Happy now you impatient fucks.

[Anonymous No.8652212]

But muh medium article.....where?!?!?

[Anonymous No.8652237]

https://medium.com/@jibrelnetwork/project-update-q1-2018-85c348e2fe8b

[Anonymous No.8652272]

>>8652237
Holy shit this is written like a 5yo. No FUD, but how can you release such a shit?

And the SEED details is delayed once again

[Anonymous No.8652277]

>>8652272

[Anonymous No.8652301]

>>8652277
Why is this thing getting posted so much? It is dead

[Anonymous No.8652376]

>>8652212
Yay more concrete deadlines that they'll be sure to mix. Which box should we check off first?

Another medium article next week? Let's wait and see!

[Anonymous No.8652404]

>>8652272
It's because SEED pulled out. You should sell before the news drops.

[Anonymous No.8652499]

>>8652212
>expecting this kind of article less than a day after Talal's death
Anon, I...

[Anonymous No.8652519]

>even though we have expanded our product and service offering quite a bit.
read:
>we haven't done shit but are expanding on more promises
nice

>Initially, jCash was delayed by regulatory hurdles,
lol, so obvious
>which have since been resolved in specific geographies, allowing jCash to be launched in select jurisdictions.
yea, Talal's backyard being the biggest one

>In more recent weeks, subsequent moves in the market have indicated that the current jCash / Proof of Solvency mechanism may be insufficient to withstand extreme market conditions (+95% / market crash).
That was also obvious and called out here by many people but bagholders called it "sci-fi gloom and doom scenarios"

>Generally, a combination of asset backed tokens and JNT backed tokens will be released.
muh proof of onchain solvency, lmao they are already backtracking from their promises
They will ditch the JNT token entirely before they tokenize anything, I'm telling you this right now
if something felt too good to be true it probably was.

>muh wallet
yea, try to distract the bagholders by creating and erc20 wallet, lmao as if we didn't have enough or a wallet was something amazing to look out for. Bitcoin had a wallet 30 years ago

[Anonymous No.8652557]

To be honest, this bit is actually scary

In more recent weeks, subsequent moves in the market have indicated that the current jCash / Proof of Solvency mechanism may be insufficient to withstand extreme market conditions (+95% / market crash).

Status: Minor delays—Open Alpha (Select geographies) in 4–6 Weeks

Key Issues: Insufficient market liquidity / activity for Proof of Solvency to be completely decentralized. Under current market conditions (+70% correction), the system would’ve remained balanced, but would have lost funds in excess of AED 2,000,000 (US$ 544,520) to provide only AED 10,000,000 (US$ 2,722,600) worth of CryDRs (20% deterioration).

Mitigation Strategy: Launch numerous jAsset configurations with high degree of manual intervention, gradually decentralizing as needed (More on this to be released in a dedicated Medium Post next week). Generally, a combination of asset backed tokens and JNT backed tokens will be released. Allowing users to pick from decentralized stable coin solutions as well as centralized solutions.

[Anonymous No.8652564]

>>8652404

Yup. It’s being swept under the rug for now.

Sadly, I had high hopes for Jibrel. I’m quite disappointed with not only their progress, but the direction that they are going now.

[Anonymous No.8652635]

>>8652557
every ponzie only works until it doesn't

and it's always the same story:
>we need our own token so it's independend from external facotrs bla bla bla
lmao having onchain solvency in btc would be way safer because bitcoin won't go to 0 no matter what, some useless erc20 on the other hand...

[Anonymous No.8652704]

>>8652557
HOnestly if the telegram kiddies had put 2+2 together they wouldn't have wished for that medium post.

Jibrel will be sub .10 before this crash is over and probably won't be coming back up. This announcement is nothing but hot air and increased scope AGAIN. They haven't delivered anything and keep adding on to the list of things to be added. This is a nightmare.

[Anonymous No.8652739]

>>8652272
>>8652277
>>8652301
>>8652376
>>8652404
>>8652499
>>8652519
>>8652557
>>8652564
>>8652635
lmao you guys are stupid as fuck
did we read the same article?
or are you getting paid to fud?
retards lol

[Anon No.8652769]

Yazan

"And if the system cannot be decentralized fully then, a fully decentralized system will be built on Jibrel Core (dedicated blockchain) with JNT directly traded in fiat (to prevent reliance on BTC / ETH).

But we can cross that bridge when we get to it"

[Anonymous No.8652994]

>>8652404
>>8652564

It is not mentioned here because it is going to have its own dedicated post this next week retards.

[Anonymous No.8653047]

>>8652212
taken together, this update shows that there will be huge delays, and signals that the JNT token may be brushed aside.

I'm bullish on the company but can't see buying more JNT at this point.

[Anonymous No.8653105]

For the first time since I purchased, I am feeling FUD.

Will let it ride, I've invested too much time holding this to let the bet go unrealised. 1000 or 0, deliver me my fate.

[Anonymous No.8653140]

>>8652994
I'm not being serious.

>>8652557
This has always been my concern with this project. I think the sooner the tokenization process begins, and the less speculation this project gets, then better. Eventually the network should stabilize, but the early days will be rough if it get's too hyped up by early speculation.

[Anonymous No.8653159]

>>8652237
>https://medium.com/@jibrelnetwork/project-update-q1-2018-85c348e2fe8b
seriously who else read this in Talal's voice.

[Anonymous No.8653207]

>>8653105
That's where I'm at with it too. I won't be putting any more money into it, but I don't care to sell either. I'll come back to it in a year and see what happens.

[Anonymous No.8653227]

>ITT
>OMG IT'S OVER
>SELL SELL SELL
>meanwhile literally one 1500 JNT sell across exchanges for the past hour
Kek niggers

[Anonymous No.8653243]

>>8653047
this
think about it, why do you think they even run that telegram group when supposedly their targeted audience are big fish, institutions, banks, etc?
does it ring a signle bell?
they have to run this group to calm down desperate bagholders who bought something they don't even understand.
Of course he will say JNT is NECCESSARY for this or that, but the truth is no serious bank/institution will ever want to have anything to do with JNT, they are already preparing themselves a way to soft exit scam you
they will give JNT some stupid purposes here and there but try to ask him IF HE CAN PROMISE YOU THAT THEY WILL ALWAYS HOLD ENOUGH JNT TO BE EQUAL THE VALUE OF TOKENIZED ASSETS
and watch him trying to come up with mental gymnastics

[Anonymous No.8653266]

>>8653047
>>8653243

Calm your dicks.

[Anonymous No.8653271]

>>8652212

[Anonymous No.8653313]

>>8653243
keep up your low effort fud you brainlet fuck

[Anonymous No.8653346]

>>8653266

So if there is to be no speculative price action on JNT, then what the fuck are they going to do? Remove it from exchanges?

[Anonymous No.8653349]

>>8653266
So they are expanding JNT scope, actually very good news.

[Anonymous No.8653364]

>>8653266
yeah, the move to add more utility to reduce volatility swings was expected and is needed in this market

[Anonymous No.8653380]

>>8653243

I am thinking the same. JNT is looking less attractive. Even they have to explain to telegram users and most are not believing in this coin so much.

I dont know. I have a huge bag. Dunno what to do after this news.

[Anonymous No.8653384]

>>8653266
dude it's all just damage control
>to reduce price volatility
yea I'm sure burning 1/100th of a token here or there will reduce the volatility

they are giving JNT some made up BS purposes now to prepare you for the bad news in the future
first it will be something like
>only some assets will be backed by JNT
and then they will ditch it completely as what it was initially supposed to be

>>8653313
>fud
lmao
even many people in telegram realized the same go and look for yourself

[Anonymous No.8653394]

>>8653266
this is somewhat of a bullshit position though. if proof of solvency were implemented that would greatly decrease the volatility in itself. the volatility is a reaction to doubts about the proof of solvency implementation. pointing to that situation as a reason to back away from proof of solvency is alarming.

