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/biz/ - Business & Finance

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453262 No.453262[DELETED]  [Reply] [Original]

Who's invested in etherium here?

Check out the videos the guy looks autistic as fuck you know it's going to be good.

http://youtu.be/l9dpjN3Mwps

Currently 1 bitcoin buys you 1/30,000 of the ether

>> No.453263

I went 0.25 BTC in at the first IPO price. I don't expect miracles but 5 fold return would be nice.

>> No.453269

So... what? Another shitcoin?

>> No.453270

>>453269
If you define "shitcoin" as a crypto that offers nothing new then no. If you think all cryptos are shitcoins then yes.

>> No.453271

>>453263
How many did you get for 1 bitcoin at the beginning?

>> No.453272

>>453270
So yes then.

>> No.453276

>>453271
2000

>> No.453277

Biggest scam in the history of crypto.

>> No.453280

>>453277
please explain.

>> No.453290

>>453280
I'm guessing he is referring to the millions of USD made by the IPO. They may cut and run, that is why I only put a little in.

>> No.453298

>Ethereum’s decision to premine Ether and distribute it via an IPO has been controversial within the cryptocurrency community. Disgruntled community members have discussed forking the Ethereum source code once it is released on GitHub and releasing a non-premined “alt-etherea” to compete with the official project. Vitalik Buterin acknowledged this possibility in an official Ethereum blog post.

>By conducting an IPO, Ethereum will have a monetary advantage over its anti-premine competition. Combined with Ethereum’s research and development advantage over the competition, it is unlikely they will face a serious challenge from Ethereum forks.

Though prospective Ether purchasers should not worry about the threat of alt-etherea, Ethereum faces significant competition from current and future next-generation cryptocurrency platforms such as Nxt, Counterparty, and Mastercoin. Nevertheless, the community has already begun pouring money into the Ether presale. Within two hours of the sale’s launch, buyers had purchased nearly 2.5 million units of Ether.

Not sure if I should buy...

>> No.453333

Oh look, another shitty fake coin worth literally nothing.

Please, tell me more...

>> No.453349

>>453262
I invested 0, the people running it are a bunch of useless goofballs. Especially that sad Russian fuck.
In case you haven't read their white paper they are saying that they are gonna cash all the bitcoin to $ because of its volatility. That's probably the sudden break in price.

>> No.453351

>>453333
They got the $100k Peter Thiel Fellowship Award
thought.
>inb4 Who is Peter Thiel
Maybe you shouldn't be posting in here.

>> No.453358

>>453262
Etherium might go big due having a legit, trusted team behind it. The concept itself is not bad, a type of "pay to play" system running on their own cryptocurrency. Invested 0.2 BTC for the hell of it.

>> No.453721
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453721

OP here, I just went in hard with a whole bitcoin.
The fact Peter Thiel is vaguely involved swayed me.

The devs only get 8.5% of the genesis block. And another 8.5% for the "ether foundation" the other 80~% goes to the prebookers like us.
Looks like this has upside potential when it hits the markets winter2014. Maybe x10 profits out of this but it's a gamble. I don't want my grandchildren to hate me for not buying ether on the IPO

>> No.453724
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453724

Sorry

>> No.453725

>>453724
Fuk iPhones

>> No.453751

>>453724

Good to see someone resizing their pics, unlike /g/ where they post 5MB 5000x5000 pngs of their rigs using their shitty VGA phone cameras

>> No.453753

>>453262
Didn't Ripple beat etherium to the punch? I thought the whole point of etherium was smart contracts.

>> No.453759

>>453351
100k is nothing to peter thiel and he could have invested it for any number of reasons

>> No.453789

>>453759
he didn't invest it in anything. He gave Vitalik $100,000 in exchange for vitaliks soul.

>> No.453792

>>453753
ripple a shit

>> No.453800

One of the tools I follow on tweeter noticed they changed the counter yesterday or the day before. It showed that a few thousand less Bitcoins of the shit were bought then before.

>> No.453801

>>453792
I agree. So if Ripple is shitty and both have pre-mines but Ripple beat Etherium to the punch on smart contracts does that make Etherium extra shitty?

>> No.453820

didn't that one faggot gypsie offer a futures contract for ether at like 10x cheaper the IPO?

>> No.453831

>>453801
peter thiel
PETER THIEL

>captcha: and Lizartmen

>> No.453841

>>453831
http://www.forbes.com/sites/singularity/2013/09/11/peter-thiel-promised-flying-cars-instead-we-got-caffeine-spray/

>> No.453866

>>453841

http://www.theguardian.com/technology/2008/jan/14/facebook

Thiel has a uniformed butler and a $500,000 McLaren supercar. Thiel is also a chess master and intensely competitive. He has been known to sweep the chessmen off the table in a fury when losing. And he does not apologise for this hyper-competitveness, saying: "Show me a good loser and I'll show you a loser."

>> No.453873

>>453866
>Thiel has a uniformed butler and a $500,000 McLaren supercar.
Of course he does. He is a billionaire. If you had read the article I posted however you would see his Fellowships Award recipients are mostly fail. I wonder if he even has the time to personally authenticate them or if he delegates that responsibility to someone else.

>> No.453878

>>453873
Thiel owns Palantir technologies.

If you know about this company you will be afraid

>> No.453894

>>453878
Irrelevant to Etherium. I'm out of this thread.

>> No.453933
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453933

If the speaker was someone who didn't look like a pre-pubescent teen boy I might be interested

>> No.454040

>>453351

Oh my actual Jesus in heaven...

Good luck man lel

>> No.454047

>>453894
He founded paypal

>> No.454049

>>453933
>Prepubescent
Do you even know what that means?

>> No.454060

>>454049
Lack of pubes

And your point is?

>> No.454143
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454143

I'm going to be shilling so hard all over biz for this when it's launched.

Prepare your collective anuses.

>> No.454152

>>453262
>Vitalik

>> No.454179

>>453262
>invested in
delusional NEETs and uneducated retards.

... that's it. go home.