Quote from: lonsharim on January 24, 2014, 08:27:58 AM

Quote from: msin on January 24, 2014, 05:22:23 AM

Quote from: BittBurger on January 24, 2014, 03:30:49 AM

Quote from: msin on January 24, 2014, 12:37:14 AM

Quote from: currencydebt on January 24, 2014, 12:24:09 AM

http://www.ursium.com/ethereum-white-paper-updated/

Important update on numbers.

1000 ether for 1BTC? Lame

I thought the IPO price was going to be $0.08 USD per ether?

Quote

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-0

+1 You guys keep saying ETH per BTC doesn't matter. Then why are you changing it from the initial whitepaper #'s? It matters when we are talking about fees and it matters when we are talking about mining vs IPO purchase. The whole announcement thing was BS and it seems like this 19 year old doesn't really know which directions he's going. Is it POW or is it POS?

It's not cool to keep dragging the man's age into the discussion. If you think he is too young and unpredictable then the best course of action is to stay away from this project. Also he is but one among 4 officially stated founders and perhaps one among a larger group of developers involved in this project...

Yeah ... I have something to say to this. 19 years old is PERFECT for this project. I'm 28. In this ever more rapidly evolving world it is going to take some one who's mind hasn't been polluted with the traditional way of doing things to have a nimble enough thought process to pull something like this off. There are ever larger generation gaps in shorter periods of time - there are at least two between his and my age.

Reading over his few posts they are well synthesized. Understanding him taking real world concepts and incorporating them into technology. Vs just getting lost in "what we can do"

I am not a low level developer. More of a business \ scripting dabbler. But in my experience it is rare to have somebody apply as many real world concepts to a project as what I've seen him write about AND be a genuis. He is bucking some of the cryptocurrency tradition in favor of other traditional business / economical concepts - it's a rare mixture of both.