2018 witnessed a significant uptick in the number of initial coin offerings (ICOs) authorized by the United States Securities and Exchange Commission (SEC) to sell securities to large-scale investors, according to financial news channel MarketWatch, Jan. 11. MarketWatch reportedly compiled its data for 2018 by searching the SEC’s Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system for keywords such as “coin,” “ICO,” “token,” “initial coin offering” and “saft.” Their research reportedly found 287 results for evidently ICO-related fundraisings that were accepted by the agency to offer securities under what is known as a Form D exemption. Form D is essentially a short registration form in which a company discloses essential information for prospective investors in its securities issuance. The form is notably much shorter that the lengthy reports that are required ahead of sales of a non-exempt security to U.S. investors. Form Ds can also reportedly be filed post-factum, up to 15 days after the first sale has taken place.
Oh, the article. Im not archiving it, tough shit. I posted all the important stuff anyways.
Robert Allen
Do we know the rationale behind accreditation for investion in thr first place?
Christopher Stewart
Managing stupid goyims risk, youre too dumb and unreliable to invest. In reality its just there to stop you from squirreling away 100$ a month every month and turning it into a large amount you can retire on, or pass to your children, giving them a better life. Its designed to force you into the minimum wage rat race where you always struggle to make your food and rent budgets. It means you can buy crypto, through a broker, so you have to pay him to control everything and you have no power. You cant send your crypto, it totally defeats the purpose of owning it, you cant use it on the platform, nothing. It destroys crypto entirely. So youre paying them 100$ a month to hold 300$ in crypto, the point is that whatever gains you make are erased by the forced and legally mandated asshole who controls your crypto and who you have to pay to do so. Then, when you do decide to sell, you pick up your phone and call him to say "Hey, sell sometime this day, whenever you get around to it" which happens to be at the daily flash crash low, you got fucked again. Its just a series of walls to fuck over goyim, nothing more, nothing less. Less goyish money = less children able to be afforded.
If i understand correctly - cryptocurrency was a divergent currency with no central organization processing it. This new rule will require exempt securities (cryptocoins) to be processed by an approved shekel-counter. Is that about right?
Julian Nelson
Didnt mean to sage that last one, although I dont think it bumps my own thread anyways.
Blake Bell
Fucking sage suck..
Julian Martinez
Sorry user, this stuff confuses the shit out of me. Can you tell me if is correct?
Henry Diaz
That about sums it up. It wont be able to totally crush crypto, only the cucks who follow rules and refuse to use decentralized exchanges or 1 to 1 physical purchases with cash in a mcdonalds. Monero is still totally private, they cant tell how much you have, where, when its sent, who its sent to. Nothing. Americans dont have to pay tax on Monero for example because its not able to be enforced.
Hm okay, let me see if I understand this one… So this guy had an audit. They seized all kinds of cryptocurrency, and 'an unknown amount of Monero'. Why can't they tell how much Monero he had?
Anthony Jones
oops sorry I still don't get why they can't tell how much he had, to be honest
Jonathan Gonzalez
To give a quick rundown, everyone holds the "blockchain" and the client that processes the transactions on their computer if they have a core client, which just means the real bitcoin client made before any exchanges or third party wallets developed to hold peoples currency. So its decentralized, they can shut down 50 people but the blockchain remains on everyones computers, constantly updating, it cant be shut down, it operates on its own without human intervention - or at least it operates by the miners running complex math problems with a sort of trial and error method of finding the specific code to unlock a block, thats my understanding anyways. So the miners are given the new coins, until they reach the limit which is like 24 million bitcoin for example I think, 48m Litecoin, each one is different. At the limit, they get paid in the transaction fees instead of new coins, and those fees will be worth a lot of money. Mining is its own thing, not super relevant, getting off topic. So yea its totally uncontrolled by kikes, has a finite supply - so the earlier you buy the more profit you will make, pretty much forever, or until Bitcoin is replaced by something that can handle 1000 transactions per second instead of only like 50 - which will likely happen eventually. They want to kike all this and replace it with a non-blockchain coin, thats centralized, favors Jewish regulation and does everything it can to accommodate banks. Banks love it, theyre buying it, theyre trading with it. Bitcoin was supposed to do that, but its decentralized so they couldnt have that. Theyre trying to undermine cryptos use case and keep it marginalized with their Jew regulations and the associated Jew regulation coin.
