BITCOIN IS DEAD
Back to Bitcoin Obituaries Timeline

Jamie Dimon Says If You're Stupid Enough To Buy Bitcoin, You'll Pay The Price One Day

CNBC
October 13, 2017
"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."
Jamie Dimon
CEO, JP Morgan Chase
BTC price when published:
$5,640.13
Current BTC price:
$81,429.59
Price change:
+1343.75%
PreviousGary Shilling Calls Bitcoin A Black Box And Says He Doesn't Invest In Things He Doesn't Understand
NextPeter Schiff: Bitcoin Is Not The Money Of The Future