L A R A
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May 07, 2019, 08:30:18 AM |
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What would be the point of a buyback if it is at market price?
it will be very profitable because the prices on the market are now almost 2x ICO prices Good news - yes. However they announced token distribution for the 22nd of April which is 2 weeks ago, and still nothing. Wait and see.
but you also need to know the token distribution is delayed again because there are many participants who have difficulties in KYC verification
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asche
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I forgot more than you will ever know.
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May 07, 2019, 08:32:52 AM |
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it will be very profitable because the prices on the market are now almost 2x ICO prices You have to know that this means nothing since there is 0 volume.
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L A R A
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May 07, 2019, 08:45:05 AM |
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You have to know that this means nothing since there is 0 volume.
I know JNB has a low daily volume, but the developer offers a buy back program Source : https://t.me/c/1229915461/163
btw the buyback will be done using the ICO price instead of the current market price This bounty campaign is based on a BBB (Bounties Buy Back) model: a portion of the bounties tokens that will be distributed through this campaign will be purchased back, at the ICO price, after the token sale ends.
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pucunghul
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May 07, 2019, 10:21:48 AM |
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it will be very profitable because the prices on the market are now almost 2x ICO prices You have to know that this means nothing since there is 0 volume. the price is very promising, the bounty hunter will certainly be very happy to see this, even though the price dropped 1.4% but Jinbi still has the chance to return to higher
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Assembler
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May 07, 2019, 04:08:00 PM |
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it will be very profitable because the prices on the market are now almost 2x ICO prices You have to know that this means nothing since there is 0 volume. the price is very promising, the bounty hunter will certainly be very happy to see this, even though the price dropped 1.4% but Jinbi still has the chance to return to higher The price is garbage, manipulated 100%.
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erikalui
Legendary
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Merit: 1094
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May 07, 2019, 04:29:16 PM |
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The buyback will be made at the price of the ICO, $7,04, they said it from the beginning.
While the market rate is double the amount so it's profitable if the price drops which I don't see coming as since 2 months it has only increased. Also, the market volume is not that bad as livecoin has many buy orders at 0.0019 to 0.0022 BTC while the price on DDEX is even more.
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sonerbo
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May 07, 2019, 05:46:31 PM |
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The buyback will be made at the price of the ICO, $7,04, they said it from the beginning.
While the market rate is double the amount so it's profitable if the price drops which I don't see coming as since 2 months it has only increased. Also, the market volume is not that bad as livecoin has many buy orders at 0.0019 to 0.0022 BTC while the price on DDEX is even more. How they will buy back with ICO prıce. What they will buy ? The bounty was $ per post and they need to pay the stake amount (was xxx$ ) to each participant reached during the campaign .
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erikalui
Legendary
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May 07, 2019, 05:58:47 PM |
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How they will buy back with ICO prıce. What they will buy ? The bounty was $ per post and they need to pay the stake amount (was xxx$ ) to each participant reached during the campaign .
I guess ETH will be their way of buying back the tokens and they said they will send the newsletter but I did not receive any till now. Till we don't see their offer, nothing can be said. Also, since only signature campaign had dollars assigned to each post, it would be the same via their BB program. Eg: Legendary members get $15 in Jinbi tokens and their ICO price is $7.04 which means every post earns the member 2.13 tokens of Jinbi and hence equivalent amount should be received in USD via ETH or their preferred method. Either way the members would earn a huge profit as Jinbi tokens are worth double now.
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Anonylz
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May 07, 2019, 06:43:16 PM |
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If i am given the option to chose between buyback and payment in Jinbi tokens, my response will definitely be the former because this current price doesn't seem realistic to me, there is no volume yet price is that high, so who is buying when the volume is low? They made the right decision for providing buyback option to hunters, because once payment is made with jinbi tokens, the price will definitely crash not to mention there is very low volume as it is, just my 2cent.
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Amel
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May 07, 2019, 09:00:14 PM |
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If i am given the option to chose between buyback and payment in Jinbi tokens, my response will definitely be the former because this current price doesn't seem realistic to me, there is no volume yet price is that high, so who is buying when the volume is low? They made the right decision for providing buyback option to hunters, because once payment is made with jinbi tokens, the price will definitely crash not to mention there is very low volume as it is, just my 2cent.
The current price is 2x ICO prices so how to determine the purchase price for bounty participants, of course this requires a large amount of money and I'm afraid this can disrupt project funding.
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leninay
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May 08, 2019, 08:41:18 AM |
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khaled0111
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Top Crypto Casino
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May 09, 2019, 07:59:48 PM |
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But am a bit curious if the buyback will be done in current Jinbi market price? Anyways, good news to all qualified hunters.
