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Even if he truly believes it is a scam why is he posting so much? He makes up 90% of the posts in the thread and half of those are just copies of the same message. He obviously has no life.
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I have been following Moolah.io, and although they are on shaky legal ground, I don't think they have actually gotten in trouble with the SEC yet. I did another Google search today and could not find any reference to SEC fines or charges. They did need to register with FINRA (another US regulatory agency) as a money transmitter (or something similar) because their site acts as a money exchange, but that is not related to their cryptostock/altcoin offering.
I think the recent SEC fines you are talking about were for Erik T. Voorhees, who did a cryptostock IPO selling "shares" in SatoshiDice and FeedZeBirds sites. According to Wikipedia he is an American citizen and files American taxes, even though he lives outside of the USA, so that is why the SEC was able to have authority over him.
I can't remember where I read about it but it was an article from a reputable source and it stated specifically that anyone selling "securities" to anyone in the US (irrespective of where they were based themselves) had to register. Moolah.io have admitted that they should have gotten registered earlier and are now in the process of doing so - the guy that runs it said so himself. |
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Some idiot is still voting for this on Mintpal. Some people don't have brains. When has a voted coin that had low volume ever benefited from being added to MP? Never - all it does is kill any chance the coin has to survive or succeed.
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the problem right now is there is still too much market manipulation. Sell orders of 30 BRIT for way less then the current price, people dont check orders, they see a number and enter less. Until the exchanges can remove these orders it cant be helped
Well it can be helped. People have to take responsibility for their own actions. I never just blindly enter a number - if people do then they deserve to lose their money. |
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Rhino Coin is in Canada so I am not sure they are doing anything wrong. It is more of a warning to people in the USA that it is risky to try something like this.
Actually Moolah.io is in the UK and got into trouble for not filing with the SEC. They have funny rules that mean that if you have customers/shareholders etc in the US then you must follow US laws and be registered with them. Last month I think it was a different UK company was finded $50,000 because of these rules. Rhinocoin is not immune and since it is a physical recording studio, with real bands etc it makes it a lot easier for the SEC/FTC to pursue them and they like to go for the easy targets. |
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That's a good article. Maybe if the Rhinocoin guys bother to read it they'll get an inkling of what kind of trouble they might get into. |
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The people that got rich from BTC had to hold onto it for 4 years when it was virtually worthless and couldn't be traded. Now these noobs come on and expect that they can get rich from a coin after holding it for 2 days. There should be some way of preventing these morons from buying anything (to protect them from themselves). If some genius could devise a means of doing it cryptocurrencies would advance a lot faster. The funniest thing is they keep complaining about the price and then selling at ever cheaper prices on a race down to zero. Seriously who pointed a gun at your head to sell? LMFAO.
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GBC won the vote at COMKORT. Should be added soon (I think they've been changing their API so taking longer than usual.) https://comkort.com/ |
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Guys you're seeing things all wrong. The FUD meisters are actually helping us. I used the opportunity to buy lots of cheap URO.
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Same here, wish I had money to buy more.. Right now I'm not even on the top 10 richlist lol
I will set aside 25K coins. If you can make this a success I will send them to you. Indeed it might be an idea to make a donation vault for yourself and the rest of the team held in ESCROW - would help to build confidence and would give doubters the idea that there's more incentive for you to make this a success. |
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Agreed, the coin is still incredibly undervalued in my opinion.. Now is a good time to buy. I think the dip is a great opportunity for those that missed out on the POW phase. Accumulate as much as i can, profit later!  I used the opportunity to buy up 100K BRIT really cheap. I think the low price is great at the moment. More BRIT for me:) |
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I have sent 1000 Britcoin to my bittrex account BHFed99KoQXToMLtHaoAj61RtdomuZZsvP but nothing has arrived in 12 hours. The explorer is saying my address is not on the network. I should not of deleted the britcoin folder  . Have you tried checking with Bittrex? Put a support query in. It should be in the block explorer though unless you typed the address wrong or sent it to the address for another coin (if so it can still sometimes be recovered) - speak to Bittrex either way they are always very helpful. |
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I don't need to read this whole thread, this is an obvious scam from reading the ann post.
Look, if someone asks for money up front for something he promises to provide for the long term future it is a scam. Nobody works for free, even if you pay him a bunch of money up front.
Even if it's not a scam: The fact that they refuse to do even basic research before setting up a business (such as paying a little bit of money to consult with a lawyer first) is a massive red flag and shows complete incompetence. It takes more to set up a business than just having an idea. Also no matter how you try to squirm away and pretend otherwise, attaching a cryptocurrency to a business does not make the business go away, by somehow hiding it under a cryptocurrency umbrella. You still have to follow the rules any other business would have to. If you are giving dividends for what are in effect shares in your company and some of those could be bought or earned by US citizens you must be registered with and abide by all US laws in regard to that. FACT. |
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Yes. I tried to explain it to you but you don't understand. It doesn't matter what you think. UK companies have had to pay fines to the FTC for doing less than what you are doing and the UK is not part of the USA either (ask Moolah.io). These are also companies that did not do any business directly in the US. Don't give me crap that Canada is some kind of free country. It is even weaker than the UK and get's fucked up the rear end by the Americans even more. I've explained the situation. This cannot work. Screw you guys. I'm going home:)
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As this is a Brit coin. Can you rename staking to Benefits?
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Off-topic but this tweet is so funny I had to share it. Also it is kind of football/UK centric. A genuine LOL. https://t.co/XGqRZjiGWj |
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I think that it's a bit optimistic to think Harry Enfield would do that. Also would it in any way be relevant now? Nobody would even know who he is and the whole point about it was that it was a critique of 1980s culture and new money (and not in a good way). It would be more useful to find someone who is representative of modern British culture. |
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wow,interesting idea.
Sadly it can't work without FTC approval, unless that is some method can be found to exclude all US investors. That's the problem with combining a business/crypto/shares etc. into one. It is no longer just a cryptocurrency and the regulators get involved. Unfortunately the people behind this don't seem to understand that. So whilst this is a good idea it is likely to collapse at some point. I'm sure people will come on and now say that it is FUD but that doesn't change the facts. I would therefore be best to get a US lawyer who deals in such things to just look over the proposals first. If they OK it then no problems and a good idea. |
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Some knob has deliberately positioned a 124K sale at 300 sats below everybody else on Bittrex to hold the price down. Great opportunity to buy cheap for someone who has a bitcoin or so to spend.
Someone tried to buy it and surprise, surprise, it disappeared. How could that happen? |
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Some knob has deliberately positioned a 124K sale at 300 sats below everybody else on Bittrex to hold the price down. Great opportunity to buy cheap for someone who has a bitcoin or so to spend.
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