zythos
Newbie
Offline
Activity: 48
Merit: 0
|
|
July 23, 2014, 10:50:35 AM |
|
How many btc worth of ethereum is being sold?
There is no limit at the moment, even not clear how many ethereum there are going to be in the end. Hi It depends on how many people invest(No limit) or at least that's how i understood it. I bought a few, but i am skeptical because the more coins their are the bigger the possibility for devaluation of each coin. This is the most hyped alt ever, so anyone investing should be careful. Also it could take 6 months or more before it's released, so your btc is tied up. They also state that there is no refund, so if it doesen't work out= you loose your investement. Probably better just to buy more Xcurrency
|
|
|
|
CryptoGretzky
|
|
July 23, 2014, 10:59:57 AM |
|
How many btc worth of ethereum is being sold?
There is no limit at the moment, even not clear how many ethereum there are going to be in the end. Hi It depends on how many people invest(No limit) or at least that's how i understood it. I bought a few, but i am skeptical because the more coins their are the bigger the possibility for devaluation of each coin. This is the most hyped alt ever, so anyone investing should be careful. Also it could take 6 months or more before it's released, so your btc is tied up. They also state that there is no refund, so if it doesen't work out= you loose your investement. Probably better just to buy more Xcurrency It's crazy because the 83.5% IPO coins will be diluted to 50.6% after 3 years and down to 26.3% after 10 years. I can just see the major dump fest once mining start... Source: https://www.ethereum.org/images/terms/distribution.jpg
|
|
|
|
zythos
Newbie
Offline
Activity: 48
Merit: 0
|
|
July 23, 2014, 11:08:01 AM |
|
Well i'm happy i only bought a few coins, just for the fun. 6 months or maybe longer, That's years in cryptoland . I wonder how much more advanced/evolved Xcurrency will be by then? Rev6 perhaps
|
|
|
|
synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
|
|
July 23, 2014, 11:19:14 AM |
|
Well i'm happy i only bought a few coins, just for the fun. 6 months or maybe longer, That's years in cryptoland . I wonder how much more advanced/evolved Xcurrency will be by then? Rev6 perhaps Heh. Indeed. And Ethereum is not very private.
|
Co-Founder, the Blocknet
|
|
|
synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
|
|
July 23, 2014, 11:22:17 AM |
|
The economics of ETH aren't very appealing:
- continual and significant dilution of the money supply = inflation
- no upper limit to how much ETH will be bought in the pre-sale = massive dilution is possible
- ETH being untradeable for the duration of the critical pre-launch development is incredibly risky
Initially I was incredibly excited about Ethereum, and it's still a valuable project, but I see no reason to buy now.
|
Co-Founder, the Blocknet
|
|
|
|
GameStarter
|
|
July 23, 2014, 11:26:15 AM |
|
I sent a message to moolah.io asking to integrate XC. I received this reply: "Thanks for the suggestion, I'll forward it to our development team. For a coin to be added we like to see the coin's community reach out to us via various channels to prove they're active and they will use the platform." XC community, to help XC integration into moolah.io we just have to let them know what we want
|
XChat adress + Key: XVgjcg7tnFgkthL2hi4yvXiU66FWkZ Key: bjmK3SsiNEUC2VJkcEGTMRBmqYx3rXhxRh39BvbtpAof
|
|
|
b00s624
Sr. Member
Offline
Activity: 322
Merit: 250
-----------✄----------
|
|
July 23, 2014, 11:27:28 AM |
|
i like this coin
|
|
|
|
CryptoGretzky
|
|
July 23, 2014, 11:27:39 AM |
|
The economics of ETH aren't very appealing:
- continual and significant dilution of the money supply = inflation
- no upper limit to how much ETH will be bought in the pre-sale = massive dilution is possible
- ETH being untradeable for the duration of the critical pre-launch development is incredibly risky
Initially I was incredibly excited about Ethereum, and it's still a valuable project, but I see no reason to buy now.
