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hamiltino
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July 23, 2014, 08:18:30 AM |
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Fun fact: Maidsafe is dirt cheap atm from sellers wanting to get in on the ether presale.
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stacking coin
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Eadeqa
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July 23, 2014, 08:26:51 AM |
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Did mediasafe deliver anything? Any software?
I think Ethereum will deliver a product at least.
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newuser01
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July 23, 2014, 08:26:53 AM |
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Fun fact: Maidsafe is dirt cheap atm from sellers wanting to get in on the ether presale.
what the actual fuck dirt cheap? they're finally now worth about the same as IPO price.. did you miss all the weeks inbetween the IPO and now when they were trading at ~2500-3000? edit: Then you should know that it peaked at 5000-6000 and there was no way it was going to stay there.. Just because bitcoin peaked at $1000 doesn't mean that $700 is "dirt cheap".. I think you need to look abit further back than the last 5 days. anyway this has nothing to do with Etherium |
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newuser01
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July 23, 2014, 08:34:54 AM |
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Fun fact: Maidsafe is dirt cheap atm from sellers wanting to get in on the ether presale.
what the actual fuck dirt cheap? they're finally now worth about the same as IPO price.. did you miss all the weeks inbetween the IPO and now when they were trading at ~2500-3000? No i bought in between 2500 and 3000. Maidsafe has been trading between 5400 and 6000. Right now there have been trade orders between 3500 to 5000.  Then you should know that it peaked at 5000-6000 and there was no way it was going to stay there.. Just because bitcoin peaked at $1000 doesn't mean that $700 is "dirt cheap".. I think you need to look abit further back than the last 5 days. anyway this has nothing to do with Etherium |
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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July 23, 2014, 08:36:50 AM |
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when does Maidsafe actually release a product??? Also how is the ether priced in the system. if is open sourse, what is to stop and eth competitor launching and makeing processing cheaper. how is running a program costed.....anything above normal cpu costs per cycle minus cloud/vm penalties looks to be quite open to arbitrage.... the only way to do this is to divide the total computable network power to compute by the number of ether minted. Also where does the used ether go??? to miners? infact Vitamin B envisages this "It is very likely that alternative versions of Ethereum (“alt-etherea” or “forks”) will be released as separate blockchains, and these chains will compete against the official Ethereum for value. Successfully purchasing ETH from the Genesis Sale only guarantees that you will receive ETH on the official network, not any forks." https://blog.ethereum.org/2014/07/22/launching-the-ether-sale/ |
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hamiltino
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July 23, 2014, 08:46:55 AM |
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when does Maidsafe actually release a product???
Same ETA as ethereum, end of 2014. |
stacking coin
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multibit
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July 23, 2014, 08:47:17 AM |
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I think some posters here need to do more research on their own, ethereum is not new, it's been in development for a long time now. There is plenty of information on the net about the developers, their past projects, etc. They are some of the most popular and well-known people in the cryptocurrency realm.
What most people, including me, who are used to throw-away type altcoins and have grown so skeptical and cynical, don't understand...is...ethers are not coins. They are tokens to be used to "rent space" or complete any action on the ethereum blockchain. Ethereum is a programming language which allows developers to build applications on a decentralized internet.
For example, you have a website...your website is hosted on somebody's server. But if you have a website hosted on Ethereum, your website exists on the blockchain. It's decentralized and updated through the mining process.
For those who think Ethereum is a coin, its not. It aims to be the beginning of the next generation of internet, where the entire internet exists on a blockchain, everybody pays a little ether for every action they make online, and the whole net is supported by mining ether the same way the "bitcoin ledger" is supported and updated by mining bitcoin.
There probably will be no immediate or short-term gains. But it might be something you can buy and give to your children and grandchildren.
That's a very bold statement to make that there will probably be no immediate or short term gains. You can't justify that. Need to start working on some children haha |
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multibit
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July 23, 2014, 08:51:18 AM |
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I have two questions.
1. What is the total amount of ETH that will be created ever ?
2. What exchanges can trade ETH ?
The second question is related to Safemaidcoin. It could only trade in masterxchange and coin could only store in omniwallet. Both of these never fully worked for me for 6 days. I don't want to own a coin that can only be traded in one proprietary exchange.
P.S. I don't really believe the total ether purchased number on the web. Just trying to create a herd mentality.
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testadimerlo
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July 23, 2014, 08:53:29 AM |
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Devs cancelled the first IPO in order to work on details and come up with a decent IPO plan. Instead they've just started IPO with no info whatsoever. Maidsafe investors got about 20000 coins for 1 BTC, devs set a cap but still investors are pretty much fucked. Ethereum devs only offer 2000 for 1 BTC, didn't set a cap, didn't post any info about total amount of coins, mining plan, devs stake ect. Looks like another big disappointment: eMunie, Maidsafe, Ethereum.
Indeed I m not understanding which is the total amount of the coins? Who knows? |
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jubalix
Legendary
Offline
Activity: 2618
Merit: 1022
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July 23, 2014, 08:56:39 AM |
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Devs cancelled the first IPO in order to work on details and come up with a decent IPO plan. Instead they've just started IPO with no info whatsoever. Maidsafe investors got about 20000 coins for 1 BTC, devs set a cap but still investors are pretty much fucked. Ethereum devs only offer 2000 for 1 BTC, didn't set a cap, didn't post any info about total amount of coins, mining plan, devs stake ect. Looks like another big disappointment: eMunie, Maidsafe, Ethereum.
