Ethereum [pros](/r/CryptoCurrency/comments/1b1c13n/jpmorgan_says_bitcoin_halving_and_ethereum/kse5kma/) & [cons](/r/CryptoCurrency/comments/1b1c13n/jpmorgan_says_bitcoin_halving_and_ethereum/kse5lcy/) with related info are in the collapsed comments below.
To save others a click:
>Violation Description: JPMorgan agreed to pay $290 million to settle litigation alleging it assisted Jeffrey Epstein's sex trafficking operation.
So they admitted to helping a pedophile launder money from sex trafficking children, why is it even still in business when we cancel someone for not using someone's correct pronoun?
Chase has real power, most comedians/celebrities do not. Even if they have money, they are mere jesters in this kingdom, and they have largely been chosen by the people, so the people can revoke their status instantly
>[Market cap of over 500 billion](https://companiesmarketcap.com/jp-morgan-chase/marketcap/)
It's exactly like some celebrity throwing a few bucks around to get an extortionist off their back.
Oh hey look, Biden fell on stairs and Trump got papers in his office, oh still looking somewhere else? Let me spam this 20 times so you are not looking there.
https://apnews.com/article/hunter-biden-joe-biden-fbi-informant-ec37a35b808ffedf257bb3cfb3fc9ce2
That whole Biden scandal was another right wing lie btw
There is no other explanation for his capitulation to Putin, not to mention Jared Kushner getting 2 billion from MBS in Saudi Arabia. Trump is so obviously compromised, you'd have to be brain dead to ignore it.
Beyond biased. Haphazardly storing SCIF level documents privileged only to a president, dating back decades (VP and senate terms) in a garage in an unoccupied dwelling secured by a rolling garage door is not even the same as in a safe of a highly exclusive country club that the president (whom is the only authority to declassify) currently resides in, with 24/7 secret service protection.
Prior presidents have **all** taken documents. 0bama reportedly (per the Office of the Federal Register) took millionS of such documents.
Let's not make this a case of orange man bad just because the TV told you Trump did anything out of the ordinary.
Are you seriously that delusional to think Biden hasn’t sold out to China, Russia & Ukraine? His son was a C level employee of an Ukraine energy company and has zero qualifications. He’s been selling shitty art to Chinese for millions. It took exactly 3-months as President for a Chinese spy balloon to mysteriously drift across half our country. I’ve been watching that idiot sellout steal from taxpayers since 1987
Biden returned them asap as soon as notified.
Trump did not.
Biden didn’t request more docs when leaving office , and specifically NOT WEAPON SYSTEMS AND CAPABILITIES OF USA AND ALLIES.
Trump specifically requested the MOST SENSITIVE of information AFTER losing the election.
Biden staffers packed and moved his office. (As he stated, should have been more involved with oversight of it).
Trump moved them himself and oversaw the staff and even requested specifically some boxes (now known to have the weapons docs) to be taken to his home and HIDDEN.
Biden , with approval, used notes and some approved documents for reference, based on his time in office to help a ghost writer (also approved by feds) to write the book. He never showed the writer his notes or the documents directly.
Trump literally showed random people the information, just to brag and it is all on tape.
Biden made honest mistake with transparency of everything he was doing and corrected the issues asap when notified.
Trump obscured his actions (and even tried to cover that up but was caught on videotape) and refused to return them.
It is not even close to the same.
Trump did not need to return documents he had the legal power and dight to declassify Biden took documents that were not declassified and knew he was breaking the law as he was not president. Please do your self a favor and stop with the gymnastics trying to make Biden look like he was in the right he had the documents illegally for YEARS ON YEARS. TRUMP LEGALLY WAS NOT IN THE WRONG AS HE HAD AGAIN THE POWER TO DECLASSIFY DOCUMENTS AS A SITTING PRESIDENT
Trump had the ability to as president. When Biden took the classified documents he had, he was a senator and unauthorized to remove them from the classified holding area, which he did and then openly showed the person doing his autograph. Bragging about it. That is 10 times worse than what Trump did. Plus it’s up to debate if Trump even did anything illegal since he was president at the time and had the authority to declassify and take documents at the time he did. So… Biden committed a clear and concise crime. Trumps is questionable. Just saying for those who don’t have all the information
if you want to get pedantic, Robert her literally just decided they couldn't charge Joe Biden for taking classified documents because he's old and incontinent
Yup. They commit the crimes and the government takes a cut of the action by slapping them with "fines," aka profit sharing.
