Quote from: neurotypical on December 01, 2017, 04:33:03 PM

And don't forget that after Jamie Dimon said "anyone trading Bitcoin in my company will be fired" we found people in JP Morgan buying the Bitcoin dip:

http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe

These people creating FUD then buying the dip. They want to control as much bitcoin as possible. If they are not going to ban it, then they are going to take it away from people's hands with these techniques. Only the strong hands will have BTC.

Precisely. I think that incident is still fresh in a lot of people's minds, and buyers will now take that sort of superlative rhetoric as tapping down markets to make it suitable for cheap entry at dips. And it seems to have worked too... moving from ATH to near-$9,000 levels provided the perfect dip. Today it is back above $11,000 - that's an easy 20% profit, just to trade on the rumour they themselves sold.

Strong hands are getting fewer I guess, especially with some publicly cashing out to enjoy their newfound wealth. Good news to me anyway, cause I really need my 1 Bitcoin before the price goes to $15k!