Sorry to be a wet blanket people, this is good news but not earth shattering. This is $3 million recent ICO on no exchanges saying it would like to work with $784 million company (OmiseGo). It is better news for Hubii than OmiseGo, but good to hear anyway. I think the price bump was more due to the meeting with Greylock
It's not in a tweet itself, it's in the article that the tweet /u/CoinMeh posted links to: https://stripe.com/blog/ending-bitcoin-support
> Despite this, we remain very optimistic about cryptocurrencies overall. There are a lot of efforts that we view as promising and that we can certainly imagine enabling support for in the future. We’re interested in what’s happening with Lightning and other proposals to enable faster payments. OmiseGO is an ambitious and clever proposal; more broadly, Ethereum continues to spawn many high-potential projects.
Hopefully ... I will Fly to thai and eat some Unicorn cake with JUN 😁: https://steemit.com/bitcoin/@haejin/omg-analysis-oh-my-god-the-jaws-of-wealth-is-eating-omisego-target-usd32-300-profit-potential
I'm still relatively new to everything, but it seems like you can tell how reasonable a prediction is by looking at market cap. Market cap of OMG right now is $929,884,279. If the price hits $200, that would put market cap at a little under 20 billion. Today that market cap would be third behind BTC and ETH.
But you also have to think about total market, which has shot up about 150 billion over the last year.
$200-$300 doesn't seem unreasonable if this bull market keeps up to some degree and things keep going well for OMG.
Also someone tell me if I made any numbers errors.
Ihttps://www.gdax.com/static/digital-asset-framework-2017-11.pdf
Tell me that OmiseGo does not meet every single one of these credentials. Look at the sources at the bottom and see Vitalik is referenced as well.
Im calling it now. OmiseGo will be listed on GDAX
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. [1]
Seeing that you need to run the network, it wont be considered a dividend.
That's actually quite a reasonable argument. OMG/BTC is the largest pairing (36%) and most of the volume is NOT from OMG/USD, however, I'd like to point out it is the second pairing by volume (25%), even if it's only on BFX. Also, the OMG/CNY is only around 22% total across 4 exchanges. ref: https://coinmarketcap.com/assets/omisego/#markets
Hmm ... if you were to go to cmc ...
https://coinmarketcap.com/currencies/omisego/#charts
And select the period ALL, and choose to view in the Log Scale, a more accurate picture of % change relative to moves appears. You know, for holders to enjoy.
Frongth : Still holding after all these weeks ... I am Super Bag!
You can buy them from exchanges, such as Bittrex. Go to coinmarketcap and search for OMG, then click on Markets to check all availability on exchanges.
In Benjamin Graham's (Warren Buffet's Idol) "The Intelligent Investor" he goes on to do a technical analysis of the United States stock and bond market up to the mid 1970's. The main premise of the book and the majority of his findings point to a hold strategy and the avoidance of timing markets.
Though he also warns of speculative trading.
Interestingly over a third of the volume is coming from Upbit, another Korean exchange.
Income under $38,600 for single filers, $77,200 for married filing jointly. I accumulated before the 2017 run, but lost my job in November and am still unemployed, been living off crypto gains since so I'm aiming to stay in the 0% bracket.
It was this steemit article that finally pushed me to change this from a sideline speculation to 25% of my whole portfolio.
It's made by an established company with their feet planted firmly in Asian banking, it's backed by the Ethereum team who have done very well with ETH, it's cheap to buy right now and then there's the whole "fiat and crypto all in one digital wallet" idea.
If this takes off, it could end up being a service that a lot of people will use. Imagine if your google wallet, bank account balance and all your cryptos were available at the same time and in the same place. Handy.
This sounds like some real Vitalik/Jun thinking right here. Wouldn't be surprised if they chill on the weekends. Now these two forces just need to come together for the greater good of humanity (while assisting my wallet) and get this thing poppin.
https://thenextweb.com/hardfork/2018/06/27/coinbase-charity-cryptocurrency/
I read on the Transparency page on the Uphold website that they keep as "ASSETS IN OUR RESERVE" OMG 180,932,225. What is this fake ... or?
https://uphold.com/en/transparency (choose OmiseGO from the drop-down menu and scroll little down)
Edit: I think I started to warm. It's an equivalent value calculated in OMG.
