I am selling Augur REP

[zack]

I was involved in augur's development, and will own some of the REP when it launches.
I want to sell it for bitcoin now.
We can use a 2 of 3 multisig like Hedgy as our escrow, so you don't have to trust me. I am willing to lock up some of my bitcoins too, to show you I am not wasting your time.

We could use the price off gatecoin: https://gatecoin.com/

[zack]

Joey agreed to help me sell my rep, so we dont have to use an escrow.
The only rule is that you can't re-sell the rep until after the distribution of rep to everyone.

[zack]

edit: Paul doesn't actually have rep. sorry.

I'm pretty sure Paul Sztorc has over 10,000 rep.
Unless he already sold them.

I would pay 10 bitcoin for your rep.

All you have to do is write a comment here saying you want to sell to me, and write a bitcoin address that you control, I will handle everything else.

[psztorc]

Haha, I was never offered nor given any Rep.

[sflicht]

Zack, are you still interested in buying REP? I have a decent amount I'm willing to sell -- make me an offer. (I assume you were joking about paying Paul at a price of 0.0001, since I think market rate is a little higher right now (http://coinmarketcap.com/currencies/augur/).

[zack]

I don't trust the price on that website because they don't have any markets. Even gatecoin is dead now.
I have consistently been selling my rep at a lower price than that, and I am not finding as many customers as I want.

I can't afford to pay anything above 0.003 for rep, because I already have too much, and am struggling to sell.

[sflicht]

OK, thanks. I'm not interested in selling any at 0.003 but perhaps I'll check back with you later.

[zack]

Check out reptrader on reddit. Maybe you can sell there.

[sflicht]

Zack, thanks for the pointer to reptrader. I'm about to sell 813 REP at 0.0054 BTC. If you want to make a higher bid, let me know ASAP.

On the flip side, I think my counterparty wants to buy even more, at roughly this price. So let me know if you'd like me to put you in touch.

[zack]

Don't rush your trade. That seems like a bad price to me.
Last I heard, it was 0.007 BTC per rep.

[sflicht]

I did the trade and I was happy with the price. It was consistent with all the recent trades on reptrader, and as far as I'm concerned everything above the 2BTC I payed in the presale is just gravy... I've come around to Paul's POV that Ethereum in general, and Augur in particular, is extremely unlikely to gain any real traction.

[Nonstop323]

I still like the idea though I'm definitely one of those guys waiting daily for Augur yup any day now...