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Yes, good points. I read about using the tokens to pay for trades very early on. I haven't seen this mentioned in a while, so I may be holding onto old information here. Rereading the document I linked a bit ago, it's telling that there's no longer a mention of this use. They even specifically state that the tokens will have no utility.
Yes, tZero tokens will likely show up on coin market cap and other crypto tracking sites.
On this data sheet you will see that it is listed as an ERC-20 token.
https://www.tzero.com/tzero-overview.pdf
ERC-20 tokens exist on the Ethereum blockchain. Successful tokens with volume and support on exchanges get listed on the crypto market tracking sites.
Any exchange that supports ERC-20 tokens (e.g. Coinbase just announced this month that they will begin supporting ERC-20 tokens) can list tZero for trading.
I don't believe investors in the tZero ICO will have access to their own tokens for trade for at least a year. If I recall correctly that's the length of the lock in.
My personal expectation is that tZero goes into operation and more tokens are issued and used on the platform to pay for trades. Meanwhile, ICO investors can not trade theirs for a year as the value of the tokens goes up and/or down based on demand.
During that locked in year and beyond, if tZero is profitable, there should be dividend-like payouts to the holders of the tZero tokens.
HTH
Earnings? Anyone know when OSTK will report, seem to be a month later than usual.
OSTK just turned positive on the day.
CEO is happy the SEC is doing their job:
http://www.foxbusiness.com/markets/overstock-ceo-on-sec-probe-its-great-that-theyre-doing-this
Yes, that's what I'm thinking this is. Just the SEC doing their job and getting voluntary documentation from all crypto related companies. If so, then OSTK will come out clean on the other side of this due diligence by the SEC and us early investors remain on the forefront of an emerging new market/asset class.
Go OSTK!
Big news for tZero and OSTK!
Just announced. The initial phase of the tZero ICO raised 100Million, now opening up to second phase.
https://www.businesswire.com/news/home/20180301005930/en/tZERO%E2%80%99s-Security-Token-Subsequent-Sale-Period-Opens
From reading the filing, it looks like this is what happened...
SEC - "Overstock, give us documentation about the securities you are offering in your token sale and the license that allows you to do this."
Overstock - "We are not offering securities, tZero is. Here is the documentation for tZero's offering and their licensing to do so."
Do your own research, I'm hoping this is just headline FUD.
Long OSTK.
GLTA.
Msnbc Fast Money just covered all the scams going on in cryptos, ICOs, and some stocks... then shifted focus to Overstock and Medici with TZero being the real deal for investment.
Go OSTK!
Today will be a Christmas gift! Cryptos are all on sale 30% off!
OSTK will be on sale because people think it's related to price of crypto but it's not. OSTK will disrupt multiple industries through the use of Block Chain technology at Tzero.
Christmas Sale opens soon people!!
Take that noise to BTSC or GCAP or RIOT or any other "Bitcoin Company".
OSTK is a Block Chain play, not Bitcoin. Let Bitcoin crash, doesn't matter here.
Go OSTK!
Intra-day we see Higher Highs, and Higher lows. Very Bullish, go OSTK!
The TZero ICO is way ahead of expected funding, 100 Million the first day! Go OSTK!
https://www.coindesk.com/investors-commit-100-million-first-day-funding-overstocks-tzero-ico/
GLTA
The series is posted on their website:
http://riotblockchain.com/media/
Looks like the profit taking we were discussing is done now.
OSTK heading to new highs!
Well at least you've gotten smart enough to only claim what you did in the past rather than proving you can't predict what's going to happen a few hours from now. Those trades you made publicly over the last couple of days went embarrassingly wrong. OSTK did the opposite of what you said it would two days in a row. So yeah, only talking about what you supposedly did in the past will make you sound smarter. Good luck with that.
This is just profit taking. Happens in every stock after a big run up. Always in the morning.
StockZoom, what happened to your "pump in the morning, dump at mid-day" narrative?
You just change your story with whatever is happening after the fact. You have no clue.
After some profit taking, OSTK will seek out new highs today!
I like how you can scroll through the messages for the past couple of days and see that StockZoom BOLDED all his posts of doom and gloom for OSTK.
