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JP Morgan CEO Admits He Was Wrong About Bitcoin

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43 Comments on JP Morgan CEO Admits He Was Wrong About Bitcoin

    • Its not money… it is just numbers that represent a transfer of wealth. Its value comes from its scarcity and difficulty to attain. It is a safe haven due to its limited amount. . When you give 10 gold coins for a bitcoin and send it to me across the world… I can take it and buy my own 10 gold coins locally. don’t even get me started about dollars.

  1. this is all orchestrated. can’t believe you don’t see it. stop fooling yourself. ( i do not own usd i do not keep anything in banks and i own cryptos).

    • u guys are dumb as f*** to believe that all this crypto hype is just a coincidence. this is all planned those profits are meant t be so everybody would get involved with cryptos (NWO currency). fiat was created for a purpose and its time to die now and give birth to the new system. search for the economist magazine cover photo with the phoenix 1988 and tell me this is a coincidence too. you guys think u know the truth u are all just sheep but u dont see it. u too jeff.

    • Eth classic is the phoenix, rising from the ashes! go look. I now a fair few ppl who went all in ysterday. btc flash crash etc held steady. Also Zcash is gonna go wild guys.

  2. All they did was trash and let it fall, and then amass in great quantity….. We ready for you guys, we held on tight. We smarter…… 😂

  3. Bitcoin is frivolous activity yielding nothing of value , other than allowing presence of online gambling. Totally worthless in terms of true value.
    It’s current monetary value is driven from participants perception of value.

    • lol this wasnt an admittance, this was him saving face because his people started “side eyeing” him. mmhmm and he was caught with his and in the cookie jar. its all a shady mess. but love this video

  4. It is quite likely that all is completely intentional … It’s the acting in its purest form either way and any way.

    • alpha7B5 yes, it is. We never know what is on their vile minds until we are fucked up again. if you can’t prevent something get control of it. They do have means to pump up the price of Bitcoin to the stratosphere and then drop it all the way down to earth in no time. They can create an alternative like Ripple or something and pump its price to the stratosphere again to beat the price of Bitcoin and make people flee Bitcoin. After all, they can stop the evolution of Bitcoin by preventing upgrades and making it look less an less attractive as a means of exchange. Time will tell which way they will choose but make no mistake – they must have a plan

  5. It’s all speculative. It could have easily gone the other way! How to really know? You don’t. That’s why it’s called gambling….you win some you lose some.

  6. Been waiting on ya Jeff to post this update. Thanks bro! BTW, your music… DAMN IT’S HOT, who produced it? Keep up the good work.

  7. In case you have not heard the good news :
    I’m pleased to be able to share @MoneyGram has partnered with @Ripple to use $XRP in their payment flows.
    Go Ripple ! What’s In Your Wallet ?

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