BITCOIN - Das ist die Bedingung für ein großes Kaufsignal

WARUM SCHREIBT EIN DANIEL KÜHN UND KONSORTEN NICHT MAL WAS HIERRÜBER :

And this is why nobody should ever, EVER believe any of the attacks mounted on crypto by Jamie Dimon or any of the old guard financial sector people.

Crypto is going to eat their lunch. And they know it.

https://www.ethnews.com/jp-morgan-sees-threat-of-disruption-by-cryptocurrency

In its latest 10-K filing, the financial services giant alluded to the possibility that it could be “disrupted” by cryptocurrencies.

Cryptocurrencies could prove disruptive to JPMorgan Chase & Co.'s business model by drawing customers away from its payment processing services and possibly other offerings, according to the firm's annual 10-K filing with the SEC. The document, submitted on February 27, covers the fiscal year ending December 31, 2017, and reads:

"Both financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation. New technologies have required and could require JPMorgan Chase to spend more to modify or adapt its products to attract and retain clients and customers or to match products and services offered by its competitors, including technology companies."
In other words, people may eventually develop a preference for cryptocurrencies, which require no financial intermediary to ensure their safekeeping, over forms of wealth that must be entrusted to an institution like J.P. Morgan.

Furthermore, in a possible future where virtual currencies have won significant mainstream adoption, J.P. Morgan may not be naturally positioned to offer the kinds of services that consumers want. To remain relevant, the company projects that it might have to spend a significant amount of money in order to compete with non-traditional financial products and services that may otherwise entice its clientele to part ways with the old institution.

For several years, cryptocurrency enthusiasts have gloated over the possibility that digital assets could eventually make banks and other financial institutions obsolete. Some of these individuals were whipped into a frenzy of social media activity when J.P. Morgan CEO Jamie Dimon called bitcoin "a fraud," a comment that he later reported regretting."

Dimon on particular has been slamming crypto for years, while being on record saying they're a threat and while his company is actively working with them.

The game is changing, and these guys know it.

HODL!!!