[ANN] Titanium - World's First Decentralised Cloud Services Provider 🚀 - page 40.

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: NOhardforkplease on February 27, 2018, 12:26:15 PM

What a load of bullshit. Why does hitbtc allow bar tokens to be traded when you have no right to get tbar tokens. This is an outraged shamefull means of doing bussiness. If i dont get tbars just because i bought the dip i will file a complaint at every possibility out there. Allowing trading and not getting tbars now that is a scam.

All exchanges that had BARs listed were contacted and asked to immediately stop trading BARS. Most did but HitBC didn't. Blame that on the exchange not the company.

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: benjamin123 on February 27, 2018, 11:55:01 AM

Sure, bring it. How do you know everything i've said isnt true?

Get Michael here and prove it that he's not a liar, show his revenue for EHI, his sales receipts, his tax return showing his income since he claims to have millions in revenue and prove he's legit.

we'll see who gets sued then

edit : if he does so i'll take back everything i said, and issue a formal apology.

but i dont think thats happening anytime soon

The lawyers, if they pursue you for libel, won't be looking for an apology just every dollar in your bank account and then some, as they drag out the legal case as long as possible with continuances. It doesn't matter if Stollaire is guilty of lying or not as the focus will be on your libel, your comments and your statements defaming him.
Good luck, just hoping Titanium's lawyers don't track you down.

NOhardforkplease

member

Activity: 84

Merit: 10

What a load of bullshit. Why does hitbtc allow bar tokens to be traded when you have no right to get tbar tokens. This is an outraged shamefull means of doing bussiness. If i dont get tbars just because i bought the dip i will file a complaint at every possibility out there. Allowing trading and not getting tbars now that is a scam.

benjamin123

newbie

Activity: 61

Merit: 0

Sure, bring it. How do you know everything i've said isnt true?

Get Michael here and prove it that he's not a liar, show his revenue for EHI, his sales receipts, his tax return showing his income since he claims to have millions in revenue and prove he's legit

we'll see who gets sued then

if fact WE the affected users should be considering legal action against him for this scam lol. he should be in jail

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: g.m.tyshenk on February 27, 2018, 11:45:47 AM

Quote from: benjamin123 on February 27, 2018, 11:35:27 AM

I've been speaking to some legal people i know, BAR might actually be in fact breaking SEC regulations according to this, it might actually be classified as a security token NOT utility (even though they say it is) which BAR might be in trouble for as they did not do KYC

If a token has a significant utility in the operation of the application, it may be less likely to be considered a security (since this characteristic may help the token to fail the Howey test, as discussed above). But, the reality is that utility tokens can indeed be considered a security under the definitions set forth in Section 2(a)(1) of the Securities Act of 1933 (1933 Act) and Section 3(a)(1) of the Securities Exchange Act of 1934 (1934 Act). If this wouldn’t be the case, every investment contract could just escape securities law jurisdiction simply by building in a trivial utility to the token. Imagine a tokenized share of stock, except the token also enables you to redeem it for a cat GIF.

https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

i'll be submitting a complaint with BARs name and profile and the latest incidents with BAR to the SEC and see if they have any comment

https://www.sec.gov/tcr

You do that but I doubt the SEC has time for your lameness.
The Titanium BAR is a utility token and is the only currency that can be used within The Titanium Ecosystem, to pay for products and services. In order to get passed the ICO without KYC they were already designated a utility not security by the SEC. The rules for ICOs are very strict in the US and Singapore compared to other countries.
Nice try though paid troll!

And on another point. Show your lawyer friends your voluminous telegram and bitcoin talk posts from this thread. I suspect they will tell you that you have defamed, slandered and libeled the CEO to third parties. If I was the CEO I would sue you for defamation, slander and libel. You should be more careful.

benjamin123

newbie

Activity: 61

Merit: 0

Yeap I will submit a complaint and we'll see what they say. Just because they shout its a utility token doesnt make it one. and SEC never approved them as a utility token. they just laid out the guidelines to follow between utility and security so BAR might be considered a security token after all.

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: benjamin123 on February 27, 2018, 11:35:27 AM

I've been speaking to some legal people i know, BAR might actually be in fact breaking SEC regulations according to this, it might actually be classified as a security token NOT utility (even though they say it is) which BAR might be in trouble for as they did not do KYC

If a token has a significant utility in the operation of the application, it may be less likely to be considered a security (since this characteristic may help the token to fail the Howey test, as discussed above). But, the reality is that utility tokens can indeed be considered a security under the definitions set forth in Section 2(a)(1) of the Securities Act of 1933 (1933 Act) and Section 3(a)(1) of the Securities Exchange Act of 1934 (1934 Act). If this wouldn’t be the case, every investment contract could just escape securities law jurisdiction simply by building in a trivial utility to the token. Imagine a tokenized share of stock, except the token also enables you to redeem it for a cat GIF.

https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

i'll be submitting a complaint with BARs name and profile and the latest incidents with BAR to the SEC and see if they have any comment

https://www.sec.gov/tcr

You do that but I doubt the SEC has time for your lameness.
The Titanium BAR is a utility token and is the only currency that can be used within The Titanium Ecosystem, to pay for products and services. In order to get passed the ICO without KYC they were already designated a utility not security by the SEC. The rules for ICOs are very strict in the US and Singapore compared to other countries.
Nice try though paid troll!

ysakay

sr. member

Activity: 616

Merit: 259

I bought at idex 20 daya ago. Can i do anythnig for receiving new tokens?

