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/biz/ - Business & Finance


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25219400 No.25219400 [Reply] [Original]

OHOHONONONO CHECK TWITTER LINKIES

HMM I WONDER WHY THAT GIANT WHALE WALLET WHO DUMPED OVER A MILLION TOKENS YESTERDAY JUST MOVED MORE TOKENS TO BINANCE >>25218825
>inb4 dude trust me
THE SOURCE HAS GOTTEN EVERYTHING RIGHT SO FAR AND IS REPUTABLE OHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.25219600

AHAHAHAH

>> No.25219668

finally, LINK, XRP and other scams

>> No.25219716

I'm gonna kill myself and my family will blame SEC

>> No.25219737

literally whomst

>> No.25219741

AHAHAHAHHAHAHAH

>> No.25219761

Is this legit, I don't think my body can handle it.

>> No.25219803

source

>> No.25219810
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25219810

>>25219400
AHAHAHAHAAHAAHAHAHAHAHAHAHAHAHAHAHAGAHAHAHAHAHAGAGAHAGAHHAHAHAHAHAHAHAHAHAHJHAHHAHHAHHAGAGAHAHHAHAHAHAHAGHAGGHAHHAAHAGHAGAHAHHA

>> No.25219817

>>25219400
"Chainlink is officially being investigated by the SEC"
where is the official announcement that they are being investigated?

>> No.25219818

>>25219400
Where are you from?

>> No.25219835

EOY LEAKS:
$1000

>> No.25219839

>>25219761
It’s not real. Link go up

>> No.25219851

>>25219400
is this real
i dont think i can take much of link fus anymore bros this is really getting to me lately

>> No.25219858

muh telegram nobody says link bad

>> No.25219863

>>25219400
thanks just sold all my xrps

>> No.25219867
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25219867

>>25219400
See you at .20 cents stinkers

>> No.25219889
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25219889

>>25219400
>00
B-b-but the f-fourth industrial revolutaaahhhhhhh!

>> No.25219929

>some telegram freak is an official source on SEC investigations
Good one.

>> No.25219935
File: 3.86 MB, 1350x2700, 1565493881637.png [View same] [iqdb] [saucenao] [google]
25219935

Now you see how ahead of the game Chainlink was in never discussing the token at all. There isn't a single occasion in 3 years where a single team member made a single representation about the tokens being an investment, or accruing value, or even having value.
They saw this coming from before 2017. Absolutely based.

>> No.25219951
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25219951

>>25219400

>> No.25219987 [DELETED] 

I warned you about 4chan Surgey

>> No.25220005

what is IEO Leaks

>> No.25220011

LINK to $0.15 again EOY.

>> No.25220018

>>25219400
AHAHAHAHAHAHAHAHAHAHA

>> No.25220046

DON'T MIND ME
JUST CURIOUS
>>25220000
>>25219999

>> No.25220063

>>25219400
Bloody bitch basterd

>> No.25220084

>>25219400

OP can't inb4.

>dude trust me

>> No.25220171

>>25219929
>he doesnt know IEO leaks
>he hasnt checked twitter for the discussion of the leaks
>he doesnt know that there is no offical investigation, so no announcement, the SEC just began asking them for shit to see if they should
>he thinks LINK will be okay and the SEC is not going to go after every crypto that had a sale and dumps tokens from their wallets

>> No.25220190

>>25219400
The fud is getting so weak now! Come on guys, you won't get paid unless you step your game up

>> No.25220192
File: 200 KB, 640x639, 1588285500202.jpg [View same] [iqdb] [saucenao] [google]
25220192

>>25220005
Presumably a namefag on some sort of social media thing. Maybe someone can clarify.

>> No.25220208

>>25219400
Wasted dubs.
Go back to your zeus capital cave. No more cheap linkies for you

>> No.25220221

>>25219400
that whale is a nulinker that bought his stack this year lmao

>> No.25220225
File: 807 KB, 1828x1435, schwabpilled.jpg [View same] [iqdb] [saucenao] [google]
25220225

>>25219400
SEC taking the schwabpill I see

>> No.25220234

>>25219817
kek this.

>> No.25220272

>>25220005
>>25220192
Apparently some telegram channel. Take it with a grain of salt, people seem to overestimate how much government agencies actually work, especially the last two weeks of December. It was surprising enough they made an announcement about XRP.

