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Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 12/05/2016, 08:13:03 UTC
i am a late comer to the ETH game, I am afraid I have missed all the hype and possible gains... what do you guys think, are there stil profits to be made with this coin? Because that's why we are here, profits...

Stop looking at the short term profits and concentrate on long term, e.g several years. If this thing ever really takes on the world, but I mean it really gets used world wide, prices of $1,000+ per 1 ETH are easily reachable.

So no, you are not late to the party in my opinion!
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Board Announcements (Altcoins)
Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain
by
zmhaha
on 10/05/2016, 09:37:22 UTC
Don't know if I understand  DAO right .Will lDAO in any way be a financing source for new projects/contrast?  

well it's hard to explain. you would have to read all the documentation found in this thread on the DAO and what it is.
but basically their gonna take your money and ... somehow make the tokens they sell us worth more... and then...
well idk, i dont fully understand it myself, but i mean it's built on ETH , that's the trademark isn't it? Grin

I've red documentation and I can't grasp it fully. The reason I've asked because I've had an outlandish vision that DAO could become a decentralised( or any other buzzword) platform as basket of indices on Wall street  Smiley I's a shame I don't get tis DAO to connect all dots .Well ,not all but at lest a bit more.

well it maybe could.  i guess absolutely anything that the words  "DECENTRALIZED AUTONOMOUS ORGANIZATION" brings to mind could be what          "the dao will do" . it's a crazy ambitious project.
for me i won't worry about what it does , ill treat the token as i do all ETH tokens, as a trading coin. cause that's all their is to do with them all FOR NOW. this will be the same, trust me you will have atleast a year to understand what the dao is, as it will be atleast that long till it actually comes to a head .

are you inv....donating to this?

in all honesty, so far i am not.
it's oversold to say the least
 there's a SHITPILE of tokens
it's looking centralized so far
and i am not a fan of having my btc locked for minimum 6+months. i will have the DAO tokens yes, but i don't wanna be forced to sell them IF btc hits  600+ ;p
so not really one for my personal portfolio


thanks. i agree with everything you've written, and there are so many variable factors that can influence the way this plays out over time. it's difficult to model/ impossible to model outcomes.

well exactly ;\

no each person should just figure out what works best for their own personal investment style and portfolio.

best of luck to you, thx for some intelligent convo! Grin

Guys, don't forget that you can get out of the DAO by splitting the DAO after the crowd funding ends, after 28 days. So essentially you are not risking a great thing. If you don't like the price when this thing launches, you just split it and get your 1 ETH for 100 DAOs. You will probably even make a buck or two since there will be people that will invest for 1.5 ETH for 100 DAOs. Of course, I can't guarantee that ETH price won't plunge as well compared to BTC.

In a sense, this is a first fair crowd funding ever in crypto. Absolutely no premine and you can get your money back (Ethers) when crowd funding completes. Don't forget a little risk that ETH price might plunge comparing to Bitcoin!

Above reasons are enough for me to give a shoot to this thing!

Good luck to us all anyways! Smiley

when the DAO sale closes buy demand for ETH will weaken and the price of ETH will fall back to its pre DAO price. anyone who bought ETH during the DAO sale to fund the purchase of DAO tokens will be looking at an immediate loss if they split. if they stay in they are nursing a paper loss for an unknown period of time with their coin locked in...and during the halving. only those who bought DAO tokens with ICO ETH can split and not lose money.

ETH was trading at $7+, and then shot up to $9+ when the DAO sale opened.

unless an investor has very deep pockets and can buy a substantial number of DAO tokens then he or she is going to find themselves a back seat passenger along for the ride with no influence over where things are going. he or she could decide to split, but at what cost (the ETH price at that time)?

I don't care since I have put 100 ETH into DAO that I bought in January when prices of 1 ETH were sub $1. Granted, this was about 2 BTCs worth of Ethereum at the moment of locking ETH for the DAO.

Furthermore, you are already assuming that the Ethereum price will go down surely around June 1st. Why are you so sure? One good piece of news in the next 3 weeks and the price can shoot up to 0.025. Then again one bad news and the price can head the other direction, but welcome to the world of investing since this would be nothing buy a pure speculation.

And another thing, I am about 98% sure that the alleged BTC halving pump will never happen. We are about 2 months from halving and the price is not moving at all. The block size consensus is at the dead lock and I am ready to bet anything that the halving is already priced in.

