Bittrex is delisting Agoras Tokens (AGRS) by 9th March 2018 - a good time to accumulate?

in cryptocurrency •  7 years ago  (edited)

So recently I've been spending time researching Tauchain / Idni Agoras ever since the first proof-of-concept code was released. It's not an easy project to comprehend on the surface because it requires some technical knowledge in language, logic, mathematics, and computer sciences. My lifetime of thoughts skirting around the periphery of some of the related subjects certainly helped, but in no way am I nearly competent enough to even assist in its development.

One thing's for sure, I'm quite convinced now that the project is light years ahead in design compared to 99% of the blockchain projects out there. The lead developer, Ohad Asor is perhaps one of the smartest people I've come across with the right skills to get the job done. Just go through his blogposts and chats in the IRC channel. It's like watching a high-functioning watchmaker piecing together the greatest masterpiece of all time. Not sure if I'm exaggerating, but I'm certainly thoroughly impressed by his work.

I'll get into explaining this project in the coming weeks if I manage to gather my thoughts and confidence in writing about it myself. In the meantime, there are already some accessible explanations through some of the earlier supporters in the project including @trafalgar, @dana-edwards, and @flis. In short, the few major points for me are:-

  • A protocol with a metalanguage that doesn't impose the idea of a single universal language.
  • Revolves around an expressive, self-defining, and decidable logic.
  • Ability to scale discussions and deduce knowledge.
  • Ability to create truly secure smart contracts with mathematical proof of outcomes.
  • Many more. It's important to note that all these wonderful features aren't disparate elements crammed together just to compete with existing projects. Again, it would take some fair amount of research to appreciate the consistent and coherent design decisions involved. I think I'm still just scratching the surface.

Needless to say, I've been a little obsessed about the potential of Ohad Asor's long-term vision, and have been spending time accumulating over the past couple of weeks when Agoras Tokens was floating around $2.00-$3.00 even though I've actually bought some when it was below $1.00 about a year ago. I guess I just have more confidence in the project ever since looking into the rabbit hole.

So with the recent Bittrex announcement of delisting Agoras Tokens (along with Maidsafe due to legal technicalities) just a day or two ago, the price has plummeted back into the $1.00 region, hitting every single one of my orders on the way down. Just when I thought the price can never get to this low again after the long awaited proof-of-concept, opportunity is here again for the bold. The fundamentals of the project have not changed. It's more likely just panic dumping in the wake of the delisting notice.

Currently in my universe, there's nothing more important to support with my spare lunch money so I'll be collecting more. For science. Hopefully, the major bottlenecks of organising communities and attaining on-the-fly consensus will be a thing of the past when Alpha is released sometime this year.

Many thanks to @dana-edwards, @trafalgar, and the Steemit platform for making the connection and allowing me to discover this wonderful project. I'm very grateful to have had my head nudged into this direction, away from the many distractions in the blockchain space.


Resources

Website - http://www.idni.org
Github - https://github.com/IDNI/tau
Telegram - https://t.me/tauchain
Reddit - https://www.reddit.com/r/tauchain/


For those interested, my current top 5 holdings in order: Steem, AGRS, EOS, AGI, and TAAS.

Not to be taken as financial advice.

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many praises to Ohad Asor. He seems to be someone that I as an average joe would never get to meet in my life time. How wonderful technology can still spread the word about him. Now to the nitty gritty. If one can not trade agoras on bittrex then where would I get the token? Thanks.

Bittrex is available til 9th march..

Thanks for the info. I've looked into Tau before and there's no doubt this guy is brilliant. But it really appears that he needs some help on the business side. Investing in a project with good ideas is one thing, but as we've seen in crypto, they generally don't go too far unless there's someone involved who can impress investors and relate to markets. Is there any hope of that here?

I think the team will start marketing when the Alpha platform for scaling discussions of any size (while deducing knowledge) is done some time this year. Let's say if it works great even for 5 people in a discussion, people could potentially start using it just to stay competitive if not anything else. At the moment, they're going to update the current Geocities-era website haha..

