Opus just became tradeable on EtherDelta

>>3233880
>trading below ico price
>even those who got in know it's shit

>>3233880
how many coins are in circulation?

>>3233904

130M or so

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>>3233880
>buying something that passes the Howey Test and thus constitutes and illegal security in the eyes of the SEC

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ICO buyers BTFO

>>3233902
It's not though - I am up 1 ETH already.

how big's the market cap on this sucka

>>3233941
someone redpill me on this.

why can we buy stocks (securities) on robinhood but we cant buy shitcoins on etherdelta?

>>3233941
>every ico ever

>not buying opus now

This is the next train to the moon goys

>>3234331
Not if they're utility tokens, which aren't counted as securities.

>>3234297
If they classify as securities, that means additional regulation for exchanges *and* the fact that the ICO/startup might be an illegal issuer.

>>3234525
but then is buying on a decentralized exchange compliant with the law since there isn't any organization there to be breaking it?

>>3233941
They're not inherently illegal. they're illegal because they're not registered securities, and the people that buy them do not qualify to buy unregistered securities
>>3234297
the SEC thinks that all securities should be registered with them. Any security that is not registered with them, "must" qualify for an exception via Reg D, including rule 504, 505, 506b and 606c. Problem is, buyers of unregistered securities must be accredited investors. none of you pajeets are.

LOLOL

Anycoin that isn't almost immediately (1-2days) trading 2x above ICO price is a POS.

Have fun with those bags

>>3234618
It's been about an hour buddy

>>3233880
The ICO price was about 4 cents. It's selling for 5 or 6 on ED.

>>3234618
Calm down lad

>>3234618
actually it's slowly going up. On a sunday. On a red weekend.
I can see it easily going 3x by wednesday.

>>3234618
.
Thanks sold 100k

>>3234618
Monaco dropped to nearly $1 from an ico price of ≈$2.88 USD/token

>>3233880
this shit is fucking tanking kek

nice just bought 100k

>>3233880
>trading below ICO price

Why the fuck would you want to invest into something that's already failed? If the price drops below ICO then it's a dead project, period.

>>3237130

it wasnt schilled non stop on biz. there is no hype for it yet.

very low key ICO. team will be burning unsold tokens and their share. announcement is coming this week.

you've been warned.

>>3237754
Are they really burning unsold tokens? I'm feelin comfy as hell right now

>>3234618
>What is Nimiq

>>3237851

yes, they are. as per their telegram, they will be providing a post ico update this week.

https://www.reddit.com/r/opusfoundation/comments/6whwji/opus_update_1/

https://www.reddit.com/r/opusfoundation/comments/6w5dm4/crowdsale_period_is_over_thanks_for_supporting_us/

Bought at 2900 sats. Sold 60% at 4x to 5x the price. I'll wait and see the situation post ICO, I already more than earned back my initial investment.

Thanks random /biz/ poster who made a thread a week ago.

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I would love to but I don't know how!

>>3237971
>Sold 60% at 4x to 5x the price.

how the h*ck? on etherdelta?

>>3238244
hitbtc

>>3238391
How the fuck you transfer opt to this shit?

>>3237971

you fucking retard, you havent sold shit.
the tokens were tradable only since block 4211033

>>3238244

he's trolling. he had the same reply a couple of days ago.

i was shilling it all week and seen this crap already. the tokens became transferable only couple of hours ago.

>>3238535

you dont, you can sell on etherdelta only

gieb marketcap numbers pl0x

current opus price = 0.00016 ETH = 0.0544$
supply seems to be 130M

so the marketcap is 130.000.000 x 0.0544 = 7.072.000$

lots of room to grow tbqh desu, unless i ran the numbers wrong

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>selling below ico price

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>>3238817
>>3238828
>>3238832
Fuck off. And, correction, it was 3x to over 5x.

>>3238905

congrats, but you werent trading the token, but HITBTC ious

>>3238883

team will be burning tokens, though.

>>3238883
this is tiny considering they have a working product

HITBTC is now trading proper OPT tokens

>>3238983
The 130M tokens is after the unsold tokens are burnt.

>>3239432

ohh, cool, thanks for doing the math

Why would anyone sell at less than the ico price?

>>3239558
Beats me.

>>3239558

weak hands. devs misspoke that they don't intend for the token to be flipped and it's sole purpose is to buy music.

obviously they cant say that its a security an investment vehicle otherwise they wont be listed on bittrex and other US exchanges.

it's a mid to long term project. it will moon when they will release the full version and hit the chink markets.

also some people on telegram overextended and are looking to move funds to other upcoming ICOs.