Tyler Jenkins
They would have had his wallet keys on the computer but were unable to get into his account, my guess. Monero has a password on top of the keys, it can be a very long one so as to prevent quantum computers from hacking it.
Samuel Miller
Really dont know why I keep getting saged.
Aiden Rogers
Thank you, my understanding of this was shaky at best. oy vey This seems like huge news. I guess not enough people understand it enough to care.
Gotcha. I guess that makes Monero the most decentralized, unkiked crypto?
Michael Gutierrez
I swear to God the lengths to which some of you guys will go to find a secret Jewish plot is completely ridiculous. This is the kind of shit that made the term "wingnut" come into use. OP IS AN ILLITERATE FAGGOT
From the article:
The entire point of limiting ICOs to accredited investors is to prevent a constant stream of worthless shitcoins being created by scammers to inflate the value via ICO sales and then dump them all. Allowing this would destroy the cryptocurrency market by undermining trust in coins as a whole.
THERE IS NOTHING IN THIS ARTICLE TALKING ABOUT BANNING CRYPTO SALES TO ANYONE BUT JEWS. CONGRESS DOESN'T WANT THEM REGULATED THE S.E.C. DOESN'T REGULATE CRYPTOCOINS OTHERWISE THIS ENTIRE THREAD IS DISINFORMATION
Samuel Collins
Well its ambiguous who is more decentralized than another, they all operate on peoples computers but theres a concept called a "51% attack" where if one person or one combined entity or collaborating force owns 51% of all the coins, they form the consensus on new transactions and can actually "double spend" or effectively create new coins out of thin air, when they send money to an account but dont lose the money from their sending account. They then normally sell all those coins on an exchange and tank the price. So some of these coins have like 1% who own 90% sort of thing, its totally possible a couple of them could get together and fuck the whole network over, even a government could hypothetically do that - to a single coin - if they started buying it all up for billions of dollars. Even still, it could be forked prior to that happening Im sure. So Dash for example has a wallet that owns more than 51%, 1 guy, or exchange, or mining outfit or whatever could fuck the network over today if they desired. The more the currency is held in the hands of a tiny few, the less decentralized it truly is, as the power is centralized in one location. So you need the numbers for that, Monero however is mined by cryptojacking bots, everyones mining it, websites mine it, its all over. Likely very decentralized.
Its fucking nothing. You also just defended the "stupid goyim cant be trusted with their own money" garbage likely knowing full well that MONEY IS SPEECH
I guess Ill explain this a bit for context: Ethereum is the foundation they build decentralized apps on, which are apps that no one controls and cant be shut down by kikes, like a betting platform called Augur. Anyways, all tokens built on top of Ethereum are "ERC20" tokens and can be stored in any ERC20 wallet, which makes it easy to have a wallet with 100 cryptos instead of 1-3. It makes a platform anyone can make a decentralized coin on.
So these new coins being launched are traditionally traded on decentralized exchanges, which is a software program people run on their computer with no oversight from above, in theory - they arent perfect yet. So this guy had a program, he didnt even control it really, that settled peoples trades automatically and independently. The SEC said those ERC20 coins are unregistered securities (and if they were registered you wouldnt be allowed to buy them, goy). Then they made the exchange owner pay 400k, which is getting off light, they could have thrown him in prison and hit him for tens of millions. Thats what the SEC does, the guy saying the SEC doesnt regulate coins is a shill for regulations.
