/biz/ - Business & Finance

>>9238610
Everyone who cares already knew. It was in a medium post a while back.

>>9238635
It was, and they expanded on it in yesterdays ama.Jibrel looking more and more like what people thought ripple would be.

>>9238661
what about the part where they said that majoriity of institutes care about jcash.

>>9238703
75% of the seed pilot will go into jbonds (180m)

>>9238748
they cleverly evaded the jassets part and only mentioned the jbond/jcash ratio again

again we
kind of answered this question it's
largely driven by the Institute but
we're seeing that it'll fall under the J
bonds and J cash bucket as what we will
be tokenizing will be largely jcash

>>9238769
what isnt clear about saying 75% of the 250m goes to jbonds?

>>9238610
excellent news i love feature creep

>>9238748

does this mean JNT should be worth 180 mil + speculative value then?

>>9238893
Have you listened to that vid? It would mean 0% goes to jasset and yazan clearly talks about jassets (but mentiones no percentage share) and that they will be purchased by seed.

>>9238840
No j at the end, he said that they will be tokenizing cash.

>>9238969
it means it's trading below book value because people are uncertain about the project. If the market was perfect AND the sheik money was guaranteed, the value of JNT would be no less than that.

>>9238969
Yes.

By the way i figured out who that guy is who sold at the bottom and has been full time FUDing. Carbonat38 on Reddit. I know his telegram name too.

>>9239335
wow that's great maybe jibreal can have it's own bogyman to blame their shit performance on.
Just like those OMG faggots!
JNT and OMG. Delusional till death.

>>9239393
He makes the same spelling mistakes, same sentence structure and uses the same FUD. It literally is mostly one sad little dude.

do I have to hold jnt, jcash, jbonds and jcore now?

>>9238995
because seed isnt piloting their ASSETS.

>>9239393

I get having an opinion that its a shitcoin, I think you can justify it. But doesnt the fact that we will have on-chain proof of solvency for 180 million dollars in the near future not at least make this a decent hold for a small portion of your overall stack? Without speculation thats about 5x from here.

>>9239417
A lot of people sold. You seen the charts today anon? If this shit ever goes anywhere, it won't be for a long time. Smart money has moved on.

>>9239476
We thought that was going to happen in February though....they have never released any details about the time line. For all we know they will still be running pilots this time next year.

>>9239492
Yeah i get that. Personally I'm hoping for the jbond tokenisation to generate upwards price movement. We don't really know the timing of that so i am keeping moderate bags. Personally i think this was main cause of it doubling a little while ago, was steadily increasing even when rest of market was down and correlates nicely with the 5mil jbond they advised was being tokenised shortly.

>>9239476
I literally don't understand the mechanics of the coin and I don't really want to. Your shilling was initially very irritating but now that it's died down I guess I hope you guys don't KYS lol

>>9239529
>i reject knowledge
the absolute state of moonfags

>>9239529
Your post is kind of why this coin is attractive. If a regular on biz like you who probably has a good understanding of crypto compared to the average redditer doesn't really understand this coin it's a sign it may be undervalued. When you combine that with understanding of the tokenomics it adds more support that its probably undervalued.
Is it the best thing you could buy right now? Probably not. But I think holders will be rewarding quite nicely with this one once (or if) it starts achieving further goals with central banks.

>>9239529
I think I get how it works with jbonds.

>rich faggot wants to get richer so be buys jbonds on the blockchain
>rich faggot holds jbond because it's relatively stable and then sells when people fomo Iinto stablecoins
>now slightly richer faggot converts back into fiat
>jbond bagholder sells at a loss to fomo back into crypto
>this happens because JIbrel buddy up with central banks and told them tether is effectively minting their currency
>the entire transaction is conducted via JNT

They in talks with 18 central banks and currently piloting with two. They are working with one of the largest commodity exchanges on the planet to run a pilot and 2 Top VCs are going to use CryDRs in their funding rounds.

They are also a Financial Intermediary and have 250M in SEED money coming in.