Watching charts is fine. I check numerous times a day mainly to track the day's ups/downs and gauge fluctuations throughout the week. It also lets me buy more of an altcoin when it drops significantly. The problem is when it becomes obsessive and people who have no idea how markets and bubbles fluctuate continue posting their unrealistic expectations.
Everyone should read A Random Walk Down Wall Street by Burton Malkiel. The first 1/4 of the book is a history of markets and bubbles since the tulip mania of the early-mid 1600s. Once you read this you will understand every mania is the same.
https://coinmarketcap.com/currencies/bitcoin/#markets
https://coinmarketcap.com/currencies/ethereum/#markets
You can see the trading comes mostly from Fiat and ETH or BTC for the respective coins. The trading coming from the ETH-OMG or BTC-OMG pair is minimal. People are holding and it is reflected in the $ somehow remaining steady.
mise_go 50 points 19 hours ago "From a community angle, we're launching OmiseGO to support Ethereum scaling and to provide a decentralised exchange, that is not only totally decentralised but also has correct incentive alignment with Ethereum (because it uses the Ethereum mainnet for economic security, OMG will not siphon off value from ETH like most other tokens have the potential to, but will rather support it). But from a business angle, we're launching OmiseGO to support Omise Payments and all existing stakeholders, including our existing and future merchants, such as McDonald's in other countries in Asia - McDonald's Thailand is just the start. Through OmiseGO, all Omise merchants will be able to seamlessly accept payments in multiple currencies, including ETH or BTC or other cryptos, without needing to know what their client is paying in. And any other payment gateways, including Omise's biggest competitors, as well as global giants like Stripe or Cybersource, will benefit from using OmiseGO/OMG, and are welcome, no partnership or permission needed. The OMG chain will be an entirely public and permissionless network, connected to Ethereum" (https://steemit.com/cryptocurrency/@thecryptopaper/omisego-omg-coin-and-mcdonalds)
Not sure where he is getting $30 from. Usually staking or master nodes are expressed via a percentage so the $30 alone doesn't give enough context to know what that means in the grand scheme of things.
Some other projects that give dividends:
Nav staking is 5% annually.
Dash is 10.4% for a master node - (2 dash paid out every 7 days for each master node, which contains 1,000 Dash - 2*52/1,000 = 10.4%) (https://www.dash.org/masternodes2/)
Doesn't answer any questions but hopefully these comps are helpful to give an idea of the ranges that other coins are using. These are just two of many coins that give dividends also. But the first two that came to mind
eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens that will be added to its on-chain wallet.
ERC-20 tokens are designed and used solely on the Ethereum platform and can be shared, exchanged for other tokens, or transferred to a cryptocurrency wallet.
The new tokens include two eToro stablecoins: eToro EuroX (EURX) and eToro US DollarX (USDX). They also feature three crypto assets: Maker (MKR), Basic Attention Token (BAT), and OmiseGO (OMG).
“Adding 120 ERC-20 tokens to the eToro wallet is further evidence of our belief that one day all investable assets will be tokenized,” said Doro Rosenblum, managing director of eToroX.
“One of the main barriers to mass adoption of crypto assets is lack of access. Making these first 5 tokens available enables more people to transfer and hold them into a secure and regulated wallet. The next step will be adding more ERC-20 tokens to our exchange, which we plan to do in the near future,” he added.
eToro’s multi-signature wallet is available on Google Play and the App Store.
Founded in 2007, eToro seeks to open up the global markets to give customers a chance to trade and invest in a “simple and transparent way.”
The company made headlines after eToroX revealed the launch of a new cryptocurrency-only exchange desk for professional traders back in April.
At the time, eToro said the new platform would support trading in six cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and Dash.
Additionally, eToro also added support for trading in eight fiat-backed stablecoins pegged to currencies including the Euro and US dollar.
Trust Wallet (https://trustwalletapp.com) is the way to go. Open source and very well build Ethereum and ERC20 wallet that even noobs can use. Autodetection for ERC20 tokens and ERC721 collectibles and ability to browse dApps.
No, it’s okay, it gets harder to dig through all the news as more sources have a relationship there. The one I was trying to find was a UPT AMA on Reddit but this is close enough
As an ardent support of the OMG network, I can't help but be bummed out that Celo is doing this and not OmiseGo. Obviously there is plenty of room for more than one network.
