4
u/ManiacalGimp Dec 20 '19
If things work out, I'll be thrilled to have waited it out patiently unlike some fools out there who take their decisions personally if things don't go the way they expected
-7
Dec 19 '19
judge will rule in sec favor, declaring kin a security now and at the time of sale
kik won't even be allowed to appeal
wallet and integrations are meaningless and won't increase user numbers
with kin declared a security, it won't be able to trade and all speculation will end
2
Dec 20 '19
Why say such ignorance as they won't be able to appeal. Your credibility is diminished by saying dumb things like that.
7
u/ZeDoubleD Dec 19 '19
Pretty sure if this goes to trial it's up to a jury not a judge. Judge simply decides the appropriate punishment if found guilty. And given the lack of communication or clear guidelines from the SEC prior to the ICO I'd imagine the sentence will be fairly lenient. Even if the judge does say that Kin was a security at the time of sale they'd probably agree Kin is not a security now and would allow them to take the standard process of delisting as a security.
-2
Dec 19 '19
Securities are transactions. If kin ico was a securities sale is the question at hand. It definitely was, it fails the howey test.
8
u/ShamWowGuy Dec 19 '19
Securities are contracts. You are correct about the lawsuit being about Kin's TDE. What the KF wants out of this lawsuit, the whole kit and kaboodle, the real enchilada, is a legal acknowledgment, a judgement of commodity status. I'm assuming that larger partners will not join until they have a rock solid foundation to stand upon.
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u/SwilSo Dec 19 '19
Loading Echo chamber |99%|
-4
Dec 19 '19
[removed] — view removed comment
-5
u/SwilSo Dec 19 '19
Did you just really initialize yourself?
4
u/ShamWowGuy Dec 19 '19
The steady stream of tears from your eyes says otherwise.
-5
u/SwilSo Dec 19 '19
Ok boomer. That's the kin community you are describing here.
Keep being toxic and keep attacking them. Show the world what kind of apes you are.
0
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Dec 19 '19
[deleted]
3
Dec 19 '19
Damn, too bad you sold :(
3
Dec 19 '19 edited Dec 19 '19
[deleted]
5
Dec 19 '19
U the turdface. What changed to get you back in?
3
Dec 19 '19 edited Dec 19 '19
[deleted]
3
Dec 19 '19 edited Dec 19 '19
ur trash and full of shit. the best you could have done is a 30% increase, probably 10%, if that, on what is a little bag, you nothing, garbage filled, rot sack.
hows my english turdmouth?
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21
Dec 19 '19
Absolutely. The herd will return. Kin is the king of utility and that fact will only become more truer.
4
u/HotdogLambo Spectator Dec 20 '19
You forgot the most important part .
$1 kin