Bizdev is a concern when you have the Cardano with Charles Hoshkinson who is arguably the best in the business at that. It is true that partnerships and bizdev make the difference between a market cap in the hundreds of millions vs market cap in the billions or tens of billions. Tauchain has the potential for a market cap in the hundreds of millions or tens of billions but as I've expressed to Ohad himself this is all going to depend on strategic partnerships.

I agree with you that Ohad himself is not the best person for that job. I do not know exactly who should do that but Tauchain in my opinion requires partnerships in academia, at the very minimum, just to attract enough brain power to develop it.

Thanks for writing your thoughts about the AGRS token @kevinwong. It's good to have people, who give non computer scientist a chance to understand more about very promising projects and tokens. I think now, the time where you can just buy any token and make a fortune is over, so it's good to get to know what really can make a big change!

Owww, Bittrex seems to de-list more coins and tokens lately. Any idea what exchange will support Agoras still, other than Upbit which seems to be not available in english language?

The team is working hard to add to more exchanges, hopefully some substantial listing by 9th March..

Oww cool!

I still can’t claim to understand this whole project, but reading Dana’s translations of the vision really sold me.

Stoked for when you start covering more of the project - am sure it’ll provide some excellent insight and clarify things better... :-)

Oh man it's so difficult to write. I've been at it for a month now! Hard to find other stuff to write about though atm. My mind's just stuck haha..

Sometimes not a bad thing to take a break and recharge. I’ve been writing steadily, but honestly feel it’s been getting to be kinda shit, just going through the motions. Definitely healthy to step back and refresh. Or maybe just time for another aya ceremony... most likely. Lol.

Agoras Tokens... am a little excited about this one.. at $1, it wouldn't hurt dropping a few bucks on it. With the description your giving it, the price might shoot up any second.
This is something laudable from Ohad Asor. I know it when it comes to technical knowledge in language, logic, mathematics, and computer sciences.. this is what makes a coin powerful to withstand any errors in the system. Am glad they have taken their time in coding. Am going to check out Ohad Asor's blog posts and responses in the IRC channel to get to know more about him and where this project stands so far. Otherwise we need to put in some big money on this before the price escalates and we end up regretting not to have taken a shot at it when it was still early.

It's a project that understands itself, as weird as it sounds lol :)

👀

Ah, @kevinwong, would that I had the technical knowledge to better understand this. Will share @Trafalgar’s post with the missus, who’s better versed in this sort of thing, in hopes of acquiring something more by osmosis 😊

Also, look forward to hearing more from you once you processed it, ‘away from the many distractions...’

Good Sunday ✌🏼

Wish I have an osmosis medium as well lol. Check out the blogpost from the dev himself: http://www.idni.org/blog/the-new-tau

I think I've read it like 20 times..

Haha, will do, thank you ✌🏼

An excellent overview and Tauchain is a universal programming language that can be used to express any knowledge, rule or process. He works on a blockhouse that supports a wide range of functions, including contracts, applications, scientific evidence, legal documents, etc. This development is based on numerous inventions in the fields of theoretical mathematics and computer science.
At Tauchain, Agoras will be created - a decentralized intellectual economy capable of supporting a wide range of applications, for example, a trading platform for the exchange of self-verified code: people buy and sell code, checking for bugs before payment processing. Among other applications, there is a market for computing power and a decentralized search smart system. As for the drawdown of the price, it is possible that this is a certain game of bears before take-off, so you are right, now need to carefully study this token! Thank you @kevinwong

This is ithe best opportunity to buy some Agoras tokens and right now who market is bleeding and a single bad news about a cryptocurrency can easily makes it bleed even more badly and that's what happiness with this great project and because of the bittrex delisting news people suddenly started selling off,

That's really common case in cryptocurrency market but as always people's fear give us a chance to buy a great project in cheap price 😅

Thanks for telling about this great project i will definitely buy some after a little bit of own research @kevinwrong

It's so painful that some of us have this "knowledge" yet little or no cash to invest. Goodluck with your dip-hunt.

If you've taken a look at @trafalgar's post on it, he really gave one of the best advice ever, at least for me - spend time looking into this project :)

Sure brother 😇 thanks for giving me some important reference.

