>tfw both ARK and SKY had an ICO
why does the government have to fuck up literally everything ever made ever
every project with the exception of a few (BTC, LTC, XRP, NANO, etc;) has to start over likely under an entirely new alias. this could be a second chance for people who missed out on moon missions since 90% of crypto is now likely fucked
XRP, NANO is premined so it's Security
NXS ok
could how these tokens are considered securities or not change based upon how the SEC rules them? maybe what was fine before would need to be de-listed in the future.
Bittrex is in Washington State. Washington State had these types of rules years ago. That's why Poloniex and Kraken can't do business there.
" regarding Bittrex’s token review process:
Our compliance review requires the applicant to provide a legal memorandum that presents the factual and legal basis for, among other things, its conclusion that the token is not a security under applicable securities laws. "
but let's say it does change. Doesn't really matter. You can trade overseas, on DEXs and Coinbase is becoming a security firm.
coindesk.com
On top of that, if a coin becomes a security then security exchanges ALL over the US can sell them.
I feel like that sec guy was just talking tough to negotiate. Is he mad man enough to bankrupt millions of people?
But only to accredited investors. Pricing out neets who haven't made it yet.
if security exchanges all over the US can start trading them, wouldn't that be a good thing for these coins/tokens? it would mean that average joe can't buy in but that doesn't necessarily mean the price will tank
>tenx isnt a security
lol bittrex has no idea whats a security
Do you need to be an accredited investor to buy stocks ?
I think NON security exchanges can only sell to accredited investors.
They don't need to know.
Their lawyers do. Washington State watches crypto like a hawk.
>if security exchanges all over the US can start trading them, wouldn't that be a good thing for these coins/tokens?
Well what do you think would happen to these coins if pension funds, IRAs and 401ks could buy into them ? What would happen if Charles Scwabb could sell cryptos because they are securities.
but this mean your average guy can't buy or sell, is that correct? even if these big investors did come in and drove the price up, would i even be able to sell what i have normally? also, these big investors could drive the price down as they short the market as well
people have been saying this shit will moon for a year now. truth is you're desperate fucks who've been holding onto one of the worst performing alts of the past 6 months. your in denial if you think ark v2 will give you anything other than a 10% pump followed by a subsequent harder dump, just like everything else they've released. face it arktards, even though it appears like a solid project, this one just ain't a money maker.
Give me the run down on what is happening I've been a bit out of the loop
Not everyone lives in Burgerland. I love the hybris again. Burgerland is fucked so the rest of the world must ne fucked too. Land of the free my ass. Big brother even needs to hold your hand to trade.
Fuck off burgers your hegemony is ending
Still easy 30 bucks eoy. Tell me I‘m wrong. You can’t.
>be American
>get JEWED
Damn feels good to be eurocuck
Ur wrong. Its 100 bux eoy at least.
they aren't fucking tokens!!!!!
being a token is what makes something a security, not having an ico!
both ark and sky are CRYPTO CURRENCIES
not "tokens" Which are securities created predominantly to scam retards that can't tell the difference
this. he said currencies were not securities. he said "tokenised assets promising a return" so go back and look at the ark ico and see if it meets that criteria. surely one of you faggots bought in the ico right?
Ark promises ark
Sky promises skyhours
>People have been saying 'stop postin this user' for a while now, truth is your a desperate fuck who's been holding onto shitcoins whilst Ark makes actual tech advancements. Now the time is here where Ark will have a useable product and your rushing to accumulate. Face it Lispy your network implodes at will and Max is a dogs name not a world leading company figurehead.
Do the right thing user whatisarkcom
Inflation payout via delegated PoS is not the same as dividends you unctuous cretin
Ico = security. Period.