>> No.25220289
File: 415 KB, 480x238, 1608414391423.gif [View same] [iqdb] [saucenao] [google]
25220289

>>25220171
This is 4chan, not a namefag palace. Are they some sort of respected namefaggot, I assume? Why wouldn't they go "oh, chainlink is fine, we'll use this in our new monetary system" and simply adopt it? Proofs? A single post isn't a proof by and of itself.

>> No.25220301

>muricans once again strangled by their massive amount of freedom
at least they got their guns though, amirite?

>> No.25220317

>the absolute state of fudders

>> No.25220340

>>25220289
>I am a god, give me all your possessings
>this is 4chan, you are not meant to ask for any source

>> No.25220343
File: 75 KB, 1280x960, photo_2019-06-18_16-26-00.jpg [View same] [iqdb] [saucenao] [google]
25220343

hm

>> No.25220345

>>25220272
XRP got mainstream attention big time though, and let's be honest, was clearly shit. Chainlink isn't in this situation, thankfully, and there is a good possibility chainlink will deliver, and that Sirgay is also Satoshi. If this proves correct it'll be a wild ride. If not, it was a good time.

>> No.25220399

>>25220289
Respected leaker. This is their only chainlink ‘fud’ post. Every single thing said before came true, check the telegram and dates if you care to bother.

>> No.25220400
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25220400

>>25219400
>its real


Fucking hell time to sell get FUCKED stupid linkers.

>> No.25220417

>>25219400
Fuck
You

>> No.25220457
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25220457

>>25220340
>Proofs are the same as source
Nigger pls
>>25220343
>Tfw cover up your Jew nose to hide it

>> No.25220543

>>25220399
>Telegram
Yes let me jump right in to another social media app. Nah I'm ok thanks. How long is this larper's track record of predictions? How Significant and against the trend are we talking? I can probably predict something easy several times over, doesn't make me a prophet.

>>25220400
Just dumped 500k, thanks.

>> No.25220563
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25220563

How do i short chainstink?

>> No.25220569
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25220569

>>25219400
AAAAAAAAHHHHHHH THIS FUCKING FAGGOT SCAMMER KNEW THIS WAS GONNA HAPPEN THATS WHY HE IS CASHING OUT EVERY WEEK FUCK YOU SERGEY GIVE ME MY MONEY BACK

>> No.25220599

>>25219400
Did ramping up? Time to buy

>> No.25220617

>>25220543
It isn’t a predictor its a leaker you tard. its literally news before it happens - rumors yes - but rumors THAT HAVE A TRACK RECORD OF ALL COMING TRUE

dyor i wont spoonfeed you faggot

>> No.25220645

If this guy is legit high chance someone like Zeus just "leaked" it to him

>> No.25220657

>>25220569
Yes he needs his lawyer fees. Sir Gay of Nazarov will leads us to the promised Cayman Islands. Home the faith. Hell rename them the Sirgayman Islands and that's where the yacht party is.

>> No.25220702
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25220702

>>25220617
>Leak
>My dad works at Nintendo, trust me!

>> No.25220703

>>25220617
oh fuck off you stupid shit eating cunt, I checked several old posts from this account and all of it was nonsense, they also claimed LINK team were going to dump all their tokens back in 2019, just fuck off and something better to do with your time, actually better yet - post a picture of your short position on chainlink

>> No.25220744

How many things have this fella leaked? How many has turned out true and how many false?
My guess is that his track record isn't that great since no one has given any examples yet

>> No.25220763

>>25219400
>chainlink goes on a little pump
>sergey goes on a massive dump
>zeus goes on a fud dump

every time.

>> No.25220782

I love this fud.
I added to my stack at 40k sats and 39k sats.
Thanks OP

>> No.25220792

>>25220617
Show one example of a leak from this source that came true, I’ll wait...

>> No.25220838

>>25220792
>>25220703
>>25220702
I own 12k LINK

>> No.25220846

>>25219929
yeah dont worry about it bud its just the difference between you being a thousandaire and a zeroaire

>> No.25220853

>>25219400
Sloppy job Simeon

>> No.25220878
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25220878

>>25219400
HOLY FUCK NO WAY
JUST BOUGHT 100 LINK THANKS OP!

>> No.25220894
File: 1.54 MB, 2871x2826, No Remorse - Deutschland - 5.jpg [View same] [iqdb] [saucenao] [google]
25220894

>>25220838
>Still holding
Guess you still trust Sirgay-kun, then?

>> No.25220895

Just sold my links bros.

I imagine this FUD will drop it just a little. I bought at 10.70, but if we drop to the 9.5 range i can go back in.

Keep up that fake SEC shit, OP.

