Quote from: BitWhale on September 21, 2017, 05:08:04 PM

I'm glad Jamie Dimon got reported, but I think you are all looking at this wrong...

JPM trades on behalf of their customers... they aren't stupid enough to publicly manipulate the market and then buy a derivative of that market in order to profit. I think we both know the fines, PR nightmare, & court fees would easily dwarf any profits they've gained from doing so.

It's much more likely they were buying XBT derivatives ON BEHALF OF THEIR OWN CUSTOMERS.

This narrative that they bought on their corporate books is speculation at best until it can be proven otherwise... continuing it only makes Bitcoiners look dumb as fuck for not having even the slightest idea how a true investment bank functions.

Please stop mindlessly regurgitating things you've read and do a bit of research for gods sake.

These kind of the whales always do fucking damn things to bitcoin. he bought xbt and locked I don't know why he came and criticise about bitcoin last week. Many world corporates started accepting bitcoin and they planning to invest on ICO, mining, E-commerce and blockchain based security system.