Disclaimer: I own a nice amount of BTC and ETH, about 50-50 ratio and I would like to see a Bitcoin halving pump, and ever since December - January I believed that this pump will happen surely, buy mate it's already May 10th. I have lost my faith of this pump, plain and simple.
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Topic
Board Announcements (Altcoins)
Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain
by
zmhaha
on 10/05/2016, 08:02:56 UTC
Don't know if I understand  DAO right .Will lDAO in any way be a financing source for new projects/contrast? 

well it's hard to explain. you would have to read all the documentation found in this thread on the DAO and what it is.
but basically their gonna take your money and ... somehow make the tokens they sell us worth more... and then...
well idk, i dont fully understand it myself, but i mean it's built on ETH , that's the trademark isn't it? Grin

I've red documentation and I can't grasp it fully. The reason I've asked because I've had an outlandish vision that DAO could become a decentralised( or any other buzzword) platform as basket of indices on Wall street  Smiley I's a shame I don't get tis DAO to connect all dots .Well ,not all but at lest a bit more.

well it maybe could.  i guess absolutely anything that the words  "DECENTRALIZED AUTONOMOUS ORGANIZATION" brings to mind could be what          "the dao will do" . it's a crazy ambitious project.
for me i won't worry about what it does , ill treat the token as i do all ETH tokens, as a trading coin. cause that's all their is to do with them all FOR NOW. this will be the same, trust me you will have atleast a year to understand what the dao is, as it will be atleast that long till it actually comes to a head .

are you inv....donating to this?

in all honesty, so far i am not.
it's oversold to say the least
 there's a SHITPILE of tokens
it's looking centralized so far
and i am not a fan of having my btc locked for minimum 6+months. i will have the DAO tokens yes, but i don't wanna be forced to sell them IF btc hits  600+ ;p
so not really one for my personal portfolio


thanks. i agree with everything you've written, and there are so many variable factors that can influence the way this plays out over time. it's difficult to model/ impossible to model outcomes.

well exactly ;\

no each person should just figure out what works best for their own personal investment style and portfolio.

best of luck to you, thx for some intelligent convo! Grin

Guys, don't forget that you can get out of the DAO by splitting the DAO after the crowd funding ends, after 28 days. So essentially you are not risking a great thing. If you don't like the price when this thing launches, you just split it and get your 1 ETH for 100 DAOs. You will probably even make a buck or two since there will be people that will invest for 1.5 ETH for 100 DAOs. Of course, I can't guarantee that ETH price won't plunge as well compared to BTC.

In a sense, this is a first fair crowd funding ever in crypto. Absolutely no premine and you can get your money back (Ethers) when crowd funding completes. Don't forget a little risk that ETH price might plunge comparing to Bitcoin!

Above reasons are enough for me to give a shoot to this thing!

Good luck to us all anyways! Smiley
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Topic
Board Announcements (Altcoins)
Re: [ANN][DigixDAO] Crowdsale campaign start
by
zmhaha
on 07/05/2016, 13:14:16 UTC
What was the ICO price of 1 token?

Thanks

around $4

So about 3 time increase! I wonder can The DAO do the same thing!!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 07/05/2016, 13:12:32 UTC
What wallet do you recommend for me for etherum?

Mist mate!
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Topic
Board Announcements (Altcoins)
Re: [ANN][DigixDAO] Crowdsale campaign start
by
zmhaha
on 07/05/2016, 08:40:01 UTC
What was the ICO price of 1 token?

Thanks
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Topic
Board Announcements (Altcoins)
Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain
by
zmhaha
on 05/05/2016, 06:42:45 UTC
At this rate for 2 or 3 days will be the end of the presale  Cheesy
170.66 M
DAO TOKENS CREATED

What you talking about? I tought there is no amount limit

I think it will be close to 500m, but that will deflate over time as many DAO holders will burn their tokens back to ETH so we'll never know how many DAOs will ever be, it's all speculation. It could go back to zero in theory right?

So you will be basically able to go back to ETH anytime you want, right?

Also if we decide to go back to ETH, would the price be 100 DAOs for 1 ETH or the price would be whatever current price on the market is?

Thanks for shading some light on these unknowns guys!
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Topic
Board Announcements (Altcoins)
Re: [ANN][slock.it][Crowdfund][DAO] IoT meets blockchain
by
zmhaha
on 04/05/2016, 21:05:19 UTC
I am looking to invest into DAO and I risk to ask a really dumb question, but I will ask it anyways.

I see that in the description of the DAO, it stands that people that are not OK with the propositions and voting can decide to ask for their Ethers back. Does this mean we would get the same 1 ETH for 100 DAOs like during the ICO?

