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Topic: [ANN] Ethereum: Welcome to the Beginning - page 1214. (Read 2007101 times)

sr. member
Activity: 308
Merit: 250
Super Smash Bros. Ultimate Available Now!
If the main objective of a new blockchain project like Ethereum is to create smart contracts on the blockchain to sidetrack the bloat involved in contracts as they are, why would anyone pay more for such technology than they would otherwise? If it is cheaper to use this new technology to create contracts then all invested have no chance of profit taking IMO.

Doesn't the new Viacoin Clearing House offer the same product at a much lesser price? And couldn't another pop up any day like the hundreds of alts?
legendary
Activity: 1320
Merit: 1007
People should know, this "pre-sale" is not designed to give buyers profit. It is to fundraise for development. If you invested with the mindset your gonna make a positive ROI, you have made a mistake.

Once mining starts, presale shares will be dilluted by more than 60%. Smart people will just wait until release to mine, or buy from the miners. Not to mention, Ether is only good for people who want to create contracts. If I had to guess, I'd say 75% of investors have no intention of creating contracts. They are in it for speculation. Miners selling, presale buyers selling, and most people have no intention of creating applications = sell pressure.

It sickens me that the Ethereum team is this greedy. 26000+ btc is much more than they needed. Just greed. Not to mention all the internal beefs the Ethereum team will be having. Charles' passive aggresive Reddit title at presale tells the whole story. Team members didn't even know what day the launch was happening.  Now a group of unorganized people have fundraised 26000 btc for a project that is not even in beta yet. Still proof of concept.
sr. member
Activity: 336
Merit: 250
What a dumb thing to invest in.

With 1 BTC you could buy about 0,1-1% of coins like dogecoin,darkcoin in their beginings.

With 1 Btc here you ar buying about 0,0000385%

To say that differently . You are trusting ethereum about 3000-30000X more than Darkcoin. Interesting.
Or you could invest in 3000-30000 beginning altcoins.

Dont you think few would made that 10x-100x push?
Those mentioned above did just that.
full member
Activity: 131
Merit: 100
New Beginning!
Maybe Ether will be a successful investment, but I choose not to go. I just don't believe some guys (already become multi-millionaires through this IPO) will be hard working enough to turn a lot others to millionaires. We are not angel investors, and neither VC investors. We don't have access to their account books; we don't have any lawyers to protect us; and we don't have even votes. The only thing we can do is just crossing the fingers and wish those millionaires are really kind enough to not spend all those money in beach resorts, beautiful mansions, ..., but spending 12 hours a day, 6 days a week in front of computers. Smiley Let's wish it is possible.

BTW, do you know why CxOs cannot sell their shares as their wish after the real world IPO? Smiley The CxOs of Ether don't need to worry about this. They get all the IPO BTC and still can sell their free Ethers later as much as they want. Let's wish they are all real gentlemen. Smiley

Good point!

The current price of Ether is 0.3$. So we have over 16 mil $ atm invested in this coin. So the main dev is defenetly a millionaire cause after all it wass hes ideea.Smiley
So a millionaire working for making us millionaires asswell is very hard to believe.

Just a thought...  Huh
legendary
Activity: 1960
Merit: 1022
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
...this ethereum thread... oh man where do i begin?...that pyramid logo?    Roll Eyes    Lmfao~//^over my head!!!
legendary
Activity: 882
Merit: 1000
Maybe Ether will be a successful investment, but I choose not to go. I just don't believe some guys (already become multi-millionaires through this IPO) will be hard working enough to turn a lot others to millionaires. We are not angel investors, and neither VC investors. We don't have access to their account books; we don't have any lawyers to protect us; and we don't have even votes. The only thing we can do is just crossing the fingers and wish those millionaires are really kind enough to not spend all those money in beach resorts, beautiful mansions, ..., but spending 12 hours a day, 6 days a week in front of computers. Smiley Let's wish it is possible.

BTW, do you know why CxOs cannot sell their shares as their wish after the real world IPO? Smiley The CxOs of Ether don't need to worry about this. They get all the IPO BTC and still can sell their free Ethers later as much as they want. Let's wish they are all real gentlemen. Smiley
sr. member
Activity: 288
Merit: 253
People are buying so madly, what would be the long term price of one ether? Will it be 100 dollars? Nay..... supply would be so much?

