JP Morgan Coin only created to dump XRP price?

[Sanitough]

This is merely a coin with that much value attached to it if you ask me i will tell you that is just meant for experimentation of blockchain once they have the basic number of users and it seems profitable for them they will make it more crypto related but for now is more like a dummy coin

They announce about this coin and they will make a serious development about this.
It would not impact in crypto to be considered this as an investment since it's a stable coin, but certainly it can help the adoption.
XRP is still at good price, until we see it's impact I don't see it will and this coin is exclusive for the bank alone while XRP for different banks who like to adopt.

[BitcoinHodler]

This is merely a coin with that much value attached to it if you ask me i will tell you that is just meant for experimentation of blockchain once they have the basic number of users and it seems profitable for them they will make it more crypto related but for now is more like a dummy coin

They announce about this coin and they will make a serious development about this.
It would not impact in crypto to be considered this as an investment since it's a stable coin, but certainly it can help the adoption.
XRP is still at good price, until we see it's impact I don't see it will and this coin is exclusive for the bank alone while XRP for different banks who like to adopt.

you are missing the important part of the reason why JPcoin is a threat to shitcoins like XRP!
it is a bank created coin and is going to be sold to the banks both as a token and as a technology. and this is something that Ripple has been desperately trying and failing and now there is a big player (a multi million dollar bank) in the game that is going to take that little market they had out of their hands.

sure it will continue being a centralized pump and dump shitcoin and continue being traded on exchanges but this just hastened its demise...

[MemberBerries]

This is merely a coin with that much value attached to it if you ask me i will tell you that is just meant for experimentation of blockchain once they have the basic number of users and it seems profitable for them they will make it more crypto related but for now is more like a dummy coin

They announce about this coin and they will make a serious development about this.
It would not impact in crypto to be considered this as an investment since it's a stable coin, but certainly it can help the adoption.
XRP is still at good price, until we see it's impact I don't see it will and this coin is exclusive for the bank alone while XRP for different banks who like to adopt.

you are missing the important part of the reason why JPcoin is a threat to shitcoins like XRP!
it is a bank created coin and is going to be sold to the banks both as a token and as a technology. and this is something that Ripple has been desperately trying and failing and now there is a big player (a multi million dollar bank) in the game that is going to take that little market they had out of their hands.

sure it will continue being a centralized pump and dump shitcoin and continue being traded on exchanges but this just hastened its demise...

Lmao

That is delusional. I bet you hope banks will use buttcoin right?

[okan]

already xrp is a pump dump coin.. small news can effect xrp bigly. that coin can dump xrp but after 1 or 2 day, a new make pump it again.

[arpon11]

consider the following:

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

A lot of manipulations are going on and it is truth that it is very difficult to doubt this information.  Jpmorgan has been in the business of creating FOMO and FUD about bitcoin and any coins they have decided to manipulate.  However,  in forex the biggest manipulations are always the highest and successful traders and investors and I think this applies to what Jp Morgan is currently doing to ripple and in the past to bitcoin.

[puremage111]

Well i believe JP morgan will be the one who get dumped by XRP. (Although i am not a fan of XRP tho, not a fan of it since the day i know about crypto lul)

Anyhow, i believe most people would rather partner with XRP than partner with JPMorgan IMO. Despite JP Morgan is one of the largest bank in the world with huge credibility.
However they are not the pioneer in the tech, they just see, learn and try to follow. Not innovative enough at least imo. And they doesn't have a fix supply iirc

[consideritdone]

not the same? since JPM coin is private

[dearbesz1219]

I do not think that such big company as JP Morgan is has to do something to harm competitors.
They do not care about competitors, even they do not care about their clients, they care only about their profit and JPM Coin is another way how to increase the profit. 

[matchi2011]

already xrp is a pump dump coin.. small news can effect xrp bigly. that coin can dump xrp but after 1 or 2 day, a new make pump it again.

Whales knows how to play well, whatever it is if this two coins shared same venue of target market, it can affect ripple as JP can
take over as they have a big name about this business, businesses will care about the people behind before they go ahead and
support a projects.

[Enzo05]

Ever since then I don't trust JP Morgan for me it's just their way of marketing strategy so they can make easy money out of it. Ripple has always a potential as more and more people invest in it and use it. 

[Febo]

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

[Lakai01]

XRP shouldnt fear JPM coin but should fear XLM. IBM is using it alrrady for any internal transaction and made 6 banks sign an agreement that they would use XLM, too this week. IBM produces the hard and software any bigger bank is running on ...

[Japinat]

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

[ShowOff]

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

Actually each coin have their own plus and minus. And their community will support it even people keep said not like that coin. For me or maybe us as traders, be neutral is good, because if we can take that moment as our advantage, will be better.

[MemberBerries]

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

Wow sir...all people who had it for free already sold it 2017-2018 ded sorry sir

[eaLiTy]

consider the following:
JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...
thoughts?
Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

Big corporates like JP Morgan will not play games like that, they have their international businesses around the world and they find that a crypto platform will make their job easier, i do not see any value in XRP and they are created for the corporate structure. There will be competition between them as both are centralized platforms.

[mrdeposit]

JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...

thoughts?

No one wants to buy XRP. Everyone that got it for free just want to sell it.

With this speculation from people, I am still not seeing a negative effect on XRP.
Instead, it's stable now and still hold a good ranking in the market, we might not like XRP but it has proven to be worthy to invest in this coin.

I guess coin should be very different from XRP. So, it is not true that the price of XRP will be dumped because of JP. In addition, the strongest in this market can always survive. Already, if XRP does not have the power to compete, it will replace with others.

[slaman29]

consider the following:
JP Morgan want to buy a large amount of XRP. To make more profit JPM first "created" the JPM Coin and spread FUD (JPM Coin = XRP Killer) so that XRP price goes down and JPM can buy XRP for a cheaper price. The JPM Coin only has this purpose...
thoughts?
Tin foil hat posts are allowed in this thread - don't forget JPM spread lies about Bitcoin in the past.

Big corporates like JP Morgan will not play games like that, they have their international businesses around the world and they find that a crypto platform will make their job easier, i do not see any value in XRP and they are created for the corporate structure. There will be competition between them as both are centralized platforms.

Exactly man. And come on, as shitty a coin as Ripple is, how can an even shittier coin like JPM Coin, who will be managed by people who have no clue about blockchain or crypto, kill it?

Even with all the experts they want to recruit, no respectable dev will join JPM. They'll get a second class coin, that's all.

Plus, XRP and JPM are both on the same side of the fence. They'll cooperate, not compete.

[Reid]

Yes those who are in the higher ranking always spreads the FUD's.
I guess they just want ROI since they are also paying people to spread them in social media or paying the local news to make it happen.

Those are both centralized coins so I dont care much. But if they are still hitting bitcoin with bad news it would be best to fight them with whatever battle they want.  

[Fedrey]

Yes those who are in the higher ranking always spreads the FUD's.
I guess they just want ROI since they are also paying people to spread them in social media or paying the local news to make it happen.

Those are both centralized coins so I dont care much. But if they are still hitting bitcoin with bad news it would be best to fight them with whatever battle they want.  

I think that first of all it is not necessary to pay attention to all these fakes, which are spread by unscrupulous people. Each of us has a special personal opinion in relation to these two projects, and if we make a certain analysis, then the conclusions will indeed be positive.