[IOTA] IOTA Speculation

[wizzardTim]

Now that the time window for genesis accounts expires, many people are in hurry to step in!

[50cent_rapper]

I have just sorted topics in this marketplace section (there is 150 pages of trade topics) and only
2 topics to have higher number of views/replies then iota's:

MasterCoin Buyer/Seller Thread Trading Thread for Nxt :: Descendant of Bitcoin
Trading Thread for Nxt :: Descendant of Bitcoin

So iota is very hot 

[yassin54]

I have just sorted topics in this marketplace section (there is 150 pages of trade topics) and only
2 topics to have higher number of views/replies then iota's:

MasterCoin Buyer/Seller Thread Trading Thread for Nxt :: Descendant of Bitcoin
Trading Thread for Nxt :: Descendant of Bitcoin

So iota is very hot 

Nice stat!! 

[Timeline]

BIG Seller 1 sell +10.5 Million IOTAs for 250 BTC non negotiable
ALL SOLD!!

Congratulation!! 

Wow! Over 100k usd buy! 
Iotas flowing into strong hands. 

[_mr_e]

Price upped back to 130:p

[yassin54]

Good night all !! 

[yassin54]

Price upped back to 130:p

Done!!  Good night Bro!! 

[windjc]

BIG Seller 1 sell +10.5 Million IOTAs for 250 BTC non negotiable
ALL SOLD!!

Congratulation!! 

Cool!
It means that the price now is 0.00002362 satoshi per iota.

Congrats both buyer and seller.

[cloudboy]

My 1'365'211 iota has sold for 27 BTC .

[Come-from-Beyond]

This is to confirm a replacement of

Code:

VGIIF9AIYPWADAJDAVPINQJSZXNHEHJUPLDYVQPXIGQBBAYGCKSXLMZKQMOYQLLJDDVPFDQDCFIJXKRSR

with

Code:

ALJTDQUWDQWRHRXPZD9HWRKKWVDYJZRQFBNHEUPLVFYXURSSDRGCDIMEJNZUZ9GWWHOOQXXQGJT9TL9NF

in Iota genesis.

The address contains 1'365'211 iotas.

27 BTC must be transferred to 1GkKbFVub2Hpr9JkcwmuoWtk9jKXjwyUHM and get at least 6 confirmations within the next 24 hours for the replacement to happen.

The owner of NXT-J698-WN8Q-XR8A-92TLD confirmed this replacement by signing

Code:

27 BTC to 1GkKbFVub2Hpr9JkcwmuoWtk9jKXjwyUHM => ALJTDQUWDQWRHRXPZD9HWRKKWVDYJZRQFBNHEUPLVFYXURSSDRGCDIMEJNZUZ9GWWHOOQXXQGJT9TL9NF

and providing

Code:

s7oevkgo8uv30f779b9p0l9nconvrhscn843i6jf0ie1k8tn905vgt339c62a9o4qvhh9a1derfom8d2u103egjkt722128ili6ibttlsrrgejnaviqp3dsm881j9ie75ovld2le7tc108mfd6i95s8i4uq08tg8

token.

Done.

[yassin54]

In light of the impending deadline for Come_From_Beyond's escrow service, i'm lowering my price to just 65 BTC for the whole Genesis account!  It's a sale, boys, get it at this price while you can before we both have to roll the dice on an exchange market rate.

edited!!

[yassin54]

My 1'365'211 iota has sold for 27 BTC .

Done!! 

Congratulations!! 

[superresistant]

 
I have no idea what am I gonna do with all that money.
I'm not a materialistic nor a consumerist person.
Maybe a trip, I always wanted to travel.

You guys should think about it before getting too much money that fast.

[50cent_rapper]

I have no idea what am I gonna do with all that money.
I'm not a materialistic nor a consumerist person.
Maybe a trip, I always wanted to travel.

You guys should think about it before getting too much money that fast.

Become a VC, fund startups which build on iota ecosystem 

[superresistant]

I have no idea what am I gonna do with all that money.
I'm not a materialistic nor a consumerist person.
Maybe a trip, I always wanted to travel.
You guys should think about it before getting too much money that fast.

Become a VC, fund startups which build on iota ecosystem 

You need at least 1 millions USD on a American Bank account to become a VC.
Bitcoins doesn't count. I asked VCs about it.

I can only keep investing in BTC for cryptocurrency world projects until the day cryptocurrency become the new standard...

