Topic: Daohub to become one of the largest crowdfunds ever. - page 5. (Read 8984 times)

Please explain to me what this "Fantastic opportunity" consists of. Proposals will eat away the invested founds and there will be a very long time before anyone invested can get any dividents.

I know u can cash out , BUT can you keep it on an exchange and watch the DAO price go up ?

2.  Do you auto get involved in a project if you just keep it on Bittrex ?

Excited about DAO as well. I don't have much to invest but yeah. I can see the project may go on as what is expected.
I only hope it won't take a year before the price of DAO burst.


Really? why is it on the exchange if its not to them yet?

It could be possible now that BTC Relay is up and running. That wasn't really an option when this DAO was being formed, but a future DAO could theoretically use this to store BTC as a backing value for their tokens on the Ethereum network and just utilize the contracts as a way to manage the organization while keeping all their funds in BTC. That would obviously be a bit more involved and that whole concept is still fairly experimental, but it is definitely a scenario that is on the table so to speak.

Poloniex added support for the DAO token sale, joining Gatecoin and Bittrex as the 'big' exchanges offering the service.
http://themerkle.com/poloniex-adds-support-for-the-dao-token-sale/

I completely agree with you. I cant believe what we are in front of. It actually is a little scary when you see the value in eth and now the dao. Its a life changer right now I believe.

Slock it talks about etherium wallet can I use ethereumwallet.com to send the ETH or do I have to install the desktop software that they have at github?

The DAO as a concept is a great idea - it enables potentially large funds to be gathered from a large number of people in the world with very few barriers to entry - no regulatory barriers, only technical ones dealing with a crappy Ethereum Mist wallet (in German Mist means dung!) and quite complex procedures for voting etc.

($48 Million raised so far in THE DAO!)

Once these barriers are more or less removed so that non-techie participants can join in, I can see billions or more flowing into these DAOs. After all we are in a world of huge debts and huge savings sitting doing nothing as there seems little point in keeping funds in banks earning nothing or putting them into an overvalued stock market.

One potential barrier for investors in DAOs is that the funds are stored in ETH rather than BTC, with the risk of the ETH value plunging on conversion to fiat. I wonder if there can be a way for a new DAO to be created on the Ethereum blockchain with its smart-contract abilities but with storing the value in BTC rather than in ETH?

Because the DAO is autonomous and will send funds to a public key once the voters agree to do that - it must hold the ETH private key somewhere (encrypted of course) - so why cannot the DAO funds be deposited in BTC, the DAO hold the BTC funds and private key - and disburse BTC to the projects.

If this was a possible scenario then I can see huge funds flowing in to such a DAO.

Any ideas?

No.

It would be interesting to see The DAO break away from Ethereum - is that even possible?

And ethereum is broke as a joke now. They even had to shut down their forum over $300 per month.

interesting how lisk n dao go at launch

Why are they giving us a headache lol Just bought hundreds of DAO as i only have few ETH.
Installing Mist wallet made my transaction easy than figuring out daohub. I spent an hour or two reading the whole instructions over and over.  Anyway, it is indeed a very revolutionary idea.

After the funding period ends (28 MAY 09:00 GMT)

Over 40 million raised now 

The DAO can't decide anything of the like without putting the vote to holders. Most of which are long in ETH so wouldn't vote for such an action. Seriously you naysayers need to get a grip on your disgusting lies and FUD.

Funding ends May 28th so it will be shortly after.

etheruem only have about 8,000btc of all the $800million market cap.
if dao decided to dump their eth and get real cash to fund their coding, marketing and hiring then this scam vaporware etheureum could drop from $800million market cap to $8million in an instant.

When DAO trading will start?

There is an official way How to split the DAO

Also you could sell your stake to someone else, which will be much simpler