XRP

[Anonymous No.25085065]

Wait so the SEC can just kill the number 3 shitcoin in a 24 hour period?

And you think BTC is safe?

[Anonymous No.25085093]

This

[Anonymous No.25085095]

>>25085065
yes.
btc fails every item on howey test.
git gud homo

[Anonymous No.25085116]

>>25085065
>price falling temporarily = coin is kill
Were people talking like this about bitcoin in 2018? fags.

[Anonymous No.25085119]

>>25085065
It was doomed from the start, everyone but the biggest copefag knew it was a security the team have paid hundreds of millions for partnerships and fake usage and they still have 0 adoption all it does is allow them to dump more of their scam token which they control most the supply of. The situation with jed alone dumping a ml usd+ most days was disastrous before all of this, this was the final straw

[Anonymous No.25085140]

Btc will die as well. All coins with no good usecases will die in the long term. 2021 is lookin bearish. You will see the big players starting to create their own stablecoins.. Tether will be sued next

[Anonymous No.25085157]

>>25085140
you're going to wind up killing yourself.

[Anonymous No.25085166]

>>25085065
U mad u stupid XRP fuck? The SEC. said years ago BTC and ETH weren’t securities

[Anonymous No.25085168]

>>25085065
Yes
No
It’s going to get ugly

[Anonymous No.25085176]

>>25085065
Crypto is still a niche idiot, there is literally no real liquidity or volume or actual people in the market, only sad bagholders

[Anonymous No.25085194]

>>25085166
they said eth 1.0 was a security. the move the 2.0 and paying of dividends changes everything.

eth 2.0 will also be declared a security. sorry

[Anonymous No.25085198]

Yeah, I just sold everything. I'll buy back in later when it's at rock bottom.

[Anonymous No.25085205]

>>25085166
Imagine thinking the SEC in amerimuttland matters for literally anything lmfao

[Anonymous No.25085208]

>>25085140
Tether has been sued since 2016 anon, every large exchange also gets sued at some point

[Anonymous No.25085211]

>>25085065
>>25085065
Who would the SEC sue?
What company owns BTC?
Are you retarded?

XRP wasn't a decentralized crypto, it was just fake money owned by a scammy company.

[Anonymous No.25085239]

The SEC can and will kill all the tokens with a company behind. 99% of them are unregistered securities. Think about the implications of this. Crypto as we know it is over.

[Anonymous No.25085263]

>>25085205
look at the entire market right now and tell me it doesn’t have an effect

[Anonymous No.25085282]

>>25085208
one time will be too many. The big playas are slowly catching up. 2021 will be the year of crypto crackdown

[Anonymous No.25085297]

>>25085263
>Entire market up 250% in the past 3 months
Newfag spotted. lurk more.

[Anonymous No.25085883]

>>25085065
SEC can't do shit to BTC. If they ban exchanges then people will just go back to local trading.

[Anonymous No.25085912]

>>25085194
Not a dividend since it's not paid out to people just holding. DPoS shitcoins might be at risk though.

[Anonymous No.25085963]

>>25085297
>implying it will continue without interruption
not a newfriend

[Anonymous No.25085982]

How do you sue btc?

[Anonymous No.25085985]

>>25085095
What's the howey test?

[Anonymous No.25085997]

>>25085982
kleros court

[Anonymous No.25086011]

>>25085116
Yeah kinda. They were blaming btc for being slow and saying other Cryptos would replace it. Everyone was emotional and hating on it

[Anonymous No.25086030]

>>25085912
The definition of ‘security’ is set out in the Securities Act of 1933. The definition includes “investment contracts,” which is typically most relevant when assessing digital assets. Whether or not a something qualifies as an investment contract, and thus a security, depends on the application of the U.S. Supreme Court’s “Howey Test.” The Howey test has three elements:

1. There must be an investment of money;
2. The investment must be in a common enterprise;
3. There must have been a reasonable expectation of profits reliant on the effort of others


>not a dividend since its not paid out to people holding
your point is to #2. however, almost everyone is staking their 32eth with companies....no one is running nodes / validators independently. This inconvenient fact causes #2 to apply as well, thus it will be deemed a "security contract"

[Anonymous No.25086046]

>>25085065
XRP is number 1 shitcoin

[Anonymous No.25086053]

>>25085065
Literally nobody gives a shit about the US, fuck off you muttoid losers. If SEC declares any crypto a security they will just go to a different country. Fuck your kiked shithole.