Looking at some of those organizations, several organizations that OmiseGo has worked with - givedirectly, kesholabs, etc.
If you go through Celo's github they even started their development from an MVP of OMG. I lack the technical accumen to see where it went from there.
celo forms alliance for prosperity
Considering their competition, i believe TADAs chances are slim...
https://play.google.com/store/apps/details?id=io.mvlchain.tada&hl=en_US
I did this exact same thing yesterday with 30 omg coins!
followed an online guide on how to buy OMG it said open a wallet at myetherwallet.com page wouldnt load so searched for myetherwallet app in play store bingo up it pops! opened account got address did the biz with changelly and sent converted OMG to my wallet.....never showed up did a little bit of a google and found this post! :) :) :) so did a bit more of a google plenty people have done the same but should be easy enough to recover the coins with the token and imported to correct wallet though. is in no way OMG's fault is all my own fault and if they are gone forever lesson learnt i suppose but there is still a slither of hope they can be retrieved!
just wish i had held on to my 7 BTC in 2013!! is a funny old world!
** SOLUTION FOUND!!** You have to download FreeWallets Multi TokenWallet >>> application: https://play.google.com/store/apps/details?id=tw.org.freewallet.app
and if you sent your OMG's to the freewallet ETC wallet by mistake like me they will turn up again!
Thanks op this post really helped me
HMm, I see no indication it's a scam. However that company also makes this app: https://play.google.com/store/apps/details?id=tw.org.freewallet.app Which does ethereum tokens, maybe there's a way to move your private key from one app to the other. That way your tokens might show up in the other app.
We have suddenly extreme high volume on BTC:OMG on Binance: https://www.binance.com/en/trade/OMG_BTC
Seems like some big player is capitulating. Good or bad, we will see.
Well, I’ve got something to share regarding a UP Alliance member, and the good of the Alliance is our good too, no?
No I’m not talking about Uphold, I’m talking about Brave!
Just check out some of the amazing stuff they’re integrating and think of how many people will come to our network as they discover crypto in a way that empowers them
There will soon be a true decentralized exchange in Thailand, look no further than AP Asia Tech who are in the process of launching Bitshares DEX Thailand https://steemit.com/news/@apasia.tech/bitshares-update-new-node-by-apasia-tech-reality
Read our blog & let us know if you think we missed anything! We will be updating this blog as your suggestions come in.
🔐 Securely store your OMG on a KeepKey hardware wallet. Use discount code: Reddit60 for 60% off at ➡ shapeshift.io/keepkey
I’m strongly disappointed this list doesn’t feature WaBi. I’m not promoting it (check my reddit page history), im a big fan of Omisego. But they started trading on Binance And it’s doing really good, also the technology they offer is really nice. Please inform yourself but it’s very much worth the investment to me.
my understanding is that the staking rewards will simply be the transaction fees on the network. no new omg tokens are being created. the 140 million tokens that exist right now is all there will ever be. i think it was implied in this medium post: https://steemit.com/ethereum/@antz/backed-by-the-biggest-names-in-bitcoin-and-ethereum-joseph-poon-vitalik-buterin-dr-gavin-woods-et-al-flagship-application-of-the
You can OmiseGo at best rates from CoinSwitch. Visit: https://www.coinswitch.co/exchange/btc/omg/0.1
Here is steps to buy: https://medium.com/coinswitch/how-to-purchase-omisego-omg-from-coinswitch-613b55fc9c06
This token is floating signal with nothing positive to send it up or really negative to bring it down. It oscillates between $20 and $7 on a monthly basis.
If nothing substantial is released in the next few months, expect it to do what it's always done. After the disappointment at EDCON, the new delayed roadmap, the sentiment is not positive and we're on our way to $7.
Hopefully, we can break out of this channel by the end of year, where we at least hold $20.
If you don't believe it, look at this pretty sine wave and tell me I'm wrong:
Correct - you have limit orders where you just set a price and say buy all NEO at $10 or you can set a conditional that says buy NEO at or below $10, so if someone unloads a bunch of neo for 8 dollars - it would buy it for whatever the price the person set instead of agreeing to pay 10 dollars no matter what. It is a bit confusing but the same concept when creating sell orders with stop loss.
