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Author Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network  (Read 258509 times)
johny08
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August 13, 2015, 05:49:03 PM
 #161

Dear Friends,


Please note that there are many unsold coins (+90%) and we keep selling through the exchange, so expect a high supply of coins for now. Before the final Agoras coins will go out, we will destroy all unsold coins (as promised long ago), and the trade will "get to normal" without massive amount of coins being sold by us.


game theory saying buying the coins before they are sold out or short before the final Agoras coins will go out.

when is this time frame, so we can make a fair game
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August 13, 2015, 07:26:33 PM
 #162

Thanks for the replies Ohad.
you started in FEB, so price would be just under 60% higher by adding 2% on the initial cost weekly. Higher still if you added 2% to the weekly cost each week. since only 10% sold I'd imagine now is still a great time to get in, will post again when I do Smiley

$MAID & $BTC other than that some short hodls and some long held garbage.
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August 14, 2015, 06:13:21 AM
 #163

Hi, I just found about this project today. This is definitively very interesting and as I am considering throwing a couple of btc into it, I am wondering if there is somewhere where I can monitor the current state of the presale, in real time or close to it? Specifically I'd like to be able see exactly how many coins are already sold at any given point in time.

Thanks
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August 14, 2015, 08:45:57 AM
 #164

Hi, I just found about this project today. This is definitively very interesting and as I am considering throwing a couple of btc into it, I am wondering if there is somewhere where I can monitor the current state of the presale, in real time or close to it? Specifically I'd like to be able see exactly how many coins are already sold at any given point in time.

Thanks

you can view the asset distribution with any omni explorer

Tau-Chain & Agoras
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August 14, 2015, 09:25:38 AM
 #165

Sorry for the probably stupid question, but I don't know what an omni explorer is. Can someone explain how to do this? At least provide a link please?
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August 14, 2015, 09:32:38 AM
 #166

Sorry for the probably stupid question, but I don't know what an omni explorer is. Can someone explain how to do this? At least provide a link please?

http://omnichest.info/lookupsp.aspx?sp=35

Tau-Chain & Agoras
Djinou94
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August 14, 2015, 10:21:32 AM
 #167

60k per coin? Why is so expensive?
How many have been sold now?
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August 14, 2015, 02:03:11 PM
 #168

Sorry for the probably stupid question, but I don't know what an omni explorer is. Can someone explain how to do this? At least provide a link please?
http://omnichest.info/lookupsp.aspx?sp=35

Is the 0.0006btc/msctau the official sales price?

What is SPT in the Omnichest? You token is called msctau in Masterxchagne? Is SPT same as masctau?

Do I need to buy maidsafecoins to use and make transactions in Masterxchange?
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August 14, 2015, 02:15:43 PM
 #169

Is the 0.0006btc/msctau the official sales price?

Yes, as published here in February, see a few comments above for a link.

What is SPT in the Omnichest? You token is called msctau in Masterxchagne? Is SPT same as masctau?

SPT means Smart Property Token afaik. Indeed I notice that MasterXchange doesn't show information linking what's called there msctau to mastercoin smart property #35 (the unique id over omni identifies our coin), unless you go under Balances and see a link to our website.
Still, of course, there is only one coin, though some disambiguity in naming between sites.

Do I need to buy maidsafecoins to use and make transactions in Masterxchange?

Not at all. Bitcoins are fine too.

Tau-Chain & Agoras
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August 14, 2015, 03:16:15 PM
 #170

All unsold coins will be destroyed upon the real coins' genesis. Therefore, if say half is destroyed, whoever bought before that will get twice in percents of total coins as if all coins were sold.

Is there an ETA for the launch of the real genesis?
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August 14, 2015, 03:19:00 PM
 #171

All unsold coins will be destroyed upon the real coins' genesis. Therefore, if say half is destroyed, whoever bought before that will get twice in percents of total coins as if all coins were sold.

Is there an ETA for the launch of the real genesis?

I'd say several months (not a few months)

Tau-Chain & Agoras
John_Paul
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August 14, 2015, 03:32:17 PM
 #172

I'd say several months (not a few months)

Thanks! Do you have some information about the developers?
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August 14, 2015, 03:35:18 PM
 #173

I'd say several months (not a few months)

Thanks! Do you have some information about the developers?

You can check out my LinkedIn profile https://www.linkedin.com/in/ohadasor
I'm the only main dev but there are a few more who contribute side features and prefer keeping it anonymous for now, still, everything is under my sole respoisibility.

Tau-Chain & Agoras
kjn311
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August 14, 2015, 03:45:09 PM
 #174

I bought Agoras coin using the other method through counterwallet. My coins still good?
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August 14, 2015, 03:50:10 PM
 #175

I bought Agoras coin using the other method through counterwallet. My coins still good?

No, please contact me ohad@idni.org and I'll send you the omni coins.

