JNT 1K EOY CONFIRMED

If it is the cause for the pump it is probably bullish overall. Especially if they are moving back to the crypto-fiat solution with entirely on-chain backing.

Fuck I despise supply niggers, do you niggers even know what the marketcap is? The supply doesn’t matter.

Also, op, these are proposals apparently, so nothing official rn (although incredibly bullish imho)

Sir, they voted to pass pass the proposal.

Also it pumped last week and by coincidence it's around the same time the proposals were being to the smart contract, with NO REASON.

Hmmmmmm makes you think anons :)

Can you explain for a brainlet how you derive the greentext comments from the transaction details?

Who's voting on these proposals....that's what I want to know.

Click the input data to UT8...just press the button

It's unclear but it is an address that has been used in Jibrel's CryDRController smart contract; in mint() functions specifically. I don't know what it means though, but it definitely belongs to the team

Why is increasing the supply a bullish sentiment? Because normies will perceive it to be cheap?

It's not bullish. It's rather inconsequential. Maybe even bearish, as we can't meme $1000 EOY anymore.

Yeah I liked that the max supply was capped at 200 million. Oh well. Percentage's are all that matter I guess.

They would have to airdrop it afaik. Brings normies in. Muh airdrop

That is the thing though. They would be airdropping it to people who held the tokens previously. It isn't just a free airdrop. Not to mention the FUD it is going to get when the price suddenly drops 90%

Also this is definitely no reason for a 100% rally. There is something more behind the rally.

Purely being backed by JNT again is absolutely a reason for a 100% rally.

>Purely being backed by JNT
But it's not and never was.

I was talking specifically in the case of jBonds and jCash being separated out and according to this being merged again so it is also on-chain solvency again.

>one stable coin solution (crypto-fiat)
Stop moving goalposts. You said
>purely being backed by JNT
Again. It's not and it never was.

Also assuming it's the original model, it's bearish if anything. jBonds' advantage was the lack of requirement for KYC.

I'm not moving goalposts. I simply wasn't as clear as I could have been and you interpreted it in a way I didn't intend. It isn't goal post moving to clear the confusion up.

>Again it is not and never was
jCash was absolutely backed entirely by JNT with the off-chain money being liquidated to buy more JNT if it was needed by the DAO.

It is entirely possible they have gotten around or found a better way of doing KYC that makes it ideal to merge them again.

Jbonds isn't going anywhere.

If Jcash has JNT solvency again that means all the central bank money will be pumping NEET bags to fucking infinity. Every dollar of FIAT that gets minted into Jcash has to be backed onchain by JNT AND JNT has to be burned.

If this is true the moon mission is back on and now we know that they're actually meeting with central bankers.

Feels like holding eth late 16
This is it folks, forget the fud this shit is for real, get in now or be left behind

Music to my ears offendi. May the small smooth new born goat struggle only slightly and the mother of all gains smile on the date tree in the valley. As the ramadan sun sets we will dance in the shade of Allah's grace, and witness the mooning of a thousand solstices.

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t. Wojak kek

Inshallah my brother

what are you faggots even talking about?

Ahumdillah offendi, the ship of the desert may flee when faced with a stiff stick but the father of great and overly milky tea will smoke the sheesha in Mecca during Hajj.

Should I go all in this shitcoin?

It's being covered by nasdaq and yahoo finance... this stinks like a fucking top 5 mcap

subjectively do you people actually think that these banks are going to pump your bags? if it’s too good to be true it usually is

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Teach me how to speak poetry like you brother

Not the biggest news to come out of this, but ledger support is pretty interesting. I'd love to use jWallet rather than shitty MEW.

well... it's happening faggot (:

ok then you cunt

please apologize

Token split is actually pretty fucking bullish if it happens believe it or not. Though this coin mostly appeals to institutional money, I would also like normies and retards to buy my bags, and it will be easier to dump on them if the coin is "cheaper" with a higher supply.