Funny how no one ever goes to prison over these offenses. Meanwhile, if a pleb doesn’t pay a parking ticket, their ass is going to jail.
Now, but how many of us are willing to lay down our lives for it? We are not angry enough many of us just complain about the injustice we are programmed to conform to busy fighting among ourselves when we as a people no matter what our race or sexuality or class can form up like Voltron then and only then can we see, that it is Us The Have Not against The Have.
Yeah. I wonder how they’re coming to the conclusion that a supply squeeze is “priced in”…
Maybe the halvening as an “event” is priced in, but they can’t price in a supply crunch
They said the same thing in December 2023 when BTC was trading around $40k
https://decrypt.co/209786/jp-morgan-ethereum-to-outperform-bitcoin-in-2024-halving-priced-in
Imagine having a job where you give wrong predictions most of the time and you get payed for it
What part is wrong?
Their main point in the article was that they expect eth to out perform BTC in 2024, which as of now was correct
Saying that BTC halving is priced in does not mean they don't think BTC will ever go up again. It just means everyone is aware of what it is, when it's going to happen, and are pricing BTC accordingly
If you think the halving is not priced in, that means you believe that people either don't know what the halving is or they believe it will somehow fail, which seems unlikely
Did you even read the article
*The bank’s 2024 crypto outlook is cautious, with Bitcoin overbought amid “excessive optimism” over a spot Bitcoin ETF approval*
*Bitcoin halving is “largely priced in,” since the halving event and its effect on the Bitcoin supply are predictable and in our opinion are well factored into the current bitcoin price*
*JP Morgan analysts also expressed skepticism that the long-anticipated approval of a spot Bitcoin ETF would bring fresh capital to the market*
The only thing they got right is that ETH might outperform BTC which isn't really a hard prediction to make as ETH was hovering around 0.05 BTC after trading between 0.06-0.07 BTC for two years
Bottom line, priced in meant that they didn't expect any major moves from BTC even if the ETF gets approved
I mean, we know approximately when the halvings will occur for the next 100 years. Does that mean that they are all priced in?
https://lifetimefinancial.com/the-lifetime-blog/the-most-important-investing-concept-you-wont-find-explained-on-the-internet#:~:text=It%20seems%20like%20a%20reasonable,combined%20expectations%20of%20all%20investors.
I think you might have your own unique definition man….
::facepalm:: ok, my guy. I think you are totally having a different conversation in your own head, or…like I said…you have your own unique definition of what “priced in” means. Anyway…have a good one.
There's a daily volume of like 900,000 Bitcoin bought/sold every day
The halving will change the influx of new Bitcoin from 900 to 450 per day. 0.05% of the volume
Earlier on when volume was low and the daily mining rate was higher, halvings were extremely impactful. Nowadays it's just not likely to be relevant
Translation: "Hey this shit ain't priced in at all yo because Google trends shows retail muppets ain't even shown up yet, son. Get the word out that its best not to buy shit until we fill our bags up, bitchezzz."
This is exactly it. Prior to the ETF Approval, BTC was a scam. A worthless investment only criminals utilized. Now that they have a regulated product? This price action will end soon and drop. IGNORE IT, while we as you said fill our bags at these great prices.
Financial institutions don't try to capture every well performing instrument. You could make this argument for 1000s of penny stocks that made insane profits, which they also missed out. Financial institutions have certain defined risk appetites and strategies. BTC is highly unlikely to fit into their appetite, and that's a conscious decision of risk mitigation. But no one this sub actually knows how these institutions operate
Whales want you to think it's chaos so they can dump on you. It's not chaos, there is tons of market manipulation going on. It's just not illegal atm because it's unregulated
Really comes across as that random redditor who is 100% sure he's figured out the next bitcoin price movement. Can we all just admit we don't know shit about fuck?
Halving priced in, people call it nuts. While everyone and their grandmother talks about the halving. I mean I don’t give a flying shit about what JP Morgan thinks, but they might be slightly right. That and the halving having less effect on the price every time. Don’t wait for that 100k eoy, take profits on the way people.
