not to be sceptical, but can't xrp do this alswell, faster, cheaper and way way way more actuall partnerships(ripple). wheras, Coil uses xrp for micropayments. please change my mind.
I don't understand what OMG offers that literally any other coin offers. Case in point: When can't a person in Bangkok buy Bitcoin, send to the wallet of someone that lives in Vietnam and then convert into local currency? How does OMG help in this situation?
Pwnsweet Yes, they can use bitcoin, but IMO it's to do with the branding of each individual coin. Omise already have an established trust with the people of these countries in which case will mean acceptance will grow much faster than other coins.
Been waiting for this video! OmiseGo is my largest and favorite long term investment outside of Bitcoin. Bitcoin is the future of value and OmiseGo is the platform to spend that value. My favorites.
Edmund Watching TenX, it consolidated more than I wanted. But if it stays strong on its trend line I'll buy back in on the next dip in the upper $3 range.
Very informative and precise. Love watching your videos. Makes life so easy that we do not have to spend time researching every coin. Keep up the good work!
both vitalik and joseph poon are advisors (in fact they got many more, Gavin Wood, Roger Ver). Since Joseph co-authored the paper, I wanted to name drop him more. But yes, Vitalik is an advisor and he was there when they talked with the Thailand Minister of Finance.
The depth of this team is it’s best strength compared to over competitors in this industry. I believe Vitalik is pretty involved as far as advisor tile goes.
How much are 'advisors' really involved in a project? To me it often feels like an ad, where you give this title to a famous person and get more credibility and exposure in return.
I read somewhere that McDonald's in Thailand is going to start using OmiseGO as a payment channel very soon. There is a rumor that the new iPhone might have OmiseGo software for the face recognition as a password. Just saw OmiseGo twitter page saying "the Ministry of Finance in Thailand, started using Omise Facepay."
Great video, also covered the white paper and information on the token! Will you make an update video on NEM soon? They are making great progress, but nobody covers it...
Thank you again, i really enjoy watching your videos. Compared to many other channels, this one seems to focus on the tech too, not just on shady investment tips from people that don't have a clue about technology. Keep it up! (Subscribed weeks ago and recommended your channel on several occasions!)
What is the OMG coin actually used for? I mean, what is the coin's function. For example, ether functions within ethereal (gas), but I have no idea after reading the white paper how the OMG coin functions... thanks, Boxmining!
Great video as always Michael! I found this older video of yours while doing some research into OMG after it's jumped 20% in the last 24 hours due to the new exchange they've announced. Do you have any updated opinions on this? Are they still uncommunicative and not delivering as much as they should be in your opinion? Many thanks in advance!
I saw this post on reddit about OmiseGo and had a bunch of questions: "It's like Proof-of-Work (PoW) mining but without the need for hardware - and if you do bad stuff the network doesn't like, you don't burn expensive electricity without reward like in PoW, instead you lose some of your OMG." ...Doesn't this just mean that the OmiseGo token itself will only be in demand by people who have tried to harm the network (they now need OMG tokens to conduct transactions because their original ones got burned)? And for the people who want to use the Omise platform to transfer money, it seems they would have to buy OmiseGo tokens as stake to make transactions? Who would pay money to do that, especially if the price of the coin goes up?? Venmo is popular because it's free, OmiseGo would be similar to venmo but you have to buy tokens to make transactions, and you have to have these tokens in your account at all times to satisfy the Proof of Stake in order to make transactions? Doesn't make sense to me.. Is OmiseGo a utility token, a platform, a cryptocurrency, or a security that allows you to take ownership in their company?
Hi Michael thankyou for all you do. Can you please explain the difference between what OMG is setting out to do and TENX. And do you believe that either one of these two companies will be the dominant long term player? Thanks
Maybe a dumb question but why do crypto's (let's say bitcoin) need a platform like omisego to transfer value between countries? I thought that was one of the main ideas of bitcoin on its own
you dont by milk from teh corner shop with nuggets of gold... to cluggy and cumbersome... BTC is the Gold... other crypto's are the silver, copper etc... Newer technology also... faster transactions...
Who is stopping OMG from introducing their own credit card under VISA or MASTER or AMEX wing? TenX to my opinion never going to grow (price of their coins ) to anything significant...the idea they are selling is not new and already been implemented multiple times..Here in US you are already can use The Shift card provided by coin base for $10 to anyone where it is legal to have such card...If the SHIFT add more alt-coins to their support list then TEN-X along with Monaco not gonna have a chance on US market for sure...
Love the Video Michael!! Could you cover Binance too? It's a new exchange with an interesting fee system and their own coin (you get 50% fee discount when you pay the fees with the Binance coin (BNB). This should result in BNB rising further and further the bigger the exchange gets).
Billy Zaturoski Both are involved in payments but not in the same way. Tenx is focused on the consumer part of the transaction, omg is part of the merchants end of transaction. Both techs could link up well. Tenx has expressed that working together would be awesome.
so how do i transfer money to another country using Omise Go (when its built)? Do I give my fiat currency to Omise PoS and recipient public key. And then they give me some Omise Go token and then they transfer and pay miners in Ethers (?) and recipient takes Omise Go to another PoS and get fiat?
OmiseGo Total Supply:140,245,398 and the Circulating Supply:98,312,024. This means its price is very lowest, and usually after one boxmining video about that the price pumps.!! I believe that :D
KRLE2582 thsnk you for asking. I want to know about it as well. I have missed many waves abd with safex currently below 300sat i can catch a big wave though have limited funds and dibt want many coin in pocket with min ROI
Can anyone clearly explain the difference between the payment solution OmiseGo is offering, in comparison to let's say TenX? The also claim to serve as a single wallet wherefrom you can store and spend multiple different cryptocurrencies. I don't see the difference between them, and many other altcoins for that reason. Thanks in advance
Exactly. Basically they're copying Ripple 4 years late. Meanwhile, Ripple is in bed with the Federal Reserve, Bank of England, Bank of Japan, and Bank of America. Good luck OMG
there will be no blockchain banking competitors who will receive unanimous support from the top guys in the community. OMG is a winning lottery ticket .
Tenx tokens will get passive income. OMG tokens will be turned into full OMG coins once the blockchain is built. So TenX = Tokens. OMG = Full blockchain. so no, they have different use cases.
I'm sorry but I'm struggling to understand how buying OMG coins can benefit you, apart from fun speculative trading, if the reason for the existence of this coins hasn't even been confirmed? How will having this OMG coin benefit someone, let's say their project is really successful and people all over the world use Omise to exchange FIAT and even BTC/ETH... what is the OMG coin good for?
Most of these companies or entities are just finding that it's a cheap way to raise money without any recourse on them whatsoever...I don't like regulation but a little protection would def help!!
Uh,where can i buy bitcoin cash. I been looking for a week. Apparantly holders can't find sellers,but i been all over google,trying to buy it. Hell,i cant even find a place that will take my fiat money to buy anything! Coinbase suks. $11 fees for only buying $350 worth! Is there somewhere i can buy bitcoin,ethereum,and alt coins in ONE PLACE?! THANKS
Not if you're in the United Staes. Have to buy in through places like Coinbase. Then transfer that to an exchange with a large volume of coins, Bittrex is my favorite.
not to be sceptical, but can't xrp do this alswell, faster, cheaper and way way way more actuall partnerships(ripple). wheras, Coil uses xrp for micropayments. please change my mind.
I don't understand what OMG offers that literally any other coin offers. Case in point: When can't a person in Bangkok buy Bitcoin, send to the wallet of someone that lives in Vietnam and then convert into local currency? How does OMG help in this situation?
Pwnsweet Yes, they can use bitcoin, but IMO it's to do with the branding of each individual coin. Omise already have an established trust with the people of these countries in which case will mean acceptance will grow much faster than other coins.
Im unsure to, you can use tenx card to convert crypto to fiat instantly.
Cost and Tx speed- the other issues.
there really is none. 1 year later and omg is still vaporware without the brand recognition of even bitcoin.
Been waiting for this video! OmiseGo is my largest and favorite long term investment outside of Bitcoin. Bitcoin is the future of value and OmiseGo is the platform to spend that value. My favorites.
don't forget TenX
Edmund Watching TenX, it consolidated more than I wanted. But if it stays strong on its trend line I'll buy back in on the next dip in the upper $3 range.
Sh
Very informative and precise. Love watching your videos. Makes life so easy that we do not have to spend time researching every coin. Keep up the good work!
Why did you not mention Vitalik as advisor?
Tung Nguyen Indeed. The Co-founder of ETHEREUM AND Roger Ver being a advisor is HUUUUUGE
both vitalik and joseph poon are advisors (in fact they got many more, Gavin Wood, Roger Ver). Since Joseph co-authored the paper, I wanted to name drop him more. But yes, Vitalik is an advisor and he was there when they talked with the Thailand Minister of Finance.
