/biz/ - Business & Finance

>>3687920
This coin was killed by the whales suppressing the price. The company's marketing is fine.

BoyClitCoin

>>3687934
It was killed because of a corrupt CEO and a fucking skateboard.

>>3687920
All this fud means now is actually a good time to buy

Let's reminisce about thr good old days.

https://youtu.be/udUCjJphE-0

Investing in omg now is like playing tony hawk pro skater 5; not fun.

Got out of this stupid sk8board coin yesterday. Put profits into LINK and SALT

>>3687934
>>3687976
Nah the whales fucked it up big they suppressed the price for to ling and they invented an stupid rumour

>>3688651
Why would a whale suppress it?

the fuck are you guys talking about. they just got more funding from a decent bank in thailand and some interest from a japanese bank

its also still VB's pet project

>>3688690
So they can buy more at a cheaper price because in the long term they know it'll pump hardcore?

This is also going to be a POS coin so even if the price stays the same they'll still get sick gains from transaction fees

>>3688031
smart guy, i dont trust brown doctors, what makes you think i should trust this brown chink with an apple skateboard.

VB just tries to help but he can only help so much

What's with the OMG FUD recently?

It's extremely low quality FUD. muh skateboard 2/10 shit.

if anyone is convinced by this enjoy your future pink wojaks. It's not just a pet project of VB. It's literally the companion chain of Ethereum.

If anyone understood Plasma they'd realize it relies on multiple chains. So having just Ethereum cannot possible utilize Plasma. You NEED at least a second chain.......

You pussies. If you don't see the long game you are not made for crypto.Maybe you are some kind of teen with no perspective at all so i will explain it to you . Fudding this coin at this stage is like dumping btc at 9$ in 2012.You will regret being that short minded in 2018.

>>3688815

it may do well, but why would it go as high as btc or eth

>>3688815
This is a stupid mentality. Why hold a coin when it isn't about to pump? I'm a moon kid so I'll get in on every single omg pump along the way while hitting other pumps in the meanwhile!

>>3688892
see
>>3688801

>>3688916
i'm sure you're an excellent timer of markets. no risk here!

>>3688801
>>3688815

shitpoasting is fun. call it fud if you want. do whatever you want. hodl or sell or buy moar. this is /biz/ where 90% of threads are shitpoasts.

>>3688928
ok. so i have 1,000 omg coins. should i get more

>>3688928
There is no risk when you get into coins with good news a week a head of time. Wait 3 days for a pump.. Rice repeat

>>3688943
Coin pumps are 100%news based. The faster people learn that the better. No news? No pump!

>>3688943
>>3688954
>>3688931

pumping is better than hodling for omg long games. people just made 3-5x on LINK. people made 10x already on OMG. other pumps will happen

just i cant seem to get in before most pumps happens. so i'm left trying to find coins that will be protocol level in 3-10 yrs. which is probably more risky than pnd

>>3689028
Hey if you can time markets well then more power to you.

The problem is pump-worthy news can happen at ANY time. If there's no hype prior to the news, it can catch you by surprise. You could be sleeping.

The smarter approach is to go mostly into protocol level coins while having a newspump stash ready to go.

I'm personally more interested in the long term right now, and will grow my newspump stash with time. I just want to be absolutely certain that when the music starts with OMG, I am there with a very hefty position.

And OMG is 90% likely to be a protocol level coin in 2 years. It IS ethereum.

as soon as btc pumps a bit, omg will outperform it

>>3687920
am i the only one who wants to break that goddamn skateboard over his head?

>>3689101
ok. i have 1k omg and thought it was risky already since it is already 1B market cap. but probably a good idea to go to 2k and toward 5k while it still at $10USD. so if it ever hits eth levels can have real money

Hope the huge pump doesn't start till Oct, that's when I get a big fat commission cheque for last month's sales

>>3688698
Omise got funding. The Jap and the ladyboy are going to fuck omg holders in the ass by processing all the big merchant transactions on a different layer to OMG. All you'll get is the piddly remittance crap between ewallets. If you hold omg you won't be getting a cut of that pie even though the Jap implied you would be.
Fuck money skeleton for backing these assholes. Made him look like a complete cunt.

>>3689674
huge if true

makes sense though. it would be the only reason a bank would give them money

>>3689674
Jun is CEO to both companies and has told us multiple times that omise and omg will be merging
Gtfo

>>3689725
Of course omise will be moving all transactions to the blockchaib. However current omise transactions won't be going through omg nodes that token holders will be staking, they'll be processed on a different layer. So all this bullshit about big merchants using omise as a payment gateway means fuck all to us as we won't be getting a cut. The sly fuckers have continuously implied that we would but I know for a fact it's a lie.

Why would normal omise payments go through a blockchain? Doesn't even make sense. Whoever thought that is stupid AF.

>>3689827
because its faster and cheaper, also alot of asia dont have bank accounts.

>>3689827
I don't think you understand the point of blockchain if you think they won't be moving all their processing onto it. How do you think their able to undercut traditional payment processors? Distributed ledger offers a huge decrease in operating costs for omise but at the expense of processing speed which is where plasma comes into play. Omise and omisego tx will both be on blockchains but different layers. It has been wrongly implied for months that this wouldn't be the case and that everything omise processes would pass through our staked nodes. This simply isn't the case and as such, there is no way omg is going to increase it's market cap significantly as the returns won't be there.

>>3689953
So they will have a toke for banks and a toke for the rest of us?

BIG NEWS LUL

>>3690127
Yes. The banks are staking nodes for the merchant layer.

>>3690175
How can that token have value unless its traded on an exchange, even if they introduced a new one for banks

But agreed theyd have to gice banks something special

>>3690195
What is stopping them from setting a fixed token price? Nothing.

