12 Sep '17, 6pm

JPMorgan's Dimon says bitcoin 'is a fraud'

NEW YORK (Reuters) - Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N ), said on Tuesday. Speaking at an investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart.” Dimon said that if any JPMorgan traders were trading the crypto-currency, “I would fire them in a second, for two reasons: It is against our rules and they are stupid, and both are dangerous.” Dimon’s comments come as the bitcoin, a virtual currency not backed by any government, has more than quadrupled in value since December to more than $4,100. Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services bypassing banks and the mainstream financial sy...

Full article: http://www.reuters.com/article/us-usa-banks-conference-jp...

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JPMorgan's Dimon says bitcoin 'is a fraud'

reuters.com 12 Sep '17, 7pm

NEW YORK (Reuters) - Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N ), ...

JPMorgan CEO Jamie Dimon says bitcoin is a fraud that will eventually blow up

JPMorgan CEO Jamie Dimon says bitcoin is a frau...

cnbc.com 12 Sep '17, 5pm

JPMorgan Chase CEO Jamie Dimon took a shot at bitcoin , saying the cryptocurrency "is a fraud." "It's worse than tulip bul...

Jamie Dimon: Bitcoin Is a 'Fraud'

coindesk.com 12 Sep '17, 6pm

JPMorgan Chase chief executive Jamie Dimon doubled down on his past criticisms of bitcoin today, declaring it a "fraud" an...

JAMIE DIMON: Bitcoin is a fraud that's 'worse than tulip bulbs'

JAMIE DIMON: Bitcoin is a fraud that's 'worse t...

businessinsider.de 12 Sep '17, 6pm

asdf Markets Insider JPMorgan CEO Jamie Dimon says bitcoin is worse than the most infamous asset bubble in history. The cr...

Jamie Dimon calls bitcoin a 'fraud'

money.cnn.com 12 Sep '17, 8pm

I lived on bitcoin for 24 hours JPMorgan Chase CEO Jamie Dimon did not mince words when asked about the popularity of virt...

Bitcoin slides on 'fraud' warning from JPMorgan...

reuters.com 13 Sep '17, 4pm

LONDON (Reuters) - Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning...

JPMorgan’s Jamie Dimon calls bitcoin ‘a fraud’,...

ft.com 12 Sep '17, 6pm

All the benefits of Standard Digital, plus: Unlimited access to all content Instant Insights column for comment and analys...

Bitcoin Tumbles After Jamie Dimon Calls It A Fraud: "Would Fire Anyone Trading It"

Bitcoin Tumbles After Jamie Dimon Calls It A Fr...

zerohedge.com 12 Sep '17, 6pm

Surprised by the sudden air pocket below bitcoin? Curious if this was caused by some new, unconfirmed Chinese crackdown on...

Jamie Dimon said he would fire any employee tra...

bloomberg.com 12 Sep '17, 6pm

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid...

Bitcoin slides after Jamie Dimon bashes the cryptocurrency

Bitcoin slides after Jamie Dimon bashes the cry...

businessinsider.com 12 Sep '17, 6pm

Bitcoin is trading down Tuesday afternoon after one of the most powerful men on Wall Street said the red-hot cryptocurrenc...

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bloomberg.com 12 Sep '17, 6pm

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid...

Bitcoin is a fraud that will blow up, says JP M...

theguardian.com 13 Sep '17, 8am

Bitcoin is the first, and the biggest, "cryptocurrency" – a decentralised tradable digital asset. Whether it's a bad inves...

Bitcoin is a fraud that will blow up, says JP M...

theguardian.com 13 Sep '17, 8am

Bitcoin is the first, and the biggest, "cryptocurrency" – a decentralised tradable digital asset. Whether it's a bad inves...

'If we had a trader who traded bitcoin, I’d fir...

blogs.wsj.com 12 Sep '17, 8pm

has not changed his mind about bitcoin. Mr. Dimon, the long-time CEO at , continued his well-documented criticism of the d...