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Jamie Dimon: Bitcoin Is A Fraud - Seeking Alpha;

Jamie Dimon: Bitcoin Is A Fraud - Seeking Alpha

Seeking AlphaJamie Dimon: Bitcoin Is A FraudSeeking AlphaJamie Dimon CEO of J.P. Morgan (JPM) called Bitcoin (COIN) (OTCQX:GBTC) a fraud at the Delivering Alpha conference presented by CNBC and Institutional Investor. I've used discussions of Bitcoin by celebrated investors and entrepreneurs as a ...and more »

The world's oldest bitcoin exchange is shutting down in China - Quartz;

The world's oldest bitcoin exchange is shutting down in China - Quartz

QuartzThe world's oldest bitcoin exchange is shutting down in ChinaQuartzShanghai-based BTCC said it would halt trading on its domestic cryptocurrency exchange by Sept. 30, in response to tighter control over trading crypto tokens by China's central bank. This followed a report from local media (in Chinese) saying that the ...and more »

Bitcoin Price Drops Amid China Closedown And JP Morgan Scam Attack - LeapRate;

Bitcoin Price Drops Amid China Closedown And JP Morgan Scam Attack - LeapRate

LeapRateBitcoin Price Drops Amid China Closedown And JP Morgan Scam AttackLeapRateAs BTCChina announced that it will stop new users from registering from September 30th, the price of bitcoin fell down with $1000 since the start of the month. With speculation about the Chinese government banning all exchanges from trading bitcoin and ...and more »

John McAfee And Global Bitcoin Fans Challenge Jamie Dimon's 'Fraud' Comments - TheStreet.com;

John McAfee And Global Bitcoin Fans Challenge Jamie Dimon's 'Fraud' Comments - TheStreet.com

TheStreet.comJohn McAfee And Global Bitcoin Fans Challenge Jamie Dimon's 'Fraud' CommentsTheStreet.comEarlier this week JP Morgan CEO Jamie Dimon caused Bitcoin to plummet in value when he called the cryptocurrency a 'fraud' and 'worse than tulip bulbs.' But staunch Bitcoin supporters like John McAfee are fighting back. One critic even says Dimon is ...and more »

Bitcoin: Buy, Sell or Hold? - SavingAdvice.com;

Bitcoin: Buy, Sell or Hold? - SavingAdvice.com

SavingAdvice.comBitcoin: Buy, Sell or Hold?SavingAdvice.comCryptocurrency definition bitcoin buy sell hold watch Hold bitcoin from the day it began trading until now, you might have made a profit of $77,000 on an initial investment of just a dime. That's 770,000% in seven years! Except that by the time you ...and more »

“If You Were A Drug Dealer, A Murderer…” Open An Account At JPMorgan - ValueWalk;

“If You Were A Drug Dealer, A Murderer…” Open An Account At JPMorgan - ValueWalk

ValueWalk“If You Were A Drug Dealer, A Murderer…” Open An Account At JPMorganValueWalkOn Tuesday afternoon, Jamie Dimon, the CEO of banking giant JPMorgan, let loose on Bitcoin. JPMorgan Joe Mabel [CC BY-SA 3.0], via Wikimedia Commons He was speaking at the Barclays Financial Services conference, and when asked whether his ...and more »

Before you believe Dimon's claims that Bitcoin is a fraud just remember what he tried to build in 2013 - GeekReply (press release) (blog);

Before you believe Dimon's claims that Bitcoin is a fraud just remember what he tried to build in 2013 - GeekReply (press release) (blog)

GeekReply (press release) (blog)Before you believe Dimon's claims that Bitcoin is a fraud just remember what he tried to build in 2013GeekReply (press release) (blog)JP Morgan boss Jamie Dimon has ruffled a lot of feathers this week. Mr Dimon claimed that Bitcoin is a fraud that will ultimately blow up. There is just one little problem with Mr Dimon's assertion. To find out why we need to go on a trip to the long ...and more »

China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown - New York Times;

China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown - New York Times

New York TimesChina Bitcoin Exchange to Stop Trading Virtual Currencies Amid CrackdownNew York TimesAn employee at the Bitmain farm that “mines” for Bitcoin. Chinese regulators have said they will halt exchange-based trading in the virtual currency. Credit Giulia Marchi for The New York Times. BEIJING — A major Chinese exchange specializing in the ...and more »

A huge China cryptocurrency exchange just tanked bitcoin - VICE News;

A huge China cryptocurrency exchange just tanked bitcoin - VICE News

VICE NewsA huge China cryptocurrency exchange just tanked bitcoinVICE NewsBitcoin crashed by as much as 10 percent Thursday after China's second-largest bitcoin exchange announced it will stop trading the cryptocurrency at the end of September. The move comes as Chinese authorities continue to clamp down on the world's most ...and more »

