Topic: [ANN] Ethereum: Welcome to the Beginning - page 1284. (Read 2007155 times)

Ironically, users of this very forum drove the creator away and caused his released to be delayed multiple times with their FUD and scam accusations.

seems like emunie is the only fundraising coin that is doing it right, whether you like them or not.

Months of public beta testing before the IPO as well as the founders themselves having to buy-in with no premine ... I wonder why they're not claiming they need to get paid for their work.  They seem to believe in their product more than the ether team does in theirs.

You have to respect that.

seems like emunie is the only fundraising coin that is doing it right, whether you like them or not.

Months of public beta testing before the IPO as well as the founders themselves having to buy-in with no premine ... I wonder why they're not claiming they need to get paid for their work.  They seem to believe in their product more than the ether team does in theirs.

You have to respect that.

+1

this is not a revolution, this is just bullshit. Propaganda has made you believe this is something special.


Ethereum may have decent tech backings. But the philosophy behind distribution and IPO fund raising is far below NXT. They basically want to give you sand for your gold. NXT asked for 21BTC to cover developments. Fine, totally fair IPO really. ETH is asking 30,000BTC!

Give them your BTC, support these devs and their counterparts with millions of dollars for a shitty coin.

Not only that, as soon as the IPO investments are distributed it immediately begins to decrease in value. From the first minute ETH launches, you are already losing your profit.


The only way this could possibly be any good is enough people supported this shit with a massive campaign and community. From what i've seen, 80% of this thread is a negative vibe towards eth. And not 1 comment from their PR? IPO is this week... pathetic.


Wake up man, this is almost as bad as a scam no matter how flashy their graphics or website is.
You can't sugar coat shit to make it taste better.



If you don't like NXT, then i suggest taking a look at eMunie. Fundamentally the same IPO, but a none whorish distribution. Those dudes have been working their asses off for 6-12months with maximum transparency, a beta client and solid features that will be launched on day 1. eMunie will work hard to make you a profit on your investment, not work hard to degrade it. http://emunie.com/

There's some decent discussions on the Reddit thread... though it's starting to get run over by "IF I INVEST WHEN CAN I SELL" threads....

This will be a revolution.

If I have .1 BTC to invest, will I be able to invest that small of an amount?

Maybe a nice Idea, but again it's an investment scheme in it due to the limited supply of Etheres.

That are all nice functions, but I don't see, why in order to use them one has to buy into a highly speculative currency. In fact smart property, smart contracts, decentralized exchange, etc. Would all work better if issuers and and users of these wouldn't need to buy into a currency that is intended to get more and more expensive in order to use it.

I see really nice developments in crypto and it's cool that so many obviously smart people get involved in it.

But it's utterly disappointing, that everything build is at is core build only to make the early adopters rich. (Same thing with: Mastercoin, ProtoShares, Nxt, etc)

What all this people could accomplish if they would help develop Bitcoin?  

This type of fundraising puts investors in a very bad spot. Right out the gate, miners will be reducing their value very rapidly. Exactly 1 year after, devs/founders will dump 1/3 of their stash.
So investors will have to fight just to retain their ROI... not a spot you want to put yourself in when investing in any other coin could give you hundreds of % easily (if you pick the right one). Not to mention, in 46 years, your initial stake will be diluted to 5% of it's original value, so holding for the long term is not particularly rewarding.

And my question of why ETH should have any value has not quite been answered. It's not being put forward as store of value, ETH's value is in the programs that can run on top of ETH. So they create a situation where most people won't actually buy more ETH than they need to run a particular program (ie. no one is going to want to hold ETH with these initial inflation rates and risk of devs dumping 1 year out). Why hold ETH when you can hold other coins, make a killing from price increases, and simply send a few dollars over to ETH if you happen to need to run a script? Why take a risk with the rapid inflation that may or may not devalue your original stake by -66% one year from IPO? 1-(0.5/[(0.5/3)+0.5+0.4])

In the beginning there will be very few programs to run and a lot of ETH available... perhaps it will be better to buy (and mine) after launch. ETH is a good idea, but they punish investors much too greatly.

I agree. I keep coming back to this thread *hoping* to see an actual discussion on the technical merits, challenges, and risks, but the trolls only want to talk about the IPO funding.

The good news about this thread is that it's helping me build my ignore list rather rapidly =)

I've posted a little infogram about the fundraiser which might help understand it a bit better:

- http://www.ursium.com/ethereum-fundraiser-infogram/

14 posts? Ffs. All in this thread? Did you make an account just for this thread? Who's the troll here?