Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1257. (Read 2007155 times)

legendary
Activity: 1974
Merit: 1003
February 01, 2014, 09:17:44 AM
@ which time i can buy?

in abt 7 mins
member
Activity: 70
Merit: 10
February 01, 2014, 08:29:45 AM
@ which time i can buy?
legendary
Activity: 2044
Merit: 1055
February 01, 2014, 08:21:31 AM
Is it possible to pay with good old USD?

+1
Would also prefer bank transfer!
legendary
Activity: 2142
Merit: 1010
Newbie
February 01, 2014, 08:19:18 AM
Is it possible to pay with good old USD?
legendary
Activity: 2044
Merit: 1055
February 01, 2014, 08:17:47 AM
I will go in with 110 BTC

The germans are coming - help us god!  Cheesy
member
Activity: 83
Merit: 10
February 01, 2014, 08:03:50 AM
I will go in with 110 BTC
legendary
Activity: 1344
Merit: 1001
February 01, 2014, 06:14:20 AM
So what can we do if we cannot mine and can't invest?


Go for a walk and rethink your life.
legendary
Activity: 1036
Merit: 1000
February 01, 2014, 06:13:10 AM
So what can we do if we cannot mine and can't invest?
newbie
Activity: 22
Merit: 0
February 01, 2014, 06:12:42 AM
so a few can mine now, investors cannot buy still? second time or third to delay the fund-raiser and this time it is without another new deadline? what a joke, can't wait to participate in the fund-raiser of a fork with more dedicated serious devs.

As I understood mining isn't real, as it is just on the testnet. The testnet was released to give some more insights to people willing to invest. I guess that the fundraiser has been delayed due to the large response and the unsatisfying conditions of the IPO. My prediction would be that they are improving the IPO terms and will release a new date for the fundraiser as soon as they fixed the terms.

From a personal perspective I think it was a smart move to listen to the community, which clearly wasn't happy with the conditions. I would also prefer to push the fundraiser back, instead of launching an IPO to an unhappy crowd.
member
Activity: 112
Merit: 10
February 01, 2014, 06:09:24 AM
so a few can mine now, investors cannot buy still? second time or third to delay the fund-raiser and this time it is without another new deadline? what a joke, can't wait to participate in the fund-raiser of a fork with more dedicated serious devs.


who are the few that can mine now?
sr. member
Activity: 490
Merit: 250
February 01, 2014, 05:32:25 AM
sr. member
Activity: 323
Merit: 250
February 01, 2014, 05:27:13 AM
I have the Windows Ethereum v0.0.1 Client up and running....

Currently no GUI and mining isn't possible....

Will be checking for updates regurarily....
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
February 01, 2014, 05:09:16 AM
so a few can mine now, investors cannot buy still? second time or third to delay the fund-raiser and this time it is without another new deadline? what a joke, can't wait to participate in the fund-raiser of a fork with more dedicated serious devs.
member
Activity: 70
Merit: 10
February 01, 2014, 05:05:13 AM
It's amazing how this thread has evolved.
I guess with the fundraiser delay, maybe now they will consider something with better ROI for the investors.
If they come back with the same offer, I would wait and buy later from an early investor who's Ether have declined in value.
I see the project has merits, the only problems I see are the early investors getting zilch and that Ursium guy pretending to be a concerned outsider, while obviously he is involved somehow. You guys need to be clear about people's involvement in this project. I might overlook you having hired a couple of crooks from Goldman Sucks, these rats will find money. But to hire a mouthpiece "Ursium" who pretends to be a concerned outsider makes me puke.. I think Charles is a better representative for you guys on these forums
hero member
Activity: 798
Merit: 1000
February 01, 2014, 04:48:47 AM
The founders sound like greedy douchbags, but they are technically brilliant. So I guess im in, oh well lets all become millionaires.

the greedy douchebags are the ones who come on this thread and relentlessly bash it in order that they might buy a greater stake in Ethereum for less money.

