JohnUser
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April 27, 2017, 07:30:29 AM |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
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biggzi
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April 27, 2017, 07:41:54 AM |
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WTF GameCredits -25% why dump please why why !! loss 4 BTC im buy 0.00084043 Why the price is low ! what is happening !
I'll tell you exactly why.... Lots of people bought into GAME leading up to the mobilego ICO expecting a nice rise as people buy GAME to invest in ICO for the extra 7%. Problem is MobileGo had issues with their deposit addresses and Game addresses were not being displayed. People were so eager to get in (even though the bonus period is for a whole week and there is no cap) they simply decided to sell their game and invest with btc. This lead to a bit of a dump at the start of the ICO and people holding game expecting a nice pump are now joining in on the dump to buy back at a cheaper rate. This is my theory anyway. Price will rise again. Its inevitable they have already raised $7mil and 50% of that is going to go into promoting the gamecredit store, which already has Game integration. MobileGo integration will not be until the end of the year. After ICO.... MobileGO will dump. Game will pump.
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neonshium
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April 27, 2017, 07:51:12 AM |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
Yup. price dump on Game was expected. most of GAME holders are moving to Mobilego. so they are selling their coins either investing them to ICO. thats why you are seeing a big price dump.. don't know if the price will recover or not.
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EDisney
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April 27, 2017, 08:14:29 AM |
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What will the company do with the GAME they get from people investing with Gamecredits into Mobilego?
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Majormax
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April 27, 2017, 08:17:49 AM Last edit: April 27, 2017, 09:52:43 PM by mprep |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
Yup. price dump on Game was expected. most of GAME holders are moving to Mobilego. so they are selling their coins either investing them to ICO. thats why you are seeing a big price dump.. don't know if the price will recover or not. As expected. I posted about this on April 19th (on the speculation thread, where price talk should be). https://bitcointalk.org/index.php?topic=1873396.msg18651360#msg18651360There will be a large amount of Game that has to be sold after the ICO, so the price will stay weak for the next 6-8 weeks.
What will the company do with the GAME they get from people investing with Gamecredits into Mobilego?
That is an interesting question. This is the reply : https://bitcointalk.org/index.php?topic=1266597.msg18662465#msg18662465There looks as if there could be millions of Game to be sold.
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EDisney
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April 27, 2017, 08:26:18 AM |
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Not good... Thanks for the answer.
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Majormax
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April 27, 2017, 08:33:14 AM Last edit: April 27, 2017, 09:52:55 PM by mprep |
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Is there a cap on the amount of funds the MobileGo ico intends to raise? Or is the ico uncapped trying to raise as much as possible. I like to invest but don't want to invest in an overfunded project that will not have much growth potential.
MobileGo doesn't have a cap. But there's good reason. This isn't the average crowdsale. 50% of funds raised are used to market the mobile store which already exists ( https://play.gamecredits.com/). The more gamers we acquire at an average marketing cost of 1.5$ per gamer, the higher the revenue. 10% of all profit from the store is used to buyback and burn mobilego. So more funds means higher revenue, and greater buyback. If we raise 10 million. We very well could have 5 million or more gamers (the average gamer recommends 3 friends). We're talking massive opportunity in the mobile gaming sector which accounts for over 50 billion in sales. There surely must be a cap ? What would be the consequenses if, say, 20million Game was subscribed for MobileGo ? What about say 200k Bitcoin ? These figures may not be so crazy far fetched as they might seem, speculation on crowdsales is growing exponentially atm.
The MobileGo Crowdsale Dashboard is working well. Good quality planning !
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anwgust
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April 27, 2017, 10:03:59 AM |
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Not good... Thanks for the answer. People in cryptosphere are usually impatient and more emotional than analytical. MobileGo ICO was rushed by the majority in the first hours and now the GAME have been dumping as the most important factor of demand for GAME at the moment is MobileGo ICO. But you should consider that after the gamestore goes up, GAME will have a real usage and when marketing takes it's effect the demand for the GAME could grow many times as it is now or as it was right before the ICO started. They have already collected 3.4 million USD for the marketing purposes! In this light it is actually a good thing that they sell GAME via OTC to game developers and gaming websites because it's the same ecosystem they are going to advertise. And I don't even mention which new financial features this GAME/MobileGo ecosystem adds to crptospace. I don't advise anyone to buy, sell or hold the GAME but I think it could be a good time to start accumulate some.
