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/biz/ - Business & Finance

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3448379 No.3448379 [Reply] [Original]

https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.”

The cryptocurrency “won’t end well,” he told an investor conference in New York on Tuesday, predicting it will eventually blow up. “It’s a fraud” and “worse than tulip bulbs.”

>> No.3448477

Sounds like he's salty he missed out at $400. We all saw how great they are at investing and predicting shit in 2008.

>> No.3448489
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3448489

>> No.3448491
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3448491

Fuck this guy

>> No.3448494

>>3448379
of course he says that - bitcoin is disrupting the banking business like amazon did the retail business.

>> No.3448509

Lmao so mad they can't compete with 22 year old chinks

He probably Is looking to jump into btc though
Whatever these fucks say to the public is a lie and they always have ulterior motives

>> No.3448532

>>3448379
Oh look it's just another fucking crypto newfag who thinks he's hot shit because of stocks who's throwing a hissy fit cause he lost 20% or something.

What a fucking baby lol

>> No.3448561

>To be sure, Dimon later noted that his daughter purchased some bitcoin.
Is she hot?

>> No.3448569

>>3448509
if you honestly think they have never held a cyrpto position you are out of your fucking mind. They have a huge incentive to know everything about crypto in terms of the market and regulatory action that is being drafted. They will either try to crash crypto or go all in the coming years.

>> No.3448577

https://twitter.com/agurevich23/status/907692985424371712

hahahahahahahhaha

>> No.3448607

Wondering rif he fired people for buying bitcoin when it was a few bucks? What a fucking retard. Or for making sick gains with shit coins?

>> No.3448665
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3448665

>> No.3448672

>>3448477
>>3448379
This is the same idiot who was cool with his company peddling CDOs that wrapped up all their shitty investments behind a "diversified portfolio".

The blockchain is the worst possible thing he could deal with, because everyone can review the performance of all tokens in the chain. If his investments were tied to a blockchain (as many new products coming out will allow) everyone would've seen right through his garbage investments and 2008 would've never happened.

Fuck this guy for suiciding the US economy for his own personal gain.

>> No.3448681

what the fuck is this guy's problem

also, he's a Triple-cuck for having 3 daughters:
https://en.wikipedia.org/wiki/Jamie_Dimon

>> No.3448692

he is fudding to bring the price down. Dont you guys understand they do what Biz does but as an occupation?

>> No.3448709

>>3448665
you think hes gonna leave chase and move to golaman before the moon mission?

>> No.3448710
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3448710

>Banking Jews don't understand most everyone hates them and would string them up by the necks if they had the chance
>Thinks bitcoin isn't a threat to their fractional reserve lending and mandatory inflation currency

I can't wait for bitcoin to grow

>> No.3448718

HAHAHAHAHHAHA

Wait a minute you were serious, let me laugh even harder!

HAHAHAHHAHHAHAHAHAHHOHOHOHOHOHOHHO

>> No.3448730

>>3448709
I dun goofed but sure let's go with that.

>> No.3448799

>>3448379
>“If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are better off doing it in bitcoin than U.S. dollars,”
He doesn't even know about blockchain analytics, how long until he steps down and ends up selling """ diversified """ shitcoin packages at Goldman Sachs?

>> No.3449724

>>3448692
Kek, a shill with a million dollar salary

>> No.3449821
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3449821

>>3448379
I know a cuck when i see one...

>> No.3449847

He's not wrong about BTC currently being a massive bubble, and that we're due for a "blow up".

But he's a crypto-jew, so his words mean nothing. He'll probably dump a billion dollars into BTC when it hits $1500, and do a 180 in the media to prop up the price.

>> No.3449874

>>3449847
to be accurate he said btc could easily go to 100k. but again, he is not a trader just a puppet to blame, a career cuck. master cuck, cucking 40 years at different banks

>> No.3449903
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3449903

>>3448477
>Sounds like he's salty he missed out at $400
His net worth is literally 1.15B.

https://www.forbes.com/profile/jamie-dimon/

Coiners BTFO

>> No.3449923

>>3449903
not $400 in profit you doorknob

>> No.3449933

>>3449903
so he could have turned that into like 10 billion with bitcoins, fag

>> No.3449950

Fucking hell, I keep wanting to go long, I start taking small positions and some asshole market sells half a million a second after..

>> No.3449956

He's a sad FUDster and his warnings are omen of good fortune for all crypto.

This man and what he represents are the very enemy of crypto.

Think about it.

>> No.3449976

>>3449903
Could easily be 1.25b with 100 bitcoins

>> No.3450004

even small prop trading firms have ppl trading bitcoin. would be surprised if big guys have nothing to do with it

>> No.3450037

could it be more obvious that this guy is seriously worried about crypto disrupting his comfy spacy

>> No.3450052

>>3448379
This is nothing but a big green light saying BUY and anyone who trusts him deserves to stay poor.

>> No.3450098

Said the faggot who lost his clients money on a regulated and safe market?

I think he must fire himself

>> No.3450114

>>3450098
i agree

>> No.3450124

Retarded coiner delusion is reaching mass hysteria levels

This is all false

You will lose everything

>> No.3450129

>>3448710
Dimon isn't a Jew

Stay butthurt

>> No.3450134

>>3448509
Pretty much. These big investment companies are always full of shit. They are trying to bring down BTC prices so they can buy in at a cheap point.

Never trust news articles "predicting" things.

>> No.3450155

https://www.youtube.com/watch?v=yyrhikYaRrk

>> No.3450161

>>3450098
>>3450114

"regulated and safe"

kek,

but yeah, fuck this guy, he literally- and i mean literally- is "the people" crypto is trying to replace and render inconsequential.

and hes a straight up criminal

>> No.3450191

>>3450155
WEEEEEEEE

>> No.3450215

Coincucks betting the farm and going to the mat stop this lads you can save your wealth. Get out of these scam "coins"

>> No.3450225

>>3449903
all that money and he still choose salty. what a fag

>> No.3450231
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3450231

>>3448379

>The jew being this butt hurt and sour grapes.

feels good man.

It means we're doing something right.

>> No.3450310

JP Morgan has been front running the crypto world for some time.

If he's calling the market it means he is going to dump and flash crash just like late July and going to scoop up cheap bitcoin.

Then his analysts will predict $10k bitcoin in early 2018, and guess what? JP Morgan again seems prescient in financial markets and continues to reign as the biggest financial firm on the planet.

Manipulating markets is what they do. So you can try and front run JP morgan by selling now, or, just ride out the possible shitstorm if markets freak on a multi-day double digit downturn.

Of course this could be a head fake and they do nothing leading creedence to the facade that they in fact do not control markets and are just another friendly bank, here to serve.

>> No.3450358

>>3448379
>Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.”

Sounds like he's warming up to claim that any proof that JP Morgan was manipulating crypto markets is false and only "Rogue actors" who happened to be employed by JP Morgan as traders, were acting on their own behalf, and against company policy.

>> No.3450404

>>3450124
lol. look mom, a no coiner

>> No.3450777

>>3448379
Yo he's playing us. You can bet he has his eye on BTC.

>> No.3450868

>>3448379
this girl isn't asain

>> No.3450923
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3450923

>>3450358

bingo

this will be the move when old money gets handed the crypto infrastructure by the feds to "protect" and "regulate" it so americans can make safe 5% gains without funding terrorist druggies who hate freedom

of course all their interest and shenanigans in crypto beforehand will be (((redacted)))