[ANN] Ethereum: Welcome to the Beginning

[systemfault]

When start mining?

[1713545804]

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[canth]

When start mining?

Not until sometime after the funding round begins - sign up for alerts at http://www.ethereum.org/.

[ReCat]

So, uh, is this worth messing with at this point? I don't want to mine it if the  block chain will just be reset and my earnings will become worthless.

[pastet89]

OK, I finally complied everything (went trough everything from the begining, but this time went for the git package). And when I ran ./alephzero I got:

Code:

Qt at-spi: error getting the accessibility dbus address:  "The name org.a11y.Bus was not provided by any .service files" 
Accessibility DBus not found. Falling back to session bus.
Opened blockchain db. Latest: b2579caa489a929ce383cf3ddbfa9515d860382df667195ab0ff64dac88de74c
Segmenting error(segfault) (core dumped)

[ddink7]

So, uh, is this worth messing with at this point? I don't want to mine it if the  block chain will just be reset and my earnings will become worthless.

Not unless you're just really curious. It's all just a testnet...the ether will be destroyed when the final client is released.

[BittBurger]

As someone who's been involved with tech startups... I can say that this is very different from a traditional tech startup VC financing. ...WAY more money than is typically offered .... no apparent legal recourse for fraud, poor performance, or neglect. ... VC - they require very detailed funding agreements.  ... investors, have absolutely no power over the direction of the crypto.  None.  Typically, a venture firm will have numerous methods of influence over a startup.  total lack of power and a tremendous amount of money given DAY ONE, then it definitely raises eyebrows.   I can tell you that no VC firm I know would invest as it is now.

These pre-sales are ground floor opportunities to participate in seed rounds in small tranche sizes affordable to anyone. This has been denied to retail investors for a very long time. This is a threat to some gatekeepers and their cronies who are used to making a lot of money from the current system, which may be a motivation for the recent flurry of attacks against IPO type pre-sales. These attacks seem to be coming from experienced disinformation operatives skilled in their craft - not your typical trolls

Both of these comments are actually very interesting.  Bitcoin is bringing a whole new way of thinking to a lot of traditional financial systems.  In some ways, flipping it right upside down.  And in most ways, leveling the playing field.  Eliminating corruption.  Special interests.  Pre-IPO buying that only the rich can participate in, etc.  It seems that this IPO could be viewed in just the same way.  Just because traditional VC scenarios play out a certain way, doesn't mean doing it this way is invalid, or less legitimate.  It's just different.  Given the corruption saturating the traditional financial system, this way may very well be superior.  Bitcoin has been a challenge to a lot of people, to start thinking about money, and structure in a completely different manner.

I think it makes sense to build in security, legal recourse, and fraud protection however.  I don't think doing so would take away from the new mentality that crypto is bringing

But look at it this way:  those things are coming.  Right now we're still in the "wild west".  A time when the risk is huge, and the reward will be exponentially larger than anything available once traditional rules are put in place.  *shoots guns in the air*

-B-

[BittBurger]

Question for Charles:

On the white paper it says price will be "1000-2000 per BTC" with better prices going to earlier investors.  I realize you guys are still ironing out the details, but the author of that sentence seemed to have something in mind, and its not clear by what he wrote.  1000 to 2000 is a huge range in price.  "Early" is not clarified.  

I was under the impression that the whole IPO was considered early.  Will there be a subdivision within the IPO timeframe?  Maybe a 3 month IPO, with 2000 price going to those in the first half of 3 months?  Just hoping for some clarification on this.  Is it possible there will be a sliding scale, and that 2,000 price may only go to those in the first hour?

I have found myself telling people to invest, but unable to tell them what price they'll get.  When I say "Either 1000 or 2000" they look at me strange, for obvious reasons.

Thanks.

-B-

[pastet89]

Question for Charles:

On the white paper it says price will be "1000-2000 per BTC" with better prices going to earlier investors.  I realize you guys are still ironing out the details, but the author of that sentence seemed to have something in mind, and its not clear by what he wrote.  1000 to 2000 is a huge range in price.  "Early" is not clarified.  

I was under the impression that the whole IPO was considered early.  Will there be a subdivision within the IPO timeframe?  Maybe a 3 month IPO, with 2000 price going to those in the first half of 3 months?  Just hoping for some clarification on this.  Is it possible there will be a sliding scale, and that 2,000 price may only go to those in the first hour?

I have found myself telling people to invest, but unable to tell them what price they'll get.  When I say "Either 1000 or 2000" they look at me strange, for obvious reasons.

Thanks.

-B-

+1
I asked the same with no answer.

[surfer43]

Question for Charles:

On the white paper it says price will be "1000-2000 per BTC" with better prices going to earlier investors.  I realize you guys are still ironing out the details, but the author of that sentence seemed to have something in mind, and its not clear by what he wrote.  1000 to 2000 is a huge range in price.  "Early" is not clarified.  

I was under the impression that the whole IPO was considered early.  Will there be a subdivision within the IPO timeframe?  Maybe a 3 month IPO, with 2000 price going to those in the first half of 3 months?  Just hoping for some clarification on this.  Is it possible there will be a sliding scale, and that 2,000 price may only go to those in the first hour?

