- if there was 40% of market cap gone this mean that 40% someone had bought...
- it looks like nice control package of the total market. What if it went to unwanted hands?
- Then it mean by our fear we just gave out the control of cryptocurrencies...
- This MEME best way describes that situation
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Here's the REAL reason he specifically called Bitcoin a "Fraud" (NOT just wanting to drop the price and NOT reported elsewhere) a 30-second read:
https://steemit.com/bitcoin/@thoughtchain/why-jamie-dimon-specifically-used-the-word-fraud-to-describe-bitcoin-not-just-to-drop-price-and-not-reported-elsewhere
The original story about China taking down bitcoin exchanges was reported by Caixin Media Co in China.
If you Wiki Caixin Media Group, you'll see Lawrence Summers there under Trustees. He's their "ADVISOR"! Strange place for the ex Goldman Sacs, US Treasury Secretary to be, hey?
Does anyone know that Larry Summers, (former US Treasury Secretary, Goldman Sac, JP Morgan, World Bank, ad infinitum to his dossier), may have a hand in the fake China news, or policy itself?
You might find it interesting that the Chinese media company that solely broke this story, when no others in China did, was Caixin, a state-owned financial news group. But the bigger news is that their Chief Advisor is
none other than the meddlesome, Larry Summers, a Rothschild chess-piece who wrecks sovereign countries entire economies. Putin drained that swamp after Yeltsin sold out to these dogs. Hence, the hate-on that continues for him...
https://www.cryptocoinsnews.com/bitcoin-price-loses-500-
again-amidst-confusion-over-chinese-regulators/
https://en.wikipedia.org/wiki/Caixin
Are you threatening me!?
hahah is that the truth.