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1501  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 13, 2016, 10:03:03 PM
Well DAO at $82m now.  10% ETHER surpassed.  Anyone think we can hit $100m before the 10 hour price deadline?
1502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform. on: May 13, 2016, 09:23:33 PM
YURI GAGARIN

The first man that was launched into space, and he is a back end developer at WAVES now?

Born: March 9, 1934, Klushino, Russia
Died: March 27, 1968, Kirzhach, Russia

Lmao

He was so excited to work on Waves that he came back from the dead.
1503  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 13, 2016, 07:04:07 PM
The DAO is the contract by which you buy shares of 'virtual company'. Slock.it will abide by the DAO, and they will produce the Ethereum computer, revenue from the products sold by Slock.it will be sent to the DAO as profit. DAO token holders can decide to keep the profit or reinvest.
Token holders can also send proposals for review.


I want to invest $1000 or 100 ETH into DAO u think I can turn it into a lot of cash just gambling

Well I can't really say.  This is something new.  You could make profit or you could lose most of the value.  There is no way to know.  I'm investing for the long term.
1504  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 13, 2016, 07:01:12 PM
I think its now 1.5 ETH per 100 DAO. Its going to be worth the money and people will regret it when they see DAO's value after the ICO.
If I just have much bitcoin to buy ETH, I may have already bought hundreds just to acquire as much DAO as possible.

No there are still 15 hours of 1 ETH: 100 DAO left but hurry if you don't want to miss out.  Currently at $77m and approaching 10% of all ETHER.

https://daohub.org


Please see my post below about having DAO in bittrex please answer

Don't worry you won't lose your DAO (unless something goes wrong with Bittrex like a hack). 

It is the ETHER related to your DAO that will be used for funding proposals.  If you don't want your ETHER to be used to fund a particular proposal then you can vote NO to it, but if the majority decides to go with the proposal your ether will still be used.  The only way to prevent this is to split form the DAO and create your own DAO.  This is a last resort choice and designed to allow people to stop their ether being used to invest in anything that they find illegal or unethical.  Otherwise the ether is used according to the majority vote.

That said if you are not concerned with voting then I think you can happily leave your DAO on Bittrex or any other exchange without losing it (unless they get hacked obviously).  Most people would recommend keeping your DAO tokens or any other currency in your own personal wallet for maximum safety.

It is seems that you don't really understand what the DAO is yet.  There are still a few hours left until the price increase so you have a bit of time - information is always important in any financial decision like this and you still have enough time to learn about it before the deadline.

I would suggest going to the DAOhub (https://daohub.org)site where there are a lot of resources and related info.
The forums are also quite useful: https://daohub.org/forums.html and I think I posted a link to one of the Bitcoin podcast episodes here somewhere that you may found useful.  The Slock.it youtube channel may also be of help if you prefer videos (just google it).
1505  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 13, 2016, 05:58:43 PM
I think its now 1.5 ETH per 100 DAO. Its going to be worth the money and people will regret it when they see DAO's value after the ICO.
If I just have much bitcoin to buy ETH, I may have already bought hundreds just to acquire as much DAO as possible.

No there are still 15 hours of 1 ETH: 100 DAO left but hurry if you don't want to miss out.  Currently at $77m and approaching 10% of all ETHER.

https://daohub.org
1506  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 13, 2016, 05:24:23 PM
I doubt it.  It's already risen up to $75m since I last posted (that's about 9% of all ETHER).  The higher it goes the greater the buzz and the more likely it is to rise further.
1507  Alternate cryptocurrencies / Altcoin Discussion / Re: How to buy DAO tokens the easy way using Bittrex on: May 13, 2016, 01:23:24 PM
Quote
The easiest way to get it is in exchange for Bitcoins and you can do this directly on any exchange (including Bittrex).

Why are you suggesting to transfer using an Exchange if it says clearly in the DAO page not to do so? The recommendation is using a personal Mist wallet, eventhough it might take a half day to finish synching. If someone does not understand how to do it, better not to invest at all than risk losing all your investment. I woudn't trust letting my tokens tied to an ETH address rather than my own.

The fact is that people normally learn it by the hard way, losing their tokens. Good luck for those who want to do so.

Actually the DAO page recommends using the MIST wallet for purchasing DAO tokens but there are certain exchanges that have partnered up with the DAO such as Bittrex to make the process easier for those who are not technically minded or can't wait for their wallet to update.  It is misleading to say that the DAO page warns people not to.  Whilst it is obviously more secure to purchase tokens using your own wallet, using an established exchange is hardly a high risk strategy.  Your post misses the entire purpose of this thread.
1508  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 13, 2016, 01:18:20 PM
Wow the DAO is at $65m now.  It really could hit $100m.
1509  Alternate cryptocurrencies / Altcoin Discussion / Re: How to buy DAO tokens the easy way using Bittrex on: May 12, 2016, 11:35:47 PM
There is also a useful discussion on episode 57 of The Bitcoin Podcast which explains some of the basic concepts quite well:

http://thebitcoinpodcast.com/episode-57/

Thanks for the link. Smiley

You're welcome:)
1510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform. on: May 12, 2016, 11:28:07 PM
And defending the ico price with buywalls is unreasonable anyway. Let the price move. Better put the money into developement
+1
Price should go up and down , the best for a trading.



