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/biz/ - Business & Finance

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9871182 No.9871182 [Reply] [Original]

/SECfred/

The fate of crypto to be discussed at 2-4pm EST.

Listen in:
https://www.sec.gov/investing-america

Are we going to
>pump or,
>dump?

>> No.9871284

>>9871182
This will not have any bearing on the price of BTC. The price is decided by whoever(s) moving the price, not the news.

>> No.9871306

>>9871284
I can pretty much guarantee you we will see a huge pump in less than 4 hours.

>> No.9871354

>>9871306
Let's see. I kind of think we are still going a little down maybe 5.8? And not because of these news
But we can see who's right here.
Kudos if it's you.

>> No.9871394
File: 64 KB, 542x284, B259141E-77B5-4428-B5E4-4843F9E617B9.jpg [View same] [iqdb] [saucenao] [google]
9871394

I am monitoring dis

>> No.9871400

>>9871354
i also think that can happen i still hope for false breakout it would be absolutely perfect i have some money at that level just in case

>> No.9871429

>>9871400
literally all the charts from 1hr up are saying its time for at least a medium bounce at worst, massive pump at best.
rsi, macd, stoch ect ect, they all SCREAM we are about to rise, but I've never seen this much downwards pressure in my life I really dont know what to make of it

>> No.9871475

>>9871429
This
https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1&from=now-3h&to=now

>> No.9871493

Fucking /biz/. BTC dumps for weeks and you only find out its because of SEC meeting the day of that meeting.

>> No.9871786

bump

>>9871493
this. I should have known before...

>> No.9872079

>>9871493
It isn’t. It’s because of a manipulated market. They want a reset on prices before they buy in.

>> No.9872096

spoiler: its a security

F

>> No.9872109

>>9871354
i honestly think we are going to 4k.

>> No.9872129

>>9871429
price are being kept down so THEY can accumulate

>> No.9872161

>>9871182
T minus when does it start amerifat?

>> No.9872167

Coinfools will all be holding exit bags by dinner. Tomorrow the gene pool will be stronger.

>> No.9872218

>>9871493
Fuck you, the newfags have zero comprehension of securities law. I have started threads talkin about the SEC & securities WITH NO REPLIES! the replies i have got in other threads are from arrogant teenagers that are arguing with me but the argument shows ZERO comprehension.
Have fun holding your unregistered securities.
t. was studying securities/law/banking way before 2008

>> No.9872411

>>9871284
Yes but the market makers still need to use news to pretend like their markets follow the news. This is the kind of insider trading Soros does, I've seen it called "forex theater" which sounds about right.

So basically, whales knew that the SEC will give coinbase regulatory approval around this time and pre-planned the whole market accordingly, half a year ago.

>> No.9872518

>>9872218
>>have fun holding unregistered securities
Please explain/ expand on that if you could.
I think I know what you are saying but would like to make sure before I respond.

>> No.9872879

>>9872518
The PoW coins do not need to be registered (generally). All of the coins that had a ICO (yes including ETH) fit into the Howey test, making them securities. The Law was made in '33 so crypto will not be 'grandfathered in'. If the creator of the ICO does not register with the SEC, (https://www.sec.gov/fast-answers/answersregis33htm.html)), The Mutts are trading unregistered securities RIGHT NOW, its just that the SEC has not done anything about it.

>> No.9872966

>>9872879

Why is BTC falling then?

>> No.9872980

this will have no impact

but we will pump due to futures expiry at 3:15 CT

>> No.9872996

>>9872411
>This is the kind of insider trading Soros does
so all the faggots were right to be upset when soros was getting in the game a while back

>> No.9873058

>>9872966
>MUH manipulation
>MUH whales
Truth is I don't know
*best answer* the market is still small, the majority of 'investors' don't have the capital to buy the dip, basically lack of liquidity in the market.
But I don't know desu!

>> No.9873069

This dip is taking longer than expected

>> No.9873080

Price will go down. I expect "that" news. People that are still hodling should hope that it will pump back.

>> No.9873088

>>9873058
the new ppl also want PoW to die..... so not buying PoW coins

>> No.9873134

>>9872879

so what would happen if you own things like ETH how can they stop you from trading?

>> No.9873251

Looks like crypto is near the end of the schedule.

