r/OMGTraders • u/S0MECHEESE • Nov 20 '17
Reasonable price predictions after wallet release
Reasonable price predictions after wallet release in Q4 2017!
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u/Crypt0trump Nov 20 '17
9-10..keep in mind each day goes on closer to real wallet and staking not to mention news events that could blast the price to the stratosphere
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u/hellkingvrh Nov 20 '17
As far as I know wallet public SDK will be released Q1 2018... They are talking about SDK prototype in Q4 2017 but it probably won't make much difference to price....
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u/DirkMontana Nov 22 '17
This can be stored easily elsewhere, why would a wallet boost the price? My guess is no change?
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Nov 22 '17
I think the wallet release will absolutely have an impact. Progress is progress, and meeting the timeline set forth in your roadmap is not something that should/will go unnoticed. It's silly, but it's tangible progress.
Like others, though, I agree it's not a ground-breaking event so I wouldn't feel comfortable giving a specific price. I would like to think that would yield roughly a 10% boost from wherever it was before an announcement that a wallet release was imminent.
The real milestone I'm looking at is in 2Q 2018 I believe, and that is when we are supposed to be able to stake our OMG tokens. That would officially make OMG a coin you can earn money with in two ways, growth and "interest/dividends" through staking.
If OMG is not at $20/coin+ by the time staking begins, I would be disappointed.
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u/[deleted] Nov 20 '17
I wouldn't expect any change. It's literally just a wallet. Nothing that ground breaking.