There isn't actually much you can fud unless you just accuse them of being outright liars.

>>9239557
Literally me
>>9239606
haha I could be the biggest moron on the board! DESU I just hate tokenised assets on the blockchain, I think it's an ugly idea. I assume in this case it's something to do with getting around Islamic money laws (not meming, they have funny stuff about currency)
>>9239607
thanks senpai

>>9239683
Ah true. I am really bullish on asset tokenisation. I work in finance and this is going to be a complete revolution. Will Jibrel take a decent chunk of this? Hope so but nothing is certain.

>>9239671
This.

>>9239492
"Smart money moved on"

I always lol at this phrase.Real money is where people have so much they can buy and hold a load of promising projects without needing to sell."smart money" is just a biz term for poor person who needs to constantly buy and sell to try and get any meaningful amount to actually do any real investing.The only people selling are people that cant afford to hold.Ironically they nearly always would have been better holding than chasing pumps.The language people like you use is so telling on how little money you have.

>>9239671
Now I'm really convinced they are fudding Tether and trying to hype jbonds as a noncompetitive stablecoin.

>>9239914
Tether FUDs itself, no institution would get involved with that dynamite stick.

>>9238610
I was a bit scared that JNT would be a real coin, but the market says once again something else.

-12% in sats and - 15% in gwei, get rekt you brainlets

Do you really think arbitrage and comfort only would make this coin successful? Nice use case

>>9240619
Man ETH growth the last day has rkt my entire portfolio. Soon to be double rkt by Sunday dip.

>>9238969
No, that's absolutely retarded extrapolation and you don't understand the project. SEED can provide 100 trillion dollars in liquidity, it won't matter for the market cap in the slightest if no one purchases those jBonds.

>>9240753
They have already told multiple times, even in the boring AMA once again, but the cult members wont listen anyway. Institutions prefer the jCash version over the jBond one and that tokenizing amount wont be reflected in mcap.

You can say what you want, obviously the co-founders would try to promote jBond, but it has no real benefit for banks etc over jCash

>>9240753
Absolute FUCKING retard

>>9240914
That's not at all what I said, you fucking brainlet.

>>9240946
>there are unironically brainlets itt who still believe SEED will pump JNT

>>9240973
Sorry Ranjeet but you’re going to have to pay a whole .38-.40 cents to buy your JNT, no discount for you. I know it sucks having to pay a whole months wages just to buy 100 JNT, but I promise it’ll be worth your hard earned rupees.

>>9240958
Was ment for another guy. Sorry mr boyo

>>9240753
This is correct. If the products offered fail the coin will not be worth much. Tokenisation of the 250mil won't happen at once they will need to find institutions willing to buy jbonds as they slowly ramp up supply.
Personally i think jbonds will be an attractive offering and the tokenisation of commodities/jcash/real estate will be even huger.
I'm wondering, with Jibrel creating their own Blockchain, maybe there will be staking?

>>9241006
JNT is literally my biggest holding and my portfolio is most likely 10 times bigger than yours, you retarded child. Please do us a favor and kill yourself, you fucking waste of bandwidth.
>>9241026
Pretty much this. Finally someone not retarded.

>>9241046
how many would that be?

>>9241046
JNT is my biggest holding too. It helps to be realistic on these projects.

>>9241026
Staking was revealed on the telegram by an admin or lower team member, i forget which.It was promptly deleted.Revealed wrong info or revealed too early?who knows.

>>9241154
It was Tarek and he is the Rory of JNT. He can be safely ignored.

>>9241046
I have 190K JNT in cold storage, go ahead and LARP about how much you have Ranjeet, I’ll wait.

>>9241076
Why would I tell you that? So that you can ask for proof or else you'll call me a larp?
>>9241077
Nothing changes long-term in the end. It's still the most bullish project in crypto right now.

>>9241154
I'd rather not run with that until we get something official but it would not surprise me. If the jibrel network gets enough institutions on board I'm pretty confident token holders will be rewarded. There is no incentive for the Jibrel team to sacrifice their token value when they have 100% of their team tokens locked in escrow.