His short at 57 today must be hurting just as bad as his short at 53 yesterday, there was no chance to get out of those positions without taking a hit.
Stockzoom, I told you OSTK would close at 59/60. Did I know this would happen? No, I just got lucky guessing... just like you got unlucky guessing for days in a row now.
I hope you will be back tomorrow to entertain us with what your broken crystal ball tells you. Nobody here will be taking you seriously going forward.
OSTK going to 85 soon IMO.
cheers!
You sound desperate for people to believe you. If what you say is true you wouldn't be spamming your FUD, you'd just be sitting back making bank on your awesome knowledge of how this stock moves.
I'm not going anywhere...I'll be watching all day. Just like yesterday when it didn't even get close to your predictions.
OSTK is at 52 week high right now. Up another 3%. Up over 7% in the last 3 days. The short squeeze is happening. "don't lose your shorts" get out now if you are short. IMO.
I am long SQ, RIOT, MGTI, and OSTK. No rule says I have to be in only one.
OSTK is heavily LONG stock, buy OSTK, RIOT, MGTI, and SQ.
This can soar 10% on little or no news with such heavy short positions being squeezed today along.
The shorts have piled into this for a reason and it's that they do not believe in cryptocurrencies and believe the Jamie Dimon rhetoric about it being a bubble.
The short position of this size is telling me this is this stock will get squeezed upward fast.
OSTK is well above 58.00 now. How's your short at 57 looking?
Let me put my own view on your Hype. I can do this too...
LOOK for BIG rise today, this is strong action on short squeeze. Short sellers with expiry last Friday have till close today to cover their losses.
Volume is picking up, shorts are taking over to drive this UP during the day as they try to cover.
watch how this unfolds
Volume is strong today (3 times average already).
will be a big day
Markets up huge, investors are putting risk on.
Look for close price of 59 or 60.
My opinion is just as good as yours, probably better since I actually looked at what was going on rather than what you were hoping is going on.
I have a different opinion of the CEO Patrick Byrne, Warren Buffet and his father were his mentors. He ran a Berkshire Hathaway company prior to taking the helm at Overstock. He also successfully sued Goldman Sachs twice for naked short selling Overstock shares.
T0 sounds so good to me and others who want a safer entry into the ICO market, using SAFT to restrict to Acredited Investors is a big plus. Creating a token with utility (pay for transactions) and roi (payouts from profits) on an existing platform that's already been built and tested. So I have a very different opinion on T0 as well. Companies will flock to putting their new public offerings on T0 since it protects against naked short selling their stock and investors will love it because there's no 3 day settlement period. That's what the zero stands for. Zero Settlement time on shares traded.
They hype I hear is coming from your comments with ad hominem attacks on the CEO with phrases like "known hypster" what's that even mean?
You don't seem to have much in the way of facts, just some hype and a broken crystal ball that tells you what this stock will do in the next couple of hours.
Lastly, your claims on the dips every day don't match any charts I'm looking at. Your charts may be broken too.
Good luck man, I think you'll need it.
Yesterday morning at this time you said you shorted at 55.3 and would cover at 53. That price never came. What happened to that position? Did you take a loss and start a new short position or do you carry the old position with this new position at 57.3 hoping for lows during the day that will cover both short positions you have open?
"SHORTED at 55.3..will cover at 53 soon
This spikes in the morning and tanks hard
Can't resist shorting here
This spikes in the morning and tanks all day
short all POPS in the morning
Middle of the day this tanks hard" -StockZoom
Stockzoom, The intra-day low so far was 55.13 and now it's going higher into the close with only 1 hour to go. What will you do? Are you going to hold your short position until tomorrow or have you gotten out already to limit your loss? Serious question as I'm curious about what short-sellers do when things go wrong.
I have not heard anything but In my opinion Walmart should be looking at OSTK. It would be a big step towards competing online against Amazon.
It would then position Walmart as a front runner in cryptocurrencies both accepting them at POS as well as the T0 exchange for ICOs. Walmart could be first again.
OSTK was recommended on CNBC Fast Money last night. The cat is out of the bag on OSTK. Recent gains brought more attention, and with more people looking into it, they are realizing the potential and analysts are recommending it, even at these new price levels.
