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Chiraag001
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October 30, 2017, 02:33:30 AM |
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Actually, when you look at this from a neutral point of view, $0,37 isn't bad for a token that's still under development and only 6 months after the ICO.
What happened is: the ICO was a big success and surpassed the expectations of the fund it raised.
For short term, this is bad... if you invested in the ICO, you lost (not to mention BTC went up 5x)...
But in the long term, the team has over 100$ million Dollar to spend on development and promotion.
Many teams in the crypto scene can only dream of such an amount of funds.
So for me, it's a no-brainer: I kept my ICO MGO's and bought many more at these low prices and sitting on a ton of them.
I know this won't happen and am technically reaching for hopium that's way out of reach, but if i made $100 million from an ICO, i won't hesitate to reinvest 5 -10 million to help keep my project buoyant. Without the ICO investors, there won't be MGO. I personally don't mind waiting but i can understand how someone could be pissed off by the situation. The MGO team is already well compensated. They don't wake up with anxiety wondering if the price has finally crashed to nil. So to tell an investor to chuck it and deal is understandable but as someone viewing it from all angles, i can also understand the qualms been presented. Agreed - if you look at all the comments I have made in this thread I asked why they could not do a few buybacks. I like how the guy says we sold Eth at the top and still have their waves  . Just wait next year when waves gets its pump. They sitting on hundreds of millions. 10 mill funds now could buy back 25m+ tokens lol |
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Finestream
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October 30, 2017, 03:52:24 AM |
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Actually, when you look at this from a neutral point of view, $0,37 isn't bad for a token that's still under development and only 6 months after the ICO.
What happened is: the ICO was a big success and surpassed the expectations of the fund it raised.
For short term, this is bad... if you invested in the ICO, you lost (not to mention BTC went up 5x)...
But in the long term, the team has over 100$ million Dollar to spend on development and promotion.
Many teams in the crypto scene can only dream of such an amount of funds.
So for me, it's a no-brainer: I kept my ICO MGO's and bought many more at these low prices and sitting on a ton of them.
You really explain it well, I am convince that it's good to buy now because your analysis is right, they have enough funds to promote the project while the value of MGO now is still below the ICO price. This is a great opportunity for us, actually I do hold it as I have some in the past but reading your comment makes me want to buy more. |
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xiaohang07
Sr. Member
 Offline
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
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October 30, 2017, 07:04:53 AM |
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If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
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Maslate
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October 30, 2017, 07:44:21 AM |
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If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss. |
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Kencha77
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October 30, 2017, 09:32:21 AM |
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If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss. Almost all coins from ICOs when starts to be traded gives immediate profit to the investors if they sell their coins. |
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The Goat Master
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October 30, 2017, 10:44:21 AM |
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If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss. Yeah if knew it we would've acted differently. But I still beleive in MGO and holding most of my tokens from the ICO. |
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penoze
Legendary
Offline
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
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October 30, 2017, 11:25:46 AM |
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If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss. Yeah if knew it we would've acted differently. But I still beleive in MGO and holding most of my tokens from the ICO. Just watched my crystal glasses, he was telling me that mgo will be traded for $4 in the second quarter of 2018  |
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Ben271286
Full Member
Offline
Activity: 434
Merit: 100
I love this Game!
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October 30, 2017, 11:31:00 AM |
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hi. Are there any upcoming news or events for mgo? sth you could tell me in 3 words...i havent the time to read it all...packed some bags arround 0,35ct euro..
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RAGEmond
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October 30, 2017, 01:31:44 PM |
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hi. Are there any upcoming news or events for mgo? sth you could tell me in 3 words...i havent the time to read it all...packed some bags arround 0,35ct euro..
only 3 words I've go for you before investing: do your ownresearch |
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daniweb
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October 30, 2017, 01:33:31 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
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Kencha77
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October 30, 2017, 01:56:14 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
MobileGo is actually behind to their target basing on their roadmap, so i guess before 2nd half of next year. Also, there might be changes in the roadmap |
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Ben271286
Full Member
Offline
Activity: 434
Merit: 100
I love this Game!