Well basically it takes a one big (not even huge) game-house to match that price cap estimate, so it depends about what ether can do for companies and how its used. Because if it will provide incredible building blocks to build on, it can have a lot of value, which will reflect on the price. Who knows!  Smiley

This does not directly relate, but here is a bit of history:
On April 20, 2009, Sun and Oracle Corporation announced that they had entered into a definitive agreement under which Oracle would acquire Sun for $9.50 a share in cash. Net of Sun's cash and debt, this amounts to a $5.6 billion offer from Oracle.


member
Activity: 112
Merit: 10
Let's just say that the value of BTC were to continue its pattern from the last few years.  If that were the case, the value of BTC would spike dramatically over the winter of 2014-15.  

-Now, how would a person acquire a large sum of BTC before that happened?  
-How could that person ensure that the price of BTC was suppressed just long enough (you would need a lot of BTC), eventually removing the walls and enabling a quick, emotional bull ride?
-What if you could tie up so much BTC on the market, that investors would be unable to sell off BTC during the pump, increasing the speed and height of the BTC price climb based on the appearance of unavailability and apparent demand.
-Perhaps you wouldn't even need to acquire a large sum of BTC, maybe you could just borrow it for a while...long enough to make a profit and then give the BTC back.  (like butterfly labs!)
-Now, where could you get (borrow) millions of dollars worth of BTC?  Could you make people believe that they had a lot to gain by letting you borrow hold their BTC right before the value of BTC skyrocketed?
-What if you don't know the exact date that BTC will rise, but you have it narrowed down to the winter of 2014-2015?

Oh conspiracy theories lol...
...but if that thought process led to the "creation" of ethereum, wouldn't it just be the greatest scam in crypto yet!  Hopefully that isn't the case, since I bought a few Smiley  
sr. member
Activity: 382
Merit: 250
People are buying so madly, what would be the long term price of one ether? Will it be 100 dollars? Nay..... supply would be so much?
sr. member
Activity: 244
Merit: 250
Total received  26,248.53679229   BTC   Shocked Shocked Shocked Shocked Shocked
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Buying ether for 3K sat per coin PM me if interested

Lol, you want 33333 Ether per BTC? Cheesy
hero member
Activity: 565
Merit: 500
Buying ether for 3K sat per coin PM me if interested
full member
Activity: 182
Merit: 100
where can i trade this coin
hero member
Activity: 784
Merit: 503
Bitcoin King BTC
what you need THIS MUCH money for man? your instantly rich ?


so ipo is 60 0000 sat per coin?

51 million x 60 000 sat = 27576 BITCOIN  is what you have from IPO atm Huh

Are you serious? It's take as much as you can get! Why hold back if people are going to give it to you?



I cant take your opinion serious, you'll defend the coin no matter what since you bought from  the IPO.
full member
Activity: 168
Merit: 100
They've already completed a large amount of the work and progress has been excellent. As I understand the main problem lies with continuing the work in silicone valley, because it's very hard to get taken seriously unless you're known to be having coke fueled orgies with Russian prostitutes, or drive a Venom GT or equivalent race car  Cry
This is just retarded on so many levels.

I think they should have closed their funding from VCs instead of offering currency in IPO style, people buying this are speculators who have 0 clue about a single line of code up on their github page, and thus the "value" of their work will be represented in the value of the currency, which is subject to spculation and massive drops/surges. Not to mention navigating "silicon valley" without investors for imigrant russians is not the easiest thing to do.
sr. member
Activity: 288
Merit: 253
I put up a little art auction for Ethereum:


https://forum.ethereum.org/discussion/1273/into-genesis-oil-painting-auction


"INTO GENESIS"
13 x 23  inches
Oil on birch panel, wooden frame




sr. member
Activity: 406
Merit: 250
what you need THIS MUCH money for man? your instantly rich ?


so ipo is 60 0000 sat per coin?

51 million x 60 000 sat = 27576 BITCOIN  is what you have from IPO atm Huh

Are you serious? It's take as much as you can get! Why hold back if people are going to give it to you?



i dont understand you, i watched the movie on their site and still dont see why the IPO shoulds be 20 MILLION USD.

Because if some money is left over then they can keep it?
hero member
Activity: 784
Merit: 503
Bitcoin King BTC
what you need THIS MUCH money for man? your instantly rich ?


so ipo is 60 0000 sat per coin?

51 million x 60 000 sat = 27576 BITCOIN  is what you have from IPO atm Huh

Are you serious? It's take as much as you can get! Why hold back if people are going to give it to you?



i dont understand you, i watched the movie on their site and still dont see why the IPO shoulds be 20 MILLION USD.
legendary
Activity: 1176
Merit: 1015
what you need THIS MUCH money for man? your instantly rich ?


so ipo is 60 0000 sat per coin?

51 million x 60 000 sat = 27576 BITCOIN  is what you have from IPO atm Huh

Are you serious? It's take as much as you can get! Why hold back if people are going to give it to you?

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