
This is the big #2 proposal that is driving DAO lemmings-jump-off-the-cliff-and-drown-in-the-sea mass suicide.
It's almost impossible to exaggerate how retarded this is...
Or how blockchain unsuitable maintaining fleets of cars is (why stop here, let's manage an airline with Solidity code).
Would you put someone you care about into this contraption?
And as for the claims of instant profits, sorry, no free lunch...
You can withdraw your ETH at 100 DAO per ETH... if you paid 1.5 ETH per 100 you will take a 50% loss.
I suspect that >>> 50% of the DAO investments will be pulled out within weeks...
But the SuperBubble masters will have succeded in popping ETH by 50% in the last month.
Please note that all that heavy buying... is matched by heavy selling and profit taking.
Doesn't matter to these investors as profit taking is the whole idea now.
What could go wrong though is if this DAO will eventually make its way up like how ETH is doing. BTC would be left behind if it weren't because of the halving that users are waiting. But lets wait after all profit taking is the game.