[ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal

[windjc]

DAO now has 3.5% of the current ETH coin supply.

The bubble edge approaches the needle point

At some point that ETH has to invested and liquidated. What happens to ETH price with that type of sustained sell pressure?

[Nefritox]

Those talking about a bubble in this ICO did not understand anything.

I seriously enjoy when newbie with 20 posts telling everybody he is smarter than a legendary member 

[newbtcminer]

This is looking to be quite a successful project already! Correct me if I'm wrong, but couldn't it "lose" some funding if Ethereum were to drop in value?

[iambitcoin5]

Yes finally got some DAO tokens! A little over 400 but its a start for now. Will buy more before ICO ends. 

[MEDVEDja]

I have about 1750 DAO , I am rich

[tomkat]

Interested, but this guys will be flooded with Bitcoins, what will lower the ROI.

Seconded, but a trend is a trend.

We are in a bubble. Big money is involved now. You have to buy in at $20,000,000 valuation and hope it goes to $200,000,000. It's pretty crazy. Limited # of good devs and tons of money wanting to invest = bubble.

The craziest thing is I bet this bubble will go way bigger in the end. There will be 100s maybe 1000s of cryptocoins over a billion marketcap before everyone realizes the majority of this stuff isn't worth that much.

Well said. You are one of the few people here that realize, that this will be so much bigger than 2013|2014.
My personal target is making 1 mio out of 3'000 until Summer.

What sequence for that 1 mio? Lisk -> WAVES -> DAO?

[nikster]

This will be interesting to see launched, havent seen a coin thats over 200m tokens,
and being sold at 0.002 for 1 token at the ico..
I have invested in it, but i think this is the most risky coin around now, as it is way overbought.
we'll have to see

[tomkat]

This will be interesting to see launched, havent seen a coin thats over 200m tokens,
and being sold at 0.002 for 1 token at the ico..
I have invested in it, but i think this is the most risky coin around now, as it is way overbought.
we'll have to see

You meant 0.0002, right? current price is 100 DAO = 1 ETH

[Roidz]

Those talking about a bubble in this ICO did not understand anything.

I seriously enjoy when newbie with 20 posts telling everybody he is smarter than a legendary member 

newbie in forum doesnt mean newbie in crypto world

[samspaces]

Yes finally got some DAO tokens! A little over 400 but its a start for now. Will buy more before ICO ends. 

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

[TrueAnon]

Yes finally got some DAO tokens! A little over 400 but its a start for now. Will buy more before ICO ends.  

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

I have bought also.

But wth, as usual big shots control most %

Isn't it ironic how we're trying to get away from the rich 1% being in power like in real FIAT world but this crap still happens in cryptoland?!

[mtnsaa]

Even if the total Dao tokens from the crowdsale reach 500M, there would be much less because many will be sold or burned but to ETH so please correct me if I'm wrong but don't take that number as the final one.

[bitbitch]

Yes finally got some DAO tokens! A little over 400 but its a start for now. Will buy more before ICO ends.  

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.

[samspaces]

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.

You could create your own split DAO, create tokens for that in exchange for your current DAO tokens. That way, you can be the whale in your own issued DAO!

[Thereisnospoon]

Don't know if I understand  DAO right .Will lDAO in any way be a financing source for new projects/contrast? 

[AleScamHole]

Don't know if I understand  DAO right .Will lDAO in any way be a financing source for new projects/contrast? 

well it's hard to explain. you would have to read all the documentation found in this thread on the DAO and what it is.
but basically their gonna take your money and ... somehow make the tokens they sell us worth more... and then...
well idk, i dont fully understand it myself, but i mean it's built on ETH , that's the trademark isn't it?

[ICOcountdown.com]

31.23 million raised so far

[Roidz]

31.23 million raised so far

not pennies 

[zabisux]

I think about buying some of this coin. Do you believe it is too early?

[ICOcountdown.com]

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.