New JNT article: medium.com
Faggots plz read and tell me if it's good or bad news.
New JNT article: medium.com
Faggots plz read and tell me if it's good or bad news.
SELLLLLLLLL NOWWWWWWWWWWWWWWW
>~US$ 5MM worth of CryDRs will be issued as part of the first open jCash (~25%) and jBond releases (~75%)
lmao 4m mcap covered. bagholders on suicide watch
Already sold. Lmao. Thank god.
Nice economic understanding, faggot. Current market cap is based only on speculation. 3.75 million going into jBonds when the open pilot starts is going to pump the price. Just look at the order books.
>Jibrel Network Token economics are designed to provide specific services, by trading JNT, the economics no longer allow for the token to fulfill its objectives and the system has a high risk of becoming unbalanced
sorry for you loss bro. should have sold after the little post-ico pump
Fudding a disclaimer. Nice job.
dw man, I'm actively trading these swings. Would go out on alimb and say I'm doing better than you. Thanks for the concern though.
I see so many posts about this why does Biz like such fucking trash I'm not even kidding what the fuck
There are surefire low cap coins and you fucktards go on about shit like this
well, as a brainlet i can say: price doenst go down fast = good news in bear market
What did they mean by this?
HOLY SHIT BUY NAO!!!!
LOOKS LIKE THEY KNOW HOW TO USE EXCEL
WE MOON NOW
Nigga you cant ask people to not trade your asset!
>Please dont swing trade this you guys Im serious
It's funny to me to see how long it's taking the market to respond.
All the brainlets are asking themselves....is this bullish or not?!? Buy or Sell?!?!
>entire article was supposed to be about clarifying seed partnership
> get 1 paragraph containing usual vagueries
SELL
these are honestly really interesting to read, and their simulations for the solution of solvency really held up some important fundamentals
Any of you guys issuing a $10,000 jBond by locking up $15,000 ($10,000 + 50% buffed) in JNT that could be liquidated?
Also who is going to pay this 10% premium for a jBond?
Can't you see that we're seeing a SURGE of capital flowing in??
I don't think this was the article we were waiting for. I think this one was an attempt to stop people from mass selling after the last article.
It was supposed to be though. Which is gonna piss people off
moon
Is anybody here familiar with the Korean real estate market?
I've heard rumors about Jibrel doing big things in Korea, but as usual. there's very little to substantiate it.
Anyway, in Korea, people don't really pay rent. Instead, they typically put down a large deposit, and the landlord uses that lump sum to invest and try to earn a better return than a monthly rent can bring them. This is called a Jeonse.
I'm wondering if Jibrel is trying to partner with a Korean bank to cash in on the popularity of blockchain tech and the sheer vloume of landlords with $1million + cash that they're looking to invest. It seems like a pretty big cash cow.
That BiboxBot's no dummy.
You'd have to be a retard to sell at this market cap with 3.75 million coming into jBonds in literally WEEKS. But go on. I'm comfy back in. I sold after the last article, I can stomach any drop now.
No, they said already that would be coming next week. This one is to clarify the confusion around jCach/jBonds
This
FUDDERS BLOWN THE FUCK OUT WHAT THE FUCK IS WRONG WITH YOU PEOPLE IN THIS THREAD, THIS SHIT IS GONNA MOON SO HARD MY DICK IS GONNA FALL OFF
Their explanation of jBonds basically says that the tokenizer is taking on all of the market risk, and providing a stable asset to the buyer. Who would actually tokenize and take on all this risk?
Wait what, there is yet another medium article coming out? I thought this one was the one everyone was waiting for.
THIS ARTICLE IS THE NAIL IN THE COFFIN
>don't trade JNT or jBonds will be insolvent!
>above is excuse for no good exchange listings ever
>tokenization will only be a tiny pittance
>model is huge confusing excel sheet so no one looks at it, if you actually evaluate it proves that a whale could implode the whole jBond solvency model and make a fortune
>introducing jGas, another new form of scope creep that will further delay everything
fuck, i can't believe i fell for the jNT meme
A matured platform should be stable enough to minimize risks, but getting there will be their biggest hurdle. We already knew that though.
I too read that Verge article.
The speculative trading part is just a disclaimer brainlet
At least someone understood
ALSO THE VOLUME IS REACHING 0
NO BUY PRESSURE
HUGE SELL WALLS
lol obviously just bought 5k jnt
I agree, number of wallets keeps slightly increasing (not by much, 5 new wallets a day) and the rankings havent moved much. Really not much action taking place
It isn't catastrophically bad news so that is good.
So a 3rd medium article is on its way next week? I follow the telegram daily and didn't see this. The first (the one just released was the 2nd) contained this same kind of shit and talal said that the 2nd was supposed to be entirely about the seed partnership. So they're making a 3rd?
God forbid they make multiple large detailed articles to ease investors worries!
Yeah, I don't know when it's going to be released, but I knew this one was only meant to address the confusion from last week's article.
>Guarantor Parameters
>JNT Pledge = amount of JNT Pledged = 6,363,134 JNT
>Assets = value of JNT Pledged (JNT Pledge X JNT Price) = AED 10MM
>Liabilities = value of CryDRs in circulation = jAED 10MM
6,363,134 JNT x 0.66 = 4,199,668.44 AED
Thats a 60% shortfall between the 10mil in liabilities?
Anyone care to explain?
their solutions they list make it a non-issue, keep reading
You realize that one aed is 0,3 usd?
The majority of tokenization will neither be jcash nor jbonds. It will be jAssets since dubai has lots of real estate of which jnt wont profit from. Screencap this.
I admire your dedication to finding a grim lining.
