/biz/ - Business & Finance

[Anonymous No.9816859]

>Not going all in on OmiseGO

You're not retarded, are you? This is literally the only utility token that matters in the end.

[Anonymous No.9816872]

>>9816859
>*a wild pajeet appears*
----------| What would you like to do?
----------| *shit in street* *ask for "sir"* *run*

[Anonymous No.9816876]

OmiseGO is the most security of all the securities in the history of securities.

You must to be a complete brainlet to buy this.

[Anonymous No.9816923]

>>9816876
>hurr durrr i hrd sum mastas talkin' 'bout how dem ICO's gonna be labled as some of dem "Securrrritys" i shore do not know much 'bout what dat means oh lawdy no sir i do not but by golly let me post it anyway without 'splaining how so oh lawdy mastas sure got me working today oh yes sir yes sir he does back to dem stinky linkies to be a posting thats sure right i love me some stink"

That's you, faggot.

[Anonymous No.9817012]

>1 billion mkcap
why?

[Anonymous No.9817075]

>>9817012

>EOS $12,903,208,463
Why?
>Cardano $5,286,062,995
Why?
>IOTA $4,622,553,428
Why?
>TRON $3,794,737,736
Why?
>NEO $3,390,874,500
Why?
>NEM $2,237,400,000
Why?
>VeChain $2,145,293,762
Why?
>Binance Coin $1,839,337,756
Why?
>Ethereum Classic $1,554,940,383
Why?
>Ontology $1,227,534,781
Why?
>Qtum $1,187,133,273
Why?

See, I can be as much as a faggot as you.

[Anonymous No.9817101]

I'm in the process of going all in right now OP. Q3 and Q4 going to be insane for OMG.

[Anonymous No.9817328]

Will I make it with 4000 OMG?

[Anonymous No.9817351]

1500 omg here and 80% in OMG

1k OMG 2020

[Anonymous No.9817382]

>>9816859
OMG will make money, it will totally go up. Unfortunately now because of SEC this is a ticking time bomb.

[Anonymous No.9817397]

>>9816859
in the end nothing really matters

[Anonymous No.9817508]

>>9817382
I agree Anon, I am concerned

[Anonymous No.9817678]

>>9817382
"In response to pointed questioning by Rep. Tom Emmer (R-MN) about whether or not it’s possible in the SEC's eyes to have a token issuance that doesn’t constitute a securities offering, William Hinman - director of the agency’s Division of Corporation Finance - responded in the affirmative and laid out the requisite criteria:

We certainly can imagine a token where the holder is buying it for its utility and not as an investment, and in those cases, especially if it’s a decentralized network in which it’s used and there are no central actors who have information asymmetries or where they would know more than token investors."

"In response, many cryptocurrencies (e.g. TenX, OmiseGo) closed their ICOs to US citizens. This allows them to bypass strict filing rules and compliance with the SEC."

"According to the OMG whitepaper OMG “tokens will have value derived from the fees derived from this network.” It is unclear if only validators will earn fees or if all token holders will. Validators collecting fees from confirming blocks would not be considered a dividend as they are doing the work to earn the fees. If mere holders of OMG tokens earn network fees it would likely be considered a security."

>https://www.bangkokpost.com/business/news/1481525/sec-releases-crypto-details

AWWW LAWD WHY DID I DUN DO NO RESEARCH MASTA, WHY LAWD DO I PIGGYBACK OFF THE THREADS OF OTHER WHITE MASTAS WHY CAN'T I THINK FOR MYSELF SIRS.

[Anonymous No.9817684]

>>9816876
t. cucked mutt
Btw, omg does not pass the test for securities

[Anonymous No.9817750]

>>9817678
>It is unclear if only validators will earn fees or if all token holders will.

That is pretty clear. Only validators will.

[Anonymous No.9817756]

>>9817075
True, but why?

[Anonymous No.9817782]

>>9817750

>Join a validators staking pool
>Become part of the validator node
>????
>Earn fees validating

Jesus Christ, you need to fuck off

[Anonymous No.9817817]

>>9817782
Are you retarded, that means you are a validator

[Anonymous No.9817833]

>>9817782
reddit