I was really interested too, but after doing some serious thinking about all those points above, I am not so sure. In fact, I think it's really insane to dump any large amount of btc into it. At this point in time, there are over 3900 btc that got sucked out of the altcoin scene into ETH. This is going to be some dark age for alt coins I am afraid.
|
|
|
|
CryptoGretzky
|
|
July 23, 2014, 11:29:00 AM |
|
It uses Bitcoin which is not anonymous. Totally different thing. It's a great thing that iOS now openly support virtual currencies.
|
|
|
|
synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
|
|
July 23, 2014, 11:30:33 AM |
|
The economics of ETH aren't very appealing:
- continual and significant dilution of the money supply = inflation
- no upper limit to how much ETH will be bought in the pre-sale = massive dilution is possible
- ETH being untradeable for the duration of the critical pre-launch development is incredibly risky
Initially I was incredibly excited about Ethereum, and it's still a valuable project, but I see no reason to buy now.
I was really interested too, but after doing some serious thinking about all those points above, I am not so sure. In fact, I think it's really insane to dump any large amount of btc into it. At this point in time, there are over 3900 btc that got sucked out of the altcoin scene into ETH. This is going to be some dark age for alt coins I am afraid. Heh. I'm not sure. BTC is quite likely to head into another bubble, and if it does, there'll be no shortage of money to go around :-) Secondly less money means a little less volume on exchanges, but it doesn't mean that XC's price will go up any less high.
|
Co-Founder, the Blocknet
|
|
|
Teka (OP)
|
|
July 23, 2014, 11:43:37 AM |
|
i like this coin Me too.
|
|
|
|
Teka (OP)
|
|
July 23, 2014, 11:45:14 AM |
|
I sent a message to moolah.io asking to integrate XC. I received this reply: "Thanks for the suggestion, I'll forward it to our development team. For a coin to be added we like to see the coin's community reach out to us via various channels to prove they're active and they will use the platform." XC community, to help XC integration into moolah.io we just have to let them know what we want Lets get the ball rolling https://twitter.com/moolah_iohttps://moolah.io/contacthttps://www.facebook.com/pages/Moolahio/
|
|
|
|
infinitechaos
|
|
July 23, 2014, 11:56:48 AM |
|
I sent a message to moolah.io asking to integrate XC. I received this reply: "Thanks for the suggestion, I'll forward it to our development team. For a coin to be added we like to see the coin's community reach out to us via various channels to prove they're active and they will use the platform." XC community, to help XC integration into moolah.io we just have to let them know what we want Lets get the ball rolling https://twitter.com/moolah_iohttps://moolah.io/contacthttps://www.facebook.com/pages/Moolahio/Oh, I've been rolling that ball for awhile now. I'm a Moolah PIE-holder (the company sold "slices" of its monthly revenue to generate startup funds) and I've been bugging Alex, Moolah's founder, about adding XC for weeks and weeks. But for some reason he seems content with keeping obscure coins that have never once used his platform. They are a new company experiencing a lot of growing pains. I think that once they get settled into their new platform they'll start taking new coin suggestions more seriously. But it could be awhile because they've got a lot of settling in to do. Of course, if we keep pestering him, we'll be atop his list for when he finally gets around to adding new coins. So, yes, let's get the ball rolling.
|
|
|
|
GameStarter
|
|
July 23, 2014, 12:06:43 PM |
|
Could we post a poll vote about XC integrating moolah.io on this thread (or XC official forum)? I would mail them the result to show how many persons from XC community desire it.
|
XChat adress + Key: XVgjcg7tnFgkthL2hi4yvXiU66FWkZ Key: bjmK3SsiNEUC2VJkcEGTMRBmqYx3rXhxRh39BvbtpAof
|
|
|
evtrmm
Sr. Member
Offline
Activity: 392
Merit: 250
So much for "Community"
|
|
July 23, 2014, 12:12:08 PM |
|
|
|
|
|
cryptico
|
|
July 23, 2014, 12:18:27 PM |
|
What is interesting about that?
|
|
|
|
evtrmm
Sr. Member
Offline
Activity: 392
Merit: 250
So much for "Community"
|
|
July 23, 2014, 12:20:44 PM |
|
What is interesting about that? The Dev works with Jasinlee at Fib
|
|
|
|
Artoodeetoo
|
|
July 23, 2014, 12:21:33 PM |
|
Why is that interesting?
|
DASH #DashDC #DashIntoDigitalCash
|
|
|
cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
|
|
July 23, 2014, 12:29:19 PM |
|
What is interesting about that? The Dev works with Jasinlee at Fib yes i found it out too. he is working in fibonacci.
|
|
|
|
|