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Jack Kuveke (OP)
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July 10, 2017, 06:40:28 PM |
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Fair point. Most people in crypto right now are new and have only seen the bull, now they're experiencing the bear. People seeking to join crypto have always asked me for advice, I've told them only put in what you can afford to lose, and be ready to see amazing highs and incredible lows. But many joined and only saw the highs, starting to think there are no low points. Sadly, they are mistaken and will pay the price.
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Chiraag001
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July 10, 2017, 07:12:57 PM |
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What I think is going to happen. It will be bumpy for a few weeks and the market cap of crypto will be coming down further and it will be scary. We may end up somewhere between the 60billion mark and where we are now  . August 1st will happen. It might be quiet for a little bit after this with bitcoin prices taking a time to recover. I think September is when we see the markets start to recover and carry on their merry way. Then we will go on a massive bull run and surpass that 115 billion market cap easily. People will be wondering why they were anxious and panicking in their heads - and also telling other people they werent worried one bit  There is a lot of doom and gloom around here about Bittrex taking time to list MobileGo. I am here to tell you that I think it could well be a blessing in disguise if this thing isnt listed for another month. August 1st will have past - and there will be a little more stability in the market. I believe August is when Gamecredits will be marketed. It could be just the right time to happen. |
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Gio344
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Activity: 94
Merit: 10
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July 10, 2017, 07:15:11 PM |
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Its lit
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bozzler94k
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Activity: 114
Merit: 10
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July 10, 2017, 08:15:29 PM |
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Well, it's happened. MGO below ICO price and dead last on cmp. http://imgur.com/9PWSInvNice paragraphs though Jack. |
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AztecGoldHero
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July 10, 2017, 08:16:09 PM |
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am ı seeıng wrong or mgo down 3 tımes. whıch kınd of stupıds are sellıng 3 tımes down from ıco prıze :S so strange so ınterestıng. super buy tıme for mgo but ı dont have money  Ico price 0.50-0.75$ 👍🏼🤷🏻♂️ at fırst day of ıco wave was 1.5 dolar ether was 80-90 dolar ı dont remember ether prıez much. but at the end of the ıco wave prıze was around 5-6 dolar and ether prıze was around 250 dolar. so real mgo ıco prıse ıs not 0,75 dolar. for some ınvestor lıke me yea ıts 0,7 dolar but for lots of ınvester ıts more than 1,5 dolar. |
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DXB2017
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July 10, 2017, 08:29:40 PM |
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so this is just disaster if you ask me! 50 milion $ crowd...
$0.685916 (-32.43%)
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DXB2017
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July 10, 2017, 08:30:55 PM |
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Yeah,,,disaster for MGO team. $0.685916 (-32.43%) |
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SeDz
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July 10, 2017, 08:39:02 PM |
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Yeah,,,disaster for MGO team. $0.685916 (-32.43%) My ICO price was 25k sat |
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JCB44
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July 10, 2017, 08:48:30 PM |
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Yes it is, however not just for mGO, almost all alts lost a lot of their value today
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DXB2017
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July 10, 2017, 09:12:40 PM |
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Yes it is, however not just for mGO, almost all alts lost a lot of their value today
Big winner is MGO that got 53 milion $!🤕 |
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Zechis966
Sr. Member
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Activity: 350
Merit: 250
http://cointedtoken.com/
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July 10, 2017, 09:19:24 PM |
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Guys, it's not a disaster. It's natural. It sucks that so many people wouldn't lay off the hopium but I too missed out thinking well hell, the market is behaving irrationally it's time to start betting a little irrationally.
IMO, and I'm super long term in the end, I'm about to liquidate like 65% maybe 80% of all my assets for fiat, wait to see bottomish, and buy em back up.
But if the last bull run was for a few months, it's very possible we don't see another bull til november or so.
The ONLY reason it's really crappy is for everyone who's long term AND hodling they're having their assets held (hedl'd lol) up for the duration of the bear.
It's fine for many people, but I'm not a billionaire yet so I would like to capitalize whenever possible, and it hurt to move my MGO from the genesis transaction but I had to do it. If you took out 30k MGO at $1 and get back in at .45......
I'm long term, but now I just can't full blown HODL, not if I see the signs. I ain't gonna be like the fools in Katrina who were like "but this is my HOME" and they dead now AND without home.
