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“howey test” · 1 mention
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01:27:11
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01:22:06
stack you can refer yourself and get 20%
01:22:08
of your stack you can make a referral
01:22:11
link with just your theorem address
01:22:13
I wrote a guide it's five minutes long
01:22:15
start selling it right you don't need to
01:22:18
sign up you don't need any information
01:22:19
it's all totally trustless if you if
01:22:23
more people claim earlier and they claim
01:22:26
larger amounts it amplifies all the
01:22:28
early rewards for everyone else it was
01:22:29
in the pool so you'd think I'm gonna
01:22:32
keep the secret man I'm not gonna tell
01:22:34
anyone about this and then I'm gonna get
01:22:35
all satoshis coins and we get all those
01:22:37
other people's coins because they didn't
01:22:38
claim because I didn't tell him about it
01:22:40
I've seen that happen before because
01:22:42
I've done that to a project before I
01:22:44
kept the secret and then the project
01:22:46
fell failed and sucked it died right
01:22:48
well I thought I don't want to see that
01:22:51
again why would you want to incentivize
01:22:52
people to not talk about a project and
01:22:54
not spread the word so we put three
01:22:56
things in there we put the critical mass
01:22:58
which is how many coins are getting
01:23:00
claimed the more coins you get claimed
01:23:01
the more all the early people get paid
01:23:03
the virality which is the more claims
01:23:07
not how big they are but how many claims
01:23:09
right these are like little guys right
01:23:11
so the critical mass will measure your
01:23:12
whales and the virality will measure
01:23:14
your little guys right so one is
01:23:17
frequency or count and one is like
01:23:20
amplitude right like depth so we got
01:23:25
those two bonuses this can like each
01:23:28
multiply your early coins up 10%
01:23:31
including your Satoshi rewards so we
01:23:36
have another thing which is the speed
01:23:37
bonus you get an early you get a lot
01:23:39
more and that means that if you refer
01:23:41
people earlier you get a lot more from
01:23:43
the refer because they got more refer
01:23:45
they got they got more bonus because
01:23:47
they got in earlier now you get a larger
01:23:48
referral because your referrals 20% of
01:23:50
their reward not their raw claimed the
01:23:53
reward
01:23:53
so the better they do the better you do
01:23:55
right so the referral program you don't
01:23:58
want someone else to refer your buddy
01:23:59
you want to refer your buddy
01:24:01
right the referral program the critical
01:24:03
mass and the virality all counterbalance
01:24:06
that tendency for people to be like oh
01:24:08
we're going to get redistributed these
01:24:09
coins it's awesome never seen it like it
01:24:13
before
01:24:14
good job Richard mm-hmm yes it was that
01:24:23
project mentioned in chat speed bonus
01:24:30
aka cocaine interesting way to phrase it
01:24:34
make a shell website and slap that on
01:24:37
there we got a lot of memes for you that
01:24:38
you can use this is getting really
01:24:41
boring I'm out ask better questions what
01:24:44
do I tell you I'm answering the
01:24:46
questions in chat now the quality of
01:24:49
discourse that we're having is the
01:24:50
quality of questions in chat now ask me
01:24:52
better questions you will get better
01:24:55
responses I'm even going to pop out the
01:24:59
chat so that I can see all your stuff
01:25:00
better
01:25:06
all right
01:25:10
bhe X isn't exactly free you have to buy
01:25:13
BTC and risk loss maybe or you could
01:25:18
just not do that and wait for it to
01:25:19
exist and come into chat and be like hey
01:25:21
guys in chat to someone want to sell me
01:25:23
your bhx that'd be super cool if you
01:25:26
don't trust them you could be like
01:25:27
alright i'll bike a dollar and then two
01:25:29
dollars then four eight sixteen then
01:25:31
just ramp up your purchases to reduce
01:25:33
your risk it just makes it maybe get
01:25:35
screwed somebody said do you want me to
01:25:38
timestamp all your videos Michael yes
01:25:41
Michael I do want you to timestamp all
01:25:43
my videos I'll be very grateful
01:25:44
timestamps are awesome please do that
01:25:47
thank you so much I have to approve them
01:25:51
so like direct message me email me
01:25:55
whatever so I know to approve them
01:25:58
timestamps are great and I don't have
01:26:01
the time to do them why she'll now when
01:26:05
people cannot claim because the link
01:26:08
gets stored on their browser and it just
01:26:10
stays there for three years
01:26:11
so as long as this project comes out
01:26:13
within three years buddy you're gonna
01:26:14
get credit right so if they're gonna
01:26:18
click a referral link might as well be
01:26:21
yours right
01:26:23
what exchange do you plan to be listed
01:26:25
on so I'm very a very delicate about
01:26:27
this I don't like promising any effort
01:26:30
on my part whatsoever because that's
01:26:33
kind of like a security right I
01:26:37
guarantee you nothing I promise you
01:26:40
nothing I expect nothing I will tell you
01:26:43
that someone that purported and seemed
01:26:46
to be from an exchange called idec's
01:26:49
said that they wanted to list it I
01:26:51
looked it looks like they're the highest
01:26:53
volume of distributed exchange I'm I
01:26:57
have a personality in the space I know
01:26:59
some cool people I'm not gonna say more
01:27:04
I wish I could securities laws I mean
