Project 1999

Go Back   Project 1999 > General Community > Off Topic

Reply
 
Thread Tools Display Modes
  #1  
Old 01-19-2025, 07:47 PM
Ekco Ekco is online now
Planar Protector

Ekco's Avatar

Join Date: Jan 2023
Location: The Internet
Posts: 2,825
Default

Quote:
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.
Reply With Quote
  #2  
Old 01-19-2025, 07:59 PM
shovelquest shovelquest is offline
Planar Protector

shovelquest's Avatar

Join Date: Oct 2019
Posts: 2,460
Default

Quote:
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.
Reply With Quote
  #3  
Old 01-19-2025, 08:12 PM
Ekco Ekco is online now
Planar Protector

Ekco's Avatar

Join Date: Jan 2023
Location: The Internet
Posts: 2,825
Default

Quote:
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
[You must be logged in to view images. Log in or Register.]
Reply With Quote
  #4  
Old 01-19-2025, 08:43 PM
shovelquest shovelquest is offline
Planar Protector

shovelquest's Avatar

Join Date: Oct 2019
Posts: 2,460
Default

HAWWWWWWW-K

TUA'D!

[You must be logged in to view images. Log in or Register.]

Reply With Quote
  #5  
Old 01-19-2025, 09:24 PM
NopeNopeNopeNope NopeNopeNopeNope is offline
Planar Protector

NopeNopeNopeNope's Avatar

Join Date: Sep 2024
Posts: 1,337
Default

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
Reply With Quote
  #6  
Old 01-19-2025, 10:01 PM
Reiwa Reiwa is offline
Planar Protector

Reiwa's Avatar

Join Date: Dec 2021
Posts: 5,124
Default

Not illegal unless he dumps? Trump dump.
__________________
A learned fool is more foolish than an ignorant fool.
Reply With Quote
  #7  
Old 01-19-2025, 10:24 PM
Ekco Ekco is online now
Planar Protector

Ekco's Avatar

Join Date: Jan 2023
Location: The Internet
Posts: 2,825
Default

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)
Last edited by Ekco; 01-19-2025 at 10:30 PM..
Reply With Quote
  #8  
Old 01-19-2025, 10:41 PM
Ekco Ekco is online now
Planar Protector

Ekco's Avatar

Join Date: Jan 2023
Location: The Internet
Posts: 2,825
Default

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

[You must be logged in to view images. Log in or Register.]

lol.
Last edited by Ekco; 01-19-2025 at 10:45 PM..
Reply With Quote
  #9  
Old 01-19-2025, 11:58 PM
Reiwa Reiwa is offline
Planar Protector

Reiwa's Avatar

Join Date: Dec 2021
Posts: 5,124
Default

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

[You must be logged in to view images. Log in or Register.]

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

I just wanna live to see it.

__________________
A learned fool is more foolish than an ignorant fool.
Reply With Quote
  #10  
Old 01-20-2025, 01:01 AM
shovelquest shovelquest is offline
Planar Protector

shovelquest's Avatar

Join Date: Oct 2019
Posts: 2,460
Default

I think the funniest thing is with hawk tuah, and Donald Trump.. We basically are saying we WANT celebs to pump and dump lol!

It's like our way of giving back to them.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 09:53 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.