Topic: [ANN] Ethereum: Welcome to the Beginning - page 1228. (Read 2006044 times)
25+ million invested? what is so great about this? is it really worth that much!!!!!!
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!
What will they going to do with all the Bitcoins? Will they use them for Ethereum or they will keep the bitcopins for themselves?
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.
Am I the only one who thinks guy looks creepy as fuck?
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.
I wonder what percentage of this community are the ones even investing. Before people even really even knew the IPO was open here, there was already a lot of money in the IPO. I am assuming companies/investors are coming outside of the crypto community too. It's not like some random alt that just made a thread here a week before the IPO opened ... it had a ton of exposure.
To be profitable, buyers would have to come from outside of the typical crypto community, most likely. With that amount of money invested, they surely could make some noise marketing-wise. So it'd then be those not typically interested in crypto, reading about some wildly successful IPO, or an article about how Ethererum is the next 'big thing'... and so on. Not so sure there is enough of them to make this profitable for investors buying in now, but I wouldn't say it's impossible either. It's certainly risky though.
I think this has been the most publicized IPO ever. And with a 40 day on ramp for investing, I think the community will be well versed. However, I do think there will be some buyers. More than sellers, wow, thats a whole other story.
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
Basically if they don't announce an IPO cap Etherium is pretty much doomed.
At the least, it'd probably make a lot of sense to wait until the deadline (13 days from now for max) before deciding to put any money into this. If the numbers are insane by then... yeah... may not be the best investment. They are already sort of insane as it is.
Basically if they don't announce an IPO cap Etherium is pretty much doomed.
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.
Funny thing is, the way their IPO is structured, the more hype and the more people invest, the lower the immediate return will be (assuming any return) for each individual investor - think Facebook's IPO - and it all gets diluted by massive inflation going forward.
So many people will get burned, it is really sad
Will you be among them?
No, I have decided to evaluate AFTER the project is released. I expect the price to be about 50% lower then.
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.
I wonder what percentage of this community are the ones even investing. Before people even really even knew the IPO was open here, there was already a lot of money in the IPO. I am assuming companies/investors are coming outside of the crypto community too. It's not like some random alt that just made a thread here a week before the IPO opened ... it had a ton of exposure.
To be profitable, buyers would have to come from outside of the typical crypto community, most likely. With that amount of money invested, they surely could make some noise marketing-wise. So it'd then be those not typically interested in crypto, reading about some wildly successful IPO, or an article about how Ethererum is the next 'big thing'... and so on. Not so sure there is enough of them to make this profitable for investors buying in now, but I wouldn't say it's impossible either. It's certainly risky though.
I see people calling ether a coin.
It sounds to me more like buying a MSDN license. It supports further MS development, it doesn't buy you any stock or shares in the company, MS can sell an infinite number if licenses, and it is only really useful if I am a developer or user of an application based on their framework.
Sure you will eventually be able to trade the ether fuel with others later, but the supply is infinite and people will only need to buy ether if they are expending it (faster than they are mining it)
Edit : who is going to pay for it ? The video on their homepage gave the example of a decentralized Facebook. Are these FB 2.0 users really expected to mine or buy ether to use the service ? Or more likely the service will be free and ad sponsored. How many scenarios will there be where consumers actually need to burn ether ?
Quote
Ether is a product, NOT a security or investment offering. Ether is simply a token useful for paying transaction fees or building or purchasing decentralized application services on the Ethereum platform; it does not give you voting rights over anything, and we make no guarantees of its future value.
It sounds to me more like buying a MSDN license. It supports further MS development, it doesn't buy you any stock or shares in the company, MS can sell an infinite number if licenses, and it is only really useful if I am a developer or user of an application based on their framework.
Sure you will eventually be able to trade the ether fuel with others later, but the supply is infinite and people will only need to buy ether if they are expending it (faster than they are mining it)
Edit : who is going to pay for it ? The video on their homepage gave the example of a decentralized Facebook. Are these FB 2.0 users really expected to mine or buy ether to use the service ? Or more likely the service will be free and ad sponsored. How many scenarios will there be where consumers actually need to burn ether ?
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.
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.
So many people will get burned, it is really sad
Will you be among them?
You all are making me confused.
So many people will get burned, it is really sad
Will you be among them?
Some ppl put in almost 500 BTC. That will get burned for sure.
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
It is an interesting scenario. On one hand, the coin is certainly unique, has professional coders and a ton of exposure. But the sums being thrown at it are getting scary. I wonder who will be left to buy it after the ipo is over.
It doesn't mean it still can't be profitable, as nobody knows. It's just riskier than I would have thought early on. Mining probably would make more sense than buying now, assuming someone already has mining equipment.
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
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