Topic: Bitcoin > Banks! WINNING! Banks caught scamming! (Read 3548 times)
thats true .many bussines plan think about it
''Banks caught scamming!''
This sound like a paradox to me. They run a legit scam anyway.
This sound like a paradox to me. They run a legit scam anyway.
Gold would be best currency
On the internet gold is only a color. 
Gold would be best currency
There is no doubt at all in my mind that banks are also manipulating BTC to their benefit - Creating panic and large scale pump and dumps to scare people away from Bitcoin. They are afraid that if mass adoption of Bitcoin takes place, they will lose their business. I am sure there is a cartel of banks somewhere trying to stop the adoption of Bitcoin, and they seem to be succeeding too. They dont really need to invest too much to cause a dump unfortunately! 
Banks is of the most biggest scamming system in modern history
Only traditional economic system / bitcoin can prevent this
Only traditional economic system / bitcoin can prevent this
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Henry Ford
No truer word said by any man.
the invisible chains are hard to see. yet everyone wants more ... lol
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
http://www.latimes.com/business/la-fi-bank-fine-foreign-exchange-jpmorgan-citibank-20141112-story.html
Well if it's true, it's really nothing new. Banks will got to any means to make a buck it seems like lately, and the government bails them out should their foolish investments get them into any trouble.
i guess their profit was $ 500 billion
$4.3 billion is a joke for these banks. its all a joke. a sad one.
$4.3 billion is a joke for these banks. its all a joke. a sad one.
they don't give a S!$% about 1 billion. to these guys 1 billion is like uppps... wow, couch change
just exchanging different credits from several people farms. and they are just havin' a ball. doing lines and driving new ferraris. nothing changed folks. 
referee blew a whistle on this one, and took the ball away for a minute. the players are crying already. weee. wheeee. gonna be careful next time im cheatin u. when they say they are reviewing procedures, they are just too suprised they got called for. they will make sure its not happening again, and make sure the regulator stash is big enough so the whistle don't work.
anyway if you know about financial compliance business both sides get nicely greased. most of them drink at the same pub regulators and traders all the same. and forex traders will be playing the same game this time 2018, 2020 and so on. there is no change in the system.
... simply just can't wait for them to move into crypto, so we can wash the floor a bit with these old school hags. show them how real trading is done. and serve a side of ass kicking. everyday. cheers spiller
I am sure banks would be able to manipulate prices of bitcoins if they want to .
They might even be able to demotivate people from investing into bitcoin.
I wasn't aware people even questioned it They might even be able to demotivate people from investing into bitcoin.
I am sure banks would be able to manipulate prices of bitcoins if they want to .
They might even be able to demotivate people from investing into bitcoin.
They might even be able to demotivate people from investing into bitcoin.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Henry Ford
No truer word said by any man.
Bit ironic how bitcoiners rage against banks stealing munyz while their buddies, the other bitcoin financiers, pound them without so much as a kiss, a bit of lube, or even bus fare home 
(pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.) 
(pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.) Have the banks paid the price?
You shouldn't be comparing pirate@40 with banks. If at all you need his equivalent in the fiat world, think of Madoff.
All the names listed above ran exchanges/"bank-like entities"/financial services. But just for luls, what percentage of world's total fiat has Madoff absconded with?
Bit ironic how bitcoiners rage against banks stealing munyz while their buddies, the other bitcoin financiers, pound them without so much as a kiss, a bit of lube, or even bus fare home (pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.)
(pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.) Have the banks paid the price?
You shouldn't be comparing pirate@40 with banks. If at all you need his equivalent in the fiat world, think of Madoff.
Even they were caught scamming, they will continue until their financial system broke
Who will caught next ?
Who will caught next ?
Bit ironic how bitcoiners rage against banks stealing munyz while their buddies, the other bitcoin financiers, pound them without so much as a kiss, a bit of lube, or even bus fare home (pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.)
(pirate@40, TradeFortress, Ukyo, Criptocyprus (Danny Brewster/Neo BEE) etc., etc., etc.) lol 'attempted' currency manipulation, they manipulate currencies on a daily basis and are sanctioned by governments to do it.
Fixed it.....Quote
lol 'attempted' currency manipulation, they manipulate currencies on a daily basis and are sanctioned rewarded by governments to do it.
I don't think banks are really able to manipulate interest rates
Banks can easily manipulate interest rates. Most of the borrowings of corporate borrowers are linked to LIBOR - London Inter Bank Offer Rate. LIBOR is also used extensively in the derivative markets.
And guess how LIBOR is calculated? It is calculated by taking a poll from various banks! Isn't that easy to manipulate?
I don't think banks are really able to manipulate interest rates
Banks can easily manipulate interest rates. Most of the borrowings of corporate borrowers are linked to LIBOR - London Inter Bank Offer Rate. LIBOR is also used extensively in the derivative markets.
And guess how LIBOR is calculated? It is calculated by taking a poll from various banks! Isn't that easy to manipulate?
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.
I don't think banks are really able to manipulate interest rates, nor exchange rates (as they were accused of doing). I think this was a case of bankers having a big ego and were bragging about being able to do things they were not really capable of doing, and as a result essentially admitted guilt to a crime they were not committing Jump to: