1000 ether for 1BTC? Lame
I thought the IPO price was going to be $0.08 USD per ether?
It doesn't matter whether the Ethereum people make it 10000 BTC per ETH or
If it doesn't matter then why did they increase the price from $0.08 to $0.82 ?
-B-
In one way it appears not to matter: "Oh well if we increase the price there will just be less ETH outstanding. If we decrease the price there will just be more ETH outstanding"
The swindle here is subtle, and I am going out on a limb just theorizing how it will work: There will be a fixed fee for transferring ETH just like there is with Nxt. By increasing the price, the people with more ETH get more from proof of stake mining by way of transaction fees.