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Topic: OmiseGo - page 66. (Read 206877 times)

newbie
Activity: 51
Merit: 0
August 13, 2017, 09:06:12 PM
Maybe this is how Fiat money can get onto the blockchain. People pay via payment gateways that Omise already has ans will provide to get Fiat on too OmiseGo. Then they will maybe issue their own tokens that the company has on their exchange against Fiat and making a huge amount of money from which McDonalds in Asia will receive a good portion in order to cooperate.

But that would not clearify all statements that they claim OmiseGo can do. Furthermore this would be pretty bad for the ecosystem I think since this techology would only get adopted in Asia because of money and not about underlying technology.

Is there any channel where they answer questions, because they do not respond via mail?
newbie
Activity: 18
Merit: 0
August 13, 2017, 07:41:35 PM
Whats so special about Omise and will it hit $20 by this week?

$20 this week? Triple the MC from here in 7 days? I mean we've seen crazier but that's very ambitious. I do see $10 no problem though.

Here's the reddit ppl are active on you can get better intel there:
https://www.reddit.com/r/omise_go/

and https://www.reddit.com/r/OMGTraders/

how much are you paid for all the rubbish you post? ))
full member
Activity: 168
Merit: 100
August 13, 2017, 06:26:48 PM
Whats so special about Omise and will it hit $20 by this week?

$20 this week? Triple the MC from here in 7 days? I mean we've seen crazier but that's very ambitious. I do see $10 no problem though.

Here's the reddit ppl are active on you can get better intel there:
https://www.reddit.com/r/omise_go/

and https://www.reddit.com/r/OMGTraders/
sr. member
Activity: 518
Merit: 251
Hello. Bye.
August 13, 2017, 05:45:20 PM
Whats so special about Omise and will it hit $20 by this week?
hero member
Activity: 495
Merit: 500
August 13, 2017, 04:41:12 PM
Omg i just woke up and the price has doubled again 😎
newbie
Activity: 18
Merit: 0
August 13, 2017, 02:19:30 PM
anyone who doesn't care about Omise, OmiseGo background and just want some easy money - google ANAL COIN. It rises 774% per day. I am serious ))
member
Activity: 83
Merit: 10
August 13, 2017, 02:04:31 PM
OmiseGo  not asking community in reddit to find a customers. They DO it, opening a new office in Singapore is a good step forward from any side of view.

Have you seen these offices? ))
Why would a decentralised blockchain need offices for customers?

Yes I saw an office in Singapore. New one.

Omise  is a startup company which raised back in 2013 , 45 millions $$$.

I will buy more OMG.



Buy low sell high. Low now, high later....Seems simple, but few will do it.

You're right but it's not for everybody. Some just hold Wink

I've been to Singapore 10+ times but never seen Omise... maybe this is a first Singapore office, or maybe I didn't stroll to the right street when i was there...  Roll Eyes
newbie
Activity: 18
Merit: 0
August 13, 2017, 01:50:57 PM
OMG is one of the very few [Suspicious link removed]panies with actual real-world stuff out there.
They are more than just lines of codes.

I see too many too technical "techies" on this forum who do not get that what matters is the customer aquisition,not the code. (It is ok, it reminds me of my job :-) )

It is time to think "product" and "sales channel" for CAC. This is how the blockchain solutions will democratize.

Inho, OMG is worth way more than $1B

Bottom line is:
Speculatively, follow the tech-dudes. They pump coins early, and understandthe tech. Perfectto assess the foundations of a tech.

Long term: think in terms of business: what market, and how this tech can be acesses by the common people.
Currently focus is on China, I wonder when Africa will enter (huge market for unbanked blockchain solutions)

Hey, wake up! )

OMG - is token. Omise is a small local payment transmitter in Thailand. They don't have any blockchain at all !
The price of OMG is just pumped by Bitfinex's bots, "Vitalik is our advisor"-inspiration and by the crowd how wants to become very rich in notime.

There is no blockchain yet. There is nothing!

