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Topic: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 17. (Read 66178 times)

sr. member
Activity: 434
Merit: 250
DAO going 5x-10x easy  Cool

10x minimum.

10x what price though? the price layers in this DAO are many and varied. 

10x the ETH ICO price?
10x the various ETH prices on its way up?
10x the final 1.5x ETH price in the last five days of the DAO ICO?

this is an atypical ICO. the normal rules may not apply.
sr. member
Activity: 434
Merit: 250
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?

Why people buy lisk now at 10x when they could buy 10 times less during ico?
Same stuff.

the Lisk ICO closed many weeks ago. in the time between then and launch further demand grew organically.

the DAO closes and then immediately launches. everyone who wants to be in it has the opportunity to be in it at X. there is no wait period after it closes for further organic demand to grow.

FOMO, though I doubt very much that it'll go to 10x the final ICO price. Maybe 2x.

As for your earlier question, this post says that it requires 48 days to withdraw Ether directly from The Dao - and of course complains about it: https://forum.daohub.org/t/can-we-agree-that-48-days-to-get-your-eth-back-is-unreasonable/2903/12

Best that I can determine, getting your ETH out requires two votes. The second vote allows you to split off your portion; the associated smart contract sends your ETH to your personal address. So, in your calculations, a month-and-a-half seems reasonable as a start. My own admittedly non-techie intuition says that hardly anyone will go through the procedure, as it's much much simpler & quicker to simply offload your tokens onto an exchange. Doing so, of course, will not affect the ETH still held by The DAO.

thanks for your input. appreciated.

it's going to be very interesting to see the dynamic between DAO Tokens and ETH on the exchanges.
sr. member
Activity: 700
Merit: 250
hero member
Activity: 532
Merit: 500
DAO going 5x-10x easy  Cool
sr. member
Activity: 478
Merit: 252
Dao will be traded in most of big exchanges including Kraken, Poloniex, Bittrex and many exchanges of Chinese.
There's not any reason for Dao to get down Cheesy
sr. member
Activity: 478
Merit: 252
Most successful ICO will definitely have the most successfull launch!
Often do many people realize the true value of a coin only after it appeared.
legendary
Activity: 924
Merit: 1000
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?

Why people buy lisk now at 10x when they could buy 10 times less during ico?
Same stuff.

the Lisk ICO closed many weeks ago. in the time between then and launch further demand grew organically.

the DAO closes and then immediately launches. everyone who wants to be in it has the opportunity to be in it at X. there is no wait period after it closes for further organic demand to grow.

FOMO, though I doubt very much that it'll go to 10x the final ICO price. Maybe 2x.

As for your earlier question, this post says that it requires 48 days to withdraw Ether directly from The Dao - and of course complains about it: https://forum.daohub.org/t/can-we-agree-that-48-days-to-get-your-eth-back-is-unreasonable/2903/12

Best that I can determine, getting your ETH out requires two votes. The second vote allows you to split off your portion; the associated smart contract sends your ETH to your personal address. So, in your calculations, a month-and-a-half seems reasonable as a start. My own admittedly non-techie intuition says that hardly anyone will go through the procedure, as it's much much simpler & quicker to simply offload your tokens onto an exchange. Doing so, of course, will not affect the ETH still held by The DAO.
sr. member
Activity: 434
Merit: 250
kraken will not have dao/btc, maybe neither poloniex?

Reminder: DAO will be available for trading on May 28th. We will announce when the market is live.
Posted by poloniex at 2016-05-27 03:38:42

and the trading pairs will be?
sr. member
Activity: 434
Merit: 250
kraken will not have dao/btc, maybe neither poloniex?

Kraken: DAO/ XBT 
full member
Activity: 159
Merit: 100
kraken will not have dao/btc, maybe neither poloniex?

Reminder: DAO will be available for trading on May 28th. We will announce when the market is live.
Posted by poloniex at 2016-05-27 03:38:42
sr. member
Activity: 1386
Merit: 250
1XBit.com
kraken will not have dao/btc, maybe neither poloniex?
sr. member
Activity: 434
Merit: 250
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?

Why people buy lisk now at 10x when they could buy 10 times less during ico?
Same stuff.

the Lisk ICO closed many weeks ago. in the time between then and launch further demand grew organically.

the DAO closes and then immediately launches. everyone who wants to be in it has the opportunity to be in it at X. there is no wait period after it closes for further organic demand to grow.
legendary
Activity: 3178
Merit: 1054
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?

Why people buy lisk now at 10x when they could buy 10 times less during ico?
Same stuff.

its for the profit. DAO for now is unsure to them. they don't even understand it. but for profit they'd buy DAOs just to earn few bucks.



its about 8PM in my country. i assume bittrex would open DAO market at 12 pm UTC as well eh?
sr. member
Activity: 700
Merit: 250
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?

Why people buy lisk now at 10x when they could buy 10 times less during ico?
Same stuff.
sr. member
Activity: 434
Merit: 250
10X at launch is possible

why would people pay 10X at launch when they can buy it today for X?
sr. member
Activity: 700
Merit: 250
10X at launch is possible
hero member
Activity: 687
Merit: 502
hero member
Activity: 3038
Merit: 617
how much will the value of each dao later or will it have value even if you don't vote to a proposal?
sr. member
Activity: 700
Merit: 250
Poloniex Exchange ‏@Poloniex 6h6 hours ago

Reminder: $DAO will be available for trading on May 28th. We will announce when the market is live.
legendary
Activity: 1382
Merit: 1002
Glad to say that our friend at Kraken Exchange will be supporting many DAO pairs starting Saturday! http://blog.kraken.com/…/1449…/kraken-to-support-dao-trading

Good to know, thanks for pointing this out!
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