01:27:09
I'm being overly cautious like you have
01:27:11
to fail every leg of the
Howey
test
to
01:27:13
be a security and we have no common pool
01:27:15
and you're not paying money that's
01:27:18
enough but I'm just gonna make sure we
01:27:19
fail all the legs
01:27:20
so I'm also promising
01:27:21
you absolutely no work whatsoever well I
01:27:26
think of security seconds they're
01:27:27
they don't require any economic
01:27:29
mess they're digital ledger technology
01:27:30
they're a better version of Excel
01:27:33
spreadsheet which has no margin and
01:27:34
requires no economic mass to use so you
01:27:36
can get all the benefits of digital
01:27:38
edgerton and security tokens without
01:27:41
buying any of the tokens so I don't care
01:27:45
stupid idea well good idea but you're
01:27:48
ain't gonna get rich on it so it's like
01:27:51
tcp/ip good idea how you gonna get rich
01:27:53
on tcp/ip you can't its bendy
01:27:55
marginalize did you just you can't it's
01:27:58
over he only came here to shill mmm-hmm
01:28:05
yeah hmm I didn't see anything else
01:28:08
useful Richard you have a projected
01:28:12
launch date five weeks Derek go wrench
01:28:15
yourself thank you
01:28:16
I don't understand some of these
01:28:20
questions you guys are stupid
01:28:22
what am I looking at here how long is a
01:28:25
snapshot it's one block height dude
01:28:28
what like snapshot snap it means fast
01:28:32
right that's the definition it's one
01:28:35
block it's somebody said Vitalik is SOI
01:28:44
Toshi that's funny I respect that Alec I
01:28:47
respect the talaq a lot I'm out here
01:28:50
telling you guys how to get rich on
01:28:51
crypto he's donating the charity that
01:28:53
might save your life he gave a million
01:28:54
or two million dodged the Sens
01:28:55
foundation all I did was volunteer to do
01:28:57
the videos one year in personal long
01:29:00
time ago 2006 he has done more to save
01:29:04
your life than I have done
01:29:05
he should be respect for that he also
01:29:07
writes a lot of open-source software
01:29:08
that people can use and he says a lot of
01:29:12
smart stuff dudes
01:29:14
a genius hope to do an interview with
01:29:16
him sometime soon that would be nice
01:29:18
be nice to have you know real-deal
01:29:21
inventive genius people to chat with I
01:29:23
think that Alex a lot smarter than I am
01:29:30
what can we use what can you use the
01:29:34
coin for besides Hottel well I don't
01:29:36
know we can use any of these coins for
01:29:38
dude you trade them on exchange for more
01:29:40
money you buy a Lambo like they're
01:29:43
basically Lambo tokens you know you want
01:29:48
to do something else with them well you
01:29:49
need to kill her app that gets actual
01:29:50
adoption right you need users so right
01:29:54
now they're just speculative tokens and
01:29:56
if that's what they're gonna be we're
01:29:57
gonna do that better than everyone else
01:29:58
if people want to start using it for
01:30:00
payments great we've got the lowest fees
01:30:02
highest EPS not high CPI sorry just
01:30:05
sorry the Bitcoin yeah like it's a dumb
01:30:09
question you can't use any of these
01:30:10
tokens for anything dude it's
01:30:12
question like I'm sorry I I get this
01:30:15
question all the time why will the coin
01:30:17
pump who will buy it dude if you looked
01:30:19
at the top 10 the top 100 for the same
01:30:21
reason they bought those bro
01:30:23
like people want to buy the thing that
01:30:26
goes up the most the fas
test
that's what
01:30:28
they want don't want mad gains they
01:30:31
don't really care about also the at
01:30:32
all and why should they you're down what
01:30:35
86% from all-time high how you feeling
01:30:39
about that like it's that great those
01:30:42
coins at 89% come on dude it's about the
01:30:47
gains been like don't yourself
01:30:53
we're saving lives any saving
01:30:56
you want to save lives do medical
01:30:57
research your den you'll save lives
01:30:59
you're doing crypto you want to get rich
01:31:01
let's let's not kid ourselves you
01:31:08
designed this so it's hard for you to
01:31:09
dump right what I claim like you dude
01:31:14
unless you're trying to Doc's the origin
01:31:16
address so Toshi didn't talk for you I
01:31:19
don't know why the origin address doc
01:31:20
for you it's free and open source what's
01:31:26
so unique about my coin read the FAQ
01:31:28
watch the minute and 40 seconds elevator
01:31:30
pitch go on the chatroom t ime forward
01:31:34
slash bitcoin hex it's the first CD
01:31:38
high-yield investment savings account
01:31:41
get paid more for locking longer coin
01:31:43
ever totally trust us free fairly
01:31:47
distributed whale penalty it's awesome
01:31:50
it's so good
01:31:54
the only two things that are missing are
01:31:56
fake partnerships I don't like fake
01:31:58
and minimum lock-up price which would
01:32:03
required an Oracle to set the price I
01:32:05
don't like that trustful Oracle failure
01:32:07
stuff so it's got every single pump a
01:32:11
mental that you could think of except
01:32:15
fake partnerships I don't know why
01:32:19
people like this but they do hey guys
01:32:22
we're partnering up with a company that
01:32:24
doesn't like our stuff enough to
01:32:25
actually pay for it so they we make no
01:32:29
money on them but we get to put their
01:32:30
name everywhere it's like yo man if I
01:32:32
eat McDonald's that dummy no partner
01:32:33
with McDonald's man it's like yeah I'm
01:32:36
partnered with this keyboard company
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