Post
Topic
Board Altcoin Discussion
Re: well, ether sale has started.
by
Swordsoffreedom
on 23/07/2014, 07:58:01 UTC

what is his motivation of doing this? - It makes not too much sense, if ether only sees an inflation of 28% per year and the ipo buyers probably will not sell below initial price

You know Mircea
Well perhaps not it but pretty much MP loves to point out the weaknesses in Bitcoin securities and tout Mpex but Mircea is pretty much saying Ethereum is seriously over valued and is willing to bet a futures contract on it.

In other words give me 1 BTC now I'll deliver these many coins for you next year and am presently offering a better exchange rate than Ethereum.
(MP) thinks that they can make a lot more Bitcoins than the true value of etherum will be at that date in the future.

@ Yes I think that Romanian would deliver and hold up their end of the deal in a year lol.

That said maidsafe is close to market again
https://bitcointalk.org/index.php?topic=579797.0
https://poloniex.com/exchange/btc_maid

AT IPO 17000 = 1 BTC
0.00004893 * 17000 = 0.83181