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October 30, 2017, 01:57:20 PM |
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hi. Are there any upcoming news or events for mgo? sth you could tell me in 3 words...i havent the time to read it all...packed some bags arround 0,35ct euro..
only 3 words I've go for you before investing: do your ownresearch oh thanks for that! |
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penoze
Legendary
Offline
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
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October 30, 2017, 03:20:56 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
The application is currently under audit, from what I heard is the audit almost finished and then the app will be released. |
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wgd
Legendary
Offline
Activity: 1815
Merit: 1005
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October 30, 2017, 05:43:51 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
The application is currently under audit, from what I heard is the audit almost finished and then the app will be released. Has anyone ever seen any proof of the existence of an application? It took a lot of time from ico, not much of what I see was done. Well, I got rid of it some time ago ... |
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jeffthebaker
Legendary
Offline
Activity: 1526
Merit: 1034
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October 30, 2017, 06:03:40 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
The application is currently under audit, from what I heard is the audit almost finished and then the app will be released. Has anyone ever seen any proof of the existence of an application? It took a lot of time from ico, not much of what I see was done. Well, I got rid of it some time ago ... Applications are already released? G Store has been running for quite some time and Pixel Wars has been up for just as long. I think the issue is they are in final stages of polishing before they advertise this project to the larger gaming audience. |
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Xandan
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October 30, 2017, 06:07:40 PM |
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This is the reason I just sat back with decision of keep holding continuously my tokens. This development will still take some time and till then this forks issue which has suppressed the whole crypto market badly will be over. My position didn't shake because they are active so nothing to worry for me.
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addicto
Legendary
Offline
Activity: 1526
Merit: 1012
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October 30, 2017, 06:49:41 PM |
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It seems there won't be a pump on MGO until some apps using it is released. Do we have an idea of when this can happen?
The application is currently under audit, from what I heard is the audit almost finished and then the app will be released. Has anyone ever seen any proof of the existence of an application? It took a lot of time from ico, not much of what I see was done. Well, I got rid of it some time ago ... Applications are already released? G Store has been running for quite some time and Pixel Wars has been up for just as long. I think the issue is they are in final stages of polishing before they advertise this project to the larger gaming audience. I made this much easy to get access to that store maybe that guy is confusing to understand the relation of G Store and MGO that is why he is not aware of ongoing development and what is going to happen very soon. I'm totally agreed with you this silence is a sign of big storm. |
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oaks05
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October 30, 2017, 08:44:58 PM |
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http://www.thegnation.com/ecosystem/ anyone looking for updates, they will be added to this page when they become available, like that esports is at the top of this page lol
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KryptoKai
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October 30, 2017, 08:48:34 PM |
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Forget bittrex, it's not going to happen. Can MGO get to Binance? It is a good exchange and the trade volume is continuously growing
You're straight from the language took off the question))) Why all rested in Bitrex. That there are no other stock exchanges with normal volumes ?? Everyday someone is asking about trex. It is not the only good exchange, better to focus on another one than just rely on waves dex and liqui. Binance is good and growing, why not try to add MGO there? There are enough exchanges, but don't know if they are all erc23 compatible. Here in this link you can see a nice overview of exchanges with the last 24 hours trading volume: https://coinmarketcap.com/exchanges/volume/24-hour/all/Bitfinex has twice the volume of bittrex, so how about that exchange instead? If one says no, try another one. |
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Diamond_Darrell
Full Member
Offline
Activity: 1106
Merit: 103
♦♣♥♠
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October 30, 2017, 09:38:28 PM |
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Yes. The problem is in this ICO bubble start ups were given a lot of money with essentially no product - development time is needed. To further compound this problem is both Bitcoin and Ethereum have had a major boom. So the opportunity cost of holding tokens such as Mobilego, Bancor, Stox, Monetha, Sonm has been large. Its caused people to sell off tokens at a loss to try and recoup money back.
With the market being very bearish right now I can quite easily still see more downside for mobilego - but it is probably not worth selling now.
Straight to the point, brother. I subscribe to every word. This is a long-term coin. And I'm sure that will give "X" to its owners. |
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