>> No.25220903

NOOOOOO, MY STINKY LINKIES NOOOOOOOO!!!!

>> No.25220912

>>25220838
You claimed multiple times source has gotten everything right yet have not provided a single example of what he got right. Also don’t care how much link you own

>> No.25220914

>>25220838
You can make it 12,100 if you provide proof of a core Chainlink team member making any of the following representations at any time in the last 3 years:
>Chainlink tokens are an investment
>Chainlink tokens will go up in value
>You should buy Chainlink tokens.
100 LINK bounty, have at it anons. You'll also be the hero who provided the golden bullet to the SEC.

>> No.25220925

>>25220838
sure ya do pal, post your address and make a timestamped message, I'll wait

>> No.25220948
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25220948

>>25220912
>>25220914
>>25220925

>> No.25220974
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25220974

>>25220617

>> No.25220989

>>25220563
Buy LINKBEAR Token

>> No.25221000

>>25220948
Telegram spamming fud as we bull flag following a big pump this morning.... I wonder what happens next

>> No.25221013

>>25219400
>THE SOURCE HAS GOTTEN EVERYTHING RIGHT SO FAR AND IS REPUTABLE
What's the point in saying that without posting a ink to the source? it's just another 'bro, trust me'.

>> No.25221025
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25221025

>>25220289
>doesn't know this is 4channel, not 4chan

>> No.25221035

>>25219400
https://www.cryptoratingcouncil.com/asset-ratings
link scores a 2 while your xrp scores a 4 kek
not buying your bags

>> No.25221055

>>25219400
Show me your short position then faggot

>> No.25221063 [DELETED] 
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25221063

>> No.25221071
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25221071

>>25221025
(((You)))

>> No.25221086

I'm all in LINK and I want this FUD to be true because I want more $6 LINK

>> No.25221091
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25221091

>>25221000

>> No.25221110 [DELETED] 

>>25221035
>BTC Rating: 1.0
>ETH Rating: 2.0
>EOS Rating: 3.75
>XRP Rating: 4.0
Top fucking kek, who scores this shit?

>> No.25221163

>>25220914
that doesnt fucking matter

>The chainlink team completely controlled the LINK token, which they sold for money
>the value and utility of the token is completely dependent on the work Chainlink team
>people are buying the LINK token on the speculation that it will increase in value
>the chainlink team STILL TO THIS DAY controls a majority of the tokens
>the chainlink team spends money advertising the project
>the chainlink team shills 'partnerships' which are often suspicious and possibly fake

You really think all its going to take to get out of selling a security is 'lol we didnt make any promises!'. If XRP gets blown the fuck out, Chainlink is next.

>> No.25221188

>>25221035
>>25221110
Sorry, never mind. I misunderstood what the scores mean.
>Each question in the framework is assigned a points-based weighting to reflect its relative importance, the sum of which create scores for each Howey factor. Those scores are then scaled into a final rating between 1 and 5. A score of 5 results when an asset appears to have many characteristics that are consistent with the Howey-test factors. It is probably more likely, relative to lower-scored assets, to implicate the U.S. securities laws. A score of 1 results when an asset appears to have few characteristics that are consistent with the Howey-test factors. It is probably less likely, relative to higher-scored assets, to implicate the U.S. securities laws. Scores are scaled; a score of 4, for example, does not mean that four prongs of the Howey test are met. A score above the median asset rating does not mean there is a 50% or greater possibility of classification as a security.

>> No.25221295

>>25221163
true

>> No.25221320

>>25221188
xrp schizo here youre gonna drop hard when the announcement comes out expect a 60% dump.

>> No.25221329

>>25221163
>>The Graph team completely controlled the GRT token, which they sold for money
>>the value and utility of the token is completely dependent on the work Of the Graph team
>>people are buying the GRT token on the speculation that it will increase in value
>>the Graph team STILL TO THIS DAY controls a majority of the tokens
>>the Graph team spends money advertising the project
>>the Graph team shills 'partnerships' which are often suspicious and possibly fake

>> No.25221373

>>25219400
>A telegram screenshot

You pajeets aren't even trying anynore are you?

Get the fuck away from my linkies, I'm not selling

>> No.25221378

>>25219400
Guess that rope really was my best investment. See you all in hell

>> No.25221390

>>25221329
GRT is probably fucked too depending on how aggressive the SEC becomes.

You realize the value of your holdings is going to be in the hands of some boomer judge with no background in computer science, economics, or engineering?

