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

[AndreyRocker]

Since yesterday MGO is being pumped clearly because there is no communication nor any update. This move is against the trend of markets where everything is down. Now question is where the peak is set by the market movers to be able to get maximum which reduces losses. I have eyes on this speculation session.

Why is this happening? Or is it just a manipulation so that some people can sell their coins at a high price before the project dies. Any word from the team?

[wumBowo]

Since yesterday MGO is being pumped clearly because there is no communication nor any update. This move is against the trend of markets where everything is down. Now question is where the peak is set by the market movers to be able to get maximum which reduces losses. I have eyes on this speculation session.

Why is this happening? Or is it just a manipulation so that some people can sell their coins at a high price before the project dies. Any word from the team?

looks like it would just a manipulation..
wanted to know did the MGO price ever reach or beyond the ICO price?

[abonarea]

Do your own research to understand what is going on. Usually as you all have said manipulation alike spike is in market of MobileGo. Other projects are delivering and big updates are not changing their prices. It is exit pump for many to put their burden on late comers who attempt to make some money. I will do agree with all of you that it is manipulation and artificial increase in its price. One more thing Game Credits which has all attention is not showing any change.

[JollyGood]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

[Ipwich]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

[JollyGood]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

Are you confident of returns? I mean if the project is virtually dead then how can you expect to recoup your investment with or without profit, short term or long term?

[CORNEL]

I also think this is abandoned project there is no active team who is working on this platform. It looking some people are fighting to take control on remaining money if there is some in funds and community manager said he is not getting paid from last 6 months. What is going on anybody can explain?

[JollyGood]

I also think this is abandoned project there is no active team who is working on this platform. It looking some people are fighting to take control on remaining money if there is some in funds and community manager said he is not getting paid from last 6 months. What is going on anybody can explain?

Thank you for the information. Do you have a link and name for the community manager?

We need clarity just to understand what is going on. Not getting paid for 6 months is a long time. As for remaining funds I see no reason why there would be anything left in either FIAT or crypto. Why would the "team" leave anything when the stopped working on the "project"? They have not exactly presented themselves in glory and honesty have they?

[AndreyRocker]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

Are you confident of returns? I mean if the project is virtually dead then how can you expect to recoup your investment with or without profit, short term or long term?

Option one is to sell the token while it still has a price, and invest in another more promising project. And if you wait here, you can lose everything, so I sold the MGO.

[dishku]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

Are you confident of returns? I mean if the project is virtually dead then how can you expect to recoup your investment with or without profit, short term or long term?

Option one is to sell the token while it still has a price, and invest in another more promising project. And if you wait here, you can lose everything, so I sold the MGO.

https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/

Agreed with your suggestion just sell this token I did this after reading this update. I'm still watching this and put my orders around $0.01 as high risk investment. I think this will drop to this level soon as no news are coming from dev.

[JollyGood]

https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/

Agreed with your suggestion just sell this token I did this after reading this update. I'm still watching this and put my orders around $0.01 as high risk investment. I think this will drop to this level soon as no news are coming from dev.

Great post at Reddit. It clears up the issues surrounding who the fraud or mis-management was done by and who holds any remaining funds if any exist.

MobileGo is effectively dead wood so somebody must start legal action to recover losses. They received over $100 million in the ICO wich took place in May 2017: https://icodrops.com/mobilego/

Where did the money go? Why did the whitepaper state funds would be audited but then no audits took place?

[AndreyRocker]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

Are you confident of returns? I mean if the project is virtually dead then how can you expect to recoup your investment with or without profit, short term or long term?

Option one is to sell the token while it still has a price, and invest in another more promising project. And if you wait here, you can lose everything, so I sold the MGO.

https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/

Agreed with your suggestion just sell this token I did this after reading this update. I'm still watching this and put my orders around $0.01 as high risk investment. I think this will drop to this level soon as no news are coming from dev.

I also thought to buy back if the price falls to 1 or 2 cents, but it is very risky, and here is the responsibility will be on us, because we can get into the trap of the manipulator.

[Ipwich]

Someone somewhere might be playing to manipulate the price but that does not add to or take away abything from the fact that the investors feel this ICO was a disaster for them as subsequent work has been very badly mis-managed.

With a very low volume, you can always expect a manipulation.
But I think that is good for those who want to sell and get out with less losses, anyway, I am not bothered, been holding this until now.

