/biz/ - Business & Finance

[Anonymous No.8998982]

>at minimum quarter of a billion in investments lined up, most of which will be reflected on the prrice
>$38M market cap in a market where scam vaporware shitcoins have caps in billions
>organized FUD threads 24/7 for months
hmm gets those neurons firing, doesn't it, anon?

[Anonymous No.8998993]

>>8998982
>He thinks there is organized FUD
This just in people shit on things constantly for no reason.

[Anonymous No.8999123]

>>8998993
There is a difference between meme FUD (i.e. LINK and REQ) and organized FUD comprised of shallow lies and deceit that is aimed at JNT.

[Anonymous No.8999162]

>>8998982
arabs, do I need to say more?

[Anonymous No.8999187]

>>8999162
>

[Anonymous No.8999210]

>>8999187
yeah but they're muslim and shit. also, they dress funny

stay away!

[Anonymous No.8999238]

>>8999210
nice, just sold 100k

[Anonymous No.8999400]

>>8999123
>It is only meme fud if I don't care about it
Retarded fud happens to every coin. JNT is not special in that regard. You have tunnel vision if you think JNT is the only thing being slandered on this board.

[Anonymous No.8999427]

>>8999400
>JNT is the only thing being slandered on this board
Never said that brainlet. You're the one with tunnel vision if you think JNT was not getting the most FUD of any crypto during the past few weeks.

[Anonymous No.8999452]

>>8999427
Tbh, they partly deserved that, missing deadlines etc. Personally, I'm feeling OK with my small stack.

[Anonymous No.8999458]

>>8999400
Not to mention there are pajeets who, aside from making daily FUD threads for weeks on no end, spend literally half a day in said threads fudding the shit out of it.

[Anonymous No.8999476]

>>8999452
Missed deadlines is just the tip of the FUD iceberg. Most of it is made up bullshit about the network mechanics which were all addressed in the medium posts.

[Anonymous No.8999502]

>>8999427
>JNT was not getting the most fud in the past few weeks
It wasn't though. You just can't see outside of your little bubble.

[Anonymous No.8999523]

>>8999502
So tell me a single non-shitcoin with more FUD than Jibrel.
>inb4 XVG

[Anonymous No.8999526]

nobody organizes the fud
they just don't like your scammy arab garbage

[Anonymous No.8999574]

>>8999526
>you don't like something
>now you're going to spend 10 hours each day shitting on it on an afghani goat-herding forum

[Anonymous No.8999577]

I will add that it is a very 'arab' thing to take special offense at your project in particular being shit on. You retards have the most fragile egos on the planet, and try to turn any slight against you into an international incident.

You can't cope with bantz. At all.

[Anonymous No.8999586]

>>8999523
>Instantly backtracks when it is pointed out that he is flatout wrong and then tries to put arbitrary limitations
So your response was to move the goalpost and then claim that I could only pick non-shitcoins being fudded with the implication that anything that was fudded more than JNT was by default a shitcoin.

You are deluded and I have more JNT than you will ever have.

[Anonymous No.8999610]

>>8999574
I haven't seen a single dedicated jizzbell fud thread. Only JNT shill threads that people shit on because they are annoyed by the spam, dishonest marketing, and annoying faggotry by retards like you.

So basically you create your own fud by spamming this shit all day long, giving /biz/ users plenty of opportunities to express their dissatisfaction with the project.

Dumb as fuck.

[Anonymous No.8999686]

>>8999577
I've been a Linkie since early November you fucking retard. Do not lecture me on 4chan bantz you fucking faggot. It's clear that each and every one of them is an outsider.
>>8999586
Not moving the goalpost, legitimately asking for an example that is not an obvious scam. You proving me wrong by replying with Verge or any other bitconnect-tier scam is dishonest as fuck. You explicitly assuming that I will claim any and all examples you provide to be a shitcoin by default, just to win this meaningless argument, only goes to prove that you can't name one.
>>8999610
(You)

[Anonymous No.8999846]

>>8998982
So how is the 250m going to reflect to the price of JNT? It's only being used as a gas, not as a collateral.

[Anonymous No.9000030]

>>8999846
around 80% of the 250m will be reflected in the mcap

[Anonymous No.9000066]

>>8999846
See - this is what I'm talking about. Next he'll challenge me to prove him wrong, to which I'll reply with the link to one of the medium posts or Talal/Yazan's telegram posts explaining jBonds, only for him to move the goalposts to 9 years old Sheikh or some other crap.

[Anonymous No.9000089]

>>9000030
Interesting. I don't quite see it, but on the other hand I've not researched it so thoroughly.

[Anonymous No.9000130]

I feel totally comfy,
if you know what I mean.

[Anonymous No.9000426]

You know, JNT stands for Josh Network Token. It's a network gas token but it's going to get listed on Binance because Josh is a friend or CZ. Watch CZ's talk at the Jibrel conference- he specifically attended just for Josh. That's how important Josh and his token are.

[Anonymous No.9000705]

>>9000066
Why would you bother so much? I holding 320k myself and regularly FUD this coin. That's how the 4chan rules are and JNT isn't that hard to FUD, given all the missed deadlines. Will it matter in the end? Not at all.