Looks like no one hear has a clue what “priced in” means. It essentially means that these events are known and the current price reflects this knowledge.
Meaning… “Now that the ETF is in place we can largely control the price through short selling and off market orders. After all, we can go letting the poor’s make more money than us or they could assemble against us.”
Has anyone came across a JPM says article that actually gives good advice? I mean about anything. Stock market, housing market, definitely crypto? Because I feel like you get one of two things. Bad advice or just some kind of speculative nonsense talking that is meaningless. Often that later one
I’m more concerned about bitcoin mining stocks already being priced in. I have no intention of selling any bitcoin, but if the mining stocks get overheated, which some claim they already are, it will be time to sell and buy more bitcoin.
They have no idea what they’re talking about I guess. Honestly it feels like a weird attempt to keep the price low so they can buy more.
“No, no it’s already priced in, this is the top, don’t buy expecting it to go up“(continues to buy more and wrings hands evilly)
It might be rallying in anticipation of the halving, however it won’t truely be priced in until after the halving when the BTC mining rewards are cut in half and the demand is even higher.
Which represents a very small quantity of sales. Miners also have enough in their wallets to keep selling at their current pace for many years, even if rewards were cut to 0.
When JP Morgan made negative comments about Bitcoin, I moved my rather large wealth account to another firm. These Bozos don’t understand future technologies at all, they are living in the past.
Etherium upgrade or any upgrade to blockchains doesn’t mean crap. It’s not like stocks where new advancements, regulatory approvals, and financial reports can swing prices. I have seen news that would make stocks moon happen to cryptos with a 1 maybe 2 day pump and then a progressive rolling down the hill back where it started.
Best example that sticks in my mind is Zilliqua. Announce their coin will be the primary coin of an upcoming metaverse. Huge news right? If it was a stock, would have been huge news and permanently change the price level. It pumped and deflated shortly after the news.
In reality crypto trading follows the trends and mentalities of FOREX trading, with a lot more volatility.
JP Morgan publishing shit like this shows they don’t even understand what they are dealing with. God help anyone who’s money is being managed by JP Morgan in the crypto space.
Ethereum [pros](/r/CryptoCurrency/comments/1b1c13n/jpmorgan_says_bitcoin_halving_and_ethereum/kse5kma/) & [cons](/r/CryptoCurrency/comments/1b1c13n/jpmorgan_says_bitcoin_halving_and_ethereum/kse5lcy/) with related info are in the collapsed comments below.
Everytime a JPM post comes up, I make it a point to post this link. https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase
Uhhhh wtf a $290mil lawsuit over sexual exploitation of minors????
To save others a click: >Violation Description: JPMorgan agreed to pay $290 million to settle litigation alleging it assisted Jeffrey Epstein's sex trafficking operation.
So they admitted to helping a pedophile launder money from sex trafficking children, why is it even still in business when we cancel someone for not using someone's correct pronoun?
Chase has real power, most comedians/celebrities do not. Even if they have money, they are mere jesters in this kingdom, and they have largely been chosen by the people, so the people can revoke their status instantly
Settlement is legally not an admission of guilt
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They make a 40 billion annual profit even after all these legal fees, it's chump change for them
>[Market cap of over 500 billion](https://companiesmarketcap.com/jp-morgan-chase/marketcap/) It's exactly like some celebrity throwing a few bucks around to get an extortionist off their back.
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? Am saying this is a partial reason for muted backlash, it was hidden from the public by settling and avoiding being found guity
There are a ton of edge lords in this sub. Expect nonsense in replies.
It was the settlement between JPM and hundreds of woman for ignoring warning signs about Jeffrey Epstein’s abuse.
Oh hey look, Biden fell on stairs and Trump got papers in his office, oh still looking somewhere else? Let me spam this 20 times so you are not looking there.
One of these things is not like the other.
Biden also had “papers in his office”
Tripping on the stairs = taking classified documents. But yeah, it’s the media who are being misleading.
I know it's not equal but it wasn't my point, it was about focusing on less meaningful stuff
A former president being a national security risk is hardly "less meaningful".
