Bitcoin Forum

Is OMG dumping right now? Whats a good price to buy?

Looks its getting correction. I don't think its good time to buy now as bears control the price. It may go even lower. But as I said these are just my guesses. Don't blindly follow please.

If you want to buy omg wait a little bit more. I think there will be one more crash around bitcoin fork. It may be the good time tp buy omg.

first of all you can not really call this a "dump". this is just a small drop in price. a real dump (which is going to come at some point by the way) will be at least 20% big. this was a couple of percentages!

secondly what did you expect? you can't pump an altcoin for eternity. at some point the price stops going up and reverses until it reaches some equilibrium. then it can go up or down from there. although as i said it is not yet dumping.

Maybe it is dumping because of the airdrop some weeks ago. Look at Stellar. Price instantly began to correct after coins have been distributed to airdrop addresses.

I don't think it's a dump, just a correction. Best time in general to buy is when the whole market crashes like the bitcoin fork in the summer.

not much fluctuation in OMG chart. I think it's slowly dumping but I don't expect it to go too low.

Doesn't look like much of a dump, more like a small correction after a long period of pumping. I don't see the price falling much further, 180000 or so at the lowest I would imagine.

Yeah dumping was pretty bad wording, sorry about that.

Was just wondering a good price to enter

OmiseGo? Right? I think its not a dumping as I can see on its changes, less than 1 percent so for me no need to worry for now. Well the price is not bad, it is still high. If you trust this coin then you can buy more and wait the price to increase again and surpass the current ath. When BTC price goes a little bit more higher, this token will also follow.

Why do you guys think it's dumpling and why do you care the dumpling, for me, if it dump i will buy, and the more it dump,the more i buy it, it's not a bad thing as good coins like omg to dump

Because there are worrying about the dumping will be affecting the price an stability of the omisego token, As you can see the airdrop already distributed into the ethereum holders and that makes the possibility for the owner to dump their omisego to get decent money.

The airdrop is really the main reason the price dip, remember also that the price went up in anticipating for the airdrop distribution and are now talking profit from the free tokens they get

Agreed. Give it time guys for now im gonna HODL mine ;D

I sold the most of my OMG coins. I think we are going to see a correction in the next time. I will have a look at a good point for a rebuy. Dont wanna miss that bounce :)

I have bought 12 OMGs now I will hodl until 2018 :) Where do you have your OMGs? Myetherwallet? Are there better options?

Using exodus now. Nice UI and good support/team and can hold multiple types of coins (BTC, LTC, ETH, ARK etc). Check them out!

Buy before its too late! What price did you sell at?

I hope we will see some more blood in next couple of hours. I want to buy in at some cheap prices! :)  ::)

Noooo hope that doesn't happen :-X holding quite alot now oops. How much you planning to get

i agree seems like a correction not a dump

OMG some cheap coins for me :) I ll grab some more.

I will have to agree with you when saying OMG is slowly dumping, it would be better if you consider the current amount as a good price to buy since it might not dump any lower.

It would be a great idea to go in now so that when it starts pumping, you can start making profit. Some of us got in when the value was a bit higher and we are already loosing on our initial investments, however, currently holding and hoping for a quick recovery.

i don't actually think its a much longer correction.

Should get higher soon...OMG has big things coming up.

Here is a good post for any holders here wanting to get some positive vibes going:

https://www.reddit.com/r/omise_go/comments/74795v/putting_things_in_perspective_where_does_omg_go/

Im not holding any OMG and I wish I bought earlier, now it's past my threshold of risk tolerance for holding alts. If I got in earlier I wouldn't worry, but if you miss the initial pump its too risky to try to hold it and getting rich in the process. I will stay on BTC waiting for the next opportunity.

Well I for one just stocked up. If it dips any lower I'll just hodl, because it's not valued this high without a reason. Might not give you x100 type profits anymore but there's definitely a good time ahead

is the airdrop complete? last time I checked I didnt see anything.
I got some ETH and Ive got privatekey and checked with myetherwallet, but nothing.
any idea?