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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1375513 times)
Swimmer63
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January 28, 2014, 09:06:23 PM
 #681

Given the lack of member participation on this thread it's apparent that they do not believe they need the broader community to support this.  While the potential for the science is amazing - I don't have much trust in the leadership here.
Nor do I plan on mining, which is what I do.  Makes no financial sense at this point with an ever increasing inventory of coins.
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January 28, 2014, 09:19:10 PM
 #682

Given the lack of member participation on this thread it's apparent that they do not believe they need the broader community to support this.  While the potential for the science is amazing - I don't have much trust in the leadership here.
Nor do I plan on mining, which is what I do.  Makes no financial sense at this point with an ever increasing inventory of coins.
at this rate, usd is looking better and better LoL

hahaha
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January 28, 2014, 09:27:49 PM
 #683

Looks like a lot of people are going to invest their Ethereums into Dollars, because the inflation seems a bit better there.
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January 28, 2014, 09:58:25 PM
 #684

mining will start in 3days or thats just the funding date?

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majik
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January 28, 2014, 10:16:13 PM
 #685

I can think of 2 reasons for such a lack of response from them:

- they are walking back to their office in Toronto from Miami

- they are rewriting the fundraising and will announce it by tomorrow. Thursday is too late




CoinHeavy
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January 28, 2014, 10:29:25 PM
 #686

I wonder if they will be releasing some sample contracts (scripts) with the initial code.  I think that the market will have a difficult time valuing Ethereum until the first few big ideas are implemented in code.  Even then, only once web apps are built on top of those contracts/scripts will there be a real value-add.

Does anyone know what will be possible (if anything) with the out-of-box experience, as it were?
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January 28, 2014, 10:40:52 PM
 #687

Looks like a lot of people are going to invest their Ethereums into Dollars, because the inflation seems a bit better there.

Maybe they'll invest their bitcoins in dollars too, because the U.S. inflation rate (1.5%) is much lower than the inflation of bitcoin (10.7%).

That said, I really do hope we hear from Vitalik or Charles soon.

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BittBurger
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January 28, 2014, 10:42:57 PM
 #688

How about this viewpiont on why they're not responding:

Some random thread on Bitcointalk doesn't amount to a hill of beans.

I could be dead wrong about this, but I seem to remember hearing that they'd *already* raised millions of dollars *before* they even created this thread.

I just spent 10 minutes trying to find the older article which stated this, and can't find it.

But do you really think this thread on this forum is their main source of bread?

-B-

Bitcoin's true purpose alluded-to in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true
ddink7
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January 28, 2014, 10:57:31 PM
 #689

How about this viewpiont on why they're not responding:

Some random thread on Bitcointalk doesn't amount to a hill of beans.

I could be dead wrong about this, but I seem to remember hearing that they'd *already* raised millions of dollars *before* they even created this thread.

I just spent 10 minutes trying to find the older article which stated this, and can't find it.

But do you really think this thread on this forum is their main source of bread?

-B-

When they are going mainstream with articles in Wired Magazine? Hell to the no...this forum probably represents 2% of their future investors.

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twistelaar
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January 28, 2014, 10:58:34 PM
 #690

Can anybody provide me some information about Ethereum? Is it worth to invest? Thanks a lot Smiley

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January 28, 2014, 10:59:18 PM
 #691

I can think of 2 reasons for such a lack of response from them:
- they are walking back to their office in Toronto from Miami
- they are rewriting the fundraising and will announce it by tomorrow. Thursday is too late

- they are enjoying a mountain of cocaine and top of the top escort girls.

The FBI is on the way to take care of them.

Here's my bag so you don't ask : BTC, iexec, byteball and pepecash
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January 28, 2014, 11:37:53 PM
 #692

How about this viewpiont on why they're not responding:

Some random thread on Bitcointalk doesn't amount to a hill of beans.

I could be dead wrong about this, but I seem to remember hearing that they'd *already* raised millions of dollars *before* they even created this thread.

I just spent 10 minutes trying to find the older article which stated this, and can't find it.