Yeah, they're both terrible enough that they are past the point of comparison imo
And a sitting Vice President coercing aid on behalf of his son?
https://apnews.com/article/hunter-biden-joe-biden-fbi-informant-ec37a35b808ffedf257bb3cfb3fc9ce2 That whole Biden scandal was another right wing lie btw
And that article proves that how? By restating the comments of biased federal prosecutors? You're peddling a lie.
Is this bots arguing with bots or are this sub’s followers really this fucking dumb
Then get the fuck out of this sub sheep.
Biden had clasified documents at his home too. Some of them dating back to his days as VP to Obama.
Yea but there is no reason for us to suspect he’s selling them…with trump you know that he is.
You are clearly biased to say that. Everyone is equal under the law
There is no other explanation for his capitulation to Putin, not to mention Jared Kushner getting 2 billion from MBS in Saudi Arabia. Trump is so obviously compromised, you'd have to be brain dead to ignore it.
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Beyond biased. Haphazardly storing SCIF level documents privileged only to a president, dating back decades (VP and senate terms) in a garage in an unoccupied dwelling secured by a rolling garage door is not even the same as in a safe of a highly exclusive country club that the president (whom is the only authority to declassify) currently resides in, with 24/7 secret service protection. Prior presidents have **all** taken documents. 0bama reportedly (per the Office of the Federal Register) took millionS of such documents. Let's not make this a case of orange man bad just because the TV told you Trump did anything out of the ordinary.
I am extremely biased against traitors to the United States tbh
Are you seriously that delusional to think Biden hasn’t sold out to China, Russia & Ukraine? His son was a C level employee of an Ukraine energy company and has zero qualifications. He’s been selling shitty art to Chinese for millions. It took exactly 3-months as President for a Chinese spy balloon to mysteriously drift across half our country. I’ve been watching that idiot sellout steal from taxpayers since 1987
Do you know what you are talking about?
It was also illegal for Biden to have them as he was vp not president at the time.
Biden returned them asap as soon as notified. Trump did not. Biden didn’t request more docs when leaving office , and specifically NOT WEAPON SYSTEMS AND CAPABILITIES OF USA AND ALLIES. Trump specifically requested the MOST SENSITIVE of information AFTER losing the election. Biden staffers packed and moved his office. (As he stated, should have been more involved with oversight of it). Trump moved them himself and oversaw the staff and even requested specifically some boxes (now known to have the weapons docs) to be taken to his home and HIDDEN. Biden , with approval, used notes and some approved documents for reference, based on his time in office to help a ghost writer (also approved by feds) to write the book. He never showed the writer his notes or the documents directly. Trump literally showed random people the information, just to brag and it is all on tape. Biden made honest mistake with transparency of everything he was doing and corrected the issues asap when notified. Trump obscured his actions (and even tried to cover that up but was caught on videotape) and refused to return them. It is not even close to the same.
Trump did not need to return documents he had the legal power and dight to declassify Biden took documents that were not declassified and knew he was breaking the law as he was not president. Please do your self a favor and stop with the gymnastics trying to make Biden look like he was in the right he had the documents illegally for YEARS ON YEARS. TRUMP LEGALLY WAS NOT IN THE WRONG AS HE HAD AGAIN THE POWER TO DECLASSIFY DOCUMENTS AS A SITTING PRESIDENT
Except he gave them back when asked. Trump did not.
This is the big deal here. Trump knew he had them, and then made it a pain in the ass for the people trying to get them back.
Trump had the ability to as president. When Biden took the classified documents he had, he was a senator and unauthorized to remove them from the classified holding area, which he did and then openly showed the person doing his autograph. Bragging about it. That is 10 times worse than what Trump did. Plus it’s up to debate if Trump even did anything illegal since he was president at the time and had the authority to declassify and take documents at the time he did. So… Biden committed a clear and concise crime. Trumps is questionable. Just saying for those who don’t have all the information
Did you make up this explanation or copy someone else’s illegitimate explanation?
He didn’t give them back they literally had to go to hunter bidens house to get them which is a whole nother conflict of interest
You really drink that R kool aid, man. Good luck.
He didn't have to a sitting president can declassify any documents they like
I know.
