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alright Bix we're rhoda rooder with a quick update on our friend Jamie Dimon as suspected Jamie Dimon was rigging this Bitcoin market so he can go in and buy for JPMorgan securities just the other day Jamie Dimon said that it is a fraud it's making stupid people such as my daughter feel like they're geniuses it's going to get somebody killed I'll fire anyone who touches it Jamie Dimon that's what he said the other day and people were saying well that's why bitcoins going down I don't think that was why Bitcoin was don't going down but it's all about manipulation JPMorgan Jamie Dimon manipulating markets yelling bitcoin is a fraud and what did they do they went out and bought Bitcoin in Europe unbelievable I thought the CFTC said that bitcoin was being watched for manipulation apparently not Jamie Dimon huh that's probably why he bought it in Europe see it was found on Bitcoin tracker 1 SEK is an open and exchange-traded note incorporated in Sweden the etn is denominated in SEK and provides investors with access to returns of the underlying asset US dollar per Bitcoin less fees the average US dollar exchange rate of Bitcoin from exchanges BitFenix bitstamp G Dax provides the underlying reference price - which is covered converted into SEK in the last few days if the underlying price collapsed partially because of Jamie Dimon comments the in TN had remained bid with heavy inflows and now trades at about 20% premium to net asset value and you click on who are the biggest buyers right here in the Knorr debt right there number 4 biggest buyer JP Morgan securities Limited well Jamie you lied again what else is new right remember when life masters came out and said Oh JP Morgan never takes a position pro or against any commodity and then a couple months later they were busted for rigging the energy markets we all know they rigged the silver market Jamie Dimon is completely busted in this lie so well you know that Jamie Dimon was a normal trader that's what traders do they lie about their position then they go to the opposite is it appropriate or is it legal for the CEO of the world's largest Bank who has the banking privilege of creating money out of thin air ten to one so there are special rules for banks is it appropriate for him to come out and talk about a quote commodity saying it's a fraud and then when the price crashes to buy it up be the fourth largest buyer in Europe is that not rigging the market is that legal anywhere in the world I don't think it's legal you think it's legal maybe a trader that didn't have that kind of influence and sway over the market but Jamie Dimon himself and everybody was saying Jamie Dimon was the reason the Bitcoin price was falling and what does he do he goes and buys it he's gonna say oh I bought it for my clients accountant that is ridiculous Jamie Dimon belongs in jail and all you crypto people who sold when Jamie Dimon said it was a fraud you better get back in the market real quick cuz this thing's gonna go skyward very soon when this bastard is put in jail will he get put in jail no he works for the federal government that was what he claimed he was doing in the Blanchard lawsuit and gold manipulation basically Blanchard sued JP Morgan and Barrett gold because they were rigging the market and what was the defense pulled up by none other than JP Morgan is that they were an agent of the US government so they could not be sued don't you love that anyway since your update for the day the whole JP Morgan Jamie Dimon hoopla is a ridiculous joke and remember Jamie Dimon said I would fire anybody who ever traded anything related to Bitcoin well now Jamie Dimon has laid bare in and he was the board biggest buyer on the crash in Europe of Bitcoin this is Bix we're more to come I'll talk to you later
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