markus124
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May 10, 2016, 09:27:16 PM |
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It's always good to be in even with a few dollars. It sucks to miss the train.
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Thereisnospoon
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May 10, 2016, 09:42:31 PM |
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Many here are discussing and speculating that ETH will drop in price after DAO and that's fine and all but really, the DAO is a very nice concept with huge potential considering slock.it. We don't really know for sure how both the DAO tokens and ETH value will behave, if many millions of USD will be split back to ETH before the proposal (making the DAO tokens more scarce and therefore more valuable but hurting the proposals). I tend to agree that many people who bought at $9 just to get in on DAO won't be seeing many benefits in the short term.
But you all have to keep in mind that many invest BTC and some weeks ago BTC was around $430-440, Ethereum price had a quick drop from $14-15 to below $10 but other than that it had remained pretty stable and always aligned and adjusted to BTC fluctuations.
I think some still dont understand, DAO is not a cryptocurrency. Its a token (a share) of a fin-tech company distributed by the coin ethereum. Its an assett not a coin. You cant pay with it. You did well. You can pay with anything not just currency and all crypto currencies are tokens same as dollars ,pounds etc.
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Nxtblg
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May 10, 2016, 11:02:19 PM |
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most people have by now probably decided whether they are in or out. personally i'm almost certainly out.
i wonder how long people who are in think it may take to see a tangible return on their investment?
Two years or so: that's my guesstimate. About as long as both Augur and ETH itself (more or less.)
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CjMapope
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~Full-Time Minter since 2016~
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May 11, 2016, 12:57:54 AM |
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here's the direct youtube link if anyone wants. this will be great interview! https://www.youtube.com/watch?v=lkCNEAot6-o
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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Joint Force
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May 11, 2016, 01:57:13 AM |
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this will be great interview! I'm excited for this episode!
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CjMapope
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~Full-Time Minter since 2016~
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May 11, 2016, 02:04:56 AM |
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this will be great interview! I'm excited for this episode! starting SOON TM Haha
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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AleScamHole
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Don't you looooooove how offensive my name sounds?
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May 11, 2016, 02:34:21 AM |
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o man listening to this guy i am SO happy i didn't invest lol "don't matter if you vote, don't vote, vote for us, vote against" sounds like my government haha "it don't matter, the DAO will take your money" wow this guy does not inspire confidence ;(
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Arrakeen
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May 11, 2016, 03:19:52 AM |
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No thanks...nothing of value to show. Just sounds like a bunch of jargon being hyped to make a quick buck few million during this community's craze for ICOs.
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fartbags (OP)
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May 11, 2016, 05:25:31 AM |
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https://youtu.be/Pn_7fdmfZY8This guy says we "do not get stock in the slock.it corporation". What do we get for giving slock.it millions of $? I am sure slock.it will get funded because slock.it and friends own so much of TheDAO but what if some other proposal proposes the exact same thing as slock.it and offers equity in that company? I think that is a way better deal.
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CjMapope
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May 11, 2016, 05:55:54 AM |
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https://youtu.be/Pn_7fdmfZY8This guy says we "do not get stock in the slock.it corporation". What do we get for giving slock.it millions of $? I am sure slock.it will get funded because slock.it and friends own so much of TheDAO but what if some other proposal proposes the exact same thing as slock.it and offers equity in that company? I think that is a way better deal. I like that word better yes, "equity" i have to admit after watching that video interview, i am still not that clear on this whole plan of theirs. i understand the votes, splitting, and such, but it's still.... "Where's The Beef?" idk if it was just the excitement of the dude interviewed , but it was confusing and hard to keep along with the whole thing, with random goings off, "what was the question?" "them fucking 21inc guys" (tho i agree haha) but im not sure if i trust this "team's plan" for my money so...idk. i'm not personally investing. this will be a crazy one to watch https://forum.daohub.org/t/the-dao-are-we-taking-the-wisdom-of-the-crowd-too-far/1486
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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electronicash
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Eloncoin.org - Mars, here we come!
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May 11, 2016, 06:40:44 AM |
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I was about to send ETH to buy DAO token and i'm currntly on this page. it says "Send the amount of ETH you want to use to create DAO tokens to the following DAO contract address:" do they mean that if i send my eth to the eth address they prompt to me, i will also receive my DAO on my eth address? Send the amount of ETH you want to use to create DAO tokens to the following DAO contract address:
#######################################
Note that this page will not update and you will not be notified of the transfer. This is expected as you are sending ETH directly to the DAO contract from your wallet.
After the first confirmation (20-40 seconds), you will be able to confirm your balance on the Creation page. Voting on proposals will become possible at the end of the Creation phase.
You can safely close this page after your transfer is complete. All support requests should be made in the support category of our forum.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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fartbags (OP)
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May 11, 2016, 08:26:06 AM |
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It looks like slock.it is a corporation. They have nothing to do with TheDAO or $DAO. Should the DAO vote to give slock.it money so slock.it can get rich? hmmmm
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bitbitch
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May 11, 2016, 08:46:57 AM |
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It looks like slock.it is a corporation. They have nothing to do with TheDAO or $DAO. Should the DAO vote to give slock.it money so slock.it can get rich? hmmmm
who came up with the idea of creating this DAO?
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bcmine
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May 11, 2016, 10:22:18 AM |
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o man listening to this guy i am SO happy i didn't invest lol "don't matter if you vote, don't vote, vote for us, vote against" sounds like my government haha "it don't matter, the DAO will take your money" wow this guy does not inspire confidence ;( not at all a good choice, i would keep my fingers away from that.
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Sam123
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May 11, 2016, 04:10:30 PM |
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CjMapope
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May 11, 2016, 04:14:06 PM |
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Did you happen to see it? what were your thoughts? i personally think they could have done better, and was kinda surprised to have only 40 people watching it with me kinda thought it would have been a bigger interview , more professional, and that they would explain " THE DAO" perfectly. none of those happened imo ;p guess i got caught up in the hype haha
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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windjc
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May 11, 2016, 09:15:22 PM |
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So I am confused.
There apparently is an option that if you buy Dao, you can simply turn it back into the equivalent ETH once it launches? So if you do this, is that Dao that you were supposed to have destroyed?
Also, can you take turn the Dao into ETH at any time or just at the launch? And what happens to your Dao (and the total supply) when that happens?
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Hollowman338
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May 11, 2016, 11:17:14 PM |
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This thing has been so completely overbought at this point it's sad
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bitbitch
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May 12, 2016, 07:48:23 AM |
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i may donate a nominal sum to gain an understanding from the inside of how this DAO will work, but as an investment proposition it has far too many unknowns.
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