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/biz/ - Business & Finance


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19987620 No.19987620 [Reply] [Original]

One day left.

>> No.19987652
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19987652

>>19987620
that's just when the tether is being swapped back to erc it still could be another week after that for the usdt volume to actually be active unless they are doing it all in one go. Either way it's happening!

>> No.19987656
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19987656

Oh boy, is it really happening tommorow?

>> No.19987726
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19987726

>>19987652
Please no more goalpost moving I can't take it anymore.

>> No.19987747

Why cant I find any news about this? Can someone link me up with something

>> No.19987758

>>19987726
Anon, I...
>>19987652
You have to go back

>> No.19987811

PIECE OF SHIT
PIECE OF SHIT
PIECE OF SHIT

>> No.19987843
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19987843

>>19987747
https://omg.network/bitfinex-usdt-tether-omg-network/

https://twitter.com/paoloardoino/status/1269937199153373185
>picrelated

https://twitter.com/Tether_to/status/1275086995493191681

>> No.19987879
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19987879

>>19987843
there were even hints that everyone missed during a tether conference
>Soon(TM)

>> No.19987886

>>19987879
Define “collaboration”

>> No.19987925

>>19987886

Moving billions in daily volume to OMG network

>> No.19987945
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19987945

>>19987886
I'm not the CTO so how the fuck do i know. OMG is solving their congestion issue and saving them an ass ton of money. If anyone thinks that the volume is only going to include the Bitfinex erc20 usdt forever they're smooth brained. It will be all of USDT once everything is done.

Oh and remember the coinbase leak about USDT? They used to shit on USDT to boost USDC... why do you think they are showing interest now.

>> No.19988021
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19988021

and don't forget about Toyota
https://www.tfsc.jp/news/2020/200622.pdf

If you translate that you'll see this
>we will utilize SYNQA's payment service and blockchain technology to accelerate TOYOTA Wallet service content expansion, white label and global expansion.
>SYNQA's payment service and blockchain = OMG

>> No.19988096

Seriously OP, explain something to me. Why do you think people give a fuck about saving a few pennies. No one is going to pump your shit coin just to fulfill “muh scalability” meme

>> No.19988127

>>19988096
this actually made me laugh, thanks anon

>> No.19988147

>>19988096
https://dailyhodl.com/2020/06/24/closing-in-fast-a-look-at-rising-ethereum-transaction-fees/

Imagine not wanting to save millions a month in fees.

Holy shit I knew fudders were retarded but you really are the poster boy for why the Hitler wanted to gas all mentally handicapped people.

>> No.19988152

Ya, how much value appreciation did tron see when they integrated with tether?

>> No.19988165

>>19988152
Negative. But if they were capable of basic reasoning they wouldn't be holding reddit bags in the first place

>> No.19988169

Dude nobody is using a shitty Thai company to transact their money on.

The savings from tether and crypto will be a fraction of a fraction of a percent. Even then omise holds a majority stake. You are never making your money back on this scam. Now sage

>> No.19988187

>>19987656
it's Monday tomorrow, which mean we are about to enter into next week.
gonna be great.

>> No.19988196

>>19988169

The savings will be 66%. This is probably why you work a shitty retail job day trading <1MM marketcap coins. Faggot

>> No.19988232
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19988232

Omg has been playing 4d chess for years and people will want to kill themselves when they realized they could have got it for $1 or less not to long ago. The gains are going to be intense and rapid like Tyrones thrusts into matic Indian clones and zkrollups women.

>Low 120m circulating not including omgs staking bags
>ran by an existing fintech company not some shitty wannabe startup
>massive amounts of tokens locked in staking contracts in a short time frame. Anything past %60 is drastically going to affect supply and demand.
>tether and toyota are the first two public use cases out of hundreds+
>exponentially rising transaction volume on the network increases rewards for staking while overall supply starts to dwindle sending the price to triple digits
>same security as eth since it's actually a childchain not a sidechain
>1/3rd of the fee for transactions compared to eth, will be even lower in the future
>fast as fuck
>4300 tps to start, can blow by 100k tps with a handful of more childchains setup, speed exponentially increases per chain
>if eth gets faster due to sharding plasma(omg) gets faster at an even bigger ratio.

>> No.19988236

>>19988196

I don’t trade any alt coin. 99.9% are scams with the exception of less than 5.

Bitcoin is the only thing worth holding. Nobody is using a fucking coin called OMG and you have no ownership or stake in their actual company value.

Enjoy being scammed

>> No.19988253

>>19988236

You're kind of a fucking moron. Fuck off you failed abortion.

