Just went all in and bought 82k JNT. I swear to god, if I fell for a pajeet scam, I'll kill myself

its ok I'm only up to 2,800. Too hesitant to go all in because I'm not aware of any major upcoming events that would cause a mooning and thus I don't want to tie up money.

16000 jnts jintlemen. Let’s us be blessed by allah and receive riches

>abbas zuaiter
>former coo soros fund

>mohammhad al sehli
>CEO & founder of Arabian chain

>don tapscott
>ceo of himself

You gonna get pajeet'd

FUCK WHEN IS THIS HITTING $3 PUMP THE COIN REEEEEEEEEEEEE

yeah I don't want to go all in either, I could get around 20k if I went all in but I don't want to put all my eggs in one basket
either way I still can't compete with people with 6 digit tokens

>dr. moe
he looks like clark kent, we're safe

I went all in before it spiked, hodling strong, we're going to at least 3 dollars

which japanese lit bro is that?

young mishima?

What does it matter? My research won't affect the price. I've done enough research to know that it's a legit project, and that's all I need. Everything else is basically luck.

not a bad mindset.

Is this a scam? I don't think that Sheik is even a real person.

$.150 tops eoy before the crash

SEED Announcement likely to be this week; check the jibrel reddit for source.

Dump it boys.

DUMP IT SO I CAN GET MORE AAAAAA

only 5k here. goddamnit.

80k reporting for duty.

>mohammhad al sehli
>mohammhad

I don't understand how this coin could have a multi-billion-dollar market cap.

Maybe it gets to $1 billion? I guess a chance at a 10x is okay, but I feel like just holding ETH or BTC has a much better chance at a 10X over the next couple of years than some random coin.

I feel like, I need a chance of 100x if I'm going to buy a shitcoin.

Read about it nigger. It's not a random coin.

well you convinced me to put 3 ETH into it

what should i read about it though

The very same

JNT is a liquidity tool for the network guaranteer. The network will accept a number of different assets, but it will start with accepting fiat assets, bonds, and CDs. Therefore whenever an asset is listed on the network, the marketcap of JNT rises since JNT is proof of solvency.

I have some throwaway shekels I was gonna put into JNT, what exchange do we buy it on again?

Meaning that, if some super rich people decide to use JNT (which might actually happen thanks to the Dubai partnership) the price will grow consistently, which in turn makes people buy, which makes the price grow, which creates confidence for rich people to invest, which grows the price, which makes people buy, ...

bibox is where i got mine

this is my target amount but of course i can't get my FUCKING fiat to invest until 2 weeks from now

I just read the whitepaper.

It looks like you use JNT to pay fees on the network. Hm.

it is also for proof of solvency - the price is essentially fees on network + $ of tokenized assets + speculation

Read it again sweetie, you didn’t get it

Anyway, I just threw the last of my shitcoin budget into this. My shitcoin fund is now 40% CPChain and 60% Jibrel. Thanks, Anons!

pump comin

whitepaper doesnt explain it very well desu, check out this medium post:

medium.com/@jibrelnetwork/jcash-and-jibrel-network-token-roll-out-61f267e9a083

u still have chance to dump ur holdings and get into iota. this most important choice in ur life

NO DON'T TAKE OFF YET

AAAAAAAAAAAAAA

Hm. Okay.

By your estimates, what's a potential market cap for this token in say, a year?

Basically, a I just bought 4.5k JNT. Will that be worth $2M if the Jibrel team succeeds in their mission?

If they're truly "successful", should be worth a lot more than $2M. Not by next year though, they're not really doing truly important stuff until the end of this year.

Long term perhaps, I think 10k is around the official range where a million is possible within 2 years. With that amount you'll be making a lot of money though.

If this gets adopted (and all partnerships and advisors point to it being adopted) - it'll be pretty nuts.

I suggest doing some more research - at the least this will be $1 billion sooner or later - when things start really rolling then yeah $10 billion plus is certainly not out of the question.

It isn't tied to the crypto economy the way most coins are. In either case, it is a massive project and they have the tech, team and partnerships to execute.

sick and tired of shitcoins pumps but IOTA stays same and can't even end up on front page (censored)

Veeky Forums is full of cockmind faggots. This coin will hit $100000$ EOY. Screenshot this

be patient and wait for whatever the SJW devs have in store

Well as long as you're sure it's not a pajeet scam you should be confident in your investment and not kys if you end up losing your money.

Serious though next week guys, just be patient

You said that last week.

Sell then

If any of you goys read up on this project, you've probably come to the conclusion that JNT will be a hedge against bitcoin as well due to the jcash pairings. If all goes well, we have an audited tether that people will flock to during a crash, and the best part about it: JNT marketcap expands with jCash.

You'll be able to make money while BTC shits the bed.

Hm.

I'm not quite sure... what kinds of things would one want to put on the Jibrel network?