This thread is only 14 pages long (!) and no answers are given (by any Omise officials) to the questions from 1st post on 13th page. Nobody from omise has come up here and explain how their tech is going to work.


Here is a presentation https://www.youtube.com/watch?v=neCaG0LoKQ0

Now ask yourself why don't use bitcoin or etherium wallet apps to send coins to anyone? ))
Omise is not about crypto at all. It is all about e-wallet and money-transfer with 3.65% per transaction. They are 5-7 years late with this idea because there are tons of companies with e-wallets services out there.
And there was not a single word in a presentation about crypto-currencies. )

I consider it being a totally shittoken. Bubble)
member
Activity: 83
Merit: 10
August 13, 2017, 11:56:37 AM
Does anyone know what the ico price was ??....

1000 for 1 ETH
full member
Activity: 336
Merit: 101
August 13, 2017, 11:46:00 AM
OMG is one of the very few blockchain companies with actual real-world stuff out there.
They are more than just lines of codes.

I see too many too technical "techies" on this forum who do not get that what matters is the customer aquisition,not the code. (It is ok, it reminds me of my job :-) )

It is time to think "product" and "sales channel" for CAC. This is how the blockchain solutions will democratize.

Inho, OMG is worth way more than $1B

Bottom line is:
Speculatively, follow the tech-dudes. They pump coins early, and understandthe tech. Perfectto assess the foundations of a tech.

Long term: think in terms of business: what market, and how this tech can be acesses by the common people.
Currently focus is on China, I wonder when Africa will enter (huge market for unbanked blockchain solutions)

newbie
Activity: 51
Merit: 0
August 13, 2017, 10:16:08 AM
Just like with PayPal you would have a balance on their service. You could continue to use the service as you have in the past or you could choose to instead redeem some or all of your balance for OMG tokens. The token would then hold claim against your balance until it was redeemed by someone else.

The question would remain on if they would value tokens 1:1 with an exchange rate or would instead have some sort of contract instead, i.e. this specific token for this address is worth $500. I do not believe they are expecting the actual deposits and redemption to be made outside of their network though if that is what you are asking.

With paypal you send your fiat money to a centralized company which then will hold your fiat money. In a peer to peer network, who do you send your fiat money to? maybe I did not got your point? Can you explain your sentence with an example?

It will not be a pure peer to peer network at first, as it will require some type of centralization, mainly utilizing the existing Omise infrastructure to on-ramp fiat into the blockchain as you keep referencing.

...

What are you talking about? The few offices or the Pizza company that will for sure not will give up their business for crypto-gambling.
newbie
Activity: 51
Merit: 0
August 13, 2017, 10:04:40 AM
^ It's good to be skeptical - however the same things you raise caution for can be said about a LOT of the new coins that pumped. Hardly any have actual product and the ones that do also take big dips along their journey. At the end of the day all the variables are in place for this to go moon more and more as 2018 approaches, and at the same time yes it can plummet just as easily as any other coin however many other coins are seemingly worthless compared to OMG yet they are skyrocketing.

Sry but releasing a few big eyecatching headlines and giving no information about it is no policy of a company that is valid to gain trust.
member
Activity: 105
Merit: 10
August 13, 2017, 10:01:58 AM
So i invested 700 euro in a shit coin?
newbie
Activity: 51
Merit: 0
August 13, 2017, 09:41:33 AM
If it is like this, then it would be only Asia. But I never saw an Omise retailer in Asia, did anyone else? If so they should clearify this, I mean it is a big plus point for them. At the moment it looks like that they only provide online payment gateways. If somebody owns suchs a big plus point they would promote it. So it still looks very suspicious.

Or do I go to the partner Pizza company and give my money to them that they put it on the blockchain?

I contacted them, let's see if they answer.

That's usually how it works with money transmitters.  They use independent contractors that are already retail establishments so they can earn a little extra gravy.  The advantage here is Omise already has that built out so they don't have to start from the ground up unlike other blockchain-based money transmitters.  It's not easy.

BTW, I don't own any OMG as the price is WAY ahead of reality.  It's just Chinese gamblers FOMO again.  Some day they will learn how to value a business.

