Topic: JP Morgan Coin only created to dump XRP price? - page 2. (Read 500 times)

not the same? since JPM coin is private

Well i believe JP morgan will be the one who get dumped by XRP. (Although i am not a fan of XRP tho, not a fan of it since the day i know about crypto lul)

Anyhow, i believe most people would rather partner with XRP than partner with JPMorgan IMO. Despite JP Morgan is one of the largest bank in the world with huge credibility.
However they are not the pioneer in the tech, they just see, learn and try to follow. Not innovative enough at least imo. And they doesn't have a fix supply iirc

A lot of manipulations are going on and it is truth that it is very difficult to doubt this information.  Jpmorgan has been in the business of creating FOMO and FUD about bitcoin and any coins they have decided to manipulate.  However,  in forex the biggest manipulations are always the highest and successful traders and investors and I think this applies to what Jp Morgan is currently doing to ripple and in the past to bitcoin.

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.

Lmao

That is delusional. I bet you hope banks will use buttcoin right?

you are missing the important part of the reason why JPcoin is a threat to shitcoins like XRP!
it is a bank created coin and is going to be sold to the banks both as a token and as a technology. and this is something that Ripple has been desperately trying and failing and now there is a big player (a multi million dollar bank) in the game that is going to take that little market they had out of their hands.

sure it will continue being a centralized pump and dump shitcoin and continue being traded on exchanges but this just hastened its demise...

They announce about this coin and they will make a serious development about this.
It would not impact in crypto to be considered this as an investment since it's a stable coin, but certainly it can help the adoption.
XRP is still at good price, until we see it's impact I don't see it will and this coin is exclusive for the bank alone while XRP for different banks who like to adopt.

This is merely a coin with that much value attached to it if you ask me i will tell you that is just meant for experimentation of blockchain once they have the basic number of users and it seems profitable for them they will make it more crypto related but for now is more like a dummy coin

Wow LMAO how much did they pay you for that shit? Or did they stop paying for the ripple bashing and you do it for free because you dont even know in the first place why you talk that shit lmao.

people are missing the point of XRP which is why they come up with these types of theories and also why a lot of people are still comparing the two together which is wrong!

the whole point of XRP is a pump and dump premined altcoin that has been giving millions of dollars profit to the owners who are also making profit by selling their technology to banks.
nothing is threatening anything about this! XRP is still the same pump and dump shitcoin and they still own the 100 billion premine and they are still selling their services to banks and still make millions. where is the threat?

Immediately after the release of the launch of JP Morgan coin, many experts started the discussion of its adverse effect on XRP. Even one executive of Delphi Digital stated that this was a huge slap for XRP and it would make life difficult for XRP and SWIFT. But a recent report depicts that it is not an immediate threat to XRP. Firstly, JP Morgan coin is presently restricted to some internal clients. It is unlikely that other competitive organizations would use JP Morgan coin. On the other hand, the technology of Ripple has been built on superior XRP ledger and this makes it as readily acceptable by any organization. The second factor is the relative speeds of both the technologies. JP Morgan coin is based on  Quorum which is capable to perform around dozens to hundreds of transactions in one second. This is relatively very low as compared to XRP. XRP in terms of scalability is more superior and efficient than Quorum. So, in conclusion, these two projects even though appear to work on the same domain, have different potential and focus. There is no presently overlapping of both JP Morgan coin and Ripple. It might clash in the future but for now, both are independent of each other in term of functionalities. Just my two cents on this. Better get going as I resume my live trading sessions. Best of luck!

It's a stable coin and they can used it on their transaction, transaction is faster with blockchain and that is why they are adopting to crypto.

It's not a she, it's a he. That is not a false statement, it was his opinion and we just don't like it.


Maybe not for us but for banking purposes it's necessary and to their clients it could be useful.
This is how the market progresses, we have a lot of players in the market, thus making the competition more bigger.

Well, even if he does, I don’t mean to be selfish, so many trader will still make money if eventually XRP go on a bearish trend and that is the sweetness of trading.

I understand lots of investor that already has money in it are waiting for bullish trend while potential investors are waiting for the bearish trend but already existing investors can still take advantage of his strategies too if he eventually succeed. This is how an optimistic trader or an investor sees it.

I do not understand why this coin was created. Especially if she was already somehow involved in false statements about bitcoin. I don't think she's worth any attention at all.

XRP team are quite strong and working hard to keep the project moving forward, so it will be quite hard for JPM to affect XRP permanently even though it is possible to see its little effect on it by forcing XRP to go on Bearish market since the author claim that J.P.Morgan has decided to come into XRP market as a whale but it is only a matter of time before XRP picks up. As a trader, I will still take advantage of both situations.

When JP Morgan officially announced he will be create own cryptocurrency that time i thinking after JPM coin entering in the crypto market it's absolutely right JPM coin manipulating other billion dollar marketcap coin like Ripple (XRP), EOS even Ethereum. But i have no idea why he want to buy large number of XRP coin what is the main reason in behind the scene.                 

With JP Morgans anything and everything is possible, I don't think this guys in the first place decided to create their coin because they now see what crypto holds and they don't want to miss out, but they created their coin because they know that the kind of influence they currently have in the world can actually get them to a stage where they can make a lot of profit from it. This are business man, they only care about how they make money.

JPM is only a personal coin not for the public, ownership is limited and will not expand. I think XRP will not stop just because of JPM but will continue to develop well, XRP is better prepared and has a future.

The JPM coin is only useful for the transfer of funds between JPM accounts. It cannot transfer funds between accounts in different institutions. XRP on the other had, may be used to transfer funds between accounts in different institutions.

JPM bought huge amounts of XRP? It's hard to really comment on the real interesting of this group, but I think XRP is ready for any situation, this coin community is extremely strong, you should not underestimate them.