The Bitcoin Price Surge, China, Jamie Dimon: Interview With Luke Rudkowski Of We Are Change
As usual, a few days can change everything in the cryptocurrency space.
A few days ago many were panicking as the cryptocurrencies crashed after news out of China came out and Jamie Demon of JP Morgan called bitcoin a “fraud” and said he’d fire anyone at JP Morgan who traded bitcoin.
Well, the Chinese news seems to have been mostly priced into the value of the cryptos and it didn’t fall too much further after the news had been widely disseminated.
And… it turns out that “coincidentally” JP Morgan was buying up massive amounts of bitcoin in European markets as their CEO was calling it a fraud!
Bitcoin has since surged over $1100 dollars off its short term lows!
Luke Rudkowski of We Are Change flew to Anarchapulco to interview me on bitcoin and we discuss China, JP Morgan and how bitcoin will destroy governments and central banks and how it isn’t a globalist creation here:
In the next few days we’ll be releasing the September issue of The Dollar Vigilante newsletter where we’ll talk about where the cryptocurrencies are going from here as well as our investments in gold mining stocks and shorting the US dollar and stock market.
You can get access to that by clicking HERE.
Jamie Dimon is a fraud...JP morgan was driving the price down then buying it back for cheap..Thats why i hate big corporations and banks..Can we be fully decentralised if we have big corporations being able to do this...
It's all part of the game. Someone's lose is someone else's gain.
Totally agree with you :) when price price was 2900+ they buy a lot :)
People don't sell in panic ever ;)
Agreed & up voted.
Forget Bitcoin Vcash actually scales !
I believe the day will come when big banks will become irrelevant. Remember, "Bitcoin Don't Care." This day is not too far off. It's obvious they are currently scrambling and full of fear. We just need to sit back and enjoy watching them sweat.
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https://steemit.com/bitcoin/@walanter/easiest-way-to-create-your-own-bitcoin-bank
I agree with you. But it does give you a great time to buy in. When the masses PANIC, you'll PROFIT.
Couldnt agree more, although they did help me buy a little something at that low price.
You have to admire one thing...if he was to do the same to a stock (disparaging remarks to lower the price and then purchase it), he would be in jail. Instead, he does it to Bitcoin and gets away with it. Maybe, be right thing to do is generate mass amounts of positive content, along with content showing how he uses his words to lower the price and buy, each time he says something bad about the industry. The guy has guts!
BTW, I am not condoning anything he did. In fact, I am am not a fan of JP Morgan - very questionable business ethics.
Dimon in trouble...Justice is served...
https://news.bitcoin.com/jamie-dimons-bitcoin-statements-reported-as-market-abuse-in-sweden/
Apa yg kalian wawancarakan,,, apakah itu sebuah berita atau
https://steemit.com/trading/@cbwltd/today-japan-becomes-largest-bitcoin-market-as-traders-leave-china
follback
Something to know about cryto bitcoin is there always change by time to time. Good news for us to read this article. As reference to our experience forward. Thank you
Well I'm a newbie here but it didn't take much time for me realize how comments in Steemit are "inclined to be supportive"... that very nice and all but really makes me wonder their sincerity
It's all part of the big plan. Big fish always gain with influence. Best being do your homework before taking any step in panic situations.
Moon time soon ;)
The surge was no surprise. Because China, without any four is one of the main influencers of not only Bitcoin but the whole crypyomarket. So closing of exchanges was sure to drop the prices.
The surge was no surprise. Because China, without any four is one of the main influencers of not only Bitcoin but the whole crypyomarket. So closing of exchanges was sure to drop the prices.
Definitely found the whole market deeply amusing. I suppose this is the problem that arises when people with little experience or knowledge starting coming wholesale into the market without preparing and studying beforehand. If they had, there'd have been far less panic.
JP Morgan... shudders* I hope they die, none of these large banking congolemerates should be allowed in, the crypto sphere could soon be the only way these banks survive the new crash they've been leading us too.
If anyone wan'ts to say that we aren't going to experience a recession, let me remind you that every decade since we've embraced far more destructive open market policies we've seen a recession, we're in time for one now.
The day has come. They are running scared, their days are numbered.
If the banking cartels weren't allowed in then BTC "likely" wouldn't have traded thru $4000 in the first place. The problem you are going to have is the next move down that takes BTC to $2K or less. Anyone who paid $4k+ will be "gone forever" when that happens. Bitcoin (and cryptos in general) needs more fans, sheeple, and lemmings...not less interested parties.
3:50 - 6:45 is something I wish more people touched on. Many do not seem to understand this.