Topic: FUD or truth? Counterparty Team warns of FinCen penalties for bitcoin companies (Read 2712 times)
October 10, 2014, 06:45:13 PM
Looks like a FUD attempt by some clowns trying to move the market down.
Remember USA is not the world.
October 10, 2014, 02:54:50 PM
the topic title is pure FUD or OP is severely mistaken. Counterparty devs never issued this warning, from the looks of things it was a random person that dropped into their IRC channel.
I just posted the thread title exactly as it was on reddit.That's it.
October 10, 2014, 02:28:05 PM
the topic title is pure FUD or OP is severely mistaken. Counterparty devs never issued this warning, from the looks of things it was a random person that dropped into their IRC channel.
More likely than not this is the case, however. It would be nice to see some concrete information one way or another.
October 10, 2014, 02:11:42 PM
the topic title is pure FUD or OP is severely mistaken. Counterparty devs never issued this warning, from the looks of things it was a random person that dropped into their IRC channel.
October 10, 2014, 01:39:02 PM
October 10, 2014, 01:20:43 PM
...
should I be worried?
should I be worried?
If you own a lot of some 2.0 coin that's dependent on US businesses for asset/share issuance on that coin's platform, or if you work for or own one of these companies, then, yeah, maybe be a little worried.
If you're just holding bitcoin, then just watch as the benefits of actual decentralization and trustlessness become more apparent (over the longer-term) to the previously wide-eyed and naive "Bitcoin 2.0" crowd.
October 10, 2014, 01:11:05 PM
should I be worried?
October 10, 2014, 01:06:17 PM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
but i am short bitcoins!
2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard. While I don't believe BTC will be the be-all and end-all when it comes to cryptocurrency. I don't see current stable of 2.0 coins being the ONE.
October 10, 2014, 12:28:30 PM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
but i am short bitcoins!
2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard. Please please please do come back and quote this after whatever scam coin you're advertising dies in a few weeks. 2.0 coins are certainly a scam, they have no uses except buying bitcoins with them. You can't buy actual things with any of the altcoins. Until the day they do, no Altcoin will ever even attempt to approach bitcoin.
October 10, 2014, 09:22:34 AM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
but i am short bitcoins!
2.0 coins ain't a scam and making that assumption is going to come back and bite pretty hard. 
October 10, 2014, 09:14:49 AM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
but i am short bitcoins!
October 10, 2014, 09:05:02 AM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
October 10, 2014, 08:54:42 AM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
2nd gen coins are mostly scamcoins (if not all)
October 10, 2014, 07:51:33 AM
Btcdrak (developer of Viacoin working with Peter Todd) confirms having heard this few weeks ago.
https://twitter.com/btcdrak/status/520548000243126273
https://twitter.com/btcdrak/status/520548000243126273
October 10, 2014, 07:34:32 AM
what about the other companies?
if bad companies/scammers then bullish
if good companies then bearish
if bad companies/scammers then bullish
if good companies then bearish
October 10, 2014, 07:30:38 AM
May or may not be truth, but clearly presented with FUDdish agenda on reddit
October 10, 2014, 07:22:38 AM
So maybe the 30k guy knew about this and sold?
October 10, 2014, 06:37:50 AM
Quote
[6:08:29 PM] taariq lewis: If you are in USA and you run a Bitcoin Business that issues tokens and you are not registered with FinCen, expect these fines to be established guidelines going forward
RIP, scamcoins.
October 10, 2014, 06:03:33 AM
*tinfoil hat* Coincidentally just as overstock announces Counterparty integrating stock exchange replica...
October 10, 2014, 05:48:52 AM
It sounds like rumors at present. Nobody seems to know if it's FUD or truth yet.
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