Parker Ramirez
go eat some matzo, i'm trying to learn
Well, this is pretty interesting. I have nothing to add except thanks for the lesson
Jack Turner
Its a subject they teach university classes on and it gets extremely complicated very fast once you get beyond the elaborated basics. If theres people who know nothing, people who have a primer understanding, people who have an intermediate understanding and experts, Im intermediate. The gap from intermediate to expert is like a 90 degree angle on a difficulty chart.
Camden Parker
I believe it, it's a clusterfuck of obscure knowledge. I'm going to read the info here after I get a snack.
Easton Rogers
For the record a security is pretty much another word for stocks, I think bonds are classified too. I never invested in the stock market so I just know because of crypto news. Anyways, theres a "promise of monetary gain" involved. A currency is not a security, none of these should be securities except ironically, Ripple, because they sell the launched coin on their website and hold a significant amount of it (60% of all coins) as a private company. Its effectively their stock, illegally unregistered. Its totally centralized, they have about 20 node holders who are approved and do everything they are told, the nodes confirm or disapprove transactions, or take your money away arbitrarily because youre racist. Thats Ripple.
Joshua Murphy
Like its not even a blockchain, its just a ledger they add information to. Theres no approval really, its just a typical payments processing program except it keeps a bit of a record so they can tax you easier. Mastercard with an anal probe and IRS synergy.
Owen Gutierrez
Or Paypal more appropriately, thats what they want is to turn a decentralized crypto where you control your money into Paypal for cryptocurrency, where racists get banned and only good goyim can use it.
Daniel Brooks
Deflationary assets aren't currency
Brandon Bell
Of course its currency, its currency that appreciates in value which is a good thing. Its not deflationary, theres a limited amount of it. Its just that it increases in value as more people use it.
Nathaniel Ramirez
Crypto is this: Whites buy early, market takes off, were all millionaires on third world and boomer late buyer bucks, we use the money for political causes to save our race. Its important to stopping white genocide and taking back power. The key is for us to get in early and the rest of the shithole world, minus Korea and Japan because they already got in ahead of us, and then the shitskins are paying us when they have to adopt it late because they had no infrastructure.
Caleb Wilson
In other words
Logan Reed
Its an international currency, its like having the world use it as a reserve currency. Of course its good. Thats why the US dollar is so strong in comparison to everyone elses money. Strong currency being a bad thing is a kike trick.
Dominic Cooper
Whenever the Canadian government is struggling and going to shit, they start talking about how awesome a devalued dollar is. Its not, thats a lie.
What makes you think strong and deflationary are the same thing?
Jayden Cooper
The first paragraph under greentext I don't really understand much of, but I appreciate it anyway. Second paragraph I understood most of. Holy shit thank you, that clears things up. Sorry for my ignorance, too much knowledge in the world.
Jack Carter
Let me guess, you also think that protectionist trade policy and tariffs and generally anything National Socialist Germany did is bad too. Whats the deflation for Moishe, usury.
Thomas Jackson
You didn't answer my question
Michael Morris
If you can't touch it it isn't real. It doesn't matter how jewish the people who own it are. You're paying money for fucking nothing. The idea is inherently kiked at its core.
Your question is stupid, the US dollar doesnt deflate if you mean remove money supply.
Luke Myers
PoW coins arguably deflate because they lose money every transaction which goes to people who had to put in a cost to earn it, the electricity cost is the deflation.
Brandon Hernandez
kike women love this movie for some reason.
David Lee
First of all, I'm talking about any crypto with a mining cap. Second, no fiat can be deflationary in reality, so obviously the USD isn't.
Cameron Cox
Stagnate isnt deflate, I was trying to do 7 things at once.
Noah Anderson
So youre saying because it costs a fraction of a cent to send a million dollars that its not a currency, when it will cost you 15% or more to trade currency at an exchange dollar for yen for example. Its a convenience fee, not deflation.