>> No.19988255

>>19988232

>Toyota partnership

Remember McDonald’s and shinhan card? How’d that work out for you? Falling for the same bullshit over and over.

Also tether ran on tron and it did absolutely nothing

>> No.19988269
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19988269

>>19988232
>100k tps
How the fuck could anyone ever use or need this level of throughput? You’d need like 100 billion people on Earth to actually need that amount of transactions.

ZK tech outperforms OMG in every other aspect, and the one area plasma is “king” isn’t even realistically useful

>> No.19988274
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19988274

>>19988236
BTC maxipads that have no idea what they are talking about are getting shook by ETH and plasma as usual.

What will you do while wrapped BTC continues to rise? Better get the heavy flow pads on the next trip

>> No.19988278

>>19988253

The only moron here is you sadly. Shilling your bags for a Thailand erc20 token

>> No.19988293

>>19988278

Why are you still here? Stay poor with your .0025 btc

>> No.19988304

>>19987620
Why wouldn’t this be priced in?

>> No.19988316

>>19988274

Bitcoin is the face of crypto. It’s the majority interest in investors and retail along with derivatives markets

Eth has a use case and even with that can do everything omg wants to do. Omg There’s absolutely no need to have 100k tps unless this bag of shit was running every single financial transaction across every channel. That will never happen

>> No.19988381
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19988381

>>19988269
>ZK tech outperforms OMG in every other aspect
Good job drinking the pajeet koolaid and deepthroating their dirty cocks. The only thing that ZK has on OMG are the exit periods and smart contracts (which omg doesn't need). The rest of that is bullshit theoretical numbers.

Enjoy your slow abomination pajeet clone.

>> No.19988415
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19988415

>> No.19988695

>>19988415
>skateboards
>McDonalds partnership
>taking pictures in Google's Thailand office lobby
>and now waves and momentum tweet

the faggotry knows no limits with this bunch.

>> No.19988739

>>19988695
>Mcds was real
>hyperspeculation by a few autists on /biz/ discredits a company?
Mad you bought at 20+ at the start of development because you fell for an autist meme? Or is it that you're just holding shitcoins.

>> No.19988740
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19988740

>>19988695 Cope

>> No.19988794

>>19988739
>Mad you bought at 20+ at the start of development because you fell for an autist meme?
nope

>> No.19988805

>>19988269
This stats are fudged, not surprising considering ZK Sync is a competitor. The stats in that table are complete bullshit

>> No.19988889
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19988889

>>19988695
>hoes mad

>> No.19988986
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19988986

>>19988889
I can't even believe some of these crypto based startups think they can compete with a fintech company that's already 7 years in ,won multiple awards, and has a metric fuck ton of top name merchants and partners. Faggots are about to get steamrolled by a tsunami of use cases while their startup struggles to find it's legs let alone use cases.

>> No.19989024
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19989024

>>19988255
see >>19988021 so the toyota financial site is just posting lies? kek
and the rest is still coming you dumbfuck everything is just starting to go live
stay mad cuz mad

>> No.19989070

Nobody gives a fuck about your fringe coin's technology roll outs.

Speculation and greater fool theory is the only thing that matters. Can i sell this trash to someone else at a higher price tomorrow?

>> No.19989175

>>19987620
Don't fall for this scam anons. If you're wondering why the price is still tanking, it's because this token has more underwater bagholders than you can imagine. They will just keep dumping on any attempts to pump this dogshit.

>> No.19989281

>>19988253
If this is representative of the common OMG holder (it is, I’ve seen these annoying threads for weeks), then there’s no way I’d want to be in the same cohort as them. Have fun holding those heavy bags only to I lift them when it hits $5 in 10 years.

>> No.19989334

First off this is priced in. Secondly if the token is used as advertised then the price should drop by 66%, not increase!!! Basic eight grade mathematics.

>> No.19989342
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19989342

>>19989281
this means so much coming from some btc maximalist faggot. Have fun watching your supply get wrapped and network become useless.

>> No.19989401

Yeah this project is fucked up. I got kicked from their telegram. Some of those idiots bought in at $28. Omisie distanced themselves from them when they dropped the name to OMG Network. Plus most of the team work in a different serviced office and are just Bangkok hipsters who are more interested in been seen in the cool nightlife areas and their Instagram likes.

>> No.19989416

>>19989334
>pricing in volume that will set the baseline for staking rewards
lol
>should go down %66
Are you fucking retarded? The transaction fee is %66 cheaper to start compared to eth and its dynamically set it has no way of impacting price overall. Soon it will be even lower and there will be more options in fee selection like dao, eth, and others. How much paint did you huff today? Was it at least sparkly?