>> No.9873426

>>9872879
That's what I thought you were saying.
And even though I agree with your assertion that ETH and its bastards fall under securities, I don't think they are going to be categorized as such any time soon. At least not before Coinbase gets the clearance and becomes a total monopolist. Then, maybe.
Sec will declare these coins/tokens as securities when all of the interested buddies will be ready to enter this market. They are in right now, no doubt but the real shit is only starting.
Here is my tin hat variety thinking:
When the BTC shits the bed but ETH won't shit the bed as much every time that the crash happens, and also recovers faster than BTC each time, it will, with time (no idea how long) capture bigger and bigger market share. Then the flippening will happen. And then the ETH will be deemed a security.
This is of course just my thinking nothing more than that.
That would be the way to effectively control this market, by controlling the "main" coin.
And then again, I can be completely fucking wrong and have it backwards. Only time will tell.

>> No.9873517

>>9871182
https://www.sec.gov/news/upcoming-events/townhall-061318

>> No.9873523

Hmm, their link to the audio webcast isn't doing anything for me

>> No.9873557

>>9873517
This one works, thanks

>> No.9873869

>>9873134
((((they)))) can't stop you. The exchanges will most likely KYC as they would (most likely) not want the SEC to come after the CEO for trading unregistered securities if he entered the US. I can't remember what the fine is but it is considerable.

>>9873426
Just so you know i did not buy ETH @ ICO b/c i thought it was a security....
>by controlling the "main" coin
this has already happened, the ppl pushing the lighting network on BTC did this. ((((they))) did not need to buy up BTC to control it, just control the dev team...Personally i think the flippining is just speculation in a highly speculative market.

I see the SEC wants to remain in power, controlling crypto (even if its just the ICO ones) is a great way for them to do that. The SEC wanted to control BTC @ one point but the CFTC also wanted to remain relevant & made the case (correctly) that BTC was a commodity as it required Work (part of PoW) making it a commodity.

keep this discussion going, i love debating ppl, it helps me learn. i don't mind being wrong!

Best of luck Anons
going to walk the doggie for a bit = )

>> No.9873928

if (((insider))) trading exists then it looks like a dump

>> No.9873986

>>9873426
https://www.cnbc.com/video/2018/06/06/sec-chairman-on-investing-cryptocurrencies.html

Watch the CHAIRMAN of the SEC say interesting things about ICOs....no time line given

>> No.9874111

>>9873986
The CHAIRMAN of the SEC will literally be saying new things about ICOs in >>9873517 within the hour. Why should we watch last week's FUD when the new FUD is about to begin

>> No.9874199

>>9874111
FUNDRAISING WHEN YOU'RE OFFERING SECURITIES. MUCH OF WHAT I HAVE SEEN IN THE "I CO" SPACE IS A SECURITIES OFFERING. IT IS RAISING MONEY FOR A PROJECT WHERE I GIVE YOU MY MONEY, YOU GIVE ME SOME TYPE OF RIGHT BACK THAT REFLECTS A RETURN ON A PROJECT, THAT'S' SECURITIES OFFERING. I DON'T KNOW HOW MUCH MORE CLEAR I CAN BE ABOUT IT. THERE ARE 2 WAYS TO DO IT, YOU CAN DO A PRIVATE PLACEMENT OR A PUBLIC OFFERING. WE'VE BUILT A 19 TRILLION-DOLLAR


A 19 TRILLION-DOLLAR ECONOMY, AN ECONOMY THAT'S THE ENVY OF THE WORLD EEQUITY CAPITAL MARKETS THAT ARE THE ENVY OF THE WORLD FOLLOWING THOSE RULES, I EXPECT PEOPLE TO FOLLOW THEM. SIR? >> [INAUDIBLE QUESTION FROM AUDIENCE--AWAY

>> No.9874222

>>9874199
Smirks from people on the board while he was saying this too. Not a good sign.

>> No.9874237

>>9871182
"atlanta town hall"

this will decide nothing other than the fate of niggardry in atlanta, fuck off with this idiocy.

>> No.9874300

>>9874237
It's a SEC townhall with a panel segment specifically addressing "Bitcoin & ICOs".

This won't decide anything immediately, and ideally it wont affect nonburgers, but clarification on the SECs position on certain coins (ETH) is definitely worth listening to.

>> No.9874323

>>9871182
Stfu retards they're discussing actual Global market shit not your monopoly money that's going to 0 fast.

>> No.9874358

>>9874300
obviously you're talking out of your ass and are a lazy fuck, the entire thing ended already and they said nothing of significance.

>> No.9874396

>>9874323
>>9874358
A FEW QUESTIONS ON THE DIGITAL SPACE AND CRYPTOS THAT WILL BE LED BY COMMISSIONER STEIN.


keep watching you speedlistiners

>> No.9874402

>>9874358
> The SEC Atlanta Regional Office is hosting a town hall Wednesday, June 13, 2018, from 2-4 p.m.


It's currently 3:10, right in the middle of their presentation.