[Anonymous No.8653405]

>>8653380
Sell
Do it biz way anon
For the memes

[Anonymous No.8653418]

Admin is doing solo talk. Damage control.

I knew I shouldnt have trust the arabs.

[Anonymous No.8653462]

>>8653394
no they would need to defend the peg by buying more and more JNT if JNT is valued in BTC/ETH and either of those crash. bank of england scenario, one of my concerns when this thing came out

back solvency with other assets like they said. 25%JNT/75% something else.
remove JNT from exchanges or have it trade only in USDT/fiat
reduce 100% solvency requirements (though another anon said this was impossible, on and off chain need to match up %100)

[Anonymous No.8653465]

>>8653384
im in the telegram
read yazans current posts
you brainlet shit

[Anonymous No.8653501]

>>8653465

I got banned for getting pissed off on delays, called it a shitcoin.

Looks like I was fucking right.

Drop those messages, I want to know what the fuck is going on.

[Anonymous No.8653513]

>>8653465
yea, I'm going through it rn:
CEO in Telegram

>Effectively, in our simulation, we ended up with a shortfall of JNT, so we went to market and balanced.

>But in a constantly bear market (the entire period tested was downward), we will either constantly need to liquidate cash for JNT, or ensure enough JNT is being circulated back to the Jibrel DAO to back the CryDRs.

LMAO, they did the simulations now? neets on biz preidcted that shit months ago, holy fuck this is a circus

[Anonymous No.8653552]

>>8653513
anotha one:

>So while both will be offered, we expect it to be predominantly JNT backed.

>EXPECT
lmao
they are literally hinting for the ones with above 80IQ to get out ASAP

[Anonymous No.8653553]

>>8653513
intredasting... why don't we just liquidate the crydrs then all the jcash in the system is worthless. only the pajeets who will use it as a remittance solution lose their money, so no one important is hurt

[Anonymous No.8653560]

>>8652237
It's not even the post we were waiting for. The Medium post we wanted comes out next week.

[Anonymous No.8653584]

This is literally the first time I've been nervous holding this.

[Anonymous No.8653585]

>>8653513
are you getting paid for these low effort posts?
genuinely curious
I think I could do better, refer me in please

[Anonymous No.8653611]

>>8653585
go look at the telegram, even the long term supporters realized what's happening here, the more deluded ones are still begging to be reassured by the ceo's but even they will wake up sooner or later

[Anonymous No.8653640]

>>8653584
Go to the telegram. Lots more information there about the reasoning for these changes.

[Anonymous No.8653645]

>>8653611
I'm reading the telegram post, all I see is a lot of brainlets asking stupid shit, and Yazan forced to answer stupid question, but in general, only bullish and good news

whats your point?

[Anonymous No.8653663]

>>8653645
Agreed.

[Anonymous No.8653678]

>>8653266
Game over. That what yazan says

[Anonymous No.8653698]

>>8653645
So now there will be 2 types of jcash (backed by JNT and another without that backing)
He is literally hinting you guys to lower the expectations.

Whne they finally tokenize something guess what is everyone gonna be asking
>hurrr why no Market Cap go up
and they will tell you
>well, this is the type of tokenization with no NT backing ;))

[Anonymous No.8653700]

>>8653645
How is the medium article good news? Lmao

[Anonymous No.8653701]

>>8653645
This

[Anonymous No.8653713]

>>8653698
forgot my pic

[Anonymous No.8653730]

>>8653700
how is it not?
are you autistic?
bet you are one of the retards in the telegram asking stupid shit like "so yazan hows the project going? xd"

[Anonymous No.8653733]

okay fud away and shilling away,

What yazan is saying is jBonds is what JNT make look attractive

and not, jCash so we can forget about that.

Dunno if its bullish or not

[Anonymous No.8653755]

>>8653733
bad news guys, jbonds turned out to work better when backed directly by real world assets, but JNT is now consumed if you want to buy a hat for your jwallet avatar.

[Anonymous No.8653769]

>>8653105
I feel the same way, I don't see myself putting in more fiat in this market anyway

[Anonymous No.8653770]

jYikes. jCorrect jMe jIf jI'm jWrong, jBut jIt jLooks jLike jThey jAre jSpreading jThemselves jWay jToo jFucking jThin...

[Anonymous No.8653773]

>>8653755
I spit my coke you bastard

[Anonymous No.8653789]

>>8653770
haha so funneh, glad you spam it everywhere, someone might reply to you with a kek!

[Anonymous No.8653833]

I dont know how to feel about this.

[Anonymous No.8653918]

>>8653584
same :'( I wanted to believe

[Anonymous No.8653953]

>>8653789
jK jY jS jFaggot

[Anonymous No.8653968]

>>8653953
what a sad and pathetic existence you are

[Anonymous No.8653983]

they will use jcash (back by real physical money) to back other assets

you can dig out me and other anons predicting it in the archives L M A O
I guess someone at a high level didn't like the idea of making neets rich with a ponzi-like token that won't even work during a bear market

[Anonymous No.8654009]

>>8653983
you are literally the only one here posting this relentless fud, I wonder when you give up your brainlets posts

[Anonymous No.8654038]

for real JNT holders and as a JNT holder - apart from the fud-

JNT price = speculation + jBonds tokenization (without jCash).?

[Anonymous No.8654049]

>>8653983
Lol do you literally spend your friday fudding this shit on biz

God damn dude go do something

[Anonymous No.8654058]

>>8654009
2 types of jcash
you didn't see that coming did ya?
soon you'll have only 1 type existing (if ever), the one which doesn't need JNT for anything besides maybe burning 1/100th of it to keep people deluded

>>8654038
and guess what the ratio of jBonds : Jcash is gonna be

[Anonymous No.8654068]

>>8654038
We’ll know after the post about jCash comes out

[Anonymous No.8654080]

>>8653227
I bought that. Waited about 24 hours to receive it. Fuck the fudders ain’t no one selling and I am done accumulating time to stop fudding this ( used to fud it all the time for fun) and time to sit back and relax and watch my money grow

[Anonymous No.8654097]

>>8654058
your conspiracy theory doesnt make any sense from a game theory point of view, especially considering the locked huge stacks of the advisors, early investors and the team itself

pic related its you

[Anonymous No.8654186]

>>8654097
you retard, the team, advisors and others have over $30m from the ico, they can give away all their JNT tokens to niggers in africa, they couldn' care less.
The point is they are ditching the whole Assets backed by JNT meme, that's why they are in damage control now telling you about using it for some new tasks etc
jBonds, lmao,
first it was
>JNT MC = the amount of tokenized assets + speculation
now it's
>JNT = the amount of SOME tokenized assets + speculation
you see where it's going?
To Be Continued

and before you get all angry at me, ask yourself why they decided to separate assets on those supposedly backed by JNT (still only a promise but let's take it for now) and those without JNT backing.
HMMMMMM
looks like they don't know the game theory you're talking about?

[Anonymous No.8654214]

>>8654186

[Anonymous No.8654245]

And also, what the fuck is a jbond?

Is it debt issued from real companies tokenized on Jiblet Network, or is it a debt issued by the Jiblet Network? No fucking way would I buy debt from these lying niggers

[Anonymous No.8654271]

>>8654214
keep posting memes as I'm being proven right time and time again
hope you like seeing your portfolio dwindling

[Anonymous No.8654398]

>>8654271
Your fud won’t age well. Someone snap these and this is coming from someone that used to FUD this. It’s over bud, this is the real deal and I can’t wait til this goes parabolic and me thinking how stupid your dumbass is if you didn’t buy it at 0.20 now go get a life and don’t forget to fuck yourself

[Anonymous No.8654440]

>>8654271
>keep posting memes as I'm being proven right time and time again

[Anonymous No.8654491]

>>8654186
I will be honest with you. I am now extremely worried after this news about my investment in JNT.

