Australia Is Going To Ban All ICOs

twitter.com/C1aranMurray/status/913282785221148672

Other urls found in this thread:

coindesk.com/australias-securities-regulator-issues-formal-guidance-for-icos/
twitter.com/AnonBabble

Wasnt powerledger an australian ICO?

RIP

JUST
JUST
JUST

the only way ive been making a decent amount of money lately is by buying into icos. does this mean shit like power ledger is going to get fucked. does it also add us ausfags to the list of countries that cant participate in icos? i have very little interest in getting burger'd

Is this just the running of ICOs?
Or does it include the purchasing of ICOs?

Australia started as a prison island and it will end as one

it never stopped being one t b h

GET FUCKED CUNT

this is why im not paying taxes into a country that lets the working class get extorted for the benefit of the parasitic welfare class, yet we're not allowed to invest in the only projects with respectable gains. the working man is locked out of the rich mans game

Come find me on the caymens ATO you dog cunts

>implying

Why are government's always trying to ban shit like this, why can't they just let the market be.

Good. ICOs are complete cancer.

If only foreign cunts would get the message and stop trying to get in. The prison is full. Fuck off.

fuck off faggot, if you dont want to participate in ICOs don't you dumb fag
dont enforce shit on us because your retarded

>didnt get in on chainlink or kyber
>isnt going to get in on red pulse, airtoken, wanchain and power ledger

prepare ur pink wojaks m8, ur gunna need them rofl

who?

This
all this means is that australia is not going to benefit from the wave of crypto millionaires tax
gg retards

Australia bans everything. They literally nearly banned possession of the national flower. The only thing they won't ban are gooks and niggers. Take a walk through any capital city and you'll see what I mean.

nope youre gonna take the chink in next wardens orders

its disgusting, go to study inner city and it's not even australia anymore. fuck this government

Problem with my multicult, gentile?

Do you anons think this will cause panic today? I know It wont be like the china scenario but maybe ICOs and eth are gonna take a little bit..

That was Heath Ledger.

Price manipulation. It will either be unbanned and taxed or australia will create its own crypto

this is reallly fuckin shit boys. do you reckon i can still get in on a few at the start of october before they ban our participation into icos

Why would Australia (or any nation) create it's own crypto? How would that even work? Why would people use national crypto's when something like Bitcoin is already established?

yes most likely boyo, this doesnt look like anything to official anyway, most ico's so far havent required passports or anything like that so you can hide behind VPN's

Welp, time to renounce my citizenship and burn my kangaroo pass. It was fun while it lasted

I don't get why they need to ban something just because there's a possibility of people losing money, yet Casino's are fine?

the good ones do though, like kyber. red pulse and wanchain require ID too. im still going in though, fuck it

I got pulled up with some little firecrackers (less than 10) with probably the same amount of powder in them as a cap gun cap, lI've been to court twice and about to go a 3rd time for it in 3 weeks, not only do we ban everything we have ridiculously stupid legal systems that take so much fucking tax money

omfg, red pulse better not revoke my damn whitelist

its a guaranteed 2x minimum

The problem with the Australian Government (doesn't matter which side is in power they're both the fkn same) is they seem to think that tax money is free money. The problem is if they make systems more efficient people will lose jobs, which would make the government unpopular. Surely there are other means they could put this money into though which would still give people a job to do but would actually achieve something useful.

the only reason I started in crypto was because the gov banned online poker in Australia and now most big poker sites block Australian IPs.

