Not buying the only ERC20 token that will have an operating NET PROFIT in Q1 2019

ShipChain, a blockchain logistics and transport company that is having an Initial Coin Offering, has just received a cease and desist order from the Securities Commissioner of South Carolina. A document on the South Carolina Attorney General site has ordered the company to cease all of its activities in American soil.

This is part of an operation created by the North American Securities Administrators Association (NASAA) announced just yesterday called Operation Cryptosweep. The order states that ShipChain has targeted American users and has an address in Delaware. The problems come from the fact that the ICO that was being held by the company was not legal under the US legislation.

According to the document, the company did not contact any kind of broker and did not ask for registration or for the buyers to be accredited investors before they buy assets (tokens) from the company.

The Administrative Order to Cease and Desist
ShipChain was permanently barred from participating in any aspect of the securities industry in the North Carolina state and all the affiliates and employees of the company received a cease and desist order.

It definitely is high risk. But once this takes off and you see it go to 10c, 30c, 50c, 80c you'd wish you bought more are 0.6c.
And I'm certain it will take off at some point in time. The only reason this is so low is because they did 0 marketing, 0 exchange efforts but instead they hired many devs and are working behind the scenes with companies to roll out a finished product and then start marketing. By that time will price will already have risen so I suggest chipping in sometime every once in a while and keeping an eye on it.

In 2019 they'll like also introduce a dPoS staking mechanism:
Anyone can run a public validator node, receiving SHIP as payment for performing validation work, but all validators must be elected by a significant voting share from the pool of token holders, and post a fair bond of tokens to be sacrificed if they submit “cheated” blocks — we currently project validator bonds will require about 250,000 SHIP, subject to change

Read further, they actually got in a top lawyer onto their board from day 1 and was actually one of a few companies that got their C&D cancelled:

ShipChain gets South Carolina cease-and-desist vacated
freightwaves.com/news/shipchain-gets-cease-and-desist-vacated

Also check the website and github of the CTO
lwb.co/
This guy is insane, check the portfolio on the website.

So take it or leave it. But I don't plan on shilling this anymore because it will make it harder for me to accumulate into 2019.
Consider this a Christmas gift.

Attached: 1538951917608.jpg (600x764, 59K)

Is this the Martian? Fuck you and fuck this coin

OP

STOP FUCKING POSTING HERE.

THE SEC AND GOD'S COUNTRY, THE BEAUTIFUL STATE OF SOUTH CAROLINA GANG BANGED SHIPCHAIN LAST YEAR AND EARLY THIS YEAR.

NO ONE IS BUYING YOUR BAGS.

Yeah. And I'm sorry for any losses, but it was across the board and I got JUSTed myself (book value) but this project is still legit and this is an incredible chance to double down at historical lows.

There were multiple huge investors that bought in for $2M and more at $0.18. Now you can buy at $0.06

I've been DCAing all year and I suggest anyone do the same.
Now if you're still in INT get the fuck out, I sold for a loss. (Not saying it won't moon in the next run but in hindsight it seems too shady).

No, SC only temporarily JUSTed Shipchain, they got their D&C vacated but the price tanked and never recovered. Good time to get more of it.

>freightwaves.com/news/shipchain-gets-cease-and-desist-vacated
The company came in, provided the information we requested that satisfied our concerns, and the Division vacated the order.”
“We vacated the cease and desist order because good cause was shown,” wrote the South Carolina Attorney General’s office.
The cease and desist order was vacated without prejudice, meaning that no decision has been made about whether the SHIP token is a security or not.
Genesis Mining, a cloud-based cryptocurrency mining platform, also had a cease and desist order vacated by the Securities Division of the South Carolina AG’s office.

Out of dozens of ICOs Shipchain was one of the few that got the C&D vacated. Note: Genesis Mining has hundreds of millions in funds, if not billions. Quite the achievement that Shipchain got out too.

$0.006*

Not buying where the CEO was convicted of blackmailing and threatening people.

Not buying because your business image is ruined

Lol, this ICO dropped right as the crash started and bag holders have been desperate ever since. That legal issue they had didn’t help. Haha, keep shilling those bags user.