Nice digits btw

[Anonymous No.9000752]

There are a few reasons Jibrel is shit on endlessly on Biz.
1. It was shilled an awful lot for a few weeks.
2. People feel betrayed by the medium post.
3. Some people hate Arabs
4. Recent bottom sellers getting angry. Anyone that was here on the night of the medium post will remember a lot unironically sold, since then it has recovered and been approved by FINMA.
5. Holders that shit on it for fun, you can usually spot these as they'll say something that's totally wrong ie gas token or 9 year old Shiekh.

[Anonymous No.9000845]

>shill your shitcoin constantly
>cry about getting FUD

[Anonymous No.9000853]

>>9000030
delusion

[Anonymous No.9000869]

>>9000066
>28 posts in thread
>11 by (you)

This is why we fud jnt. Because it triggers you shitweasels.

[Anonymous No.9001461]

>>9000869
It's his thread, so obviously he would have more.

>>9000853
That's the facts right now. Delusional is your response.

[Anonymous No.9001495]

>>9001461
>facts
prove it lad

[Anonymous No.9001548]

>>9001495
Read their latest medium post and you got your prove

[Anonymous No.9001647]

>trusting something involving arabs AND jews

[Anonymous No.9001789]

>>9001647
>someone tokenizes funds for an initative involving the israel-gaza border

>JNT immediately implodes

[Anonymous No.9001805]

>facebros on /biz/

[Anonymous No.9001967]

1 billion market cap will make this only be 5-6$

do you guys think it will get a lot bigger?

actual brainlet holding 30k here, just asking because I need at least a million to make it and 180,000$ is not enough

[Anonymous No.9002057]

>>9001967
>He fell for the weird millionaire meme.

[Anonymous No.9002062]

>>9001967
Every dollar put into a coin increases the market cap by 50 Dollars.

If SEED tokenizes $200MM, it means the market cap will increase by $10B.

16k JNT here. If it won't make me rich, I will honestly kill myself.

[Anonymous No.9002085]

>>9001967
You need it to hit around 5 Billion. Could it? Sure. Will it this year? Not likely.

[Anonymous No.9002143]

>>9001967
of course it will get a lot bigger. it will be fucking huge. imagine when these other rich oil money dubai motherfuckers see what SEED group has successfully pulled off. dubai itself is trying to put its government on the blockchain. jibrel is literally operating out of the office of one of the richest dubai sheiks. not to mention the fact that they just got licensed to be a legit financial institution, something only a few crypto companies on earth can claim. meanwhile tapscott has been traveling all over europe shilling jibrel to major players, and word on the street is that they have some very legit institutions on board already besides SEED. plus they haven't even started marketing to normies, what we're seeing reflected in the price now is solely based on a few autists scattered around. wait until this shit gets more mainstream attention and people actually realize what jibrel is trying to do. if the next couple years are as remotely bullish as late 2017, i would not be surprised if JNT was a top-10 coin with a price of 1K per token by EOY 2020

[Anonymous No.9002177]

>>9002062
$1 Dollar put into the market increases the entire market by around $25 as an average. Not per coin.

If SEED puts $200m into jBonds and it requires the proof of solvency they've described they don't actually need to put the entire $200m into the coin. They only need to put enough money in to make the value of the JNT the DAO holds worth $200m.

The largest wallet that doesn't look like an exchange has around 9.3 million JNT. For them to tokenize $200m that 9.3m JNT would need to be value at around $21.46 which would put the market cap of JNT at 4.2 billion.

But it won't happen like that. Because even if they put $200m into jBonds (which I don't think they will) it would drive the price up while they are acquiring more coins. It also assumes they don't have a larger reserve spread across multiple wallets.

[Anonymous No.9002305]

>>8998982
9am wallet guy here.First thing you'd notice if you've been following is the increase in volume, almost a million dollars worth of volume in the last 24 hours and i am not sure its due to the project itself or because the market is on fire right now, not sure but it is significant.

9am wallets today 7100
9 am wallets yesterday 7087, increase of 13 wallets, same as yesterday and again i was pushed back another spot, so nothing crazy

Bibox wallet:
0xf73c3c65bde10bf26c2e1763104e609a41702efe
9 am today has 6096358
same wallet yesterday 6726784, moved a net of 630,426 coins which is huge, yesterday it moved a net of 300k and today its double. They are down to about 6 million coins and if this keeps going they will run out within few weeks.

Gate.io wallet:
0x05EE546c1a62f90D7aCBfFd6d846c9C54C7cF94c
yesterday it had 18334521
today it has 18671805 and thats an increase of 337284 and thats the second day in the row where they are consilidating wallets and moving wallets in
One thing to mention is they only sold over 100k on gate.io but sold over 600k

Nothing changed here, i think we will see significant price movement in a month or so when the Bibox wallet is low. As always hodl the fuck up, lets all get rich

[Anonymous No.9002362]

also shameless shilling, but i i bought in heavy yesterday into SENC. Been following them since they partnered with Vechain, this is like buying Vechain around ICO price. Look into it this is a guaranteed 10x if not more. Have a good weekend fellas

[Anonymous No.9002372]

[Anonymous No.9002386]

>>9002362
>Volume trailing off.
>Price dropping.

We aren't buying your bags. Sorry you bought the top. Either hold through it's correction or take the loss.

