[ANN] 📒⭐👑 Jinbi Token ~ ‘The Golden ICO’ - Merging Gold With Blockchain 👑⭐📒 - page 17.

Amel

legendary

Activity: 1638

Merit: 1033

Quote from: Anonylz on May 07, 2019, 01:43:16 PM

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.

Anonylz

hero member

Activity: 2562

Merit: 577

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.

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: sonerbo on May 07, 2019, 12:46:31 PM

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.

sonerbo

copper member

Activity: 1358

Merit: 523

Quote from: erikalui on May 07, 2019, 11:29:16 AM

Quote from: NadiaHel on May 07, 2019, 01:59:32 AM

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 .

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: NadiaHel on May 07, 2019, 01:59:32 AM

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.

Assembler

member

Activity: 220

Merit: 11

Quote from: pucunghul on May 07, 2019, 05:21:48 AM

Quote from: asche on May 07, 2019, 03:32:52 AM

Quote from: L A R A on May 07, 2019, 03:30:18 AM

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%.

pucunghul

full member

Activity: 434

Merit: 102

Quote from: asche on May 07, 2019, 03:32:52 AM

Quote from: L A R A on May 07, 2019, 03:30:18 AM

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

L A R A

full member

Activity: 728

Merit: 104

Quote from: asche on May 07, 2019, 03:32:52 AM

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

Quote from: Sylon on April 29, 2018, 11:16:20 PM

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.

asche

legendary

Activity: 1484

Merit: 1491

I forgot more than you will ever know.

Quote from: L A R A on May 07, 2019, 03:30:18 AM

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.

L A R A

full member

Activity: 728

Merit: 104

Quote from: asche on May 07, 2019, 02:40:33 AM

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

Quote

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

asche

legendary

Activity: 1484

Merit: 1491

I forgot more than you will ever know.

Quote from: Anonylz on May 06, 2019, 02:58:44 PM

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.

NadiaHel

full member

Activity: 336

Merit: 203

The buyback will be made at the price of the ICO, $7,04, they said it from the beginning.

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: Pamadar on May 06, 2019, 12:06:32 PM

Quote from: erikalui on May 06, 2019, 05:29:40 AM

Quote from: Anonylz on May 05, 2019, 01:28:34 PM

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

From the date the last announcement was made till now it would have been that the team are already starting the distribution, because if you look at the date of the announcement, it was on the 20th of April, and according to what was written on the announcement, distribution will start 14 days from the announcement, and by my calculations should have been started by now, lets hope team are getting ready to distribute.

They posted an update for bounty participants here: https://t.me/c/1229915461/163

They are having some Buy Back programme also for bounty participants and hope it's in our best interest. Still waiting for their mail which should come today.

Good to see that, it's better to received something from them either Jinbi tokens or ETH which they mentioned before, buy back will be an
assurance to that time frame that bounty participants was waited for some time, will stay positive to get some more updates regarding to this.

Yeah i just saw the update from their announcement channel, it really sounds like a possible news indeed, this means all verified participants will have their reward soon eith in eth or Jinbi tokens, i guess the upcoming mails to qualified participants Will be to choose either to receive payment eth or Jinbi tokens,
But am a bit curious if the buyback will be done in current Jinbi market price? Anyways, good news to all qualified hunters.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: erikalui on May 06, 2019, 05:29:40 AM

Quote from: Anonylz on May 05, 2019, 01:28:34 PM

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

From the date the last announcement was made till now it would have been that the team are already starting the distribution, because if you look at the date of the announcement, it was on the 20th of April, and according to what was written on the announcement, distribution will start 14 days from the announcement, and by my calculations should have been started by now, lets hope team are getting ready to distribute.

They posted an update for bounty participants here: https://t.me/c/1229915461/163

They are having some Buy Back programme also for bounty participants and hope it's in our best interest. Still waiting for their mail which should come today.

Good to see that, it's better to received something from them either Jinbi tokens or ETH which they mentioned before, buy back will be an
assurance to that time frame that bounty participants was waited for some time, will stay positive to get some more updates regarding to this.

oseikuf44

member

Activity: 490

Merit: 10

There is a going to be a buy back program which is likely to be payed in Ether instead of Jinbi tokens. Standing by for any update.

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: Anonylz on May 05, 2019, 01:28:34 PM

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

From the date the last announcement was made till now it would have been that the team are already starting the distribution, because if you look at the date of the announcement, it was on the 20th of April, and according to what was written on the announcement, distribution will start 14 days from the announcement, and by my calculations should have been started by now, lets hope team are getting ready to distribute.

They posted an update for bounty participants here: https://t.me/c/1229915461/163

They are having some Buy Back programme also for bounty participants and hope it's in our best interest. Still waiting for their mail which should come today.

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

From the date the last announcement was made till now it would have been that the team are already starting the distribution, because if you look at the date of the announcement, it was on the 20th of April, and according to what was written on the announcement, distribution will start 14 days from the announcement, and by my calculations should have been started by now, lets hope team are getting ready to distribute.

NadiaHel

full member

Activity: 336

Merit: 203

Quote from: Kopetunto on May 05, 2019, 11:45:34 AM

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

We all have to be patient and wait for an announcement from the team about distribution. I hope the team doesn't postpone because if the team does that, of course the participants will be disappointed

The announcement of the announcement they did several months ago, now they just need to comply or stick to the consequences...

Kopetunto

member

Activity: 630

Merit: 10

Quote from: erikalui on May 05, 2019, 11:29:59 AM

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

We all have to be patient and wait for an announcement from the team about distribution. I hope the team doesn't postpone because if the team does that, of course the participants will be disappointed

erikalui

legendary

Activity: 2632

Merit: 1094

There is no announcement of the distribution whether it is in process or not. Don't know why they are delaying.

Topic: [ANN] 📒⭐👑 Jinbi Token ~ ‘The Golden ICO’ - Merging Gold With Blockchain 👑⭐📒 - page 17. (Read 46104 times)