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Omnicoin Delisting at Bittrex

Quote:This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Aug 28th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

If Omnicoin is removed at Bittrex then I am done supporting it here on HF. I've calculated my losses so far and it's in the 5-figure range at this time. While I know there are some core supporters of the coin I also know this the OMC value has struggled recently due to heavy sell pressure by a couple large holders of OMC. I can't keep throwing good money into the Omnicoin project. I also feel that I'm being distracted unnecessarily when I could be focusing on more pressing matters.

Every day I basically login to Bittrex and I actually buy OMC to keep the price up and the volume moving. Wasting $20-$100 every damn day. I also pay for servers and accept OMC for the 3P1C group which has almost 1000 members in it. That alone places my losses in the 5-figure range.


I think I've done enough. That's not to say I couldn't have done more but the more time and effort I spend on projects that don't succeed the more my successful projects suffer. So I have to cut my losses on this or at the very least let the project attempt to stand on its own without my help. It could absolutely doom OMC and I'm aware of that. But it's been fun and it's been a good experiment. Maybe it's time we all move on?

Thanks to everyone who did spend their time and effort on this project. If you continue I 100% wish you the best of success.

I'll be putting up millions of OMC on Bittrex for sale at cheap prices. More or less I'm going to empty most of my wallet.
Boo! What's going to happen to the 3p1c upgrade / OMC features / OMC award when you stop supporting OMC?
That's a bummer.. I was hoping OMC would take off..
Damn, this sucks. I'm also interested in what's going to happen to the OMC award and 3p1c.

EDIT: OMC Award will be removed, 3p1c will be purchased with BTC, LTC, and Doge only.
Oh.....Dam ;( This is sad.
Damn boys. Looks like OMC is done.
Sounds good.

When you start selling them I will keep my eyes wide
[Image: KQ5rs.png]
(Aug 21, 2015 12:18 PM)Yani Wrote:  I feel you need to add more functionality to HF that involves the coin.

Eh. There's not that many things he could add. It needs more people to accept it for GOOD proudcts. I said this before. But meh.
If you decide to no longer support it on HF, I assume that that means users will no longer be able to purchase 3P1C? Or will you be adding a Paypal/BTC option to it?
[Image: y38BQ7K.jpg]
When are you going to be putting the OMC up for sale?
(Aug 21, 2015 12:18 PM)Yani Wrote:  I feel you need to add more functionality to HF that involves the coin.

He's taking 5 figure losses already. Accepting a currency that has no value outside of this forum for things that he can accept money that can be made tangible easily (merchant account, PayPal, BTC, etc) is useless.

He's already made a usergroup, auctioned a group, bought OMC - it's going to fall since 13 year old scrubs are the main consumer.

Omni has done enough.
(Aug 21, 2015 12:18 PM)Yani Wrote:  I feel you need to add more functionality to HF that involves the coin.

True and I stated that in my post. But I'm tired of putting resources into this. The distraction is a problem. And just about everything I can do for OMC involves me accepting more OMC into my wallet. That's not a benefit for me.

Unfortunately the sell pressure at Bittrex is huge. There is an 8 BTC sell order at .00001 which is nearly $2000. Likely we'll never pass that price and OMC will remain depressed in value. It just further exasperates the problem and struggles we face.

And anything I plan to do to incorporate OMC into HF I could and should do with BTC which will be received much better by the community.

Quote:oo! What's going to happen to the 3p1c upgrade when you stop supporting OMC?

Converted to BTC,LTC,Doge only.

OMC award is being removed now too. Because I anticipate we'll be delisted. Just going to make the changes now while I have the time.
Sad to hear that,what will happen with 3p1c & sales tag? 🤝

edit: nvm you just answered to my question
Darn I was just buying OMC to buy the award... Next time I guess, Wish you all the luck Omni.
Hi.
I will still continue using OMC

🤝
I buy Amazon Gift Cards & Crypto for CashApp. PM me if you're selling


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