You are viewing a single comment's thread from:

RE: The World of Cryptocurrency - Jamie Dimon

in #bitcoin7 years ago

He s no dummy rest assured there's plans to sell short via the futures exchange to curb bitcoin prices. Look at Gold and silver future prices -"the current spot price is more than the future price"! ie.. not a lot available and though this is a simplistic view there s more on this subject knowns as Backwardation and Cantango; see James Turk explanation on the subject. They naked short sell all the time consistently , last I read one ounce of gold for every one-hundred people; 100:1. The elite fraudsters are looking to control bitcoin its a thorn in their ass and any attempt to gain control on the subject of money is and always will be priority #1. Jamie Demon is suiting, these guys see themselves as "money gods" in fact it was ex-treasury secretary Timothy Geithner who stated as much.

Sort:  

Agree.....these guys will ensure that cryptos will be like any other fiat currency ... not now but soon .....