Blackmoon Crytpo is going to be huge?

[Freddoe]

Blackmoon to the moon. This is very exciting. How far can it go. Wish that I ut some more in it, but I guess it might fall below ICO price, so I might pick up some more.

I'm hoping to pick me me up some more cheap ones too. But it doesn't look like it's going to drop anytime soon. Hopefully the bounty hunters will dump their shares on us. I will be waiting for the weak hands for sure. This is one's a hodler. I can see 20$/BMC, easy, next year.

It dropped under ICO price so I picked up some more. 20$/BMC would be nice but is that the highest it will go? Who knows. Hoping for DASH prices. But I'm a dreamer.

[energico]

Blackmoon to the moon. This is very exciting. How far can it go. Wish that I ut some more in it, but I guess it might fall below ICO price, so I might pick up some more.

nice project. everything work very smooth. no complain for this project and dev. very active

[JakeCrypto]

It's currently trading below ICO price ($1) at roughly $0.85. With their promise to buy back tokens at $0.80 there's not a lot risk involved in buying now so I've jumped in. I can't see it staying this low for long with the quality of the project.

[OneUnderBridge]

It's currently trading below ICO price ($1) at roughly $0.85. With their promise to buy back tokens at $0.80 there's not a lot risk involved in buying now so I've jumped in. I can't see it staying this low for long with the quality of the project.

Yes, there hasn't been enough time for the larger volume exchanges to vet the project well enough to include it on their platforms. Right now the larger exchanges are leery as to how to define the differences between an "asset?" and a "security?" so they are being more diligent. Blackmoon Crypto believes that they have the legal standing to pass the Howey test with BMC. And, I think BMC does and will pass that test. There are some bargains on the smaller exchanges for BMC at the moment, but once the higher volume exchanges list the token, I don't believe those bargains will be available. Blackmoon Crypto is in a good position to do very well, providing they don't get caught "cooking the books" or something, and I am confident that they ARE going to do well.

[Da_Dude]

where is it trading

[JakeCrypto]

Yes, there hasn't been enough time for the larger volume exchanges to vet the project well enough to include it on their platforms. Right now the larger exchanges are leery as to how to define the differences between an "asset?" and a "security?" so they are being more diligent. Blackmoon Crypto believes that they have the legal standing to pass the Howey test with BMC. And, I think BMC does and will pass that test. There are some bargains on the smaller exchanges for BMC at the moment, but once the higher volume exchanges list the token, I don't believe those bargains will be available. Blackmoon Crypto is in a good position to do very well, providing they don't get caught "cooking the books" or something, and I am confident that they ARE going to do well.

Interesting, I haven't been around crypto/investments long enough to come across the Howey test before. After reading up on it I understand that it's a test to determine whether the token is classed as a security and therefore protected by SEC regulations, is that correct? If so I'm guessing that if it passes then the big exchanges are more likely to accept it as Blackmoon Crypto can be held accountable if they don't follow through with their promises?

[OneUnderBridge]

Yes, there hasn't been enough time for the larger volume exchanges to vet the project well enough to include it on their platforms. Right now the larger exchanges are leery as to how to define the differences between an "asset?" and a "security?" so they are being more diligent. Blackmoon Crypto believes that they have the legal standing to pass the Howey test with BMC. And, I think BMC does and will pass that test. There are some bargains on the smaller exchanges for BMC at the moment, but once the higher volume exchanges list the token, I don't believe those bargains will be available. Blackmoon Crypto is in a good position to do very well, providing they don't get caught "cooking the books" or something, and I am confident that they ARE going to do well.

Interesting, I haven't been around crypto/investments long enough to come across the Howey test before. After reading up on it I understand that it's a test to determine whether the token is classed as a security and therefore protected by SEC regulations, is that correct? If so I'm guessing that if it passes then the big exchanges are more likely to accept it as Blackmoon Crypto can be held accountable if they don't follow through with their promises?

Sorta. If the token passes the Howey test, then the US based exchanges can list it. If it doesn't pass the Howey test, then the EXCHANGE could face regulatory consequences if they decide to list it. However, it would be in Blackmoon's best interest to abide by the US regulations because it's a very large market. Blackmoon Crypto divides their project into two separate tokens, BMC, which isn't a security according to Howey, and Fund token, which is considered a security under Howey. US citizens are not allowed to participate in the Fund token platform, as "Continuous Contributors," at this time but they are allowed to purchase BMC.

From Blackmoon Crypto's FAQ:

/*
Regulation

Are BMC tokens securities?

Based on legal advice and opinions we gathered during the preparation process, BMC tokens would not be deemed as securities by SEC based on the famous Howey test. We pay a lot of attention to that matter and are in continuous communications with US attorneys while formalizing our position.

Are Fund tokens securities?

Funds' tokens are going to be securities. And we are going to comply with all necessary regulation regarding that fact.

Will you distribute Fund tokens in the USA?