However the whole "The have 30M from the ICO" thing is retarded because it is being used to provide liquidity for jCash. You can argue that they might eventually drop JNT and they may. However unless it's a straight up exit-scam the funds will be used as specified because they are still a start-up even if it no longer benefits JNT holders.

[Anonymous No.8654580]

Oh fucking hell, why did I fall for this scam?
All those broken promises should've been proof enough, but I fell for the meme. Fuck you, biz. Should've just sold when it was at 60c after buying at 50c. I knew there was something off about this whole thing. So now my JNT is useless, awesome.

[Anonymous No.8654623]

>>8654398
ok dude
I'm happy your accumulation went well
lmao, in the near future you'll see your coin with a few millies MC so save some more fiat for that!

>>8654440
how is the tokenization going for ya?

>>8654491
they won't staright up exit scam the entire project, that's obvious, but they will softly exit scam the JNT importance until it's pretty much meaningless for people as investors/holders.

That's why I told people to ask whoever is now in charge of their telegram to promise that they will use JNT for backing in the future
they won't, they will give you some generic crap like
>the goal is...
>The main focus remains...
>yep, that's still the plan
What they are doig now is lowering the expectations without causing panic because even tho they are not in the US I'm sure they don't want any problems caused by some butthurt bagholders who bought the top just to find out their tokens will be pretty much worthless

When I said that JNT is not needed/fit for on chain backing people bashed me like crazy, talked all the nastiest shit about me, now guess what, the fucking ceo is saying that SOME assets will only be backed by JNT (probably a minigless amount as an experiment) and the rest of the business will be a regular bank with no interest in using some shitcoin

[Anonymous No.8654639]

>>8654623
>REEEEE SELL YOUR BAGS ALREADY AAAAAAAAAA

[Anonymous No.8654650]

>>8653405
I just did anon, I locked in my 50% loss, I'll buy back when it jumps a little, I took one for the memes.

[Anonymous No.8654699]

>>8654650
I see your sell order
Good job anon

[Anonymous No.8654723]

>>8654623
>What they are doig now is lowering the expectations without causing panic

This is exactly what's worrying right now. They don't want to straight up exit scam, but are preparing to let JNT just fizzle out until nobody cares about it anymore. This was planned from the start, and when their promises failed to make JNT skyrocket they just decided for get rid of it, so they can try something else to scam investors. Fucking arabs, it was so obvious.

[Anonymous No.8654790]

This FUD is getting to me.

I will wait until next week to decide when the article will be released.

It's true they are lowering expectation + no big exchange when they promised they would (because of 'muh volatility will hurt the pilot project)

I am a bagholder. I know >>8654723
is fudding either for cheap jibbies or for whatever obscure reason badly but he is right somehow.

Dunno - dont feel comfy with my jibbies.

[Anonymous No.8654792]

>>8654623
I will wait for the next post but I won't be surprised if there is a massive sell-off. Most of the dates are also months away for the alphas.

[Anonymous No.8654833]

>>8654790
I'm 50/50 myself on what to do. Also waiting for the medium post but I'm reading through Yazans posts and it doesn't seem as dire anymore and kind of makes sense.

[Anonymous No.8654845]

>>8654723
>This was planned from the start, and when their promises failed to make JNT skyrocket they just decided for get rid of it, so they can try something else to scam investors. Fucking arabs, it was so obvious.

welcome to the ico world
that's how you make 30m usd by deceiving people with false promises, then you softly expose them to the reality
>due to regulatory environment...
>as the project matures we decided...
>Some unexpcted outside factors force us to...

that way you're rich while still kinda clear of braking the law because you never OPENLY promised anything, it was all just plans, and plans rarely work out, right?

[Anonymous No.8654869]

Yeah the post was meh, but reading through the telegram I don't think there's a reason to panic over this.

[Anonymous No.8654873]

>>8654038

[Anonymous No.8654896]

>>8654790
I am not planning to buy any more. I am down so much right now and just pissed off. It has become obvious that Jibrel is nothing more than a VERY well thought-out scam on a grand scale. They'll milk this thing until the very end. JNT will lose all its value, it will never get listed on any exchanges, SEED partnership will be underwhelming as fuck, and then it'll just be over.

Why do you think they made the project so confusing in the first place? Almost nobody understood it, and what is their response? To make it even more confusing while slowly fading out JNT. Now we have hundreds of jShit products, but nothing really drives the price of JNT anymore. At some point they'll get rid of it altogether. The project is so fucking bloated, it's ridiculous. They are trying to achieve something so simple and do it in such a convoluted way, so they can pull shit like this and screw over everyone but themselves.

This right here is the definition of a scam. And it's a good one. They still keep most of their investors despite making their investments worthless, just by sweet-talking and adding more and more shit onto their already convoluted project. I'm really thinking of taking my 70% loss and moving on. I don't want to lose it all.

[Anonymous No.8654933]

>>8654873
spot the difference:
1. JNT is held in the DAO to provide on-chain proof of solvency

2. JNT is "used"

furthermore, don't worry about option 2, because we'll shore up the value by also using it as a currency to vote on some pointless shit and to call an API!!

you really think either of those 2 things even matters compared to the value of being the on-chain store of value for proof of solvency? the fact that they are being trotted out is bizarre

[Anonymous No.8654952]

>>8654896
Nice, I'll use that in the future thanks anon

[Anonymous No.8654972]

>>8654896
>dan tapscott, changpeng zhao and mohamed bin rashid al maktum are all part of this grand plan to scam neets out of their pocket money
lmao

[Anonymous No.8655021]

well shit, it's over. it has been fun shilling this hot garbage with you anons.

[Anonymous No.8655045]

>>8654869

This Phil guy asked good questions. They can be glad that Yazan answered them, Talal would have butchered it.

I was pretty concerned about the Medium post, but in the end it boils down to this: The change benefits Jibrel. Let's face it, jCash was a regulatory nightmare, how would anyone be able to use it with all the regulatory hurdles?

Now we have less ambitious jBonds available to anyone and jCash for few regulated KYC/AML compliant institutions.

For example, the Binance shit was ridiculous before, no way they would ever add jCash. jBonds would make much more sense, because it would be easier to make it available to anyone without breaking laws.

[Anonymous No.8655056]

>>8654896

Well, will you believe if I were to tell you I had a problem with my Metamask transfer before the medium post - I was about to buy 6k jibbies. I think God has given me a warning.

I feel you - I am 4k jibbies here. I will wait until next week. They are basing a lot of promises and can change whenever they feel to.

I dunno man, the fud is getting to me big time

[Anonymous No.8655058]

>>8654869
threaten someone that you will take the cookie away from him, then give him a chunk back and he'll be happier than when he had the entire piece
sad to read that deluded bagholder

>>8654790
>+ no big exchange when they promised they would (because of 'muh volatility will hurt the pilot project)

This is another damaga control (and a stright up lie) from Yazan lol
>big exchange will cause more volatility
yea sure it's more stable with no liquidity on Kuckcoin, lmao anyone can go and cause green/red dildos there as they please
I wouldn't trust anything more this guy says after such BS

>>8654873
smoke and mirrors 101
>we will create this and that and we will give JNT a purpose!

