Seely's Cryptocurrency

Heggo wrote:

Is there rumors on AMC to buy cause it looks on a slide down?

Sandusky26 wrote:

I just fucked this entire thread up. I hope your happy cole seely

nskerb wrote:

Crypto and NFT stuff is such BS. All of that scene is just people trying to make money without having to do any work.

JM485 wrote:

I’m going to venture a guess that you’ve never actually taken the time to really understand how blockchain works or any of the innumerable benefits of...

I’m going to venture a guess that you’ve never actually taken the time to really understand how blockchain works or any of the innumerable benefits of crypto over the traditional banking and fiat monetary system.

nskerb wrote:

I don't need to understand it. When I see people talk about how much they have made off crypto they always tell me how much on...

I don't need to understand it. When I see people talk about how much they have made off crypto they always tell me how much on top of their initial investment they are in terms of dollars. It is just speculative gambling. The people that swear by the bitcoin know good and well that when the time comes they will be selling their bitcoin back for a value based in USD.

PS. I've never met a single soul that has admitted to losing money in the crypto scene. Coincidentally, not a single one of my buddies has admitted to getting hosed after a night at the poker table.

Whip wrote:

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the...

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the scams / fraudulent activity.

I could type out 50 paragraphs but here's my 2 pence (or cents to you lot):

- The price of cryptocurrency is likely MASSIVELY inflated by the USDT stablecoin (tether)

The company (Bitfinex/Crypto Capital) has printed $60 BILLION of these tokens with no-more than a pinky promise that they are backed by real dollars. They were caught lying and less than a few percent are backed by real dollars:

https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

Early correlation tethers printed out of thin-air & bitcoin price:



- Seely needs to very careful he doesn't fall foul of any legal issues

Many smaller token issuers are getting into serious legal troubles due to effectively listing unregistered securities

https://www.sec.gov/ICO

Definition of a security:

In doing so, the Supreme Court established four criteria to determine whether an investment contract exists. An investment contract is:

1. An investment of money
2. In a common enterprise
3. With the expectation of profit
4. To be derived from the efforts of others

People would be buying SEELY tokens using money into a specified entity with the expectation/hope that the value would increase as it gains in popularity from future buyers/investors.

Cole needs to be careful.

swordfish wrote:

This guy seems like he always needs attention.

Whip wrote:

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the...

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the scams / fraudulent activity.

I could type out 50 paragraphs but here's my 2 pence (or cents to you lot):

- The price of cryptocurrency is likely MASSIVELY inflated by the USDT stablecoin (tether)

The company (Bitfinex/Crypto Capital) has printed $60 BILLION of these tokens with no-more than a pinky promise that they are backed by real dollars. They were caught lying and less than a few percent are backed by real dollars:

https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

Early correlation tethers printed out of thin-air & bitcoin price:



- Seely needs to very careful he doesn't fall foul of any legal issues

Many smaller token issuers are getting into serious legal troubles due to effectively listing unregistered securities

https://www.sec.gov/ICO

Definition of a security:

In doing so, the Supreme Court established four criteria to determine whether an investment contract exists. An investment contract is:

1. An investment of money
2. In a common enterprise
3. With the expectation of profit
4. To be derived from the efforts of others

People would be buying SEELY tokens using money into a specified entity with the expectation/hope that the value would increase as it gains in popularity from future buyers/investors.

Cole needs to be careful.

crowe660 wrote:

Explain this like you’re talking to dirt bikers please.

Sandusky26 wrote:

I have no idea what the fuck you guys are talking about

1911 wrote:

#metoo

MX Guy wrote:

[url=https://racerxonline.com/2021/09/23/cole-seely-becomes-first-professional-motocross-rider-to-launch-personal-cryptocurrency]Racer X Post[/url] Interesting news. Please tell me it's not a pump-and-dump. There's been so much controversy around influencers and crypto scams. I'd hate to see...

