Awesome analysis! I can't wait for Augur to finally come out.
One thing though:
Right now REP is priced at just under $2.
The average trade price on r/reptrader is around 0.008 BTC so that puts REP at $5.3 right now. I can confirm this from personal experience. Mind you that many of the lower priced offers on reptrader are fakes, as you can easily verify by simply contacting them and accepting their offer (they won't reply)
Sorry, I forgot to edit that part.
I originally wrote this in November on Medium band was itchy to post on Steem.