So one thing that needs to be asked, are you going to help out the people in your country? Are you going to be giving back to your people?

What are you doing to benefit Venezuela other than attempting to enrich yourself?

You all need to realize they ICO'd right before the big ETH drop.

Them giving you a tiny amount of ETH does not compare to how much money they made off of this ETH pump.

But don't worry, you'll lose more money from the ETH drop than you'll make off of the free coin.

This was a marketing ploy to sell their ETH from the ICO.

But you'll lose a lot more money from the ETH price dropping. All their doing is trying to unload their ETH, last time I did the math you'll be gaining 28 cents for every ETH you own.

So they can unload 25 million worth of ETH.

This team is absolutely brilliant. They raised $25 million, but guess when they raised it. Right before the huge sell off in ETH.

Giving out x amount of OMG isn't going to make up for the amount of money you're going to lose with ETH. Even more so when people dump the free OMG.

I understand what happened, and I understand why the market decided to revalue the company. Unfortunately there was some shareholder negligence going on that killed the price.

Ohad is a smart guy, but he needs someone else entirely to run speaking to the public all together. Preferably someone that can post and cause the token to drop significantly after he posts.

Either way, best of luck to all here.

As I intended to avoid a response. I think she should do a little bit more research on this topic. It's a lot more technical than she thinks. She may want to consult with a securities attorney for advice.

Either way, you failed your fiduciary responsibility to your shareholders. And Dana failed to disclose her financial interest within her post. Which is a huge no-no. Dana needs to do some investigating on this topic. Will save her from being held accountable in the future.

Either way water under the bridge. Just be cautious going forward. Like I said previously best of luck.

I was dedicated to helping his fiduciary duty be carried out. Obviously it would have helped me.

Which hurting and not caring about your own market value is the complete opposite of fiduciary responsibility.

Dana failed to disclose her financial interests in her pumping post. Which is a no-no.

If no one else wants to come forward with their losses I won't pursue it.

In the long run I wish the team the best, I hope he is able to achieve the goals he is pursuing.

Just complete negligence towards shareholders will only harm the company going forward.

I sold all I had and it took a while. I didn't want to send the price into a panic selling all at once.

Either way moving on. Best of luck here.

What is everyones losses here? I'm trying to figure out the dollar amount lost because of Dana Edwards and Ohads market manipulation.

I and a few others are already setting up a meeting for next week, we just need a dollar amount of whats been lost so far.

Please message me your dollar amount lost so I will have rough number to give.

https://steemit.com/tauchain/@dana-edwards/how-to-become-a-stakeholder-in-agoras-and-indirectly-tauchain

https://steemit.com/tauchain/@dana-edwards/last-chance-to-get-cheap-agoras-tauchain-before-the-july-1st-price-increase

No disclosure for the newer link? Interesting.

Let me do some studying on everything tonight, and I will join you on IRC tomorrow. Then I will have you something in the next couple of days to review.

I am not involved with this project in anyway, however I do hold a large position that keeps growing. I keep adding on the dips. And I will not be selling for quite some time, I feel the project is worth at least $3 a token as of right now. And I advise others to not accept anything less either. Unless you only want to make a small amount after fees. Think about the real possibilities that are here. You sell for pennies now, and have to buy back in later at a higher price.

If ohad needs any help with the writing of the white paper I will be more than happy to do it for him. Or at least translating it into words investors want to hear. I will send him something in a couple of days that would be considered a white paper for this project. Whether he chooses to use it or expand on it change it in anyway will be up to him. I know he doesn't need the help, and probably doesn't want it. But I will send it to him either way, and if he wants to edit it and let me re-edit it that's fine too.

I'm willing to assist in anyway to protect and grow my investment.

He answered yes a few pages ago. Timeline is 2017

Unfortunately there is over 100 pages so 100% due diligence is hard to do.

But thanks for the clarification, now I have my first long term position.

For anyone with open sell orders, you heard the man. Don't settle for peanuts.

Thank you, that is what we needed to hear. Since I'm assuming English isn't your first language the message has become lost in translation.

The only thing people needed to know is you don't have to raise anymore money. You don't want to raise any more money.

That's all we needed to hear.

Ohad do you believe the current value on the open market is lower than it should be?

As long you are believer that the valuation is low for the future, I will keep buying more.


And people should realize that there is a big difference in a correction and consolidation.

