JP morgan on GAME. 'JPM Coin' | Bitcointalksearch.org

lobo13hf

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Quote from: Caladonian on February 21, 2019, 12:21:48 PM

Quote from: starblocks on February 20, 2019, 09:57:12 PM

Facebook, JP Morgan, and in the not too distant future possibly Amazon will also be bringing cryptocurrencies into their ecosystem which is a big positive for the technology itself and what it can offer users as a new and more efficient way to transact and share value which will help increase awareness and adoption world wide and give the industry a big boost recognition wise

Those big names will help attracting more people to start gaining interest with cryptocurrency, I also read that google add bitcoin symbol from their keypad, not sure if that claimed is legit but will add more exposures from different types of investors, with this moves coming from big businesses
impact will surely be felt around the market.

Let's hope for the best outcome with this current move from JP Morgan.

I don't think so because that was a private coin which means the only party can use the coin is the jpmorgan's client or its partner. The bitcoin symbol on the google keyboard didn't give a lot of impact to the bitcoin. We need a lot of good news from the institutional.

matthewio

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JP Morgan coin is not really a nice addition to cryptocurrency in my opinion, It is heavily centralized, censored and will only serve the needs of a few i.e J P Morgan and his clients. On the other hand, ETF is something that will eventually get approved, the problem is that no one can say when exactly,hopefully this year.

go4crypto

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It is not surprise that JPM wants a piece of the blockchain and cryptocurrency market. Bank of America is holding a large number of blockchain related patents. Big players are slowly entering this space.

taktik

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Quote from: TravelMug on February 21, 2019, 12:49:29 PM

Quote from: wilberthh on February 21, 2019, 09:16:37 AM

This jpmorgan guy is really a clever guy. Called bitcoin a scam coin and then launch his own cryptocurrency?
what a splendid move. Cryptocurrencies used to be fun when it were decentralized Sad

Oh please get your facts straight, its could be defined as cryptocurrencies because it's just a token to be used around their playground so to speak.

So don't call him clever or what, they're just taking advantage of this blockchain technology and wanted to exploit it for their bank used only. JP Morgan will still be hostile to bitcoin and will likely create a FUD if needed again.

Actually, I often see information when users of cryptocurrencies praise gambling on the basis of a block chain. Perhaps this technology brings some results for gambling, but I am skeptical about this kind of resolution. In addition, I would like to say that not one project of gambling games in which I participated did not show good results lately.

TravelMug

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Quote from: wilberthh on February 21, 2019, 09:16:37 AM

This jpmorgan guy is really a clever guy. Called bitcoin a scam coin and then launch his own cryptocurrency?
what a splendid move. Cryptocurrencies used to be fun when it were decentralized Sad

Oh please get your facts straight, its could be defined as cryptocurrencies because it's just a token to be used around their playground so to speak.

So don't call him clever or what, they're just taking advantage of this blockchain technology and wanted to exploit it for their bank used only. JP Morgan will still be hostile to bitcoin and will likely create a FUD if needed again.

Caladonian

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Quote from: starblocks on February 20, 2019, 09:57:12 PM

Facebook, JP Morgan, and in the not too distant future possibly Amazon will also be bringing cryptocurrencies into their ecosystem which is a big positive for the technology itself and what it can offer users as a new and more efficient way to transact and share value which will help increase awareness and adoption world wide and give the industry a big boost recognition wise

Those big names will help attracting more people to start gaining interest with cryptocurrency, I also read that google add bitcoin symbol from their keypad, not sure if that claimed is legit but will add more exposures from different types of investors, with this moves coming from big businesses
impact will surely be felt around the market.

Let's hope for the best outcome with this current move from JP Morgan.

YinShuiSiYuan

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Quote from: wilberthh on February 21, 2019, 09:16:37 AM

This jpmorgan guy is really a clever guy. Called bitcoin a scam coin and then launch his own cryptocurrency?
what a splendid move. Cryptocurrencies used to be fun when it were decentralized Sad

It seems a little ridiculous. JP Morgan first fights cryptocurrencies and now creates its own. Remembering that JP Morgan had a significant share in triggering the recent economic crisis should be carefully watching what they are really planning.

wilberthh

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This jpmorgan guy is really a clever guy. Called bitcoin a scam coin and then launch his own cryptocurrency?
what a splendid move. Cryptocurrencies used to be fun when it were decentralized Sad

binhvo1505

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I think this is a great thing. JP Morgan Chase is a bank and financial management is quite good, but the purpose of their participation in this market is different from the thinking of everyone.
Financial businesses like the crypto market because they can launder money and can manipulate their benchmark index. they have repeatedly manipulated the standard index from 2007 to 2010 to reduce tax rates but they have been discovered and must pay a fine of up to $ 65 million.
but now they have a new stop, it will be safer for this. Grin

icalical

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They may be launched a cryptocurrency but I believe it is a centralize cryptocurrency, and as far as I know, the crypto community is not really welcome with a decentralize coins. And don't forget about all those bad things they said about bitcoin and cryptocurrency back in 2017. I don't think who is their target market, but I believe the crypto community will not support them in any kind.

