G
Gucci00:41:03 - 13 Dec 2018 [UTC]
Philippe van Sternberg
with the little addition that no institution is allowed to cooperate with Jibrel...
just
J
Jimmy00:48:18 - 13 Dec 2018 [UTC]
Yazan15
For full transparency
Issue 1. Institutions cannot transact using digital / virtual currencies at this time.
This doesn’t only impact Jibrel, so we don’t view it as too much of a stumbling block. At some point, regulation will open up, and Jibrel as well as other startups will be able to build decentralized applications.
This will likely begin happening in 2019, as more institutional activity comes online (e.g. Bakkt).
So this isn't a permanent stumbling block.
๐ฏ
M
Madoff wasn't on the blockchain00:50:28 - 13 Dec 2018 [UTC]
and PLEASE. **PLEASE! DO NOT PUBLISH AN UPDATE THAT “ANSWERS” OUR QUESTIONS. EVERY TIME YOU DID THAT, ONLY MORE QUESTIONS AND CONFUSION CAME UP AFTERWARDS!**
M
Madoff wasn't on the blockchain00:50:57 - 13 Dec 2018 [UTC]
leave it as it is and don't do any more damage.
H
Howard00:51:19 - 13 Dec 2018 [UTC]
maybe the team can select few of the active members and have us screen it
T
Tim00:52:03 - 13 Dec 2018 [UTC]
Philippe van Sternberg
with the little addition that no institution is allowed to cooperate with Jibrel...
Not quite what he said. Institutions can't use transact using virtual currencies, and not just Jibrel. Clearly there are institutions cooperating with them since they did launch the bond with Al Hilal.
J
Jimmy00:53:12 - 13 Dec 2018 [UTC]
Yazan15
And all we can promise is that we're working hard to:
1. Build products people love
2. Stay true to commitments to early backers
๐
M
Madoff wasn't on the blockchain00:54:38 - 13 Dec 2018 [UTC]
Exactly, they cannot use virtual coins and thus no JNT. This is all we are interested in
AH
Ala Haddad00:55:10 - 13 Dec 2018 [UTC]
Mahid
Oof reading this channel today was a bad idea
Hey Mahid, I read your comments and totally understand your frustration. In an increasingly complex space with worsening situations, it is tough to be Jibrel right now. The space is changing and the expectations of investors, users, speculators, enthusiasts and builders are changing by the minute.
I recently joined the Jibrel team to help provide a link between the team and the community on a closer level, and I've been learning about the business and understanding what Jibrel is trying to do. Let me tell you, it is extremely difficult to be Jibrel right now, but the team is literally pushing day and night to keep up with expectations and the pressure being put by the community, the investors, and the team on itself. The team was well funded and could have paid themselves a nice sum (+ the fact that they liquidated crypto at almost the top, something 90% of the crypto space messed up on and are now either bankrupt or dissolved, https://www.wsj.com/articles/layoffs-become-the-latest-thing-in-cryptocurrency-1544471449) but all they did was grow the team to now over 30 employees accross 3 continents, very few companies are doing that.
Jibrel is now in the process of releasing the crypto products alongside piloting and working with regulators and banks to provide Jibrel solutions. The negative sentiment towards the role of JNT token is valid but you have to understand that the team will do all it can to utilize JNT in different use-cases (other than the Islamic Finance, Remittances, and in B2C products).
I can't stress enough the fact that everyone's reputation is on the line and we are working extremely hard to keep that reputation and not only that, but build an amazing company that will dominate in the next 5 years when crypto adoption is on the rise. The bear market is bringing out negativity out of people and it is understandable, but we are in full gear to prepare for the next wave of adoption and we will be ready for it.
Pivoting is a normal thing in the startup world and changing plans should not be seen as bad at all, in fact it should be seen as that the team is responding to its surroundings and trying to be on top of current advancements. This is a long game and the team is preparing itself to be ready for any type of killer utility for the token and then capitlizing on it. Not only that, but releasing extra products whenever the opportunity arises for creating a product that fills a market gap. We have the capital, team, and drive to be on top of this game and nothing can stop us from working hard and building products that we think the world will love and staying true to our early investors and backers.
Glad to address any more concerns.
AH
Ala Haddad00:55:43 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
Exactly, they cannot use virtual coins and thus no JNT. This is all we are interested in
Please inform me of tokens being used today by any regulated entity directly (without fiat gateways)
J
Jimmy00:58:28 - 13 Dec 2018 [UTC]
Yazan15
And 6/7 are restricted by their central banks.
Is Jibrel able to conduct some POCs or Pilots in these regions in a sandbox environment that’s approved and supported by their central banks with these institutions Yazan?
I know a number of central banks are allowing these for Blockchain and fintech companies in some regions.
B
Bk 13 [$JNT]00:59:08 - 13 Dec 2018 [UTC]
arhadd
Hey Mahid, I read your comments and totally understand your frustration. In an increasingly complex space with worsening situations, it is tough to be Jibrel right now. The space is changing and the expectations of investors, users, speculators, enthusiasts and builders are changing by the minute.
I recently joined the Jibrel team to help provide a link between the team and the community on a closer level, and I've been learning about the business and understanding what Jibrel is trying to do. Let me tell you, it is extremely difficult to be Jibrel right now, but the team is literally pushing day and night to keep up with expectations and the pressure being put by the community, the investors, and the team on itself. The team was well funded and could have paid themselves a nice sum (+ the fact that they liquidated crypto at almost the top, something 90% of the crypto space messed up on and are now either bankrupt or dissolved, https://www.wsj.com/articles/layoffs-become-the-latest-thing-in-cryptocurrency-1544471449) but all they did was grow the team to now over 30 employees accross 3 continents, very few companies are doing that.
Jibrel is now in the process of releasing the crypto products alongside piloting and working with regulators and banks to provide Jibrel solutions. The negative sentiment towards the role of JNT token is valid but you have to understand that the team will do all it can to utilize JNT in different use-cases (other than the Islamic Finance, Remittances, and in B2C products).
I can't stress enough the fact that everyone's reputation is on the line and we are working extremely hard to keep that reputation and not only that, but build an amazing company that will dominate in the next 5 years when crypto adoption is on the rise. The bear market is bringing out negativity out of people and it is understandable, but we are in full gear to prepare for the next wave of adoption and we will be ready for it.
Pivoting is a normal thing in the startup world and changing plans should not be seen as bad at all, in fact it should be seen as that the team is responding to its surroundings and trying to be on top of current advancements. This is a long game and the team is preparing itself to be ready for any type of killer utility for the token and then capitlizing on it. Not only that, but releasing extra products whenever the opportunity arises for creating a product that fills a market gap. We have the capital, team, and drive to be on top of this game and nothing can stop us from working hard and building products that we think the world will love and staying true to our early investors and backers.
Glad to address any more concerns.
Nice... Agree...
JR
Jimmy RUssle01:00:30 - 13 Dec 2018 [UTC]
How are we looking on those canvas tote bags?
KV
Korbinian von Obazda01:00:34 - 13 Dec 2018 [UTC]
arhadd
Hey Mahid, I read your comments and totally understand your frustration. In an increasingly complex space with worsening situations, it is tough to be Jibrel right now. The space is changing and the expectations of investors, users, speculators, enthusiasts and builders are changing by the minute.
I recently joined the Jibrel team to help provide a link between the team and the community on a closer level, and I've been learning about the business and understanding what Jibrel is trying to do. Let me tell you, it is extremely difficult to be Jibrel right now, but the team is literally pushing day and night to keep up with expectations and the pressure being put by the community, the investors, and the team on itself. The team was well funded and could have paid themselves a nice sum (+ the fact that they liquidated crypto at almost the top, something 90% of the crypto space messed up on and are now either bankrupt or dissolved, https://www.wsj.com/articles/layoffs-become-the-latest-thing-in-cryptocurrency-1544471449) but all they did was grow the team to now over 30 employees accross 3 continents, very few companies are doing that.
Jibrel is now in the process of releasing the crypto products alongside piloting and working with regulators and banks to provide Jibrel solutions. The negative sentiment towards the role of JNT token is valid but you have to understand that the team will do all it can to utilize JNT in different use-cases (other than the Islamic Finance, Remittances, and in B2C products).
I can't stress enough the fact that everyone's reputation is on the line and we are working extremely hard to keep that reputation and not only that, but build an amazing company that will dominate in the next 5 years when crypto adoption is on the rise. The bear market is bringing out negativity out of people and it is understandable, but we are in full gear to prepare for the next wave of adoption and we will be ready for it.
Pivoting is a normal thing in the startup world and changing plans should not be seen as bad at all, in fact it should be seen as that the team is responding to its surroundings and trying to be on top of current advancements. This is a long game and the team is preparing itself to be ready for any type of killer utility for the token and then capitlizing on it. Not only that, but releasing extra products whenever the opportunity arises for creating a product that fills a market gap. We have the capital, team, and drive to be on top of this game and nothing can stop us from working hard and building products that we think the world will love and staying true to our early investors and backers.
Glad to address any more concerns.
I must say clear and good points, well written and great mindset behind the Text. Thank you Ala!
M
Madoff wasn't on the blockchain01:01:02 - 13 Dec 2018 [UTC]
I want to stress out the fact, that my reputation is on the line, too! I told my work colleagues, my family and friends about Jibrel and advised them to buy
AH
Ala Haddad01:01:18 - 13 Dec 2018 [UTC]
Jimmy RUssle
How are we looking on those canvas tote bags?
Sending these tomorrow morning
KV
Korbinian von Obazda01:01:43 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
I want to stress out the fact, that my reputation is on the line, too! I told my work colleagues, my family and friends about Jibrel and advised them to buy
Haha I did the same, or better motivated them by talking about it
JR
Jimmy RUssle01:02:14 - 13 Dec 2018 [UTC]
arhadd
Sending these tomorrow morning
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐๐๐๐๐
T
Tim01:02:24 - 13 Dec 2018 [UTC]
arhadd
Sending these tomorrow morning
๐Thank you sir!
JR
Jimmy RUssle01:02:58 - 13 Dec 2018 [UTC]
I am very happy for this new..... i can at least give my wife something for christmas (Iam morally opposed to christmas but my wife insists)
PV
Philippe van Sternberg01:08:50 - 13 Dec 2018 [UTC]
Jimmy RUssle
I am very happy for this new..... i can at least give my wife something for christmas (Iam morally opposed to christmas but my wife insists)
this is a great idea, it would be a nice christmas present ๐. I think she'll be very happy. Could I also get one, please?
AH
Ala Haddad01:10:30 - 13 Dec 2018 [UTC]
Philippe van Sternberg
this is a great idea, it would be a nice christmas present ๐. I think she'll be very happy. Could I also get one, please?
PM ๐
R
Relique01:19:14 - 13 Dec 2018 [UTC]
arhadd
Hey Mahid, I read your comments and totally understand your frustration. In an increasingly complex space with worsening situations, it is tough to be Jibrel right now. The space is changing and the expectations of investors, users, speculators, enthusiasts and builders are changing by the minute.
I recently joined the Jibrel team to help provide a link between the team and the community on a closer level, and I've been learning about the business and understanding what Jibrel is trying to do. Let me tell you, it is extremely difficult to be Jibrel right now, but the team is literally pushing day and night to keep up with expectations and the pressure being put by the community, the investors, and the team on itself. The team was well funded and could have paid themselves a nice sum (+ the fact that they liquidated crypto at almost the top, something 90% of the crypto space messed up on and are now either bankrupt or dissolved, https://www.wsj.com/articles/layoffs-become-the-latest-thing-in-cryptocurrency-1544471449) but all they did was grow the team to now over 30 employees accross 3 continents, very few companies are doing that.
Jibrel is now in the process of releasing the crypto products alongside piloting and working with regulators and banks to provide Jibrel solutions. The negative sentiment towards the role of JNT token is valid but you have to understand that the team will do all it can to utilize JNT in different use-cases (other than the Islamic Finance, Remittances, and in B2C products).
I can't stress enough the fact that everyone's reputation is on the line and we are working extremely hard to keep that reputation and not only that, but build an amazing company that will dominate in the next 5 years when crypto adoption is on the rise. The bear market is bringing out negativity out of people and it is understandable, but we are in full gear to prepare for the next wave of adoption and we will be ready for it.
Pivoting is a normal thing in the startup world and changing plans should not be seen as bad at all, in fact it should be seen as that the team is responding to its surroundings and trying to be on top of current advancements. This is a long game and the team is preparing itself to be ready for any type of killer utility for the token and then capitlizing on it. Not only that, but releasing extra products whenever the opportunity arises for creating a product that fills a market gap. We have the capital, team, and drive to be on top of this game and nothing can stop us from working hard and building products that we think the world will love and staying true to our early investors and backers.
Glad to address any more concerns.
I never had any doubt about the long term success of the team. Most of us here don't I am sure. The markets will turn around and Jibrel is providing real products that will eventually materialize. The problem stems from the fact that the company's eventual success will no longer mean our success in any well defined way. The situation was already difficult, we are in a bear market awaiting regulation and adoption that could take years. I was ready to wait, and continued to slowly add to my token holdings every at every opportunity. I would have been happy to continue doing that until Jibrel's eventual success and mine. This issue came up a few years ago with the whole Jbonds confusion when the market tanked from ATH. It seems that liquidity and JNT backing is still a problem
J
Jimmy01:20:02 - 13 Dec 2018 [UTC]
Pokoye Dumbaye
This team has made countless bad decisions. I'm not asking to have full control of the project, but let the community decide which direction something things should be led. The jWallet is useless, so is jSearch and jTicker
I agree that the community can voice their thoughts and the team should take these into consideration. However I don’t think agree with allowing community to lead the project. Yazan, Talal and their team have a much better pulse on the market as well as the regulatory frameworks that will be happening in 2019 and they are in a much better position than all of us here to make the correct decisions as to how t align their vision and business plan to ensure that Jibrel become successful.
JR
Jimmy RUssle01:22:43 - 13 Dec 2018 [UTC]
Community leadership is a terrtble idea. The whole point of having vested tokens was so that the team would make decisions based on long term interest, Most retial investors care about is getting a quick pump and dumping thier bags.
R
Relique01:24:14 - 13 Dec 2018 [UTC]
My suggestion is to define JNT use case as quickly as possible as that is the driving force for price. Successful products aren't enough. If there is no reason to buy the token and drive the price up you have just lost the main driving force that contributed to all crypto companies' success thus far. Speculation has meant everything up to this point
AH
Ala Haddad01:25:54 - 13 Dec 2018 [UTC]
It’s not about community leadership, it’s about community involvement in the direction, you ask, and we will consider and listen when it makes sense to all stakeholders. Understanding the general sentiment and requests of the community is my top priority at my position and that’s why I’m here and I’m trying to gauge all opinions and concerns.
R
Relique01:27:02 - 13 Dec 2018 [UTC]
arhadd
It’s not about community leadership, it’s about community involvement in the direction, you ask, and we will consider and listen when it makes sense to all stakeholders. Understanding the general sentiment and requests of the community is my top priority at my position and that’s why I’m here and I’m trying to gauge all opinions and concerns.
We appreciate the communication. Not many companies have their CTO communicate with the little guys on a regular basis
AH
Ala Haddad01:27:14 - 13 Dec 2018 [UTC]
Relique
My suggestion is to define JNT use case as quickly as possible as that is the driving force for price. Successful products aren't enough. If there is no reason to buy the token and drive the price up you have just lost the main driving force that contributed to all crypto companies' success thus far. Speculation has meant everything up to this point
This is exactly the stage we are in right now and the defined role will become clearer as the general ecosystem matures and develops. We want to be on top of that and that’s why we are sharing all this information. Token holders are top stakeholders alongside the team and the community.
AH
Ala Haddad01:28:02 - 13 Dec 2018 [UTC]
Relique
We appreciate the communication. Not many companies have their CTO communicate with the little guys on a regular basis
Yazan took a good chunk of his time today to be communicative and transparent with every question that was directed to him.
J
Jimmy01:28:03 - 13 Dec 2018 [UTC]
arhadd
It’s not about community leadership, it’s about community involvement in the direction, you ask, and we will consider and listen when it makes sense to all stakeholders. Understanding the general sentiment and requests of the community is my top priority at my position and that’s why I’m here and I’m trying to gauge all opinions and concerns.
๐ฏ
R
Relique01:29:23 - 13 Dec 2018 [UTC]
Sounds good. I am glad this happened now. Waiting for Jwallet to come out so I can lock my tokens for a few years and forget about them.
P
Pokoye Dumbaye01:33:16 - 13 Dec 2018 [UTC]
arhadd
Yazan took a good chunk of his time today to be communicative and transparent with every question that was directed to him.
Hi admins, exchange listing still planned for Q4?
AH
Ala Haddad01:36:28 - 13 Dec 2018 [UTC]
Pokoye Dumbaye
Hi admins, exchange listing still planned for Q4?
That is always work in progress, we will update you when we can.
R
Relique01:36:40 - 13 Dec 2018 [UTC]
Since I have your attention. I personally would really love to hear the plans about remittance. I am from the Middle East myself and historically, remittance has been a problem in my personal life and is a big inconvenience for most people I know. Western Union and Moneygram suck. An easy way to send and withdraw cash for a small fee would be absolutely huge. Since Jibrel has nice banking relationships in the MENA region I feel like you have one foot through the door. Remittance was a big talking point around the time of Jibrel's ICO and since then the focus has been more around B2B. I feel like remittance can drive user adoption to very high levels, and can be a good way to somehow bake JNT into the fees possibly. With the wallet around the corner this can be prime opportunity to build that functionality in. The big hurdle of course is cashing out once the transfer is complete. I am not sure what the solution is but I'd love to hear some thoughts from the team. Relationships with local banks in region, mailing out debit/ATM cards to users, or something else entirely.
R
Relique01:38:40 - 13 Dec 2018 [UTC]
We have things like paypal who literally lock people's money away for no reason and they are still finding success. A fiat backed instant remittance option with low fees would be pretty big
AH
Ala Haddad01:40:58 - 13 Dec 2018 [UTC]
You always have my attention ๐ Yazan addressed the remittance industry today and once mechanisms are in place to integrate our smart contracts with banks I am sure that is a priority for the team. (cmr)
AH
Ala Haddad01:42:05 - 13 Dec 2018 [UTC]
If you guys have noticed, I've been tagging messages with
(cmr) community request
(cmq) community question
to be able to go back to all of your requests and questions and address them accordingly, hopefully I can introduce new ways of taking in feedback in a systematic way so we can all benefit from these conversations on telegram.
R
Relique01:43:43 - 13 Dec 2018 [UTC]
Sounds good. Looking forward to some more communication.
A
Anthony01:50:28 - 13 Dec 2018 [UTC]
One way of figuring out what to build is to think about what the world will be like in the future, and what you see missing, and build that.
A
Anthony01:51:06 - 13 Dec 2018 [UTC]
It's hard for me to imagine the future in this industry and I can't even begin imagine what might be missing.
A
Anthony01:51:49 - 13 Dec 2018 [UTC]
But it occurred to me that we could see fiat currencies issued directly on public blockchains.
A
Anthony01:52:40 - 13 Dec 2018 [UTC]
If that happens, traditional banks, as holders of crypto-based fiat, are essentially performing one of the functions of exchanges.
A
Anthony01:52:53 - 13 Dec 2018 [UTC]
And today, we see some exchanges requiring kyc of their customers.
A
Anthony01:53:21 - 13 Dec 2018 [UTC]
So it looks like future banks could be very similar to exchanges, and future exchanges could be very similar to banks.
A
Anthony01:54:16 - 13 Dec 2018 [UTC]
So is it possible that jibrel's products today could be offered to forward-looking exchanges with minimal modifications?
A
Anthony01:56:15 - 13 Dec 2018 [UTC]
People are panicking because kucoin expects jibrel to pay them for the "service" of listing JNT, but shouldn't it be the other way around? If kucoin wants to exist in a few years, they need to adapt. Why can't we show kucoin that they should be paying jibrel / jnt dapp for some kind of useful service?
A
Anthony01:57:06 - 13 Dec 2018 [UTC]
Maybe I want to have my paycheck direct deposited in my kucoin or binance account instead of my bank of America account.
T
Tim01:58:40 - 13 Dec 2018 [UTC]
JackBacon
People are panicking because kucoin expects jibrel to pay them for the "service" of listing JNT, but shouldn't it be the other way around? If kucoin wants to exist in a few years, they need to adapt. Why can't we show kucoin that they should be paying jibrel / jnt dapp for some kind of useful service?
Anyone upset about Kucoin needs to look at how much is actually traded there vs Bibox and Gate. Kucoin tried to cash in on listing ICOs early, now they want money to keep listings. It's extortion.
J
Jimmy01:59:06 - 13 Dec 2018 [UTC]
JackBacon
One way of figuring out what to build is to think about what the world will be like in the future, and what you see missing, and build that.
๐ฏ
A
Anthony02:01:51 - 13 Dec 2018 [UTC]
Yazan15
The options we see going forward:
1. Fully JNT backed (As-is): Scalability issues, enterprise client attraction issues, etc.
This may be solved if institutional adoption increases.
2. Hybrid: Not an elegant solution, doesn't seem like a smart idea.
3. Fiat-backed: Solves scalability, but would need to be done in a way that JNT increases in utility, rather than decreases
What about fiat-backed by trustworthy institutions... Jnt-backed by less trustworthy institutions?
AH
Ala Haddad02:02:14 - 13 Dec 2018 [UTC]
JackBacon
One way of figuring out what to build is to think about what the world will be like in the future, and what you see missing, and build that.
You raise extremely valid points, thank you for all of them! Will keep your suggestions for consideration as things progress (cmr)
A
Anthony02:02:53 - 13 Dec 2018 [UTC]
arhadd
You raise extremely valid points, thank you for all of them! Will keep your suggestions for consideration as things progress (cmr)
:)
J
Jimmy02:04:54 - 13 Dec 2018 [UTC]
We are going into a cashless society type of environment which benefits all form of governments in terms of transparency and taxation.
We will likely see Central Bank issued CBDC as well as FIs/Bank issued Digital Currencies... These could be issued on a private fork of an public Blockchain however it won’t be on a public chain.
Different regions and different institutions will manage their own private Blockchains/Distributed Ledgers. It might be something like Corda, Hyperledger though.
The public chain will need to be the Interoperability to bridge and connect all these legacy systems, private chains and ledgers as well as public chains across platforms and ledgers.
A
Anthony02:05:00 - 13 Dec 2018 [UTC]
JackBacon
What about fiat-backed by trustworthy institutions... Jnt-backed by less trustworthy institutions?
For this, imagine binance or kucoin or whatever fly by night company wants to stay relevant when bank of America starts accepting crypto-based fiat... They either find a solution or die. Jnt-backed fist may be one possible option for them.
C
Channel_Bot02:06:51 - 13 Dec 2018 [UTC]
๐นๅนฟๅๆทฑๅบฆ๐น
D
daysandbox_bot02:06:51 - 13 Dec 2018 [UTC]
Removed msg from __ๅฎ ๅฎ__. Reason: new user + forwarded
A
Anthony02:07:07 - 13 Dec 2018 [UTC]
Jp1818
We are going into a cashless society type of environment which benefits all form of governments in terms of transparency and taxation.
We will likely see Central Bank issued CBDC as well as FIs/Bank issued Digital Currencies within the next 2-3 years as well as the possibility of maybe even an IMF Digital SDR. These could be issued on a private fork of an public Blockchain however it won’t be on a public chain.
Different regions and different institutions will manage their own private Blockchains/Distributed Ledgers. It might be something like Corda, Hyperledger though.
The public chain will need to be the Interoperability to bridge and connect all these legacy systems, private chains and ledgers as well as public chains across platforms and ledgers.
Fair enough.
Also, it occurred to me that in a world of CBDC, we don't need jcash, so no need for binance to have jnt-backed jcash, buuuuutttt presumably jibrel is offering something that will still be helpful in such a world for all entities that work with digital currencies, even CBDCs.
AH
Ala Haddad02:09:36 - 13 Dec 2018 [UTC]
Jp1818
We are going into a cashless society type of environment which benefits all form of governments in terms of transparency and taxation.
We will likely see Central Bank issued CBDC as well as FIs/Bank issued Digital Currencies within the next 2-3 years as well as the possibility of maybe even an IMF Digital SDR. These could be issued on a private fork of an public Blockchain however it won’t be on a public chain.