Buy it from where though? I think another tactic could be to develop plans to earn it if you cannot easily buy it. Sooner or later there will be jobs which need to be done and AGRS will be used.

time to jump down another rabbit-hole myself! Understanding about Tauchain is gonna be a tough one for me. But i guess i have the time and motivation to do it.

I do have a question tho. Do you store the tokens offline?

Yeah AGRS is an OMNI asset on the bitcoin blockchain.

You may hold on Agoras on the Bittrex exchange, on https://www.omniwallet.org/, or in any Bitcoin address to which you possess the private key such as a paper wallet

But bittrex is delisting Agoras soon?

Whelp.. into the rabbit hole of OMNI layers i go!!!!!!

Try a small amount first..

Of course! Thanks for shedding the light on Agoras to all of us.

It's interesting to see how confident you and trafalgar are into this project. Reading some of their papers and this certainly is one of the most abstract projects available in the market. Will try to keep up the reading.

Exactly! All this is like a beautiful theory. It remains to decide who and how will determine the level of competence of participants who will produce knowledge. But I must admit that the idea is interesting.

Seems like you are quite buying the idea of Tauchain. Now should be the best time of collecting the tokens. I'm still thinking where to pull the trigger or not.

I like this talk quite a lot. Turn up the subtitle :)

Thank you! I will share the results of the viewing.

Thanks man, it would be really helpful.

The lecture was interesting for my understanding, but I still have some questions. I will follow him.
Thank you.

Looks like a great time to buy considering the market. Thanks for taking the time to share projects that you believe have potential. A lot of this information, although is available publically for all to access makes no different (if you don't understand it).

My brain still hurts a little thinking about it. But as you said, chuck in some lunch money and accumulate (once you've done your due diligence of research and not just taken the word of one or two mouths)

What I normally do is get some first upon recommendation by trusted people, then study the project while adding, lessening, or completely removing my position depending on confidence :)

The concept is pretty mindblowing. Will see how it works in practice..

thanks for information on AGRS token🙂☺

Great heads up! 'm not familiar but your advice and thoughts are always worth looking into. Much appreciated! Hope you're doing well my brother.

Probably the most life changing project to look into at the moment.. hard to understand, but I think it's well worth it! Thanks for the well wishes @stillwater :)

Agoras is the first smart currency that allows smart contracts to be handed out to the clients and coder party so they will know the consequences if they don’t follow the rules and regulations stated in the smart contract. This is possible through the Tau-Chain’s language.

Hummm... Then Agoras is about making sure that software provides the results it is expected to return. Isn't that what testing frameworks are already doing now without the need of any blockchain?

This is perhaps a better explanation (turn up subtitle).

As for the blockchain, Tauchain is for storing the rules of the network. http://www.idni.org/blog/the-new-tau

yo wut, i bought some on Bittrex. Does that mean I'll lose it all?

Good question. I am wondering that too. Looking forward to your advice, @kevinwong.

@aldentan @maverickfoo
I think AGRS will remain in your wallet on Bittrex, but it's not advisable to keep in exchanges anyway. AGRS private wallet is omniwallet.

Thanks for the advice, chief. Appreciate it.

Try to send small amounts first to test out :)

Unfortunately, I'm not on any of these markets:

Another option to buy these coins?

The team is working to add it to more exchanges :) Is bittrex still not allowing new registrations?

Not allowing at least in my part of world. You have got 12000+ followers. Amazing. I'm your 12008th follower. Your blog has already become my favorite.

Thanks! I'll try to write more :)

I've never heard anything about Agoras. So you say it's good to get some of them?
I think I will wait when there will be some news about listing on other platforms.

Check out the project!

I have bought substratum and coss in the beginning of the year and they did exactly the same :)). I hope I'll get around to buy some AGRS token while it's still low because I'm going on a trip next week.
Maybe this time I won't be looking at how my tokens drop in value after buying them :))

Haha, my gut feeling on the substratum bubble was right. Those guys somewhat misled the community with early and empty promises. Seems like they're not rolling any public test of their network anytime soon.. well i've not been keeping up to date with that project.

Hmmm, strange. Why would they delist a good project.
I've heard some good stuff about Agoras. Maybe they will work it out in the future.

because it has no utility yet without a working platform, so there might be legal technicalities since bittrex is located in the usa.

