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261  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ☀️ [AIRDROP]☀️ [pre-ICO] Copy Trader Ethereum Dapp: copy expert crypto traders on: October 14, 2017, 02:14:27 PM
Sounds like a great idea. If you can implement it quickly this could be the final nail in the coffin for Iconomi. I have been holding that dog for a long time
262  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources] on: October 14, 2017, 02:11:39 PM
That's interesting. The price of XVG is going down probably heading to around 50 satos. How come? Is something big about to come in the very next days or what?

If you look at the long term chart XVG is cyclical. The price drops and bounces each month. The only question is how big or small will the bounce be
263  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) on: October 14, 2017, 02:09:24 PM
Hey, wondering if someone could help me out: how are the EOS tokens (currently ERC20), going to be transferred to the EOS environment, if that is what EOS is planning? how will they be used within the EOS environment?

If you're not a US resident, you can register with your Ethereum address on their site. You should keep your ERC20 EOS tokens there and once their blockchain is built, you'll get the equivalent official EOS token based on how much you have in the Ethereum address you registered with. If you are a US resident, you'll probably just need to keep your EOS tokens in a separate Ethereum wallet (not in an exchange) and once their platform is complete, they'll probably have a way to import your Ethereum address to get the equivalent tokens on their blockchain.

Thanks for confirming that EOS’ likely issued an illegal security by doing widespread promotion that caused US persons to find a way to invest and bypass their IP address (with a VPN) and “I am not a USA investor” self-appraisal, but note that it’s possible this does not make the EOS Platform tokens securities (rather just the issuer that might end up in legal troubles):

[…]

In short, the SAFT provides investors with the right to fully-functional utility tokens, delivered once the network is created and the tokens are functional. The SAFT is very likely a security, namely an investment contract. Once the tokens have been imbued with utility and are genuinely functional, the SAFT investors’ rights in the SAFT automatically convert into a right to delivery of the tokens. For the now-functional utility tokens, there is a very strong argument that the tokens themselves are not securities.
The same should apply to any ultimate sale of the tokens to retail purchasers, whether by the SAFT investors or by the seller.

So vaporware ICOs are securities. Fully-functional tokens if have sufficient free market factors other than just ongoing developer efforts, are probably not securities.

Moreover, since the tokens are not securities and the SAFT is non-transferrable, the investors do not, merely by purchasing the SAFT, risk being deemed underwriters if they resell their tokens.⁷⁵

⁷⁵ Investors are participants in the distribution of the utility tokens following conversion of the SAFT, but the token is not a security. Though the SAFT is a security, they do not distribute it. The definition of underwriter under the Federal Securities Laws is limited to the participation in a distribution of a security, thus SAFT investors need not fall within the definition or risk exposure associated with being deemed an underwriter. See Securities Act Section 2(a)(11), 15 U.S.C. § 77b(a)(11).

So by this logic, a token which was issued and sold as a security (e.g. pre-functional vaporware ICO), would not necessarily become a non-security when it is sold by investors later when it is fully-functional and has sufficient free market factors other than just ongoing developer efforts, i.e. when the “from ongoing efforts of others” prong of Howey is no longer satisfied. Because the investors could be considered underwriters if they had not held the token for some reason other than to distribute it, which as I had pointed out upthread may require up to a 3 year hold before selling.

The separation of the issuance into a security that has rights for a token (instead of issuing a pre-functional token or promise) and separate issuance of the fully-function token is argued that the investors in the former (e.g. a SAFT) had no intention to distribute a security because the fully-functional token is argued to not be a security because it fails the “from ongoing efforts of others” prong of Howey. Whether the issue of the former security (which can be traded for a fully-functional platform token later) was legal is a separate issue, with for example EOS’ issuance being very suspect of not complying with securities regulations.

Perhaps, if EOS is required to pay back all the money that might hamper development.

However, the following may even implicate the Platform tokens as securities:

Second, a seller might weaken its defense against the fourth Howey prong when the seller significantly over-promises in its sales materials. In such a circumstance, the seller’s efforts to imbue the token with greater utility might still predominate the variety of other market forces acting upon the token’s price. A profit-seeking purchaser might predominantly rely upon the efforts of the seller, even post-functionality, where the seller makes bold promises of developing more sophisticated functionality beyond that present at issuance. Purchasers might rely on those promises and expect to profit from the resulting increase in functionality, thus satisfying Howey’s final prong.

