So for the past few days I have been really trying to understand this new crypto EOS. So far is does sound promising.
Yet I have a few questions.
Firstly, why the heck is ethereum platform not user friendly. I am using the Eth core wallet so keep this in mind is you choice to send advice.
Now, since I resided in the US. I cant personally participated directly in the ICO for this coin,( land of the free my ass!! Yeah land to freely be horse whipped and monkey raped, but I digress), so I will have to get my tokens via an exchange.
Now I do understand that at this time , these EOS are only contract tokens to be changed over to EOS software currency tokens sometime in June of 2018. I also know that in order for these tokens to be valid for change over next year, these tokens must be registered to a Ethereum wallet, in which we the holder of said tokens and so called owner of tokens , must have control of keys. My question is this.....
Are the tokens that are being traded on exchanges already registered, and if so, how can we tell if the tokens are registered?
Thanks in advance for your help in this matter.
At this point, does it really matter. Why not go along for the probable rise in price? Prior to its conversion, exit. Well...that's the way I'm looking at it. Right now, it's pure speculation. So...only put in a little (that you can afford to lose if it flops...which I doubt). As June gets closer and details become more evident, you can cash out or transfer to an eitherium wallet (if necessary).
well thx for the reply, but this does not answer my question in the least..
The main reason why they cannot be purchased by people in the US is because they would be considered securities by the SEC and thus would fall under their tight jurisdiction.
The tokens are available for resale second hand on exchanges and they are a buy at your own risk kind of deal because the blockchain hasn't officially been launched yet. They cannot guarantee that the blockchain will in fact be born or when and if it will even be used but these tokens will be transferrable onto their network once it does come online, which it most definitely will.
I imagine it like building a really expensive yacht and then not taking it out because you didn't have a captain.
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