[ANN] Ethereum: Welcome to the Beginning

[Spekulatius]

The obvious danger with a hugely publicised IPO as this is, that most people willing to invest in Ethereum at least short to medium term will do this via the IPO. Then after the launch who will want to buy people's ether? Will this not inevitably lead to a rapid price drop?

Admittedly I haven't looked into the project deep enough, maybe ether will not be traded?

Cough, Mastercoin.

Seriously, I guess their greed or maybe the hope of individual members of Ethereum to get as many board members  hooked as possible before the IPO by incentivicing them this way, got them carried away and will turn out as a huge disappointment once the shares are openly traded. However, if the project can survive that break away of interest and trust in the beginning they may actually make true of some of their promises and develop good stuff later on.

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[Herp]

The obvious danger with a hugely publicised IPO as this is, that most people willing to invest in Ethereum at least short to medium term will do this via the IPO. Then after the launch who will want to buy people's ether? Will this not inevitably lead to a rapid price drop?

Admittedly I haven't looked into the project deep enough, maybe ether will not be traded?

Cough, Mastercoin.

Seriously, I guess their greed or maybe the hope of individual members of Ethereum to get as many board members  hooked as possible before the IPO by incentivicing them this way, got them carried away and will turn out as a huge disappointment once the shares are openly traded. However, if the project can survive that break away of interest and trust in the beginning they may actually make true of some of their promises and develop good stuff later on.

Mastercoin is doing quite well, thank you.

[Jeezy911]

I'm actually really interested in this project, but on this forum the word IPO is usually spelled SCAM. The problem is that IPO basically makes the developer's rich. After they become rich are they still motivated to improve the project? I wouldn't be.

[quarkfx]

I'm actually really interested in this project, but on this forum the word IPO is usually spelled SCAM. The problem is that IPO basically makes the developer's rich. After they become rich are they still motivated to improve the project? I wouldn't be.

Usually the IPO is a risk investment which makes it easy to scam. In my opinion it is pretty easy to set up a contract that obligates the developers to reach certain targets or else to pay back the initial investment. This of course would mean that the price of ethers would be higher than in a common IPO, but by doing so it would turn into a real community project. Higher security would ensure people to jump in and give the whole project a higher sustainability. People are less likely to sell-off, developers are less likely to drop the project.

Easy as that.

Now, why is noone doing so? The answer is obvious: there are still enough people hoping for fast money and developers that don´t see the inherent problems in this way of promoting their project.

[TKeenan]

Will this not inevitably lead to a rapid price drop?

Cough, Mastercoin.

Yeah, Mastercoin has been a nightmare for investors.  To date it is 1000% of the buy-in price.  I was really expecting a much higher return performance than that.  I should have bought Dogecoin.  What was I thinking?

[Spekulatius]

Will this not inevitably lead to a rapid price drop?

Cough, Mastercoin.

Yeah, Mastercoin has been a nightmare for investors.  To date it is 1000% of the buy-in price.  I was really expecting a much higher return performance than that.  I should have bought Dogecoin.  What was I thinking?

Price development after public trading (on exchanges!) is what Im getting at in case you didnt guess it. Also Facebook must have been a real doozie for Mark Zuckerburg and friends but the IPO still zucked.

http://coinmarketcap.com/msc_90.html

[Rampion]

Will this not inevitably lead to a rapid price drop?

Cough, Mastercoin.

Yeah, Mastercoin has been a nightmare for investors.  To date it is 1000% of the buy-in price.  I was really expecting a much higher return performance than that.  I should have bought Dogecoin.  What was I thinking?

Price development after public trading (on exchanges!) is what Im getting at in case you didnt guess it. Also Facebook must have been a real doozie for Mark Zuckerburg and friends but the IPO still zucked.

http://coinmarketcap.com/msc_90.html

Sure, to have a nice returns you need to be one of the very first in. I myself bought at IPO (0.01) and sold two times: once at 0.23 and the other at 0.2.

It must suck to be the guy who bought at those prices.

Without mentioning the "buymastercoin" scam who was advertised on the main MSC website, the guy had the guts to sell the MSC at +0.5 and noobs bought from him. Nice way to scam and to 50-fold your money in the blink of an eye.

Most of those that didn't participate in the MSC IPO but bought afterwards have been assraped.

[heajin5921]

I'm very interested, I will continue to focus

[keepwalking1234]

When will ipo starts? thanks

[ilovenxt]

The name should be changed.

Simple is beautiful.

Ethereum is hard to spell, hard to pronounce. We need a simple name just like "Bitcoin"!

[InsanityDev]

A Turing complete scripting layer run by the full clients (mining nodes) is subject to the Halting problem. You are begging for Murphy's Law due to centralizing chaos.

When we run JavaScript in our Chrome browser, we are not requiring Google's servers to run the scripts. I see your mitigation is to charge the contract per line of code executed (beyond 16) for each transaction on the contract. However the cost of execution is "not one size fits all", thus you prevent innovation and bind together that which should be decentralized freedom.

I said this a few months ago when Vitalik was writing the paper, it was my first and only comment. You wrote the problem and the answer above.

[Skoupi]

Ethereum is hard to spell, hard to pronounce. We need a simple name just like "Bitcoin"!

No problem it's turing complete. 

[leafer]

Keep eye on ether.

[hakanf]

ethereum philosophy is simplicity? even the sentence you are trying to explain simplicity is complex as hell and oh, in order to decrease complexity a little bit, i have to sacrifice some efficiency from time and data storage. i don't know about your technology but you look like most non-user friendly coin i have seen and your pr sucks so much.

[analau]

Whathe hell is the slider in the ethereum client (top down) probably a stupid question

[wayniac30]

Whathe hell is the slider in the ethereum client (top down) probably a stupid question

I wanna know this same thing i keep mine all the way to the top lol but have no idea what it is. I have no idea what to do at all here but i think im mining i have 103.5 ether?

[nightengale]

When does presale begin?

[wayniac30]

but I have no idea what im doing i have 0 siblings not sure im even mining this thing is crazy lol. Whats connect to peer and how do i do that?

[runomata]

but I have no idea what im doing i have 0 siblings not sure im even mining this thing is crazy lol. Whats connect to peer and how do i do that?

you are just testing system

[Skoupi]

When does presale begin?

You can't wait to make the "developers" rich right?
I 'm sure they have some public addresses already. Why don't you go and donate them your money?