/biz/ - Business & Finance

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OG OMG Chad reporting in. I have held this coin since a few months after ICO. I am in the top 500 holders of this coin and you anons are fucking lucky I am willing to share my knowledge. You literally don't deserve it. Most of you are 2020 kiddies trading this coin like any other alt.

Blockchain is a difficult technology to build at scale. I liken it to constructing a skyscraper. If an engineering firm came to you and told you that they got "99% of the calculations correct" to build a skyscraper, would you hire them? Of course not, you'd intuitively understand that the 1% of shit they got wrong could very well make the entire fucking building collapse.

It is no different in cryptocurrency. The vast majority of teams are not capable of getting a scaled blockchain ONE HUNDRED PERCENT correct. What makes OMG different than any other crypto EVER is that IT ACTUALLY FUCKING WORKS. There is literally no precedent for a WORKING blockchain technology operating at scale. Every single crypto boom in the history of this space has been pure speculation. OMG will be the FIRST moon mission with real life transactions behind it. The Plasma architecture they have been researching and building since 2015 (not 2017 when the white paper was published) is OPTIMIZED for the first and only use case of blockchain that will actually be used by everyone in the world -- simple value payments, agnostic as to currency type. ETH 2.0 will not make an optimized financial transaction layer network obsolete, it will enhance it. Ethereum, which has adopted OMG from the very beginning, is ready willing and able to donate the prominent payments use case to its golden child. From Karl Floresh to Joseph Poon to Kelvin Fichter to Vitalik himself, every single one of the best minds of the industry have directly contributed to the specification of OMG.

>>21737289

I should have sold but I got greedy. Any chance this will pump again in the future?

>>21737316
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Some of you are aware of the recent news, and it is juicy. Tether, Toyota, Huobi, Bitfinex, Reddit and further immediate rumors of Sony, Coinbase and Binance. These are just the first steps of the chess moves this team has been planning for years. OG OMG holders know that once OMG monopolizes ERC-20 transfers in blockchain (practically already done), the NEXT move is to transition into the intermediary between blockchain and the real world. Watch for the creation of the "MUFG Coin" later this year, as it and other major Asian banks create their own cryptocurrencies. What transaction layer do you think they'd choose to connect to the industry?

Some of you are aware of the hype memepredictions. Palm Beach $713/token. Clif High +30,000%. Do you know what Clif also predicted, back in 2017? A specific "payments" coin somehow based on the "lightning network" would be so "wildly successful" so as to literally create the next crypto boom itself -- and that so many corporations would utilize this coin as the standard payments processing protocol that legacy payments companies (Visa, MC) would start "buying up all the coins" to try to control it. And then -- Asian governments themselves would adopt the coin as the payroll processing protocol for its fucking citizens.

I know more about this coin than this entire board. You are still wildly early on this absolute moonshot. You haven't seen anything yet.

Screencap this.

>>21737316
Every thread....

>>21737333
Yes, when btc stops being an asshole and screwing with normies fiat pricing it will pump.

It's over bros cut your losses....

>>21737333
The shills/trolls said it would, but they've long vacated these threads. Uptick right now is some positivity

BAGS PACKED AND READY FOR THE MOON

>>21737289
>EVERYBODY DOWN!!11

holy shit I cringe even seeing this thread kys omg faggots

BTC shouldn't dump much more now so this should be the OMG bottom too give or take 5-10%

$12 when it does

The market is recovering and OMG is recovering.

TO THE MOON

Thread theme
https://www.youtube.com/watch?v=OHch0zOrzA8

I can’t assure you motherfuckers anything. Every man for himself and don’t get too greedy

OMG mooned around this time last night

>>21737399
I'm only following what my father and my father's father wrote before me.

>>21737383
Eat shit !!!! I write off every investment - either make money or I’m not selling!

>>21737429
it is and I just checked my binance before bed and noticed I forgot to place a buy with 1/4 a btc I was swinging for lulz earlier so just bought the bottom by accident lmao

Aight let’s get it this time

>>21737535
THAT'S FUCKING RIGHT

OG here. OP is right.

