![tech-724x384.jpg](https://steemitimages.com/DQmVVttccN1A8AJ7e9ZgN9wY8i3MNtT2hgkdjXGCv8t28fg/tech-724x384.jpg)

Of course we won't sit on the sidelines, because we  know from experience
that a bull market in a bubble phase can often continue for a longer period
than everyone expects.

![augur-project-bets-on-future.jpg](https://steemitimages.com/DQmUKSbzkhQuVUjH7RcEy5r28f8f3iW5VAYMX8zRfb5f82Z/augur-project-bets-on-future.jpg)

It is not because the sentiment has changed, everyone
is positioned in this market.
We suspect that many investors are only now
are about to step in and that always brings the biggest increases
with it.

We obviously do not want to miss it.

Augur, or REP for short, is a so-called 'prediction market platform', or one
open market for future outcomes, where participants can bet on the
possible outcomes, or shortly through the turn, a gambling platform.

![gambling.jpg](https://steemitimages.com/DQmPVdU7D4fbGbfV5mSuSaCUqPY2gTwoLFdG4eZAp6z3wYz/gambling.jpg)

We now know
that the gambling sector is one of the largest online sectors in size, but there
still little attention is given to it.
However many have
Today's internet millionaires earn their fortune with online gambling portals.
The reason is that there is a lot of profit to be gained from gambling and much less
for example a regular online shop.
 Because there the competition rages enormously,
by big players like Amazon, while in the gambling market every platform generates great wins
can rake inside.
Here the competitive pressure plays a much lesser role.

![download (5).png](https://steemitimages.com/DQmNw8zRVi2LY6atrLgEzXSKcQP8pGywUt8QpRxhePryN85/download%20(5).png)

The reason why we looked at Augur for a long time, but not yet
act on, you will mainly see on the Chart above.

We waited all the while for confirmation from the market. In the last week, finally that hoped for
breakthrough. The price of REP was due to the resistance of 40 dollars, to be paid immediately
double in the days after.

The platform announced important updates for its User Interface, an important development in the rollout and adoption of a prediction platform, since the 'wisdom of the crowd' is an important condition for working well, namely many users.

There is also an important update of the White paper, which is full
new developments will be.
In short, the market sees Augur to the
to evolve next phase, in which the general public will be attracted to it
network.
 In other words, the network effect will reach a higher level in 2018
shoot and you now know what this has for effect on the market value.

Augur is not the only prediction platform in cryptoland, but it is it
most popular. This is also important in a network-driven environment. Top men from
both Coinbase and Ethereum openly expressed their preference for Augur. That
last (Vitalik Buterin) even named it one of the most interesting projects
Ethereum and possibly the 'Uber of knowledge'. Those are strong statements, of one
such person in the crypto market. That is why we choose Augur.

![Naamloos.png](https://steemitimages.com/DQmTUYDMoChyQPBNiTauKVrZEYDBazt7ZXQXdyGY4mJ3QF1/Naamloos.png)

The current market price of Augur is 78 dollars,  we expect a further increase in the coming months, but
try to be smart with this purchase. We are no longer in an early 
market phase, which makes an informed purchase currently under discussion.

in other words: do not use all the resources immediately, but work smarter.
Buy a good position now, but keep some powder dry for later.

Disclaimer: All stock recommendations and comments are the opinion of writer. Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal ownership, may influence or factor into a stock analysis or opinion.