Fakhoury
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Permabull Bitcoin Investor
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May 08, 2016, 10:46:54 AM |
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Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?
If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. There were offshore internet gambling sites that thought they could do business with customers in the USA without fear of legal action from the USA government. Most of them eventually got taken down by the USA government, and the owners were prosecuted. The US govvy 'protects' its tax cattle herd very jealously, the more than 4000 citizens per annum trying to leave have to dump their passports http://money.cnn.com/2016/02/08/news/americans-citizenship-renunciation/index.html and have to pay huge amounts of money and now IRS is actively stopping them from leaving by removing passports http://www.naturalnews.com/052138_IRS_US_passports_travel_restrictions.htmlSo the COIN ETF could take a decade for example ?
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AlexGR
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May 08, 2016, 10:57:34 AM |
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Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?
If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. Let's say I launch an ETF in London. You live in the States. Can you create an "investment company" in the UK which then buys from my ETF in London? Can US law get involved with the internal processes of a company that operates abroad? Shouldn't the regulatory barrier extend only up to the level where you own the shares to your company and get profits or added value which might be taxable in the States?
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Fakhoury
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May 08, 2016, 11:30:57 AM |
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Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?
If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. Let's say I launch an ETF in London. You live in the States. Can you create an "investment company" in the UK which then buys from my ETF in London? Can US law get involved with the internal processes of a company that operates abroad? Shouldn't the regulatory barrier extend only up to the level where you own the shares to your company and get profits or added value which might be taxable in the States? I think yes, see what happened with LR (Liberty Reserve).
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Ultrafinery
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May 08, 2016, 02:05:28 PM |
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Old man lyin' by the side of the road Where the lorries rollin' by Blue moon sinkin' from the weight of the load And the buildings scrape the sky Cold wind rippin' on the valley at dawn And the morning paper flies Dead man lyin' by the side of the road With the daylight in his eyes Don't let it bring you down It's only castle's burning Find someone who's turning And you will come around Will 450 hodl?
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defined
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May 08, 2016, 02:41:01 PM |
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Poll: 60 (65.2%) think bitcoin will break 480$ end of May. I hope it will reach it.
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nioc
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May 08, 2016, 02:58:26 PM |
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Old man lyin' by the side of the road Where the lorries rollin' by Blue moon sinkin' from the weight of the load And the buildings scrape the sky Cold wind rippin' on the valley at dawn And the morning paper flies Dead man lyin' by the side of the road With the daylight in his eyes Don't let it bring you down It's only castle's burning Find someone who's turning And you will come around Will 450 hodl? The partial lyrics you give are slightly off but anyway, thank you. Who cares about 450. https://www.youtube.com/watch?v=F7letrMf_nE
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Searing
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Clueless!
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May 08, 2016, 02:58:35 PM |
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Poll: 60 (65.2%) think bitcoin will break 480$ end of May. I hope it will reach it.
yeah 500 usd would be nice indeed.....I keep creeping up to 100 btc then I blow money on more miner crap...keeps slipping away.... (now back to 95 btc again) yo/yo but anyway the goal is 100 btc then the REST will pay down my equip debt till they doorstop...thus I can say I have 100 btc with XXX invested (ouch) and instead say I have YYY invested (yea!) when the miners meet their doom as 'doorstops' (mining with KNC Titans LTC still profitable at 14c kwh ...hard to believe but true) but 500 usd .....would 'stoke' my feeble illusion and hope that 1000 usd btc is 'just around the corner' or in crypto BTC speak "Two more weeks" (tm BFL)
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Fakhoury
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Activity: 1386
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May 08, 2016, 03:05:37 PM |
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Poll: 60 (65.2%) think bitcoin will break 480$ end of May. I hope it will reach it.
yeah 500 usd would be nice indeed.....I keep creeping up to 100 btc then I blow money on more miner crap...keeps slipping away.... (now back to 95 btc again) yo/yo but anyway the goal is 100 btc then the REST will pay down my equip debt till they doorstop...thus I can say I have 100 btc with XXX invested (ouch) and instead say I have YYY invested (yea!) when the miners meet their doom as 'doorstops' (mining with KNC Titans LTC still profitable at 14c kwh ...hard to believe but true) but 500 usd .....would 'stoke' my feeble illusion and hope that 1000 usd btc is 'just around the corner' or in crypto BTC speak "Two more weeks" (tm BFL) Huge amount of BTC you've here mate, bravo My goal is 210 BTC but still I'm in the way to 100 BTC. I've a HUGE debit from my father that I'm waiting for to be paid, I will this fiat directly to my bank and make a bank transfer ny exchange, buy at near market price, and send the coins to my wallet I like and enjoy long-term investing, specially when you are young (I'm 26). Keep stashing while you are young and working, to enjoy a beautiful future and youth in your mid 30's
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Meuh6879
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May 08, 2016, 03:24:41 PM |
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Will 450 hodl? Yes. http://thehalvening.com/Because we have already build the rocket ... and the launcher, too. Need fuel, now.
