Coin Telegraph
GOOD MORNING STEEMIT!
Well I hope we all survived yesterday's crypto dump. Also lol at using the work dump for a 5% drop while hovering around all time highs.
I know this is crypto and facts don't really matter here, but seriously lol.
Anyway, along with the persistent China rumours (which I'm not even going to bother addressing because that country and government are so ridiculously fake), we got this:
BREAKING: JPMorgan CEO Jamie Dimon says bitcoin "is a fraud" that will eventually blow up
Just give me a second here...
Oh man, come on.
This is the same JPMorgan Chase that paid out $13 BILLION... yes, BILLION... in fines and compensation to the U.S. government because it essentially caused the global financial crisis by willingly selling FRAUDULENT credit default swaps to you and me.
Bitcoin was literally created from the shadows that they cast over the entire financial system as we currently know it.
If Jamie Dimon and JPM feel compelled to talk down Bitcoin, this should actually be viewed as one of the most bullish events of the year.
They're worried. And so they should be.
This is barely the beginning!
BTC/USD Daily
I've blogged about why I don't think Bitcoin is in a bubble before and in that post I spoke about the fact that BTC/USD on the daily can pull all the way back to the $3000 level and still be MASSIVELY bullish.
It's scary and shit for you that want money now, but it would actually be a healthy market move and show that Bitcoin is maturing as a market.
Look at the way that price is spiking back up on the daily above though. Maybe the market is already coming to its senses?
BTC/USD 4 Hourly
Zooming into an intraday chart and we've got a nice 4 hourly pin bar that's formed. For now that's just an indecision candle rather than a reversal candle, but it's there none the less.
BTMFD.
I'm actually most pissed off that all this unrelated FUD ruined the QTUM rocket ship launch last night.
Burninggg!
Peace.
Related @forexbrokr CHART ART Blogs
CHART ART: JUST HOURS UNTIL QTUM MAINNET RELEASE - 10PM BEIJING
Instagram: @forexbrokr
Website: www.forexbrokr.com
"This is the same JPMorgan Chase that paid out $13 BILLION... yes, BILLION... in fines and compensation to the U.S. government because it essentially caused the global financial crisis by willingly selling FRAUDULENT credit default swaps to you and me."
Excellent point thank you, its important that we remember this type of thing and what they have done to us with their idea of money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hi l think economy about sometimes live to 2008 coming soon 2018 crysis very big problem...ı know ant l try this time make a stock of money crysis earn money is sure a job :..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can tulips be transferred, instantly, anywhere around the world within seconds?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No... But do Bitcoins look and smell pretty? :P
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The idea Bitcoin can't be an asset because it lacks "intrinsic value" is absurd for this very reason. The "intrinsic value" of one bitcoin is
1/(21*10^6)*XwhereXis the value of the payment network that the btc tokens are part of. Unfortunately, knowing that doesn't change the lengthy price discovery process ahead of us.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great article, it really sums up how many of us feel. - Like Dimon or the government really care about illicit activity in that way! When his call girls only accept bitcoin, he'll come around.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There's a distinct possibility they already do, he's probably simply never asked...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Informative post thanks for sharing 👌
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
np.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I thought that the code currency including BTC shifted in the future personally because there was the big advantage with the No-mask sex than an existing currency.
But, may the price of BTC be too high? Because there was it again.
When I compared it with other coins, the ability of BTC is because it is not high at all.
May a fair evaluation for the performance of the coin become the price of coin including other coins in future as well as BTC?
I think so.
I use translation software. If there are incomprehensible expression, wrong expression, I am happy if you can point it out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post thank for share
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
a very good post. thank you for sharing the story, success is always my friend! I want to like you post. But not yet. Guide this friend!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There's an upvote arrow at the bottom of the post. Click it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Regarding Jamie Dillon, I think this meme explains it best (didn't make it, just found it)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amen @forexbrokr, Amen
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@forexbrokr This is actually some amazing work!.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post...
Stay cocky. It's normal for caring people to get pissed off.
Satire and humor can be a great outlet for negative-turned-positive energy.
Wall Street has been screaming about BitCoin being in a bubble since BitCoin reached the massive high of $2.77 and they've been dong month after money ever-since.
When panicky buyers caught their bearings they realized that Wall Street has been making a living off lies, manipulation, greed, slave-wages for employees, empowering businesses that destroy the planet and screwing over the employees and customers enslaved to them.
There might be a pause and dip in the market, but It never lasts long because the entire crypto market is built on REAL people who are not polluting the planet and not fucking-over innocent human beings!
PEACE
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this is awesome, made me laugh probably a little harder than was really intended. people are idiots, and those that sold just because some banker douchebag said something negative really shouldn't bother with crypto.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @forexbrokr! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit