Undervalued cryptocurrency - Episode 1

in #cryptocurrency7 years ago

read time: 3 minutes

After a long break I want to wish you all a warm and pleasant

Hello fellow steemians ( does this word can still be used ?! ),

Few months ago I started to learn about Forex trading and the subject seemed very, very interesting and even if it sounds strange, I took this learning process as something fun and relaxing I can do besides my daily job ( .net programmer ) and my other activities ( kickboxing & gym )...

... after 1000 boring paragraphs about me & trading :)


BACK TO CRYPTO !

Me: Aaaand the choosen one is .....
The other one: OMG, tell us already !
Me: Well, you said it yourself !
The other one: YEEE !!! Wait....WHAT ?
Me: OMG, dude! That's the one... OMG ( OmiseGo )

So, as you saw above, the chosen one is OMG. I did some research around it and it solves a REAL problem most of us have. Bellow I'll enumerate some reasons why I've chose it ( random order; in fact all are number 1 :) ):

  1. Ease-of-access for consumers ( "Any user of Omise GO will be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, loyalty programs, asset management and trading, and other services, in a decentralized and inexpensive way." )

In other words you'll be able to trade, pay & invest without a bank account and without the hassle of creating a VERIFIED account on this site to buy some bitcoins, than you have to transfer your bitcoins to this address, which is on another VERIFIED account on an exchange platform and then you can buy the coin you want ( of course, with less money, because each platform had some fees ). With OMG project you'll be able to pay and trade whatever you want, using whatever currency you have.

  1. Vitalik Buterin ( founder of etherum ) its part of the advisors team. Do you know who else is part of the advisors team ? Look below:
  1. The project already raised 25$ millions dollars.
  1. It's targeting the payments industry and we live in a consumerism era
  1. It's based on one of the biggest companies of this type from South Asia. ( Omise )
  1. Was 0.5$, than 1$, than 7$, than 13$ and now 7-8$, without the project being officially 'released', so this proves how much is expected

If you to find more stuff about this project, I invite you to start reading about it. i don't want to make this post too long.

Thank you & Have a nice weekend !!

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I've been watching OMG for some time now and just haven't invested for whatever reason. I really like what it does and confidence it has, but with BTC on a tear its been doing a bit worse but so has everything else. Do you have any estimates on where it may head in the future?

I’ve bought at ~8$. As you said, every altcoin is doing a bit worse these days due to bitcoin fork and FOMO. OMG team said next week will post a roadmap. Let’s see it and let’s see what happens after this fork and November fork. However, without anything important announced, I think it will be over 12$ by the end of the year. If they announce something big, I look at a 3x/4x increase ( look what this fork did to bitcoin ). I’m really confident in this project, first of all because it solves a problem I also had ( how can I buy a coin without much of a hassle; right now you need an university diploma to buy an altcoin :) )

Very interesting. Well, let's wait for the roadmap, then will see...

Yap... I'm sure will look great

Very interesting. Well, let's wait for the roadmap, then will see...