J.P Morgan's Dimon says bitcoin is fraud and will blow up. This statement is not true, because it is accepted by govt of most of the countries and it is listed by so many stock exchanges. So many exchangers have been generated in almost all the countries.It easy medium of investment.There is probablity for banking industry to increase earning by the way of exchanging bitcoins if they are the bitcoin exchangers. In one word J.P Morgan is trying to lose its own business by criticizing bitcoins.