Zachary Bailey
Really its a stupid assertion, Ive got so many ways to attack it Im stumbling over myself to pick one.
Carson Foster
Its private money you can send across borders instantly, its use case is to undercut western union and SWIFT which is the international banking system, it also just cut Iran out for example, locked them out of bank transfers. It has inherent value, its limited in number, its private, you control it instead of a bank. Its like making you a bank, you could hold peoples money for them and pay them interest for putting it in yours, you could loan shark, you could do all sorts of things.
Cameron Baker
It doesn't fucking exist. You're brainwashed. If you spent your money on this foolishness instead of food and bullets and precious metals you're fucking retarded.
Christian Bell
Its open source, which means everyone can see the code, it very much exists.
Charles Morales
On one hand its an interesting thought, that someone like Trump would replace that FED with crypto curreny, but on the other hand its just as shit really, because its not based on material securities, its just another trust based system that could become worthless over night.
Btw its already funding white nationalism, activists are living off it right now. People send it privately, no name attached, nothing. 10 minutes later the people who fight with antifa on the front lines are 1000$ richer and have their travel costs paid. Thats crypto, deal with it. It takes the power away from banks, thats why its most important. Instead of kikes being able to loan, they cant, but you hypothetically could. Not saying thats the advantage, the point is that all the power has been taken from kikes, banking is now in the hands of goyim.
Dominic Robinson
Why aren't you killing jews yet?
Samuel Long
I'm glad it's being utilized for a good purpose. But it's still a kiked idea that can very much fail when the power goes out and you can't get your fucking money.
Isaiah Nguyen
Back to the drawing board, Chatzkel.
Its a global currency, global power is not going out. Its recorded everywhere, youd have to lose literally every computers memory. Even without power, it stays intact.
Really even without the memory, paper wallets survive.
Nicholas Mitchell
The whole banking system is digital anyways, if you think youre getting your cash out of the bank when the power goes out youre retarded
Sebastian Williams
It was bound to happen, sooner or later. You're all just goy, you really didn't think you'd be allowed to own anything without the chosen getting their cut, did you? You're slaves. A percentage of the sweat of your brow belongs to the Jew. And what good is a slave that doesn't work for you?
Fiat money doesn't exist. But you bought guns, food, and bullets with it.
Liam Richardson
Good luck trying to buy some bitcoin without your name attached especially if you aren't in a major city. Then, once you send some bitcoin to anyone who knows your name, they know your wallet and can see who you sent money to.
It's not really anonymous. Supposedly monero is, so far. Bitcoin is not, some places call it pseudoanonymous.
Noah Hughes
For the record, the Supreme Court just upheld an Oregon man's right to call himself an 'Engineer' because the state was in violation of his freedom of speech. Also, money is speech, thanks to the Supreme Court, thus NOBODY CAN RESTRICT YOUR CONSTITUTIONALLY PROTECTED SPEECH Therefore, anybody can be an investor, advidor, banker, and so on, nobody can fine, sue, or jail you for it. Nobody can take your crypto or limit your access to it through unconstitutional regulation beause every action you take is protected speech.
Kayden Walker
MY LOVE FOR HITLER IS REAL Why can't I touch it ?
Hunter Jones
HA but they can't limit it to anybody without violating constitution. Everybody is equal or the whole thing falls apart. Announce an ICO of some shit coin and sue anybody that tries to stop you. Guaranteed win.
Zachary Howard
The only money that's "real" is gold and silver, and that's because it's also a commodity. When you buy and sell with gold and silver, you are really just trading a commodity for a commodity.
Isaac Myers
Good thing bitcoin isn't defined as a security by the SEC and only morons would HODL a shitcoin (i.e. every other crypto). This is just another scam to separate idiots from their money. "Institutional investors" are the biggest idiots around and >90% lose all their money no matter what they invest in. Same for hedge funds. SAGE
Isaiah Wright
Wrong. The 51% attack refers to the current network computational power rather than who holds what coins.
