If you're in the second group and you believe Ohad will be able to pull it off then buying the token at this price is like buying Ethereum at 50 cents or Bitcoin under $1. If you think Agoras will be able to allow for the building of apps which no other network and technology will allow then of course the token which powers those apps will have value.
I've always been one to put a small percentage of my profits into high reward stocks/ cryptos/what-have-you with at least one good selling point (preferably many). That said, what Tauchain is offering, in terms of being able to invest into the product, is weak and, frankly, pathetic.
I agree that the concept behind Tauchain is something worthy of getting excited about. I AM intrigued by the project. But, dayum, does Ohad care even a little bit about investor awareness...like, at all? Because if he does, he's inept at branding and investor relations, to put it lightly.
I want to see some signs that the man both cares about its success and has a bit of what it takes to build up some positive momentum. Seeing the token on one measly decentralized exchange (something that 99 out of 100 crypto traders/ investors wouldn't even consider touching) isn't it, it isn't enough. IMO, the odds of building any type of momentum worth speaking of are very, very low as it stands; as in, not even worth a "lotto" play on it - THAT bad!
What would be a good sign for me is that he's willing to put down a little bet that he has something worthy of our attention, by paying a few noteworthy crypto exchanges enough to get his token listed on their platform(s).
MVP in my opinion should come first. Investor relations requires MVP. Otherwise what are you investing in?
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An idea (concept). I'm just speaking to your comment about getting in because you believe in Ohad's vision and capabilities.
I agree that it's attractive to get in at the ground floor, but only if the floor has at least a few squares to it.
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Get in where you fit in. It is entirely up to you. I trust in Ohad's competence after communicating with him over years. If I'm wrong then I'm wrong but to get rewarded you must take a risk. In general, if Tauchain can be created I'll have to use it because of the competitive advantages it can offer those using it.
And those competitive advantages will form the basis of value behind the token. If you simply can't do it on any other platform then you have to buy the token.
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I respect your position and I'm even close to completely agreeing with how you're choosing to play it, even without ever having communicated with Ohad, myself.
I'm totally with you on your reward/risk comment. The way I see it: you have more due diligence and perhaps a bit more risk tolerance than I do. While you're trying to buy the exact bottom (highest reward potential), I'm waiting for a little confirmation of bullishness in a MA cross (metaphorically speaking).
There's a good chance I'll be buying into this token at 5~10X its current price, but that's a risk I'm willing to take if that's what's required to get the added comfort of my MA cross (again, metaphorically speaking).
In any case, I'm hopeful that Tauchain will some day be a great success and that you'll be generously rewarded for your big balls... sorry, I had to say it ;)
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The hope is that Tauchain benefits the world. If I'm one of the first to benefit it's because I was one of the first to jump into the deep end of the pool to learn how to swim. If Tauchain is legit then not only will I benefit but so will the world because Tauchain can be leveraged to build other projects.
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All true, @dana-edwards .
Thanks for the discussion :)
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