>> No.25221455

>>25221390
My point is you can insert pretty much any alt into your statement, it not about link. According to that logic everything in crypto is screwed

>> No.25221502

>>25221163
Chainlink is registered in the Caymans, the ICO was forbidden from burgers, and the team has literally never discussed the price of the token.
And just because some people illegally participated in the ICO as a US residents doesn't make Chainlink a security either.

>> No.25221575
File: 468 KB, 871x838, Screenshot_2020-12-27 Crypto Founder Faces 10 Years in Prison.jpg [View same] [iqdb] [saucenao] [google]
25221575

>> No.25221611
File: 157 KB, 439x453, Screenshot 2020-09-05 at 13.19.02.png [View same] [iqdb] [saucenao] [google]
25221611

>>25221455
Bitcoin, Litecoin, ethereum would be safe. But any newer projects that recently relied on a ICO and have a central development team which control a majority of the tokens/coins would be fucked. I at least acknowledge how bearish this is and therefore only a small portion of my crypto portfolio in alts (including LINK). Many here are 100% in crypto and 100% in LINK., these people are risking getting bogged hard.

>> No.25221668

>>25221163
>If XRP gets blown the fuck out, Chainlink is next.
XRP controlled company, ripple labs, is a US entity. Chainlink controlled company, smartcontract is not. It's literally that simple.

>> No.25221690

>>25221611
What is even the point of SEC if this is the case? Aren't they just doing more damage than good if they decide what people can and can't buy instead of just letting investors choose themselves

>> No.25221697

>>25221455
This nigger tier fud worries me about as much as Mobius fud back in 2017, but if by some small chance some uppity congressman or judge tries to yank my golden ticket to freedom from me I will become destroyer of world's. I'm talking about becoming a Minecraft legend.

>> No.25221714

>>25221668
They sold to US customers, doesnt matter

>> No.25221724

>>25221502
None of that matters. If the SEC looks at how the project is structured, says its a security, and a boomer judge agrees with them then that shuts the entire US market out. Other US lapdog countries will likely follow and the project would either die or lose a significant amount of steam.

>> No.25221742

>>25221668
bitmex is a non-US company and it didn't matter

>> No.25221755

Link is fine. SEC got their prize in XRP. Rest of crypto is safe for at least another 18 months.

>> No.25221778

Bullish for tellor

>> No.25221841

>>25221690
Uhm sweaty the governments secret goal is picking winners and establishing monopolies wherever they don't receive enough pushback from competitors. You think crypto people / devs are a good competitor? Spoiler alert: they are not.

>> No.25221884

>>25221690
It's to protect (((investors))) and yes it will do more harm than good. Some powerful people loathe the idea of decentralization though and would be glad to use this excuse as a weapon.

>>25221668
That really doesnt matter. Being unable to transact or use chainlink in the USA would be devastating.

>> No.25221941

>>25221884
I'm sorry but I believe your posts don't really matter.

>> No.25221945

>>25221714
No they didn't. They even went out of their way to NOT sell to US customers by means of requiring they use a VPN to bypass it in their private sale. But you would know this if you weren't a fudding newfag.

If US residents want to break the law that's on them. Has nothing to do with smartcontract, i.e., chainlink

>>25221742
I mean, it should go without saying that acting as a financial institution, i.e. exchange has extremely stringent and different laws that literally any other company. And they haven't been hit with US related laws so far just global money laundering laws.

>> No.25221992

>>25221884
>in the USA would be devastating
...for the US

or have you really not been here for long enough to understand that no single government has the power to ban crypto? Best case scenario if they do is they are left out of the 4IR. Worst case scenario is their citizens just don't comply (like with covid) and there's not a damn thing they can do about it.

>> No.25222007

>>25219400
Heard about this coming from the Zeus capital guys. I can’t imagine how rekt they are after this pump today

>> No.25222051
File: 566 KB, 1878x1396, 1608805869017.png [View same] [iqdb] [saucenao] [google]
25222051

>>25221163
Look at all this cope.

The only thing that matters to the SEC is the Howey test.
Link passes it, Ripple does not.

>> No.25222160
File: 384 KB, 820x424, Screenshot 2020-11-17 at 22.40.16.png [View same] [iqdb] [saucenao] [google]
25222160

>>25221941
Whatever, I don't care if you want to be willfully ignorant of the things happening around you.

If you are going to stay balls deep in LINK I would be watching the Ripple case very closely if I were you. Everything may end up okay but you could get the bogging of a lifetime too.

