What are your thoughts — manipulation or not? JBTN
Recently, many private staff conversations from Jailbreak Trading Network have been leaked, which came from former JBTN staff members as well as other members of their community. These conversations show us how JBTN may have been intentionally manipulating the JB economy for their own benefit.
Please be sure to read this entire post to have a full understanding, at the end of the post I've also shared the response I've received from JBTN.
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⚠️ Disclaimer: This post is NOT an accusation or a statement and isn't intended to spread hate, harassment, and/or drama. I have created this post to spread awareness, give the community the transparency it deserves, and create a place for you, the community, to peacefully discuss this important concern.
Section 1
- Combat seemed to have admitted that he is artificially causing fluctuations in the market because it would benefit himself by increasing the relevancy, interest, and visitors for his website.
- The screenshot shows him stating that an item is not pulling the amount he plans to change it to, but will once he changes it. This shows how it seems like he is knowingly causing vаlue manipulation, making the vаlue of items something they actually aren't and expecting them to rise to that vаlue.
- He may be trying to make people dependent on his website as the website shows vаlue changes before they even happen (because the site would be causing the changes), which makes even non vаlue list users become reliant on the website and other lists useless.
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Section 2
- "Future-proof vаlues" appears to mean making changes before they occur, where they expect it to happen so they do them ahead of time, which links back to section 1.
- This screenshot shows his staff members begging him not to do the vаlues changes they had planned, which from what we know he did it regardless.
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Section 3
JBTN staff members sharing their perspective of the situation. Please note that Wrecked does not believe manipulation is 100% confirmed/true. During the time he was working at JBTN he and a few others claim there was no manipulation, although it's not certain to them whenever there was manipulation during the time they were fired.
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Response from JBTN
Before posting this I have spoken to a few people on behalf of JBTN — to give them an opportunity to clear this up before bringing this to the public. They all could not give me an reasonable explanation. I asked if Combat would be willing to clarify the situation to me directly, he declined, but gave his explanation for Section 1
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From what I understood from the explanation is that JBTN is making their vаlues what the community (his subscribers) want them to be, regardless of what the items are actually trаded for — using Asimo's statement that they would like JB to remain an open market to justify this.
An Open/Free Market is is an economic system based on competition, with little or no government interference — in the context of Jailbreak the government is Badimo (or possibly others with control such as vаlue lists, discord servers, youtubers, etc.), and competition is supply & demand.
A free market is not where his subscribers dictate the economy, but it's where trаders are free to determine what they vаlue each item for themselves, and trаde based off that. The freedom given to players is what should naturally cause vаlue fluctuations through the economic principle of supply and demand — and vаlue lists are supposed to only reflect this, not create artificial fluctuations.
When Combat makes a YouTube poll, he is asking "what should the vаlue of (item) be?", and the answer is based on whenever his subscribers have that item, as most want what benefits themselves. Combat has made clear that if his community wanted an item's vаlue to change, he will make it happen "beig literally isn't pulling 17.5 - It will as soon as I change it" (section 1).
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Conclusion
My goal is to spread awareness of these issues, but it is your responsibility as a member of the community to decide for yourselves what this means to you: whenever you believe what they are doing is totally fine, or if there is an issue with how JBTN is using their power.
The owner, staff, and members of the JBTN are all welcome to respond to this post, and are free to share their side of the story, any missing context, and clear these things up to the community. This post will of course be deleted if members of the community are satisfied with their explanation.
If this post ends up causing any sort of hate, harassment, and/or drama, moderators of the subreddit are also free to remove this post.
Thank you very much for reading this post and sparing some of your time. Have a good rest of your day!!