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Centralized Exchanges Finally Spot the Incoming SEC Asteroid by stan

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bitshares · @stan · (edited)
$107.43
Centralized Exchanges Finally Spot the Incoming SEC Asteroid
Realizing that BitShares is an agile little animal, thundering big exchanges are attempting to stamp it out before the SEC asteroid hits.  Fortunately, BitShares is strongly aligned with [Stokens,com](stokens.com), [Token Exchange Self Regulating Body (TXSRB.org)](txsrb.org) and former SEC lawyers who are making sure that transparent, decentralized, honest robots will be the lone survivors when the dust settles.

http://www.redorbit.com/media/uploads/2016/06/160227134730-dinosaurs-asteroid-stock-super-169.jpg

Today's delisting of BitShares by one silly centralized exchange facing the SEC ELE (Extinction Level Event), is the only ammo they've got.  And they just expended it like a shot in the dark.

<center>https://i.gyazo.com/3ce4b2d6a38e78eab0e17516959e17cd.png</center>

Watch what happens next, Pinky.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 158 others
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vote details (222)
@bi5h0p · (edited)
It looks to me like there's a huge, massive sale on BitShares right now. Time to gather up some tokens while they're 1/2 off !!!
👍  
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vote details (1)
@bubke ·
$0.05
Every crisis is an opportunity, wanted to get some bitshares for a while, will do it now.
👍  
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vote details (1)
@mangou007 · 
Hurry hurry :) won't be long before take off, so fasten your seatbelt !
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@bubke ·
$0.06
What is the best way now that Bittrex is not an option, through Openledger?
👍  
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vote details (1)
@droucil · 
Cheap Bitshares for everyone! Till this thing goes KABOOM!
👍  
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vote details (1)
@jcoblo · 
I think this (https://www.coindesk.com/crypto-startup-wants-you-to-trade-on-exchanges-without-trusting-them) should be incorporated in all of the centralized exchanges out there
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@jlcrypto · (edited)
$0.18
Hi @stan
You seems to know a lot about Bitshares.
I couldn't find solutions on internet for the following issue : 
I download the Bitshares light wallet, Desktop Mac version. And the Failed Sync API Server" page keeps coming even after things I have done to change the clock to match one of the API etc
DO you have any idea?
I have a great amount of BTS on Bittrex that I would like to withdraw. 
I'm in New Zealand so far (travelling). Thank you
👍  
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vote details (1)
@stan ·
$0.18
There is an easy answer if I could remember it.  Like resyncing or selecting a different node.  Ask these guys:

This is where all the experts hang out.
https://web.telegram.org/#/im?p=@BitSharesDEX
They love to help people.
► BitShares on Telegram: http://smarturl.it/btsdiscord
► BitSharestalk Forum: https://bitsharestalk.org/
👍  
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vote details (1)
@jlcrypto · 
Much appreciated for your help !! :)
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@jlcrypto · 
Hi Stan, me again, nobody is able to answer me and the admins doesn't reply on the discord app. Do you remember the easy answer in case? Sorry to bother you
👍  
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vote details (1)
@mangou007 · 
I am personally a great BitShares fan from the very beginning, you might have seen us with the bitsharesfcx.com  trying to propagate BitShares info and cryptos in general to the french speaking persons.
I think that "exchange" are in a revolving period, the centralized era is about to end, and today, fewer and fewer centralized exchange are showing big positive signs as crypto is attracting more and more attention.
This is the time for BitShares to play his game, and it has to be played well. Here we are, BitShares, with an incredible technology, which is working, and proven. It is an incredible tool that deserve much much more attention.
Following you @stan very closely and if you need any help for promoting BitShares it will be an honor to help!
Cheers, 
Mangou
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@matthewdavid ·
$0.04
I used the opportunity to buy more Bitshares!
👍  
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vote details (1)
@oudekaas · 
Physicist will be impressed when the earth starts rotating around BitShares!
👍  
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vote details (1)
@oudekaas · 
Hi Stan great post, enjoy reading about stokens, BitShares seems to be one of the few crypto working on a solid legal foundation . I wrote a post on Hero yesterday which you may like:

