Thread: 
SubscribeI wonder what his intentions are for saying that. And to think that his comment has also moved the market at that time. His inconsistency is not very good for his imageOriginally Posted by Mr. Cid
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#6
I wonder what his intentions are for saying that. And to think that his comment has also moved the market at that time. His inconsistency is not very good for his image
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#5
He changed comments right after he received negative remarks about that. Because of that, I didn't believe him anymore.
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#4
It turns out that the J.P. Morgan CEO regrets of calling Bitcoin a "fraud". According to the CNBC, he publicly changed his opinion regarding Bitcoin and says "blockchain is real."
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#3
That is what literally the reason why although bitcoin is very tempting to get involved with but every time bad news like above appears, it will make you think 100 times before getting involve with something that business and financial leaders consider fraud or illegal. Scary isn't it? Am actually scared of the flash crash even if am not hoarding or trading bitcoin.
I think the best way is to invest with bitcoin the money you can afford to lose, so that if flash crash will happen, you wont feel any pain or regrets.
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#2
I also read the article about that, but I don't think his claim was true because until now the Bitcoin still soaring. New investors are determined to invest on crypto currencies.
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#1
I hate to be the bearer of bad news but again my source is CNBC, JPMorgan CEO made a comment that Bitcoin is a 'fraud' and that it would blow over soon. While there are many other experts that claim that Bitcoin to would go to $10000 in 3 years, however, those are nameless experts. Here we have one of the CEO of the world foremost investment banks saying this, I do not think it is good news.
Then again investment always has its risk, just be careful even if you wish to invest in Bitcoin, do not put too much into the cryptocurrency market.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2 )
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