[Anonymous No.9002449]

>>9002386
wtf the fuck you talkin about, i clearly said the volume is increasing significantly you can easily verify that
price is increasing you faggot but not as much as other coins
i dont want you to buy my bags you faggot, i am already up if i sell today but i aint selling. This is going to make me rich

[Anonymous No.9002502]

>>9002372
2018: FUD everywhere, "Am I sure to hold it?"
2021: "Why didn't I go all in back in 2018?"

[Anonymous No.9002513]

>>9002449
>cope

[Anonymous No.9002528]

>>9002386
ohhh i thought you're talking about JNT. I apologize and yeah i dont give a fuck about SENC volume or price decrease, still a guaranteed 10x

[Anonymous No.9002534]

>>9002449
>Didn't mention volume in OP.

It sure looks like you bought the top of a run if you bought it yesterday. It might be a solid coin, but I would've waited a week or two as it looks primed for a correction.

[Anonymous No.9002572]

>>9002534
I bought at 0.14 so i am up already, stored them in a wallet and their road map says q4 2019 so i am extremely early. You can wait bud, but ill gladly dump my bags on you later on when you FOMO in

[Anonymous No.9002616]

>>9002572
I'm sure it'll be a good choice for you. But I won't be FOMOing into it. Already have smaller cap coins that I believe in and have done the research on.

Funny thing is.. if I really liked SENC I could probably wait a week and get it at a lower BTC price than you paid.

[Anonymous No.9002635]

>>9002305
Thanks walletanon, your research is much appreciated.

I hope we both will get rich.

[Anonymous No.9002681]

>>9002616
good luck to you anon in whichever coin/coins you're in
i only buy with fiat, so i really dont pay that much attention to sats. You're probably right about the price decreasing a little (ill buy more) but in the long run .15 will be extremely cheap, its only been on the market for 17 days, years from now the price today will look like a robbery. have a good weekend anon :)

[Anonymous No.9002688]

>>9002305
based autistic wallet anon

[Anonymous No.9002715]

>>9002688
dubs for the win, love you too anon

[Anonymous No.9002720]

>>9002681
If the fiat price moves while the sats don't it simply means Bitcoin is rallying and not JNT

[Anonymous No.9002748]

>>9002305
how much are you holding btw? we need that info so we know what it means if you were pushed back one spot

thanks

[Anonymous No.9002762]

>>9002720
personally dont give a fuck about sats, i do understand where you coming from but i only buy with fiat so thats the measure i look into, i dont really care if it moves up/down in sats because when i cash out the only thing i care about is fiat. I buy with fiat, hodl, no trade, cash out. I dont care what happens to BTC honestly

[Anonymous No.9002787]

>>9002748
between 40-50k. Thought the FUD would bring it down to 0.10 but unfortunatly it didnt, wanted to load up big time. My avg. buys are @ 0.24 meaning if i sell today i am up, but i wont touch this til EOY, thats when i'll re-evaluate the whole thing.

[Anonymous No.9002801]

>>9002688
Thank you based anon wallet. I read your posts and smile everytime.

[Anonymous No.9002849]

>>9002720
the timing has really been perfect for us with jibrel.The bear market meant we were able to get it at ico prices, when had this come out in nov or december it would have gone to 3 dollars in a flash.Plus as nothing has been going up its been easy to hold, now the market is showing signs of life again just when jibrel is starting with the flood of good news that will start in just a few weeks continuing on to q4 and beyond.Binance, marketing, tokenezing, the dao, banking license, more deals etc.The bear will have made alot of us filthy rich being able to get jibrel low and hold it.

[Anonymous No.9003042]

It's mooning. :-)

[Anonymous No.9003180]

>>9002849
exactly this. we were unimaginably lucky to have had a major bear market right at the crucial moment. i would have 1/10th of the JNT i have now.

>>9003042
sauce on that house? i want something just like that.

[Anonymous No.9003671]

Where's that Binance listing tho boi's

[Anonymous No.9004182]

Damn this thing is mooning

[Anonymous No.9004201]

>>9003671
Josh Network Token

[Anonymous No.9004288]

>>9004201
Fuck, someone get Josh on the phone

[Anonymous No.9004893]

a couple more cents and i'll be back in the green.

[Anonymous No.9004933]

>>9004893
35 cents here...AAAAAAAAAAAAAAAAAAA

[Anonymous No.9005004]

this is a shitcoin ico scam

they used you poor fucks to launch their company. JNT tokens are useless. Jibrel bonds are retarded. Deep down you know on-chain collateral is a meme and the only thing to come of this project will involve Jcash and off chain collateral backed CryDRs

[Anonymous No.9005301]

>>9004933
40 cents average buy, feelsbadman especially since I'm a poorfag but then again it's very easy to be a good investor in hindsight

[Anonymous No.9005304]

>>9005004
You sound quiet desperate. How do you feel with selling the bottom?

[Anonymous No.9005458]

>>9005304

I bought some at 60 cents early before doing research. didn't sell the top. I had a few questions for Talal which he ghosted because the on-chain collateral mechanism seemed flawed and risky to me. I then sold at 50-55 cents on the way down.

I put that money in Zilliqa at 350-400 sats and am up over 100% instead of holding and losing another 70%.