The depth of this team is it’s best strength compared to over competitors in this industry. I believe Vitalik is pretty involved as far as advisor tile goes.
How much are 'advisors' really involved in a project? To me it often feels like an ad, where you give this title to a famous person and get more credibility and exposure in return.
Your Passion is Superman Level........keep on keep`in on
Thank you so much Sam Lyons!
I read somewhere that McDonald's in Thailand is going to start using OmiseGO as a payment channel very soon. There is a rumor that the new iPhone might have OmiseGo software for the face recognition as a password. Just saw OmiseGo twitter page saying "the Ministry of Finance in Thailand, started using Omise Facepay."
Excellent video as always! Think this project has huge potential Looking forward to seeing their progress :)
besides BTC/ETH/LTC this is one of the few actually solving a major problem.
sirus312 what is it actually solving? Still didnt understood the vid :c
Great video, also covered the white paper and information on the token! Will you make an update video on NEM soon? They are making great progress, but nobody covers it...
can do that soon too
Thank you! Looking forward to that!
Dude please make a follow up video. I'm from HK as well and this is definitely an unmet need in Southeast Asia.
Thank you again, i really enjoy watching your videos. Compared to many other channels, this one seems to focus on the tech too, not just on shady investment tips from people that don't have a clue about technology. Keep it up! (Subscribed weeks ago and recommended your channel on several occasions!)
Thanks so much peter! i'm not a programmer but i've been trying to actively look into the technology and read the white papers
What is the OMG coin actually used for? I mean, what is the coin's function. For example, ether functions within ethereal (gas), but I have no idea after reading the white paper how the OMG coin functions... thanks, Boxmining!
Is it a buy now before year end?
This is the video iam waiting for @omosego @ has huge potential to rise...i have 228 omisego iam holding it for long term..thanks michael
do we still have confidence in Omisego ? Plasma development is having issues.
You really have a perfectly clear and unbiased way of explaining cryptos for us. Thank you man! *must donate*
Great video as always Michael! I found this older video of yours while doing some research into OMG after it's jumped 20% in the last 24 hours due to the new exchange they've announced. Do you have any updated opinions on this? Are they still uncommunicative and not delivering as much as they should be in your opinion? Many thanks in advance!
I actually asked about OmiseGo about 3 weeks ago. I bought it for 40 cents and sold at 80 cents. FML
And its 5 dollar now.. 😂
But what do I actually use OMG, the coin, for? What gives the coin value?
In 2020 OMG hits ath, thanks Boxmining
Great job as always! SWEET and to the point👍🏽👍🏽 Thanks for cutting out the unwanted chat. Not that I don't love to suck in your knowledge...lol
I saw this post on reddit about OmiseGo and had a bunch of questions: "It's like Proof-of-Work (PoW) mining but without the need for hardware - and if you do bad stuff the network doesn't like, you don't burn expensive electricity without reward like in PoW, instead you lose some of your OMG."
...Doesn't this just mean that the OmiseGo token itself will only be in demand by people who have tried to harm the network (they now need OMG tokens to conduct transactions because their original ones got burned)? And for the people who want to use the Omise platform to transfer money, it seems they would have to buy OmiseGo tokens as stake to make transactions? Who would pay money to do that, especially if the price of the coin goes up?? Venmo is popular because it's free, OmiseGo would be similar to venmo but you have to buy tokens to make transactions, and you have to have these tokens in your account at all times to satisfy the Proof of Stake in order to make transactions? Doesn't make sense to me..
Is OmiseGo a utility token, a platform, a cryptocurrency, or a security that allows you to take ownership in their company?
michael, please look into kyber and bodhi.
Super informative I am sure OMG is a winner and very exciting to see where we will be end of year and next year
Hi Michael thankyou for all you do.
Can you please explain the difference between what OMG is setting out to do and TENX. And do you believe that either one of these two companies will be the dominant long term player?
Thanks
Any suggestions on the BEST Trading Platform? Bitfinex or others? Security? Stability? Flexibility? Etc Thanks!!!!
I always look forward to your videos, and yes please go into reasons why Omisego has sustainability. Thanks for all the hard work and research you do.
Why has omg total supply disappeared from coinmarketcap.com,
And the supply has gone above 140 million
Except for the markets that they are operating, what do you think is the different between OMG and TenX
TenX at is current state is about put out credit cards. Comit and Omise Go might have some competition in the future.
