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9292866 No.9292866 [Reply] [Original]

You thought Mt.Gox was bad? The event that will unfold tomorrow upon SEC announcing ETH as a security will make Mt.Gox fiasco looks like a field day.

>> No.9292877

>>9292866
Yeah except that’s not going to happen dipshit

>> No.9292897
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9292897

>>9292866

>> No.9292939

>>9292877
ETH on their webpage lists itself as a derivative.

A derivative by definition is a financial SECURITY with a value that is reliant upon or derived from an underlying asset or group of assets.

SEC chairman in the past has already considered all ICOs as securities, ETH will be added to the list tomorrow.

>> No.9293020
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9293020

>crashes ethereum with no survivors

https://www.coindesk.com/sec-chief-clayton-every-ico-ive-seen-security/

>> No.9293043

>>9292866
for eth and token holders. PoW holders gonna moon hard from aforementioned panic sellers

>> No.9293045
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9293045

>>9293020
>Every share-issuing startup has been funded in dollars
>Therefore the dollar is a security

>> No.9293078

>>9293045
>assuming TPTB aren't out to crush cryptocurrency

>> No.9293084

so if the sec announces that eth isnt a security tomorrow can we expect a moon?

>> No.9293088

ETH is fuel dumbass. You need Ether to run the network and do tasks. How the fuck is that a security? Is gasoline a security? Do I need to contact my broker to fill up my car.

>> No.9293099

>>9292866

I'm not familiar with burgerland, what is a security there and why would it be the end of ETH if it was annouced to be one?

>> No.9293107

>>9293084
Yes

If not, prepare for yet another 3 of bear market

>> No.9293114

this is a coordinated effort to put in place the new king, bch - if your smart you'll come out ahead

>> No.9293122

>>9293107
months

>> No.9293131

i cant find info of this event on the sec website
what time is it and how can i watch it live?

>> No.9293152

>>9292939
what's the underlying?

>> No.9293171

>>9293088

1. Ethereum was an ICO in BTC, first.
2. Vitalik already say publicly (Twitter) ETH could go one day to Zero.

Technically, it's a security.

>> No.9293186

>>9293131
C-SPAN maybe?

>> No.9293231

>>9292866
Security would be a nonsense classification, not to mention unenforceable on decentralized exchanges.

>> No.9293237

>>9293099

If it’s a security, then crypto exchanges are in trouble. They would have to register with the SEC, since they’d be trading in securities, and would face fines if they didn’t. The ether price would probably fall if exchanges stopped trading in it to avoid breaking securities laws.

If you think this only applies to the USA, you're wrong. There are many countries that follows US jurisdiction.

>> No.9293258

>>9292866
those EOS bags must be heavy :^)

>> No.9293265

>>9292866
Is that why ETH is dumping?

>> No.9293332

>>9293265
no it previously pumped off this news

>> No.9293349

>>9293237

Or just ban US citizen with a massive dump.

>> No.9293913

What time is the sec meeting?

>> No.9294022

>>9293020
>https://www.coindesk.com/sec-chief-clayton-every-ico-ive-seen-security/
https://www.coindesk.com/sec-chief-not-icos-bad/

>> No.9294072

>>9293171
Ethereum classic had the ico

>> No.9294135
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9294135

>>9294072

> Kek

>> No.9294148
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9294148

i still dont understand what eth does

>> No.9294172

>>9293152
anti-semitism and hopes for a white ethnostate

>> No.9294184

>>9294172
you do realize vitalik is a jew, right
his first trip overseas was to israel
this is documented in a video i'm not making shit up. go look it up if you wanna see the truth.

>> No.9294247

>>9294148
taylor r? wtf

>> No.9294409

>>9294148
answer me, you waste time watching her videos?

>> No.9294459

>>9293099
>>9293231
>>9293237
They could never enforce it hence they won't call It a security. What will they do, demand everyone register their eth holdings? Delist from bittrex? You think people will do both? Exchanges give up one of their massive volume coins or people all report their eth holdings? When the government can't enforce something they embrace it like the internet.

Ripple though Is a security. Yearly selling of xrp for funds is a security traded event. Expect the sec to mention ripple.

>> No.9294485

>>9292866
Kys satan.

>> No.9294606
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9294606

>not being all in sub-100m market cap crypto that is patented and SEC-compliant from conception

>> No.9294660

eth will not be classified as a security. screencap this retard.

>> No.9295101

>>9293171
Wrong. People bought the ico with bitcoin, so technically they’re not even investors because technically bitcoin isn’t a currency. How the fuck would the SEC prosecute this case?

>> No.9295109

>>9292866
Do you know what field day means?

>> No.9295121

>>9292866
Lol nah

>> No.9295127

Nothing will happen tomorrow you fucking brainlets.

>> No.9295150
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9295150

>>9292866
Ethereum has stated that their lawyers are extremely confident that ETH will not be classified as a security.

Ethereum is unarguably the most important blockchain technology out right now and labeling it as a security (when the argument for it being a security is a stretch) and locking Americans out of participating in it would be detrimental to the country.

I give it a 1% chance that it gets labeled as a security and shit hitting the fan.

>> No.9295192

It will be announced a commodity, sorry guys. Mainstream media wouldn't of wasted their time with bullish news for it to fuck things up now.

all in ether tomorrow boys

>> No.9295219

>>9295150
>>9295192
you believe what you want to believe

ethereum is a security and eos isn't

>> No.9295255

>>9292877
Excellent argument.

Use your brain. If there was not bad news/issue coming for Eth, we wouldn't be sitting here talking about the SEC, would we?

>> No.9295552
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9295552

A lot of people underestimate the jews.
They are literally destoying thr entire near east to keep their dying petrodollar alive, gassing and killing children in the thousands.
Do you retards seriously believe they have the slightest remorse to destroy cryptocurrency?
Stop being so deluded.