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Topic: JPMorgan Launches JPM Coin, World’s First Bank to Launch Cryptocurrency (Read 488 times)

copper member
Activity: 112
Merit: 0
SIGMA
this is very good news I think there will be more people listening and maybe there will be many people who are interested, if that happens then bitcoin will have a higher value than now.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
~

i don't think the coin is even released to public for "investment" though. it is more like them using it internally and only taking advantage of the hype to improve their business and profitability.
additionally because of things they have done in the past towards the whole cryptocurrency market and specifically bitcoin, even if they released it for investment i don't think it can be successful because as you can see the feedback is already very negative towards this coin!

Indeed, it's not going to be released for the public and it will only be used for internal settlements.

But the ignorance around here is reaching alarming levels, one project is launched and people flock with "investing, investors, investment", like a zombie army. Lately, cryptos have started en masse to lose their main purpose, and users see them just as a way to gain more fiat from them.

As I was saying...

jp morgan coins has high hype.it will be expensive coin in cryptocurrency market due to their reputation in finance industry.and be the pioneer and the only coin that created by giant finance company.

LE
Actually, the posts above look more like bot activity than simple human ignorance.

Maybe not so fast JPMorgan will create this coin..

I don't know what kind of patent have Dr Craig S Wright, but this story is taking on more colours  Cheesy Cheesy

The poor idiot has spent too much time in cryptoland and has lost contact with how the real world works.
He really thinks he can speak and threaten JPM like he was doing with his former buddies.

member
Activity: 636
Merit: 11
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
instead they are ambitious to be followed by the world, by trying to appear in front, so it is expected that many consider them gods in this business, so they can also drive investors' psychology. I think it must stay away from that nature

i don't think the coin is even released to public for "investment" though. it is more like them using it internally and only taking advantage of the hype to improve their business and profitability.
additionally because of things they have done in the past towards the whole cryptocurrency market and specifically bitcoin, even if they released it for investment i don't think it can be successful because as you can see the feedback is already very negative towards this coin!

JP Morgan have a power in any market and this coin must be launch in market, perhaps in nasdaq or crypto exchanger. JP Morgan is big influencer in finance industry and if JP Morgan launch their own coin, it will followed by others institution and closing to regulation
jp morgan coins has high hype.it will be expensive coin in cryptocurrency market due to their reputation in finance industry.and be the pioneer and the only coin that created by giant finance company.
member
Activity: 812
Merit: 11
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
instead they are ambitious to be followed by the world, by trying to appear in front, so it is expected that many consider them gods in this business, so they can also drive investors' psychology. I think it must stay away from that nature

i don't think the coin is even released to public for "investment" though. it is more like them using it internally and only taking advantage of the hype to improve their business and profitability.
additionally because of things they have done in the past towards the whole cryptocurrency market and specifically bitcoin, even if they released it for investment i don't think it can be successful because as you can see the feedback is already very negative towards this coin!

JP Morgan have a power in any market and this coin must be launch in market, perhaps in nasdaq or crypto exchanger. JP Morgan is big influencer in finance industry and if JP Morgan launch their own coin, it will followed by others institution and closing to regulation
full member
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
instead they are ambitious to be followed by the world, by trying to appear in front, so it is expected that many consider them gods in this business, so they can also drive investors' psychology. I think it must stay away from that nature

i don't think the coin is even released to public for "investment" though. it is more like them using it internally and only taking advantage of the hype to improve their business and profitability.
additionally because of things they have done in the past towards the whole cryptocurrency market and specifically bitcoin, even if they released it for investment i don't think it can be successful because as you can see the feedback is already very negative towards this coin!

