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/biz/ - Business & Finance

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15096366 No.15096366 [Reply] [Original]

Should I pull all of my vidty-sticks out to cold storage?

>> No.15096402
File: 266 KB, 1076x1184, VIDT.jpg [View same] [iqdb] [saucenao] [google]
15096402

>>15096366
Check 'em

>> No.15096406

go VIDT!

>> No.15096439

>>15096366
Sell them. This shit is an unregistered security it will never be tradable for burgers again. The price will soon reflect that.

>> No.15096473

>>15096439
what do you mean by that?

>> No.15096665

>>15096439
When is this going to be confirmed? I hear people talking about it and IDEX said they would announce some shit on July 24th, but didnt.

>> No.15096676

>>15096366
it's an ERC-20, just move em to MEW or MetaMask

>> No.15096705

>>15096473
>>15096665
He means that VIDT is an unregistered security and it will never be tradable for burgers again. You cannot legally buy random security tokens in the US.

>> No.15096790

>land of freedom
>heaviest regulations

>> No.15096793

>>15096705
Man used to be able to purchase want he wanted, whatever he could afford

>> No.15096852

>>15096366
Yes, and then throw them in the garbage

>> No.15096885

>>15096705
>You cannot legally buy random security tokens in the US.

I guess that means they can't tax us on them either then heh

>> No.15096913

>>15096885
lel this. if you’re actually letting uncle sam dictate what you buy and trade in this space, you’re not going to make it. i’ll pay my capital gains if I truly /make it/ but otherwise I’ll find a way to offload my vidties on the t1 exchange, whether I need to use a (d)VPN or otherwise

>> No.15097044

>>15096705
That is not what i asked. Has it been CONFIRMED by anyone with any sort of authority on the matter, whether or not VIDT is a security?

>> No.15097089

>>15096439
>>15096705
>>15097044
Dutch legal team confirmed it as utility for the team. People are really quick to waste their time nowaday, biz is the one board where the users have less of a life than the janitors lmao

>> No.15097221

>>15097044
it's a utility token by dutch legal system. SEC is a different story. Who the fuck knows, and who the fuck cares

>> No.15097377

What coins/tokens out there have been confirmed at this point? Basically nothing so who cares.

>> No.15097555

>>15096676
OP here. Thx, anon. I did this just now. Feels goodman ;)

>> No.15097944

>>15097044
>Has it been CONFIRMED by anyone with any sort of authority on the matter, whether or not VIDT is a security?
I confirmed it. By reading the SEC government website.

https://www.reddit.com/r/FunfairTech/comments/9e417p/no_longer_planning_to_burn_tokens/
>They've explained that burning the tokens might make it a security.
You have a problem when even fun-fucking-fare token stops token burns because it makes it a security.

>>15097089
>Dutch legal team confirmed it as utility for the team.
>Dutch
I'm sure they're on top of North American law and what SEC considers a security token.
I'm sure that legal team fully understands the ins and outs of the crypto project and blockchains and what token burns are.

>> No.15098737

If you hold more than 20,000 VIDT, you'll be rich within a few years.