/biz/ - Business & Finance

>>9103827
If the final revison of plasma gets a q3 or q4 release date on the updated roadmap that's coming soon it's going straight to triple digits. Every staking coin will be shit on by the amount of volume already lined up waiting for the network

>>9104090
I just bought into this yesterday, was going to dump but after doing more research it looks like a solid hold

I pray God, Allah, Thor, Vishnu and Kek to help Jun implement Plasma in early Q3.
Oraise them !

Get in, you brainlets. Here's the email they just sent out:
===========
Omisego, Kyber Network listing and event guide

Hello.
This is Bithumb, global cryptocurrency exchange.

We are listing Omisego(OMG), Kyber Network(KNC) in Bithumb and Bithumb PRO.

Bithumb supports Omisego air-drop according to this listing.
For more information, please refer to the announcement.

1. Listing Cryptocurrency : Omisego(OMG), Kyber Network(KNC)
2. Listing Date :Scheduled for April 26, 2018(Thu) at 6pm (KST)
(Deposit address and event open : Schedule at 3pm)
3. Trading Channel : Bithumb & Bithumb PRO
4. How to trade : Deposit OMG, KNC to Bithumb and trade
(Bithumb PRO trading : Deposit OMG, KNC to Bithumb first
and transfer OMG, KNC to Bithumb PRO in order to trade)

does anyone know whether binance supports the airdrop?

>>9104585
there is no info on this yet.

>>9104638
thanks

>>9104527
Is this real?

>>9104687
yea look on the bithumb twitter ya dingus

>>9104527
good morning. how was the sleep anon?

>>9103827
THERE IS NO AIRDROP THIS IS A SCAM TO GET YOUR PRIVATE KEYS

>>9104817
aaannnnd capped
fucking brainlet.

>>9104817
the ELEC airdrop is real and all you'll have to do is hold OMG in your wallet.

>>9103827
It's pumping over a $.20 airdrop that could be worth a whole dollar one day. I'm dumping on the gooks and buying back after they drop their bags.

Who here held their ETH on coinbase and missed out on the 10x OMG airdrop? Will we ever get those tokens?

>>9105713
>Will we ever get those tokens?
when coinbase eventually lists omg yes

>>9104987
What price you dumping at?

>>9105725
holy shit I had a bunch of ETH in there from late 2016 to late 2017 before I knew learned about biz in november and put it all into pre-moon coins. i'm so glad i didn't trade it away into a bunch of shitcoins like chainlink hahaha

>>9104910
how the fuck do you even decentralize power?

isn't it already produced by giant dams/coal factories owned by the gov?

>>9104910
I bought ELEC on gate.io. Did I make a mistake here?

>>9104987
$1 so what? Even with a large amount of OMG, you still get an almost worthless airdrop token.

>>9103827
>buy the news
hmm this has never backfired ever

I bet we get the hard spoon date soon now that the bithumb announcement is out

>>9104527
I don't get why people care about bithumb so much anymore.More volume is good but upbit has been the top Korean exchange for a while now.

>>9106660
Bithumb doesn't list every shitcoin, unlike Upbit.

>>9103827
>buy the top
stop posting this shit retard you're just gonna make people lose money

>>9105937
Fuck, there's actually real news on this shit? I was hoping to squeeze a few more dollars out of it before it goes back down below 10 again but I guess not. What should I sell it for then?

>>9106838
Buy now, sell tonight. Profit

>>9106824
That is true, I called the bithumb listing when I seen coinone add it. They have a very similar coin spread and policy it seems

>>9105871
>>9105883
i know nothing about the ELEC project, just saying the airdrop is not a scam.

How many of these puppies do I need to retire by 2020? Currently have 900.

