Topic: Ethereum IPO reboot coming, time to get nervous about the future of crypto - page 5. (Read 11856 times)

Quote from: arbitrage001 on July 25, 2014, 11:51:25 AM

The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

they are not 'investors' - they are buyers of a product. It was made very clear by the ethereum-guys that no gains should be expected.

the thing that hurts is: the btc you throw at them will probably be worth 3 times what they are now by the time ethereum is MAYBE released.
If i was a buyer of ethereum i would not expect to get more btc back. If you bought eth with the goal of making more btc then i have bad news for you.

The Ethereum people have been very careful with the words the use not to raise the ire of regulators. The fact remains that somebody who buys Ether today is investing in its future and is thus an investor.

Who ever has invested in it should be looking to get out of it as soon as its profitable as there has been a lot of discussion about the issues with this alt coin otherwise they are going to get burned and lose a lot of money.

marcelus

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Quote from: arbitrage001 on July 25, 2014, 11:51:25 AM

Quote from: gustav on July 25, 2014, 06:35:35 PM

The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

they are not 'investors' - they are buyers of a product. It was made very clear by the ethereum-guys that no gains should be expected.

the thing that hurts is: the btc you throw at them will probably be worth 3 times what they are now by the time ethereum is MAYBE released.
If i was a buyer of ethereum i would not expect to get more btc back. If you bought eth with the goal of making more btc then i have bad news for you.

The Ethereum people have been very careful with the words the use not to raise the ire of regulators. The fact remains that somebody who buys Ether today is investing in its future and is thus an investor.

marcelus

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Quote from: ChuckOne on July 25, 2014, 05:04:25 PM

Investing in Ethereum is a good for its investors because if it works, it will likely swallow up every coin out there - including bitcoin. Why? Because it is a far more powerful proposition than anything else that exists right now.

no, it won't. You didn't read the disclaimer. It'll collapse if the token becomes too expensive.

TOS:
"19.15 Risk of Rapid Adoption and Insufficiency of Computational Application Processing Power on the Ethereum Network

If the Ethereum Platform is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which ETH miners can bring online additional mining power. Under such a scenario, the entire Ethereum Platform could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Ethereum Project and ETH.

Insufficiency of computational resources and an associated rise in the price of ETH could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy."

you guys don't even read this stuff! If it is too expensive it'll be unusable. If you want to go to the moon stick to bitcoin, very simple. Ether is just a freakin' experiment. Have fun betatesting and reporting bugs.

I have read it. This problem applies to bitcoin and every other coin. A coins use value is only as good as its network allows.

marcelus

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Quote from: bitjoint on July 26, 2014, 06:38:04 AM

Investing in Ethereum is a good for its investors because if it works, it will likely swallow up every coin out there - including bitcoin. Why? Because it is a far more powerful proposition than anything else that exists right now.

Proof?

I raised plausibility questions some time ago and nobody has answered them yet. It seems you can explain what the main technical benefit of Ethereum is.

The main benefit? It extends blockchain technology to a whole raft of different use cases. The possibilities are endless.

slaveforanunnak1

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Quote from: gustav on July 25, 2014, 06:35:35 PM

you guys don't even read this stuff! If it is too expensive it'll be unusable. If you want to go to the moon stick to bitcoin, very simple. Ether is just a freakin' experiment. Have fun betatesting and reporting bugs.

Of course it is just an experiment! just like bitcoin... lol

I supported bitcoin when it was a joke (and a libertarian dream), and turned out pretty well... Why shouldn't I support ethereum when it is a joke (and a libertarian dream)? For some of us it is not about the money, it is about supporting the evolution of blockchain technologies.

Thaaaank you. The fucked up part is that these comments are from so called crypto fans. Lol

All i know is that they are working hard on all angles on this.

https://github.com/ethereum/cpp-ethereum/releases

bitjoint

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Quote from: gustav on July 25, 2014, 06:35:35 PM

you guys don't even read this stuff! If it is too expensive it'll be unusable. If you want to go to the moon stick to bitcoin, very simple. Ether is just a freakin' experiment. Have fun betatesting and reporting bugs.

Of course it is just an experiment! just like bitcoin... lol

I supported bitcoin when it was a joke (and a libertarian dream), and turned out pretty well... Why shouldn't I support ethereum when it is a joke (and a libertarian dream)? For some of us it is not about the money, it is about supporting the evolution of blockchain technologies.

gustav

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Quote from: marcelus on July 24, 2014, 04:40:02 PM

Investing in Ethereum is a good for its investors because if it works, it will likely swallow up every coin out there - including bitcoin. Why? Because it is a far more powerful proposition than anything else that exists right now.

no, it won't. You didn't read the disclaimer. It'll collapse if the token becomes too expensive.

