[ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions

[Jack Kuveke]

What you don't understand is that a LOT of people were waiting for Bittrex to open the MGO/BTC  market place.

Stop trying to convince yourself, the price is already dropping (-11% today) and will continue in the next days when all people who were holding MGO will dump it when they will understand that (for the moment) Bittrex and other big exchange will not introduce MGO.

So maybe the MGO price will be highter in the next months BUT in shortime the price is falling day afters days and will continue. Normal people will dump their MGO now and will re-bought it when the price will stabilize.

I have nothing to convince myself of, that comment makes 0 sense. What I have to do is call out B.S. when people say things like "ICO is catastrophic". An ICO is catastrophic if it is hacked, has a fake team with no developments, or is a scam. Not listing on an exchange after a month is not what any rational human being would call catastrophic, And you have no idea what exchanges will introduce mobilego. This is speculation. Take your FUD somewhere else. And if you want to sell your coins that is your choice, leave other people out of it. The price was caused by a non-announcement, meaning people pulled negative information out of thin air, which cryptocurrency investors have a knack for doing.

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[nelson4lov]

Bittrex has delisted MGO from their website !!!!!!!!!!!!!

https://bittrex.com/Market/Index?MarketName=BTC-MGO

This ICO is CATASTROPHIC, the prices will undoubtedly collapse even lower than the initial ico price....

OK I need this kind nativity and stupidity to stay away from this thread.

You weren't able to trade MGO for two weeks when it was "listed". In fact bittrex probably could have delisted it right after the wallet wouldn't work and only put it up after it was successfully able to trade. This means NOTHING. It is something that should have probably happened a lot sooner to cut down on the confusion and repetitive questions.

Now we will be announcing several exchanges in the near future. If you seriously have no faith in the project because it didn't list on exchange, go ahead and sell. But that's what 90% of all IOTA investors did after the ICO raised less than a million dollars and didn't hit an exchange for over a year. The guys who believed in the project kept their coins and saw profits most of you will never see. This was all due to patience and investing in a coin because of the development and project. LISTING ON AN EXCHANGE QUICKLY DOES NOT DEFINE THE WORTH OF A COIN AND PROFIT POTENTIAL.

Now of course it is great to have mobilego traded on more exchanges from the start, but it doesn't mean anything mid-long term.

What you don't understand is that a LOT of people were waiting for Bittrex to open the MGO/BTC  market place.

Stop trying to convince yourself, the price is already dropping (-11% today) and will continue in the next days when all people who were holding MGO will dump it when they will understand that (for the moment) Bittrex and other big exchange will not introduce MGO.

So maybe the MGO price will be highter in the next months BUT in shortime the price is falling day afters days and will continue. Normal people will dump their MGO now and will re-bought it when the price will stabilize.

I don't consider Anyone who dumps their Mobilego tokens now and then repurchases when the price has stabilized  as "Normal".  No one with something upstairs would even think of selling their tokens cheaply. I know that the majority of people selling now are those who want to flip other ICOs just to get quick profits.

[Jonesd]

I think it is good actually that initial listings are not working for our coin that well yet. This way people don't quickly sell all and the value can stabilize a bit. I know it is nice to cash and double your money again on the next Ico. You do run the risk of once hitting on an ICO that quickly becomes worthless.

That investment strategy is like putting all your money repeatedly on red.

A bit of long-term investing on projects that can go x20 is very rewarding and much safer. Been in the game for four years now and one of the projects that allowed me to go big on this one was GAME that I happened to invest in a bit on day one.

[The Yorkshire Pudd]

Crazy how people take any news that isn't good news as bad news.
It's just news that has zero effect on the project...

Don't forget game and MGO are being set up to be bought via their own shop for actuall game purchases, in game items, esports wagering and more.
People can buy on their phones, tablets etc. through the teams own software. These are real product uses unlike 75-90% of other cryptos.
They will have a much larger number of clients than people who just use exchanges..yet people cry and panic sell because it's not listed on bittrex within a month of launch 😂 
If anything I took the complication with Bittrex as good news. As I understand, this token is so innovative bittrex infrastrucutre couldn't handle it and they need to make changes to accomodate it.