Okay, I should think about it.
If it really is going to grow in the future there might be a point to get some.
I'll go check their product thoroughly.

Nice post friend, honestly i don't know about Agoras Tokens before but after reading your post i came to know about it and you are holding this token it means it has potential, i will also buy and hold some Agoras Tokens soon, thanks for sharing your knowledge with us friend, Stay blessed

Following your footsteps. I'd bought some when you had first spoken about it and kept it in the exchange. Since they're delisting it, what do you recommend is the best way to store them?

Omni wallet at the moment (it's an asset on the Bitcoin blockchain)

probably the best period for the most of us that missed out some of the action.

patience works well in crypto :)

Hello @kevinwong :)

Nice tip in this article, can make many people rich (maybe).

What do you predict - is it likely that these Agoras Tokens will bankrupt (stop their existence)?

If not - it would be a great opportunity (as you said) for some bold investors (or speculators) to put some money in and hopefully get lots of profit, if this tokens go up again.

Worth of considering anyway.

Thank you for the article, makes me think about the tokens.

All the best to you :)

Peter.
@abc.love.steemit

PS: may I resteem it, please?

Well, there's no guarantee of it making anyone rich but its certainly a project worth supporting in my eyes. If the project its truly useful, the price will go up someday with increasing market demand.

There is never a guarantee, but it looks very promising anyway.

Where there any previous occurrences of that kind of situation on crypto market (any crypto delisted by Bitrex) ?

If yes, and it went up - the chances are big, I believe.

Thank you again for the study you have conducted on the subject @kevinwong many people will find this useful.

I feel free to resteem your post, ok?

I think they might list it again after the issues with the tokens are sored out.... :)

I believe this is a good time to accumulate it, with spare money though. So when the market goes up you make your profits and if it goes sideways you wont be in debt

That's the idea :)

@kevinwong my mind kept screaming @trafalgar once I saw the heading. I do know one thing though: Asor comes off as a deep recluse. I just pray it doesn't affect the marketing side of his platform. The way you guys describe, it's crazy that a whole lot of people do not talk about it.

I've not interacted much with him at all but from what I see, I don't think he's anywhere near a recluse. Marketing is probably the easiest part :)

Really? Well that's a relief. I'm just scared another group of aggressive chain builders might build something similar and accelerate their marketing speed. Just feel the awesomeness of Tau deserves more awareness and hype.

opportunity is in danger

Hi @kevinwong, You never appreciated a coin this much:

One thing's for sure, I'm quite convinced now that the project is light years ahead in design compared to 99% to the blockchain projects out there. The lead developer, Ohad Asor is perhaps one of the smartest people I've come across with the right skills to get the job done. Just go through his blogposts and chats in the IRC channel. It's like watching a high-functioning watchmaker piecing together the greatest masterpiece of all time. Not sure if I'm exaggerating, but I'm certainly thoroughly impressed by his work.

You added to my curiosity and I'm going to accumulate it. Thank You very much! Steem On!

If you are bullish on AGRS, this is propably best opportunity to buy. Be greedy when others are fearful and be fearful when others are greedy.

So with the recent Bittrex announcement of delisting Agoras Tokens (along with Maidsafe due to legal technicalities) just a day or two ago, the price has plummeted back into the $1.00 region, hitting every single one of my orders on the way down. Just when I thought the price can never get to this low again after the long awaited proof-of-concept, opportunity is here again for the bold.

Now this shows how much of a bold lion you are. I read your last Post when you talked about how much you love accumulating coins and never looking back at the dumps. You are so brave and that's a whole lot of inspiration to me I must say.

It's more likely just panic dumping in the wake of the delisting notice.

Now ,I am still new to crypto so please pardon my question.....Why does the listing on bittrex have such an effect on the coin? I thought it was gonna make it noon further instead of create panic.

Just supporting worthy projects. Not a frequent trader here :)

Now ,I am still new to crypto so please pardon my question.....Why does the listing on bittrex have such an effect on the coin? I thought it was gonna make it noon further instead of create panic.

It's de-listing, not listing! The team is working to get the token listed in more exchange. Other than Bittrex, currently it's only Upbit which is a Korean exchange.