>>8654896
I actually went to their telegram for the first time today and it was painful to watch, really completely unaware people getting played like children

>>8654933
this
they're making up some ridiculuous side projects to kick the can down the road.
Just wait till they announce launching satelites into space that will use JNT as FUEL

>>8654972
they all may be enthusiasts of tokenizing real assets but don't fool yourself they will defend you as a shitcoin holder when the team decides it's only gonna be used a jgas once month burning 1/100th of a token

[Anonymous No.8655074]

>>8654972
They were not a part of it knowingly. Jibrel pitched the project to them and they thought it sounded great. That's all there is to it.

You should've noticed how they push the idea that JNT is still useful while making it less and less relevant. What those guys are after is the idea behind the project. JNT was the first step, and that failed. So now they try something else that still satisfies their investors. They'll keep doing this until they found something that catches on. But JNT is pretty much worthless now. Went from proof of solvency to shitty gas token. It probably won't even be worth 1c in a few weeks.

It doesn't matter if Jibrel succeeds or not to us private investors (we're not even investors anymore as JNT is not used as PoS). It can be THE go-to solution for insitutions, but the difference is that JNT doesn't need to be worth anything anymore. The lambo dreams are over.

[Anonymous No.8655107]

>>8655074
>It probably won't even be worth 1c in a few weeks.
>SELL. I SAID FUCKING SELL. SELL YOUR FUCKING BAGS ALREADY AAAAAAAAAAAAAAAAAAAAAA WHY ARE YOU NOT SELLING
*yawns*
sorry but if you actually had more than 2 braincells, read the medium post and yazans replies you'd know that almost everything you wrote is factually wrong

[Anonymous No.8655134]

>>8655074
yes. the project is still very promising, although the team is weak on execution the target market is good and the team's connections are extremely good.

the JNT token is looking more likely to be left by the wayside at this point.

[Anonymous No.8655145]

JNT is reduced to be a network gas token. JUSTED hard.

[Anonymous No.8655146]

If they are separating asset-backed and JNT-backed, then I wonder what the driving force was.

It seems plausible that nobody wants to lock up double their assets, setting aside both real-world money and paying for JNT, to tokenize.

If asset-backed tokens are subject to onerous KYC, like in-person interviews, then only institutions will use them, right?

But we all were hoping that institutions would use jCash. So now we don't have that.

I guess jBonds are better for us non-institutional people, but we were never hoping for normie adoption, so I don't see why we care about jBonds using JNT.

I guess the best hope for success of jBonds, if only non-institutional actors would be interested, is as a tether replacement, but the ideal tether token is going to be backed by fiat, so you can tether up and cash out. If they're backing it with JNT instead of tether and also admitting that they can't maintain the price during a crash, then I don't see jBonds working as a tether replacement.

Thus, it seems like institional actors have no need for a JNT-backed jCash token and, if the Jibrel team does move forward with a JNT-backed jBond token, they will maybe provide the stability of tether without any fiat cash out possibility...

I went all in on this shit and even cashed out half my 401k to get a stack of 470k. Damn, I am a fucking idiot.

[Anonymous No.8655169]

mfw I was fudding this project with 'muh 27 years old ARAB - trusting arabs'' (yeah that was me)

mfw i thought I would buy cheap jibbies

mfw I bought jibbies

mfw my fud was true and I bought jibbies and I fear for my investment.

[Anonymous No.8655183]

>>8655107
Read this post
>>8655058

Smoke and mirrors. Nothing more. They can promise all they want - if they don't deliver it means jack shit. And they didn't deliver on anything they promised. Instead they have been going back on everything from day 1. And people STILL believe them.

As I said, this is a very well thought-out scam. They got their investors by the balls. They trust them so much that they'll believe anything Yazan tells them, even if he lied a hundred times already.

[Anonymous No.8655197]

>>8654933
He specifically said that jBonds are JNT backed and that SEED liquidity will focus largely on jBonds. They also have less regulatory hurdles, meaning they can be made easily available to the average Joe.

Sure, if you believe they are lying you can sell your bags. But according to them proof-of-solvency is still
very much part of the plan.

[Anonymous No.8655199]

>>8655183
trying too hard

[Anonymous No.8655203]

At this point I can't even tell is you guys are legit fudding, or just didn't understand the telegram conversation.

jCash is a regulatory nightmare and they are stepping it back so that JNT is no longer required to back it. jCash would be an important instrument for some of the institutions they are targeting though. jBonds make the network more accessible.

They are walking a razors edge here with this project. It's not going to be easy to pull off, but so far I'm impressed by the team.

[Anonymous No.8655208]

>>8655146

I find myself refreshing this thread constantly to find a reasonable voice that will confirm that this isn't a hopeless scam, but the only voices of reason I'm seeing are confirming that I just got sand-nigger'd.

[Anonymous No.8655215]

tfw gonna be rich

[Anonymous No.8655242]

>>8655208
>taking financial advice from 4chan
LMAO

[Anonymous No.8655243]

[Anonymous No.8655246]

>>8655145
It's not just a network gas token.

Token holders can also vote on what currency is displayed by default in the jWallet, because.... Wait, what? Why is that valuable? Who is going to buy this just so they can vote on what text gets displayed in a wallet app?

[Anonymous No.8655280]

>>8655208

You should read the telegram channel after the medium post was linked.

[Anonymous No.8655302]

>>8655280
>thinking he is serious and wants actual discussion and answers
how new are you

[Anonymous No.8655326]

>>8655246
yes anon, once jwallet gets 100% market penetration, scam tokens like JNT will want to pay big $ to be a default.

[Anonymous No.8655356]

>>8655045

Now, an idiotic question.

jBonds is our only hope to make it.

Now, JNT = jBonds + gas fee + jNode

How will we moon with that coin.

How will we know for sure people will want to tokenize with jBonds for anyone.

How will it attract institutions when its not KYC/AML compliant.

I mean, who will use jBonds.

I agree with you that they are ditching jCash because of regulatory nightmares (and not exitscamming)

and finally what makes JNT anymore attractive to us?

[Anonymous No.8655366]

>>8655146
Wait for the post next week imho

[Anonymous No.8655381]

>>8655197
It's not just that they are more easily available to the average Joe either, in many ways jBonds will be preferable to institutions.

[Anonymous No.8655388]

>>8655208
It's funny how all the posts that are defending this seem like they are not even trying, isn't it? Every single post that seems like it has at least some thought put behind it is exposing this scam. And the opposing side doesn't do anything but say 'trying too hard', 'yawn', 'but yazan said [...]', 'you're just trying to get us to sell'.

It's pretty obvious who seems trustworthy and who doesn't. Make your own choice.

[Anonymous No.8655398]

this piece of shit gets only shilled on 4chan - hands off my nibbas this is most certainly a shitcoin>>8652212
>>8652301
>>8652301
>>8652301

[Anonymous No.8655430]

Obvious shitcoin being endlessly spammed by pajeets isn’t working out? No way

[Anonymous No.8655434]

>>8655388
>It's pretty obvious who seems trustworthy and who doesn't. Make your own choice.
>translation: PLEASE FUCKING SELL ALREADY HOLY SHIT TRUST ME I ONLY WANT GOOD FOR YOU, DONT YOU TRUST ANONS FROM 4CHIN? AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA I SWEAR TO GOD IF YOU DONT SELL I WILL FIND YOU

[Anonymous No.8655438]

>>8655246
LMAO

I heard the JNT tokens will be used to vote for the upcoming miss universe contest, and maybe as an entry to Picasso Exhibition

[Anonymous No.8655453]

>>8655434
Yeah, nice post. The problem I'm seeing is just that the pro-Jibrel side does nothing but post memes, while other people try to see the project for what it is. I don't know how anyone can still defend this community.

[Anonymous No.8655454]

>>8655381
>in many ways jBonds will be preferable to institutions.

