Nouriel Roubini says JP Morgan’s cryptocurrency JPM Coin is a joke; compares it to XRP

[Guest]

Quote

Nouriel Roubini aka Dr. Doom has always been against cryptocurrencies and blockchain, but Roubini’s tweets regarding JP Morgan’s cryptocurrency suggests that he acknowledges cryptocurrencies.

https://ambcrypto.com/nouriel-roubini-says-jp-morgans-cryptocurrency-jpm-coin-is-a-joke-compares-it-to-xrp/

[xrphilosophy]

There are many people with careers at stake who make money just by having an opinion, any opinion.  More pablum indeed.  These thought clusters have been debunked with facts on this forum many a time thus far...good thing is I remember before the last run (some months prior) there were similar hit pieces on Ripple and XRP out almost everyday.  Don't know if this indicates anything or not...

[GiddyUp]

5 hours ago, xrphilosophy said:

I remember before the last run (some months prior) there were similar hit pieces on Ripple and XRP out almost everyday.  Don't know if this indicates anything or not...

Exactly what I was thinking... first create the price drop, then buy into it... same financial shenanigans, different asset - happens every time. When you spot the big players/financial press talking something down, buy in. I knew it was time to buy a house when the entire financial press was broadcasting what a terrible idea it was.

[Guest]

On 2/16/2019 at 1:17 AM, xrphilosophy said:

pablum

Good word! 

[Roaring_Twenties]

Yep - 'pablum'.  Word of the day; and a new word for me.