[ANN] Ethereum: Welcome to the Beginning

[windjc]

12,000 btc and no sign of slowing down. Are banksters artificially dumping cash into this?

The amount be "invested" is suspicious. This certainly is not coming from the crypto community at this point. No one is this dumb to dump money into this overbloated investment right now.

Well, there are "Bitcoin" deposited to their address, so either they send their own BTC there or those orders are real.

The bet is now looking a tad better for me

I think they are marketing to bitcoin owners or investors not associated with BitcoinTalk. The Ethereum thread is not growing enough to justify any sort of investment on this scale continuing.

You're right. Your bet is looking better. I think we are back to about 50/50% odds at this point.

I expected a jump on the 14th day, but not this much of one. Now will people still invest after the 14th day? Be interesting to see. But if this money is coming from bankers, then you'll win this bet. They'd pump it up just for PR alone.

13000 bitcoins. This is going to be one of the worst bitcoin investments of all time. I was going to invest in this, but there is literally no need at this point. I can get it dirt cheap in 6-12 months. I wonder if MP is still offering his 5000/1 futures contracts?

[TwinWinNerD]

12,000 btc and no sign of slowing down. Are banksters artificially dumping cash into this?

The amount be "invested" is suspicious. This certainly is not coming from the crypto community at this point. No one is this dumb to dump money into this overbloated investment right now.

Well, there are "Bitcoin" deposited to their address, so either they send their own BTC there or those orders are real.

The bet is now looking a tad better for me

I think they are marketing to bitcoin owners or investors not associated with BitcoinTalk. The Ethereum thread is not growing enough to justify any sort of investment on this scale continuing.

You're right. Your bet is looking better. I think we are back to about 50/50% odds at this point.

I expected a jump on the 14th day, but not this much of one. Now will people still invest after the 14th day. Be interesting to see. But if this money is coming from bankers, then you'll win this bet. They'd pump it up just for PR alone.

Do you know why the jump tomorrow is only 2000->1970 ? I thought on the last day the ration will be 1 BTC -> 1337 etherum.

The address is receiving transactions very frequently , 4400 total until now. I didn't even know that there are >4000 people actively watching and following IPOs that closely. Very strange indeed.

[TwinWinNerD]

I wonder if MP is still offering his 5000/1 futures contracts?

I doubt it, this was a very good deal and more of a PR gag. Only 1000 BTC total

[fortheson]

dev, I have just purchased ethereum,, how can I confirm my balance.?

when I checked my account balance by entering my address into check box ,there is no reply

[Chang Hum]

I wonder if MP is still offering his 5000/1 futures contracts?

2.5:1 and yes he still is!! Don't know were you got 5000:1 from!

[windjc]

12,000 btc and no sign of slowing down. Are banksters artificially dumping cash into this?

The amount be "invested" is suspicious. This certainly is not coming from the crypto community at this point. No one is this dumb to dump money into this overbloated investment right now.

Well, there are "Bitcoin" deposited to their address, so either they send their own BTC there or those orders are real.

The bet is now looking a tad better for me

I think they are marketing to bitcoin owners or investors not associated with BitcoinTalk. The Ethereum thread is not growing enough to justify any sort of investment on this scale continuing.

You're right. Your bet is looking better. I think we are back to about 50/50% odds at this point.

I expected a jump on the 14th day, but not this much of one. Now will people still invest after the 14th day. Be interesting to see. But if this money is coming from bankers, then you'll win this bet. They'd pump it up just for PR alone.

Do you know why the jump tomorrow is only 2000->1970 ? I thought on the last day the ration will be 1 BTC -> 1337 etherum.

The address is receiving transactions very frequently , 4400 total until now. I didn't even know that there are >4000 people actively watching and following IPOs that closely. Very strange indeed.

Yes, its practically unbelieveable. Its bat shit crazy actually. I cant and wont believe that there are 4400 idiots out there.

[BittBurger]

You guys weren't at the Miami conference where 20+ media people mobbed Vitalik when he got off the stage.

So that tells me that what bitcointalk kids think, means a pile of shit in the real world.

I just wish sometimes your conclusions matched.  Because I have no idea who to listen to right now.  :-/

-B-

[TwinWinNerD]

Still... 15600 BTC with so many days to go is ridiculous. How exactly are the investors planning on profiting from this?
If I want my money tied up in Cryptos for half a year I'd want a big reward potential

[TwinWinNerD]

Still... 15600 BTC with so many days to go is ridiculous. How exactly are the investors planning on profiting from this?
If I want my money tied up in Cryptos for half a year I'd want a big reward potential

The more you say...   the more I am convinced you have dropped BTC into this...   

The only money I have in this is the 0.2 BTC in the Bet. 

Also the project itself is very interesting, I might buy some when it hits exchanges and drops like a stone

[TwinWinNerD]

...I might buy some when it hits exchanges and drops like a stone

Although understandable...  I view this^^^ to be a very risky approach.

My take on Ethereum...   In Vitalik we Trust!   

Sure, but the potential reward will be much higher if my strategy works. If not, I (imo) only miss a small reward.

