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Learning & News => News related to Crypto => Topic started by: Henrikbliss on July 20, 2018, 02:46:53 PM

Title: JPMorgan Bets on Bitcoin, Five Other Cryptocurrencies to Survive Long Term
Post by: Henrikbliss on July 20, 2018, 02:46:53 PM

Multinational banking giants JPMorgan Chase is betting on six cryptocurrencies: Bitcoin, Ethereum, Ripple, Dash, Cardano and Litecoin, to survive in the long term.

The bank made this prediction in a recently published internal finance report.

In the past, various executives including JPMorgan’s CEO Jamie Dimon have slammed cryptocurrencies, calling them a fraud. However, the internal report suggests an entirely different opinion and is a direct contradiction of the publicly-held opinions of the company related to cryptocurrency.

The report laid emphasis on the decentralized nature of cryptocurrencies as the main motivating factor that would lead to their mainstream adoption...

Source: https://news.bitzamp.com/jpmorgan-bullish-on-bitcoin-litecoin-and-four-others-says-cryptos-are-here-to-stay/ (https://news.bitzamp.com/jpmorgan-bullish-on-bitcoin-litecoin-and-four-others-says-cryptos-are-here-to-stay/)

Title: Re: JPMorgan Bets on Bitcoin, Five Other Cryptocurrencies to Survive Long Term
Post by: felixesteban on July 24, 2018, 04:05:21 AM

All of them are really solid. I m sure they will survive in the long term. These are the coins that must be kept for long-term investors.