JP Morgan completely changes its stance on bitcoin

Golftech

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Quote from: Kasabus on April 25, 2019, 09:06:37 AM

Quote from: blockchainwriters on April 25, 2019, 08:45:03 AM

Jp Morgan Stable coin is most anticipated crypto coin will bring billions of dollars to the cryptocurrency market. Companies like JpMorgan and Samsung and Bank of America all these companies are planning to start their own stable coin

If they will launch it we will see it, this would help the crypto to recover and grow if they will be traded in different exchanges.
I believe it's a stable coin but if it's paired with major coins like BTC, ETH, and BNB, that would bring demand to the aforementioned coins.

It will create a big impact as a big company such JP already use the system, many will follow from this lead and for sure news around the globe
will be eyeing to crypto currency we have to wait till they fully launch and used it from their transactions, business will be much easier especially
from borders to borders of the world.

Kasabus

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Quote from: blockchainwriters on April 25, 2019, 08:45:03 AM

Jp Morgan Stable coin is most anticipated crypto coin will bring billions of dollars to the cryptocurrency market. Companies like JpMorgan and Samsung and Bank of America all these companies are planning to start their own stable coin

If they will launch it we will see it, this would help the crypto to recover and grow if they will be traded in different exchanges.
I believe it's a stable coin but if it's paired with major coins like BTC, ETH, and BNB, that would bring demand to the aforementioned coins.

BCNews

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Hello guys, let me share with you one of my recient articles published on my website related to JP Morgan Coin.
I was reading the beginner section before make this post and I didn't find that I can not share an external link here.
If someone knows that it is not allowed, please let me know and I remove the external link.

https://blockchainnews.home.blog/2019/04/24/jpmorgan-creates-a-new-cryptocurrency/

Thanks.

blockchainwriters

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Jp Morgan Stable coin is most anticipated crypto coin will bring billions of dollars to the cryptocurrency market. Companies like JpMorgan and Samsung and Bank of America all these companies are planning to start their own stable coin

Mpamaegbu

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Once a man, twice a child!

Quote from: Pab on April 22, 2019, 08:25:05 AM

JP Morgan wants to kick off Ripple now from market and provide blockchain solution for commercial banks. JP will win that game because it is JP but it will be his own private JP Morgan blockchain. Money will move faster between banks but it will be fiat money not any cryptcurrencies. Forgot that JP will be support crypto .Cryptocurrencies are hard to control
JP can buy in secret some bitcoin to make some money from upcoming halving but never will support crypto for long term

This is exactly my thought too on JP Morgan setting up its own crypto - to give XRP a good run. It's about time some crypto did that because I see Ripple as a big flop. How can a crypto have all that good news and reviews but still can't make it pass the $0.50 price range. It's unacceptable. However, investors should be very careful buying into the Morgan coin, bearing in mind the severe manipulations they're capable of.

fuathan

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Aleph.im

Buy low and sell high. It is their motto too. Wink

We cannot trust one of the evilest corporation in the world, right?

naturerock

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I dont trust a single word that comes from anyone at JP morgan, those fraudsters have one goal and it is to steal money from the general public.

Leonardo7

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I thought I saw a news flash that JP Morgan might be using XRP for an international cash settlement. Anyway, they have learnt their lessons that you can't destroy or just shut down bitcoin when the community want it to survive and conquer. I hope they are not confused too.

Pab

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JP Morgan wants to kick off Ripple now from market and provide blockchain solution for commercial banks. JP will win that game because it is JP but it will be his own private JP Morgan blockchain. Money will move faster between banks but it will be fiat money not any cryptcurrencies. Forgot that JP will be support crypto .Cryptocurrencies are hard to control
JP can buy in secret some bitcoin to make some money from upcoming halving but never will support crypto for long term

Harris Stevens

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Jp morgan just want to exploit the bitcoin and take advantage of newbies who want to participate in cryptocurrency.

Pamadar

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Quote from: Alpinat on April 19, 2019, 10:38:58 AM

Yup, Jp morgan is one of bitcoin bashers but now he had his own coin called JPM coin. We should be alert what happen to those bashers of bitcoin they are now buying some of it and using it. Meaning they are just wrong by themselves to bash bitcoin.

They've created a versions of their own and after those wordings against this chain now they are riding and do create new coin following their name, good indication that what they've said before was already gone with the wind and they are embracing this new system.