>>9241168
But with jibrel having their own blockchain, staking makes sense.I would have deleted it too rather than field off 4747 'how many jnt to stake" questions per day.

>>9241175
>unironically bragging about portfolio on an anonymous taiwanese jailbait forum
Sure you have, Sanjesh.

0,37c again.

>>9241311
Could double or halve in price short term and i wouldn't sell. This is as long term a project as you can get.

>>9241338
Wouldn't be the first succesful long term shitcoin project..lol

>but this time is different because we say so

>>9241338
I dont really understand this logic.I think what people really mean is this coin will have REAL longterm results as opposed to most coins now where everyone hypes them up, they are nowhere near any kind of adoption but we all pretend they will be huge in the future while knowing they wont amount to much.

If we break down all the potential short and mid term events for jibrel coming up, id argue its a better coin than most to be holding for that time frame.a binance listing, the team tokenizing raising price, wallet release, jsearch and jnode release, dao testing, more partners announced etc etc.all the good stuff still to come.

>>9241370
Name a shitcoin that has accomplished as much as this project in this short of time.
>B-but muh delays
Guess they're too busy pitching to banks, securing deals, becoming a licensed bank, and networking with people and institutions that actually matter to answer the questions that silly NEETs have.

>>9241391
It really does always end up coming back to what I said before. You have to ignore what they have accomplished or just call them liars to fud it.

>>9241425
Exactly, if they accomplish half of what they promise this shit is going to rocket so hard it's disgusting. Don't see why people waste their time even FUDing this shit when its clear that it hasn't even reached the exposure for it to matter whether they FUD or shill. The people who are confident in this project aren't going to be swayed by some brainlet FUD, and 90% of people in crypto don't understand or know about the implications of a project as revolutionary as Jibrel. FUDing retards might as well accumulate because no matter what they say they can't really impact the price.

I mean what can i do with wanchain now?or fusion?xrp?cardano?trx?are they not all longterm too?as far as i can tell i cant use any of them for anything.I think most of us deep down realise the above will release and be like req, people will realise no normal sane person will want to use them.at least not until the world catches up.But jibrel has actual uses that can make banks and individuals money right now.It makes sense.This seperating jibrel as a long term project when everything is a long term project really doesnt hold up to scrutiny.

>>9241470
>90% of people in crypto don't understand or know about the implications of a project as revolutionary as Jibrel
>coming from someone who doesn't understand the jBond mechanics in the slightest and unironically thinks that SEED will be pumping his neetbucks
The irony.

>>9241391
You all don't get it. They can have every single partnership in the world and it wouldn't give any direct value to the token itself. As long as there is no demand for jBonds which is currently the only one investors of JNT need to care, this wont gain any value in the fucking PRICE.

I am impressed what they have achieved so far, don't get me wrong, but as yazan and talal have stated in the AMA (around 24min), the banks favor jCash. Will it change? Hpefully.

>>9241538
We can see your post id

>>9241579
jcash' representation in the mcap is still 20-30%, jbonds for the rest. deluded

>>9241583
What are you implying, you mouthbreathing retard?

>>9241589
>What is demand and supply 101

>>9241605
Brainlets itt unironically think that SEED providing liquidity will somehow pump their neetbucks, even though Talal clearly stated that JNT value will be derived from the network usage, i.e. the demand for jBonds.

>>9241579
Then what does that tell you?they said traditional banks like jcash, that more modern crypto friendly banks like jbonds.The split is 75/25 towards jbonds.Which type of banks are they most likely dealing with and expecting the most business from looking at the above facts?the clues are there if your iq is above 100.

I am convinced the only reason Jibrel threads survive this long is because of people arguing.

>>9241636
That split you are talking about is the liquidity provided by the SEED group which doesn't reflect the demand of banks at all.

But hey...in the end we will see how it plays out after the first succesful pilots? Therefore let's chill a bit, just providing another point of view

>>9241659
There would be no need to argue if brainlets who don't understand the project didn't constantly perpetuate their retarded bullshit.

