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Quote from: Tuck Fheman on July 24, 2015, 10:21:17 pmEtheoreticaleumNot as much as BS 2.0 But seriously - someone needs to make ETH <-> BitUSD and ETH <-> BTS conversions tool asap (Perhaps ShapeShift). Once ETH launches there will be plenty of speculators looking for a new home. But someone needs to also advertise as a place to park profits (BitUSD).
Etheoreticaleum
Quote from: Empirical1.2 on July 24, 2015, 05:08:49 pmIs Ethereum currently being valued at $180 million? Ethercoin is an iou for 1 million Ether currently valued at $3 million & I believe there were circa 60 million Ether given out at the pre-sale. Is that correct?The people buying ethercoins at $3 or going to get destroyed.And thats if they even get their ether, which depends on trusting the ethercoin creators.
Is Ethereum currently being valued at $180 million? Ethercoin is an iou for 1 million Ether currently valued at $3 million & I believe there were circa 60 million Ether given out at the pre-sale. Is that correct?
I remember when they were released. It's by someone not associated in any way with the Etherium project. They are a promise to 1-1 exchange them for real Ether. If you look at the distribution graph he hasn't had a lot of luck selling them.https://www.cryptocoinsnews.com/ethercoin-raises-fundamental-questions-trust-altcoin-developers/
Quote from: lakerta06 on July 23, 2015, 02:03:25 pmWith under $7k daily volume (CMC) you dont even need a whale to skyrocket some coin's price.Those are only 1M shares of the supply .. and they are IOUs for real ETH .. not the real thing
With under $7k daily volume (CMC) you dont even need a whale to skyrocket some coin's price.