Post
Topic
Board Bitcoin Discussion
Re: JP Morgan CEO Jamie Dimon Says Global Recession Not Coming: Effect On Bitcoin?
by
boyptc
on 11/01/2019, 10:59:35 UTC
“I didn’t want to be the spokesman against bitcoin. I don’t really give a shit — that’s the point, OK?” - Jamie Dimon
Ahaha this what he said? come on, he's been known to be buying during those times he's been bashing bitcoin.

Yeah he don't care but action speaks louder than words. Sooner or later there will be articles again on how much he's apologizing that he said such words against bitcoin.

We all know  the tactics which are followed by these big whales. They say something which may bring the moral of the ordinary people down and they sell in loss. These whales then buy back all cheap bitcoins and say something positive making market recover well and they sell in profit.
Keeping this in mind, we should not be panic on such statements by JP or anyone.
Yes, they drive the feelings of the small investor like us and believes that everything they say is wisdom. This is one of the perks of becoming rich, every word that comes out from your mouth is knowledge and wisdom.

I guess its a signal that they still want to have more and drive the market into a longer bear for their own advantage.