Post
Topic
Board Altcoin Discussion
Re: Ethereum Price Technical Analysis – Tight Consolidation, Breakout Looming?
by
Nullu
on 13/10/2015, 12:39:15 UTC
This will go down some more.  Buterin and co. will be needing some funds to continue development.

Sadly it looks seriously like this, this is such a waist of such a beautifull concept, this IS what blockchain can do, but we need an ether completely decentralized....

It's to be expected when the IPO was so unbelievably hyped. They should have sought another funding model.

What are you talking about?  They made quite a bit of BTC with their funding model, both in the presale and the listing at the exchanges...  And outside the SEC's clutches too.  They did well for themselves.

But they should have sought for another spending model though.

I am talking purely about the initial IPO and price evaluation they put on Ethereum. When I said they should have sought another funding model, I am by no means saying the funding model was a failure for them.