>> No.25222191

>>25221163
>that doesn't fucking matter
oh, but it does, anon
>the Howey Test determines that a transaction represents an investment contract if "a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party,"
>is led to expect profits
>is led

You seem upset, I know your Discord probably stayed up all night planning this one, and it has fallen apart straight away, but there's always be a next time. There'll always be another lenocineum.com kek.

>> No.25222194

I was considering selling my 50k stack of Linies earlier. Came on /biz to see what the general opinion was. Seems everyone is saying we should hodl. Only a few weak fud posts, nothing impressive. Gonna hold. Thanks guys. Back in January.

>> No.25222216

>>25222194
>selling before the 4th industrial revolution
lmao

>> No.25222287

did zeus capital pay for this fud? it sounds like something those chuckleheads would come up with

>> No.25222305

>>25222191
this would mean I can sue mcdonalds because my half eaten big mac didn't increase in price, and just became moldy because a third party told me the Big Mac would increase in price

>> No.25222306

HOW DO I MAKE Money from thS?
thank you sirs

>> No.25222365

>officially investigating
>Requested information
>According to advisors

You can't even create a consistent story for your single sentence FUD.

GTFOH

>> No.25222468

Aaand just like that the discord/telegram faggots are completely out of steam, lmao. Better luck next time.

>> No.25222470

weak hands, weak fud. try again nolinkers

>> No.25222497

>>25222051
You realize how bad this looks? Chainlink and many alts clearly satisfy 3 of those criteria. The one you've underlined (is led to expect profits) could be successfully argued given the amount of rampant price speculation (even if its not from the chainlink team itself) and price manipulation in the space. It's going to come down to the opinion of an old judge.

Also the Howey test is 70 odd years old from a time when computers werent even a thing. This kind of stuff is frequently updated in new landmark cases (like the XRP one if it goes to court). Hold on to your pants.

>> No.25222540

damn sec fud is trendy right now

>> No.25222557

>>25222497
>The requirement that the project led investors to expect profits could be circumstantially inferred from the fact that the project never led investors to expect profits
we've got a legal genius from discord over here, lmao

>> No.25222588

>>25222540
The SEC is investigating your post.

>> No.25222598

>>25222497
You have little understanding of the law if you think that the public speculating on something is the same as the developers shilling the token's value.
Rubbish fud, anon. Wasting yr time.

>> No.25222619

>>25222497
if i buy star wars toys becuase some collector tells me i can sell them for a higher price later, does that make baby yeed plushies a security?

>> No.25222813

>>25222557
>>25222598
LOL and who exactly are you guys? Securities law experts? or blinded retards emotionally attached to your investment? Have you already imagined your life after you 'make it' with Chainlink by chance?

The SEC itself and their lawyers clearly think they have a case against XRP, which is largely similar to how Chainlink is structured. If you dont see any risk then LOL.

Keep in mind I own LINK and alts, so i'm not brainlessly FUDing. I'm a stoic constantly analyzing my environment so I can come out ahead.

>> No.25222944

>>25222813
I did study law, and I know that when you have a series of requirements to pass a certain legal test, and something doesn't meet all of those requirements, then it doesn't pass.
And when you have XRP who clearly and unequivocally led investors to expect returns, vs Chainlink who literally never have even come close to ever doing so, that muh SEC fud is retarded.
You're the one speculating on "What if they completely restructure the Howey test to replace representations from the company, with market behavior?"
Yeah what if they cook up brand new laws, anon? What if.

>> No.25223030

>>25220343
The form he's holding can be partially read, can someone try to read that? All I can make out is -sation or -dation and a floral looking stamp

>> No.25223148
File: 235 KB, 1508x1282, Screen Shot 2020-12-28 at 9.41.01 am.png [View same] [iqdb] [saucenao] [google]
25223148

>>25223030
Fucking kek it says "Application for Immigrant Visa and ___ Registration"

>> No.25223174

Priced in already

>> No.25223181

>>25219817
On a random telegram followed by 1500 bots, why are you asking

>> No.25223267

>>25223148
His skin tone and hair texture look Pajeet, fingernail shape too..we could take it to /pol/ and let them have fun with it

>> No.25223301

>>25222619

Thanks I'm sure SEC will be sure to consider your strawman arguments on a Korean animated froglet pegging site

>> No.25223314
File: 56 KB, 530x749, page_1_thumb_big.png [View same] [iqdb] [saucenao] [google]
25223314

>>25223148
This is the form

>> No.25223355

>>25223314
>posting LINK SEC fud to pay for your immigration application
We live in a meme reality on a meme timeline, I hope you're all enjoying the show.

>> No.25223379

>>25222944
Did you "study" law or go to law school? From the SEC's complaint which you should really read.

>The definition of a “security” under the Securities Act includes a wide range of investment vehicles, including “investment contracts.” Investment contracts are instruments through which a person invests money in a common enterprise and reasonably expects profits or returns derived from the entrepreneurial or managerial efforts of others. Courts have found that novel or unique investment vehicles constitute investment contracts, including interests in orange groves, animal breeding programs, railroads, mobile phones, and enterprises that exist only on the Internet. As the United States Supreme Court noted in SEC v. W.J. Howey Co., Congress defined “security” broadly to embody a “flexible rather than a static principle, one that is capable of adaptation to meet the countless and variable schemes devised by those who seek the use of the money of others on the promise of profits.” 328 U.S. 293, 299 (1946).

importantly

>Congress defined “security” broadly to embody a “flexible rather than a static principle, one that is capable of adaptation to meet the countless and variable schemes devised by those who seek the use of the money of others on the promise of profits.” 328 U.S. 293, 299 (1946).

If you actually have a law degree and are a lawyer, you should ask for your money back. Read the SEC complaint here:

https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf

And see that so much of the SEC is attacking XRP for also applies to chainlink.

>> No.25223407

>>25222287
Yes they did lol

>> No.25223449

>>25223301
you should look up the difference between a strawman and an analogy

>> No.25223568

>>25221724
Oh I get it, you don’t actually care about reality or facts.
You’re just here to stir shit up.
Best of luck to you and your telegram group moshe!

>> No.25223575

is this the thread to laugh about XRP?

>> No.25223619

>>25219400
HOLY FUCK ITS TRUE SELL EVERYTHING!!!!1

>> No.25223668
File: 494 KB, 387x305, 1490197066986-f4d.gif [View same] [iqdb] [saucenao] [google]
25223668

>>25223355

>> No.25223674

>>25223379
>And see that so much of the SEC is attacking XRP for also applies to chainlink.
>so much of
>not all of

>> No.25223699

>>25223568
What on earth are you talking about. Just because a company is incorporated in the cayman islands, doesnt mean the token they control and sell is not a security. The fact is they sold tokens with the intent of raising money for the further development of the chainlink project. It doesnt matter if americans couldnt participate in the ICO. The token itself could still be considered a security by the SEC and any unregistered re-sale within the US could be illegal.

When did /biz/ become so full of brainlets incapable of discussion.

>> No.25223746

>>25223674
If you actually read it (you clearly havent) and think that none of it at all could potentially apply to Chainlink you are absolutely retarded.

>> No.25223775
File: 631 KB, 2310x1786, xrp ripple security.jpg [View same] [iqdb] [saucenao] [google]
25223775

>>25219935
I fud link regularly and even Ill admit, they said its going to be the price of a coffee. Thats the opposite of saying theres an expectation of profit.

Unlike the Jew banker coin. I dont hate anyone who holds link, I love you all. t. ltcbro, but XRP holders are complicit in an attack on us all, they should get an oven.

>> No.25223777

>>25223379
>https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf
Thanks for the link, anon, interesting shit to dive into. Makes XRP look pretty fucked.
Chainlink is a waaaay longer bow to draw on the jurisdiction and venue front, although I know the "interstate commerce" clause is basically a scam to allow for jurisdictional overreach, and they've invoked it in this case. Not that they need to, as Ripple has an office in NY and Garlinghouse has made representations there, so if they did go after Chainlink they would have to rely on interstate commerce alone which is more of a stretch.

But again, XRP are cucked in a ton of ways that don't apply to Chainlink at all. XRP is an American entity that took legal advice not to continue to represent XRP as an investment, and did so regardless.
Chainlink is an overseas entity that made no representations about being an investment at any time.

I completely concede that the quote you linked about Congress' broad interpretation of security could be expanded to cover more digital assets. An extremely hostile SEC COULD try and take on LINK, but it would be a much more challenging case than XRP.

And from more of a realpolitik standpoint I look at how valuable LINK is to the bad guys (JP morgan, SWIFT etc) and that's a pretty strong guarantee that they're not going to tank a product that they've nurtured and plan to profit from.

>> No.25223809

>>25223746
I didn’t say none of it applies, just like you are not claiming all of it applies...

>> No.25223859
File: 2.53 MB, 368x349, 1576474007988.gif [View same] [iqdb] [saucenao] [google]
25223859

So, this fud is just xrp normies raging and crying
>but mom it's unfair if we get punished how isn't chainlink punished too? Is it because you love it more?