[Anonymous No.25086081]

>>25086053
>a fly landed on the keyboard while this comment was typed

[Anonymous No.25086122]

>>25085963
gold down 20% from ath, silver down 50% from ath. Bitcoin up 15% from ath, try harder

[Anonymous No.25086131]

>>25085065
eth and btc are decentralized, so no, you can't apply that logic

[Anonymous No.25086153]

>>25085982
You sue the exchanges
Simple as

[Anonymous No.25086167]

>>25086030
Point #3 is where it fails. You have to operate the staker. I am running my own node. Read the XRP lawsuit and you'll see how hard they are trying to hammer the point that it is ONLY through the efforts of others it will go up.

[Anonymous No.25086189]

>>25086153
ddddddddddddummy

the cftc regulates btc since its declared a commodity. buying / selling btc is legally the same as selling corn or coffee. there is no sec oversight.

die in camps dumb euro

[Anonymous No.25086205]

>>25085065
Bitcoin doesn't have a CEO

[Anonymous No.25086213]

>>25086030
>>25086167
I honestly don't care if exchanges offering staking services are considered as selling a security. I'm running my own node, and not even stretching the definition will make that a security.

[Anonymous No.25086228]

>>25086189
It takes 1 Jew to change that and include a law that makes all bitcoin illegal
Just bundle it with Corona relief extra 600 dollar bill and done
You will never win goy

[Anonymous No.25086229]

>>25086205
based

[Anonymous No.25086253]

>>25086167
So you running your own node...you aren't doing so with "the reasonable expectation of profit"

The best argument ETH can make is "we are decentralized". The biggest argument against that was "it was premined and sold".

Look, I've been in crypto since 2012. I was a grown man then....all these arguments were known and people tried to advise Vitalik on best ways to proceed. He didn't listen because of: retardation + autism.

Will ETH skate by? Possibly. Is it going to be smooth sailing? No.

[Anonymous No.25086260]

>>25086167
Nobody cares about hitting eth cause to go after it would be stifling innovation cause look at the devs and companies building on or around ethereum, xrp was an absolute sham with no adoption, zero development and clever scammy targeted marketing that was only designed to enrich the founders, sec doesn’t care about humble autistic vitalik, they do care about cripplets larping as banksters

[Anonymous No.25086272]

>>25085297
Not saying I agree with who you're responding to but you must see how retaded your response is right anon?

[Anonymous No.25086330]

>>25086053
>>25086081
In the next 4 years we are all going to watch how insignificant the US makes itself. I hate saying it more than most but America is a sinking ship and they have nothing left but a spoon to bail water.

[Anonymous No.25086347]

>>25086260
>Nobody cares about hitting eth cause
You don't seem to get it. Its actually not even about "going after eth"
Its "who regulates you".
BTC = Regulated by CFTC
the question is who should regulate ETH? Looking at facts dispassionately its hard to come up with reasons of why it shouldn't be regulated by SEC.
This is the issue.

[Anonymous No.25086381]

>>25086330
>America is insignificant
if you don't think the regulatory regimes between US-EUR work hand in hand you are a newfag.
fuck anyplace that uses common law will likely come to similar conclusions based on logic.

[Anonymous No.25086399]

>>25085065
It isn't dead, it's just weak-handed faggots selling. Take this opportunity to accumulate.

