*** [PRE-ANN][ORME] *** - ORMEUS COIN || the ‘gold standard’ of cryptocurrency - page 7.

paxmao

legendary

Activity: 2310

Merit: 1598

Do not die for Putin

Quote from: debuni on November 20, 2017, 08:34:38 AM

Quote from: KriptoBG on November 20, 2017, 06:56:58 AM

BIG HYPE behind this High Volume is they are launching mining contracts and trading platform and this will be huge

Telegram EANGLISH GROUP for Ormeus Global team https://t.me/joinchat/CSdQqRBlQrbHPGo2ngNz3A

I see, but this still does not justify the 10x pump. Let's they run it and pay at least once the promised "500 000 USD from mining per month". Something around just smells.

It is not to difficult to pump x10 in a very limited market. You can do it with 20 btc.

debuni

legendary

Activity: 1162

Merit: 1002

Quote from: KriptoBG on November 20, 2017, 06:56:58 AM

BIG HYPE behind this High Volume is they are launching mining contracts and trading platform and this will be huge

Telegram EANGLISH GROUP for Ormeus Global team https://t.me/joinchat/CSdQqRBlQrbHPGo2ngNz3A

I see, but this still does not justify the 10x pump. Let's they run it and pay at least once the promised "500 000 USD from mining per month". Something around just smells.

KriptoBG

newbie

Activity: 8

Merit: 0

BIG HYPE behind this High Volume is they are launching mining contracts and trading platform and this will be huge

http://i.imgur.com/seGbrkY.png

Telegram EANGLISH GROUP for Ormeus Global team https://t.me/joinchat/CSdQqRBlQrbHPGo2ngNz3A

debuni

legendary

Activity: 1162

Merit: 1002

How a coin without any info into ANN have a daily volume of over 3 millions USD?

And the coin exploded 10x in past week. What is the reason behind this pump because according to their website they are way behind schedule and are still on Q3 program.

roga

newbie

Activity: 9

Merit: 0

They are working on the backoffice website:

https://ormeusbackoffice1.com/register/femanso

Looks like it will be released soon, I'll just hold my coins a little bit more.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Patriot872 on November 19, 2017, 03:23:22 AM

Anyone checking this project out, you don't have to look far to see It's A SHAM / FRAUD !
The only BTC that's backing this up, is the BTC that you're giving them when you swap your BTC for ORME.

I will have more proof in the next couple days, working to lay it out so there's no BS and Only facts !

DO NOT GET STUCK ON THIS ONE PEOPLE !

any alleged devs i welcome your comments, as the only thing your developing is a plan on how to spend everyones BTC

Can you provide links for proofs? Thanks.
At least inform people here with valid info.
By the way, using the tagline "the gold standard" of cryptocurrency is usually used by crappy projects that uplifts their own coin without valid backing of their claims.

fruitspirit

member

Activity: 164

Merit: 13

i bought 100 ORME, 1 coin for half a dollar ... we're waiting

Patriot872

newbie

Activity: 48

Merit: 0

Anyone checking this project out, you don't have to look far to see It's A SHAM / FRAUD !
The only BTC that's backing this up, is the BTC that you're giving them when you swap your BTC for ORME.

I will have more proof in the next couple days, working to lay it out so there's no BS and Only facts !

DO NOT GET STUCK ON THIS ONE PEOPLE !

any alleged devs i welcome your comments, as the only thing your developing is a plan on how to spend everyones BTC

MustDream

newbie

Activity: 56

Merit: 0

Are you going to give us more information in q4, or earlier?

bluehalk

newbie

Activity: 56

Merit: 0

Quote from: bribed on November 18, 2017, 09:36:42 AM

Quote from: bluehalk on November 17, 2017, 06:29:51 PM

Believe it not, this is the first coin ever that seems to be backed by something other than simply hot air.

Very interesting.

Actually it is not, there are others with crypto as a reserve, such as bancor (ETH reserve) and some others that have a Bitcoin reserve (note that bitcoin as any other currency in general is also only "hot air" because it gets its value only from the people accepting it as a way of payment and trusting in the currency. Remember how much 1 BTC was worth 2013). There is also Tether that (should at least) have a reserve of 1USD for every Tether that is issued. Nobody knows if this is really happening though, it is all based on trusting the tether company. If I'm not mistaken there are also currencies backed by gold and other assets, even currencies backed by real estate shares. Problem is, if there is no valid proof of these assets backing the coin, its also merely hot air.
All that said: I still think this project is really interesting. As it is as you said, something backed by something valuable. Lets wait for the devs to answer!

