/biz/ - Business & Finance

[Anonymous No.9194174]

ETH BTFO

[Anonymous No.9194190]

Mutts are getting cucked as usual.

[Anonymous No.9194205]

>>9194174
If ETH is a security then practically every other crypto is a security.

[Anonymous No.9194207]

>>9194174
i dont get it.
ok its a security
how will they take eth away from people
how can they stop dex's
how can they stop exchanges that arent even in the united states
how do the jews expect to win this way?

[Anonymous No.9194236]

It's fucking nothing, please tell me a single way they could regulate securities on a blockchain, other than outright jailing people who buy them.

Seriously tell me a single way they could regulate eth.

[Anonymous No.9194287]

Hyped for the pump following the conclusion of this retarded fud

[Anonymous No.9194296]

>>9194207
hint:
it won't be a security.

[Anonymous No.9194304]

>>9194174
>thread gets debunked hard
>fud fails
>op is a faggot so makes another one
jews man

[Anonymous No.9194318]

>>9194287
this

[Anonymous No.9194430]

>>9194236
>Seriously tell me a single way they could regulate eth.
They could force normiebase to delist it O_o

[Anonymous No.9194732]

>>9194287
The regulators already said ICO tokens are securities. ETH will probably be "safe" since it's already on the Winklebog exchange but it's still going to dump.
https://www.coindesk.com/sec-chief-clayton-every-ico-ive-seen-security/

https://www.cnbc.com/2018/04/25/nasdaq-is-open-to-becoming-cryptocurrency-exchange-ceo-says.html
>"ICOs need to be regulated," she said. "The SEC is right that those are securities and need to be regulated as such."

>https://www.bloomberg.com/news/articles/2018-04-23/ether-ripple-may-be-securities-former-cftc-head-gensler-says
Bitcoin, Litecoin and Bitcoin Cash probably wouldn’t be classified as securities as they weren’t sold in ICOs, said Gensler, who is now a senior lecturer at the Massachusetts Institute of Technology. The CFTC has said virtual currencies, like Bitcoin, are commodities.

Amerimutts will either be banned from the big altcoin exchanges or they will have to delist them all.

[Anonymous No.9194757]

>>9194430
Cool, then I can buy it from dexes. It's too late for the jews to do anything. pandora's box has been opened.

[Anonymous No.9194775]

>>9194205
>>9194732

[Anonymous No.9194848]

>>9194174
How hard would it be for the DApps to move if ETH forked away from itself and left the ICO chain to die? Would that escape the legalitues going forward or just land Vitalik in jail for leaving the security version high and dry?

[Anonymous No.9195165]

>>9194296
fpbp

[Anonymous No.9195238]

>>9194207
Winning is easy.
>dump hard right before announcement
>everyone panics and assumes insider whales know ETH will be a security, adds to selloff
>buy up cheap ETH
>"We've decided that ETH is decentralized enough to not be a security"
>market recovers hard as everyone who sold FOMOs back in

[Anonymous No.9195320]

>>9195238
This is how it will probably play out, only autists will fall for the hodl meme.

I already talked about this is another thread. Only idiots won't prepare for this eventuality (image relevant).

>>9189378

May 7th. Mark it. This same shit happened in Feb 6th with the SEC & CFTC Chairmans' US Senate hearing. Make some money /biz/.

[Anonymous No.9195333]

>>9194732
Every ICO is a security and the billions of free ETH they got will be dumped as soon as it's official.
>>9194732

[Anonymous No.9195334]

ITT: low iq mutts who think they can outsmart jews

[Anonymous No.9195360]

>>9195238
Every ICO is a security and the billions of free ETH they got will be dumped as soon as it's official.
>>9194732

[Anonymous No.9195366]

>>9195238
Just short eth until monday. If good news long it and make some easy gains

[Anonymous No.9195405]

Please keep posting this every day so I don't forget. Thanks.

[Anonymous No.9195430]

>>9195334
Jews arent even that smart. They sacrificed their genetics for a bit of an iq boost through massive inbreeding.

[Anonymous No.9195431]

BTC and other "commodity" coins will dump as well. These are in high demand because they're needed to trade altcoins. There are ETH trading pairs but BTC pairs have the highest volume in most altcoin exchanges.

Remember Feb 6th /biz/, the same scenario will play out. Make. Some. Fucking. Money,

[Anonymous No.9195449]

>mutts trying cuck crypto again
good luck faggots.

[Anonymous No.9195451]

>>9194174
Being a burger is suffering

[Anonymous No.9195454]

>>9195238
and then moon into consensus 2018 and into summer

[Anonymous No.9195489]

>>9194757
My dude if coinbase actually delisted it it would eat absolute shit. It might fall outside top 5

[Anonymous No.9195507]

>>9195430
Yeah and now they've realized that they'll never be white so now they're trying to ruin western civilization for everyone else.

