Author Topic: Will JP Coin from JP Morgan destroy BTC? (Read 5300 times)

aryaan · « **Reply #15 on:** February 20, 2019, 06:16:13 PM »

i don't think it will be replace bitcoin position bitcoin will be stay on first position JP coin may beat ripple or other centralised coins

Altcoins Talks - Cryptocurrency Forum · « **Reply #15 on:** February 20, 2019, 06:16:13 PM »

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MVT$ · « **Reply #16 on:** February 21, 2019, 10:06:50 AM »

Quote from: Tonymillee on February 19, 2019, 12:06:33 PM

for all i know, his coin is a shit coin. people will invest and sell it back same way other good projects were destroy by people like him. he should have invested in one of the new project rather than launching his own.

He wants his name on a coin. He's not going to let some new project use his name.

masudginanjar · « **Reply #17 on:** February 22, 2019, 01:10:09 AM »

It's impossible to beat Bitcoin, what else is this stable JP Morgan coin. LOL
Try to think about seeing a USDT coin from a stable USD and this is a form from SD, but just can't beat Bitcoin.

It's okay if everyone also creates an altcoin including JP Morgan and it doesn't violate the rules as long as it doesn't end with SCAM.

tsakf · « **Reply #18 on:** February 22, 2019, 01:51:32 AM »

Quote from: aryaan on February 20, 2019, 06:16:13 PM

i don't think it will be replace bitcoin position bitcoin will be stay on first position JP coin may beat ripple or other centralised coins

Yes. centralized coins, might have a problem. Most crypto coins, are decentralized. I see no impact on Bitcoin, or other major coins.

Sudarmono · « **Reply #19 on:** February 25, 2019, 11:06:01 PM »

I don't think it's easy to shift the bitcoin position from the main sequence, because I'm sure it's not that easy to defeat Bitcoin.

RapidRabbit · « **Reply #20 on:** February 27, 2019, 12:25:18 PM »

Nah, this coin will be using only by banks, even someone from JPMorgan said so in one of interviews. It is made to make transactions between units in their system faster.

tsakf · « **Reply #21 on:** February 27, 2019, 12:40:50 PM »

Quote from: RapidRabbit on February 27, 2019, 12:25:18 PM

Nah, this coin will be using only by banks, even someone from JPMorgan said so in one of interviews. It is made to make transactions between units in their system faster.

This is good, because, their transaction fees, will get lower, so they can have lower commissions. I don't hate banks, I just want to have alternative choices.

Altcoins Talks - Cryptocurrency Forum · « **Reply #21 on:** February 27, 2019, 12:40:50 PM »

khufuking · « **Reply #22 on:** February 27, 2019, 12:41:22 PM »

Why would JP coin destroy Bitcoin JP coin is just a form of stable coin same as Tether etc they can't compete with Bitcoin since they 100% centralized and logically they are not a Cryptocurrency they are just a digital currency to ease the use of real $ transfer.

Jayde · « **Reply #23 on:** February 27, 2019, 01:16:13 PM »

JP coin is a stable coin so I think it won’t affect Bitcoin but instead of that, it can help the market to have more fund join in

Sudarmono · « **Reply #24 on:** March 03, 2019, 12:12:16 AM »

I think even though JP Morgan slides its own coin and is good, it won't be able to destroy Bitcoin, because we know the greatness of Bitcoin and public trust in Bitcoin.

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