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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 14 KB, 303x65, Screen Shot 2018-02-12 at 5.03.38 PM.png [View same] [iqdb] [saucenao] [google]
7603551 No.7603551 [Reply] [Original]

this coin makes no sense people keep saying that the marketcap will be minimum the value of the tokenized assets.

>JNT has 90mil marketcap
>be me, mega jew
>"tokenize" 50 mil of bonds
>JNT now has 140 mil marketcap
>JNT is valued in BTC
>BTC drops 80% in value
>JNT now has 28 mil marketcap
>My 50 mil worth of bonds are now valued at 9.8 million since JNT dumped since BTC dumped

explain this shit niggers

>> No.7603726

It isn't tied to the price of BTC.

>> No.7603738

>>7603726
how many sats in JNT worth?
exactly you stupid fuck

>> No.7603911

It must be very hard being this retarded.

>> No.7603957

You're not a Jew.

>> No.7604212
File: 254 KB, 2044x1522, jibrel flow chart.jpg [View same] [iqdb] [saucenao] [google]
7604212

>>7603551
no answers means this is proof nobody but the founders understand this project. assets are traded out for jUSD so value is fixed. for the JNT question i think they can get around this by introducing jUSD/JNT trading pairs. also the DAO is supposed to pump/hold the value of JNT steady. really though i get what you're saying, the project is fucking financial wizardry and confusing.

like the onchain/offchain arbitrage buzzword Jibrel uses. If the market gets bigger, it should be more efficient, meaning arbitrage opportunities disappear. what would then be the incentive to tokenize assets?

>> No.7604297

is this the coin that can't go above $1?

>> No.7604316

>>7604212
They mention in the whitepaper that you will get interest for tokenizing your asset. Could be better to tokenize your asset in the Jibrel Bank than to hold it at your own bank.

>> No.7604346

>>7604297
no that is link

>> No.7604381

For those who don't understand, see this post : >>7603034

>> No.7604417

>>7604297
no, that meme started with LINK and has moved to JNT for some reason.

>> No.7604425

>>7604381
this unironically cleared things up for me

>> No.7604630

>>7603551
>logo making fun of 9/11
>cofounder openly supports ISIS
>official dinner only serves halal food
>tied to rupee

you're a piece of shit if you buy this coin

>> No.7604701

>>7604381
Wow that's cool
Unironically gonna buy some

>> No.7604745

>>7604381
Made it so much clearer. Those jews know what their doing but it is such a good platform

>> No.7604753

>>7604381
Probably the best way to describe it. Good explanation.