Bitcoin Is Dead

October 13, 2017
Bitcoin Price: $5640.13

JAMIE DIMON SAYS IF YOU'RE STUPID ENOUGH TO BUY BITCOIN, YOU'LL PAY THE PRICE ONE DAY

I could care less about bitcoin….I don’t personally understand the value of something that has no actual value. You all can do whatever you want and I don’t care…..If you’re stupid enough to buy it, you’ll pay the price for it one day. I’ve also told people that it can trade at $100,000 before it trades to zero. The only value of bitcoin is what the other guy’ll pay for it. Who cares about bitcoin? The world economy’s so big, JPMorgan alone, $6 trillion, we move all this money, and bitcoin in total, all these currencies, $50 billion dollars, maybe a billion dollars trades a day.

CEO, JP Morgan Chase


Source: CNBC