I have found myself telling people to invest, but unable to tell them what price they'll get.  When I say "Either 1000 or 2000" they look at me strange, for obvious reasons.

Thanks.

-B-

+1
I asked the same with no answer.

There was much more information last week but they removed it and postponed the giveaway. That information is still TBD

[surfer43]

When start mining?

Not until sometime after the funding round begins - sign up for alerts at http://www.ethereum.org/.

not 1 alert yet. signed up a week ago.

[ddink7]

Question for Charles:

On the white paper it says price will be "1000-2000 per BTC" with better prices going to earlier investors.  I realize you guys are still ironing out the details, but the author of that sentence seemed to have something in mind, and its not clear by what he wrote.  1000 to 2000 is a huge range in price.  "Early" is not clarified.  

I was under the impression that the whole IPO was considered early.  Will there be a subdivision within the IPO timeframe?  Maybe a 3 month IPO, with 2000 price going to those in the first half of 3 months?  Just hoping for some clarification on this.  Is it possible there will be a sliding scale, and that 2,000 price may only go to those in the first hour?

I have found myself telling people to invest, but unable to tell them what price they'll get.  When I say "Either 1000 or 2000" they look at me strange, for obvious reasons.

Thanks.

-B-

Their original plan was 1 BTC = 2000 ETH for the first week, and declining in a linear fashion, 2% per day, after that.

[Herp]

Mastercoin to rule them all.

Mastercoin is amateur hour compared to what these folks have planned.

Right. Ethereum is to Mastercoin what Peercoin is to Bitcoin. 1st mover advantage will be huge.


Also, Charles said at the Miami conference Ethereum will only be traded on the open market Q3 or Q4 (autumn-winter of 2014) so those buying into this IPO for a quick flip have no idea what they're getting into and will be locked in from trading for quite a while.

[Zatamas]

When the Windows-QT wallet will be ready ?
investment has already begun? where ?
Thx!

[surfer43]

When the Windows-QT wallet will be ready ?
investment has already begun? where ?
Thx!

no investments yet. two weeks or so. read the last two pages

[majik]

Mastercoin to rule them all.

Mastercoin is amateur hour compared to what these folks have planned.

Right. Ethereum is to Mastercoin what Peercoin is to Bitcoin. 1st mover advantage will be huge.


Also, Charles said at the Miami conference Ethereum will only be traded on the open market Q3 or Q4 (autumn-winter of 2014) so those buying into this IPO for a quick flip have no idea what they're getting into and will be locked in from trading for quite a while.

Ethereum, Mastercoin, Open Transactions, even Ripple are going to partner or work closely to build inter-functionality.  The community is becoming more cooperative than competitive.  There will be quite a few winners.

[pastet89]

OK devs, I am sorry but this makes no sence to me.
It took me a day to compile everything, but even then I couldn't launch the client.
Which is worse, becaise I have to install libbosst-1.53, it removes the 1.47 version. However, when I install a client for another coin after that, and I need to install libboost-all-dev, it requires to delete 1.53 and return 1.46, because of dependencies. So it finally turns out that I can never use Ethereum client with any other client on my laptop 
Just for reference, my distro is lubuntu 12.04.

[instacalm]

I've watched and enjoyed the vid of Vitalik talking about Ethereum, enthusiastic fellow!

https://www.youtube.com/watch?v=l9dpjN3Mwps

[Herp]

Mastercoin to rule them all.

Mastercoin is amateur hour compared to what these folks have planned.

Right. Ethereum is to Mastercoin what Peercoin is to Bitcoin. 1st mover advantage will be huge.


Also, Charles said at the Miami conference Ethereum will only be traded on the open market Q3 or Q4 (autumn-winter of 2014) so those buying into this IPO for a quick flip have no idea what they're getting into and will be locked in from trading for quite a while.

Ethereum, Mastercoin, Open Transactions, even Ripple are going to partner or work closely to build inter-functionality.  The community is becoming more cooperative than competitive.  There will be quite a few winners.

Did you watch that video? Got to love the tension there between Charles and the Invictus dude. Just watch Charles' reactions when Invictus dude talks. It's clear as daylight they have eachother's guts. And they've put the MSC guy between them to separate the two.  https://www.youtube.com/watch?v=w-9miCOsg4g#t=1541

Also notice that "touring complete" part", when Charles gets pissed at the Invictus dude talking about Turing complete as being part of his project also.

These guys hate each other, make no mistake about it. They were just playing nice for the camera. You're naive if you believe otherwise. They were just playing into the narrative, that's all.

[Herp]

I've watched and enjoyed the vid of Vitalik talking about Ethereum, enthusiastic fellow!

https://www.youtube.com/watch?v=l9dpjN3Mwps

What's so enthusiastic about it? Some socially awkward pimpled faced, autistic geek gushing out hyperventilating delusions of "turing" grandeur? How many of the people here even know what this "turing" means and what it involves or anything?

Why don't they admit exGoldman guys head hunted them, gathered them in a team to milk the bitcoin suckers for cash and profits? It's clear as daylight this IPO model was Goldman trained lackey work.

We have a mathematician, who did campaign activism for Ron Paul and some autistic teen. What are the odds of these people being close to high caliber ex Goldman hedge fund guys who drive Bentleys and fuck super models?

think about it...

[rriky92]

Mac client?