Marc Cohodes was a long time short of OSTK. See his video published today about Overstock.
A technology breakthrough that will take 20 years? Lol
For perspective the smart phone was introduced in 2007. How long after that was everyone walking around with their head looking down at their phone?
The rate of adoption for new tech is accelerating exponentially not linearly. We should expect blockchain to be on an accelerated time scale for widespread adoption.
BTCS has not been good to me. I also got out this AM, DIGAF looks like a much better cryptocurrency play, IMO. Move my $ over there.
Good luck everyone.
Knowing when to take a loss is more important than taking profits.
BTC 4500 would be great today, but I don't think so.
SegWit activates in a little over 14 hours. The smart money will wait to see that this doesn't cause new technical issues for the block chain. It would not be smart to pour a lot into BTC today.
There's a uncertainty and a little bit of fear in the water, so put in something you are willing to lose, and watch it soar when all goes well. But this comes with some risk today.
DIGAF will be fine either way, there's so much money in the crypto space and DIGAF is involved with more coins than just BTC.
Hoping for new highs today on DIGAF, and then soaring if BTC hits 4500 by Friday.
Trying to load up...nobody is selling at this level.
My order was just sitting there waiting at .25
Had to increase to .255 and then only got partially filled.
May have to go higher to get the rest filled.
Good sign this is going higher, everyone is HODLing.
True, but don't be impatient. Don't be a weak hand. HODL till BTC takes off to new highs Wednesday through Sunday, after Segregated Witness successfully activates.
$BTCS will rise in tandem with BTC.
BCH/BCC whatever your exchange labels the forked "Bitcoin Cash" failed in their attempt at a "tippening" this weekend. They thought that reducing the difficulty in mining their coins vs BTC would entice miners to switch to mining BCH.
They predicted a "death spriral" for BTC when this "tippening" happens.
Many people bought BCH/BCC Friday thru Sunday hoping they were getting in early before BCH took all the value away from BTC. Now that it didn't happen, they are exiting BCH.
Next up, as I said in my previous post, is BTC will activate Segregated Witness, and then move to new highs. Wednesday thru Sunday should be great for BTC...with no technical headwinds until mid November.
What a time to be alive and involved in something this big at the early stages. HODL!
Crashing? BTCS is 11% higher today in my account. I'll take this sort of crash any day.
Mark my predictions people. I stay on top of the technical developments involving bitcoin and a few others.
Tuesday night BTC will successfully activate Segregated Witness which will enable the development of Lightning Network. BTC is proving to be resilient against attacks from BCC as we easily maintained over their weekend attempt at a "tippening" where they would steal hash power from BTC by enticing miners with lower difficulty in mining BCC.
Starting Tuesday/Wednesday BTC will make bullish moves, and then we'll have another HUGE weekend and new highs. I don't know how high, but there's nothing big like the above for BTC until mid November after Wednesday, so it'll be pure market forces for weeks and we all know more people want Bitcoin than is available.
I expect that BTCS will move higher along with it. HODL!
30 cents Tbone88? So you're becoming more bullish by the day. Friday you said 25 cents. Welcome aboard my friend!
BTC should go higher from here. The threat that BBC would steal enough mining power from BTC, when it became more profitable to mine bcc, and cause BTC to fail when there was no longer enough hash power to mine BTC did not happen this weekend. It was FUD that kept the BTC price down.
Next up, is SegWit activation on BTC Tuesday night which will enable better scalability and the lightning network.
We will see BTC hitting new highs and BTCS will follow.
Buckle in and hold on, this ride is just getting started.
I hope so, I just took a long position in BTCS. That said, Vickibot the crypto swing trading bot just went short on BTC/USD. This is not surprising, I expect BTC to dip this weekend as mining difficulty on Bitcoin Cash is reduced by ~45%. After BTC remains unaffected by that competing coins difficulty change, BTC will recover and find new highs Wednesday after activating Segregated Witness (Segwit) in increase scalability.
The events occurring this weekend and next Tuesday night are real. What they mean to the price of anything is pure speculation on my part.
Which one of you called BTCS a turd and said it was never going above 25 cents?