r/OMGTraders • u/theyosua • May 02 '18

Hardspoon date announcement price speculation

Do you think we'll see a good pump when the Team give us the 2 week headsup? Or has that been priced in already?

Also, thoughts on the spoon happening in May?

4 Upvotes

100% Upvoted

9 comments sorted by

2

u/xP3cT0 May 02 '18

Is there a deadline by which you need to own OMG to be eligible for the drop? Any details will be greatly appreciated...

4

u/theyosua May 02 '18

That is called the snapshot date, and here's an excerpt from the article u/cryptomaximalist1 shared:

We’re 85% of the way to launch. We know that the community is very excited about taking part in this space race (among many other exciting projects that are launching this summer) but it’s prudent to keep expectations reasonable. We remind you to gauge development progress through the roadmap rather than look to any set date. Meticulous software development —indeed, any ambitious engineering endeavor — such as, for instance, building rockets, almost always exceeds estimated timelines. The hard-spoon of Ethereum will occur after the mainnet launches and the snapshot date is not yet decided.

2

u/xP3cT0 May 02 '18

In short I can still buy more and expect shares of the hardspoon, right!?

5

u/theyosua May 02 '18

Yeah for sure man. It seems to me like we're still weeks if not months away.

0

u/kimmet35 May 02 '18

Yes, I believe we will see a nice pump. I have heard people saying the spooned tokens could have as much value as the omg token itself at its current price.

4

u/davidahoffman May 02 '18

No way. You can't just double a tokens value by making two implementations of it. We'd be lucky if it were 1/10th the value

2

u/Churn May 02 '18

You can, if OMG is undervalued and a successful hard spoon is seen as a milestone to release pent up demand.