>>9106840
some airdrop bullshit + upcoming downward pressure from bithumb pnd. Gonna touch 170k was again, won’t dump to $10 tho

>bought the top
>tries to get bizbros into buying his bags

>>9107660
bithumb wasn't even part of the pump it was all the retards thinking it would skyrocket because of bithumb buying in. It's almost 6am in sk and omg is still trading $1-$1.50 cheaper than anywhere else. It's still bullish as hell with many meme lines forming and vitalik talking about omg again thanks to the coindesk drama it's going to be in the spotlight. Timed with the updated roadmap coming and more news you might see small dips but it has a chance of taking off at anytime

>>9105759
Already dumped 15% last night at .021 BTC and .033 ETH
>>9105909
my point exactly

>>9107870
same here dumped like 65% actually, we going back down to .025 eth? plan to buy back there

It's 6:20 AM in SK.

I was right Biz truly doesn't deserve OMG. Most were shitting on it has shit gains and it's boring. OMG is the only coin that I'm in profit after buying in Jan.

>>9108210
It's hard for me to predict an exact number. We probably won't see .025 ETH until after the snapshot for the airdrop. My body is ready for either a pump or dump after the ELEC AMA. Which is why I won't risk any more than 25% of my position.

People are already paying a $5 mark up for spare change in an air drop. The cosmos hard spoon will actually be valuable, so I'll be going all in for that.

>>9108898
Is there a date on that?

>>9108977
Sometime in Q2 no exact date set. They will give us a 2 week notice before it happens.

Pendant on the 4h. This baby's got juice

I bought at 240k

im fucked huh

>>9109106
long term.... no

>>9103827

>>9109133
Shouldn't it be "bank the unbanked"

ready for your $.0001 dividends?

>>9109133
Why would you "unbank" someone who already has banking? Literally did they fuck up their slogan?

>>9108898
should i just buy back now with a 26 OMG profit?

>>9109217
Yes

>>9109176
Oh so you have no idea what the token does. Do you always make comments on things you know nothing about?

>>9109172
fee's don't matter the metric ton of transactions being processed on a daily basis will. It's still not going to be .0001 but enjoy coping

>>9109172
Do you fucking realize how many transactions are going to be run through this network? People using the system as a bank, people using the system to trade crypto, people using the system to process payments from cyrpto to cash without the merchants knowledge, people uploading fucking gift cards to trade, touch in/out ATMs, people using the system as a money transfer, etc, etc, ECT. If the fees are a penny, that will mean traditional competing systems are going to be undercut by 99%, and would be forced to switch to OMG or get raped by competitors. Either this is some shit FUD, or you have no idea what the token actually does.

>>9109768
I think I may dump all my non btc positions and get into omg, it’s one of the few tokens that will be around for the long run and I’m sick of all the shitcoins.

>>9109217
I'm dipping my toes in to be safe. You should go wild.

>>9104090
I can't wait for staking.... drooling...

>>9110054
I’ve worked in the payment processing and money transfer industries. Trust me when I say this: OMG is going to be a once in a lifetime opportunity. Their competitors are JUST NOW starting to explore blockchain. They have such a huge head start that it’s going to be impossible for anyone else to compete for at least 2 years after OMG gets up and running as long as they hit their roadmap targets. In addition to this, they are providing liquidity to any closed loop system you can think of (gift cards, ect) as well as a target market that traditional systems have no access to. In africa alone there are over a billion people without access to traditional banking systems, in conditions where they don’t trust a bank or their government to manage their money. OMG is going to cause a disruption of financial markets on a global scale that will be unprecedented in our lifetimes.

>>9108210
When is the snapshot?

>>9110663
DFS I CANT BELIEVE I SLEPT THRU THIS OPPORTUNITY TO INCREASE MY STACK

>>9103827
WHERE MY OMISE GODS AT??!! THIS PUMP IS JUST THE BEGINNING
>STAKING
>PLASMA
>HARDSPOON
ALL COMING SOON

>>9110657
There's tons of people writing stuff like this about every shitcoin but I really want to believe it about OMG. It's obvious how many people don't grasp this project fully.

>>9107870
If it goes back to .021 range again will you dump more

>>9110657
Does this project look any good?
https://pesabase.com/about.html

Pesabase was conceptualized to leverage the ethereum based OmiseGo (OMG) blockchain, along with broad access to the internet and mobile technology in Africa, to provide a platform where people and businesses have access to secure, low-cost and real-time financial services.

