Ether price?

[Minecache]

Wow the DAO is at $65m now.  It really could hit $100m.

I think the interest will slow however as the price begins to hike.

[Soul_eater_123]

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.

[Mukyasa]

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.

That could be virtuous cycle. More people will be attracted by the IPO and the price will rise further.

[Soul_eater_123]

Well DAO at $82m now.  10% ETHER surpassed.  Anyone think we can hit $100m before the 10 hour price deadline?

[Sark]

Wow the DAO is at $65m now.  It really could hit $100m.

I think the interest will slow however as the price begins to hike.

As a counter point, the initial investors stand to benefit if more people buy in on the second half of the sale. There are around 12k accounts invested so far - I think the hype over the next couple weeks will be pretty big as those folks start actively working to spread the word.

[Za1n]

Well DAO at $82m now.  10% ETHER surpassed.  Anyone think we can hit $100m before the 10 hour price deadline?

In the early days, I thought the DAO would easily hit the 2nd spot on the crowdfunding comparison wiki (that is posted everywhere so I won't again) which would mean it had raised over $25 million, but I thought it would have a hard time surpassing the $110 million first place spot. However, seeing the large influx of cash during the past 24 hours, I think that goal is now obtainable. Although I will admit I do not really think the DAO belongs on the crowdfunding list to begin with, even though it makes an interesting comparison it is not really crowdfunded in the strictest sense, but more of an investment.

[GreenBits]

Wow the DAO is at $65m now.  It really could hit $100m.

I think the interest will slow however as the price begins to hike.

I think the interest in this whole concept is genuine, but like bitcoin, has been hyped to the point of imminent explosion. The price is heavily manipulated, and most people investing in the asset don't understand the technology. But the manipulated price is more concerning to me. You either need a lot of shares or a lot of money to influence a market. Either playing with the price is equally concerning.

[stoat]

Wow the DAO is at $65m now.  It really could hit $100m.

I think the interest will slow however as the price begins to hike.

I think the interest in this whole concept is genuine, but like bitcoin, has been hyped to the point of imminent explosion. The price is heavily manipulated, and most people investing in the asset don't understand the technology. But the manipulated price is more concerning to me. You either need a lot of shares or a lot of money to influence a market. Either playing with the price is equally concerning.

How is "the price manipulated" when it isnt even on any market yet?

Please engage brain before fuding

[Sark]

Wow the DAO is at $65m now.  It really could hit $100m.

I think the interest will slow however as the price begins to hike.

I think the interest in this whole concept is genuine, but like bitcoin, has been hyped to the point of imminent explosion. The price is heavily manipulated, and most people investing in the asset don't understand the technology. But the manipulated price is more concerning to me. You either need a lot of shares or a lot of money to influence a market. Either playing with the price is equally concerning.

Right now the worth is directly correlated to an asset locked into a contract. The more ETH that gets deposited, the more ETH the DAO has to invest. There is no "price" at all to even manipulate, it is all just code managing a large amount of ETH.

[Soul_eater_123]

So $100m mark has been passed (9.9m ether which is ~13%).  Wonder how high it will go by the end.

[Minecache]

So $100m mark has been passed (9.9m ether which is ~13%).  Wonder how high it will go by the end.

2 weeks to go so we are technically half way. I pumped another few BTC into it this morning.

[Soul_eater_123]

OK so 106.89m USD equivalent/10.54m Ether (over 13% supply) now - less than $7 million before it beats Star Citizen to become the biggest crowd fund in history.

[Soul_eater_123]

And so it begins......

Fortune Magazine: Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting :

http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/

[solstice]

And so it begins......

Fortune Magazine: Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting :

http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/

DAO getting huge attention from top business and financial magazine, this is something big that cannot be ignored. 

[piloder]

And so it begins......

Fortune Magazine: Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting :

http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/

DAO getting huge attention from top business and financial magazine, this is something big that cannot be ignored. 

DAO is similar to a company or a ventture capital. So there is not much difference, why would top companies interested in it?

[jjacob]

And so it begins......

Fortune Magazine: Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting :

http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/

DAO getting huge attention from top business and financial magazine, this is something big that cannot be ignored. 

Attention is okay, unnecessary hype is not.
The bigger the hype, the bigger will be the crash.

[Soul_eater_123]

This article in WSJ is hilarious (in an unintentionally clueless way):

Chiefless Company Rakes In More Than $100 Million: http://www.wsj.com/articles/chiefless-company-rakes-in-more-than-100-million-1463399393

[Soul_eater_123]

Now TechCrunch: The Tao of “The DAO” or: How the autonomous corporation is already here

http://techcrunch.com/2016/05/16/the-tao-of-the-dao-or-how-the-autonomous-corporation-is-already-here/

[Soul_eater_123]

Also DAO is now THE biggest Crowd Fund in history.  Over $120 million now. https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projects

[Sark]

So much press