>> No.25223964

>>25223859
Yea I think its safe to say that muh XRP army brigade shilled the SEC in spite to have link investigated. They probably come up with the conclusion its not a security.

>> No.25223987

>>25219400
literally zeus capital fud
imagine trading off tg "tips"

>> No.25224015

Remember when I said that whenever LINK hits rock bottom on /biz/ sentiment the next ATH pump is near? Here we go.

>> No.25224050
File: 175 KB, 769x656, e7269d1c159fcb9c.png [View same] [iqdb] [saucenao] [google]
25224050

OP could post shorts I Wonder why he doesnt

>> No.25224070

>>25224015
That and the scam wick down to $8 the other day

>> No.25224103

>>25224050
if everyone posted their shorts here everytime you would neck yourself.

>> No.25224142
File: 18 KB, 262x199, biggest brainlet.jpg [View same] [iqdb] [saucenao] [google]
25224142

>>25220171
>IEO leaks
>Unironically placing full faith in an obvious anonymous FUD/manipulation tg channel

>> No.25224149

>>25223777
Checked and no problem. If you read the filing the SEC is literally diving into old reddit posts where Ripple people discuss the potential of the price of XRP to increase and are using this as proof that they lead investors to expect a return. If a judge agrees then any project that touts price (or even the size of their ecosystem growing) in the future could be at risk. A fuck tonne of altcoin projects have done this.

Maybe Chainlink hasnt done this as badly as Ripple, but I still see it as a risk. If anyone on the Chainlink team has ever discussed the price of the token they should be purging that discussion from the internet right now. Also the SEC is absolutely grilling XRP for owning most of the tokens and being completely in charge of the success of the project, these two things definitely also apply to Chainlink.

>> No.25224221

>>25224103
You are right my would anyone prove they act on their fud with a simple screenshot and pur their money where their mouth is when it is much simpler to spew nonsense with nothing on the line

>> No.25224240

>>25224142
The picture the "leaker" posted to twatter has him holding his immigration form, not joking, look for it a few posts up

>> No.25224271
File: 125 KB, 947x859, enigma sec security howey expectation of profit.png [View same] [iqdb] [saucenao] [google]
25224271

>>25222497
A lot of things do, including things like currencies.
That "expectation of profit" requirement is what separates currencies from securities.

>The one you've underlined (is led to expect profits) could be successfully argued given the amount of rampant price speculation
No.
The company has to explicitly say profit is to be expected just from holding.

Ripple did this constantly.
So did shit like Enigma, see pic.
Notice how the SEC looks for explicit language to meet the Howey test.

Meanwhile projects like ETH are explicitly cleared by the SEC, because they never promised future price increases.
Nor did Chainlink.

>> No.25224283

>>25224149
>people discuss the potential of the price of XRP to increase and are using this as proof that they lead investors to expect a return.

Fribeiro was shilling LINK 24/7 with "announcments" and "big news" tweets all the time.

Oracle Q3 with Ian shilling.

Staking, promise this, promise that, radio silent.

I guess if you are in 36th penthouse in Brooklyn Ave next to Empire State Building , SEC is finally like "wait the minute, how this russian coder got there and where's our fuckin money".

If you fuckin idiots think regulation isnt coming to crypto just because they are registered in different country, but still operating and having HQ in USA, you are brainlets.

2021 will be regulatory purge, and 2020 is the prequel - first Hayes, then XRP, then all of those fuckin scams will be purged.

If you think some fat fuckin dude like that lead of Monero can say out loud that they provide untraceable code to move money around the country of United States without a cut to big boys- you either get Epsteined or Pirate Robert'd.

>> No.25224306

>>25224149
>If anyone on the Chainlink team has ever discussed the price of the token they should be purging that discussion from the internet right now.
I've been following LINK since ICO and have never seen anything even approximating a price discussion from anyone in the team. I think they were very intensively coached from day 1 to steer clear of that, and now we're seeing why.
I appreciate that there is more overlap than I was originally giving credit for, but I also think that there are a number of critical factors that keep Chainlink safe for now.

There is always scope for a step up in SEC hostility though, I would never rule it out.
I mean, I look at things like cryptographic proof of reserve, and how you couldn't have had the 2008 housing crisis with it in place, then I consider that the people in charge profited from that crash, and wonder if maybe they will try and sink the whole crypto ship to keep scamming after all. It's a non zero possibility but I think the carrot of a smart contract future is too tempting.

>> No.25224383

>>25220782
I might start calling you ‘39 sats’.