[Anonymous No.25086426]

>>25086253
>So you running your own node...you aren't doing so with "the reasonable expectation of profit"
I am doing so with the reasonable expectation of profits, through my own efforts of operating a staker.

>The best argument ETH can make is "we are decentralized". The biggest argument against that was "it was premined and sold".
>Look, I've been in crypto since 2012. I was a grown man then....all these arguments were known and people tried to advise Vitalik on best ways to proceed. He didn't listen because of: retardation + autism.
>Will ETH skate by? Possibly. Is it going to be smooth sailing? No.
All of this is irrelevant. ETH1 was confirmed not a security. ETH2 requires you to do work to get a profit, it's not a dividend. Case closed, says this not a lawyer, but neither are you.

[Anonymous No.25086434]

>>25086260
>they do care about cripplets larping as banksters
You might actually be on to something there. Eth so far is merely a tool for pajeet scammers to extract money from retards who would have spent it on lottery tickets otherwise. XRP and Flare represent a genuine threat to the status quo, though.

[Anonymous No.25086451]

Send any ERC-20 amount here i send you double.
0xf73d86B7EAb74dDdFDE0B0EC8330f0c6f1626e4B

[Anonymous No.25086519]

>>25085116
XRP cannot be compared to BTC or ETH.
XRP is centralized and its success is based on the marketing and market manipulation of the ripple company, which is facing a big issue to continue its activity.

[Anonymous No.25086553]

>>25085065
what are they gonna do, sue the CEO of Bitcoin?

[Anonymous No.25086613]

>>25086426
>ETH2 requires you to do work to get a profit
you seem to think law is autism, its not. Its shades of grey that are interpreted by people.

eth premine = security
eth premine benefiting eth foundation = security
eth being staked with others = security
running your own node/validator = not security

as I said. Eth may skate by...but its certainly going to court and certainly the SEC may wind up imposing massive changes to the "defi landscape".

How does Eth work with no defi?

[Anonymous No.25086682]

>>25086613
>eth premine = security
>eth premine benefiting eth foundation = security
Again, Eth1 already confirmed not a security by the SEC. Discarded.
>eth being staked with others = security
Good. This makes delegated staking less attractive. This would imply the delegated staking companies are offering a security, not that ETH2 is one.
>running your own node/validator = not security
Alright then.

Alright, we'll see if the SEC sues the ETH foundation.

[Anonymous No.25086929]

>>25085985
have a seat

[Anonymous No.25087019]

>>25086399
is this a real poster or a bagholder bingo bot?

[Anonymous No.25087022]

>>25085166
Rofl you trust the SEC that coddles foreign financial entities? Kys

[Anonymous No.25087043]

>>25087019
kek

[Anonymous No.25087082]

It wont kill it. Once they fill their bags it will be the standard coin and other will dump

[Anonymous No.25087156]

>>25087082
whats been stopping them from filling their bags for the past three years? and whos "they"?

[Anonymous No.25087183]

>>25087156
regulatory uncertainty

LMFAO

[Anonymous No.25087221]

>>25086682
fair enough.

here is how the noose will tighten.
* almost all defi will declared a security (uni, balancer, yield farming, etc) thus will be banned from regulated exchanges and exist only decentralized (not hosted in US)
* all non-Fed stablecoins will be banned outright (Tether, USDC, etc) only decentralized versions will remains (Dai, Ampl, etc)
* Kyc restrictions will be put in place to prevent move funds from one of the above to your KYC exchange wallet

This leaves some remnant of a ETH ecosystem, but severely hobbled. The only thing that will cruise by relatively unscathed is BTC.
Where do you think value will accrue?

[Anonymous No.25087301]

>>25087221
As long as ETH itself is legal the effects won't be disasterous imo. Regulation was always coming for defi, it's obviously illegal or at least gray area. We'll see how it plays out. I've got time, my horizon is 5+ years easy.