/biz/ - Business & Finance

>>8755702
I'm here, just... waiting. Thinking about scooping up some more at 17 cents, we'll see.

I'm waiting for new medium posts but it looks like we really got bamboozled
LINK is my last hope now

>>8755702
Motorcycle anon reporting in. Last I heard the jib marine sold half his stack and is down to 270K.

>>8755834
Did you increase your stack or are you still at 25k?

The guy with the 400k sold apparently, but only 33% or 50% of his stack since the volume is really low.

>>8755848
32K and holding at this point for a few months. if we get good news and the coin is still undervalued i'll up my stack to 100K. not really sure what to make of recent events. it's clear the fud is mostly overblown but i was unimaginably /comfy/ and am now a bit on guard.

>>8755702
lol people are still holding this piece of shit?

>>8755891
it's almost like it's long term hold

i stacked up to 11k, high risk high reward...

>>8755870
Sounds good. There's no reason to worry yet IMO, the accessibility of jBonds will make for a more attractive product methinks. Because let's be real, who the fuck would actually go through all that KYC/AML to use jCash... Real-life interviews? Bitch please, there's no way this thing could reach the wider masses with that stringent protocols.

But I do wonder though how jBonds will be able to deal with the problem that jCash had (volatility of the token), it seems at a glance that they would both have the same weakness. Looking forward to get medium article, it will be nice to get this explained in-depth once and for all.

No more changes to the worse. Please

>>8755702
Have they delievered anything in time or on their to do list since the ICO was finished?

Also anyone know what platform they were piloting jCash on, it'd have to be integrated to the ethereum blockchain right?

Also any contract addresses for jAED/jUSD/jKRW how were they minted for the pilot must be on the blockchain somewhere right?

>>8755857
That guy was pretty fucking stupid desu if you ever heard about him talk about the project. He understood the token economics but didn't understand how the whole project relies on decentralization necessitates JNT as proof of solvency otherwise Jibrel is literally doing nothing interesting at all. I'm still bullish either way this shit is going to be higher than the market cap its at right now sooner or later. My only regret is I didn't up my stack at this price but I've been trying to fuck off all crypto anyways because this shit is too time consuming.

But yeah - if they pull through I believe this really is a game changer. I've been autistic about a lot of projects but this is the one I'm most excited about. I think this is a play that won't see the biggest benefits until the end of 2019 imho but the potential of this project is ridiculous... there are maybe 2 other projects I see as having the same moon mission potential but this is definitely the top

>>8755913
it is a fucking fraud and you know it lol

>>8755954
If an in-person interview in Switzerland is necessary, institutions just wont use it at all. They are the ones with the money after all.

Why is it in Switzerland anyway when the main office is in NYC? It can't be done there?

Whats so special about Jibrel compared to other options like TrueUSD, Havven, etc.?

they only way JNT works if ownership of assets never transfers. In which case this shit is not even tokenizing assets, but an over-collateralized asset backed loan

Do they have that banking license yet? how are they gonna take deposits for jCash without it?

So I put 1 million In Jibrel's DAO or whatever to tokenize it into a CryDR. I have to also buy a million worth of JNT and send that as well for on-chain collateral (massive problem #1).

Now I trade the CryDR to some Pajeet for a piece of land or whatever. This Pajeet wants to hold the CryDR for a while and not immediately liquidate it for the underlying cash... The problem here is that my collateral is now backing up someone else's property. I have no stake in that CryDR anymore but my JNT is backing it. Is the Pajeet supposed to buy the JNT as well when he trades me for the CryDR? Or am I just supposed to remain exposed to risk (volatile JNT) backing someones else's assets? Retarded really

This only works if the DAO assumes 100% of the responsibility for on-chain solvency and buys/sells the JNT necessary to back all the users CryDRs. Of course this is impossible because there is a lot of risk involved given JNT is volatile (more volatile even than other larger cap cryptos that could be used for the same purpose like BTC) and could drop in value sharply forcing the DAO to buy more JNT to remain solvent On-Chain which it may not be able to afford. The DAO doesn't actually have a revenue stream; just the money they raised in the ICO which they already spent a good portion of on their own personal needs such as cars, property, drugs and whores.

Jibrel was a brainlet trap because on chain solvency is a meme. Intrinsically flawed idea.

They will just use an auditor to prove assets are actually held in trust off chain like DigixDao (or like what Tether could be doing to dispel all FUD). This completely eliminates the need for on-chain proof of solvency i.e. eliminates the need for JNT at all.