Different regions and different institutions will manage their own private Blockchains/Distributed Ledgers. It might be something like Corda, Hyperledger though.
The public chain will need to be the Interoperability to bridge and connect all these legacy systems, private chains and ledgers as well as public chains across platforms and ledgers.
https://infographicsmania.com/money-evolution-timeline/
Exciting to be part of the movement that will mark the new form of value transferrance.
J
Jimmy02:11:26 - 13 Dec 2018 [UTC]
JackBacon
Fair enough.
Also, it occurred to me that in a world of CBDC, we don't need jcash, so no need for binance to have jnt-backed jcash, buuuuutttt presumably jibrel is offering something that will still be helpful in such a world for all entities that work with digital currencies, even CBDCs.
Yes and No because even with central bank issued CBDC and banks digital currencies there are still counter party risk.
For example Bank of America may not trust even the digital fiat issued by bank of Somalia. We live in a world where 100 year old banks and countries can collapse where their currencies may go to zero. This have happened many times throughout history.
The best way to position JNT is as the native asset without counter party risk kind of like how Ripple position Xrp.
J
Jimmy02:12:49 - 13 Dec 2018 [UTC]
arhadd
https://infographicsmania.com/money-evolution-timeline/
Exciting to be part of the movement that will mark the new form of value transferrance.
This is indeed very informative... ๐
JR
Jimmy RUssle02:16:56 - 13 Dec 2018 [UTC]
/start@daysandbox_bot
J
Joseph02:27:17 - 13 Dec 2018 [UTC]
Yazan15
Who use Euroclear out of necessity, not preference
Appears you have a very clear use case. The challenge will be how to demonstrate the Jibrel environment is vastly superior and massively increase usage. I understand a lot of JNT holders are frustrated with the pivots the team are making, but in my opinion these are completely understandable in an environment like this. Only concern I have is whether the Jibrel team is spread to thin? There seems to be a lot of simultaneously efforts (pilots, products, exchange listings, etc) occurring at the same time that would challenge even the best of teams, in addition to reporting/communicating with a very active and vocal community.
AH
Ala Haddad02:33:07 - 13 Dec 2018 [UTC]
workbone
Appears you have a very clear use case. The challenge will be how to demonstrate the Jibrel environment is vastly superior and massively increase usage. I understand a lot of JNT holders are frustrated with the pivots the team are making, but in my opinion these are completely understandable in an environment like this. Only concern I have is whether the Jibrel team is spread to thin? There seems to be a lot of efforts (pilots, products, exchange listings, etc) occurring simultaneously that would challenge even the best of teams, in addition to reporting/communicating with a very active and vocal community.
Thanks for the input. Regarding the point if we're spread too thin, I assure you that the team gives its 100% to every effort being taken at its suitable time, and we shift focus to what is most crucial between our hands at the moment. These things are taken care of in a systematic way that doesn't hinder progress in any form. The spread of focus is more about being ready for whatever comes in our way rather than trying to do everything at once. For example, we are now focused on preparing the Jwallet release, but at the same time, staying on top of all other tasks.
J
Joseph02:34:19 - 13 Dec 2018 [UTC]
Relique
Since I have your attention. I personally would really love to hear the plans about remittance. I am from the Middle East myself and historically, remittance has been a problem in my personal life and is a big inconvenience for most people I know. Western Union and Moneygram suck. An easy way to send and withdraw cash for a small fee would be absolutely huge. Since Jibrel has nice banking relationships in the MENA region I feel like you have one foot through the door. Remittance was a big talking point around the time of Jibrel's ICO and since then the focus has been more around B2B. I feel like remittance can drive user adoption to very high levels, and can be a good way to somehow bake JNT into the fees possibly. With the wallet around the corner this can be prime opportunity to build that functionality in. The big hurdle of course is cashing out once the transfer is complete. I am not sure what the solution is but I'd love to hear some thoughts from the team. Relationships with local banks in region, mailing out debit/ATM cards to users, or something else entirely.
I think TransferWise is trying to do this. Especially with the introduction of borderless multi currency accounts.
A
Anthony02:36:34 - 13 Dec 2018 [UTC]
Yazan15
You make all fees for using the platform require JNT and make it the gas of the network
And then launch a kyc/AML-compliant crypto exchange / bank using jibrel's products where possible, taking fees in jnt and burning some fraction of the them like binance. ๐๐๐
J
Jimmy02:40:16 - 13 Dec 2018 [UTC]
Yazan15
I think regulation would need to be put in place, but it can be done without regulation if Jibrel builds necessary infrastructure to do the JNT mechanicsm in the background (i.e. the institution doesn't know or need to even know JNT is being used)
Have you looked at Ripple’s Xrapid and Xcurrent?
This offers savings
xCurrent ~ does not use Xrp (Usd ~ Jpy)
This offers even more savings
xRapid ~ Converts fiats into xrp back into Fiat (Usd ~ Xrp ~ Jpy)
Their first step is the get the banks to adopt xCurrent, once the regulatory frameworks are clear and banks start to custody digital assets they can easily switch over to xRapid in order to offer the banks even more savings. This is brilliant...
Maybe have something like that?
J
Joseph02:44:24 - 13 Dec 2018 [UTC]
Yazan15
I think regulation would need to be put in place, but it can be done without regulation if Jibrel builds necessary infrastructure to do the JNT mechanicsm in the background (i.e. the institution doesn't know or need to even know JNT is being used)
This is an interesting point. Is it absolutely necessary to expose the entire inner workings of the infrastructure to the end user?
MD
Mando D02:46:06 - 13 Dec 2018 [UTC]
Obligatory
MD
Mando D02:46:16 - 13 Dec 2018 [UTC]
WHERES MY MONEY TALAL
DM
Denis M02:51:19 - 13 Dec 2018 [UTC]
Question again if anyone knows. Is there anything stopping me from using the Jibrel android wallet outside Ireland/UAE if I we're to just download and install the apk?
JR
Jimmy RUssle03:19:33 - 13 Dec 2018 [UTC]
Denis M
Question again if anyone knows. Is there anything stopping me from using the Jibrel android wallet outside Ireland/UAE if I we're to just download and install the apk?
That is encouraged.
AH
Ala Haddad03:25:02 - 13 Dec 2018 [UTC]
Denis M
Question again if anyone knows. Is there anything stopping me from using the Jibrel android wallet outside Ireland/UAE if I we're to just download and install the apk?
It is possible.
V
Victor05:28:15 - 13 Dec 2018 [UTC]
still holding 80k of this
bought for around 30k lol
still won a few k thanks to crypto but damn it hurts
as stade above, selling isn't an option now with that low of a volatility and price .
Only hope is the team trying to find to make the token worth something somehow
AH
Ala Haddad05:41:12 - 13 Dec 2018 [UTC]
vicecaz
still holding 80k of this
bought for around 30k lol
still won a few k thanks to crypto but damn it hurts
as stade above, selling isn't an option now with that low of a volatility and price .
Only hope is the team trying to find to make the token worth something somehow
Hey Victor, thanks for being an early supporter. The team is working hard and, as mentioned above, is committed to building useful products and services and working towards benefiting the community and token holders.
R1
RJ 1087906:06:41 - 13 Dec 2018 [UTC]
vicecaz
still holding 80k of this
bought for around 30k lol
still won a few k thanks to crypto but damn it hurts
as stade above, selling isn't an option now with that low of a volatility and price .
Only hope is the team trying to find to make the token worth something somehow
The only way forward is if Tokens can be traded for equity. Jibrel probably have 20 million in reserves of Investors money
็
็ๆฐ่พ06:08:11 - 13 Dec 2018 [UTC]
ๅ
่ดนๆๅไฝๅฉ็จgateๅนณๅฐๆผๆดๅท1ไธชBTC,ๆฏไธชๅฎๅๅทๅฏๆธไธๆฌก,่ฆๅท็ๅ ๆๅจไฟก๏ผ๏ผ7๏ผ1๏ผ0๏ผๅทๆๅๅ่ฆ็ป็บขๅ
。
R1
RJ 1087906:08:13 - 13 Dec 2018 [UTC]
The CEO admitted that the main USP of the project, the backbone of the whitepaper, is being cast by the wayside.
R1
RJ 1087906:08:36 - 13 Dec 2018 [UTC]
Jibrel was meant to be a tokenisation crypto
R1
RJ 1087906:09:16 - 13 Dec 2018 [UTC]
But they cant do it anymore. So They MUST offer investors equity in exchange for tokens.
D
daysandbox_bot06:10:27 - 13 Dec 2018 [UTC]
Removed msg from __Lisa Li__. Reason: new user + external link
C
Channel_Bot06:10:27 - 13 Dec 2018 [UTC]
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R1
RJ 1087906:10:48 - 13 Dec 2018 [UTC]
These guys made the mistake of putting the horse before the cart- getting regulatory approval before having a product that was workable.
R1
RJ 1087906:11:33 - 13 Dec 2018 [UTC]
This could cone back to haunt them. BIG TIME.
R1
RJ 1087906:12:07 - 13 Dec 2018 [UTC]
Hand over the equity boys. You'll still have a massive amount yourselves....
V
Victor06:12:24 - 13 Dec 2018 [UTC]
RJ You mean refunding investor ? That seems unlikely and would not be fair, winning if Jibrel succeed or getting out with your inital investment if they fail. I hear you though. I still prefer the team working hard to find a way to make the token valuable
R1
RJ 1087906:12:48 - 13 Dec 2018 [UTC]
But investors were screwed and now have nothing..... but the team have 30 mil
R1
RJ 1087906:12:55 - 13 Dec 2018 [UTC]
vicecaz
RJ You mean refunding investor ? That seems unlikely and would not be fair, winning if Jibrel succeed or getting out with your inital investment if they fail. I hear you though. I still prefer the team working hard to find a way to make the token valuable
Not refunding
R1
RJ 1087906:13:13 - 13 Dec 2018 [UTC]
Exchanging tokens for shares
R1
RJ 1087906:13:18 - 13 Dec 2018 [UTC]
In a company
V
Victor06:14:02 - 13 Dec 2018 [UTC]
I got you wrong, my bad . as an investor the idea is appealing for sure. That'd be great
R1
RJ 1087906:14:37 - 13 Dec 2018 [UTC]
Which regulatory authority are Jibrel registered with again @arhadd ?
AH
Ala Haddad06:16:51 - 13 Dec 2018 [UTC]
RJ999999
Jibrel was meant to be a tokenisation crypto
That is still Jibrel's main vision and we still believe that tokenisation will be a crucial part of the future economy.
J
Jeas06:18:54 - 13 Dec 2018 [UTC]
It's a 10-year project.???
F
FanOfCryptoMemes06:23:21 - 13 Dec 2018 [UTC]
hi guise, i hear JNT is dead in the water, is this true
AH
Ala Haddad06:23:26 - 13 Dec 2018 [UTC]
RJ999999
The CEO admitted that the main USP of the project, the backbone of the whitepaper, is being cast by the wayside.
As mentioned, changes to certain features within the Jibrel ecosystem are signs of the teams responsiveness to the needs of the market and the technology available. Why stick to one approach when other more efficient and reasonable approaches are available?
M
MB06:23:47 - 13 Dec 2018 [UTC]
So when will a jnt use case come out? You're gonna live us in the air for 1 year like you did with jwallet? 2 years?
M
MB06:25:15 - 13 Dec 2018 [UTC]
Should we wait holding a useless token hoping that maybe you'll feel bad for us and give us a fee token?
M
MB06:25:51 - 13 Dec 2018 [UTC]
Also, when Jibrel signed all those b2b pilots you always knew there will be no jnt backing
M
MB06:26:08 - 13 Dec 2018 [UTC]
If you say central banks don't allow it
M
MB06:27:02 - 13 Dec 2018 [UTC]
How can you come out and tell us you are cancelling all use cases and don't give us a new use case immediately
M
MB06:27:38 - 13 Dec 2018 [UTC]
If you cared about the community you would have made a new jnt use case your number 1 priority
R1
RJ 1087906:27:54 - 13 Dec 2018 [UTC]
arhadd
As mentioned, changes to certain features within the Jibrel ecosystem are signs of the teams responsiveness to the needs of the market and the technology available. Why stick to one approach when other more efficient and reasonable approaches are available?
In crypto..... pivot usually means death.
R1
RJ 1087906:28:09 - 13 Dec 2018 [UTC]
The team has 30 million and no strategy
R1
RJ 1087906:28:29 - 13 Dec 2018 [UTC]
Investors have tokens that have no use
AH
Ala Haddad06:30:09 - 13 Dec 2018 [UTC]
RJ999999
In crypto..... pivot usually means death.
Pivot means the team changed its goals and vision, which is not the case. We are not changing the company's vision, simply developing new means and approaches to get to it, and that is why people work on things, to solve problems ๐
TT
Talal Tabbaa06:30:41 - 13 Dec 2018 [UTC]
MB
Also, when Jibrel signed all those b2b pilots you always knew there will be no jnt backing
That is not true - JNT backing will be there for CryDRs in circulation.
M
MB06:32:08 - 13 Dec 2018 [UTC]
ttabbaa
That is not true - JNT backing will be there for CryDRs in circulation.
But it's not in circulation from your update?
M
MB06:35:14 - 13 Dec 2018 [UTC]
ttabbaa
That is not true - JNT backing will be there for CryDRs in circulation.
You want to tell me there will be one mil in jnt locked in by the end of this month
SG
shi Guodong06:35:21 - 13 Dec 2018 [UTC]
hh
M
MB06:35:28 - 13 Dec 2018 [UTC]
Yes or no
TT
Talal Tabbaa06:36:13 - 13 Dec 2018 [UTC]
MB
But it's not in circulation from your update?
It is not yet in circulation. When it is, you will see a smart contract on etherscan reflecting that
J
Jason06:38:57 - 13 Dec 2018 [UTC]
so what's the deal, is there anything to give JNT tokens value? Is this something still being worked on?
M
MB06:41:53 - 13 Dec 2018 [UTC]
ttabbaa
It is not yet in circulation. When it is, you will see a smart contract on etherscan reflecting that
I don't understand anything since all of you answer differently. But you can't possibly back 1 mil with a 0,04 jibrel, so stop saying it will
M
MB06:42:12 - 13 Dec 2018 [UTC]
You want to back 40k or whatever
TT
Talal Tabbaa06:42:25 - 13 Dec 2018 [UTC]
Eulersheep
so what's the deal, is there anything to give JNT tokens value? Is this something still being worked on?
Ofcourse it is being worked on - JNT backing for CryDRs in circulation is still there and the more assets we get on the platform the more relevant that will become
M
MB06:43:52 - 13 Dec 2018 [UTC]
ttabbaa
Ofcourse it is being worked on - JNT backing for CryDRs in circulation is still there and the more assets we get on the platform the more relevant that will become
You let us understand from this that more than 25 mil jnt will be used to back this this month
M
MB06:44:22 - 13 Dec 2018 [UTC]
So we can avoid sorry for misunderstanding when it doesn't happen
M
MB06:44:51 - 13 Dec 2018 [UTC]
If this doesn't happen you can consider you decieved the community on purpose
M
MB06:45:01 - 13 Dec 2018 [UTC]
Screen cap this
J
Jason06:45:15 - 13 Dec 2018 [UTC]
i forget the specifics, but what happened to the $250m that was supposedly being invested into the network, how can the market cap be 7.5m if this was the case?
JA
jindy a06:45:45 - 13 Dec 2018 [UTC]
❤️
F
Francois06:47:33 - 13 Dec 2018 [UTC]
SEED's 250MN is a portfolio for assets, so what we would do there is incentivize them to tokenize. Provide an offering on-chain, and try to maximize number of transactions
M
MB06:48:28 - 13 Dec 2018 [UTC]
Eulersheep
i forget the specifics, but what happened to the $250m that was supposedly being invested into the network, how can the market cap be 7.5m if this was the case?
Not going in jnt frend
AH
Ala Haddad06:49:09 - 13 Dec 2018 [UTC]
MB
"You want to tell me there will be one mil in jnt locked in by the end of this month"
"You let us understand from this that more than 25 mil jnt will be used to back this this month"
Those are both statements that were not made by the team and you are trying to falsify information, please refrain from doing that. I know you are heavily involved with the Jibrel community, and I need you to read and understand what the team is saying. Thanks.
M
MB06:49:49 - 13 Dec 2018 [UTC]
But that's what he said?
J
Jason06:49:52 - 13 Dec 2018 [UTC]
what about jcash?
M
MB06:50:22 - 13 Dec 2018 [UTC]
CryDRs in circulation will be backed, one mil will circulate this month
AH
Ala Haddad06:50:30 - 13 Dec 2018 [UTC]
Eulersheep
what about jcash?
https://jcash.network
Try it out.
M
MB06:50:37 - 13 Dec 2018 [UTC]
What did I understand wrong?
J
Jason06:53:15 - 13 Dec 2018 [UTC]
"Launched last year by entrepreneurs from the Middle East and beyond namely, Yazan Barghuthi, Victor Mezrin, and Talal Tabbaa, Jibrel Network has secured over USD 3.2 million in funds from regional and international investors including TaaS Fund, Tech Squared, Aurora Partners, Arabian Chain during the public token presale in September 2017. As part of its partnership with SEED Group, Jibrel Network aims to tokenize USD 250 million worth of financial assets in addition to the USD 30 million raised to act as liquidity for jCash"
J
Jason06:53:19 - 13 Dec 2018 [UTC]
so i guess this didn't work out?
AH
Ala Haddad06:53:51 - 13 Dec 2018 [UTC]
MB
CryDRs in circulation will be backed, one mil will circulate this month
That is a different statement to the two quoted above.
R
Richard06:54:59 - 13 Dec 2018 [UTC]
I do think that if you read between the lines the team are ultra focussed. If they weren't evolving and altering their products according to the market conditions and institutional demand then we really should be upset...but they are. If you feel you have been screwed then move on, you deep inside always knew crypto was risky. If however, like me,you feel you have not ,just sit tight,come up with ideas as and when you can and let them get on with it. For me you can be optimistic or pessimistic .It makes little difference to the outcome but the optimistic person usually has a better time.
R1
RJ 1087906:57:45 - 13 Dec 2018 [UTC]
Pretty big coincidence that Jibrel finally hire 2 new PR guys just as they realise that their entire strategy has disintegrated.
M
MB06:57:46 - 13 Dec 2018 [UTC]
arhadd
That is a different statement to the two quoted above.
Ok Ala so let's go slow about it. I'll tell what I understand and you corect me.
M
MB06:57:56 - 13 Dec 2018 [UTC]
The jsukuk is worth one mil
M
MB06:58:13 - 13 Dec 2018 [UTC]
Circulating crydrs will receive 100% jnt backing
R1
RJ 1087906:58:25 - 13 Dec 2018 [UTC]
I wonder if Mr Sleek is sleek enough to turn this situation around. I doubt it
M
MB06:58:30 - 13 Dec 2018 [UTC]
The jsukuk will enter circulation this month
M
MB06:58:51 - 13 Dec 2018 [UTC]
Which one of this is wrong?
M
MB06:59:09 - 13 Dec 2018 [UTC]
Because simple logic results in my wild statements
M
MB06:59:27 - 13 Dec 2018 [UTC]
With these pieces of info
J
Jason07:00:25 - 13 Dec 2018 [UTC]
it just seems crazy that the token price can be 83% DOWN from ICO price
J
Jason07:00:34 - 13 Dec 2018 [UTC]
it shows that investors have completely lost faith
M
Moe Guap07:00:58 - 13 Dec 2018 [UTC]
Richard
I do think that if you read between the lines the team are ultra focussed. If they weren't evolving and altering their products according to the market conditions and institutional demand then we really should be upset...but they are. If you feel you have been screwed then move on, you deep inside always knew crypto was risky. If however, like me,you feel you have not ,just sit tight,come up with ideas as and when you can and let them get on with it. For me you can be optimistic or pessimistic .It makes little difference to the outcome but the optimistic person usually has a better time.
It's not that, it's we were sold a vision (not even token utility but a VISION) that Jibrel Network's token JNT would be used specifically for onchain solvency. All the latest statements have entirely negated the whitepaper and even their own blog. There is no current source of information on what JNT does and even Yazan and Tlala appear to contradict one another.
What do we have now? JNT does what?How can it be used? The answer: It does nothing and it cannot be used aside from speculating on its potential future use case.
Given the vast sums raised by the project and there promising connections to middle eastern businesses, Jibrel as a business hasa future however JNT does not. We are now searching for a use case.
If Jibrel will work better as a business without forcing the JNT meme why not convert it into a STO and make JNT represent equity equal or comrporable to the % of JNT sold in crowdsale vs JNT held by team?
M
Moe Guap07:02:09 - 13 Dec 2018 [UTC]
The team should answer this. We trusted them with a lot of money because of their promises. We didnt sell when it wa shigh because we believed and trusted them.
M
Moe Guap07:02:36 - 13 Dec 2018 [UTC]
For that trust we have now been repayed with a useless token. At least give us a stake in the business to make this worth something after all.
J
Jason07:02:55 - 13 Dec 2018 [UTC]
maybe JNT team should offer a token swap, 1 JNT for $0.25 worth of BTC or ETH, this way people can get their money back if they wish, or continue to support the project, but either way this would force market price b ack to ICO price
J
Jason07:03:20 - 13 Dec 2018 [UTC]
and force a floor in the price
M
Moe Guap07:03:57 - 13 Dec 2018 [UTC]
The guys seem humble and not in it for the greed. Equity is a win win. They get a startup that is cash rich, good partners, and a supportive community and we escape with some value out of all of this without depleting the cash reserves
M
Moe Guap07:04:51 - 13 Dec 2018 [UTC]
Eulersheep
maybe JNT team should offer a token swap, 1 JNT for $0.25 worth of BTC or ETH, this way people can get their money back if they wish, or continue to support the project, but either way this would force market price b ack to ICO price
I dont like this idea compared to equity. If people just want out then jibrel might offer to buy all tokens back below ICO to come away with a clean conscious and some funding in reserve.
The equity option gives them the entire 30m to still use
R1
RJ 1087907:05:14 - 13 Dec 2018 [UTC]
Formad4
It's not that, it's we were sold a vision (not even token utility but a VISION) that Jibrel Network's token JNT would be used specifically for onchain solvency. All the latest statements have entirely negated the whitepaper and even their own blog. There is no current source of information on what JNT does and even Yazan and Tlala appear to contradict one another.
What do we have now? JNT does what?How can it be used? The answer: It does nothing and it cannot be used aside from speculating on its potential future use case.
Given the vast sums raised by the project and there promising connections to middle eastern businesses, Jibrel as a business hasa future however JNT does not. We are now searching for a use case.
If Jibrel will work better as a business without forcing the JNT meme why not convert it into a STO and make JNT represent equity equal or comrporable to the % of JNT sold in crowdsale vs JNT held by team?
Equity is the best idea. How much equity would the founders have in such a deal? Enough to get very rich if the company takes off I imagine
M
Moe Guap07:05:43 - 13 Dec 2018 [UTC]
And after the split still enough to be very rich + wages + perks ++++
M
Moe Guap07:07:25 - 13 Dec 2018 [UTC]
Someone has to take responsibility for the abundance of false hope and promises sold that led invesstors down a path that was ultimately doomed. If JNT held its course and its just we bought something that wasnt as useful as we thought it would be is one thing. instead we bought JNT held because of BBB listing promise, because of SEED, because of solvency, because of all these promises and not only did they not happen but today we told JNT is literally useless
P
Pops07:07:49 - 13 Dec 2018 [UTC]
RJ999999
Equity is the best idea. How much equity would the founders have in such a deal? Enough to get very rich if the company takes off I imagine
+1 this
R1
RJ 1087907:07:59 - 13 Dec 2018 [UTC]
Formad4
Someone has to take responsibility for the abundance of false hope and promises sold that led invesstors down a path that was ultimately doomed. If JNT held its course and its just we bought something that wasnt as useful as we thought it would be is one thing. instead we bought JNT held because of BBB listing promise, because of SEED, because of solvency, because of all these promises and not only did they not happen but today we told JNT is literally useless
False hope indeed.