Yup I believe that too.
>Imagine Ripple going to $10000

Yeah it's going to be very nice for that reason alone. In terms of increased liquidity I'm not really sure I understand that point. I can't imagine working with decimals is a problem for institutions but whatever, cool news either way.

I agree 100%... I hope this is real and they actually do it

Sound too fake to be real

Sounds too bullish to be real honestly. Though it would explain the pump.

Have we considered the possibility that they are testing some kind of voting system and these are just examples? Would be weird to do this on the live network....but all the transactions except for the most recent one are coming from the same address.

It could be, but then again why are they using this type of data inside? If it were a test wouldn't you put lorem ipsum? This data seems too real desu

unironically yes

Where is tha Bank of England user?
From that NASDAQ article:
>Most immediately, it now allows the platform to provide fiat-to-crypto and crypto-to-fiat ramps to users in the United Kingdom, Germany, and Switzerland, with more jurisdictions to be added over time.

everything's gearing up to an announcement of this magnitude desu

We are getting closer and closer to everything being released it seems.

Big if true

Phil brought this up in the Telegram as well while all the other autists were sperging out. Probably the one telegram regular with half a brain.

I strongly believe it's just some sort of governance testing.

Please read this.Very weird for a test. Will you run a test with that type of data?

And use an account that is a known Jibrel account for this?

Tests are run on Ropsten or Rinkeby networks, not on the main Ethereum net

uuuhhh.. a 9:1 split and an increasing the coin cap from 200M to 2B?

So were getting 10% dilution?
a 9:1 split results in 1.8B JNT existing, not 2b.

Not intending to fud here, but lack of dilution is one of the main reasons were trading crypto and not penny stocks.

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You're right, it's 1.8B JNT. Please explen the lack of dilution though I'm a brainlet

It says pretty explicitly they are going for a 2B coin cap regardless of the other wording. They presumably meant 1.8B + current 200M = 2B.

No, it means you keep the 1, they give you an extra 9 on airdrop for each 1.making the 200mill total to 2 billion.

Yeah, not sure why they would test contracts on the main net... I guess we'll get an explanation from Talal at some point.

true my bad

I understand what you mean though. Token holders get 1:9 while they increase the total supply to 2Bill

I hope you're right, but in the case of a traditional split saying 9:1 split means every 1 share turns into 9.

a major bitcoin crash could give us one more chance to pack our bags in the 30c range

Crypto is not stocks.

>Remove jBonds and only use jCash as originally planned with only one stable coin solution (crypto-fiat)
>boosted coin supply

We're actually going to get rich lmao. Normies are going to lap this up.

god i hope this shit goes to 30c I want at least 150k for the moon mission and I wasn't finished stocking up when the first pumps happened.

Keep selling faggots...already 0.45 dollar. I will rebuy soon, but for now this hasn't even found any support.

This is probably the single best jibrel thread ever posted on biz. The level of autism it took to dig all this shit up is commendable. Well done user.

You realize it is up in ETH and BTC from when it was .50 yesterday right? BTC and ETH are just crashing.

Damn OP, good find. Although I still don't think this explains the pump, I would say it's more probable that they were tokenizing cash for a pilot.

Don't bother user he's literally retarded.

ok boyz how many to make it

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Everyone that is holding it, is holding it long term. 30K is the average amount to comfortably make it within a year. 10K is enough to make it in 2020

0.44 dollar already..i am asking myself who the real retard is

Unless you are tethered up you aren't gaining anything from it going down as the BTC and ETH value are staying pretty much the same. The entire market is down.

I am comfy in my true USD. This shit will drop below 0.40dollar easily in the next hours

Yes goyim. Sell your bags now. :^)

>It is just a True USD shill
Oh I see. Carry on shill. I know better than to bother arguing with people who are paid to do this shit.

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lol what the fuck dude, anyone could make that shit up and tell the story

Why would you shill true USD? It is supposed to be 1 USD, not more, not less. But at least you can trust them more than bitfinex...
... nevertheless 0.42 dollar already. Looking bullish as fuck. :)