BADMOUTHING BITCOIN .....JP Morgan CEO attempts to manipulate market to 'back his horse'
JP Morgan CEO Jamie Dimon claims cryptocurrency is only fit for use by drug dealers, murderers and people living in North Korea. Yet he admits his own daughter purchased bitcoin. Confused? Me too. Could it be that Mr. Dimon is attacking bitcoin to push forward his own interests and bump up the bottom line at JP Morgan? It appears that JP Morgan, who is no stranger to massive fines from the U.S. Government, is using it's influence to try to DESTROY bitcoin. To put it simply, JP Morgan is part of The Enterprise Ethereum Alliance (which includes Microsoft as well). This 'alliance' has a vested interest in promoting the Ethereum Blockchain. If there are any members of the "press" out there that have access to Mr. Dimon, please put on your "investigative journalism hat" and ask him if JP is investing in Ethereum or any companies on the Ethereum blockchain. Inquiring minds want to know. We all know that bitcoin scares you Mr. Dimon (because it will destroy your bank). What scares the hell out of all of us is another confidence man in a $500 tie telling us what is best for us when we know the truth. http://fortune.com/2017/02/28/ethereum-jpmorgan-microsoft-alliance/
He makes himself look like an idiot (or more so). Me? I like these dips which are great for buying. Thanks @mookie1
More and more conspiracy groups believe that the rash of so called banker suicides in recent years began with an incident back in 2012, that involved “The London Whale” Bruno Iksil. Iksil was working for JPMorgan in the London offices at the time. He made a bet in the derivatives market that went south really quicly.
It was first reported that the loss on that trade was $2 billion but “V”, the guerilla economist, later reported that the loss was $100 billion. To cover their loss, executives at JPMorgan Chase stole money from other accounts and even sold their head office in New York City for $720 million (The building is worth $3 billion) to the Chinese. The collateral used for the bad trade was gold that was owed to the Chinese. The Libor scandal and Forex fraud are also part of the reason why so many bankers are being “suicided”.
The bankers that knew too much were simply “eliminated”, so that the theft and fraudulent and criminal activities of JPMorgan Chase executives could not be traced back to them. Hopefully one day, a whistle blower will shed light on all of this. It would be about time that crooked bankers got a taste of their own medicine and answer for their crimes in a court room.