This is the only token that matters

This is the only token that matters.

Attached: omisego.png (250x250, 18K)

If it achieves it's goals. It's basically the original Bitcoins vision... I know that sounds like hyperbole but it is. That being said how many companies actually attain it's true goals? Not many.

Yes and yes. We'll have threads in 2020 about the pajeets fudding OMG in 2018.

When $1000/token?

$100 is more realistic for ely 2020 user

Nobody knows. Why does this shit always get posted? It prevents any real discussion. It's about adoption. It could earn .01 a day or $10, it depends who's using the infrastructure. My biggest issue right now is that if staking goes live before any adoption the price will tank. You might be able to get in much cheaper, but I guess that's true for everything. I truly think this is something you should plan to ride or die, go down with the ship. It will only take 1 collaboration to start the domino effect.

Staking is for fools.
I will #justhodlgang
Don't want my tokens to get syphoned by asian bomber.

it won't be possible (the team isn't THAT retarded) to earn less than 1 cent per token per day right from the get-go. Any less than 1 cent per token per day is dangerous to the network and no business will trust it (hence, the team being not retarded enough to secure volume before hard launch)

1 cent per token per day is $3.65 per year which is like a %30 annual return for dare i say most buyers.

Once it's proven and the dex, all tokenized forms of valued are traded through omg plasma you'll see a floor of 10 cents per token per day, and a $x,xxx valuation of the token.

But don't hold your breath for atleast two years.

Omise owns 38 million of their own token.
Think about it.. 38. MILLION.

How the fuck can staking be profitable, if at all, for us small holders?
Even 1k OMG is not enough. Think of it like this:
10c/day per token is thrown around a lot.
Omise would earn 1.3 BILLION dollars per year if they were staking all their coins.
Doing absolutely nothing except running their node 24/7.

Fucking dead coin OmiseGoys are deluded

>what is dirupting the entire fintech industry

You took it too literally, of course there are times to sell or DCA. You need to realize there are different types of investors and a lot of that is based on experience. There isn't a clear cut and paste strategy, maybe it's not for you but that doesn't mean it hasn't worked for others. This can also apply to certain projects, you should evaluate each one differently. As for staking show me a better staking model. Just because it hasn't been a very successful mechanic yet doesn't mean it can't or ever won't be.

Read the post above yours. It's about a percentage of returns compared to your buy in. It doesn't matter if you have 10 tokens or a million, it's the same percentage. The more successful the company is there more they will make. I don't understand that logic.

I hope you are right, user.
I have 5500 of these bad boys and am looking forward to staking and earning 6 figures doing nothing

140 mill tokens in circulation

Let's say 100 mill are staked

OmiseGO needs to process 100 BILLION dollars PER DAY in order to achieve the 10c a day earned from staking for each token, at 0.1% transaction fees.

0.1% transaction fee
>Source

Transaction fees are as yet unknown, because they're dynamic, and determined by the chain's validators - which in this case are bonded stakers (like Ethereum in the future), as opposed to miners (like Ethereum and Bitcoin today). Fees should express the correct balance between what users want to pay and what stakers are willing to work (risk their capital) on. That is to say, not too low, and not too high - we should want a system that is cheap enough to scale really big because everyone wants to use it, yet pays well enough that a large number of people are incentivised to operate it.

Stop user, logic does not apply to OmiseGO fudders

This ladyboy token is way overvalued.

It will take 1-2 years to deliver any product that remotely resembles their original vision, and it will probably be underwhelming in every way.

>1-2 years late to the market
>100 tps at first, not 1 million as originally claimed
>probably lower volume and fees than holders expect
>probably not adopted as widely and rapidly as holders expect

This needs to go down much further.

I'm doing this to provide the bystanders with enough information to make their own conclusions. Fudders don't bother me, I actually appreciate them when they make sound arguments. Unfortunately that's fairly rare.

It's an absolute possiblity yes. This is the case for basically all of crypto right now though.

is 150 omg enough to do anything?

You answered your own fucking question. Never before in history and not a second before they build the infrastructure could you send ANY tokenized value (crypto, fiat or otherwise):

faster (near instant)
cheaper
more secure
free from sensorship
privately (if required)

for 0.1%. 24/7 365.

Who's going to ever use visa, paypal, jewish legacy systems ever again?

>token
>matters

Let's pretend all these currency coins are going to appreciate in value and be used for transactions. How are you going to pay for anything with them? I'm sure companies will just accept every currency right? No that's not possible right now but it's being worked on.

How many are you holding, user? Inb4 4k

Not even close to be honest. I have a family and other obligations I need to take care of first. I am truly ok with my stack reaching $0, I'm not over invested and understand I'm betting on speculative tech. That being said it is about 70% of my portfolio and growing. I research what I invest in heavily and though many would consider it a small amount, it's all relative.

Fuck I’m up to 4185 of these, sorry i have over 4000 now I’m not gonna make it