BTC and alts need capitulation before starting the next run. We’ll probably see another big drop soon. Why do you think the prices will drop soon? The trend is still down with technicals breaking down so I think we have another violent drop to go before we start the next bull run. That is the problem with trends. Nobody can estimate when the bounce will happen to recover from the drop. The market recently has been dropping and it worries plenty of people including myself. What makes you say there will be another massive drop before recovery starts? Another big drop will damage investor confidence even more so rather than see a drop in one go I would prefer it if that same drop happened over a period of several days instead of a few hours.
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It's just so adhoc. Like they say oh cards soon we just need to do this thing over here and do this other thing, then months go by, and they say the same thing again.
Seriously they must be burning through cash, they need to actually get some products out there.
That QnA they just did was awkward. The answers sounded like we were still in 2017. They are making no accounts available to explain where the funding is going and how much they paid to buy the crypto.com domain. The Monaco team is headed by Kris from the failed Ensogo so what do you expect apart from delays and failure.
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BTC and alts need capitulation before starting the next run. We’ll probably see another big drop soon. Why do you think the prices will drop soon?
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A bout of panic selling would be quite expected at the end of a bear market.
Panic sells have come to the end. Believe me, the whole crypto market will take off around next 7 days. Stay tuned and keep watching the market to see how it fly, of course including our favorite DASH. Ok I will keep an eye on it. I hope you are right.
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I tried really hard to expose this coin admins as incompetent individuals whose only interest is milking their investors fund, but i was insulted by the members every single time. Kinda funny that after 8months since i started that campaign, Jack decides to state the same thing, and everyone is treating him like a saint for spilling what he should have stated several months ago. personally, i think he is just as guilty as the rest.
Sorry about what happened to you but thank you for trying to raise the alarm 8 months ago. Many people who tend to dismiss those that raise concerns are usually bounty participating users who want to claim bounty and impress campaign managers along with those associated with the dev team. Sometimes it would be non-aligned users too. I had the same issue when I tried to warn people about Betking and some other websites and ICOs. Yes people are sympathetic to Jack but probably only because he has been working for free for many months and because this has affected his studies and probably because the wages he received was mostly in MGO tokens that have no real value and no real future. That should not take away from your excellent and kind efforts in trying to highlight the scam 8 months ago. It is sad people just did not pay attention to whatever it was you were highlighting.
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Too many negative reviews have become in this topic, all this seems to push new users away from the project. But there is nothing better than honest, open and fair criticism. And then everyone makes his / her conclusions. )
Sadly that is true but if the MGO team had done thier job they would be getting positive reviews. This project has been abandoned and the investors have been betrayed. https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/
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That pos is good and all. But let's face the facts. Only a small number of retail businesses around the world will such that PoS while every retailer in the world already has a PoS supporting meastro, mastercard and visa.
With minexpay all retail businesses are covered. Pundix is and will remain a niche market.
Maybe they will incorporate FIAT credit cards in the same POS terminal if they make deals with them.
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Lots of nice press releases and glossy images for promotion what we need right now is stability in the price otherwise people might turn to panic-selling
A bout of panic selling would be quite expected at the end of a bear market. What about now? The price is very low, people are not willing to invest.
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What happened to the "50 BTC Jackpot" that Dean Nolan was promoting after the ICO in 2017?
Was there actually a winner? If someone claimed the "50 BTC jackpot" can it be independently verified and audited to ascertain who the winner was?
Serious allegations have been made against Dean Nolan and Betking so is this "50 BTC Jackpot" part of the bigger range of allegations against him or was there a genuine winner?
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They are playing psychology game with people and majority of early adopters have impression if they will sell their tokens after this long this will be pumped hard. This fear isn't letting people become free after getting rid of this token. It is quite possible they may arrange a pump using some small amount of money in future sometimes. It is painful to keep walking like this being helpless and without getting answers.
Investors have to think about collective lawsuit.
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Now 99% of coins are in red, freebleeding , but BTX is in the green! Is this cos we reached some support line? Is 1.5$ lowest price we can go? There are a lot of good buy oportunities but I think Bitcore is one of the best now! I thought that when it was 30$ and 11$ but I think this is the one What would you say if the price of Bitcore BTX drops to say $0.50? Will you think "this is the one"?
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Some questions here really hurt my beliefe in humanity.
No, you cannot audit this. No, you'll not get your money back. No, they'll not rebuy it. No, no one will hire lawyers for you. Yes, they got Million of dollars and they spend it for travelling, cars, real estates and parties. Yes, you can visit them in Belgrad to see how your money is spend. You'll probably not see Sergey since he has a travelling& enjoy life flatrate financed by your MGO funds.
This project is done. Look at the Sholoms facebook, twitter site. It is basically dead since they got your money. They hired from their perspective some really cheap trolls and an agency that will deal with all the bad recent publicity. You'll all give up in 1-12 month and then they clean what is left to make them shining for the real world. The Sholoms, the successful brothers who tried to make the world a better place. They are so kind and generous. This is was will be left apart from a bank account filled with tons of your money and some believers they'll feed with "soon" and make fun about that.
Sorry you feel so down. I think you wrote an excellent post. What you say about the audit is clear and true. If all ICO mangers and project mangers and project CEOs were bound by terms of agreement to release a balance sheet every month after the ICO until the project goes live along with having multi-signature wallet with ICO funders appointed representative to retrieve funds from the ICO pool, then a lot of this scamming would stop. How is it possible that on so many occasions the people behind successful ICOs are the very same people that are behind the failed projects? How is that when the projects fail there is no audit to determine if a scam took place all the while scammers are travelling all over the world enjoying themselves from funds that are dubious. Many of the same people return again and again to launch more and more ICOs as they make free money. So sad.
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This is not going to be a ridiculous community. Bitcoin will of course win. The speculators have been trying to upgrade, but they have been traveling at the same level since its release.
No doubt Bitcoin is king. Bitcoin Cash is associated with what many from the community think are greedy Ver and Wu
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Bitcore can be a great asset to use with its features but given the chance what else would you like to see added in future updates?
Reversibility option. Tired of getting robbed. That should be impossible to do with adding number of confirmations to all crypto anyway
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Bitcoin Gold is now on top 25 and it means that it's very successful altcoin. But it will never beat Bitcoin...
And your views on Bitcoin vs Bitcoin Cash are?
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Lots of nice press releases and glossy images for promotion what we need right now is stability in the price otherwise people might turn to panic-selling
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The price of Pundi X has been dropping just like other cryptos across the markets but at some point the investors and innovators will understand the technology behind Pundi X and will see the price go up.
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I think that this project is underestimated, but it's just a matter of time. An excellent project with a very strong team and I think that soon we will see the real price of this coin.
Strong team? Do you mean the team headed by CEO Kris who used to be the CEO of Ensogo which collapsed and was under investigation for fraud?
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Bitcore can be a great asset to use with its features but given the chance what else would you like to see added in future updates?
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This guy is really clever and I do not understand why nobody responds from MinexCoin to him? I am also very afraid of the future of MinexCoin, you are right there is no real reason why new investors should invest into MinexCoin.
I noted that too. Even I highlighted his post but the Minexcoin Team seem to just ignore it. That does not bode well at all sadly. If someone does not conform to a particular view or opinion that does not mean they should be excluded from debate. Quite sad behaviour from Minexcoin Team, this is the only time I can think of they have let themselves down. They are usually so polite and forthcoming but on this they have let themselves down.
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