JP Morgan Coin only created to dump XRP price?

Febo

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Quote from: Japinat on March 22, 2019, 01:09:12 AM

Quote from: Febo on March 21, 2019, 10:57:40 PM

Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

How can be worth to put money in something worthless that will cost nothing?

Vit83

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IMHO JP Morgan don't need XRP at all. If they will create a real coin with their real user base, this can make XRP useless. They don't need to own XRP to make a short trade in margin section)

zhekinsp

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Quote from: pamsugas on March 26, 2019, 06:43:42 AM

Quote from: moonblocks on March 26, 2019, 06:14:35 AM

This sounds more like a conspiracy theory rather than anything based on fact because JPM coin is using a private blockchain designed for a similar purpose to Ripple's but aimed at a different market, and there's no real competition between it and the XRP currency so it's unlikely this was the reason

yes i agree with you ..
jpmcoin was created using the own blockchain so there is no competition between jpmcoin and XRP. I think jpmcoin will be easy to develop and can be equivalent to XRP

So when we have both coin with the same capabilities it will result us to be in loss with one coin right so that conspiracy theory looks acceptable as well.

pamsugas

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Quote from: moonblocks on March 26, 2019, 06:14:35 AM

This sounds more like a conspiracy theory rather than anything based on fact because JPM coin is using a private blockchain designed for a similar purpose to Ripple's but aimed at a different market, and there's no real competition between it and the XRP currency so it's unlikely this was the reason

yes i agree with you ..
jpmcoin was created using the own blockchain so there is no competition between jpmcoin and XRP. I think jpmcoin will be easy to develop and can be equivalent to XRP

vixcious

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Quote from: Silber on February 25, 2019, 03:11:59 PM

consider the following:

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

I think this strategy will not affect the price of XRP too much. All such FUDs have happened too much and the investors have experienced this.
XRP has been around for a long time in the crypto market and JPM is just a new altcoin. It needs a big community before it wants to fight XRP.

moonblocks

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This sounds more like a conspiracy theory rather than anything based on fact because JPM coin is using a private blockchain designed for a similar purpose to Ripple's but aimed at a different market, and there's no real competition between it and the XRP currency so it's unlikely this was the reason

jameshugo17

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The name JP Morgan goes through a lot of manipulation. I'm being careful. Xrp has made a lot of deals recently. I think it will come at higher prices.

Fedrey

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Quote from: Reid on March 24, 2019, 11:49:04 AM

Yes those who are in the higher ranking always spreads the FUD's.
I guess they just want ROI since they are also paying people to spread them in social media or paying the local news to make it happen.

Those are both centralized coins so I dont care much. But if they are still hitting bitcoin with bad news it would be best to fight them with whatever battle they want. Grin

I think that first of all it is not necessary to pay attention to all these fakes, which are spread by unscrupulous people. Each of us has a special personal opinion in relation to these two projects, and if we make a certain analysis, then the conclusions will indeed be positive.

Reid

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Yes those who are in the higher ranking always spreads the FUD's.
I guess they just want ROI since they are also paying people to spread them in social media or paying the local news to make it happen.

Those are both centralized coins so I dont care much. But if they are still hitting bitcoin with bad news it would be best to fight them with whatever battle they want. Grin

slaman29

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Quote from: eaLiTy on March 24, 2019, 06:36:45 AM

Quote from: Silber on February 25, 2019, 03:11:59 PM

consider the following:
JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...
thoughts?
Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

Big corporates like JP Morgan will not play games like that, they have their international businesses around the world and they find that a crypto platform will make their job easier, i do not see any value in XRP and they are created for the corporate structure. There will be competition between them as both are centralized platforms. Tongue

Exactly man. And come on, as shitty a coin as Ripple is, how can an even shittier coin like JPM Coin, who will be managed by people who have no clue about blockchain or crypto, kill it?

Even with all the experts they want to recruit, no respectable dev will join JPM. They'll get a second class coin, that's all.

Plus, XRP and JPM are both on the same side of the fence. They'll cooperate, not compete.

mrdeposit

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Quote from: Japinat on March 22, 2019, 01:09:12 AM

Quote from: Febo on March 21, 2019, 10:57:40 PM

Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

I guess coin should be very different from XRP. So, it is not true that the price of XRP will be dumped because of JP. In addition, the strongest in this market can always survive. Already, if XRP does not have the power to compete, it will replace with others.

eaLiTy

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Quote from: Silber on February 25, 2019, 03:11:59 PM

consider the following:
JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...
thoughts?
Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

Big corporates like JP Morgan will not play games like that, they have their international businesses around the world and they find that a crypto platform will make their job easier, i do not see any value in XRP and they are created for the corporate structure. There will be competition between them as both are centralized platforms. Tongue

MemberBerries

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Quote from: Febo on March 21, 2019, 10:57:40 PM

Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

Wow sir...all people who had it for free already sold it 2017-2018 ded sorry sir

ShowOff

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Quote from: Japinat on March 22, 2019, 01:09:12 AM

Quote from: Febo on March 21, 2019, 10:57:40 PM

Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

Actually each coin have their own plus and minus. And their community will support it even people keep said not like that coin. For me or maybe us as traders, be neutral is good, because if we can take that moment as our advantage, will be better.

Japinat

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Quote from: Febo on March 21, 2019, 10:57:40 PM

Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

Lakai01

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XRP shouldnt fear JPM coin but should fear XLM. IBM is using it alrrady for any internal transaction and made 6 banks sign an agreement that they would use XLM, too this week. IBM produces the hard and software any bigger bank is running on ...

Febo

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Quote from: Silber on February 25, 2019, 03:11:59 PM

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

Enzo05

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Ever since then I don't trust JP Morgan for me it's just their way of marketing strategy so they can make easy money out of it. Ripple has always a potential as more and more people invest in it and use it.

matchi2011

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Quote from: okan on March 20, 2019, 04:17:25 AM

already xrp is a pump dump coin.. small news can effect xrp bigly. that coin can dump xrp but after 1 or 2 day, a new make pump it again.

Whales knows how to play well, whatever it is if this two coins shared same venue of target market, it can affect ripple as JP can
take over as they have a big name about this business, businesses will care about the people behind before they go ahead and
support a projects.

dearbesz1219

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I do not think that such big company as JP Morgan is has to do something to harm competitors.
They do not care about competitors, even they do not care about their clients, they care only about their profit and JPM Coin is another way how to increase the profit. Grin

Topic: JP Morgan Coin only created to dump XRP price? (Read 500 times)