/biz/ - Business & Finance

Pretty brutal... Jun knows it's failing... wants to put distance between him and it so sells it offfor cheap. Then the new company GBV can bleed it dry for the next six months before it collapses by hyping it and selling off the tokens they got in the sale.
GBV gets a tidy profit and Jun cleans his hands

Will OMG ever head back up? It’s killing me holding this from almost 7$

WHY WILL IT STOP DUMPING!

WHEN WILL THIS PUMP THIS IS THE ONLY COIN I HOLD CAUSE I GOT DUMPED ON BADLY

Will this ever pump or should I put it all in LTC or LINK or ETH? I’ve been bagholding since 6$ it fucking sucks but I thought it would at least go back up as everything else has

Why wont this piece of shit pump with everything else?

Why wont this giant turd run with all the other coins?

WHY WONT IT GO UP?

When’s this terrible piece of shit going to go back up? It’s not even following all the other coins moving

When the fuck is this going to go back up to 6$? Am I better off just switching it all to ETH? My portfolio is 100% omg cause I truly believed it was going to 8$ when it pulled back to 6$ and consolidated well there for a while and I got bogged so badly

theMaskedTrader here.

OMG (omise go) has a chance to pump hard now.

Keep your eyes open.

>Our review uncovered several issues in a highly complex codebase, and more were uncovered by OmiseGo’s development team during the engagement. We highly recommend proceeding with caution: rather than pushing immediately for a full-scale production release, a testnet, public bug bounty, limited release, or a combination of all of these would allow OmiseGo to work out the kinks of the system before it reaches critical mass.

https://diligence.consensys.net/audits/2020/01/omisego-morevp/

Only this really and I sold out at $8 and went all in LINK in mid-2018. I had been about 70% in LINK until that point which wasn't actually that good as it didn't do great in the bullrun. Still got out about even on OMG so doesn't really matter. Shit for the people still holding though.

https://diligence.consensys.net/audits/2020/01/omisego-morevp/

OMG the only moon shot left. ETH 2.0 needs plasma according to the latest Plasma call with Karl Floersh:

"We thought about how plasma fits in with Eth 2. And we found that Eth 2 is actually very compatable with plasma. In fact, Plasma may actually even be a requirement for eth2 phase 2." --Karl Floersh

Also apparently others have had issues with Elixir plasma implementations but Omise has "elixir guru's" that have been able to get around them.

And finally "Of all of us theyre [omisego] probably the farthest along, itd really be great to have something to play with."

OMG will have an ETH like rise EOY.

name a single project with a better fucking admin panel I DARE YOU

Apologize.

BASED GOOK

Talking the mid cap altcoins from last bull run that were massively hyped at the time and saw big gains. Coins like OmiseGO, Waltonchain, Vechain, REQ, Icon, etc.

Obviously ETH/LTC/XMR/XRP and other really big caps aren't going anywhere, but these mid tier projects, wlll they have another shot at glory or will it be a new wave of projects?

unironically will be the biggest gainer of 2019
>le gook scam
>le vaporware

Wasn't this thing supposed to revolutionize the world? What happened? Will I still make it with 5K OMG?

OMG is officially a useless coin

- SEC just charged Etherdelta founder. What that means is Westerners who buy ERC-20 are going to stay away from any DEX. They are the only ones buying this coin. Nobody else is. OMG's "DEX" (which probably won't happen for years) is going to be useless.
-The only thing propping up this coin is Vitalik and his team to scale using plasma

https://www.coindesk.com/as-plasma-stalls-snarks-become-new-hope-for-scaling-ethereum/

>For example, an implementation dubbed minimal viable plasma "has time constraints, is horrible for UI, and is vulnerable to network congestion," David Knott, plasma researcher for OmiseGo, told the audience at Devcon4.

Vitalik and company want to focus on other scaling solutions

There is literally 0 reason to ever touch this coin. Anyone who can't understand this is absolutely deluded and married to their investment. Hopefully you can snap out of it and stop looking through rose tinted glasses. Your money is gone. It's over. Just admit it.

This is a warning from someone who owned this coin back when it was listed on Bittrex at .60c and sold at $9. Could I have sold higher? Sure. But it was clear this wasn't going anywhere

https://twitter.com/Omise/status/1052775184116019201

this mean anything? fuck dis shit

is OMG worth holding anymore?