>>3690219
How would that occur? Then only banks r trading with each other. The only way you make money on tokens is selling to a large market of normies, that can be traded for fiat if need be

The thing is that these cunt-eyed pricks have been milking these bank deals as "news" that OMG holders should be celebrating when in reality, we won't be profiting from them at all.

>>3690300
We profit from them by them by network effects and them having funds to further build their network

Multiple funding levels is entirely normal in startups. Generally starts with amgel investors , series a , series b, VC’s; its modified here becuase of an ico but essentially getting later fundings is normal. Especially if this is as big as we think it will be. Possible they gave those banks a shitload of coins in return

>>3690372
It was implied by Jun when he stated that omise and Omise go would merge that ALL transactions would be processed through a single blockchain. That OMG nodes would process all tx. If omise processed $20b worth of tx then those staking their tokens would receive a percentage of fees arising from that amount.

who else omg and link here?, we dont have to be enemies.

>>3690521
sold my link 4 days ago for more omg
kill me now

>>3690521
4000 link and 1700OMG

>>3689725
>Jun is CEO to both companies and has told us multiple times that omise and omg will be merging

Oh god.

Don't tell me he did pic related with his own goddamn parent company...

>>3690895
why would you do such a thing

Only fucking brain dead idiots take the skateboard seriously

>>3688916
because you can't time the market you stupid fuck and in the end you will still be a peasant maybe have made a few thousands off your PnD's while longterm holders of the good projects walk away millionares.

>>3689788
You don't know shit about anything

>processed on a different layer
yeah sure please tell me all about this different layer

>>3691179

Youre so emotional about this coin you cant even think properly lol.

Omg is going nowhere, Omise the parent company is but theyre definitely not going through the token. They dont even have their own blockchain.

Omg was used as a fund raiser and now a generation of bagholders like you are born because you couldnt see the scam

>>3691248
I already made over 30x on this coin and don't even own it anymore because I'm out of crypto completely now.

You on the other hand are both new, and extremely stupid. And since I fucking hate stupid people I need to correct them

>Omg is going nowhere, Omise the parent company is but theyre definitely not going through the token. They dont even have their own blockchain.
They dont have their own blockchain yet, but they will soon. You seem to have no idea what the token is even used for. They are going to create a currency-agnostic payment system and the security comes from the token holders staking their tokens. The tokens need to have value to prevent low-cost attacks. The incentive is that stakers receive all transaction fees.

>Omg was used as a fund raiser
Oh really? Why then did they refuse to raise the ICO cap when hundreds of people(including me) begged them to do so in the slack because we were unsure if we would get in.

>>3691386

>>being this emotional over a coin

Im sure you made 30x lol. Have fun smelling Jun's balls lol. Youre probably out of crypto cause you bought shitcoins like OMG

LMAO

>>3691491
Nope, because I made enough that the risk/reward ratio is not worth it anymore

Of course I like OMG since it was the only alt I ever bought. I'm just telling you to not spread lies and instead research it and make gains when it goes live beginning of 2018

Feel free to ignore my advice and buy instead shitty PnD chinkcoins like Walton. Best of luck

>>3691590

I dont need your luck cause your luck sucks lol

Making nice gains on walton cause i dont get teased by japanese manlets holding skateboards lol

I spit on your advice.

>>3688651

Whales dont all work together you dont know what youre talking about

>>3691590

Oh btw if your researching skills were any good, you would have 7x your money from walton

But it looks like youre too delusional and biased to know that.

>>3691037
Actually burst out laughing. That guy is a total joke.

>>3691679
You are stupid or just trolling? I can't tell anymore.

Anyway, how much is this shit going to dip? I want to buy some, but I feel I can do better than 9 USD.

>>3691679
Fine, stay poor then. And I already told you I'm not in crypto anymore so I couldn't give 2 fucks about Walton

>>3690521
Yes, my man. Those 2 & SALT

Should I sell this at a 500 dollar loss when all I have is 1400 dollars? I'm on 3x margin.

I want out of this ladyboy coin!!!!!!!!

Wish I sold this coin when it hit $13. Fuck all those missed gains. And then moved immediately into WTC.

That was it boys. That was the roadmap to the promised land.

>>3687976
no one but retards on 4chan care about the skaeboard apple meme

>>3688916
Keep chasing the pums ypu retard, thats how you end bagholding.

>>3690895
what the fuck
how the fuck

>>3691248
>Omise the parent company is but theyre definitely not going through the token
Such a fucking idiot you are.

>Omg was used as a fund raiser
They already had the funds. They just had to create the tokens for their shit to work, buddo :^)

>>3693005
I think it's undervalued right now. There's no reason for it to not pump. It looks like it hit bottom on the hourly BTC.

I'm long at $9.9

>>3687920
I'm a whale that has a 200k stake in this. Shill me into holding further or I'll seriously kill this coin right this moment.

>>3694364
200k usd? small fry m8

>>3694364
someone has to keep the ponzi scheme going so it doesnt collapse quite yet, its up to you do you want to collapse it or get it collapsed on you first

omg will pump once btc is done pumping

>>3694364
do it pussy

>>3694390
You won't like it if I put up another 200k sell wall.

>>3694390
Technically every coin is a Ponzi scheme

>>3695011
technically capitalism is a ponzi scheme

Can you guys stop trying to delude me into thinking that everything is alright? I'm so fucking sick of redditors telling everyone to calm down and that this is normal. It dropped from 260k to 220k in a couple fucking days. God dammit these fucking chinks better start churning out news quickly or I'm going to fucking lose it.

>>3694364

Pull the fucking plug.

I'm ready for the Omisemarine posting

>>3694364
Kill it. I want to buy cheap.