>>9111338
It's literally going to help an estimated 1 billion people without access to financial systems in Africa start banking their money and get away from corrupt government cash.

>>9111270
The big difference is omise already processes billions yearly for over 8k merchants and has an established reputation in that area of business. Every other coin/token is TRYING to be successful when omise already is and continuing to grow. They won't be able to touch what omise is already bringing let alone keep up with the growth

>>9103827
depends on the news itself. if the ratio of the airdrop is something like 1:1000 then it will pump

>>9111375
This. The financial sector has probably the most legroom out of any space in Crypto, and Omise/OMG has a HUGE jumpstart on everyone else. First one to get established in this area is going to be king.

>>9111397
no one is going to want to pick a startup with no rep over omg. Plus having money skelly and poon building developing everything with you brings enough pull even if omise was just some shitdick startup

Can someone explain to me what OmiseGo does? Thank you!

>>9111375
I posted a shill thread, and am getting educated in the coin. It actually does sound like a long term keeper lol

>>9111462
Nothing. Don't invest in cryptocurrencies at all if you are this lazy. You will lose everything within a few weeks. Do yourself a favor and stop now.

>>9111462
fucking google, probably

>>9111480
So what does it do?

>>9111498
stops world hunger

>>9111462
nothing
its just a staking token to earn dividends lol

seriously

If you dont have OMG get on ELEC, faggots

>>9111462
The token itself is collateral for staking which gives you rewards in the form of fees collected from transactions on the omg network. The omg network will be a plasma chain on which users automatically exchange currencies when they pay for something using the white label wallet that omise created for clients. Regular users won't know they're doing all this, they just pay with the currency or crypto they have and the payee gets it in the form they want.

>>9111544
75k ELEC and 500 OMG checking in

>>9111583
Isn't that what Request Network is supposed to do? Why would anyone want REQ tokens instead of OMG tokens?

>>9111462
>Building plasma alongside vitalik and poon bringing 1m tps that's technically scaleable to billions of tps using PoS.
>The wallet sdk is white label meaning anyone can use the network to verify their transactions with no formal partnership, that's why mou's (shinhan bank / goverment of thailand) are a bigger deal than some people think.
>Already runs a processing company with billions processed yearly coming to the blockchain
>Proof of concept will be a "multinational conglomerate"
>Banks,15 financial institutions and more that's under nda coming to the network
>Met with the owners of coinbase
>Anyone who fuds omg is clearly an emotionally invested retard who cannot accept facts
This last one is a stretch but there is a chance
>Strong possibility japans national cryptocurrency j-coin will run on the network

>>9111600 (checked)
You are gonna make it

>>9111462
Makes you rich

>>9111603
>>9111586

are you the manlet nigger

>>9111613
because Omise already processes billions and will be able to transact their existing customer base with their new, faster network

>>9111625
Nope! White guy here ;-]

>>9111616

Oh man, omg is going to be so big... my body is ready lads.

>>9111613
https://blog.request.network/omisego-vs-request-network-a-detailed-analysis-779d1f66675b?gi=c811b0bd904c

not the same, coming from REQ themselves

>>9111638
Ok then what's your father's name?

>>9111693
Joseph Spoon ;-)

>>9111619
EOY predictions:
ELEC $1.30
OMG $180

>thinking your 10k OMG will matter when over 100m OMG will be staked

kek

>>9111643
how tf does this image work

>>9111613
Req is different and a total joke of a project.

>>9111701
kek elec is set to hit $1+ in a matter of 2-3 months and omg will be pushing triple digits similarly to eth so you can expect much more

>>9111856
>he doesnt know what happens to coins on KuCoin.

>>9111856
very optimistic anon. it could certainly happen. but a lot would have to go right.

still comfy though.

