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Topic: Anyone buying Ether ? - page 4. (Read 10318 times)

legendary
Activity: 1008
Merit: 1000
August 04, 2014, 04:49:33 AM
#15
How much have they raised by now? I wonder how much do the developers need to survive Grin

STORJ sounds good but I have to look into it properly. Maybe get a few.
member
Activity: 84
Merit: 10
https://btcjam.com/users/39914
July 26, 2014, 07:09:58 AM
#14
Ether is now on sale. Would like to the opinion of India community about buying Ether. I think the project was promising. But, the way IPO is being made and they have removed their team list from home page, I'm now suspicious.

1BTC = 20k ether 2k ether

Ether - had long waiting , high expectation , bigger dump after release

I sent a few BTC to STORJ .. awesome project http://storj.io/crowdsale.html

Is Mike Hearn the guy behind StorJ ?


BITCOIN HACKATHON WINNER at Texas Bitcoin Conference 2014.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
July 26, 2014, 07:04:11 AM
#13
Ether is now on sale. Would like to the opinion of India community about buying Ether. I think the project was promising. But, the way IPO is being made and they have removed their team list from home page, I'm now suspicious.

1BTC = 20k ether 2k ether

Ether - had long waiting , high expectation , bigger dump after release

I sent a few BTC to STORJ .. awesome project http://storj.io/crowdsale.html

Is Mike Hearn the guy behind StorJ ?
member
Activity: 84
Merit: 10
https://btcjam.com/users/39914
July 26, 2014, 06:47:45 AM
#12
Ether is now on sale. Would like to the opinion of India community about buying Ether. I think the project was promising. But, the way IPO is being made and they have removed their team list from home page, I'm now suspicious.

1BTC = 20k ether 2k ether

Ether - had long waiting , high expectation , bigger dump after release

I sent a few BTC to STORJ .. awesome project http://storj.io/crowdsale.html
legendary
Activity: 1358
Merit: 1000
July 25, 2014, 10:33:01 AM
#11
The bitcoin that they raise would be used to fund their expenses for the next 1 year. I am assuming that they would have to convert it to fiat to meet their expenses.
Could it lead to substantial selling pressure on the market?
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
July 25, 2014, 09:56:35 AM
#10
I'm looking at it from a different angle...

If the team is confident about the price rise of ether, why are not they holding the pre-mine rather selling against BTC ? They have VCs behind them. So money is not a problem for them. If ether would be valuable, why the core team would be selling it in the first place ? Lot of early adopters of Bitcoin like Hal Finney, who believed in bitcoin, still hold their stash. So, if the core team is selling ether to raise capital, why should public buy it ?

Way too many flags for me on this one. I was spooked by their initial aborted IPO and nothing I have seen since have made me revise my opinion. This has the look of a group of greedy developers wanting to get paid upfront, and leave all risk to the investors. I am sure a cheaper fork will come along as soon as it is released.

Exactly. The technology they are suggesting is awesome, but not the dev team. And, I can see, what u r suggesting, is already coming => https://bitcointalksearch.org/topic/m.7991275
hero member
Activity: 623
Merit: 501
July 25, 2014, 04:44:18 AM
#9
If you buy be careful during the proces cause I may have lost my BTC because I didn't spot the json download button (containing my wallet).
legendary
Activity: 1008
Merit: 1000
July 25, 2014, 04:42:09 AM
#8
The way they have seeped into everybody's conscience, like how Vitalik is godlike in his abilities and only rivaled by Satoshi, how Turing complete it is never mind that C itself is one, how its going to make everything so simple and is the google of crypto, how the developers are subsisting on their own pockets. It all seems to me like the work of a very clever marketing time.

I am not kidding. Go into reddit or anywhere and you see almost a religious fervour in the support.
legendary
Activity: 1008
Merit: 1000
July 25, 2014, 04:38:54 AM
#7
I'm looking at it from a different angle...

If the team is confident about the price rise of ether, why are not they holding the pre-mine rather selling against BTC ? They have VCs behind them. So money is not a problem for them. If ether would be valuable, why the core team would be selling it in the first place ? Lot of early adopters of Bitcoin like Hal Finney, who believed in bitcoin, still hold their stash. So, if the core team is selling ether to raise capital, why should public buy it ?

Way too many flags for me on this one. I was spooked by their initial aborted IPO and nothing I have seen since have made me revise my opinion. This has the look of a group of greedy developers wanting to get paid upfront, and leave all risk to the investors. I am sure a cheaper fork will come along as soon as it is released.
hero member
Activity: 490
Merit: 500
July 25, 2014, 03:07:37 AM
#6
I am with BitCoinDream on this one
Has the feel of a sophisticated pump and dump, so I for one shall be sitting it out on the sidelines
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
July 24, 2014, 03:49:34 AM
#5
I'm looking at it from a different angle...

If the team is confident about the price rise of ether, why are not they holding the pre-mine rather selling against BTC ? They have VCs behind them. So money is not a problem for them. If ether would be valuable, why the core team would be selling it in the first place ? Lot of early adopters of Bitcoin like Hal Finney, who believed in bitcoin, still hold their stash. So, if the core team is selling ether to raise capital, why should public buy it ?
hero member
Activity: 490
Merit: 500
July 24, 2014, 02:37:38 AM
#4
Probably worth a small punt based on the pedigree of the founding team if nothing else
Appear to have been reasonably transparent so far
sr. member
Activity: 378
Merit: 250
July 23, 2014, 11:29:26 PM
#3
But, the way IPO is being made and they have removed their team list from home page, I'm now suspicious.

So far, they are fair in all announcements. The main lead Vitalik Buterin is actively working on the project. They have a number of Cryptographers (like Ralph Merkle) & other security engineers working on this project.
They  already raised 6000 BTC i.e., 3.8M $ with in 24 hours of launch !!
sr. member
Activity: 378
Merit: 250
July 23, 2014, 10:54:09 PM
#2
1BTC = 20k ether

1BTC = 2k ether  NOT 20k ether
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
July 23, 2014, 06:19:39 PM
#1
Ether is now on sale. Would like to the opinion of India community about buying Ether. I think the project was promising. But, the way IPO is being made and they have removed their team list from home page, I'm now suspicious.

1BTC = 20k ether 2k ether
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