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701  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain on: May 10, 2016, 06:09:46 AM
I think about buying some of this coin. Do you believe it is too early?

4 Days left until the price increase. Then it goes to 1.5 eth = 100 DAO. Right now it's 1 eth = 100 DAO.

not so. in four days time the price begins to increase by 0.05 for each new day thereafter until it levels off at 1.5 ETH/ 100 tokens for the final four days.

i still don't see where i'm making money from this project if i invest. any clues?
702  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 09, 2016, 07:02:10 PM
How is it linked to gold? What does the linking with gold consist of?

read the whitepaper... https://www.dgx.io/whitepaper.pdf

thus far only ValueMax has minted DGX tokens. why?
703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 09, 2016, 06:59:58 PM
How is it linked to gold? What does the linking with gold consist of?

very tenuously imho :-)
704  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: May 09, 2016, 05:00:28 PM
"...knowing my credits..." - what does that mean?

... knowing my association with a respected person, group or organization and hence estimating my trustworthiness based on my reputation.

i see.

no man is an island.
705  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer on: May 09, 2016, 03:35:01 PM
"...knowing my credits..." - what does that mean?
706  Bitcoin / Bitcoin Discussion / Re: Mycelium's "crowdsale": basically a donation, not an investment by any means on: May 09, 2016, 03:33:06 PM
where's the ROI proposition?

am i a giver to crypto charities?
707  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain on: May 09, 2016, 01:57:39 PM
Yes finally got some DAO tokens! A little over 400 but its a start for now. Will buy more before ICO ends.  Cheesy

Congratulations. The top 50 investors have over 150000000 of those puppies.


to combat this concentration of power would it be possible to create a DAO pool or collective for smaller players with its own principles of governance and as an incorporated entity? There seems to be a debate about whether the DAO itself will be incorporated and which jurisdiction might be best (see the DAO forum thread). if that doesn't happen smaller players may wish to consider creating a 'subsidiary' structure, with a CEO, board, et.c.
708  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 09, 2016, 01:24:11 PM
Is there a link to the digix slack? I have asked for an invite on their website four times and haven't received one in my email as of yet. Hoping to join the conversation soon!

that's a common issue.
709  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 08, 2016, 05:56:31 PM
is or will the DAO be an incorporated legal entity?

if yes, which jurisdiction?

710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain on: May 08, 2016, 08:30:36 AM
New to DAO, so may be asking a silly question: is eth DAO different from DigixDAO (DGD) that can be seen on Coinmarketcap ?

a DAO is a type of 'company' structure. an LLC is a type of company structure. there are many LLCs. there will be many DAOs. Digix is one, and "eth DAO" (do you mean the Slock?) is another. they are both DAOs, but they have no legal connection to each other. the future prospects of one should not be assessed based on the perceived success of another. i think that may help you, but your question was slightly ambiguous.
711  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 08, 2016, 08:06:20 AM
How in the world is DigixDao trading at $10+ right now??? Is anyone actually buying large amounts at that price or is trading sort of frozen?

two whales playing a game of table tennis trading?

as of today there been six 100 gram gold trades on this blockchain. that's the total tangible asset value of DGX tokens backing the market cap of DGD tokens.

gold is trading at $40+ a gram.
712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform on: May 07, 2016, 06:12:49 PM
where's the escrow?

why the nuclear bunker?
713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 07, 2016, 04:32:38 PM
What was the ICO price of 1 token?

Thanks

around $4

So about 3 time increase! I wonder can The DAO do the same thing!!

The DAO has a completely open supply side, and buyers can claw back their ETH investment after launch and burn their DAO tokens. it is being used as an ETH pump device. ETH is too expensive.

You really are completely ignorant to what is going to behind the scenes. Instead of doing any real research you are just making a fool of yourself on here. The butt hurt is strong with this one.

following the consensus conclusions of the herd isn't the way to make money in markets. your epithets are a good sign and most welcome.
714  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain on: May 07, 2016, 03:45:01 PM
isn't ETH price going to collapse when this DAO closes?
715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 07, 2016, 01:44:13 PM
What was the ICO price of 1 token?

Thanks

around $4

So about 3 time increase! I wonder can The DAO do the same thing!!

The DAO has a completely open supply side, and buyers can claw back their ETH investment after launch and burn their DAO tokens. it is being used as an ETH pump device. ETH is too expensive.
716  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 07, 2016, 11:14:20 AM
What was the ICO price of 1 token?

