OmiseGoys

Those sons of bitches were right all along
>the conglomerate is real
>the shinhan card partnership is real
>the 7-11 partnership is real
>the massive payment processing network is real
>the massive loyalty program possibility is real
I have no feels right now because Jow Forums doesn't deserve OMG

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chinjed

shall I go all in right now? I have 30k ....its inheritance money from my dead grandfather ....he told me to use it wisely ....do you think 30k worth of OMG is enough to make it?

ofc is real. crypto is the future retards
1000x inc

jesus you lucky cunt if you do that yu'll make it 100x over

that will be the trade of a lifetime you cannot lose

Unironically do it user.

I hold some and haven't followed omg much, but isn't this bad? They sold out. Unless the conglomerate that bought them intends to do good with them and allow them to freely work and research. Is Jun still going to be at omg or is he running away with the money?

ok user-kun. My stack is on finex Im going to buy gradually. I was going to buy chainlink but that lazy slav is doing nothing but getting fat!

It's a total fucking dice roll right now but man CP could make a lot of money (reducing costs and collecting fees) if they own their own payment processing network. OMG itself makes the network infinitely scalable and gives them a loyalty point wallet template that can be used with merchants inside and outside of their network. Fuck bro it can go either way

Surprised there aren't more posts about this. Huge news but no guarantees

" CP Group, headed by Fortune-owner and billionaire Chatchaval Jiaravanon, is said to be driving a concerted effort to take over companies that could use crypto for payments; including a large agricultural division."

is that good or bad user? You could read it either way

Buy 66% OMG and 34% RLC. Don't put all your savings into only ONE coin even if it has a very promising future
We still aren't sure if the article is fake or not, so be cautious

>buying businesses that could use crypto as a payment
>buying Omise

If you think that’s bad news then you should probably get out of investing.

Or CP is concerned about decentralized crypto ripping fees so they got rid of Thailand's premier crypto company startup on the cheap. $150M is not a huge investment for a conglomerate worth $30B

pls explain the conglomerate meme. I wasnt familiar with this

Since OMG ICO'd they continually talked about working with a nameless conglomerate the entire time. They'd never release the name even when the NDAs supposedly expired so most of us thought they were lying about them.

Rock year

You guys are getting cucked and you don't even realize it yet.

getting cucked or just hit the biggest fucking lottery in crypto history. neither opinion is correct at this point

>$150 million purchase price

That's fucking nothing. It means Omise is essentially worthless.

oh I see. thank you sir

Let me put it this way. Jun decided it was a good deal to sell 30 million tokens, the Omisego project, plus his ENTIRE payment processing company for $150 million. The tokens alone right now have a street value of $60 million.

And you guys think those tokens are going to be worth significantly more in the future? When the one guy that knows the project, the partners, and use cases better than anyone else in the world has decided now is a good time to sell.

Where's your proof Jun sold his tokens?

They aren't his. They are OmiseGO's.

That's one possibility. Another is that part of the low valuation was that existing Omise team members got to keep their tokens. There are quite a few OMG whales and CP may be one of them