J.P. Morgan 2017 - 2019

[fudster]

I wasn't really aware about him regretting saying bitcoin is a scam. If he said that last year he must have dumped his coin at the ATH and have gained. The only person who shall willingly say regretting what he said are the person who gained a lot. I wouldn't be surprise if this JPMcoin is the scam just as how tether once did.

[masterzino]

But a centralized altcoin isn't sort of synonymous with bitcoin though? and also, Jamie Dimon said in a past interview that blockchain is "good", but bitcoin is a scam. Not trying to actually defend him(because screw him); I'm just stating facts.

Also, not 100% sure, but I think the JPM coin is made solely for bank<->bank transactions anyway, not for mass usage (correct me if I'm wrong).

Exactly! JP Morgan coins doesn't have any common points with Bitcoin but this doesn't stop people making memes and hype about it. I'm pretty sure that Jamie Dimon will say again in a month or two that Bitcoin is fraud.

[Crypto24hrs]

in my own opinion J.P. Morgan statement should serve as an eye opener to us, thousands of people out who are calling Bitcoin all sorts of names, some are doing so out of ignorance while others out of selfish reasons just to discourage you, hold on to your bitcoin and never you be discouraged by people's negative thoughts.

[BUK2016]

At time life seem confusing, so, let keep calm for those who fight Bitcoin to come back and help the same course we stand. JP Morgan has done the needful by joining the spread of the Blockchain technology even though he's intentions towards Bitcoin backed then was not healthy.

[Daper]

All those idiots who are laughing at seemingly flipflop of JPM, obviously have no fkn clue or understanding about the significant difference between blockchain technology vs cryptocurrency. What JPM is doing is using the technology to better facilitate financial transaction movement in a way that help cut costs and provide transaction transparency - both for the advantage of their clients. Their coin has absolutely nothing to do with the boat loads of shitty scam coins that turds like you have fallen for and have ended up losing bucket loads of money for, dreaming about getting instantly rich overnight. You dumbfucks instead of laughing over JPM maybe try to educate yourself first to understand blockchain technology and its applications in real world. There's lot more to it than the snake oil type shitty coins now rolling in dust     

[Wong Kalong]

If you can now open your eyes well, it means that JP Morgan is able to understand bitcoin even though he hated it. The wheel continues to spin, one day people who hate bitcoin will become good people with bitcoin and try to find other things that can shift bitcoin. We can only see what it will do, and still, hold on to bitcoin.

[niceboy999]

haha i remember he was said Bitcoin is fraud etc blah blah..............Now what he thought Crypto giving more profit why not create their own coin.slowly all haters of Bitcoin will accept that Bitcoin is the one to change this world.

[Peashooter]

Look at this picture ! 

What do you think about this picture ?

What is the reason for J.P. Morgan changed his mind ?

It seems he regret what he say about bitcoin and I think now he already see the great potential of cryptocurrencies that's why he want to make his own cryptocurrencies. I do not know what is the full detail about this issue but this day it become serious topic where I also see that JP morgan will create his own cryptocurrencies.

[jvdp]

haha i remember he was said Bitcoin is fraud etc blah blah..............Now what he thought Crypto giving more profit why not create their own coin.slowly all haters of Bitcoin will accept that Bitcoin is the one to change this world.

It is just a start up in crypto community, Because majority of the countries are slowly realise the crypto technology and this will make good profit for any investor is the right combination. Entire world will accepting soon but we should wait how it will change this world.

[BitcoinGirl.Club]

Obviously people are buying JP's BS.

"Bloomberg Hilariously Reports JP Morgan’s Fake Cryptocurrency is Boosting Bitcoin’s Price"
Is this even real?

JPMorgan Just Killed the Bitcoin Dream.

JPMorgan’s Alternative to Bitcoin.

I wonder about their general knowledge LOL

https://www.ccn.com/jp-morgans-fake-cryptocurrency-is-boosting-bitcoin-price

The above demonstrate that people are too ignorant about the cryptocurrency industry. Frauds like JP is trying to take advantages of it. It's easy to scam ignorants.

[mrdeposit]

haha i remember he was said Bitcoin is fraud etc blah blah..............Now what he thought Crypto giving more profit why not create their own coin.slowly all haters of Bitcoin will accept that Bitcoin is the one to change this world.

What he did is not related to cryptocurrency. It is just a stablecoin which will be used for bank's own transactions. It can be counted as a transition to digital money, but I do not think it is very similar to the coins that are on the crypto market today.

[DooMAD]

Chances are, Dimon was trash-talking Bitcoin in 2017 precisely because he knew JPM were working on their bankstercoin crap.  What he failed to realise is that he should be trash-talking Ripple, since that bankstercoin crap is his actual competition.  Bitcoin is on an entirely different playing field, blissfully unaware of their existence.  

[stortz]

Actually I don't think JPM Coin is crypto, more like a certificate, for example, when  you go to casino, you need to exchange fiat for the chips, eventually change back to fiat. JPM Coin is most similar to that, only designed for the institutions and make the payment convenient and instant, at the end, you can also change to USD. But when it happened, it means blochchain and crypto are more and more closer between us. We can see the bright future.

this describes it perfectly
just like it describes XRP and other private blockchains

[betty11]

The banker has seen the direction of the economy, they have sense the imminent coming financial crisis on possibly the US dollars, and a future shift from the fiat based economy. As notorious as bankers are, he would have to see ahead and be better position to avoid losing customers to rival companies. He is just a business man that want to leverage on new opportunities. Does he really mean well for the general public? Bankers definitely are not your friends but only permanent interest.

[PuertoLibre]

Look at this picture ! 

What do you think about this picture ?

What is the reason for J.P. Morgan changed his mind ?

It seems he regret what he say about bitcoin and I think now he already see the great potential of cryptocurrencies that's why he want to make his own cryptocurrencies. I do not know what is the full detail about this issue but this day it become serious topic where I also see that JP morgan will create his own cryptocurrencies.

He wants to use the advantages of blockchain technology and i am sure he intentially manipulated market with idea of creating their own coin. These greedy bankers always play with rules and they know how to trick the society. You can't teach old dog new tricks

[TelolettOm]

He is indeed full of controversies regarding the statement about bitcoin. he used to have bad bitcoin. but lately he made coins for his company on a blockchain basis. indeed everything can happen to cryptocurrency

[Vangardo]

Everyone wants to get their profit. Even in this way. Around one lie. Everyone is thinking only about how to become richer. Even spitting on his reputation.

[TobiasVR]

Look at this picture ! 

What do you think about this picture ?

What is the reason for J.P. Morgan changed his mind ?

JPMorgan intelligent man, The room seeks to keep up with the changing era, with evolving technology. In fact, we should not laugh at this situation. Because now the wallstreet is even slowly shifting to crypto. This guy's a money player.
The money is almost
The old wolf is there.

jp morgan has previously conducted prior to crypto analysis, but this is different from a few years ago and now Wall Street began to shift to the crypto natural thing and it became a bright spot crypto and jp morgan was in it.

[letecia012]

This only shows that blockchain technology are getting recognize in banking industry and this has a positive impact to cryptocurrency as a whole expect that more and more companies would accept cryptocurrency as mode of payment and once the demand is high the price may grow also.

[thankyoulord]

J.P. Morgan has finally seen accepted the fact that bitcoin is the future of finance and it has so much to offer to the world using the blockchain technology and thus had to have a change of mind. Bitcoin has come to stay and change so many things and soon enough those who were against it will have a change of mind and adopt the use of bitcoin