[3months18w]

Bittrex has delisted MGO from their website !!!!!!!!!!!!!

https://bittrex.com/Market/Index?MarketName=BTC-MGO

This ICO is CATASTROPHIC, the prices will undoubtedly collapse even lower than the initial ico price....

OK I need this kind nativity and stupidity to stay away from this thread.

You weren't able to trade MGO for two weeks when it was "listed". In fact bittrex probably could have delisted it right after the wallet wouldn't work and only put it up after it was successfully able to trade. This means NOTHING. It is something that should have probably happened a lot sooner to cut down on the confusion and repetitive questions.

Now we will be announcing several exchanges in the near future. If you seriously have no faith in the project because it didn't list on exchange, go ahead and sell. But that's what 90% of all IOTA investors did after the ICO raised less than a million dollars and didn't hit an exchange for over a year. The guys who believed in the project kept their coins and saw profits most of you will never see. This was all due to patience and investing in a coin because of the development and project. LISTING ON AN EXCHANGE QUICKLY DOES NOT DEFINE THE WORTH OF A COIN AND PROFIT POTENTIAL.

Now of course it is great to have mobilego traded on more exchanges from the start, but it doesn't mean anything mid-long term.

I do have faith in Mobilego , but a mainstream exchange will be better, forget bittrex.there are exchanges better than bittrex man .
Listing  is not the most important thing, but it is still an important thing.

[davide72]

Bittrex has delisted MGO from their website !!!!!!!!!!!!!

https://bittrex.com/Market/Index?MarketName=BTC-MGO

This ICO is CATASTROPHIC, the prices will undoubtedly collapse even lower than the initial ico price....

old trick to buy cheap coin , at least use your real account and not newby one!

[Kencha77]

Bittrex has delisted MGO from their website !!!!!!!!!!!!!

https://bittrex.com/Market/Index?MarketName=BTC-MGO

This ICO is CATASTROPHIC, the prices will undoubtedly collapse even lower than the initial ico price....

OK I need this kind nativity and stupidity to stay away from this thread.

You weren't able to trade MGO for two weeks when it was "listed". In fact bittrex probably could have delisted it right after the wallet wouldn't work and only put it up after it was successfully able to trade. This means NOTHING. It is something that should have probably happened a lot sooner to cut down on the confusion and repetitive questions.

Now we will be announcing several exchanges in the near future. If you seriously have no faith in the project because it didn't list on exchange, go ahead and sell. But that's what 90% of all IOTA investors did after the ICO raised less than a million dollars and didn't hit an exchange for over a year. The guys who believed in the project kept their coins and saw profits most of you will never see. This was all due to patience and investing in a coin because of the development and project. LISTING ON AN EXCHANGE QUICKLY DOES NOT DEFINE THE WORTH OF A COIN AND PROFIT POTENTIAL.

Now of course it is great to have mobilego traded on more exchanges from the start, but it doesn't mean anything mid-long term.

What you don't understand is that a LOT of people were waiting for Bittrex to open the MGO/BTC  market place.

Stop trying to convince yourself, the price is already dropping (-11% today) and will continue in the next days when all people who were holding MGO will dump it when they will understand that (for the moment) Bittrex and other big exchange will not introduce MGO.

So maybe the MGO price will be highter in the next months BUT in shortime the price is falling day afters days and will continue. Normal people will dump their MGO now and will re-bought it when the price will stabilize.

    Hold it right there. People complaining when the prizes of their coins drops and they think that the lack of exchanges is the reason for this? This is the kind of mentality which gives cancer to the cryptocurrency universe.
You people should think about the actual usage of the coin and not for trading purposes. Those who have invested in a coin should wait till the coin will be in used where it is supposed to to expect a profit. That is why it's called "investing". Invest to a product(coin) that has a potential to grow. When the coin grows, that's the time you can have a ROI (Return of Investment). WHY DID YOU INVEST INTO SOMETHING THAT YOU DON'T BELIEVE TO IN THE FIRST PLACE? IF YOU SAY YOU'VE INVESTED TO EARN PROFIT IN A MONTH/DAY (even knowing that the coin will not have an actual use in those time), THEN THAT MEANS YOU DON'T KNOW HOW/WHEN TO INVEST.