Ah the above might even endanger the EOS Platform tokens as being securities!

You have got to be kidding me. EOS is not even close to being a security. It promises nothing in return and is an open source software that will be released. You sure wasted a lot of words and don't even understand what EOS is.

As far as US buyers using VPN to get around getting EOS tokens, 99% of other ICO's have allowed the same loophole. They gave the same warnings with even stronger language discouraging US buyers
264  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: October 14, 2017, 12:54:40 AM
one year later we back to ICO, just sad

yes, ICN price in BTC approximates the ico price (0.00022)
but in USD it is still more than 10 times the ico price (0.123)
because so many things have happened meanwhile in the market !
It is pity that the actual price in BTC is the same as the ICO price in BTC. It is the same as if I simply hold BTC for one year instead of putting them in ICONOMI.
With higher BTC price means lower ICN/BTC price, that brings, on the one hand, bigger buybacks and vice versa lower interest to ICN, on the other hand, it is for the investor frightened.
My patience is still active, but someday I will lose it, surely when it acts the same.
I agree with you.There is no point in holding any coin longer for profit.Why not hold btc instead if we dont get 2x returns minimum
[/quote

Take all the risk and get nothing in return. Best to stick with the top 30 alt's for a better guarantee of profits
265  Other / Beginners & Help / Re: As a newbie, what would you do now... (Sell profits, or buy more Dips?) on: October 13, 2017, 11:43:57 PM
Buy the dips and hodl. It is very difficult to time or predict the market. The best TA people on Trading View have all been saying "we are in a bear market"
after the China news. Then it broke 4k and they said it will still test the 3600 level. Now we broke 5k and are heading towards 6.

These are the pro's. I can't tell you how much I have lost out on by not holding. I am done trying to sell high and buy low. Now I am just going to hodl
266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Dentacoin [DCN] - NEW Ethereum-based Token for the global Dental Industry on: October 12, 2017, 01:29:17 PM
Jeez Dentacoin ?

This is the beginning of the end for Eth tokens.

Why does this need to be on the blockchain ?
Why does this need transparency ?
Why does this coin need to exist ?

This is ridiculous
267  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [CVC] CIVIC Tokensale Successfully Completed on: October 12, 2017, 01:23:53 PM
I really dont like the Civic app which doesnt have login/sign up button..

anyone agree with me ?
Totally agree to this. What if someone has the control of the phone? They can easily access the APP without proper authentication like login? It's the most basic security feature CVC should not overlooked.

Have to agree with this. This is an issue. So you get robbed and someone takes your wallet and phone and bam..  you have been pwned !
268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: October 12, 2017, 01:20:44 PM
Nothing can go up forever. Dash is having a healthy correction. Not worried at all.

Dash still has some great tech. Fast and cheap transactions is what I care about. Paypal 2 not so much. More people taking Dash as payment is great
269  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves in December! on: October 12, 2017, 01:16:04 PM
These moon posts are getting ridiculous. How about some actual news

Waves is a steady investment and Sasha is a great developer, communicator and marketer. These things will help waves to succeed. The price will only rise if waves comes back into favor
270  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 12, 2017, 01:12:02 PM

This is great news. Once this is completed the wave will ride higher. The positive is that the price seems to have created a nice resistance point here
271  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [Bounty][ICO] Hero Token | The Future of Banking in Southeast Asia on: October 12, 2017, 01:04:45 PM
What happens if you don't make the minimum posts per week ? Do you only lose the stake for the week or are you no longer active in the sig campaign ?

This campaign has gone on so long that I have missed a week. Should I continue to wear Hero or should I quit and join another ?
272  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: October 12, 2017, 12:58:57 PM
blood on the street, a good time to buy cheap ICN Grin

Save your bitcoin and buy it in another month. The price has been on a steady decline for months. What would make you think that you have hit the bottom now ?