Or have I missed something?
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Topic
Board Currency exchange
Re: Buying 0.01 BTCs, paying 5€ PayPal!
by
zmhaha
on 30/04/2016, 21:04:59 UTC
Deal done, closing the thread! Thanks to Carlo!!
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Topic
Board Currency exchange
Re: Buying 0.01 BTCs, paying 5€ PayPal!
by
zmhaha
on 30/04/2016, 20:46:03 UTC
Hello

I don't want to imagine a 5euro scamming from a Sr. Member lol Smiley

I can do it for you, pm me

Thanks mate, I just PMed you!
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Topic
Board Currency exchange
Buying 0.01 BTCs, paying 5€ PayPal!
by
zmhaha
on 30/04/2016, 19:24:44 UTC
Hey guys, title says it all. I am in a need of small amount and I am looking to do this tonight. This account is of course a vouch that I won't chargeback. Thanks
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Board Services
Re: ❃❃ ▶▷ BETCOIN.ag ◁◀ ❃❃#Signature Campaign-High Pay, Monthly Bonus, Special Award
by
zmhaha
on 22/04/2016, 12:45:26 UTC
Hello,

I would like to join the campaign together with avatar bonus. Please let me know if i am accepted.

Thanks.
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Topic
Board Services
Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign
by
zmhaha
on 22/04/2016, 12:40:17 UTC
So am I understanding this right that soon there will be new member openings?

Thanks
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 13/04/2016, 06:20:02 UTC
i've been in crypto since late 2013 and it's always the same, no matter what great devs,great communities,great features a coin has. crypto has and will be for a long time yet been just a way to make quick money. blackcoin, dash, digibyte, ethereum ect ect. all great coins but people will always mine or buy and then dump when the price rises. i'm not sure what can be done to encourage people to keep their coins. all the time it's the same, pump/dump, pump/dump then move to the next coin and so on. i hate that way of crypto

What do you expect from a little market with no regulation at all?! Just give it time. As the whole crypto market grows, this will be less and less possible. But yes, this will take some time of course!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 13/04/2016, 06:14:45 UTC
I am new to ETH so I will try to be respectful of those who are supportive of it.  However, if I may suggest a few points?

I have no programming experience but I have had wallets get stuck in the past and ETH wallet was the same.  All I had to do is stop and start the wallet a few times and finally loaded all the blocks.  I have had the wallet running for 2 months and have not had one problem.  I am using GETH.
me too
it took a week on my old pc just 4 gb ram
had to restart a lot of times
now on my new one with a high speed drive it synced in half a day
had to restart it few times
since then it runs


Exactly this! People don't realize that their sync times depend completely of their hardware and connection speed. My 7 year old laptop with 2gb of RAM took a week to sync with constant crashes. I have just gotten new Aspire Nitro, 8gb of RAM and powerful quad core. I have synced whole 1,3M blocks in less than 10 hours without any crashes and doing all of this over WIFI, not even connecting LAN.

The only problem you can encounter with ETH wallet is time synchronization problem which is easily fixable by changing time servers where your date and time is updated. Everything else depends on your hardware and connection speeds. And it's the same with any other wallet out there, even Bitcoin Core.

Cheers!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Athereum: Welcome to the Beginning
by
zmhaha
on 01/04/2016, 19:47:32 UTC
I know they have talked about changing Ethereums emission curve. What are the latest numbers?
Are there 5 every 17 seconds being made?
Any info/links appreciated.

There are too many sayings about the emission curve. I like the original one, which is PoW all the time and 18 million new coins every year.

You can like it as much as you want but this ain't gonna happen. Total supply in the end will be between 90-100 million, depending on when will Casper come alive and with small or none inflation rate.
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 23/03/2016, 13:10:28 UTC
It has been asked probably numerous times, but what's the easiest way to check my computer's time and where to check it. Also how do I sync the time in the easiest way? My client has been stuck and it's not updating.
If you are using Windows, select the clock, change time date and settings, Internet time, Change settings, (select server) update now.

Thanks, yes I am on Windows. Which server should I choose?
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 23/03/2016, 13:01:34 UTC
It has been asked probably numerous times, but what's the easiest way to check my computer's time and where to check it. Also how do I sync the time in the easiest way? My client has been stuck and it's not updating.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 21/03/2016, 19:24:41 UTC
What and idiot I was...for not believing in this... Undecided

I don't think you are an idiot. It's still not late, moreover it's very early to grab a piece of Ethereum pie. If this is headed where we all suspect it's headed, this is still a great time to get in.

Price seems too high compared to the very beginning...but you could be right

The price is always too high compared to the beginning. If it were any different, people wouldn't be interested in the crypto. LOL.

Exactly this. Smiley You know, at one moment in history 1 Btc was under a dollar. Then it shot up above $10 at one moment. I bet there was bunch of people thinking they are late to the party as well. Look at it now at $400 or when it even touched $1200. You need to keep things in perspective!
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Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
zmhaha
on 21/03/2016, 13:19:18 UTC
What and idiot I was...for not believing in this... Undecided

I don't think you are an idiot. It's still not late, moreover it's very early to grab a piece of Ethereum pie. If this is headed where we all suspect it's headed, this is still a great time to get in.