Even China and JP Morgan CEO could not destroy Bitcoin. Bitcoin dropped more than 25% after the news that China would ban all the Bitcoin trading activity in its country. Chinese investors and speculators fled. JP Morgan CEO came out and call it a fraud. Bitcoin looked so vulnerable. It’s…
Category: Bitcoin
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Goldman Sachs May Give Bitcoin a Shot
Goldman Sachs is weighing a new trading operation for bitcoin and other cryptocurrencies. How ironic when JP Morgan’s CEO publicly criticized bitcoin and said it was something for people like North Korea would own. Goldman Sachs came out and said that they were going to think about trading this thing….
Bitcoin: Not for the Faint of Heart
After JP Morgan’s CEO called it the currency for the murderers and the people who live in North Korea, and China banned the trading of the cryptocurrency, bitcoin was down more than 30% last week. Today, it is up about 10% so far. Is it the end of the downturn…
JP Morgan CEO Says Bitcoin Will Die Horribly
JP Morgan CEO predicted that the cryptocurrency would not end well. He went on and said, “The cryptocurrency was only fit for drug dealers, murderers, and people living in places like North Korea.” Nonetheless, a Norwegian man bought $27 of bitcoin in 2009. He forgot about it and recently, he…
1 Bitcoin Is Currently Worth More Than $4,500 U.S. Dollars
In the beginning of 2017, it was worth $966. What did we miss?