@korvas and @wildshark
http://coremedia.info/blockchain-news/item/881-the-sec-crashed-the-ico-party-how-will-the-fun-continuewhy is ionomy this time calling it a crowdfund and not ico? are they scared that term affects them? does this mean their past ico was naughty? do they think a name changes it? also incorporating in another country does nothing to avoid selling to usa residents you cant just pretend to be elsewhere.
lets run the howey test in that link which sec uses shall we? this is to see if its a security and should be registered.
There is an investment of money
--> yes. btc is money unless i guess you mined 100% of your stash.
It is in a common enterprise
--> profits shared multiple parties on buy backs on market etc
There is an expectation of profits
--> sure is. wildshark always goeson about earn money with ion. it'll rise. you yourself korvas keep calling it an investment that will rise
Profits are derived from the efforts of others
--> like atoms dark matter yes. its auctioned so profits come from others selling.
what are your thoughts? looking very unregistered security like to me.
My thoughts are you don't have a clue about what your talking about and are just trolling.
The fact that you don't know how the US government class BTC speaks volumes so stop trolling and file a tax return you naughty boy
so there is no expectation of a profit. btw i wont be filing a us tax return as there is no need, what with me not being a us citizen and all. you might want to though.
rick chimes in so this point must be a sore spot what considering they dont want to call it ico anymore but crowdfund. i dont believe even ionomy know their vision either they make shit up as they go. so is it a gaming coin as they initially sold to people or not? the vision as you call it has delivered 1/2 a game a broken scoreboard... an apparent api that nobody can publically download and use and might i add they spent ages rabbiting on about time taken to harden it.
so what exactly has this team delivered for all that btc? everything seems to be a wrapped up other service. the conversion coin paything was just shapeshift integrated services, skeleton i believe. im highly giessing thei ad thing is as well.
also why is there still no others devs in this hige ionomy mentioning games they are doing?
all i see is crap about masternode profits but hey get dash theres the same thing.
i find it funny too that you always say others do t understand the ionomy vision. problem is ion team never state the vision in written form... itsjust you should tead and know it. its vague cause they make this shit up as they go.
The hardcore Ionites only care about profit, any way they can get it. They don't care about games, just profit. But according to the rules, they must be giving the Team their BTC with no expectation of profit. So why all the profit talk?
And the Team realized they can't build a game for shit, so they're trying to get others to do it for them and profit off of their achievements. So again, what's the purpose of the coin? To make the paycoiner whole.
I dare anyone to state what the Ionomy Vision is. You keep telling us we don't know it, yet you won't state it and it isn't written anywhere. So how are we supposed to understand the Ionomy vision? If you're not gonna state it, drop it from your rebuttals, it has no value then.