Post
Topic
Board Bitcoin Discussion
Re: JP Morgan is a cheat.
by
masterwakokok7
on 18/09/2017, 08:31:39 UTC
with the rumors going round about JP Morgan buy a large quantity of bitcoin yesterday...i believe his statement was to manipulate the market so he can get in hard....what you this tell me

Businessman doing business. This type of strategy do really work trying to put down someone or something in favor of their own interest. This is one used strategy by banks to manipulate the market somehow. Giving out statements such as Dimon did, contribute in the depreciation of value of Bitcoin so that they could bought for themselves. Hereafter buying they'd for sure release another statement to counter the first one. Definitely the price of Bitcoin would rose again, then for sure they gained more than they bargain for.