M
Moe Guap07:08:19 - 13 Dec 2018 [UTC]
You sold us a dream that didnt come true and never was real to begin with. I hope team will make this right in a way that has compoarable value to the original dream sold. We dont want some bullshit gas token that will never be worth anything. Let us realise some value like you sold us and we expected. This is not unreasonable
D
daysandbox_bot07:08:51 - 13 Dec 2018 [UTC]
Removed msg from __jindy a__. Reason: new user + forwarded
C
Channel_Bot07:08:51 - 13 Dec 2018 [UTC]
๐นไธไธๆ้ซ่ดจ้ๆดป็ฒ๐น
M
Moe Guap07:09:35 - 13 Dec 2018 [UTC]
@ttabbaa
M
Moe Guap07:11:19 - 13 Dec 2018 [UTC]
I clarify that jibrel is not a scam, team is very honest I really believe it. However, outcomes between scam and JNT right now is same. So we ask that Jibrel explores new valuation creation for its funders
R1
RJ 1087907:11:50 - 13 Dec 2018 [UTC]
The haphazard and confused manner in which the ideas were presented is troubling. Did the team ever have faith that proof of solvency could work? What was the whole J-Bonds debacle about?
I mean..... did the team know that this would never work and were using the J-Bonds idea as a way to try and buy time before the inevitable admission that we are f**ked?
AH
Ala Haddad07:12:32 - 13 Dec 2018 [UTC]
Formad4
I clarify that jibrel is not a scam, team is very honest I really believe it. However, outcomes between scam and JNT right now is same. So we ask that Jibrel explores new valuation creation for its funders
The team is working daily to create value for the Jibrel ecosystem and the token holders, thank you for your support ๐
M
Moe Guap07:12:37 - 13 Dec 2018 [UTC]
It seems we were fucked for a long time as surely the team wouldve gone nuts for the announcements they made
R1
RJ 1087907:12:37 - 13 Dec 2018 [UTC]
aussiecrypto76
+1 this
Its the only way i think.
M
Moe Guap07:13:54 - 13 Dec 2018 [UTC]
arhadd
The team is working daily to create value for the Jibrel ecosystem and the token holders, thank you for your support ๐
I must correct it. They are not working daily to create value because yazan admitted he has no idea what use JNT haaas and they will find new ways to use it. Therefore, we cannot say they work daily for its value. Only they work daily for value of Jibrel Network teh company and we hope once more that JNT can find value in this.
say history has proven this is unlikely or impossible. Equity solution is the most fair
M
Moe Guap07:14:03 - 13 Dec 2018 [UTC]
I believe in Jibrel AG
R1
RJ 1087907:14:09 - 13 Dec 2018 [UTC]
arhadd
The team is working daily to create value for the Jibrel ecosystem and the token holders, thank you for your support ๐
What is the name of the Swiss regulatory authority that Jibrel are registered with again?
M
Moe Guap07:14:10 - 13 Dec 2018 [UTC]
not in JNT
M
Moe Guap07:14:24 - 13 Dec 2018 [UTC]
RJ999999
What is the name of the Swiss regulatory authority that Jibrel are registered with again?
FINMA
AH
Ala Haddad07:16:10 - 13 Dec 2018 [UTC]
Formad4
I must correct it. They are not working daily to create value because yazan admitted he has no idea what use JNT haaas and they will find new ways to use it. Therefore, we cannot say they work daily for its value. Only they work daily for value of Jibrel Network teh company and we hope once more that JNT can find value in this.
say history has proven this is unlikely or impossible. Equity solution is the most fair
JNT currently has use cases and that never changed, what we are exploring (daily) are more ways to create usecases and solutions. Islamic Finance and Remittances being two examples that Yazan mentioned. Please do not share altered information ๐
AH
Ala Haddad07:17:12 - 13 Dec 2018 [UTC]
Formad4
I must correct it. They are not working daily to create value because yazan admitted he has no idea what use JNT haaas and they will find new ways to use it. Therefore, we cannot say they work daily for its value. Only they work daily for value of Jibrel Network teh company and we hope once more that JNT can find value in this.
say history has proven this is unlikely or impossible. Equity solution is the most fair
From Yazan:
Yazan Barghuthi admin, [Dec 12, 2018 at 5:47:31 PM]:
We're still aiming to disrupt massive industries, using JNT as a utility token.
Islamic Finance - one of the fastest growing industries in the world
Remittances - 22% of which originate in 6-7 countries we have experience working in
And when our B2C products come online, JNT utility will gradually get baked in as well.
AH
Ala Haddad07:17:56 - 13 Dec 2018 [UTC]
Please do not share altered information. The team is exploring (daily) new solutions and usecases for the Jibrel ecosystem.
M
Moe Guap07:18:38 - 13 Dec 2018 [UTC]
Ala we must avoid doing the ICO false hope thing. Every shitcoin says this, every failed startup "We will disrupt some industry worth billions, if we capture small market share we will be rich"
M
Moe Guap07:18:59 - 13 Dec 2018 [UTC]
The core of your message, that of yazans, belies the truth. "utility will gradually get baked in"
M
Moe Guap07:19:38 - 13 Dec 2018 [UTC]
Jibrel AG has a future. JNT has none. Pls tell me what can we do with JNT now? Before we held becuse people need JNT For solvency. Now what? Why do I hold?
AH
Ala Haddad07:19:40 - 13 Dec 2018 [UTC]
That is only for crypto products that we are rolling out currently. Please do not take part of the statement out of context
M
Moe Guap07:19:50 - 13 Dec 2018 [UTC]
On a belief we find a new solution?
R1
RJ 1087907:19:58 - 13 Dec 2018 [UTC]
arhadd
From Yazan:
Yazan Barghuthi admin, [Dec 12, 2018 at 5:47:31 PM]:
We're still aiming to disrupt massive industries, using JNT as a utility token.
Islamic Finance - one of the fastest growing industries in the world
Remittances - 22% of which originate in 6-7 countries we have experience working in
And when our B2C products come online, JNT utility will gradually get baked in as well.
Project Pinocchio...... the DAO...... On chain solvency.....Jibrel as a bank.....
R1
RJ 1087907:20:01 - 13 Dec 2018 [UTC]
All gone
M
Moe Guap07:20:09 - 13 Dec 2018 [UTC]
jwallet..
R1
RJ 1087907:20:27 - 13 Dec 2018 [UTC]
Pinocchio was never destined to be a real boy
M
Moe Guap07:20:49 - 13 Dec 2018 [UTC]
Ala, you are new but we are old time members
M
Moe Guap07:21:12 - 13 Dec 2018 [UTC]
Remember we have seen now many jibrel ideas come and go, all have failed. Jibrel AG succeeded with recenting testings, but the JNT is failing constantly.
M
Moe Guap07:21:32 - 13 Dec 2018 [UTC]
we saw BBB promise disappear, we saw jwallet, jbond, solvency, dao, bank
R1
RJ 1087907:21:49 - 13 Dec 2018 [UTC]
Who is Geppetto in this story? Us?
M
Moe Guap07:22:23 - 13 Dec 2018 [UTC]
Geppetto?
R1
RJ 1087907:22:48 - 13 Dec 2018 [UTC]
Formad4
Geppetto?
Pinocchio's father
M
Moe Guap07:22:58 - 13 Dec 2018 [UTC]
lol
M
Moe Guap07:23:51 - 13 Dec 2018 [UTC]
im not angry with jibrel
M
Moe Guap07:23:57 - 13 Dec 2018 [UTC]
just disappointed
M
Moe Guap07:24:46 - 13 Dec 2018 [UTC]
they must now that since we lost the use case JNT value is equal to market belief in delivery of a new value mechanism. If current price was onchain solvency wtf is gas?
M
Moe Guap07:25:14 - 13 Dec 2018 [UTC]
convert to ETO and make jnt simple token with real use case as is most natural.
M
Moe Guap07:25:35 - 13 Dec 2018 [UTC]
the future is eto so jibrel can look nice for doing it. forward thinking
AH
Ala Haddad07:25:49 - 13 Dec 2018 [UTC]
Formad4
Ala, you are new but we are old time members
I've been in the space and I've been watching Jibrel, as well as other companies in the space. Many companies are shutting down/failing, Jibrel is working on pilots (announced one last week) and rolling out new products (coming up now). As the market and technology grow, there will be opportunities for new JNT usecases and a better infrastructure and a favorable regulatory envirnonment for JNT's integration with our solutions and products.
M
Moe Guap07:26:29 - 13 Dec 2018 [UTC]
otherise what happens in 5 yrs when all has given up on jnt teh token? it becomes bad footnote on the company. "Jibrel, they did the ICO and now abandoned the token after 30M"
If JNt will not be used in 30 years, we should forget it.
AH
Ala Haddad07:27:14 - 13 Dec 2018 [UTC]
Formad4
otherise what happens in 5 yrs when all has given up on jnt teh token? it becomes bad footnote on the company. "Jibrel, they did the ICO and now abandoned the token after 30M"
If JNt will not be used in 30 years, we should forget it.
Only if I knew what will happen in 5 years ๐ We are working with our challenges today to provide better solutions and value to our network for tomorrow.
M
Moe Guap07:27:40 - 13 Dec 2018 [UTC]
arhadd
I've been in the space and I've been watching Jibrel, as well as other companies in the space. Many companies are shutting down/failing, Jibrel is working on pilots (announced one last week) and rolling out new products (coming up now). As the market and technology grow, there will be opportunities for new JNT usecases and a better infrastructure and a favorable regulatory envirnonment for JNT's integration with our solutions and products.
you are in hard position i get it. Your answer just confirms what we are writing here. Jibrel pivoted AWAY FROM JNT CONCEPT. it happens and is ok, shows they adapt, but they could never adapt, hire, make pilots without the jibrel ICO.
M
Moe Guap07:28:04 - 13 Dec 2018 [UTC]
Now you just wave in our face jibrel AG success and tell us "one day son, you can become successful like us. trust us"
M
Moe Guap07:28:15 - 13 Dec 2018 [UTC]
We do not share this success with JNT utility token
M
Moe Guap07:28:29 - 13 Dec 2018 [UTC]
and likely never will. jnt was only ever appealing as solvency token.
M
Moe Guap07:29:07 - 13 Dec 2018 [UTC]
and the team can never hype or market these issues away. we can never dream to be XRP. JNT future was "sleeper coin" with high potential, low profile. Now we are low profile, no use case.
M
Moe Guap07:29:20 - 13 Dec 2018 [UTC]
We can becoem relevant wit ETO
M
MB07:29:48 - 13 Dec 2018 [UTC]
I would like to say that the important thing right now is we need circulating assests to remain backed by jnt
M
Michel07:29:54 - 13 Dec 2018 [UTC]
Formad4
Remember we have seen now many jibrel ideas come and go, all have failed. Jibrel AG succeeded with recenting testings, but the JNT is failing constantly.
everything has dropped within the last year though
R1
RJ 1087907:29:58 - 13 Dec 2018 [UTC]
Equity sirs. Hand it over
M
MB07:30:04 - 13 Dec 2018 [UTC]
And jcash especially 100% backed
M
Moe Guap07:30:21 - 13 Dec 2018 [UTC]
Michelbakk
everything has dropped within the last year though
It did but we held jnt because of the blief and promises of teh team
M
Moe Guap07:30:26 - 13 Dec 2018 [UTC]
this is important part of my message
R1
RJ 1087907:30:33 - 13 Dec 2018 [UTC]
Michelbakk
everything has dropped within the last year though
Yeah we dropped 90% from ICO price and now have a "pivot" which renders 90% of the whitepaper defunct
M
Moe Guap07:30:38 - 13 Dec 2018 [UTC]
we all got financially destroyed on good itnentions
AH
Ala Haddad07:30:42 - 13 Dec 2018 [UTC]
Formad4
you are in hard position i get it. Your answer just confirms what we are writing here. Jibrel pivoted AWAY FROM JNT CONCEPT. it happens and is ok, shows they adapt, but they could never adapt, hire, make pilots without the jibrel ICO.
A pivot in the approach, not in the goal of growing the company. + JNT will still be used for solvency, Yazan said that today.
R1
RJ 1087907:31:04 - 13 Dec 2018 [UTC]
arhadd
A pivot in the approach, not in the goal of growing the company. + JNT will still be used for solvency, Yazan said that today.
Why would we care about what anyone in the JNT team says?
R1
RJ 1087907:31:12 - 13 Dec 2018 [UTC]
Everything they have said has been inaccurate
M
Moe Guap07:31:15 - 13 Dec 2018 [UTC]
arhadd
A pivot in the approach, not in the goal of growing the company. + JNT will still be used for solvency, Yazan said that today.
Nobody will answer the basic question of what that looks like. We know for sure there is no backing equal to us value not even close
M
Michel07:31:33 - 13 Dec 2018 [UTC]
Formad4
It did but we held jnt because of the blief and promises of teh team
I dont believe the team have misinformed or deceived the community like some people here are implying
W
Wehaet07:31:35 - 13 Dec 2018 [UTC]
Hasn’t everything dropped 90% tho
M
Moe Guap07:31:36 - 13 Dec 2018 [UTC]
talal and yazan never gave an accurate statement on developemnt, use case, nothing.
R1
RJ 1087907:31:46 - 13 Dec 2018 [UTC]
raz0r11
Hasn’t everything dropped 90% tho
Alt
M
Moe Guap07:32:01 - 13 Dec 2018 [UTC]
Michelbakk
I dont believe the team have misinformed or deceived the community like some people here are implying
I dont see that. They are honest, just they realized the mistake that JNT cannot work like they plan and are afraid to tell it
M
Michel07:32:05 - 13 Dec 2018 [UTC]
raz0r11
Hasn’t everything dropped 90% tho
yup
M
Moe Guap07:32:22 - 13 Dec 2018 [UTC]
I suggested making it equity so company progresses and community and investors can find some salvation
M
Moe Guap07:32:35 - 13 Dec 2018 [UTC]
We trusted them over a year, through 90% drop
R1
RJ 1087907:32:36 - 13 Dec 2018 [UTC]
Michelbakk
I dont believe the team have misinformed or deceived the community like some people here are implying
We want equity sir. You cant make off with 30 mil of investors money after feeding us a pack of inaccuracies for 12 months.
M
Moe Guap07:32:41 - 13 Dec 2018 [UTC]
is there no reward?
M
Michel07:32:56 - 13 Dec 2018 [UTC]
RJ999999
We want equity sir. You cant make off with 30 mil of investors money after feeding us a pack of inaccuracies for 12 months.
you cant just go like " we want equity" it dsnt work that way
R1
RJ 1087907:32:58 - 13 Dec 2018 [UTC]
A lot of us averaged down too-shredded more and more real money
R1
RJ 1087907:33:06 - 13 Dec 2018 [UTC]
Michelbakk
you cant just go like " we want equity" it dsnt work that way
Yeah well thats what im doing
M
Michel07:33:14 - 13 Dec 2018 [UTC]
RJ999999
Yeah well thats what im doing
Enjoy then lol
ๅ
จ
ๅ
จ้ซๆ07:33:41 - 13 Dec 2018 [UTC]
ๅ
่ดนๆๅไฝๅฉ็จgateๅนณๅฐๆผๆดๅท1ไธชBTC,ๆฏไธชๅฎๅๅทๅฏๆธไธๆฌก,่ฆๅท็ๅ ๆๅจไฟก๏ผ๏ผ7๏ผ1๏ผ0๏ผๅทๆๅๅ่ฆ็ป็บขๅ
。
R1
RJ 1087907:34:22 - 13 Dec 2018 [UTC]
Michelbakk
Enjoy then lol
I will enjoy lobbying for an alternative solution to this nightmare more that you will enjoy craddling your useless bags of air as trading volume drops to zero.
M
Moe Guap07:34:27 - 13 Dec 2018 [UTC]
Michelbakk
you cant just go like " we want equity" it dsnt work that way
It can because we invested in a concept described in the whitepaper. The token never had utility, think about it. We gave money because we believed in a vision.
The vision was never real. It never happened. The token never had utility.
What is left? It was not deceit but good intentions gone bad. The team must make it right. It is not ethical to say "sorry we were wrong but we keep th e30million"
M
Moe Guap07:34:33 - 13 Dec 2018 [UTC]
Tell me michael
D
Dadog07:34:34 - 13 Dec 2018 [UTC]
I find this turn of events particularly concerning
M
Moe Guap07:34:43 - 13 Dec 2018 [UTC]
If you are Talal, tell me what is FAIR. Most fair solution.
D
Dadog07:34:48 - 13 Dec 2018 [UTC]
I hope FINMA looks into this...
D
Dadog07:34:51 - 13 Dec 2018 [UTC]
very unfair!
M
Moe Guap07:34:53 - 13 Dec 2018 [UTC]
Idc about what is realistic or not Just FAIR
M
Michel07:34:59 - 13 Dec 2018 [UTC]
RJ999999
Rest assured I will enjoy lobbying for an alternative solution to this nightmare more than you will enjoy craddling your useless bags of air as trading volume drops to zero.
Enjoy lobbying let’s see how far that’ll get you
R1
RJ 1087907:35:03 - 13 Dec 2018 [UTC]
Olitele
I hope FINMA looks into this...
Oh shit.... I hadnt thought of that
M
Moe Guap07:35:27 - 13 Dec 2018 [UTC]
Michelbakk
Enjoy lobbying let’s see how far that’ll get you
Answer my question. I ask it because I know team is good people who care, yazan said it many times.
R1
RJ 1087907:35:28 - 13 Dec 2018 [UTC]
Michelbakk
Enjoy lobbying let’s see how far that’ll get you
You're literally scoffing at me trying to save you money haha
M
Moe Guap07:35:39 - 13 Dec 2018 [UTC]
You act like only solution is soft exit scam. I ask you why???
M
Michel07:35:39 - 13 Dec 2018 [UTC]
Formad4
Tell me michael
Do you know how difficult it is to give equity to let’s say a minimum of 5k individuals
R1
RJ 1087907:35:50 - 13 Dec 2018 [UTC]
Forgive him Lord, he knows not what he does
M
Moe Guap07:35:55 - 13 Dec 2018 [UTC]
Michelbakk
Do you know how difficult it is to give equity to let’s say a minimum of 5k individuals
Jibrel is partnered with STO exchange lol. i think easy
D
Dadog07:35:57 - 13 Dec 2018 [UTC]
The team has been lying to us on a daily basis for months! Enough is enough
M
MB07:36:21 - 13 Dec 2018 [UTC]
Maybe add a burn rate to jnt like REQ and KNC?
R1
RJ 1087907:36:25 - 13 Dec 2018 [UTC]
Michelbakk
Do you know how difficult it is to give equity to let’s say a minimum of 5k individuals
As difficult as distributing tokens to the same amount of people.
R1
RJ 1087907:36:35 - 13 Dec 2018 [UTC]
Jibrel's ICO went off seemlessly.
M
MB07:36:46 - 13 Dec 2018 [UTC]
This way it should reflect network activity in token price a little
D
daysandbox_bot07:37:39 - 13 Dec 2018 [UTC]
Removed msg from __WEIDNER__. Reason: new user + external link
W
WEIDNER07:37:39 - 13 Dec 2018 [UTC]
ๆจๅคฉ็ไบ36ๆฐชๆฅ้https://36kr.com/p/5166581.html
ๅฝๅ
ๅฑ
็ถ่ฟๆ่ฟไนไธไธช้กน็ฎ,้ฟ้ๅบๆฅ็ๅ
ฌ้พๅข้,ไนๅๆฒกๅฌ่ฟ,ๆๆฏๆถๆๆฏAlgorandๅDfinity้ฝๅฅฝ。。。
DM
Denis M07:37:57 - 13 Dec 2018 [UTC]
How severe are the regulatory limitations preventing the original solvency plan?
R1
RJ 1087907:38:38 - 13 Dec 2018 [UTC]
Say what you like about what happened afterwards, but Jibrels ICO went perfectluly for me.
M
Moe Guap07:38:44 - 13 Dec 2018 [UTC]
MB
Maybe add a burn rate to jnt like REQ and KNC?
no. Because we ask for COMPOARABLE VALUE to ICO vision. We only invest in the vision. JNT was the representation of the VISION. Do you understand it? We dont want gas token, burnt token. its shit. We want something similar to we invested in. Closest to JNT vision is JNT equity token
M
MB07:39:13 - 13 Dec 2018 [UTC]
Formad4
no. Because we ask for COMPOARABLE VALUE to ICO vision. We only invest in the vision. JNT was the representation of the VISION. Do you understand it? We dont want gas token, burnt token. its shit. We want something similar to we invested in. Closest to JNT vision is JNT equity token
It is shit but we're also not getting equity
P
Pops07:39:18 - 13 Dec 2018 [UTC]
Equity token, I like this!
M
MB07:39:35 - 13 Dec 2018 [UTC]
So it's better than nothing
M
Moe Guap07:39:47 - 13 Dec 2018 [UTC]
MB
It is shit but we're also not getting equity
I hate this mentality.
M
Moe Guap07:40:05 - 13 Dec 2018 [UTC]
You assume the worst in the team, believe in what is impossible. It is loser mentality.
M
MB07:40:28 - 13 Dec 2018 [UTC]
Formad4
You assume the worst in the team, believe in what is impossible. It is loser mentality.
I assumed the best until now
M
Moe Guap07:40:29 - 13 Dec 2018 [UTC]
Jibrel team care for investors and want to find fair solution. We are suggesting the fair solution and comparable solution and value solution
M
MB07:40:35 - 13 Dec 2018 [UTC]
Look where that got me
M
Moe Guap07:40:35 - 13 Dec 2018 [UTC]
it is equity.
P
Pops07:41:05 - 13 Dec 2018 [UTC]
Jibrel will be undoubtably successful. But we as token holders will be left unrewarded.
R1
RJ 1087907:41:06 - 13 Dec 2018 [UTC]
MB
It is shit but we're also not getting equity
If 100% of community members lobby for this rathet than play the role of naysayers we might get somewhere
M
Moe Guap07:42:58 - 13 Dec 2018 [UTC]
aussiecrypto76
Jibrel will undoubtably be successful. But we as token holders will be left unrewarded.
We are one community, one investor group, all believing in team and vision from the beginning. Now it is split because JNT has no future with Jibrel AG.
Let us become one with equity. Clear solution. @ttabbaa
M
Moe Guap07:44:57 - 13 Dec 2018 [UTC]
Then it is no rush. Take 1 or 10 year to find JNT use case or none at all. We wil not care and all cheer for the success of jibrel. Today we can not say it. We gave our money to a vision that was a dubai mirage in the desert. We lost 90% holding for the mirage.
M
MB07:45:33 - 13 Dec 2018 [UTC]
Formad4
We are one community, one investor group, all believing in team and vision from the beginning. Now it is split because JNT has no future with Jibrel AG.
Let us become one with equity. Clear solution. @ttabbaa
I support this too btw just not sure about it
77
777 77707:46:00 - 13 Dec 2018 [UTC]
Nah.. We made a donation to the 4th Industrial Revolution, even though we lost everything, let's celebrate their success. :)
DM
Denis M07:46:38 - 13 Dec 2018 [UTC]
J77771
Nah.. We made a donation to the 4th Industrial Revolution, even though we lost everything, let's celebrate their success. :)
I agree :)
77
777 77707:47:03 - 13 Dec 2018 [UTC]
Jibrel AG forever! Plz do not forget us
R1
RJ 1087907:47:11 - 13 Dec 2018 [UTC]
J77771
Nah.. We made a donation to the 4th Industrial Revolution, even though we lost everything, let's celebrate their success. :)
Alt
R1
RJ 1087907:47:15 - 13 Dec 2018 [UTC]
Denis M
I agree :)
Alt
77
777 77707:47:22 - 13 Dec 2018 [UTC]
Remember me!
DM
Denis M07:48:54 - 13 Dec 2018 [UTC]
My offer is still up on the table to become the first human to be toeknized and put on the blockchain.
P
Pops07:49:24 - 13 Dec 2018 [UTC]
Denis M
My offer is still up on the table to become the first human to be toeknized and put on the blockchain.
Hahaha
M
Moe Guap07:49:55 - 13 Dec 2018 [UTC]
J77771
Nah.. We made a donation to the 4th Industrial Revolution, even though we lost everything, let's celebrate their success. :)
Is this how jibrel AG will be remembered? for taking 30m and delivering nothing to its investors? It does not need to be this way.
