mistatee2000 Posted June 19, 2018 Share Posted June 19, 2018 I'm fed up too of hearing about "when Coinbase", but this is more about lack of regulation in our markets and how insider information benefits those with the contacts, which seems endemic in our market https://modernconsensus.com/cryptocurrencies/ethereum/coinbase-ethereum-classic-sec/ Quote Coinbase has been slow to add other tokens such as third place XRP token ( XRP $0.55), fifth place EOS ( EOS $10.73) or seventh place Stellar’s lumens token ( XLM $0.24). It has repeatedly stated that its reluctance is over the possibility that a listed currency might be declared a security, which would cause many legal headaches for Coinbase since it is not registered to sell securities. However, before Hinman’s surprise announcement, many in the crypto world thought that Ethereum itself—and thus Ethereum Classic—faced a strong possibility of being declared a security. I also wonder who this executive was who was quoted: Quote One crypto executive, who declined to be named because of regular business dealings with Coinbase, insisted to Modern Consensus that the timing was no coincidence. “What I find interesting is Coinbase has been vocal in saying they can’t list new assets right now because they don’t know what is and is not a security. Two days before the SEC’s public statement, Coinbase announces that they’re going to list Ethereum Classic. They must have known about the SEC decision. Otherwise, they would not have made that announcement because they would have had to be regulated as a securities exchange. It’s like, really? That’s not a coincidence. I suppose that I should keep an open mind....not. The article is a quick read, but very worthwhile GiddyUp, WhentheBoat_ComesIn, fiik and 4 others 5 2 Link to comment Share on other sites More sharing options...
fiik Posted June 19, 2018 Share Posted June 19, 2018 ssshhh brad Link to comment Share on other sites More sharing options...
XRPeteSampras Posted June 19, 2018 Share Posted June 19, 2018 "One crypto executive--for the sake of anonymity we'll just call him Gad Bralinghouse--insisted to Modern Consensus that the timing was no coincidence." mistatee2000, Deeznutz, Siniath and 1 other 1 3 Link to comment Share on other sites More sharing options...
panmores Posted June 19, 2018 Share Posted June 19, 2018 Don't forget, we "small HODLers" are just the outest layer in a well-orchestrated play with some powerful, yet hidden actors. mistatee2000 and Void-Induction 2 Link to comment Share on other sites More sharing options...
mistatee2000 Posted June 19, 2018 Author Share Posted June 19, 2018 2 minutes ago, panmores said: Don't forget, we "small HODLers" are just the outest layer in a well-orchestrated play with some powerful, yet hidden actors. I know, but if we were looking at truly regulated markets, then prison is a real deterrent and possibility for such actions. But then again the market is ONLY worth $300 billion. God forbid it gets in to the trillions without regulation panmores and GiddyUp 2 Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2018 Share Posted June 19, 2018 can we just moon already Link to comment Share on other sites More sharing options...
PG1 Posted June 19, 2018 Share Posted June 19, 2018 I believe Modern Consensus was founded by Ken Kurson who sits on the Ripple board. mistatee2000 1 Link to comment Share on other sites More sharing options...
divingman10 Posted June 19, 2018 Share Posted June 19, 2018 22 minutes ago, AlexCobb said: can we just moon already Don't post pictures of you mooning plz Link to comment Share on other sites More sharing options...
enrique11 Posted June 19, 2018 Share Posted June 19, 2018 51 minutes ago, AlexCobb said: can we just moon already Yeah, as long as we don't do it in public. Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2018 Share Posted June 19, 2018 timing of everything is suspicious with the scumbags in crypto, like when charlie lee sold PERFECTLY at the top after a suspicious litecoin recommendation appeared on CNBC who confusingly "explained" about it being used to buy Steam vouchers (oh wow news, much big, many use case!!!) which was actually through a shady third party site then you have people like roger ver, a blatant con artist, teaming up with fake satoshi... just weird at best, and even whales like barry silbert who basically copy-paste other people's code, provide basically zero use case and have al of these back-room deals going on and money sloshing about in all kinds of funds crypto is so incestuous it's disgusting... suspicious at best, heavy jailtime at worst Link to comment Share on other sites More sharing options...
fiik Posted June 19, 2018 Share Posted June 19, 2018 52 minutes ago, AlexCobb said: can we just moon already well when ya think about it xrp has already mooned from Jan 2017 ($.006) to Jan 2018 ($2.21) - 36000% or some **** aye and now its settled into LLO bobbing round until Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2018 Share Posted June 19, 2018 35 minutes ago, zerpdigger said: timing of everything is suspicious with the scumbags in crypto, like when charlie lee sold PERFECTLY at the top after a suspicious litecoin recommendation appeared on CNBC who confusingly "explained" about it being used to buy Steam vouchers (oh wow news, much big, many use case!!!) which was actually through a shady third party site then you have people like roger ver, a blatant con artist, teaming up with fake satoshi... just weird at best, and even whales like barry silbert who basically copy-paste other people's code, provide basically zero use case and have al of these back-room deals going on and money sloshing about in all kinds of funds crypto is so incestuous it's disgusting... suspicious at best, heavy jailtime at worst Entirely true about scumbags. Go to a blockchain conference and it's hard to get through one hour without having interactions with multiple people you wouldn't even want as an acquaintance pitching you shady nonsense or coming across as generally sketchy. There have been conferences with scheduled speakers and events where they may as well have just titled it "Siphoning Money From Suckers". Say what you want about Wall Street but there is (usually) enough regulation and diversification of invested parties to give it some semblance of propriety. Obviously there have been exceptions but as far as day to day operations go, that's how it is. At least in the US, until we get legal and regulatory issues sorted, the crypto market is going to remain mostly in the hands of hyper early adopters who had foresight and now outsized leverage, and a significant percentage of that group are going to be of the type with thinly veiled nefarious agendas for as long as they can get away with it. Link to comment Share on other sites More sharing options...
Guest Posted June 19, 2018 Share Posted June 19, 2018 6 hours ago, AlexCobb said: can we just moon already @justmoon left Ripple but not XRP!!! Link to comment Share on other sites More sharing options...
Still1 Posted June 20, 2018 Share Posted June 20, 2018 8 hours ago, mistatee2000 said: I'm fed up too of hearing about "when Coinbase", but this is more about lack of regulation in our markets and how insider information benefits those with the contacts, which seems endemic in our market https://modernconsensus.com/cryptocurrencies/ethereum/coinbase-ethereum-classic-sec/ I also wonder who this executive was who was quoted: I suppose that I should keep an open mind....not. The article is a quick read, but very worthwhile Link to comment Share on other sites More sharing options...
Void-Induction Posted June 20, 2018 Share Posted June 20, 2018 I think this is hilarious, yet I imagine the CEO finds it even more so. Link to comment Share on other sites More sharing options...
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