But hey, its free tokens!  Add it to the shitcoin pile.  You never know.


I think you miss that Pizza Company will most likely not like to buy more OMG tokens because they would give away their solid company to some kind of rypto gambling. OMG looks highly suspicious. So far also no answer from them.
hero member
Activity: 868
Merit: 502
August 13, 2017, 02:30:36 AM
OmiseGo  not asking community in reddit to find a customers. They DO it, opening a new office in Singapore is a good step forward from any side of view.

Have you seen these offices? ))
Why would a decentralised blockchain need offices for customers?

Yes I saw an office in Singapore. New one.

Omise  is a startup company which raised back in 2013 , 45 millions $$$.

I will buy more OMG.



Buy low sell high. Low now, high later....Seems simple, but few will do it.

You're right but it's not for everybody. Some just hold Wink
legendary
Activity: 1393
Merit: 1001
August 13, 2017, 12:14:09 AM
OmiseGo  not asking community in reddit to find a customers. They DO it, opening a new office in Singapore is a good step forward from any side of view.

Have you seen these offices? ))
Why would a decentralised blockchain need offices for customers?

Yes I saw an office in Singapore. New one.

Omise  is a startup company which raised back in 2013 , 45 millions $$$.

I will buy more OMG.



Buy low sell high. Low now, high later....Seems simple, but few will do it.
legendary
Activity: 1078
Merit: 1011
August 12, 2017, 09:11:34 PM
Just like with PayPal you would have a balance on their service. You could continue to use the service as you have in the past or you could choose to instead redeem some or all of your balance for OMG tokens. The token would then hold claim against your balance until it was redeemed by someone else.

The question would remain on if they would value tokens 1:1 with an exchange rate or would instead have some sort of contract instead, i.e. this specific token for this address is worth $500. I do not believe they are expecting the actual deposits and redemption to be made outside of their network though if that is what you are asking.

With paypal you send your fiat money to a centralized company which then will hold your fiat money. In a peer to peer network, who do you send your fiat money to? maybe I did not got your point? Can you explain your sentence with an example?

It will not be a pure peer to peer network at first, as it will require some type of centralization, mainly utilizing the existing Omise infrastructure to on-ramp fiat into the blockchain as you keep referencing.

The other avenue they are pursuing appears to be that they will also be using external (again meaning centralized) exchanges to kick-start the OMG token, which their longer-term plan is to supplant, or at least coexist with, a decentralized blockchain exchange.

There is no magic want to get from our current fiat system to a pure peer-to-peer system as it requires value and trust. The value will initially come from external and yes centralized entities, but their hope is over-time OMG develops the trust to take on a more decentralized approach.

Demanding that someone come up with all the answers at the onset of a project is foolhardy. As long as they have a long term vision and the current infrastructure to support it, I am sure they will work out the issues over time. I am not claiming they will necessarily be successful, but they are one of the very few ICO projects that have a plan and the means to start executing in a meaningful way.
newbie
Activity: 18
Merit: 0
August 12, 2017, 08:17:41 PM
Yes I saw an office in Singapore. New one.

Omise  is a startup company which raised back in 2013 , 45 millions $$$.

I will buy more OMG.
https://i.imgur.com/ObkelW3.jpg

"Omise - online pxxxxxxxx for everyone". This is what they really are for now. A "centralised" and regulated by local government money transmitting service charging 3.65% per transaction somewhere in thailand and singapore Period

Omise is business which aims to earn money! This is why this tech will never be huge. All they want is money ))
Vitalik is not a businessman and he was driven by another idea....
full member
Activity: 168
Merit: 100
August 12, 2017, 08:12:36 PM
^ Totally went over your head dude. Let's just agree to disagree and you can continue with your selective comprehension.
newbie
Activity: 18
Merit: 0
August 12, 2017, 08:11:09 PM
".....then he can dump onto the market and kill our coin and we can make quick money"

What do you think ICO is? It is exchanging some computer code for real money. This is what OMISE does right now giving you hundreds thousand of tokens every day in exchange of your money. )

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