Is Telegram Blockchain going to be shut down?

tsaroz

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Quote from: kesmex on January 26, 2020, 10:59:40 AM

Quote from: o48o on January 26, 2020, 09:32:57 AM

Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

I don't think it's sad in any way, this just makes people dig deeper on why they can't block truly decentalized permissionless cryptocurrencies that have no CEO. This in fact should bring more value to btc and make people aware that these existing centralized currencies are in more danger to lose their value.

although the ICO of Telegram was rejected by the SEC it did not make the Telegram company close the project !, this was a regulatory issue, and they returned the funds, there was no negative thing, if Telegram was outside the SEC's control then the ICO would run

They have provided a date of October 31, they have sent an email to every investor promising to launch the TON network by that date.
What governments around the world fears is the anonymous nature of communication telegram has preached and their flexibility makes them nearly impossible to block and with their own blockchain, they'd be non stoppable in internet.

kesmex

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Quote from: o48o on January 26, 2020, 09:32:57 AM

Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

I don't think it's sad in any way, this just makes people dig deeper on why they can't block truly decentalized permissionless cryptocurrencies that have no CEO. This in fact should bring more value to btc and make people aware that these existing centralized currencies are in more danger to lose their value.

although the ICO of Telegram was rejected by the SEC it did not make the Telegram company close the project !, this was a regulatory issue, and they returned the funds, there was no negative thing, if Telegram was outside the SEC's control then the ICO would run

gweedo

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If this is true, it will surely be sad news this year. Also Libra may also be delayed and not released this year. I had a lot of hope for the market this year because of the positive news that it was about to happen, but unfortunately because things were not as I expected.

Youghoor

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People should always understand that there are alot of speculations in the crypto ecosystem and not all these speculations have valid stories to sell to the general public of the crypto ecosystem. In as much that SEC do not like the way cryptocurrency and Blockchain technology operates, does not necessarily mean that all speculations about SEC on cryptocurrency is true...

o48o

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Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

I don't think it's sad in any way, this just makes people dig deeper on why they can't block truly decentalized permissionless cryptocurrencies that have no CEO. This in fact should bring more value to btc and make people aware that these existing centralized currencies are in more danger to lose their value.

bluebit25

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Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

I still haven't heard from them. So it may be unconfirmed news, but if they return all the money to the investors and abandon the project then this will surely be a pity for me. I had high hopes for this project and wish it could help the whole market go up. I hope this news is not true, the Telegram project is huge and it will surely work if it works.

nutriagrigia

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right now I did not see any official announcement that the project will be closed. around this project, there were a lot of scammers through 2 years and maybe such news is also not true. but if the project is really closed, then we will see another bear market, because many people believed in this project. people thought it would help mass adoption

oktana

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The SEC indeed issued a ban at the beginning of this year, the telegram will temporarily disable this option and process a refund.

very unfortunate actually, because they have made several sales phases. In contrast to libra, which is still limited to announcements that are still being debated. I think if their company is in China, it might be responded to very positively and it is supported by some adjustments.

ansi

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Quote from: Roidz on January 24, 2020, 03:38:43 PM

Some information circulates that if a refund is made by liquid which is indeed one of the exchangers who have full rights to the sale of telegram tokens to investors, and this is due to the cancellation of the TON blockchain mainline launch on time and if indeed the launch will occur in the future, of course everything will return to normal in my opinion and with the cancellation of the telegram token will certainly be many people who feel disappointed and according to the problem between the telegram coin and facebook coin is the same problem as a regulation problem.

YES man, it's always about those financial institutions who don't wanna let the blockchain technology mass adopted because it will shut down their robberies of people' pockets since decades.
TON faces the same shit a Libra, they will not let such thing be mas adopted, as simple as that, it jeopardizes their banks.

ballerin and giroud

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Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

Are you serious? Honestly that is good project as long as I know in 2019. They have many fan and also their community is large such as gram asia. If I'm not mistaken gram asia is a community who try to sell gram token, right? They are admit that they a community who had a lot of token gram on their wallet.

But, there is an oddity when the owner itself never be involved to sell the gram token. Pavel durov just act normal as if he never intended to launch the Gram Token project. But it is just my opinion I don't know much about this project, only see if there is an article when I surving the internet.

TastyChillySauce00

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Quote from: Aabcde on January 24, 2020, 07:09:06 PM

Very unfortunate. Even though the hype already formed is very good for TON. You can imagine if the tokens are successful and have entered the market, the investors will definitely benefit a lot. Indeed, the SEC is the culprit.
I think in the future maybe Telegram will issue a new method in the crypto, either rebranding or something else.

Can't really blame SEC tho, they are doing this to ensure the safety of many investors and to stop an ICO like this that got overfunded just because it's telegram. Maybe in the future they should prepare better and abide the regulation so that they won't have a problem. The fact that the money got refunded is a good thing for most of investors rather than worrying that their token could be cracked down by the SEC anytime.

dataispower

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Quote from: Tduty on January 24, 2020, 02:18:19 PM

I have joined in a telegram group called GRAM ASIA where they kept sharing all the updates about SEC and Telegram. On 14th January they announced all funds will be refunded! Is that mean they are going to shut down? If yes, then this will be the saddest news of the year!

LIQUID exchange already refunded investors, and it's a clear indication that others will follow suit if not already done. I really wanted to see the outcome of GRAM blockchain, the hype was so huge hence I was expecting something massive from the social platform giant. Well, we can't conclude yet, let's see how things turn out to be.

mR.k0fka

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wow i wondered what happened to that coin
never invested in it - had a bad feeling
i really hope that all this corporated projects will fail , and instead we will build infrastructure for existing coins
ZEC could be a very good choice for Telegram app

qazgroup

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RiveMont

I do not quite understand how SEC works, i mean if they any problem they should stop the project before raising funds they seem to always jump in after everything has been completed and they just enter to ruin the party. I think SEC should come up with clear funding guidelines and procedures so that every serious project can follow them and get a noc from them so that investors and project team are not disturbed later.

Febo

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