[Anonymous No.9195521]

>>9195360
This. I wouldn't fall for the
>it will be like in February
narrative
Bitcoin, Litecoin and other non ICO coins will
skyrocket that day. $1000 ltc might not be a meme afterall

[Anonymous No.9195527]

Aaaaand no reaction. It will probably only start to dump 1-2 days before the announcement.

[Anonymous No.9195566]

>>9194205
nah, just ICOs, remember that ether was an ICO

[Anonymous No.9195608]

>>9194757
Agreed. Dex changed the game. (((They))) are losing positive on control and are getting worried.

[Anonymous No.9195611]

>>9195521
holy shit you’re right and I just realized monero will get ledger support right around the 7th

[Anonymous No.9195627]

>>9195566
>nah, just ICOs, remember that ether had an ICO
ftsfy

[Anonymous No.9195660]

>>9195611
>checked
Expect some bearish action till the weekend. Set a reasonable limit buy order and watch the ERC 20 Token market share get absorbed by classical coins

[Anonymous No.9195668]

Plus they can go back 20 years and collect fines

[Anonymous No.9195689]

>>9194236
It will be gone from every regulated exchange first of all

[Anonymous No.9195735]

Move over Ethereum: New functionality for Bitcoin Cash makes it a Smart Contract Contender


http://www.wallstreettechnologist.com/2018/04/29/move-over-ethereum-new-functionality-for-bitcoin-cash-makes-it-a-smart-contract-contender/

[Anonymous No.9195772]

>>9195660
thanks, good call on both posts

[Anonymous No.9195860]

id expect the eos to get hit to as they were advertising in times square for the ico which is pretty blatant

[Anonymous No.9195869]

>>9194287
Blood is flowing to my corpora cavernosa for the inevitable rocket launch that follows the SEC deciding to do nothing.

[Anonymous No.9195894]

>>9195860
"not available for purchase in the USA"
yeah, tron too

[Anonymous No.9195896]

Does this mean tether up later this week then?

[Anonymous No.9195934]

They can make it a security bjt thats just for consumer protection. You can forego such protections by usin a DEX which is why Binance is building one.

[Anonymous No.9195943]

>>9195896
I think bitcoin/monero may be a bit bearish as>>9195660 pointed out but they won’t reaaaaally dip

[Anonymous No.9195949]

>>9194174
Feds can fuck off

[Anonymous No.9196006]

>>9195521
ERC20 token speculation also caused people to buy BTC as high-volume trading pairs, the whole market will dive.

[Anonymous No.9196049]

>>9195896
Everyone else is thinking the exact same thing, better sell now.

Fuck, and I just bought $200 more in ETH yesterday and can’t sell because coinbase’s 7 day delay

[Anonymous No.9196063]

ETH is sold on coinbase, if the article below about XRP is correct, coinbase don't want to be involved in securities....it is a good read anyways

https://cryptocoinmastery.com/ripple-gets-rejected-by-gemini-and-coinbase/

[Anonymous No.9196065]

>>9194207
banning ovens

[Anonymous No.9196071]

>>9194236
One of the weaknesses of knowing who the creator is and being able to put a face to the organization.

Vitalik faces a difficult situation.

That's one of the benefits Bitcoin has, even though there is lot's of information on who Satoshi might be, the individual and people who worked with him.

That's what all these idiots who keep demanding proof of Satoshi from certain individuals don't understand.

It's a huge advantage not having that has an attack point, Ethereum and all other coins have known creators.

[Anonymous No.9196074]

>>9196006
nah bitcoin will be the only place for people to escape unless they want to cash out altogether

[Anonymous No.9196092]

>>9196006
I can't beam USD anywhere and I need a bank, most of the time, to get it. So its sunk. BTC is going to be going to 1 million.

[Anonymous No.9196099]

>>9196063
oh should have said no erc20 tokens yet on coinbase but i believe coinbase announced support for tokens soon
t. don't even have a coinbase login

[Anonymous No.9196104]

>>9194174
>america

Most of us dont give a shit retard

Mutts always ruin good things

[Anonymous No.9196135]

Something like 40% of all ICO's last year are now worth almost zero so they are going to have to regulate to protect people from losing money. They have already said tokens and ICO's are Securities now what they do is whats up for grabs. They banned online gambling for USA people.

[Anonymous No.9196139]

eth is toast once ven mainnet is live so who cares

[Anonymous No.9196151]

>>9196049
yeh i think imma tether up tonight :(

[Anonymous No.9196171]

>>9195566
ICOs are already classified as securities, but once they hit the open market they are considered “collectibles”

That might change on may 7th, though

[Anonymous No.9196182]

>>9196074
>>9196092
>Pic related

[Anonymous No.9196183]

Propably won't be classified as a security. They know they can't control or stop it so they are going to safe face and not even try lol. I mean look at what happened when china tried to ban cryptos, fucking stupid.

[Anonymous No.9196191]

>>9196049
$200? You pajeet cuck cunt

[Anonymous No.9196203]

>>9196183
thats not the problem. the problem will be everyone panic selling because they THINK something will happen

[Anonymous No.9196224]

>>9196203
thats not the problem. the problem will be everyone panic selling because they THINK something will happen


>I mean look at what happened when china tried to ban cryptos, fucking stupid.


yeah and the market fucking dumped

[Anonymous No.9196240]

>>9196183
thats not the problem. the problem will be everyone panic selling because they THINK something will happen


>I mean look at what happened when china tried to ban cryptos, fucking stupid.


yeah and the market fucking dumped

[Anonymous No.9196244]

>>9196203
How's that a problem? Fucking great opportunity to buy cheap

[Anonymous No.9196248]

>>9196224
Finally one smartass here who knows what this discussion is really about. >>9189583

[Anonymous No.9196250]

>>9196224

True, but the long term effect ended up being pretty fucking small.

[Anonymous No.9196253]

>>9196244
exactly thats why i said im gonna tether up

[Anonymous No.9196267]

>>9196250
yes but tether up in the meantime

[Anonymous No.9196285]

>>9196267

Yep! I'm ready to buy the dip.

[Anonymous No.9196357]

Looks like trons gonna dethrone eth

[Anonymous No.9196387]

Guys so OMG is working with the thai gov. the thai gov has not declared OMG a security. i would think most countries are going to use a very similar definition for security

[Anonymous No.9196680]

>>9194174
This is bullish for BCH smart contracts

[Anonymous No.9196783]

How do I profit off this? Go into BTC right before and then buy back in during the news?

[Anonymous No.9196821]

Why shouldn't i just HODL and biy even more during the inevitable dip?

I want 1 full ether.
I only have .4 right now

[Anonymous No.9196974]

>>9196821
This. Swinging what we have like this with Tether etc seems awfully risky. If it DOES dip hard, this just seems like a good time to buy

[Anonymous No.9196976]

>>9196783
fuck me do you tards even read before you post? Don't worry i know....
>how do i profit off this?
um i don't know READ the thread
then plz KYS

[Anonymous No.9196994]

>>9196974
>Tether
tether will be a security also.....

[Anonymous No.9197377]

>>9194174
They should invent a new classification because 1930's laws shouldn't apply to crypto

[Anonymous No.9197545]

>>9197377
you're right, but that's not even the point, the point for them is to create an entry barrier for regular people so only accredited fuckers can buy first and then we can buy their bags after 1 year for a 10x premium price, so that we are safe and protected.
They could create a new definition and rules for crypto assets but not much would change.

[Anonymous No.9197616]

>>9194174
>>9194732
>mfw the ICO of the coin im all in on is not accessible in the US and is still going to be worth 900$ EOY

you faggots not on eos yet?

[Anonymous No.9198140]

>>9197377
Ether is literally a commodity. It's fuel for distributed applications and smart contracts.

[Anonymous No.9198322]

How the fuck can they regulate this shit?

Say I bought btc on coinbase. I than sent the btc to a chink exhange and bought er20 tokens. There is no way they will find out. When I sell the er20 tokens for btc on a chink exhange, then transfer btc back to coinbase to cash out... there is nothing they can do

This is fucking fud. America ain’t shit any more. Stop thinking they are

Icx which was an er20 tokens did the ico out of Switzerland with the Swiss govs backing. Wtf can America do. Absolute weak ass fud

[Anonymous No.9198364]

>>9198322
They cant do anything legally but they can FUD the crypto market. Remember what happened with China?

[Anonymous No.9198425]

>>9198364
Are idiots that stupid to believe fud that can’t be executed?

China is diff as the Chinese gov are fucking commie fucks who control everything. They throw people in jail for less. Americans still have some rights.

I honestly don’t see them classifying anything as a security. The Jews would much rather make tons of money all the way up to 2000usd btc and than crash it. Not now with current eth and ripple prices

Anybody with higher than disco era iq would relize this.

[Anonymous No.9198446]

>>9198425
I meant 2000usd eth.

[Anonymous No.9198513]

And the market does not care.

You can't ban something that is decentralized you can only ban yourself from using it.

People think the market is just fucking coinbase or something and only Americans.

[Anonymous No.9198536]

>>9198513
>ethereum
>decentralized

pick one

[Anonymous No.9198575]

>>9198536
Are you retarded.

[Anonymous No.9198721]

>>9198575
yes

[Anonymous No.9198737]

I hate sharts.