Can you list the ways?

[Anonymous No.8655479]

>>8655453
why the fuck should anyone put as much effort into replying to your brainlet FUD as much effort you put into your FUD? (lol)
go argue in the telegram if you think you are a big boy
>implying you wont come up with a meme excuse to not do that
thought so

[Anonymous No.8655491]

THey really should have focused on marketing this shit at the early stages. The scheme is falling apart and they didn't even get a good pump out of it.

Putting half of my money in JNT was the worst decision of my life by far. If you think that this project has 1/10th the potential it did 24 hours ago you are fucking deluded.

[Anonymous No.8655517]

>>8655491
that's kind of the only silver lining. if it was 100% a scam they would have pumped it, would have been so easy to do.
I think it's just a case of a young and naive team trying to do their best.

[Anonymous No.8655519]

>>8655491
I want cheaper jnt too.

[Anonymous No.8655521]

>>8655479
Have you seen the telegram? It's full of people either posting memes or talking to themselves. You can't have a discussion in that group at all.

[Anonymous No.8655537]

>>8652212
I see a lot of FUD, but I think there is a general misconception around the changes.

They are amplifying JNT use-cases as they found (as might be expected) that during a major market crash, the price of JNT is much more contingent on the price of ETH/BTC than anything. They need a closed system in which JNT would have more autonomy from ETH/BTC, which is why they are expanding the use-case of JNT. As Yazan state, the goal here is so that JNT does not track ETH/BTC price.

So while the DAO would be successful in preventing pump and dumps within JNT, there needs to be mechanisms to hedge when BTC and ETH crash.

[Anonymous No.8655539]

>>8655517
A long term solution is always building the fundamentals for mature investors. You crypto kids can stick to tron/verge type marketing.

[Anonymous No.8655543]

>>8655521
just as expected

[Anonymous No.8655548]

>>8655454
They're more accessible for regions with stricter regulations and they're more lucrative for the tokenizers.

[Anonymous No.8655563]

>>8655543
That's not a meme response, that just A response. Please tell me a single post that wouldn't have made you say that. I know there is none, you would've posted this exact thing no matter what I said.

[Anonymous No.8655579]

>>8655563
you actually posting on the telegram?
there are actual arguments there
on 4chin?
there isn't any
this is a meme site
a memeboard
you are a memeposter
top kek

[Anonymous No.8655591]

>>8655537
yea this, look at the telegram he still wants a fully decentralized system - one of the possible ways was getting rid of eth/btc pairings and linking jnt to fiat only.
>>8655539
2 months into the listing and everyone is already calling it dead

[Anonymous No.8655592]

>>8655537
Also, while we mention that some assets will be backed by typical FIAT (jCash) - Yazan mentioned that JNT is necessary for both jCash and jBonds/jAssets. Furthermore, there is a significant discount when tokenizing using JNT - Yazan said that USD prices are pretty inflated.

To me this seems good overall - we have a mix of a centralized and decentralized solution - leveraging the best of both approaches - with multiple economic incentives to use JNT. Having a fiat option for jCash expands the projects reach as well - as soon as those who tokenize using fiat realize there are larger discounts with JNT, we should see a move over. Furthermore, I think that larger financial institutions will still choose to use JNT as opposed to FIAT as they don't want to pay an inflated rate.

[Anonymous No.8655595]

i think this pretty much sums it up, and it makes sense desu.

[Anonymous No.8655613]

>>8655517
it could be a combination of both but surely they knew JNT is a meme and onchain backing was just an excuse to be able to collect 30m usd from ico.
They will be a more-trusted tether in the future if anything

hint for brainlets, no, that's not bullish, tether doesn't use a middleware token to "back" the money they (supposedly) have in their bank.

>>8655537
It's BS/damage control because binance probably told the to fuck off
explain to me how being listed on kucoin only is better than being listed on big exchanges?
you think it's easier to crash/pump the price on kucoin or on binance?
they will never decouple from btc/eth lmao, that's how the entire market works whether we like it or not.
They can use JNT as payment for Lady Gaga concert tickets or burning it as a payment in dogs groomer salon, it won't matter.
They are coming up with BS side projects when they couldn't even acomplish the basics

[Anonymous No.8655620]

Woah ur telling me arabs are not the master technologists and financial geniuses we were led to believe? Dang...

[Anonymous No.8655636]

Sounds like JNT is jFucked if theres a jCrash

[Anonymous No.8655647]

>>8655548
1. Accessibility for regions with stricter regulations is a good point. However, I would then like to see jCash be asset-backed PLUS JNT-backed.

If they drop the offchain-asset-backed property from jBonds to ease friction with regulations, that's understandable. But why drop the JNT-backed property from jCash? If jCash is for entities who can tolerate stricter regulations, why can't it continue to be backed by both JNT and off-chain assets?

2. This seems like it would be pretty cool. Can you please explain how it would be more lucrative?

I'm a 470k JNT marine, so I would really like to see reasons to hold. I bought almost half my stack at over $0.45, and with 401k retirement funds and my retirement is gonna take a hit if this fucks ul, so uh... I am eager to see some light, heh.

[Anonymous No.8655653]

[Anonymous No.8655658]

>>8655537
>>8655595
>>8655592

In short - overall I'm not worried.

What this update attests to is that the team is maintaining the vision they initially set out to - with some tweaks to ensure this vision will be accomplished in the long term.

People are hyped for this project because it is ambitious and new. I think we should expect some tweaks and changes along the road as the team realizes their ambition.

[Anonymous No.8655673]

>>8655479
>>8655543
>>8655579

Look at all that bullshit falling out of your mouth. It's almost like what you're saying means nothing.

[Anonymous No.8655693]

>>8655673
hol up
*smacks lips*
so u be sayin

[Anonymous No.8655760]

JIBREL? COME DOWN AND DO YO HOMEWORK 'FORE I WHOOP YO ASS

[Anonymous No.8655767]

>>8655647
So you are the 470K marine that was posting everyday. I used to envy you from my 4k jibbies. We are on the same boat brotha. I don't know anymore from the fudding/reality. I am so confused. Dont know what to do.

[Anonymous No.8655782]

>>8655636
royally! but there is always the hope some ZOO will accept JNT in the future as ZOOgas

[Anonymous No.8655796]

>>8655613
>They are coming up with BS side projects when they couldn't even acomplish the basics

You know what Jibrel is? It's an Early Access project for cryptocurrencies. The promise all this stuff and talk about their amazing ideas, but they don't even have anything but a prototype yet. JNT was the alpha, and now they found something better. So JNT gets tossed aside.

What they are doing is the exact thing that makes startups fail. They have ideas, but neither the experience nor the skills to realize them. And so Jibrel will just fade into obscurity as just another failed project. They think they'll do all this amazing stuff, when in reality they are just not capable to do it. And when JNT didn't work out (because they just didn't get it to work) they act like it's no big deal and introduce another project. This is exactly what you would do if you realized your idea didn't work out, because you were too stupid to actually implement it.

[Anonymous No.8655812]

>>8655782
Read Yazan’s posts. We are still bullish.

[Anonymous No.8655887]

>>8655796
Have you ever ran a start-up? It's the opposite, while doing pilots the project WILL change to suffice the needs of the organisations. The fact that they are making adjustments is a good sign for a start-up, not a bad one. Anyone that already ran a start-up can see while reading their Medium post that they are doing a great job.

[Anonymous No.8655892]

>>8655812

would like to see him answer that bottom question

[Anonymous No.8655909]

>>8655767
>he fell for the 4chin memes

[Anonymous No.8655935]

>>8653983
>https://medium.com/@jibrelnetwork/project-update-q1-2018-85c348e2fe8b
what fucking retards. Talal explained that the Jusd will need to be backed by JNT one-by-one and linked an article mentioning jcash, implying that jcash needs to be jnt backed one by one.

