Bitcoin is 'economic side show' and poor hedge against stocks: JP Morgan_老虎社区_美港股上老虎

Bitcoin is 'economic side show' and poor hedge against stocks: JP Morgan

StreetInsider2021-02-19

TOKYO (Reuters) - Bitcoin is an "economic side show" and a poor hedge against a decline in equity prices, analysts at JP Morgan said in a sobering assessment that could undercut the cryptocurrency...

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128

francis3
·2021-02-22
I see it as very risky to go into this Bitcoin position.
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SSVC
·2021-02-22
It is virtual with no fundamentals
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1
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- deeplearning:
  Virtual indeed
  2021-02-22
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Lorene
·2021-02-22
🤨🤨
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1
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- HDDDD:
  Shud i buy or no?
  2021-02-22
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- Lorene:
  nah
  2021-02-22
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- HDDDD:
  Interesting
  2021-02-22
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PierreTan
·2021-02-21
Zzz
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2
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Jeromeee
·2021-02-21
Eat shit
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3
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- nummiebuddy:
  good
  2021-02-22
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geraldwwx
·2021-02-21
Continue buying gold JP Morgan 😂
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5
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Vivienrose
·2021-02-21
Seriously fed up with cryto comments
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1
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- Vivienrose:
  Banks has always gotten something to Say to sWay tHe market
  2021-02-21
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需要一点点运气
·2021-02-21
@我要发财了 hurt ah
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2
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- 需要一点点运气:
  hi
  2021-02-21
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- 我要发财啦:
  hi
  2021-02-21
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- 需要一点点运气:
  kind
  2021-02-21
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HOTBE
·2021-02-21
Sure!
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1
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Lynny
·2021-02-21
This is typical - when a bank or fund wants to buy they will put up negative comments to drive prices down. Then when they have bought in you will see the samepeople totally changing their tune and talking the same stock up. Manipulators!
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- geraldwwx:
  Agree
  2021-02-21
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- SSVC:
  Yeah
  2021-02-22
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leowyc
·2021-02-21
Bitcoin long hold
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3
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- YS_ZENG:
  Yes! Buy & Hold!
  2021-02-22
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- YS_ZENG:
  Yes
  2021-03-26
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- YS_ZENG:
  Diamond hands
  2021-03-27
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leowyc
·2021-02-21
👍
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3
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- YS_ZENG:
  Yes!
  2021-02-21
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- YS_ZENG:
  Oh yes
  2021-03-24
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Sumei
·2021-02-21
Most of these banks or funds talk it down, then buy it up and make from this ...
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- Lynny:
  Yes they do 😡. always manipulating
  2021-02-21
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- Sumei:
  They make money when The stock drops and then again on the way up.
  2021-02-21
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- geraldwwx:
  Agree
  2021-02-21
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GM33
·2021-02-21
Bitcoin to the moon
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1
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WolfHunting
·2021-02-21
Continue buy call and push to hundred thousand
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Tchua
·2021-02-21
Long bitcoin
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1
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- Alex77:
  go go go
  2021-02-21
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YS_ZENG
·2021-02-21
1T market cap !
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1
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- YS_ZENG:
  Time to buy the dip
  2021-02-22
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Wallstrtbets
·2021-02-21
I love bitcoin.
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7b7349c2
·2021-02-21
IT WILL BE GFEAT
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1
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wesskiller88