>> No.25224388

>>25221163
>Google team completely controls ad placements, which they sold for money
>the value and utility of the ad space is completely dependent on the work [of the] Google team
>people are buying Google ad space now on the speculation that it will increase in price later
>the Google team STILL TO THIS DAY controls a majority of the ad space
>the Google team spends money advertising the project to get more users
Sorry Chainlink made a useful token for which you lacked the foresight to purchase

>> No.25224400

Why do people go out of their way to bash Chainlink? Poo in the Loo pissed his shitty ERC20 token blew monkey balls?

>> No.25224412

>>25224221
Why would anyone bother proving anything? If anything bots would post screenshots all the time to make you sell dumbass.

>> No.25224433

>>25224400
people are tired of being spammed for years

>> No.25224465

>>25224149
>Also the SEC is absolutely grilling XRP for owning most of the tokens and being completely in charge of the success of the project, these two things definitely also apply to Chainlink.

Except they don’t. Chainlink owns 30% of the tokens. 35% are allocated to node operators and 35% were sold during ICO. You are claiming Chainlink owns the allocation for node operators when in reality they are just a custodian. Also, as the Chainlink network is decentralized, they are not completely in charge of the success of the project.

>> No.25224469

>>25224433
There is more fud than shill posts and has been for a long time. If people were sick of LINK they'd just stop fudding and discussion would almost stop.

>> No.25224498

>>25224433
Only you are sir

>> No.25224510

>>25221611
>ethereum would be safe
how the fuck would ethereum be safe in a world where chainlink is not?? it literally ICO'd (to Americans too) and kept control of the vast majority of the tokens under a centralized entity (ethereum foundation), which is still the situation even five years later

>> No.25224624

WTF I JUST SOLD ALL MY XRP AND NOW THIS PROJECT TOO?!

FUCK THIS SPACE

>> No.25224802

>>25224465
Yeah, and most of Ripple's tokens are in 'custodianship' too.

I dont know how you could have your head in the sand this hard. From the SEC:

>Economic Reality Dictates that XRP Purchasers Have No Choice But to Rely on Ripple’s Efforts for the Success or Failure of Their Investment
>Reasonable investors accordingly understanding that Ripple has the economic incentive and capacity to undertake efforts to promote XRP and the XRP Ledger, which would serve Ripple’s economic interest and that of all XRP owners equally.
>The economic reality is that reasonable investors are speculating that Ripple has the incentive and potential to create demand for XRP. XRP investors are betting that Ripple may yet solve Garlinghouse’s “trillion-dollar problem,” and they will profit as a result

Like fuck. So much of this could be swapped out for LINK. The SEC could just as easily say that 'Reasonable' investors in LINK understand that Chainlink has the 'economic incentive' to create demand for the LINK token and that investors are betting that Chainlink may yet solve the “trillion-dollar oracle problem,” and they will profit as a result.

>> No.25224858

>>25224802
It's still a bigger stretch, anon. As I said above XRP were given explicit legal advice to stop making representations it was an investment, but continued to do so.
I've acknowledged that there is some overlap, but it's still a way more tenuous case against Chainlink.

>> No.25224899

>>25219817
He's got insider info cause he's super connected like in some spy movie or something.
Trust me bro

>> No.25224948

>>25222598
IVE ALREADY LOST FIVE FIGURES ON THIS PORJECT YOU PIECE OF SHIT!

>> No.25224979

>>25224802
The big flaw I see in this logic is that the SEC thinks that crypto exists for "reasonable" investors. I just pick the ones you that the 'jeets shilling here have the funniest frog pictures next to, then I dump half my paycheck in 'em.

>> No.25225034

>>25224412
>Imagine selling because of a picture
>Imagine selling
ngmi

>> No.25225673

>>25223775
Get the fuck out of here. The price of coffee was a fucking meme. You never read the white paper. GET OUT

>> No.25225718

>>25219935
"we're all going to...make it" - Sergeant Nazarov, Soibos twenty 18

>> No.25225942

>>25224802
Except with XRP all of that has been stated and with LINK it's all just speculation

>> No.25225989
File: 52 KB, 318x308, 1596979492128.png [View same] [iqdb] [saucenao] [google]
25225989

kek
chainlink isn't even relevant enough to be investigated by the SEC
SEC be like linkwho?

>> No.25226132

>>25224283
>Fribeiro was shilling LINK 24/7 with "announcments" and "big news" tweets all the time.
As a representative for the Oracle Corporation, not chainlink. I guess SEC should sue Larry Ellison.