>>21737535
Same. any 'money' I have in Crypto is already gone. I just collect satoshis for funzies. Satoshi line go up!

Omg its gonna go omg omg omg omg
7.77 in 2 hours

I sold at 6. But I learned a lot, I managed to sell at 8 yesterday and bought some more, I should have waited until it was again at ~8ish before buying again. Next time I will not miss this opportunity again :)

>>21737289
Gonna be a cringe and a yikes from me

>>21737289

PLEASE TELL ME WHERE THIS MAGNIFICENT TOKEN HAS BEEN IMPLEMENTED IN ITS 2+ YEAR EXISTENCE

>YOU CAN'T???!??!

What a shitty fucking scam.

Daily reminder the coin pumped by exchanges manipulating the price with tether. There have not been any tether transactions on the omg main net to this date.

You are unironically being lured into buying by this faggot op making several threads and a previous cult following of 2017 bagholders

>>21737645
Will you be my second if we reach the floor?

THIS IS IT BOYS WE'RE GOING STRAIGHT TO 12 DOLLARS GET READY

Only ZRX has gone up faster in the hour.

>>21737679
Its going to get rejected from $6.

under 5$....

>>21737665
Ain't shilling. I started this thread for others like me who have skin in the game. This is the second I started after the one before died without ownership

It's going up faster than all the other coins now.

>>21737774
Pass $6 and maybe there's a hope yet

>>21737704
yea. gg. ill be done wage slavin in 40 years

https://www.youtube.com/watch?v=t9t3XBw27M4
thread theme

>>21737820
HA! Shrek can't breefh.

>>21737820
Guys...
It wasnt a dump, zoom out, It was a massive bullflag all along!

>>21737679
i pray to god you're right.
i 2 x'd yesterday and just went all in on this dip.

HOLY SHIT GUYS ZOOM OUT, LOOK AT THE GENERAL TENDENCY, IT WAS A MASSIVE BULLFLSG, ITS GONNA REACH 25 IN THE SPAN OF 2 DAYS

>>21737921
At 3 AM GMT somewhere starts trading and pumps BTC and OMG pumps too. Korea? Where is it 8-9 AM right now (RN)

>>21737921
That was said multiple times hours ago. Let's see how this next hour fairs. Be brave

>>21737996
Bro I have an alarm set for 230 am because the 3am pumps haunt me. I suggest you do the same. I’ve caught many pumps.

>>21737535
fucking BASED

>>21738039
>inb4 it dumps at 3am

Guys relax ...btc and eth crash. The entire market is 10-20% down , this is natural. If you’re a swingie do your thing. Otherwise , just wait and hold. We already got blessed last night, everyone should still be in profit unless you got unlucky and bought at 10$. I suggest everyone just WAIT.

>>21737996
It's 11 on a Saturday there

>>21737971
>Bogdanoff he went all in
dump it

>>21738154
Hold till?

i just want to be rich. is that too much to fucking ask?

>>21738181
No.
https://www.youtube.com/watch?v=-5OeVSiisLU

>>21738262
Where does your confidence lie? Early buying?

Mooooooon

Anons saying you should have taken profits but you would have dumped that into another shitcoin that fell more than OMG has in the last 24 hrs unless you cashed it like an idiot.

>>21738202
$100

>>21738154
Lots of impatient children on this board.

>>21738349
Watching a spike, and uptick and a steady decline doesn't help

GIVE ME MY FUCKING MONEY BACK RIGHT NOW CHINKS

We going sub 5.50!

Its going down. I'M YELLING TIMBERRRRRR.

>>21738380
Dude, this is crypto. Volatility is the norm. If you can’t stomach it, invest in something else. This isn’t a money printer.

All the market is low, I'm just gonna go to sleep

>>21738162
Maybe it is Saudi or something and some rich sheiks... Oh shid, it's the Jews isn't it, Israel!

>>21738440
I'm hodling. But concerned because I've a decent amount tied up and worried this is just a slow burn down

>>21738286
I don't think I bought any of it more expensive than $7.

