PAY Token will be distributed in august Is that right?
not sure about the PAY distribution date, can someone confirm?Sometimes you gotta retreat out of a dead end so you can go farther forward.
So you are going to sell MCO and buy PAY then?Distributing the 84M PAY tokens that were purchased during the only-minutes-long TenX ICO and finding an exchange for them is a big job that apparently will take Julian and the TenX team weeks to accomplish. When those milestones are finished I'll have the option to exchange my MCO tokens for PAY.
Meanwhile VISA cryptocard Monaco's (http://mona.co) 9.67M purchased MCO tokens have all been distributed (I've got mine) to their purchasers, who had a leisurely four weeks to buy them. With the beginning of MCO trading, those tokens have jumped today from #100 to #96 so far at coinmarketcap.com in $1.5M in trading. They started at $2.33 per MCO on CMC.
The first 24 hours on Bittrex has gone very well, currently at $2.56 per MCO and already working on popping the psychological 100K satoshi barrier. Who knows how high they'll go after that? Already in the first 24 hours they've gained 10% by going from $2.33 to $2.56....
https://bittrex.com/Market/Index?MarketName=BTC-MCO
https://bittrex.com/Market/Index?MarketName=ETH-MCO
Here's the expected ROI multiples on initial investments made today on the "ground floor" vs. various target MCO market caps. The better MCO does now, the more PAY I would be able to buy in a month!
I'll make a similar plot for PAY next month in August 30 days from now (when PAY trading finally starts) and post it here for comparison...
Stop to talk about monaco here.. We are not interested about your comment. Get out please