It was indeed a bad start, it turned out that many also lacked response with JPM coins, such as when Morgan also pouted bitcoin so it seemed that it would be a big struggle for Morgan. Moreover, the current crypto condition, many things must be done to be smooth and successful.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
instead they are ambitious to be followed by the world, by trying to appear in front, so it is expected that many consider them gods in this business, so they can also drive investors' psychology. I think it must stay away from that nature

i don't think the coin is even released to public for "investment" though. it is more like them using it internally and only taking advantage of the hype to improve their business and profitability.
additionally because of things they have done in the past towards the whole cryptocurrency market and specifically bitcoin, even if they released it for investment i don't think it can be successful because as you can see the feedback is already very negative towards this coin!
member
Activity: 840
Merit: 10
For JPMorgan to come to the lime light of cryptocurrency make it clear to me that, there is much potentials on the Blockchain which is unspoken about. JPMorgan was know by his dooms and criticism against cryptocurrency particularly Bitcoin as a fraud which amounted Bitcoin to drop drastically. JPM Coin will be a better ideal but not sure will attract many investors because of the centralize platform the ideology is based. Just my own opinion.
The potential of blockchain is known to each and everyone so it is not a big surprise that they will be planning to create something for their own benefit, the problem is that they want to restrict the financial freedom of the people and so is the reason they are against the decentralized bitcoin which will reduce their role in the financial market if it is widely adopted and now they are coming up with a centralized coin which is crazy, lets see how things will go with their new venture.

JP Morgan have made a lot of false and hard to forget statement about Bitcoin in the past and it because they lack the required understanding about Bitcoin and what most of them believed then was the false statement made by some government official. They create their own coin because they now understand block chain mind you their coin is a stable coin so they don't make the false previous statement to promote their coin or restrict the financial freedom giving to people through crypto currency.

JP Morgan must be make a measurable statement about bitcoin last year with clear objective. JP Morgan just want create FUD in market and they want buying bitcoin at cheap price. I am believe they already collect bitcoin in large amount
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
For JPMorgan to come to the lime light of cryptocurrency make it clear to me that, there is much potentials on the Blockchain which is unspoken about. JPMorgan was know by his dooms and criticism against cryptocurrency particularly Bitcoin as a fraud which amounted Bitcoin to drop drastically. JPM Coin will be a better ideal but not sure will attract many investors because of the centralize platform the ideology is based. Just my own opinion.
The potential of blockchain is known to each and everyone so it is not a big surprise that they will be planning to create something for their own benefit, the problem is that they want to restrict the financial freedom of the people and so is the reason they are against the decentralized bitcoin which will reduce their role in the financial market if it is widely adopted and now they are coming up with a centralized coin which is crazy, lets see how things will go with their new venture.

JP Morgan have made a lot of false and hard to forget statement about Bitcoin in the past and it because they lack the required understanding about Bitcoin and what most of them believed then was the false statement made by some government official. They create their own coin because they now understand block chain mind you their coin is a stable coin so they don't make the false previous statement to promote their coin or restrict the financial freedom giving to people through crypto currency.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
For JPMorgan to come to the lime light of cryptocurrency make it clear to me that, there is much potentials on the Blockchain which is unspoken about. JPMorgan was know by his dooms and criticism against cryptocurrency particularly Bitcoin as a fraud which amounted Bitcoin to drop drastically. JPM Coin will be a better ideal but not sure will attract many investors because of the centralize platform the ideology is based. Just my own opinion.
The potential of blockchain is known to each and everyone so it is not a big surprise that they will be planning to create something for their own benefit, the problem is that they want to restrict the financial freedom of the people and so is the reason they are against the decentralized bitcoin which will reduce their role in the financial market if it is widely adopted and now they are coming up with a centralized coin which is crazy, lets see how things will go with their new venture.
copper member
Activity: 68
Merit: 0
I don't think it will have any impact on Bitcoin because JPM will issue stable coins which are not very popular with many people.
but this is a good start, we believe that crypto will be accepted by everyone.
legendary
Activity: 1988
Merit: 1768
World’s First Cryptocurrency By Bank

Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts – since, in last few years, the name of JPMorgan’s Jamie Dimon appears on headline while criticizing the largest cryptocurrency, bitcoin. In fact, CEO Jamie Dimon called Bitcoin as a ‘fraud’. However, few Engineers at Bank have rolled a new coin on Bank’s name which intends to transfer the minimum payment in initial.

