Post Profile

'Jamie Dimon doesn't have the strongest track record when it comes to looking over the hill': Bitcoin community reacts to JPMorgan CEO's comments

Bitcoin enthusiasts have reacted with anger and derision at JPMorgan CEO Jamie Dimon's claim that the cryptocurrency is a "fraud." Dimon told a conference on Tuesday that bitcoin and the recent popularity of cryptocurrencies more generally are "worse than tulip bulbs" — referring to a notorious market mania in the 17th century that is now synonymous with bubbles. He also said he would fire any JPMorgan trader he saw trading bitcoin, calling them "stupid," and "dangerous.
read more

See more about: Jamie Dimon

Related Posts

JPMorgan CEO Jamie Dimon explains what he looks for in an ideal job candidate

Business & Finance : Business Insider: Clusterstock

JPMorgan Chase CEO Jamie Dimon wants to know as much as possible about a job candidate's character before hiring them. "I always tell people, 'There's a book on everyone,'" Dimon told John Micklethwait for a new Bloomberg Markets in...

Bitcoin dropped as soon as Jamie Dimon called its traders “stupid”

Business & Finance : Fast Company

Today at an industry event, JPMorgan CEO Jamie Dimon didn’t mince words when it came to bitcoin. “It’s a fraud,” he said, adding that it “won’t end well,” reports Bloomberg. Dimon said that he would fire any of his traders if they b...

Jamie Dimon Slams Bitcoin as a ‘Fraud'

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

The cryptocurrency "won't end well," he told an investor conference in New York on Tuesday, predicting it will eventually blow up. "It's a fraud" and "worse than tulip bulbs."... Dimon differentiated between the bitcoin currency and...

Bitcoin slides after Jamie Dimon bashes the cryptocurrency

Technology / Technology Industry News : Silicon Alley Insider

Bitcoin is trading down Tuesday afternoon after one of the most powerful men on Wall Street said the red-hot cryptocurrency is in a bubble worse than any other in history. Jamie Dimon, the CEO of JPMorgan, called bitcoin "a fraud" a...

JAMIE DIMON: Bitcoin is a fraud that's 'worse than tulip bulbs'

Business & Finance : Business Insider: Money Game

JPMorgan CEO Jamie Dimon says bitcoin is worse than the most infamous asset bubble in history. The cryptocurrency is "worse than tulip bulbs," Dimon said at a Barclays Conference on Tuesday according to Bloomberg. He added that "it'...


Technology Industry News
Copyright © 2016 Regator, LLC