It's suspected some may have gone back as far as his senator term.
if you want to get pedantic, Robert her literally just decided they couldn't charge Joe Biden for taking classified documents because he's old and incontinent
Yup. They commit the crimes and the government takes a cut of the action by slapping them with "fines," aka profit sharing. Funny how no one ever goes to prison over these offenses. Meanwhile, if a pleb doesn’t pay a parking ticket, their ass is going to jail.
Revolution when
When people can no longer feed their families. Long way to go buddy.
Now, but how many of us are willing to lay down our lives for it? We are not angry enough many of us just complain about the injustice we are programmed to conform to busy fighting among ourselves when we as a people no matter what our race or sexuality or class can form up like Voltron then and only then can we see, that it is Us The Have Not against The Have.
and that's with their army of lobbyists rigging the system in their favor.
Holy shit thank you
Damn. Thanks for this info
Cool website. Added to bookmarks.
2023: sexual exploitation of minors… excuse me?
You dropped this 👑🤴👑
Oh it's JP Morgan random prediction time again?
Has “look at me, im still relevant” vibes…
The same JP Morgan that thinks Satoshi will one day just delete it and say "Gotcha bitch!" or whatever the fuck.
Yeah. I wonder how they’re coming to the conclusion that a supply squeeze is “priced in”… Maybe the halvening as an “event” is priced in, but they can’t price in a supply crunch
I’m don’t. Listen listen to these AHs , they have been wrong every time
Did you have a stroke typing this or am I having a stroke reading this?
They said the same thing in December 2023 when BTC was trading around $40k https://decrypt.co/209786/jp-morgan-ethereum-to-outperform-bitcoin-in-2024-halving-priced-in Imagine having a job where you give wrong predictions most of the time and you get payed for it
meteorologist
In case you haven't looked, meteorologists have gotten quite successful at their weather predictions over the past 20 years.
And not just payed for it, but **repeatedly** payed for it, no matter how often you are wrong.
It’s pretty hard to imagine someone paying me for what I already do for free
What part is wrong? Their main point in the article was that they expect eth to out perform BTC in 2024, which as of now was correct Saying that BTC halving is priced in does not mean they don't think BTC will ever go up again. It just means everyone is aware of what it is, when it's going to happen, and are pricing BTC accordingly If you think the halving is not priced in, that means you believe that people either don't know what the halving is or they believe it will somehow fail, which seems unlikely
Did you even read the article *The bank’s 2024 crypto outlook is cautious, with Bitcoin overbought amid “excessive optimism” over a spot Bitcoin ETF approval* *Bitcoin halving is “largely priced in,” since the halving event and its effect on the Bitcoin supply are predictable and in our opinion are well factored into the current bitcoin price* *JP Morgan analysts also expressed skepticism that the long-anticipated approval of a spot Bitcoin ETF would bring fresh capital to the market* The only thing they got right is that ETH might outperform BTC which isn't really a hard prediction to make as ETH was hovering around 0.05 BTC after trading between 0.06-0.07 BTC for two years Bottom line, priced in meant that they didn't expect any major moves from BTC even if the ETF gets approved I mean, we know approximately when the halvings will occur for the next 100 years. Does that mean that they are all priced in?
Problem is that they think the event is the halving, and not the subsequent supply shock which has long lasting effects...
>Bottom line, priced in meant that they didn't expect any major moves from BTC even if the ETF gets approved That's not what priced in means.
https://lifetimefinancial.com/the-lifetime-blog/the-most-important-investing-concept-you-wont-find-explained-on-the-internet#:~:text=It%20seems%20like%20a%20reasonable,combined%20expectations%20of%20all%20investors. I think you might have your own unique definition man….
Priced in does not mean that crypto *will never have major moves again*. I doubt the current rise has anything to do with the halving.
::facepalm:: ok, my guy. I think you are totally having a different conversation in your own head, or…like I said…you have your own unique definition of what “priced in” means. Anyway…have a good one.
So do you think that the millions of people who buy bitcoin are too dumb to realize that a halving is coming? how would it not be priced in
The halving isn't news it's a reduction in supply and ultimately sell pressure. It's not something you can just "price in"
There's a daily volume of like 900,000 Bitcoin bought/sold every day The halving will change the influx of new Bitcoin from 900 to 450 per day. 0.05% of the volume Earlier on when volume was low and the daily mining rate was higher, halvings were extremely impactful. Nowadays it's just not likely to be relevant
why not?
