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Bitcoin Price (AKA Jamie Dimon, where are you?)

  • 12-10-2017 9:17am
    #1
    Registered Users Posts: 48 ✭✭✭ Bitcoin


    go.php?u=oL8zjidWzujs3fIaZCUsRf4t3SR9Gn5K%2FoGB&b=5

    Circled on that graph is the recent bottom after Jamie Dimon made his ridiculous and outrageous comments on Bitcoin. I advised people to ignore this blatant market manipulation and to use this as a buying opportunity to buy the dip. I did so myself and am sitting on some nice profits. 10 and 25 day moving averages would indicate that we are now in a slightly overbought position, but for long term investors there is likely more long term gains to be had.


Comments

  • Registered Users Posts: 48 ✭✭✭ Bitcoin


    I want to embed this image, but computer says no. what gives?
    https://i.imgur.com/Es5VSBW.png


  • Registered Users Posts: 1,223 pro_gnostic_8


    New All-Time High ? :)

    China closes Bitcoin Exchanges,
    Putin hints yesterday at banning Bitcoin,
    Jamie Dimon predicts the death of Bitcoin,
    But .................... the Honeybadger just don't care ! :D

    Capture%20btc_zpsvx0tj7vn.png


  • Registered Users Posts: 48 ✭✭✭ Bitcoin


    go.php?u=oL8zjidWzujs3fIaZCUsRf4t3SR9Gn5K%2FoGB&b=5


  • Registered Users Posts: 1,223 pro_gnostic_8


    All those of us who are Hodling are sitting happy.
    But spare a thought for those people who Shorted around the $4,100 mark -- for them it's a nightmare. They are getting margin-called, and in many cases having their entire stake liquidated. There's blood on the streets.
    A bad day to be a Bear.


  • Registered Users Posts: 1,223 pro_gnostic_8


    This breakthrough of the $5,000 barrier will also push Bitcoin into the mainstream press, which can only be a good thing.
    In only the last hour, The Guardian has pumped it.
    https://www.theguardian.com/technology/2017/oct/12/bitcoin-price-5000-cryptocurrency-gold-bubble


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  • Registered Users Posts: 2,049 ✭✭✭ crushproof


    Dimon knew exactly what he was doing and surely made himself and his cohorts millions on the drop and subsequent rise to 5,000. Expert manipulator


  • Registered Users Posts: 2,072 ✭✭✭ ZeroThreat


    crushproof wrote: »
    Dimon knew exactly what he was doing and surely made himself and his cohorts millions on the drop and subsequent rise to 5,000. Expert manipulator

    His daughter reportedly also held large amounts of bitcoin, so he was helping increase the family wealth. :D


  • Registered Users Posts: 48 ✭✭✭ Bitcoin


    ZeroThreat wrote: »
    crushproof wrote: »
    Dimon knew exactly what he was doing and surely made himself and his cohorts millions on the drop and subsequent rise to 5,000. Expert manipulator

    His daughter reportedly also held large amounts of bitcoin, so he was helping increase the family wealth. :D
    Anything that him or his bankster ilk say should be taken as a contrary indicator.


  • Registered Users Posts: 2,072 ✭✭✭ ZeroThreat


    Bitcoin wrote: »
    Anything that him or his bankster ilk say should be taken as a contrary indicator.

    http://business.time.com/2013/12/18/heres-jamie-dimons-opulent-maddeningly-tone-deaf-christmas-card/

    He does seem a particularly obnoxious arsehole who likes to rub the general public noses in it..


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