If you can't see the flaws with Jibrel you are willfully blind. There are only 2 options; they are grossly incompetent or intentionally misled investors. Their original JNT collateralization mechanism was intrinsically flawed to the point of being completely unviable. This mechanism is what gave the JNT token value. Sure Jibrel can still make some money with products unrelated to JNT but for token holders most of the value has clearly disappeared.

Plenty of good reasons to sell and get on something better.

[Anonymous No.9005545]

>>9005458
Another post full of lies. The previous model went insolvent only barely in the last few days of testing, and in a fierce bear market at that. They have data and can backtest to find the optimal mechanics that will guarantee solvency even during heavy market downturns. Kys.

[Anonymous No.9005864]

>>9005458
retard alert :S

[Anonymous No.9006077]

>>9005458
I have bought BTC at $300 dollar too and ETH at $2, sold both at the peak in late dec and went into the casino.

Went all in on RED twice in a row and won both times. Now i have too much money and need to make up shit stories on a project i have no more interest in.

[Anonymous No.9006421]

>>9005545
This.They tested it during the worst bear market crypto has seen since its inception.And it still held up.They tweaked it for the better.All im seeing above is someone sweating that he made the right choice selling.

[Anonymous No.9006448]

Be honest, /biz/. Will 16k JNT make me rich?

It has to. It is the only way to save my life.

[Anonymous No.9006543]

>>9006448
let me just ask my crystal ball here...

If singles you make it, if dubs you'll die a horrible death sometime within the next 4 months

[Anonymous No.9006551]

>>9006448
Well, you only need ~$9b market cap to make it. For comparison, the vaporware Tron had $17b back in January.

[Anonymous No.9006577]

>>9006448
9am wallet guy here, we will all make it. We're in the first inning and havent started yet

[Anonymous No.9006695]

>>9006543
>>9006551
>>9006577
Yes, please. I need to make it, we all need to make it. If I don't, I'll have to kill myself.

I need to... make it.

[Anonymous No.9007224]

>>9006551
the calling card of every pnd shitcoin. "well if tron can be worth X than this can be worth Y" you see this same post in every verge thread too

[Anonymous No.9007335]

>>9007224
Alright faggot, I'll compare it to Ripple then, which had $140b market cap back in January, despite being a centralized token of questionable value.

Jibrel $1000 EOY

[Anonymous No.9007379]

>>9007335
did it really?

[Anonymous No.9007420]

>>9006421

I could buy back for much less than I sold if I thought it was a good idea.

It doesn't even have to go insolvent to not work; it just has to be too risky for investors to be worth it.

Digix and Dai are better than Jibrel if you want to invest in this type of thing

[Anonymous No.9007454]

>>9007420
>it just has to be too risky for investors to be worth it.
>meanwhile SEED is ready to invest $200M into jBonds
hmmmm

[Anonymous No.9007458]

Buying JNT is suicide insurance. It's high-risk, but I don't want to have to neck myself if they make it and it pulls a x1000.

[Anonymous No.9007469]

>>9007335
I hope you realize it took 5 years for Ripple to pass from 44M market cap to 140B.

>>9007379
It was 123B in 07/01/2018
https://coinmarketcap.com/historical/20180107/

Anyway I don't even know why we compare with Ripple, different projects.

[Anonymous No.9007495]

>>9007458
>Buying JNT is suicide insurance. It's high-risk, but I don't want to have to neck myself if they make it and it pulls a x1000.
hahahahahahaahhahaha

[Anonymous No.9007539]

>>9007454

It won't happen. They won't put in fucking 50% of the value of the bond as margin that they could potentially use.

Why not just send that same money to an audited Jibrel bank account and have that tokenized into a tradeable CryDR at zero risk?

Jcash might work - it is basically a "legit" tether.

Jbonds are dead on arrival. An ill thought out idea to temporarily placate token holders

[Anonymous No.9007556]

>>9007539

potentially lose*

[Anonymous No.9007572]

>>9002143
>of course it will get a lot bigger. it will be fucking huge. imagine when these other rich oil money dubai motherfuckers see what SEED group has successfully pulled off. dubai itself is trying to put its government on the blockchain. jibrel is literally operating out of the office of one of the richest dubai sheiks. not to mention the fact that they just got licensed to be a legit financial institution, something only a few crypto companies on earth can claim. meanwhile tapscott has been traveling all over europe shilling jibrel to major players, and word on the street is that they have some very legit institutions on board already besides SEED. plus they haven't even started marketing to normies, what we're seeing reflected in the price now is solely based on a few autists scattered around. wait until this shit gets more mainstream attention and people actually realize what jibrel is trying to do. if the next couple years are as remotely bullish as late 2017, i would not be surprised if JNT was a top-10 coin with a price of 1K per token by EOY 2020

[Anonymous No.9007593]

>>9007335
not only are they completely unrelated projects but the only reason xrp mooned so hard is because it was one of like 5 coins in the whole market when crypto really took off early 2017 and normies thought it was "cheap" because the supply is so high

[Anonymous No.9007654]

>>9007469
I hope you realize $1000 EOY is a meme. Regardless, the 5 years argument is retarded, since the crypto market was virtually non-existent until last year. Also yes, Ripple had $141B cap on January 04.
>Anyway I don't even know why we compare with Ripple, different projects.
Well no shit they are different projects, brainlet. Just as Amazon is a different company than Google. Does not make a comparison invalid.
>>9007539
>what is arbitrage
Fuck off with your retarded trolling, newfag.

