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/biz/ - Business & Finance


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8737712 No.8737712 [Reply] [Original]

I don't know why everyone isnt jumping around for but each OMG token you hold will get you a Cosmos/OMG token that will be tradeable. Oh yeah i forgot most of biz is truly autisitc that works against themselves endlessly

>> No.8737760

shill me some more on this one

>> No.8737789

>>8737760
https://www.youtube.com/watch?v=PUJuqWn88DY&t=1465s

Go to 22 min mark and consider yourself shilled

>> No.8737790

OMG on the Cosmo chain is independent to the erc20 token. Will be interesting to see how its priced.

>> No.8737905
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8737905

>>8737790
So what else is Cosmos used for other than staking and what is going to be the total supply of Cosmos?

>> No.8737914

"The problem, if you can call it that, is that work on Plasma has progressed much more quickly than anticipated. The whole reason we had planned on creating an interim solution was because we did not expect to be able to release anything related to Plasma for several more months at best."

>> No.8737925

I still don't know what OMG does. It sounds like a company. OMG token is a security in the company. Omg has no utility?

When I say utility, ex. Binance BNB tokens get you 50% off fees. What use case does OMG have. PS I love their branding and name, it's epic

>> No.8737936

Is omg a protocol like ETH?

What pricing did you data nerds expect for ETH?

>> No.8737941

>>8737925
Staking. OMG gives you a % of the transaction fees from Omise’s payment network. The more Omise grows, the more money you’ll make by holding OMG. The more money you make from holding the coins, the more demand there’ll be for holding them, driving up the price of the token.

>> No.8737978

i have 550 omg, is it enough?

>> No.8738020

>>8737925
Look of PLASMA and you'll be sweet. Interoperability and Scalability are 2018's biggest hurdles and OMG does both.

>> No.8738025

>>8737941
Do you have any data for the staking % ROI?

(Some of the cash flow tokens I know about are the invoice finance / banking ones. But we don't talk about those on 4chan tho. We accumulate them on the low. )

>> No.8738031

>>8737978
Its a fair amount but you're going to want atleast 1k when staking is implemented.

>> No.8738042
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8738042

>>8738031
>you're going to want atleast 1k when staking is implemented.
I only got 230 of them. I'm not gonna make it.

>> No.8738076

>>8737941

Omises transactions will be fucking minor compared to the other transactions in the network. Its a fucking publick and permissionless network.

>> No.8738080

>>8738042
sell your LINK and you'll be sweet man

>> No.8738089

>>8738031
Alright thx

>> No.8738112

>>8738076
this this this this. When will you all realize that literally we are talking Market Makers fueling the volume for the Plasma Network. Banks, corporations, small business, etc. Anything on the PLASMA network will be able to convert to whatever Fiat, whatever Token you prefer. This project is AMBITIOUS but it is well ahead of schedule.

>> No.8738164

Everything with this crypto is so jargony. I still can't get my head around what the endgame is.

>> No.8738177

>>8738080
I don't own link.

>> No.8738289

>>8738164
LIQUIDITY

>> No.8738571

>>8737712
why isn't anybody getting in on the free tokens?

>> No.8738602

The fact that there's no price spike after this announcement is a very clear sign this coin has absolutely no future.
Other coins are doing 40% spikes in the last few days... Everyone knows this shitcoin is a scam.

Your OMG tokens will give you free tokens on this cosmos chain which let you stake them and still nobody shows any interest in investing.

>> No.8738606

>>8738164
Omisego is a scam. Their end goal is to suck your money

>> No.8738682

>>8738606
pretty sure that's the end goal of 95+% of cryptocurrencies