Well, that's how a businessman's mind works. Dimon targeted the emotional imbalances of the investors stating that this industry is fraud. What Dimon did was an emotional blackmail, instead of holding onto their coins they were forced to believe in something that this industry will fall and the result is as expected. A lot of investors sold their coins to contribute to the downfall of the price of Bitcoin in the market. JP Morgan uses that as an advantage to buy coins for themselves. I will not be shocked if Dimon suddenly reverses his statement towards Bitcoin. That's how manipulative a man and his company can be.