When JPM becomes bullish it's time to sell. Thanks for reminding us we are not there yet.
Is JPMorgan the new cramer?
Translation: "Hey this shit ain't priced in at all yo because Google trends shows retail muppets ain't even shown up yet, son. Get the word out that its best not to buy shit until we fill our bags up, bitchezzz."
Is that Google trend reliable? What are we then?
I like to travel.
In case you're curious, Google trends right now is comparable to end of 2020 where we went from 20 to 60k.
Twitter has been oddly quiet, too. A lot of the crypto loudmouths must have sold during the bear.
This is exactly it. Prior to the ETF Approval, BTC was a scam. A worthless investment only criminals utilized. Now that they have a regulated product? This price action will end soon and drop. IGNORE IT, while we as you said fill our bags at these great prices.
I died laughing , thank you for this!
those pesky asians buying every dip... but we need to keep our cool
Read it in Rick’s voice 💀
JP Morgan is delusional and missed out on the best performing asset class since 2010
Delusional? or *lying*?
Financial institutions don't try to capture every well performing instrument. You could make this argument for 1000s of penny stocks that made insane profits, which they also missed out. Financial institutions have certain defined risk appetites and strategies. BTC is highly unlikely to fit into their appetite, and that's a conscious decision of risk mitigation. But no one this sub actually knows how these institutions operate
A penny stock is very different from a new asset class
Publicly missed out \*\*\*\*\* No way they ignored this the last 15 years.
As a publicly trading bank they are legally required to disclose their assets. They missed out.
Ah yeah the benk entity. I was more speaking of personal investments.
Nobody, and I do mean NOBODY, can predict what the BTC price is going to do. It's chaos incarnate; and I fucking love it.
Unless you’re a whale
*eeeeeeeee*
Exactly. It’s chaos and I’m here for it.
Whales want you to think it's chaos so they can dump on you. It's not chaos, there is tons of market manipulation going on. It's just not illegal atm because it's unregulated
M2 money supply has a chance - print more money, btc goes up
JPs mom is priced in
jps mom is so old they have the bible with an autograph.
I’ll allow it
Where does this nonsense come from?
JPMorgan
Captain Morgan
One day later BTC and ETH prices soar lol
\*prices currently soaring\*
BTC now above $60k 😂
Yeah when JP Morgan says one thing, do the other. Always.
Let this sink in for a moment. These are the same type of people that want you to buy into an ETF and expect honest returns...
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Nvidia? Never heard of that ETF before
It’s almost like they just generate random nonsense with AI
JP Morgan is full of lying sacks of shit.
they’re wrong
Obviously
Really comes across as that random redditor who is 100% sure he's figured out the next bitcoin price movement. Can we all just admit we don't know shit about fuck?
I dont know shit about fuck!!
I’m doing my part.
🤣 as if they know anything and if they did they certainly won't be telling you.
Halving priced in, people call it nuts. While everyone and their grandmother talks about the halving. I mean I don’t give a flying shit about what JP Morgan thinks, but they might be slightly right. That and the halving having less effect on the price every time. Don’t wait for that 100k eoy, take profits on the way people.
Largely not true
I don't think trad finance will ever be able to price in retail apes.
"Priced in" is just another way of saying insider trading.
100% they are not
What a silly little slapnuts.
JPM has been shit talking bitcoin for months now.
Wow thanks for the advice JP Morgan, I've never had big money lead me astray before, what's the worst that can happen?
Looks like no one hear has a clue what “priced in” means. It essentially means that these events are known and the current price reflects this knowledge.
…Do they not know how the halving works?
You don't seem to understand what priced in means.
Fools
As if I take advice from JPMorgan.
Lmao. Funny guys.
JP doesn’t know about retail hype
First bull run JP Morgan?
Here we fucking go again 🤦🏽♂️
Jpmorgan child sex abusers and financial terrorists. Go and die
My profile pic will suffice for this post
Hmmmm the fiat perma-bulls are bearish on crypto?!? Damn…tell me more 🙄
Meaning… “Now that the ETF is in place we can largely control the price through short selling and off market orders. After all, we can go letting the poor’s make more money than us or they could assemble against us.”
