Topic: Ethereum: 2nd gen cryptocurrency with contract programming, "dagger" hashing (Read 84330 times)

Closing for official thread

https://bitcointalksearch.org/topic/ann-ethereum-welcome-to-the-beginning-428589

If that's what you take away from your research, you've totally misunderstood. A ton of the funding will go to improving Ethereum. In fact, all of it goes to that. Development, maintenance, everything. What do you think all these talented people are going to do with years of funding? It's to build Ethereum AND the Ethereum ecosystem. What they're saying in the video is that the community has the option to build stuff too.

Quoting from the white paper:

"The minimum funding amount will be 0.01 BTC."

At first I was asking questions in this thread but since I've read the white paper, have seen presentation video and read the details in the main thread.

The devs are not going to develop any applications, it's a fact. They only provide the tool for you to do it.

If you are interested in Ethereum and I am interested contrary to what you think, how will you develop your applications or business once you gave all your money ?

The point of Ethereum are not the coins you can buy at the IPO but the applications that you build on the blockchain.

so can i buy the ipo  for like 0.10  or only 1.00 btc ?

Okay, good. You've made that totally misinformed point a few times now. Give other people a chance to talk about stuff too. If you don't like it, you've made your point, no reason to keep shouting it.

Haha ! Even mah87 opened his eyes on this IPO and understood that it's total bulshit.

You really have no brain if you send any satoshis to Vitalik.

Ethereum is a copy paste of Bitcoin except that you'll be provided a tool that allow you do easily develop on top of the blockchain.

These guys are not going to develop any application. You will have to do it yourself with their tool.

This tool will be for free after the IPO.

RIPPLE is implementing so "new" ideas since more than a year already. But good luck with that illegal "ipo"

I'm not involved in this project, so don't interpret my words as support, but can you tell me how someone steals an idea?


From what I understand, everything isn't mapped out. They've just done their homework and are pretty good at actually having a plan (a new concept to a lot of projects on Bitcointalk). There is an incredible amount of development to do, and that costs money. You can look at code that's been written, however, on their Github.

If everything is built and mapped out, why are you asking for funding? Prove and let your ideas work and then ask for money.

There is no hardwork on stolen ideas. By the way this IPO is probably NOT LEGAL.

THE ONLY THING TRUE IS THAT IT'S UP TO ANYONE TO FUND THIS ILLEGAL SHIT.

This is a x-post from the [ANN]:

I don't normally make these kinds of posts, or even bother with an account, but Bitcointalk has really deteriorated since I first saw it. Half the people on here can't even construct a proper sentence, but for some reason think we should all hear what they have to say, no matter how asinine the crap they shout over and over.

I've got a couple of points, if you care enough to read:

(1) These guys are trying to build something interesting here. They've put thought into it and a lot of energy. You need to learn how to respect someone else's work, even if you disagree with it. If the whole world operated like the people posting on Bitcointalk, we would live in a real-life idiocracy. Take a step back and realise you're just smearing crap on the walls someone else built through hard work - what have you done?

(2) If you do come to the conclusion that you don't like the project, that's fine. Try and make a statement that's rational and move on. People are shouting about devs demanding millions of dollars when nobody is demanding anything, how young Vitalik is when that has zero impact on anything (can't imagine what you were like at 19 - Lord help us), or this totally irrational obsession with premine = bad when the roads you drive on and the water you drink got premined and delivered to your tires and orifices through some type of social organisation.

(3) We don't live in a fantasy world where devs are free. People need to eat and can't develop something as significant as this project over many years without getting paid. The BTC raised will be completely transparent and go to actually making this happen (and that'll be transparent as well). If you knew anything about project development, let alone cryptocurrency development, you would know how incredibly hard it is to find competent developers. They have those and the contacts to get more. In fact, if you did a little bit of research, you would know there's constant activity of totally open code being written on a near daily basis already.

(4) The founders need to have a vested interest, just like developers. They are the ones who will champion this project harder than anyone else. If there's no incentive for them to do so, what's the point? The founders are going to dedicate years of their lives to growing this project and creating value through building something that's novel. Most projects to date have been amateur hour, and the bar is being set pretty high with Ethereum - maybe that explains all the butthurt some people have about it. How about you look into what each of the founders have contributed to this community? I think you'll get a pretty good understanding of how significant this project is for the larger and future ecosystem if you do.

tl;dr Respect someone's hard work, learn to move on if you disagree, understand that making cool things costs money, and look at the bigger picture.

ETHEREUM IS A VAPOWARE STEALING IDEAS FROM REAL INNOVATORS LIKE RIPPLE !

It took a day but my activation email did arrive.  It looks like the forum is down again and may be closed to new members again.  My guess is it will remain down until after the Miami conference.

huh, i've been trying to get my "Activation email" from the Ethereum official forum since the past 2 weeks, then i forgot about it. Tried today still no luck, anybody got a workaround ?

MaxOnBit, the thread you linked to as been confirmed as a scam.
Do not send money and please report it to the bitcointalk forum by clicking the 'report' button.

is that true ? https://bitcointalksearch.org/topic/--431128

I absolutely trust V Buterin. I've met him once (wich doesn't say anything because it was meaningless). But i trust him as a person. Of course we all do not know if buying ETH is a good thing or smart to do at all. All i know: this is the way he and the team chose to do it. And if i analyse what the offer is... it's pretty damn good if you ask me...

It is always hard to tell, still.... at least i'm holding some BTC ready for the transfer. I've never exchanged BTC to fiat. I've only bought stuff or was holding for the longest time.. But this is the first time i consider exchanging my BTC.

Please help out: Should I?

I saw earlier "3 days" in countdown. Btw, I don't have screen, so take it easy. Things like countdown on OP's site look like deadline presented.

Thanks for posting, clears up a lot of things.