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re: Official CryptoTalk Thread
Posted on 8/19/21 at 11:18 am to dagrippa
Posted on 8/19/21 at 11:18 am to dagrippa
yeah. there is a video out there of Richard talking with lawyers that he should be worried about the FTC because HEX is more like security and will be regulated as one. and that richard will be fined for not following securities law, etc.
thats why boomtown didnt reply to my message because he knows the FUD is a potential reality
thats why boomtown didnt reply to my message because he knows the FUD is a potential reality
4
Posted on 8/19/21 at 11:21 am to rocket31
I'm a boring investor almost all in BTC. I just googled him after seeing his persona and all that came up.
Posted on 8/19/21 at 11:22 am to rocket31
So stupid. You mine and mint your own coins. You don't profit off the work of others. Bitcoin with proof of stake.
You are a foolish individual and I'm officially done here.
You are a foolish individual and I'm officially done here.
Posted on 8/19/21 at 11:22 am to rocket31
quote:
there's also defi regulations that he is strategically skirting by not listing on coinbase and other cefi exchanges
This guy claims to root for crypto….yet says anything not on coinbase or CENTRALIZED exchanges isn’t really crypto.
Tell me sir, do you think Satoshi would be rooting for centralized exchanges like coinbase? That’s why he made BTC right? (You know the answer but you’ll still try to save yourself)
I don’t think you understand why satoshi made btc
Posted on 8/19/21 at 11:27 am to boomtown143
LINK
There are quite a few articles about it. Actually this all makes me interested in learning about it
My first impression of Richard was that he was a kook then maybe a performance artist.
There are quite a few articles about it. Actually this all makes me interested in learning about it
My first impression of Richard was that he was a kook then maybe a performance artist.
This post was edited on 8/19/21 at 11:30 am
Posted on 8/19/21 at 11:29 am to Got Heeem
quote:
You are a foolish individual and I'm officially done here.
i mean, the security / richard fud is all over the internet. its not like im making it up
Posted on 8/19/21 at 11:32 am to boomtown143
quote:
Tell me sir, do you think Satoshi would be rooting for centralized exchanges like coinbase?
no?
and im not saying i agree with the SEC or gensler on what theyre trying to do with defi because i make a lot of money using the chains but that has nothing to do with the point here.
i dont want the sec to get involved in this space just as much as you guys
Posted on 8/19/21 at 11:33 am to Got Heeem
quote:
Also, Richard is leading the charge actually exposing scammers.
This sounds like the guy that was involved with Humbl…
Posted on 8/19/21 at 11:43 am to dagrippa
Same. But I’m ballz dee in HEX now so whatever. You only YOLO once bro.
Posted on 8/19/21 at 11:49 am to Got Heeem
quote:
So stupid. You mine and mint your own coins. You don't profit off the work of others. Bitcoin with proof of stake.
Like I said. He knows nothing about hex or how it works.
This post was edited on 8/19/21 at 11:51 am
Posted on 8/19/21 at 12:06 pm to rocket31
quote:
yeah. there is a video out there of Richard talking with lawyers that he should be worried about the FTC because HEX is more like security and will be regulated as one. and that richard will be fined for not following securities law, etc.
So proof of stake is now a security?
I hope Eth registers as one after EIP1559
Posted on 8/19/21 at 12:09 pm to boomtown143
that's not what I said at all. you're a very weird person
Posted on 8/19/21 at 12:09 pm to boomtown143
I bought a ton of Cardano this morning. Working out so far.
Posted on 8/19/21 at 12:11 pm to rocket31
quote:
that's not what I said at all. you're a very weird person
What makes hex a security? ( I said that bc i know you don’t know anything about how hex works).
This post was edited on 8/19/21 at 12:13 pm
Posted on 8/19/21 at 12:15 pm to boomtown143
according to gensler, if someone is raising money and selling a token and the buyer is anticipating profits that fits into a security classification
not my words btw. that's almost verbatim to what he says
not my words btw. that's almost verbatim to what he says
Posted on 8/19/21 at 12:48 pm to rocket31
quote:
according to gensler, if someone is raising money and selling a token and the buyer is anticipating profits that fits into a security classification not my words btw. that's almost verbatim to what he says
1. Raising money for hex? The project was done, so it was an even exchange. I traded eth for hex. Just like you trade $1 for a pack of gum. (I mean, i’ve made a personal investment in a business. I know there’s no guarantee I’ll make a profit but I anticipate that I will).
2. He’s never made profits for me. So I’m confused by that. Yes, the value of hex itself has gone up a lot (people buying and selling) but no one is working to give me that interest I gain from staking (it’s just like eth will be. Proof of stake)
And if I’m not mistaken, I believe Vitalek did something similar when eth started? And a few others popular coins also. They gave you the chance to swap BTC for eth before it went “live”. By your logic then, Vitalik should pucker up.
https://www.google.com/amp/s/www.thestreet.com/.amp/dictionary/s/security
quote:
What Is a Financial Security? At a basic level, a security is a financial asset or instrument that has value and can be bought, sold, or traded. Some of the most common examples of securities include stocks, bonds, options, mutual fund shares, and ETF shares. Securities have certain tax implications in the United States and are under tight government regulation.
So wouldnt all of crypto be a security?
This post was edited on 8/19/21 at 1:01 pm
Posted on 8/19/21 at 1:02 pm to boomtown143
99% of crypto would be according to gensler. yeah
I am not a fan of what he is doing
btw I'll emphasize again I am not rooting against hexicans. I'm only skeptical of it long term (and I might be wrong on that)
I am not a fan of what he is doing
btw I'll emphasize again I am not rooting against hexicans. I'm only skeptical of it long term (and I might be wrong on that)
This post was edited on 8/19/21 at 1:04 pm
Posted on 8/19/21 at 1:14 pm to boomtown143
Once this pulse airdrop happens, what's to prevent everyone from dumping half their hex to take profits? Why wouldn't we expect the price to crash?
Posted on 8/19/21 at 1:26 pm to boomtown143
quote:You can, that is what we do here. Just saying, its a noticeable difference between the Hexicans and everyone else when it comes to that.
Defensive? That’s the go to now? I guess we can’t call people out that have been WRONG about a product for almost 2 years now
Posted on 8/19/21 at 1:32 pm to boomtown143
quote:Correct, which is why ETH will be classified as a security if the SEC ever really cracks down.
And if I’m not mistaken, I believe Vitalek did something similar when eth started?
Pre-mined projects fall into that category
quote:Also yes, which is why I focus on BTC long term.
So wouldnt all of crypto be a security?
This post was edited on 8/19/21 at 1:33 pm
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