Read Here - https://coingape.com/jpmorgan-launches-jpm-coin-first-bank-launch-cryptocurrency/

I don't think this is good news for Ripple, apparently they're getting new competition now. Since I am not a fan of Ripple, I will not become a fan of this new bank coin either. It is simply a centralized project again and I hope there will be no hype about this project. I don't see this JPMorgan Coin as an enrichment of the crypto area and I don't need such projects.  Wink
member
Activity: 770
Merit: 12
Trphy.io



I don't know why anyone would think it is a Bitcoin Killer in the first place. It's a Ripple Killer for sure. But if anything it will legitimize cryptocurrency in the average skeptical person's mind which will help Bitcoin adoption in the long term.
right, we know this coin has a similarity to ripple, where ripple currently occupies the top coin in the coinmarketcap. therefore with a semi-decentralized system such as ripple it poses a threat to it
legendary
Activity: 2002
Merit: 1016



I don't know why anyone would think it is a Bitcoin Killer in the first place. It's a Ripple Killer for sure. But if anything it will legitimize cryptocurrency in the average skeptical person's mind which will help Bitcoin adoption in the long term.

JPM Coin is definitely not a threat to Bitcoin. I have doubts whether it is a threat to Ripple. From what I understand, they want to use this coin internally, so probably even speculators will be afraid to trade it.  Cheesy
hero member
Activity: 2226
Merit: 848



I don't know why anyone would think it is a Bitcoin Killer in the first place. It's a Ripple Killer for sure. But if anything it will legitimize cryptocurrency in the average skeptical person's mind which will help Bitcoin adoption in the long term.
sr. member
Activity: 1316
Merit: 379
Catalog Websites
Now you know why it is a bad choice to give up on cryptocurrency. This is just the beginning. there will be more surprises coming from "crypto haters" either adopting an existing coin or launching their own as JP Morgan has shown.
full member
Activity: 532
Merit: 101
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
instead they are ambitious to be followed by the world, by trying to appear in front, so it is expected that many consider them gods in this business, so they can also drive investors' psychology. I think it must stay away from that nature
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
World’s First Cryptocurrency By Bank

Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts – since, in last few years, the name of JPMorgan’s Jamie Dimon appears on headline while criticizing the largest cryptocurrency, bitcoin. In fact, CEO Jamie Dimon called Bitcoin as a ‘fraud’. However, few Engineers at Bank have rolled a new coin on Bank’s name which intends to transfer the minimum payment in initial.

Read Here - https://coingape.com/jpmorgan-launches-jpm-coin-first-bank-launch-cryptocurrency

Who cares about this and why the hell you post in this section? We have to stop running after the bankers, we have to stop running behind opinion of these analysts of hedge fund analysts. in the eyes of the news channels related to bitcoin they are gods and everything they do must be very important to the crypto world. We need that news channels move away from these bankers and hedge fund analysts.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
Announced on Feb 14, 2019, JPM Coin’s headline surprised many crypto enthusiasts –

there is nothing surprising about that. it was obvious from day one that they started attacking bitcoin that they will eventually start something like this. why do you think they were attacking bitcoin in first place? they were simply afraid of losing their position and have been desperately trying to keep up with the world.
member
Activity: 602
Merit: 10
No matter what Jamie Dimon stated in the past, he knows the power of blockchain which can lead JPMorgan to perform the transaction in real time, unlike the traditional transfers that take up to 24 hours. I personally think this is a huge step in order to expand the blockchain adoption.
JPM Coin is in the testing phase, let’s wait and see how it goes in the future.

Indeed, like or not, JP Morgan is reputable institution and have big influence in finance industry. If JP Morgan decide to create their own cryptocurrency, they must be see big opportunity in this market and it will be profitable in the future. This is huge step for crypto market
member
Activity: 574
Merit: 12
oh yes, I saw this on CNN today and i was super excited. This is surely a great and a welcomed idea. It will definitely give lots of people and investors comfort in investing in cryptocurrency and i strongly believe other good things will follow too and in no distant time we will see a masssive adoption and usage of cryptocurrency all across the globe
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