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Topic: What is good about DAO? - page 2. (Read 1949 times)

newbie
Activity: 19
Merit: 0
June 03, 2016, 05:03:03 PM
#15
The DAO is a business owned by tokenholders who use their tokens to vote on business opportunities for The DAO to pursue with the hope of participating in the profit from those opportunities.

DAO tokenholders will likely be considered general partners if The DAO gets sued. As general partners each tokenholder (even if you own just 1) could be held legally liable for the entire debt. An enterprising Plaintiff's attorney might start off by subpoenaing an exchange with KNC requirements to get a list of tokenholders, then start adding the tokenholders with collectible assets to his lawsuit.




sr. member
Activity: 406
Merit: 250
June 03, 2016, 04:59:02 PM
#14
You don't need to understand investments to invest.

THIS is by far THE DUMBEST thing I've ever read on BCT...You good sir are a fool, and that is how you end up losing money.

These days I often forget to write the /sarcasm tag.
newbie
Activity: 17
Merit: 0
June 03, 2016, 04:50:22 PM
#13
so i sent 50 ETH to an address on daohub.com...

im confused as to how this process works, how do i get the tokens to poloniex?
newbie
Activity: 5
Merit: 0
June 03, 2016, 04:21:10 PM
#12
I don't know what a DAO is and I read posts by hero members who don't know either. After looking I couldn't find anybody who could explain what use it is with a simple one sentence answer. Can anyone in this thread explain it without a wall of incomprehensible technical text and 2000 links?
full member
Activity: 140
Merit: 100
June 03, 2016, 11:23:21 AM
#11
You don't need to understand investments to invest.

THIS is by far THE DUMBEST thing I've ever read on BCT...You good sir are a fool, and that is how you end up losing money.
full member
Activity: 140
Merit: 100
June 03, 2016, 11:17:44 AM
#10

Also, Google is great for searches I have heard.

What is good or bad about DAO - what does this mean?

DAO is an experiment and extremely interesting to those who are following decentralization of economics and lifestyle.  It can't be good or bad.

+1

Also the DAO is not a cryptocurrency, altcoin, nor a platform. It is barely qualified to be called an asset. HOWEVER when you drop all those titles you end up a Decentralized Autonomous Organization. A Venture fund where ANYONE is allowed to invest. That in and off itself is groundbreaking. The only thing BTC and the DAO have in common is the fact that the are both social experiments. BTC,ETH,DAO, etc all have their merits so comparing them is foolish. Everyone knows BTC is the best store-of-value (to date) in the crypto world however there are other aspects to consider. AND if the DAO ends up the new Silicon Valley many people will be bent for underestimating it (like when BTC was $1 or $10, or $100)
hero member
Activity: 756
Merit: 500
June 03, 2016, 10:53:47 AM
#9

Also, Google is great for searches I have heard.

What is good or bad about DAO - what does this mean?

DAO is an experiment and extremely interesting to those who are following decentralization of economics and lifestyle.  It can't be good or bad.
full member
Activity: 211
Merit: 100
June 03, 2016, 10:47:30 AM
#8
free money for developer Roll Eyes
i wil choose CBX POS coin, less supply and cheap Tongue
sr. member
Activity: 565
Merit: 316
June 03, 2016, 10:46:17 AM
#7
You could try looking on Wikipedia

https://en.wikipedia.org/wiki/The_DAO_(organization)
legendary
Activity: 1344
Merit: 1000
June 03, 2016, 10:37:11 AM
#6
When I saw that DAO has millions invested in it and being the next Ethereum, I have a feeling that the price won't go up much at all. There are way too many holders trying to cash out and too much expectations on it. If expectations are not met, everyone will try to cash out driving the price lower.
legendary
Activity: 1260
Merit: 1000
June 03, 2016, 10:22:45 AM
#5
You know DAO is going to tank when the #1 and #2 Eth shills have already posted in the thread and could think of absolutely no reason why someone would want this scam asset.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
June 03, 2016, 10:13:23 AM
#4
You don't need to understand investments to invest.

But then it's called gambling and not investing.
sr. member
Activity: 406
Merit: 250
June 03, 2016, 07:28:49 AM
#3
You don't need to understand investments to invest.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
June 03, 2016, 07:21:08 AM
#2
The dao is going through a metamorphosis
hero member
Activity: 800
Merit: 502
June 03, 2016, 07:19:17 AM
#1
In simple text please :-)
Why is DAO good or bad?

Is it something new?
Why I need to invest now?
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