Indeed I m not understanding which is the total amount of the coins? Who knows? the number o of eth ~ 2000 x BTC IPO + 10%ETH DEV + 100% mining. this is very rough |
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newuser01
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July 23, 2014, 08:57:05 AM |
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Devs cancelled the first IPO in order to work on details and come up with a decent IPO plan. Instead they've just started IPO with no info whatsoever. Maidsafe investors got about 20000 coins for 1 BTC, devs set a cap but still investors are pretty much fucked. Ethereum devs only offer 2000 for 1 BTC, didn't set a cap, didn't post any info about total amount of coins, mining plan, devs stake ect. Looks like another big disappointment: eMunie, Maidsafe, Ethereum.
Indeed I m not understanding which is the total amount of the coins? Who knows? nobody knows that why this IPO is so weird I was really interested in Ethereum but this all looks so scammy, I don't know what to think anymore. |
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testadimerlo
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July 23, 2014, 08:59:11 AM |
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Devs cancelled the first IPO in order to work on details and come up with a decent IPO plan. Instead they've just started IPO with no info whatsoever. Maidsafe investors got about 20000 coins for 1 BTC, devs set a cap but still investors are pretty much fucked. Ethereum devs only offer 2000 for 1 BTC, didn't set a cap, didn't post any info about total amount of coins, mining plan, devs stake ect. Looks like another big disappointment: eMunie, Maidsafe, Ethereum.
Indeed I m not understanding which is the total amount of the coins? Who knows? nobody knows that why this IPO is so weird I was really interested in Ethereum but this all looks so scammy, I don't know what to think anymore. Red Flag. I want to invest, not only to participate in a crowdfunding. I d like to know the total amount of the coins. Ursius, something about it? |
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hill
Member
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Activity: 68
Merit: 10
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July 23, 2014, 09:00:55 AM |
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I hate "the more the better"!, which just indicates the dev is greedy!
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Good Luck For Everyone!
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Mercator
Newbie
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Activity: 17
Merit: 0
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July 23, 2014, 09:14:46 AM |
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Ethereum is a great idea - I've talked to some of the devs and they seem really competent and enthusiastic - altogether a nice team of folks.
Unfortunately, looking at the detail of the pre-sale (not an IPO as they're selling software - a product) there is so much complication and lack of clarity that much has to be taken on trust.
For me the confusion about how many Ethers will exist in total is in sharp contrast to BTCs 21 million cap which is one of its greatest selling points.
Therefore any investment in this pre-sale is really just a support of the team and a wish to see this very ambition project succeed - eventually.
I do not see this as an investment but as support to the team.
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technologible
Newbie
Offline
Activity: 11
Merit: 0
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July 23, 2014, 09:25:31 AM |
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Actually I fear that SEC will watch this IRRESPECTIVE of the way it ends. The sheer crowddsale volume will draw a lot of attention. I'm not really sure that you are doing the right thing.
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multibit
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July 23, 2014, 09:27:06 AM |
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Actually I fear that SEC will watch this IRRESPECTIVE of the way it ends. The sheer crowddsale volume will draw a lot of attention. I'm not really sure that you are doing the right thing.
If those 7m ETH number is anything close to real. Then I will be scare to go in because ppl might dump on first day of trading. |
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ney
Newbie
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Activity: 10
Merit: 0
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July 23, 2014, 09:31:06 AM |
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"ENSURED THAT THE JSON WALLET FILE (ethereum-wallet-.json) IS ON YOUR COMPUTER BEFORE YOU SEND ANY BTC."
how to get ethereum-wallet-.json and install it?
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bigj
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July 23, 2014, 09:31:30 AM |
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1337ETH? Seriously?
I don't get it. Is 1337ETH a secret code? 1337 is leet speak for "leet" which is a colloquialism for "elite". In other words, only 13 year old Counter-Strike players refer to things at 1337. Thanks for clarifying  That fits perfectly! Nailed. |
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tobeaj2mer01
Legendary
Offline
Activity: 1098
Merit: 1000
Angel investor.
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July 23, 2014, 09:33:15 AM |
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Actually I fear that SEC will watch this IRRESPECTIVE of the way it ends. The sheer crowddsale volume will draw a lot of attention. I'm not really sure that you are doing the right thing.
If those 7m ETH number is anything close to real. Then I will be scare to go in because ppl might dump on first day of trading. This is just one day amount, the final amount will be more than 70 m ETH. |
Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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colinistheman
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July 23, 2014, 09:44:23 AM |
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Is this still true: - After the fundraiser closes, the total sum of ether produced will be denoted as X and we will instantiate a premine of 0.50*X for the fiduciary members, early stakeholders, strategic partners, a pool for use between the conclusion of the fundraiser and the launch of mining and finally a long term endowment. Specific percentages will be discussed in the Prospectus to be released on the day of the fundraiser (Feb 1st)
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