Topic: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 11. (Read 66178 times)

thanks. it's certainly a brave new world experiment. i'll be watching it closely...from the outside. i'm expecting lessons to be learned and the next generation of DAO project to get it right.

DAO is attempting  to be the next level in society economics evolution what is hard to rap your mind around.
I don’t believe in a crowd wisdom but I know that in surviving game the species who organize themselves usually are  the winners.
Whole DAO idea is very futuristic-imagine, to whom government would send a bill or fine-they definitely are not going to be happy about that .But I also think they will not be able to stop block chain evolution.
   There can be a lot of possible theories and profit incentives for creating it .Some say it can be a scam but noticing what kind of  people  are within this  newly created space it can't be  just a “"simple" “ scam.  Even if it’s so –it’s a massive one and you can profit anyway .
However what I  like  most is that DAO brings  revolutionary challenge to society.   
For me it’s a big gamble and I invested in it just for this very reason-it can be a very big success or very big failure. 

i just still do not go along with the idea that great funding decisions are made by crowd consensus.

the contrarian thinker makes the big wins. The DAO seems fundamentally flawed. it is herding at its worst.

so myetherwallet has no known issues to which we can also send our DAOs there?
been meaning to send my DAOs to my hard drive yet i also don't want to experience any issues as i don't wanna work on my laptop much. i jsut wnat to turn it on and store my coins there and back to my PC.

Thank you for the well thought out reply. I now understand what I got myself into. I must admit, I invested in this as a speculation, not as a long term investment. I am not sure my paltry holdings of 2600 DAO is even going to be worth my time babysitting this investment. The only proposal I would even consider making a vote at the moment, is the one to hire someone to fix the DAO code. However, I would have preferred someone who actual can "fix" the code and spell out what they will do to accomplish that, make that proposal. So I will probably vote no.

Announcement!

The DAO added on list Coin price ticker(CPT)

Will be available within two hours on Google Play.

Go to twitter https://twitter.com/WISKUNDESTUDENT/status/736975601958027264 for a preview(screenshot).

Go to Google Play to download: https://play.google.com/store/apps/details?id=wiskunde.nl.coinpriceticker&hl=nl

Sincerely,

Wiskunde

From an outside conventional view, it does make sense. Right now, The DAO is like a closed-end fund holding ETH. Unlike ETF's closed-end funds traditionally trade at a discount to their underlying holdings because there's no way for the shareholders to get their share of the underlying assets. This illiquidity isn't literally true of The DAO, but withdrawal means going through a two-Proposal two-step that's going to take well over a month. Given how volatile Ethers are, it should be no surprise (really) that The DAO trades with an "illiquidity discount." Three's only one way to arbitrage: withdrawing. Unlike the case with an ETF, there's no way to deposit ETH & get more DAO.

Right now, there's not enough excitement about The DAO's future investments to get everyone dreaming big dreams about it. There's no "blue sky." This lack of excitement is going to continue not only because it's raised a huge amount of funds but also because it's structured as a long-term investment fund - something like a venture-capital fund.

There's really only two way in which The DAO can become a ten-bagger:

1. It secures enough fees from successful fundings to be valued as a billion-dollar business, or:
2. Its ETH goes up ten times in value, and its investments are valued at cost.
[3: a mix of 1 & 2.]

So right now, if you want to trade it, it's best to view The DAO as a means to pick up ETH at a discount, provided you account for the illiquidity of withdrawal. It's a long-term investment, whose total roi would have to include the fun of participating in it.

weeks? ha!  try months if not a year or more.  ;\

Send directly from topmine,i used my wallet ETH to register,someone says have the same situations on kraken,they send him email,but i dont get email from topmine.

I know any company to get value need to sell some asset so we need time to get profit from ico but i need to release some fund to invest on something else so i decide to get out with 10 % lost

he says before ICO that means he must want to participate during the ICO? you hsould have read how to buy DAOs on this pages https://daohub.org/
buying DAOs is very much different from jsut sending BTCs to an address to an ico page. heres an instruction thru bittrex https://bitcointalksearch.org/topic/how-to-buy-dao-tokens-the-easy-way-using-bittrex-1465376
unfortunately the link bittrex.com/balanace/dao isn't available anymore as the ico already ended.

clearly a manipulation between ETH and DAO, ETH supports DAO and now ...

simply, go to the toilet !!

yes, and that means the real value could be 'to the moon' or 'in the toilet'.

i'm almost expecting proposals to be a manipulation.

Yes, I guess we'll know a lot more after the first few weeks ...

Which exchange did you use to send Eth?
If you use Eth address in an exchange to get Dao, then your exchange will have that Dao.
You should open a support ticket on that exchange!

Slock.it be out when please tia

Before ico ends i send eth from exchange but have no tokens.

We will see the real value of DAO when first proposal is applied for voting.

Nothing about this token is "normal". This is the new "normal" in the making.
This is not a coin, it is more like a company share.

I am reading about some people in this thread writing about the "worst ICO ever". In my eyes this is something new and fresh and never done before. There are no POW, POS or some other bs, the tokens created until yesterday is the only coins that will EVER exist. People dumping their shares below ICO price must be really desperate and have no faith at all. You are not worthy holding the future of crypto in your hands.

People holding this token in a year or two will most likely be filthy rich.

DAO got so much funding only because ETH has YUUUGE market cap, which is based on speculation. ETH is not even usable now, there is no reason for such market cap, and there is no reason for DAO to be valued so high, there are no fundamentals to justify amount of money in ETH marketcap.