I don't expect the down will last as long as the ups, because the money psychology now a days is crazy and speculative...but I don't see it being 2 days to a week like many are trying to make themselves believe
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template
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July 10, 2017, 09:41:16 PM |
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$0.3-$0.4 look it  |
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Zechis966
Sr. Member
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Activity: 350
Merit: 250
http://cointedtoken.com/
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July 10, 2017, 09:52:40 PM |
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$0.3-$0.4 look it agreed. TenX was a hugely anticpated ICO with like 36k people missing out...and that sold for like 120% ICO price stable for a minute...but now is below ICO price. If promising projects like PAY and MGO already hit and dropped below ICO, then why wouldn't they tank? Too much 'traditional' money holding this market up...you really think those kind of investors will let their capital go into the red? The smart, lazy crypto experts will just wait it out, and live off whatever fiat they already cashed in, but most investors here are going to liquidate for now at least. THIS IS HOW IT WORKS ALMOST EVERYTIME!!! They kept testing the market downwards, and now it's looking bearish. It's only gonna take one more big downswing for TONS more people to liquidate, because they'll start anticipating it dropping lower too. I just don't see people being as irrational with the bear as they were with the bull. They're only going to start buying back in with the bull, and it's going to be a weird chicken-or-the-egg thing. I could obviously be wrong, and kinda hope I am so I can just buy back in and ride the rush up again, but I imagine some guy with 500k in cryptos is sitting there hoping (probably from too many noob forum posts read) that the market will just reverse back up in a day. Then he wakes up to 430k the next morning...now he's really hoping that the market reverses, and he buys some more to lower his dollar-cost-average...so say now he's back at 500k (570k total investment) and wakes up AGAIN this time its 345k...he's about to liquidate that and wait for the bottom.
At least that's what I would've done years ago being fresh if I had had that money...and think of how many 'fresh investors' came into this market when they saw how many of us bought dash at $2 or Ether at $5. |
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Jack Kuveke (OP)
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July 10, 2017, 10:05:05 PM |
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so this is just disaster if you ask me! 50 milion $ crowd...
$0.685916 (-32.43% Other large crowdsales like BAT and Bancor are down large amounts too. Our funds were released about a month ago. What projects do you know releasing massive updates to influence their price a month after an ICO (although we did just release our store BETA and announce some major events come August). Let's not be unreasonable. Many people got used to ICO's being good for short term profits. But that was a part of the bull run. ICO's have almost always been slower getting off the ground until development kicks in and the token becomes adopted more in the cryptocurrency community. |
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Zechis966
Sr. Member
Offline
Activity: 350
Merit: 250
http://cointedtoken.com/
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July 10, 2017, 11:43:31 PM |
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Yes it is, however not just for mGO, almost all alts lost a lot of their value today
Big winner is MGO that got 53 milion $!🤕 MGO as a project is super legit. Imagine a website where you just fill in the fields, everyone sends to the address given, and it automatically registers who wins/whatever the parameters are, and distributes winnings for people automatically. It'll be billion dollar potential. If they can do it 😂 |
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adel hmdt
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July 10, 2017, 11:43:45 PM |
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about the 50,000 MobileGo thunderclap giveaway, when and how can i get my 1000 MGO ??
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Bambulee
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July 11, 2017, 12:46:20 AM |
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will MGO listing on Bittrex this month?
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jeffthebaker
Legendary
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Activity: 1526
Merit: 1034
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July 11, 2017, 01:14:44 AM |
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I'm really not concerned about the price at all, and neither should you guys. Once Pixels launches on mobile stores, and people are actually using MGO in game and it's being wagered and won in tourneys, price is going to explode. Just be patient my friends.
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Jonesd
Legendary
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Activity: 1876
Merit: 1014
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July 11, 2017, 01:47:20 AM |
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I'm really not concerned about the price at all, and neither should you guys. Once Pixels launches on mobile stores, and people are actually using MGO in game and it's being wagered and won in tourneys, price is going to explode. Just be patient my friends.
Me neither, so I just bought a large chunck of MGO. |
Co-Founder and Managing Partner of Block Bastards
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jeffthebaker
Legendary
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Activity: 1526
Merit: 1034
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July 11, 2017, 01:50:51 AM |
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I'm really not concerned about the price at all, and neither should you guys. Once Pixels launches on mobile stores, and people are actually using MGO in game and it's being wagered and won in tourneys, price is going to explode. Just be patient my friends.
Me neither, so I just bought a large chunck of MGO. Mobile gaming is a gargantuan industry, and it's something that is here to stay. MGO provides a solution that is beneficial for developers to participate in, as well as consumers. There is no reason not to think that it's going to gain adoption and appreciate in price in due time. |
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