Topic: *** [PRE-ANN][ORME] *** - ORMEUS COIN || the ‘gold standard’ of cryptocurrency (Read 27841 times)

We want to list your token on our CoinCasso Exchange 🤖
Could I get a contact of the listing specialist? 🔎

https://www.facebook.com/john.barksdale
https://www.facebook.com/ormeusecosystem/


https://ormeuscoin.com/wp-content/uploads/2017/11/JB.png

Price tanking on news of founders arrest in Thailand.  Never a dull moment in crypto!

After having a really bad experience with Ormeus coin and the poorly orchestrated token swap left me with several useless tokens. I can only surmise that this Ormeus is a scam. The idea that such a swap was required due to the Cryptopia hack in a restricted time frame to only one exchange, while other exchanges, such as Livecoin dropped the listing during the swap requiring me to withdraw my tokens from the exchange. I still have these tokens on my Metamask wallet, and some still on the Cryptopia exchange. The support team did little to help with vague promises and derision by the Airwire team when their exchange failed to handle simple transactions a number of times. I believe that Ormeus is a fraudulently issued security and the SEC may be interested in launching an investigation into this abuse. I am quite aware that many people lost their tokens in this fraud/swap.

Wow...you have to do a full KYC for that token swap. 

SCAMMERS.
 

How you could finish and close the swap,when there is more then 2.5 millions in cryptopia nz...?
 

Ormeus Tokenswap with AirWire — Update
Ormeus and AirWire are working in partnership to facilitate the swap. https://medium.com/ormeus/ormeus-tokenswap-with-airwire-update-3d09710b8a9d

ORME deleted
https://www.livecoin.net/en/news/view/71

Official ORME Token Swap Announcement: Swap Starts on February 10th!
https://medium.com/ormeus/official-orme-token-swap-announcement-swap-starts-on-february-10th-e91b409e5d06

Another SCAM coin

ORME Launches Ormeus Reserve Vault (ORV) Beta
ORME made live their (beta) ORV, giving coin holders & the public transparent view of deposits supporting the base value of ORME. The finalized ORV launches in Q1, 2019

https://twitter.com/ormeuscoin/status/1083425406651371523

Ormeus Cash And COTI Partner To Launch New 'Trustless' Point Of Sale System
https://www.prnewswire.com/news-releases/ormeus-cash-and-coti-partner-to-launch-new-trustless-point-of-sale-system-300770901.html

@Kachika
What is Orme's current hashrate? According to their website it's 200-250PHs. With BTC current hashrate at 35-40.000 PHs, after dropping almost 40% since mid OCT, that's more like 0.5%. They have said they were going to have 700PHs before the end of the year, but I doubt that'll happen.
The circulating supply volume on CoinMarketCap isn't correct. It's at least 30M according to their website, possibly more if you include bounty and market making.
A simple calculation shows that, given 250 PHs and power cost of USD 30 cents per KWh (a low estimate,) they're generating approx. 10,9 BTC a day. That's a profit of around USD 17.000 a day, after electricity cost, not including other operational expenses than electricity, such as facility and salary.
40% of that should go to ORV or about USD 6.800 (2 BTC) a day. We don't have any information about their operational expenses nor their cost of electricity, so we don't know what the actual numbers are, but this is most likely best-case scenario at the moment.

There's no real connection between Orme price and BTC price, and never has been. I believe it was the initial intention and maybe it will one day, but there's no way to explain trading volume or previous price pumps any other way. Price volatility decreased massively after they detached ORME from its MLM roots. Once that happened there was no reason to pump the price anymore and it's been gradually going down ever since.

Don't forget that there is still liability on ORME from Ormeus Global. Soon they're releasing a huge amount of coins, (don't know how much, guessing some X million) from accounts that have been in escrow since Ormeus Global started. Those coins are coming on the market soon. Additionally, they plan to transfer 50 million Orme to the vault to back up Orme Cash when it launches. How is doubling the circulating supply going to help with the price?

About Ormeus Cash, there’s one thing I struggle to understand, and you or someone here can perhaps help me with. What funds are they using to buy those Orme they’re storing in the vault as collateral or backup for Ormeus Cash? Are they using the reserve vault / mining revenue for that?

You have to know before investing in ICO or buying coins, see, bitcoin and ethereum dropped to 90% at ATH, this is really terrible, but if you are patient with Ormeus I don't think you will lose more money

scam, lost all money , price dump , f#ck you

BTC CHECK OUT OUR LATEST PRESS RELEASE! BTC

STANDING STRONG: Leading Industrial Crypto Miner Ormeus Increases Hash Power Capacity

Read More: --> https://www.cryptotimestoday.com/crypto-miners-double-down-ormeus/

Even after many years in crypto...
It's mind-blowing that people actually invested in low hanging fruit for the SEC 

Wait! While crypto as a whole had a tumultuous ride this week with the hard fork of BCH and the following sell off of many altcoins… before you make a rash decision to sell your Ormeus Coin (ORME), read this first. https://medium.com/@ormeuscoin/thinking-of-selling-your-orme-read-this-first-122aec993895

Comparing Exchanges Where You Can Buy ORME
https://medium.com/@ormeuscoin/comparing-exchanges-where-you-can-buy-orme-8ae15c3ff643

Are you wondering where you can buy Ormeus (ORME) coins, and would like to know more about of some of the top exchanges where you can get your hands on this exciting cryptocurrency?