Banking the Unbanked OMGBTC
Updated
I’ve been swamped this past week & seeing as how I wasn’t feeling too well couple weeks prior I’m struggling my hardest to catch up on all the backlogged inquiries/responses & work I’ve got to do so forgive me for not updating the signals as quickly as I’d like to.
Promised you guys an oped and one you shall receive.
omiseGo is one of the earlier tokens developed by Jun & It’s sole mission statement; from the whitepaper.
The notion that 600 million people in Southeast Asia are currently in dire need of access to digital payments yet have no stable financial infrastructure or banking system that they could effectively use to do this.
From the beginning this project and a lot of promise and in 2016/17 there was a lot of buzz and hype around omg as It was already being dubbed “new currency of Southeast Asia” and with an additional 400 million In China/India living in villages/huts and overall impoverished beyond reprieve is indicative of the overall potential this token has.
If you haven’t heard of it or seen it in the top 50 market recently that’s largely because of the development team and their poor marketing/promotion as well as graphic designers and advertisers for they are God awful at their jobs.
They may have stumbled upon something great, but they damn sure can’t market it to save their lives. But this reason we would see OMG hovering from 20-25 USD during bull runs with a median price of $15 and that was the norm —- It’s been on a steady decline ever cents and it leveled out around five dollars.
Six years later I’m looking at the domain and it still has that stupid blue plain UI a 12 year old could create via html.
Eventually it’ll pick up traction or it’ll be shoved aside by an identical/paraphrased yet scaled & more widely accessible+ user friendly... just as Facebook did MySpace: UNLESS they can get their shit together as they still have a lot of promise.
That’s 1 Billion people, 1 in 7.23, who evidently would need this service. Imagine wet markets and bazaars with QR codes
We can finally get these people banked, with Jun and his team operating out of Bangkok— Thailand seemed like the perfect place to start with it’s proximity to neighboring contested areas where these folks are just now tinkering with the first model smartphones we used to have (and long since disposed of — remember that iPhone 1 you traded in/sold/donated?
They’ve all been gathered refurbished and distributed to the most impoverished individuals in China India and Southeast Asia for as little as 2 to 3 dollars.
Here’s where it gets interesting: now that they have smart phones they get to immediately jump to 5G like us without having to go through the dial-up modem process climbing the rungs of the latter and this is all courtesy of the richest man in India a billionaire real estate investor who is also a patriotic nationalist, (as well As capitalist/opportunist) Mukesh Ambani, is investing in his native country by fronting Modi’s government the capital funding & infrastructure to build 3 cell towers (each with a 5G wifi range of up to 200KM) dispersed evenly among the most densely populated slums in India.
So as we speak they are tinkering with her I mPhone’s playing Angey Birds & all excited just like we were in 2006...
I gather it won’t be long before they discovered crypto/Blockchain and it’ll be inevitable that adoption will come.
One things for certain this will be a very exciting year, specifically Q4, and I cannot wait!
I’ve only set one target and one stop loss for the signal and I’ll leave it as a LONG solely because this has been long overdue and I can let you guys know what further targets I’ll be setting on both OMGETH and OMGBTC and a further update sometime tomorrow afternoon but right now is a damn good time to be holding this token and I don’t see that changing anytime soon.
So because the signal above is a short yet I have great prospects moving forward in my TA of this token as a long I’ll leave it in neutral.
Mind you— the publication above, in terms of the time frame, is a short-mid: I’m posting this as a LONG solely because I believe it will have a great run for several weeks if not the duration of the quarter; just as I do with chainlink & cardano. besides it’s not the time to get ahead of myself as we still need BTC to decide whether or not it’s going to keep crossing supports and shattering resistance thresholds or level out and retrace.
Another thing I believe is certain: We are in for what I truly believe will be the biggest and most parabolic altseason of 2020 thus far. Buckle up folks, wee are in for a ride!
*TradingView / Linkdin / Stocktwits / Steemit / FB / Cent / Medium / Twitter / Hive:
Disclaimer
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Promised you guys an oped and one you shall receive.
omiseGo is one of the earlier tokens developed by Jun & It’s sole mission statement; from the whitepaper.
The notion that 600 million people in Southeast Asia are currently in dire need of access to digital payments yet have no stable financial infrastructure or banking system that they could effectively use to do this.
From the beginning this project and a lot of promise and in 2016/17 there was a lot of buzz and hype around omg as It was already being dubbed “new currency of Southeast Asia” and with an additional 400 million In China/India living in villages/huts and overall impoverished beyond reprieve is indicative of the overall potential this token has.
If you haven’t heard of it or seen it in the top 50 market recently that’s largely because of the development team and their poor marketing/promotion as well as graphic designers and advertisers for they are God awful at their jobs.
They may have stumbled upon something great, but they damn sure can’t market it to save their lives. But this reason we would see OMG hovering from 20-25 USD during bull runs with a median price of $15 and that was the norm —- It’s been on a steady decline ever cents and it leveled out around five dollars.
Six years later I’m looking at the domain and it still has that stupid blue plain UI a 12 year old could create via html.
Eventually it’ll pick up traction or it’ll be shoved aside by an identical/paraphrased yet scaled & more widely accessible+ user friendly... just as Facebook did MySpace: UNLESS they can get their shit together as they still have a lot of promise.
That’s 1 Billion people, 1 in 7.23, who evidently would need this service. Imagine wet markets and bazaars with QR codes
We can finally get these people banked, with Jun and his team operating out of Bangkok— Thailand seemed like the perfect place to start with it’s proximity to neighboring contested areas where these folks are just now tinkering with the first model smartphones we used to have (and long since disposed of — remember that iPhone 1 you traded in/sold/donated?
