/biz/ - Business & Finance

>>58084873
because the ethereum is not the security and the gary is the gay

>>58084873
so it'll be more secure? sounds bullish, that's why I bought anyway

>>58084873
Market hasn't processed the significance and implications this quickly. You should know by now the market isn't actually that efficient. People are at the point of just waking up with dust in their eyes and perhaps asking "wait is this just a FUD rumor"?

>Blackrock injects $100m to ETH network
>Fud assault begins
Hmmm

>>58084873

Because WEF and Blackrock dude.

>>58084873
because smart people realize this is a nothingburger
honestly the reason the price went up is because smart people are thinking "THIS is why we were dumping? LOL! buy"

>>58084949
lol if you think you would hear this news before insiders you are a fool. the fact that it's all out there now means its been priced in for days. this is why we dumped a few days ago

>>58084958
Ding ding ding

>>58085042
>>58085068
this makes sense to me

>>58085068
>>58085042

so what happens next and long term with eth? should i hold?

>>58085153
He sold? Pamp eet.

>>58084873
>Why the Ethereum is not crashing
because it is a security nigger, wait for next week

>>58084873
nobody cares

>>58084873
because everyone with a brain already knew that

because ethfags are literally retards who got hoodwinked into a scam but an weirdo autistic freak, I imagine even if the SEC makes an official statement it'll take them like a week to process it

>>58084873
Anyone whose been here more than a year is immune to this kind of post dump propaganda

ETH is the most fudded crypto of all time. Its constant. And nothing ever happens.
People are starting to become immune to pajeet scam eth killers and the fud associated with them.

In securities law, whether an "instrument" or its sale constitutes a security is variable. For instance, selling Beanie Babies with promises of returns could be seen as an investment contract, but it doesn't imply all Beanie Babies are securities.

The Ethereum Foundation's sale of Ethereum may have resembled an investment contract, but any claims against them don't affect Ethereum's security status.

Establishing Ethereum as a security would be contentious, given its similarities to Bitcoin and existing legal precedents.

Moreover, the SEC's acceptance of Bitcoin limits their maneuverability. Any potential focus on Ethereum's Proof of Stake (PoS) mechanism is unlikely to succeed, as decentralization isn't the key criterion.

The recent information request to the Ethereum Foundation doesn't even implicate them.

Overall, the likelihood of significant repercussions from this FUD seems slim.

>>58084958
Kek Ethgate talks have been happening since 2020, you just haven't been paying attention.

>>58085153
buy last night when it dipped below 3100

>>58085432 >>58085459


based reply, fortunately i've been buying eth since it was $10 so idgaf

>>58084873
Because the Court will rule it is not a security, merely that the ICO was a security offering

>>58085476
i'd also encourage you to read part 3 of http://IsEthereumASecurity.com outlining why PoS isn't a security.

Or why validators aren't a common enterprise: https://isethereumasecurity.com/AreValidatorsACommonEnterprise.html

because this is also a disproven fud and it's good to know this stuff so you can disarm their fud

>>58085502
exactly right. this is also why the price hasn't gone down, but actually up since this latest fud attempt. Smart people can see through this

>>58085153
Look what happened to SOL's price after the SEC labeled it a security, no one cares about those impotent faggots

>>58085068
Right right, just like the ETFs were totally priced in for BTC at the beginning of this year according to most of biz. It may have contributed to the dump starting days ago with some insiders, but the market as a whole is still waking up to the news. Or do ethies think it isn't bearish that it will become obvious to everyone that ETH/BTC will continue to bleed for the next year? Once ETH ETFs are officially rejected in May, the significance will still be dawning on idiot coinbase retailers. Ethies have for years wanted to pivot to competing with bitcoin on its own terms, due their older narratives about ethereum's fundamentals not working out as hoped (with it just being a shitcoin scamsino in the end not some grandiose world computer). This will be a major setback for those ethies when they realize it's not happening, and it was all just more narratives to be abandoned.

>>58085502
This is all fine and well, but will the court agree with it? Judges are dumb

>>58085751
You'd have a hell of a time getting any judge to agree ETH is a security given the caselaw. You'd be throwing out the existing precedent of more than a dozen of the most influential securities law cases around. It would be almost impossible to draw any comparison to Ethereum (as an asset) that you couldn't also draw directly to Bitcoin when we talk about the legal scope of securities laws. And given the SEC has conceded on Bitcoin, they don't have a lot of room to move here.

>>58085812
The only thing that has legal clarity is XRP, Hinman said BTC and eth weren't securities once but then the sec said it was just Hinman's personal opinion and not the secs opinion.

>>58085882
Again, it doesn't matter. The SEC APPROVED the ETH futures contract, admitting it is not an unregistered security.
If they are now arguing it is a security because of the PoW to PoS change, they are admitting it was not a security before. They are going to have a hell of a time convincing the Courts that simpling changing from PoW to PoS is enough to classify the asset itself as a security.

>>58085943
I think they will come to the same conclusion as XRP. Not a security on the open market but if the eth foundation sells it is a security.

>>58085943
>They are going to have a hell of a time convincing the Courts that simpling changing from PoW to PoS is enough to classify the asset itself as a security.
Agreed- PoW advocates claim it's a security because it's not as decentralized, but that isn't the test. The test is on efforts, and the effort of running a validator is equally akin to that of running a mining rig for all intents and purposes.

>>58084873
securitization risk is priced in

>>58084873
It cant be it has an etf
Also who cares about the usa governments

>>58085812
You make a lot of sense but I'm just so desensitized to this clown world I wouldn't be surprised if they ass pulled some reason to make it a security just because

>>58084873
because we aren't stupid, gary is just trying to make room for his buddies to buy a bunch of ether before giving it the green light

its a bold strategy

>>58084873
this
>>58085632
the sec has gone inflationary with it's market manipulation

>>58084958
Ah, the ol' switcheroo

it's down like 30% vs BTC. i'd say that's crashing.

>>58091421
how can it be crashing if the ratio has been crabbing between .05 and .06 for like 8 months

>>58084873
Because it’s all misinformation.

Newsflash, the SEC opened up investigations on almost every major L1/crypto company in late 2022 early 2023.

People only found out about ETH because of the GitHub leak, but I know for a fact that similar ongoing investigations exists for multiple other cryptos.

>>58089344
Confusing the SEC and the FED again?

>>58084873

Because only absolute retards with 0 foresight are buying crypto now, there's nobody left.

>>58084873
dunno don't care, since discovering Loaf cat i've been getting too invested on solana and shit that appears over there
good luck with your shitcoins i guess, but i would recommend y'all bitches to sell before it eventually implodes

>>58084873
It's a buy the news event

>>58084873
ETH is poised for stability thanks to its EVM compatibility, a feature shared by the DePIN project, Peaq. This compatibility offers developers unparalleled flexibility to build in either ink! or Solidity, acting as a crucial bridge to the Ethereum ecosystem and underscoring the robustness of ETH.

>>58084873
The SEC is just shaking them down before they all magically realize it's not a security (finally).