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: normensky012 on February 27, 2018, 11:18:04 AM

I wasn't able to purchase on your ICO. And recently I was planning to purchase BAR tokens in exchanges but I saw the news about the stolen BAR tokens. Is it okay to purchase BAR tokens now, or should I wait on forking BAR smart contract - TBAR implementation?

Do not buy BAR tokens. They are no longer supported by this project and will be worthless soon.
I would wait until TBAR replacement tokens are in place and TBAR is listed on exchanges before trying to buy TBAR tokens.

benjamin123

newbie

Activity: 61

Merit: 0

I've been speaking to some legal people i know, BAR might actually be in fact breaking SEC regulations according to this, it might actually be classified as a security token NOT utility (even though they say it is) which BAR might be in trouble for as they did not do KYC

If a token has a significant utility in the operation of the application, it may be less likely to be considered a security (since this characteristic may help the token to fail the Howey test, as discussed above). But, the reality is that utility tokens can indeed be considered a security under the definitions set forth in Section 2(a)(1) of the Securities Act of 1933 (1933 Act) and Section 3(a)(1) of the Securities Exchange Act of 1934 (1934 Act). If this wouldn’t be the case, every investment contract could just escape securities law jurisdiction simply by building in a trivial utility to the token. Imagine a tokenized share of stock, except the token also enables you to redeem it for a cat GIF.

https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

i'll be submitting a complaint with BARs name and profile and the latest incidents with BAR to the SEC and see if they have any comment

https://www.sec.gov/tcr

FlyOn35

full member

Activity: 146

Merit: 100

Quote from: normensky012 on February 27, 2018, 11:18:04 AM

I wasn't able to purchase on your ICO. And recently I was planning to purchase BAR tokens in exchanges but I saw the news about the stolen BAR tokens. Is it okay to purchase BAR tokens now, or should I wait on forking BAR smart contract - TBAR implementation?

Don't buy any BAR token from exchanges for a moment they all are useless. Even you buy After 21st 7.00 Pm you cannot participate fork and your money will be wasted.

normensky012

newbie

Activity: 238

Merit: 0

I wasn't able to purchase on your ICO. And recently I was planning to purchase BAR tokens in exchanges but I saw the news about the stolen BAR tokens. Is it okay to purchase BAR tokens now, or should I wait on forking BAR smart contract - TBAR implementation?

fulcare

sr. member

Activity: 588

Merit: 254

Quote from: coindrops on February 24, 2018, 11:01:22 AM

Quote from: fulcare on February 24, 2018, 09:45:37 AM

I don't think so. They have been transparent about every single action they took and it would be sad to see this great idea being buried by some idiot hacker. We shouldn't allow for that to happen as a community.

I don't think so.. would you care to explain..They are changing their statement with every update ??

Well if you have to go for damage control you really need to consider and reconsider what the right actions are. As long as they say the funds are safe and they can deliver the promised project there is no reason to become nervous. They are not anonymous.

FlyOn35

full member

Activity: 146

Merit: 100

To be honest I don't like their Telegram admin community this is why I am asking here:

Why specific BAR holders keep getting 3 times more TBAR to their address?

https://etherscan.io/address/0x096794bb1a78e5b3eb3ccec765c43ba367673fe3#tokentxns
https://etherscan.io/address/0x1dbd397e0c53f15687726c9e0daca21fdbeeb7c7
https://etherscan.io/address/0x5e7fbb84e8c50cad423bbb64fe9aa41929c32220
https://etherscan.io/address/0x91086bac510881aa6b83441011524faaf9b009b0
https://etherscan.io/address/0x918612a2d1f78aad49f8ce3d3f5732d2c3c66274

etc.. etc..

Because I purchased this project 8k $ in ICO phase also but I am fully disappointed now with all these situation and their telegram admin group.

Highspeed123

full member

Activity: 280

Merit: 106

Quote from: MPE Project on February 27, 2018, 10:29:06 AM

Quote from: g.m.tyshenk on February 27, 2018, 10:25:28 AM

Quote from: MPE Project on February 27, 2018, 09:12:05 AM

ofc nice scam,dump tokens,tell that you wont replace tokens to those who bought them today at dip,then replace tokens to others with new ones,cool cool

Edit. : How will he know when i bought tokens,and why i wont get new one if i bought them at dip.

