Topic: Why would anyone buy this DAO crap? - page 4. (Read 6491 times)
DAO crap is as crap as ETH !
That is priceless LOL
and Good to see ya still around MicroGuy.. Altcoin Oldtimer LOL
Is this a worth coin to be invested?
The decentralized autonomous company has already been explored with things like Bitshares. Frankly, it kinda sucks. You have people providing decentralized funding, then the workers that take it have no real incentive or liability to perform unless the worker is already a huge shareholder...but that kind of extremely narrows down your field of workers doesn't it? You could issue legal contracts with the workers and sue them if they don't perform, but who is the figurehead of the DAO that handles all these things and appears in court? The DAO converges to centralization resembling a normal, publicly traded company because business is only efficient in a strict, hierarchical, top-down function.
So what exactly do you accomplish out of all this? If the DAO doesn't collapse on the way to it's evolution in becoming top-down controlled, your only real benefit is the ability to bypass the legal framework and issue a publicly traded stock from your basement (which will probably get people arrested somehow). So the pros are slightly less legal bureaucracy (only in the short term), with the cons of having nobody at the helm of the company who actually has any idea what they're doing with a valid business plan (you know, the actual important part of a business).
So what exactly do you accomplish out of all this? If the DAO doesn't collapse on the way to it's evolution in becoming top-down controlled, your only real benefit is the ability to bypass the legal framework and issue a publicly traded stock from your basement (which will probably get people arrested somehow). So the pros are slightly less legal bureaucracy (only in the short term), with the cons of having nobody at the helm of the company who actually has any idea what they're doing with a valid business plan (you know, the actual important part of a business).
Lol Kyle_Torpey!
You would be far better off buying something on the real stock market where you can personally verify some type of fundamentals, but all of those are going to crash anyway.
It's something new. Just like how you bought into BTS, remember? Not all projects become a success though... Most people lose money buying into these things. It's the reason why there are a lot of avid whiners around here.
I verified buying into ETH at first and made 20k kicking my self could of been 100k
Sent all my pre-sale Eth to Dao the first day. Didn't think it would hit 100 mil. Whoa! 
You would be far better off buying something on the real stock market where you can personally verify some type of fundamentals, but all of those are going to crash anyway.
It's something new. Just like how you bought into BTS, remember? Not all projects become a success though... Most people lose money buying into these things. It's the reason why there are a lot of avid whiners around here.
You would be far better off buying something on the real stock market where you can personally verify some type of fundamentals ...
Precisely. (not sure about the crash so I removed that from your comment.)
I bought a little because I got confused by all the mania and thought it was Powerball. When is the drawing?
The DAO price has a chance to raise after the end of crowed sale and you can always take your ethereum back so there no risk with potential gains
How you sure that dao will be valuable after they release it in the market?I heard many people are complaining it.. but really dont know what is the potencial of DAO.
The DAO price has a chance to raise after the end of crowed sale and you can always take your ethereum back so there no risk with potential gains
An easy 50% instant profit ? hard to believe, I am not doubting you, I am doubting DAO.
This has long been accounted for in the DAO code. This line of profit taking just doesn't work.
I'm not sure what's more ridiculous, the amount of pro-Eth shilling you do, or the fact that you do it while having a ponzi scheme in your signature.
"Hey guys, I promise you this Eth thing will go to $1000 each any second. I'm just an average dude off the street of high moral character, you can totally trust me. By the way, check out this Ponzi scheme!"
An easy 50% instant profit ? hard to believe, I am not doubting you, I am doubting DAO.
This has long been accounted for in the DAO code. This line of profit taking just doesn't work.
i am only looking for rises and falls in altcoins no matter what they are called
and since i missed this DAO thing i didn't buy and i already had my funds stuck elsewhere anyways
and since i missed this DAO thing i didn't buy and i already had my funds stuck elsewhere anyways
An easy 50% instant profit ? hard to believe, I am not doubting you, I am doubting DAO.
This has long been accounted for in the DAO code. This line of profit taking just doesn't work.
Roach, I'm curious why you say the stock market is going to crash, because I think the bull market still has some life left in it. 2008 seems like just yesterday for me and we're still recovering from that crisis. I do own stocks and I don't even know what a DAO is.
Look at the chart for s&p... chances are it goes down than up from here.
Roach, I'm curious why you say the stock market is going to crash, because I think the bull market still has some life left in it. 2008 seems like just yesterday for me and we're still recovering from that crisis. I do own stocks and I don't even know what a DAO is.
Look at the chart for s&p... chances are it goes down than up from here.
Roach, I'm curious why you say the stock market is going to crash, because I think the bull market still has some life left in it. 2008 seems like just yesterday for me and we're still recovering from that crisis. I do own stocks and I don't even know what a DAO is.
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