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biggzi
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April 27, 2017, 10:12:57 AM |
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^^^ This!
I don't care how much people dump. I know once that gamecredit store goes live (which is immanent) game will pump to new highs. I'm holding.
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sotoshihero
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April 27, 2017, 10:19:34 AM |
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MobileGo is one of the succesfull ICO right now. With almost $6 million right now plus 4,000 BTC in the pipeline plus ETH,Antshare,waves token, this is really huge. Beside, MobileGo has a good buisness model.
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taipei
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April 27, 2017, 11:19:27 AM |
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Before the ICO ends:
GAME = $ 1.52. GAME isn't a P & D
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biggzi
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April 27, 2017, 11:37:06 AM |
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Before the ICO ends:
GAME = $ 1.52. GAME isn't a P & D
Im betting Game will pump close to $1.50 - $2 in the last week of the ICO
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neonshium
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April 27, 2017, 11:41:30 AM |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
Yup. price dump on Game was expected. most of GAME holders are moving to Mobilego. so they are selling their coins either investing them to ICO. thats why you are seeing a big price dump.. don't know if the price will recover or not. As expected. I posted about this on April 19th (on the speculation thread, where price talk should be). https://bitcointalk.org/index.php?topic=1873396.msg18651360#msg18651360There will be a large amount of Game that has to be sold after the ICO, so the price will stay weak for the next 6-8 weeks. yeah that is fine. but hope the price will start going up after that day. I a m afraid sucess of mobilego could be end of GameCredits. if everyone move to mobilego than the value of gamecredits will never increase.
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biggzi
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April 27, 2017, 11:58:48 AM |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
Yup. price dump on Game was expected. most of GAME holders are moving to Mobilego. so they are selling their coins either investing them to ICO. thats why you are seeing a big price dump.. don't know if the price will recover or not. As expected. I posted about this on April 19th (on the speculation thread, where price talk should be). https://bitcointalk.org/index.php?topic=1873396.msg18651360#msg18651360There will be a large amount of Game that has to be sold after the ICO, so the price will stay weak for the next 6-8 weeks. yeah that is fine. but hope the price will start going up after that day. I a m afraid sucess of mobilego could be end of GameCredits. if everyone move to mobilego than the value of gamecredits will never increase. Why do they need to sell their Game? Lmao why would you sell your Game if your about to spend at least $3.5mil promoting it! lol! They will sell btc to cover initial costs.
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langvad
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April 27, 2017, 12:43:44 PM Last edit: April 27, 2017, 01:21:07 PM by langvad |
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Mobilego ico accept GAME for their ico, I'm sure its one of the reason till the 1st day ico start. GAME holder sell them to go into mobilego
Also most alt have ATH this month, so now they dump.
Yup. price dump on Game was expected. most of GAME holders are moving to Mobilego. so they are selling their coins either investing them to ICO. thats why you are seeing a big price dump.. don't know if the price will recover or not. As expected. I posted about this on April 19th (on the speculation thread, where price talk should be). https://bitcointalk.org/index.php?topic=1873396.msg18651360#msg18651360There will be a large amount of Game that has to be sold after the ICO, so the price will stay weak for the next 6-8 weeks. yeah that is fine. but hope the price will start going up after that day. I a m afraid sucess of mobilego could be end of GameCredits. if everyone move to mobilego than the value of gamecredits will never increase. Mobilego cant do what $GAME does and $GAME cant do what Mobilego will do! Think of it like this, $GAME is the rocket, but to go to the moon n beyond, u need special fuel for it to go at warp speed, that fuel is Mobilego. Symbiotic relationship. If u dont know these basic things, u need to do some research. Watch all the videos made for understanding this and read up on some GAME newsletters. If it doesnt make sense, dont invest, simple.