>> No.19989486

>>19989401
oh look it's that dumbass faggot repeating the same thing from the telegram before he switched to shilling ZIL as the better product and got kicked for being an absolute retard.

>Omisie distanced themselves from them when they dropped the name to OMG Network.
Holy fuck look at that distancing I can't believe they renamed it from OmiseGO to OMG network just like the ticker they use. Clearly distancing themselves especially after forming SYNQA which oversees Omise and OMG. I couldn't say what I wanted to you in the telegram but I can now, you're one of the largest smoothbrained retarded cunts mad about OMG. Enjoy your shit ZIL bags.

>> No.19989531

>>19989334
It’s not, the dynamic fees change hasn’t happened yet. Once it does, it will change the fees from being a fixed rate of OMG (.07 OMG per transaction) to 33% of ETH’s gas fees. It will no longer be an incentive to keep the OMG price low, and when staking occurs in the next few months exchanges or partners can earn money back by staking their tokens. It really is as simple as waiting for this fee change to happen.

>> No.19989677

>>19989334

>basic mathematics

American educational system everyone

>> No.19990466

>>19989531
>It really is as simple as waiting for this fee change to happen.
I know the answer to this, but I have to ask: are you going to admit you’re wrong when OMG is trading at $1.38 on Tuesday?

Are you going to stop posting at that point?

Please?

>> No.19990481

>>19989342
Stay poor chasing shitcoins. In your last breath before you neck yourself for being underwater on this investment will be “OMG”.

>> No.19990513

>>19987620
is the google thailand partnership tomorrow anons? it's been so long

>> No.19990923

>>19990481
Keep holding the stone age of crypto tech maxipad fag

>> No.19990934

>>19988236
lol

>> No.19991031

They call it omg because you lose all your money and the. Say omg lol

>> No.19991124

>>19989281
OMG are genuinely the most obnoxious bagholders. Bunch of fucking cunts. You probably don't remember them in 2018 when they had this paranoid schizo campaign that every "fudster" was one black midget blogger posting under hundreds of vpns

>> No.19991601

>>19991124
>they had this paranoid schizo campaign that every "fudster" was one black midget blogger posting under hundreds of vpns
OMG really does bring out some of the worst shit in crypto.

The migger accuser was doing that bit for YEARS. There was that other guy who lost like $75k and his wife divorced him and he relentlessly threatened the OMG team and started his own subreddit to post it every day.

The fucking coin gets people going

>> No.19991844

>>19991601
Bullish

>> No.19992025

>>19991601
>There was that other guy who lost like $75k and his wife divorced him and he relentlessly threatened the OMG team and started his own subreddit to post it every day.
wasn't that neobag? kek

>> No.19992155

>>19991601
Oh no is this me in 2 months?

>> No.19992320

>>19989334
>>19992155
You are legitimately retarded muh basic math

>> No.19992366

>>19987620
Unless Bitcoin does something big on the same day, then nothing will happen.

>> No.19992380

>>19992366
If bitcoin crashes so does omg and every alt coin

>> No.19992490

>>19989486
Yeah it's me faggot I made 250% return riding that ZIL hype before i cashed out. How much have you lost since then Jared Cunningham you fucking useless cunt. Get back to noncing kids in Thailand. Faggot

>> No.19992552
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19992552

>>19992490
>I made so much money that I was desperate enough to shill my bags in another tokens channel
Kek

>> No.19992658

>>19989486
This Pedo bought at over $20 he told me he hoped it would support his nonce lifestyle- hahaha

>> No.19992683

>>19992552
I sold OMG so was pumping my coins- basic shit you nonce

>> No.19992715

>>19992320
Cope more bags getting heavy pockets full of spaghetti jk you have no money cuz omg went to zero you if you kiss my feet I’ll forgive you

>> No.19992720

>>19992683
So optimistic about zil and all your gains that all you do is act like a transparent bagholding nigger desperate to shit on omg. Stay poor fuckboi.

>> No.19992752

>>19992720
It really is that easy in crypto- you should know that you nonce.

>> No.19992901
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19992901

>>19992752
>being this desperate and mad
Kek please keep bumping the thread with your butthurt and uber zil gains

>> No.19992994

>>19992901
They're in tether waiting to pounce and ride the next hype train or scoop up bargains - keep hodling those Thai nonce coins. Fuck me the OMG fags are disillusion nonces. They even send you dick pics in DM's

>> No.19993026

>>19992994
Mad
a
d

>> No.19993032

inside info- Vansa has a horrible outie beef sandwich pussy. Yuk

>> No.19993126

>>19992752
>>19992994
>>19992683
>>19992658
>>19992490
you sure are big on mixing in pedophilia in all of your comments are you sure you aren't projecting a bit mr pope.