[Anonymous No.9198803]

>>9198425
>Are idiots that stupid

Yes.
China was never gonna do shit anyway. Also the crash in February was because of some fud having to so with the SEC and cryptos. People really are that dumb you just have to play the game

[Anonymous No.9198821]

>>9198536
What?

[Anonymous No.9198835]

>>9194205
SEC has already said everything they see is a security

[Anonymous No.9198836]

>>9198803
So its likely just another opportunity for govt to buy in. china and korea have had their turns, now its the sharts turn again.

[Anonymous No.9198840]

>>9194207

It won't and they actually can't even if they wanted to. Make it less convenient to trade in US, maybe, but cannot stop.

[Anonymous No.9198854]

>>9198836
yes thats what we've been implying throughout the thread

[Anonymous No.9198880]

I'm actually writing a presentation in my finance class on this article. I'm trying to figure out how to write the most simple explanation of a blockchain possible but I can't do it. I understand what is it but I don't know how to put it in super baby terms

Can anyone help me?

[Anonymous No.9198888]

>>9198425
>classifying anything as a security.

All this would do would make decentralized exchanges more popular. like this one you can literally down load a wallet that loads the exchange,

https://coinmarketcap.com/exchanges/cryptobridge/

[Anonymous No.9198920]

>>9198888
nice quads

[Anonymous No.9199106]

>>9198880
In my experience in trying to explain this stuff, you can skip explaining blockchain altogether.
They don't really need to know about proof-of-work, mining transactions, and all that.

I basically just explain it to normies as a "ledger" that every "node" has a copy of (I actually don't say "node", I say "every computer running bitcoin software")

When explaining it, I say that basically all it contains is stuff like:
A pays B 10 coins [A's signature]
B pays C 5 coins [B's signature]
A pays D 3 coins [A's signature]
C pays E 5 coins [C's signature]
etc.

I just explain that A has a public address, and a corresponding private key for that address. And you can spend the money on a public address by using the private key to "sign a transaction". And the signature can be verified as the address' owner using math.

They never question it.
The most common question is "can the signature be faked", then I try to do a layman's explanation of asymmetric encryption.

[Anonymous No.9199177]

>>9199106
Thank you but I should have mentioned that this is a verbal presentation and there's no way I can explain all that since blockchain is just a one term that I want to quickly define...but am having trouble doing so

[Anonymous No.9199235]

>>9195521
https://www.sec.gov/news/testimony/testimony-virtual-currencies-oversight-role-us-securities-and-exchange-commission
>The statement I issued in December that was directed to Main Street investors and market professionals provided additional insight into how practitioners should view ICOs in the context of our federal securities laws. Certain market professionals have attempted to highlight the utility or voucher-like characteristics of their proposed ICOs in an effort to claim that their proposed tokens or coins are not securities. Many of these assertions that the federal securities laws do not apply to a particular ICO appear to elevate form over substance. The rise of these form-based arguments is a disturbing trend that deprives investors of mandatory protections that clearly are required as a result of the structure of the transaction. Merely calling a token a "utility" token or structuring it to provide some utility does not prevent the token from being a security.[15] Tokens and offerings that incorporate features and marketing efforts that emphasize the potential for profits based on the entrepreneurial or managerial efforts of others continue to contain the hallmarks of a security under U.S. law. It is especially troubling when the promoters of these offerings emphasize the secondary market trading potential of these tokens, i.e., the ability to sell them on an exchange at a profit. In short, prospective purchasers are being sold on the potential for tokens to increase in value – with the ability to lock in those increases by reselling the tokens on a secondary market – or to otherwise profit from the tokens based on the efforts of others. These are key hallmarks of a security and a securities offering.

The moonboys were just focusing on what the CFTC said.

[Anonymous No.9199262]

>>9195869
Too many words just to say this got you a crypto boner

[Anonymous No.9199494]

>>9194304
lol this

[Anonymous No.9199727]

>>9198880
A ledger of account stored around the world in multiple copies.

[Anonymous No.9199731]

>>9198880
merkel chain
distributed ledger

[Anonymous No.9200372]

fk it

[Anonymous No.9201502]

>>9196240
This. Fear, UNCERTAINTY and doubt

[Anonymous No.9202130]

>>9198888
whoa...just stop

[Anonymous No.9202552]

So should we sell for bitcoin? Tether????

[Anonymous No.9202811]

>>9194174
>howdie neighbor, have shitstake and a beer
another pathetic murikans attempt to retain their importance

[Anonymous No.9203488]

Bump

[Anonymous No.9203502]

Good thing I sold my ETH and bought XVG when it was 2 satoshis.

[Anonymous No.9203526]

Nice bit of FUD. The bounce back should send us to $900+ if all these FUDers would put some shorts on.

[Anonymous No.9203646]

Trips says this is unwarranted FUD.

[Anonymous No.9203888]

>>9194190
>>9194174


Fuck Amerimutt niggers commies