Topic: [ANN] Ethereum: Welcome to the Beginning - page 1293. (Read 2003740 times)

I'm not a conspiracy theory guy at all, but I don't care about the worries of wall st., etc. trying to take shit over. Why? Because it's not a conspiracy theory, it's already happened. Politicians are driven (and funded) by corporations. Even the most noble of causes can't move forward without corporate backing (trust me, I work with many non-profits). We're past a point where significant "change" can happen without big money taking over. Hell, Coinbase has ex-Goldman guys involved if i remember right.

My point is, while Crypto started as a grass-roots, underground, whatever term you want to use, it can't ever continue without these players being involved.

To try to target out one project as the "one" that is being backed by whatever nefarious group you want to apply to it is just nuts. Those people are here and will be here as long as money is to be made.

The investments involved in crypto is still really low compared to the amounts of money they have. So the money players won't back just one promising project, they'll back many if not all (not talking about crap coins). No amount of forum spamming will stop this.

There will be some evolution of BTC & Crypto, there always are technological advancements. I don't know what it is, I don't know if ETH will be it. It might be, it might not be. It's a speculative investment.

I would guess that 99% of us are here to make money. Most people aren't involved in any projects, probably like me just miners or traders. So what do we do? make our best guess on what is worth backing and what should be avoided and put our heads down and try to make some money from it.

I don't understand why people put so much effort into spamming forums, it's not going to change anyone's minds. If they are indeed backers of other "competitors" it won't change anything either.

This shit has to stop. His age is absolutely irrelevant. It is no different than discriminating against him on the basis of race or sex, or anything else. You can obviously be gamed pretty easily if you prescribe to that point of view.

good luck ! ill definetly support this !

Vitalik is a 19 y.o. child - IQ is irrelevant here, he can be gamed very easily...

@gutshot5820 -> I second that
@_ingsoc -> The old trick of name-calling and labeling instead of reasonable arguments doesn't work anymore. Too many things turned out to be true in the last 10-15 years which were previously labelled "conspiracy theories".
@organizer -> True. They are hiring the best and brightest and trying to become big players in the crypto world. But this doesn't change the fact that they will try to control the crypo-currency markets by any means. Ethereum could be one of their first try. They could be manipulating the naive Vitalik and the other guys in the project for their purpose with the slogan "you'll change the world"....

For this to happen, he will need to be ready to shell up to 10K-15K BTC, not for the faint of heart.

Pay no attention to this financial troll. Matt Y has uncovered his motive and exposed this troll for what he is. He's most likely an embedded agent working against you, the people, for his own gain!

The IPO prospectus?  Are you kidding me??  This is not a registered security and they have not filed the proper paperwork with SEC or any agency.  The prospectus will not be worth the ink on paper its printed on.  The prospectus they provide not be reviewed by the SEC, it will read like a marketing brochure.

Great project, lets wait for the actual IPO prospect and see exactly what is offered. But defiantly needed in some form!

People should be aware that this entity is attempting to raise 36 Million even before the launch of the coin through a pre-sale and that they are pre-mining 50% of the coin before launch...all for a software that will be cloned instantly after launch.  Also, since they are trying to crowdfundraise they need to by law register and file the proper paperwork with the SEC and agencies in Canada and whatever countries they are doing business in.  So far all they have is a youtube video and a few message boards and they want to become millionaires and extract 36 million dollars from the Bitcoin community all before even launching. 

Yes, thats right 36 million in crowdfundraising from the bitcoin community plus 50% pre-mine and all they have so far is a youtube video.  No transparency , no bonds, no insurance, no background checks, nothing.  Anytime an entity tries to raise any amount of money they must file the proper paperwork with complete certified financials, background on principle owners and officers, business plan, competition risk, etc.. This is to prevent fraud.  None of this has been done and they are asking for 36 million before launch in untraceable bitcoin money.

If you like the technology, don't buy into their pre-sale that is just dumb and rewarding these guys for doing nothing and basically turning them into millionaires before launch.  They are basically leaving the entire risk on the Bitcoin community.  They have nothing invested into this project yet and they want to get PAID before it even starts.  They are asking  you to GIVE them 30,000 Bitcoins before it even launches.  I say frack them.  Let them earn their money like all the other devs.  Buy it aftermarket.  They are going to dump a lot of 50% pre-mined coins aftermarket when they realize there is not enough people dumb enough to give them 30,000 Bitcoins and 50% pre-mine before the damn thing even launches.

These guys have ZERO risk and want to be millionaires before it even launches.  They are asking for 30,000 Bitcoins from you.  PLUS 50% pre-mine, PLUS huge salary. Insane and all for open source software that will be copied one hundred times after launch.

Do you follow the financial markets at all? Stocks, bonds, etc? If so, you'd know that for a long time now Wall Street has been recruiting talent to develop ultra complex trading vehicles... like the derivatives or the default swaps on mortgages that almost collapsed the economy....there's also a whole dark side of stocks for a long time now involved in high frequency trading that trades off algos... these guys aren't the "banker" cliche you might be thinking about...

with that said, it's my personal belief that Wall St. will get involved (if not already are)... if they can make money, they'll show up... I would guess there's a good deal already trading in coins... developing platforms for alt-coins...

Is it a good thing or bad thing that they'll eventually be the big player in cryptos? I dunno. But it's why Eth is compelling to me as a possible investment. One of the possible uses is developing financial derivatives... which might get mainstream money to back Eth more than anything else....

 

Hey Vitalik good luck and congratulations! Was nice to meet you at the Bitcoins Inside Vegas conference. Purchased one of every magazine you had available. I will be doing my best to learn about ethereum!

It could be Goldman Sachs plot trying to control the future of the crypto-currency world.... At 8:12 in their introductory video ( https://www.youtube.com/watch?v=q5FDvzj8YX4 ) one of the founders mentions that employees from Goldman Sachs are working in the Ethereum team. No offence to Vitalik, I respect him but he could have been conned...

With 50% premine + 35k BTCs IPO target (all risks are borne by the investors) this doesn't seem like a conspiracy theory to me....

Piece Of Sh** 

The problem with it is developers want to get rich off the expense of suckers willing to pay the insanely high price of 1 BTC for 1000 ether. And it's premined? To top it all off it's an infinitely inflationary stock (which means it dilutes forever), and it's mined. I don't see why it has to be mined. Mastercoin and Bitshares aren't going to be mined so why do we need mining at all?

I won't be investing in Ethereum early on and I had intended to when I read the technical specifications. The technical specifications are impressive but whoever is behind the economics of this is doing it all wrong.

You want to return the best ROI for the early investors/adopters. If you're going to punish them then why would anyone have faith in your stock, your product, or your future decisions? Ether is a stock and it's a perpetually diluting stock which means you have to keep buying more and more if you want to maintain the same position.

If you're an investor you should put your money in Bitshares, Mastercoin, Counterparty, but if you want to support the technology you should donate to Ethereum.

Yes and yes. There is absolutely no reasons for them to ask any money if they believe in their project and there is no reason for us to send any satoshis because the value of Ethereum come from the applications that : doesn't exist yet & will be developed by community (not Ethereum devs).

If interesting applications are created one day, it will be no use if the price per coins is too high because people won't be able to use them.

Also, no one though about it but :
If the Ethereum-development-kit is a simplification of C++ (an intermediate-level language), how can we expect applications to be optimized and effective ? How can we expect good application at all ??

Vitalik hates NXT - nothing ever mentioned by him or his magazine about it. He pretends as if it non exists!
Go figure...
 

it is not a IPO, it is a gambling.
good luck

Exactly this!