Need higher volume my man! Otherwise, great content as always.
You mentioned the project is very ambitious do you think they have the team/ talent to make it happen?
I'm really hyped for this one.
Going to explode Higher! Good long term also.
Loved how you explained this! This is coin is really trying to change the lives of so many people!
Did you read the whitepaper? How can you missed the exchange part?
Hi fantastic video on OMG. A question for you does OMG and the pillar project do the same thing.
hey upgrading again 1st was 100th now 2 th addon with ur code :P keep up the good work
Maybe a dumb question but why do crypto's (let's say bitcoin) need a platform like omisego to transfer value between countries? I thought that was one of the main ideas of bitcoin on its own
Trunks9000 it doesn't just transfer bitcoin to bitcoin but other cryptos and fiat pairs
you dont by milk from teh corner shop with nuggets of gold... to cluggy and cumbersome... BTC is the Gold... other crypto's are the silver, copper etc... Newer technology also... faster transactions...
I buy milk with gold. You got a problem with that?
LTC is the silver to BTC.
do you think this currency will expand to the west or by any chance am I already able ot use it as a currency here in the west?
Nice job here too...you rock bro!
You mentioned Omisego will be Proof of Stake. Do we have to wait for their own wallet to be working so that we can Stake on it?
Whats your updated thoughts on OMG at this point? Thanks
Would appreciate if you could do a video on Bytom. Can't understand much of the white paper and info, most in Chinese
You had me at "poon."
Can anyone answer this question :
When can we see the price of this not dependent on the price of Bitcoin?
Outside of SE Asia, what are the expansion possibilities? I'll have to check out the white paper.
OMG and Tenx(PAY), whats the difference? Are they rivals or do they work in different markets / areas?
Bashar Teg tenx doesn't seem to think they are competitors as they work on opposite ends of the spectrum. It would be great if they worked together.
Who is stopping OMG from introducing their own credit card under VISA or MASTER or AMEX wing? TenX to my opinion never going to grow (price of their coins ) to anything significant...the idea they are selling is not new and already been implemented multiple times..Here in US you are already can use The Shift card provided by coin base for $10 to anyone where it is legal to have such card...If the SHIFT add more alt-coins to their support list then TEN-X along with Monaco not gonna have a chance on US market for sure...
what is difference between xlm and omg?.in the sense that both allow u to transfer funds and also act as a decentralised exchange
DNT please
okay you can transfer value between countries and its decentralized. Is this not the same with bitcoin?
Do we know how many OMG you'll need to hold for POS earnings? Or is there no lower limit?
Love the Video Michael!!
Could you cover Binance too?
It's a new exchange with an interesting fee system and their own coin (you get 50% fee discount when you pay the fees with the Binance coin (BNB). This should result in BNB rising further and further the bigger the exchange gets).
i'll take a look at binance. its on my to do list!
Boxmining awesome! Thank you :)
The concept of OMG sounds a lot like TenX.. Also, both OMG and TenX have Vitalik Buterin as an advisor/investor..
Thoughts?
Billy Zaturoski Both are involved in payments but not in the same way. Tenx is focused on the consumer part of the transaction, omg is part of the merchants end of transaction. Both techs could link up well. Tenx has expressed that working together would be awesome.
update?
OMG to the moon!
can we say OmiseGo is like a descentralized ACH ?
so how do i transfer money to another country using Omise Go (when its built)? Do I give my fiat currency to Omise PoS and recipient public key. And then they give me some Omise Go token and then they transfer and pay miners in Ethers (?) and recipient takes Omise Go to another PoS and get fiat?
Omg will soon hit 10 $ , To da moon
Btw look at all the team members
A 1.5-2 billion market cap is completely reasonable in the next month. Could be more like $15-$20 in my opinion. 👍
OmiseGo Total Supply:140,245,398
and the Circulating Supply:98,312,024.
This means its price is very lowest, and usually after one boxmining video about that the price pumps.!! I believe that :D
Learning About'Life today ;)
To da moon !
Hi @ boxmining .)
whats your thoughts on Safeexchange coin ? got any.
always a pleasure watcing your vids
KRLE2582 thsnk you for asking. I want to know about it as well. I have missed many waves abd with safex currently below 300sat i can catch a big wave though have limited funds and dibt want many coin in pocket with min ROI
Hey what is the limit cashing from ATM and does it support litecoin bitecoon, when is debid card launching
Michael what coins do u hold?
