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ARTICLE

"JPMorgan CEO Jamie Dimon Says Bitcoin Is A Fraud That Will Eventually Blow Up"

BTC_AT_TIME $4,148

Published in CNBC on 2017-09-12, "JPMorgan CEO Jamie Dimon Says Bitcoin Is A Fraud That Will Eventually Blow Up" declared Bitcoin dead or fundamentally doomed. The piece characterised Bitcoin as a fraudulent scheme with no underlying value, arguing it would inevitably collapse once new buyers dried up. Bitcoin was trading at $4,148 at the time of publication. Bitcoin was in the midst of an extraordinary bull run, rising from $1,000 to nearly $20,000 by December.


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