[malekbaba]

No one knows what will come next. But I have faith on MGO. It is still in good shape and price. But true to say, even with bittrex, we should not expect x5 or x10. MGO will go long way, obviously. but it will take time. And only Bittrex will not secure the future of MGO. There are many other exchanges and obviously far better than Bittrex. May be MGO will be listed in better exchanges. I will hold the coin and now I want to forget about this coin for at least few months.

[adamvp]

What is wrong with mobile go?
I saw at one trollbox that it will be delisted because devs should rewrite the code?
Is it true? Can anyone give us link to official statement or so?
I would like to know what happened..

[Jack Kuveke]

What is wrong with mobile go?
I saw at one trollbox that it will be delisted because devs should rewrite the code?
Is it true? Can anyone give us link to official statement or so?
I would like to know what happened..

NO THAT IS WRONG. The only thing we would re-write is the token fallback section of our contract which is becoming the STANDARD for all future eth tokens. It is an enhanced security feature that exchanges like bittrex will eventually allow when they update their smart contracts. But we will NOT RE-WRITE ANY CONTRACT. Making changes to our contract would mean redistributing tokens to all investors. If this sounds like a hassle and a challenge, it's because it is. It's incredibly unreasonable. It makes way more sense to simply wait a little bit longer for exchanges that happen to use the same type of system as bittrex to update which they will since more and more tokens will be choosing to be ERC223 like MGO.

Your problem is your getting information from a trollbox which is literally called a TROLLbox. It's the most unreliable source of information in the cryptocurrency world. Had you chosen to instead read back a couple pages you could have found an answer to this question.

[cygan]

it is possible to send the MGO tokens to the wave wallet (waves-lite-client-mainnet-v0.4.27) or which wallet is the best for mobilego?

[Scott J]

If you seriously have no faith in the project because it didn't list on exchange, go ahead and sell. But that's what 90% of all IOTA investors did after the ICO raised less than a million dollars and didn't hit an exchange for over a year. The guys who believed in the project kept their coins and saw profits most of you will never see. This was all due to patience and investing in a coin because of the development and project. LISTING ON AN EXCHANGE QUICKLY DOES NOT DEFINE THE WORTH OF A COIN AND PROFIT POTENTIAL.

Now of course it is great to have mobilego traded on more exchanges from the start, but it doesn't mean anything mid-long term.

Jack is speaking the truth here.

Complaining about the price immediately after an ICO indicates that you took a risk you didn't understand...

[the-bitcoiner]

A few months ago, I bought XXXX ETH @ $21 per coin. I needed only 2 minutes of reading about Ethereum and Vitalik Buterin to understand it was BREAKTHROUGH.
In a couple of days ETH rapidly went to $56, WOW, and in couple of days suddenly dropped.

Everybody screamed "ETH is shit" and bla bla bla.

The carousel repeated again and again. ETH was long time trading @ $30-$40 per coin, and nobody EVEN PAID ATTENTION TO IT.

Everybody could grab ultimately cheap ETH, but few people (me among them) really believed in that project!

Everyone could have a chance, but no one used it.

Lots of people panicked, I saw a guy selling 25000 ETH @ $40. Yes, then it was 1M, but now it could be almost 10.

Moral:
Real investing is not about fast buying and fast selling. It's about believing and patience.

I sold my ETH @ $275 to invest all the money into MGO.
I believe in MGO and still believe in ETH.

All the rest doesn't matter.

Those who've screamed will keep screaming. Those who've made money will go on making money.

Good luck to you!
-Serge

[henkcryptotank]

A few months ago, I bought XXXX ETH @ $21 per coin. I needed only 2 minutes of reading about Ethereum and Vitalik Buterin to understand it was BREAKTHROUGH.
In a couple of days ETH rapidly went to $56, WOW, and in couple of days suddenly dropped.

Everybody screamed "ETH is shit" and bla bla bla.