They’ve all been gathered refurbished and distributed to the most impoverished individuals in China India and Southeast Asia for as little as 2 to 3 dollars.
Here’s where it gets interesting: now that they have smart phones they get to immediately jump to 5G like us without having to go through the dial-up modem process climbing the rungs of the latter and this is all courtesy of the richest man in India a billionaire real estate investor who is also a patriotic nationalist, (as well As capitalist/opportunist) Mukesh Ambani, is investing in his native country by fronting Modi’s government the capital funding & infrastructure to build 3 cell towers (each with a 5G wifi range of up to 200KM) dispersed evenly among the most densely populated slums in India.
So as we speak they are tinkering with her I mPhone’s playing Angey Birds & all excited just like we were in 2006...
I gather it won’t be long before they discovered crypto/Blockchain and it’ll be inevitable that adoption will come.
One things for certain this will be a very exciting year, specifically Q4, and I cannot wait!
I’ve only set one target and one stop loss for the signal and I’ll leave it as a LONG solely because this has been long overdue and I can let you guys know what further targets I’ll be setting on both OMGETH and OMGBTC and a further update sometime tomorrow afternoon but right now is a damn good time to be holding this token and I don’t see that changing anytime soon.
So because the signal above is a short yet I have great prospects moving forward in my TA of this token as a long I’ll leave it in neutral.
Mind you— the publication above, in terms of the time frame, is a short-mid: I’m posting this as a LONG solely because I believe it will have a great run for several weeks if not the duration of the quarter; just as I do with chainlink & cardano. besides it’s not the time to get ahead of myself as we still need BTC to decide whether or not it’s going to keep crossing supports and shattering resistance thresholds or level out and retrace.
Another thing I believe is certain: We are in for what I truly believe will be the biggest and most parabolic altseason of 2020 thus far. Buckle up folks, wee are in for a ride!
*TradingView / Linkdin / Stocktwits / Steemit / FB / Cent / Medium / Twitter / Hive:
Disclaimer
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Trade closed: target reached
TP1 CLOSED ON DAY 1TP2 CLOSED ON DAY 2
TP3 CLOSED ON DAY 3
TP3 WAS THE BULLISH CASE SCENARIO: SET AT 1342
do me a favor... since you guys (most of you anwyay) hate to read I"LL MAKE THIS NICE AND SIMPLE FOR YA"LL
SCROLL UP
CLICK THE RIGHT ARROW: EVERYTHING YOU SEE AFTER THAT IS WHAT CAME AFTER MY FOREXSIGNAL.
NOW I KNOW A LOT OF YOU CRYPTOKITTIES ARE NEW SO LET ME BREAK SOMETHING DOWN FOR YOU: THIS WAS NOT YOUR EVERYDAY TOKEN, OMISEGO HASN'T HAD A BREAKOUT OR PARABOLIC SWING LIKE THIS SINCE THE FALL OF 2018... YOU CAN WASTE YOUR TIME FACT CHECKING ME BUT YOU'LL BE WASTING YOUR TIME AS ONCE AGAIN YOU'LL SEE IM RIGHT.
WHY AM I POSTING THIS IN ALL CAPS? BECAUSE THE HUMAN PSYCHE IS RIDICULOUS...INVESTING IS AS SIMPLE AS BUYING LOW AND SELLING HIGH YET NOBODY DOES THAT.. IN Q418 OF LAST DEC AT OUR $3770 BOTTOM EVERYBODY LAUGHED AT ME AND NOBODY WANTED TO LEARN
IN Q118 AT OUR ATH OF 23K + EVERYBODY FROM HIGH SCHOOL (ALMOST 15 YEARS AGO) STARTED CALLING ME UP AND ASKING FOR ADVISE OUT OF THE BLUE WASTING MY TIME WITH BS SMALL TALK PRETENDING TO BE INTERESTED.
LET ME RANT BECAUSE I DESERVE THIS ONE:
THERE IS NO FUCKING EXCUSE FOR THIS PUBLICATION TO HAVE 5 "THUMBS UPS" ITS PERHAPS THE MOST ON POINT AND PERFECT FOREXSIGNAL AND UNLIKE YOUR FAVORITE "PREMIUM" "PROS" WHO ARE SPECULATING THE OBVIOUS ON LOW RISK LOW REWARD "DUHHHHH" CASE SCENARIOS I AM PROVIDING YOU A DETAILED OPED WITH NOT ONLY A BACKGROUND OF WHATEVER IT IS I'M POSTING ABOUT BUT A FOREXSIGNAL, A TIMEFRAME THAT'S 100% ACCURATE (IF ITS NOT THEN ITS USUALLY BECAUSE THE TRADE WAS CLOSED AND TARGET REACHED EARLIER -- AGAIN THAT'S NOT A FUCKUP THAT'S AN "OOPS I THOUGHT IT WOULD TAKE LONGER BUT I GUESS IT WAS FAST" OR IN THIS CASE "OOPS I THOUGHT 1342 WAS THE BULLISH CASE SCENARIO BUT IF YOU TAKE MY FUCKING ADVISE AND SET YOUR ALERTS/STOPLOSSES AND DONT OCO OR LIMIT SELL CONGRATS I JUST MADE YOU A FUCKLOAD OF MONEY ASSUMING YOU BOUGHT AT THE TIME OF THIS PUBLICATION AND ARE SELLING NOW.
YOUR WELCOME.
/RANT OVER.
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