how many of you guys are DAObros?
>>1302998
DAO vs holding ETH?
Me.
>>1302998
I am. Very eager to know where DAO will be 1y-5yr from now.
>>1303016
DAO is backed by ETH. At any time you can exchange your DAO for ETH at the rate of 100:1.
On top of that you get a fucking sweet an innovative platform that could turn into something huge. No more DAO tokens can be created too.
>>1303069
>DAO is backed by ETH. At any time you can exchange your DAO for ETH at the rate of 100:1
Then why would I hold DAO over ETH?
>>1303097
You can arbitrage dao tokens because they are 0.93ETH/100DAOand can be converted to 1ETH/100DAO
>>1303097
Cause I bought in at .10 each and it's only going to go up.
I'm only in with like $50. I have no idea what could happen.
>>1303104
to be fair its only going up because its tied to ETH.
DAO to ETH is something like 92:1 instead of the initial presale cost of 100:1
>>1303282
Yes indeed. Buying dao is free money
>>1303103
>can be converted to 1ETH/100DAO
How?
>>1303069
It takes a long ass time to get eth back from your dao tokens tho, like 1 or 2 months.