Tau-Chain and Agoras Official Thread: Generalized P2P Network

[tattedman88]

I can clarify, bittrex users/balances/wallets etc will not be affected by anything.
Omniwallet users will also not be affected, nobody who has coins will be affected.

The direct sale through ohad will just stop tomorrow (01/07/2017). Nothing more then that.
Trading on bittrex will continue as usual.

where is this information from? everywhere i have read says on 1st July he will destroy the remaining tokens past 60% of the token in circulation which has already been sold it seems, according to his previous posts? so if he has already sold the 60% tokens that wont be destroyed...any tokens we may buy now are going to be destroyed are they not? and there is talk of sending them to him to 'lock them' from being destroyed if you were in the first 60% tokens buyers?

it is completely confusing and unclear.

Ohad please explain?

TBH I am just giving my opinion based on the way I read it..... I highly doubt that the Dev would list it on bittrex if those tokens means nothing anymore..... I am guessing that the tokens on the exchange were already included in the 60%. Also, it doesn't say that its going to be destroyed tomorrow.... he states that the remaining premined tokens will be destroyed at the Genesis block that would be when the Alpha is released. If the dev destroyed the tokens on the exchange his project would sink faster than the Titanic

[SciGuy]

where is this information from? everywhere i have read says on 1st July he will destroy the remaining tokens past 60% of the token in circulation which has already been sold it seems, according to his previous posts? so if he has already sold the 60% tokens that wont be destroyed...any tokens we may buy now are going to be destroyed are they not? and there is talk of sending them to him to 'lock them' from being destroyed if you were in the first 60% tokens buyers?

it is completely confusing and unclear.

Ohad please explain?

Is there a post of his where he says he will destroy the remaining tokens (past 60%) ? There are so many pages to this thread, so I'm having  a hard time wading through them all.

[SciGuy]

Bounty program available?

every significant support is bounty-able

and regarding price doubling next month, after more discussions and thought, we consider making it x4 rather x2. more to come

More great news for early investors, i love read anoucements like this 😄. 4X is only the begining. But one question, when you release the whitepaper and the alfa core you burn all agoras unsolded? Or we must wait another data for that.?

no, and quite the contrary. the plan is to have majority (or nearly majority) of the coins to be sold after tau is ready and before agoras is ready (which is the moment when unsold coins will be burnt). we'll try to adjust it to happen by price raises (i.e. to avoid selling nearly majority of the coins beforehand)

I found a post where Ohad talks about unsold coins being burnt. Is this what you were referring to Goblinman?

[ohad]

indeed i saw a misconception around that burning the tokens is about time. but it's not.
tau is one thing to be reached in stages (alpha, beta). tau has no coins. it is a platform for many things, one of them, for applications like agoras.
after tau is ready we need to develop agoras which is a currency and a market. between tau and agoras, is the time to sell around half of the coins, as the old plan. however we already sold 60%. we missed the deadline (1st of july) by 3 days. and now many more buyers would like to buy, so we made this "tentative sale" thing. not only we're not on the stage for after tau is ready, even tau's whitepaper is not ready yet, far to mention code. (we do have old whitepaper and code but things changed.)
when agoras is ready for shipping, then, and only then, we burn the unsold tokens.
so this burning thing has nothing to do with 1st of july.

as for price increase, x2, x4, x10 -- this is all old discussion, so no need to dive into details. the updated decision (since few days ago, here) is to stop the sale in 1st of july until tau/alpha is ready.

[goblinman]

Bounty program available?

every significant support is bounty-able

and regarding price doubling next month, after more discussions and thought, we consider making it x4 rather x2. more to come

More great news for early investors, i love read anoucements like this 😄. 4X is only the begining. But one question, when you release the whitepaper and the alfa core you burn all agoras unsolded? Or we must wait another data for that.?

no, and quite the contrary. the plan is to have majority (or nearly majority) of the coins to be sold after tau is ready and before agoras is ready (which is the moment when unsold coins will be burnt). we'll try to adjust it to happen by price raises (i.e. to avoid selling nearly majority of the coins beforehand)

I found a post where Ohad talks about unsold coins being burnt. Is this what you were referring to Goblinman?

Yes, and him saying about he cannot sell more coins or tokens as the 60% have been sold..and the price increase tomorrow what is that about? How can the price artificially be increased up to 10x tomorrow by Ohad? How does that work..maybe I misinterpreted the destruction part, but how does the value increase work then for 1 July?

[justone123]

Bounty program available?

every significant support is bounty-able

and regarding price doubling next month, after more discussions and thought, we consider making it x4 rather x2. more to come

More great news for early investors, i love read anoucements like this 😄. 4X is only the begining. But one question, when you release the whitepaper and the alfa core you burn all agoras unsolded? Or we must wait another data for that.?

no, and quite the contrary. the plan is to have majority (or nearly majority) of the coins to be sold after tau is ready and before agoras is ready (which is the moment when unsold coins will be burnt). we'll try to adjust it to happen by price raises (i.e. to avoid selling nearly majority of the coins beforehand)

I found a post where Ohad talks about unsold coins being burnt. Is this what you were referring to Goblinman?

Yes, and him saying about he cannot sell more coins or tokens as the 60% have been sold..and the price increase tomorrow what is that about? How can the price artificially be increased up to 10% tomorrow by Ohad? How does that work..maybe I misinterpreted the destruction part, but how does the value increase work then for 1 July?

You can buy the coins on bittrex, or directly from Ohad. If you buy from Ohad the price was higher than bittrex price, but cheaper if you bought in bulk.