>>8756214
I would assume that they are based in Switzerland due to legal and tax reasons, I'm not sure on the specifics though.

As for the difference to TrueUSD and Havven, it's not really comparable. Sure, certain services of JNT function as a stablecoin such as jCash but the overall purpose of JNT is to give traditional financial services/offerings the transaction properties that blockchain offers. Auditability, transparency and especially smart-regulation is a massive step forward and will make the job of regulators a lot easier. It's a big project, the stablecoin aspect is just one part of it.

>>8756260
Jibrel Network don't have a banking license themselves yet but they are scheduled to recieve one later during the year. In the meantime, they work with partners who provide this service to them.

>>8756224
Not sure what your point is, if you take a traditional asset and put it on the blockchain then you are tokenizing it no matter how you look at it.

>>8756293
>This completely eliminates the need for on-chain proof of solvency i.e. eliminates the need for JNT at all.

Obviously the whole solvency shit was a big meme. The latest medium article has shown that the JNT backing has no future. But you are just talking against a wall, the JNT boyos with like 10k JNT each still think they can make it. They have joined the party in JAN are a still deluded as fuck.

>>8756380
>they are scheduled to recieve one later during the year

Since they don't even hit one deadline sind 2018, i would lower your expectations.

>inbefore it is anyway a long term hold!!

>>8756380
How does JNT differ compared to TrustToken besides trying to establish a decentralized bank?

I mean investor only care about getting their assets on the chain and not whether it is centralized or whatever.

>>8756293
The volatility of the token was the issue behind jCash and it's why as for now jCash will not also be backed by JNT. They are trying to solve this by increasing the utility of JNT in other areas through jNode, jSearch, jClear etc. but I personally fail to see how it will make enough of an impact. The most likely scenario IMO is that they will move onto their own dedicated blockchain, de-couple JNT from ETH and BTC and just trade JNT against fiat. It would certainly remove a hell of a lot of the volatility but I guess we'll see.

But yes, the volatility is the main issue and it's what they are trying to solve.

>>8756425
I'm not familiar with TrustToken so I can't really comment on the differences.

so how is this going to be a decentralized bank if Talal/Yazan hold all of the equity capital ($30 million)? JNT holders are not shareholders.

So its "decentralized" but 2 people own it?

>>8756646
they don't own it, it is being put down as the base liquidity for the bank - the initial reserves in top of whatever SEED puts down.

what they own are tokens which are locked with 5 year vesting

>>8756659
i mean who owns the off-chain bank? someone has to own it.

>>8756659
to further explain.

1. Jibrel contributes (not deposits) $30 million into Jibrel Bank as capital- the bank now has $30 million in assets (cash) and $30 million equity

2. SEED deposits $250 million for tokenization -

Jibrel Bank now has $280 million assets ($30 million from Jibrel, $250 million SEED), $250 million in liabilities (SEED cash deposit - this is a deposit and not an investment), and $30 million in equity.

The only equity there is that contributed by Talal/Yazan. It's basic accounting.

>>8756664
it is DECENREALIZED - FREE FROM OWNERSHIP FREE FROM MASTERS!!! CRYPTOCURRENCY!!!!

>>8756664
in all serious that is a good question, i know they are working with the one of the top law funds in switzerland so yeah, that is probably being worked out legally. in an earlier interview talal mentioned the immense amount of legal work that needs to be done in the space

Also if they are establishing this bank, where are they going to get the money to pay the qualified lawyers, accountants, regulatory staff, customer serivce, etc. needed to comply with banking regulations? The $30 million is strictly for liquidity right?

At this point I don't even know what the fuck they're trying to do so I'll just hold until I kms I guess.

>>8756856
They also had various angel investors in addition to the SEED funding so I doubt that's an issue, we don't exactly have a way to scrutinize how they spend the money.

>>8756856
>>8756967
yeah - I think it isn't hard to see that they have no issue in getting their monthly income. obviously the risk/reward for them is if their project pays off and they make it. so, as we are NEETS, so they are JNT, all trying to make it in this capitalist hellhole

>>8757022
I still have a decent fear that jnt will end up being worthless, like if they decide jcash alone is good enough for them and they give up on on-chain solvency

I don't really trust the team since they've been a couple deadlines and they're stringing us along with medium articles
I'm waiting on the sidelines to see what they do in the future

>>8757101
yeah i got faith in the team and the project but definitely not a bad idea to protect profits and sit on the sidelines until confirmation

I am BALLS DEEP in this.

