I hope you enjoy this opportunity, “Black Friday” is here with great discounts on all Cryptos.
Thanks to the banning of the ICO of China and the closure of ViaBTC and by the bad intentions of Jamie Dimon of JP Morgan, but let’s take a closer look at this story.
James Dimon is an American business executive. He is chairman, president and chief executive officer of JPMorgan Chase, largest of the Big Four American banks, and served on the Board of Directors of the Federal Reserve Bank of New York.
Let’s say it is a good economic influencer, but the interesting thing is that JP Morgan has been trying to develop Blockchain systems since a long time ago.
According to Financial Times, JP Morgan has been developing a very similar Bitcoin since 2013:
JPMorgan Chase has filed a US patent application for a computerised payment system that resembles some aspects of Bitcoin, the controversial virtual currency.
Like Bitcoin, JPMorgan’s proposed system would allow people to make anonymous, electronic payments over the internet, without having to reveal their name or account numbers or pay a fee, according to the patent application.
The application put a spotlight on the behind-the-scenes battle being waged between the biggest banks, credit card operators and companies such as Google, Apple and PayPal – are all keen to grab a slice of the rapidly expanding business of providing mobile and internet payments as more people shift to online buying. (source: ft.com)
The truth of the whole story is that JP Morgan needs to launch its Blockchain system called “Quorum – Blockchain’s advanced technology.”
According to the official site of JP Morgan Quorum ™ is an enterprise-focused version of Ethereum.
Quorum is ideal for any application requiring high speed and high throughput processing of private transactions within a given group of known participants. Quorum addresses specific challenges to blockchain technology adoption within the financial industry, and beyond.
This new JP Morgan toy has been under the table for several years, now two things happen with the news of Jamie Dimon:
- The Cryptocurrencys drop down drasticaly.
- Increase Bitcoin’s purchase order.
What? someone is buying bitcoins right know?…. yes
Yesterday i saw the site http://fiatleak.com/ and you see the ridiculously exorbitant amounts of buying that are happening in the US.
The best time to buy is today, and if you bought it then hold it until you reach the moment of recovery.
Bitcoin is today the No.1 currency of “blockchain” and orchestra all the others, so do not worry, because this will happen every year. Take advantage and buy!
Donations are welcome!