77
777 77707:52:21 - 13 Dec 2018 [UTC]
Formad4
Is this how jibrel AG will be remembered? for taking 30m and delivering nothing to its investors? It does not need to be this way.
Jibrel AG doesn't have to control their image now, they don't need to be invested anymore because they've already received enough investment. Investors like us? Who cares?
77
777 77707:53:06 - 13 Dec 2018 [UTC]
Now we are just a burden to them. Haha
77
777 77707:55:02 - 13 Dec 2018 [UTC]
Don't you think Jibrel team want to clean up their burden? I'm afraid.
AV
Adrian Vinovrski07:55:14 - 13 Dec 2018 [UTC]
Everything's going to be fine lol
M
MB07:55:25 - 13 Dec 2018 [UTC]
Tokenize jibrel stocks and sell them for jnt? There must be something
F
FanOfCryptoMemes07:57:55 - 13 Dec 2018 [UTC]
haha good luck trying to convert JNT into equity
M
MB07:58:22 - 13 Dec 2018 [UTC]
Actually dont sell them, airdrop them
M
MB07:58:33 - 13 Dec 2018 [UTC]
Then you can say it's fair
M
MB07:59:12 - 13 Dec 2018 [UTC]
Although that's probably illegal af
77
777 77707:59:37 - 13 Dec 2018 [UTC]
AdrianV54
Everything's going to be fine lol
Fine to whom?
AV
Adrian Vinovrski07:59:41 - 13 Dec 2018 [UTC]
Also, people are concerned that jcash which isn't in circulation will not require JNT as a means of solvency... But why would a bank tokenize anything if they weren't intending that is be used to quickly transfer / reap the benefits that jibrel has to offer?
Pretend x bank tokenises 100mm in jusd.. are they just going to leave it there? Or are they going to then have that available to customers? If they have 100mm in jcash and put a quarter of it into circulation for their costumers, there's 25mm worth of JNT.
AV
Adrian Vinovrski07:59:53 - 13 Dec 2018 [UTC]
J77771
Fine to whom?
Fine to everyone who doesn't flip their shit and sell
AV
Adrian Vinovrski08:00:09 - 13 Dec 2018 [UTC]
J77771
Fine to whom?
-90% for everyone who does right now lol
AV
Adrian Vinovrski08:01:37 - 13 Dec 2018 [UTC]
I think the idea of JNT for solvency is still alive: bank uses JNT for transfers, created bunch of jcash, all of the customers using the bank have their USD or whatever currency, which is being run/transferred using jibrel and in turn jcash
CS
Chuck Spinelli08:02:35 - 13 Dec 2018 [UTC]
We’re done for
R
Richard08:02:52 - 13 Dec 2018 [UTC]
Agree. Nice drop. Time to stack up. Waller?launch today too
77
777 77708:04:04 - 13 Dec 2018 [UTC]
1JNT = $50
E
Erik08:08:07 - 13 Dec 2018 [UTC]
Sad to see the true colors of many Telegram members of this group are coming out right now. You guys are talking about false hope, broken promises, scam, deceit, etc. The crypto scene changes every day. What today is true can be untrue tomorrow. That's just the way it is. If JNT backing seems not to be working right know then this is something we need to accept. The Team is looking for alternatives and look for other ways to add value to the JNT tolen. Now, asking for refunds or equities is pathetic, you all knew that this is a risky Business and the rules of the crypto game change every day. Maybe you just put too much money into this to maintain objective. Just keep faith in the Team and stop moaning please. I'm sure the team will find a way to make the JNT token valuable in some way. Cheers and have a great Thursday everybody. Excited to try the Android Jwallet app.
77
777 77708:11:45 - 13 Dec 2018 [UTC]
I'm not moaning. I'm glad my money was the foundation of the 4th Industrial Revolution. :)
F
Ferdinando08:15:32 - 13 Dec 2018 [UTC]
Silvester_77
Sad to see the true colors of many Telegram members of this group are coming out right now. You guys are talking about false hope, broken promises, scam, deceit, etc. The crypto scene changes every day. What today is true can be untrue tomorrow. That's just the way it is. If JNT backing seems not to be working right know then this is something we need to accept. The Team is looking for alternatives and look for other ways to add value to the JNT tolen. Now, asking for refunds or equities is pathetic, you all knew that this is a risky Business and the rules of the crypto game change every day. Maybe you just put too much money into this to maintain objective. Just keep faith in the Team and stop moaning please. I'm sure the team will find a way to make the JNT token valuable in some way. Cheers and have a great Thursday everybody. Excited to try the Android Jwallet app.
+1 for you, and all my trust in @ttabbaa and @yazan15
D
daysandbox_bot08:18:47 - 13 Dec 2018 [UTC]
Removed msg from __Support Alex__. Reason: new user + external link
C
Channel_Bot08:18:47 - 13 Dec 2018 [UTC]
**⚠️Attention. The news of the day.
๐MetaMask today, the company officially launched the "Ethereum Decentralized Asset Exchange".
On the stock exchange there are more than 4000 kinds of tokens.
Commission on exchange of = 0.
Great prices.
The first 100,000 people who visited the exchange will receive valuable bonuses.
๐ขThe entrance to the stock exchange:** http://clc.la/rbsUsg
A
Ali08:20:08 - 13 Dec 2018 [UTC]
Silvester_77
Sad to see the true colors of many Telegram members of this group are coming out right now. You guys are talking about false hope, broken promises, scam, deceit, etc. The crypto scene changes every day. What today is true can be untrue tomorrow. That's just the way it is. If JNT backing seems not to be working right know then this is something we need to accept. The Team is looking for alternatives and look for other ways to add value to the JNT tolen. Now, asking for refunds or equities is pathetic, you all knew that this is a risky Business and the rules of the crypto game change every day. Maybe you just put too much money into this to maintain objective. Just keep faith in the Team and stop moaning please. I'm sure the team will find a way to make the JNT token valuable in some way. Cheers and have a great Thursday everybody. Excited to try the Android Jwallet app.
+1
J
Jiri08:34:48 - 13 Dec 2018 [UTC]
Silvester_77
Sad to see the true colors of many Telegram members of this group are coming out right now. You guys are talking about false hope, broken promises, scam, deceit, etc. The crypto scene changes every day. What today is true can be untrue tomorrow. That's just the way it is. If JNT backing seems not to be working right know then this is something we need to accept. The Team is looking for alternatives and look for other ways to add value to the JNT tolen. Now, asking for refunds or equities is pathetic, you all knew that this is a risky Business and the rules of the crypto game change every day. Maybe you just put too much money into this to maintain objective. Just keep faith in the Team and stop moaning please. I'm sure the team will find a way to make the JNT token valuable in some way. Cheers and have a great Thursday everybody. Excited to try the Android Jwallet app.
<3
TT
Talal Tabbaa08:35:58 - 13 Dec 2018 [UTC]
J77771
Now we are just a burden to them. Haha
That is not a fair statement.
We are happy to accept feedback, but please keep comments civil.
As for the people who are supportive, thanks again :)
MH
Manfred Hewitt08:45:23 - 13 Dec 2018 [UTC]
Ahahah oh dear
MH
Manfred Hewitt08:45:34 - 13 Dec 2018 [UTC]
It seems we are now ripple
M
Michel08:47:41 - 13 Dec 2018 [UTC]
Manfred Hewitt
It seems we are now ripple
You are an admin ?
MH
Manfred Hewitt08:49:44 - 13 Dec 2018 [UTC]
Yeah I delete the spam and inform people in pm’s
MH
Manfred Hewitt08:50:31 - 13 Dec 2018 [UTC]
Don’t get me wrong, still keen, if the team hadn’t liquidated their eth then I’d be worried
E
Erik08:51:56 - 13 Dec 2018 [UTC]
ttabbaa
That is not a fair statement.
We are happy to accept feedback, but please keep comments civil.
As for the people who are supportive, thanks again :)
Unfair statements all over here Talal. Totally undeserved.
A
Alessio mascio09:11:17 - 13 Dec 2018 [UTC]
Which are the future options for use case of JNT?
D
David09:13:54 - 13 Dec 2018 [UTC]
MB
Turns out Hans was ahead of this lol
Where is he these days
E
Erik09:17:20 - 13 Dec 2018 [UTC]
alessio_mascio
Which are the future options for use case of JNT?
The possibilities have been discussed by Yazan in the last 12hours in this Telegram group. But the crypto scene is changing 24/07 so please don't use the words, false promises, scam, deceit once it turns out differently.
D
David09:26:59 - 13 Dec 2018 [UTC]
The way I see it is that Jibrel are behaving like a start up inmost ways except they’ve better control on their runway (burnrate).
They made it clear from the start that their approach is regulation and institutions. Anyone that thinks that happens overnight is a little naive. They've no control over the crypto market and sentiment and I can see how this makes conversations and progress difficult, but they're still positioning themselves there ready for when the sentiment does change and it becomes clear ETH and the wider cyrpto market is definaltey not going anywhere.
From what I'm reading, in the meantime they're trying to make alterantive products/market fit which will prevent them from just sitting on their bums burning money in the hope the market and regulation changes (which they've no control of).
Also, I know it's no consolation, but one should never put their eggs in one basket and should always seek a diversified portfolio.
If you invested in a startup that didn't have a token trading on the free market, you'd be none the wiser as to how your original investment was doing. The fat lady hasn't sung yet, and from my understanding Jibrel have enough funds for quite a few years.
X
xf09:55:32 - 13 Dec 2018 [UTC]
้่ฆ่ฏทๅจ่ฏข ๅพฎไฟก/wechat 1032815300,็ตๆฅ: @Cindyone
E
ee09:55:32 - 13 Dec 2018 [UTC]
้่ฆ่ฏทๅจ่ฏข ๅพฎไฟก/wechat 1032815300,็ตๆฅ: @Cindyone
K
Kishore10:07:48 - 13 Dec 2018 [UTC]
Guys , there is some disappointment agree , But its purely on the expectation management , I guess jibrel will learn that from the current scenario , next time they will explain it in more detail , Also the team still has to come up with scenarios on the utilization of JNT , They have done a fantastic Job till now , Look at all the positive momentum we had till now , Lets wait for further steps , I still believe in their commitment .
J
jRunningRabbit10:21:04 - 13 Dec 2018 [UTC]
crebbo
The way I see it is that Jibrel are behaving like a start up inmost ways except they’ve better control on their runway (burnrate).
They made it clear from the start that their approach is regulation and institutions. Anyone that thinks that happens overnight is a little naive. They've no control over the crypto market and sentiment and I can see how this makes conversations and progress difficult, but they're still positioning themselves there ready for when the sentiment does change and it becomes clear ETH and the wider cyrpto market is definaltey not going anywhere.
From what I'm reading, in the meantime they're trying to make alterantive products/market fit which will prevent them from just sitting on their bums burning money in the hope the market and regulation changes (which they've no control of).
Also, I know it's no consolation, but one should never put their eggs in one basket and should always seek a diversified portfolio.
If you invested in a startup that didn't have a token trading on the free market, you'd be none the wiser as to how your original investment was doing. The fat lady hasn't sung yet, and from my understanding Jibrel have enough funds for quite a few years.
+1
D
Dadog10:24:43 - 13 Dec 2018 [UTC]
Whatever happened to project Pinocchio...
LM
lem mup10:28:12 - 13 Dec 2018 [UTC]
Oh, wow. The expectation management.
D
Deng10:35:30 - 13 Dec 2018 [UTC]
Hello, everyone.
First of all, I think in the proof of solvency page, it has already been indicated that just the circulating CryDR needs to pledge JNT as the solvency proof.
As mentioned in the reddit article,When the assets are held by a reputable company, there is no need for JNT solvency.I think that's acceptable.
In the current policy environment, it is difficult for financial institutions to adopt virtual currency.It’s Force majeure.
But we can now implement their business through Jibrel's solution.This is a good thing!
We can build moats.Once the policy is relaxed,Once virtual currency is accepted by the public,they will have priority to adopt JNT.
This is an early project, what we need to do now is to stand firm.
Jibrel has worked very hard on this.
Please understand the current environment, please understand the team.
If virtual currencies are to be widely successful in the future, I think Jibrel will be one of the few successful projects.
E
Erik10:37:46 - 13 Dec 2018 [UTC]
Olitele
Whatever happened to project Pinocchio...
Just leave this group please, you're not contributing anything.
LM
lem mup10:38:40 - 13 Dec 2018 [UTC]
yongruideng
Hello, everyone.
First of all, I think in the proof of solvency page, it has already been indicated that just the circulating CryDR needs to pledge JNT as the solvency proof.
As mentioned in the reddit article,When the assets are held by a reputable company, there is no need for JNT solvency.I think that's acceptable.
In the current policy environment, it is difficult for financial institutions to adopt virtual currency.It’s Force majeure.
But we can now implement their business through Jibrel's solution.This is a good thing!
We can build moats.Once the policy is relaxed,Once virtual currency is accepted by the public,they will have priority to adopt JNT.
This is an early project, what we need to do now is to stand firm.
Jibrel has worked very hard on this.
Please understand the current environment, please understand the team.
If virtual currencies are to be widely successful in the future, I think Jibrel will be one of the few successful projects.
Right. It took Ripple 4 years to explode in price. Now it's a top 2 crypto, despite no token usage. Most people here expected to be rich by the end of 2018.
DM
Denis M10:39:07 - 13 Dec 2018 [UTC]
Was there any update on the partnership with Kambio?
D
Deng10:42:13 - 13 Dec 2018 [UTC]
Kambio will use Jcash,
But it also takes time for the Kambio team to build its own platform.
All entrepreneurship is not easy, no great thing will be successful in a very short time.
LM
lem mup10:44:02 - 13 Dec 2018 [UTC]
I have no doubt that Jibrel team has the token holders' best interest in mind. But one must remember that best interests end where the reality of capitalism starts. They'll deliver more value to us by pushing for what's realistic, instead of building castles in the sky to appease community until they run out of funds without achieving anything.
D
Deng10:44:09 - 13 Dec 2018 [UTC]
Please give the team more trust.Jibrel has good transparency.
S
Sue Cuck Mahdikk10:44:40 - 13 Dec 2018 [UTC]
yongruideng
Please give the team more trust.Jibrel has good transparency.
We'll see
J
Jiri10:50:22 - 13 Dec 2018 [UTC]
yongruideng
Please give the team more trust.Jibrel has good transparency.
<3
D
Deng10:51:44 - 13 Dec 2018 [UTC]
kubinajiri
<3
What does “<3” mean?I met this word for the first time
77
777 77710:52:36 - 13 Dec 2018 [UTC]
yongruideng
What does “<3” mean?I met this word for the first time
♡
D
Deng10:53:01 - 13 Dec 2018 [UTC]
Wow thank you!
D
Deng10:58:28 - 13 Dec 2018 [UTC]
In fact, if you look at the TG groups of many projects, they refuse to answer a lot of questions from investors, and they don't even disclose their money.Even their communities are managed by third parties.Jibrel has hired full-time community managers to maintain transparency.And Jibrel has never shied away from community issues. And founders answer community questions in person when time permits.
They patiently respond to questions from the community each time.
P3
pablo 3141611:03:51 - 13 Dec 2018 [UTC]
yongruideng
In fact, if you look at the TG groups of many projects, they refuse to answer a lot of questions from investors, and they don't even disclose their money.Even their communities are managed by third parties.Jibrel has hired full-time community managers to maintain transparency.And Jibrel has never shied away from community issues. And founders answer community questions in person when time permits.
They patiently respond to questions from the community each time.
+1
C
Chasethechaser11:08:00 - 13 Dec 2018 [UTC]
Yazan touched on this earlier re: the understanding of the token mechanics from the team's perspective, compared to the community.
In due course, it would be wise to have this information easily available so everyone interested/invested in Jibrel has a good understanding of where they - as a token holder - stand. I know that's much easier said than done, but at the moment we have invested based on the knowledge found through channels available to us at the time, be it the whitepaper, telegram, bitcointalk etc. So when an update gets posted that goes against the understanding of the community of course there will be confusion, disappointment etc.
Having said that it's very clear this entire project has one of the most transparent and professional teams there is. These guys don't need to come on here and explain the workings of the business to us. They do it because they are good people trying to do what is right for everyone involved.
The shifting sands of the token mechanics is a setback imo, but I hold high belief this team is going to do great things.
My 2 cents.
@ttabbaa @arhadd @tarekayna
J
jRunningRabbit11:11:21 - 13 Dec 2018 [UTC]
Nice to see some reasoned responses. We all knew crypto was high risk and Jibrel is a young startup that is finding its way in an evolving regulatory environment.
์ฑ๊น
์ฑ๊ท ๊น11:11:58 - 13 Dec 2018 [UTC]
ใ
C
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D
David11:15:19 - 13 Dec 2018 [UTC]
jRunningRabbit
Nice to see some reasoned responses. We all knew crypto was high risk and Jibrel is a young startup that is finding its way in an evolving regulatory environment.
๐
B
Bjรถrn12:09:16 - 13 Dec 2018 [UTC]
I don't think anyone can question the team's authenticity or good intentions, it just worries me because JNT seems like a solution in search of a problem.
B
Bjรถrn12:10:15 - 13 Dec 2018 [UTC]
Hopefully the team can find a way that allows them to scale properly while also keeping the JNT holders best interest in mind, at the end of the day they're going to do what's best for the buisness. We'll see, I guess
M
Mark12:35:33 - 13 Dec 2018 [UTC]
https://www.coindesk.com/uae-remittance-firm-launching-ripple-based-payments-in-q1-2019
C
Channel_Bot12:55:32 - 13 Dec 2018 [UTC]
๐ฅไธๆณจๆจๅนฟ,็็ธๅผๆต๐ฅ
D
daysandbox_bot12:55:33 - 13 Dec 2018 [UTC]
Removed msg from __ไบๅพ
ๆถ__. Reason: new user + forwarded
D
daysandbox_bot13:09:43 - 13 Dec 2018 [UTC]
Removed msg from __ๅฐ ๅผบ__. Reason: new user + forwarded
M
MB13:44:30 - 13 Dec 2018 [UTC]
With all the bad news for jnt, at least we have some great news in question 5. People might have missed how big this is
SL
Sean Lee13:51:22 - 13 Dec 2018 [UTC]
how big
N
NOG14:32:38 - 13 Dec 2018 [UTC]
Jibrel team, give me my money back please.
B
Bjรถrn14:41:05 - 13 Dec 2018 [UTC]
I thought Jibrel was experimenting with jCore, their own permissioned blockchain, to try and solve the scalability issue. Is this still on-going or has Jibrel shifted its focus?
B
Bjรถrn14:41:21 - 13 Dec 2018 [UTC]
Or perhaps its too early to discuss?
TT
Talal Tabbaa14:43:04 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
I thought Jibrel was experimenting with jCore, their own permissioned blockchain, to try and solve the scalability issue. Is this still on-going or has Jibrel shifted its focus?
Yes we've always said it will be part of our plans.. However, no one really knows what the finanical services blockchain of the future will look like in terms of features.. For that reason, we are going to continue building on Ethereum until some elements are addressed
TT
Talal Tabbaa14:44:04 - 13 Dec 2018 [UTC]
today you have to give up functionality for privacy - the tradeoff isn't ideal... With zero-knowledge proof ideas such as ZK-snarks you can't run complex smart contracts, and without them you won't have privacy (which makes it unlikely for institutions to use for trade)
MD
Mando D14:45:45 - 13 Dec 2018 [UTC]
chasethechaser
Yazan touched on this earlier re: the understanding of the token mechanics from the team's perspective, compared to the community.
In due course, it would be wise to have this information easily available so everyone interested/invested in Jibrel has a good understanding of where they - as a token holder - stand. I know that's much easier said than done, but at the moment we have invested based on the knowledge found through channels available to us at the time, be it the whitepaper, telegram, bitcointalk etc. So when an update gets posted that goes against the understanding of the community of course there will be confusion, disappointment etc.
Having said that it's very clear this entire project has one of the most transparent and professional teams there is. These guys don't need to come on here and explain the workings of the business to us. They do it because they are good people trying to do what is right for everyone involved.
The shifting sands of the token mechanics is a setback imo, but I hold high belief this team is going to do great things.
My 2 cents.
@ttabbaa @arhadd @tarekayna
If they were transparent they'd tell you the truth which is they are under no legal obligation to the tokenholders. We are not shareholders which is why the value proposition of the coin was so important. Now that the original value proposition is off the table, token holders are basically fucked.
B
Bjรถrn14:47:40 - 13 Dec 2018 [UTC]
ttabbaa
today you have to give up functionality for privacy - the tradeoff isn't ideal... With zero-knowledge proof ideas such as ZK-snarks you can't run complex smart contracts, and without them you won't have privacy (which makes it unlikely for institutions to use for trade)
I see... thanks.
T
Tim14:50:59 - 13 Dec 2018 [UTC]
WaffleCoin
If they were transparent they'd tell you the truth which is they are under no legal obligation to the tokenholders. We are not shareholders which is why the value proposition of the coin was so important. Now that the original value proposition is off the table, token holders are basically fucked.
And yet they are here, saying they still put us first, and trying keep a community together when, as you say, they have no obligation too. Doesnt that speak volumes as well?
R1
RJ 1087914:51:25 - 13 Dec 2018 [UTC]
ttabbaa
Yes we've always said it will be part of our plans.. However, no one really knows what the finanical services blockchain of the future will look like in terms of features.. For that reason, we are going to continue building on Ethereum until some elements are addressed
Equity swap sur. It is the only way
R1
RJ 1087914:51:36 - 13 Dec 2018 [UTC]
How much of the 30 million remains?
B
Bjรถrn14:53:50 - 13 Dec 2018 [UTC]
Equity swap is extremely unlikely
B
Bjรถrn14:54:48 - 13 Dec 2018 [UTC]
They have no legal obligation to do so. I sure as hell wouldn't do it if I was in their shoes
B
Bjรถrn14:55:35 - 13 Dec 2018 [UTC]
Don't forget that the team each has 5 million JNT. They have a personal interest as well in having a high token value.
R1
RJ 1087914:56:03 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
Don't forget that the team each has 5 million JNT. They have a personal interest as well in having a high token value.
Would you rather have 25 milliom or 5 mil jnt
R1
RJ 1087914:56:10 - 13 Dec 2018 [UTC]
Equity swap
B
Bjรถrn14:57:49 - 13 Dec 2018 [UTC]
It's not going to happen, there's no point in deluding yourself
H
Ho14:58:31 - 13 Dec 2018 [UTC]
Jnt
H
Ho14:58:32 - 13 Dec 2018 [UTC]
Jnt
H
Ho14:58:32 - 13 Dec 2018 [UTC]
Jnt
H
Ho14:58:33 - 13 Dec 2018 [UTC]
Jnt
่
่ๆ
งๆก14:59:16 - 13 Dec 2018 [UTC]
ๅ
่ดนๆๅคงๅฎถๅฉ็จgateๆฏ็นๅฟไบคๆๅนณๅฐ็ๆผๆดๆฅๅทไธไธชBTC,ๆฏไธชๅฎๅๅทๅฏไปฅๅทไธๆฌก,ๆๅๅ็ปๆ็บขๅ
,่ฆๅท็ๅ ๆๅจไฟก33๏ผ๏ผ150๏ผ
PC
Petr Capek15:04:19 - 13 Dec 2018 [UTC]
ttabbaa
Yes we've always said it will be part of our plans.. However, no one really knows what the finanical services blockchain of the future will look like in terms of features.. For that reason, we are going to continue building on Ethereum until some elements are addressed
talal why not moving to EOS . scalable platform - 4000 tps and no "gas" - transcation are instand and free -
EOS community is big they would love to see JNT on there mainne or there sidechains.
Lot of ETH Projects moved to EOS already.
you can contact eos new york (BP)
https://web.telegram.org/#/im?p=@eosnewyorkchat
E
Erik15:05:52 - 13 Dec 2018 [UTC]
Nog78
Jibrel team, give me my money back please.
Another disrespectful lad. Come on man. Crypto for sure attracts very sad individuals as well.
