What fee range do you think Vitalik "Rent Extraction is Evil" Buterin will vote for?
OMG - REMINDER
Levi Perez
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Jaxson Walker
Hey miglet
Jace Hall
Not this thread again, even chainlink memes are not this annoying.
Thomas Fisher
Holy shit, that's lower than I thought.
>1 dollar a year
More like 10 cents a year
HAHAHAHAHAHAHAHA
Justin Wood
Is this true guys? someone disprove this or ill sell my 7 OMG
Daniel Richardson
>again
literally just made the meme image. care to talk your way out of Vitalik's post though?
Logan Thomas
No you just edited it
Was 89kb before
Dominic Roberts
OMG is a complete ERC-20 shitcoin that is pretty much reliant on the muh Plasma blockchain for its value.
Speculators, aka deluded omisegoys, are buying stacks of this in the hopes that one day, 1-2 years from now, a bunch of “experts” are going to release this new epic blockchain they’re calling Plasma, to be the end all of blockchains.
Somewhere along the way, it became shilled that OMG will be the token used as the intermediary between any fiat to token conversions or any token to token conversions.
FYI, this is what almost ALL tokens are ultimately trying to achieve.
Eventually, other shitcoins will utilize the Plasma network, thus rendering OMG to be another ladyboi shitcoin
In b4 omisegoys
Elijah Kelly
and here's the final version.
fixed the second "S" and added a nice blue border so its easier to see.
and I'll happily stop posting it IF you actually respond to the point
>no, just saying "muh it'll be voted on" isn't an answer
>because the OMG team and Vitalik and friends control nearly 40% of all coins
>do you really think they're going to vote for """RENT EXTRACTION!!!" prices just to make you rich?
They're not doing it for YOU.
Blake Cox
reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Jaxson Wood
Lmao, you think you could buy 1m tokens for $1000
Youre a fucking idiot
Stop posting
Christopher Rivera
the fuck?
are you retarded?
Blake Richardson
Why do you think Omise would limit their yearly revenue, and also 100% of their business revenue to $300.00 a year?
Carson Scott
They, like Vitalik, are against RENT EXTRACTION
They want the fee to be as LOW as possible.
But hey, since they control fucking 30% of the coins, that won't matter! They'll still make millions while YOU and the goy holders of this shit coin are only going to take home a few shekels a year.
You're fucked.
Noah Barnes
You didn't answer my question, though.
Base on your source, Omise would be limiting their yearly revenue and only source of revenue, to $300.00 a year. In a company of dozens of people, this doesn't seem to make much business stance, so why are they limiting themselves, based on your logic?
Easton Turner
Nobody will stake on the network if the nodes aren't profitable miglet. Market will determine fee range and if some whale and/or pool tries to spam the system then they'll slow down the processing times and customers will just abandon the chain.
Asher Bailey
And furthermore, if rent extraction/rent seeking involves seeking to increase one's share of existing wealth without creating new wealth and is characterized in reduced economic efficiency through poor allocation of resources, reduced actual wealth-creation, lost government revenue, increased income inequality, and they are against that, it sounds as though they're not seeking to increase their own wealth in addition to others?
Adam Wright
Sebastian Adams
friendly reminder that this fudder LITERALLY BELIEVES that OMG whales will vote to earn LESS MONEY on their investments
Jeremiah Kelly
>it sounds as though they're not seeking to increase their own wealth in addition to others?
correct. they think of themselves as fucking humanitarians and are doing OMG for the poor third worlders as a public service.
listen to the way they fucking talk.
Isaac Reyes
I'm confused... by your own admission they're looking to generate wealth for themselves & their tokenholders....this is your FUD?
Ryan Nelson
This thread brought to you by M.I.G.G.E.R. INC.
Man
If I
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Blake Mitchell
ah disregard, read it wrong
Jeremiah Campbell
What I don't think you guys understand is that NO ONE IS EVER GOING TO USE BLOCKCHAIN SERVICES UNLESS THE FEES ARE PRETTY MUCH 0. Merchants and stuff WILL NOT switch to new services unless it's going to SIGNIFICANT PROFIT INCREASE. Blockchains are NOT here to make you rich you fucking NEET basementdwellers, they are here to CHANGE THE WORLD and make everything more efficient and cheaper. They sold you an idea to pay for their development processes.
Matthew Davis
The entire purpose of this coin is to allow some farmers in Thailand to pay their nigger friends in Somalia.
And if you think you're getting fee dividends when Vitalik forces $0.00001 fees because "muh humanitarianism" lol.
Nathaniel Fisher
>mfw he thinks OMG spent 4 years investing/scaling ETH to be a charity organization
>he thinks whales will be happy with $10 a year in staking
>Because he is a nigger he can't comprehend personal finance
Camden Davis
>>mfw he thinks OMG spent 4 years investing/scaling ETH to be a charity organization
that's literally their stated goal.
Gabriel White
>mfw in the facebook data leak, there is only 1 match for 5 foot tall black man in his early 20s in maryland
>mfw it redirects to James Edwards profile
Ethan Price
Omise doesn't need to make money off Go. It's a company and can add fees onto other services it creates. They can essentially run the OmiseGo as a break even service and increase their marketshare and profit from other ventures...
Jacob Morgan
>Vitalik forces
you're pathetic
Gabriel Adams
OMG controls 30% of the coins. Advisors and friends, another 10%
Do you REALLY think Omise would have the balls to say no to Vitalik if he complains about rent extraction of their fees?
He's the leader of crypto. If you want to keep using his brain for Plasma implementation, you'll listen.
Levi Johnson
there is a minimum fee set by OMG on the network (to prevent whales from manipulating)
though I am somehow worried these liberal cucks would do some gay toe sucking bullshit to lower the cost. Either way, the fomo and timeline will still work out in my favor. I'll easily sell this at $400-800 before that happens.
Chase Anderson
This. The market will FOMO pump this really hard once POS launches and people start raking in fees or damn-near fiat directly with Dai. Just be ready to unload when it's time.
Leo Morales
>believing the humanitarian act
Noone actually acts this way, its just a public face. Vitalik probably has some child sex slaves chained up at home.