The carousel repeated again and again. ETH was long time trading @ $30-$40 per coin, and nobody EVEN PAID ATTENTION TO IT.

Everybody could grab ultimately cheap ETH, but few people (me among them) really believed in that project!

Everyone could have a chance, but no one used it.

Lots of people panicked, I saw a guy selling 25000 ETH @ $40. Yes, then it was 1M, but now it could be almost 10.

Moral:
Real investing is not about fast buying and fast selling. It's about believing and patience.

I sold my ETH @ $275 to invest all the money into MGO.
I believe in MGO and still believe in ETH.

All the rest doesn't matter.

Those who've screamed will keep screaming. Those who've made money will go on making money.

Good luck to you!
-Serge

Epic post, thanks!!!

Greets Hank

[OnTheMoon]

A few months ago, I bought XXXX ETH @ $21 per coin. I needed only 2 minutes of reading about Ethereum and Vitalik Buterin to understand it was BREAKTHROUGH.
In a couple of days ETH rapidly went to $56, WOW, and in couple of days suddenly dropped.

Everybody screamed "ETH is shit" and bla bla bla.

The carousel repeated again and again. ETH was long time trading @ $30-$40 per coin, and nobody EVEN PAID ATTENTION TO IT.

Everybody could grab ultimately cheap ETH, but few people (me among them) really believed in that project!

Everyone could have a chance, but no one used it.

Lots of people panicked, I saw a guy selling 25000 ETH @ $40. Yes, then it was 1M, but now it could be almost 10.

Moral:
Real investing is not about fast buying and fast selling. It's about believing and patience.

I sold my ETH @ $275 to invest all the money into MGO.
I believe in MGO and still believe in ETH.

All the rest doesn't matter.

Those who've screamed will keep screaming. Those who've made money will go on making money.

Good luck to you!
-Serge

Good point. Now many people around want to have easy money in crypto for a week or two. Sometimes they can do it, but really big money got a long time invrstors. MobileGo is long time project, and patient investors will be rewarded.

[poker60950]

A few months ago, I bought XXXX ETH @ $21 per coin. I needed only 2 minutes of reading about Ethereum and Vitalik Buterin to understand it was BREAKTHROUGH.
In a couple of days ETH rapidly went to $56, WOW, and in couple of days suddenly dropped.

Everybody screamed "ETH is shit" and bla bla bla.

The carousel repeated again and again. ETH was long time trading @ $30-$40 per coin, and nobody EVEN PAID ATTENTION TO IT.

Everybody could grab ultimately cheap ETH, but few people (me among them) really believed in that project!

Everyone could have a chance, but no one used it.

Lots of people panicked, I saw a guy selling 25000 ETH @ $40. Yes, then it was 1M, but now it could be almost 10.

Moral:
Real investing is not about fast buying and fast selling. It's about believing and patience.

I sold my ETH @ $275 to invest all the money into MGO.
I believe in MGO and still believe in ETH.

All the rest doesn't matter.

Those who've screamed will keep screaming. Those who've made money will go on making money.

Good luck to you!
-Serge

Good point. Now many people around want to have easy money in crypto for a week or two. Sometimes they can do it, but really big money got a long time invrstors. MobileGo is long time project, and patient investors will be rewarded.

Is it though, longterm I mean? I thought it was essentially a temporary crowdfunding coin to acquire funds to boost GAME token use/acquire users, and in the end they will buy back and burn all of the MGO tokens, hopefully with GAME tokens being worth much, much more, as well as the final MGO price at burning time. I'm a total noob, over my head and admit it so I can easily be completely incorrect.

[Islapdonkey]

A few months ago, I bought XXXX ETH @ $21 per coin. I needed only 2 minutes of reading about Ethereum and Vitalik Buterin to understand it was BREAKTHROUGH.
In a couple of days ETH rapidly went to $56, WOW, and in couple of days suddenly dropped.

Everybody screamed "ETH is shit" and bla bla bla.

The carousel repeated again and again. ETH was long time trading @ $30-$40 per coin, and nobody EVEN PAID ATTENTION TO IT.

