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Easiest Path to Riches on the Web? An Initial Coin Offering

nytimes.com

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Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#301

Post by pikzen »

dang wrote: post #296
pikzen wrote: post #143

>the inability to control people. What's horrifying is people thinking like that. We live in societies with rules, with laws that we have agreed upon, and are, for the most part, fair. These same laws and this same governement protects you, gives you at least some basic services. And you're advocating for not holding up your end of the bargain, and removing one big part of the punishment for not holding it up. To peo…

We detached this subthread from https://news.ycombinator.com/item?id=14633228 and marked it off-topic. Please see my reply to you downthread about flamewars. They're most unwanted here, we've asked you before to refrain, and if you keep doing it we'll end up having to ban you.

¯\_(ツ)_/¯

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#302

Post by atomical »

pmorici wrote: post #290
atomical wrote: post #285

Earlier quoted context omitted.

It wastes energy compared to POS (Proof of Stake).

Is there a working implementation of POS yet?

It will likely happen this year with Tezos. Ethereum will eventually use POS as well.

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#303

Post by carapace »

dang wrote: post #292
carapace wrote: post #271

Ahahahahhaha.. Oh wait, you're serious. AHAHAHAHAHHAHAHAHAHAHHA ahhahahha ha. Seriously though, "government" is the attempt to manage human wickedness. It's a "not quite possible solution to a not quite solvable problem." Gandhi said (I'm paraphrasing) that we cannot make a system so good that it relieves the people in it from the effort and duty to be good. Good neighbors, good citizens, good people. In the Tao Te C…

> Ahahahahhaha.. Oh wait, you're serious. AHAHAHAHAHHAHAHAHAHAHHA ahhahahha ha This sort of uncivil gunk will get you banned here, so please don't do it again. We detached this comment from https://news.ycombinator.com/item?id=14634638 and marked it off-topic.

Sorry about that. It was meant humorously but I can understand that it wasn't a good contribution.

I respect greatly the work you do here and I apologize for being "part of the problem".

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#305

Post by dang »

carapace wrote: post #303
dang wrote: post #292

Earlier quoted context omitted.

> Ahahahahhaha.. Oh wait, you're serious. AHAHAHAHAHHAHAHAHAHAHHA ahhahahha ha This sort of uncivil gunk will get you banned here, so please don't do it again. We detached this comment from https://news.ycombinator.com/item?id=14634638 and marked it off-topic.

Sorry about that. It was meant humorously but I can understand that it wasn't a good contribution. I respect greatly the work you do here and I apologize for being "part of the problem".

Only a minuscule part and you more than made up for it :)

(Also, I'm afraid I was a bit grouchy when I posted that.)

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#306

Post by equityloan »

Zigurd wrote: post #237
equityloan wrote: post #164

So these ICOs are currently legal? In that case, is it legal to have an ICO for shares in an existing private company? I am imagining the following scenario: Someone has some vested shares in a startup. They send proof of their shares to some administrators of this hypothetical service. The shares are then listed on the website. Someone browses the website and decides that they like the company, and they want to inve…

There are investors who will lend you money secured by your currently illiquid assets, such as share options. What you propose would be nearly identical in effect.

I would be very interested to meet one of these investors. If anyone reads this and would be interested, my email is in my profile.

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#307

Post by carapace »

dang wrote: post #305
carapace wrote: post #303

Earlier quoted context omitted.

Sorry about that. It was meant humorously but I can understand that it wasn't a good contribution. I respect greatly the work you do here and I apologize for being "part of the problem".

Only a minuscule part and you more than made up for it :) (Also, I'm afraid I was a bit grouchy when I posted that.)

Cheers, man, well met. :) I'll admit, I was a bit grouchy too. Thinking about it now, you weren't wrong to call me on it. The tone of HN is important and I'm capable of being civil while disagreeing. (And I can always vent spleen on twitter. heh)

So thank you. You do great work and like I said, I really appreciate it.

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#309

Post by bluetwo »

yorwba wrote: post #145
douche wrote: post #80

Earlier quoted context omitted.

I would not terribly surprised... I already have an Amazon Chase credit card that gives me significantly more cash back for Amazon purchases. I don't think Amazon is planning on a standing army or navy yet, however

Armies and navies are the past, drone fleets are the future.

Amazon literally has a patent on drone fleets.

Re: Easiest Path to Riches on the Web? An Initial Coin Offering

#310

Post by afeezaziz »

Cakez0r wrote: post #181
afeezaziz wrote: post #68

Earlier quoted context omitted.

I agree with this sentiment. The sentiment on HN is that ICO promoters/startups are all scammer. My company, Pipeline Network is going to launch our ICO soon. We would be more than happy to get some guide/mentorship from the YC community.

What will your token be used for?

We are attempting to use it to enable P2P trade of electricity, without fiat money exchanged at the energy trade level although fiat money should can be exchanged at the coin level.
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