Post
Topic
Board Altcoin Discussion
Re: **** Official Ethereum QA thread ****
by
ciscokid
on 08/04/2014, 03:02:04 UTC
Ask away! Smiley

Here is a re-post of my questions:

1- Will any of the IPO bitcoin be used to fund personal expenses like food/travel/accommodations?

2- Prior to IPO, are we going to get a breakdown of where exactly the funds go?

3- If underfunded, we will all get full refunds correct?

4- If ethereum "fails" for any reason after launch, and Vitalik decides to scrap the idea and do something else, will the investors get stake in whatever new project Vitalik takes on?

5- There seems to be a fair amount of risk involved here. Why is it that early investors are only getting 2K ether for 1 BTC? How exactly was this number arrived at? It seems very inflated for an IPO considering it is still a brand new tech that needs to be created, could very well fail, be copied, not have enough interest to see a return on the investment etc etc.

5a. Why not reward the early investors more for taking on huge risk? 10,000 ether per 1 BTC seems fair considering the risk involved.

6- Theoretically will the cost of using Ether cause the price to always remain low? Because people would not use it if it's too expensive right?

7a- Added these since last post: Will any of the devs/mods be investing their own money into the project to purchase for Ether, at the set 2k Ether/1BTC ? If so, approx how much will be purchased?
7b- What kind of appreciation are you expecting at one year, two years and 3 years? I know this is really does not matter, nor can it be accurately predicted at all. But I just want to know what is going on in your minds, even if it is not accurate at all. Helps me to better gauge where you guys are coming from. If you guys are indifferent that is useful to know as well. And yes, I understand you guys are primarily about developing tech, not creating another speculative investment. But I still would like to know where exactly you guys stand.


Thank you for your time, I understand that you guys are working hard, which is why I tried to not bug you too much. But I really hope I can get some solid answers so I can gauge where I would be standing as an investor.