Racer X Post

Interesting news. Please tell me it's not a pump-and-dump. There's been so much controversy around influencers and crypto scams. I'd hate to see Cole get involved in it. He has always seemed like a trustworthy dude but it's hard to trust these crypto endeavors, no matter who's backing them, at least for me. What are your thoughts?

Whip wrote:

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the...

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the scams / fraudulent activity.

I could type out 50 paragraphs but here's my 2 pence (or cents to you lot):

- The price of cryptocurrency is likely MASSIVELY inflated by the USDT stablecoin (tether)

The company (Bitfinex/Crypto Capital) has printed $60 BILLION of these tokens with no-more than a pinky promise that they are backed by real dollars. They were caught lying and less than a few percent are backed by real dollars:

https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

Early correlation tethers printed out of thin-air & bitcoin price:



- Seely needs to very careful he doesn't fall foul of any legal issues

Many smaller token issuers are getting into serious legal troubles due to effectively listing unregistered securities

https://www.sec.gov/ICO

Definition of a security:

In doing so, the Supreme Court established four criteria to determine whether an investment contract exists. An investment contract is:

1. An investment of money
2. In a common enterprise
3. With the expectation of profit
4. To be derived from the efforts of others

People would be buying SEELY tokens using money into a specified entity with the expectation/hope that the value would increase as it gains in popularity from future buyers/investors.

Cole needs to be careful.

Whip wrote:

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the...

I have been in the cryptocurrency space since 2013 - worked for an ICO company in London and spend 5-10 hours per week looking into the scams / fraudulent activity.

I could type out 50 paragraphs but here's my 2 pence (or cents to you lot):

- The price of cryptocurrency is likely MASSIVELY inflated by the USDT stablecoin (tether)

The company (Bitfinex/Crypto Capital) has printed $60 BILLION of these tokens with no-more than a pinky promise that they are backed by real dollars. They were caught lying and less than a few percent are backed by real dollars:

https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

Early correlation tethers printed out of thin-air & bitcoin price:



- Seely needs to very careful he doesn't fall foul of any legal issues

Many smaller token issuers are getting into serious legal troubles due to effectively listing unregistered securities

https://www.sec.gov/ICO

Definition of a security:

In doing so, the Supreme Court established four criteria to determine whether an investment contract exists. An investment contract is:

1. An investment of money
2. In a common enterprise
3. With the expectation of profit
4. To be derived from the efforts of others

People would be buying SEELY tokens using money into a specified entity with the expectation/hope that the value would increase as it gains in popularity from future buyers/investors.

Cole needs to be careful.

Ray_MXS wrote:

This. And wasting a shitton of the worlds energy for absolutely no reason at all. Bitcoin was supposed to be this "bank free" currency and everything...

This.

And wasting a shitton of the worlds energy for absolutely no reason at all.

Bitcoin was supposed to be this "bank free" currency and everything was supposed to be so great and free and you can use it anywhere and its the best thing in the world. We are 12 years deep at this point and all it has been doing is eating a fuckton of energy that could be used elsewhere and it isnt useful for anything.

Someone mentioned pyramid scheme and thats exactly what it is. Altcoins are even worse.

At least I believe that the Bitcoin creaters originally had good intentions and a dream of making a state/bank free currency only to have it fail to do that massively. These altcoin bullshit are just scams.

SteveUrchin wrote:

I trade green for green 😂

vtec_ wrote:

i like the idea of the blockchain and it has many purposes but all of this crypto stuff is just going to lead to a cashless...

i like the idea of the blockchain and it has many purposes but all of this crypto stuff is just going to lead to a cashless society where everyone essentially is going to be forced to live on the grid.

there will be a digital dollar/euro/etc in the future once fiat currencys go bust and the economy will be "rebooted"

just remember..if you say or vote the wrong way, they can turn off your bank account/wallet and you will be forced to starve

Sandusky26 wrote:

I have no idea what the fuck you guys are talking about