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Ultrafinery
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May 08, 2016, 03:42:35 PM |
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Old man lyin' by the side of the road Where the lorries rollin' by Blue moon sinkin' from the weight of the load And the buildings scrape the sky Cold wind rippin' on the valley at dawn And the morning paper flies Dead man lyin' by the side of the road With the daylight in his eyes Don't let it bring you down It's only castle's burning Find someone who's turning And you will come around Will 450 hodl? The partial lyrics you give are slightly off but anyway, thank you. Who cares about 450. https://www.youtube.com/watch?v=F7letrMf_nEGah! Serves me right for ctrl-c/ctrl-v, I usually proof. Thanks, Google P.S. WTF is Annie Lennox?!
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Ultrafinery
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May 08, 2016, 03:50:43 PM |
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Will 450 hodl? Yes. http://thehalvening.com/ Because we have already build the rocket ... and the launcher, too. Need fuel, now. To infinity, and beyond!
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JimboToronto
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You're never too old to think young.
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May 08, 2016, 04:09:56 PM |
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Good Morning Bitcoinland. Still hovering around $460. I don't mind a little sideways if it means coiling for the next move up.
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nioc
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May 08, 2016, 04:13:20 PM |
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Gah! Serves me right for ctrl-c/ctrl-v, I usually proof. Thanks, Google P.S. WTF is Annie Lennox?! Good performer that did a cover, sux compared to Neil.
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nioc
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May 08, 2016, 04:22:29 PM |
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its going to 520 with 2 legs up in <48hours. i can FEEL IT! shits about to get real. buy Buy BUY!!!!!!!!Oh boy you can FEEL IT As I am highly sugestive I bought just after your post. That makes it 11 of the last 15 days. As my daily/weekly limits are small that's how I have to do it. Also good for dollar cost averaging if that even matters. Adam what sort of guarantee does the $520 in under 48hours have? Oh wait it doesn't say $520 it says 520. I guess like many people I am gullible yes i can FEEEEEEL it. yes i meant 520$ < 48hours 100% guarantee! if your not happy with the price incress that fallowsor you no longer want your bitcoin for WHATEVER reason you can send your bitcoins back for a full refund at current market price a small trading fee may applyGlad this came with a guarantee, the price incress was indeed fallow.
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inca
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May 08, 2016, 04:26:00 PM |
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Coiling for a big move again. Could it be up this time? If we breach 471 then FOMO buying should guide us up to retest 500, after which all bets are off. Or more disappointment.
Either way after the Halving that invisible reduction in supply should help to put a base under the price going forward.
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Ultrafinery
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May 08, 2016, 04:27:50 PM |
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DaRude
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In order to dump coins one must have coins
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May 08, 2016, 04:56:05 PM |
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Can't they bypass USA regulatory resistance and go to the UK -or elsewhere- to launch the ETF?
If an ETF wants to do business with customers in the USA it has to go through the USA regulatory procedure. Let's say I launch an ETF in London. You live in the States. Can you create an "investment company" in the UK which then buys from my ETF in London? Can US law get involved with the internal processes of a company that operates abroad? Shouldn't the regulatory barrier extend only up to the level where you own the shares to your company and get profits or added value which might be taxable in the States? Sure can, but you're limiting your owner base if you have no exposure in US, and thats where a lot of money is. So most will list on US exchanges, or do an ADR https://en.wikipedia.org/wiki/American_Depositary_Receipt then it's a fair game for US law.
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Mrpumperitis
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May 08, 2016, 05:56:57 PM |
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ive said this many times, halving is priced in, those that want to buy already have. There is not enough buy support to maintain a pump. Theres waaaay to many people hoping to dump on noobs at $600+...problem is even the noobs now use google and have access to a wealth of information unlike 2013 when everybody was a noob,lol. BTC is gonna dump real hard in the next month or so..probably back to $300s over summer...then watch out for oct ( good times begin again) BTC will pump but only after the scalabilty issue is solved ( cmon dr wright, make that super computer do sum magic ) 2017 btc will be $1k+
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