Hello Vitalik! Quick question! Is there a minimum amount required for initial investment? On the blog you wrote:
Will the minimum purchase be 1 BTC worth or will you be able to purchase with .5BTC or less for example? I think there are a lot of people who don't have thousands to invest but still want to get involved early on. Me being one of them
min is .01btcQuote
...on February 1, the fundraiser will begin, at which point anyone will be able to obtain some of the initial pre-allocated ether (Ethereum's internal currency) at a rate of 1000-2000 ether for 1 BTC by going to http://fund.ethereum.org. The fundraiser will run throughout February and March, and early funders will get higher rewards; anyone who sends money in the first seven days will receive the full 2000 ether, then 1980 ether on the 8th day, 1960 on the 9th day, and so forth until the baseline rate of 1000 ether per BTC is retained for the last three days of the fundraiser.
Will the minimum purchase be 1 BTC worth or will you be able to purchase with .5BTC or less for example? I think there are a lot of people who don't have thousands to invest but still want to get involved early on. Me being one of them
Why in the world would anyone buy this coin pre-sale is beyond me. This coin is going to be way way undersold. There is going to be a huge coin dump to compensate and you will be able to buy them for huge discounts aftermarket. Do not enable this type of behaviour from coin devs. Do they deserve to make a ton of money for their efforts? Yes, if the the coin succeeds. Do they need to be millionaires before the launch and before we see progress or pretty much anything? WTF? They want the entire Bitcoin community to pay them 36 million dollars plus salary plus 50% of the mine before launch. For what? They must think we are all frackin idiots.