[ANN] Ethereum: Welcome to the Beginning - page 1239.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: Come-from-Beyond on April 07, 2014, 01:05:56 PM

Quote from: drawingthesun on April 07, 2014, 12:53:59 PM

I have no idea what you are talking about and I think you are being deceptive.

I live in Australia, but regardless there is current research that shows the legal status of Bitcoin:

http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country

http://bitlegal.io/

In addition to the lack of Bitcoin being outlawed in most nations, I wouldn't be surprised that during a CryptoCurrencies rise to trillion dollar status for it to be banned at least for a year or more. Before the country realised its mistake. However this hasn't happened so far and that war is a long way off.

So... Banks close accounts related to Bitcoin, e-stores remove applications related to Bitcoin, sites ban accounts related to Bitcoin and u say that Bitcoin is not outlawed. Ok, never mind.

I think he is referring soley to the legal status.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: drawingthesun on April 07, 2014, 12:53:59 PM

I have no idea what you are talking about and I think you are being deceptive.

I live in Australia, but regardless there is current research that shows the legal status of Bitcoin:

http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country

http://bitlegal.io/

In addition to the lack of Bitcoin being outlawed in most nations, I wouldn't be surprised that during a CryptoCurrencies rise to trillion dollar status for it to be banned at least for a year or more. Before the country realised its mistake. However this hasn't happened so far and that war is a long way off.

So... Banks close accounts related to Bitcoin, e-stores remove applications related to Bitcoin, sites ban accounts related to Bitcoin and u say that Bitcoin is not outlawed. Ok, never mind.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Come-from-Beyond on April 07, 2014, 12:48:44 PM

Quote from: drawingthesun on April 07, 2014, 12:42:01 PM

Also, what the hell? The current most successful digital 'e-currency' or 'cryptocurrency' to exist throughout all of history is the decentralised Bitcoin. Please note that all other 'e-cash' systems that relied on the blessing from old white men have failed in comparison.

Bitcoin has not been outlawed and has not become Ripple 2.0. Obviously there is a third option which evades you; be like Bitcoin but better. And that is what I hoped Ethereum was going to be.

Bitcoin is not outlawed? What country do u live?

I have no idea what you are talking about and I think you are being deceptive.

I live in Australia, but regardless there is current research that shows the legal status of Bitcoin:

http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country

http://bitlegal.io/

In addition to the lack of Bitcoin being outlawed in most nations, I wouldn't be surprised that during a CryptoCurrencies rise to trillion dollar status for it to be banned at least for a year or more. Before the country realised its mistake. However this hasn't happened so far and that war is a long way off.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: drawingthesun on April 07, 2014, 12:42:01 PM

Also, what the hell? The current most successful digital 'e-currency' or 'cryptocurrency' to exist throughout all of history is the decentralised Bitcoin. Please note that all other 'e-cash' systems that relied on the blessing from old white men have failed in comparison.

Bitcoin has not been outlawed and has not become Ripple 2.0. Obviously there is a third option which evades you; be like Bitcoin but better. And that is what I hoped Ethereum was going to be.

Bitcoin is not outlawed? What country do u live?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Come-from-Beyond on April 07, 2014, 12:31:42 PM

Quote from: TwinWinNerD on April 07, 2014, 12:26:03 PM

Yeah if this turns out to be ripple 2.0 im out too!

In my opinion there r only 2 options:

1. to be Ripple 2.0
2. to be outlawed

This is applied to every cryptocurrency.

Also, what the hell? The current most successful digital 'e-currency' or 'cryptocurrency' to exist throughout all of history is the decentralised Bitcoin. Please note that all other 'e-cash' systems that relied on the blessing from old white men have failed in comparison.

Bitcoin has not been outlawed and has not become Ripple 2.0. Obviously there is a third option which evades you; be like Bitcoin but better. And that is what I hoped Ethereum was going to be.

Equate

hero member

Activity: 770

Merit: 500

Ripple 2.0 no way

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Come-from-Beyond on April 07, 2014, 12:31:42 PM

Quote from: TwinWinNerD on April 07, 2014, 12:26:03 PM

Yeah if this turns out to be ripple 2.0 im out too!

In my opinion there r only 2 options:

1. to be Ripple 2.0
2. to be outlawed

This is applied to every cryptocurrency.

I don't really care if the organisation is outlawed, Satoshi was so confident he realised he was no longer needed and left us to our own devices.

Once the code is ready and the system operational, if the core team fail another can take it's place.

However now I see that the Ethereum core team are making themselves as much apart of ethereum as the code. Therefore the only logical conclusion is a fork is made with decentralisation in mind.

Again, why can't they make the release and offer pre-mine coins for an IPO? I do not want to keep investing in companies, I keep losing my money.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: TwinWinNerD on April 07, 2014, 12:26:03 PM

Yeah if this turns out to be ripple 2.0 im out too!

In my opinion there r only 2 options:

1. to be Ripple 2.0
2. to be outlawed

This is applied to every cryptocurrency.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Yeah if this turns out to be ripple 2.0 im out too!

