"Why or why not?"
why not ... ? - Definitely within the realm of possibility. 😊
That's how JPM works. Frontrunning their clients then pump and dump - The classic pump n dump 101. 😂
Don’t feel like it would hurt, I’d buy if I was them - If I were them, I'd buy it too just to be safe. 😬
i have no doubt JPM & likes have been accumulating bitcoins.. bitcoin / crypto is now a asset class one cannot ignore. coming time will be very exciting. - I agree.
Noooooooo - You'd best believe it! 😋
Because they do the reverse of what they say! - Deception at its finest. 😈
So they can position themselves to sell it their financial products - Possible. 🤔
I suspect that they have been buying since the middle of last year. If not before then. - Plot twist: JPM created BTC. 😂
all the big banks have! they have been trashing it as they buy it. they have also been buying exchanges so they can resell it. when they (investment banks) begin to sell crypto the fuse is lit and we r going to the moon and then some!!!!! - See u there 😉
They would buy it to package it in deals with clients. - It'll be easy to create these products when they have a stash of the underlying asset. Def opens up a lot of possibilities and doors to make more monehhh. 🤔
They have done the same with silver and are trying with cryptos. - People have short attention spans and poor memories though. 🙄
J.P. Morgan has not been around this long not knowing, what is happening in the market and when to use it to their advantage. They are a major player, knowledge is POWER, and they have both. - True.
There clever enough - They def know what's up.
ALL CROOKS - Support decentralization! 👍
"Like bees to the honey are bankers after money" (I just thought of that rhyme !) Of course JPMorgan is not just going to sit there sucking his thumbs while there are billions on table and all this excitement going on ! - They want in on that action too! 🤑
JP Morgan is to large and influential on financial circles to make large buys without creating a stampede. Which would not be beneficial for JP Morgan and an inappropriate buy signal for the market overall. However, their interest comes with analysis and research their MO. It is not by chance. - Well they def wouldn't be executed market buys. They could also be buying them OTC so as to not move markets.
It's a Big name. Frankly we all know whales control the crypts market. They buy loads of volumes and prices goes up and when They dump, we gullible investors cry. Jp margin I believe also is a crypto whale. I don't know weather they brought btc at bear market, they provably brought a lot of btc now so to inflate it's price. Not that i say that's the only reason btc is up but part of the reason. FOMO stuff causes ripples... And it's always a reason why people rush to buy btc without thinking and sell in panic. I experienced it myself so I can imagine for other amateur and naive investors the FOMO stuff kicking in. - Yeah, we are all but the small shrimp tryna catch the waves. That's why I believe it's best to just stick and commit to a long term strategy! 👌🏻
Of course they have. As well as many other players. Anyone with money to buy should have been. Once prices stay above their personal high, they will show full support and make a lot of money in doing so. - Shill the bags lmao. 🙃
Not just JPM but all those noisy BTC detractors from the world of Finance over the last couple of years have been filling their boots and then some - I believe so too.
Their previous negative sentiments towards crypto was a way to keep the price low in order to buy as many bitcoin for as little as they possibly can - Very possible indeed.
Their public comments were made to drive down the value of Bitcoin so they could by it a discount and wait for the inevitable rise as Bitcoin continues to attract more interest as a desirable asset - Like a bait and switch. 😜
They would have been idiots not to. consider the price difference from January to this morning alone. - True!
Professional investors always say the opposite! - They never follow and adopt the herd mentality. 🤓
Because that’s what snakes in the grass do - Ssss 🐍
Even a Blind Man can see if he is willing too listen - Hahaha good one! 😂
From some true sources - Insider! 👀
It's headed to 50K - No doubt! 📈