[Anonymous No.8655966]

>>8655356

TLDR: jBonds=normie-jCash available to anyone.

jCash can never be on an exchange. You will never be able to create jCash. You will never be able to send around jCash. Why? jCash is as good as real money. It will be used by institutions for large payments and by KYC/AML individuals for easy af remittances. It's extremely geographically limited though.

jBonds can be on exchanges, can be created by yourself, and it can be transacted freely. They are the Tether replacement jCash can never be. And guess what? SEED will focus on jBonds with their 250m investment, because the goal of the partnership is to attract investments from abroad. That cannot happen with jCash in the current regulatory landscape.

Overall, jBonds shed a lot of the regulatory weight jCash has attached to it. They allow the DAO to become stable and to introduce decentralization slowly instead of in one go.

I was actually about to sell my JNT before, because I got fudded hard about the regulatory nightmare that is jCash. They realized it though and created a tiered system and it will do the project well.

[Anonymous No.8655995]

>>8655887
I haven't run one, but I was working for two failed ones. It was the exact same thing I'm seeing here. They were so ambitous at the start, which sucked me in. And then they realized that their ideas don't work out little by little. They tried to remedy it by introducing new ideas, but it just got worse until everything crumbled to dust.

I am really hoping you're right though, as I still have my biggest holding in JNT. I am fucking worried though, since I've seen this exact pattern multiple times. I don't know why it should be different this time.

[Anonymous No.8655999]

>>8655796
yea, like I'm saying maybe they will get a a banking license in some obscure country with light regulations that will allow them to issue jcash backed purely offchain like tether, but that's about it. Now they're trying to grab all the branches at once when it's not a secret that their lead dev is not even qualified for the job, but I never mentioned that because this project was more about making deals and getting neccessary permits regulatory wise than some high tech stuff but now they want to do everything lol. I'm waiting for them to announce Space-X cooperation or some shit like that

>>8655812
>we like jbonds more!
>I'm sure the main focus will be on jbonds guys I promise!
>we're are sure it will be the prefered solution!

also this guy
>so even if jcash is not backed by jnt, jgas is?
lmao poor guy doesn't realize the gas will be literally a pocket change
just because they announce a shitload of stupid use cases for JNT doesn't mean they all together are worth even fraction of what backing jcash would bring, but bagholders don't even know that, they just want to be reassured and stick their heads in the sand.

>>8655887
it may be "good for the project" whatever that means, and good for them but we're talking about JNT's value here, if I want to support and cheer for som project I can go watch a football game.

>>8655935
well guess what, the soft JNT ditch is progressing and that is no loner a reality. Sad.

[Anonymous No.8656031]

>>8655892
He fucking did. Join telegram and read the conversation after the post, it clears up SO MUCH.

[Anonymous No.8656053]

>>8655169
same. Also fudding also I thought this would be a safe bet. Now the fud has become real

[Anonymous No.8656074]

>>8655892

[Anonymous No.8656114]

>>8655966
how does JNT work with jBonds... basically what does this new development do to the role of JNT?

[Anonymous No.8656131]

>>8656074
see >>8655246
and have a laugh anon

[Anonymous No.8656136]

Just lol, this much debate about if/how the token MIGHT have some kind of value IF they develop the project in one of many possible ways.

Why not just buy credits or bnb? What is the biz obsession with coins no one else has ever heard of and which are almost certain to have no value going forward?

If you need 150 posts per thread and not even agree on what the project is about, then ive got bad news for you...

[Anonymous No.8656153]

>>8656074
>miembros
>memebros

[Anonymous No.8656184]

>>8656053
Your fud was shit. It's was not even considered fud. The worst thing is things have gotten better, and now you're scared? The absolute state

He literally said XRP has almost no usage; that's what jCash was for before. Now they finally realize that having a Tether replacement with on chain solvency is the way to go. Honestly thank god! This coin finally has a chance to make it

[Anonymous No.8656188]

>>8655966
>jCash can never be on an exchange. You will never be able to create jCash. You will never be able to send around jCash. Why? jCash is as good as real money. It will be used by institutions for large payments and by KYC/AML individuals for easy af remittances. It's extremely geographically limited though.

That's what we were all expecting. Except we expected it would be backed by both off-chain assets AND JNT. Now it is only backed by off-chain assets.

"Regulatory hurdles" justifies offering a token that is backed by JNT and nothing else, but I fail to see how it justifies offering a token that is not backed by JNT.

Handling real money requires KYC/AML? Okay, then they should introduce jBonds but continue to require JNT-backing for jCash. The fact that they didn't would seem to imply something else happened... The most plausible reason seems to be that no entity was willing to tolerate the double-backing required in the previous plan.

> jBonds can be on exchanges, can be created by

But there aren't $20B of tether floating around. Even through massive printing of tether, there is what? Around $2B of tether? How much money has to be tokenized into jBonds for people to "invest" with it? What does it mean for normies to "invest" with it? They buy it and then immediately exchange it for some foreign investment, so that they never have to hold it for long, so that a very small amount of jBonds can satisfy everyone, so the market cap stays low?

[Anonymous No.8656191]

Link=failed
JNT=failed

All the heavily shilled biz tokens fail. Fuck that

[Anonymous No.8656279]

bump

[Anonymous No.8656281]

Etherscan says otherwise 9am est there were 7043 holders right now there are 7065. I am not selling this til i am rich and willing to go down with the ship. I have like 10k fiat into this and frankly i dont really care if i lose it but deep inside i know this is going to make me rich

[Anonymous No.8656282]

>>8655966
>They are the Tether replacement jCash can never be. And guess what?

Also, I thought "lol they're just building a tether replacement" was considered baseless FUD a while ago, but now it's considered a good thing?

If I made a new thread last week laughing at jibros and calling JNT a tether replacement, people would have called me out for fudding and played up the dual on-chain + off-chain solvency.

Now I am seeing someone say this is good news because jBonds can become a tether replacement.

[Anonymous No.8656289]

>>8655812
you fucking idiots in this thread need to read this post by Yazan - look at why SEED is interested in Jibrel - for jBonds - so there can be direct foreign investment in the UAE.

Consider this teams connections, consider that jBonds are backed by JNT, consider that the UAE wants to spur foreign investment while using crypto - consider the fact that JNT is still used to power everything else on the network and needs to be used - we are still bullish god damn. Go through the posts on Telegram and you'll see that we are all ok.

This is going to give UAE bonds liquidity they've never had before. Hold until 2020 and all is well.

[Anonymous No.8656349]

>>8656289
Price prediction minus jCash being tokenized and all the tweak after today?

and don't tell me you dont know, it depends.

[Anonymous No.8656365]

>>8656289
link me where it says that Seed invests in Jbonds

[Anonymous No.8656378]

>>8656114
They are the proof of solvency for jBonds.

>>8656282
You are still forgetting that jBonds will still be backed by institutions. The tradeoff is "needs less compliance, but can only be settled on-chain via JNT".

jBonds are still backed by actual fiat, because SEED is providing the liquidity for both jCash and jBonds. Only the settlement happens differently.

[Anonymous No.8656421]

>>8655935
Hi jAustist, please read their updated medium post saying jCash is no longer backed by JNT. Looks like you got jIBBED.