 https://steemit.com/steemit/@oudekaas/bitshares-coinfactory-created-a-new-frankenstein-that-turns-out-to-be-a-hero
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@preparedwombat ·
$0.05
Is there such a thing as a paper wallet for Bitshares?
👍  
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vote details (1)
@rangertx · 
Thanks for the info. I was wondering what was going on with Bittrex. Sounds like some people are getting worried about the decentralized exchanges.
👍  
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vote details (1)
@ravid ·
$0.19
Hey @stan, this whole story got me really confused. I'm not at all versed in the legal financial mumbo-jumbo so it's pretty hard on my brain. How is bitshares a security and other coins are not? Doesn't it mean that all the other exchanges (like polo) will delist bts too pretty soon? Wouldn't it be the death of bts if the only place to trade them is the dex? Does it mean that soon the SEC will ban all the ICOs except the ones that go on the compliant platforms? Isn't it logical to assume that all the cryptofans that dream of new world without banks and governments will think that "SEC compliant" = "under government's heel"? Aren't you worried about the effects of all of the above on the upcoming marketing campain that you are planning?

I would be very glad to know your opinion on this stuff.
Thanks in advance
👍  , ,
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vote details (3)
@happy-goldberg · 
i think you make a good point.
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@stan ·
$0.18
None of the things you are worried about are true.    The Bittrex Mistake will impact them far more than BitShares.  The first step is to get the TXSRB recognized as the global authority for crypto.  Then it can fight effectively for the principals we all cherish.
👍  
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vote details (1)
@simondocherty · 
Can you explain more about this SEC ELE and what it might look like and how far away you think it is likely to be?
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@safrijals · 
Good
properties (22)
authorsafrijals
permlinkre-stan-centralized-exchanges-finally-spot-the-incoming-sec-asteroid-20171007t161742411z
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@selfishinvesting ·
$0.03
Institutions are quaking in their boots. The revolution will not be centralized. Decentralized systems truly empower the individual, not just with a voice but with monetary rewards in the case of steemit, the world's first decentralized publishing platform.
👍  
properties (23)
authorselfishinvesting
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vote details (1)
@steemdiffuser · 
<p>This post has received a 6.67 % upvote from @steemdiffuser thanks to: @jbbasics. Steem on my friend!</p>

<p><a href="https://steemit.com/introduceyourself/@steemdiffuser/chello-steemit-friends-here-to-upvote-blaze-a-trail-and-crack-some-bot-like-jokes">Get Upvotes</a>, <a href="goo.gl/forms/xpEw3ydYIm4xyjZF3">Join Our Trail</a>, or <a href="https://goo.gl/forms/fdmsKYYUpFMY4OUw1">Delegate Some SP</a></p>
properties (22)
authorsteemdiffuser
permlinkre-stan-centralized-exchanges-finally-spot-the-incoming-sec-asteroid-20171004t010933625z
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@steemuwe ·
$1.34
Can't wait to watch what happens next as Goldman Sachs officially considers to trade bitcoin. The warmup phase is over. Time for the end games to really start...

All the winning team needs to do is to repeat the truth over and over until the last daydreamer has awoken from the addiction to the nightmare ;-)
👍  , , ,
properties (23)
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vote details (4)
@michaeljpsalazar · 
If Trex closes, then where should we go? Almost 70% of my coins are in the exchange. I don't want to get a hard wallet with just a penny of btc.
properties (22)
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@ufxpression · 
I also cant wait.. well said.
properties (22)
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@taspingo ·
$0.08
As major decentralized exchanges coming, centralized exchanges will loose money and power.
👍  
properties (23)
authortaspingo
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vote details (1)
@vortac ·
$0.32
https://i.imgflip.com/1wzjlq.jpg
👍  ,
properties (23)
authorvortac
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vote details (2)
@voteman · 
This is great post. thanks  @stan


For your post propagation.
Upvote/Resteem
properties (22)
authorvoteman
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