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Ursium on April 05, 2014, 09:31:18 AM

Quote from: imar2014 on April 05, 2014, 05:53:21 AM

More than just a rumour, i saw him in a recent video (a week or so ago on YT) saying IPO is only a matter of weeks away. Check out their forum, there is alot of talk regarding the IPO and all signs point to an imminent IPO (which will run for at least 4 weeks i think or up to 60 days ?). They have a crazy target of 30,000 Bitcoin though...Im not sure what happens if they dont meet their target...I believe it's 1000 Eth per BTC invested.. Q4 is the target time to have it up and running (at least the first version of it) not IPO

A couple of things.

- It will be an Ether sale, ie, a kickstarter type event to preorder Ether
- There is no date announced for it
- There is no detail announced about it
- There is no 30k 'target'. A comment was made, way back, that the organization could envisage doing a lot of good for the ecosystem up to 30k btc, it's not and has never been a goal.

The model has changed quite drastically since its first draft I think people are going to be pleasantly surprised. We're aiming to create the template for setting up a DAO: open and transparent wall to wall. Open organization, open equity, open source and open salaries. This explains the delay in releasing information by the way.

More soon.

I am now getting really confused with the IPO. I was always under the impression we invest bitcoin and in return we get ether. The ether comes from a pre-mine or something.

Now I was talking with someone the other day who is confident the IPO is now about investing in the company itself, so we invest in shares or something. Now to me that sounds like i'm buying into a centralized arm or something. I was content with purchasing a share of the first ether but the investing in a company seems less than ideal.

Can someone explain this please? I really am not interested in another organization that can be targeted and attacked and I certainly do not want to invest in such a target.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: S3MKi on April 07, 2014, 11:50:25 AM

Quote from: cosmofly on April 06, 2014, 06:50:09 PM

when is the IPO ? come on guys wtf

soon

soonish^TM®

S3MKi

legendary

Activity: 1540

Merit: 1016

Quote from: cosmofly on April 06, 2014, 06:50:09 PM

when is the IPO ? come on guys wtf

soon

cosmofly

full member

Activity: 532

Merit: 100

PrimeDAO - An Adoption Engine for Open Finance

when is the IPO ? come on guys wtf

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: ?? on ??

Quote from: TwinWinNerD on April 02, 2014, 05:05:43 AM

I hope they send an announcement email to all the subscribers of the newsletter for the IPO!

Be afraid be very afraid, you will bee, you will get an email, this is the business plan this project is so ambitious the only value may be in selling the IPO

It's still long time till Eth will be released.

Ursium

full member

Activity: 149

Merit: 100

Ethereum

Quote from: imar2014 on April 05, 2014, 05:53:21 AM

More than just a rumour, i saw him in a recent video (a week or so ago on YT) saying IPO is only a matter of weeks away. Check out their forum, there is alot of talk regarding the IPO and all signs point to an imminent IPO (which will run for at least 4 weeks i think or up to 60 days ?). They have a crazy target of 30,000 Bitcoin though...Im not sure what happens if they dont meet their target...I believe it's 1000 Eth per BTC invested.. Q4 is the target time to have it up and running (at least the first version of it) not IPO

A couple of things.

- It will be an Ether sale, ie, a kickstarter type event to preorder Ether
- There is no date announced for it
- There is no detail announced about it
- There is no 30k 'target'. A comment was made, way back, that the organization could envisage doing a lot of good for the ecosystem up to 30k btc, it's not and has never been a goal.

The model has changed quite drastically since its first draft I think people are going to be pleasantly surprised. We're aiming to create the template for setting up a DAO: open and transparent wall to wall. Open organization, open equity, open source and open salaries. This explains the delay in releasing information by the way.

More soon.

imar2014

newbie

Activity: 37

Merit: 0

More than just a rumour, i saw him in a recent video (a week or so ago on YT) saying IPO is only a matter of weeks away. Check out their forum, there is alot of talk regarding the IPO and all signs point to an imminent IPO (which will run for at least 4 weeks i think or up to 60 days ?). They have a crazy target of 30,000 Bitcoin though...Im not sure what happens if they dont meet their target...I believe it's 1000 Eth per BTC invested.. Q4 is the target time to have it up and running (at least the first version of it) not IPO

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

I hope they send an announcement email to all the subscribers of the newsletter for the IPO!

NotoriousBIT

member

Activity: 82

Merit: 10

Just a rumor. Somebody said it was mentioned on Let's Talk Bitcoin's podcast but I didn't watch the whole thing. Doesn't seem real. I'm sure it would've been posted somewhere.

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: NotoriousBIT on April 01, 2014, 02:55:51 PM

Is the rumor that the IPO will open up this month just a rumor?

Where you read about that?

NotoriousBIT

member

Activity: 82

Merit: 10

Is the rumor that the IPO will open up this month just a rumor?

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1239. (Read 2007155 times)