Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,723 members, 7,816,974 topics. Date: Friday, 03 May 2024 at 09:51 PM

JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud (502 Views)

JP Morgan Projects N850/$ By December / Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan / Hybitrage Is A Ponzy Scheme, Stay Away From It! (2) (3) (4)

(1) (Reply) (Go Down)

JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by Biodun556(m): 8:22pm On Apr 20

Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by socialmediaman: 8:23pm On Apr 20
Probably buying while criticizing at the same time

2 Likes

Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by helinues: 8:24pm On Apr 20
Dumb tactics to crash the price while they stock same Bitcoin in bulk

Bitcoin halving is almost. The yeye capitalists that want everything for themselves Only

JP Morgan, Warrent Buffett and co who have been calling Bitcoin ponzi have millions if not billions worth of the same Bitcoin

1 Like

Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by erniok(m): 8:40pm On Apr 20
helinues:
Dumb tactics to crash the price while they stock same Bitcoin in bulk

Bitcoin halving is almost. The yeye capitalists that want everything for themselves Only

JP Morgan, Warrent Buffett and co who have been calling Bitcoin ponzi have millions if not billions worth of the same Bitcoin
Shows you are ignorant of the financial world. So you think JP Morgan's board will approve them to deal in bitcoin when they have gold and so many financial instruments to trade in?

6 Likes

Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by DeLaRue: 9:00pm On Apr 20
Babanla ponzi scheme.

You can't buy anything with it. Government don't use it. It derives its price from nothing. Not goods. Not services.

If you gather worthless stones from the street, and you can convince some people that they stand to be rich if they buy the stones with real money and you use hype to tell the rest of the population that they 'll miss out from great fortune if they don't buy and trade the stone.

That's exactly what Bitcoin is.

It is vapour ware.

9 Likes 2 Shares

Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by AmuOtu: 9:23pm On Apr 20
helinues:
Dumb tactics to crash the price while they stock same Bitcoin in bulk

Bitcoin halving is almost. The yeye capitalists that want everything for themselves Only

JP Morgan, Warrent Buffett and co who have been calling Bitcoin ponzi have millions if not billions worth of the same Bitcoin
I have something useful for you. Do you want to work?
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by helinues: 9:29pm On Apr 20
erniok:

Shows you are ignorant of the financial world. So you think JP Morgan's board will approve them to deal in bitcoin when they have gold and so many financial instruments to trade in?

What do you know
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by erniok(m): 9:34pm On Apr 20
helinues:


What do you know
More than you know pal.
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by fortunez1(m): 9:48pm On Apr 20
G
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by helinues: 9:50pm On Apr 20
DeLaRue:
Babanla ponzi scheme.

You can't buy anything with it. Government don't use it. It derives its price from nothing. Not goods. Not services.

If you gather worthless stones from the street, and you can convince some people that they stand to be rich if they buy the stones with real money and you use hype to tell the rest of the population that they 'll miss out from great fortune if they don't buy and trade the stone.

That's exactly what Bitcoin is.

It is vapour ware.

How come did Us government approved ETF for Bitcoin?
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by ednut1(m): 12:08am On Apr 21
Although i have bought crypto in the past and made some money . I agree with him. Crypto is not solving any real life problem
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by tanigororo: 7:38am On Apr 21
He is right, it's outside government controll, so they can't control it
Re: JP Morgan: Bitcoin Is A Ponzy Scheme And Fraud by BannedUser: 9:57pm On Apr 21
ednut1:
Although i have bought crypto in the past and made some money . I agree with him. Crypto is not solving any real life problem

This is why Bitcoin will continue to increase in value. It does not even care about what you think about it.

(1) (Reply)

We Can Deliver********** / I Need Help In Haulage Business / Home Service Drycleaner Now Available At Your Door Step

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 16
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.