...I am planing to write more extensively next time presenting you with both forks of the Old Tauchain, NewTau and Autonomic , and give you some insights into the actual development and what it will still take to get to genesis.
... Also important for me to state that I trust Ohad in terms of making his best efforts to bring this project to its genesis moment and beyond to see it succeed. He is a very honest person and very capable as well, and so is HMC and his devoted team. This social experiment as a whole is something you all should be excited about. I do believe that it have a chance to bring great value to us all (including great financial value ) so "Hodle" on and step up your social involvement and by no means do not expect me to lead you anywhere, I am an anarchist! and an artist (an anarchist will never say "after me"", its against everything they stand for, and an artist dont need you in order to do her work).
Love and Peace (The optimists.)
Ok, Lets talk about value of a coin and the development of the markets . Then we will be able to asses the
real value of Agoras
First the markets: As you all know one of the main parameters traders are looking at is coin market cap , There is nothing more idiotic than this factor in terms of calculating the real value of a coin. If I made a 1 trillion Nilicoin and sold 1 on an exchange for $10 then my market cap will be 10 trillion dollars. ofc this will be seem a bit problematic to some of the less stupid traders but if I have say half a million dollars I can create a few fake accounts to buy and sell my own tokens at a volume of a few million.every day. within less of a day I will get hundreds of investors to start trading and in a few weeks I could reach the top ten coins in the market. That is if I also create a good story and market it well.
Now take Cardano for an example .
https://www.cardano.org/en/genesis-block-distribution/ they created some biillions 31,112,484,646 (does anyone of the average investor even know how to read that insane number and realize what it means) and sold on a presale 5,185,414,108 ( so eventually the figures on the market cap, which should represent some real value would put them on the top ten) Like most ICO they ofc did not need to have their own dollars (ether) they only needed to presale to some big investors who know that all they need to do is buy and sell their new investment (ADA) The activity alone will get the attention of the market and the number..... Remember the billions of coins made at a click of a button?? well now they worth millions of dollars on the market cap.....
So now lets look at the content and the important factors in terms of the future real use and real value of both ADA and AGRS. In other words lets look what Cardano have that tauchin is missing:
1. Do Cardano have a working platform?
2. Are Cardano closer to genesis then any both newtau and autonomic?
3. Is Cardano idea more original and better executed than Tauchain?
4. Did Cardano's founder and core team show more commitment then the original Tauchain team?
5. Do they present greater understanding of the product they aim to develop?
6. And finally, is Cardano in greater odds to create a functioning platform that will deliver the premises they stated publicly?
What if I tell you that on all the above Cardano in fact are far behind Tauchain. You probably will have a hard time agreeing with me, but that is only because you are trained to be in the consensus, and to agree with what the majority agree on. and for a good reasons, yet as chaos get greater and greater, free thinking increases proportionally. ( In terms of the crypto markets we are about to be reaching some peeks of chaos. I assume that pretty soon many are going to realize the sheer stupidity of market cap as such a major factor and will panic. but probably will take a while longer then I estimate
)
So back to assessing the real value of Agoras vs. Cardano below are the answer:
1. NO
2. NO. Cardano only have more developers working to figure out the way but is more developers means reaching the goal faster? would Einstain reach relativity faster if he worked with a full team of researchers that would swamp his desk with data? probably not. In terms of Cardano its much worth...
3.NO. if fact they practically used the information that made public in early 2015 on the tauchain project and took of from there (by march to be exact, that is when I introduced tauchain to Charless hoskins )
4.NO. the founder Charless hoskins show commitment to crypto but been jumping between many projects, most which were conceived by others.
5. NO. you can trust me on that but go check for yourselves
6. NO. Look at Etherume and all that it promised to do, with all the money poured into it and the hoards of developers we got an ERC20 contract that semiwork until funds are hacked in the smart contracts, and a breeding kitties that clogged the entire network, and that is a platform that have its own founder as the developer. The founder of Cardano is not the main developer of the platfrom. he is the main marketing figure.
.... and now finally check out the value of the economy promised by the Cardano project that is so much legging behind the tauchain project (on its two branches newtau and autonomic) the Market cap of ADA vs. the market cap of Agoras, and ask yourself which of the two is more likely to get closer to that figure.
You are now ready to assess the true value of your investment in AGRS for the time being. I would say that at this point holding it is a smart move( even if not made with much choice).
