SEC - ICO, altcoins and McAfee

[ATSgrowth]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

[Way2Paradise]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

that does not sound very good. i hope that it will have bad consequences.

i think in the next few weeks we will see if anything will happen.

[ATSgrowth]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

that does not sound very good. i hope that it will have bad consequences.

i think in the next few weeks we will see if anything will happen.

SEC regulations may take several months not several weeks.
Look at Ethereum - Ethereum ICO took place in the year 2014 and now SEC decided that it Ethereum is not a security.

[twobits]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

This has been stated so many times and if you are from US and you can't participate in any ico because you just follow what has already stated by SEC. The world is not US.
In so many times SEC has stated that this based on their regulations. it will be different if you are seeing another countries just like south korean that has already tried to create a framework regulation to legalize ICO.

[tsaroz]

ICOs are actually securities and they should behave as such.
Unlike Bitcoin, Ethereum and other alts, ICO are fund raised with promise to share the profit of investment with the token holders.
Here, tokens act as a share. ICOs should be regulated and taxed.

[ShareAccepted]

McAfee is a problematic figure that has gone into the business of creating fomo and fud alike. As far as I am concerned, the SEC can act agains american residents only.

[Way2Paradise]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

that does not sound very good. i hope that it will have bad consequences.

i think in the next few weeks we will see if anything will happen.

SEC regulations may take several months not several weeks.
Look at Ethereum - Ethereum ICO took place in the year 2014 and now SEC decided that it Ethereum is not a security.

yes that's true. it will probably be more months and not weeks. sec will definitely have a lot of work the next months.

[BTCLovingDude]

i have been afraid for the future of ICOs and most important of all i have been worried more about the future of the platforms that ICOs run on like Ethereum.

these coins like ETH rely completely on ICOs to survive with an ICO there is no reason for them to exist anymore and SEC and a lot of countries around the world have been banning ICOs or at best putting a lot of restrictions around them.

i think 2018 can be a very dark year for ETH.

[trobin]

Just because they are considered as securities that does not mean that they cannot be within the confides of the law. It just means that they have to interact in a certain way with persons from the US, mostly only allowing registered people to participate.

[ATSgrowth]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

This has been stated so many times and if you are from US and you can't participate in any ico because you just follow what has already stated by SEC. The world is not US.
In so many times SEC has stated that this based on their regulations. it will be different if you are seeing another countries just like south korean that has already tried to create a framework regulation to legalize ICO.

But SEC could harm altcoins right? If they arrest the team behind specific altcoin, or? Or SEC could harm only altcoins which are from the USA?

[torai]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

You are looking at the wrong direction, SEC in an American regulator of stocks, but all ICOs haven't allowed American citizens to buy their tokens. If SEC admits any token as an asset, American cryptochange with make delisting for this token, and it will be a solution to the problem.

[lincolnmad]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

Are you really trust McAfee? I think he's really shaddy because everybody can endorse him by paying him $100k or more for a tweet about an ICO/project. In my opinion Ethereum and bitcoin are still securities, i don't know why SEC says that though.

[Way2Paradise]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

This has been stated so many times and if you are from US and you can't participate in any ico because you just follow what has already stated by SEC. The world is not US.
In so many times SEC has stated that this based on their regulations. it will be different if you are seeing another countries just like south korean that has already tried to create a framework regulation to legalize ICO.

But SEC could harm altcoins right? If they arrest the team behind specific altcoin, or? Or SEC could harm only altcoins which are from the USA?

i think only altcoins from usa are affected. other lands, other rules and laws. i think sec can not do much there.

[ATSgrowth]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

You are looking at the wrong direction, SEC in an American regulator of stocks, but all ICOs haven't allowed American citizens to buy their tokens. If SEC admits any token as an asset, American cryptochange with make delisting for this token, and it will be a solution to the problem.

Thank you, this really really makes sense to me.
So guys, you are still positive with the ICO/altcoins future?

[BTCLovingDude]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

This has been stated so many times and if you are from US and you can't participate in any ico because you just follow what has already stated by SEC. The world is not US.
In so many times SEC has stated that this based on their regulations. it will be different if you are seeing another countries just like south korean that has already tried to create a framework regulation to legalize ICO.

But SEC could harm altcoins right? If they arrest the team behind specific altcoin, or? Or SEC could harm only altcoins which are from the USA?

i think only altcoins from usa are affected. other lands, other rules and laws. i think sec can not do much there.

that is correct. SEC's jurisdiction is theoretically restricted to USA only but the thing is when they do something other countries may follow because it would be bad for them to see for example SEC banning something that they are allowing!
not to mention that the other countries have not been so friendly towards ICOs so far. there have already been a lot of bans in different countries. USA/SEC is not the first one there.

[unusualfacts30]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

as many have mentioned that this will only effect people in the US and this will take few months rather than weeks. not a big fan of McAfee here but you just have to wait and see before deciding whether they'll be worthless or not. not many can give you proper guidance on this subject as it involves future date.

[e@symode]

I do not understand why all people are so afraid of these stupid people from the SEC and how crypto currencies in general can touch these spheres, maybe I'm wrong, I do not argue, but since when do people have no opportunity to collect donations to achieve the goal? Is this normal?

[mr_smith99]

months will pass before he could know more  

[covfefe_]

The turn of events in the last couple of years have given us a clear message. We can not ignore the existence of cryptocurrency and we cannot let it be different from our daily economy and hence the regulation of government. It's for the better of cryptocurrency to abide by local laws.

[bootlace]

Hello, I see a real problem that could harm a lot of altcoins or ICOs.
SEC said that Ethereum and Bitcoin are not securities but some altcoins might be.
McAfee said that he will no longer support ICOs due to SEC threats "and those doing ICOs can all look forward to arrest".

I am little bit afraid that a lot of coins violate the laws and may soon be worthless.
What is your opinion please?

What important in the McAfee? Paid adviser that shill any ICO for salary. SEC is more dangerous organization. But for non-USA ICO it's not a problem. I see too much ICO but not all of this afraid SEC