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Topic: [REP] Augur speculation - page 7. (Read 18367 times)

legendary
Activity: 2156
Merit: 1131
October 13, 2016, 10:34:43 AM
#69
Satoshi created Bitcoin alone.

Oh come on...  Roll Eyes

legendary
Activity: 1778
Merit: 1043
#Free market
October 13, 2016, 07:20:13 AM
#68
@redsn0w. Who do you think is doing all this selling? There was millions in $ terms that was dumped in the different exchanges and I am wondering which individuals have such a high amount of REP. I am now quite aware that all ICO funds collected are not all from the individuals in the community but most of them are from insiders and the friends of the founders.

Could this mean that the insiders and the friends of the founders are doing all the dumping?

I really don't know, all the ico investors are in profit now ... somone is dumping, someone else is holding.



I guess it has already reached the lowest point, so in next 2-3 months we will see the growth


I hope the same thing, today I bought some REP.
hero member
Activity: 604
Merit: 500
October 13, 2016, 04:03:00 AM
#67
I guess it has already reached the lowest point, so in next 2-3 months we will see the growth
legendary
Activity: 3010
Merit: 1460
October 12, 2016, 11:27:36 PM
#66
@redsn0w. Who do you think is doing all this selling? There was millions in $ terms that was dumped in the different exchanges and I am wondering which individuals have such a high amount of REP. I am now quite aware that all ICO funds collected are not all from the individuals in the community but most of them are from insiders and the friends of the founders.

Could this mean that the insiders and the friends of the founders are doing all the dumping?
legendary
Activity: 1778
Merit: 1043
#Free market
October 12, 2016, 11:19:41 AM
#65
One thing I've noticed with new altcoins is the initial pump and dump. If you didn't sell during the pump, just try to sell at a good price... e.g ETC just keeps falling.


It's normal but I think REP value/price will be high in the next months, maybe after the launch of the platform. We should also keep in mind that there is only 11M of tokens (low supply) and in a lot of case a low supply = high price (in the long term).
full member
Activity: 238
Merit: 100
October 12, 2016, 07:32:57 AM
#64
One thing I've noticed with new altcoins is the initial pump and dump. If you didn't sell during the pump, just try to sell at a good price... e.g ETC just keeps falling.
member
Activity: 71
Merit: 10
Altcoin - Market Maker
October 11, 2016, 10:05:56 AM
#63
support 0.0094 working well.

I hope a upside to 0.012


Bitcoin up altcoins down, this is how it works.     

Accumulation is the right thing to do right now.     

Accumulate bitcoin you mean ?  Huh Wink

Now 0.01013.

I still waiting hit 0.012.
legendary
Activity: 1442
Merit: 1016
October 11, 2016, 07:09:35 AM
#62
support 0.0094 working well.

I hope a upside to 0.012


Bitcoin up altcoins down, this is how it works.     

Accumulation is the right thing to do right now.     


Augur will continue plummeting.
Never try to catch a falling knife!
But if you have money to burn, go ahead and do what ever you want.
Good luck!
hero member
Activity: 560
Merit: 501
October 11, 2016, 06:32:19 AM
#61
support 0.0094 working well.

I hope a upside to 0.012


Bitcoin up altcoins down, this is how it works.     

Accumulation is the right thing to do right now.     

Accumulate bitcoin you mean ?  Huh Wink
full member
Activity: 189
Merit: 100
October 11, 2016, 05:48:41 AM
#60
support 0.0094 working well.

I hope a upside to 0.012


Bitcoin up altcoins down, this is how it works.     

Accumulation is the right thing to do right now.     
member
Activity: 71
Merit: 10
Altcoin - Market Maker
October 11, 2016, 12:43:31 AM
#59
support 0.0094 working well.

I hope a upside to 0.012
hero member
Activity: 910
Merit: 1000
Decentralized Jihad
October 10, 2016, 04:43:33 PM
#58
Why the Augur team thought they needed to launch REP for trading now I have no idea. Given the actual product won't launch until next year sometime and until then the token has essentially zero value, the price is going to bleed down to 0.002 or so in no time. What a CF.
They needed to launch trading a token because they don't have anything else to show.
I was enthusiastic about this project but until now it's a big (bad) joke.
I would hardly say they don't have anything to show. They have a coinless beta you can register for and try out. They launched the token now for a number of reasons. Among them:It was ready. Some investors wanted greater liquidity. There was demand from people who missed the ICO. Gatecoin trading was cumbersome and limited. I'm not involved other than my REP holdings. And who knows, they may fall on their face. But there is clearly quite a bit done and progress seems to be steady. Given what they are trying to do (which is much more than gnosis) I don't think you can meaningfully criticize the work.