M
Madoff wasn't on the blockchain15:06:50 - 13 Dec 2018 [UTC]
On this occasion: On December 13, Frank Chapparo at The Block reported that **Basis, a crypto stablecoin project that raised around $133 million **in April, is terminating its operations and is in the process of **returning the capital it raised to its investors**. [...] Could More Projects Follow? Multi-billion dollar firms like PwC have said in the past that **existing regulatory frameworks are preventing blockchain projects and crypto companies from expanding the space and evolving the technology surrounding it**.
M
Madoff wasn't on the blockchain15:06:56 - 13 Dec 2018 [UTC]
https://www.ccn.com/top-stablecoin-basis-may-shut-down-due-to-regulation-what-went-wrong/
E
Erik15:07:14 - 13 Dec 2018 [UTC]
WaffleCoin
If they were transparent they'd tell you the truth which is they are under no legal obligation to the tokenholders. We are not shareholders which is why the value proposition of the coin was so important. Now that the original value proposition is off the table, token holders are basically fucked.
Another one
E
Erik15:11:42 - 13 Dec 2018 [UTC]
I'm sorry on behalf of some of my fellow telegram group members Talal/Yazan, the accusations of some here shows no respect whatsover.
N
NOG15:11:44 - 13 Dec 2018 [UTC]
I just respectfully want my money back.
DM
Denis M15:12:27 - 13 Dec 2018 [UTC]
Nog78
I just respectfully want my money back.
Then you probably shouldn't have invested in crypto.
S
Stella15:12:37 - 13 Dec 2018 [UTC]
ttabbaa
today you have to give up functionality for privacy - the tradeoff isn't ideal... With zero-knowledge proof ideas such as ZK-snarks you can't run complex smart contracts, and without them you won't have privacy (which makes it unlikely for institutions to use for trade)
Hello Talal,
please have a look at Enigma Protocol regarding privacy for smart contracts. No need to give up functionality for privacy. https://m.youtube.com/watch?v=qeJn8YgDIlw
E
Erik15:12:42 - 13 Dec 2018 [UTC]
Nog78
I just respectfully want my money back.
Sorry, doesn't work like that. Now go cry somewhere else.
N
NOG15:13:11 - 13 Dec 2018 [UTC]
For sure I shouldn't have invested in this useless and valueless token
R1
RJ 1087915:15:09 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
On this occasion: On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. [...] Could More Projects Follow? Multi-billion dollar firms like PwC have said in the past that existing regulatory frameworks are preventing blockchain projects and crypto companies from expanding the space and evolving the technology surrounding it.
Again Mr Madoff has the silver bullet. If this isnt going to work then return fundus. Swappy networks ico failed before they reached soft cap and they returned fundus.
TT
Talal Tabbaa15:15:20 - 13 Dec 2018 [UTC]
Android wallet coming out in the UAE/Ireland in a couple of hours :)
DM
Denis M15:16:16 - 13 Dec 2018 [UTC]
ttabbaa
Android wallet coming out in the UAE/Ireland in a couple of hours :)
Nisuuu, will you have a link on the site or only available on the play store?
E
Erik15:16:54 - 13 Dec 2018 [UTC]
ttabbaa
Android wallet coming out in the UAE/Ireland in a couple of hours :)
Cool, so only available on play store in those two countries?
TT
Talal Tabbaa15:17:55 - 13 Dec 2018 [UTC]
Silvester_77
Cool, so only available on play store in those two countries?
That is how most apps are launched (couple of countries) and then launch globally
M
MB15:18:00 - 13 Dec 2018 [UTC]
Take some time to cool off and analyze what the new vision is, that's what I did. The value of the token will never be what we thought it will be, BUT this is what needs to be done for jibrel to have a future and only backing circulating is a much better system. But Jibrel team for your investors you must try your best to keep jnt backing for circulating cryDRs and jcash backed 100%
M
MB15:18:48 - 13 Dec 2018 [UTC]
If you offer us this and all system fees I agree it is fair
M
MB15:19:47 - 13 Dec 2018 [UTC]
Binance has a payment token in top 15 with no great value behind it, COSS has a great value token with way worse value because they offer a much worse solution
E
Erik15:20:35 - 13 Dec 2018 [UTC]
ttabbaa
That is how most apps are launched (couple of countries) and then launch globally
Ok, looking forward to use the app in sunny Spain soon!!
S
saber15:21:23 - 13 Dec 2018 [UTC]
I believe that what the management needs to work on is to manage expectations. Way too many 'investors' here thought they could invest $1000 and that they could retire next yr. How long did it take Amazon to build their business and for us to get comfortable with online shopping? The same should be expected from the blockchain tech. You can't expect a start-up to become a billion dollar company in 1-2 years.
S
saber15:23:33 - 13 Dec 2018 [UTC]
Amazon started as an online bookstore...
S
saber15:24:05 - 13 Dec 2018 [UTC]
Then slowly evolved. Give these guys a chance!
S
saber15:25:08 - 13 Dec 2018 [UTC]
We should be encouraging them. Not put them down.
M
Madoff wasn't on the blockchain15:25:32 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
https://www.ccn.com/top-stablecoin-basis-may-shut-down-due-to-regulation-what-went-wrong/
The concept of Basis was probably not compliant with US laws. However, PwC also mentions that existing regulatory frameworks are preventing blockchain projects and crypto companies from expanding space and evolving the technology surrounding it. That's exactly what Yazan confirmed yesterday. He literally said that 6/7 companies they worked with were restricted by their central banks to transact using virtuall currencies. The whitepaper clearly states that Jibrel is going to work with financial institutions and banks, but this is obviously hardly possible due to the regulatory issues. Also, the whole concept of JNT and its utility has changed and will change. For me, that's not what I bought during the ICO. We see another stablecoin ICO with a funding of $133M failing but at least they are fair enough to admit they have failed and to refund investors
M
MB15:25:43 - 13 Dec 2018 [UTC]
I guess what the community is afraid is that you will abandon jnt, and all you can do is promise you won't which puts us in a preety bad situation considering the expectations we had
B
Bjรถrn15:26:05 - 13 Dec 2018 [UTC]
I understand that the team might have to change the mechanism to comply with regulations and the current desires of institutions in order to achieve wider adoption, I think the fundamenta issue of the community is the lack of a clear long-term vision. Is the plan to get rid of JNT as a solvency mechanism and use it for fees? Or is it perhaps to use cash as collatoral for CryDRs n the short-term and substitute it with JNT as regulations and the underlying technology evolves?
B
Bjรถrn15:26:27 - 13 Dec 2018 [UTC]
It's the confusion that's upsetting people, I think
M
MB15:26:47 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
I understand that the team might have to change the mechanism to comply with regulations and the current desires of institutions in order to achieve wider adoption, I think the fundamenta issue of the community is the lack of a clear long-term vision. Is the plan to get rid of JNT as a solvency mechanism and use it for fees? Or is it perhaps to use cash as collatoral for CryDRs n the short-term and substitute it with JNT as regulations and the underlying technology evolves?
See, to say that you have to blindly trust the team
M
MB15:27:02 - 13 Dec 2018 [UTC]
You don't know they won't abandon the token
M
MB15:27:07 - 13 Dec 2018 [UTC]
They can do that
M
MB15:27:49 - 13 Dec 2018 [UTC]
You have to trust they won't, and with a lot of misunderstandings that were allowed to exist for such a long time
M
MB15:27:59 - 13 Dec 2018 [UTC]
It's hard to trust
M
MB15:28:41 - 13 Dec 2018 [UTC]
They have banks asking not to be involved with digital currency
M
MB15:28:58 - 13 Dec 2018 [UTC]
They could very well be a top company without jnt
E
Erik15:29:19 - 13 Dec 2018 [UTC]
saber
We should be encouraging them. Not put them down.
Totally agree
M
MB15:30:25 - 13 Dec 2018 [UTC]
I actually think the system presented is great the way it is on the reddit flowchart
M
MB15:30:41 - 13 Dec 2018 [UTC]
But jnt value is cut
M
MB15:30:48 - 13 Dec 2018 [UTC]
And it might continue to be
B
Bjรถrn15:31:03 - 13 Dec 2018 [UTC]
I don't think Jibrel has done anything to warrant distrust. If anything, their transparancy is a testiment to their dedication to the community.
B
Bjรถrn15:33:08 - 13 Dec 2018 [UTC]
Jibreel is a start-up who's adapting on the go and I get that. I would just like a clear statement on the long-term vision for how the JNT token is going to be used.
PV
pid vro15:41:17 - 13 Dec 2018 [UTC]
disappointed, but not mad
PV
pid vro15:41:22 - 13 Dec 2018 [UTC]
a shame
PV
pid vro15:41:49 - 13 Dec 2018 [UTC]
my to the moon dream for jnt is gone haha ๐
M
MB15:41:53 - 13 Dec 2018 [UTC]
Also keeping jnt just as gas is unacceptable
M
MB15:41:59 - 13 Dec 2018 [UTC]
It's a joke
M
MB15:42:16 - 13 Dec 2018 [UTC]
To all investors
M
MB15:42:37 - 13 Dec 2018 [UTC]
But I'm not selling so I hope we'll see something better
TT
Talal Tabbaa15:42:38 - 13 Dec 2018 [UTC]
MB
Also keeping jnt just as gas is unacceptable
No one ever said JNT will be exclusively used for gas..
PV
pid vro15:43:34 - 13 Dec 2018 [UTC]
MB
But I'm not selling so I hope we'll see something better
I am, to buy back for a lower price and have more
TT
Talal Tabbaa15:43:38 - 13 Dec 2018 [UTC]
As a company, we have always said we want to eventually move to our own chain, so when that happens, JNT will be used for gas / fees.. That does NOT mean that JNT is only used for gas.
PV
pid vro15:43:54 - 13 Dec 2018 [UTC]
hope I don't get f*** as usual where the price skyrockets just after I sell ๐
A
Ali15:44:41 - 13 Dec 2018 [UTC]
pid vro
hope I don't get f*** as usual where the price skyrockets just after I sell ๐
That tends to happen almost 100% of the time ๐
PV
pid vro15:45:09 - 13 Dec 2018 [UTC]
ahabha
That tends to happen almost 100% of the time ๐
I know, crazy
E
Erik15:46:21 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
It's the confusion that's upsetting people, I think
In my opinion the team doesn't create this confusion. Is the constant changing crypto world that generates this confusion.
TT
Talal Tabbaa15:48:00 - 13 Dec 2018 [UTC]
looking forward to hearing everyone's feedback on the Jwallet !
PV
pid vro15:48:33 - 13 Dec 2018 [UTC]
ttabbaa
looking forward to hearing everyone's feedback on the Jwallet !
only the android version for now right? any specific date for IOS?
B
Bjรถrn15:49:06 - 13 Dec 2018 [UTC]
pid vro
only the android version for now right? any specific date for IOS?
Check the latest medium post.
PV
pid vro15:49:18 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
Check the latest medium post.
allright
B
Bjรถrn15:51:54 - 13 Dec 2018 [UTC]
Silvester_77
In my opinion the team doesn't create this confusion. Is the constant changing crypto world that generates this confusion.
Of course, the team is adapting to changing circumstances, as they should.
M
MB15:52:06 - 13 Dec 2018 [UTC]
ttabbaa
No one ever said JNT will be exclusively used for gas..
If we would go by what was said right now I would withdraw my tokens from a BBB exchange to my jwallet, waiting for project Pinnochio or whatever
M
MB15:52:25 - 13 Dec 2018 [UTC]
Not withdraw from kucoin so they don't steal my tokens
M
MB15:52:42 - 13 Dec 2018 [UTC]
Just giving a heads up
B
Bjรถrn15:53:56 - 13 Dec 2018 [UTC]
You can't blame the whole Kucoin shenanigans on Jibrel though, they're practically trying to extort them and it most likely would have happened regardless of any BBB exhange listing.
M
Madoff wasn't on the blockchain15:55:27 - 13 Dec 2018 [UTC]
ttabbaa
As a company, we have always said we want to eventually move to our own chain, so when that happens, JNT will be used for gas / fees.. That does NOT mean that JNT is only used for gas.
Seriously now. Before we’ll see Jibrel moving to it’s own chain, we’ll see a manned Mars landing. Who needs one year for an android alpha wallet, needs at least 10 years for an own Blockchain.
M
Madoff wasn't on the blockchain15:56:43 - 13 Dec 2018 [UTC]
So many things were promised in the past and not kept, so now I don't believe you anymore
TT
Talal Tabbaa15:57:17 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
Seriously now. Before we’ll see Jibrel moving to it’s own chain, we’ll see a manned Mars landing. Who needs one year for an android alpha wallet, needs at least 10 years for an own Blockchain.
I hope you like Android Jwallet app :)
M
Madoff wasn't on the blockchain15:57:42 - 13 Dec 2018 [UTC]
sorry for the hard but necessary words
TT
Talal Tabbaa15:57:48 - 13 Dec 2018 [UTC]
i know you don't like its timing
M
Madoff wasn't on the blockchain15:58:07 - 13 Dec 2018 [UTC]
i’ll not be able to download/test it
TT
Talal Tabbaa15:58:34 - 13 Dec 2018 [UTC]
madoffwasntontheblockchain
sorry for the hard but necessary words
No worries - I think you know by now that we are happy to accept criticism , and act on it when it makes sense
AH
Ala Haddad16:01:38 - 13 Dec 2018 [UTC]
Stella
Hello Talal,
please have a look at Enigma Protocol regarding privacy for smart contracts. No need to give up functionality for privacy. https://m.youtube.com/watch?v=qeJn8YgDIlw
Hey Stella, thanks for the recommendation, we will take a closer look (cmr)
M
MB16:03:24 - 13 Dec 2018 [UTC]
On a side note, what wallets would you guys recommend as safe?
M
MB16:03:37 - 13 Dec 2018 [UTC]
I dont have a ledger
M
MB16:03:51 - 13 Dec 2018 [UTC]
Is MEW still ok?
PV
Philippe van Sternberg16:05:49 - 13 Dec 2018 [UTC]
MEW is NOT recommended. Only ledger or paper wallet.
PV
Philippe van Sternberg16:07:03 - 13 Dec 2018 [UTC]
Paper wallet only if you know what you’re doing
KV
Korbinian von Obazda16:14:09 - 13 Dec 2018 [UTC]
Ledger should be a must if you have large numbers invested
KV
Korbinian von Obazda16:14:21 - 13 Dec 2018 [UTC]
It's currently available for 50 Euros
J
JD16:18:48 - 13 Dec 2018 [UTC]
Philippe van Sternberg
MEW is NOT recommended. Only ledger or paper wallet.
What about Ledger through MEW?
W
WAUWter16:20:07 - 13 Dec 2018 [UTC]
Hello
W
WAUWter16:20:33 - 13 Dec 2018 [UTC]
Who banned jack
W
WAUWter16:20:41 - 13 Dec 2018 [UTC]
Please unban
AH
Ala Haddad16:20:55 - 13 Dec 2018 [UTC]
WAUWter
Who banned jack
Hey, who's Jack?
W
WAUWter16:21:38 - 13 Dec 2018 [UTC]
Just unban him
W
WAUWter16:22:11 - 13 Dec 2018 [UTC]
Fuck im banned
D
daysandbox_bot16:22:11 - 13 Dec 2018 [UTC]
Removed msg from __WAUWter__. Reason: new user + forwarded
AF
AJ Fal16:31:18 - 13 Dec 2018 [UTC]
Anyone has more details on Basis shutdown?
PV
Philippe van Sternberg16:35:58 - 13 Dec 2018 [UTC]
J2thaD
What about Ledger through MEW?
That is fine as long as you verify the address, token and amount displayed on the ledger are correct.
Z
z16:41:52 - 13 Dec 2018 [UTC]
camel'd
Z
z16:41:58 - 13 Dec 2018 [UTC]
saudi'd
G
Gucci16:50:06 - 13 Dec 2018 [UTC]
hi
PV
Philippe van Sternberg16:51:23 - 13 Dec 2018 [UTC]
Hello Sir ๐ค
JR
Jimmy RUssle16:53:14 - 13 Dec 2018 [UTC]
Everything will be fine guys
JR
Jimmy RUssle16:53:33 - 13 Dec 2018 [UTC]
trust me
AN
Alpha NREET16:53:58 - 13 Dec 2018 [UTC]
My heart rate
AN
Alpha NREET16:54:04 - 13 Dec 2018 [UTC]
Is through the roof lads
AN
Alpha NREET16:54:14 - 13 Dec 2018 [UTC]
Just bought 100k of this coin
AN
Alpha NREET16:54:29 - 13 Dec 2018 [UTC]
My entire grandmother's savings
JR
Jimmy RUssle16:54:43 - 13 Dec 2018 [UTC]
The team is holding 20 million JNT.... this is a tremendous bag size
AN
Alpha NREET16:54:44 - 13 Dec 2018 [UTC]
Having heart palpitations
JR
Jimmy RUssle16:55:15 - 13 Dec 2018 [UTC]
I understand your frustration but everything will be OK
AN
Alpha NREET16:55:17 - 13 Dec 2018 [UTC]
Jimmy RUssle
The team is holding 20 million JNT.... this is a tremendous bag size
How do you like your jimmies sir?
AN
Alpha NREET16:55:23 - 13 Dec 2018 [UTC]
Over easy or rustled?
JR
Jimmy RUssle16:56:04 - 13 Dec 2018 [UTC]
Everything is fine
JR
Jimmy RUssle16:56:14 - 13 Dec 2018 [UTC]
The team will find a solution
AH
Ala Haddad16:56:48 - 13 Dec 2018 [UTC]
Alpha Please refrain from posting too many memes
JR
Jimmy RUssle16:57:12 - 13 Dec 2018 [UTC]
I would just like to point out that reaction gifs are not the same as memes.
AN
Alpha NREET16:57:22 - 13 Dec 2018 [UTC]
Jimmy RUssle
I would just like to point out that reaction gifs are not the same as memes.
Excellent point
AH
Ala Haddad16:57:22 - 13 Dec 2018 [UTC]
Jimmy RUssle
I would just like to point out that reaction gifs are not the same as memes.
Noted ๐
SP
Savresh Patel16:59:51 - 13 Dec 2018 [UTC]
Hello jibrel team
AN
Alpha NREET16:59:57 - 13 Dec 2018 [UTC]
Welcome Mr patel
AN
Alpha NREET17:00:02 - 13 Dec 2018 [UTC]
Old friend of mine
JR
Jimmy RUssle17:00:02 - 13 Dec 2018 [UTC]
I get upset when people refer to image macros or twitter reaction gifs as 'memes'. 'Just hodl guys' is a meme, even though it does not involve the image component. We should correct this FUD at any point going forward.
Anyway, the point is that everything will be OK we just need to settle down and correct the record on those people who are spreading misinformation to accumulate more JNT.
SP
Savresh Patel17:00:05 - 13 Dec 2018 [UTC]
AlphaNeet
Welcome Mr patel
Hi sir
AN
Alpha NREET17:00:42 - 13 Dec 2018 [UTC]
Jimmy RUssle
I get upset when people refer to image macros or twitter reaction gifs as 'memes'. 'Just hodl guys' is a meme, even though it does not involve the image component. We should correct this FUD at any point going forward.
Anyway, the point is that everything will be OK we just need to settle down and correct the record on those people who are spreading misinformation to accumulate more JNT.
Savresh thoughts on this?
SP
Savresh Patel17:00:51 - 13 Dec 2018 [UTC]
Jimmy RUssle
I get upset when people refer to image macros or twitter reaction gifs as 'memes'. 'Just hodl guys' is a meme, even though it does not involve the image component. We should correct this FUD at any point going forward.
Anyway, the point is that everything will be OK we just need to settle down and correct the record on those people who are spreading misinformation to accumulate more JNT.
Sir do I not just hodl then? I am holding good amount of the token jibrel
AN
Alpha NREET17:00:55 - 13 Dec 2018 [UTC]
Savresh is a seasoned crypto investor with many years of experience
SP
Savresh Patel17:00:58 - 13 Dec 2018 [UTC]
AlphaNeet
Savresh thoughts on this?
I responded to him
AN
Alpha NREET17:01:07 - 13 Dec 2018 [UTC]
Oh I see that now
SP
Savresh Patel17:01:13 - 13 Dec 2018 [UTC]
AlphaNeet
Savresh is a seasoned crypto investor with many years of experience
I do not know this man
SP
Savresh Patel17:02:09 - 13 Dec 2018 [UTC]
Jimmy RUssle
I get upset when people refer to image macros or twitter reaction gifs as 'memes'. 'Just hodl guys' is a meme, even though it does not involve the image component. We should correct this FUD at any point going forward.
Anyway, the point is that everything will be OK we just need to settle down and correct the record on those people who are spreading misinformation to accumulate more JNT.
Jimmy sir are you apart of jibrel token team?
JR
Jimmy RUssle17:02:50 - 13 Dec 2018 [UTC]
I am a aprt of the investment team. Not the core 'team' perhaps, but I am very much a part of this project. My bags are so heavy it would take a crane to get them out.
JR
Jimmy RUssle17:03:05 - 13 Dec 2018 [UTC]
That's a meme by the way, but only people who have been in the game for a long time will understand.
SP
Savresh Patel17:03:07 - 13 Dec 2018 [UTC]
Jimmy RUssle
I am a aprt of the investment team. Not the core 'team' perhaps, but I am very much a part of this project. My bags are so heavy it would take a crane to get them out.
Sir why havent you selled yet?
SP
Savresh Patel17:03:26 - 13 Dec 2018 [UTC]
Jimmy RUssle
That's a meme by the way, but only people who have been in the game for a long time will understand.
I have been in the game since very long time when silk road was up and going
JR
Jimmy RUssle17:03:30 - 13 Dec 2018 [UTC]
I sold in may been in tether ever since waiting on my buyback
SP
Savresh Patel17:03:33 - 13 Dec 2018 [UTC]
you are like little fish to me
SP
Savresh Patel17:03:51 - 13 Dec 2018 [UTC]
arhadd
Noted ๐
Heloe admin of jibrel alah I am savresh nice to meet you. Where is it to storee my jibrel and recieves payment for more of jibrel for storing it and not selling
SP
Savresh Patel17:04:12 - 13 Dec 2018 [UTC]
This is great chat very nice friendly to me
SP
Savresh Patel17:04:20 - 13 Dec 2018 [UTC]
Normal chat ban me and no reason
AH
Ala Haddad17:17:09 - 13 Dec 2018 [UTC]
Hello Savresh, we are releasing the Jwallet for Andriod today so you can store and receive payments for ERC20 tokens, alternatively you can use the alpha web app https://jwallet.network or other available ETH wallets. ๐
SP
Savresh Patel17:23:47 - 13 Dec 2018 [UTC]
arhadd
Hello Savresh, we are releasing the Jwallet for Andriod today so you can store and receive payments for ERC20 tokens, alternatively you can use the alpha web app https://jwallet.network or other available ETH wallets. ๐
Yes sir this is great news I am very helpful today by you guys glad I am in this chat to be in here with you all now I will use jwallet to make more of my money grow
AH
Ala Haddad17:24:16 - 13 Dec 2018 [UTC]
savreshpatel
Yes sir this is great news I am very helpful today by you guys glad I am in this chat to be in here with you all now I will use jwallet to make more of my money grow
Great to hear ๐
SP
Savresh Patel17:24:25 - 13 Dec 2018 [UTC]
arhadd
Great to hear ๐
Jibrel to moon
P
Pokoye Dumbaye17:24:37 - 13 Dec 2018 [UTC]
Will jabrel and tala do a buyback program for equal value of BTC?
SP
Savresh Patel17:24:41 - 13 Dec 2018 [UTC]
Welcome sir
P
Pokoye Dumbaye17:24:54 - 13 Dec 2018 [UTC]
BTC money is fall
P
Pokoye Dumbaye17:24:57 - 13 Dec 2018 [UTC]
It is a good idea
JR
Jimmy RUssle17:25:20 - 13 Dec 2018 [UTC]
Currently there is buybakc for ETH if you bought ICO
JR
Jimmy RUssle17:25:30 - 13 Dec 2018 [UTC]
you can sell JNT for 1.5X the ETH you put in
SP
Savresh Patel17:25:34 - 13 Dec 2018 [UTC]
Pokoye Dumbaye
Will jabrel and tala do a buyback program for equal value of BTC?
