Price dump because that's when MCO devs / "founders" can triple the number of coins in circulation.

Thusly marked.  Let's check back in a week.

I spam a lot?

I think we have different definitions of spam, but you're welcome for the info.

Price will hold fine until the devs can sell, then they'll turn off their pump bot.

I think TENX will get a bump on 31st from negative MCO buzz when the price craters.

Good luck, I think that long term you have a good plan, but you will be in for a rude shock on the first week of Sept.

I think you're wrong.

I bought 3 at about $14, watched it stagnate at $12 forever, and when it hit $38 or so, I sold 2 and kept one.  Then it kept going (in retrospect, I wish I had just held, but I have a strategy and I'm still refining it).  So I have one for free, and since then have bought, sold, bought again, sold again, and basically could buy another one with the profits if I wanted to.  I'll be selling half the freebie when it hits 615k-625k tomorrow, holding the other, so we'll see.  If it craters, I'll use the 307k to buy another one at cheap rates.  If it doesn't, at least I still have half my coin to profit from.  I'm pretty sure it will drop like a rock.

News is burying the lede here.  The real news is that in about 40 hours, the circulating supply of Monaco is going to go way up.  I'm not sure how many the devs have, but there's 9 million in circulation of 30 million total.  So presumably... 21 million.  Terms of their ICO states they can not sell those coins until the app comes out.   That means on Aug 31st, the value of MCO will drop a lot, probably to half or less, as the devs liquidate their coins.  They'll blame the news and 'a fickle market', but it was really a massive influx of new coins on the market that will do it.

Sell, and then rebuy, and watch it recover (it will, not to current levels, at least not for a long time, but it'll recover a lot from the dump).

Hmm well the pump/rally came when I expected it to but it's not hitting the target I thought it would.  I think it's running out of money and can't get through some of the massive sells showing up.   I bet they'll get it stocked up with more BTC before tomorrow night though and run it some more.

Well don't sell off now, they're still pumping it

It'll hit 650k - 700k for a while before The Great Dumpening.

Definitely do sell off before the app releases though.

in a few minutes it's going to pump again, will probably peak about about 612500 sat, then ebb, idle for about a half hour, then do it again.  I think that pump will peak a little over 650k sat.  Then it'll probably idle, another little mini pump to recover from profit taking, and sit around 650-770 a while before there is a massive dump and it'll drop back down to 580-600 for a while.  After the massive dump there will be a couple mini pumps that get smaller each time, an hour or two of not much, then the whole cycle will repeat.  I think that time it'll peak around 720-750 at maximum pump.  

Better get out a little before max pump though, the very second the devs can sell their coins, they will, and the price will crater.  It has nothing to do with the Aug 31st news or the Monaco app.  No one cares about any of that.

---

EDIT:  Much of the guess work above was totally wrong.  Timing was right, anticipating the dump was right, but the pump targets: totally wrong.  I think the bot has dwindling reserves of coin to further pump the coin up.  Maybe they'll stock it back up tomorrow.

The price will crater on the 31st.  Buy it back after it does, it'll probably recover a lot of value.  But it's being inflated right now by bots and a dumptruck of money, so that when the devs can sell their coins on the 31st they'll get more for them.

It's fun to see if you can out trade their pump-bot.

It follows the same pattern and just keeps escalating the scale of it.

It buys coins in a way that inflates the price, in mass and several pages at a time.   When the price inflation has gained enough momentum to no longer need this, at the new higher levels, sell off most of the coins bought at the cheaper prices.  Save some for after a lull in the activity to drop all at once in a way that thoroughly depresses prices enough the bot can buy them all back again at cheaper price.  Then rinse, repeat.

If you time it right you can make a ton off this but take care, it could stop any time.  As soon as they turn off the pump-bot, the price will deflate.  Especially when the 31st hits and MCO staff start liquidating their coin, tripling the circulating supply currently in use.

I see 13 blocks on my dashboard for Antpool for 08-28, although I'm not mining with them right now.  3 of them are empty though, and also all of the ones for today so far.

Sounds like www.shiftpayments.com/card, uses your Coinbase account and current BTC value to convert BTC to cash and use it to pay for stuff.  No fees.  I have one, I like it.

I'll check out Token-Card though, maybe it's got it's own angle worth investing in.

SYS looks very strong.  Undervalued, strong product, good team, good marketing.

Yeah truly a hidden gem with long term legs.

I'm going to try their app out and see what it's about.

[SYS] - Syscoin.org

This is a really great pick dbt1033 mentioned so I picked up some after looking into it a bit.

But the more I read about it, the more I think Syscoin has a legit chance to make the Top 100 coins in no time.

It has some really innovative features that all tie in well with business both big and small, for example:

* A decentralized marketplace

* Encrypted messaging

* Arbitrated escrow for marketplace transactions

* Wallet aliases (much easier to remember than bitcoin wallet id's)

They were the first coin to use Lightning Network, months ago even while BTC still tries to hash out the details.  So their transactions take a fraction of a second while BTC transfers still take 20 minutes <-> 2 hours.

It has a very active development team and professional management.  These features aren't 'in development'.  They're fully functional, right now.

Their market cap is only $82 million right now, with 527,139,802 circulating supply ($0.16 per coin).  That's grotesquely undervalued.  Even a smallish startup gets $150-$200 million when they get snapped up by a bigger fish, and most of them are meh at best.  Personally, I think Syscoin is a much better organization than most of those gone-before-you-heard-of-them startups, and is easily worth 3x it's current market cap.

So I've doubled my initial investment in this coin and I'll be hodling it for a long time, it's not going anywhere but up.

Website: [ http://syscoin.org/ ]

This what I like to do:

Say you buy 1000 coin for $1 each

Wait for it rise to $1.12 per and then sell 900 of them.  Do that first, now the rest is free so go ahead and be greedy with it.

So now you have 100 free coins.  Figure out how much you want to make off each payoff from them.  Let's say $40 per pay off.

Sell 28 * $1.50 = $42

Sell 20 * $2.00 = $40

Sell 14 * $3.00 = $42

Sell 10 * $4.00 = $40

Sell 8 * $5.00 = $40

Sell 7 * $6.00 = $42

Sell 6 * $7.00 = $42

Sell 5 * $8.00 = $40

Total: $328

And then there's a couple left as a long term growth investment.

That's higher return than selling all @ 200%, or all at 300%, if they all hit.  And if they don't all hit, at least you've still got the ones that didn't to reprice later, and you made something along the way.

Be verrrrry careful with this.  It's pumping and will continue to for a while but when 31st hit it's going to drop like a rock, possibly sooner.  I think that long term, whatever it loses after 31st, it will regain, but you could be holding the bag for a while.  If you can afford to burn some BTC, knowing you might lose it, I'd say go ahead and buy in the dips and sell in the peaks for a while because there's huge swings you can profit from.  But be careful!

Just buy in the dips and someone will be along shortly to pump it up to new ATH's.  Then sell at the peak, wait for the bears to drive the price down to half of it's previous floor and a couple hours later they'll do it again.  It's been happening the last two days and I think it'll happen right up to, but not beyond, August 31st.

I think MCO wants their coin to be valuable so when the app releases and they're able to sell their coins (which according to their ICO description, they can't do until the release date), they can dump a bunch off and make a ton.

Don't get caught holding the bag!