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    Author Topic: Institutions Buying Bitcoin While They Fud  (Read 341 times)
    SuperTA (OP)
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    July 27, 2019, 10:43:23 PM
    Last edit: July 28, 2019, 12:52:27 AM by SuperTA
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    Just to let you know! It's not illegal to fud and to buy bitcoin! That's what was happening with JPMorgan Fud about bitcoin, according to many financial analysts. So you probably remember when JPMorgan CEO called bitcoin a fraud that will eventually blow up. Mr. Jamie Dimon (JPMorgan CEO) is a very important person in the financial world. When he says something bad about bitcoin, many people listen. Mr. Dimon compared bitcoin with the tulip mania.

    This statement was published on the 12th of september 2017. This was the day when bitcoin started a correction, almost -30 procent!

    Bitcoin Chart (12th sep 2017)
    https://s3.amazonaws.com/tradingview/snapshots/r/RZsBwnQH.png

    One of the articles (12th sep 2017)
    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

    Here is an interesting part! On that weekend, one of the largest bitcoin buyers was JPMorgan and Morgan Stanley, according to Teeka Tiwari (Financial Writter). So here we have, people pushing down the price with their public statements and then buying the dip. Creating fear in order to get cheaper prices is not a new thing.

    May 2019

    This year JPMorgan admits that bitcoin has value! What a surprise! They completly changed their opinion!

    "JPMorgan finally admits Bitcoin has value, here is how they measure it"

    https://cryptoslate.com/jpmorgan-finally-admits-bitcoin-has-value-here-is-how-they-measure-it/


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