Some jArabs trying to out bank the jEws. KEK

[Anonymous No.8656422]

>>8656365
here and scroll to our investments:
http://seedgroup.com/

[Anonymous No.8656443]

>>8656365
meant to our partners, its in the low right corner

[Anonymous No.8656458]

>>8656422
>>8656443
that wasn't his question. and we can't answer him until the seed specific medium article is out next week

[Anonymous No.8656467]

>>8656349
I dont give a fuck about price predictions, but I sure as hell am now selling. This project is still a game changer, and the UAE connections are even more cemented now. Yazan just said that SEED is interested in Jibrel because it acts as a vehicle to spur foreign investment in the UAE. Think about that. Think about how large the bond market is and the liquidity Jibrel is giving to bonds. Also think about how that is only one facet of the project.

>>8656365
Go look on the telegram yourself you lazy shit

[Anonymous No.8656468]

Price prediction EOY after those tweaks.?????

jBond will save us?

[Anonymous No.8656488]

>>8656468
who the fuck knows now man. shiiiiit
lets wait and see how popular jBonds with seed

[Anonymous No.8656494]

>>8656468
10 dollars

[Anonymous No.8656500]

>>8656458
inb4 it doesn't come out next week

I'm not fudding but after what happened I'm not getting my hopes up for deadlines

>>8656468
no one knows

[Anonymous No.8656520]

Someone on telegram just sold 2/3 of his stack.

Things are getting uglier.

[Anonymous No.8656529]

>>8656365

[Anonymous No.8656540]

>>8656365
I heard BMW is partnering to create jbmwonds

[Anonymous No.8656541]

>>8656520
thanks just sold 100% of my stack

[Anonymous No.8656587]

>>8656529
yeah gonna wait till the medium post explaining it in detail. Strong focus means nothing. Does not even mean more than 50%

[Anonymous No.8656621]

>>8656541
ha, now the trap swings closed. if you want to sell a stack of JNT you push the price down like 10%. lol

[Anonymous No.8656650]

>>8656621
Ill buy it, still hoping this gets below 0.20

[Anonymous No.8656662]

>>8656621
lol the people spewing FUD are the ones with the buy orders. Everyone needs to relax. This is still one of the best plays in crypto right now.

[Anonymous No.8656674]

>>8656650
don't worry pretty sure it will be below 0.20 before the next medium post comes out

[Anonymous No.8656735]

>>8656587
it's gonna be a pocket change amount for experimental reasons no more than they already have in their reserve, calling it now.

[Anonymous No.8656916]

>>8656520
rule no 1
Never fall in love with your own coin. If outlooks a re bad sell at a loss instead of selling it later at a bigger loss

[Anonymous No.8656996]

my wife just filed for a jDivorce

[Anonymous No.8657028]

>>8656996
at least her relationship history will be on the blockchain so you know how many guys she jBlew.

[Anonymous No.8657163]

First time I've been nervous with this. I've read the telegram but I'm not very happy. The scope of this project is blowing up rapidly and they've just changed the main use case of JNT. Sure it's still a proof of solvency token for jBonds but who knows to what extent theyll be used. Fucks sake lads, I'm going to wait for the next article because I'm in too deep anyway.

[Anonymous No.8657200]

>Jibrel Network Token (JNT) will act as the ‘fuel’ or ‘gas’ of the network. JNT will provide universal access to all features provided by the Jibrel Network and the relevant Jibrel DApps.

This coin has always been intended as nothing more than a gas token. It is in the fucking whitepaper. There will be no asset-backing by JNT. Moral of the story for everyone here: don't buy something shilled on biz without actually reading the whitepaper first.

https://jibrel.network/assets/white_paper/Jibrel%20Network%20-%20White%20Paper%20(2nd%20Draft).pdf

[Anonymous No.8657213]

>>8657200
And yeah, I just dumped.

[Anonymous No.8657233]

>>8657213
which exchange?

[Anonymous No.8657235]

>>8656662
>>8657200
>>8657213
Hmmmmmmmmmmmm

[Anonymous No.8657239]

"would have lost funds in excess of AED 2,000,000 (US$ 544,520) to provide only AED 10,000,000 (US$ 2,722,600) worth of CryDRs (20% deterioration)."

Their stable assets lost 20% in actual fiat in a few weeks. TOP KEK

and who the hell wants to buy jBonds, they might as well branch out and make jDAI, jBTC, jETH at least people in crypto will know what those are. Look at DAI usage because its not called xUSDx, and now they want plebs to consider jBonds thats not even related to USD since its a Bond. KEK

[Anonymous No.8657273]

>>8657233
gate.io

>>8657235
Welcome to crypto.

[Anonymous No.8657278]

>>8657200

I read the whitepaper before I bought. It was Talal that said JNT would be used as solvency tool. So the sand people actually said it would be used in this way, it didn't pop out of nowhere.

My fucking hands are getting weak. Not okay with this shit.

[Anonymous No.8657282]

>>8657239
also that statement makes no sense. if they would have announced JNT as a reserve for real CryDRs the market would likely have behaved differently.

[Anonymous No.8657291]

>>8657239
Can someone explain to me how they somehow didn't take into account that JNT loses value because cryptocurrencies do that all the time?

It always seemed weird to me that they would have to buy more and more JNT when the price drops, and I saw someone mention that in another thread. People laughed at him and told him he didn't understand the project. And now the Medium article basically says 'oh we didn't think JNT would lose value, now we would need to buy more, oops, that doesn't work'. What the fuck?

[Anonymous No.8657319]

Hah. Nobody's selling. Chad coin is immune to fud

[Anonymous No.8657326]

>>8657291
>Can someone explain to me how they somehow didn't take into account that JNT loses value because cryptocurrencies do that all the time?
people thought that jnt would decouple from other crypto in the long term. Also that a speculative pump(also dump) was not possible cause the dao would sell jnt so their stack does not superseed the backed value too much.

The dao basically manipulating hte price all the time to normalize it

[Anonymous No.8657335]

>>8657291
look into the DAI stablecoin, its not like this model is impossible

[Anonymous No.8657352]

>>8657335
some tldr how the fuck dai works

[Anonymous No.8657397]

>>8653585
Y not debate him insteadnof screaming fud, op made an argument with proof, and sources

Yet ur only respond is FUD

Im a dumb whale looking to buy 100btc worth of the next moon coin, sell me this jnt

[Anonymous No.8657458]

This is what I get for trying to get rich quick I guess.

[Anonymous No.8657482]

>>8657458
yep, same here. this coin is fucking toast.

>Generally, a combination of asset backed tokens and JNT backed tokens will be released.

that sentence is the death knell of jibbies.

[Anonymous No.8657496]

>>8657352
pic related, see
https://medium.com/cryptolinks/maker-for-dummies-a-plain-english-explanation-of-the-dai-stablecoin-e4481d79b90

cliffs:
collateral held in smart contract plus safety margin

if collateral value falls, liquidation starts, before collateral is below tokenized asset face value

in black swan event, inflation happens on a diff token outside the ecosystem to cover shortfall, punishing ecosystem stakeholders.

in case of soros attack, community can trigger global settlement event, freezing everything and buying back the stablecoin.

[Anonymous No.8657520]

>>8657496
DAI was blown the fuck out by an economist some time back. Don't buy it.

someone find the article because i cba

[Anonymous No.8657559]

>Yazan admin, [Mar 30, 2018, 4:44:52 PM]:
Proof of Solvency is still the main mechanism for JNT. But additional utility needs to be put in place to reduce price volatility from speculative trading that isn't related to the underlying use-case.

>Yazan admin, [Mar 30, 2018, 4:45:15 PM]:
So wherever we can, we're adding utility that consumes JNT.

hmm.

[Anonymous No.8657565]

>>8657520
oh really, is it just one of those things where it works now because no one cares enough but will get soros'ed later

[Anonymous No.8657577]

>>8657520
I shit hits the fan only offchain fiat-backed stable coins can work, every other ponzi will bite the dust

>>8657559
kek

also who is this Phil guy in telegram? his mental gymnastic abilities are fucking amazing!