>>21738227
prepare to get bogged, you had been warned in other threads

>>21738409

Hahahahahaha. You still haven’t learned have you? Where did you think the 5 billion volume came from? Did you think finex was your friend and that was real money?

Oldest trick in the book. Wash trading to pump a coin on fomo, have retards like yourself buy in and more retards think they’ll be millionaires if they keep buying, then after a massive pump turn the usdt volume faucet off. Even more retards keep buying thinking it’s the dip and after a few weeks of consistently slow selling the big guys are long gone.

To make matters worse Jun the ceo is a notorious shill who talks out of his ass. Gooked, fluked, and duped.

>>21738475
It is.

>>21738459
SAme. My fate is in God's hands now.

>>21738491
Can someone give me a quick rundown on these guys?

>>21738518
>rrrringg
>He bought? Domp et.
>rrring
>He sold? Pomp et.

>>21738440
The issue is a lot of these kids are new to any kind of investment. Crypto is easier to enter and harder to understand than buying stock or trading options. So they waste their cash in hopes of getting ahead in this ragged system, not realizing that real gains can take years.

>>21738518
You can’t handle the run down. Just know They are the puppet master and won’t let you get rich. They always dump when you pump.

https://www.coindesk.com/japanese-financial-giant-mufg-to-launch-digital-currency-in-2020?fbclid=IwAR3e5_GvNlN8rFWU__Uyr35S-KVGxFAENcp0tRZCF9Ky_wWVXVGYao6SB6I

/comfy/

>>21738518
Lurk more

>>21738518
I think one dude fucks and the other sucks. Unclear because they both mongloids

>>21738584
So what's your call on this EOM?

>>21738518

https://youtu.be/KV5QlSgq7lg

How long until the dump? End of August? This shitcoin is going nowhere.

>>21739085
It make-a me sad

>>21739085
It was a simple pump and dump. The party's over. If you didn't sell at $10 you lost. Throw in a bi-polar Ned Flanders and you have a fairly entertaining thread.

I'm not selling at $5.83 so you can stop FUDing.

He tried to warn you in 2018.

Why didn’t you listen to migger?

>>21739304
As anon above said, you already lost. You missed it.

>>21739384
Impossible? It's necessary.

>you realize their brains are so rudimentary that it's not possible for them to even imagine it

Still looks like a gigantic bull flag to me...

Just to give you some perspective, if you look at the last couple bull flags, they took 3-5 days to complete respectively.

Now, judging by your situation there's plenty of ways to react whether the price crashes or keeps going up.

If you managed to get around 1$ range like i did,i would just hold on as you are perfectly positioned for whats coming next.

IF you got in anywhere from 5-6$ now is a good time to pay attention.The trend breaks? simple just cut your losses early and get out. If it goes up? cool you make some.

All in all, we are not in 2017 anymore where we treat everything as a pump and dump scam. Not saying those dont exist.. but we are talking about a legit project and use case here. Not some bullshit rug-pulling we witnessed from $brr and $shrimp.

Get real, if you believe in this project then hold on.If you like riding pump and dumps then just get out because you dont deserve this coin.

Scammers and newbs are making themselves feel better about getting PWNd with the ol’ “don’t hold it if you can’t handle the dip” line. Whatever makes you feel better anons. This coin is trash.

>>21739652
Quite the downward bull flag...

>>21739652
Holy...

>>21739758
Ok shill me on your prediction of the next 12 hours

>>21739766
so was the last one, they look identical. Even if it doesnt work out and we get jungle gooked again who cares at least most of us made gains on this.

When I wake up tomorrow it will be above $6.

>>21739846
As someone who bought in 5s and 6,3, what am I waking up to if I hodl

15 dollar OMG

>>21739915
It will be above $12

>>21740015
It will certainly be not

OMG clears 7 by morning

maybe a miracle will happen and there will be a repeat massive pump even larger then last nights.

