They are asking YOU and the entire bitcoin community to TRUST them and GIVE them 30,000 BTC before launch and make them millions before one coin is mined with absolutely no documentation, no insurance, no bond, no transparency, no regulatory filings. Do not let them deceive you. This is not just another coin launch. When you ask for this type of money, you MUST file the proper paperwork and background checks. Who are these guys? ONE youtube video and they are asking for 30,000 BTC. Let them earn their money like every other dev, mine a small part and let the market decide how much the coins should be worth. Even if you like the tech DO NOT enable this kind of behaviour and let these fukin devs take advantage of the bitcoin community. They want to be millionaires with YOUR money before even launching. They want YOU to take ALL the risk while they become millionaires with ZERO risk. They will be laughing all the way to the bank in their new Lamborghinis and Homes, while you are nervous about your money the entire time. They have no sweat equity or money in of their own in this project. Does this seem right to you?
Actually if anyone has bombarded this thread by repeating the same point over and over and over again, it is you.
You have been repeatedly told that 30,000 BTC does not translate to 36 million dollars on current BTC prices but you ignore them and stick to your version. You just want to scare people away. You have repeatedly been told that 30,000 represents a hard cap and it remains to be seen how much our community actually invests but again you only acknowledge what is convenient for you. For the record what is the largest IPO in BTC terms that has been raised for alt-coins. I know XCP has PoB'ed 1600+ BTC. Anything higher than that? ETH might not attract an investment in 5 digits so I really do not understand the fuss.
At least if shit went sideways and they were regulated in canada, there would be SOME recourse, wouldn't you agree?
The truth is ETH has some very large issues in overrall design. We need people to point these out and bring things to our attention. The creators are treating this like a product. Well we are tired of being sold crap. ETH was not created by god, it was created by people. People can be stupid, nearsighted, petty, greedy and wrong. The creators of ETH are no different. People are people. The motivation for this project is obviously greed. Not a desire to create a better world.
MightX you are the most self entitled pig I have ever met. Have you yourself done ANYTHING other than bitch about other peoples ideas, products or services?
If you don't like something, then make one yourself. Sick of seeing you on these forums with ZERO ideas, but bashing all the good ones.