>>8657565
every ponzi works until it doesn't
shady tether is safer than all those on chain-backed scams

[Anonymous No.8657583]

It means that not only jcash but all tokenized assets will not need jnt.

Also jbonds will never be that big since we already have several competing stable coins. JNT has basically become worthless now.

[Anonymous No.8657593]

I wonder how that guy with 500k jnt feels assuming he actually has that much

[Anonymous No.8657606]

>>8657593

>>8655146

[Anonymous No.8657658]

Even instos trying jibrel network aren't buying this jScamelcoin it seems this guy was right

[Anonymous No.8657673]

I am done with alts. 95% of these are scams. I am locking my ETH in cold storage and hoping to someday break even.

[Anonymous No.8657695]

>>8657658
faggot made a great point tbqh... why wouldn't all these institutional goons be buying the shit out of this when they got home?

[Anonymous No.8657710]

>>8657673
did you seriously dump anon? wtf are you thinking? did you read the telegram?

[Anonymous No.8657723]

>>8657658
I literally said it myself, this ponzi would allow insider trading like nothing else and nothing would stop tokenizers from front running, buying as much as they can without pumping the price too much to then dump on the news
guess what I heard from bagholders?
that it's fud, brainlet wojaks, etc

[Anonymous No.8657749]

>>8657606
I think that's someone else, the 500k guy said he was in on ven and some other thing too

[Anonymous No.8657765]

>>8657749
there's a 450K JNT fag who uses this pic all the time, and there's also a separate 500K JNT fag who also owns 500K LINK

[Anonymous No.8657790]

WE'RE OVERSOLD BUY MY FUCKING BAGS BIBOT!!!

[Anonymous No.8657796]

>>8657710
My concern is the fact that it is just going to be used as a gas token, and the only thing we have saying otherwise is a telegram post.

[Anonymous No.8657844]

>>8657765
Not rekt
Rekt
Really Rekt
Tyrannosaurus Rekt
Cash4Rekt.com
Grapes of Rekt
Ship Rekt
Rekt markes the spot
Caught rekt handed
The Rekt Side Story
Singin' In The Rekt
Painting The Roses Rekt
Rekt Van Winkle
Parks and Rekt
Lord of the Rekts: The Reking of the King
Star Trekt
The Rekt Prince of Bel-Air
A Game of Rekt
Rektflix
Rekt it like it's hot
RektBox 360
The Rekt-men
School Of Rekt
I am Fire, I am Rekt
Rekt and Roll
Professor Rekt
Catcher in the Rekt
Rekt-22
Harry Potter: The Half-Rekt Prince
Great Rektspectations
Paper Scissors Rekt
RektCraft
Grand Rekt Auto V
Call of Rekt: Modern Reking 2
Legend Of Zelda: Ocarina of Rekt
Rekt It Ralph
Left 4 Rekt
Pokemon: Fire Rekt
The Shawshank Rektemption
The Rektfather
The Rekt Knight
Fiddler on the Rekt
The Rekt Files
The Good, the Bad, and The Rekt
Forrekt Gump
The Silence of the Rekts
The Green Rekt
Gladirekt
Spirekted Away
Terminator 2: Rektment Day
The Rekt Knight Rises

Do not forget the motorcycle anon. Haha

[Anonymous No.8657909]

>>8657673

Whales are manipulating the price down so they can accumulate more, don't be fooled. Whales are buying!

[Anonymous No.8657922]

>>8652212
Jibrel is the Arabic word for 'bait'. Their logo is literally a lure. It can't be more obvious than that.

[Anonymous No.8657939]

>>8657658
This is FUD. Whales are buying

[Anonymous No.8658080]

>>8657658
not that I disagree with him but wouldn't this apply to basically everything in crypto? how often do people buy up coins like that?
also I'd think that people smart enough to do this would accumulate in a way that doesn't signal that they're doing so

imagine trying to pump 1 million dollars into an alt without pushing the price up and experiencing major slippage
honestly if you really think about it people like that would probably get in at pre-ico or ico level rather than buying shit off the market

[Anonymous No.8658120]

>>8658080
Don't listen to FUD! Just buy more!!

[Anonymous No.8658198]

My will is strong, I am not selling.

[Anonymous No.8658276]

>>8658198
You're believing in a scam project. You must be really desperate to hold on to something that betrayed your trust over and over again.

[Anonymous No.8658393]

another anime-chan pump n dump shitcoin

[Anonymous No.8658467]

HA! Called it!
pic rel, jnt biggest warrior/bagholder agreeing that Yazan either lied to everyone or is an idiot with no basic logic
I wonder what's worse

[Anonymous No.8658562]

>>8657909
>>8657939

shut the fuck up. we aren't fucking normies buying into a new shitcoin without knowing what the fuck it is.

we are bagholders that are getting scammed by these camelfucking jihadis for believing their pajeet lies

[Anonymous No.8658621]

300 reply thread fudding/shilling the fuck out of a $200,000 volume coin

nobodys buying or selling. nothings happening.

[Anonymous No.8658652]

>>8658621
Not enough volume for anyone to actually sell. Someone selling 100K would dump the price down to 1 sat. There is also more news coming so any dumps and waiting until then. I would suggest having your sell ready though for when the next article comes out. Everything seems to be in the timeline of 4 months for alphas and probably 7 to 8 months for a complete product.

[Anonymous No.8658896]

What is this bullshit

[Anonymous No.8659258]

It’s pitiful to watch you guys trying to talk your way out of this obvious scam to make your self feel better about your bad investment. It’s really sad. Cut your loosers and move on.

Sunk cost fallacy 100%

I feel like I’m listening to the us gov talk about the f35 program.

[Anonymous No.8659272]

>>8659258
bagholders are waking up, the price is nosediving

[Anonymous No.8659295]

>>8659272
lol 200k JNT for sale on bibox at 20 cents (jnt/eth)

[Anonymous No.8659305]

>>8659295
also, I suspect i will be wishing i did that in a few days. just gonna baghold this.

[Anonymous No.8659585]

>>8655169
I'm so sad desu, I really wanted to believe this one :'(

[Anonymous No.8659675]

this was my last chance. its over for me

[Anonymous No.8659768]

>>8659675
Same.

[Anonymous No.8659792]

>>8655693
>>8655760
lmao

[Anonymous No.8659832]

If jCash doesn't work with JNT backing it, why would jAssets or jBonds work at all?

They lost 20% of their tokenized FIAT in a small pilot over a few weeks. There is no way any institution would touch that to tokenize anything, KEK

[Anonymous No.8659889]

>>8659832
hint: they don't

[Anonymous No.8660228]

>>8659832
They don't and this the start of the end...

[Anonymous No.8660623]

>>8656191
>Link=failed
I pity the fool!

[Anonymous No.8661047]

>>8659258
kek

[Anonymous No.8661072]

WHAT THE HELL, I JUST WOKE UP

TALAL YOU ABSOLUTE CAMEL FUCKER, NOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.8661166]

>>8661072

You should check out what they found out about SEED group in the other thread.

[Anonymous No.8661309]

>>8657922
Are you retarded? No it's not.

[Anonymous No.8661366]

>mfw refrained from buying because of uncertainty
This just sealed it

[Anonymous No.8661617]

*breathes*
AHAHHHAHHAHHHAHAHAHAAAAAAAAAAAAHHHAHAHAHAHAHHHHAHHAHHAHAHHHHAHAHAHH

[Anonymous No.8661639]

>>8661166
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

GIVE ME A BREAK

[Anonymous No.8661709]

>>8661166
>SEED group
*breathes*
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHAAAAHHHAHAHHHGHHAAAAAAAAA