I agree too.  Buy walls serve no purpose except delaying the inevitable.  They also give the wrong kind of message.  Even if the price does fall, with proper development and use of funds the price will inevitably rise in time.  If people are stupid enough to panic sell at a loss early on then that is better for distribution and the long term solidity of waves. This is a big project in 2016.  Buy walls belong with the scams and shitcoins from 2014.
1511  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 12, 2016, 11:22:00 PM
What did you tweet? In my experience BBC News tech journalists are not the brightest LED display. Hence why they got fooled a couple of weeks ago with the clown claiming he was Satoshi.

I tweeted "The DAO has raised over $50m & you still aren't covering the biggest development in Blockchain tech https://t.co/4HfZ9FTEzT" - the link is to the DAOhub website.  I might give a try tweeting Ars Technica tomorrow instead.
1512  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 12, 2016, 07:06:52 PM
That would be incredible. I'm actually surprised by the lack of press this has been getting. Maybe having nearly $100m will make it impossible for publications to ignore.

Yes that's weird.  These days the major news organisations tend to be falling over themselves to talk about blockchain news.  I've tried tweeting BBC Tech news a few times with no result (not that I really expected anything).
1513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform. on: May 12, 2016, 02:03:47 PM
Actually, I've spent nearly 31 btc and now got ~ 300k waves, so I'm not sure what are you talking about balls etc. You better to check Russian thread where Sasha35625 is saying that there will be a buying wall.

here is the quote:

Подождите, а разве не обещали часть собранных миллионов потратить на могучую бай стену? По цене не меньше предпродажной?

Где была такая инфа?
будет стена, да.


Translation:

-wait a second wasn't there a mighty buying wall? with the price not less than the ico price?
- Where the information was submitted?
- sasha: The wall will be placed,yes


Thanks for the clarification.  I think Sasha has now confirmed this.  31 BTC qualifies you for some serious balls!  Without the extra info I assumed you were just a newbie having second thoughts on investing so please disregard my comments.
1514  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 11, 2016, 11:41:05 PM
Latest update regarding DAO:

DAO at $44.13m (approx) - 4.46m ETHER right now .

4.46m ETHER is roughly 5.6% of the current estimated supply.

1515  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 11, 2016, 11:33:43 PM
DAO at $44.13m (approx) - 4.46m ETHER right now (nearly 6% of ETHER in existence). Still 16 days to go. 2 days to price change in case anyone wants to be included at the current price.
1516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][RISE] Rise | ICO STARTED 25% BONUS | FULL ESCROW | AFFILIATE PROGRAM on: May 11, 2016, 10:44:46 PM
However, if we get enough funds to do something really interesting, I have a house that I'm nearing end of construction that I'd be willing to keep for a certain ammount of time just to experiment with IoT type projects linked into blockchain based RISE. Because... that's what we do! Smiley

Forget IOT stuff.  That's what Slock.it is doing.  You should make this different from everything else if you want to increase your chances of success.  Emphasise what makes this different.
1517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: May 11, 2016, 10:40:46 PM
This is all very nice and dandy but there s still only one question on the table. M2?

I think you should just sell your Factom as you obviously no longer believe in the project.
1518  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to DAO swap at Bittrex on: May 11, 2016, 10:39:02 PM
Very tempting to look into this and maybe buy into it. Getting to vote on good/bad ideas and collecting the appropriate reward, very neat. But I still feel that it is a risk at this point

That's the thing with anything that has really big potential.  It is also likely to be very risky.  That's why you should only invest what you can afford to lose.  When Apple was just 2 guys working out of a garage most people thought they would never succeed and many people turned them down for small loans which could have been worth billions in shares now.  If you never take risks you can never advance.
1519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform. on: May 11, 2016, 10:35:14 PM
there was a rumor that developers gonna place a buying wall at the very start of trading waves. How big'll be this wall? And how long will it exist (one day? one week? month?) If they will see that there is not enough buying power, will they dismiss it?

Was the rumour by any chance started by you?  Stop spreading bullshit.  If you have don't have the balls to buy into the ICO don't buy it.  Otherwise grow up and don't expect the world to catch you if you screw up.
1520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform. on: May 11, 2016, 10:30:40 PM

the question is what happens if WAVE hits the markets at 50% of the ICO price.

Then Yuri Gagarin comes out and kills you:)
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