>>8758047
Me too anon, I've learned to drown out the brainlet FUD and realize that my 250k Jibbies will make me a LOT of money if I am capable of holding for at least a year

>>8756878
this sums up every JNT bagolder beautifully

>>8758165
Exactly. Welcome to Jibrel Network. The Project which changes on a daily basis.

>>8758179
Lying is not good for you anon. It makes you a dishonest person.

Jibrel is one of the best projects in crypto. Even if something changes it changes for the better. You might just not understand it properly to understand these changes

>>8758211
>???

Tell me where i have lied in my accusation.

So far they haven't delievered anything on their list.

>2 B exchanges
>detailed roadmap
>new website with arab language
>jCash on launch --> into jCash for institutions. into jBond only
>they have missed all their own deadlines of medium articles
>where is the promised SEED details? still missing

I can go on with the list. Stop coping and be objective once.

>>8758211
>You might just not understand it properly to understand these changes

Nobody understand the diffrence of jCash and jBond, don't like you are smart child with your 10k Jibbronis

>>8758150
Delusional. It's been overblown but they have a point.

took out a 10K loan for this shit.
Did i get sandniggered?

>>8758290
yes. Ever taking out a loan for a speculative investment.

>>8758290
Possibly. Or you got Rippled and it won't be valuable for years until suddenly it is.

>>8758229
>>8758242
>2 B exchanges
Their exchange listings are still in process and they can't really comment too much on it due to NDA's
>detailed roadmap
The lastest roadmap regarding the various features was released last week on Medium, not sure what kind of a roadmap you were expecting.
>new website with arab language
No news on this
>jCash on launch --> into jCash for institutions. into jBond only
They are undergoing pilots and make the necessary adjustements based on the feedback of their customers and what they discover as they go along.
>they have missed all their own deadlines of medium articles
True enough.
>where is the promised SEED details? still missing
More about this will be discussed in the medium post this week but I doubt we'll get to know much about the specifics due to, again, NDA's and what SEED group allows them to divulge.

So while you do have a point about delayed posts, it has very little to do with the project itself and how their pilots and buisness is doing but rather news updates to token holders. Their focus is on the project and pilots at hand, not constantly holding the hand of token holders who don't even own a stake of the buisness.

As for jCash and jBonds, we know too little about the changes to make an informed evaluation and I recommend you to hold your horses until the new medium post comes out that details this.

>>8758318
Don't worry about that guy, his list changes as we go along. In the past it was unconfirmed SEED partnership, then it was "we don't know how much money SEED is putting into it", now it's a late blogpost.

I trust yazan and Talal know more about economics than people here.

>>8755702
52k reporting in

>>8758540
And that's why we can not trust them

>>8758540
I did but now I don't.

People were saying for weeks that they couldn't understand how it'd work being so volatile and then nearly a year after the ICO announcement they first discover that (after doing some simulations) that it won't work...even the fags on here realised it before they did

>>8758229

Hello.
Please see >>8744055 and >>8744184 and reply to them accordingly.

Instead of avoiding your inevitable ridicule you could face it and begin spiritual and intellectual growth.

Have a nice day.

Hi guys - Original Jibrel fag that brought attention to this via reddit and got picked up on 4chan and then exploded.

Still comfy - knowing that its better than more than 80% of the copycat shit tier projects that are out. I know Jibrel will at least last a couple years. Thats motivation enough for holding this bad boy.

Attaching leddit link: https://www.reddit.com/r/CryptoCurrency/comments/7mcl6p/after_icon_the_next_and_only_ico_don_tapscott_is/

>>8759367
Thoughts on recent news?

>>8759319
>I believe what you said is legit; but still, I think missed deadlines in this project are no reason for solid FUD

What else should be a solid reason to FUD? They haven't delievered anything so far. A lot of empty promises, but at least you agreed on that point.

>SEED group partnership claim confirmation which actually speaks volumes.

You base your only argument on the USP of the project, this is good, but you still don't know anything about the details. We know that they are going to aim 250m and if you still believe in Yazans word then we also know that the majority will be used for jBond.

>As for jCash FUD, we need to see what they plan on doing with jBonds, jCash and their relation to JNT... up until then it's all assumptions

We got a whole medium article and ton of responses in TG that jCash wont be backed by JNT anymore. That's a fact. The volatility problem wont change with jBond, doesn't matter how many diagrams and visual stuff talal is going to use in the next medium article.

>Come at me bro, gimme your arguments. If you have any.
I haven't seen any bullish argument in your "response", but still, here you have my reply.