Are you confident of returns? I mean if the project is virtually dead then how can you expect to recoup your investment with or without profit, short term or long term?

Yeah, I am still confident because they raise a big amount of money during the ICO.
If they will not use that money to develop the project and scam us, I think they have more problem to come than what I could possibly loss here.

[JollyGood]

https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/

After this article linked above there is no doubt left in my mind this project is a scam.

Why would anybody want to hold a token that for all it is worth has nothing to offer? After all promises made to entice investors this is one of many that ended up being useless.

Can we have an audit to see where the ICO funds were spent?

[N-rG]

Some questions here really hurt my beliefe in humanity.

No, you cannot audit this.
No, you'll not get your money back.
No, they'll not rebuy it.
No, no one will hire lawyers for you.
Yes, they got Million of dollars and they spend it for travelling, cars, real estates and parties.
Yes, you can visit them in Belgrad to see how your money is spend. You'll probably not see Sergey since he has a travelling& enjoy life flatrate financed by your MGO funds.

This project is done. Look at the Sholoms facebook, twitter site. It is basically dead since they got your money. They hired from their perspective some really cheap trolls and an agency that will deal with all the bad recent publicity.
You'll all give up in 1-12 month and then they clean what is left to make them shining for the real world.
The Sholoms, the successful brothers who tried to make the world a better place. They are so kind and generous. This is was will be left apart from a bank account filled with tons of your money and some believers they'll feed with "soon" and make fun about that.

[JollyGood]

Some questions here really hurt my beliefe in humanity.

No, you cannot audit this.
No, you'll not get your money back.
No, they'll not rebuy it.
No, no one will hire lawyers for you.
Yes, they got Million of dollars and they spend it for travelling, cars, real estates and parties.
Yes, you can visit them in Belgrad to see how your money is spend. You'll probably not see Sergey since he has a travelling& enjoy life flatrate financed by your MGO funds.

This project is done. Look at the Sholoms facebook, twitter site. It is basically dead since they got your money. They hired from their perspective some really cheap trolls and an agency that will deal with all the bad recent publicity.
You'll all give up in 1-12 month and then they clean what is left to make them shining for the real world.
The Sholoms, the successful brothers who tried to make the world a better place. They are so kind and generous. This is was will be left apart from a bank account filled with tons of your money and some believers they'll feed with "soon" and make fun about that.

Sorry you feel so down.

I think you wrote an excellent post. What you say about the audit is clear and true. If all ICO mangers and project mangers and project CEOs were bound by terms of agreement to release a balance sheet every month after the ICO until the project goes live along with having multi-signature wallet with ICO funders appointed representative to retrieve funds from the ICO pool, then a lot of this scamming would stop.

How is it possible that on so many occasions the people behind successful ICOs are the very same people that are behind the failed projects?

How is that when the projects fail there is no audit to determine if a scam took place all the while scammers are travelling all over the world enjoying themselves from funds that are dubious. Many of the same people return again and again to launch more and more ICOs as they make free money.

So sad.

[Zontop]

They are playing psychology game with people and majority of early adopters have impression if they will sell their tokens after this long this will be pumped hard. This fear isn't letting people become free after getting rid of this token. It is quite possible they may arrange a pump using some small amount of money in future sometimes. It is painful to keep walking like this being helpless and without getting answers.

[JollyGood]

They are playing psychology game with people and majority of early adopters have impression if they will sell their tokens after this long this will be pumped hard. This fear isn't letting people become free after getting rid of this token. It is quite possible they may arrange a pump using some small amount of money in future sometimes. It is painful to keep walking like this being helpless and without getting answers.

Investors have to think about collective lawsuit.

[BtcMan2009]

Too many negative reviews have become in this topic, all this seems to push new users away from the project. But there is nothing better than honest, open and fair criticism. And then everyone makes his / her conclusions. )

[JollyGood]

Too many negative reviews have become in this topic, all this seems to push new users away from the project. But there is nothing better than honest, open and fair criticism. And then everyone makes his / her conclusions. )

Sadly that is true but if the MGO team had done thier job they would be getting positive reviews. This project has been abandoned and the investors have been betrayed.

https://www.reddit.com/r/GameCredits/comments/92warz/jack_kuveke_july_30th_transparency_ama/