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Author Topic: JP MORGAN ENDORSES ETHEREUM!! YOUR THOUGHTS  (Read 130 times)
xbossJ (OP)
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November 01, 2018, 01:00:08 PM
 #1

Does anyone remember what happened just after the BULL RUN of 2017, after the Chinese crack down on crypto and ICOs! Yeah; the CEO of JP MORGAN CHASE Jamie "Fucken" Demon called $Bitcoin a major scam and bubble! One would have thought that $Bitcoin (all crypto) was a death sentence then! for anyone HODLING! I did X-Ray jamie after that and my thoughts were that he was angry at missing out on the major $Bitcoin boom and wanted it down so he could stash his bank funds in there and get a piece of the pie! well $Bitcoin did disappoint him and never came down! I think at the current price of ETHEREUM a wise investor who sees the future with crypto can dump alot of funds in ETH and wait for the major crypto adoption yet to come! I think its exactly what Jamie Demon and his firm have done. So promoting/Endorsing ETHEREUM means so much coming from someone who calls $Bitcoin a Bubble. Or what do you guys think?? Your thoughts please!!

https://www.google.com.ng/url?url=https://dailyhodl.com/2018/10/31/jp-morgan-we-are-big-believers-in-ethereum/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwjBjb3nn7PeAhWZgM4BHYlqCbMQqQIIEygAMAA&usg=AOvVaw3RJ3BWiCPul7o5hsWfwnQM

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November 01, 2018, 01:06:02 PM
 #2

JP is not a guru in the crypto arena. People here are tired of them playing with the stock exchange and now they see to be trying to use crypto to their advantage. They only take, never give back.
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November 01, 2018, 01:21:06 PM
 #3

Does anyone remember what happened just after the BULL RUN of 2017, after the Chinese crack down on crypto and ICOs! Yeah; the CEO of JP MORGAN CHASE Jamie "Fucken" Demon called $Bitcoin a major scam and bubble! One would have thought that $Bitcoin (all crypto) was a death sentence then! for anyone HODLING! I did X-Ray jamie after that and my thoughts were that he was angry at missing out on the major $Bitcoin boom and wanted it down so he could stash his bank funds in there and get a piece of the pie! well $Bitcoin did disappoint him and never came down! I think at the current price of ETHEREUM a wise investor who sees the future with crypto can dump alot of funds in ETH and wait for the major crypto adoption yet to come! I think its exactly what Jamie Demon and his firm have done. So promoting/Endorsing ETHEREUM means so much coming from someone who calls $Bitcoin a Bubble. Or what do you guys think?? Your thoughts please!!

https://www.google.com.ng/url?url=https://dailyhodl.com/2018/10/31/jp-morgan-we-are-big-believers-in-ethereum/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwjBjb3nn7PeAhWZgM4BHYlqCbMQqQIIEygAMAA&usg=AOvVaw3RJ3BWiCPul7o5hsWfwnQM

More than just to hype a coin. But I guess it would still help a lot for crypto space because that big company will be the one who will help people understand more on crypto.
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November 01, 2018, 01:24:41 PM
 #4

Good for JP morgan or whoever that is nowadays anyways  Cheesy We have heard it all when they talk about cryptocurrencies, Yesterday all they were talking about was bitcoin but now all they wanna talk about is something else, Well I'd say that they should make up their own minds and let us do the same Cheesy Endorsing a decentralized cryptocurrency is more like a joke because cryptocurrencies are not like something that one could benefit by endorsing it, Everyone is benefiting equally depending on how many coins they have.
ETH is out there for years now, What made them to endorse it now and not before?
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November 01, 2018, 01:26:57 PM
 #5

Morgan Stanley is a big and household name in the finance sector. An endorsement of the crypto-currencies by them by all means is boost a d crypto players should therefore expect done positive sentiments in the market. I am glad about the endorsement
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November 01, 2018, 01:31:26 PM
 #6

Good for JP morgan or whoever that is nowadays anyways  Cheesy We have heard it all when they talk about cryptocurrencies, Yesterday all they were talking about was bitcoin but now all they wanna talk about is something else, Well I'd say that they should make up their own minds and let us do the same Cheesy Endorsing a decentralized cryptocurrency is more like a joke because cryptocurrencies are not like something that one could benefit by endorsing it, Everyone is benefiting equally depending on how many coins they have.
ETH is out there for years now, What made them to endorse it now and not before?
I guess JP morgan needs a lot of consideration before try to take it seriously, it's a big company and any bad action can give a lot of impact to the stability of the company. I thought this company is only interesting with ethereum protocol and no more. Some companies have used it just like create the blockchain explorer through ethereum platform.

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November 01, 2018, 02:11:00 PM
 #7

Does anyone remember what happened just after the BULL RUN of 2017, after the Chinese crack down on crypto and ICOs! Yeah; the CEO of JP MORGAN CHASE Jamie "Fucken" Demon called $Bitcoin a major scam and bubble! One would have thought that $Bitcoin (all crypto) was a death sentence then! for anyone HODLING! I did X-Ray jamie after that and my thoughts were that he was angry at missing out on the major $Bitcoin boom and wanted it down so he could stash his bank funds in there and get a piece of the pie! well $Bitcoin did disappoint him and never came down! I think at the current price of ETHEREUM a wise investor who sees the future with crypto can dump alot of funds in ETH and wait for the major crypto adoption yet to come! I think its exactly what Jamie Demon and his firm have done. So promoting/Endorsing ETHEREUM means so much coming from someone who calls $Bitcoin a Bubble. Or what do you guys think?? Your thoughts please!!

https://www.google.com.ng/url?url=https://dailyhodl.com/2018/10/31/jp-morgan-we-are-big-believers-in-ethereum/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwjBjb3nn7PeAhWZgM4BHYlqCbMQqQIIEygAMAA&usg=AOvVaw3RJ3BWiCPul7o5hsWfwnQM
JP Morgan adopted Ethereum for their flagship product "Quorum"? I agree with your opinion that JP Morgan endorses Ethereum if this news is true, this looks like a black campaign against Bitcoin, but I think it won't have a big impact because the Bitcoin community often faces black campaigns from bankers


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November 01, 2018, 02:21:17 PM
 #8

Maybe he just bought a ton of ethereum. I think there's a good chance it will rise sooner or later.

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November 01, 2018, 02:27:16 PM
 #9

Maybe he just bought a ton of ethereum. I think there's a good chance it will rise sooner or later.
Normal thing to be done by these kind of people where they release such news and shilling out a certain coin but the truth they are already bag-holding it and now making some hypes to make the price increase when investors or people tend to FOMO because of it and then suddenly dumped down when they do already saw some convincing profits on their end. Classic movement so it isn't really an interesting thing at all.

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November 01, 2018, 03:38:05 PM
 #10

For me every serious person or community member of this crypto world knows the worth of eth and everyone is extremely bullish about it both as a project and also in terms of growth of its value over the long run, personally i want to see eth growing quickly back to atleast 800 to 1000 mark by year end.

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November 01, 2018, 03:39:56 PM
 #11

it seems that ethereum loses their token holders, thus causing the value to continue to decline and many are doing a sell order rather than those who want to buy ethereum
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