Wrong. A psychotic stalker (Richard Gorman) that owns a s small online news portal (the herald or sme shit site) spreads FUD on the CEO and other people since years.
The psychotic fucker attempted to rape his own mother and got convicted for it (with a dozen of other sex crimes)
Proof? Check it:
>kellywarnerlaw.com/alert-richard-andrew-gorman-aka-rich-gorman/
True to his word, it appears that Richard Gorman, the co-founder of Brand.com, Inc., has spent an extraordinary amount of time and effort hatching and executing an elaborate plan for the purpose of destroying Kelly / Warner’s reputation. Mr. Gorman recently emailed Mr. Warner and Mr. Kelly stating that we was going to publish an article about the allegations that have recently appeared on various websites, including USAHerald.com, which some believe to be a fake news site.
>www2.greenvillecounty.org/scjd/PublicIndex/PIImageDisplay.aspx?ctagency=23002&doctype=D&docid=1526652822323-445&HKey=10682897511574828480741225254794849107437243108121109105981131225649864310374785211888108751199810656&AspxAutoDetectCookieSupport=1
Registered sex offender

Who do you want to believe? The CEO or mom-rape-guy?
PLEASE DO YOUR FUCKING RESEARCH BRAINLETS

And you believe this guy?

In 2014, the paternal
grandparents, Richard Gorman
Sr. and Norma Gorman
(Gorman's own parents), filed a
petition for protection from
abuse (PFA) against their son,
Richard Gorman Jr., and the PT
was granted that same day. Th
emergency petition alleged thE
Gorman had sexually assaultec
his mother, that he attempted 1
kill his then wife, Sacha Gorrm
that he was a drug abuser, and
that he attempted to kill his mother
and his father.

>the absolute state

>Yeah. And I'm sorry for any losses, but it was across the board and I got JUSTed myself
Oh my god lmao.
That feel when your shitcoin is SO shit you have to apologise in your own shill threads.
Bravo user

In 2014, Gorman sued John
Monarch for libel and slander
accusing John Monarch of
publishing information related
to Gorman being a registered s
offender.
The case was dismissed.

Next.

>True to his word, it appears that Richard Gorman, the co-founder of Brand.com, Inc., has spent an extraordinary amount of time and effort hatching and executing an elaborate plan for the purpose of destroying Kelly / Warner’s reputation.
This is juicy tbf. Can't wait till cryptomedication gets caught for beastiality.

to be fair everything has tanked, so
all the FUD on CEO is just that, FUD.

lmao fk your shitcoin, Quant Network is a tech company since 2010 and has revenue
>muh my shitcoin is better

>24 Hour Volume
>269
>dollars

>$269
LOKEK

They're focusing on a too broad spectrum. Shipchain has very specific contacts in the industry and years of experience in it. It will make the difference between hit & miss.
So what? Would you rather have $100k volume where 99.5% is wash traded and when you place a sell order the bid immediately tanks and a market order mini crashes the book?
Chip in $50 every week and thank me in 2020
>interview with CRO:
reddit.com/r/shipchain/comments/9sm6zt/official_qa_ask_all_your_questions_here/

You sound like someone that just started following crypto within the past few months or maybe sometime in 2017. These blockchain logistics ERC20 tokens are a fucking dime a dozen. None of these will ever be used for anything. 2017 was a fucking mistake.

and once volume pours in this will moon so fast because price tanked on miniscule volume because all the whales are holding on.

So better get in $1-2k fast. You can do so in 1-2 weeks without rising the price.

lol 2017 may have been a mistake for altcoins but fuck I had a lot of fun

I mined my first bitcoin in 2012 and got interested again in jan 2017.
I know that a majority of ICOs are straight out scams. But I've done so much research on ShipChain and it just stands out with actual accomplishments and code instead of announcements of announcement type of marketing.

You’re still shilling your dead scam? Why even put in the effort?

Ok, so say it isn't a scam. What are the benefits to holding the token? They are making profit, so does it pay dividends? Token burn on the profits? Or was it just a fund raising exit scam?

instead of calling this a scam, why don't you just check the facts, of which I provided many in this thread?

1. token will be used to settle the shipping transactions, they will use Sweetbridge as liquidity aggregator
Sweetbridge
Sweetbridge sponsors the development of blockchain-based economic protocols and applications to
transform high-friction global supply chains into Liquid Value Networks. The Swiss-based non-profit
foundation is gathering interested industry technologists, blockchain projects, and open-source contributors from around the world to form a blockchain alliance. The shared goal is to transform brittle,
industrial-era commerce through decentralized industry ecosystems that create a faster, more fair value
exchange, unleash working capital, better utilize resources, and optimize talent for the benefit of all
participants.