Entei

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Quote from: roycilik on February 17, 2019, 05:18:11 PM

Quote from: abahcoin on February 17, 2019, 07:19:51 AM

They say bitcoin scam to lower the price of bitcoin and after the price of bitcoin goes down, they make a lot of investments in bitcoin. That is a sneaky tactic from big companies.

Do you have proof as you said they have a lot investing on bitcoin? or that's just your own speculation
don't make an opinion that refers to a certainty if you don't have any proof

I think he is referring to when Bitcoin reached $3,500 in September 2017 and one of JPM's heads said that Bitcoin was fraud or something, so the price went up, but days later companies linked to that bank placed huge orders following the speech of this important person. Anyway this project will have this negative memory, because the understanding is that he criticized Bitcoin to be able to open space to his project.

starblocks

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Facebook, JP Morgan, and in the not too distant future possibly Amazon will also be bringing cryptocurrencies into their ecosystem which is a big positive for the technology itself and what it can offer users as a new and more efficient way to transact and share value which will help increase awareness and adoption world wide and give the industry a big boost recognition wise

CoinFilms

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Quote from: Locotoni on February 14, 2019, 10:06:49 AM

JP morgan is coming.
what is next? ETF?

https://www.c[Suspicious link removed]m/2019/02/13/jp-morgan-is-rolling-out-the-first-us-bank-backed-cryptocurrency-to-transform-payments--.html
https://www.cryptoglobe.com/latest/2019/02/u-s-banking-giant-jpmorgan-chase-launches-its-own-cryptocurrency/

Video -
https://www.c[Suspicious link removed]m/video/2019/02/14/jp-morgan-crypto-currency-bank-blockchain.html

screenshots :

https://www.theblockcrypto.com/2019/02/18/wall-street-analysts-throw-cold-water-on-jpmorgans-cryptocurrency/

bitgolden

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Ha ha, is this not the same guy calling bitcoin a scam on three occasion, in short when he called it a scam in 2017, the price dumped and they used that opportunity to buy at the deep in order to make lots of profit.

This is just warning to bitcoin and crypto haters out there, you will soon become the next JP Morgan's coming into this great community. There is popular saying: if you can't beat them, you join them, LOL.

roycilik

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Quote from: abahcoin on February 17, 2019, 07:19:51 AM

They say bitcoin scam to lower the price of bitcoin and after the price of bitcoin goes down, they make a lot of investments in bitcoin. That is a sneaky tactic from big companies.

Do you have proof as you said they have a lot investing on bitcoin? or that's just your own speculation
don't make an opinion that refers to a certainty if you don't have any proof

ðºÞæ

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Quote from: Prosperityforall on February 17, 2019, 04:44:11 PM

The next thing is that other banks will follow JP morgan example and create own coins. I think as a result ripple should disappear because everyone would realise non sense utility of ripple

Not just Banks every large corporation like GMO, a Japanese IT giant Facebook, Apple....
XRP always was just a money grab, if anyone thinks banks will rely on some shady company to do things, is just a fool.

Prosperityforall

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The next thing is that other banks will follow JP morgan example and create own coins. I think as a result ripple should disappear because everyone would realise non sense utility of ripple

Cnut237

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IMO the JPM thing is just a joke. It's not real crypto, it's just an internal coin that is trying to make use of a trendy buzzword. Why do they even need blockchain for something like this? It just sounds like they are trying for a bit of publicity.

CoinEraser

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It was only a matter of time until a company like JPMorgan jumped on the crypto train and created their own coin. This news is not very surprising to me. But since it is only a centralized coin, I don't find it really interesting and will probably never use it anyway. The only thing good about this news is, it shows once again that crypto continues to spread and I like that. Grin

abahcoin

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Quote from: puremage111 on February 14, 2019, 10:51:05 AM

lmao
Calling bitcoin a scam
and launching their coins

Bank lul, never trust banks Grin

i mean they are dodgy af

They say bitcoin scam to lower the price of bitcoin and after the price of bitcoin goes down, they make a lot of investments in bitcoin. That is a sneaky tactic from big companies.

Topic: JP morgan on GAME. 'JPM Coin' (Read 451 times)