*jibrel
JR
Jimmy RUssle17:25:36 - 13 Dec 2018 [UTC]
available on bibox
SP
Savresh Patel17:25:53 - 13 Dec 2018 [UTC]
Jimmy RUssle
you can sell JNT for 1.5X the ETH you put in
How do I do this sir I want more money
JR
Jimmy RUssle17:26:07 - 13 Dec 2018 [UTC]
it's not real money on ETH
JR
Jimmy RUssle17:26:12 - 13 Dec 2018 [UTC]
*only
J
Jeas17:26:13 - 13 Dec 2018 [UTC]
I am very happy to release the app. But you can make an app whenever you have time and money. Now I have to achieve something with Jwallet. If you like to release an app, you are mistaken.
JR
Jimmy RUssle17:27:30 - 13 Dec 2018 [UTC]
well said
S
Shunu17:35:00 - 13 Dec 2018 [UTC]
lol cucked
R1
RJ 1087917:35:35 - 13 Dec 2018 [UTC]
Any coders here?
R1
RJ 1087917:35:44 - 13 Dec 2018 [UTC]
Why so long for wallet release?
A
Anthony17:56:05 - 13 Dec 2018 [UTC]
ttabbaa
today you have to give up functionality for privacy - the tradeoff isn't ideal... With zero-knowledge proof ideas such as ZK-snarks you can't run complex smart contracts, and without them you won't have privacy (which makes it unlikely for institutions to use for trade)
ChainLink for complex smart contracts with privacy? Bonus: not tying yourselves to ethereum?
A
Anthony17:58:04 - 13 Dec 2018 [UTC]
If all jibrel does is make a useful set of tools and charge jnt to use it, that should be fine for holders, assuming there's something to reduce the amount in circulation.
A
Anthony17:58:19 - 13 Dec 2018 [UTC]
E.g., binance token burn. Or maybe even REQ's token burn.
A
Anthony17:58:30 - 13 Dec 2018 [UTC]
Some coins seem like they'll do this via staking
A
Anthony17:59:23 - 13 Dec 2018 [UTC]
But binance seems like a pretty clear example: make the token useful for something with a strong demand and then gradually decrease the supply.
A
Anthony18:00:37 - 13 Dec 2018 [UTC]
In any case, I saw this today:
https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2018/12/13/robinhood-goes-after-banks-with-checking-and-savings-accounts.html?usqp=mq331AQHCAFYAYABAQ%3D%3D&_js_v=a2&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.cnbc.com%2F2018%2F12%2F13%2Frobinhood-goes-after-banks-with-checking-and-savings-accounts.html
A
Anthony18:00:49 - 13 Dec 2018 [UTC]
Robinhood offering checking and savings accounts
A
Anthony18:01:28 - 13 Dec 2018 [UTC]
I mentioned yesterday that I expect we will case (crypto) exchanges offer banking services in the future.
A
Anthony18:01:38 - 13 Dec 2018 [UTC]
Here's a traditional exchange doing so.
O
Omm ๐ฎ๐ณ ๐จ๐ฆ ๐ฌ๐ท๐ต๐ฐ18:04:18 - 13 Dec 2018 [UTC]
I get 7%
A
Anthony18:04:19 - 13 Dec 2018 [UTC]
If jibrel's products would be useful to retail banks, could crypto exchanges be potential customers? Assuming we expect to see crypto exchanges offer banking services? If so, is there anything stopping jibrel from trying to convince today's fly by night exchanges like kucoin that they should start transitioning soon?
J
Jimmy18:09:19 - 13 Dec 2018 [UTC]
ttabbaa
today you have to give up functionality for privacy - the tradeoff isn't ideal... With zero-knowledge proof ideas such as ZK-snarks you can't run complex smart contracts, and without them you won't have privacy (which makes it unlikely for institutions to use for trade)
๐ฏ
C
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combot18:46:12 - 13 Dec 2018 [UTC]
combot.org/c/-1001207708808
AH
Ala Haddad18:46:12 - 13 Dec 2018 [UTC]
/stat
B
Bjรถrn18:46:29 - 13 Dec 2018 [UTC]
/stat
C
combot18:46:30 - 13 Dec 2018 [UTC]
combot.org/c/-1001207708808
B
Bjรถrn18:52:39 - 13 Dec 2018 [UTC]
Wouldn't it be a better idea to remove JNT from exchanges and instead centralize trading of the token to the jWallet? That way, you could ensure proper KYC/AML as well as improve the available liquidity by having it all gathered in one place.
PV
pid vro18:56:42 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
Wouldn't it be a better idea to remove JNT from exchanges and instead centralize trading of the token to the jWallet? That way, you could ensure proper KYC/AML as well as improve the available liquidity by having it all gathered in one place.
this
JR
Jimmy RUssle19:00:49 - 13 Dec 2018 [UTC]
JNT doesn't require kyc
B
Bjรถrn19:05:28 - 13 Dec 2018 [UTC]
If we want institutions to become liquidity providers, we'll probably need proper KYC/AML for them to be able to get involved. Can't ensure proper KYC/AML if the token is provided on a bunch of exchanges that have lackluster standards. Or am I wrong? @Yazan15 @arhadd
B
Bjรถrn19:06:56 - 13 Dec 2018 [UTC]
Whereas if you'd only have it available in one place, the jWallet, you could enforce proper procedures.
A
Abracadabra19:11:24 - 13 Dec 2018 [UTC]
https://www.reddit.com/r/Buttcoin/comments/a5t09o/jibrel_network_jnt_has_all_but_exit_scammed_jnt/
D
daysandbox_bot19:11:24 - 13 Dec 2018 [UTC]
Removed msg from __Abracadabra__. Reason: new user + external link
G
Gus19:18:40 - 13 Dec 2018 [UTC]
What’s jnt used for ?
R1
RJ 1087919:19:41 - 13 Dec 2018 [UTC]
gussulliman
What’s jnt used for ?
Lube to screw people out of millions and millions of usd
JR
Jimmy RUssle19:20:36 - 13 Dec 2018 [UTC]
everything will be fine richie relax
JR
Jimmy RUssle19:20:40 - 13 Dec 2018 [UTC]
jnt is stronger than ever
AH
Ala Haddad19:21:14 - 13 Dec 2018 [UTC]
ReallyCoolGuy95
If we want institutions to become liquidity providers, we'll probably need proper KYC/AML for them to be able to get involved. Can't ensure proper KYC/AML if the token is provided on a bunch of exchanges that have lackluster standards. Or am I wrong? @Yazan15 @arhadd
Hey, tagging this as a community request so we can consider it in the future, thanks (cmr)
G
Gus19:24:23 - 13 Dec 2018 [UTC]
RJ999999
Lube to screw people out of millions and millions of usd
Perfect
G
Gus19:24:23 - 13 Dec 2018 [UTC]
Wait... are we the screwee, or the screwer?
G
Gus19:25:24 - 13 Dec 2018 [UTC]
arhadd
Hey, tagging this as a community question so we can consider it in the future, thanks (cmq) - pm'd you
Hello sir. For what is the jnt token used?
AH
Ala Haddad19:36:20 - 13 Dec 2018 [UTC]
gussulliman
Hello sir. For what is the jnt token used?
We're still aiming to disrupt massive industries, using JNT as a utility token.
Islamic Finance - one of the fastest growing industries in the world
Remittances - 22% of which originate in 6-7 countries we have experience working in
And when our B2C products come online, JNT utility will gradually get baked in as well.
G
Gus19:40:31 - 13 Dec 2018 [UTC]
arhadd
We're still aiming to disrupt massive industries, using JNT as a utility token.
Islamic Finance - one of the fastest growing industries in the world
Remittances - 22% of which originate in 6-7 countries we have experience working in
And when our B2C products come online, JNT utility will gradually get baked in as well.
i understand its a utility token… just curious as to what the actual utility is? or aims to be?
M
MB19:46:43 - 13 Dec 2018 [UTC]
Wallet?
G
Gus19:52:21 - 13 Dec 2018 [UTC]
i’m scared because of 4chan :S
M
Mayer20:03:30 - 13 Dec 2018 [UTC]
not yet release jwallet android?
W
WAUWter20:03:41 - 13 Dec 2018 [UTC]
Homo's
G
Gus20:14:43 - 13 Dec 2018 [UTC]
Wheres @RJ999999
G
Gus20:14:54 - 13 Dec 2018 [UTC]
I think R J had the right idea
R1
RJ 1087920:14:56 - 13 Dec 2018 [UTC]
Here sir why
G
Gus20:15:10 - 13 Dec 2018 [UTC]
when equity?
R1
RJ 1087920:15:16 - 13 Dec 2018 [UTC]
gussulliman
when equity?
This
R1
RJ 1087920:15:27 - 13 Dec 2018 [UTC]
@ttabbaa @yazan
R1
RJ 1087920:15:32 - 13 Dec 2018 [UTC]
WHEN EQUITY
G
Gus20:16:05 - 13 Dec 2018 [UTC]
WHEN EQUITY
R1
RJ 1087920:16:31 - 13 Dec 2018 [UTC]
gussulliman
WHEN EQUITY
WEN
G
Gus20:17:00 - 13 Dec 2018 [UTC]
WEN
G
Gus20:17:09 - 13 Dec 2018 [UTC]
EQUITY
R1
RJ 1087920:17:36 - 13 Dec 2018 [UTC]
@arhadd When Equity sur?
AH
Ala Haddad20:18:26 - 13 Dec 2018 [UTC]
Hey @RJ999999 if you don’t respect the rules about no spamming I will have to restrict you.
R1
RJ 1087920:19:47 - 13 Dec 2018 [UTC]
You're just afraif The Jibrel TG Pajeet revolt will spread
R1
RJ 1087920:20:04 - 13 Dec 2018 [UTC]
And we will take the equity se deserve
W
WAUWter20:20:33 - 13 Dec 2018 [UTC]
What's jibril
SP
Savresh Patel20:23:42 - 13 Dec 2018 [UTC]
WAUWter
What's jibril
Jibrel great token and will go to the moon to make you plenty rich sir
W
WAUWter20:24:04 - 13 Dec 2018 [UTC]
Wow
W
WAUWter20:24:10 - 13 Dec 2018 [UTC]
Where I can invest?
W
WAUWter20:24:27 - 13 Dec 2018 [UTC]
What is the ticker
W
wicji20:39:27 - 13 Dec 2018 [UTC]
Come on guys...
SP
Savresh Patel21:17:33 - 13 Dec 2018 [UTC]
Why does the jibrel keep dropping
O
Omm ๐ฎ๐ณ ๐จ๐ฆ ๐ฌ๐ท๐ต๐ฐ21:43:16 - 13 Dec 2018 [UTC]
Jibrel sound like a name a pedo would have
W
WAUWter21:43:49 - 13 Dec 2018 [UTC]
ommji
Jibrel sound like a name a pedo would have
This
AN
Alpha NREET21:59:45 - 13 Dec 2018 [UTC]
savreshpatel
Why does the jibrel keep dropping
This
J
jRunningRabbit22:20:34 - 13 Dec 2018 [UTC]
For my own amusement I will point out ETH is down 11%, LINK is down 16% and JNT is down 12% on the week. Just saying.
JR
Jimmy RUssle22:32:11 - 13 Dec 2018 [UTC]
If we had any liquidty at all we'd be down a whole lot more. ICO holders literally can't sell if they wanted to.
J
jRunningRabbit22:36:32 - 13 Dec 2018 [UTC]
I agree the larger ones can't. Volume is $84620 (24h).
JR
Jimmy RUssle22:44:35 - 13 Dec 2018 [UTC]
90% of that is bibox bots wash trading.... if you look at the order book there are 200k of buy orders on the largest trading pair
P
Pokoye Dumbaye22:47:55 - 13 Dec 2018 [UTC]
Hi Tala exchange in Q4 promise!
C
Channel_Bot22:49:25 - 13 Dec 2018 [UTC]
[..(Joinn-HEREE)..](https://t.me/joinchat/AAAAAE1-ePcv7lHOouHuIw)
P
Pokoye Dumbaye22:54:21 - 13 Dec 2018 [UTC]
I feel lied
P
Pokoye Dumbaye22:54:33 - 13 Dec 2018 [UTC]
Tala where is my money. I bought in ICO
B
Bk 13 [$JNT]22:55:07 - 13 Dec 2018 [UTC]
In swiss in a bank account ๐
JR
Jimmy RUssle22:55:40 - 13 Dec 2018 [UTC]
guys it will be fine
JR
Jimmy RUssle22:55:43 - 13 Dec 2018 [UTC]
do not worry
JR
Jimmy RUssle22:55:49 - 13 Dec 2018 [UTC]
sin't jwallet releasing today>
GK
Gypsy King23:01:14 - 13 Dec 2018 [UTC]
savreshpatel
Why does the jibrel keep dropping
Sir I must say.....you must worry less about jibrel and go back to your subscriptions. After Tom Brady retires it's over for your people in the freat sport of gridiron
GK
Gypsy King23:04:59 - 13 Dec 2018 [UTC]
Does the Jibrel core team care about #TheSurs????
GK
Gypsy King23:05:11 - 13 Dec 2018 [UTC]
RISE UP SURS! RISE UP!
GK
Gypsy King23:05:17 - 13 Dec 2018 [UTC]
WE WILL HAVE OUR EQUITY
GK
Gypsy King23:05:20 - 13 Dec 2018 [UTC]
REEEEEEEEEEEEEEEEEE
GK
Gypsy King23:05:22 - 13 Dec 2018 [UTC]
Reeeeeeee
GK
Gypsy King23:06:54 - 13 Dec 2018 [UTC]
SURS WE MUST MAKE ROGAN JOSH OUT OF THE JIBREL CORE TEAM
GK
Gypsy King23:06:58 - 13 Dec 2018 [UTC]
GET THEM
GK
Gypsy King23:07:04 - 13 Dec 2018 [UTC]
THE PAJEET REVOLT STARTS NOW
JR
Jimmy RUssle23:07:30 - 13 Dec 2018 [UTC]
I told you
JR
Jimmy RUssle23:07:35 - 13 Dec 2018 [UTC]
everything will be fine
JR
Jimmy RUssle23:07:41 - 13 Dec 2018 [UTC]
go read what Yazan wrote again
JR
Jimmy RUssle23:07:49 - 13 Dec 2018 [UTC]
We'rer in a better situation now
GK
Gypsy King23:08:35 - 13 Dec 2018 [UTC]
Jimmy RUssle
I told you
Traitors before enemies
GK
Gypsy King23:08:43 - 13 Dec 2018 [UTC]
Jimmy Russle is obviously Talal lol
JR
Jimmy RUssle23:09:28 - 13 Dec 2018 [UTC]
No sir I am not Talal.... though am I concerned with the amount of rest he's getting
JR
Jimmy RUssle23:09:40 - 13 Dec 2018 [UTC]
I just want you to know that Jibrel will emerge from this much stronger than before
GK
Gypsy King23:11:25 - 13 Dec 2018 [UTC]
Jimmy RUssle
I just want you to know that Jibrel will emerge from this much stronger than before
The soothing lies of the Jibrel core-team alt....
GK
Gypsy King23:11:38 - 13 Dec 2018 [UTC]
Begone Wormtongue
GK
Gypsy King23:12:17 - 13 Dec 2018 [UTC]
Weve all been fucked by the long thorney dick of the snake oil salesman
JR
Jimmy RUssle23:13:24 - 13 Dec 2018 [UTC]
The whole market is down
AH
Ala Haddad23:16:24 - 13 Dec 2018 [UTC]
Hi @driveway4cheap welcome to the group, I had to delete your previous messages because they violate the rules of the discussion
SL
Sean Lo23:16:46 - 13 Dec 2018 [UTC]
There's too much emotions with price movements and no ideas on how to move forward with useful functionality. Admin, can we please clean up the chat?
G
Gucci23:17:53 - 13 Dec 2018 [UTC]
wanna play hangman to pass up the time? E _ _ _ _ y
AH
Ala Haddad23:18:50 - 13 Dec 2018 [UTC]
Let us know your concerns in a civil manner, and we will be happy to address them. Thanks!
GK
Gypsy King23:19:36 - 13 Dec 2018 [UTC]
CryptoReee
wanna play hangman to pass up the time? E _ _ _ _ y
ENergy?
G
Gucci23:19:47 - 13 Dec 2018 [UTC]
driveway4cheap
ENergy?
close but no
GK
Gypsy King23:20:23 - 13 Dec 2018 [UTC]
arhadd
Let us know your concerns in a civil manner, and we will be happy to address them. Thanks!
My concerns are that the pajeet revolt will turn bloody and we will kill everyone in this chat.
GK
Gypsy King23:21:29 - 13 Dec 2018 [UTC]
#PajeetRevolt #Equity
G
Gucci23:21:53 - 13 Dec 2018 [UTC]
driveway4cheap
#PajeetRevolt #Equity
wow u guessed the hangman word without even knowing
GK
Gypsy King23:22:10 - 13 Dec 2018 [UTC]
My turn
G
Gucci23:22:15 - 13 Dec 2018 [UTC]
ok
GK
Gypsy King23:23:26 - 13 Dec 2018 [UTC]
#P_ _ _ _ _ _ _ _ _ _ T
GK
Gypsy King23:23:38 - 13 Dec 2018 [UTC]
Hahajahajaha
K
Kazi23:23:41 - 13 Dec 2018 [UTC]
Wow guys just read the last two days of this chat, sure theres some changes in JNT even I am not pleased with but when I invested in a CRYPTO token that was listed OUTSIDE of top 150 crypto coins I was pretty aware its a RISKY investment. Its a disgrace that some of you are asking for your money back , literally all of crypto has been tanking and stop focusing on monthly price fluctuations if your investing in a start up in a new space . I do agree with that its a fast paced environment that the team has to make changes and constantly adapt to new challenges/ regulation. Trust in the team / the connections they are making , if not just sell and just stop spamming.
JR
Jimmy RUssle23:26:17 - 13 Dec 2018 [UTC]
Did jwallet beta get released?
SL
Sean Lo23:42:57 - 13 Dec 2018 [UTC]
Perhaps the way forward for jnt token is to use say 5% of company profits, buy tokens and token burn them similar to binance.
P
Pokoye Dumbaye23:44:21 - 13 Dec 2018 [UTC]
Will exchange listing Q4 yes or no
P
Pokoye Dumbaye23:44:27 - 13 Dec 2018 [UTC]
It's time to be transparent
P
Pokoye Dumbaye23:44:34 - 13 Dec 2018 [UTC]
Like you say
T
Thomas23:44:58 - 13 Dec 2018 [UTC]
Jimmy RUssle
Did jwallet beta get released?
+1
VE
Vincent Edler23:54:17 - 13 Dec 2018 [UTC]
quick question. Three days ago there where 5.000 JUSD send out from the contract adress to another adress but they don't show up on the Proof of Solvency Site. Why is it not show on the proof of Silvency Site?
https://etherscan.io/token/0x3c7626e41f85150c138a684c7de14bbd636b4596?a=0x1fe3825a3012e581843a483df1452fc2fa4f0bad
https://jcash.network/proof-of-solvency
P
Pokoye Dumbaye00:07:10 - 14 Dec 2018 [UTC]
Vincent Edler
quick question. Three days ago there where 5.000 JUSD send out from the contract adress to another adress but they don't show up on the Proof of Solvency Site. Why is it not show on the proof of Silvency Site?
https://etherscan.io/token/0x3c7626e41f85150c138a684c7de14bbd636b4596?a=0x1fe3825a3012e581843a483df1452fc2fa4f0bad
https://jcash.network/proof-of-solvency
Because that website is hardcoded
P
Pokoye Dumbaye00:07:33 - 14 Dec 2018 [UTC]
It doesn't take into account blockchain transactions. It's very sad tbh
P
Pokoye Dumbaye00:07:50 - 14 Dec 2018 [UTC]
No offense but that's not that hard to code
S
Stella00:13:05 - 14 Dec 2018 [UTC]
arhadd
Hey Stella, thanks for the recommendation, we will take a closer look (cmr)
Hey Ala, thank you and the Jibrel team for letting the community help you to make Jibrel a successful company and looking into suggestions of the community.
์ฑ๊น
์ฑ๊ท ๊น00:16:26 - 14 Dec 2018 [UTC]
Handsome dude
VE
Vincent Edler00:24:15 - 14 Dec 2018 [UTC]
Pokoye Dumbaye
No offense but that's not that hard to code
thx
P
Pokoye Dumbaye00:44:54 - 14 Dec 2018 [UTC]
Things are going very badly today
P
Pokoye Dumbaye00:45:03 - 14 Dec 2018 [UTC]
I think I'm going to kill myself
P
Pokoye Dumbaye00:46:01 - 14 Dec 2018 [UTC]
I will wait until end of year
P
Pokoye Dumbaye00:46:27 - 14 Dec 2018 [UTC]
Sigh
S
Stella00:47:20 - 14 Dec 2018 [UTC]
In my opinion, the Jibrel team is one of the most talented and skilled teams in the crypto world. They are taking the right initial approach in showing the customers (banks) solutions which will obviously benefit them from the point of view of a traditional financial institution. This will open the doors for future solutions involving the use of digital currency (JNT) when they are ready to become more open and as regulation changes in favor of blockchain use. Forcing financial institutions to use digital currency and breaking regulation will get us nowhere! Jibrel has the knowlegde and the funds make the company a success story. What they only need is our patience and our full support. We have a brainpower of 5400 brains here in TG. We are here help the team brainstorming and find solutions. Lets make Jibrel a big success and everybody in the community will benefit.
JR
Jimmy RUssle00:48:49 - 14 Dec 2018 [UTC]
Pokoye Dumbaye
Things are going very badly today
Do not kill yourself. I have a very inspiring Jordan Peterson video that will change your life!
J
Jimmy00:57:43 - 14 Dec 2018 [UTC]
Stella
In my opinion, the Jibrel team is one of the most talented and skilled teams in the crypto world. They are taking the right initial approach in showing the customers (banks) solutions which will obviously benefit them from the point of view of a traditional financial institution. This will open the doors for future solutions involving the use of digital currency (JNT) when they are ready to become more open and as regulation changes in favor of blockchain use. Forcing financial institutions to use digital currency and breaking regulation will get us nowhere! Jibrel has the knowlegde and the funds make the company a success story. What they only need is our patience and our full support. We have a brainpower of 5400 brains here in TG. We are here help the team brainstorming and find solutions. Lets make Jibrel a big success and everybody in the community will benefit.
๐
DM
Denis M01:01:11 - 14 Dec 2018 [UTC]
Pokoye Dumbaye
Will exchange listing Q4 yes or no
The date of the exchange listing is up to the exchange themselves.
G
Gucci01:04:56 - 14 Dec 2018 [UTC]
binance tmrw screenshot this
BB
Brian Barbuscia01:31:06 - 14 Dec 2018 [UTC]
Denis M
The date of the exchange listing is up to the exchange themselves.
We all understand this and it has been the prevailing answer for the past year. No listing will occur however if no deal has been struck. We want confirmation of a deal.
R
Relique02:06:26 - 14 Dec 2018 [UTC]
There is probably no deal. They don't want to pay for listing because they see no value of it. A major exchange isn't likely to raise the token price by any significant amount.
C
Channel_Bot02:22:35 - 14 Dec 2018 [UTC]
❤️็ตๆฅ็พคๆๆปก5ไธไบบ,่ต ้ๆไบบ่ฝฏไปถ
D
daysandbox_bot02:22:35 - 14 Dec 2018 [UTC]
Removed msg from __้ ็ฏฑ็ฌ__. Reason: new user + forwarded
77
777 77703:12:25 - 14 Dec 2018 [UTC]
I heard that Samsung's new Galaxy(S10) is introducing blockchain coldwallet, and I hope we can work together with Jwallet's Android service.
77
777 77703:44:01 - 14 Dec 2018 [UTC]
ENG PLZ
P
Pops03:44:59 - 14 Dec 2018 [UTC]
Has anyone tried the wallet yet?
P
Pops03:45:11 - 14 Dec 2018 [UTC]
Equity
SL
Sean Lo04:05:34 - 14 Dec 2018 [UTC]
aussiecrypto76
Has anyone tried the wallet yet?
I gave up temporarily at the 10 char long password where it can't contain repeating characters and whatnot. Lol
SL
Sean Lo04:06:19 - 14 Dec 2018 [UTC]
I'll do it much later. The complexity seems unnecessary for a local password access to the wallet.