What would be the point of a buyback if it is at market price? Good news - yes. However they announced token distribution for the 22nd of April which is 2 weeks ago, and still nothing. Wait and see. And what's the point of accepting buyback at ICO price while the current price is almost the double! I think it only makes sense if the agreement happend before being accepted in the campaign. Asking participants if they accept buyback now raises suspicions about the coin's trading volume.
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sieemma
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May 09, 2019, 08:25:28 PM |
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I wrote to suport team of jinbi with my kyc documents attached after telling me they can't find any documents in my profile even though on profile page, it's written as pending review.
The team isn't responding to my several mails after responding to only one of them. What do they want to do?
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khiholangkang
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May 10, 2019, 07:36:05 AM |
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And what's the point of accepting buyback at ICO price while the current price is almost the double! I think it only makes sense if the agreement happend before being accepted in the campaign. Asking participants if they accept buyback now raises suspicions about the coin's trading volume.
Buyback in ICO prices have been promised since the beginning of the bounty began, does not raise suspicion that participants can choose to be paid using tokens or ETH
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generous
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May 10, 2019, 07:46:31 AM |
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And what's the point of accepting buyback at ICO price while the current price is almost the double! I think it only makes sense if the agreement happend before being accepted in the campaign. Asking participants if they accept buyback now raises suspicions about the coin's trading volume.
Buyback in ICO prices have been promised since the beginning of the bounty began, does not raise suspicion that participants can choose to be paid using tokens or ETH if it is paid for with ETH it is certainly better, because the ETH price if it goes down is not like other tokens, and is still feasible for the long term
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Assembler
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May 10, 2019, 11:41:31 AM |
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Another week lost waiting thanks to the jinbi team, scamming again.
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Betfair
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May 10, 2019, 12:02:01 PM |
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They didnt accept my KYC process they say i was late.Whatever fuck these guys scammers!!! i worked for the bounty and put my 2 months.
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Anonylz
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May 10, 2019, 07:42:02 PM |
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If i am given the option to chose between buyback and payment in Jinbi tokens, my response will definitely be the former because this current price doesn't seem realistic to me, there is no volume yet price is that high, so who is buying when the volume is low? They made the right decision for providing buyback option to hunters, because once payment is made with jinbi tokens, the price will definitely crash not to mention there is very low volume as it is, just my 2cent.
The current price is 2x ICO prices so how to determine the purchase price for bounty participants, of course this requires a large amount of money and I'm afraid this can disrupt project funding. I agree with you, current price is 2x of ico which makes me wonder how they are gonna be able to afford to pay hunters with eth, except Ofcours the kyc process will reduce the number of participants who are qualified to be paid, On one hand i think the team don't want their tokens to be dumped so was the buyback idea, On the other hand, you wonder how they will manage to make such payment with either current price or ico price, well we will know soon enough.
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muipo
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May 10, 2019, 08:41:55 PM |
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If i am given the option to chose between buyback and payment in Jinbi tokens, my response will definitely be the former because this current price doesn't seem realistic to me, there is no volume yet price is that high, so who is buying when the volume is low? They made the right decision for providing buyback option to hunters, because once payment is made with jinbi tokens, the price will definitely crash not to mention there is very low volume as it is, just my 2cent.
The current price is 2x ICO prices so how to determine the purchase price for bounty participants, of course this requires a large amount of money and I'm afraid this can disrupt project funding. I agree with you, current price is 2x of ico which makes me wonder how they are gonna be able to afford to pay hunters with eth, except Ofcours the kyc process will reduce the number of participants who are qualified to be paid, On one hand i think the team don't want their tokens to be dumped so was the buyback idea, On the other hand, you wonder how they will manage to make such payment with either current price or ico price, well we will know soon enough. maybe not very soon. Because these guys can only make empty promises !! If suddenly I get tokens, I will immediately sell them. This is not a project, but some circus performers.
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khiholangkang
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May 11, 2019, 04:32:09 AM |
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I agree with you, current price is 2x of ico which makes me wonder how they are gonna be able to afford to pay hunters with eth, except Ofcours the kyc process will reduce the number of participants who are qualified to be paid, On one hand i think the team don't want their tokens to be dumped so was the buyback idea, On the other hand, you wonder how they will manage to make such payment with either current price or ico price, well we will know soon enough.
Buy back will be carried out at ICO prices and it is true I think KYC will reduce participants who receive rewards, because I saw in local forums some people protested not knowing their KYC status
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