I was very optimistic about the IPO but now I have some doubt about how many people gonna really use the ethers.
The idea bitcoin was very simple as a currency and had a big success since you can buy almost everything paying by Bitcoin now. BTC had plenty adopters (mostly speculants) because of simplicity and the fact that you have decentralized money flow
On the other hand ethers isn't a currency but is a fuel for developers who can write applications and people who gonna use that applications spending ethers to perform actions. To estimate the real value of ethers I would need to know how many ethers need to be spend to build the app how much the actions costs. If each user have to spent 1 ether to fuel a contract I think it has no big potential to incerase the price of ethers because using them may become to expensive and it may really slow the development. The fuel supose to be cheap to make the economy efficient. Actually the vaule of ethers needs to be very stable to make it even usable.
Topic: [ANN] Ethereum: Welcome to the Beginning - page 1227. (Read 2006108 times)
Sorry to interrupt the trolling and desecration of my likeness.
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Can someone from the Ethereum Team, or ETHSuisse, please explain the rationale behind liquidating the company that would have just created Ethereum, shortly after the Genesis block?
ref: page 3 of 32 of the T&C of the Genesis Sale
Quote
The Ethereum Platform is being developed primarily by a volunteer contributor team -- many of whom will be
receiving gifts of ETH in acknowledgement of their dedication -- and will continue to be developed on a
volunteer basis by some developers as well as under a more formalized contracting or employment
relationship for other developers. The group of developers and other personnel that is now, or will be,
employed by, or contracted with, Ethereum Switzerland GmbH (“EthSuisse”) is termed the “Ethereum Team.”
EthSuisse will be liquidated shortly after creation of genesis block, and EthSuisse anticipates (but does not
guarantee) that after it is dissolved the Ethereum Platform will continue to be developed by persons and
entities who support Ethereum, including both volunteers and developers who are paid by nonprofit entities
interested in supporting the Ethereum Platform.
receiving gifts of ETH in acknowledgement of their dedication -- and will continue to be developed on a
volunteer basis by some developers as well as under a more formalized contracting or employment
relationship for other developers. The group of developers and other personnel that is now, or will be,
employed by, or contracted with, Ethereum Switzerland GmbH (“EthSuisse”) is termed the “Ethereum Team.”
EthSuisse will be liquidated shortly after creation of genesis block, and EthSuisse anticipates (but does not
guarantee) that after it is dissolved the Ethereum Platform will continue to be developed by persons and
entities who support Ethereum, including both volunteers and developers who are paid by nonprofit entities
interested in supporting the Ethereum Platform.
Giga, my young padawan. You have to understand the nature of the Ethereum. First, Ethereum and Ether. Then, Vitalik EthSuisse. Hookers! Booze! Bitcoin Collector's Party!
i cant find it but can anyone tell me what the max coins is?
There is no max. It's based on percentage. More initial purchaser, more coins.
i cant find it but can anyone tell me what the max coins is?
But... this altcoin will be possible to mine?. Or its just you buy right now ether with bitcoins and that's it ?
You can mine, yes.
OK thx
And when will ether mining will be possible ? I suppose still weeks or months left?
I don't really know what to do.mine just btc. Try mining altcoins like this one. ... because this altcoin is not going to start from "0" I mean, they already selling ether. So what will be difficulty when mining becomes available ?.
Do you think it's worth it to try to mine this altcoin ?
When can the transaction 
But... this altcoin will be possible to mine?. Or its just you buy right now ether with bitcoins and that's it ?
You can mine, yes.
I just read an article about this pre-sale.
But... this altcoin will be possible to mine?. Or its just you buy right now ether with bitcoins and that's it ?
But... this altcoin will be possible to mine?. Or its just you buy right now ether with bitcoins and that's it ?
Ok, can I just send the BTC to your BTC address and you confirm the funds + tell me when someone took the opposite side?
OK... I will PM you a fresh BTC address.
Anyone who wants to bet against TwinWinNerD needs to PM me.
I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.
does not preclude someone else taking my place
look at you, little man, using such big words! You should make sure you know what they mean next time
Well, look - its the word police. Thanks for showing up to maintain order in the thread. You can take the extra "not" with you. You'll probably have use for it later.
Ok, can I just send the BTC to your BTC address and you confirm the funds + tell me when someone took the opposite side?
OK... I will PM you a fresh BTC address.
Anyone who wants to bet against TwinWinNerD needs to PM me.
