Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Robin,Hood on February 19, 2018, 09:51:23 AM



Title: Is Ethereum still within legal boundries ?
Post by: Robin,Hood on February 19, 2018, 09:51:23 AM

The ICO sales happen with about 90 million in total to be produced
60 million + 12 million + 18million = ~90 million

60 million - is the Pre-sale.
12 million - is the dev fund, 0.2coins per 1 coin sold in the crowd-sale.
~18 million - 1 million coins mined per month for 18 months prior to going from POW to POS.

Now is already over 97,708,720 ETH.
Day by day the purchased "limited" presale coin gets more and more diluted.
Jul-30-2015, is 934 days ago a long way over the 18 months.

If I buy a limited edition of something and then later is changed to unlimited it has consequences.


Title: Re: Is Ethereum still within legal boundries ?
Post by: Larsius on February 19, 2018, 12:56:22 PM
Don't worry about Ethereum. Vitalik won't destroy this coin so easy.
If they need to change something for the better, they will do it so.


Title: Re: Is Ethereum still within legal boundries ?
Post by: De_nis on February 19, 2018, 01:03:49 PM
With the increase in the number of ETH, the number of ERC20 coins and tokens also increase, so I think that there is no need to worry about ether inflation.


Title: Re: Is Ethereum still within legal boundries ?
Post by: efey39 on February 22, 2018, 05:44:46 AM
There are many titles in the world of crypto money. eth, btc, altcoins etc. which of these is illegal? I think they are all in legal boundaries. so that a smooth investment can be made.


Title: Re: Is Ethereum still within legal boundries ?
Post by: adam1230 on February 22, 2018, 05:54:13 AM
Don't worry about Ethereum. Vitalik won't destroy this coin so easy.
If they need to change something for the better, they will do it so.

Vitalik is a strange guy. He said that crypto coins are not a good investment. And he said that all market will crash to zero.
So Ethereum lose weight last few days. He is not helping to grow the market maybe cause of legal issues.


Title: Re: Is Ethereum still within legal boundries ?
Post by: nndep3m on February 22, 2018, 05:57:41 AM
Would you expect anything less from someone who did a hard fork to his own blockchain to reverse a transaction? Of course he will make the rules up as he goes. This is why ETH cannot be taken seriously as a long-term blockchain. It is only a temporary solution for ICO fund-raising. Once another platform takes that place, it will die off quickly due to its poor reputation and inability to keep promises.

I wasn't an ICO investor in ETH unfortunately, but I'd be rightly pissed if I was lied to about the total supply.


Title: Re: Is Ethereum still within legal boundries ?
Post by: lero34 on February 22, 2018, 06:13:04 PM
It is not completely legal, at least in all countries. But this will improve with time. And very quickly. Many countries have already legalized the crypto currency.


Title: Re: Is Ethereum still within legal boundries ?
Post by: Neo.Prometheus on February 23, 2018, 07:19:51 PM
Investments in ICO are associated with a large number of risks, since this area is not regulated. There are both trade risks (a decrease in the price of tokens or a drop in the value of the cryptocurrency, the bankruptcy of the company, etc.) and non trading-in particular, ordinary fraud.