Can anyone clearly explain the difference between the payment solution OmiseGo is offering, in comparison to let's say TenX? The also claim to serve as a single wallet wherefrom you can store and spend multiple different cryptocurrencies. I don't see the difference between them, and many other altcoins for that reason. Thanks in advance
hey. your video is really enriching. can you do a video of the popular cryptocurrencies in china.
Is OMG token now ICO? What's the price? Where or how to buy this OMG now? When will be the IPO ??? Is Bittrex available for OMG ??
Yes, you can buy OMG on Bittrex.
It is on exodus, but system is down just now.
You can now Shapehift Omisego on EXODUS wallet !
It's this what ripple promises too? What's the difference?
Exactly. Basically they're copying Ripple 4 years late. Meanwhile, Ripple is in bed with the Federal Reserve, Bank of England, Bank of Japan, and Bank of America. Good luck OMG
there will be no blockchain banking competitors who will receive unanimous support from the top guys in the community. OMG is a winning lottery ticket .
What is the difference with Narbonne.io or Blockmason.io?
Can you do an update on Omisego please?
Great review on OMG... Bitcoin private airdrop info and/or review soon please 🙏🏆💙💣💥
i have some... buying more after yr video..Thanks
the guy second from the left from omisego with the dark glasses looks a lot like Edward Snowden ;)
How do people without bank accounts transfer their money into crypto? Are there any cash market exchanges?
You don't need them. That's the point of this project. OMG is the backend token.
Will OMG offer a passive income based on the number of transactions volume same as TenX?
Tenx tokens will get passive income. OMG tokens will be turned into full OMG coins once the blockchain is built. So TenX = Tokens. OMG = Full blockchain. so no, they have different use cases.
Could you pleas talk about 0x (ZRX) please? Thank you
I am covering 0x this week :)
Any thoughts on best PoS coin to stake, Hyperstake?
NAV
Pretty good video, subbed
OMG is rallying!
OmiseGo to the moon!
I'm sorry but I'm struggling to understand how buying OMG coins can benefit you, apart from fun speculative trading, if the reason for the existence of this coins hasn't even been confirmed? How will having this OMG coin benefit someone, let's say their project is really successful and people all over the world use Omise to exchange FIAT and even BTC/ETH... what is the OMG coin good for?
lots of speculation of potential future use. it's not a token that will give a portion of future profits (unlike tenx).
Thanks for the free knowledge
look like NEOX which is built-in NEO
Most of these companies or entities are just finding that it's a cheap way to raise money without any recourse on them whatsoever...I don't like regulation but a little protection would def help!!
yeah, unfortunately, it's how the current coin funding game is played right now.
is there something like this available for americans? @boxmining
is anyone else having issues on exodus and shapeshift trying to transfer into omg? is constantly telling me its 'currently unavailable'
Cashe27 i had that problem about 8 hours ago.
Patrick Thomas is it working for you? i cant check atm, at work lol
It's been down for about 20 hours, it sucks!!!
Cashe27 it's working now, I just did it this afternoon
similar to Abra?
Guys, Ethereum is start moving up now .....
What do you think about Nexus (nxs)? I really like to hear from you .
the phone or the coin... jk
i'll take a look
:)
OMG
Do Bitquence please
Uh,where can i buy bitcoin cash. I been looking for a week. Apparantly holders can't find sellers,but i been all over google,trying to buy it. Hell,i cant even find a place that will take my fiat money to buy anything! Coinbase suks. $11 fees for only buying $350 worth!
Is there somewhere i can buy bitcoin,ethereum,and alt coins in ONE PLACE?! THANKS
Not if you're in the United Staes. Have to buy in through places like Coinbase. Then transfer that to an exchange with a large volume of coins, Bittrex is my favorite.
Shadilay thanks,i dunno why i havent asked that months ago. I appreciate your reply,thanks
Bittrex. but you need bitcoin first. Lots of places to buy it if you have bitcoin
This guy is cool af
Th isn't pronounced with Ff
Can you do this kind of video for Lisk? That would be awesome. A lot of good news is coming.
Where / how do I buy this new fancy pantsy coin?
i'm indonesian and i don't know what the hell this coin is...all i know is BTC BCH ETH
OMG I bought!
Who's watching in early 2018? OMG is now 14€ ~ 17$
Prediction early 2019? 50€ ~58$
Lol!
Talk about dtube please 😉🔆🔆🔆
Thanks!