monkia
Giá lên

500% return and 5 other reasons you should buy OMG

BITFINEX:OMGUSD   OmiseGo / Dollar
I've been watching OMG for a while. It had a great start in 2017 and has gone through a nice prolonged period of consolidation which has set it up nicely for a big leg 3 impulse drive. I have been trying to decide how much to invest and so did some research before deciding that this should represent a big % of my portfolio. I wanted to share a few key points with you all:

1. The opportunity vs Ripple ( XPR ) and Stellar ( XLM )
They are in the same space as XPR and XLM (decentralized financial technology for exchange and payment services) but at 1/40th and 1/5th of their respective values. Given the pedigree of team and product (see later), OMG should be at least valued as much as XLM , which would give it a x5 increase.

2. The product
They are building on the ETH platform so they get all the benefit of the investment going into ETH without the cost base. Would you invest in Amazon or a company like Amazon that also has to build the road network, lorries, etc? They also have a product in a closed BETA state (last state before general release) and have a live implementation with a 'huge multinational company', you can read about it here.

3. Great team
VC backed with Ethereum founders (Vitalik Buterin and Vlad Zamfir) and the Thia Government (Thai Minister of Finances) as advisers. They were listed in the Top 10 companies in Blockchain by Coin Telegraph. They are currently recruiting a Head of Communications, which is needed and probably a large reason they are so undervalued vs their XLM and XRP peers.

4. Exchanges
Quality exchanges giving good liquidity (Bitfinex, Binance, Bittrex). The Koreans are yet to jump on board, which will create demand. It has also been identified by quiet a few commentators as having a high chance of being listed by Coinbase. Goldbug1 has a good post here.

5. The TA stack up
We are in the 3rd leg of an EW. Projecting out the current momentum takes us to about $150+ by Feb - which would put it slightly above ( XLM ), which many believe is more than justified given its product and team fit.

I bought into ETH in January 2017 and enjoyed a great ride. I have done the same with OMG over the past week and I'm hopefully on a similar ride in 2018, it would be good to have a few passengers with me!
Bình luận: Thanks for @dropd01 for pointing out another benefit of OMG. Whilst OMG will utilise and integrate heavily with ETH, it will run some of its own network which will use Proof of Stake (POS) rather than POW. In this scenario, owners of coins are paid for the use of the service (rather than miners). Discussions can be found on these two links:

https://www.reddit.com/r/omise_go/commen...

https://www.reddit.com/r/omise_go/commen...
Bình luận: I have a mixture Crypto long term and Trading facilities which I switch between cash and coins depending on if I feel we are bearish or bullish overall (mainly influenced by BTC). Apart from a bit in ETH, I have all my trading cash out on the sidelines, waiting to see BTC stabilise.

In the meantime I am looking to manage my crypto positions to outperform the market. So whilst OMGUSD has taken a bit of a battering I'm comparing this to the market right, I'm content and still feel we are bullish vs the market (primarily BTC):

Resistance turned support at 1600 has held (382 fib of last main bear structure from Sept to Dec).
There is an inverse H&S pattern forming.

There is resistance at 1800-1900 from a previous high (0.5 fib), this will be OMG's next challenge.

Bình luận: We ended up getting a double top. But it's holding well considering what's happening in the wider market. We've just held the 100 MA and upward trend line. Still looking bullish to me.

Bình luận: New commentary here:

Bình luận: Latest commentary here (I'll stop updating this one now):
Thanks for that clear and concise analysis mate. Keep it up! GO OMISEGO!!
Phản hồi
Thanks for @dropd01 for pointing out another benefit of OMG. Whilst OMG will utilise and integrate heavily with ETH, it will run some of its own network which will use Proof of Stake (POS) rather than POW. In this scenario, owners of coins are paid for the use of the service (rather than miners). Discussions can be found on these two links:

https://www.reddit.com/r/omise_go/comments/7fedkm/how_to_stake_omg_for_people_how_dont_have_a/

https://www.reddit.com/r/omise_go/comments/7aohbt/anyone_have_any_idea_about_how_much_in_fees_you/
Phản hồi
You should include a bullet point that the price will increase when they release a price range for staking these coins. If people hold the coin to stake there will be less supply and more demand.
Phản hồi
In the given timeframe i doubt its possible...They have no real release before june
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất