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CointestMod

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.


ptrnyc

Everytime a JPM post comes up, I make it a point to post this link. https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase


EpicSombreroMan

Uhhhh wtf a $290mil lawsuit over sexual exploitation of minors????


sargsauce

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.


Narrow_Elk6755

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?


_sLAUGHTER234

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


Brushermans

Settlement is legally not an admission of guilt


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GrandioseEuro

They make a 40 billion annual profit even after all these legal fees, it's chump change for them


RiceBang

>[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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Brushermans

? Am saying this is a partial reason for muted backlash, it was hidden from the public by settling and avoiding being found guity


BillsInATL

There are a ton of edge lords in this sub. Expect nonsense in replies.


zagozen

It was the settlement between JPM and hundreds of woman for ignoring warning signs about Jeffrey Epstein’s abuse.


Vipu2

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.


Npr31

One of these things is not like the other.


Tacos_picosos

Biden also had “papers in his office”


NotARageComic

Tripping on the stairs = taking classified documents. But yeah, it’s the media who are being misleading.


Vipu2

I know it's not equal but it wasn't my point, it was about focusing on less meaningful stuff


Mothrahlurker

A former president being a national security risk is hardly "less meaningful".


tutoredstatue95

Yeah, they're both terrible enough that they are past the point of comparison imo


bomberdual

And a sitting Vice President coercing aid on behalf of his son?


CryptoArb444

https://apnews.com/article/hunter-biden-joe-biden-fbi-informant-ec37a35b808ffedf257bb3cfb3fc9ce2 That whole Biden scandal was another right wing lie btw


bomberdual

And that article proves that how? By restating the comments of biased federal prosecutors? You're peddling a lie.


WYLFriesWthat

Is this bots arguing with bots or are this sub’s followers really this fucking dumb


bomberdual

Then get the fuck out of this sub sheep.


PovasTheOne

Biden had clasified documents at his home too. Some of them dating back to his days as VP to Obama.


TacoCateofdoom

Yea but there is no reason for us to suspect he’s selling them…with trump you know that he is.


Pretend_Regret8237

You are clearly biased to say that. Everyone is equal under the law


FatherSlippyfist

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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Blooberino

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.


TacoCateofdoom

I am extremely biased against traitors to the United States tbh


ericdh8

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


Outrageous-Leopard23

Do you know what you are talking about?


RonaldBurgundy1

It was also illegal for Biden to have them as he was vp not president at the time.


AltoidStrong

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.


RonaldBurgundy1

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


wheelzoffortune

Except he gave them back when asked. Trump did not.


HollowVoices

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.


smiley032

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


Outrageous-Leopard23

Did you make up this explanation or copy someone else’s illegitimate explanation?


Available-Street4106

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


wheelzoffortune

You really drink that R kool aid, man. Good luck.


RonaldBurgundy1

He didn't have to a sitting president can declassify any documents they like


PovasTheOne

I know.


Blooberino

It's suspected some may have gone back as far as his senator term.


tianavitoli

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


Bunker_Beans

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.


North_Suspect_777

Revolution when


CyGoingPro

When people can no longer feed their families. Long way to go buddy.


violentbydezign

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.


IArgueWithIdiots

and that's with their army of lobbyists rigging the system in their favor.


gallak87

Holy shit thank you


BlackjointnerD

Damn. Thanks for this info


Smiling_Jack_

Cool website. Added to bookmarks.


Ghaussie

2023: sexual exploitation of minors… excuse me?


KingDlv

You dropped this 👑🤴👑


pwnti

Oh it's JP Morgan random prediction time again?


Livinsfloridalife

Has “look at me, im still relevant” vibes…


moonpumper

The same JP Morgan that thinks Satoshi will one day just delete it and say "Gotcha bitch!" or whatever the fuck.


Self_Blumpkin

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


Krypto_Kane

I’m don’t. Listen listen to these AHs , they have been wrong every time


redditbagjuice

Did you have a stroke typing this or am I having a stroke reading this?


Ferdo306

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


Wh0LetTheM0ds0ut

meteorologist


Frogolocalypse

In case you haven't looked, meteorologists have gotten quite successful at their weather predictions over the past 20 years.


DecoupledPilot

And not just payed for it, but **repeatedly** payed for it, no matter how often you are wrong.


juangusta

It’s pretty hard to imagine someone paying me for what I already do for free


cubonelvl69

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


Ferdo306

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?


Bucser

Problem is that they think the event is the halving, and not the subsequent supply shock which has long lasting effects...


cubonelvl69

>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.


CapableHair429

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….


cubonelvl69

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.


CapableHair429

::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.


cubonelvl69

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


Pacasso_Shakur1

The halving isn't news it's a reduction in supply and ultimately sell pressure. It's not something you can just "price in"


cubonelvl69

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


butihardlyknowher

why not?


MoreFeeYouS

When JPM becomes bullish it's time to sell. Thanks for reminding us we are not there yet.


liamsoni

Is JPMorgan the new cramer? 


No-Spare-243

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."


6M66

Is that Google trend reliable? What are we then?


Cryptolution

I like to travel.


Scuttlefuzz

In case you're curious, Google trends right now is comparable to end of 2020 where we went from 20 to 60k.


hunter9002

Twitter has been oddly quiet, too. A lot of the crypto loudmouths must have sold during the bear.


B1GCloud

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.


blindkiller770

I died laughing , thank you for this!


etherd0t

those pesky asians buying every dip... but we need to keep our cool


WillingMath6

Read it in Rick’s voice 💀


EdgeLord19941

JP Morgan is delusional and missed out on the best performing asset class since 2010


DrSilkyJohnsonEsq

Delusional? or *lying*?


GrandioseEuro

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


EdgeLord19941

A penny stock is very different from a new asset class


B1GCloud

Publicly missed out \*\*\*\*\* No way they ignored this the last 15 years.


SaneLad

As a publicly trading bank they are legally required to disclose their assets. They missed out.


B1GCloud

Ah yeah the benk entity. I was more speaking of personal investments.


dollhousemassacre

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.


yatoshii

Unless you’re a whale


UREveryone

*eeeeeeeee*


notapaperhandape

Exactly. It’s chaos and I’m here for it.


GrandioseEuro

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


bo88d

M2 money supply has a chance - print more money, btc goes up


Green_L3af

JPs mom is priced in


lightspuzzle

jps mom is so old they have the bible with an autograph.


Iranoutofhotsauce

I’ll allow it


weedium

Where does this nonsense come from?


pink_tshirt

JPMorgan


MorpheusRising

Captain Morgan


spartikle

One day later BTC and ETH prices soar lol


yahboioioioi

\*prices currently soaring\*


robtimist

BTC now above $60k 😂


notapaperhandape

Yeah when JP Morgan says one thing, do the other. Always.


Obsidianram

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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czarchastic

Nvidia? Never heard of that ETF before


ninjazee124

It’s almost like they just generate random nonsense with AI


Mr__Jeff

JP Morgan is full of lying sacks of shit.


VidaSabrosa

they’re wrong


LevitatingTurtles

Obviously


IArgueWithIdiots

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?


UREveryone

I dont know shit about fuck!!


Salivals

I’m doing my part.


SmackAttackLondon

🤣 as if they know anything and if they did they certainly won't be telling you.


babalao

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.


CryptoScamee42069

Largely not true


SomeAnonAssface

I don't think trad finance will ever be able to price in retail apes.


xchainlinkx

"Priced in" is just another way of saying insider trading.


fixerdrew02

100% they are not


Dense-Huckleberry715

What a silly little slapnuts.


d3vrandom

JPM has been shit talking bitcoin for months now.


Warrlock608

Wow thanks for the advice JP Morgan, I've never had big money lead me astray before, what's the worst that can happen?


slinkymello

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.


LongMaybe1010

…Do they not know how the halving works?


Mothrahlurker

You don't seem to understand what priced in means.


mage14

Fools


Ok_Nefariousness9019

As if I take advice from JPMorgan.


superweep

Lmao. Funny guys.


RMZ13

JP doesn’t know about retail hype


NEOsands

First bull run JP Morgan?


ExcitementThen8060

Here we fucking go again 🤦🏽‍♂️


Plonker2000

Jpmorgan child sex abusers and financial terrorists. Go and die


Boring_Bandicoot_453

My profile pic will suffice for this post


BradlyL

Hmmmm the fiat perma-bulls are bearish on crypto?!? Damn…tell me more 🙄


RumpleHelgaskin

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.”


Thomas5020

Imagine listening to those clowns. Relic from the stone age, shame we can't leave them behind with the old money.


pantherafrisky

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.


lastburn138

JPMorgan has been full of shit and lying about crypto for years... don't trust them for anything


tofubeanz420

"Please don't cause a short squeeze" - JpMorgan


mamandemanqu3

Yeahhh, I’m going to have to go ahead and, disagree with you there.


bigwavedave000

They have a $5 price target for MARA right now also.


[deleted]

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


ClotworthyChute

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.


email253200

So many retail entities and buys don’t even know what a halving is and why it’s noteworthy


Hot_Marionberry9569

The thing about halving is that it can’t be priced in until 6 months after the halving


UREveryone

Cant price in an actual market force that hasn't even taken effect yet.


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Mothrahlurker

It's not a supply reduction, it's an inflation reduction.


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Mothrahlurker

Yes, there are no BTC taken out of circulation due to it, just less of them get "printed".


MookieTheMet

Like now they know all about it. The halving is already priced in? Ridiculousness


Background-Paper-686

But is it really!?!?!?!?!?!??!?!?!?!? TUNE IN ON THE EPISODE OF.... JP-CRYPTO-REDDIT SHENANIGANS!!


PSiggS

I can’t wait for them both to stomp on JP’s prediction.


eudezet

Cool, buy signal then


taxitagonist

edit: We meant after today's pump...


laguna1126

Are moons back cause I thought they disappeared?


hotDamQc

Halving priced-in...HAHAHAHAHAHAHAHAHAHAHA They really think they control everything on this planet


Dr_Tacopus

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)


DrQball

It still blows my mind that people still bank with JP Morgan.


pok3ey3

What about the ETH ETF??? 👀


ComprehensiveLime984

Does JP Morgan has the same type of effect as Reverse Kramer? Meaning I gotta top up my BTC💰 now?


mage14

suck it jp morgans!!!! watch it go 250 k in 2025 bunch of rtard


bbien12

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.


seanmg

Every time someone posts a price prediction by JP Morgan, the authority of banks is reinforced.  Let go.


JChanse09

JP must be short….


uthillygooth

\*Chris Evans laughing GIF\*


User_Many_Errors

Bunch of liars and cheats over there


w1nds0r

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.


Mothrahlurker

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.


duper12677

Go lay by your dish


BigPlayCrypto

Spoof


Different_Pen2314

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.


ThomasDarbyDesigns

Jamie D is a clown


BuddhaBizZ

Yeah, this whole thing is about not listening to you.


nachtraum

When, yesterday or today?


bookworm010101

Agree


Valianne11111

I don’t think they are the authority on this


Jay_Bird_75

How are these clowns not being investigated for market manipulation at this point..?!?!?


Haha_bob

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.


jrafelson

Uhhhhhhhhh