ChrisPop

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Not your Keys, Not your Bitcoins

Unfortunately we see more and more of this kind of manipulation these days. Especially institutional investors who posess enough influence to shift people's minds are searching for ways to create panic between investors and hodlers so they can accumulate this precious asset.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: mk4 on March 22, 2019, 06:13:07 AM

I don't get it? Where's the "Bullish on Crypto" part on the article's title? Because I really can't see it. It's just a clickbait title if anything.

Also, your topic title states: "Re: JP Morgan completely changes its stance on bitcoin". But they didn't though?

Yups nothing prove about the title and the body of the story,and the bullish wasnt even come this time so this thread is misleading and no concrete evidence on what he was trying to say.dont wanna spend sometime to believe this kind of nothing lol

Alpinat

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Yup, Jp morgan is one of bitcoin bashers but now he had his own coin called JPM coin. We should be alert what happen to those bashers of bitcoin they are now buying some of it and using it. Meaning they are just wrong by themselves to bash bitcoin.

bitart

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Vires in Numeris

Quote from: maxreish on April 18, 2019, 09:23:55 AM

JP Morgan seems to be convinced that cryptocurrency will be a good investments. That is why it was easy to change his mind and create his own coin. He has a positive outlook throughout of his studies about crypto. Therefore, he has a critical expressions about bitcoin before, here he is now. Already a part of this kind of technology promoting his own crypto coin and supporting bitcoin.

I would just modify the word 'cryptocurrency' to 'blockchain technology' and the sentence will be more appropriate...
They think about using the blockchain technology to support their digital fiat system (banking backend) and because they already developing something in connection with the blockchain technology, they have to somehow 'sell' it to the customers (and the shareholders). The customers (and / or the shareholders) won't care about the backend development, because they are not interested. But if they say that they start to create a brand new and shiny own stablecoin based on the blockchain technology, customers and / or shareholders will be happy to buy this development idea, customers will trust the bank even more, and shareholders will wote for the development, because of this shiny marketing stuff....
And they don't really care about bitcoin, unfortunately...

PlusOne88

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“Tackling Climate Change Using Blockchain”

It always happen to people that are too proud of themselves and their intelligence. The result is that they eat what they spit. But anyway it is good for the community since this would give a boost at people's minds to keep believing in cryptocurrency and on what it could potentially do in the future. If China could see the possibility of cryptocurrency for establishing better opportunities especially in the field of business, it is for certain that they will be one of the biggest users of cryptocurrency in the future. They are known to be good traders even during the ancient times.

maxreish

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JP Morgan seems to be convinced that cryptocurrency will be a good investments. That is why it was easy to change his mind and create his own coin. He has a positive outlook throughout of his studies about crypto. Therefore, he has a critical expressions about bitcoin before, here he is now. Already a part of this kind of technology promoting his own crypto coin and supporting bitcoin.

figmentofmyass

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Quote from: simongoat on March 22, 2019, 04:43:54 AM

Its funny how after releasing their own JPM coin JP Morgan have done a complete u-turn and are now endorsing cryptos (providing you still use a normal bank sevice of course).

i wouldn't put it that way at all. back in 2017, JPM analysts were saying that bitcoin might become a traditional store-of-value asset like gold: https://www.telegraph.co.uk/business/2017/12/04/bitcoin-could-new-gold-says-jp-morgan/

like stablecoins, their coin is probably aimed at sucking in collateral they can rehypothecate or profit from via trading commissions. i'd say their approach is further confirmation that they think crypto markets will continue to grow.

Beerwizzard

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Quote from: Malsetid on March 24, 2019, 02:17:33 AM

Quote from: Huskarls on March 23, 2019, 11:32:12 AM

Quote from: alisafidel58 on March 22, 2019, 07:01:33 AM

JP Morgan still sits by there stand against Bitcoin but not with the technology behind it, well I guess they putting the technology so that their reach can spread from the different part of the world.

Actually this kind is ironic enough to see JP Morgan's attitude towards Bitcoin, they opposed crypto but instead made their own version of coin. Even some people call their coins useless. Well for me i think they are just said the fact.

We can't yet tell whether their coin will be useless or not at this point since it usually takes time for any coin to really show it's value. But i agree with alosafidel58. These people know that blockchain will be the future so they adopt the technology that runs bitcoin. These people know how the money industry works and damn if they don't get themselves into blockchain.

I'm sure that it is gonna be some stablecoin that will allow people to send fast one-way international transactions and those coins would be backed by the bank. In this case banks would be able to awoid all those swift bullshit.
So if you want to speculate on their coin and get some profit then it will be useless for you.

kingpin4321

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JP Morgan is a business man and the number one priority of a businessman is to promote his business that why I do not pay apt attentions to most of there postulation because more often than not its just to promote or shill their project

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