[Anonymous No.9007777]

>>9007654
I know it's a meme, different markets and all blabla. You just triggered my assburgerism.

[Anonymous No.9007872]

>>9007777
fucking wasted, kys by drinking hydrofluoric aciud

[Anonymous No.9007893]

>>9007872
quads post, he is 100% correct no matter what

[Anonymous No.9007901]

>>9000000
>>8999999

[Anonymous No.9007923]

>>9007901
Solid gets. We're going to make it.

[Anonymous No.9007927]

>>9007872
Gay.

I am drinking beers faggot.

[Anonymous No.9007935]

>>8998982
>price
>LOL PRICE
>FUCKING BUY

no fuck off unsubstantiated pajeet.
investments don't line up, there's no reason to wait to take money.

[Anonymous No.9007971]

>>9007654

Explain how a Jbond is better for arbitrage than Jcash

Brainlet

[Anonymous No.9008011]

>>9007971
No KYC requirements or any other regulations apply to jBonds. Virtually no one will be willing to go through all the bullshit associated with jCash. Now an hero you fucking faggot.

[Anonymous No.9008451]

>>9005004
>>9005458
>>9007224
>>9007420
>>9007495
>>9007539
>>9007572
i was wondering where the faggot tg triumvirate had been hiding. wouldn't be a proper jibrel thread without these brainlets fucking up every decent discussion with pajeet-tier fud.

[Anonymous No.9008497]

>>9007971
you sold the bottom didn't you anon? it happens. go ahead and fomo back in for a loss, or you can sit on the sidelines and watch your gains disappear even further. your call.

[Anonymous No.9008638]

>>9008011

LOL

why would regulations vary between the two instruments?

that is just some fucking bullshit they are feeding you. It is the same fucking thing.

I want a 10k Jbond. I take 10k and send it to Jibrel's bank. I also buy 5k worth of JNT and send it to Jibrel.

I want 10k in Jcash. I take 10k and send it to Jibrel's bank.

How does backing the tokenized representation of assets with JNT tokens change anything in the eyes of regulators?

The only difference between Jbonds and Jcash is the name and the dumb fucking margin mechanism nobody cares about except bagholders.

[Anonymous No.9008690]

>>9008638
>I want 10k in Jcash. I take 10k and send it to Jibrel's bank.

[Anonymous No.9008691]

>>9008638
>look mom, I changed my ID

[Anonymous No.9008717]

>>9008497

oh so this is how they will make JNT proof of solvency work! I'm sure all that Jsearch revenue will counteract a 20% drop in the market cap...

http://i.imgur.com/5IluVuL.jpg

[Anonymous No.9008737]

>>9008690

That is exactly what Jcash is now. They realized on chain proof of solvency won't work so they are scrapping that aspect. Now when they tokenize fiat it will simply be backed off chain only.

[Anonymous No.9008738]

>>9008717
how many jnt are you holding, datboi?

[Anonymous No.9008785]

>>9008638
>>9008717
>>9008737
>literally proving my point in the OP right for all /biz/ to see
Why does JNT have such low intelligence fudders?

[Anonymous No.9008802]

>>9008690

The reason I hate this project is because I asked questions about the exact problems Jibrel had during the sims and Talal said he would respond on reddit multiple times but ghosted me instead. I will link you and you can see. Its not like these problems weren't foreseen; they were ignored. A lot of people were misled and lost money because of the Jibrel teams error and dishonesty.

[Anonymous No.9008848]

I posted this in Jibrel's subreddit. These questions were asked months ago now. -

I asked questions about the project here over a month ago. These were concerns about the On Chain Proof of Solvency and I even linked the subreddit posts directly to Talal in Telegram. He said he would respond to the posts multiple times and never did. Now the problems I brought up long ago have completely derailed the project. This leads me to believe the dev team were aware of these vulnerabilities but simply wanted to have an ICO so introduced an intrinsically flawed (and ultimately unnecessary) mechanism via JNT and hoped for the best. Please read these posts and ask yourself why the team never answered any of the posed questions despite reading them. Posts under XRBaller obviously.

https://www.reddit.com/r/JibrelNetwork/comments/7yr5un/lets_talk_price_prediction/

https://www.reddit.com/r/JibrelNetwork/comments/7yqu3b/question_double_cost_of_tokenization/

[Anonymous No.9008874]

I also wrote this pasta that has been circulating on Reddit and telegram.

"What I honestly believe now is that they always knew of this problem but like all the others wanted to have an ICO and raise money.

This project works so much better without JNT at all. Instead of this on chain solvency crap just use some sort of super credible 3rd party auditing system like DigixDAO is doing. Boom problem solved. People can tokenize whatever assets they want without ever having to touch any contrived JNT mechanism. Likely it was their plan to go this route all along at some point but this crash pushed them there sooner than hoped for. They will continue basically as planned just without JNT (which was never truly necessary - on chain solvency was a novel idea but fundamentally flawed as implemented) and anything from here such as jBonds (trash) is just throwing bagholders a bone.