>> No.9874430

>>9874396
Video just finished, you know how to watch the specific breakoff session on Bitcoin & ICOs?

>> No.9874449

>>9874430
nah trying to fine it now its gonna be gay if they dont cover that shit

>> No.9874524
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9874524

>>9874237
Your reading comprehension and understanding of terminology are both very impressive.

>> No.9874592

>>9874111
it's the last part @ 3pm Georgia time, ICOs are being spoken about. i will be watching

>> No.9874672

>>9874592
Good luck, haven't been able to find a stream for it

>> No.9874679
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9874679

>>9872218
I haven't seen any of these threads. You are using pictures of braphogs to catch attention, right?

>> No.9874725

>>9873869
I agree that the eth will be deemed a security, even though I kind of think it is a stretch (ICO's don't give you any kind of "right" or shares...but that may be my misunderstanding of the subject)
The control of the main coin through the team is not really a control especially if you can't use regulations (theoretically) to make sure that only "accredited investors" can have a piece of the pie.
What I'm getting at here is that the SEC is not merely seeking power and the control just because, SEC doesn't serve small fish aka plebs, they serve the buddies high up so they will make sure that the buddies are the ones who get the biggest piece of the pie in the US.
Now, how this will affect the crypto markets depends on the other governments. I personally think that they will follow suit and all but a couple will try to limit the possibilities of entry for the average Joe Shmoes.

The market so far is so tiny that it may take a while for them to decide that it is worth the trouble, but the money in this market is already real and maybe, just maybe it will happen faster than I think.
If you are right though I think I'll buy in Omni Layer and and their shit, but most importantly will keep my BTC position untouched.

>> No.9874992

This link in the other SEC thread works, too bad it's almost over

>>9874947

>> No.9875072

>>9872879
But the howey has 3 conditions to fill before it's a security, not just 1

>> No.9875101

>>9874679
tfw I want a gf

>> No.9875185

>>9874679
TFW I've fucked two girls in my life this hot and I'm 5'9 and completely average. I don't know how I did it bros, Jesus was watching out for me.

>> No.9875652

>>9874725
>even though I kind of think it is a stretch
check my view of the howey test below
>The control of the main coin through the team is not really a control especially if you can't use regulations.
My statement on the control of the team, is my observation that the lighting network was nothing close to the original idea. The lightning network brings BTC *closer* to the definition of a security, as 'of sole benefit' is with the securities explanation. BCH is the original idea. But the BCH team is supporting a fraud, Dr. Lair Face. I saw he posted some pics of securities books on his twitter recently, *my opinion* Satoshi knew securities law, hence why BTC is PoW, to keep away from the SEC. The CFTC must have been so happy to get some control away from the SEC. DESU i don't think i had heard of the CFTC before BTC...its a gov. power struggle for more funding for their dept.
>I'll buy in Omni Layer
not heard of this one, i will check into, be careful though, the PoW coins are susceptible to 51% attack

>>9875072
it has 4 actually, that link is for the registration of securities... let me explain, quickly...

>It is an investment of money
This is a lose definition, we use promissory notes as 'money'
>There is an expectation of profits from the investment
Check internet forums, ppl expect a profit from form the purchase
>The investment of money is in a common enterprise
its a project with a stated goal
>Any profit comes from the efforts of a promoter or third party
thats us the speculators

See all words are colorable. The US does not torture ppl, it uses 'enhanced interrogation'.
Words can & do get changed. The law society has their own words, its called legalese. These words look like english words but have a different meaning, any law fag that says this does not matter is a ambulance chasing tier.

>> No.9875700

>>9875101
iktf

>> No.9875712

>>9874199
Did noone there point out that most exchanges are not based in the US and that most ICOs already ban Americans?

>> No.9875720

Oh, i will say i think i have seen some ICO register with the SEC, not in a position to say which ones. So its not all ICOs are unregistered securities

>> No.9875764

>>9875720
I know Gab was going through the process.

>> No.9875773

>>9875712
I think its safe to assume ppl know that.
>Did noone there point out that most exchanges are not based in the US
Foreign exchanges CEO *could* get arrested if the exchange enabled the mutts to trade unregistered securities, if he enter the US at least.

>> No.9875937

>>9875773
>entering the US
Why would anyone go to that shithole if they didn't have to?

>> No.9875980

>>9875937
I lived there for 12 years, I could not agree more...NEVER going back

>> No.9876487

>>9875937
>freindly reminder America invented the internet

>> No.9876851

>>9876487
And now most of your population that isn't geriatric are shitskins.

>> No.9876985

>>9876487
>unfriendly reminder America invented bitcoin.

>> No.9877723

>>9876985
>corrective remark we dont know who invented bitcoin