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you can shut the fuck up about OMG now

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Thread replies: 12
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File: 1499536246751.jpg (82KB, 900x900px) Image search: [Google]
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the "moon" is clearly over. the only reason it pumped was because vitalik said he will work with it. big fucking whoop.

everyone talking about OMG doubling in price realizes it would have to break a billion marketcap right? that's not happening for a shitty eth token that does nothing.

idiots
>>
u mad
>>
U mad?
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>>3011056
Kekked

Just bought 100k
>>
nope, not mad. I'm an early buyer of NEO :)
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>>3011083
This isn't video games kid, no need to be a fanboy. You're allowed to buy both :)
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>>3011099
but it would be stupid to buy OMG at this price.

thats why its crashing
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>>3011112
I work for a company in this space (ETH), a BIG one, and right now the head is in talks with the head of Omise and combining some of the dApps that we have "produced" with them on something special.

Trust me, this is just starting.
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>>3011474
I don't trust you and presuming I should ensures you are a liar.
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>>3011056
Are you blind? Look at the buy orders, everyone is buying like crazy. And volume keeps growing, it will reach 10$ by sunday 100%. Why hate, just buy and enjoy free money
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>>3011056

Omise (a corporation) is building it's own payment network, so that they don't have to rely on expensive, existing systems. Their profit (as a company) will soar the more they drop payment processing costs. Let's assume OmiseGo represents all future payment processing for Omise, and they move off their legacy stack.

>https://techcrunch.com/2017/07/05/omise-paysbuy-dtac/
Omise just acquired Paysbuy, which does 2Bn THB (thai bhat) in volume, or ~$60M USD / year.

There are no public records of Omise' payment volume, but we're going to back into it. Paysbuy is the absolute floor of our estimate.

>https://docs.google.com/presentation/d/1Bp4KT-W8RF4ZorPUthts8X-B7QHBhsEnY1T5G7XifU0/edit#slide=id.g1421568192_0_11
Google and Temasek released a joint report in May that called Southeast Asia the “world’s fastest growing internet region,” translating into a $200 billion e-commerce market by 2025. Omise is the "Stripe" of SE Asia, and looks set to take a significant portion of the growth. Their roster of clients is pretty sick,

>https://medium.com/@jun_omise/the-omise-force-awakens-2015-2016-ef839508a17e
As of June 15, they are signing up 2000 merchants per month.

>https://www.omise.co/can-i-get-a-lower-fee-from-omise
Let's assume their growth has been consistent; they now would have ~50,000 merchants. Some merchants have lots of volume, some small. Let's assume each merchant is averaging only ~.1M THB (1/10th of their "better pricing" lowest level), or $3,000/mo; this would be $1.8Bn/yr of total transaction volume, today.

With 10X growth assumptions, they would process $18Bn/yr of transaction volume.

>https://www.omise.co/pricing
Omise fees start off at 3.65%. For OmiseGo to make their business profitable, fees have to be less. Let's go super low, and assume 1%.

The token holders, in the aggregate, would be earning $180M/yr. At a fair multiple, this is $25/OMG.
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>>3011543
You know coins don't drop when everyone is buying right? It means the opposite
Thread posts: 12
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