/biz/ - Business & Finance

Discuss. Is anyone in heavy on OMG? What type of staking returns are you expecting? I recently redirected my ICX investments into OMG... Hopefully it was the right decision.

>>7253587
Do you even pay attention?

Stop investing in your shitty memecoins, omg earned me pretty much my entire losses from yesterday back already and its still priced lower than it was when I bought my initial batch of coins

Should I buy OMG or EOS?

How did I miss out on this fucking gem? Just picked some up on sale. Into the long term portfolio you go.

I want to buy OMG but I can only buy 10 right now, is it even worth buying that little?

Do you faggots realize that the moment OMG finishes its product its going to dump hard? People will realize that the expected income OMG generates is way lower than its currently inflated price.

Just look at SALT and other coins that release their working product. Dont get me wrong it will pump in anticipation of the release but only a dumb motherfucker will not sell when it pumps.

Why the fuck do none of you talk about OMG? This shit is clearly the future.

> I will just leave this here

The more partners / merchants / other coins / DEX / etc. who will use the OmiseGO network - the more valuable single OMG token will be because there will be bigger demand for approvals inside the network. That means the token value will rise because each token will earn more frequent staking rewards. In theory, OMG token value can rise indefinitely. This is what most people forget to see - they see only the initial value of the token with the set number of merchants and do not add into equation the growth of the OmiseGO network, which affects the value of the OMG token a lot. This is also why the single OMG token will be valued insane high even if the network will produce relatively small staking fees - because the number of transactions will be humongously Plasma big and the rewards from a single OMG token will be crazy.

Kucoin does $180M in volume per day. OMG Network will be doing that PER MINUTE.

Do you guys realize this will be the KCS for the WORLD? KCS applies only to 1 cryptoexchange, which 0.00001% of the cryptocurrency population uses.

In the future, 1-5% of all financial transactions will take place on smartphone e-wallets built on the OmiseGO white-label wallet SDK.

You won't see the Omise logo on the front end, eveything will work seamlessly on the back end. Businesses will use Omise's open platform because it's too hard for them to develop their own blockchain ecosystem. Better to just use what Omise has already built.

Best features:

Omise is an established business in Thailand since 2013.
>They currently have $30 Billion running through their Paypal-like network (OmisePay) every year with the thousands of merchants they have signed up.
>ALL of that $30 Billion in volume will be moved to the OMG Netowork in the next 1-2 years.

Fiat Cash In/Cash Out:
>Go to 7-11 Register
>Hand them cash
>They scan your bar code on your smartphone wallet app
>You now have tokenized USD to spend on OMG network
>Since every ewallet has been built on the OMG network, you can use your tokenized USD on the Everyone Network

Seamless Decentralized Exchage:
>Pay anyone with your currency of choice and they receive their currency of choice
>I pay a Chinese Merchant with tokenized USD through my ewallet to their ewallet.
>OMG decentralized exchange automatically converts it to ETH at the best USD/ETH rate. It then converts it to Chinse Yuan at the best Yuan/ETH rate
>Merchant receives Chiense Yuan in their ewallet acct. Seamless.

(Continued in comments)

You bought the dip yeah?

Can someone summarize what omg does in a couple of sentences?

Is this a shitcoin?

This shitcoin continues going south.

Is it time to let it go?

Hitting the support for the second time, lots of buy orders, here's your chance

is this the floor? How high for OMG EOY?

When should I buy in? How low can we go?

This coin going anywhere.....? Bearish as fuck.

Today is the day. We Stripe now.

Are there any plans for this q1 or q2?

I hold a small stack but was thinking of putting it in ven to raise value then sell and put back in omg.

I don't wanna sell and see it moon though like always happens.

picked up some (100) during this dip
what am I in for /biz/

I'm not even snobbish about being more intelligent than all of you, I'm angry.

WHY THE FUCK DON'T YOU SEE THAT THIS IS THE NEXT ETH

IT LITERALLY IS. THE TEAM IS THE SAME FUCKING PEOPLE

someone's accumulating a bunch of this on trex.

Apologize to your future self for not going balls deep into this