Bitcoin Forum
September 23, 2017, 06:53:27 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: FUD or truth? Counterparty Team warns of FinCen penalties for bitcoin companies  (Read 2592 times)
Wandererfromthenorth
Hero Member
*****
Offline Offline

Activity: 728



View Profile
October 10, 2014, 10:24:56 AM
 #1

I have no idea if this is legit or not, few people are talking about it, what do you make of this?


http://www.reddit.com/r/BitcoinMarkets/comments/2iu5xc/caution_counterparty_team_warns_of_fincen/


1506192807
Hero Member
*
Offline Offline

Posts: 1506192807

View Profile Personal Message (Offline)

Ignore
1506192807
Reply with quote  #2

1506192807
Report to moderator
1506192807
Hero Member
*
Offline Offline

Posts: 1506192807

View Profile Personal Message (Offline)

Ignore
1506192807
Reply with quote  #2

1506192807
Report to moderator
1506192807
Hero Member
*
Offline Offline

Posts: 1506192807

View Profile Personal Message (Offline)

Ignore
1506192807
Reply with quote  #2

1506192807
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1506192807
Hero Member
*
Offline Offline

Posts: 1506192807

View Profile Personal Message (Offline)

Ignore
1506192807
Reply with quote  #2

1506192807
Report to moderator
Thomas-s
Sr. Member
****
Offline Offline

Activity: 476



View Profile
October 10, 2014, 10:26:44 AM
 #2

Doesn't look good.

Hunyadi
Legendary
*
Offline Offline

Activity: 1269


☑ ♟ ☐ ♚


View Profile
October 10, 2014, 10:28:41 AM
 #3

Guys! I think it is time to short!  Roll Eyes

▂▃▅▇█▓▒░BTC-Cultist░▒▓█▇▅▃▂
Wandererfromthenorth
Hero Member
*****
Offline Offline

Activity: 728



View Profile
October 10, 2014, 10:38:28 AM
 #4

Guys! I think it is time to short!  Roll Eyes
Stop thinking that everyone here is talking their book, just inspect the evidence and make an idea for yourself.
Be objective.
cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736

Let's talk governance, lipstick, and pigs.


View Profile
October 10, 2014, 10:42:50 AM
 #5

You're talking about the second largest economy, right? Their economy is falling faster than bitcoin anyway.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
btcney
Hero Member
*****
Offline Offline

Activity: 490


View Profile
October 10, 2014, 10:44:32 AM
 #6

RIP Counterparty.

otto93
Member
**
Offline Offline

Activity: 67


View Profile
October 10, 2014, 10:48:52 AM
 #7

It sounds like rumors at present. Nobody seems to know if it's FUD or truth yet.
tabnloz
Legendary
*
Offline Offline

Activity: 962


View Profile
October 10, 2014, 11:03:33 AM
 #8

*tinfoil hat* Coincidentally just as overstock announces Counterparty integrating stock exchange replica...
Nekrobios
Moderator
Legendary
*
Offline Offline

Activity: 1694


Bitcoin Maximalist


View Profile
October 10, 2014, 11:37:50 AM
 #9

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.
Thomas-s
Sr. Member
****
Offline Offline

Activity: 476



View Profile
October 10, 2014, 12:22:38 PM
 #10

So maybe the 30k guy knew about this and sold?

vuduchyld
Sr. Member
****
Offline Offline

Activity: 364


View Profile
October 10, 2014, 12:30:38 PM
 #11

May or may not be truth, but clearly presented with FUDdish agenda on reddit
razorramon
Full Member
***
Offline Offline

Activity: 210


View Profile
October 10, 2014, 12:34:32 PM
 #12

what about the other companies?

if bad companies/scammers then bullish
if good companies then bearish
Wandererfromthenorth
Hero Member
*****
Offline Offline

Activity: 728



View Profile
October 10, 2014, 12:51:33 PM
 #13

Btcdrak (developer of Viacoin working with Peter Todd) confirms having heard this few weeks ago.


https://twitter.com/btcdrak/status/520548000243126273
gog1
Hero Member
*****
Offline Offline

Activity: 756


View Profile
October 10, 2014, 01:54:42 PM
 #14

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
kodtycoon
Hero Member
*****
Offline Offline

Activity: 728


View Profile
October 10, 2014, 02:05:02 PM
 #15

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform.

sgbett
Legendary
*
Offline Offline

Activity: 1484



View Profile
October 10, 2014, 02:14:49 PM
 #16

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform.

but i am short bitcoins!  Grin

Full Node: http://46.51.193.129 (BU) || http://haschinabannedbitcoin.com
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
kodtycoon
Hero Member
*****
Offline Offline

Activity: 728


View Profile
October 10, 2014, 02:22:34 PM
 #17

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform.

but i am short bitcoins!  Grin
I agree a short position right now would be wise. But a substantial long position on nem(see signature) would be much more profitable even with the decline of bitcoin. Il quote this post again in exactly one month. Wink 2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard.

maker88
Sr. Member
****
Offline Offline

Activity: 336


View Profile
October 10, 2014, 05:28:30 PM
 #18

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform.

but i am short bitcoins!  Grin
I agree a short position right now would be wise. But a substantial long position on nem(see signature) would be much more profitable even with the decline of bitcoin. Il quote this post again in exactly one month. Wink 2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard.

Please please please do come back and quote this after whatever scam coin you're advertising dies in a few weeks. 2.0 coins are certainly a scam, they have no uses except buying bitcoins with them. You can't buy actual things with any of the altcoins. Until the day they do, no Altcoin will ever even attempt to approach bitcoin.
gog1
Hero Member
*****
Offline Offline

Activity: 756


View Profile
October 10, 2014, 06:06:17 PM
 #19

Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward

RIP, scamcoins.

2nd gen coins are mostly scamcoins (if not all)
it's the unregistered businesses that issue shares on the asset exchange that are at risk, not the technology itself. You don't fine the fiat system(or the Fed) when someone commits fraud do you? So it's not the platform that is at risk, again it's the companies that issue illegal securities on the platform.

but i am short bitcoins!  Grin
I agree a short position right now would be wise. But a substantial long position on nem(see signature) would be much more profitable even with the decline of bitcoin. Il quote this post again in exactly one month. Wink 2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard.

While I don't believe BTC will be the be-all and end-all when it comes to cryptocurrency.  I don't see current stable of 2.0 coins being the ONE.
podyx
Legendary
*
Offline Offline

Activity: 1330



View Profile
October 10, 2014, 06:11:05 PM
 #20



should I be worried?
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!