>> No.19993142

>>19993026
Smug
m
u
g

Yes- Deal with it loser

>> No.19993185

>>19993126
No your just all sexpats who bought because you nonce around Thailand Waing to everyone with the stupid grin retard face. Obvious from 10 mins in that tele group.

>> No.19993225
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19993225

>>19993185
>>19993142
>>19993032
>>19992994
>>19992752
>>19992683
>>19992658
>>19992490
>>19989401
>The level of desperation of Zil holders

>> No.19993307

>>19993225
Fucking kek

>> No.19993335

>>19993225
I don't hold ZIL it was a social media hype train that was worth the ride. If you can't get your thick boomer sexpat head around that then you should join the Bangkok flying club.

>> No.19994609

>>19993335
That's why you were desperately shilling it in the omg channel just a bit back

>> No.19994631
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19994631

THIS IS IT BOYS

I LITERALLY HAVE BEEN SITTING ON MY SACK SINCE 2017

IT'S OUR TIME ONCE AGAIN

>> No.19994744

>>19994631
I'm literally shaking right now

>> No.19994802

>>19994631
The amount of nostalgia in this meme takes me way back
Welcome back omisebro

>> No.19994843
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19994843

>>19990466

>> No.19995339

>>19987620
ETH 2.0 makes OMG entirely obsolete.
enjoy watching your bags go to zero, jackass.

>> No.19995351

>>19987925
t. hopium the post

COPE

>> No.19995410

>>19995339
I don't think you understand how this works.
OMG offers a layer 2 scaling solution.

>> No.19995650

>>19995339
if or when eth 2.0 launches it will only make OMG faster since its a childchain. If omg currently does 4300tps and eth gets 10x faster than omg will be capable of 43,000tps

>> No.19995678
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19995678

>>19989334
>he thinks the price of a token is based on the percentage it saves on transactions
Biggest retard I’ve seen on biz this week.

>> No.19995760

is this meme still going on? wtf

>> No.19995771

>>19995339
1. ETH 2.0 doesn’t make it obsolete. OMG Network is cheaper and faster than the ethereum main chain because it’s a child chain plasma solution. If and when ETH 2.0 is ever needed, the billions of transactions going through it will generate massive amounts of gas fees. Those fees will always be lower with OMG Network.

2. ETH 2.0 is a mess and will take years to develop anyway. That was before OMG Network went live and solved the congestion problem. Now there will be little appetite for ETH 2.0 as the network will no longer be congested.

>> No.19996126

You can tell by the amount of shilling and toxicity that it’s the same fags from reddit and telegram here.

2018 was the nail in the coffin for this scam. So much under delivery and constant changing of roadmaps. The best was when the team market dumping as soon as their coins unlocked after a year. I immediately sold then and the price dropped another 80%+ since then. I got in at 3 bucks back in July 2017 and missed a good 8x on this scam but made over 150% in a year so I can’t complain. Alt coins are 100% greater fool theory. Anyone still holding this dog shit got robbed blind

>> No.19996157

>>19996126
spoken like a true btc maxipad faggot

>> No.19996166
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19996166

>>19995760
Some memes are eternal.

>> No.19996264

>>19996157

Post your portfolio so I can laugh at the amount of stress and money you lost over 3 years because you held this shit thinking it would go to triple digits. I’ll wait

>> No.19996528

I just bought 500

>> No.19996764

Too slow and soon to be outflanked by other scaling solutions.
My favourite post was how they've been playing 4D chess over the last few years. Hah we had insiders here telling us of the chaos in the team in mid 2018 and we all sold aroudn $10. Must have been fun holding it down to $0.50.

>> No.19996801

>>19996764
Too slow? It’s the highest tps available for ethereum.

Care to name a better ETH scaling solution anon?

>> No.19996867

>>19996764
>he actually think's there is a superior scaling solution at the moment.

Literally mentally handicapped.

>> No.19996890

>>19988232
>A lot of staking assumptions
Staking is a meme. There's no roadmap and there are no details on how this would be expected to work. No reason to assume this will be available any time soon, much less lock up many coins.

>> No.19997290

>>19996890
WTF are you talking about? It's heavily documented. It's even functional to a large extent.
Have you even looked at the github repos? You can literally run the code yourself. Staking is not a far away story at all.

>> No.19997523

>>19996890
They are waiting for the network to pick up steam before staking, that’s primarily why they said staking will be introduced a few months into the network running. The docs are live as the other anon said and you can check the code for yourself. That’s what a responsible, international business does, they don’t just release something without checking and testing for months.