I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.
does not preclude someone else taking my place
look at you, little man, using such big words! You should make sure you know what they mean next time
Bought 10k ETH.
Probably best thing I've done after discovering XBT.
Probably best thing I've done after discovering XBT.
Good luck with that investment.
Ok, can I just send the BTC to your BTC address and you confirm the funds + tell me when someone took the opposite side?
OK... I will PM you a fresh BTC address.
Anyone who wants to bet against TwinWinNerD needs to PM me.
I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.
Bought 10k ETH.
Probably best thing I've done after discovering XBT.
Probably best thing I've done after discovering XBT.
Ok, can I just send the BTC to your BTC address and you confirm the funds + tell me when someone took the opposite side?
OK... I will PM you a fresh BTC address.
Anyone who wants to bet against TwinWinNerD needs to PM me.
Thanks. I will only bet 0.2 BTC, so you guys need to figure out who takes that action, I don't really care who!
Correct me if I'm wrong. But isn't ether the fuel for the blockchain application tool? I'm not sure the price of ether is relevant.. but what can be done with it is..
I'm sorry, but i do not understand.
"PLEASE ENSURE THAT YOU HAVE DOWNLOADED YOUR WALLET AND ENSURED THAT THE
.JSON WALLET FILE (ethereum-wallet-.json) IS ON YOUR COMPUTER BEFORE YOU SEND ANY BTC."
How can ensure that i have downloaded my wallet and ensured that the .json wallet file is on my computer before i send any btc, if i get it in the email?
Nobody has the same problems
"PLEASE ENSURE THAT YOU HAVE DOWNLOADED YOUR WALLET AND ENSURED THAT THE
.JSON WALLET FILE (ethereum-wallet-.json) IS ON YOUR COMPUTER BEFORE YOU SEND ANY BTC."
How can ensure that i have downloaded my wallet and ensured that the .json wallet file is on my computer before i send any btc, if i get it in the email?
Nobody has the same problems
Hello Trunzo, sorry you are having problems. You can download your wallet on Step 5, ahead of purchasing with BTC.
Think of the wallets as gift cards. At first, you can get the giftcard but not 'load it'. Once the BTC is transferred the card is loaded.
The reason we had to make the wallet downloadable early on in the process is because the blockchain.info API could go down (it's outside our control). In which case the BTC would be transferred, the wallet loaded, but the last screen would not appear. Making the (empty) wallet downloadable early on, it helps prevent this (potential) issue.
How it all works is explained on: https://blog.ethereum.org/2014/07/09/how-to-make-a-purchase-in-the-ether-presale/
If you still need help, please email [email protected], which is manned 24/7.
Thank you very much, I'll try it again
After buying, all i need is the emailed backup file! I will store them on a usb! Is that right?
i am also willing to take the other side of this bet with you for any amount up to 10btc
I can escrow all bets free of charge (minus transaction fees)!
Ok, can I just send the BTC to your BTC address and you confirm the funds + tell me when someone took the opposite side?
Desaster in the making. 5000 BTC investing in under 24hours and 43 days to go. The 50000 BTC are likely to be broken in the timeframe and even 75k-100k seems possible. You guys know that devs then get 7500-15000 BTC in ethereum + the BTC itself. Also a yearly inflation that is enourmous at 50000 BTC raised....
So many people will get burned, it is really sad
So many people will get burned, it is really sad
Well your math is off, but your point is still valid.
First of all, anyone who knows anything about fundraising knows that you can have well over 50% come in the first wave of fundraising. I'd say this IPO might get to 10k-12k BTC, but no way it is going to 50k or 100k.
However, there is going to be a glut of Ethereum on the market. It has the potential to be coin with a $10 million dollar cap day one with a 26% inflation. Wow. Then you have a community that has already all invested. Who are the buyers at launch? This will set a precedent for IPOs in the future. It does have the potential of being an investment bloodbath.
It's no math but my own assumptions and my expectations. I am pretty sure we will pass 25-30k BTC mark and am even willing to bet on it for a smallish sum.
I will bet any amount your choose on that it doesn't exceed 25k. You name the amount and escrow and I am down.
Haha, now I should bet >25000 BTC and just invest on my own too
I will try to find someone, I only want to bet 0.2 BTC or something like that, as I don't really care much about it! Will contact you if I succeed at finding someone!
i am also willing to take the other side of this bet with you (or anyone) for any amount up to 10btc
Good luck 
The price after the IPO will be lower why would anyone buy NOW?
The price after the IPO will be lower why would anyone buy NOW? Jump to: