JPMorgan Overcharged fee

[tabas]

JPMorgan sued over fees for cryptocurrency purchases

I'll summary the sequence;
1. Called bitcoin a fraud.
2. Bought at dip
3. Regret calling bitcoin a fraud.
4. Overcharged cryptocurrency purchases.

The lesson here for those who are keep on spreading FUD in the forum about negative news. Try to learn and understand this technique made by Jamie Dimon. (Chairman and CEO of JPMorgan)

[1715682284]

1715682284

[1715682284]

1715682284

[Whibu]

I think in bitcoin there is absolutely no deceit, most people feel harmed and regret when prices fall lower than purchases, and actually we have to be patient to wait for price increases.

[tonylewisverdu]

don't worry blockcharin will be here to stay.. they can do every FUD they can but blockchain will still be here

[Grayy]

I guess creating FUDs are their own way of trying to cheat the fair blockchain system. It's quite pathetic that new investors and even people who bought bitcoin at a reasonably high price fall for their cheap propaganda. Most people have to learn to train their minds. Just buying bitcoin is not enough...Are you able to hold on? Holding on despite FUDs is part of being successful in the bitcoin environment. I hope "scary" posts would be limited here.

[Furious 7]

he just wants to monopolize prices and spread fud.
the goal is clear to get more money. do not be influenced and still believe that the community will refute this and persist with confidence.

[pooya87]

it has always been making more money for these people.
they don't care about what the public thinks of them or their reputation, the only thing they want to achieve is ways of making more money. the FUD that Jaime Dimon spread last year and then they bought in the dip gave them a huge profit in a short time. they also were putting bitcoin on the map by constantly talking about it!!!
and now the fees they charge their customers is just another way of making even more money.

[LastJedi]

This is a major story that has been all over the financial news headlines for the past 48 hours.
They manipulated their customers and committed fraud i charging these fees at an extra ordinary rate.
Just glad something like this did not affect the price at all since it broke.

[ccamila]

lol what do you expect from JPMorgan

[Jating]

JPMorgan sued over fees for cryptocurrency purchases

I'll summary the sequence;
1. Called bitcoin a fraud.
2. Bought at dip
3. Regret calling bitcoin a fraud.
4. Overcharged cryptocurrency purchases.

The lesson here for those who are keep on spreading FUD in the forum about negative news. Try to learn and understand this technique made by Jamie Dimon. (Chairman and CEO of JPMorgan)

Yeah, Dimon And JPMorgan made a killing around September, riding all the Chinese FUD and attacking bitcoin and calling it a fraud. And later we found out that they bought huge amount of it and made a lot of profits. They are all laughing at us that time because weak hands have dumped their coins that's why they are able to buy a lot and then suddenly offload everything.

Another really hard lessons to learn specially for newbies. Don't be affected by FUD, because those who are really spreading false news about bitcoin is actually secretly buying in dips from behind and they are happy if you guys are easily swayed and pushing the sell button because they can get it at cheap price.

[franky1]

and now the fees they charge their customers is just another way of making even more money.

the reason they stopped people buying bitcoin using "credit" and started doing it as a "cash advance" is because of chargeback scammers.
chargeback scammers cannot now easily scam a credit card company with fake 'my card has been used by a theif' fake claims.

it can be done, but the credit card company is then insured for such (hense why there is a fee) which involves the 'customer' needing to provde extra proof their card had been used by an unauthorised person. (whic deters customers from claiming chargebacks)

it has nothing to do with bing hostile to bitcoin. its to deter chargeback scammers from buying bitcoin and then getting thier fiat back costing credit card companies money.

easy work around. dont be a charge back scammer and just use a debit card to buy bitcoin morally
same with those crying about bicoin advertising being halted on social media. this is not about hostile to bitcoin. this is about stopping scammmy exchanges.

if there were no scammers then there wouldnt be efforts to stop scammers. and these preventions would not exist to impact moral bitcoiners.
so blame the scammers in the community for impacting the moral communities exprience of using bitcoin usiing fiat/social media

[tabas]

don't worry blockcharin will be here to stay.. they can do every FUD they can but blockchain will still be here

We all knew it but with these type of people who has clear intention of manipulating is seriously giving doubts to the other investors.

it has always been making more money for these people.

lol what do you expect from JPMorgan

Yeah what can we expect from the banksters, professionals in making money with their and others money.

[richardsNY]

Yeah what can we expect from the banksters, professionals in making money with their and others money.

There is no their money. It's all debt they play around with, which is something that the system here allows them to do. With debt, they expose others to debt, resulting in more debt -- it's debt all the way through. The only thing here is that while crypto still isn't properly regulated, these banks can continue to play this dirty game. It's nothing more than manipulation by abusing their status in the financial world at cost of the less knowledgeable people. Let them try that again when this market is completely regulated when we're a year or two further in time, they'll surely regret it, the bastards they are. People should end this by ditching them. Why stay with a bank that doesn't care about you and doesn't allow you to spend your own money the way you want?

[maaydin]

it is interesting when JP morgan is included in btc the prices fall and then rise immediately, so people don`t jump and spread on FUD`s caused by speculators which harms the market as well as investors.

[tabas]

Yeah what can we expect from the banksters, professionals in making money with their and others money.

There is no their money. It's all debt they play around with, which is something that the system here allows them to do. With debt, they expose others to debt, resulting in more debt -- it's debt all the way through. The only thing here is that while crypto still isn't properly regulated, these banks can continue to play this dirty game. It's nothing more than manipulation by abusing their status in the financial world at cost of the less knowledgeable people. Let them try that again when this market is completely regulated when we're a year or two further in time, they'll surely regret it, the bastards they are. People should end this by ditching them.

Ohh yeah, thanks for correcting. The banks money are the people's money, they are using it to generate profit for themselves. I don't think they have the nerves to try it out again, they got sued for doing so and they don't want to disturb themselves from making more bucks.

Why stay with a bank that doesn't care about you and doesn't allow you to spend your own money the way you want?

They really looked like they care for their clients but there's a big misconception that they only love those big depositors. And they want us to spend more with our own money but with interest.  

[darkangel11]

Yeah what can we expect from the banksters, professionals in making money with their and others money.

There is no their money. It's all debt they play around with, which is something that the system here allows them to do. With debt, they expose others to debt, resulting in more debt -- it's debt all the way through. The only thing here is that while crypto still isn't properly regulated, these banks can continue to play this dirty game. It's nothing more than manipulation by abusing their status in the financial world at cost of the less knowledgeable people. Let them try that again when this market is completely regulated when we're a year or two further in time, they'll surely regret it, the bastards they are. People should end this by ditching them. Why stay with a bank that doesn't care about you and doesn't allow you to spend your own money the way you want?

The system doesn't allow them for anything. They are the system, or at least a part of it. Without the banks there would be no government, at least not in their current state. The banks are loaning money to the government to finance their war machines and idiotic moves (wall on the border with Mexico comes to mind) and the governments are there to bail out banks if they get in trouble. Correction, you, the taxpayer will have to bail out the banks, the government would be bankrupt long ago if not for you, slaves.