>>21739915
lets be realistic...it all depends on the size of your stack. If you went all in / full risk mode then id be worried because btc and eth can just keep cucking us and it will fall lower. But , if you threw 200-300 for the fuck of it then it doesnt really matter does it? Youll make that money back regardless.

My guts telling me this is a temporary shakeout and we should hit ATH again.

>>21740060
You scared dude
patrolling this thread

>>21740197
too much negativity after yesterdays blessing .. we need some comfy pepes in this thread

If it starts going up again I'll buy. Otherwise, it's been a good run boys :) I bought at 3 originally so I'm not mad, doubled my money.

Are you all really that stupid? This is about to go parabolic. Buy now.

>>21737289
GOOD JOB PICKING UP THE SLACK BROTHER, I HAD TO GO AND REST AFTER 2 DAYS OF THESE THREADS, ALL OF YOU WHO BOUGHT OMG NEED TO HOLD, THIS IS NOT THE TIME TO BECOME UNCERTAIN, UNFORTUNATELY GRANDPA COINS BTC & ETH CAN RUIN A GOOD RALLY AND THAT IS WHAT HAPPEN.

THE FACT THAT WE ARE HOVERING AROUND $5.8 IS A GOOD INDICATION, FOR THOSE OF YOU WHO LISTENED FROM THE 1ST FEW THREADS YOU SHOULD HAVE GOT IN UNDER $2.

WE WILL ALL MAKE IT OMISEBROS, THIS WEEKEND WILL BE VERY EXCITING, BUY THE DIP OR FOREVER HOLD YOUR PEACE.

>>21740288
checked ... i agree its better to miss out on potential profits than actually loose your money..

>>21740313
What defines a parabolic trend over a steady dump?

>>21740313
lol no

>>21740338
Hovering around 5.80 is a good indication of what?

>>21740411
compare the link/usd chart with omg/usd ..youll get a sense what to look for.

>>21740288
I sold over an hour ago, I bought in at $3 as well, took the X2. If it shows signs of life later I'll come back in

>>21740463
Price correction and crabbing for the next year

>>21740467
The link chart from now or from when it ballooned? Newfag here. Appreciate any spoonfeeding

I bought at 7 and my nuts have never felt bigger
I'm sitting on them beanbag style and eating dry Raman and FUD shills are seething that people like me exist
they say:
>why won't he sell, he's lost everything
haha charade you are and no you can't have my $7 shares when we break past it tonight

>>21740565

>>21740590

>>21740338
Np. Took over two threads ago. Lack of enthusiasm and/or shills tonight. Worried much more about sleeping tonight than last

GOT SHIT TO DO NOW, SO LAST POST -

ALL YOU SHORT TERM, QUICK MONEY FAGGOTS GET OUT! THIS IS NOT THE COIN FOR YOU, YOU DON'T DESERVE TO BE RICH WITH YOUR SHITTY ATITTUDE, TODAY AND TOMORROW WILL BE THE MOST IMPORTANT DAY OF YOUR LIVES, DEPENDING ON YOUR STACK SOME OF YOU WILL BECOME MILLIONAIRES, OTHERS BILLIONAIRES, A FEW OF YOU WILL BE ABLE TO BUY A NEW HOUSE AND A NICE CAR, DO NOT MISS THE OPPORTUNITY OF LIFETIME JUST BECAUSE YOU WERE A MASSIVE PUSSY.

YES, THERE ARE PLENTY OF SHITCOINS OUT THERE, BUT NON OF EM ARE SURE BET LIKE OMG. BUY THIS DIP WITH EVERYTHING YOU GOT, IT WILL BE THE BEST DECISION YOU HAVE EVER MADE.

>>21740565
You are a hero
I am feeling sad and foolish for my $8 bags
I need a piece of your balls

I don't need parabolas to understand it's going to go back up.

>>21740783
in 2017 i bought omg for that price and ended up selling during bullmarket around 20$ range.. even current prices are pretty descent compared to last ATH's

>>21740110
Tonight?

>>21740467
Ok gn

Why is it going lower? Are Ethereum users cucked to the gas prices?