>>9111917
please consider this shilling

Original list
>Electrify has been in business sucessfully since March 2017 and is the first energy marketplace in Singapore and South East asia.
>Already working product that produced $4 million since being in business
>Singapore liberalized their energy market in 2001 but it could only be purchased commericially new regulations in 2018 will allow domestic purchases
>Marketplace will feature commericial retail contracts, p2p energy, and conventional energy providers.
>p2p energy trading on enabled on the national grid
>Proof of concept being done with "one of the largest power companies in Singapore"
>Working with regulators in Singapore to be part of the development sandbox when regulations are changed to allow any retailers later this year
>Conducting trial with one of the largest power companies in japan.
>Running on plasma
>Good circulating/max supply
>Singapore currently has 27 retailers producing 49 TWH worth $5.42 billion - pre regulation change
>Japan fully liberalized their market in 2016 and now has more than 400 retailers producing 934 TWH worth $103.31 billion
http://www.businesstimes.com.sg/energy-commodities/singapore-electricity-sector-to-see-shake-up-with-full-liberalisation
http://www.businesstimes.com.sg/government-economy/ema-plans-sandbox-for-new-energy-tech-and-business-models

More recent updated list
>Tepco partnership #4 in the world
>On channel NewsAsia multiple times already. 56million viewers in 26 countries
>Will have first movers advantage bringing together everyone looking to buy/sell/trade power on one app like autotrader but for power

Still 0 major exchanges yet on either side of the world. Asians will bring most of the volume since it's already popular over there but it's gaining traction pretty much everywhere

>>9111917
? I only got on the Kucoin so I could get my hands on ELEC

>>9111705
retard

>>9111996
and to add on one important bit take into account that %70-90 of the supply will be locked in staking contracts generating passive income. Omg will be scarce as hell if it all goes right

>>9112038
oops meant for the omg post >>9111616

>>9109768
>Do you fucking realize how many transactions are going to be run through this network?

No guarantee anyone will ever use it, considering Omise has no customers for their fintech products.

>0.00001 transaction fees
>their head of product LEAVING to create a fucking start up
Why are omisegoys so pathetic?

>>9112112
Except for the 8k+ merchants omise already has, shinhan bank, w/e the multinational conglomerate is, 15 financial institutions in multiple countries, and dex everyone knows of.

You're either misinformed or coping with some heavy shitcoin bags

>>9112139
pathetic is pasting half-assed FUD on a siberian bird watching forum

>>9112139
he was the fucking marketing guy that was only used for hosting the townhalls on youtube kek

>>9112139
>needing attention this bad
how pathetic is your life?

>>9111362
ok afrikaan
take a pic of your id and a recent electric bill. if you don't have one a recent statement from your macy's credit card will suffice. this will create your coinbase account. from there buy BTC and send to an exchange. you'll have to verify there to. then copy and paste your address off the exchange and send the btc to your exchange wallet. don't mess it up because it will be gone forever. after $40 in fees and 2 hour wait time, set a buy order for some OMG. then immediately watch the price tank. quickly sell to limit your loses. are you getting this, mutumbo?

>>9109172
How the fuck can you calculate anything. There are no numbers yet. And as soon as we get numbers they will grow from there.

>>9112217
a bit easier than that
>steal smartphone
>download app
>send/receive money with direct fiat deposits or fiat added via prepaid card
I think they can handle it

>>9112154
>Except for the 8k+ merchants omise already has

Read my lips, Omise hasn't sold a SINGLE DOLLAR worth of fintech services to any real business, ever. And you can't disprove this, because the only "deals" they have are nothing but vacuous partnerships of no business revenue or consequence.

Why do you think they turned to pandhandling from cryptofags.. err I meant "crowdfunding".

>>9112251
>i think they can handle it

stealing the smartphone, yeah

>>9112259
Definite troll or brainlet but either way stay poor

>>9111616
Cliff predicts omg adoption by state actors for payrole. Japan will be one of them no doubt.

>>9112259
closed ICO. try again.

$725MM in volume today. how can the price not move harder with that insane volume?

>>9112259
>errr durrr hurrr
Kys nigger

>>9112321
$9 2 weeks ago when the market took a dump it's doing great

>>9109709
Nah but thx for being retarded and not answering anything.

Again. Why is it unbank the banked? That's reversed they should want to bank the unbanked. Did omg fuck up their slogan?

>>9112217
you have no idea how any of this works. please leave thread

>>9112347
Well unbanking the banked makes sense too cause banks are cancer

>>9112347
>Why is it unbank the banked? That's reversed they should want to bank the unbanked. Did omg fuck up their slogan?
the whole point is that we can be our own bank.

