Topic: Eth will skyrocket the next days - page 4. (Read 6426 times)

Quote from: lordoliver on May 20, 2016, 05:56:06 AM

Just wondering what will happen to Eth price when DAO starts investing and all that Eth it took in is sold for fiat to support various projects. It just seems odd that the DAO drove up price significantly to only drive it down as soon as actual funds are needed. Should be an interesting ride.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

Definitely time to get off the train before DAO starts cashing in. Once that ball starts rolling who knows where the bottom is.

does anyone know, WHEN DAO can use the cash? Directly after IPO end?

The DAO can only use the cash once it's been put to the token holders and voted on. Even then there's no guarantee that the token holders would vote for the cash to be released.

yea but in theory there can be a proposal and a commitment on the next day, isn't it?

No.

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Quote from: Minecache on May 20, 2016, 05:40:03 AM

Quote from: lordoliver on May 20, 2016, 04:54:55 AM

Quote from: Minecache on May 20, 2016, 05:40:03 AM

Just wondering what will happen to Eth price when DAO starts investing and all that Eth it took in is sold for fiat to support various projects. It just seems odd that the DAO drove up price significantly to only drive it down as soon as actual funds are needed. Should be an interesting ride.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

Definitely time to get off the train before DAO starts cashing in. Once that ball starts rolling who knows where the bottom is.

does anyone know, WHEN DAO can use the cash? Directly after IPO end?

The DAO can only use the cash once it's been put to the token holders and voted on. Even then there's no guarantee that the token holders would vote for the cash to be released.

yea but in theory there can be a proposal and a commitment on the next day, isn't it?

"Accepting a Proposal requires a majority decision after a debating period of two weeks minimum, and a participation rate of 20% or higher calculated proportionally to the value of ETH requested in the Proposal."

lordoliver

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Quote from: lordoliver on May 20, 2016, 04:54:55 AM

Quote from: lordoliver on May 20, 2016, 04:54:55 AM

Just wondering what will happen to Eth price when DAO starts investing and all that Eth it took in is sold for fiat to support various projects. It just seems odd that the DAO drove up price significantly to only drive it down as soon as actual funds are needed. Should be an interesting ride.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

Definitely time to get off the train before DAO starts cashing in. Once that ball starts rolling who knows where the bottom is.

does anyone know, WHEN DAO can use the cash? Directly after IPO end?

The DAO can only use the cash once it's been put to the token holders and voted on. Even then there's no guarantee that the token holders would vote for the cash to be released.

yea but in theory there can be a proposal and a commitment on the next day, isn't it?

Minecache

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Just wondering what will happen to Eth price when DAO starts investing and all that Eth it took in is sold for fiat to support various projects. It just seems odd that the DAO drove up price significantly to only drive it down as soon as actual funds are needed. Should be an interesting ride.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

Definitely time to get off the train before DAO starts cashing in. Once that ball starts rolling who knows where the bottom is.

does anyone know, WHEN DAO can use the cash? Directly after IPO end?

The DAO can only use the cash once it's been put to the token holders and voted on. Even then there's no guarantee that the token holders would vote for the cash to be released.

lordoliver

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