In BCNext we trust , hehe

[drawingthesun]

Because I have no idea who to listen to right now.  :-/

Still... 15600 BTC with so many days to go is ridiculous. How exactly are the investors planning on profiting from this?
If I want my money tied up in Cryptos for half a year I'd want a big reward potential

If the IPO ends at 15,000 bitcoin, you'll need a market capitalisation of about 30,000 bitcoin to be break even.

This assumes that the eventual supply around year 4 is taken into account on the free market (It probably will be) and also assumed around 25% inflation year 1 and less than that for each year after. The reason why it isn't less than 30,000 bitcoin is because of the founders share, if the founders share is massive then you'll need a lot more than 30,000.

This only really holds of course if the IPO ends at 15,000 bitcoin,

If the IPO ends at 40,000 bitcoin, you'll will need a market capitalisation of about 80,000 bitcoin for the investors to not lose money.

Litecoin is worth over 300,000 bitcoin, so put that into perspective.

However, IPO's always fall down in the first weeks of trading, so if you're a small fish, buying on the market after IPO will be your best bet. The larger amount you want to buy the more chance you'll move the market and end up paying more than IPO.

If you want about 50 bitcoins (or less) worth of Ether, you're going to get a good deal once this trades on the free market. However if you wanted 1,000 bitcoin worth of Ether, this IPO might be your best chance.

Also remember that even though Litecoin will fall from grace, the top spots are going to belong to increasingly competitive and useful coins, I'm not sure what coin will be number 2 to Bitcoin, I have bet on Monero because its utility is immediate and worthwhile. Ethereum could settle above Monero or close.

I think long term holders of Ether from this IPO will be safe, but the short term ride will be rough.

[TwinWinNerD]

Because I have no idea who to listen to right now.  :-/

Still... 15600 BTC with so many days to go is ridiculous. How exactly are the investors planning on profiting from this?
If I want my money tied up in Cryptos for half a year I'd want a big reward potential

If the IPO ends at 15,000 bitcoin, you'll need a market capitalisation of about 30,000 bitcoin to be break even.

This assumes that the eventual supply around year 4 is taken into account on the free market (It probably will be) and also assumed around 25% inflation year 1 and less than that for each year after. The reason why it isn't less than 30,000 bitcoin is because of the founders share, if the founders share is massive then you'll need a lot more than 30,000.

This only really holds of course if the IPO ends at 15,000 bitcoin,

If the IPO ends at 40,000 bitcoin, you'll will need a market capitalisation of about 80,000 bitcoin for the investors to not lose money.

Litecoin is worth over 300,000 bitcoin, so put that into perspective.

However, IPO's always fall down in the first weeks of trading, so if you're a small fish, buying on the market after IPO will be your best bet. The larger amount you want to buy the more chance you'll move the market and end up paying more than IPO.

If you want about 50 bitcoins (or less) worth of Ether, you're going to get a good deal once this trades on the free market. However if you wanted 1,000 bitcoin worth of Ether, this IPO might be your best chance.

Also remember that even though Litecoin will fall from grace, the top spots are going to belong to increasingly competitive and useful coins, I'm not sure what coin will be number 2 to Bitcoin, I have bet on Monero because its utility is immediate and worthwhile. Ethereum could settle above Monero or close.

I think long term holders of Ether from this IPO will be safe, but the short term ride will be rough.

You base your conclusions on speculations. A coin or any asset for that gets its value from the Utility you get from owning it.

Until now I/or anyone else for that matter can not explain how exactly those who hold ether profit from it. There is a very bad monetarizing of the project itself. Also ether will not be used as currency or atleast there are not thoght to be used for that.

Explain that to me!

[Adrian-x]

I just wish sometimes your conclusions matched.  Because I have no idea who to listen to right now.  :-/

this tread is moderated by bitcointalk admins, not a self moderated thread, if you want a coherent pitch you should stick to the threads Etherium can control.

My view is if this thing is going to take off you will know. just being in the Bitcoin space right now makes you a very early adopter.  you will know if Etherium is going to fly well before the masses.

me personalty, if you are looking at a 3 - 5 year horizon, this is a dud investment , you are better of in Bitcoin at the moment. if that changes you will know and you still won't be a laggard.

[ottobene]

Do not you think that the logo is very similar to the no-mans-sky? proof - http://www.no-mans-sky.com/

[ottobene]

when i deposit BTC at the wallet, i get 3/6 confirmation and then my browser crahed. What next?

[profitofthegods]

when i deposit BTC at the wallet, i get 3/6 confirmation and then my browser crahed. What next?

They explain it on the site, I think as long as you followed the instructions and downloaded the wallet before sending your btc you will be ok.

[ottobene]

when i deposit BTC at the wallet, i get 3/6 confirmation and then my browser crahed. What next?

They explain it on the site, I think as long as you followed the instructions and downloaded the wallet before sending your btc you will be ok.

Yes i did it. now i get confirmation via email and all ok, waiting for blockchain

[lucazane]

I didn't receive the email, I have the downloaded the wallet.

Is it a problem ?

[TwinWinNerD]

At this point (~22000 BTC) i am nearly 100% sure that I will win this bet. Sick shit...

[ottobene]

22000 BTC. This is madness. almost 13000000$.

 Ocтaп-Cyлeймaн-Бepтa-Mapия-Бeндep-бeй кypит в cтopoнкe