/biz/ - Business & Finance

i remember when I rode the pump from 20k sats to nearly 200k. then i got rekt buying in much higher and my gains evaporated thanks to those fucks who created math and exponential losses when something goes down.

Yeah, what an absolute turd. This vaporwave shit doesn't deserve near 1 bil market cap.
>mainnet Q4 2017

I warned you guys multiple time, you made fun of the little black dude but he was right the whole time.

They don't have previous business experience and their collaboration with MacDonald's is a farce.

Classic China Hustle

You deserved this happening to you, if you dyor you wouldn't be in this mess.

>>9976177
>fuck this piece of shit shitcoin its been nothing but absolute pure shit for the longest time what a fucking shitcoin


>he fell for the nominalism meme

In 5 years time people will remember the guy that bought pizza with bitcoin and you! dont cry wank yourself to death when this does have a product out.

>>9976153
Haha they just confirmed coinbase pro haha get rekt

>>9976153
these jungle gooks havent even released a fucking wallet. lol. they literally just came out with a roadmap after some jap game. lol

>>9976153
>imagine holding an erc20 token for a year because some autistic weirdo had a sticker of its logo on his laptop

They better fucking deliver. I was up half a million dollars at the peak in 5 months. I held this shit and its worth 100 fucking k now. if i even held LTC or any other top 20 coin Id be over 1.5 mill easy.

FUCKING OMG U FUCKING GOOKS IM SO MAD U RUINED MY LIFE. U MADE ME INJECT CRYPTO HEROINE AND LEFT ME TO DIE LIKE A JUNKIE

nothing of substance has been achieved since the ico? please dump your bags then.

>>9976343
lol of course there is no collaboration with "macdonalds"

>>9976660
he said he dumped his bags
learn to read you deluded faggot

>>9976692
no one biz posts after they make a decision
they post hoping to get information to make their decision

so many helpful threads lately trying to convince me to sell my OMG. Thank you /biz/.

>>9976674
kek mcdonalds. I remember last year people thought they would actually use OMG tokens to buy Big Macs

>>9976716
1 LINK = 1 BIG MAC EOY

OMG is such an obvious scam coin. Why would anyone hold this unless you are a 13 year old teenage girl. OH M G. If you are still holding this it's best to cut your losses before it's too late.

>>9976783
Can I ask you something? Who are you trying to convince to sell this? People that bought this last year and have been accumulating, they know what they bought. I'm assuming you think there are newfags who bought this and you're hoping to shake them out.
Protip: there aren't any people you can shake out.
Normies didn't buy OMG because the hype and shilling phase was in july-august last year. They only came to market in december and sure as shit didn't buy OMG cause by then it was pretty low profile.

TL/DR: you're wasting your time.

Redditcoin Ultimate

>>9976656
Yeah
I also sold this shitcoin now along with all other crypto, fuck this honestly
i unironically held this piece of shit for 1 year

>>9976716
mcdonalds is a customer of omise
you will be able to use your airline miles to buy a big Mac via the omg dex

>>9976912
you held for a year? grats bro, 20c to over $8
gj dude

Do you dumb fucks really think they could complete a project of this size in 1 mother fucking year? You either invest for the future and what could be or you bet on shit coins with no purpose. It's all a gamble, sack the fuck up, idiots.

Coordinated fud 8 days before q2 ends and staking is enabled. nice try

>>9976660
so what have they achieved?
all I can see is hype. I finally decided to sold after they started funding other teams.
That's what happens when the core team stops being able to deliver. If they have money they start buying into external projects. If they don't they go bankrupt.
It's exactly what google and facebook are doing for years now. They stopped being able to innovate internally and try to buy externally.
Obviously comparing them to omg is unfair - their core product was and is an astonishing success while omg delivered shit.

>>9976863
MAYBE BECAUSE THIS SHIT WAS WORTH MORE BACK IN AUGUST THAN CURRENTLY? THATS A NEGATIVE ROI BTW

>>9976962
>I finally decided to sold
decided to sell*
(result of editing in 'decided' to after writing the sentence)

>>9976962
partnering with banks and buying up small to medium volume exchanges
do you really not pay attention to any news? or is it just because you haven't seen OMG MASSIVE PARTNERSHIP $1000 EOY spammed all over the board so you think nothing happens?

will OMG let me buy alts with USD?

>>9977034
That's one of the end goals. You don't need to hold OMG for that though.

>>9976912

its all a scam man. Name 1 positive ROI on staking coins/masternodes/returns that doesnt end up dead or depreciated significantly because of the bear market.

Hurr durr lets hold this coin for masternode. does great for a few weeks then 3 weeks later team tanks the price or the market fucks it.

every single crypto is a ponzi scam

>>9977010
>partnering with banks
partnerships are worthless. It just means the other side is open to cooperation if they find any value in it.
>buying up small to medium volume exchanges
that's what I'm talking about. That's NOT a positive. The ICO money was supposed to be used for development, not acquisitions. Acquisitions are almost always a negative sign.

>>9976964
oh, I see.
So you followed the price on this project and suddenly decided to help me. How thoughtful of you. You're a legitimate good guy, fren.