>>8758346
Obviously you cherry picked one bullet point, which is still delayed to this point. You have zero info about the SEED group partnership...which was promised like how long ago now...2months?

>>8758318
Thanks for the reply, but this project isn't about the tech or the innovation. This is all about connections and trust. So far the team hasn't delievered anything. Will it change? Who the fuck knows, but right now they have lost ton of support even from the JNT bagholders

>>8759438

There's a lot of FUD. Which is primarily due to the fact that there is more questions than there is answers to us investors in this project.

I think the team is stuck between a rock and a hard place. Cryptocurrency we value the ability for transparency to see the code, to see what goes on and give an value to a said project by these metrics.

Yazan and Talal have mentioned it time and time again that there are not like a traditional startup and they would LOVE to share more details of this project but they can't. Why? Regulations. They want to be as financial competent as possible also They can't because they're dealing with institutions. They have their own playbook. Their own rules and practices. Everyone here on /biz/ was fudding at the fact that they couldn't get an amount of the amount of Assets that the SEED group is going to tokenise. They had to wait for the press release statements from the media outlets. They are rules to this lots and lots of fucking rules. When albeit they did release the amount it shocked everyone. 250 million dollars. Most people were hoping for 1 to 10 million. No one foresaw it would be a quarter of a fucking billion.

Understand if they wanted to release it before it was due they could but they couldn't. Regulation. Rules. This isn't a conventional crypto project. What it aims to tackle in it's corner of the wealthy elite world is massive and if you don't think they can deliver leave. It shakes all those weak hands out. IDGAF. I have faith in this team.

Aiming to bridge crypto and conventional banking. Understanding that conventional banking is very hush hush.

in b4 some brainlet tries to argue with me on Jibrel. Don't invest if you don't want. I'm not here to change anyones minds.

Number of wallets went from 7115 yesterday 9am to 7121 right now 24 hours later.
I was pushed back one spot in the rankings. So really not much changed from yesterday, big wallets still accumulating.
Not sure whats going to happen to the market, but if we hit bottom (i dont think we did) you should buy at 0.175 because again if its bottom and we go up from here you're going to look back at these prices and regret not buying the coin this cheap.

Now you better reply with an explanation to why you are so fucking retarded to underestimate /biz/bros pointing out flaws in your fabricated FUD.

>>8759531
While I certainly agree that their pre-existing connections are a big factor in the potential success of the company, I personally don't see it as the main driving point. Their ability to embed financial regulation directly into their token and thereby in many ways automating the function of the regulators is what really seperates this project IMO. In other words, I would say that it is their smart-regulation tech that is the fundamental pillar of this project rather than their connections which only serve to amplify their chances of success.

But yeah I hear you, we as token holders don't really have much to show for our investment at the moment. In fact, I think it's safe to say that all of us are down on our initial investment. Furthermore, the various delays on articles, jCash roll-out etc. are a cause for some concern, sure, but I don't think it's enough to justify the amount of FUD being thrown at this project since it doesn't touch on the core promises that were made. The only real potential cause for concern at this point is regarding jCash and jBonds but again, we know too little to make an informed evaluation so at this point it's purely speculation.

Can we step back from a minute and try to view this from a sane perspective.
Token holders have to be realistic about their expectations in terms of ROI. It's absolutely nuts that the community is growing increasingly disappointed that there hasn't been a return on investment yet. This project is in it's infancy....it's still under development. You can't invest in a project and realistically expect it to make you rich before it's even built.

I get it, the speculative bull run last year spoiled the shit out of us, but that's not how investing works outside of a massive bubble.

>>8760539
You are absolutly right. I think people are just more upset about the price decrease and they could've gotten way more coins than they did. Same goes for me, my first buy (my largest) was @ 0.49. I been buying these dips non stop but if i waited i would've been a whale probably. You're right and its still in its infancy and i wont touch this til EOY and then i will re-evaluate the whole project. Best wishes anon.

>>8760539
Very true.

>>8760560
I feel you anon but it's very easy to be a great investor in hindsight.

>>8760176
Then we will just wait a little bit more and see where this is going. Nobody with a decent sized stack cannot leave the project anyway, even if he wants to

I got JUSTed alright

>>8761792
Chill plankton...

>>8761827
jesus christ that's rough

>>8761827
Jesus Christ, good luck anon. You still feel good about Jibrel long term or are you one of the whales that can't get out?

>>8761827
depends if it was your hard earned wage slave money or internet neet bucks money.

