#bitcoin #crypto #yahoofinance
During his testimony to Congress on Wednesday, JPMorgan CEO Jamie Dimon criticized cryptocurrencies like bitcoin, comparing them to Ponzi schemes.
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35 Comments
Forex and stock exchange are old trading platforms and the blockchain technology cryptocurrency trading is a new innovation technology.
🤣🤣🤣
<I got into <BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy these dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 9.5 BTC with 2.4btc in just 5weeks from day trading with Expert MR Jack Muller Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second language <You can reach MR Jack Muller on ͲeIєɠɾαm👉JACKMULLER
Cheers thank me later
But he's right,its a ponzi scheme and people need to get in fast,make your money and get out fast.
It might take a while but like every ponzi s cheme,its gonna crash
What’s crazy is there the ones doing all the illegal schemes I guess you gotta play your part to look legit he only fooling his self 🤣
What about JP morgan Coin. Lol
JPMorgan has paid 200million $ in fines.
WOW, this criminal P.O.S. has a lot of nerve! How many fines has he paid??!!
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If Jamie Diamon hates Bitcoin than it must be a HUGE threat to all of his manipulative scams. He has been fined for manipulating the Silver and precious metal markets and was found guilty and than fined millions for it. Normal people would go to jail for life but the elites get these things called fines that are loopholed out of their profits. Jamie Diamond is the biggest fraudster that can't be touched in history.
Hey Demon – your bank & all other banks are a PONZI SCHEMES.
Bull run back on? 👀😆
I laugh so hard with this guy I’m not dumb Bitcoin is the greatest treat to your money laundering and how you have used us for long time. 😂
A criminal organization just busted for manipulating metals speaking on ponzi scheme, interesting.
how about the scheme of earning 1% a year investing in banks and before the 20-year arrives there is a recession …
Coming from the biggest ponzi scammers ever the bankers what a joke
Rat poison
This guy keeps back tracking Bitcoin .. hey guys this is the guy that charges you 10 dollar fees on checking accounts . He sounds like a broken record . Karma is a bitch Jamie demon
US dollar is a ponzi .. they print it out of thin air.
Yup ok thanks
Jamie Diamond is the fraudster here, no doubt! JP Morgan SUCKS!!!!
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.❤
I sincerely appreciate the knowledge you share. If you have been closely watching the crypto <or even invested in it, chances are that you are wondering whether the latest bear cycle is over. The truth is that the market remains unpredictable especially in the long-term. Despite the heavy outflows, Bitcoin still managed to promptly recover, this recovery demonstrated Bitcoin’s strength despite being stress tested against highly volatile and unfavorable market conditions. Could this outcome be a sign that the market is ready for a bigger recovery? The obvious answers is yes despite how long it might take, it is very important to stay ahead of the market by trading with the right strategy. I have been trading with Denver Lawson’s signals and strategy for 3 weeks which I have been able to accumulate 10.8 btc with his signals. He’s a trader i believe everyone else can also work it..
Jamie Dimon is like a white rhino completely unaware it's about to go extinct.
Thanks <,for your consistency. Highly value your inputs and how you defuse the complexity of the charts into biteable size. Cheers. The lower BTC goes, the better. Like I said under one of the previous videos I think we might make a lower low. And that is purely based on the whales (10k+bitcoin) selling and they have yet to start accumulating. Ofcourse they could be wrong this time but they have always been right and bought near the bottom to then sell at the top so I doubt it is different this time. That is the only reason I give the bearish scenario a higher probability myself. Volatility is the price you pay for great returns. The market does not need another QE to rally. There are already alot of "currency" waiting on the sideline. The big rally in the last few days proves that already on the interpretation of Fed pivot. The only sound money is built on scarcity: BTC. Your privacy is your freedom, never forget that! Be wise INVEST HOLD and TRADE your BTC . It the best time to slowly DCA in this wall of worries. Hard work and investing in yourself is the best investment ever. Although I believe that the benefits of triumphant trading come from an expert and that is why I made massive payback with the help of my investment manager EXPERT MARSHALL CLINTON, he is a sagacity and that is why I always advise beginners/investors to trade with professionals like him. So far I have been able to improved my trading skills and atop my trading portfolio from day trading with $53k, I have made over $ 370k worth of BTC with the faultless trading signal prescribed to me by Expert Marshall Sterne and I'm an deponent to the accuracy of her trading signal. <<<You all in search of a way to redeem your mislay from the batter and rack up more profits can reach out to her for valuable trading methodology on ͲeIєɠɾαm @ MARSHALLCLINTON OR What'sapp✙19144550434 for more crypto related issues
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets.. More emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 10.2 BTC when I started at 4.5 BTC in just few weeks implementing Patricia Reo daily trading signals and tips.
He has lied about this before
This is like listening to a taxi driver with a history of ripping off his passengers tell you that Uber is a scam. 🤡
Great <info and insight as always. <Thanks a ton for this deep dive. Look forward to watching more of your great content. <I'm really blown away by the fact that having watched your videos for so long, I had the same opinion that you are putting forth in this video. Anyone who thinks the Fed is going to take their foot off the gas is crazy. Bitcoin price has produced three consecutive lower lows since Sep 7, but at the same time, the Relative Strength Indicator has shown a positive rise demonstrating a lack of underlying bearish power. I found it interesting to note that there's also no will to let BTC go below $18K as it always bounces back into its $18.5K-$19.5K range. Each sub-$18K dip is furiously bought. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Thomas Fuller a professional broker/tradr that has been my mentor, I have accumulated 12' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Mr Thomas on <ͲeIєɠɾαm his personal handle is @thomasfullerofficial or What'sapp✙447862067653..
You know what would actually help the unbanked? A f***in bank.
LOL !!! There is no such thing as decentralised Ponzi schemes 🙂
All of the crypto crap are Ponzi schemes and none of them are decentralised
Only the original Bitcoin is decentralised and not a Ponzi due to its locked protocol and global scale, and no, I am not talking about BTC, I am talking about BSV
BTC is a Ponzi also and BTC is not Bitcoin. All of the MSM, crypto media, influencers and exchanged have been de-frauding you
Charts appear to say >17.5k< bottom i could see that, but not with the macro situation though. I don’t even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, don’t make sense to me. Institutions & whales need retail to sell so there’s enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really don’t think we’ve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 1.5` btc from trading with Shlomi Gray in few weeks this is one of the best medium to backup your assets incase it goes bearish.
Lmfao….. Jp Morgan's of tge world. Blackrock…. federal reserve… ALL PONZI SCHEMES… How many times have they been busted for market manipulation… They own the media and these clowns reporting on it.
I'd rather invest in centralized ponzi schemes.
this explanation of bitcoin i understand
checklist + setup + tradable market trend conditions = probability . if ever fearful.. come from a place of concern “what is my strategy” stick to it , do not get convinced by any other cause