·2021-02-21
100k per piece definately not a dream
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Rival cryptocurrency ether traded near a record of $1,951 reached earlier on Friday.Bitcoin has surged by 45% so far this month, fuelled by signs it is winning acceptance among mainstream investors and companies, such as Tesla, Mastercard and BNY Mellon, but many observers remain sceptical of the unregulated and highly volatile digital asset.\"Crypto assets continue to rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits at prices so far above production costs, while correlations with cyclical assets are rising as crypto ownership is mainstreamed,\" analysts at JP Morgan said.Some of bitcoin's supporters argue that the cryptocurrency is \"digital\" gold that can hedge against inflation and declines in the dollar.Based on that logic, bitcoin would need to rise to $146,000 in the long-term for its market capitalisation to equal total private-sector investment in gold via exchange-traded funds or bars and coins, according to JP Morgan.Tesla's chief executive Elon Musk said on Thursday that owning bitcoin was only a little better than holding cash. 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<u>indeed</u>"}],"langContent":"EN"},{"id":360285173,"gmtCreate":1613926939092,"gmtModify":1634551840351,"author":{"id":"3571725482264258","authorId":"3571725482264258","name":"Lorene","avatar":"https://static.tigerbbs.com/1aaecc8d2463e873c299fa0379df632f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"🤨🤨","listText":"🤨🤨","text":"🤨🤨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/360285173","repostId":2112816164,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3626220,"gmtCreate":1613927161834,"gmtModify":1635762447187,"authorId":3571471110820089,"author":{"id":3571471110820089,"authorId":3571471110820089,"name":"HDDDD","avatar":"https://static.tigerbbs.com/786a6a2849ceff0dde7562fc9bdb7434","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":360285173,"type":1,"supId":0,"prevId":0,"content":"Shud i buy or no?","text":"Shud i buy or no?","html":"Shud i buy or no?"},{"id":3626224,"gmtCreate":1613927230146,"gmtModify":1635762447078,"authorId":3571725482264258,"author":{"id":3571725482264258,"authorId":3571725482264258,"name":"Lorene","avatar":"https://static.tigerbbs.com/1aaecc8d2463e873c299fa0379df632f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":360285173,"type":1,"supId":3626220,"prevId":0,"content":"nah","text":"nah","html":"nah"},{"id":3626227,"gmtCreate":1613927311963,"gmtModify":1635762446969,"authorId":3571471110820089,"author":{"id":3571471110820089,"authorId":3571471110820089,"name":"HDDDD","avatar":"https://static.tigerbbs.com/786a6a2849ceff0dde7562fc9bdb7434","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":360285173,"type":1,"supId":3626220,"prevId":0,"content":"Interesting","text":"Interesting","html":"Interesting"}],"langContent":"EN"},{"id":360643327,"gmtCreate":1613912669569,"gmtModify":1634551879362,"author":{"id":"3571675068354340","authorId":"3571675068354340","name":"PierreTan","avatar":"https://static.tigerbbs.com/c178628164e607af980d1a823c6a2930","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Zzz","listText":"Zzz","text":"Zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360643327","repostId":2112816164,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":360847330,"gmtCreate":1613892533920,"gmtModify":1634551930044,"author":{"id":"3568799766306568","authorId":"3568799766306568","name":"Jeromeee","avatar":"https://static.tigerbbs.com/bebf990a014b83dc5b2aee37979e20e9","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Eat shit&nbsp;","listText":"Eat shit&nbsp;","text":"Eat shit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/360847330","repostId":2112816164,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3626712,"gmtCreate":1613950119417,"gmtModify":1635762427911,"authorId":3548631862118033,"author":{"id":3548631862118033,"authorId":3548631862118033,"name":"nummiebuddy","avatar":"https://static.tigerbbs.com/cd82325c82cc22414a36390e243a5cf5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":360847330,"type":1,"supId":0,"prevId":0,"content":"<u>good</u>","text":"<u>good</u>","html":"<u>good</u>"}],"langContent":"EN"},{"id":360845765,"gmtCreate":1613892175657,"gmtModify":1631884159998,"author":{"id":"3555322280934257","authorId":"3555322280934257","name":"geraldwwx","avatar":"https://static.tigerbbs.com/bccdb31724278699a26408ea1426d1d2","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Continue buying gold JP Morgan 😂","listText":"Continue buying gold JP Morgan 😂","text":"Continue buying gold JP Morgan 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360845765","repostId":2112816164,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":360854544,"gmtCreate":1613890038788,"gmtModify":1634551937700,"author":{"id":"3575585519231161","authorId":"3575585519231161","name":"Vivienrose","avatar":"https://static.tigerbbs.com/def4c9c09d2d61a66e1bd9447e42aa29","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Seriously fed up with cryto comments","listText":"Seriously fed up with cryto comments","text":"Seriously fed up with cryto 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