Is bitcoin tanking?
Well, China deciding to ban trading of bitcoin & other crypto's on domestic exchanges PLUS Jamie Dimon, CEO of J.P. Morgan saying bitcoin is a fraud certainly didn't help. Here's a bit of interesting news I found out though, he says something derogatory about bitcoin once a year that causes a dip in price.
Because he's one of the top 100 most influential people in the world, when he speaks people listen. Check out the dates. Jan 2014 he spoke out against bitcoin it crashed 73% in a year. Then Nov 2015, Jan 2016 & finally Sept 2017. He's a slick one, Mr. Grinch..err..I mean Mr. Dimon..
I can almost guarantee he's buying heavy right now & waiting for the bounce back before he sells & talks bad about btc again early next year lol
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