Ready for the alts moon? Only the right alts tho
SEC declares utility tokens different from securitiy tokens
Matthew Thompson
Brayden Garcia
>Right alts
>Right alt
>Literally an anagram for alt right
WAKE UP SHEEPLE, CRYPTOCURRENCY IS A NAZI PROJECT
Charles Scott
This literally means that only tokens not available anywhere except the website, Probably Valueless tokens.
we're all fucked user.
Justin Lee
However this kindof relates to exchange tokens...
This whole bull shit fiasco only matters to burgers anyway, just let your debt fueled economy die already.
Liam Cooper
Burger here. If it matters to us, it matters to you. Cut out a huge part of the market and prices will drop. I'm sorry your shithole country relies on our massive economy.
David Russell
It's not just the retail investors, SEC approval also means an influx of institutional investors
Justin Walker
GNT GNT GNT here we go on coinbase
Daniel Price
>based Hitler dubs
We know. I'm a Nazi though so that's why I'm in cryptos (although that's a slur, like "Pinko", we prefer National Socialist thanks).
Anyway, buy Chainlink. We're going to hook it up to DNA sensors that can detect Jewish ancestry, and control swarms of miniature, dust sized and basically undetectable hunter-killer drones to finish what the Fuhrer started. We do it all at once, every country simultaneously and they won't stand a chance. Muslims next. Sergey is going to finally bring us the Fourth Reich we've been waiting for!
Lucas Gonzalez
we survived the end of the pajeets we will survive the end of la creatura
Jack Diaz
Except bans create demand. Did banning coke lower the price or raise it for the US? So if you want any tokens that offer passive income, gonna need to buy it from me at a markup burger.
Ayden Phillips
this
John Fisher
Isn’t Coinbase working on being approved to list securities anyways?
I know it will hurt a bit short term if tokens = securities, but once exchanges get the proper approval from the SEC, what’s the big deal?
Christian Foster
SEC has asked for approval since April, they obviously knew beforehand though and gave the insider info to the market makers
Nothing that happened to this market for the past half a year is organic or random
dowjones.com
cryptoslate.com
Grayson James
Are you an accredited investor? Once that happens, say good bye to the retail market.
Robert Peterson
Thats Bullshit. Not being accredited just means you cant participate in private offerings (like IPOs or ICOs).
Once its listed on a regulated exchange, non accredited investors can buy just like you can buy apple sticks right now.
Dominic Kelly
>non accredited investors can buy just like you can buy apple sticks right now
This is a very important distinction that people much pay attention to and is frequently glossed over or hidden by whaletrolls.
That said, the fact that retail investors are excluded from ICOs is complete bullshit and Russia is doing the same.
Just in case people still thought it was US vs Russia instead of plutocrats everywhere vs everyone else
Isaiah Perez
Its bullshit for sure but its not as doom and gloom as brainlets pretend
Sebastian Wright
>citation_needed
Camden Perez
Absolutely that's why I think your point should be raised more frequently so that newbies see it and don't fall for the massive FUD astroturfing campaign going on right now
Establishment shills are literal cockroaches
Henry Allen
It's how IPOs work you dumbfuck. If you're accredited you can buy whatever the fuck you like, if you're not you have to jump through hoops.
Shills playing dumb to derail conversations are the worst kind of cancer on the face of the internet
Robert Ward
BAT will moon. Check em.
Hunter Turner
IPO != ICO
Your jimmies seem rustled
Ayden Hughes
SEC will treat ICOs like IPOs. They wont let poorfags buy good projects early
Bentley Myers
Then what did the chairman mean when he said, if it had an ICO it’s a security?
Aiden Reed
It means if they gave you a token that doesn't do anything (aka like a digitized stock) it's a security (stock). If it does something (like link and req's functionality or whatever) then it's not a security but a commodity or something
Elijah Williams
Your brain seems rusted
Jack Hall
Grayson Cox
I think utility token is the term you’re looking for you dumbfuck
Jacob Carter
>its a utility if its a utility token
>no wait if its a utility token but its listed on exchanges then it's a security
>no wait its actually a spectrum. a howey test spectrum. it's a spectrum now.
the absolute state of these boomers.
