/biz/ - Business & Finance

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There are ways to take advantage of the SEC ruling in a "fuck you" kind of way. Anonymous Tue Jul 25 18:29:48 2017 No.2877535 [Reply] [Original]

>tfw I now have the power to create my own "securities"

Goddamn the SEC is retarded lol.

>>	Anonymous Tue Jul 25 18:30:49 2017 No.2877544 https://www.sec.gov/news/press-release/2017-131 Oh yeah. There's the fucking ruling.

>>	Anonymous Tue Jul 25 18:36:35 2017 No.2877597 I just don't get it, aren't token basically another form of coins? Are they now considered legally distinct?

>>	Anonymous Tue Jul 25 18:39:15 2017 No.2877616 I just don't get it, aren't tokens basically another form of coins (just on top of an existing blockchain)? Are they now considered legally distinct?

>>	Anonymous Tue Jul 25 18:39:58 2017 No.2877624 File: 249 KB, 640x480, IMG_5781.jpg [View same] [iqdb] [saucenao] [google] https://www.youtube.com/watch?v=4iIAviY1BPo Get in here fags, live stream

>>	Anonymous Tue Jul 25 18:43:31 2017 No.2877656 >>2877535 christ man, just shut the fuck up already they were already securities, nothing changed, just shut up you annoying faggot newbitch

Anonymous Tue Jul 25 19:37:04 2017 No.2878003

>>2877535
>Goddamn the SEC is retarded lol
You've always had that power, stupid. Go form a corporation. Issue stock. You just created your own securities.
Also this has been the rule since 2014. Cryptocurrency is treated as securities for purpose of IRS and SEC. Nothing you are hearing today is new you dumb fuck.

>>	Anonymous Tue Jul 25 19:40:36 2017 No.2878023 File: 109 KB, 473x416, bancor4.jpg [View same] [iqdb] [saucenao] [google] >>2877535 If only there were some way....

>>	Anonymous Tue Jul 25 19:41:36 2017 No.2878030 >>2878003 I now have the power to make millions of securities within the course of an hour, assign them arbitrary value, and pre-mine them all to myself, then "lose" them all and give myself a huge tax write-off.

Anonymous Tue Jul 25 19:55:22 2017 No.2878125

>>2878030
/biz/

I want you to stop and look at this anon. An anon so stupid...so financially illiterate that he is unaware of capital loss limitations. Yet, he still tries to feed yiu his hair brained schemes. These are the people you have discussions with on a daily basis.

Congratulations, anon. You're probably the dumbest person to have ever posted on 4chan.

>>	Anonymous Tue Jul 25 19:59:06 2017 No.2878162 >>2878125 >You're probably the dumbest person to have ever posted on 4chan You really have no idea where you are do you summerfag?

>>	Anonymous Tue Jul 25 19:59:19 2017 No.2878166 >>2878125 Ouch...

>>	Anonymous Tue Jul 25 20:00:04 2017 No.2878169 >>2878125 jokes on you faggot i don't discuss anything i just shitpost and pink wojak post

>>	Anonymous Tue Jul 25 20:00:35 2017 No.2878175 So how fast are all the American exchanges going to move overseas?

>>	Anonymous Tue Jul 25 20:06:08 2017 No.2878211 >>2878030 >huge tax write-off That's not how huge tax writeoffs work. Also that's fraud good luck with that. You could do that with stock certificates that you make up now, as well. Stop being a dumb fuck.

>>	Anonymous Tue Jul 25 20:06:51 2017 No.2878216 >>2878175 are you kidding me coinbase is making a god damn fortune

>>	Anonymous Tue Jul 25 20:10:12 2017 No.2878237 >>2878169 DIE!!!

>>	Anonymous Tue Jul 25 20:10:27 2017 No.2878239 >>2878030 >hurr

>>	Anonymous Tue Jul 25 20:21:08 2017 No.2878308 >create Shitcoin with 10000000000000000000000000000000000% PoS >get it on yobit or something, some faggot buys it for a dollar's worth of btc >become quadrillionaire overnight Is this how "fair market value" works?

>>	Anonymous Tue Jul 25 20:26:42 2017 No.2878340 >>2877535 Here's a simple one. Make a shitty waves token with a high supply and sell one for $1. Now you have a lot of value for that moment. Then crash it to nothing. File it as a loss.

>>	Anonymous Tue Jul 25 20:47:31 2017 No.2878496 >>2878340 TFW got 4chan.org/biz/ to buy $5000 worth of token that cost $1 and 1 minute to make. Do I need to write the name nigger coin down on tax return?

>>	Anonymous Tue Jul 25 23:14:34 2017 No.2879326 >>2877535 What stock did she invest in?

Anonymous Wed Jul 26 02:57:28 2017 No.2880422

>>2877535
You're the retarded one, you could always create your own securities, but good luck handling the legal requirements and regulatory red tape

Why are there so many 19-year-old Dunning-Kruger retards on this board who think they understand the law better than large government agencies?

>>	Anonymous Wed Jul 26 02:59:04 2017 No.2880426 >>2879326 DGB

>>	Anonymous Wed Jul 26 03:00:12 2017 No.2880428 >tv remote as bookmark the fuck is this

>>	Anonymous Wed Jul 26 03:00:51 2017 No.2880431 >>2877535 if that girl turned around she'd be a pink wojak

>>	Anonymous Wed Jul 26 03:30:10 2017 No.2880548 File: 23 KB, 200x200, 1487265328421.jpg [View same] [iqdb] [saucenao] [google] >>2878496

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