I have been thinking about investing in ethereum.. what are peoples thoughts? I know that they just dumped a shitload of coins, but i think mastercoin is basically their competition.. What are some of your thoughts on ehtereum?
I wouldn't do it personally, I'd just wait for Peter R to release Aethereum

Any cryptocurrency that is essentially one huge IPO is likely a "get quick rich" scam by the creators IMO. Look at bitcoin and litecoin...did they require any IPO at all? Nope. How about every scam coin out there, did they have IPO's or massive pre-mines? you bet.