Jayden Morales
Buy MORPH thank me would, SEC compliant check YouTube
Luis Long
APPLE is also a security. That doesnt mean you cant buy APPLE.
It just means you cant buy it before public listing aka in IPO or ICO
Michael Cooper
Are retail investors who bought “APPLE” before these rules were established grandfathered in, so to speak?
Logan Jones
I've already used the word utility token multiple times you absolute retard, I was referring to the stock market analogue
Christian Fisher
link is a shitcoin and will never moon compared to other shitcoins. linkies will be butthurt forever
Alexander Morgan
They better, if the SEC doesnt want crypto to collapse completely
Caleb Howard
tl;dr
>if you're buying a token for an already existing platform, and you yourself will be using the token on that platform, it's probably not a security
BAT is literally the only coin that fills this description. The violent moon when dozens of coins are declared as securities, and BAT is added to coinbase, will be fucking legendary. You have to be braindead to not throw at least 5% of your portfolio into BAT just as a moonshot. I don't even use the shit browser, I'm just not a brainlet.
Henry Hernandez
Justin Cruz
Browser isn't shit at all bro it works great on mobile for me
Noah Hughes
i was talking about the desktop version, and i mean shit in the sense that there's no purpose in using it over the other well-established tried and true browsers that i know have all my extensions, bookmarks, etc.
i don't really use mobile browsers because if i'm using a browser on my phone it's to look up one thing for about 30 seconds, anyone spending long periods of time on a mobile browser is probably rather pajeetish.
Aaron Jenkins
I mean a handful of financially elite people would contribute way more to a tokens value during or post-ICO than a bunch of middle class crypto enthusiasts wouldn't you agree?
Why wouldn't they throw thousands of middle class people under the bus in favor of one or two investment bankers with a combined net worth > all of those middle class people.
Not trying to spread FUD. In fact, I hope some user is well versed enough in these topics to debunk this.
Josiah Robinson
Cool, so non-Jews can get dumped on. Gotcha, nothing scammy there at all.
Angel Foster
>checked
No, that about sums it up. In that chart of yours, see that 1%? Know what percentage are Jews?
Hudson Jones
Yes US-mongrels will have to be rich to participate in ICOs. But that doesn't mean ICOs or crypto will die like faggots seem to think.
Levi Brooks
god damn I hate the US
The rich get richer, everybody else can just die for all these faggots care
I suggest we all take the same mentality to them
Charles Allen
The only silver lining I can imagine is a case where a coin is hyped, has an ICO and then stagnates or dumps post-ICO.
This is actually kind of common right now due to early investors taking out their initial, not knowing enough about the project, having weak hands etc..
In a situation like this, a basket-weaving forum like Jow Forums will actually be useful just because of the shards of golden information you can find hiding in between all of the endless shitposts.
Who knows how institutional money will behave though.
Parker Clark
>Cut out a huge part of the market and prices will drop
Ah how much more people pay for the illicit.
Brandon Myers
exactly. start the Miami vice music while this user and I start driving speed boats of crypto into florida, wearing pastel suits, driving lambos and hanging out with bikini blondes with big hair
Aiden Hall
What is a crypto has its own blockchain, is also its own messaging system, is also traded on an exchange, pays dividents but also acts as an exchange medium for an AI intelligent personal organiser services and a hyperfast interface to other blockchains?
what then?
Colton Wright
this, stupid bitchis talking about some porn/gaming platfrom tokens which are not even crypto
as long as you can make money by selling higher it's muh security and it's illegal and you're going to jail because only accredited investors from wallstreet can sell higher, us plebs can only buy at ATH
Jaxson Kelly
This is from yesterday. We saw this already. Nothing has changed