TOS:
"19.15 Risk of Rapid Adoption and Insufficiency of Computational Application Processing Power on the Ethereum Network

If the Ethereum Platform is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which ETH miners can bring online additional mining power. Under such a scenario, the entire Ethereum Platform could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Ethereum Project and ETH.

Insufficiency of computational resources and an associated rise in the price of ETH could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy."

you guys don't even read this stuff! If it is too expensive it'll be unusable. If you want to go to the moon stick to bitcoin, very simple. Ether is just a freakin' experiment. Have fun betatesting and reporting bugs.

Peter R

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Every contract on the Ethereum blockchain (or bitcoin blockchain) can be enforced by the blockchain itself. If you have read that page, I struggle to see how you can't grasp that. Men with guns aren't required. There is no ambiguity in blockchain contracts.

Whether we are talking bitcoin, Nxt or Ethereum, if a contract involves external information or requires external action, then it cannot be enforced in a trustless manner by the network. The majority of contracts that would be useful to me involve external information or action, so something like Gavin's Oracle idea is more appealing than something like Nxt or Ethereum.

For example, it would be useful to write unbreakable contacts based on the market price of bitcoin, but this is not possible to do in a trustless way on any platform.

CoinRocka

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What if bitcoin really is just an experiment? Success/gains in the experiment afforded you the key or opportunity to buy Ether.

Its nice to dream isn't it? Cool

claimore

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Time to be scared if you are on the IPO.

ChuckOne

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Investing in Ethereum is a good for its investors because if it works, it will likely swallow up every coin out there - including bitcoin. Why? Because it is a far more powerful proposition than anything else that exists right now.

Proof?

I raised plausibility questions some time ago and nobody has answered them yet. It seems you can explain what the main technical benefit of Ethereum is.

vlight

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Quote from: arbitrage001 on July 25, 2014, 11:51:25 AM

The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

they are not 'investors' - they are buyers of a product. It was made very clear by the ethereum-guys that no gains should be expected.

the thing that hurts is: the btc you throw at them will probably be worth 3 times what they are now by the time ethereum is MAYBE released.
If i was a buyer of ethereum i would not expect to get more btc back. If you bought eth with the goal of making more btc then i have bad news for you.

I disagree. BTC is just a means to get ether. Better count your ROI in terms of USD or XAU.

slaveforanunnak1

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Quote from: arbitrage001 on July 25, 2014, 11:51:25 AM

Quote from: arbitrage001 on July 25, 2014, 11:51:25 AM

The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

they are not 'investors' - they are buyers of a product. It was made very clear by the ethereum-guys that no gains should be expected.

the thing that hurts is: the btc you throw at them will probably be worth 3 times what they are now by the time ethereum is MAYBE released.
If i was a buyer of ethereum i would not expect to get more btc back. If you bought eth with the goal of making more btc then i have bad news for you.

no, didn't buy eth so i can make btc. Bough some (SOME, didn't sell the goat to buy btc) to help support a project that i believe can help out humanity.

If i lose that money, it's fine! I pretened I played a poker game and lost! I don't invest what i can't lose.

gustav

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The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

they are not 'investors' - they are buyers of a product. It was made very clear by the ethereum-guys that no gains should be expected.

the thing that hurts is: the btc you throw at them will probably be worth 3 times what they are now by the time ethereum is MAYBE released.
If i was a buyer of ethereum i would not expect to get more btc back. If you bought eth with the goal of making more btc then i have bad news for you.

arbitrage001

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Quote from: marcelus on July 25, 2014, 08:30:42 AM

The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

Good luck to the investors then.

marcelus

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The IPO is for a fixed amount of days. The amount of Ether created is exactly equal to the amount demanded by investors. Its market cap will be what the market decides. The Ethereum developers have zero say in this.

arbitrage001

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Quote from: wenben on July 25, 2014, 07:43:33 AM

Quote from: Fernandez on July 25, 2014, 04:30:34 AM

I don't see at all how this is any good for investors. If one is paying for this imagining he is doing it for the greater good and changing the world then thats fine. But I bet most are investing hoping for a huge profit.

This is one IPO which in its original avatar raised a lot of flags in my head. I will just wait for a competent group (like the XCP guys) to fork it.

Any coin can be forked. That's not a valid argument specific to Ethereum.

Investing in Ethereum is a good for its investors because if it works, it will likely swallow up every coin out there - including bitcoin. Why? Because it is a far more powerful proposition than anything else that exists right now.

It appears that the supply of coin is controlled by developers. Should demand go up, what stop them from creating more?

It is not controlled by the developers.

The IPO thing they are doing right now. Where is the ether coming from?

Did they say how many they are going to create?

marcelus

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Quote from: wenben on July 25, 2014, 07:43:33 AM