[iotatoken]

I have no idea what am I gonna do with all that money.
I'm not a materialistic nor a consumerist person.
Maybe a trip, I always wanted to travel.
You guys should think about it before getting too much money that fast.

Become a VC, fund startups which build on iota ecosystem  

You need at least 1 millions USD on a American Bank account to become a VC.
Bitcoins doesn't count. I asked VCs about it.

Turn BTC into USD > Invest into start-ups. I don't remember the requirement to invest into start-ups in the US, but I am quite confident it's nowhere near 1 million USD. It's *very* common that start-ups loan/get their angel funds from an uncle or friend who just happen to have some excess money.

[superresistant]

I have no idea what am I gonna do with all that money.
I'm not a materialistic nor a consumerist person.
Maybe a trip, I always wanted to travel.
You guys should think about it before getting too much money that fast.

Become a VC, fund startups which build on iota ecosystem 

You need at least 1 millions USD on a American Bank account to become a VC.
Bitcoins doesn't count. I asked VCs about it.

Turn BTC into USD > Invest into start-ups. I don't remember the requirement to invest into start-ups in the US, but I am quite confident it's nowhere near 1 million USD. It's *very* common that start-ups loan/get their angel funds from an uncle or friend who just happen to have some excess money.

I got that reply from FundersClub:

Hi xxx,

Thank you for reaching out! An accredited investor is defined under rules set by US Securities and Exchange Commission. Currently, it seems that $1M USD in Bitcoin is not considered to be a qualification that meets the net worth requirement to be an accredited investor. You can read the specific qualifications under the net worth test here: http://www.investor.gov/news-alerts/investor-bulletins/investor-bulletin-accredited-investors. Please scroll down to see the Accredited Investor Table. I have also included information from the site below:

According to the SEC, to qualify as an accredited investor under the net worth test, you must have a net worth that exceeds $1 million, either alone or with a spouse. If calculating joint net worth with a spouse, it is not necessary that property be held jointly. Calculating net worth involves adding up all your assets and subtracting all your liabilities. The resulting sum is your net worth. The value of your primary residence is not included in your net worth calculation. In addition, any mortgage or other loan on the residence does not count as a liability up to the fair market value of the residence. If the loan is for more than the fair market value of the residence (i.e., if your mortgage is underwater), then the loan amount that is over the fair market value counts as a liability under the net worth test.

Further, any increase in the loan amount in the 60 days prior to your purchase of the securities (even if the loan amount does not exceed the value of the residence) will count as a liability as well. The reason for this is to prevent net worth from being artificially inflated through converting home equity into cash or other assets.

As I mentioned, I would take a look at the accredited investor table and reach out to confirm this information with the SEC at 1-800-732-0330. I hope this is helpful and please do not hesitate to reach out with any additional questions you may have!

Best,
Sile

PS : I don't have 1 million USD worth of bitcoins, I was just asking questions about it to VCs.

I'll look more into it later I guess.

[iotatoken]

This is a good article on the matter:

http://www.strictlybusinesslawblog.com/2011/08/15/can-a-friends-and-family-round-include-non-accredited-investors-should-it/

[Come-from-Beyond]

This is to confirm a replacement of

Code:

WVAJCEMLNXQXJNLWXPBD9ZOJKF9X9RUHVLQOXNGHOLDPAPYWMOUJFLNPLBZEAILHQWDMUUDUPZFFHHCAC

with

Code:

GCMGWIFBOEIEGOONIUXZEGCSMKCKZABJSNW9ZIFVQTVTMVUHWKALTKGYRFEEUFMVQKH9DZPPDZRMPNHDM

in Iota genesis.

The address contains 859'921 iotas.

20 BTC must be transferred to 1NFxYT6gs92jES5AWNv59B46VqMLSVVM1s and get at least 6 confirmations within the next 24 hours for the replacement to happen.

The owner of 1NFxYT6gs92jES5AWNv59B46VqMLSVVM1s confirmed this replacement by signing

Code:

20 BTC => GCMGWIFBOEIEGOONIUXZEGCSMKCKZABJSNW9ZIFVQTVTMVUHWKALTKGYRFEEUFMVQKH9DZPPDZRMPNHDM

and providing

Code:

HwjT/tr2FIjI9xJNzrHUdLqSZs3UJbtjvSP0oFZSKZ7OJBoQPRFHfid643zwk7icwUsSrKPRkpgrf5z7wapLUms=

signature.

Done.

[50cent_rapper]

It's even better now: http://www.valuewalk.com/2015/11/what-title-iii-of-the-jobs-act-really-means/