Binance is the ideal exchange when the time comes I think, but for now they need to actually get the token launched. The legal and regulatory risk is real because when its in this intermediate state there is no clue where the SEC could fall on it.

Yeah agreed. I think Binance uses their own trading bots for all currencies listed on it so it's a good way to keep an active market. I read somewhere that Alpha might include a token function for storing and calculating by other machines so that might be a go?

I know You lie Alan is kevin people rally

Why i don't know forgot rally it 2year aging and you kevin do hurt love for me know

I know hear You lie kevin have baby girl

Being an Omni smart property, it can always be traded in MetaDex, but prices are always too much high.

Well, Bittrex is DElisting the token not listing it, so that is why is dipping.

I've accounts on Cryptopia, Binance, Poloniex....and it's not there. Poor luck!

Detailed post. I think I see some good reasons with.
Hoping you find more confidence to write about this project soon so I get to know more

  ·  7 years ago (edited)

Thanks for the beautiful information sir...thanks for the golden post...upvote...

  ·  7 years ago (edited)

hi great to see i am web developer i can help you in your projrect! yaah So with the recent Bittrex announcement of delisting Agoras Tokens itand yaah the price has plummeted back into the $1.00 regiion so it will goes up!yaah hope the major bottlenecks of organising communities and attaining on-the-fly consensus will be a thing of the past when Alpha is released sometime this year.
thank you kevinwong! yaah best time to buy it!

Agoras Tokens (AGRS) exchanges with real-time price comparison where you can buy, sell or trade BTC for other currencies and crypto coins.

am so grateful to be a part of this information . Without information, deformation takes.
confidence in the cryptocurrencies market.
when will it be globally accepted?

Thanks for the information ...
Great to share
Upvoted

Good information. I like your post information, thanks for sharing @kevinwong

Hi @kevinwong . Regards of me. Hope we will be friend

Thanks for the information sir.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
AGISingularityNET0.334$7.45%-6.7%
AGRSAgoras Tokens0.967$-4.66%-57.99%
EOSEOS8.128$-1.28%-16.57%
STEEMSteem3.500$-1.39%-20.1%
TAASTaaS6.219$-1.9%-9.61%

DQmdNERYd9dY88EST2pKFSs7gjDJKETUn1BB9AFtu9MddCy.jpeg

While I want to admit that it's not everything that can be so precisely predicted, but I am certain atleast to some extent that this fall in price is just temporary. Agora will rise again in due course to even beyond $3. Just wait for it. The wise take advantage of these kind of opportunities.

Meanwhile, March 9th is my birthday and I'm sure gonna get plenty of Agora tokens for myself as my bithday gift. Thank you @kevinwong for sharing this great opportunity with me.

Here is the prediction of last 30 minutes .
Screenshot_2018-02-25-15-48-41.png

Very nice article about crypto.. Thank for sharing new information

Nice post.

Didn´t have this one on my radar, thanks

So much cool info! Thanks for posting @journeyfreedom

when is bitrex going to start approving new accounts

If you are new to trading, forget bittrex.

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Wonderful insight.....thanks for sharing your thought...

Wonderful insight.....thanks for sharing your thought...

It's really better analysis than @haejin do. ))

Great Idea Sir... Thanks for share with us. Keep it up and well done. Really i appreciate you.

Great Post Here . informative info Thanks auther

intriguing & encouraging!

intriguing & delightful!

wow now everyone will sell it like made time to start collecting at the dip

giphy.gif Great to share with us sir... Really i appreciate you.

nice post i will done upvote I always see your post.

Use eToro's advanced risk management tools to protect your positions. Enjoy hassle-free deposits and withdrawals, instant execution of trades and a free, thanks you @kevinwong good project thanks for sharing so informative post

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goood job

I hope the project can make it easier for common people to use it, so your project becomes the main class compared to others... We'll see on 9th march.. Nice job and success for your project @kevinwong

What will be the benefit of buying ? Will it be higher on other exchanges ? I’m interested to know so I can buy

I wonder when other exchanges like Binance and Kucoin will start delisting coins? Cos up till know they are just listing new ones.

I am all in in Agoras!! Agoras to the Moon!!!

wow man you really know to predict the market trend DaBaGwOU8AEiCut.jpg