>>8762104
Doesn't matter since there is was / is no option to get out anyway

>>8762175
I wont even ask you why this would make any difference, because your statemenet is dumb enough to speak for itself..

>>8762202
this is what they meant with bigger exchanges would add volatility. Whales would exit asap.

>>8762222
>Those quads
We have found the answer to the liquidity question. Depends on the exchanges though I guess. Bithumb would certainly add stability but I get the feeling the Korean connections are bullshit.

>>8762216
ofc it makes a difference. If you invested 10k a year ago and turned it into 145k and now 45k you are still up from your original investment.

>>8762255
Right, vs. working 10+ years to build up savings.

When you're playing with the houses money, it barely feels like losing.

Lets be real here. This is going to 5 cents isn't it?

>>8762399
Here, let me ask my crystal ball...

>>8762202
Well that doesn't sound like you're positive at all.

>>8762456
Don't you fuck me Crystal ball.

>>8762399
It will. Simply due to the fact that Ether will go to double digits and that JNT is pegged to Ether.

>>8762479
Jokes on you when they remove JNT/crypto pairs and trade solely in fiat. Seriously though they're going to have to do this if they want to fix the volatility problems.

>>8762470
Why would he be positive in the first place?

You can cope all day long, but in the end the price is showing you the direction

>>8762528
In all fairness the market is pretty shitty right now. It is a lot easier to cope with the price going down in a bear market. When the bulls return and everything else is mooning then it's time to really hit despair as people dump it harder for higher value things.

Of course that is assuming it isn't added to Binance or whatever. If it is then when tokenization coins are the new craze it will get a moon from retards speculating.

>>8762528
You can be fucked off about the price but still generally positive about the long term prospects of the coin. Everything is dying, doesn't mean everything is a shit project.

>>8762526
ehm they can't. The issue with being pegged to Ehter/BTC is that most big exchanges do not offer fiat pairs. Jibrel can not decide what the JNT is traded with.

>>8762609
It's already traded with fiat on Palmex. Binance/COSS adding fiat pairs and others will follow.

>>8755702

Officially a shit coin. Heres a bright idea, "decentralized, on chain proof of solvency token where every dollar requires purchase of JNT for that proof of solvency."

5 weeks later, "well crypto is too volatile, so we will tokenize off chain. Project cant succeed with so much volatility, but keep holding JNT that will only be used for auxiliary things and not proof of solvency. Eventually we will reduce volatility in the most volatile market in the universe so we can tokenize a few dollars on chain."

SELL

>>8762528
price movements are irrational... the only thing that matters is if they get things going q3 2018
i still have a piece of speculation with some evidence that may moonshot this thing to hundreds if true

its funny how the board tends to get conclusions based off of price movements

>>8761827
HHAHAHA
Also
>Get

>>8760539
From a sane perspective, a company would have a solid business model and value proposition before raising $30 million.

>>8762609
The end-game is to skip exchanges all-together and buy JNT directly through the app, essentially making JNT the one-stop shop that serves every facet of their customers needs. This will be a requirement if we want to see mass-adoption because the truth is that going on an exchange, buying tokens and then transferring tokens to another wallet is too complicated and "hard" for normies to understand.

Of course this is a distant goal, I don't see it happening before at least Q3 this year. Right now they're building out the various services (jSearch, jNode, jClear etc) and doing pilots to see what works and what doesn't. My point is, we're gonna be stuck pegged to Eth for quite some time but it won't be that way forever.

>>8762650
>still have a piece of speculation with some evidence that may moonshot this thing to hundreds if true
You sound like Teeka

>>8762800
>The end-game is to skip exchanges all-together and buy JNT directly through the app, essentially making JNT the one-stop shop that serves every facet of their customers needs.

this literally makes no sense if you understand what the token is trying to accomplish. It is supposed to be a decentralized bank where you do not get your money from jibrel. Other users are supposed to give you the money since they want the JNT, thus making it decentralized.

>>8762800
What price would the app charge? Market price or a set price?

Even if JNT was traded with USD, there would still be a volatility problem. Maybe not as severe, but still significant

>>8762969
disagree. It would more like a resource or stock in terms of volatily since it is backed by something not not made of thin air like most other crypto.

It is not traditional crypto.

>>8762796
Well yeah, you'd think so.
Did you see some to the shit that was getting VC funding 4-5 years ago in Silicon Valley? Crypto is like that x10.

Can we all agree that this is a crazy bubble?