But do you really think this thread on this forum is their main source of bread?

-B-

It's not a random thread since Vitalik himself started this thread calling it The Beginning ...

Go look at their twitter, facebook, and blog - nothing

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gutshot5820
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January 28, 2014, 11:47:01 PM
 #693

How about this viewpiont on why they're not responding:

Some random thread on Bitcointalk doesn't amount to a hill of beans.

I could be dead wrong about this, but I seem to remember hearing that they'd *already* raised millions of dollars *before* they even created this thread.

I just spent 10 minutes trying to find the older article which stated this, and can't find it.

But do you really think this thread on this forum is their main source of bread?

-B-

It's not a random thread since Vitalik himself started this thread calling it The Beginning ...

Go look at their twitter, facebook, and blog - nothing

"raised millions"  LOL please at least lets be somewhat serious.  If they raised millions prior to the IPO then they are 100x worse than they appear now because then would be hiding from us further dilution of shares/coins that was not mentioned.  If they had the ability to raise millions on their own why in the world are they begging the entire bitcoin community for money?  Have you seen their proposal?  DO you think one VC would invest one dime into this deal the way its structured?  If you think so, you dont know how the financial system works. 

Bitcoin address: 1BPtjSw1U19r6bSDXAc3Adr5xtS21yEwXU
pand70
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January 28, 2014, 11:48:45 PM
 #694

It's not a random thread since Vitalik himself started this thread calling it The Beginning ...

Maybe he is to busy reading wikipedia for his next presentation on quantum computing, or astrophysics or neurosurgery.  Tongue

KJO
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January 29, 2014, 12:25:39 AM
 #695

These idiots are probably sucking their thumbs in fetal position after being destroyed in this thread.

They should've named it Elysium. At least then their intent would be transparent.

The people have spoken, this premine reptilian shitcoin has been officially black-balled.







BittBurger
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January 29, 2014, 01:16:43 AM
 #696

So...

Here's why I said they may not care so much about the opinions of a few people in this thread…




Bitcoin's true purpose alluded-to in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true
organizer
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January 29, 2014, 01:53:14 AM
 #697

So...

Here's why I said they may not care so much about the opinions of a few people in this thread…





b-b-b-but... can't you see this is just part of the elaborate scam?! :\

BittBurger
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January 29, 2014, 02:02:49 AM
 #698


b-b-b-but... can't you see this is just part of the elaborate scam?! :\



In a sense its kind of funny that people here are "declaring" Ethereum dead ....
While everyone at the conference swarmed him after the announcement, and 40 reporters were waiting for him in the hall.
Do we have delusions of grandeur over here?

-B-

Bitcoin's true purpose alluded-to in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true
marcusnz
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January 29, 2014, 02:22:54 AM
 #699

MaidSafe v ethereium. Any thoughts/? They are just going to churn these things out aren't they?

http://www.wired.co.uk/news/archive/2014-01/27/maidsafe-bitcloud
majik
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January 29, 2014, 02:56:43 AM
 #700

Thinking out loud here... just to be prepared, if fund raising will go on as described:

Lets say there are max 500 active readers on this thread, 250 may eventually invest in fund raising. Lets limit our investment from 0.01 to max. 5 BTC if you are still compelled to invest.  Those who invest 5 BTC are still making 500x investment.  If this community can agree to this, this will limit the X factor within an acceptable range and puts Eth in its rightful place, with no proven product and no indication of long term commitment. 

There were 1200 people in Miami conference, max 600 may invest.  So my guess is maybe with limited media exposure, max a final total of 1000 people will invest in the 2 month period.  We can do our part to make sure funds total will not go beyond 1000 btc.

If after all this criticism and no answers to the legit questions raised on this thread, you still feel compelled to invest:  Limit your investment to less than 5 btc, preferably less than 1 and buy whatever you want later from the miners. That seems to be the most logical thing to do.  Eth is not going anywhere and it will not become the world's dominant cryptocurrency overnight.  I think the price will very likely drop when mining begins because miners prefer to exchange Eth with the proven BTC that holds value.
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