[Anonymous No.9008886]

So obvious thinking about it looking back. In the white paper the section on the JNT token itself is basically a footnote. And using JNT for on-chain proof of solvency is actually much more volatile than using a token like ETH with a much larger economy/cap. As planned one whale dumping a large amount of JNT was always going to fuck up their on-chain solvency and cost the DAO a ton of money. If they had chosen eth for on-chain solvency at least buying and selling of the collateral to back assets wouldn't have a massive affect beyond however trivially it moved the overall ETH price. It would be more stable for sure and either way a huge market crash costs the DAO $. Their Idea with JNT was a straight up Ponzi that only works if people keep tokenizing shit but never redeem for the underlying asset. If Sheik 1 sends 100 million Jcash to Sheik 2 and Sheik 2 redeems for the underlying fiat he then gets his 100million worth of JNT back (the DAO wouldn't be covering the on chain solvency in cases like this as they wouldn't even have the money to buy that JNT in the first place- which makes you question if sheik 1 would have even tokenized anything in the first place if he had to take the risk of supplying all that JNT to the DAO) That JNT gets sold dropping the price and boom chain reaction knocks down the whole thing as the on chain assets no longer cover CRYdrs. This means either more CRYdrs have to be immediately redeemed for underlying assets to reduce liability (freeing up more JNT to be market sold dumping the price and causing even more "liquidations") or someone has to come up with more JNT (potentially a fucking huge amount) to put on chain to compensate for the drop in value of the existing on chain JNT. Who is gonna step up to do this. The DAO itself only has so much liquidity. The only thing the white paper says about JNT is a literal falsehood. This was doomed to fail."

[Anonymous No.9008900]

>>9008785

Not one of you shitheads can explain how this system works or why it will work. Worse than Verge bagholders with your delusional faith in the shady dev team.

[Anonymous No.9008925]

>>9008802
all we can hope for the ama saying that only 50% goes into jassets and the rest into jbond/jcash.

[Anonymous No.9008994]

>>9008802
>>9008848
>>9008874
>>9008886
Two things, anon.

A) You seem to think that you are smart and a critical thinker. You are not. Your analysis is flawed and you are incorrectly informed on many ends.

B) You need serious help. I suggest you leave crypto and seek out a psychologist.

[Anonymous No.9009010]

>>9008848
He answered the second one? Also I can't see what you said in the telegram. Just the Reddit post.

"When Jibrel acts as the guarantor this is the service we provide. For others, CryDR contracts are short term hedging tools. So the institute has to provide double the amount but makes a significant return even when considering the double capital down"

[Anonymous No.9009532]

>>9008802
>>9008848
>>9008874
>>9008886
>>9008900
why are you needlessly such an autist? can you not help it or are you just fucking around? accept that you are not smarter than the people working on this project or their advisors. ask yourself whether it's more likely that talal and yazan are cognitively unable to answer your questions or whether there is simply more important shit for them to do than hold your hand and answer every single one of your hypotheticals in detail.

there's an AMA coming up, if you post these questions they will answer them and then we can screenshot them blowing you the fuck out. hopefully at that point you will give it a rest.

[Anonymous No.9009646]

>>9009532
they know full well that his shit does not work but needed some token for he ico. Pretty sure about it

[Anonymous No.9009722]

>>9009646
makes no sense, the advisors aka don tappscott and the ex coo of the soros fund all have huge amounts of jnt locked up to pay them, the founders all have huge amounts of jnt locked up for themselves which they cant sell for a couple of years.They literally own more jnt than most of us put together.They more than anyone want a big jnt price.Also their whole goal is to be fully decentrlized, meaning their token backs pretty much everything.Your logic makes no sense.

[Anonymous No.9009790]

>>9009722
you know they have 50 mil for the team+advisors. Even at 10 cents it is 5 mil of money. Still decent amount of money for the team and advisors.

Lets assume that this shitcoin does not thing but gets pumped to 1 dollar in the next bullrun only due to eth/btc pairing and they have 50 mil as profit/wage (company money was 30 mil in the ico)

[Anonymous No.9009861]

Allocation
60%: Main ICO
15%: Team
10%: Pre-ICO
10%: Advisors and partners
5%: Bounties

The team and advisors will have their hands on 25% of the total jnt in a few years.If they can get jibrel to 10 billion marketcap then thats around 40 million tokens for the team and advisors x 90 dollars.That means they stand to gain three billion and six hundred million from the jnt they own if they get to a 10 billion marketcap.So tell me again why they wont be pushing jnt backed assets every chance they get?

[Anonymous No.9009897]

>>9009861
^^ more like 5 billion dollars if the full 200 million tokens are all unlocked and they get 25%.Them pushing the marketcap up is the easiest way for them to make an absolute fortune.And the way to do that is have jnt as the main backing focus.

[Anonymous No.9010071]

>>9009790
Okay, look. This token has potential drawbacks in its future, for example jCash vs jBonds and the effect of jAssets as well. Nobody will deny that, they need to explain this more and I hope they will with the AMA. However, going on what they have said we know:
1. 250MM of liquidity from SEED
2. Initial jBond rollout of 5MM within weeks
3. They expect jCash/jBonds ratio to be 1:5. (Will this be true in reality? I'll address that in a second).
4. Legal financial intermediary in Switzerland.
5. Advisors, etc etc you've heard that a million times.

