Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
marcusnz
on 29/01/2014, 03:26:06 UTC
Nobody ever said that the tech did not have some potential.  Any publicity will only benefit Ethereum and their wall Goldman Sachs advisors because the deal is structured entirely in their favor.  Do you think they are going to have a 100 million market cap for a coin at launch?  If you do go ahead and sell your home and cash out your retirement fund,  ALL the early profits and investments is designed to go to Ethereum principles and their wall street cronies, you will take ALL of the RISK and none of the benefits.  You can buy a million of these coins aftermarket.

Do your math and your own research before buying into the hype.  The coin has potential, but all the profits are going to Ethereum the way this deal is structured.  You are not getting into the ground floor at the market cap you are entering into.  You are the bagholders until they produce something tangible and prove they can take over the market.  That could be years.  I guarantee you if you like the product, you can buy millions at market price after the launch.  Why take the risk of being a pre-buyer when you can buy after market if you like the tech?  They are pricing 30,000 btc worth of shares at approx one dollar a ETH.  Do your math.  For you to make a profit there will have to be another 100,000 in btc after launch waiting to buy in for you to sell at a reasonable profit.  NEVER going to happen.  The initial 30,000 btc is going to the principals and thats where all the profit is going to.

This is the new precedent set by Goldman Sachs advisors.  If you buy into it this time, every coin will be launched in the same manner.  The profits will be squeezed out of all the miners and crypto investors and go into the pockets of wall street.  Do  not be fooled, you are not buying at the ground floor like most all other coins with reasonable upside, They are taking all the ground floor money out before launch and you are the bag holders in this set-up.

gutshot5820, what is your objective? you are all over here and Reddit (and probably other forums) bagging ethereium to such a degree that it borders on bizarre. Its one thing expressing your opinion, but jumping forums and just reiterating yourself over and over again is very suspicious. You made your point, and presented you argument, so what are you doing? why are you going to such extraordinary lengths to stop people from investing? are you some sort of moral crusader?