Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1218. (Read 2006108 times)

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Thanks. Is he trustworthy?

He is pretty much one of the most trustworthy persons out there.
BUT he is an asshole Wink
That being said he may laugh at your for being a newby but he will keep his word 100%

Do you know if he provides a collateral in escrow?

Most likely not .But as he owns about 300k-500k bitcoins in semi-liquid stock + XXXk in real BTC (most likely) I don't think it is neccessary.
legendary
Activity: 1190
Merit: 1001
Thanks. Is he trustworthy?

He is pretty much one of the most trustworthy persons out there.
BUT he is an asshole Wink
That being said he may laugh at your for being a newby but he will keep his word 100%

Do you know if he provides a collateral in escrow?
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.

Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)

My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices? 

I don't know that, and most others don't either!

this has only two outcomes, first is that as seen on many ipos, investors will be selling his shares at loss without felling bad because bitcoin will be 5 or 10 x more (and if bitcoin remains the same it can happen too) triying to get back a portion of what they blowed... and second the only way to see an increase on the price of this ether is that the project indeed sucess and ether starts to be consumed by real needs on the network not only speculation.

The third outcome being that ether never launches what it promissed.

the fourth outcome being that ether is a disapointment and price plummtes even though BTC price doesn't move.

that two options are englobed on my first option.. i was refer to investors selling at loss due to any reason or no matter what reason was why it failed.

indeed the third outcome can be true, but i would say that ethereum never launches what he promised and never put even the shares live and all get scammed with all the investment.  Cheesy

They would be the most hated group of people in the crypto world if that happens but legally they are not required to launch this thing. If you read their TOS it reads like the rules of the worst company in the world Wink
sr. member
Activity: 462
Merit: 250
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.

Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)

My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices?  

I don't know that, and most others don't either!

this has only two outcomes, first is that as seen on many ipos, investors will be selling his shares at loss without felling bad because bitcoin will be 5 or 10 x more (and if bitcoin remains the same it can happen too) triying to get back a portion of what they blowed... and second the only way to see an increase on the price of this ether is that the project indeed sucess and ether starts to be consumed by real needs on the network not only speculation.

The third outcome being that ether never launches what it promissed.

the fourth outcome being that ether is a disapointment and price plummtes even though BTC price doesn't move.

that two options are englobed on my first option.. i was refer to investors selling at loss due to any reason or no matter what reason was why it failed.

indeed the third outcome can be true, but i would say that ethereum never launches what he promised and never put even the shares live and all get scammed with all the investment. (what is almost unprovable when they can launch even a shitty software so they dont have legal issues.),   Cheesy
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.

Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)

My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices? 

I don't know that, and most others don't either!

this has only two outcomes, first is that as seen on many ipos, investors will be selling his shares at loss without felling bad because bitcoin will be 5 or 10 x more (and if bitcoin remains the same it can happen too) triying to get back a portion of what they blowed... and second the only way to see an increase on the price of this ether is that the project indeed sucess and ether starts to be consumed by real needs on the network not only speculation.

The third outcome being that ether never launches what it promissed.

the fourth outcome being that ether is a disapointment and price plummtes even though BTC price doesn't move.
sr. member
Activity: 462
Merit: 250
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.

Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)

My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices?  

I don't know that, and most others don't either!

this has only two outcomes, first is that as seen on many ipos, investors will be selling his shares at loss without felling bad because bitcoin will be 5 or 10 x more (and if bitcoin remains the same it can happen too) triying to get back a portion of what they blown... and second the only way to see an increase on the price of this ether is that the project indeed sucess and ether starts to be consumed by real needs on the network not only speculation.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.

Yes, that was my theory as well. Also the reason I wagered that >25000 BTC will be invested (even suggested that up to 50000 will be invested!)

My rationale behind this is the following, the amount of BTC that needs to be pumped into this coin after the launch will be enourmous, if now all people buy in the IPO, this number gets bigger and bigger in addition to that everyone already bought that was interested! So who will be the buyers that buy at over IPO prices? 

I don't know that, and most others don't either!
sr. member
Activity: 462
Merit: 250
But if the amount of ether sold continues to get bigger, i mean there is almost a month left, if at the end of this sale there are 200 millions of ether sold, what would you do? do you think a new brand alt coin will support a 100,000 btc price? this ipo can get trapped on his own success. at least for investors, not for the owners.
sr. member
Activity: 280
Merit: 250
Thanks for the reply. Investment seems interesting.

Based on the what has come so far to that BTC account. The top BTC's investment came into that address from:

WOW!

Quote
499.9997
466.7897
330.1797
329.9997
279.9997
264.9997
249.9997
249.9997
227.9997
224.9997
217.9997
199.9997
199.9997
189.9997
188.9997
173.4183
164.9997
157.40362
154.9997
149.9997
149.9997
135.3397
129.9997
127.4537
124.9997
105
103.9997
103.3817976
101.7176
sr. member
Activity: 406
Merit: 250
Can some tell me if Ethereum is only meant/useful for developers? Can it be used/useful for a non IT person?

Bump + 22,216.44112997 BTC in the pot  Shocked Shocked Shocked Shocked

You can use the apps that are built ontop but I doubt you have the skills to program those apps.

Anyway I think the immediate use-cases for normal non-it, non-finance guys is minimal.
sr. member
Activity: 280
Merit: 250
Can some tell me if Ethereum is only meant/useful for developers? Can it be used/useful for a non IT person?

Bump + 22,216.44112997 BTC in the pot  Shocked Shocked Shocked Shocked
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
And how do you know ethereum guys are not inflating the ether sold ? I mean they can fake the amount or autobuy their ether.

Faking the amount is not possible, as all BTC are still present. https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

(Not saying they don't send their own BTC there to inflate! Even though they would need to have a shitton BTC themselve!)
sr. member
Activity: 462
Merit: 250
And how do you know ethereum guys are not inflating the ether sold ? I mean they can fake the amount or autobuy their ether.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Thanks. Is he trustworthy?

He is pretty much one of the most trustworthy persons out there.
BUT he is an asshole Wink
That being said he may laugh at your for being a newby but he will keep his word 100%
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
Thanks. Is he trustworthy?
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
I wonder if MP is still offering his 5000/1 futures contracts?

2.5:1 and yes he still is!! Don't know were you got 5000:1 from!

Where is this happening?

You can get in contact with MP here : http://bitcoin-assets.com/

IRC #bitcoin-assets he is squatting in that channel like 16 hours a day Tongue
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
I wonder if MP is still offering his 5000/1 futures contracts?

2.5:1 and yes he still is!! Don't know were you got 5000:1 from!

Where is this happening?
sr. member
Activity: 448
Merit: 254
22000 BTC. This is madness. almost 13000000$.

 Ocтaп-Cyлeймaн-Бepтa-Mapия-Бeндep-бeй кypит в cтopoнкe
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
At this point (~22000 BTC) i am nearly 100% sure that I will win this bet. Sick shit...
legendary
Activity: 1198
Merit: 1000
I didn't receive the email, I have the downloaded the wallet.

Is it a problem ?
Jump to: