/biz/ - Business & Finance

>> 19570218
>there are people on this board right now who will read this and not buy in
Yikes

>>19562377
Anon, 1/3rd ETH network’s volume x 1/3rd ETH’s fees will be going through it. It should start rallying to at least 1/9th the price of ETH ($22) once the network goes live in the next week or so. $7 should unironically be piss easy.

The only reason this token isn’t anywhere near that is because people like to meme that it’s a scam, but of course they proved that wrong by making an actual working product with a purpose and becoming the largest payment provider in SE Asia. See you on the moon my guy

Meh it’s ok. We have pretty good social mobility and generally good quality of life, but there are of course better places. Unless you’re born in central London of course, but then that comes with different problems.

I went to Switzerland for a long time last year, was not very impressed at all, and although it’s supposed to be amazing, I found it no better than living in a mid size UK city. The grass is always greener I guess

Also here’s the OMG full chart with chainlink. Notice the similarity and at the moment the product is confirmed not vapourware, the price skyrockets. This is UNIRONICALLY your chance to get in on something solid before a breakout several months long.

>he doesn’t know

OMG my nigga, the OG chink coin that actually is about to break out to the fucking moon

>>19509921
The aim is still all of that. Have you read Vansa’s interview with nugget or whatever it’s called? The chain is only ETH erc20 compatible for now, but the aim is still facilitating payments of all types in SE Asia and beyond.

I would argue they are much closer now that SYNQA (parent company) is the largest payments company in SE Asia, literally the fastest growing economic region with the best suited population for this type of product in the whole world.

Also the point about the DEX - yes they gave up on the front end DEX because no one was using it (it’s a crowded space after all). BUT the back end OMG Network itself is a Dex much like ethereum is a Dex for erc20. The aim was always to make this type of Dex, a Dex for dex’s if you will. They are implementing this as we speak because bitfinex is actually using their network to run parts of their Dex in the back end.

I still think they can do it, they have proven themselves by creating the first scalable on-a-chain solution to ethereum. Don’t forget, over 70% of offchain BTC is held on ethereum anyway, and wth’s market share including erc20 is a substantial amount of the total crypto market cap. Starting with ETH is the best and most difficult part of what they are building.

What would you do to get in back before it mooned?

>OMG
>M
>G

OMG network

>the half pipe is upon us

>OMG to process tether transactions
>CEO Vansa states they are going to integrate with all ETH tether starting with all bitfinex tether
>transaction fees to be 1/3 of ETH chain fees
>that works out to at least 5 cents per token per year if all 140 million are staked
>all erc20 tokens will be able to access the cheaper and faster OMG child chain on ethereum
>total erc20 fees paid annually are 1.6 billions
>if just 10% of erc20 transactions choose to take the cheaper and faster ethereum route, each OMG token will earn $1.14 per year

>current price is just over what the tokens can earn with tech available RIGHT NOW per year

Yeah, I’m thinking it’s back