This will be a top 40 coin eo2019

This will be a top 40 coin eo2019
Its so plain to see
Why do you hate money

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I know buddy, I know

The sec will deem the managers tokens unregistered securities. The price will plummet.

its shit no one needs it.

Yeah it already passes the howie
Next fud attempt pls sirs

Gr8 b8 m8

You say the same thing every GVT thread, really makes you think

Please show me where the “managers token” passes the howey test. I’ll wait fucktard.... pro tip you can’t.

And just because some lawyers employed by gvt say that the gvt token passes the howey test, it doesn’t mean shit, the sec can still say it’s an unregistered security.

So listen here jackass, the sec could literally deem anything a security, eat shit and die

This is actually my only concern about this token. I sold half of my stack a while back for link. Still holding some will probably buy a bit more and hope for a moonshot before the SEC shits on it. BTW correct me if I'm wrong but it was'nt it the gvt token itself that supposedly passed the howey test, not the manager tokens?

Gvt is literally the easiest fucking token to deem a unregistered security.

The managers token is 100% an unregistered security. Think for a second, why does gvt claim the gvt token passes the howey test but doesn’t say the managers tokens pass the test. Because they don’t you fucktard.

Not one single major broker with ties to USA will touch this shit.

According to gvts legal team the gvt token passes the howey test

The managers tokens is an unregistered security.

Thought so. And I agree with you. This is the type of shit that normies and reddit fags will eat up though. Especially with the low supply. Is it unreasonable to think that these factors alone will result in price increase to the point where I can break even and sell? (around $24 - Yes I'm retarded for buying at that price)

It wouldn't surprise me if it was around that price by launch in October m8, but I think it can go a lot further than $24 over the next year or so if all runs smoothly with the platform

U should get your money back in oct

Have you used genesis markets? It’s complete shit and complicated. No normies will ever give up binance for that shit. Also, why the fuck did the gv team use metatrader 5 when all the forex guys hate 5 and still use 4.

Gvt has a good future, I sold all my gvt. I’m not gonna have thousands of my money sitting in something WILL eventually get fucked with by the sec. it’s a question of when. Like I said, I don’t see any big brokerage using it due to the whole unregistered security issue.

So then what do you have your money in because the SEC could fuck the entirety of crypto if they wanted.

No they can’t. The howey test is the ONLY way something can be ruled a security per a Supreme Court ruling. The sec can call anything a security, after litigation the court will tell the sec they are full of shit and x token passes the howey test thus is not a security

The gvt traders token will NEVER pass the howey test.

I am failing to see how being an asset manager is a security. What’s the difference between giving someone money to manage and giving someone money to manage that runs on a smart contract so you can publicly view trades?

The token is similar to buying a piece of company stock. You are expecting a return based on the performance of the said company. In this situation, the company would be the manager. I can’t sell my company stock to the public without first seeking approval of the sec.

So without the arbitrary manager token this would be completely legal...

Yes yes, no buy this user. We not want you be a rich boy.

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Without the managers token the idea doesn’t really work how they want it to.

Yeah I like the idea with the manager tokens included. Maybe they’ll just register with the SEC if it comes down to it

But what would they register? Every single managers personal token aka their personal crypto currency?

Good point. So does this mean my soul is an unregistered security? My company bought it with an expectation of profit on my behalf.

Nice quality FUD


Both Acts state that in order that it can be considered a security it has to be traded on some kind of public exchange or trading board etc. The manager tokens never leave the the platform itself

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Hahahaha your kidding right? Genesis vision is an exchange. I can exchange my gvt tokens for 100s of different managers tokens when genesis vision goes live.

Yes but they can't be entered into a national securities exchange can they you mongoloid