Issue of TBAR is essentially a fork. They have a blockchain snapshot taken at a specific block so they know who has BARS and who doesn't. I believe the cut off date was Feb. 21. Some people trying to buy BARs after the hack at a lower price due to dumping of tokens at a lower price after Feb. 21 won't get TBARs. Anyone who sold there BARS before Feb 21 won't get TBAR replacement tokens.
Basically anyone holding BARS are OK and will get TBARs. It was set out this way to prevent the hackers from profiting from dumping the stolen tokens (even if stolen BARs weee sold at a cent a piece the hacker could get $16 million). Now BARS are worthless.

so me as trader who placed a low order,and bough at dip now scammed,thats your words? as i said,its good tactic ,dump bar to trades,than say that someone stole them and we will not refund any bar for those who bought them at dip,so they are scammers. be happy to stay with this scam team and scam token.

You did not buy at a dip, you bought it after they announced that the token is now worthless and due to be discontinued. That is the risk you take in cryptocurrency trading. I am always fully aware that any trade I make could mean a loss of my money, and that the entire market could collapse at any moment. There is no guarantee or protection in crypto trading and it does not mean you were scammed. You need to be totally aware. Look into anything you buy on the exchange, check for news and look for reasons for why the dip happened in the first place.

You are many others here are making too many assumptions, dumped BAR? They were hacked, they have been transparent enough about what happened and they need time to sort things out. Don't throw around the scam word without hard evidence. Seems to me you got burnt, and are now angry about losing your money.

MPE Project

member

Activity: 122

Merit: 10

Quote from: g.m.tyshenk on February 27, 2018, 10:25:28 AM

Quote from: MPE Project on February 27, 2018, 09:12:05 AM

ofc nice scam,dump tokens,tell that you wont replace tokens to those who bought them today at dip,then replace tokens to others with new ones,cool cool

Edit. : How will he know when i bought tokens,and why i wont get new one if i bought them at dip.

Issue of TBAR is essentially a fork. They have a blockchain snapshot taken at a specific block so they know who has BARS and who doesn't. I believe the cut off date was Feb. 21. Some people trying to buy BARs after the hack at a lower price due to dumping of tokens at a lower price after Feb. 21 won't get TBARs. Anyone who sold there BARS before Feb 21 won't get TBAR replacement tokens.
Basically anyone holding BARS are OK and will get TBARs. It was set out this way to prevent the hackers from profiting from dumping the stolen tokens (even if stolen BARs weee sold at a cent a piece the hacker could get $16 million). Now BARS are worthless.

so me as trader who placed a low order,and bough at dip now scammed,thats your words? as i said,its good tactic ,dump bar to trades,than say that someone stole them and we will not refund any bar for those who bought them at dip,so they are scammers. be happy to stay with this scam team and scam token.

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: MPE Project on February 27, 2018, 09:12:05 AM

ofc nice scam,dump tokens,tell that you wont replace tokens to those who bought them today at dip,then replace tokens to others with new ones,cool cool

Edit. : How will he know when i bought tokens,and why i wont get new one if i bought them at dip.

Issue of TBAR is essentially a fork. They have a blockchain snapshot taken at a specific block so they know who has BARS and who doesn't. I believe the cut off date was Feb. 21. Some people trying to buy BARs after the hack at a lower price due to dumping of tokens at a lower price after Feb. 21 won't get TBARs. Anyone who sold there BARS before Feb 21 won't get TBAR replacement tokens.
Basically anyone holding BARS are OK and will get TBARs. It was set out this way to prevent the hackers from profiting from dumping the stolen tokens (even if stolen BARs were sold at a cent a piece the hacker could get $16 million). Now BARS are rendered worthless. If anyone is buying "cheap" BARs after Feb. 21 thinking they were going to get matching TBARs are out of luck!

MPE Project

member

Activity: 122

Merit: 10

ofc nice scam,dump tokens,tell that you wont replace tokens to those who bought them today at dip,then replace tokens to others with new ones,cool cool

Edit. : How will he know when i bought tokens,and why i wont get new one if i bought them at dip.

g.m.tyshenk

member

Activity: 392

Merit: 13

Quote from: mcfom on February 27, 2018, 08:42:37 AM

I would demand for the report to be published fro everyone's view for satisfaction. This thing will make things more better and reputation will be restored with high respect. Also BAR should be replaced by TBAR sooner as possible to clear the concerns of holders. It is really important to fix the things in shortest time.

Yes, it seems the company is doing all of these things with TBAR fork and update reports (the update posts from Queen-wiki are very good), see:

http://queenwiki.com/blog/2018/02/titanium-tbis-wallet-hacked-16million-stolen-bar-tbar-hardfork-2/

http://queenwiki.com/blog/2018/02/titanium-tbis-wallet-hacked-16million-stolen-bar-tbar-hardfork/

mcfom

legendary

Activity: 1260

Merit: 1001

I would demand for the report to be published fro everyone's view for satisfaction. This thing will make things more better and reputation will be restored with high respect. Also BAR should be replaced by TBAR sooner as possible to clear the concerns of holders. It is really important to fix the things in shortest time.

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