Not sure if 25% extra covers the full drop. It looks like they had an initial price of 40cents USD and it dropped to 18cents so about 55% drop.
But even with 25% more assets initially wouldn't that all be eroded with a slightly larger drop? Say if someone tokenised at 60cents and it dropped to 18cents.
Yes, it is calculated in AED dumbshit. JNT is 0.17 in USD not 0.66
>reads half the article
>stumbles on something he doesn'tunderstand
>stops reading IMMEDIATELY
>omg Jow Forums look at this issue I found
I read the whole article brainlet and it doesn't provide any solution other than put more money in it.
>Provide initial reserve capital: initial reserve capital of 25% of CryDR issuance should be put in place when the system is launched
>Increase jGas fees: increase jGas fees to 0.2 JNT, potentially adding jGas to JNT transfers as well as CryDR transfers
>Increase Buffer Percentage: a liquidation percentage of 12.5% will allow the system to withstand market conditions, but will increase downward price pressure during surplus periods
>Add JNT Utilities: Providing additional JNT streams to the Jibrel DAO will maintain a source of JNT, irrespective of CryDR activity or demand
1. Put more money in
2. random fees
3. Liquidate people more
4. random fees
The fuck?
Talal and Yazan need to hire a babysitter for people like you (paid in JNT). That would increase JNT utility 2000%
I'm pretty sure this is just going to keep bleeding for the next few weeks. Tokenizing a few million will give it a slight pump but it will dump once some people have a chance to exit.
I don't know what their particular problem with exchanges is but it would really help stability.
oh look it's the same dedicated no-life fudder who can only think about jnt.
I read it and I dont even know if its bullish or anything.
Sounds like our token is just a jGas thing more than anything.
Why at the end it has a please dont speculate on JNT price.
I dont know. I feel like its more of a Etherium Gas gwei thing than anything.
I dont get the price thing.
>these are honestly really interesting to read, and their simulations for the solution of solvency really held up some important fundamentals
>. This is a straightforward mechanism and you should be able to follow along and model your own Proof of Solvency solution.
Was anyone else really put off by the tone of this thing? The author is basically calling us idiots.
Talal is the typical rich smug/arrogant young adults. I bet he is an asshole.
It makes me like him even more.
Why do you say the exact same thing in every thread, it's weird user
And apparently it was a failure.
Too much FUD and i am trying to give the actual picture of whats going on
No one is selling faggot
literally no one knows. it was another bait and switch. clearly nobody understands anything and they bait and switched by introducing more new stuff.
I'm trying to read the medium article for the third time and still don't really get what's going on.
>$0,166466 USD (-6,51%)
>0,00002522 BTC (-4,55%)
>0,00044984 ETH (-3,94%)
No shit its going down thanks for the reminder. I didnt say the price wasnt decreasing.... I think a blind man can see that. "Massive selling" as the idiot stated above is simply just not true.
I'd just forget about it. Any retards that sell deserve it. Especially with the state of the market as a whole, what do people expect?
I am not even thinking about selling and wont sell or even think about selling til EOY
Take a breath man. I'm holding too and think the token is undervalued but this medium article failed.
Oh man, all this coping is hilarious. They lied. Again. This article was, accord to Talal last week, supposed to be primarily about the SEED partnership. As user mentioned earlier, you instead go 1 buried paragraph buried deeply in the post restating the same vague rubbish about SEED we already knew. They just keep stringing everyone along and anytime anyone attempts to call them out on it on telegram they get banned and even worse, you mongoloids back them up rather than holding them accountable.
Talal is a known liar.
I am dont worry, all the FUD will mean nothing in the future
Technically he didn't lie. This article is just a different article. This article isn't the Seed article. They're going to release the Seed article a week late aren't they?
Out of the several people asking if this is the case on the telegram, not one has been responded to.
Bibox Deposits doesnt go through
Im done
been there multiple times. Start a ticket and they'll eventually respond
>that oc
saved. also nice pepe plushie .
if that pepe only was mine
get out ASAP
The worst thing about Bibox is not the deposits, it's the FUCKING bots trading and fucking up your orders.
fudding away, should i wait a year or sell now.
Sell now. Jcash and jasset not jnt backed and jbonds require a premium . jnt is going down down down
Never ask to biz advices. Never.
GIVE ME A BREAK GAYLAL!
flip a coin
or sell half
It failed? You seriously think the purpose of this article was to pump the price of the token? They don't give a shit about the token value right now.
I have fudded jnt a ton. thinking about all-in at this point
yeah, you even fudded in this thread like everyone else but any bizbro with a bit of brain realizes this project has a much better chance of mooning than others
stay poor fags
explain the brainlet into holding this JNT when they clearly dont care about JNT price.
that is the issue. They will never care about the token price since they have a real business.
The point of the article was to try to frame the changes from the last article as positive. It failed to do that.
what can i say its a reflex. I have 25k jnt so far
i now believe they are > 80% likely to
1. implement on-chain solvency which will support the price
2. succeed at tokenizing significant assets with on-chain solvency over the next 18 months
Hello Bog
dumbass sell if you dont understand the project god damn
>Note. price support generated by the Jibrel DAO converting the cash reserves into JNT is not modeled in.
>Only downward price pressure is considered in our models.
>In reality, the system would have stayed solvent
No one understand the project, dont act like a smart ass.
I understand mostly the concept but the technical aspect is confusing and admin are always vague
yeah but this also goes in both ways when someone redeems his crydr
You are literally asking people on fucking Jow Forums what to do with your money
jAssets will not be backed by JNT (which will be the majority since the sheick wants to put his real estate on the block chain). jCash/jBonds will only be a small minority.