Bitcoin Losses Worsen as Chinese Exchange Closes - Wall Street Journal (subscription);

Bitcoin Losses Worsen as Chinese Exchange Closes - Wall Street Journal (subscription)

Wall Street Journal (subscription)Bitcoin Losses Worsen as Chinese Exchange ClosesWall Street Journal (subscription)Bitcoin prices fell sharply on Thursday after China's second-largest digital-currency exchange announced it was shutting down its domestic trading operations, the latest development in China's attempts to impose control within its borders over the ...and more »

China to close all bitcoin exchanges by end-September: Yicai - Reuters

China to close all bitcoin exchanges by end-September: YicaiReutersLONDON (Reuters) - China plans to shut the country's bitcoin exchanges by the end of September, Chinese financial news outlet Yicai said on Thursday, citing sources. “It has been set for the end of September, the order has come from above,” Yicai said, ...and more »

Bitcoin continues the Jamie Dimon fall today but stalls near retracement target - ForexLive;

Bitcoin continues the Jamie Dimon fall today but stalls near retracement target - ForexLive

ForexLiveBitcoin continues the Jamie Dimon fall today but stalls near retracement targetForexLiveYesterday, JP Morgan's Jamie Dimon said that bitcoin was fraud among other things (see post from yesterday here). His comments sent the cryptocurrency sharply lower, and that move tested the lows from September at 4112 and 4098. The price dipped ...and more »

Bitcoin Has A China Problem - Benzinga;

Bitcoin Has A China Problem - Benzinga

BenzingaBitcoin Has A China ProblemBenzingaChinese regulators have shut down bitcoin exchanges, leaving the future of digital currencies in China up in the air and sending the price of bitcoin and ether tumbling. On Thursday, China Business News and 21st Century Economic Report both reported ...and more »

Bitcoin, Ether in bear market territory after declines - MarketWatch;

Bitcoin, Ether in bear market territory after declines - MarketWatch

MarketWatchBitcoin, Ether in bear market territory after declinesMarketWatchPrecipitous declines in prices for bitcoin and Ether in the wake of a potential crackdown on exchanges by Chinese authorities have shaved nearly $40 billion off the combined market capitalization of the cryptocurrencies over the past two weeks. The ...and more »

Bitcoin Is Plummeting After an Exchange in China Said It Would Halt Trading - Fortune

Bitcoin Is Plummeting After an Exchange in China Said It Would Halt TradingFortuneChinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month. China ...and more »

Bitcoin Price Falls to $3450 But Analysts Aren't Worried - CryptoCoinsNews;

Bitcoin Price Falls to $3450 But Analysts Aren't Worried - CryptoCoinsNews

CryptoCoinsNewsBitcoin Price Falls to $3450 But Analysts Aren't WorriedCryptoCoinsNewsBitcoin price plunged from $3,860 to $3,460 within the past 24 hours due to the closure of China's third largest bitcoin exchange BTCC. But, the majority of traders in China and other major markets such as the US, Japan and South Korea are still ...and more »

BTCChina Announces Exit from China's Bitcoin Exchange Market - BTCMANAGER;

BTCChina Announces Exit from China's Bitcoin Exchange Market - BTCMANAGER

BTCMANAGERBTCChina Announces Exit from China's Bitcoin Exchange MarketBTCMANAGEROne of the largest exchanges in China is voluntarily closing its operations. BTCChina announced on September 14 that it will stop all trading on September 30 as regulators are reportedly planning to stop fiat to bitcoin trades in the country. BTC-USD ...and more »

Bitcoin China to shut down trading platform - The Tribune

Bitcoin China to shut down trading platformThe TribuneBTCChina, one of the biggest bitcoin exchanges in the world, on Thursday announced that it will shut down all trading activities on its platform from September 30 as regulators clamped down on crypto-currencies. The move confirmed earlier reports of ...and more »

Bitcoin crashes as Beijing orders cryptocurrency exchange shutdown - RT;

Bitcoin crashes as Beijing orders cryptocurrency exchange shutdown - RT

RTBitcoin crashes as Beijing orders cryptocurrency exchange shutdownRTThe price of bitcoin plunged on Thursday after Chinese authorities crack down on cryptocurrencies, with the country's biggest exchange announcing the suspension of operations. The virtual currency fell more than 11 percent, trading at $3,544.14 as of ...and more »

JP Morgan Says Bitcoin is Fraud - Nasdaq

JP Morgan Says Bitcoin is FraudNasdaqCryptocurrencies in general, and bitcoin in particular, have been experiencing big gains this year. Bitcoin is up from $250 per unit at the end of 2015 to around $4,200. However, Jamie Dimon, the CEO of JP Morgan just went on the record at a major ...and more »