[REP] Augur speculation

[allonething]

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.

[superresistant]

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.

[Swimmer63]

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.

[-Greed-]

Downtrend + broken triangle = we are going down. But it shouldn't last long.

Well, it's over. Expect a break up and then a slow and steady rise.

[nindie]

REP ICO participants with ETH buy-ins have incured losses. BTC investors can take profit.

why diference, price buy use ETH and price but use bitcoin is same
but result this difference you can explain about that

[MaddestScientist]

Impressive 1500BTC+ sell wall @ 0.0114 on Poloniex 

[puremage111]

Impressive 1500BTC+ sell wall @ 0.0114 on Poloniex 

omg serious? 1500 BTC sell wall, that guy is holding 132k augur holy shet

[MaddestScientist]

Sell wall retreated ...

Perhaps the whale is giving some signals 

Impressive 1500BTC+ sell wall @ 0.0114 on Poloniex 

omg serious? 1500 BTC sell wall, that guy is holding 132k augur holy shet

[sandiman]

Sell wall retreated ...

Perhaps the whale is giving some signals 

Impressive 1500BTC+ sell wall @ 0.0114 on Poloniex 

omg serious? 1500 BTC sell wall, that guy is holding 132k augur holy shet

Watching the limit order book is a losing game ... 

[-Greed-]

It's coming... Get in ASAP.

[puremage111]

one question, when will the official platform be available?

Thanks!

[mashcom]

one question, when will the official platform be available?

Thanks!

About the platform launch:

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

[DimiZb]

one question, when will the official platform be available?

Thanks!

About the platform launch:

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.

[IOTUSA]

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.

[Johnyloco]

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.

[Bobo81]

I think it is in stable position then moon!

[superresistant]

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.

[-Greed-]

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.

[overlordX]

support 0.0094 working well.

I hope a upside to 0.012

[mashcom]

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.