During 2018, funds on the platform should be able to distribute tokens to US citizens via brokerage firms and exclusively to authorized investors. We intend to apply for our own broker-dealer license in the US and to receive it in 2019."
*/

Citation: https://blackmooncrypto.com/ FAQ, accessed 09/20/2017

[JakeCrypto]

Sorta. If the token passes the Howey test, then the US based exchanges can list it. If it doesn't pass the Howey test, then the EXCHANGE will face the regulatory consequences. However, it would be in Blackmoon's best interest to abide by the US regulations because it's a very large market. Blackmoon Crypto divides their project into two separate tokens, BMC which isn't a security according to Howey, and Fund token which is considered a security under Howey. US citizens are not allowed to participate in the Fund token platform, as "Continuous Contributors," at this time but they are allowed to purchase BMC.

Thanks that's cleared it up for me.

It would be nice to see BMC on Bittrex but they haven't added a new coin since Bitcoin Cash. The only other exchange I can see adding it in the near future is Binance... Anyway we'll wait and see.

[turbulence]

listed on cmc now: https://coinmarketcap.com/assets/blackmoon-crypto/

[bengems]

I have learnt from experience that most coins with big hype and whale investors are always dumped less  to nothing and manipulated heavily when they get to exchange. Bancor is a good example

[turbulence]

I have learnt from experience that most coins with big hype and whale investors are always dumped less  to nothing and manipulated heavily when they get to exchange. Bancor is a good example

wasn't any presale bonues here tho (just a pre-order which was same price as ICO) and individual contribution capped at 1 million $. but yeah the big holders are still manipulating it, doubt it will go much lower than 80c tho

[OneUnderBridge]

Blackmoon Crypto is getting some press: http://www.huffingtonpost.com/entry/blockchain-platform-for-tokenized-investment-funds_us_59a57f60e4b0d6cf7f405058

Oleg (CEO) will give a speech at this conference in London: https://london.keynote.ae/speakers/

[aaroc90]

Glad to hear about the press. I'm very happy with how they are going about the progress so far. Okay the token itself isnt mooning like people want (yet ) but the team is playing things very well

[OneUnderBridge]

Glad to hear about the press. I'm very happy with how they are going about the progress so far. Okay the token itself isnt mooning like people want (yet ) but the team is playing things very well

Solid projects develop over time. If you notice, those projects that are overly hyped seem to go away quickly, but the good ones grow at a healthy and organic rate. I am excited about where this one is going because it's a solid, long term, investment opportunity.

[JakeCrypto]

I was expecting at least an initial pump but I have faith that it will grow over time. I don't think it is unrealistic for the marketcap to at least match that of Iconomi... $150m vs $25m is 6x gain

[OneUnderBridge]

Good news. This will help the grow support.

BMC got picked up on higher volume exchange:

           https://hitbtc.com

Higher volume is good because it is easier to buy (or sell) larger amounts without affecting the price too much.

[KingAzir]

It could be expecting project and ICO success with over $20m cap so in my opinion Blackmoon has much potential to grow up in the future.

[urp0k1911]

BMC is up 15% just recently. The team has started to buy coins back at $0.8 couple of hours ago. There is 1.4 mil tokens bought back already (which is about 5% of the supply avalable). Coins that were bought back will be frozen for 24 months. Do you guys think that drop in BMC supply will increase its price to go higher than $1?

[turbulence]

BMC is up 15% just recently. The team has started to buy coins back at $0.8 couple of hours ago. There is 1.4 mil tokens bought back already (which is about 5% of the supply avalable). Coins that were bought back will be frozen for 24 months. Do you guys think that drop in BMC supply will increase its price to go higher than $1?

i also hope blackmoon does well since it's my biggest investment, but it's not correct that bought back tokens will be frozen for 24 months. the 24 months is the period in which they offer to buy the tokens back for 80% of ICO value (given that the funds set aside for that last that long, which is doubtful). the bought back tokens themselves can be sold at their discretion

[urp0k1911]

BMC is up 15% just recently. The team has started to buy coins back at $0.8 couple of hours ago. There is 1.4 mil tokens bought back already (which is about 5% of the supply avalable). Coins that were bought back will be frozen for 24 months. Do you guys think that drop in BMC supply will increase its price to go higher than $1?

i also hope blackmoon does well since it's my biggest investment, but it's not correct that bought back tokens will be frozen for 24 months. the 24 months is the period in which they offer to buy the tokens back for 80% of ICO value (given that the funds set aside for that last that long, which is doubtful). the bought back tokens themselves can be sold at their discretion

This is not how I understood it. There is some confusion on BMC Telegram. On Monday guy named 'Daniel | Blackmoon Crypto' claimed 'Tokens become company's property and would be frozen for 'bout 24 months before eventual release' but today another guy named 'David Gonzales | Blackmoon Team' stated it is not correct. I will wait some more time to make a final conclusion about it.

Meanwhile BMC is up 25% and is traded for $0.9 at liqui