Eh, that is only one relatively minor threat. Once you have 51% of the computational power, you control the vote over what the next block in the chain is. You can then hard fork the entire currency, change the number of coins per block, etc.
Again, it's not about who holds the coins but who has the miners. The answer to who has the miners for the established coins is "the Chinese" (no doubt kikes are involved too). Having 1% own 90% of the coins is a different kind of threat, with analogs in regular finance (e.g. the threat that this individual could crash the market by flooding it beyond its depth).
Monero is very resistant to ASIC mining, and the lead devs poison-pilled the currency by changing their algorithm when an asic miner came out (making it worthless). This was to keep it decentralized. Monero is the most private cryptocurrency. Almost all the rest of the cryptocurrencies are the opposite of private. Imagine if everyone in your country had a copy of a ledger that showed how every currency note you ever received or spent was used and which wallet received it/spent it. That's most cryptos, including bitcoin. Monero is different.
Samuel Nelson
That cap
Yeah, it never worked on me.
Elijah Howard
Ethereum isn't defined as a security by SEC neither archive.is/HsgTj
Ryan Lopez
Crypto is not "destroyed" retards.
Julian Ward
see
Michael Bennett
Good summary. The real problem is that these transactions NEVER go away, and are subject to analysis in the future. Just wait until some online marketplace is compromised (like silkroad, oops) and the feds have bitcoin addresses and names associated with them. They probably know the ownership of 20-50% of wallets, and could lean on these people (I see you like to buy narcotics online. We'd like to know who this particular transaction was with…) to learn most of the rest.
There are very few transactions where you can remain completely anonymous. Cash with FTF transactions is probably the best bet.
Grayson Williams
Seriously though, read how Monero solves these problems. No other cryptocurrency comes close. All cryptos have risk, and probably the biggest risk with Monero is the smaller market cap/market depth vs better known cryptos. Also, hardware wallets haven't quite caught up on Monero support yet.
Hudson Watson
They didn't sieze the crypto, they were able to figure out how much cryptocurrency passed through his platform, but couldn't figure it out for Monero.
Cameron Cruz
Really, bitcoin is the only game if you actually want to use crypto to pay for something. Monero is thinly traded as fuck, which you mention, no where can I pay cash for Monero, which means I'm stuck with a 20% hit round trip on bitcoin, and then whatever gap to convert bitcoin to monero. Probably looking at 30-40% hit getting monero. It's just not worth it, even assuming you can even find something to buy with monero.
Lucas Roberts
Can you by products wholesale with Monero, then start an online retail shop?
William Ross
Shitcoins will be shitcoins.
Kevin Nelson
You will never be able to creating a crypto currency without the investment banks taking all of you for a ride. And here is the thing about investment banks, they only hire the brightest, smartest people. They don't give a shit about finance degrees because they can teach the finance themselves. They hire doctors, engineers, and people of that caliber who have far more knowledge of various sectors of the economy. And here is another thing, they will just invent their own crypto currency right out from underneath your bitcoins and they will find a way to force you into it and then destroy it if need be. You will be destroyed.
And who wants crypto anyway? The government and economy is TRILLIONS in debt. You want to own REAL TANGIBLE ASSETS in an event like this. Once the leverage gets pulled from the economy via rising interest rates you will see assets collapse and the government will try to alleviate the consequences of this by printing dollars. OWN REAL ASSETS like land, gold, silver, bullets, NOT COLLECTIBLES.
Benjamin Ortiz
Does anyone else's heart tell them cryptos are completely irrelevant? I sense they will be used, sure, but it won't actually affect much unless you hold some shitcoin that gets nuked. If they want a cashless society they can do it with or without crypto.
At the end of the day the powerful will always control the money supply and the power will be in the hands of whoever has the most might. Crypto is essentially just digital dollars ffs.