Now, sure you have a point. However motherfucker, you need to realise that nothing is a given. This is a high risk coin, always was. However, going off what they've said and the fundamentals I'm still more than happy to own a reasonable sized bag. Now, I happen to know you've been asking this shit for weeks now. Make your decision, weighing up the above then either shut up or leave. Instead, you post the same copypasta and the same shitty Reddit links (suspicious, don't you think?). By the way, it's not copypasta when you're the only one pasting it.

[Anonymous No.9010099]

>>9009861
>So tell me again why they wont be pushing jnt backed assets every chance they get?

they will try like every shitcoin tries to pump its price. But investors will not fall for that.

Only chance is that normies fomo in during the next hype cycle when tokenization is the next big topic.

[Anonymous No.9010288]

>>9010099
Again this logic falls apart.You think the seed group gave them 250mill if they hadnt seen very good evidence that a huge portion of that would be tokenized and then way more than the 250 in future?You think don tappscott is flying round the world shilling jibrel if he doesnt think he wont make a fortune from the 5 million or more jibrel (guessing here from amount available to advisors) he will get?The old bastard has turned down over 200 different coins as an advisor and is the most sought after advisor after vitalik.It isnt hard to join the dots here people if you have over an 80 iq.

[Anonymous No.9010317]

>>9010288
>The old bastard has turned down over 200 different coins as an advisor
[Citation needed]

[Anonymous No.9010363]

>>9010288
>You think the seed group gave them 250mill if they hadnt seen very good evidence that a huge portion of that would be tokenized and then way more than the 250 in future?Y

Dubai is interested in jassets cause they want to tokenize their real estate. No doubt it will be very useful/successful but it will not pump the price since dubai already has its digital currency emcash.

>You think don tappscott is flying round the world shilling jibrel if he doesnt think he wont make a fortune from the 5 million or more jibrel (guessing here from amount available to advisors) he will get?

Same with dear tappi. He knows that tokenization is the future and selected jibrel based on that not how much jnt is getting pumped. Also there is no evidence that he did anything for the team except being on the website as advetisment and appearing in the show. I doubt that he did any consulting for them. 5 mil coins is still very good for him.

[Anonymous No.9010378]

>>9010317
all you need is some anon on a website. Who needs (((sources))) from the (((sjw mainstream))) media

[Anonymous No.9010390]

>>9010317
My memory is hazy on where i saw it, i think it may have been in jibrels conference in jan.Ill look for the source.Don is ranked by everyone as a top 5 person in crypto.He currently advises for jibrel and icon.thats it.Even without him saying it its very obvious he turns down pretty much everything.Here is a ranking list on cryptos most influential.

https://www.rise.global/top-fintech-people

[Anonymous No.9010406]

>>9010363
He is publically listed everywhere as an advisor for jibrel and icon.

https://icobench.com/u/don-tapscott

[Anonymous No.9010447]

>>9010378
You going to answer me or ignore it like the last time?

[Anonymous No.9010465]

>>9008994
>>9009532
these are legitimate questions and of course your response is personal attacks because you dont know the answers. for guys that are such furious backers of this project you dont seem to know much about how it works.

[Anonymous No.9010479]

>>9010406
From 200 different coins to 2 coins. That's a huge difference.

[Anonymous No.9010514]

>>9010447
read the other posts I made. Most will go into jassets.

Everything else looks good if jnt were normal shares for a company and you profit if said crop is successful which is not the case with crypto.

Also there is normie hype but issue is the low coin supply (they want cheap coins)

[Anonymous No.9010658]

>>9010514
Why on earth do you say that? I don't know that, neither do you. We know precious little about jAssets. Don't mislead people by talking with such certainty.

[Anonymous No.9010672]

>>8998982
>It's another ICO scam thread

Hey that's a cool useless ICO token with no actual possibility to be used for the usecase displayed since ETH can't even handle cats

But here's a real coin (i.e. has a blockchain) with an actual future, a real usecase, and transparent developers: Peepcoin soon to be DAPS

thank me later

[Anonymous No.9010731]

>>9010658
jnt will not be used for proof of solvency and can only be used for "clearing the asset".
If the ama turns out that clearing means "buying/exchange ownership of said asset" I might regain some hope in the coin.

[Anonymous No.9010740]

>>9010479
Like i said he's been offered over 200 advisor roles and only ever accepted 2.One could dominate asian blockchain the other the middle east.The man knows what he is doing.He is smarter than anyone on biz thats for sure.

[Anonymous No.9010776]

>>9010731
You didn't answer the question. I am aware of how JNT is used in regards to jAssests. I asked you why you have assumed with such certainty that they will focus on jAssets rather than jBonds/jCash. You simply do not know that, all they have said is that the jAssets is undergoing a closed pilot.

[Anonymous No.9010857]

>>9010776
They have said the 250 mill is going soley to jbonds/jcash at roughly a 75/25 ratio.Stop being a retard.Can you name me another coin that was given 250 mill 1 month after coin listing?There is nothing to fud here.

[Anonymous No.9010976]

>>9010857
Read my posts again.

[Anonymous No.9011037]

>>9010857
Also, I'm on your side but iirc they didn't say SOLELY jCash/jBonds which is why all this stupid jAssets fud has caught on.

