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Author Topic: [ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!  (Read 145625 times)
magisterr
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December 02, 2018, 08:51:31 AM
 #2101


Naturally in U.S. and most of other Governments, they require their people to declare income and pay taxes accordingly and omitting other facts in those reports could lead to very heavy consequences no one wants to be with such that tax evasion is a very serious offense that most crypto entities chose to comply with Government regulations to avoid penalties.

Yes, but from utility tokens people mostly dont pay taxes as there is no laws about them. But SEC want to charge taxes from security tokens as I undestand. But if this will be fully legal projects with dividends  may be this is not bad  Huh

I think you misunderstood lots of things. First of all, SEC doesn't have any jurisdiction about tax at all.

Second, they see every crypto token as a security and even they don't pay any dividends they are mostly seeing them selling a security without permission. So most of the projects leave US citizens out just for this reason.


But do you think why they making this (they want to make every token secutrity) ? This because they want to know evry crypto users (KYC) and want charge taxes
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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December 02, 2018, 09:48:47 AM
 #2102

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

Its becoming annoying that the route of crypto currency prices are unknown but Dusk will thrive and do better. From the beginning they are taking the right steps for success.

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December 02, 2018, 10:24:21 AM
 #2103

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

I don't think (or better hope) that it won't go much lower now at this point. But I'm also of the opinion that we will see this sideways trend now for quite some time.
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December 02, 2018, 10:49:24 AM
 #2104

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

I don't think (or better hope) that it won't go much lower now at this point. But I'm also of the opinion that we will see this sideways trend now for quite some time.

Better go sideways then go down further like happened this year, maybe some useful alts will shine whle usell projects will slowly die (like they should)

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December 02, 2018, 11:36:29 AM
 #2105

As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.

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December 02, 2018, 12:15:53 PM
 #2106

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

I think a project that is in for the long run and has some valid product to deliver is not going to be much worried about this price variations i reckon.

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December 02, 2018, 01:03:59 PM
 #2107

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

I don't think (or better hope) that it won't go much lower now at this point. But I'm also of the opinion that we will see this sideways trend now for quite some time.

Better go sideways then go down further like happened this year, maybe some useful alts will shine whle usell projects will slowly die (like they should)

Sideways is also good, you can trade it.  Smiley
I think ETF is needed to give a start for a bull run.

 
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December 02, 2018, 01:25:04 PM
 #2108

When will it be possible to buy Dusk without high volume and KYC requirements?

I guess when it hits an exchange where you don't need to go through the KYC process.

One thing I am sure that it will be on bitfinex but, is there any information about expected date?
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December 02, 2018, 01:37:55 PM
 #2109

I am still amazed that you got into Bitfinex during the ico. Most projects are just dreaming about it. How did you get there? Did you contact Bitfinex or did they contact you after reviewing the whitepaper?
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December 02, 2018, 04:26:19 PM
 #2110

As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.

The amount pledged on EthFinex was over $1 million. Now it is $669,722. Only $64,622 seems to be raised, but I do not know if that figure is correct.

The result EthFinex token sale does not really matter for the total investment though. EthFinex just sold a portion of the tokens they bought from DUSK.
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December 02, 2018, 06:02:37 PM
 #2111

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

I think a project that is in for the long run and has some valid product to deliver is not going to be much worried about this price variations i reckon.

A project with a valid product for sure last longer if we compared it with the other projects. But this current down trend in crypto for sure will give big impact as well especially for start up.
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December 02, 2018, 09:00:06 PM
 #2112

When will it be possible to buy Dusk without high volume and KYC requirements?

I guess when it hits an exchange where you don't need to go through the KYC process.
in reality we do not need to wait for the dusk tokens to be listed on the exchanges to be able to buy them, as long as they will be movable and unblocked shortly they can be bought on the various dex (decentralized exchanges) in a fairly anonymous way...
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December 02, 2018, 10:22:03 PM
 #2113

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

Exactly, that's what i was wondering also... are any ICO's even successfull with this insane market..
Most of the people i talk with (which are not VC) are no longer interested in any ICO's
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December 02, 2018, 10:31:00 PM
 #2114

[INTERVIEW] Crypto Beadle x Emanuele

Another exciting video and this time its not only technical, but also includes a little bit more background and insight into the life of Emanuele, our Tech Lead. Enjoy!


Thanks for sharing. I admire these interviews, often because it is a technical video, ends up driving users to delve deeper into the subject and the project, this is always good.
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December 02, 2018, 10:51:22 PM
 #2115

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

In essence, it would most likely to influence DUSK's token sale but then again, nowadays investors often do a thorough research on their prospects and often have criteria set before making any decisions and having stated those, DUSK being a solid project, has a very high probability of cornering enough investments. Imho.
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December 03, 2018, 12:16:56 AM
 #2116

As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.

The amount pledged on EthFinex was over $1 million. Now it is $669,722. Only $64,622 seems to be raised, but I do not know if that figure is correct.

The result EthFinex token sale does not really matter for the total investment though. EthFinex just sold a portion of the tokens they bought from DUSK.

So Ethfinex is "stuck" with whatever is not sold? Hope they really believe in the project and don't sell their bags

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December 03, 2018, 12:19:52 AM
 #2117

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

In essence, it would most likely to influence DUSK's token sale but then again, nowadays investors often do a thorough research on their prospects and often have criteria set before making any decisions and having stated those, DUSK being a solid project, has a very high probability of cornering enough investments. Imho.

" nowadays investors often do a thorough research on their prospects and often have criteria set before making any decisions"

If only everyone did this one year ago..... Cheesy Cheesy Cheesy Cheesy
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December 03, 2018, 09:32:05 AM
 #2118

We are now in some kind of dead lock of bitcoin/ethereum prices, its going up and down and no one is sure if its showing signs of recovery or just preparing for another plunge even lower. I hope this doesnt affect Dusks token sale.

In essence, it would most likely to influence DUSK's token sale but then again, nowadays investors often do a thorough research on their prospects and often have criteria set before making any decisions and having stated those, DUSK being a solid project, has a very high probability of cornering enough investments. Imho.

" nowadays investors often do a thorough research on their prospects and often have criteria set before making any decisions"

If only everyone did this one year ago..... Cheesy Cheesy Cheesy Cheesy

Indeed! The crypto markets are getting more mature compared to the previous years and this experiences (market trends in 2018) teaches the entire crypto community a lesson that gradually makes a solid foundation of a more mature crypto verse. I think we should embrace such incidents to make us strong than ever.
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December 03, 2018, 11:03:50 AM
 #2119


So Ethfinex is "stuck" with whatever is not sold? Hope they really believe in the project and don't sell their bags

The team in here could clarify this point actually, i think they could reserve the right to sell them directly in another round at a higher price.

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December 03, 2018, 01:07:29 PM
 #2120

As far as i remember Dusk Network reached its soft cap but did they get fiat or eth. If fiat no problem but eth was 300$ if i remember correctly they announced soft cap and it is around 100$ right now.

The amount pledged on EthFinex was over $1 million. Now it is $669,722. Only $64,622 seems to be raised, but I do not know if that figure is correct.

The result EthFinex token sale does not really matter for the total investment though. EthFinex just sold a portion of the tokens they bought from DUSK.

So Ethfinex is "stuck" with whatever is not sold? Hope they really believe in the project and don't sell their bags

I don't think they already thought this possibility and acted on it. If they didn't believe the project, they wouldn't have this deal in first place. I also think they would probably make a better profit if they just hold the tokens.

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