Their example on Medium said a simple ocntract where someone pays $11k to get $10k a month later. It made sense, but then I think: what if I wanted to put my house on Jibrel? Or, let's say some strategic partner wanted to put a house on Jibrel and sell it on the Jibrel network?

They already have the house. Let's say it's worth $200k. They need to lock up $200k worth of JNT tokens in a contract in order to tokenize that house. Then someone else pays them $200k worth of JNT tokens to buy the house..?

It's not really clear to me why someone would tokenize their assets if for $1 worth of asset they want to tokenize, they had to purchase an additional $1 of JNT. That's an overhead of 50% of the value of your assets, wasted by just sitting there when you tokenize it.

is this in coss.io?

there are things that make more sense to tokenize
>stocks but they're literally tokens

So some entity pays $100 for a share of Apple stock. Then they lock up $100 worth of Jibrel tokens to tokenize it. Do stocks really make more sense to tokenize here? It still seems like for every dollar worth of something useful, some entity has to lock up $1 worth of JNT that just sit there on the network until they're cashed out.

Since that money could be put to work once it is no longer being held on the JNT network, it seems like there's an incentive to minimize the amount of time an asset stays tokenized. Am I understanding this wrong? If I'm right, then tokenizing assets shouldn't vastly increase the value of the JNT token, because there's a strong incentive to un-tokenize them ASAP.

Bump

holding 35k JNT. lets guuuoooooo

If you are looking for short-term gains, this is not the coin for you. But if you're looking for something to hold for months or years, then I'm pretty sure JNT is one of the best options right now. Once they start tokenizing assets it's VERY unlikely that JNT completely crashes, but it's likely that it steadily rises.
But as I said - no short term moon mission here. Maybe $10 EOY? I bought JNT because I wanted something I can just forget about for a year, so I can go on with my life.

You know how tether is worth like $1.03 when it is being used? It is the same confidence. On chain assets could potentially be worth more than they are off-chain.
It also allows for ownership and value to be transferred more easily.

But basically it would go like this. I'm a financial institution. I want to tokenize $100 million worth of stocks, bonds, etc. I tokenize those, and because jCash is being used, that $100 million is now worth $103 million. So basically I have a 3 percent gain off nothing more than tokenizing my assets.

3 percent may not seem much to us, but for an institutional investor it is huge. Obivously this is marketed at people with immense amounts of money, as 3 percent on most investments wouldn't be significant.

>For every traditional asset held a
tethered token is minted

>The JDB will receive / hold traditional assets on behalf
of their owners and issue their respective CryDRs.
Uponsends it to the owner’s wallet. Upon redemption of
a token, the token is destroyed and the underlying asset
is transferred to the token holder.

From what I understand, a token is minted that is correlated to every asset, and you can trade for that asset using JNT or an accepted jCash. I don't believe any JNT is locked up when an asset is listed.

Bump. Anyone got an answer?

The Jibrel DAO needs to hold enough JNT to provide solvency for all transactions.

So for every $ value of asset tokenized, the Jibrel DAO needs to hold a corresponding amount of $JNT to provide proof of solvency.

They essentially are going to function like the first crypto bank.

>Obivously this is marketed at people with immense amounts of money

This is why I believe JNT is a good investment. This project either flops(I don't believe it will), or it will unironically reach a $500b mcap or maybe even tickle a $1t mcap in some years. It's not meant for consumers really, it's meant to be a tool for rich people to hedge and profit off of their already large sums of money.

normally i would suggest fags strongly going all in on one basket.

This is Jibrel tho. The team, the connections, the project are all all stars. It will be worth $44.98 EOY

source: im a brainlet that told you oldfags to buy ETH sub $10 worth. Got 200K jibrels.

Theyre also a bank the unbanked initiative though. So yeah I think we can see crypto-fiat tokens popularized for payments and being used as ecurrency within the EU and other places.

Youll be able to send jCash by SMS.

They also have hinted that youll be able to go from your bank account to jCash and back.

It is a massive and very robust project. Assets are only one thing they are trying to do. They want to get rid of cash and help inaugurate the adoption of cryptofiat.

my basket only has JNT and OMG, I'm not going to even try to trade because I've tried it and I suck at it. I just want solid picks to hold for 4-5 years. I might end up investing whatever fiat I make in other tokens later on but these ones I don't want to touch before they're ready

Well, yes, true. I guess I just meant that wealthy adopters are what's going to drive overall adoption. The SMS thing might not bring in a lot of money, but it's genuinely a good idea and would likely be the only way to truly bank the unbanked.

No yeah, its an added plus more than anything.

Although it does hint that they'll need to have some massive reserves on hand for it to be properly implemented.

They certainly have the connections to do so.

Yeah they have said a few times that they're going to need pretty significant liquidity for this to work properly.