>>9241538
I don't expect the jBond mechanics to pump the price directly sperg, what I expect and understand is for the FOMO to kick into high gear once plebbitors and normies realize that this shit has accomplished 10x more than any other shitcoin project and has potential exceeding 99% of all other shitcoins. If you don't think this shit will be $10+ within the next year you are absolutely deluded.

>>9241681
You are making no sense.You put the liquidity where you expect the demand.

>>9238610
JUST

>>9241705
The nature of jBonds require more liquidity anyway because of arbitrary reasons.

It's going to be a long and quiet next few weeks with nothing but shitposting isn't it?

>>9241695
Yes, you absolutely did. >>9240946
It's better if you stop posting altogether, you're only digging yourself further, brainlet.
>what I expect and understand is for the FOMO to kick into high gear once plebbitors and normies realize that this shit has accomplished 10x more than any other shitcoin project and has potential exceeding 99% of all other shitcoins
This is exactly the crap people kept posting for 6 months about REQ mainnet.

I'm so fucking tired of holding my jnt bags friends. They are missing every deadline there is. Absolutely nothing happening, no new exchanges, no new releases. Telegram is full of retarded memers. Why did i fall for this?

>>9241747
The sad thing here is the market has got more advanced with way more big players.Fudding really doesnt do anything like it did 6 months ago where 4chan neets actually had some power.Rather than everyone working towards some common goal you get idiots ruining threads still believing they can influence the market.Delusion at it finest.

>>9241780
>Telegram is full of retarded memers.
I'll give you that. (You) well deserved.

>>9241757
>Comparing a shitcoin like REQ to JNT.
Even ignoring the massive differences in the scope and potential of projects like REQ compared to JNT, did REQ not pump from a price of 0.02cents to over a dollar? Even now it sits at a price of 38 cents which is substantially higher than its ICO price. JNT for comparison is not even twice the price of ICO. But please keep calling others brainlet instead of trying to refute anything.

>>9241489
I consider this a long term project for the following reasons:
>it’s a complicated project. I work in finance and it took me a while to understand it. This isn’t as simple as ‘this is a platform that runs 10,000x faster TPS than ETH, ETH is worth $76B.. do you hate money?’ People like to invest in what they understand which is why we see stupid valuations for projects related to gaming. If only people working in the industry understand the problem being solved and how effective the solution is likely to be, how likely is this to attract uneducated investors? Anyone who doesn’t really understand this project is likely to hold off until the proof is revealed (i.e. long term institutions actually buying jbonds/tokenizing assets).
>The team are doing no marketing, they have stated they are looking to build a product instead of wasting time/funding on marketing. Marketing/community engagement builds support and loyalty for a project which helps short term price. Not doing those things is a good indicator that while the price ‘might’ rise short term, its not the focus. This feeds into the prior point, if the team are not doing much marketing to FOMO the masses less of them are likely to understand and want the project.
In my opinion the only people buying this are those who have the technical skills or extensive research to understand the project and those who don’t but are happy to take the word of other ‘experts’ that everything is going to rain lambos. The later group will fall to FUD very easily because they can’t critically analyse the FUD against their own understanding.
I’ve got no hate for anyone who doesn’t want to invest in JNT. The next year is going to make a lot of people who’ve backed a lot of different projects very wealthy. Theres room here for all types frens.

>>9241757
Req serves no purpose currently, people arnt ready for what it provides.Jibrel on the other hand has rich individuals, companies and banks chomping at the bit for a safe way to make money from crypto.You are comparing apples to oranges.

>>9241311
0.37 dollars, not 0.37cents you retard

>>9241800
>shitcoin like REQ
Digging yourself further yet.
>did REQ not pump from a price of 0.02cents to over a dollar?
It never was lower than $0.035, dumb newfag, and it absolutely does not sit at $0.38 right now, but only dumped in the ranks since the mainnet release. 300% since ICO in over 6 months is a good performance according to you? Goes to show how new are you.

