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=579797.0https://poloniex.com/exchange/btc_maidAT IPO 17000 = 1 BTC
0.00004893 * 17000 = 0.83181
these guys will easily get 20k+ BTC. that is good for us. more btc off the tables...
what the hell does that even meanwhether it goes up or down really doesn't matter unless you want to speculate on increasing your btc position 8 months from now
absolute geniusit validates that a company can raise 10's of millions using BTC, and will use BTC to essentially fund its operation.
more genius analysisit has some young, smart dorky guy (sorry Vitalik) who looks a lot better than some fat fuck who can't even run a magic card exchange and some other person who was dumb enough to put out assassination contracts with under cover FBI agents...
this dude might change the world, and you're just an assclown anyway i might throw in 0.5 btc for the hell of it, who knows maybe Mircea will get short squeezed and i can 10x that into 5 btc.
hypocrite