Camden Bailey
lol, they're protecting dumb fucks like you from losing all your money to ponzis
Jayden Cox
They don't control Bitcoin, you everlasting retard.
Brody Thompson
Uh, mostly what you can buy online with crypto is drugs. I really wouldn't think buying wholesale and distributing locally online would be all that wise.
And assuming you could buy something legal with monero, why would you set up a shop just so you could resell what you bought with monero? Further, why would you deal with the 30% or more transaction costs of using monero if what you were selling were legal? I can't think of a scenario where this makes any sense.
Luis Taylor
Keep in mind that BTC isn't fully anonymous either, this means that kikes can calculate your wallet and imprison you.
The only way to circumvent this is to use Monero entirely since it's purely anonymous or to have a private and public BTC wallet.
Ayden Stewart
What other crypto are highly by design anonymous and worth mentioning? As payment tool?
Caleb Howard
It really depends on your goals. If your goal is to create & promote a viable alternative to the current kiked currency then that's one thing, and to that end bitcoin (or other more popular cryptos) would be a good choice. If you want completely untraceable transactions and privacy to the degree that you could launder money, Monero is the only option currently available. In such a context, even a 30-40% hit would be acceptable.
Ideally we could have both a kike-free and private medium of exchange, ala monero (or something equivalent). It's about getting traction. Recall the stories in the early days involving people paying ludicrous amounts of bitcoins for trinkets, and people mocking the trinket sellers for getting worthless bitcoins in exchange for a tangible good. The current problem you described is surmountable, but I definitely agree everyone should be aware of all the risks involved in whatever crypto one chooses to use.
Threadly reminder that my randomly generated GUIDs (or as i like to call them, CHANlink) are gonna be HUUUUUUUUUUUUUUGE! Buy, buy, buy, buy now while you still can. These GUIDs are never gonna be generated again. I'm such a rich man that I can share the wealth, my friends. Here are some pre-ICO GUIDs to HODL!!!!!!!!!!!!!!! until EOY…
Remember, pay your taxes……. these bad boys will be worth at least one bitcoin each when I'm done with them
I don't want the thread to derrail onto whole /biz/ crypto shilling but it's disgusting how 4/biz/ has fallen so hard. The amount of hebraic schemes and behaviours I've seen there were next to none. Porn being spammed everywhere along with constant one liners didn't help at all. Here's the thing, why other coins besides BTC? After what happened with gab and bitchute bitcoin is going to start playing a strong hand fighting against regulation of who can use a service. What other purpose (besides monero) can other tokens serve? Most of what I've seen seemed to be just gimmicks and one liners that don't mean a lot
TBH, it seems like everything related to crypto has insane amounts of fraud and kikery. Even down to shit like hardware wallets requiring multiple ways to prove safe chain of custody from the manufacturer to the vendor to you, in order to prevent recurrence of previous instances where the devices being loaded with hacked, wallet stealing firmware.
Isaac Anderson
trips
Colton Stewart
I don't care. They made it too fucking expensive for normal people to buy in on anything worthwhile, so let it die…
Lucas King
cryptocurrencies are a court-jew invention. They aren't and cannot be decentralized because their consensus in fake due to the global server farms, which, by the way are all funded by jews. Crypto currency is to do away with cash so that you cant spend anonymously. Which is what would be required to wage a war that wasnt coopted.
Kayden Myers
If the power goes out, [italics]all[/italics] currency is fucked. Even if >1% of USD existed in paper form, and even if >50% of it was in the USA, where the fuck are you going to spend it? All stores would be closed/looted, and there'd be no real value to the petro dollar anymore. Sure, it may limp along for a short while, but commodities and toiletries will likely be a much better store of value.
Don't forget the wammins, who, being risk averse, refused to become early adopters, but now cry sexism when guys' investments begin to mature. That actually happened a while ago, so it wouldn't surprise me if they were all jewesses and I just didn't notice at the time.
