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Topic: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 23. (Read 66178 times)

hero member
Activity: 602
Merit: 500
Dear all,

I would love to get convinced about the greatness of this project. Please follow the link: So what's the deal with Slock.it?

Best,

Jian
legendary
Activity: 1806
Merit: 1828
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

Only if DAO management dumps eth in one go. If they are smart they will liquidate it in a faucet fashion and let the market absorb it over time.

So can the main curator just split without consulting the DAO? I'm thinking this can't happen without a public proposal. I'm still somewhat confused on how this all works. That's why I only have 600 DAO.

If the management of the ICO funds are subject to a vote like other "company" decisions, then there should not be a big dump of eth. Unless of course DAO management holds majority of the votes by owning the majority of tokens and just push through their votes, or if management of ICO funds is exempt from voting.

I don't think the DAO is going to create any tokens for free for the management,(who will be slock.it if the 1st proposal is approved.) I doubt the creators had the 5 million ETH necessary to have the majority of tokens, at this point. I could be wrong.
A proposal is required for any distribution of the ETH. A private proposal if someone wants to split and create their own DAO that only holds their share of the ETH. I think distribution of the ETH in our shared DAO has to be a public proposal, and needs approval. I hope my understanding is correct and I am not just a blathering idiot. Cheesy
legendary
Activity: 1638
Merit: 1013
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

Only if DAO management dumps eth in one go. If they are smart they will liquidate it in a faucet fashion and let the market absorb it over time.

So can the main curator just split without consulting the DAO? I'm thinking this can't happen without a public proposal. I'm still somewhat confused on how this all works. That's why I only have 600 DAO.

If the management of the ICO funds are subject to a vote like other "company" decisions, then there should not be a big dump of eth. Unless of course DAO management holds majority of the votes by owning the majority of tokens and just push through their votes, or if management of ICO funds is exempt from voting.
legendary
Activity: 1806
Merit: 1828
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

Only if DAO management dumps eth in one go. If they are smart they will liquidate it in a faucet fashion and let the market absorb it over time.

So can the main curator just split without consulting the DAO? I'm thinking this can't happen without a public proposal. I'm still somewhat confused on how this all works. That's why I only have 600 DAO.
legendary
Activity: 1638
Merit: 1013
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

Only if DAO management dumps eth in one go. If they are smart they will liquidate it in a faucet fashion and let the market absorb it over time.
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

yup.

lisk too as well.

waves seems like it too...maybe.

Lisk is fine, I don't know about the others
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

yup.

lisk too as well.

waves seems like it too...maybe.
legendary
Activity: 1050
Merit: 1000
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books

yeah and all the crypto peeps in it u know what happen when everyone in it it go boom
legendary
Activity: 1246
Merit: 1000
Anyone who didn't obtain their ETH through the ETH ICO is looking at monumental losses.

This is the price of hype.  DAO is overbought to hell and back, and the board room is full of random internet douchebags.

This will be a bloodletting for the history books
hero member
Activity: 574
Merit: 500
lol gatecoin lost 2 millons dollars worth of eth. Wonder how much this is going to affect the price.

https://gatecoin.com/
hero member
Activity: 574
Merit: 500
BIG AIRDROP: t.me/otppaychat
hero member
Activity: 778
Merit: 563
sr. member
Activity: 434
Merit: 250
The DAO price was supposed to change last night and didn't?


what is today's day of 30?
hero member
Activity: 778
Merit: 563
The DAO price was supposed to change last night and didn't?
hero member
Activity: 630
Merit: 500
sr. member
Activity: 368
Merit: 250
Why at first did not say the dao and founder of the wallet address is not clear who is?
sr. member
Activity: 939
Merit: 256
Just purchased a few of these tokens on Bittrex. I tired the other day but didn't realize that I needed to confirm the withdrawal with my e-mail.

That's what hung me up, too. Smiley

email confirm, ouch ... is that from the DAO guys?

No, it's from Bittrex. They treat a DAO purchase as if it were a regular withdrawal, which requires an Email confirm.

ok, that sounds better. I thought 'the DAO' was collecting email addresses ... that would have been weird
hero member
Activity: 736
Merit: 508
sr. member
Activity: 1386
Merit: 250
1XBit.com
we are the highest funded crowdfunding project!   Cool
hero member
Activity: 630
Merit: 500
so the first ICO period ends today? Anybody knows the exact time?
First period is extended until May 15th 9.00 UTC
https://blog.daohub.org/the-dao-creation-period-price-schedule-4a8bc7a76e04#.qpdx9k7zz
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