Everybody could grab ultimately cheap ETH, but few people (me among them) really believed in that project!

Everyone could have a chance, but no one used it.

Lots of people panicked, I saw a guy selling 25000 ETH @ $40. Yes, then it was 1M, but now it could be almost 10.

Moral:
Real investing is not about fast buying and fast selling. It's about believing and patience.

I sold my ETH @ $275 to invest all the money into MGO.
I believe in MGO and still believe in ETH.

All the rest doesn't matter.

Those who've screamed will keep screaming. Those who've made money will go on making money.

Good luck to you!
-Serge

Good point. Now many people around want to have easy money in crypto for a week or two. Sometimes they can do it, but really big money got a long time invrstors. MobileGo is long time project, and patient investors will be rewarded.

Is it though, longterm I mean? I thought it was essentially a temporary crowdfunding coin to acquire funds to boost GAME token use/acquire users, and in the end they will buy back and burn all of the MGO tokens, hopefully with GAME tokens being worth much, much more, as well as the final MGO price at burning time. I'm a total noob, over my head and admit it so I can easily be completely incorrect.

You partially right. Game will be utilized to buy and burn MGO tokens  but its not a temp coin. Rather its amount will decrease over time, thus driving up its value. MGO is to Game, what Petrol is to Firewood. One is the catalyst, but used cohesively, the reaction is sped up. Just hold on to your token for a yr, if its financially feasible and you will rewarded for it. Like you said, Game's value has increased, so you would expect MGO to follow suite, and the value will reflect the reduction in number over time.

[victory1]

Jack, the brutal truth is that MGO's current price is reflecting the team's poor efficiently on listing on a larger exchange.

You guys can do better than this.

[Jack Kuveke]

You partially right. Game will be utilized to buy and burn MGO tokens  but its not a temp coin. Rather its amount will decrease over time, thus driving up its value. MGO is to Game, what Petrol is to Firewood. One is the catalyst, but used cohesively, the reaction is sped up. Just hold on to your token for a yr, if its financially feasible and you will rewarded for it. Like you said, Game's value has increased, so you would expect MGO to follow suite, and the value will reflect the reduction in number over time.

Well, no, not exactly. We've created an esports platform allowing any single user with a mobile phone to play in tournaments or agaisnt individual friends wagering money on the outcome of these matches. This is the first application ever to allow any single regular person to participate in the esports environment. Before only pro gamers could be up to win money. Our application allows anyone to participate and the coin used for these matches: MobileGo. So, it has an incredible long term use case and in addition there is a buyback routine.

[Jack Kuveke]

Jack, the brutal truth is that MGO's current price is reflecting the team's poor efficiently on listing on a larger exchange.

You guys can do better than this.

You know, getting on exchanges is not an easy process. We've talked to most of the top exchanges and we're still working on a number of negotiations. We were able to secure bittrex, however they didn't realize we were ERC223. This falls on both ends, however this information was clearly visible in our contract which we sent a month before the initial listing date. So we did do what we could when it came to listing, we planned ahead of time. What we didn't plan for was the inability to list on bittrex when we previously anticipated. So there were limited outcomes. Could we push them to list us? Not really, they had a problem that can only be surpassed by their teams development and we can't possibly pressure them into working on a solution. Could we quickly list on another exchange? No, not really. Exchange deals take time. They are not a 2 week process. They typically take months to iron out. I've seen the process first hand multiple times, a process 99% of cryptocurrency investors haven't seen and don't understand. It's not a breeze. Regardless we are close to listing on a number of other exchanges. It's going to happen. More importantly we have incredible developments right around the corner. Everything is still going according to what we have said despite the hiccup in a single exchange not listing us when we anticipated.

And please understand that this is cryptocurrency. People take ahold of information and blow it out of proportions. Part of this dip was likely caused by bittrex taking down the MGO-BTC page they should have taken down right away. Them taking it down means nothing and yet it caused rumors fueled by investors who lack the ability to think rationally. In the end people can sell their coins if they would like. We continue to work tirelessly to deliver what we've shown you, and from what I've seen, things are exceeding even my expectations.