M
MB06:16:50 - 14 Dec 2018 [UTC]
jwallet launched or not?
JG
JUN ASTROPHE GENERAL06:35:44 - 14 Dec 2018 [UTC]
Jibrel network useful or jnt useful?
C
Crypto06:41:43 - 14 Dec 2018 [UTC]
https://cointelegraph.com/press-releases/bitdeer-partners-with-btccom-and-antpool-to-provide-world-class-computing-power-sharing-service?from=groupmessage&isappinstalled=0
ไปฅ
ไปฅๅคชๅไปฃๅธๅถไฝ(ethlinker.com)07:05:43 - 14 Dec 2018 [UTC]
o(︶︿︶)o ๅ,ไฝๆถๆๆถจ
D
Damon07:10:07 - 14 Dec 2018 [UTC]
Pokoye Dumbaye
Will exchange listing Q4 yes or no
Yes:))
ๅพฎL
ๅพฎๆณข LI07:32:19 - 14 Dec 2018 [UTC]
๐นๅนฟๅไปฃๅ,ๆ้่งๆ๐น
D
daysandbox_bot07:32:19 - 14 Dec 2018 [UTC]
Removed msg from __ๅพฎๆณข LI__. Reason: new user + forwarded
์ก๊น
์ก์ก ๊น07:51:10 - 14 Dec 2018 [UTC]
Why did you drag on for months without being listed on the major exchange? (B.B.B)
Tell me the reason.
Give a straight answer to what investors are most curious about.!!
You've been talking about listing large exchanges since February.
Tell investors why JNT haven't been listed and what plans you have behind it
T
Tim07:54:39 - 14 Dec 2018 [UTC]
what happens next
T
Tim07:54:50 - 14 Dec 2018 [UTC]
is this shit still runnin
T
Tim07:54:54 - 14 Dec 2018 [UTC]
WU HAAAANNIN
D
daysandbox_bot08:01:24 - 14 Dec 2018 [UTC]
Removed msg from __Support__. Reason: new user + external link
C
Channel_Bot08:01:24 - 14 Dec 2018 [UTC]
**‼️Attention. Important news.
⚠️We transition into a new phase ICO.
Today we officially launched the "ะthereum Dะตcentralized Asset ะxchange"
Here you can very profitable to buy or sell their tokens.
The Commission on trade in = 0.
♻️We invite all participants to visit our exchange.
The first 10,000 people will receive valuable bonuses.
✔️The official exchange:** http://clc.la/aoQTeg
I
Ismael09:21:59 - 14 Dec 2018 [UTC]
This is the real fear I like
DM
Denis M09:34:08 - 14 Dec 2018 [UTC]
TimonNo1
what happens next
Beware, And bear witness to the paradigm shift!
X
XYZ09:49:29 - 14 Dec 2018 [UTC]
Can anybody from ireland/UAE share Jwallet android screenshots?
X
XYZ09:50:15 - 14 Dec 2018 [UTC]
(Can't understand how anyone from Jibrel can share this on social media...)
ๆ
ๆ ๆ
09:53:11 - 14 Dec 2018 [UTC]
❤️contact ่-็ณป:@wankang
B
Bjรถrn10:20:08 - 14 Dec 2018 [UTC]
I don't think it's released yet.
C
Channel_Bot10:20:50 - 14 Dec 2018 [UTC]
**I have a real pump group with 40+ btc volume. We already done more than 16 successful pumps. Our mission is 100 btc volume in our pump group. We share the coin name before the pumping.
**Contact me @RealPumpGroup
**Free Registration**
C
Channel_Bot10:21:05 - 14 Dec 2018 [UTC]
**I have a real pump group with 40+ btc volume. We already done more than 16 successful pumps. Our mission is 100 btc volume in our pump group. We share the coin name before the pumping.
**Contact me @RealPumpGroup
**Free Registration**
X
XYZ10:42:57 - 14 Dec 2018 [UTC]
longest couple of hours ever
TT
Talal Tabbaa10:42:57 - 14 Dec 2018 [UTC]
Android wallet coming out in the UAE/Ireland in a couple of hours :)
X
XYZ10:44:36 - 14 Dec 2018 [UTC]
Jibrel and timings. Guys, that's your achilles heel...
B
Bk 13 [$JNT]10:45:00 - 14 Dec 2018 [UTC]
XYZ991
(Can't understand how anyone from Jibrel can share this on social media...)
Agree, @arhadd ...
FS
Frank Stanley10:50:21 - 14 Dec 2018 [UTC]
XYZ991
Jibrel and timings. Guys, that's your achilles heel...
I'm sure they have a good reason for the delay
X
XYZ10:51:30 - 14 Dec 2018 [UTC]
Maybe for 24h delay but not for 12 months delay...
P
Pops10:53:41 - 14 Dec 2018 [UTC]
When Equity?
P
Pops10:53:53 - 14 Dec 2018 [UTC]
When wallet?
M
Mayer10:59:18 - 14 Dec 2018 [UTC]
you can find wallet in life everywhere.
FS
Frank Stanley10:59:28 - 14 Dec 2018 [UTC]
XYZ991
Maybe for 24h delay but not for 12 months delay...
They have also been working on all other components to the jibrel suite at the same time. They also threw a lot of resources on the sukuk smart contracts, and who knows what else has been under development during this period (NDAs). I also want that wallet asap, but I really do believe they have been working hard in the project's best interest this past year.
FS
Frank Stanley11:00:19 - 14 Dec 2018 [UTC]
However, they should never have teased the wallet release that far back, that was indeed a miss
ๅค
ๅคไพฏๅฎ้ฏ11:24:52 - 14 Dec 2018 [UTC]
ๅ
่ดนๆๅไฝ็จGateไบคๆๅนณๅฐๆผๆดๆฅๅทไธไธชBTC,1ไธชๅฎๅ็ๅทๅฏไปฅๅท1ๆฌก,ๆผๆๅๅ่ฆ็ตฆๆ็ด
ๅ
,่ฆๆนๆณๅท็ๅ ๆ ๅจไฟก๏ผ๏ผ 7๏ผ 1 5๏ผ๏ผๆพๆ-Macr
M
Mayer11:59:44 - 14 Dec 2018 [UTC]
where r they? Did they leave?
FS
Frank Stanley12:16:13 - 14 Dec 2018 [UTC]
postcagen
where r they? they leave?
The team is based all around the world, Ala and Yazan i believe is based in NY. Can’t expect our CM to be online at all times :)
K
Kishore12:22:55 - 14 Dec 2018 [UTC]
The Amount of Fudders in this group has grown exponentially , I Guess you had enough fun , now leave the group , so there can be some constructive discussions happening
D
daysandbox_bot13:03:51 - 14 Dec 2018 [UTC]
Removed msg from __็ฝ ๅด__. Reason: new user + forwarded
C
Channel_Bot13:37:21 - 14 Dec 2018 [UTC]
๐ๅคงๆต้ๅนฟๅไฝๆ็ง,๐ไปฃๅๅนฟๅ ๐ๆไบบ ๐่ฝฏไปถ
AH
Ala Haddad13:44:22 - 14 Dec 2018 [UTC]
Good morning guys
B
Bjรถrn13:48:46 - 14 Dec 2018 [UTC]
arhadd
Good morning everyone
Good morning, Ala. Is the jWallet released yet? Because I can't seem to find it.
B
Bjรถrn13:56:06 - 14 Dec 2018 [UTC]
Melody
Cool, is that the jWallet app?
D#
Didi #114:12:05 - 14 Dec 2018 [UTC]
Hello (:
D
Deng14:12:10 - 14 Dec 2018 [UTC]
ReallyCoolGuy95
Cool, is that the jWallet app?
Just testing,I believe it will be listed in googleplay soon.
D
Deng14:14:16 - 14 Dec 2018 [UTC]
ReallyCoolGuy95
Cool, is that the jWallet app?
I believe that it will be released soon in google play.
D
Deng14:15:09 - 14 Dec 2018 [UTC]
Wait patiently for a while,Maybe google play list is a bit slow
J
jRunningRabbit14:36:07 - 14 Dec 2018 [UTC]
Good morning
DW
Dale Wallace14:39:40 - 14 Dec 2018 [UTC]
arhadd
Good morning everyone
Good night I'm off to bed :P
M
MB14:55:22 - 14 Dec 2018 [UTC]
@arhadd what's going on with jwallet launch*
D
Deng14:57:09 - 14 Dec 2018 [UTC]
Maybe Google play needs to review a lot of apps.high GP load before christmas holidays.
N
Norman14:57:47 - 14 Dec 2018 [UTC]
Considering I gave Jibrel money for the purpose of implementing the whitepaper and now it turns out that this doesn't work and a major pivot is required, wouldn't one option be to refund investors? I held my ICO stack despite all the warning signs, and seeing Jibrel now being proud of its expanding team and going into ever changing directions, that feels quite odd. I didn't invest so you can toy around with stuff and see what sticks.
D
Deng14:57:47 - 14 Dec 2018 [UTC]
You'll be able to download it at GP soon。
N
Norman14:58:40 - 14 Dec 2018 [UTC]
And no "it's crypto" doesn't change that fact.
B
Bjรถrn14:59:11 - 14 Dec 2018 [UTC]
You can't just invest in companies and then demand your money back when things don't work out the way you imagined.
N
Norman15:00:17 - 14 Dec 2018 [UTC]
Of course I can demand that. A company can't just take money for a specific purpose and do something else with it.
D
Deng15:01:46 - 14 Dec 2018 [UTC]
Things will get better and better,Jibrel has always focused its money on what is best for the project.
Jibrel has never wasted money like other projects
JR
Jimmy RUssle15:01:51 - 14 Dec 2018 [UTC]
Techincally,l you sent them Ethereum. You can buy JNT is still worth 1.5X the amount of ETH you sent during the ICO.
M
Michel15:03:23 - 14 Dec 2018 [UTC]
nme532
Of course I can demand that. A company can't just take money for a specific purpose and do something else with it.
what if the specific purpose dsnt work?
N
Norman15:03:38 - 14 Dec 2018 [UTC]
Refunds in recent SEC cases are in USD value at time of investment. Considering Jibrel did the wise thing and cash out, there's plenty left.
N
Norman15:04:21 - 14 Dec 2018 [UTC]
A company should not be rewarded with "free money" for a crappy concept.
JR
Jimmy RUssle15:05:42 - 14 Dec 2018 [UTC]
But literally no one paid them in USD.
JR
Jimmy RUssle15:05:47 - 14 Dec 2018 [UTC]
Or other FIAT.
N
Norman15:05:59 - 14 Dec 2018 [UTC]
doesn't matter to the SEC
JR
Jimmy RUssle15:06:12 - 14 Dec 2018 [UTC]
What are you talking about?
N
Norman15:06:21 - 14 Dec 2018 [UTC]
and wouldn't be fair either
JR
Jimmy RUssle15:06:34 - 14 Dec 2018 [UTC]
YOu want them to refund you the price of Ether at the time you paid them?
JR
Jimmy RUssle15:06:57 - 14 Dec 2018 [UTC]
In all likelihood, you exchanged ETH for JNT at the ICO
M
Madoff wasn't on the blockchain15:06:57 - 14 Dec 2018 [UTC]
**The price in the ICO was in USD.**
N
Norman15:07:07 - 14 Dec 2018 [UTC]
If you read into recent cases, that's what happens.
JR
Jimmy RUssle15:07:11 - 14 Dec 2018 [UTC]
but what was the medium of exchange?
S
Shunu15:07:31 - 14 Dec 2018 [UTC]
Jimmy RUssle
but what was the medium of exchange?
doesnt matter lol. shit isnt priced in eth or btc in legal cases
JR
Jimmy RUssle15:08:09 - 14 Dec 2018 [UTC]
Name one legal case from an ICO that we can cite as precedent
JR
Jimmy RUssle15:08:48 - 14 Dec 2018 [UTC]
None of you ever gave USD to Jibrel
B
Bk 13 [$JNT]15:08:54 - 14 Dec 2018 [UTC]
Everybody here know what means high risk investment right? Just to make sure... ;)
JR
Jimmy RUssle15:08:58 - 14 Dec 2018 [UTC]
YOu gave them cypto
D
Deng15:09:01 - 14 Dec 2018 [UTC]
Hey man,It is normal for business projects to make strategic adjustments based on real-world conditions.
M
Madoff wasn't on the blockchain15:09:10 - 14 Dec 2018 [UTC]
They’ve instantly exchanged the received ETH into FIAT
JR
Jimmy RUssle15:09:24 - 14 Dec 2018 [UTC]
So what?
JR
Jimmy RUssle15:09:46 - 14 Dec 2018 [UTC]
You can do what you want with your crypto after someone gives it to you
N
Norman15:12:43 - 14 Dec 2018 [UTC]
no you can't. and the coming months/years will likely be painful for ICO projects. some legit projects already shut down and refunded. considering i put around $30k into this, you can be certain I'll do what's necessary to try recover as much as possible.
C
Channel_Bot15:12:49 - 14 Dec 2018 [UTC]
๐ก #ICO **name:** #Jibrel Network ๐ก
**Symbol:** JNT
**Category:** Traditional financial assets on the Ethereum blockchain
**Country:** ๐จ๐ญ Switzerland
**ICO date:** 27 Nov 2017 — 26 Jan 2018
**Tokens supply:** 120 000 000
**Accepts:** ETH, BTC, Fiat
**Token Price:** 1 JNT = 0.25 USD
**Max Cap:** 30 000 000 USD
๐ **Description**: ๐
Jibrel Network provides currencies, equities, commodities and other financial assets and money instruments as standard ERC-20 tokens on the Ethereum blockchain. In the medium to long-term, Jibrel will focus on tokenizing debt instruments and their derivatives- thereby streamlining large portions of retail investment and investment banking operations. They are the first protocol to allow anyone to put traditional assets like currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). Their CryDRs have smart regulation built in; real-world rules and regulations are translated into solidity code to ensure that while decentralized, tokenized financial assets always follow real world rules and regulations.
๐ฌ **Overview:** ๐ฌ
https://www.youtube.com/watch?v=LBMyd7Ql8QU
⚙️ **Working Product:** ⚙️
Will be released on 14 Nov 2017
๐ **Social:** ๐
**Website:** https://jibrel.network/
**Blog:** https://medium.com/@jibrelnetwork
**Telegram:** https://t.me/jibrel_network
**Slack:** https://jibrelnetwork.slack.com/
**Twitter:** https://twitter.com/JibrelNetwork
**Facebook:** https://www.facebook.com/jibrelnetwork/
**LinkedIn:** https://www.linkedin.com/company-beta/11163791
**Github:** https://github.com/jibrelnetwork/
M
Madoff wasn't on the blockchain15:13:17 - 14 Dec 2018 [UTC]
**TOKEN PRICE: 1 JNT = 0.25 USD**
M
Madoff wasn't on the blockchain15:13:28 - 14 Dec 2018 [UTC]
here you go, moron
M
Madoff wasn't on the blockchain15:14:05 - 14 Dec 2018 [UTC]
they always said 1 JNT = 0.25 USD during ICO
M
Madoff wasn't on the blockchain15:14:49 - 14 Dec 2018 [UTC]
ICO price was USD 0.25
M
Madoff wasn't on the blockchain15:15:16 - 14 Dec 2018 [UTC]
Doesn’t matter how you pay
A
Ali15:15:36 - 14 Dec 2018 [UTC]
Let’s keep the discussion civil - calling him a moron when your comment history is quite horrible doesn’t really help :p
JR
Jimmy RUssle15:15:37 - 14 Dec 2018 [UTC]
D E L U D E D
JR
Jimmy RUssle15:15:47 - 14 Dec 2018 [UTC]
Did you send them FIAT?
JR
Jimmy RUssle15:15:52 - 14 Dec 2018 [UTC]
I don't think that you did
A
Ali15:16:23 - 14 Dec 2018 [UTC]
And no you can’t demand a refund - if you didn’t know what it means to invest in a high risk asset (or startup), it’s your problem.
A
Ali15:17:11 - 14 Dec 2018 [UTC]
If you buy apple shares and apple goes to shit because they decide to start selling underwear, you can’t really ask for your money back. You can try but good luck getting anything.
B
Bk 13 [$JNT]15:17:16 - 14 Dec 2018 [UTC]
ahabha
And no you can’t demand a refund - if you didn’t know what it means to invest in a high risk asset (or startup), it’s your problem.
+1
D
Deng15:17:27 - 14 Dec 2018 [UTC]
The project is still developing in a positive direction!
JR
Jimmy RUssle15:18:27 - 14 Dec 2018 [UTC]
You can demand anything you want
JR
Jimmy RUssle15:18:36 - 14 Dec 2018 [UTC]
People just ignore you
D
Deng15:18:41 - 14 Dec 2018 [UTC]
Please read the project update report and the response to the community question carefully.
D
Deng15:20:12 - 14 Dec 2018 [UTC]
JNT is still the gas of the Jibrel network!The proof of solvency is still valid, but only some customers do not need to use it.
B
Bk 13 [$JNT]15:21:58 - 14 Dec 2018 [UTC]
Everybody is here by your own risk.... If you don t believe in team, pls put an order on a exchange in your breakeven point.... And let who believe here, trying to build a constructive community....
H
Howard15:22:41 - 14 Dec 2018 [UTC]
Bk_1313
Everybody is here by your own risk.... If you don t believe in team, pls put an order on a exchange in your breakeven point.... And let who believe here, trying to build a constructive community....
+1
B
Bk 13 [$JNT]15:22:47 - 14 Dec 2018 [UTC]
Don t invest what you can afford to lose ... Just tired of people complain ....
JR
Jimmy RUssle15:23:27 - 14 Dec 2018 [UTC]
Even if you can afford to lose it, it doesn't mean you should be happy about losing it
B
Bk 13 [$JNT]15:24:43 - 14 Dec 2018 [UTC]
Nobody on the team promised nothing and guarented nothing.... Again is a high risk investment.... In a new market.... With regulation begining to get strong ....
B
Bk 13 [$JNT]15:25:26 - 14 Dec 2018 [UTC]
So give then time ... They are working close with gov .. they have money to go ahead....
B
Bk 13 [$JNT]15:26:01 - 14 Dec 2018 [UTC]
Professional team.... The only problem with this project i can see is "us" the community....
TT
Talal Tabbaa15:26:14 - 14 Dec 2018 [UTC]
Yes sir that is correct - JNT is denominated in USD (0.25$ per JNT)
M
Madoff wasn't on the blockchain15:26:54 - 14 Dec 2018 [UTC]
Jimmy RUssle
Did you send them FIAT?
doesn’t matter by law
AH
Ala Haddad15:27:25 - 14 Dec 2018 [UTC]
Hey Madoff wasn't on the blockchain , are you a US citizen?
B
Bk 13 [$JNT]15:28:02 - 14 Dec 2018 [UTC]
Jimmy RUssle
Even if you can afford to lose it, it doesn't mean you should be happy about losing it
I m not happy never in lose money... But i don t put the responsability in others... I chosse in what i invest....
Obs.... Right now i m happy..... Cheaps jibs.... This is what i see ๐
Sorry but Yazan made the picture very clear to me....
M
Madoff wasn't on the blockchain15:28:19 - 14 Dec 2018 [UTC]
i am not
AH
Ala Haddad15:28:32 - 14 Dec 2018 [UTC]
Do you remember signing the agreement for the ICO?
M
Madoff wasn't on the blockchain15:29:35 - 14 Dec 2018 [UTC]
what do you mean by that?
JR
Jimmy RUssle15:30:25 - 14 Dec 2018 [UTC]
Just sell for ETH and wait for it to reach the price it was when you originally bought JNT if you don't want to be in the project anymore.
JR
Jimmy RUssle15:30:52 - 14 Dec 2018 [UTC]
Your coins have appreciated in ETH value. WIn-win.
B
Bk 13 [$JNT]15:31:21 - 14 Dec 2018 [UTC]
Temporary problens mean nothing ....regulation will change till mature point.... And jnt will be in a good place....
M
Madoff wasn't on the blockchain15:31:51 - 14 Dec 2018 [UTC]
Jimmy RUssle
Your coins have appreciated in ETH value. WIn-win.
It was also possible to pay with BTC and FIAT
M
Madoff wasn't on the blockchain15:32:02 - 14 Dec 2018 [UTC]
That is not a Win-Win
M
Madoff wasn't on the blockchain15:32:17 - 14 Dec 2018 [UTC]
do the math
M
Madoff wasn't on the blockchain15:32:56 - 14 Dec 2018 [UTC]
but I doubt you can
B
Bk 13 [$JNT]15:33:02 - 14 Dec 2018 [UTC]
madoffwasntontheblockchain
That is not a Win-Win
You have to decide what do with your investiment.... Not our problem, sorry....
B
Bk 13 [$JNT]15:33:31 - 14 Dec 2018 [UTC]
Have a nice day Madoff....
JR
Jimmy RUssle15:33:37 - 14 Dec 2018 [UTC]
It only matters what YOU paid in
JR
Jimmy RUssle15:33:47 - 14 Dec 2018 [UTC]
that's how refunds work
N
Norman15:34:04 - 14 Dec 2018 [UTC]
I'll stay out of the fanboi talk. Morally Jibrel is in my opinion in the wrong (for a long time already), they're not the professionals they appear (especially not tech-wise), pretty much not a single promise has been kept in the last 12 months, and if there's legal action, I'll be certain to join. Gotta go enjoy my evening now, so ta, gentlemen.
M
Madoff wasn't on the blockchain15:34:40 - 14 Dec 2018 [UTC]
Jimmy RUssle
It only matters what YOU paid in
i did not pay in eth
AH
Ala Haddad15:35:33 - 14 Dec 2018 [UTC]
Hey guys, I'm gonna ask you to get off this topic because it is not useful or conducive to the discussion anymore.
M
Madoff wasn't on the blockchain15:36:38 - 14 Dec 2018 [UTC]
Sure, where is Jwallet? It was supposed be out “today”
M
Madoff wasn't on the blockchain15:37:10 - 14 Dec 2018 [UTC]
Even this promise was not kept
AH
Ala Haddad15:37:42 - 14 Dec 2018 [UTC]
nme532
I'll stay out of the fanboi talk. Morally Jibrel is in my opinion in the wrong (for a long time already), they're not the professionals they appear (especially not tech-wise), pretty much not a single promise has been kept in the last 12 months, and if there's legal action, I'll be certain to join. Gotta go enjoy my evening now, so ta, gentlemen.
Your conerns and interest are both appreciated, we are working on delivering our products and services in the best form. PM me if you have any other concerns I'll be happy to discuss.
D
Deng15:38:09 - 14 Dec 2018 [UTC]
This is an investment, as long as the project is still developing healthily, as long as the project side is still trying to create value, we have no reason to complain.
D
Deng15:39:25 - 14 Dec 2018 [UTC]
madoffwasntontheblockchain
Sure, where is Jwallet? It was supposed be out “today”
Google play needs to review a lot of apps.high GP load before christmas holidays.
D
Deng15:39:44 - 14 Dec 2018 [UTC]
I believe that you will see it soon.
JR
Jimmy RUssle15:40:43 - 14 Dec 2018 [UTC]
So it has been submitted to GP?
AH
Ala Haddad15:41:00 - 14 Dec 2018 [UTC]
yongruideng
Google play needs to review a lot of apps.high GP load before christmas holidays.
The app was reviewed and approved, just waiting on the final push to servers, Jibrel delivered it on time, the rest is out of our hands.
AH
Ala Haddad15:41:30 - 14 Dec 2018 [UTC]
We hope you'll be able to tinker with it as soon as it's out.
M
Moe Guap15:59:28 - 14 Dec 2018 [UTC]
ahabha
If you buy apple shares and apple goes to shit because they decide to start selling underwear, you can’t really ask for your money back. You can try but good luck getting anything.
This is so incredibly stupid. We don't hold Jibrel AG shares like many are asking JNT be converted into. We hold useless JNT which we bought because we were told it had a particular use case and function.
Guess what happens when you buy something that is not as described in the real world? Yes. Refund.
NOBODY here invested in a gas token or for Jibrel to figure out various use cases.Where in the Whitepaper does it say that? And did you see the linked message before? Jibrel were promising a working product by NOVEMBER LAST YEAR!!!