Thanks

around $4

what's the source of the 600 grams of DGX gold contracts info you posted yesterday please?

token explorer https://app.digix.io/#/explorer

600 gr gold has been purchased and is tokenized

thanks.

so there have been six 100 gram trades of gold to DGX tokens on the blockchain thus far, and ALL 6 have been transacted by only one company, ValueMax Pte Ltd. of Singapore, which is a Digix Global business partner. this seems like a very closed ecosystem.

the yield for holders of DGD is going to be essentially nothing at this rate of gold trading. there's just no fundamental value to support DGD's market cap or price. these tokens are near worthless imho. it's just 600 grams of gold sitting in a secure facility at Singapore Airport supporting a cap of $26,000,000?

buying gold is just so much better value than buying DGD. this is crypto gone crazy.
717  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 07, 2016, 09:39:56 AM
What was the ICO price of 1 token?

Thanks

around $4

what's the source of the 600 grams of DGX gold contracts info you posted yesterday please?
718  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 06, 2016, 06:53:40 PM
Any exchange for these coin

Where I can buy some??

i would advise caution. some people here are of the view that we have already seen the first pump and dump. i disagree. in my view right now is the first pump cycle, with a big dump to follow. timing is everything. make sure your watch is working.

So who is going to dump that hasn't already? I know most of the large whales. DGD isn't even on an exchange with many traders yet. I would caution people to follow your advice without questing your motives. Smiley

my motive is that i don't want to see the small investor get sucked (suckered) in and lose their hard earned money to fat whales who need to suck (sucker) in small investors to make their money. i'm not holding or buying Digix DGD, and that is an clear as i can be.

Are you holding DGD?

No, I think your motive is that you would like to buy in at a lower price. My opinion - if the price is currently $15 and someone can buy now and sell later at $35 that's a pretty good return for them. You advising them not to do so is bad advice.

Where do I get $35 from? Well if you had been in the slack and read the Reddit speculation section pre exchange release and talked to most of the holders you'd know the consensus target price for many is between $33-$40. That's where I'd expect to see a next-to-last consolidation before a final spike probably up to around $50. Then, yes after that there will probably be some retraction.

i note with interest that you have failed to answer the simple question of whether or not you are holding DGD.

i have no doubt the Slack channel has been created as a boiler room populated by ICO sock puppets.

Of course I'm smart enough invest in a limited supply highly desireable asset and hold. Duh. And I would never pretend as you do that I am trying to protect people from themselves.  Please. Everyone is trying to make money. Unlike you I don't attempt to hide my motives.

it's "bad advice" because now we know you are holding DGD and you can only make more money out of it if people don't follow my "bad advice".
719  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DigixDAO] Crowdsale campaign start on: May 06, 2016, 06:43:55 PM
Any exchange for these coin

Where I can buy some??

i would advise caution. some people here are of the view that we have already seen the first pump and dump. i disagree. in my view right now is the first pump cycle, with a big dump to follow. timing is everything. make sure your watch is working.

So who is going to dump that hasn't already? I know most of the large whales. DGD isn't even on an exchange with many traders yet. I would caution people to follow your advice without questing your motives. Smiley

my motive is that i don't want to see the small investor get sucked (suckered) in and lose their hard earned money to fat whales who need to suck (sucker) in small investors to make their money. i'm not holding or buying Digix DGD, and that is an clear as i can be.

Are you holding DGD?

No, I think your motive is that you would like to buy in at a lower price. My opinion - if the price is currently $15 and someone can buy now and sell later at $35 that's a pretty good return for them. You advising them not to do so is bad advice.

Where do I get $35 from? Well if you had been in the slack and read the Reddit speculation section pre exchange release and talked to most of the holders you'd know the consensus target price for many is between $33-$40. That's where I'd expect to see a next-to-last consolidation before a final spike probably up to around $50. Then, yes after that there will probably be some retraction.

i note with interest that you have failed to answer the simple question of whether or not you are holding DGD.

i have no doubt the Slack channel has been created as a boiler room populated by ICO sock puppets.

i have no doubt that the grams of gold contracted thus far through DGX tokens belong to ICO DGD 'buyers'.

it's a SCAM (and that's the first time i've ever used that four letter word on here).
720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain on: May 06, 2016, 05:30:34 PM
People who bought Eth during ICO (~30 Cents) invested heavily in DAO in the first few days. For the rest of us,  Eth now is at 9.7 $ which is very expensive.

Yeah that's true.

it is very expensive. the DAO is a pump with ICO ETH, and it can be clawed back at any time after launch.
it's an interesting dynamic and hard to predict.
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