Be smart about your investments and buy when the price has turned around instead of continuing to go down
273  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is IOTA's price still down? on: October 12, 2017, 12:55:33 PM
The novelty of it has worn off as well. Tokens can be in trend or out of trend and Iota is out of trend. Buy what's hot and sell what's not
274  Other / Politics & Society / Re: Do you believe in god? on: October 03, 2017, 02:28:51 AM
Yes, I do believe in god. There are a lot of unexplained events and things that even science cant explain of is having difficult times to explain. Scientists got even baffled about how accurate the bible is which is written thousands of years before all that is written started to happen.




No they don't. You are just making shit up. Scientists baffled by what? What is the bible accurate on? What started to happen that the bible predicted? Even if it did, how does that prove god? What if there are other books that predicted even more things, does that mean they are true and the bible is not?

Babies were circumcised on the 8th day when their k factor is the highest in their entire lives. How did they know that ?

How about all the rules regarding clean/unclean foods, mold and isolation. The civil war in the US had more casualties from infections than from wounds because they still didn't comprehend bacteria.

This is just a starter list. Seek and you will find, otherwise you can just continue to suppress the truth.

Quote
The wrath of God is being revealed from heaven against all the godlessness and wickedness of people, who suppress the truth by their wickedness since what may be known about God is plain to them, because God has made it plain to them.

275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: October 03, 2017, 02:16:39 AM
Is the Dash core wallet the only wallet that allows private send ?

I have only used the Jaxx for my dash, could I sweep the addresses into another wallet to enable private send
276  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: October 03, 2017, 02:05:42 AM
no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.

price is not low because people are selling.  price is low because traders are selling/buying.  in low liquidity environments you will see the price continually drop.  it is very normal in a market.  think logically.  if i have 1000 ICN and sell now...i can get say 1050 icn in the next small bump back up...then sell it again...then buy again to get 1100 icn...eventually when the market pumps i'll either be on the icn of the trade or the btc.  either way, i made a lot without having to invest any additional capital. 

everybody, you can try this experiment yourself...in just about any crypto market.  please don't be so naive.

You could have just sold at 5.50 and bought back at 1.50 and saved yourself the hassle. Your bitcoin would have also increased in value 2 x during the slide

It looks like ICN didn't spend any $ advertising at devcon3 https://ethereumfoundation.org/devcon3/

And a new crypto index fund enters the field https://www.coindesk.com/angellist-creator-naval-ravikant-backs-sp-style-cryptocurrency-fund/
https://www.bitwiseinvestments.com/fund
277  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform on: October 03, 2017, 01:56:33 AM
I've been keeping an eye on this coin for quite some time and believe that this is a great project with a solid team and a lot of potential.I haven't invested in it yet, but plan on doing so shortly before DevCon3.

We're actually sponsoring devcon3 infact we are the global sponsor;

https://ethereumfoundation.org/devcon3/

Actually we updated our logo too, but Ethereum Foundation only allow static images, it should look like this



Like it?  Grin

The new Logo is great. Can't wait to watch the conference on Youtube. Funfair will get some serious exposure after flying under the radar for the summer
278  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance: $BNB The Future of Exchanges. on: October 01, 2017, 05:44:51 PM
BNB is good but it is still a centralized exchange.

Bitfinex is doing the same thing allowing you to invest in a centralized exchange

The future of exchanges is DEX like waves or openledger. You can buy obits and share in the profits of openledger. This is an exchange that can't be shut down and is poweredmon the bitshares blockchain
279  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin can replace Ethereum? on: October 01, 2017, 05:21:46 PM
Why in this list there are no waves? It seems to me that the basis of Ethereum, smart contracts and the ability to release their tokens. So I think the main competitor Ethereum waves!

Really ? Do you think Waves can compete with ETH ?

I have held some for quite a while but I really thought it was only going to have a dex and allow token creation. Really didn't think it's smart contract ability would be able to catch up with ETH. They are still on 1 minute blocks and really haven't had a good ICO on it yet
280  Alternate cryptocurrencies / Service Discussion (Altcoins) / Why do alt's use Slack ? on: October 01, 2017, 05:16:27 PM
Slack is like the wild west with scams and phishing attemps

If ETH forked each time I got a push notification stating as much there would be 1000 different chains

There are imposters everywhere

Why do alt's and ICO's continue to use it ?

I am uninstalling the app
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