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I just rewatched JNT conference Anonymous Mon Apr 2 21:20:30 2018 No.8714699 [Reply] [Original]

To boost me up again.. and guess what...

What do you see? Well the co-founder with nike adidas shoes who has no idea what he is saying, and towards the end of the video - has a big smirk on his face on his way out.

I feel so pajeet'd. Why did I fell into 4chan memes.

https://www.youtube.com/watch?v=ADMPiCfv0fU

Listen from halfway through the end.

>>	Anonymous Mon Apr 2 21:26:45 2018 No.8714793 File: 3 KB, 125x99, 1522357663516s.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Apr 2 21:37:29 2018 No.8714946 File: 54 KB, 793x786, 1520037539525.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Apr 2 21:40:35 2018 No.8714988 File: 38 KB, 615x416, lead_large.jpg [View same] [iqdb] [saucenao] [google] yeah, what kind of business can a man with trainers build

>>	Anonymous Mon Apr 2 21:41:38 2018 No.8715005 File: 2 KB, 113x125, 1522606170230s.jpg [View same] [iqdb] [saucenao] [google] >>8714988 Look at his body language.

Anonymous Mon Apr 2 21:47:57 2018 No.8715086

NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS NOT LIKE THIS

>>	Anonymous Mon Apr 2 21:49:23 2018 No.8715108 and i thought id regret dumping at 15 percent loss. Never fall for Biz memes

>>	Anonymous Mon Apr 2 21:53:14 2018 No.8715166 >>8714988 >implying this faggot built anything Dude was just a salesman.

>>	Anonymous Mon Apr 2 22:05:04 2018 No.8715348 File: 3 KB, 125x100, 1522444952676s.jpg [View same] [iqdb] [saucenao] [google] :(

>>	Anonymous Mon Apr 2 23:17:44 2018 No.8716293 >>8714699 At what part in the video you see the co-founder. I just watched the whole thing and the only thing i saw was the speaker. Could you tell me the exact time

>>	Anonymous Mon Apr 2 23:23:57 2018 No.8716365 >>8716293 anon, i...

>>	Anonymous Mon Apr 2 23:24:52 2018 No.8716376 so is Jibrel gonna be the next Centra? Since they made promises they don't intend to keep?

>>	Anonymous Mon Apr 2 23:26:22 2018 No.8716390 >>8714699 I've unironically been picking up more at this fat discount. Keeping up the good FUD my man, I'm almost at 200k Jibbies and I'm eager to be able to live out the rest of my life as a comfy NEET by the end of this year.

>>	Anonymous Mon Apr 2 23:29:14 2018 No.8716431 >>8716390 These fuckers are going to kill the coin with all this fake FUD. Its not funny anymore

>>	Anonymous Mon Apr 2 23:39:41 2018 No.8716578 >>8716431 you literally can't kill it. it doesn't rely on normies or neets at all, just institutional wealth. the entire "jnt community" could sell right now and they'd still be fine

>>	Anonymous Mon Apr 2 23:49:09 2018 No.8716699 >>8716578 I would ironically moon faster because they would just buy all the coins for nothing and control the growth completely.

>>	Anonymous Tue Apr 3 00:00:42 2018 No.8716829 >>8714699 Oh my god That ticker behind him With all the cryptos bleeding out Every one in red At a presentation to PROMOTE a crypto Jibronies, what have you done?

>>	Anonymous Tue Apr 3 00:08:08 2018 No.8716931 >>8716829 crashing this plane with no survivors

>>	Anonymous Tue Apr 3 00:14:31 2018 No.8717012 >>8716829 It's going to be a reverse bancor.

>>	Anonymous Tue Apr 3 00:20:04 2018 No.8717095 >>8716931 >>8717012 When is their next medium article? I unironically think that could be the start of alt capitulation season unless btc takes off beforehand.

>>	Anonymous Tue Apr 3 00:21:21 2018 No.8717112 >>8714699 that's what you get for investing in a coin with a millennial African American name.