Neo is trading at $10 dollars - and you just bought a boat load. but now, you see it drop to 9.50, then 9.00 then it shoots back up to 11. So you feel better, but not exactly comfortable. you can set a sell order on bittrex for autosell at or below 9.00 to save your precious funds. the reason you do this instead of a limit sell is if you are willing to sell at 10 and the next guys wants to sell at 9.50 - all sell orders will go to him first. this basically lets you exit the trade asap while accepting any price below 9.00.
All of this can be done on Bittrex. it is a really good exchange mechanically. If you want to get more out of your crypto-trading experience - I cannot recommend Coinigy enough. (disclaimer: is my personal referral link) it has hundreds of tools, scanners, is connected to dozens of major exchanges and can execute trades directly from one place. I use to just use bittrex and tried using their shitty reports but it was extremely un-intuitive. the candle scaling is weird etc. I have to say, take a run at the free trial - it last 30 days and i dont think it requires a card. check it out, if you are disappointed, I will give you a 100% NO-money back guarantee!
OMG is an ERC20 token is it's compliant with MyEtherWallet. I use a mobile version of MyEtherWallet. It works smooth and I've got no issues with it.
I'll share it with you here, cause it's temporarly not available on the PlayStore unfortunately: https://jumpshare.com/v/0vdkxlndOWq5CdTQjzju
MyEtherWallet owns Parity anyways. I personally stopped using Parity and now only using MEW. Even their app is great. it works smooth and I've got no issues with it. I'll share it with you here, cause it's temporarly not available on the PlayStore unfortunately: https://jumpshare.com/v/0vdkxlndOWq5CdTQjzju
This comes up every so often, so maybe it's worth sharing some stats. Subscriptions vs. unsubscriptions is mostly level.
https://monosnap.com/direct/x7hXkE8kXXyC7Z22ykQu7dj4G1TURY
IMO, unique visitors per month is one of the more useful metrics. There were more unique visitors this month than there were in August, September or October. Uniques are up 29% from November.
You are right. Commits to master are usually small so you would rarely find anything major unless you step back and see the bigger picture. In this sense, wouldn't you agree that a code base with all these tests is pretty interesting? https://imgur.com/nfJ3oNW
See full test results at https://circleci.com/gh/omisego/plasma-contracts/9535 -> Expand the "Run tests" step and scroll towards the middle.
I ordered my Trezor from this seller on amazon-https://www.amazon.com/gp/product/B00R6MKDDE/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1
All I want is piece of mind for my OMG coins and I just read how people can place a chip in these things or something that steals your coins!
I really wish the team would take note of the criticism and worries coming from some of the long standing members on here, and at least acknowledge them, or try to give an insight into what's going on.
Recently Pesabase have said they are building on Celo network instead of OMG, and Hydro are launching on Ethereum due to exit period length. We are hearing of development issues second hand, and it seems like the community's faith is wavering.
I am trying to find it. I posted it in the daily back in late 2018/early2019 under an old account.
If i recall correctly, they had just pulled an old POC of a Plasma MVP DEX to use as a framework to build one of their DEXs/POC or something of that matter.
Not insinuating that Celo will use the OMG network.
Just stating that they pulled one idea/feamework/template whatever you want to call it from OMG.
If I understand correctly, Celo is creating their own blockchain base on Ethereum code. It's not the L2 on Ethereum. So, I think that it's not fair to compare them to omg even though I fully agree with your point that omg are losing their potential customers.
You can get it on amazon for 60 euros. https://www.amazon.de/Digital-Bitbox-Bitcoin-Ethereum-Hardware/dp/B06XGKQ929/ref=sr_1_1?ie=UTF8&qid=1518558868&sr=8-1&keywords=digital+bitbox&dpID=31QiO6t9HfL&preST=_SY300_QL70_&dpSrc=srch
Not gonna lie, I would probably also have gotten the ledger, but paying 150+ or waiting another 1 1/2 months both didnt sound very appealing. I will use the wallet as cold storage anyway, so probably rarely send from it. To check your balance/verify that transactions have come through you can simply use etherscan, no need to plug in the wallet
> You'd want to double check this, though. Although I'm certain that OMG can be stored in regular wallet, multisig wallets are a wallet contract.
Jaxx can be installed on your phone, although i've never used it for storing OMG https://play.google.com/store/apps/details?id=com.kryptokit.jaxx&hl=en