They used the excuse of 'problem gambling'. Online poker was taking up something like $1 billion of the total $11 billion spent on gambling by Australians. Brick and Mortar casinos? Fine. Pokies? No problem. TAB? Great! Obviously, it was because the couldn't find a way of taxing the online poker sites.

excellent point

They want you spending in their casinos where they collect royalties and company taxes. Problem gambling my coight.

casinos keep losers poor

ico's arent for me and you goy, let mr silverberg worry about all that

Sucks for all 4 Aussie crypto holders

theres single mothers and roasties getting rich off crypto here. they wouldnt be buying into icos but seem to do pretty well off all of the dudes telling them to buy the fotm coin like neo, verge and omg

Another excellent point is the lotto... ~99.99999% of people who buy lotto tickets lose money, yet it's fine.

we live in a nanny state, everything is policed, everything is illegal. All the cucks go on about how its the australian way to be relaxed... we are docile, and let the government baby us into stupidity.

As an Aussie expat living in Asia the last 5 years, and thinking about when I should return, let me just say.... Hahahahahaha
Hahahahahahaha
HAHAHAHAHAHAHA

Fuck you ato. I'll continue hanging out in asia a few more years. Literally how can anyone with any kind of understanding of economics be making these kinds of decisions?

where you at, thailand? how'd you make the move and how do you fund it

Don't worry about it cunts. They don't even know how crypto's work, how the fuck can they possibly even start policing them? Sure, they can see my coinbase payments on my credit card statement, but the trail goes dead after that unless exchanges, wallets and ICO's open their books up to the ATO. It's not like they are going to jump on Etherscan and start auditing cunts. The manpower it would take would be off the charts. If they block IP's (they won't), you just use a VPN. If you did get audited, what would stop you from just saying you invested all of your funds into espers and lost it all? Nothing. It's all way above their heads.

Moved to HK for work then lost my job but built up enough of a bankroll to stay and started investing in crypto a year ago. Now I'm just nomading for a bit in SEA. I'd like to learn mandarin so I might spend a year at a language university in china next year.

at fucking least. I'm going in on it too, and when I cash it out, I'll convert to Monero and then back to a different wallet if I have to.

Until Espers hits $100 and you want to cash it out, then the tax-man will be waiting.

bro they're not tracking any blockchain payments, they cant even monitor welfare payments they have no clue about crypto

do you get any poon in HK?

asking the important questions.

upvote

The US banned ICOs but it's not like that stops anyone

Nice Australia, but far too late. I already got into LINK ICO. The only ICO outside of OMG that mattered

Honestly USA is probably going to follow suit soon

Can't let the gravy train keep going

Heeyyy my australian cunts, you can always count on me to get your whitelisted accounts.

FUCK THESE CUNTS

Are you all memeing or something? Do you realise this is literally legitimising ICOs and giving legal guidance so that companies can properly do them and this is great news as it means there is next to no chance we will be banned from participating in them.

Yep. Too much. Happily married now but shes the best I met ;)

They already have you retard. You're technically not allowed to participate in ICOs if you live in the US. That's why the Australia news means nothing.

you're joking right?
you're aware that the only reason we see these absurd gains is because of spoofing and price manipulation right?
all of that goes away when regulation comes. its fucking over when regulators come in.

Well they banned small brested women from doing porn so why not ban ICOs? What do you expect from the descendants of criminals?

>wanting regulation
>being this naive

fuck off my island cunt

so can i still just buy the ico tokens when they hit exchanges?

You people are autistic.

>literal scam coins prohibited
>no prospects of a ban on ICO investing like burgers and chinks

And you still complain. Fuck off.

dumbass retard they literally just called all ICOs ILLEGAL
no shit scams are prevented, ALL ICOS ARE PREVENTED holy FUCK you are STUPID i want to beat the shit out of your fat ass but i'd have to fucking disinfect myself afterwards so do us all a favor and neck yourself you fucking pimply nigger

Literal scamcoins have been some of my biggest gains

t. guy who sold KIDS and MOON for 8x and 9x gains

Where did they say that? Absolute fucking dropkick.

coindesk.com/australias-securities-regulator-issues-formal-guidance-for-icos/

Educate your retarded arse.

this, like holy fuck, try telling people that though "nah mate, we're free as fuck" yeah, compared to a full blown socialist state, but we're heading that way