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Old 01-19-2025, 07:40 PM
shovelquest shovelquest is offline
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oh wow so its legal to do that for crypto? Daaaaaamn. I hope someone deny depose delays her then. Or is that not cool to do to literal scammers if they're cute?
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Old 01-19-2025, 07:47 PM
Ekco Ekco is offline
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Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]
oh wow so its legal to do that for crypto? Daaaaaamn. I hope someone deny depose delays her then. Or is that not cool to do to literal scammers if they're cute?
yeah i think you have to pretend to be a legit company doing stuff like that sam bankman-fried kid. he setup a hedge fund to invest INTO crypto then defrauded all the investors.

just making a coin, and selling your share of it that was created out of thin air, thus tanking the price of the coin isn't illegal at all.
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Old 01-19-2025, 07:59 PM
shovelquest shovelquest is offline
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Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]
yeah i think you have to pretend to be a legit company doing stuff like that sam bankman-fried kid. he setup a hedge fund to invest INTO crypto then defrauded all the investors.

just making a coin, and selling your share of it that was created out of thin air, thus tanking the price of the coin isn't illegal at all.
God damn 1930 is totally coming again isnt it.
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Old 01-19-2025, 08:12 PM
Ekco Ekco is offline
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Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]
God damn 1930 is totally coming again isnt it.
eventually, but ive been waiting for it for years and BTC is currently at 101,080.20 USD

i'm tired of calling the top and being wrong so i'm just gonna keep watching, and judging humanity
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Old 01-19-2025, 08:43 PM
shovelquest shovelquest is offline
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HAWWWWWWW-K

TUA'D!

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Old 01-19-2025, 09:24 PM
NopeNopeNopeNope NopeNopeNopeNope is offline
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The secret doctors and banks don’t WANT you to know:

Don’t buy shitcoins. Ever

That being said, Trump coming out with a meme coin if it’s true is pretty bonkers. As Coffeezilla said about it “it [him being the pres] being a conflict of interest is an insult to other conflicts of interests” or something like that

But I hadn’t followed it much. Was focused on IRL race stuff
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Old 01-19-2025, 10:01 PM
Reiwa Reiwa is offline
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Not illegal unless he dumps? Trump dump.
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Old 01-19-2025, 10:24 PM
Ekco Ekco is offline
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the LLM is wrong, it's not securities fraud, when it isn't a security, it definitely sounds like it should be Illegal but it isn't

Quote:
securities fraud occurs when one person lies, cheats, steals, or deceits someone for financial gain involving a security
Quote:
The U.S. Securities and Exchange Commission (SEC) has spoken: Bitcoin is not a security.
what would have been illegal is if he dumped that media company stock cause it's an actual security the SEC oversees before 90 days of public trading occurred or w/e, which he didn't but he couldn't anyway it's built into the system, its called a lockup period

Quote:
What is the stock lock-up period?
A lock-up period is a designated time (usually following an IPO) during which company insiders are prohibited from selling their shares. The period aims at stabilizing stock prices and preventing market volatility
only jurisdiction they current have is
Quote:
Cryptocurrencies: The SEC regulates cryptocurrencies, including spot and futures-based ETFs for bitcoin and ether
ETFs, which is a type of stock you buy on the NYSE, you can't buy Bitcoin or buttcoin or anything like that on NYSE (yet)
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Old 01-19-2025, 10:41 PM
Ekco Ekco is offline
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in other news, bitcoin dropped 6,000 dollars in price 30mins ago on a fake Axios story about OpenAI claiming to have fucked around and made a breakthrough in quantum computing / encryption breaking

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lol.
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  #10  
Old 01-19-2025, 11:58 PM
Reiwa Reiwa is offline
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Quote:
Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]
in other news, bitcoin dropped 6,000 dollars in price 30mins ago on a fake Axios story about OpenAI claiming to have fucked around and made a breakthrough in quantum computing / encryption breaking

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lol.
God I wish that would actually happen. It will eventually.

I just wanna live to see it.

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