Tau-Chain & Agoras
jibble
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August 14, 2015, 08:19:09 PM
 #176

The price is very off putting, you are trying to raise 2 million dollars on an idea that isn't actually made yet?

you have majorly over valued your business especially since it looks like the only way to complete this project will be getting enough funding, so you are totally relying on investors to fund to project while giving them a fixed price determined completely by yourself.
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August 14, 2015, 08:43:53 PM
 #177

The price is very off putting, you are trying to raise 2 million dollars on an idea that isn't actually made yet?
There's a lot that has already been made.
you have majorly over valued your business especially since it looks like the only way to complete this project will be getting enough funding, so you are totally relying on investors to fund to project while giving them a fixed price determined completely by yourself.

I announced quite the contrary: the obligation to supply the products is independent at the number of coins sold. Moreover, unsold coins will be destroyed before the actual coins go live, so buyers will get a bigger share on that case.
Obviously, more funding will positively affect the timeline and richness of the products.

Tau-Chain & Agoras
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August 14, 2015, 08:56:10 PM
 #178

The price is very off putting, you are trying to raise 2 million dollars on an idea that isn't actually made yet?
There's a lot that has already been made.
you have majorly over valued your business especially since it looks like the only way to complete this project will be getting enough funding, so you are totally relying on investors to fund to project while giving them a fixed price determined completely by yourself.

I announced quite the contrary: the obligation to supply the products is independent at the number of coins sold. Moreover, unsold coins will be destroyed before the actual coins go live, so buyers will get a bigger share on that case.
Obviously, more funding will positively affect the timeline and richness of the products.


More funding would be achieved if investors determined a free market valuation of what is on offer, not a pre determined price by the creator who has very subjectively valued their own idea which 95% of the time is massively over valued from the real term value, which will be destroyed when any free market economics are introduced .

Good to know the whole project isn't dependent on funding but if more would help, massively over valuing the currency will actually hugely reduce the earning potential of such an idea.

Investors will be investing in the coin at the present time they invest , so the reduction or destruction of coins doesn't really benefit them , they are not coins that are already created really, they are just coins that "might be" created .

If i invested now, it wouldn't change much if all the coins were not sold. If 100,000 is invested by investors the value is that price, if only 50k is invested Then the value of the currency is 50k , destroying coins doesn't benefit them, only leaving the coins there would be at a huge disadvantage to the previous investors. destroying them is a pretty neutral act really to those already invested
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August 14, 2015, 09:31:16 PM
 #179

If i invested now, it wouldn't change much if all the coins were not sold. If 100,000 is invested by investors the value is that price, if only 50k is invested Then the value of the currency is 50k , destroying coins doesn't benefit them, only leaving the coins there would be at a huge disadvantage to the previous investors. destroying them is a pretty neutral act really to those already invested

Right when you thought you've heard it all...   Roll Eyes

If someone values their own idea/ company at 100,000 dollars , that isn't the actual value it's the value they have placed on it.

If they host an IPO to sell coins or tokens and they have a total of 100,000 dollars/coins to sell.

only 50,000 coins/dollars worth are sold. they destroy the other 50,000 coins

whats the value of the company? it's the 50,000 dollars been invested because the 100k is a purely subjective valuation, destroying those coins did jack shit, each coin is still worth exactly the same, if and when the price rises it changes the mechanics . and you own a higher percentage of the coin, but as the IPO has shown the valuation was wrong anyways , so more of a company because it was worth less than the valuation.


The point being a huge over valuation of a company during the IPO can harm the coin. it has happened for the last 3 years + in the crypto space, over valued ideas getting dumped into the ground
ohad
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August 15, 2015, 06:20:17 AM
 #180

If i invested now, it wouldn't change much if all the coins were not sold. If 100,000 is invested by investors the value is that price, if only 50k is invested Then the value of the currency is 50k , destroying coins doesn't benefit them, only leaving the coins there would be at a huge disadvantage to the previous investors. destroying them is a pretty neutral act really to those already invested

Right when you thought you've heard it all...   Roll Eyes

If someone values their own idea/ company at 100,000 dollars , that isn't the actual value it's the value they have placed on it.

If they host an IPO to sell coins or tokens and they have a total of 100,000 dollars/coins to sell.

only 50,000 coins/dollars worth are sold. they destroy the other 50,000 coins

whats the value of the company? it's the 50,000 dollars been invested because the 100k is a purely subjective valuation, destroying those coins did jack shit, each coin is still worth exactly the same, if and when the price rises it changes the mechanics . and you own a higher percentage of the coin, but as the IPO has shown the valuation was wrong anyways , so more of a company because it was worth less than the valuation.


The point being a huge over valuation of a company during the IPO can harm the coin. it has happened for the last 3 years + in the crypto space, over valued ideas getting dumped into the ground

Besides the above explanation that even if it's overvalued, the whole deal is still fair,
I have no idea why you think it's overvalued. I think it's undervalued. Please reconsider the value of what we're talking about here (Agoras).

Tau-Chain & Agoras
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