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/biz/ - Business & Finance

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3447247 No.3447247 [Reply] [Original]

In case you guys wonder why BTC is having a dip: https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Jamie Dimon just warned btc is "a fraud that will eventually blow up".
Weak hands are panicking.

And here is proof he is wrong: http://fortune.com/video/2015/11/04/jamie-dimon-youre-wasting-your-time-with-bitcoin/
In 2015 he said the same thing and BTC have since then went 1000%+

Stay strong fellow brothers

>> No.3447274

Based future president Dimon working the coinfags into a shoot

>> No.3447330

>>3447247
>BITCOIN IS A FRAUD
finally, some wisdom on these boards

>> No.3447331

He can't accept he is wrong and also being not in control. This is the equivalent of watching all of your wives being penetrated by the new alpha male.

>> No.3447335

He also just threatened to fire any stock trader in his company found to be involved working crypto...I have a feeling the major dumps are from his own employees.

>> No.3447342

>>3447247
no its because charlie lee confirms china is banning bitcoin exchanges

>> No.3447349

SELLLLLLLLLLL NAOOOOOOOOOO

>> No.3447355

hahahaha.

they're scared.

>> No.3447361

I won't answer because this girl is not asian

>> No.3447379 [DELETED] 

>>3447247
>>3447247
>>3447247
>>3447247
I have made very accurate predictions before and those who weren't sheep and listened to me profited heavenly. Those who stuck with the hivemind ended up holding bags.

Here is my next prediction: bitcoin falls 40% within one month

Ethereum falls 60%

Why:

1) Bitcoin will be mined by NK, so it will be in rational interest of world to kill business for NK or sanction Bitcoins / ban exchanges. Trump will make sure this is done swiftly and efficiently.

2) China bans Bitscoins exchanges which is not a rumour, they ban for real and people end up with bags if they did not sell. They promote their own PBOC crypto as a replacement. Just like they did with everything

3) November hard fork uncertainty.

4) Bitcoin is a bubble and in wall street most people go long bitcoin. Proven here: www.zerohedge.com/news/2017-09-12/its-official-long-bitcoin-most-crowded-trade-wall-street

5) Stacies and norms are trading "Bitcoin packages" on Facebook, meaning this is top of normie bubble. Also Paris Hilton and other dumb celebrities getting into cryptos which means the top has been reached.

>> No.3447385

>>3447342
I would say a combination.
This time the dump is actually greater on BTC/USD than on BTC/CNY

>> No.3448095

>>3447247
>The fact that the bubble got bigger since 2015 means he was wrong
I guess the guys that said the housing market was going to crash 2 years before it crashed were also wrong by that logic

>> No.3448109
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3448109

>>3447335

>> No.3448148
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3448148

hello 4chan i am a boomer

i am not baiting in your pyramide fraud scheme

i listen to real economists like jamie dimon

i am smart