>>8763020
yah that's what made me kind of irritated with the explanation. adding clarity around the exact role of JNT, the exact quantity of funds being backed, etc would obviously greatly reduce volatility.
Defending against soros type attack is a different problem of course.

>>8763025
Don't think anyone is going to argue with you.

>>8762907
What do you mean? The point is that you transfer USD to your jibrel account and it shows up as jUSD which then can be used to purchase jAssets or whatever. The purchase of the JNT itself that backs up the CryDR is handled on the back-end by the DAO.

>>8762917
I'm not sure exactly how they will go about implementing it but I assume it would work like on any exchange where price is dictated by supply and demand.

>>8762969
Yes, the volatility would still be there but it would be drastically reduced in comparison to its current dependency on Eth and BTC.

>>8763025
It's a bubble but I really don't think it's really started yet. When the market cap of crypto is 5T then I will say we have probably reached the end of the bubble.

>>8763044
But they said JNT backed assets are on-chain only now, so JNT is not backed by anything.

So if you create a jBond with JNT, what’s backing the JNT?

>>8763143
Fairy dust and hope apparently. Possibly the value proposition of having crypto-fiat but that only works if people believe in it real hard. Which if this central bank bullshit they love to go on about is actually happening it would work.

That medium post better be fucking magic.

>>8763143
Did they actually say that? Wasn't that the whole fucking point with off and on chain solvency.

>>8763173
Yeah, fairy dust and hope is the only possible explanation. Doesn’t the fact that these new “cYDRs” are only backed by JNT and not off-chain assets defeat the whole purpose of this project?

>>8763254
jCash requires too much KYC is the given reason so jCash is fiat backed and jBonds are JNT backed. They threw out some shit about hybrid instruments which would be both but again the medium article.

I can easily see this going -50% if that article doesn't dispel a LOT of fud and explain many details. If they don't address the whole SEED thing it is also going to get quite rough.

>>8763254
They did, someone has the telegram screenshot. jCash is offchain and not backed by JNT. And correct me if I’m wrong, but “jBonds” are backed by JNT only.

>>8763316
>>8763349
This medium post needs to be the size of a textbook if they're going to explain all this adequately.

>>8763464
I still find it funny that JNT proof of solvency was never mentioned in the og white paper and that the JNT aspect was like one paragraph instead of several pages.

>>8763535
It's pretty clear to me at this point that they're changing things on the fly to cater to feedback from the pilot along with requests from their clients/advisors. It's not surprising to me that they left their white paper rather vague. These changes are no bad thing for Jibrel adoption.

>>8763535
its on their roadmap and medium articles
>>8763612
this. what fucking startup gets $250 million?

>>8763638
I feel the $250m is being taken for granted lately, it's still fucking nuts. I remember when everyone thought it would be max 50 mil, more like less than 10. Obviously the details are still up in the air as to how it will be tokenised, but a CRYPTO startup getting serious amounts of funding from a state functionary is unbelievably bullish.

>>8763692
yeah exactly - its a quarter of a billion fucking dollars. a similar investment of that size would be when google put 258 million (86 percent of their yearly investment fund) into uber in 2013.

>>8763818
you do realize that the are not investing that money into the company. The VC money Jibrel has is and remains about 30 mil.

It is a bank and a bank also does not own the money of the customers.

>>8763947
Keep in mind it isn’t VC money, because JNT holders are no shareholders. They have no obligation to holders.

>>8763947
all im saying is that this thing doesnt even have a product out for general consumption and someone decided to throw 250 million at it. whether that gets reflected in the mcap or not, thats fucking huge

>>8763692
Everything in this space is nuts, a 5x is considered shit by most and a 10x is "meh". I'm guilty of this too, crypto has fucked up my perspective.

>>8764192
this pic is the perfect example how to generate fud. Just show someone the first bubble and it looks very bad but with the second one it makes perfect sense.

>>8764192
Sensible move, although I would have loved the Koreans to get the chance of pumping it first...

>>8764192
Waiting for brainlets the new spin this story into sth bullish. This is a positive change once again, right lovely bagholders?

>>8764407
>literally who no volume exchange
kys

>>8764407
Coinnest CEO arrested on charges of embezzlement, and Jibrel withdraw their application? Seems sensible to me...

>>8764308
I'm not sure that listing on an exchange whose CEO was arrested for fraud and embezzlement is a particularly good idea

>>8764486
But what about that sweet sweet pump

>>8764407

>>8764588
I still think the two B's they were talking about is Binance and Bithumb, it makes sense since they are going after the korean market.

>the fudders in this thread