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Author Topic: Bitcoin > Banks! WINNING! Banks caught scamming!  (Read 3548 times)
Trance (OP)
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November 15, 2014, 11:31:17 AM
 #1

Shame on you; Bank Of America, CitiBank, Wells Fargo, JP Morgan Chase etc.


http://www.latimes.com/business/la-fi-bank-fine-foreign-exchange-jpmorgan-citibank-20141112-story.html

Some people are so poor ALL they have is money
LiteCoinGuy
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November 15, 2014, 11:58:03 AM
Last edit: November 15, 2014, 12:19:11 PM by LiteCoinGuy
 #2

i guess their profit was $ 500 billion

$4.3 billion is a joke for these banks. its all a joke. a sad one.

Trance (OP)
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November 15, 2014, 12:24:59 PM
 #3

i guess their profit was $ 500 billion

$4.3 billion is a joke for these banks. its all a joke. a sad one.

I know, it just shows it was orchestrated and they want to make the banks look like they actually were punished significantly.

I don't understand humanity sometimes, If everyone woke up overnight and realized this 'system' (call it what you want, NWO ETC) is rigged, and not for the benefit of the human species and its future!

Some people are so poor ALL they have is money
H.W.Z
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November 15, 2014, 02:45:43 PM
 #4

i guess their profit was $ 500 billion

$4.3 billion is a joke for these banks. its all a joke. a sad one.

I know, it just shows it was orchestrated and they want to make the banks look like they actually were punished significantly.

I don't understand humanity sometimes, If everyone woke up overnight and realized this 'system' (call it what you want, NWO ETC) is rigged, and not for the benefit of the human species and its future!
Because it is human nature, which is greedy and lazy. We always try to want more without any effort.

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November 15, 2014, 07:40:04 PM
 #5

i guess their profit was $ 500 billion

$4.3 billion is a joke for these banks. its all a joke. a sad one.
Got a source for that number?

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BitcoinHeroes
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November 15, 2014, 09:04:15 PM
 #6

They were not actually scamming, they were allegedly manipulating a $40 trillion per day currency market that is extremely liquid.   

Many economists that are not associated with these banks have questioned as to how realistic it is that these banks were able to actually move the markets due to the massive amounts of money that are traded on a daily basis.
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November 15, 2014, 09:18:47 PM
 #7

The Banks are just scared of making a bit less money thats all. Undecided
Swordsoffreedom
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November 15, 2014, 09:59:12 PM
 #8

Shame on you; Bank Of America, CitiBank, Wells Fargo, JP Morgan Chase etc.


http://www.latimes.com/business/la-fi-bank-fine-foreign-exchange-jpmorgan-citibank-20141112-story.html

Was just like banks caught scamming looks at the list
Yep those are the usual suspects
It's kind of irritating that people still use them but I guess they don't have too many choices since they are all colluding together in one form or another. Can see why they want to manipulate currency though evil group.


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xcapator
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December 20, 2014, 10:58:46 PM
 #9

The Banks are just scared of making a bit less money thats all. Undecided

The banks are getting towards negative percentage now, they charge you for the priviledge of keeping your money in their vault

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December 23, 2014, 08:40:48 AM
 #10

The Banks are just scared of making a bit less money thats all. Undecided

That's what every business is scared of and it's the quintessential flaw in capitalism.

After all it's only winner and losers...

youngmike
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December 23, 2014, 08:43:55 AM
 #11

This news is going to make people abandon banks and start using bitcoin and even care  Smiley Even grandmas  Smiley Revolution is coming  Smiley
RonPaulBTC
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December 23, 2014, 04:47:33 PM
 #12

All these chat logs are cringeworthy. They talk like 16 year olds on aim.
AltcoinInvestor
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December 23, 2014, 05:57:23 PM
 #13

I wasn't amused that much when I play with bots that on the altcoin exchanges Grin
It's quite ironic that these banks are accusing bitcoin is a scam Grin
botany
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December 24, 2014, 04:25:24 AM
 #14

Shame on you; Bank Of America, CitiBank, Wells Fargo, JP Morgan Chase etc.


http://www.latimes.com/business/la-fi-bank-fine-foreign-exchange-jpmorgan-citibank-20141112-story.html

These banks would be happy to pay the fines.
As long as the litigation was going on and there was uncertainty about the outcome, they were scared.
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December 24, 2014, 04:35:44 AM
 #15

They were not actually scamming, they were allegedly manipulating a $40 trillion per day currency market that is extremely liquid.   

Many economists that are not associated with these banks have questioned as to how realistic it is that these banks were able to actually move the markets due to the massive amounts of money that are traded on a daily basis.

They were scamming, got caught, and the government wanted their cut. Government can say that they did their job, and the banks get to keep most of their illegal gains. It saves face and wraps up the criminal enterprise in a nice neat package. That is how modern day Global Corpo-Government Fascism works.

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December 24, 2014, 05:57:58 AM
 #16

It's no use, they just print some money to pay the fine, and the average consumer get fined in the end

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December 24, 2014, 06:13:08 AM
 #17

Governments manipulate exchange rates, banks manipulate interbank rates. This has been going on for decades. Governments are levying fines now because their treasuries are empty. Soon they will collude again.

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December 24, 2014, 09:43:59 AM
 #18

lol 'attempted' currency manipulation, they manipulate currencies on a daily basis and are sanctioned by governments to do it.
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December 24, 2014, 10:25:28 AM
 #19

banks are scammer since they born, not surprise here
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December 24, 2014, 03:26:57 PM
 #20

banks are the biggest thief's!

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