>>9977062
they receive funding from those banks they parent with
would MUFG give $30m usd to a company they had no intention of working with?

>buying exchanges is bad
you understand what omg is and what they intend to do with it... right?

>>9977097
>would MUFG give $30m usd to a company they had no intention of working with?
They didn't get $30M, they got _something_ from an investment fund worth $30M.
>you understand what omg is and what they intend to do with it... right?
Do you? OMG is supposed to be a token on a PoS-based dex.
Where does buying exchanges fit in this strategy? It doesn't. The design only needs fiat gateways, not exchanges. It's supposed to obsolete centralized exchanges!

>>9977216
buying exchanges is buying liquidity
holy fuck you are one dumb cunt
stop posting

>>9977239
If you want liquidity you pay market makers to provide it, not buy exchanges.

>>9977216

Buying an exchange helps with liquidity.

Are you really that autistic to not know that?

>>9977298

Jesus Christ, this truly is the face of omg FUD

>>9977298

>pay market makers to give you money

anon Im as mad as anyone else in this thread but this statement is just retarded. the network of DEX will *SO THEY SAY* run on the OMG network. If you have 5-7 small dex's with a total of say $50MM daily tx volume, then stakers get those fees, as well as the omise clients and whatever else is plugging in with the api. its better than them building a dex because a lot of other dex's are already out. if you cant beat em, buy em.

This is all theoretical though. If they deliver then this shit will be fire. But Im fucking annoyed they wasted so much of my god damn time with these spoon articles and postponed developments.

It can get up to $20 again I am sure of. I currently own 9,350 of these and I will be selling 2k of them for the fucking emotional trainwreck this shit as given me since august. Ive never been justed so hard in my god damn life

>>9977332
Sending trash to the moon gets rid of it. It's also an enormously expensive and wasteful way of doing it.
"The cornerstone of the NYSE market model is the Designated Market Maker (DMM). DMMs have obligations to maintain fair and orderly markets for their assigned securities."
https://www.nyse.com/market-model

Inform yourselves of the basics before having an opinion
>>9977359
>if you cant beat em, buy em.
How can you agree with me and not see what an absolute failure that is. They can't buy their way into success because the market is too immature. To not die in this market constant progress is necessary. At the beginning of 2017 poloniex was the largest altcoin exchange, now nobody remembers them and binance rules.
If omg has to buy they are incapable of innovating on their own. So whatever they buy is going to die with them.

>>9977409
They shouldn't waste time, especially with the amount they've used building an exchange. They are building the open sdk that other exchanges can adopt in the future. This is to jump start their liquidity and nothing else.

>>9977409

Thats true. DESU the Omise team to me is nothing special. They leverage their advisors and partners much more than anything.

Im honestly praying at this point that this is how this goes down: OMG builds plasma on paradex (bought by coinbase) as the non custodial exchange.

OMG network/VC buy out 5-7 DEX, intertwine paradex with them, and any other business APIs they have.

the "omg world exchange" becomes THE go to DEX ecosytem, slowly gaining traction and tx volume until it does indeed become massively scalable. Otherwise, theres no point in fucking having 1mm tps with plasma if there is no volume at all.

Its not going to be a shitty dex like waves. They just donated 5 million to stanford, while their ico was 25 million. the ECF is donating 100 million in grants to promising projects and that was created by omisego. The money is in the background and Im hoping it is infact from coinbase.

fingers crossed because this shits been a shit of a ride

Why are we still arguing over this scam coin? Sell it and buy link if you have a big brain. Done

-vitalik/the rest of the crypto dreamteam
-3 conglomerates
-providing mainstream scaling for all d'apps while serving as the model d'app with real usecase
-mou with thailand ministry of finance

bUy ChAiNlInK iNsTeAd 1k EoTy

>>9977598
All of that good news and price still dropping. You'd be a fool to keep holding at this point. What does OMG even solve? Plasma lul. In America we have so much plasma that we're encouraged to donate to others. This is a non issue in civilized societies. The Oracle problem is r3al.

>>9977598

d'apps will never be adopted. look at the average user base of cryptokitties. its like 30 people a day now. 99% drop from january lol.

This entire market is a big speculative bubble scam. My only hope is that OMG somehows moons to $100 so deluded dummies fall for the staking meme and hold for 2 years to break even again while I catch the top and go straight into index funds.

Have fun with 5% ROI in an upcoming bear market where the market drops 70% in crypto lmfao

>>9977695
How many you hold?

>>9977650
>In America we have so much plasma that we're encouraged to donate to others.
kek

>>9977650

>what is a bear market for 500 alex

>>9977695
t. Salty nocatter

>>9977714

Read up. I have 9,350 which I havent sold one yet. Top 800 address I think. Then the fucking gooks said to be an individual validator you need to be top 200. LUL

Fucking fucked me over left and right. No respect for people who (now in hindsight stupidly) were loyal.

Like I said, This shit breaks $100 Im out and going into index funds. The only bright side is since I never sold I will get long term capital gains which will even out the absolute fucking JUSTING this year has been holding this token