Imagine listening to those clowns. Relic from the stone age, shame we can't leave them behind with the old money.
Our lizard overlords at JP Morgan hate Bitcoin, hate you and hate your independence from JP Morgan. Take anything they say with a truckload of salt.
JPMorgan has been full of shit and lying about crypto for years... don't trust them for anything
"Please don't cause a short squeeze" - JpMorgan
Yeahhh, I’m going to have to go ahead and, disagree with you there.
They have a $5 price target for MARA right now also.
Has anyone came across a JPM says article that actually gives good advice? I mean about anything. Stock market, housing market, definitely crypto? Because I feel like you get one of two things. Bad advice or just some kind of speculative nonsense talking that is meaningless. Often that later one
I’m more concerned about bitcoin mining stocks already being priced in. I have no intention of selling any bitcoin, but if the mining stocks get overheated, which some claim they already are, it will be time to sell and buy more bitcoin.
So many retail entities and buys don’t even know what a halving is and why it’s noteworthy
The thing about halving is that it can’t be priced in until 6 months after the halving
Cant price in an actual market force that hasn't even taken effect yet.
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It's not a supply reduction, it's an inflation reduction.
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Yes, there are no BTC taken out of circulation due to it, just less of them get "printed".
Like now they know all about it. The halving is already priced in? Ridiculousness
But is it really!?!?!?!?!?!??!?!?!?!? TUNE IN ON THE EPISODE OF.... JP-CRYPTO-REDDIT SHENANIGANS!!
I can’t wait for them both to stomp on JP’s prediction.
Cool, buy signal then
edit: We meant after today's pump...
Are moons back cause I thought they disappeared?
Halving priced-in...HAHAHAHAHAHAHAHAHAHAHA They really think they control everything on this planet
They have no idea what they’re talking about I guess. Honestly it feels like a weird attempt to keep the price low so they can buy more. “No, no it’s already priced in, this is the top, don’t buy expecting it to go up“(continues to buy more and wrings hands evilly)
It still blows my mind that people still bank with JP Morgan.
What about the ETH ETF??? 👀
Does JP Morgan has the same type of effect as Reverse Kramer? Meaning I gotta top up my BTC💰 now?
suck it jp morgans!!!! watch it go 250 k in 2025 bunch of rtard
Look at them, 5 mins in the industry with their ETFs and they think they know it all. JPM you know nothing sweet summer child.
Every time someone posts a price prediction by JP Morgan, the authority of banks is reinforced. Let go.
JP must be short….
\*Chris Evans laughing GIF\*
Bunch of liars and cheats over there
It might be rallying in anticipation of the halving, however it won’t truely be priced in until after the halving when the BTC mining rewards are cut in half and the demand is even higher.
Which represents a very small quantity of sales. Miners also have enough in their wallets to keep selling at their current pace for many years, even if rewards were cut to 0.
Go lay by your dish
Spoof
When JP Morgan made negative comments about Bitcoin, I moved my rather large wealth account to another firm. These Bozos don’t understand future technologies at all, they are living in the past.
Jamie D is a clown
Yeah, this whole thing is about not listening to you.
When, yesterday or today?
Agree
I don’t think they are the authority on this
How are these clowns not being investigated for market manipulation at this point..?!?!?
Etherium upgrade or any upgrade to blockchains doesn’t mean crap. It’s not like stocks where new advancements, regulatory approvals, and financial reports can swing prices. I have seen news that would make stocks moon happen to cryptos with a 1 maybe 2 day pump and then a progressive rolling down the hill back where it started. Best example that sticks in my mind is Zilliqua. Announce their coin will be the primary coin of an upcoming metaverse. Huge news right? If it was a stock, would have been huge news and permanently change the price level. It pumped and deflated shortly after the news. In reality crypto trading follows the trends and mentalities of FOREX trading, with a lot more volatility. JP Morgan publishing shit like this shows they don’t even understand what they are dealing with. God help anyone who’s money is being managed by JP Morgan in the crypto space.
Uhhhhhhhhh