I refuted absolutely everything you said. Nice selfie there, you subhuman retard.

>>9241863
I know you're a faggot newfag so maybe you aren't familiar with an exchange called etherdelta where REQ was trading around 2c after a massive post ICO dump. I did mistype the current price but a USD gain of 4.25x for a garbage shitcoin like REQ when JNT isn't 2x ICO price means the potential is still there which is the point I was trying to convey. Anyways neck yourself mongoloid newfag.

>>9241818
You're proving my point though. Read what I was responding to.
> what I expect and understand is for the FOMO to kick into high gear once plebbitors and normies realize that this shit has accomplished 10x more than any other shitcoin project and has potential exceeding 99% of all other shitcoins.
REQ has indeed accomplished more than 99% of all other crypto out there and has 100 times higher upside than most. Yet it didn't matter at all. It only dumped further, if anything. It's all about the hype and real use case doesn't matter in this speculative market. No crypto has any meaningful adoption at the moment.

JNT has probably the best token economics out there, so if it sees adoption, it will do well even without speculation.
>>9241896
>hurr durr you're the newfag you newfag
You've lost it, haven't you? Stay mad faggot.

>>9241951
>duhhhh I've been refuting all your points stop embarrassing yourself on an anonymous image board
Comes up with this garbage as a response. You make me fucking sick faggot.

>>9241780
No hard feelings fren but you should seriously sell and back sometime you do understand/see potential in. Last 2 weeks have been full of good info.

>>9241979
>being this much of a sperg

>>9241999
Just gonna leave this here. Might help your peanut brain comprehend why REQ didn't moon like you so desperately wished it would.

>>9242031
You unironically being so angry on a korean hand puppet forum is hilarious.

>>9242061
I just want your affection anon. My friend told me that negging usually works so I'm trying to get you nice and heated so you put out for me. I don't want you to ever think I'm angry at you anon, in truth I feel quite the opposite.

Now that's just embarrassing. Doesn't even deserve a (You). Are you sure you don't want to go back to telegram?

>>9242140
Don't be angry anon I just haven't flirted with too many girls as cute yet independent as you. I want to spread apart those greasy thighs and make you forget all about your massive losses in that silly crypto coin Request network. My older brother (pic above) is even friends with Talal so he can get us a double date with Yazan and Talal.

Trying too hard, newfriend.

>>9242195
Oh so now you try to play coy? Where is that delicious impotent rage when I want it the most? You'll come around eventually anon, I know the thick bulge in my pants is keeping you sticking around in this thread.

It's the pure entertainment your unconcealed anger and newness provides, that makes me stick around.

>>9242246
>>9242208
when moon sirs

>>9242363
I'd give it about 3.5 weeks anon. My big brother says Talal softly whispered into his ears that the biggest announcement in the history of crypto (even bigger than the massive pornhub partnership ripple had) will be announced in 3.5 weeks. If you can hold on for that long you will be rewarded with a bounty of gold bullions.

Shitty project, shitty performance and don't appealing to crypto investors, because this will never give a decent roi

>>9242727
Sirs ...not appealing*
don't call me a pajeet, sirs pls

>>9242727
Yes yes exactly ...

>>9242727
>Calls project shitty with no justification
>"don't appealing to crypto investors.." because pajeet can somehow see into the future and know the ROI that a groundbreaking project like JNT will provide
>Die pajeet

>>9242807
>Defends project shitty with no justification

You have something in common

>>9242908
Read the posts above brainlet retard faggot horsefucker. If I take the time to explain this project to every illiterate pajeet that stumbles upon this gem i'll be on this godforsaken website for months.

>>9242935
You already have 16 posts in a single thread. I think, that you are already doing exactly that.

>Mr., what's your opinion on the jCash / jBond controversy?

>>9242950
Since it's a necessary adaptation and 75% of the sheik money is still going to jbonds I think the controversy isn't that big of a deal, it is unfortunate that they switched things up but at the end of this day the project is still doing great things.