Unbank the Banked with Ethereum: Welcome to OmiseGO
Last Friday, checking CoinMKTCap was such an inspiring thing. It was a walk around the garden, everything green, everything in all time highs, it was really pretty.
Then reality caught up to everyone, a big slap in the face was needed, and China had to turn the music off... for a little.
China is now ilegal territory for Initial Coin Offerings, this announcement put Asia-based companies like OmiseGO on the spotlight but not for good reasons. In two days we saw how almost $30 billion were pulled out from the crypto market, almost all the tokens went down, but the special looser were the fin-tech rockstar of the summer. OMG token dropped to $7.
Now only two days into the market adjustment, when investor are re evaluating their positions on Chinese/Asian companies and future, OMG come back like it was just another weekend, barely touching its all high time with $11.80 per token. Apparently this good projects are still very alive and just getting stronger.
I'm happy I went shopping during the low prices. What do you think are going to be the OMG prices in September? Please share your thoughts in the comments. Thank you for reading.
Cheers!
-176 -
OMG isn't a Chinese based company. Please don't spread wrong information.
You are right. Sorry for the mistake, OmiseGO is Thai. Thank you for reading.
hi!
can we play upvote for upvote? :)
Hey @pennystockhelp
Sure, text me on steemit.chat
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This post has received a 1.56 % upvote from @drotto thanks to: @banjo.
cool!
Holding some OMG? ;-)
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STOPI believe OmiseGo is NOT chinese, but Singaporean!!
Definitely holding OmiseGo! It is such a wide Asian financial project, that it will reach 3-digits within weeks/months.