- SEC just charged Etherdelta founder. What that means is Westerners who buy ERC-20 are going to stay away from any DEX. They are the only ones buying this coin. Nobody else is. OMG's "DEX" (which probably won't happen for years) is going to be useless. -The only thing propping up this coin is Vitalik and his team to scale using plasma
>For example, an implementation dubbed minimal viable plasma "has time constraints, is horrible for UI, and is vulnerable to network congestion," David Knott, plasma researcher for OmiseGo, told the audience at Devcon4.
Vitalik and company want to focus on other scaling solutions
There is literally 0 reason to ever touch this coin. Anyone who can't understand this is absolutely deluded and married to their investment. Hopefully you can snap out of it and stop looking through rose tinted glasses. Your money is gone. It's over. Just admit it.
This is a warning from someone who owned this coin back when it was listed on Bittrex at .60c and sold at $9. Could I have sold higher? Sure. But it was clear this wasn't going anywhere
everything but btc and xmr is useless, this is the biggest redpill to swallow.
if its premined = scam
Ryan Nguyen
Also stay away from the Reddit sub. Those people in there are insanely delusional.
Jeremiah Davis
I agree but because NEX is actually doing everything OMG merely talked about. >highspeed crosschain dex? NEX >instant payment service with cross chain payment matching? NEX >Registered as a security? NEX >actually doing things? NEX
>Daydreaming about doing things OMG
Robert Gomez
Zec, xlm, and xrp are ok too. Eth is a toss up but will probably get rekt by BTC and rootstock. Tbqh, as much as the sec may be doing right now, it's hard to take anything seriously. The IRS s t i l l hasn't updated any of their guidelines, and businesses can't start with anything crypto related. The us federal gov seems to be wilfully wasting time as per usual, but this tech needs to be addressed sooner than later. Please vote for officials that will press this issue if you're US citizens.
Luke Rivera
Shut up newfag pedo supporter... You XRP NPCs are void of logic.
>please vote if you are American to solve the issue. There is no issue to solve! Simply your lack of understanding!
Joshua Torres
>SEC just charged Etherdelta founder. What that means is Westerners who buy ERC-20 are going to stay away from any DEX. lol
Zachary Barnes
i have 2k of these stashed in one of the wallets somewhere.....i've basically giving up on it and really dont give a fuck maybe i'll be one of those people who got rich off BTC last year, forgot about their coins and finally found them one can only hope
Since the OMG dex doesn't exist yet what's to stop them from just registering or asking for an exemption before it goes live? Etherdelta didn't do that which was the problem.