>>9112347
dumdum unbank the banked refers to businesses and organizations having to rely on banks. Bank the unbanked refers to the millions of people who still rely on fiat and don't have easy access to a traditional bank or an easy way to pay bills but they do all have smartphones. They have used both slogans before

>>9111997
Everything on KuCoin pumps hard then dumps massively.

How much OMG do I need to make it by 2020?

>>9111603
e l e c t r i c i t y
c o s t s

>>9112431
500

>>9111613
Since no one answered you I will.

Request is a decentralised payment network which wants to be offer automated invoicing, accounting and auditing services.

You can think of OMG as a giant decentralized bank. At its heart, is a giant decentralized exchange, that will be able to swap anything with a perceived value for anything else. For example, if I fly to Japan, I can buy sushi and pay for it with Starbucks gift cards, and the merchant receives it in yen. The merchant is not aware of what is being used, only that they are receiving their asking price for the item in the currency they want. Since it’s white label, the merchant likely won’t even know the exchange has been processed through Omise Go. The dex Is the heart of this process. Transactions will be extremely cheap. This segweys into their slogan to bank the unbanked. I don’t want to go over the economics of SEA but currency exchange is a big deal there. A lot of people dont use banks, but everyone has a smart phone. Same with Africa and other countries. OMG provides them with a safe way to store and transfer payments. So in addition to processing over 2 million transactions per second, which beats then DOGSHIT out of any credit/debit processor (visa, ect), in addition to them undercutting everyone by 75-80%, they are also going to be able to access billions of customers that the current system has no access to.

>>9112456
500 is absolute bare minimum
Im trying to build up to 1000

impending breakout possible anytime tonight sleep tight boys

>>9112525
where did that support line come from? Your ass?

>>9112516
buy ELEC and flip the inevitable 5-10x back into OMG. just pray OMG doesn't hit mars before that.

>>9112562
Could you at least bother to look at the chart without 5m candles and zoom out a bit before you make yourself sound retarded?

>>9112615
retarted*

>>9112562
If my ass includes trends since January yes

>>9112638
oops pic

>>9112615

5 minutes later, the breakout commences.

Nice.

>>9112667
Don't get to excited yet this could be drawn out over the next few days

>>9105871
There are a lot of publicly traded utility companies. In SoCal you have SoCal Edison which is publicly traded.

Here we go boys

640 OMG, still far away from 1k OMG ;/

>>9112707
Trying to dump at 230k you think I will get that soon?

>>9112735
>selling omg under 1k
Nope

I think by 6am eastern, yes. That's AMA

>>9112754
In order to rebuy.

OMG AMA in May.

>>9112776
fucking source?

>>9112767
We're reaching a point where it could shoot to $50+ anytime or some other ridiculous floor. Too risky for my tastes to daytrade atm

People are gonna FOMO in when they announce the ELEC + OMG airdrop details

>>9112791
>>9112776
nvm. here. https://mobile.twitter.com/ElectrifyAsia/status/987549528038543363

as an OMG and ELEC holder i'm hard

>>9112798
Smart man.

>>9112525
What fucking timeline are you on?

>>9112825
Elec has had one of the strongest starts I've seen in a while. Still under 2 months with no mainstream exchanges and its got so much going for it already

>>9112791
>>9112776
This one

https://twitter.com/JUN_Omise/status/989694163359744000?s=19

"Special AMA" for OMG

>>9112864
1d

>>9103827
How many elec per omg

>>9113019
unless your holding 1m omg you're better off putting 1 eth into it

>>9113059
are you fucking DUMB? I bet that airdrop will be worth a sweet amount if you hold more then 500 OMG.

>>9113126
unironically bought 100k at .06 so no. enjoy the neetbuck gains

>>9113059
>>9113126

I have 1130

>>9113176
Enjoy the dump when everyone wants free coins by holding OMG

>>9113261
I'll enjoy waiting for the easiest 100k possible in 2-3 months

If this was last summer, the partnership this coin got would already put it in top 100.