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Jack Kuveke
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April 27, 2017, 01:50:34 PM |
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GUYS WE AREN'T SELLING GAME WE RECEIVE FROM THE CROWDSALE ON EXCHANGES
ALL GAME WILL BE SOLD VIA STRATEGIC OVER THE COUNTER TRADES
It is not our intention to hurt the price of GameCredits, and cause losses with our investors. These dumps right now our caused by one thing: whale games. Whales always want more when they can manipulate the market. There is steady accumulation and the price will be corrected back upward.
I cannot stress enough we ARE NOT SELLING GAME over exchanges. We'll sell OTC to investors, game companies, strategic partners, etc.
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EDisney
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April 27, 2017, 02:36:18 PM |
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GUYS WE AREN'T SELLING GAME WE RECEIVE FROM THE CROWDSALE ON EXCHANGES
ALL GAME WILL BE SOLD VIA STRATEGIC OVER THE COUNTER TRADES
It is not our intention to hurt the price of GameCredits, and cause losses with our investors. These dumps right now our caused by one thing: whale games. Whales always want more when they can manipulate the market. There is steady accumulation and the price will be corrected back upward.
I cannot stress enough we ARE NOT SELLING GAME over exchanges. We'll sell OTC to investors, game companies, strategic partners, etc.
Interesting. So "investors, game companies, strategic partners, etc." will be able to circumvent the exchanges and get GAME from you without the GAME holders profiting from rising prices ?
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Jack Kuveke
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April 27, 2017, 03:37:15 PM |
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GUYS WE AREN'T SELLING GAME WE RECEIVE FROM THE CROWDSALE ON EXCHANGES
ALL GAME WILL BE SOLD VIA STRATEGIC OVER THE COUNTER TRADES
It is not our intention to hurt the price of GameCredits, and cause losses with our investors. These dumps right now our caused by one thing: whale games. Whales always want more when they can manipulate the market. There is steady accumulation and the price will be corrected back upward.
I cannot stress enough we ARE NOT SELLING GAME over exchanges. We'll sell OTC to investors, game companies, strategic partners, etc.
Interesting. So "investors, game companies, strategic partners, etc." will be able to circumvent the exchanges and get GAME from you without the GAME holders profiting from rising prices ? GAME holders will massively benefit if we don't dump GameCredits on the market. We have worked in the past to keep GAME from dumping. For instance, investors have come to us looking to sell massive quantities of GAME. We have purchased their tokens directly from them to specifically avoid hurting our loyal investors. Like normal cryptocurrency businesses, we have used our own supply of coins for various deals with software developers, exchanges, etc. This is quite normal and is exactly what GAME will continue to be used for.
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biggzi
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April 27, 2017, 03:37:41 PM |
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GUYS WE AREN'T SELLING GAME WE RECEIVE FROM THE CROWDSALE ON EXCHANGES
ALL GAME WILL BE SOLD VIA STRATEGIC OVER THE COUNTER TRADES
It is not our intention to hurt the price of GameCredits, and cause losses with our investors. These dumps right now our caused by one thing: whale games. Whales always want more when they can manipulate the market. There is steady accumulation and the price will be corrected back upward.
I cannot stress enough we ARE NOT SELLING GAME over exchanges. We'll sell OTC to investors, game companies, strategic partners, etc.
Interesting. So "investors, game companies, strategic partners, etc." will be able to circumvent the exchanges and get GAME from you without the GAME holders profiting from rising prices ? lol how long do you think 800k Game Credits will last all suppliers. Once the store launches demand will be so high 800K Game will be eaten away before you know it. Plus I bet a lot of these OTC deal will be to investors. Either way the team will sell the Game at some point whether its OTC or on an exchange... at least this way we can guarantee they wont negatively effect the price of Game.
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reffi
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April 27, 2017, 05:45:04 PM |
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GAME will be huge! $50 usd for sure!
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