ETH BTFO

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

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."

>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.

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

Attached: 1449126528252.png (619x406, 232K)

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?

fpbp

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

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).

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

Attached: 144356777777.png (800x712, 13K)

ITT: low iq mutts who think they can outsmart jews

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

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

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

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

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 Jow Forums, the same scenario will play out. Make. Some. Fucking. Money,

Attached: Screen Shot 2018-05-01 at 11.41.56 AM.png (2292x554, 148K)

>mutts trying cuck crypto again
good luck faggots.

Being a burger is suffering

and then moon into consensus 2018 and into summer

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

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

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

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

nah, just ICOs, remember that ether was an ICO

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

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

Attached: 39D27920-3E33-46B6-B1C9-FCAE2B318FEB.png (429x417, 319K)

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

>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

Plus they can go back 20 years and collect fines

It will be gone from every regulated exchange first of all

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

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

thanks, good call on both posts

Attached: DDC62B23-3E72-451D-8AF2-843941AEEDA6.jpg (934x961, 210K)

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

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

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

Does this mean tether up later this week then?

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.

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

Feds can fuck off

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

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

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

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

banning ovens

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.

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

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.

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

>america

Most of us dont give a shit retard

Mutts always ruin good things

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.

eth is toast once ven mainnet is live so who cares

yeh i think imma tether up tonight :(

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

That might change on may 7th, though

>Pic related

Attached: 111235321234323.jpg (666x555, 37K)

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.

$200? You pajeet cuck cunt

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

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

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

Attached: 12356765444444.jpg (628x802, 152K)

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

exactly thats why i said im gonna tether up

yes but tether up in the meantime

Yep! I'm ready to buy the dip.

Looks like trons gonna dethrone eth

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

This is bullish for BCH smart contracts

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

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

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

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

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

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

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.

>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?

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

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

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

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.

I meant 2000usd eth.

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.

Attached: Untitled.png (819x80, 8K)

>ethereum
>decentralized

pick one

Are you retarded.

yes

I hate sharts.

>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

What?

Attached: 1524773686034.jpg (227x222, 9K)

SEC has already said everything they see is a security

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

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.

yes thats what we've been implying throughout the thread

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?

>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,

coinmarketcap.com/exchanges/cryptobridge/

Attached: 1522114766394.gif (200x200, 233K)

nice quads

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.