Yes, I am new to these crypto and so far all I saw in daily ICOs, was that the devs just releasing coins after coins without offering of anything of value, not one that I saw was backed by anything. I agree, BTC is also simply "hot air" and also agree that there is no guarantee if coin devs of ORME coin will do what they say they will, but for time being it at least seems to be backed by something and surprisingly its going up in value.

shnek

newbie

Activity: 1

Merit: 0

Hey, I can tell you why it surged so high the last two days. Ormeus, a MLM company is merging with european MLM company Nano. Both companies issue their own crypto. Today or tomorrow they are announcing the fusion officially so this is the true reason. I am in Nano and now after the fusion will get a great bonus from Ormeus too. I bought some ORME directly too as the company claims it should go to 20USD before the end of 2017.
Clear now?

bravetheheat

sr. member

Activity: 457

Merit: 251

Why this coin has some awesome price, it seems like there is no any reason.
Is there anyone can tell me. Its price will go to 5$.
Unbelievable!!!

bribed

full member

Activity: 238

Merit: 100

Quote from: bluehalk on November 17, 2017, 06:29:51 PM

Believe it not, this is the first coin ever that seems to be backed by something other than simply hot air.

Very interesting.

Actually it is not, there are others with crypto as a reserve, such as bancor (ETH reserve) and some others that have a Bitcoin reserve (note that bitcoin as any other currency in general is also only "hot air" because it gets its value only from the people accepting it as a way of payment and trusting in the currency. Remember how much 1 BTC was worth 2013). There is also Tether that (should at least) have a reserve of 1USD for every Tether that is issued. Nobody knows if this is really happening though, it is all based on trusting the tether company. If I'm not mistaken there are also currencies backed by gold and other assets, even currencies backed by real estate shares. Problem is, if there is no valid proof of these assets backing the coin, its also merely hot air.
All that said: I still think this project is really interesting. As it is as you said, something backed by something valuable. Lets wait for the devs to answer!

Patriot872

newbie

Activity: 48

Merit: 0

This Project is 100% NOT LEGIT guys , If you want to play short term like HYIP then go for it.

Read the white paper and anyone from here should find the flaw.

Stay Clear Unless You're Gambling

bluehalk

newbie

Activity: 56

Merit: 0

Quote

The value of ORME is backed by the “gold standard” of cryptocurrencies, Bitcoin. The Ormeus
Reserve Vault (ORV) is a multisignature Bitcoin wallet address where mined bitcoin from the Ormeus
Mine is deposited as a backing security for the ORME currency. The ORME Enhanced Smart Contract
locks up the bitcoin in the ORV using existing bitcoin protocol opcodes. All bitcoin produced by the
Ormeus Mine will be deposited directly to the ORV.

Nice work guys, can't wait to see this develop further.

roberttrinh

newbie

Activity: 5

Merit: 0

ORMEUS COMMUNITY GLOBAL
https://t.me/joinchat/HUARFhDQO8hdbdndAk7cHg

paxmao

legendary

Activity: 2310

Merit: 1598

Do not die for Putin

This coin can moon if Ormeus does half of what they say they will do. Go for it!

bluehalk

newbie

Activity: 56

Merit: 0

Quote from: bribed on November 17, 2017, 12:59:57 PM

The concept looks interesting. So Ormeus is a mining company that issues their own tokens that are backed by a Bitcoin (the gold standard of crypto) reserve. Did I understand that correctly or did I miss something? I will have a look at the website now and come back with more feedback.

Yeah, have the same question.
Does this mean each ORME token is Ethereum smart contract bound to control the Bitcoin reserve that was mined?

Believe it not, this is the first coin ever that seems to be backed by something other than simply hot air.

Very interesting.

Also, the ICO is private, what does that mean? can we participate in that?

bribed

full member

Activity: 238

Merit: 100

The concept looks interesting. So Ormeus is a mining company that issues their own tokens that are backed by a Bitcoin (the gold standard of crypto) reserve. Did I understand that correctly or did I miss something? I will have a look at the website now and come back with more feedback.

eprocent

sr. member

Activity: 826

Merit: 255

For more informations / details about the Whitepaper, Ormeus Coin Ethereum contract, etc please read official website: https://ormeuscoin.com

Topic: *** [PRE-ANN][ORME] *** - ORMEUS COIN || the ‘gold standard’ of cryptocurrency - page 7. (Read 27841 times)

Topic: * [PRE-ANN][ORME] * - ORMEUS COIN || the ‘gold standard’ of cryptocurrency - page 7. (Read 27841 times)