So a partial value of the network will be adoption. When it is adopted there will the thousands of transactions settled on the ShipChain sidechain. So you can do a basic calculation of outstanding tokens/$volume per day minus the tokens held by whales & stakers to arrive for the market value of one token.
This requires big time adoption but I have a long breath. The fact that their main focus is on the dev end and partnering with multiple billion dollar companies gives me confidence.
Partners include: Perdue farms (privately held, $6B valuation, founded 1920), CaseStack (privately held, founded 1999)
2. in 2019 a dPoS staking model will be introduced (250k mininmum staking amount).

Perdue farms is a huge partnership but seems to ambitious and too much of a pipe dream for such a tiny mcap project. I will pass.

I hope it does well though.

And the FOMO will be strong once it gains traction. As of this moment I could moon the price 100% by just hitting the book with $10k.

Instead I'll continue chipping off $50 every once in a while from the bot on IDEX.

And the 1 year long private beta was just concluded this month and it was a success. They'll now do a phase 2 test and Perdue actually brings in revenue for the company so they can continue to operate and hire even more people.
Currently ShipChain has 22 employees most of which are devs.

Thanks I hope so too! Don't miss out, put in an amount that doesnt hurt and wait a 1-2 years, could be a miss but in case it's a hit it'll be a big one.

Also: In may 2018 the price fell from 12c to 2-3c in just a month because of the cease & desist letter from south carolina.
The accusation got dropped in July but the price never recovered, IMO it is therefore strongly undervalued.

>cease & desist letter from south carolina.
why did they get that in the first place?

Best place to buy?

Interview with CRO:
youtube.com/watch?v=QJgM8PI_Plg&feature=youtu.be
Interview with CTO:
youtube.com/watch?v=bASpn0eYr5Q

Just check how down to earth these people are and they've been into the blockchain space since 2011/2012.

"Operation Cryptosweep"
Basically South Carolina baselessly sued every crypto company in its state because they probably smelled money.
nasaa.org/45121/state-and-provincial-securities-regulators-conduct-coordinated-international-crypto-crackdown-2/

Even Binance and Genesis Mining got a letter yet nobody cared. Only Shipchain tanked because it was in the headlines the most.
On HitBTC it's cheaper but I don't trust the place, if you buy on there check that withdrawals are enable before you put money on there.
I've been buying on IDEX mainly.
idex.market/eth/ship

I have a hitBTC account. How much do you recommend i buy? Ready to FOMO in right now

The book looks very illiquid, even more so on HitBTC. So just chip away the lowest bid every hour or two or so.
DO NOT place a market buy as you'll get fucked instantly.
I have no clue about your financial situation so just put in $1k if it doesnt hurt you. Put in $50 if it doesnt hurt you, put in $500 if it doesnt hurt you, you name it.

Also don't FOMO, take your time and buy over the course of a couple days or you will increase the price a lot.

lol did you just FOMO?
Take it flow chap, just place a bid order and wait, there's always somebody dumping some coins from time to time.

ADV is tiny mate. I'm looking to buy 2 btc worth over the next week.

And they will achieve everything;)
Or let's say they already achieved 80%.

Not gonna work that way. 2 BTC will increase the price way too much. for 2 BTC you'll have to buy through IDEX though, as it'll be much easier.

Gonna take 1-2 weeks to put that much in without increasing price dramatically.

>Gonna take 1-2 weeks to put that much in without increasing price dramatically.
Yeah, hence why I said over the next week.

yeah but HitBTC has even less liquidity, so I'd personally buy over IDEX.

I don't have an IDEX account. Happy to just use hitBTC.

IDEX doesn't require and account, only a metamask add-on.
But you're free to usewhatever you want. It's going to take a longer time with HitBTC, the book is absolutely empty.

I don't trust metamask.

Actually you can use all of these options:

Keystore File

Private Key

Software Wallet (MetaMask, Trust Wallet, Toshi, BLUE Wallet, etc.)

Ledger Wallet (recommended)
Purchase a Ledger hardware wallet here

Guys I know I made a lot of posts in this thread and provided a lot of links & material. But it is crucial to do your DD and arrive at your own conclusion instead of following random pajeets on biz hoping for the next moon.
Invest your intellectual capacity in research and you will eventually be rewarded.

>Software Wallet (MetaMask, Trust Wallet, Toshi, BLUE Wallet, etc.)
Not interested in any of that meme shit senpai. I'll just stick to what I know and boot MKT orders into the offer every time I login to shitbtc.

