Author Topic: Augur REP IOU is available on BitShares  (Read 8962 times)

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Offline 21xhipster

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Offline mf-tzo

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for what is worth i think rep are way overvalued now. and i think that in terms of prediction market gnosis will be a good competitor https://groupgnosis.com/

but  I may just be biased because I like the word "gnosis" which is a Greek word for "knowledge"  :)

Offline cube

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At 8 - 11 USD per reputation right now, if we assume an 11 million supply (coinmarketcap doesn't seem to know how many augur exists) that implies a market cap of about 50million, right? Not sure how much REP is available on gatecoin either, but with the extremely small amount on bitshares exchange, my question is, is the price artificially high because there aren't much REP available on the market out of what's going to be the total supply?

because of the little supply the rep price is theoretical overvalued right now.

I liked VERY MUCH this analysis here:
https://medium.com/blockchain-investment-vehicles/a-sane-model-for-pricing-augur-rep-tokens-32dbd9db5f6#.454acti9r

give me your feedback about this analysis please   ;)

Interesting article.  He is applying valuation technique on traditional stocks to cryptos.  Crypto-land is a wild wild west.
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unreadPostsSinceLastVisit

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At 8 - 11 USD per reputation right now, if we assume an 11 million supply (coinmarketcap doesn't seem to know how many augur exists) that implies a market cap of about 50million, right? Not sure how much REP is available on gatecoin either, but with the extremely small amount on bitshares exchange, my question is, is the price artificially high because there aren't much REP available on the market out of what's going to be the total supply?

because of the little supply the rep price is theoretical overvalued right now.

I liked VERY MUCH this analysis here:
https://medium.com/blockchain-investment-vehicles/a-sane-model-for-pricing-augur-rep-tokens-32dbd9db5f6#.454acti9r

give me your feedback about this analysis please   ;)

holy crap that is incredibly thorough! way more thorough than my napkin analysis above. I didn't understand all the maths though.

Offline 21xhipster


I liked VERY MUCH this analysis here:
https://medium.com/blockchain-investment-vehicles/a-sane-model-for-pricing-augur-rep-tokens-32dbd9db5f6#.454acti9r

give me your feedback about this analysis please   ;)
Another point is that REP price naturally track ETH price. If you think in terms of ETH investments and you want to yield ETH dividends on your investments REP now is undervalued as ETH price has been raised a bit more since.
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Offline 21xhipster


I liked VERY MUCH this analysis here:
https://medium.com/blockchain-investment-vehicles/a-sane-model-for-pricing-augur-rep-tokens-32dbd9db5f6#.454acti9r

give me your feedback about this analysis please   ;)
Quite interesting reading.

But I do think about value of REP tokens through lens of reputation, not dividend yields. Augur as DAO can and I sure will evolve very fast adding intrinsic demand for tokens. That would not be a problem and models dono count the facts that (1) this team has first move advantage and unique expertise thus guys (2) wont sit on a few contracts literally. If we assume that REP somehow will manage to reflect truthfulness or whatever can emerge of a person/entity from here dividend yield model just don't work and here come the power of network effects. That is the source of overvaluation I think. The irony is that even though I understand that (1) $100 mln is damn high for a project that (2) has not been born yet (3) that has 70% CMGR for last 6 months - nothing is able to have such a growth forever. Even though I don't want to close position because I think that probably I missed something if there are guys around who want to buy at current valuation. Such a psychology. The problem raised is quite interesting. Now I damned to think about how to model this.
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Offline liondani

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At 8 - 11 USD per reputation right now, if we assume an 11 million supply (coinmarketcap doesn't seem to know how many augur exists) that implies a market cap of about 50million, right? Not sure how much REP is available on gatecoin either, but with the extremely small amount on bitshares exchange, my question is, is the price artificially high because there aren't much REP available on the market out of what's going to be the total supply?

because of the little supply the rep price is theoretical overvalued right now.

I liked VERY MUCH this analysis here:
https://medium.com/blockchain-investment-vehicles/a-sane-model-for-pricing-augur-rep-tokens-32dbd9db5f6#.454acti9r

give me your feedback about this analysis please   ;)

unreadPostsSinceLastVisit

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At 8 - 11 USD per reputation right now, if we assume an 11 million supply (coinmarketcap doesn't seem to know how many augur exists) that implies a market cap of about 50million, right? Not sure how much REP is available on gatecoin either, but with the extremely small amount on bitshares exchange, my question is, is the price artificially high because there aren't much REP available on the market out of what's going to be the total supply?

Offline 21xhipster

How much % of total supply is 1951,87 REP ?

By the way @21xhipster I'd recommend post this to General Discussion board.

@abit there are 11M reps
Thanks. It's around 0.02% then. Can we have more?

Depends on if they have more I guess @21xhipster
We do not have more unfortunately. Maybe its time to launch smartcoin?
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Offline Akado

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How much % of total supply is 1951,87 REP ?

By the way @21xhipster I'd recommend post this to General Discussion board.

@abit there are 11M reps
Thanks. It's around 0.02% then. Can we have more?

Depends on if they have more I guess @21xhipster
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Offline abit

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How much % of total supply is 1951,87 REP ?

By the way @21xhipster I'd recommend post this to General Discussion board.

@abit there are 11M reps
Thanks. It's around 0.02% then. Can we have more?
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Offline Akado

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How much % of total supply is 1951,87 REP ?

By the way @21xhipster I'd recommend post this to General Discussion board.

@abit there are 11M reps
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Offline abit

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How much % of total supply is 1951,87 REP ?

By the way @21xhipster I'd recommend post this to General Discussion board.
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Offline CLains

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Fun times trading the REP rollercoaster.