Re: the 10x increase July 1...
Is Ohad essentially planning to buy up a ton in the markets until price gets that high, or how will that work?
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Re: the 10x increase July 1...
Is Ohad essentially planning to buy up a ton in the markets until price gets that high, or how will that work?
No , ohad stop selling on 1 July, no 4x or 10x ... please read the tauchain treath on bitcointalk.
A new plan by Ohad seems to be to stop selling Agoras which could mean the supply stops where it is leaving only the exchanges. I honestly don't know what Ohad will do prior to when he does it and he could change his plan again so just wait until July 1st and buy it while you can because the only thing I know for sure is it's at it's ICO prices right now and probably will not be going down in the future.
If Ohad develops Tauchain and Agoras then getting it for under $1 is a steal. Getting it for under $10 will even be a steal.
While the idea for Tau-Chain might be a good one (I have no opinion on it) everything seems to depend on a certain Ohad. Hardly a resilient, decentralized setup. There is almost no way a one man show can survive running their own blockchain. Most likely this project is going to zero...
At the moment it is a centralized setup. But then it's also still very early so it's not shocking that it would be. Ohad does have helpers and people who assist him with research but when it comes to making critical design decisions and release date decisions these sorts of decisions are Ohad decisions.
We hope that if/when Tau alpha is released that it will become a more collaborative development environment and the bottleneck of a singular Ohad decision will be removed. From there we can all make the critical decisions by some formal process.