FactR already dominates this market
medium.com/@info_50834/roadlaunch-factr-sign-memorandum-of-understanding-with-one-of-canadas-leading-finance-partners-443d256c075c

Good luck accumulating!
Not saying it's a bad project, but you can clearly see how hype oriented they are. Letters of Intent are 99% horseshit in the end.

Also they claim they can partner with walmart IBM, etc etc.

Did you know CaseStack (partner of Shipchain and currently in ongoing beta phase since half a year) does deliveries for Amazon, Walmart, Target & Duracell?
Did you ever see ShipChain boasting about potential "partnership with Walmart"? No they duck their heads down and work on the product.

Their ICO ends in 38 days, so in that sense ShipChain is far ahead with their finished successful beta tests with multi billion dollar companies.
But I'll look more into it, thanks for the info.

How many SHIP do you have currently?

OP is based and redpilled

Your money is gone for good. I have seen plenty of white trash projects like this. They do no marketing, no exchange listing, and claim to "focus on tech".

The price will slide down in a low volume death crawl. Have fun OP.

Attached: unnamed.jpg (569x500, 48K)

600k
check all the information in this thread and form your own opinion instead of just bashing it because of your feelings.

I would also grab a bag of it if it was on literally any exchange that isn't shitbtc.

Don't like fucking with idex either.

Even Cryptopia is acceptable.

The dude running it literally got sued for fraud and lost right.

Never had a problem with IDEX.
wrong, check

How does it compare to CargoX? Thanks

Trips of truth. OP btfo

Attached: F744D717-E50D-4F7F-A8C5-4057009CAC23.jpg (261x188, 9K)

>67 posts
>OP makes 30 posts

Alright dude, we get it you got some serious bags to move. No one on Jow Forums is buying. SHIP is up there with FLO, HOLO, DERO, and all the other shit coins.

Just give it a rest.

From an investing PoV:
CargoX raised at $0.08 per token and is now at $0.03, thus had a 62.5% decline
ShipChain raised at $0.32 per token and is now at $0.007, thus had a 97.8% decline

CargoX's last github update was on Feb 3 2018
ShipChain's last github update was on Dec 22 2018

ShipChain is looking to create an open permissionless product that everyone can verify, while CargoX is going the private and patent route.
CargoX tweet: "Hi! We currently do not release open source code, but we do have a working app for the CargoX platform. Cheers!"
What's the fucking point in trustlessness if you close source your product? We wouldn't even be able to tell if their product is running blockchain tech at all.

Shipchain has a bigger team that contains mostly devs building the thing, has had successful (and ongoing) test phases with multiple multi billion dollar companies, has industry veterans on board and a radical open source philosophy.

CargoX went the public/marketing route and ShipChain went the NDA/working under the hub route. But ShipChain does release press releases when appropriate and they've recently ramped up marketing because their product is getting there.
So you could argue that CargoX is massively overvalued, or you could also argue that ShipChain is massively undervalued. I'd root for the latter.
I'm not going to make more threads for a while, as already mentioned, consider my shilling a Christmas gift. I'll diligently build up my stack and come back here to educate biz when I have more financial incentive to do so. This thread is counter-intuitive for my personal financial gain right now because it potentially reduces my ability to scope up cheaply but I'm sure everyone will forget in 2 weeks time, and everyone that takes it seriously can consider themselves lucky. That's how I go about it.

The projects dead man. It's not a gift. If,anything you're making this worse, optically.

Oh sweety, did you put $1,000 into a dead shit-coin, mooning it 40%? Enjoy never getting that money back.

ERC-20 ICO scam holders are down 98% to 99.5%.
OP is an malnourished Indian pajeet, fuck you biztards for entertaining this curry filled thread. This OP is fucking terrible at shilling. He didn’t even pick a coin with fundamentals. This coin he shills isn’t even worth the trading fee. Fuck OP and all scammers at there who hide on these boards trying to rob bizlets of their wagecuck salaries.

I on the other hand and here to make society better. Bizlets who listen to me have become incredibly wealthy during this 2018 year of despair.
I called RVN, FACTOM, and WAVES.
Listen to me and you will get rich. FLO is the next 10-20x

Anything they say is accompanied by several bubbles surfacing to the top.
I’m not sure how they can live so far underwater.