Only one dev pushing on github right now, one dev ...for a 5.2 million dollars project.
No testers (that we can see).
https://github.com/AugurProject/augur-core/commits/develop
I hope the only Augur dev is better than all theDAO devs.

I don't criticize his work, I'm criticizing the project management.

I still love the idea of the project and I hope more people will get involved.
So what? Satoshi created Bitcoin alone. You should also consider that the project is almost done. It just needs some improvements, refactoring, etc. And 5M USD for a crypto-statrup is not really much... Ethereum, Waves collected much more for instance.
legendary
Activity: 2156
Merit: 1131
October 10, 2016, 03:09:42 PM
#57
Why the Augur team thought they needed to launch REP for trading now I have no idea. Given the actual product won't launch until next year sometime and until then the token has essentially zero value, the price is going to bleed down to 0.002 or so in no time. What a CF.
They needed to launch trading a token because they don't have anything else to show.
I was enthusiastic about this project but until now it's a big (bad) joke.
I would hardly say they don't have anything to show. They have a coinless beta you can register for and try out. They launched the token now for a number of reasons. Among them:It was ready. Some investors wanted greater liquidity. There was demand from people who missed the ICO. Gatecoin trading was cumbersome and limited. I'm not involved other than my REP holdings. And who knows, they may fall on their face. But there is clearly quite a bit done and progress seems to be steady. Given what they are trying to do (which is much more than gnosis) I don't think you can meaningfully criticize the work.

Only one dev pushing on github right now, one dev ...for a 5.2 million dollars project.
No testers (that we can see).
https://github.com/AugurProject/augur-core/commits/develop
I hope the only Augur dev is better than all theDAO devs.

I don't criticize his work, I'm criticizing the project management.

I still love the idea of the project and I hope more people will get involved.
sr. member
Activity: 476
Merit: 250
October 10, 2016, 02:13:54 PM
#56
I think it is in stable position then moon!
full member
Activity: 126
Merit: 100
October 10, 2016, 11:00:38 AM
#55
I haven't been following Augur during the development period. I only got aware of Auger when I noticed some exchanges would start listing it. When I first saw it on coinmarketcap, I was blown away with the figures I saw. I may take a look into this project, but it may seem to go through all the development first. Smiley

sr. member
Activity: 504
Merit: 250
October 10, 2016, 10:09:15 AM
#54
Why the Augur team thought they needed to launch REP for trading now I have no idea. Given the actual product won't launch until next year sometime and until then the token has essentially zero value, the price is going to bleed down to 0.002 or so in no time. What a CF.

1st post. Sure seems you had an important analysis to post. Oh, dammit. I was wrong.
sr. member
Activity: 403
Merit: 250
October 09, 2016, 01:32:07 PM
#53
one question, when will the official platform be available?

Thanks!


About the platform launch:

Quote
There's about 6 weeks of iteration left on improving trading and polishing up some things on the backend surrounding security before it'll be ready for _audits_.  After that it's less predictable as who knows what those will find.  The idea is to then launch bounty programs, and then after that eventually launch with one market which is a security market "Will the funds in this market be stolen?" with the idea that there _probably_ will be / using a PM to predict security issues and provide extra incentive to find them.  Then we'll keep iterating on it and eventually launch the ability to add multiple markets with withdrawal time limits and whitelisted keys to update stuff quickly in case an issue is found.  Then slowly the training wheels would be removed (edited)

By Joey Krug

I doubt this is useful, bettors will bet on casinos or sportsbooks, will not play there, unless they make a sports betting exchange, to be crypto betfair.
full member
Activity: 189
Merit: 100
October 09, 2016, 12:23:51 PM
#52
one question, when will the official platform be available?

Thanks!


About the platform launch:

Quote
There's about 6 weeks of iteration left on improving trading and polishing up some things on the backend surrounding security before it'll be ready for _audits_.  After that it's less predictable as who knows what those will find.  The idea is to then launch bounty programs, and then after that eventually launch with one market which is a security market "Will the funds in this market be stolen?" with the idea that there _probably_ will be / using a PM to predict security issues and provide extra incentive to find them.  Then we'll keep iterating on it and eventually launch the ability to add multiple markets with withdrawal time limits and whitelisted keys to update stuff quickly in case an issue is found.  Then slowly the training wheels would be removed (edited)

By Joey Krug
hero member
Activity: 1568
Merit: 511
October 09, 2016, 12:19:41 PM
#51
one question, when will the official platform be available?

Thanks!
hero member
Activity: 910
Merit: 1000
Decentralized Jihad
October 09, 2016, 11:53:01 AM
#50
It's coming... Get in ASAP.
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