How to buy DAO tokens the easy way using Bittrex

[TrueAnon]

Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

CNBC: Automated company raises equivalent of $120M in digital currency

http://www.cnbc.com/2016/05/17/automated-company-raises-equivalent-of-120-million-in-digital-currency.html


Reuters UK: Virtual company may raise $200 million, largest in crowdfunding

http://uk.reuters.com/article/us-blockchain-crowdfunding-idUKKCN0Y82LI

Dammmmmmnnn.

Well I hope doesn't turn out to be scammy, cause it'll look bad on crypto and ETH as a whole.

[GeorgeAurea]

Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

CNBC: Automated company raises equivalent of $120M in digital currency

http://www.cnbc.com/2016/05/17/automated-company-raises-equivalent-of-120-million-in-digital-currency.html


Reuters UK: Virtual company may raise $200 million, largest in crowdfunding

http://uk.reuters.com/article/us-blockchain-crowdfunding-idUKKCN0Y82LI

Dammmmmmnnn.

Well I hope doesn't turn out to be scammy, cause it'll look bad on crypto and ETH as a whole.

Indeed. This whole DAO thing could prove a nice mileage towards how crypto is being looked upon in general... 

[Soul_eater_123]

Dammmmmmnnn.

Well I hope doesn't turn out to be scammy, cause it'll look bad on crypto and ETH as a whole.

Whether it succeeds or not is different matter but given the people involved it's definitely not a scam.

[Nxtblg]

New Article in the Economist:

The DAO of accrue : http://www.economist.com/news/finance-and-economics/21699159-new-automated-investment-fund-has-attracted-stacks-digital-money-dao

So it reached The Economist. Groovy.

[Soul_eater_123]

OK so there was an article relating to Ether being added to Coinbase (which is also going to rebrand to GDAX).  The most interesting part though talks about the DAO:



Article Link: http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/

[Soul_eater_123]

New article of relevance to both Ether and DAO:
 
Forbes: Digital Currencies Show Potential To Be New Asset Class As Demand For Bitcoin Rival Ethereum Rises

http://www.forbes.com/sites/laurashin/2016/05/20/digital-currencies-show-potential-to-be-new-asset-class-as-demand-for-bitcoin-rival-ethereum-rises/#6b32a6876841

[CryptoCoinWareHouse]

the main thing is when you transfer the DAO from Bittrex to the MIST WALLET and the DAO is there (((  ARE YOU forced to inverst in a investment or can you just keep the DAO and wait till it goers up in value I heard that they take 1/2 the DAO weather you like it or NOT )))))

[Soul_eater_123]

the main thing is when you transfer the DAO from Bittrex to the MIST WALLET and the DAO is there (((  ARE YOU forced to inverst in a investment or can you just keep the DAO and wait till it goers up in value I heard that they take 1/2 the DAO weather you like it or NOT )))))

You still don't seem to understand how it works.  Nobody takes your DAO tokens.  You can sell them at any time after the creation period.  I suggest you go and read the basics if you are confused (https://daohub.org/) also if you prefer go and look through the forums (https://daohub.org/forums.html) most of these points have been asked and answered multiple times there.

[NourStar]

what is the benefit from buying dao tokens with eth???
 

[Nxtblg]

what is the benefit from buying dao tokens with eth???

If you want to buy during the pre-sale, ETH is the only way to get some. That'll change once the pre-sale closes and The DAO is listed.

[NourStar]

what is the benefit from buying dao tokens with eth???

If you want to buy during the pre-sale, ETH is the only way to get some. That'll change once the pre-sale closes and The DAO is listed.

ok from what i understand it's an ether investment that's right ?

[Nxtblg]

what is the benefit from buying dao tokens with eth???

If you want to buy during the pre-sale, ETH is the only way to get some. That'll change once the pre-sale closes and The DAO is listed.

ok from what i understand it's an ether investment that's right ?

It is during the pre-sale. In a sense, it always is because the successful Contractors will receive ethers to fund their approved proposals and will be obliged to pay out ethers once they make money.

[NourStar]

what is the benefit from buying dao tokens with eth???

If you want to buy during the pre-sale, ETH is the only way to get some. That'll change once the pre-sale closes and The DAO is listed.

ok from what i understand it's an ether investment that's right ?

It is during the pre-sale. In a sense, it always is because the successful Contractors will receive ethers to fund their approved proposals and will be obliged to pay out ethers once they make money.

please give me simple answer i can't understand good because my 1st lang not English

[GeorgeAurea]

what is the benefit from buying dao tokens with eth???

If you want to buy during the pre-sale, ETH is the only way to get some. That'll change once the pre-sale closes and The DAO is listed.

ok from what i understand it's an ether investment that's right ?

It is during the pre-sale. In a sense, it always is because the successful Contractors will receive ethers to fund their approved proposals and will be obliged to pay out ethers once they make money.

please give me simple answer i can't understand good because my 1st lang not English

Yes, it's an ether investment.

Currently, you can only buy DOA's with ether.
After the 28st of May, when DOA's get listed on exchanges, you can also trade DOA's for other currencies.

[Soul_eater_123]

New DAO article in New York Times:
A Venture Fund With Plenty of Virtual Capital, but No Capitalist
http://www.nytimes.com/2016/05/22/business/dealbook/crypto-ether-bitcoin-currency.html?_r=0

[moosedawg]

New DAO article in New York Times:
A Venture Fund With Plenty of Virtual Capital, but No Capitalist
http://www.nytimes.com/2016/05/22/business/dealbook/crypto-ether-bitcoin-currency.html?_r=0

Once DAO is on exchanges will the price ever go up? Or will it stay at a particular set price? And will the price of eth. Affect DAOs price?

[balvio]

Thanks for the topic 

[Soul_eater_123]

Once DAO is on exchanges will the price ever go up? Or will it stay at a particular set price? And will the price of eth. Affect DAOs price?

It will go up and down like anything else most likely.

[Soul_eater_123]

Thanks for the topic 

You're welcome:)

[biodieselchris]

If you use the daohub.org to create DAO via Eth, they want you to send ETH to some addy, 0x123.....

So who owns the private key for the newly created DAO and how do you access them? I feel like ETH just sent off into the ether ... I'm still a little confused.