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Author Topic: DAO trading is up in bittrex  (Read 924 times)
bitterbit (OP)
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May 28, 2016, 08:39:01 AM
Last edit: May 28, 2016, 08:51:23 AM by bitterbit
 #1

It seems that bittrex is al ready : https://bittrex.com/Market/Index?MarketName=BTC-DAO
I'm surprised to see the tabling DAO with BTC.
What do u think today's price would be?
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May 28, 2016, 09:09:16 AM
 #2

A few exchanges seem to have it listed another one is https://btcmarkets.net

I cant seem to send my DAO from myetherwallet.com though  Embarrassed

I think price will go up to 2 ETH per 100 DAO today.
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May 28, 2016, 09:41:24 AM
 #3

it is trading under the ICO price right now Cheesy Cheesy

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May 28, 2016, 09:43:39 AM
 #4

Nice to know. I'll closely watch the price, and maybe buy some. It would sound more logical for me if it was listed for ETH, since people used this currency to buy their DAO.

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May 28, 2016, 11:23:33 AM
 #5

it is trading under the ICO price right now Cheesy Cheesy
I was buying it on the 1 of May at price of 18,9k satoshi, now it's ~26k. So for those who bought it early it makes sense to sell it, but I'm not sure if it will be possible to buy it back later on lower prices Grin


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May 28, 2016, 12:38:09 PM
 #6

it is trading under the ICO price right now Cheesy Cheesy

What is the ICO price ?
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May 28, 2016, 12:40:47 PM
 #7

Should I buy cheap DAO or cheap LISK??  Huh
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May 28, 2016, 02:02:35 PM
 #8

it is trading under the ICO price right now Cheesy Cheesy

What is the ICO price ?

ICO price ranged from 100/ETH for first 2 weeks to 150/ETH recently...
(But I would guess 90% bought in at 100/ETH)...
So ETH/100 acts as a floor because you can pull out of the DAO before voting and get your ETH back.

lol, DAO is trading on Bittrex for almost exactly ETH/100 = floor price...
Which is a massive vote of non-confidence.

With all the absurd hype, no one seemed to realize that the massive sucking of 20% of all ETH...
Into a dodgy, unworkable free-money-for-my-friends scheme with an awful name like "The DAO"...
Could seriously damage Ethereum's reputation and lead to a slow death spiral like NXT.  

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May 28, 2016, 02:15:59 PM
 #9

it is trading under the ICO price right now Cheesy Cheesy

What is the ICO price ?

There wasn't a fixed set price, either measured in Ether or Bitcoin. The ICO started with 1 Ether getting you 100 DAO units, rising up daily upto 1.5 Ether getting you 100 DAO's until the ICO ended. During the ICO, the price of Ether was on the rise as well.

So measured in Ether, one could say the ICO price was like 1.25 Ether for every 100 DAO's. But this isn't accurate, since >75% of all the DAO's were purchased at a rate of 1 Ether for 100 DAO's...
Measured in Bitcoin, taking day 1 in account, the price calculated from DAO > Ether > Bitcoin, was slightly less than 19k for a single DAO.

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May 28, 2016, 04:31:42 PM
 #10

it is trading under the ICO price right now Cheesy Cheesy
I was buying it on the 1 of May at price of 18,9k satoshi, now it's ~26k. So for those who bought it early it makes sense to sell it, but I'm not sure if it will be possible to buy it back later on lower prices Grin


true the fiat value has changed with the recent BTC pumpage : )    but i'm pretty sure i can sell my DAO for more BTC than I invested atm

i've placed a Limit order for 0.0009BTC/DAO  come on! crazy crypto world, let's make it happen Cheesy
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May 28, 2016, 04:36:09 PM
 #11

A few exchanges seem to have it listed another one is https://btcmarkets.net

I cant seem to send my DAO from myetherwallet.com though  Embarrassed

I think price will go up to 2 ETH per 100 DAO today.

Doubled then. exchange pair DAO with BTC though so as i can see it its about $0.13/DAO. it will surely go up for those DAO holders aren't dumping it.

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May 28, 2016, 05:02:55 PM
 #12

Should I buy cheap DAO or cheap LISK??  Huh

DAO is more sensible for now.
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