Yeah apparently now we know one of the reasons why the prices of Bitcoin and Litecoins has been going down quite a lot lately... not only because China wants to start banning Cryptocurrencies... but also because this man... the CEO of JP Morgan called Jamie Dimon saying that Bitcoins are a scam, fraud and any JP Morgan employees involved in Cryptocurrencies in anyways will be fired right off the spot... ARE YOU SERIOUS?!!
Its obvious this guy rather does not understand the potential of the adoption of Cryptocurrencies OR... he plans to scare off most of the normal people believing Bitcoins are a scam, sells off all their coins and then he will probably invest millions on bitcoins for himself.
There has to be a reason why the CEO of JP Morgan would come out and make such a statement.
Here is the article link where you can read the whole story in details for yourself:
https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers
What do you guys think about this? Will his fear make you sell off your Cryptos or will you continue to hold? Comment below, would like to get a conversation starting. Thanks for reading and until next time, take care, God Bless and stay cool!
I believe that the value is in the long term. We should not panic, we should keep focused on strenghtening the community and spreading the positive impact of the technology (transparency, inclusion, efficiency, etc.).
Agreed strongly! :)
Here it is: https://steemit.com/cryptocurrency/@cryptotequila/do-not-feed-the-bears
Actually in line with this today I posted an article called "Do not feed the bears". Maybe you would be interested in reading it. We need to focus on keep adding value and proving that value to society instead of worrying about the bears!
Sure! That would be interesting to read, will find it soon in your page! :)
Thank you! Cheers!
HODL
Of course! :3 Btw, why is it spelled HODL and not HOLD?