[Anonymous No.9011047]

i'm a penny away from being in the green

[Anonymous No.9011308]

>>9010479
I don't remember the number he gave but tapscott himself said he turned down a ton of advisor roles during his talk at the Josh Network conference in Korea.

[Anonymous No.9012135]

>>9011037
Read the Medium post again jAssets will get between 0 to 5%

[Anonymous No.9012805]

>>9011308

and you believe everything the guy says? Tapscott writes books. He isn't really even some big time investor. His son got caught up in some ICO scam shit too. Guy is pretty much a Pajeet. Certainly not a top 5 person in crypto that is just a fucking joke.

Anyways I read the medium article and I was wrong about one thing. They have completely redone the whole project and the idea of a big dao managing a pool of tokenized assets is out.

Jcash will be tokenized fiat collateralized entirely off chain a la tether.

Jbonds will be an entirely on chain asset composed of JNT only.

Each of these Jbonds is pretty much an independent asset. The margin levels of Jbond 1 will have no bearing on Jbond 2 unlike the original idea in which all tokenized assets are collateralized together.

Jbonds are a less grand idea than originally envisioned but more realistic. To create a Jbond the creator has to be ok with essentially holding JNT over the term of the contract because in effect that is what they will be doing. The value in selling the bond has to outweigh the risk of holding the margin requirement (if JNT goes down the issuer stands to lose a lot more than they sold the bond for but they are exposed to the upside as well in case JNT goes up over the course of contract). The Jbond is essentially a temporary stablecoin competing with DAI, Tether, Digix, and even Jibrel's other products such as Jcash. Therefore the bond can't be sold for all that much; some fraction of a percent will be appropriate. Jbonds also have a disadvantage where in the event of a massive decrease in the value of JNT the underlying asset will be automatically converted back into the unstable asset whereas with something like Digix this can never happen.

Jbonds may also face stiff competition because other coins can do the same thing with a smart contract fairly easily.

[Anonymous No.9013027]

If someone writes a smart contract for EthBonds (insert any coin people may feel is more likely to hold or increase in value over the term of the contract than JNT) Issuers may prefer to create those because they believe Ethereum will be less volatile and less likely to lose value over the 30 days margin is locked up.

Jbonds are a fundamentally more sound (and much more simple) idea than originally planned but it remains to be seen how widely used they will be. There is a lot of competition. Jbonds have 1 use case and that is hedging for crypto downturns. Originally all things tokenized were going to use JNT which was the exciting part. If I wanted to tokenize a piece of real estate it would be backed on chain and I could trade it to someone else. Eventually we would have a sprawling network of all kinds of tokenized assets all backed on-chain by JNT and this is what was going to give JNT the massive valuation. Now this valuation will be dependent almost entirely on how many Jbonds are in circulation at any given time. A much narrower scope than originally hoped for but at least it is something and hopefully it works out for you guys.

I never mindlessly bashed Jibrel. I took issue with the fact that my initial concerns I asked about were the exact things that derailed the original project. Talal and Yazan were well aware of these problems at least before the simulation and likely much earlier.

[Anonymous No.9013376]

>>9013027
Absolutely destroyed those cucks.

[Anonymous No.9014342]

>>9012805
>>9013027
i'm sure if you take all this shit to the telegram one of those giga-autists will explain it for you. phil is probably the most autistic of them all

[Anonymous No.9014683]

>>9013027
hey verbose boy all i need to know is do i buy jnt now or not pajeet

[Anonymous No.9014815]

>>9014683

if you can't figure out the sentiment in those posts then you are likely the pajeet

[Anonymous No.9014950]

>>9014815
>actually thinks i read all that shit

kek

anybody who actually knows what they are talking about doesnt need 1500 words to explain it bitchboy

[Anonymous No.9015334]

Been watching jibrel threads from february. Project is interesting, but seems like whole crypto space isn't mature yet, since not so many people actually understand the abstraction of what blockchain is and how it can be used for various needs. Some serious people from all over the world are developing different solutions, but all this is on a such high level of abstraction so even people involved into crypto couldn't understand it properly, which leads to flaws and misunderstanding from both developing teams and investors.

Nice to see such a debates as we have here, but have to admit we need more time to let more people think over and over again about what this shit is all about, and let other people to polish their products / services.

100% there will be some location specific hype around certain projects; like many of eastern people don't like asian projects and call them chink scams, people from mid-west will not like US / EU projects and will more likely to invest in something from their origin. As far as I know jibrel is one of first big things for midwest, so give them some time to build knowledge around blockchain shit until they eyes will sparkle, same as with rest of the world. Then watch for first BIG movers and try to be calm as possible since next bubble will be much bigger than we say in november-december2017

Jibroni is interesting, but sadly I don't have any spare cash to take positions here, but will keep watching since currently it's playing in it's own league. In regards to flaws, just imagine amount of stress the team experiences each day and try to put yourself in their shoes.

[Anonymous No.9016255]

sirs I come to you hat in hand, unironically all in. so my question to you learned scholars is, when moon?

[Anonymous No.9016292]

JNT hodler here.

the fud was legit, albeit overblown. they fucked with the fundamentals and I don't blame people for walking away. I should've sold a long time ago but to tell the truth, i still feel comfy.

[Anonymous No.9016316]

>>9012805
This is next level autism.