Hey, Augur here. I was just checking in what's up?
WE MOONIN
>>2244861
The conventional wisdom is, it will pump gradually then pump high when it is released, but then dump massively because speculators will exit because they won't want to do the validation work, and they will lose 2% for going inactive.
If you are willing to hold for a long time and do the results-validation work (an hour or so every quarter), the appreciation potential is incredible.
Red pill me on Augur.
What is it?
What is the long term potential?
>>2245400
Kickstarter for businesses (kind of). OP shares their business idea and you put money towards weather or not you think it will succeed. The OP then uses the info as a forecasting tool (if too many people think it'll fail, they might pull out), then you get rewarded if your forecast is correct. Wings DAO is very similar too however it's aimed more to normies, both have potential imo.
>>2244861
I have 25 atm. My portfolio is like 80% ETH 10% GNT and 10% REP. I do think they have a decent project. Looking forward to release.
>>2245400
Forgot to mention; I think it's market cap / coin price could raise to a new floor 25% above its current price. If the rumours are true that it's being added to coinbase alongside golem (both are ETH tokens), then we may see a quick pump that can be profited off of.
>>2245509
What? It's not this at all lol. It's a predictions market.
>>2245533
What do you think their price will raise to? Is it a rapid grower or a loooong hold? thanks
>>2245546
Did you not read past the first sentence? It's a forecasting tool.
>>2245555
Longer term hold. It will be much more valuable when the site comes out of Beta.