"I’m not filled with confidence when I’ve just checked the tokens given to the team and key contributors and 600,000+ tokens have been sent to exchanges since they were distributed. Wtf is going on!
EDIT: 837,500 tokens transferred to exchanges"
88000 - etherscan.io
30000 - etherscan.io
30000 - etherscan.io
100000 - etherscan.io
86000 - etherscan.io
125000 - etherscan.io
100000 - etherscan.io
278500 - etherscan.io
>5.3m USD worth of OMG tokens sent to exchanges 1 hour ago......
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chink scam
Is this real? Holy crap it begins
Holy shit please dump it all. THis would be so juicy.
Wow 5 million in tokens. A drop in the ocean. FUDers really are desperate to discredit the project
not FUD, a warning for the short term atleast.
also it's not so much the amount it's who's selling it. even tho volume has been garbage for months, 5mil USD more of a drop in the ocean than you think.
it will bounce hard after it dumps tho
Wow this coin has gone into Nightmare Mode... THANK GOD LORD JESUS i got out holy Shit
>Holy shit please dump it all. THis would be so juicy.
This. I would be happy to snap up a fat bag of this for 2 bucks
Why on earth are you salivating at picking up "a fat bag" of a fucking exit scam
posting this in every OMG thread won't make your bags lighter user. just sell now and buy back in later
uh oh pissed bagholder
this doesn't change what's happening with the project
a bunch of people are just being paid for their work. they aren't going to hold tokens for a year and be broke in that time
I'm gonna sell some now though, not enough volume to take that much of a dump and hold the price
They obviously don't have some great deal with a major conglomerate if people are selling their tokens now. Why would you sell close to all time low if you had that in your back pocket.
they have received more in private funding from banks than they earned from the ico
idk what point you are trying to make but it's typical for crypto projects to pay employees and contributors out of their owned supply
Coins unlocked like a month and a half ago. Yet they choose to sell now near an all time low. Why?
Is there any evidence of that?
they know this is going back under ico price
Probable because they know we are close to a generalized market crash. It's 5 million in total, not that they will get hurt to pay a measly 100k for insider info.
it's common knowledge dyor
new financial year
>dyor
heh thought so
30m usd from a MUFG subsidiary
now stfu James Edwards
would help if I posted a link...
techcrunch.com
>Setting up to purchase that exchange
ROFLMAO
Do you have any evidence?
Someone else also said it's to pay for office supplies, etc.
yeah I posted I eight minutes ago now ruck off
OMG will bottom out at $3, sell now and rebuy your bags later.
yep we are still a long way from the bottom
once we broke 100k sats the only heavy support is at 40k-50k
Are you like this in real life?
$64...october. LMFAO
JUST
major support broke
its despair right now.
guys i'm scared. it really does seem like i bought into a scam. seems like every blockchain project is worthless. i cant believe i put so much into some meme tech thats not even important
blame the pedo Vitalik for shilling OMG to the normies
you get what you deserve for being stupid and greedy
it was a good idea. just not executed. there's a reason why southeast asia is the 3rd world
DUMP
U
M
P
Even their own staff are dumping...
>not having faith in your own project
aaahhhhhhh sweet lord if this doesn't prove what a shit cunt of a project this is nothing will
was thinking bounce off $5......does anyone else agree? the fact that they could have dumped their bags a month ago when it wasn't at an all time low with terrible volume is disconcerting. jesus
OmiseGo lead team isn't even addressing this correctly.
If this isn't a sell signal I don't know what it is. This behavior will eventually spread, and that's exactly when shit hits the fan.
Imagine working on omisego for 9 months, seeing the token go to $20 but then dumping your tokens at the October 17 low price
Ouch
Jun just needs to buy some new skateboard stickers
thats all
Well, it just hit ~$5.92 on Binance and around the same price on coinmarketcap. Where is the bounce?
>the brain of someone or something small or of someone who is not very intelligent.
to be fair PR/ communication as a whole has never been their strong suit.
still a long ways to $5.00, it bounces just before then I feel