>>	Anonymous Tue Apr 3 00:32:55 2018 No.8717267 File: 771 KB, 1891x771, mentioned.png [View same] [iqdb] [saucenao] [google] JNT is mentioned as proof of solvency in front of hundreds of crypto investors in a big conference. How likely is is that they will completely abandon it?

>>	Anonymous Tue Apr 3 00:48:14 2018 No.8717488 File: 36 KB, 629x504, 1521736896478.png [View same] [iqdb] [saucenao] [google] >>8717267 Bitconnect represented themselves as legit multiple times in front of thousand of people. The rest is history.

>>	Anonymous Tue Apr 3 00:59:13 2018 No.8717637 isn't proof of solvency retarded in the first place? If a financial institution tokenizes $1 million by depositing with Jibrel, why the fuck do they have to prove "solvency"? What is Jibrel's definition of solvency?

>>	Anonymous Tue Apr 3 01:01:13 2018 No.8717670 they only way this works if ownership of assets never transfers. In which case this shit is not even tokenizing assets, but an over-collateralized asset backed loan

>>	Anonymous Tue Apr 3 01:03:16 2018 No.8717700 imagine depositing $1 million at your bank and them asking you to prove you are solvent by depositing $1 million more. this shit is beyond stupid.

Anonymous Tue Apr 3 01:19:51 2018 No.8717936

>>8717670

yea makes sense.

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.

>>	Anonymous Tue Apr 3 01:31:11 2018 No.8718063 Jibrel is the new DBC

>>	Anonymous Tue Apr 3 01:50:57 2018 No.8718304 >>8718063 It is like a shitty version of DBC that nobody here made any money on lol

Anonymous Tue Apr 3 01:56:52 2018 No.8718371

>>8717936
>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.

yeah, makes you wonder how they will be able to hire the expensive staff needed to run this "DAO", provide liquidity, and maintain a coke habit.

Don't say SEED retards because that's what supposed to be tokenized right?

>>	Anonymous Tue Apr 3 01:57:10 2018 No.8718376 >>8717095 they said this week but I'm not betting on it

>>	Anonymous Tue Apr 3 02:01:04 2018 No.8718426 can we pump it like this >buy jnt >lock jnt to mint jbond - jUSB >buy more JNT with jUSB >mint more jUSB >repeat

>>	Anonymous Tue Apr 3 02:08:13 2018 No.8718508 >>8718426 what about "proof of solvency". Double capital down is Talal's words.

Anonymous Tue Apr 3 02:18:44 2018 No.8718640

>>8718508
nobody knows yet, medium article is supposed to clear it up.
jbonds are the new proposal with on chain solvency only. no doubling down. it's available for everyone, not just institutions. i can be misunderstanding the telegram chat though, and nothing is official

Anonymous Tue Apr 3 02:19:57 2018 No.8718654
File: 54 KB, 645x177, Up2YjRn - Imgur.png [View same] [iqdb] [saucenao] [google]

keep in mind Talal's statements imply that institutions will somehow exceed around 10% return on capital by tokenizing even though double capital is required. how? who knows.

>>	Anonymous Tue Apr 3 02:21:40 2018 No.8718670 >>8718640 that would mean proof of solvency is no longer a thing then. they already said its offchain only for jCash

>>	Anonymous Tue Apr 3 02:26:23 2018 No.8718719 and thus, the 2nd generation of DBC bagholders, were made, my children.

>>	Anonymous Tue Apr 3 02:30:19 2018 No.8718766 It is kind of hilarious the only topics on this board about JNT are FUD. It has zero volume as well.

>>	Anonymous Tue Apr 3 02:48:38 2018 No.8718949 File: 157 KB, 1080x1920, IMG_20180403_084707.png [View same] [iqdb] [saucenao] [google] You jibrel shillers have heavy bags huh?

Anonymous Tue Apr 3 02:51:55 2018 No.8718986

>>8718949
I should have sold as soon as I saw it dip under the pre-SEED announcement
between the bear market and the shit bot ridden exchanges there's no reason to hold it for now

I've heard the biggest wallets are accumulating but I'm too lazy to check

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