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Topic: How to buy DAO tokens the easy way using Bittrex - page 2. (Read 7553 times)

sr. member
Activity: 332
Merit: 250
Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

CNBC: Automated company raises equivalent of $120M in digital currency

http://www.cnbc.com/2016/05/17/automated-company-raises-equivalent-of-120-million-in-digital-currency.html


Reuters UK: Virtual company may raise $200 million, largest in crowdfunding

http://uk.reuters.com/article/us-blockchain-crowdfunding-idUKKCN0Y82LI

Dammmmmmnnn.

Well I hope doesn't turn out to be scammy, cause it'll look bad on crypto and ETH as a whole.

Indeed. This whole DAO thing could prove a nice mileage towards how crypto is being looked upon in general...  Smiley
legendary
Activity: 1120
Merit: 1000
Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

CNBC: Automated company raises equivalent of $120M in digital currency

http://www.cnbc.com/2016/05/17/automated-company-raises-equivalent-of-120-million-in-digital-currency.html


Reuters UK: Virtual company may raise $200 million, largest in crowdfunding

http://uk.reuters.com/article/us-blockchain-crowdfunding-idUKKCN0Y82LI

Dammmmmmnnn.

Well I hope doesn't turn out to be scammy, cause it'll look bad on crypto and ETH as a whole.
legendary
Activity: 952
Merit: 1000
Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

CNBC: Automated company raises equivalent of $120M in digital currency

http://www.cnbc.com/2016/05/17/automated-company-raises-equivalent-of-120-million-in-digital-currency.html


Reuters UK: Virtual company may raise $200 million, largest in crowdfunding

http://uk.reuters.com/article/us-blockchain-crowdfunding-idUKKCN0Y82LI
legendary
Activity: 924
Merit: 1000
Now in WSJ (this article is also hilariously clueless): Chiefless Company Rakes In More Than $100 Million

http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393

The Forbes article and the WSJ article are pretty funny. Both authors seem to think it is some sort of "magic".  Either way great press for the entire crypto community!

Be patient with them. Wink
hero member
Activity: 756
Merit: 500
Now in WSJ (this article is also hilariously clueless): Chiefless Company Rakes In More Than $100 Million

http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393

The Forbes article and the WSJ article are pretty funny. Both authors seem to think it is some sort of "magic".  Either way great press for the entire crypto community!
legendary
Activity: 952
Merit: 1000
An article about the DAO in the financial Times: Automated company raises equivalent of $120m in digital currency

http://www.ft.com/cms/s/0/600e137a-1ba6-11e6-b286-cddde55ca122.html
legendary
Activity: 952
Merit: 1000
Now in WSJ (this article is also hilariously clueless): Chiefless Company Rakes In More Than $100 Million

http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393

Now TechCrunch: The Tao of “The DAO” or: How the autonomous corporation is already here

http://techcrunch.com/2016/05/16/the-tao-of-the-dao-or-how-the-autonomous-corporation-is-already-here/

Also DAO is now THE biggest Crowd Fund in history.  Over $120 million now.

https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projects
legendary
Activity: 952
Merit: 1000
Now in WSJ (this article is also hilariously clueless): Chiefless Company Rakes In More Than $100 Million

http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
legendary
Activity: 952
Merit: 1000
Thought people may find this relevant - 1st mainstream media attention:

Fortune Magazine: Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting :

http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/
legendary
Activity: 952
Merit: 1000
Tried to buy but theres no GUI, these devs suck!

GUI for what?  If you use an exchange like Bittrex you don't need a GUI.
member
Activity: 115
Merit: 10
Tried to buy but theres no GUI, these devs suck!
legendary
Activity: 952
Merit: 1000


Ah, many thanks for explaining, as well as all the other info you posted around regarding. It sure helped me a lot in understanding it better  Wink

You're welcome.  I'm glad it helped. I'm not an expert or anything and I don't know if the DAO will succeed or not but I would like to spread the message so others like me can get involved.  Might completely fail or be as big or even bigger than Bitcoin itself - either way I would hate to miss out.  I just wish someone had done the same for me in the early stages of Bitcoin, lol!
sr. member
Activity: 332
Merit: 250
DAO's are tradable and exchangeable, just like regular coins?

Yes, once the creation period is over.

Ah, many thanks for explaining, as well as all the other info you posted around regarding. It sure helped me a lot in understanding it better  Wink
legendary
Activity: 952
Merit: 1000
DAO's are tradable and exchangeable, just like regular coins?

Yes, once the creation period is over.
sr. member
Activity: 332
Merit: 250
So, buying DOA's through Bittrex would acquire you some tokens that can be traded later on (after the creation period ends), though Bittrex would be the one in ownership/control of it's voting part; am I correct on this one?

No.  You can move your DAO tokens off Bittrex once the creation period is over and use your voting rights as anyone else would.  You probably couldn't vote with them whilst they're on the exchange though and whilst technically Bittrex could use your tokens to vote whilst they are on the exchange I don't see them doing that unless they want to piss off their customers.

Thank you, yet the next question pops up:

I'm not into Ethereum, so forgive me ignorance. I find this DAO thing interesting, but it still confuses me. I was reading somewhere that any DAO purchased are tied with the ETHER spend on them, and that's where it buzzez me; DAO's are tradable and exchangeable, just like regular coins?
legendary
Activity: 1372
Merit: 1000
I created some using a web browser wallet, some with gatecoin and some with bitterex...


Please note everyone that gatecoin has been hacked
legendary
Activity: 952
Merit: 1000
So, buying DOA's through Bittrex would acquire you some tokens that can be traded later on (after the creation period ends), though Bittrex would be the one in ownership/control of it's voting part; am I correct on this one?

No.  You can move your DAO tokens off Bittrex once the creation period is over and use your voting rights as anyone else would.  You probably couldn't vote with them whilst they're on the exchange though and whilst technically Bittrex could use your tokens to vote whilst they are on the exchange I don't see them doing that unless they want to piss off their customers.
sr. member
Activity: 332
Merit: 250
So, buying DOA's through Bittrex would acquire you some tokens that can be traded later on (after the creation period ends), though Bittrex would be the one in ownership/control of it's voting part; am I correct on this one?
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