J. Michael Arrington is the American founder and former co-editor of TechCrunch, a blog covering the Silicon Valley technology start-up communities and the wider technology field in USA and elsewhere. Magazines such as Wired and Forbes have named Arrington one of the most powerful people on the Internet.
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biz doesn't deserve omisego
It's time boys.
Jun sold the company
What the fuck, did they really sell out for only $150 million? Or is he just confirming a deal but no information on the amount?
just keep holding bags round eye
Thats actually great.
This is the alt that will do 300-500x in the next 24 months. Sorry you missed it brainlet.
No problem but I bought at $1.10 - $1.17. So nothing will be lost to me.
this would actually be very, very bad.
The entire payment system would likely be limited to internal use to cut costs on cross border payments within their vertical monopoly as a central data base. As in, no staking and no reason for the token to exist.
Why would they want to share revenue with a bunch of omise goys, when they can have all the money to themselves?
Now if this is really just a partnership agreement and CP Group is just providing cash in/out, that's a different story. Yeah, we're going to pluto.
So you better hope it's not an acquisition.
if they wanted to use it internally, they would build a coin specifically for that purpose. makes no sense to buy a hammer to saw wood.
Omisegoys tryna pump their bags as high as possible before dumping kek dont fall for this newfags
why would they have a coin at all?
Jun (probably) wouldn't sell the company if they were planning to stop working on OMG. 2 weeks ago OmiseGO twitted about recruiting more employees. And now that they are almost at the external testnet stage giving up on the project wouldn't really make sense
which is why I doubt they're selling the company.
Especially for a measly $100m.
What I take from all this is the omg project is relatively independent of noise at this point. They do hold like 19% of the tokens I think on their balance sheet, but what people really need to go autistic on is if the company is worth $150 from their legacy payment network or if omg is priced into the equation. Go figure that out and you’ll know what’s up
You actually think this company is even worth 100m?
HAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
The best part is he's lying to all his employees so they keep working. Just like he lied to all the bag holders.
Are we sure Jun even owns the company anymore? What if he didn't know it got sold like everyone else. He took multiple rounds of financing from various banks and huge investment firms. What if they have majority ownership and sold to CP group?
I want to say you’re a goddamn idiot and nobody is that stupid, but you know what. That’s probably going to be what happened and we’re all going to look like the assholes we are
Imagine how mad they are about OmiseGO if they sold the company without even telling him.
Omisegoys are even worse than tronfags.
You lost money, get over it and get back to waging cuz u sure as hell aint gonna make it in this life
The token had a 2.5b mcap, because they're building a trillion dollar exchange.
Visa, NYSE and Forex all wrapped into one mobile wallet.
Easier said than done. And it's likely to fail. But it's the only legitimate moonshot. If you're all in, you're stupid and if you don't hold any at all you're stupid.
Yeh. I mean I picked up some omg with some of my antshare gains, so technically I’m a “bag holder” but it’s basically all free. As far as what the fuck is going on, who gives a fuck. It’ll come out, and money skelly himself said they are gearing up for plasma so whatever man
It was kind of weird how he said it was fake and then deleted his tweet.
The token HAD that market cap based on pure speculation, and will probably NEVER see that market cap again. I highly fucking doubt they are making a “trillion dollar exchange” how stupid do you have to be to believe that? I’m invested myself but holy shit that is some delusion you have there user, be more realistic with your investments
So many delusional Omisegoys in this thread. This coin is literal gook dogshit.
Sold today as soon as i saw the "updated 2019 q1" roadmap
These gooks have literally done NOTHING for the entire 2 years since ico