[ohad]

You can buy the coins on bittrex, or directly from Ohad. If you buy from Ohad the price was higher than bittrex price, but cheaper if you bought in bulk.

not anymore. now, only bittrex, or the "tentative sale". see my last posts here https://bitcointalk.org/index.php?action=profile;u=365974

[freet0pian]

You can buy the coins on bittrex, or directly from Ohad. If you buy from Ohad the price was higher than bittrex price, but cheaper if you bought in bulk.

not anymore. now, only bittrex, or the "tentative sale". see my last posts here https://bitcointalk.org/index.php?action=profile;u=365974

What's the price per AGRS for this "tentative sale"?

[statdude]

You can buy the coins on bittrex, or directly from Ohad. If you buy from Ohad the price was higher than bittrex price, but cheaper if you bought in bulk.

not anymore. now, only bittrex, or the "tentative sale". see my last posts here https://bitcointalk.org/index.php?action=profile;u=365974

this only ethical issue with this tentative sale seems to be whether those btc would have been better put to use market buying or risking the tentative sale. that point remains unclear.

best to hedge and do both?

Also - when does the "tentative sale" definitely end?

There is 1 hour 23 minutes left in Israel until 7/1, but a lot more time in USA.

[RavenVox]

You can buy the coins on bittrex, or directly from Ohad. If you buy from Ohad the price was higher than bittrex price, but cheaper if you bought in bulk.

not anymore. now, only bittrex, or the "tentative sale". see my last posts here https://bitcointalk.org/index.php?action=profile;u=365974

this only ethical issue with this tentative sale seems to be whether those btc would have been better put to use market buying or risking the tentative sale. that point remains unclear.

best to hedge and do both?

Also - when does the "tentative sale" definitely end?

There is 1 hour 23 minutes left in Israel until 7/1, but a lot more time in USA.

You think price might rise at after 1st July?

[medstudent]

3 years later and still pretty much no development.

We are all getting scammed.

Y'all sent bitcoins to a man for coins that will be worthless when he abandons the project.

Even if he doesn't abandon it, by how slow he has been working, we aren't going to see returns in a long long time.

[lelouchzero]

@ohad, Shabbat shalom. Ani sportaee leumi lyisrael, veohev ma sheata oseh I'm agrs

Folks, a lot of misinformation and hype flying around today on this 10x thing. Can someone please explain the impact on market price?

[tigertigertiger]

I think the tentative sale makes everything even more complicated and buyers dont know which will be the price for the tentative coins. I guess it would make more sense to refund all people who participated in this sale and just let the market estimate the price of the coin. People had nearly 3 years time for getting some coins, in my head it doesnt make sense to have FOMO just two days before and make everything more complicated.

Just my two cents

[medstudent]

@ohad, Shabbat shalom. Ani sportaee leumi lyisrael, veohev ma sheata oseh I'm agrs

Folks, a lot of misinformation and hype flying around today on this 10x thing. Can someone please explain the impact on market price?

There will be no impact on market price.

He will raise the price of coins by 10x that he sells DIRECTLY to customers so it will give him time to work on the project more. This will not affect the market price at all. Only thing it might do is raise the volume on bittrex for AGRS but without anything TANGIBLE we won't see any gains. Dude says he will release something soon without a set date given.

I don't believe in this guy at all. He's had the last three years to do something and he hasn't really done shit.

[tigertigertiger]

@ohad, Shabbat shalom. Ani sportaee leumi lyisrael, veohev ma sheata oseh I'm agrs

Folks, a lot of misinformation and hype flying around today on this 10x thing. Can someone please explain the impact on market price?

There will be no impact on market price.

He will raise the price of coins by 10x that he sells DIRECTLY to customers so it will give him time to work on the project more. This will not affect the market price at all. Only thing it might do is raise the volume on bittrex for AGRS but without anything TANGIBLE we won't see any gains. Dude says he will release something soon without a set date given.

I don't believe in this guy at all. He's had the last three years to do something and he hasn't really done shit.

this is wrong sorry, he planned to raise the price by 10x. this is not the case anymore, pls get your facts right. as for the rest, its understandable if someone wants to see more results before he believes and invest, thats why no one is forced to get involved in this project

[reffi]

Tomorrow $10

[medstudent]

@ohad, Shabbat shalom. Ani sportaee leumi lyisrael, veohev ma sheata oseh I'm agrs

Folks, a lot of misinformation and hype flying around today on this 10x thing. Can someone please explain the impact on market price?

There will be no impact on market price.

He will raise the price of coins by 10x that he sells DIRECTLY to customers so it will give him time to work on the project more. This will not affect the market price at all. Only thing it might do is raise the volume on bittrex for AGRS but without anything TANGIBLE we won't see any gains. Dude says he will release something soon without a set date given.

I don't believe in this guy at all. He's had the last three years to do something and he hasn't really done shit.

this is wrong sorry, he planned to raise the price by 10x. this is not the case anymore, pls get your facts right. as for the rest, its understandable if someone wants to see more results before he believes and invest, thats why no one is forced to get involved in this project

This is not the case anymore? What is the case then for my understanding? I've read the whole thread and that's what I'm seeing.

[Winslow Strong]

@ohad are the tokens being sold in the "tentative sale" IDNI (i.e. tradeable on Bittrex), or are they IOUs for AGRS when Tau or when Agora launches?

[phonytoast]

People wait in anticipation....

[lelouchzero]

Have no idea if i should sell the loss now on ARGS