If you really want to get rich take 5 minutes of your time.
New readers about Flo should check out the telegram with questions

But first they should STUDY these three articles:

medium.com/@valueprop/florincoin-the-tzero-connection-66697c81c873

medium.com/@valueprop/flo-tzero-and-how-the-dlr-aims-to-disrupt-5bd34634f928

coindesk.com/wyoming-county-moves-to-put-land-records-on-blockchain

Attached: biz.png (1538x312, 720K)

Doesn't the IBM/Stellar/Hyperledger partnership handle shipping?

If I remember correctly Maersk, the largest carrier globally was testing things out.

This is something I would never ever consider buying.

What argument besides "the projects dead man" do you have?
You realize they successfully conlcuded the pilot test with Perdue farms this month? This ship is full steam ahead. The price and volume doesn't reflect their accomplishment. Markets aren't always working efficiently.
No I havent bought yet today
Flo is probably good to make a quick buck off the hype that's building but the constant biz shilling is a bit suspect
no thanks
that's a private permission based blockchain with centralized and permission controls. ShipChain is open source and everyone can participate in later staking nodes.

Prove you called waves

Any faggot claiming it’s dead hasn’t looked at their GitHub. Constant updates.

Coin doesn’t always correlate with company.

That’s like the retards calling ETH dead because the price dropped. Nah. It’s the most actively developed one.

Watch development activity not shills you faggots

Why would a business ever use a public open source solution that relies upon public participation to function, instead of a private but inter-business distributed ledger?

The technology maersk is piloting will be the industry standard. NO company in the world will stand for ponzi niggers affecting their operation.

that’s false and other shipping companies prove it.

google.com/amp/s/www.coindesk.com/ibm-blockchain-maersk-shipping-struggling?amp

open blockchains are the only way

1.The CEO is a nobody who has a crazy stalker who wants to spread FUD on him
2. The CEO gets C&D'd by SEC

Sorry , but even if it isn't his fault betting on this company is like going on a date with a 23 year old girl who has been divorced 2x.

The price of ETH can be fucked even if ETH is decent technology.
The companies that are actively developing need two times the ETH to cover payroll this month from this summer. Including Consensys. The sad thing is that companies would have been smarter to panic dump in the Spring time and bought back in right about now.

Look at how much dumb shit marketing agencies they hired spent on conferences last year alone. With 0 return.

I went to DEVCON. Everyone was flying first class not realizing that their company and every company there would have to puts thousands of ETH on the market to cover its meaningless circle jerk.

Holy shit you posted from mobile on your thread like an asshole

ahahaaha
>There were multiple huge investors that bought in for $2M and more at $0.18.
>Now you can buy at $0.006

Hell. Fucking. No. There were multiple people that got fucked out of 2 mil, you can now buy in and let them exit this garbage of a coin.
Cya ernest.

avoid cryptopia,
is a pajeet shitcoin exchange

Attached: Pajeetopia.png (463x480, 234K)

holy shit martianfaggot is that really you?
lmao you cunt got absolute wrekt I even took screenshots of your retarded predictions. you got some nerve coming here and still shilling this failed project lmao

Attached: How_to_make_it_Q1_2018.png (731x310, 57K)

word
because it's secure, a private one is no different from MySql databse
Please read the thread
no
actually 0.006 lol. Well more for me.
Oh those were the times. Yes it's me. Pls delete

Timelines got shifted, the course is still clear.

plus I'm still up like 100% from my initial investment, although I'm down 95%+ from ATH.

still easier to use than Idex

Your argument that CargoX went public/marketing perspective is untrue though. Most of their partners are under NDAs. GitHub? They have product ready and currently being tested by their partners. They had almost no marketing whatsoever this year. Less down than a ShipChain? Sorry but that is retarded argument..

I am not fanboy of any of these projects, just stating facts. Which if any will succeed who knows

amazing

t. bought $100k at ICO
I still remember you. I still laugh at you sometimes.

>ShipChain, a blockchain logistics and transport company
do you even know how gay and retarded that sounds? youll run out of streetshitters to buy your scam

Holy shit, nice calls you fucking retard. Do yourself a favor and delete this thread then do us a favor and delete yourself.

ALL ERC20s ARE SCAMS. You'd been had just like everyone else with their shitty choice of ICOs.

the sad shit is that this shill-er got into Shipchain
even though it was a private sale . So either they bought someone's bags or they are in VERY DEEP

The guy said he has 600k SHIP. That's not that big of a bag.

Why aren't you buying INT now?