If ohad agrees the valuation is currently to low for what he is building this is just a consolidation period in the market. If he feels like the price right now is a fair valuation then this is indeed a correction. Because the price has corrected back to it's real value. Imo this has been a consolidation period since Bitcoin traders took their weekend profits. Chart has made new support levels which is healthy in trading. RSI is still saying it's oversold.

As much as I really want to believe you it's hard. Mainly because if you were helping you would have had him do a better job on his PR yesterday.

I offered to write his PR for him, I rewrote it and sent it to him to repost.

All he needs to do is try to comfort the market. He has yet to do that, or try.

This is what I sent him and what the community really needed to hear.

Please not the following is what I rewrote hoping ohad would post to comfort investors. I'm sure everyone will agree this is what we needed to hear.


As promised, following is the status, some discussion, and decisions:

1. We currently have $2m pending on the tentative sale address. Add to that some more funds i got in alts, is worth around 100btc.

2. We saw a great amount of demand when we were selling tokens, we originally planned to only sell 50%. The demand was incredibly strong, so we sold 60%. That is aside from the tentative sale, we came to the decision to dedicate somewhere between 3m to 4.2m tokens to the tentatives. We are hoping to only sell the 3m, but if we see the same amount of demand we are willing to go to 4.2m.

3. June's price was around 16-37 cents, depends on amounts and lock/unlock.

4. Current market price is  82c.

5. For unlocked tokens,  it seems reasonable to distribute 3m tokens for $2m, i.e. 66c a token.

6. locked tokens will be receiving a discount, beyond the normal 15%, on this case. We will be doing a discount to help you buy more towards June's prices.

7. We are suggesting that we do two rounds:
        A. Anyone that is interested in an immediate refund, can ask for it now.
        b. For everyone interested in locked tokens, let me know. But be warned if the demand is just as strong in the worst case, we'll lock your tokens afterwards.
        c. In several hours from now, I will send to the remaining tentative buyers the unlocked tokens according to 66c cents (and corresponding btc refunds).
        d. After we know the amount of money interested in locked tokens, we can offer a price in June's range, with limited supply. The whole over-60% sale will not exceed 4.2m tokens whatsoever (namely a refund will take place accordingly).

8. We are diligently working on a white paper, and we are working hard on the other questions that are commonly asked. It is in everyones best interests that we get this right the first time. This is not just for us, this is for you also. But we are working hard on getting everything accomplished as soon as we can. We have been taught that is better to give you a distant time, and surprise you earlier. We do not want to give a timeline on this because if we reach some sort of roadblock, we do not want to disappoint. So I assure everyone that we will be doing all that we can to keep moving forward.


Thanks for being apart of the future, and we look forward to you taking this journey with us.

If this touches 20, he's going to have to sell more. I own 20k and am about to add another 5k. I will be forced to liquidate at 20. I know a couple of other people hold more and a little less than I that are going to be doing the same thing.

So in all honesty I wouldn't lock in a price yet. This may get a lot cheaper than you think.

US tax laws keep me from selling. They are reported first in first out. My first large amount was bought well above the current price. If I sell now I won't be able to write off the loss from that because of profit from my buying the dip habits. Which is FIFO.

If I can get a solid commitment I will not be selling just because I'm profitable.

I'm not asking for a time line or date. I am simply asking that instead of a bonus token gift, would he do a buy back of any size.

Bonus tokens will make the value of EVERYONES holdings go down. There will be a much larger supply of coins unleashed, and no one should accept dilution, or want dilution!

I'm not sure if you just don't understand the concept of why what I'm proposing will do more for us.

The reason is simple, it's that he believes that this is undervalued. If he doesn't believe it's undervalued than is it worth holding?

I'm just asking about in the future would he be willing to buy some back. Of any size. If he is willing to commit to doing that in the future that is a HUGE catalyst for us all.

How about buying back tokens instead of giving us a bonus token. Bonus token will only cause dilution in value. Which is something NO ONE WANTS.

If you commit to buying back some coins instead of the bonus, I will buy another 10k. As I see true value in you buying shares, I see absolutely zero value in my position size getting bigger and it becoming worth less.

I believe in you and your tech. I'm fine with you raising money, I don't want to be down rounded or diluted. I'm willing to pay more because the product is becoming worth more.

Also I don't want everyone to get a bonus amount of tokens and start dumping them.

So would you be willing to buy back some of your tokens in the future?  It will help us all realize that there is true value here. Even the people who quit believing in you will have their minds changed.

Ohad where do you stand on buying some tokens back in the future?

It will give us investors a sign that you believe the current value is low if you're willing to buy some back. Which alone will be a huge catalyst for us to buy more.