http://www.investopedia.com/terms/b/bearraid.asp

this tactic known as Bear Raiding is not only immoral it is also illegal.
and if people think SEC rules do not apply to bitcoin investments then the case of Trendon shavers would clearly demonstrate how wrong that line of thinking is.

there really is no reason for ANYONE not interested in this project to be typing on this thread. therefore it is safe to say that those who type/spam the most are the ones who stand to gain the most from their actions.

seriously the amount of people who come onto bitcointalk and believe they can say and do anything they want simply because its bitcoin (or any other virtual currency) simply astounds me.
sr. member
Activity: 448
Merit: 250
black swan hunter
February 01, 2014, 04:05:27 AM
We are not raising money right now. Keep up with the news man.

There's too much pollution on this thread to be worth reading or bothering with, much of it redundant crap from one individual. Ursium's has much better signal to noise ratio. Better to lock it and start a new, self moderated one.
sr. member
Activity: 294
Merit: 250
February 01, 2014, 03:41:30 AM
The founders sound like greedy douchbags, but they are technically brilliant. So I guess im in, oh well lets all become millionaires.
newbie
Activity: 24
Merit: 0
February 01, 2014, 03:34:17 AM
Lets put the fundraiser in simple terms that everyone can understand. Everyone should agree that all investments should have a proper risk/reward ratio. This project itself has a lot of risk and potentially a lot of reward, so neither can outweigh the other. Now lets look at this objectively from that perspective.

Ethereum project;
Risk = Very High
Reward = Very High

Founders;
Risk = 0%
Reward=100%

Early adopters;
Risk = 100%
Reward = ?

Put that on a graph. Does that seem like a fair transaction to you?

Just look at the risk/reward ratio and it is way out of line, bordering on insanity. Hubris and Greed comes to mind. If you were the world's greatest cook and asked a venture capitalist or businessman to fund your new restaurant, Guess who makes the most money? Whoever takes the most risk. That's the guy who is paying for the risk out of his own pocket. It's been that way since the beginning of time. Granted, if you have risked a lot of your time and mental energy, you deserve payment for assuming that risk of your time and potential energy as sweat equity.

This is the only project that I have ever heard of that the founders have no sweat equity, no equity in capital and want all the rewards before the business even opens and then will ask the investment community to fund the entire project before it even starts and assume all of the risk.

The current investment model is appalling and downright thievery of the bitcoin community. Vitalik, please quit trying to instill a sense of fear and demand by constantly bringing up "whales" as an excuse for this model. That's just lame and I can't believe people will fall for that (edit...yes I can believe some people will). We can all guess whose idea and where those tactics were borne from.

They need to offer more ETH per bitcoin, lower the MAX to an acceptable level and therefore the pre-mine. And lower their shares of the coin to a level that doesn't reflect a persona of greed. If they are right and follow through, they can still be multi-millionaires by changing the structure in a way that it is not overly diluted and fair and equitable to early investors. The way it is structured now, they are punishing you for being an early adopter and instantly becoming wealthy without any risk at all.

I feel that if you are going to ask the investment community to fund the entire project sight unseen, then there must be checks and balances of risk/reward for founders and early adopters. This project is NOT a slam dunk, there is immense risk to go along with the rewards they are alluding to. Therefore the founders must take some risk themselves and give opportunity for early adopters to gain reward. ETH is not structured as a positive investment vehicle in its current form

Can you please explain to me why http://fund.ethereum.org/ is not working please? I dont mean to sound condescending but i dont understand why that part of the  websight is down?
legendary
Activity: 1134
Merit: 1008
CEO of IOHK
February 01, 2014, 03:20:49 AM
We are not raising money right now. Keep up with the news man.
newbie
Activity: 24
Merit: 0
February 01, 2014, 03:13:33 AM
As far as i can tell i live on the west coast of North America and your website http://fund.ethereum.org/ is not working. Your trying to raise a huge ammount of btc but your website doesnt work from day one?
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