Two concerns come to mind
1 - How can jibrel have any legal opinion that JNT is not a security when we now admit JNT never had a use case, working product or even remotely conceptualization of its token metrics? They admit at this stage JNT was never anything but a speculation vehicle.
2 - How can Jibrel delude themselves into thinking they havent hurt a ton of investors with there constant false promises, delays, failures. The team is not competent. This much is obvious. The right thing is to refund the money as the Jibrel JNT we invested in already failed. Or they convert us into equity and focus on the business as they have been and worry about JNT another time.
M
Moe Guap16:01:12 - 14 Dec 2018 [UTC]
JNT is a failed idea. Why does team feel entitled to keep our money after it failed?
A
Ali16:02:44 - 14 Dec 2018 [UTC]
Formad4
This is so incredibly stupid. We don't hold Jibrel AG shares like many are asking JNT be converted into. We hold useless JNT which we bought because we were told it had a particular use case and function.
Guess what happens when you buy something that is not as described in the real world? Yes. Refund.
NOBODY here invested in a gas token or for Jibrel to figure out various use cases.Where in the Whitepaper does it say that? And did you see the linked message before? Jibrel were promising a working product by NOVEMBER LAST YEAR!!!
Two concerns come to mind
1 - How can jibrel have any legal opinion that JNT is not a security when we now admit JNT never had a use case, working product or even remotely conceptualization of its token metrics? They admit at this stage JNT was never anything but a speculation vehicle.
2 - How can Jibrel delude themselves into thinking they havent hurt a ton of investors with there constant false promises, delays, failures. The team is not competent. This much is obvious. The right thing is to refund the money as the Jibrel JNT we invested in already failed. Or they convert us into equity and focus on the business as they have been and worry about JNT another time.
Go educate yourself on what an “investment” and “capital at risk” means and before calling someone else stupid.
M
Moe Guap16:04:12 - 14 Dec 2018 [UTC]
ahabha
Go educate yourself on what an “investment” and “capital at risk” means and before calling someone else stupid.
You are obviously related to the team. No investor thinks like you. We are people who bought a so called utility token based on a described use case and vision. That use case and vision failed.
AH
Ala Haddad16:05:07 - 14 Dec 2018 [UTC]
Formad4
You are obviously related to the team. No investor thinks like you. We are people who bought a so called utility token based on a described use case and vision. That use case and vision failed.
As mentioned over and over, the initial use cases are still in the works, some approaches may differ but the vision stays the same.
SP
Savresh Patel16:05:16 - 14 Dec 2018 [UTC]
Formad4
You are obviously related to the team. No investor thinks like you. We are people who bought a so called utility token based on a described use case and vision. That use case and vision failed.
Sir jebril is great tokeb
M
Moe Guap16:05:25 - 14 Dec 2018 [UTC]
Many here are happy to test our theories in court. Enjoy. SEC seems agree with me not you and finma soon to
LM
lem mup16:05:43 - 14 Dec 2018 [UTC]
Formad4
This is so incredibly stupid. We don't hold Jibrel AG shares like many are asking JNT be converted into. We hold useless JNT which we bought because we were told it had a particular use case and function.
Guess what happens when you buy something that is not as described in the real world? Yes. Refund.
NOBODY here invested in a gas token or for Jibrel to figure out various use cases.Where in the Whitepaper does it say that? And did you see the linked message before? Jibrel were promising a working product by NOVEMBER LAST YEAR!!!
Two concerns come to mind
1 - How can jibrel have any legal opinion that JNT is not a security when we now admit JNT never had a use case, working product or even remotely conceptualization of its token metrics? They admit at this stage JNT was never anything but a speculation vehicle.
2 - How can Jibrel delude themselves into thinking they havent hurt a ton of investors with there constant false promises, delays, failures. The team is not competent. This much is obvious. The right thing is to refund the money as the Jibrel JNT we invested in already failed. Or they convert us into equity and focus on the business as they have been and worry about JNT another time.
Guess what, you're not an investor and thus Jibrel has zero legal obligations towards you. If you think the JNT token is worthless, then you should sell while it's still valued at 4.5 cents, because you're NOT getting any refunds.
JR
Jimmy RUssle16:06:11 - 14 Dec 2018 [UTC]
That looks like an herbalife chart
M
Moe Guap16:06:53 - 14 Dec 2018 [UTC]
lemmup
Guess what, you're not an investor and thus Jibrel has zero legal obligations towards you. If you think the JNT token is worthless, then you should sell while it's still valued at 4.5 cents, because you're NOT getting any refunds.
LOL more lemmings. Jibrel has a legal obligation to us actually. You think they dont because they called a speculative security a utility token??? LOL
A
Ali16:06:59 - 14 Dec 2018 [UTC]
Pointless discussion given you have so many pre-conceived thoughts about my level of intellect and then my affiliation to the team. I’m sure you’ve never invested in anything and you have no idea how startups work (yes, they change directions several times).
LM
lem mup16:07:31 - 14 Dec 2018 [UTC]
Formad4
LOL more lemmings. Jibrel has a legal obligation to us actually. You think they dont because they called a speculative security a utility token??? LOL
No it doesn't. JNT is not a security. Sell now and move on.
M
Moe Guap16:07:46 - 14 Dec 2018 [UTC]
ahabha
Pointless discussion given you have so many pre-conceived thoughts about my level of intellect and then my affiliation to the team. I’m sure you’ve never invested in anything and you have no idea how startups work (yes, they change directions several times).
We didnt invest in a startup. We invested/bought a utility token called JNT that never had a use case. Find me a single government that calls that anything but a security.
AH
Ala Haddad16:07:54 - 14 Dec 2018 [UTC]
Here is a useful graphic that shows how startups approach problems, Jibrel's vision and market are still as big as ever, the approaches to solutions are naturally subject to change
M
Moe Guap16:07:55 - 14 Dec 2018 [UTC]
You confuse yourself
M
Moe Guap16:08:26 - 14 Dec 2018 [UTC]
arhadd
Here is a useful graphic that shows how startups approach problems, Jibrel's vision and market are still as big as ever, the approaches to solutions are naturally subject to change
We dont care about startups because we have no equity in JirelAG. We care about JNT and its lack of utility
M
Moe Guap16:08:43 - 14 Dec 2018 [UTC]
lemmup
No it doesn't. JNT is not a security. Sell now and move on.
JNT is a security.
AH
Ala Haddad16:08:48 - 14 Dec 2018 [UTC]
https://jcash.network/proof-of-solvency
JNT is used for Jcash today
LM
lem mup16:08:54 - 14 Dec 2018 [UTC]
Formad4
JNT is a security.
It isn't, stop embarrassing yourself.
JR
Jimmy RUssle16:08:55 - 14 Dec 2018 [UTC]
I just spoke with my lawyer. He said we do not have a case.
M
Moe Guap16:09:29 - 14 Dec 2018 [UTC]
Jimmy RUssle
I just spoke with my lawyer. He said we do not have a case.
No you didnt because your a shill. I did and we do.
A
Ali16:09:36 - 14 Dec 2018 [UTC]
And man, please go and try to understand more about SEC and investor protection before talking about courts and whatnot. Good luck with the SEC though - especially given that US investors were not allowed to participate in the first place (so zero SEC jurisdiction). Again, I think your level of intellect is so below par that I’m stopping here. Just educate yourself first.
M
Moe Guap16:09:44 - 14 Dec 2018 [UTC]
I spoke to a swiss lawyer. A good one
SP
Savresh Patel16:09:46 - 14 Dec 2018 [UTC]
Formad4
No you didnt because your a shill. I did and we do.
This I have spoken to my lawyer as well
M
Moe Guap16:09:55 - 14 Dec 2018 [UTC]
Let me link you finma website smart guy
B
Bk 13 [$JNT]16:10:06 - 14 Dec 2018 [UTC]
ahabha
And man, please go and try to understand more about SEC and investor protection before talking about courts and whatnot. Good luck with the SEC though - especially given that US investors were not allowed to participate in the first place (so zero SEC jurisdiction). Again, I think your level of intellect is so below par that I’m stopping here. Just educate yourself first.
๐
๐
๐
JR
Jimmy RUssle16:10:53 - 14 Dec 2018 [UTC]
I understand your frsutration Moe, but we simply don't have a case.
JR
Jimmy RUssle16:11:19 - 14 Dec 2018 [UTC]
You can still sell for the same amount of ETH you put in, or keep holding.
M
Moe Guap16:11:49 - 14 Dec 2018 [UTC]
Let me show you.... lol
LM
lem mup16:12:18 - 14 Dec 2018 [UTC]
Jimmy RUssle
You can still sell for the same amount of ETH you put in, or keep holding.
More ETH actually.
M
Michel16:16:11 - 14 Dec 2018 [UTC]
arhadd
https://jcash.network/proof-of-solvency
JNT is used for Jcash today
+1
JR
Jimmy RUssle16:16:22 - 14 Dec 2018 [UTC]
#beastmode
D
Deng16:18:30 - 14 Dec 2018 [UTC]
arhadd
https://jcash.network/proof-of-solvency
JNT is used for Jcash today
+1
M
Moe Guap16:19:05 - 14 Dec 2018 [UTC]
You want beast mode? Stupid shill. Doesnt matter if we have utility NOW.... the only thing that matters is FINMA:
"Securities regulation is intended to ensure that market participants can base their decisions about investments on a reliable minimum set of information. Moreover, trading should be fair, reliable and offer efficient price formation.
On the basis of the above-mentioned criteria (function and transferability), FINMA will handle ICO enquiries as follows (see also the diagram in the Guidelines, page 8):
Payment ICOs: For ICOs where the token is intended to function as a means of payment and can already be transferred, FINMA will require compliance with anti-money laundering regulations. FINMA will not, however, treat such tokens as securities.
Utility ICOs: These tokens do not qualify as securities only if their sole purpose is to confer digital access rights to an application or service and if the utility token can already be used in this way at the point of issue. If a utility token functions solely or partially as an investment in economic terms, FINMA will treat such tokens as securities (i.e. in the same way as asset tokens).
Asset ICOs: FINMA regards asset tokens as securities, which means that there are securities law requirements for trading in such tokens, as well as civil law requirements under the Swiss Code of Obligations (e.g. prospectus requirements).
ICOs can also exist in hybrid forms of the above categories. For example, anti-money laundering regulation would apply to utility tokens that can also be widely used as a means of payment or are intended to be used as such."
M
Mayer16:19:26 - 14 Dec 2018 [UTC]
BTC broken 3.3k line again.
M
Mayer16:19:38 - 14 Dec 2018 [UTC]
shit
T
Takeshi16:20:07 - 14 Dec 2018 [UTC]
The time has come....
T
Takeshi16:20:14 - 14 Dec 2018 [UTC]
SURS
T
Takeshi16:20:17 - 14 Dec 2018 [UTC]
RISE UP!
M
Moe Guap16:20:20 - 14 Dec 2018 [UTC]
Do you see the part about "can already be used in this way at point of issue"? JNT is not a payment token and could never be used for payment at ICO.
M
Moe Guap16:20:55 - 14 Dec 2018 [UTC]
So Jimmy, who was the lawyer im sure you saw? Did he have a degree even??? LOL
M
Moe Guap16:21:33 - 14 Dec 2018 [UTC]
btw lets not forget yazan admitting jnt has no fucking use case anyway so all these definitions are even more meaningless, making jnt even more of a security
T
Takeshi16:21:45 - 14 Dec 2018 [UTC]
We are a pack of Surs
T
Takeshi16:21:50 - 14 Dec 2018 [UTC]
And we will have out Equity
T
Takeshi16:22:10 - 14 Dec 2018 [UTC]
Who could mistreat a literal pack of Surs in such a way?
JR
Jimmy RUssle16:22:11 - 14 Dec 2018 [UTC]
YEs he's from harvard and worked in M&A for years
M
Moe Guap16:22:21 - 14 Dec 2018 [UTC]
do you really believe developed countries let people do an ico like this, to sell useless tokens and its all ok and legal because "capital risk" and other shit?
JR
Jimmy RUssle16:22:42 - 14 Dec 2018 [UTC]
I beleive you're coping in your own way
M
Moe Guap16:23:01 - 14 Dec 2018 [UTC]
Jimmy RUssle
YEs he's from harvard and worked in M&A for years
Odd a swiss lawyer went to harvard. Jibrel is from switzerland and also, lol, by SEC standards jnt would be even more fucked
JR
Jimmy RUssle16:23:04 - 14 Dec 2018 [UTC]
and that's fine, I'm upset too
JR
Jimmy RUssle16:23:26 - 14 Dec 2018 [UTC]
He has swiss dual citizenship
S
Sue Cuck Mahdikk16:23:37 - 14 Dec 2018 [UTC]
FINMA will.not be pleased with Jibrel's plans for its utility token
M
Moe Guap16:24:31 - 14 Dec 2018 [UTC]
Jimmy RUssle
He has swiss dual citizenship
your deluded
here, let me wake you up: https://www.coindesk.com/sec-chief-clayton-every-ico-ive-seen-security
M
Moe Guap16:24:52 - 14 Dec 2018 [UTC]
But your imaginary swiss harvard lawyer must be right LOL
M
Moe Guap16:25:00 - 14 Dec 2018 [UTC]
go away troll
T
Takeshi16:25:02 - 14 Dec 2018 [UTC]
Jimmy RUssle
and that's fine, I'm upset too
You're obviously Talal or Yazan lol. Or Ala's Alt.. Altla
AH
Ala Haddad16:25:02 - 14 Dec 2018 [UTC]
Formad4
btw lets not forget yazan admitting jnt has no fucking use case anyway so all these definitions are even more meaningless, making jnt even more of a security
Moe, you are falsifying information about what Yazan said. Please refrain from doing that. JNT is being utilized and the ongoing plans and pilots have JNT in the plans.
M
Moe Guap16:25:27 - 14 Dec 2018 [UTC]
arhadd
Moe, you are falsifying information about what Yazan said. Please refrain from doing that. JNT is being utilized and the ongoing plans and pilots have JNT in the plans.
at ICO, the day after, what could JNT be used for? Answer me that
M
Moe Guap16:25:36 - 14 Dec 2018 [UTC]
takeshi619
You're obviously Talal or Yazan lol. Or Ala's Alt.. Altla
this.
JR
Jimmy RUssle16:25:37 - 14 Dec 2018 [UTC]
False. Today is my birthday and to my knowledge it is not Yaz or Talal's birthday
JR
Jimmy RUssle16:25:51 - 14 Dec 2018 [UTC]
I'm a mod on /biz/ I told you already
M
Moe Guap16:26:01 - 14 Dec 2018 [UTC]
its good to know jimmy is the teams true colors since he is the team. We are all fucked.
T
Takeshi16:26:22 - 14 Dec 2018 [UTC]
Jimmy RUssle
and that's fine, I'm upset too
We are no stranger to TG astroturfing mane. Time yo use different alts
JR
Jimmy RUssle16:26:38 - 14 Dec 2018 [UTC]
I understand your concern Takeshi
AH
Ala Haddad16:26:40 - 14 Dec 2018 [UTC]
Moe, you are still falsifying information. This is the second time after I warned you, please stop doing that or I will have to restrain you. I appreciate your questions
T
Takeshi16:26:59 - 14 Dec 2018 [UTC]
arhadd
Moe, you are still falsifying information. This is the second time after I warned you, please stop doing that or I will have to restrain you. I appreciate your questions
Oh shit! He finna put Moe in a straight jacket
G
Gilean16:27:05 - 14 Dec 2018 [UTC]
arhadd
https://jcash.network/proof-of-solvency
JNT is used for Jcash today
Cool! You really need to add some time chart there.
M
Moe Guap16:27:30 - 14 Dec 2018 [UTC]
Jimmy: "lol i shill jibrel every time people say bad things but i promise i saw a swiss harvard 200iq lawyer and we have no case so just forget about it. hey im sleepy, who else is sleepy? lets all go to sleep and forget this"
JR
Jimmy RUssle16:27:40 - 14 Dec 2018 [UTC]
Who popped your bouncy house guys?
AH
Ala Haddad16:27:42 - 14 Dec 2018 [UTC]
Takeshi the team is too busy to be having alts or fake bots, thanks for understanding.
๐
๐
๐ข๐ฑ๐ ๐๐ฐ๐ฒ๐ซ๐ก๐ข๐ฏ๐ข ⁽ฦ ͡ (ुล̥̥̥̥ืล̥̥̥̥) ु16:27:52 - 14 Dec 2018 [UTC]
why delet
T
Takeshi16:28:05 - 14 Dec 2018 [UTC]
arhadd
Takeshi the team is too busy to be having alts or fake bots, thanks for understanding.
Are you?
AH
Ala Haddad16:28:25 - 14 Dec 2018 [UTC]
takeshi619
Are you?
?
JR
Jimmy RUssle16:28:25 - 14 Dec 2018 [UTC]
Jibbies iffy uh, SEC got the stiffy uh
M
Moe Guap16:29:11 - 14 Dec 2018 [UTC]
arhadd
Moe, you are falsifying information about what Yazan said. Please refrain from doing that. JNT is being utilized and the ongoing plans and pilots have JNT in the plans.
No im not. JNT is not working as described in whitepaper so all legal opinion is void. JNT had no use case at launch.
M
Moe Guap16:29:39 - 14 Dec 2018 [UTC]
Convert to equity or refund or we will find a solution ourselves
J
Jeas16:29:56 - 14 Dec 2018 [UTC]
Formad4
No im not. JNT is not working as described in whitepaper so all legal opinion is void. JNT had no use case at launch.
I agree with that. We studied and joined together since we were born.
JR
Jimmy RUssle16:30:58 - 14 Dec 2018 [UTC]
You guys are doing more harm to the project than anyone.
JR
Jimmy RUssle16:31:06 - 14 Dec 2018 [UTC]
Never underestimate the power of positive thought.
JR
Jimmy RUssle16:31:19 - 14 Dec 2018 [UTC]
If you think negative, the price goes down.
B
Bjรถrn16:31:23 - 14 Dec 2018 [UTC]
Moe, you're not getting equity or a refund. If you want to delude yourself then go ahead and if you decide to try to sue - good luck lmao
JR
Jimmy RUssle16:31:46 - 14 Dec 2018 [UTC]
He's a troll that's trying to get our coins for cheap.
M
Moe Guap16:31:52 - 14 Dec 2018 [UTC]
Jibrel 2017 - "Hi we will sell JNT, working product November 2017, on chain solvency, so huge. BBB in Q1 2018!"
Yazan now - "No product, idk what to use JNT for lol, community can give us ideas. Man exchanges are hard, no progress yet. wallet soon"
JR
Jimmy RUssle16:31:55 - 14 Dec 2018 [UTC]
Not goinna happen though. #holdgang
M
Moe Guap16:32:30 - 14 Dec 2018 [UTC]
Jimmy RUssle
You guys are doing more harm to the project than anyone.
I believe the harm to the project was jnt being a useless token.
AH
Ala Haddad16:32:59 - 14 Dec 2018 [UTC]
Formad4
Jibrel 2017 - "Hi we will sell JNT, working product November 2017, on chain solvency, so huge. BBB in Q1 2018!"
Yazan now - "No product, idk what to use JNT for lol, community can give us ideas. Man exchanges are hard, no progress yet. wallet soon"
Again falsifying information, you are pushing me to restrain you but I appreciate that you are trying to pick out what we can improve, so I will ask you again not to falsify or exaggerate information for the third time.
M
Moe Guap16:33:02 - 14 Dec 2018 [UTC]
Jimmy RUssle
If you think negative, the price goes down.
because jnt price is all hopes, dreams good intentions of tal and yaz. nothing real, no use case.
M
Moe Guap16:33:20 - 14 Dec 2018 [UTC]
arhadd
Again falsifying information, you are pushing me to restrain you but I appreciate that you are trying to pick out what we can improve, so I will ask you again not to falsify or exaggerate information for the third time.
Then correct me, dont warn me. Reply to the FINMA post.
SP
Savresh Patel16:34:03 - 14 Dec 2018 [UTC]
arhadd
Takeshi the team is too busy to be having alts or fake bots, thanks for understanding.
Busy doing what? There is no use for jibrel that is like saying i am busy sleeping
M
Moe Guap16:34:08 - 14 Dec 2018 [UTC]
And its not false, Yazan literally said the community will help them on JNT use case ideas LOL. And they promised us working product Nov 17 + BBB. How is that NOT a security?????
JR
Jimmy RUssle16:34:57 - 14 Dec 2018 [UTC]
MOMMY THEY TOOK MY BITCOINS
M
Moe Guap16:35:21 - 14 Dec 2018 [UTC]
Jimmy RUssle
MOMMY THEY TOOK MY BITCOINS
SEC + FINMA take that seriously. Thanks for playing.
SP
Savresh Patel16:35:22 - 14 Dec 2018 [UTC]
Jimmy RUssle
MOMMY THEY TOOK MY BITCOINS
Jimmy is trying so hard to act like this isnt a big deal
AH
Ala Haddad16:35:25 - 14 Dec 2018 [UTC]
Formad4
Then correct me, dont warn me. Reply to the FINMA post.
Payment ICOs: For ICOs where the token is intended to function as a means of payment and can already be transferred, FINMA will require compliance with anti-money laundering regulations. FINMA will not, however, treat such tokens as securities.
Utility ICOs: These tokens do not qualify as securities only if their sole purpose is to confer digital access rights to an application or service and if the utility token can already be used in this way at the point of issue. If a utility token functions solely or partially as an investment in economic terms, FINMA will treat such tokens as securities (i.e. in the same way as asset tokens).
You posted this, and those are two of the in progress usecases of JNT.
JR
Jimmy RUssle16:35:36 - 14 Dec 2018 [UTC]
I'm writing a movie called "Moonboi Moe Goes to the Cleaners"
AH
Ala Haddad16:35:37 - 14 Dec 2018 [UTC]
You answered yourself here?
SP
Savresh Patel16:35:43 - 14 Dec 2018 [UTC]
arhadd
Payment ICOs: For ICOs where the token is intended to function as a means of payment and can already be transferred, FINMA will require compliance with anti-money laundering regulations. FINMA will not, however, treat such tokens as securities.
Utility ICOs: These tokens do not qualify as securities only if their sole purpose is to confer digital access rights to an application or service and if the utility token can already be used in this way at the point of issue. If a utility token functions solely or partially as an investment in economic terms, FINMA will treat such tokens as securities (i.e. in the same way as asset tokens).
You posted this, and those are two of the in progress usecases of JNT.
>”in progress”
SP
Savresh Patel16:35:51 - 14 Dec 2018 [UTC]
So you haven’t produced anything
M
Moe Guap16:35:53 - 14 Dec 2018 [UTC]
arhadd
You answered yourself here?
read the post properly.
M
Moe Guap16:36:01 - 14 Dec 2018 [UTC]
Exactly patel.
M
Moe Guap16:36:44 - 14 Dec 2018 [UTC]
savreshpatel
So you haven’t produced anything
how do you legally define JNT if its founders cant even define it???
AH
Ala Haddad16:36:59 - 14 Dec 2018 [UTC]
JNT is used in Jcash right now and, pending regulatory approvals, in islamic finance and remittances.
SP
Savresh Patel16:37:00 - 14 Dec 2018 [UTC]
How long will they claim “in progress”
M
Moe Guap16:37:20 - 14 Dec 2018 [UTC]
arhadd
JNT is used in Jcash right now and, pending regulatory approvals, in islamic finance and remittances.
Was jcash launched at ICO? no.
SP
Savresh Patel16:37:29 - 14 Dec 2018 [UTC]
Formad4
how do you legally define JNT if its founders cant even define it???
Answer @arhadd
AH
Ala Haddad16:37:31 - 14 Dec 2018 [UTC]
savreshpatel
How long will they claim “in progress”
As long as it will take to deliver products and services useful to the world.
M
Moe Guap16:37:48 - 14 Dec 2018 [UTC]
You dont get what SEC and FINMA using to describe a security.
SP
Savresh Patel16:37:51 - 14 Dec 2018 [UTC]
arhadd
As long as it will take to deliver products and services useful to the world.
Scam
M
Moe Guap16:38:13 - 14 Dec 2018 [UTC]
raising money, s elling a security, then making a use case doesnt revert it to a utility.
JR
Jimmy RUssle16:38:32 - 14 Dec 2018 [UTC]
This is what the 'anger' stage of the market cycle looks like