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/biz/ - Business & Finance

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10915428 No.10915428 [Reply] [Original]

People have noticed that at times the USDT pairing on gate.io dominates the volume for this coin, most notably in may when it caused the price to pump to nearly 60c. My personal opinion on this is that Jibrel is buying JNT for proof of solvency from here. The main clues being USDT (they liquidated their ETH right after ICO) and the fact that gate requires KYC which fits in with Jibrels own adherence to regulations. Logically, who else would it be? Normal whales would use binoculars as it's the bigger exchange and would normally buy with BTC/ETH. Now for some more speculation, looking at etherscan the top 3 wallets are all gate wallets. They have been accumulating for months (walletbro has been pointing this out for a long time). Seems like further proof of it being Jibrel themselves. So, just how much jCash can Jibrel issue assuming this is their JNT? These wallets have around 32mm tokens, worth $3.2mm USD. This would allow them to issue around $4mm in jCash (remember only 75% JNT backed). That a rather small amount, but still they have a large reserve of JNT for if the price increases. My only problem with all this is I can't imagine why Jibrel would keep their own JNT on an exchange. I'm not really sure who else this can be though, I mean they've been buying JNT for months and months on a strange exchange under a strange pairing. Any thoughts? Of course it may not be Jibrel themselves but one of the so called "liquidity providers"

>> No.10915439

>>10915428
*Bibox not fucking binoculars

>> No.10915444

>>10915428
I dont know anything about that shitcoin.
But I noticed that gate.io is behind the last doge pump, traded against usdt not btc.

I find it strange but actually I cant say anything more to it.

>> No.10915488

>>10915444
That is strange. Maybe JNT is not special in this regard, although it is not a recent thing for JNT. Has happened in may before.

>> No.10915543

Ever since i invested in this i have to just sit down in the bathtub when i shower

>> No.10915579

>>10915543
Sorry about your loss.

>> No.10915614

>>10915579
Im about break even on this

>> No.10915698

>>10915614
You're one of the lucky ones, pretty sure you've bought the literal bottom if so.

>> No.10915732

>>10915698
I unintentionally laddered my buys and day traded the shit out of it. I bought at 60,30,25,20,15,10 slightly larger buys closer tobthe bottom

>> No.10915845

>>10915732
Good work anon, I will be buying more soon I hope it stays at this price for a little longer.

>> No.10915997

>>10915845
Don't worry buddy we'll make it, try to get in soon though things seem to be cooking up near the 7th-15th of september.

https://www.youtube.com/watch?v=3dpuIMLugCw

>> No.10916058

>>10915997
Cryptic. I will have more but won't be finished by then. Mind giving a few more details?

>> No.10916089

>>10915997
larp again...

>> No.10916094

>>10916058
Not really cryptic, not for jnt really but more for btc and some other coins are looking more optimistic. I really do want to go off but I also want to smoke a bowl and go to this restaurant where he owner only hires cute girls kinda like lynch and twin peaks. I have a bad habit of waking up right before work and not having enough time to eat good food ive had the shits lately. I can't even post from work they blocked 4chan

>> No.10916122

>>10915428
Gate is owned by bitfinex.

Bitfinex prints tether, pumps alts, sells for btc, liquidate to real usd. Rinse and repeat.

>> No.10916128
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10916128

>>10916089
my life is a larp

>> No.10916240

>>10916094
What drugs are you taking
>>10916122
That's interesting I didn't know they were owned by bitfenix. This could be it.

>> No.10916293
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10916293

>>10916240
Moloko plus my dude. Jej I'm also going to put one of those trip name things because I know it gets lots of people riled up. Because I have many pear trees. C u l8t-r a-li-g8-or

>> No.10916429

>>10916293
Never a dull moment in Jibrel posts

>> No.10916455
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10916455

>>10916293
how many pear trees fren

>> No.10916847

>>10915997
I'd has doors in it. very zen!
I love JNT!!!

>> No.10917378

Realistic price predictions in the next years?

>> No.10918104
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10918104

$100 eoy

>> No.10918949

>>10915428
Wheres that faggot that said jCash will come out in South America ahahahahahaha fuck

>> No.10919423

Test

>> No.10919452
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10919452

>>10916455
Mayb 20, I hvae cherry tree and apple too.

>> No.10919691
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10919691

>>10915428
>he thinks the team will waste their real money to buy back a useless token or even cares about some proof of solvency
AAAHHHAHAHAHAHAHAHAHAHAAH

>>10917378
look up asymptotes going to 0 on google

>> No.10919828
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10919828

>>10919452
I wish you many orchards from JNT gains