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[Ally@monaco]

Call me stupid but I just purchased 5BTC of MCO at 0.0011.
That's a total of 11BTC of MCOs in my hand nw .

All the best 

[1714303844]

1714303844

[1714303844]

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[1714303844]

1714303844

[naura168]

Well, I am one who has been monitoring monaco, and saw the potential in it as well as real world usage.
I was wary so I was waiting for the visa approval to be announced and then buy some because I was sure that it would increase in value.

By the time I got around to checking the price of MCO, I saw it had already gone to 10 dollars.
I checked this thread, saw that the visa announcement had been made, and rushed to buy some MCO.

...and now it's down in the dumps.
Another lesson learned that seems so obvious, I should have taken the time to thoroughly read the details of the changes and realize their impact.

Listen, it's crypto markets are not some mystical magical thing where, "OH wow! It's falling for now reason! It will surely go to the moon later!" (for no reason...)

It is simple, many people holding MCO are displeased with Monaco not delivering one of the best aspects of their coin and also even more upset with
the flippant and patronizing way it was handled.

so they dump it all.

I totally agree with you, the problem is that this is a business and before you throw everything away, you should review the pros and cons, this project has a lot of potential now with a visa and it will bring many changes in the future, apart from that, the ico as such is going to rise a lot in the future because of being pioneers with a visa, as an investor I am somewhat disgusted by the changes I have seen, but this is not the first time that it has happened in projects in which I have invested and at the end the reward arises, you just have to monitor and understand the magnitude of the project and have patience, regards

will Monaco keep up the price? it seems to be coming soon. now the volume in Bittrex is getting bigger. I myself am also convinced that this project has become a pilot for other projects that are now running. concept with debit card, this will continue to rise in price. though slowly.

[dagoofman]

can i mine

[arjuna BTC]

can i mine

you can not mine this, because this is a token that used ethereum platform to create it
as i know an ethereum platform can't be mined
just like the others ethereum token

[fajarkus12]

Hello, it's funny how they handle people here, getting scared to sell their MCO, just look at bittrex as there are many people buying thousands of MCO at a low price, in a few days when this happens, they will realize that these who speak MCO bad, they will have many in their wallets bought very low, hahaha. Thank you for making them sell and buy enough MCO at a good price, now to wait for a while to go back up 

I think it will hard if this coin price back up because market condition also bad, it will need long time. So we just can waiting or buy again for averaging down when mco price continue to down deep

[rajravind]

https://twitter.com/monaco_card/status/925924182117855233

VISA released and you all dump the coins
Typical dump on the news style .
Perhaps u whales can move to another coin d
TransferCoin perhaps ?
Well, it is matter of time before the spike happen again although might nt be as much as last time.

[xyburcoin]

Visa Approves Monaco Cryptocurrency Card for Singapore Residents

https://www.bloomberg.com/news/articles/2017-11-01/visa-approves-monaco-cryptocurrency-card-for-singapore-residents

[Ally@monaco]

So just to understand, what did they changed?

The reward system?

The idea was that MCO holder get rewards from the card transactions like TenX, right?

So if I undertand correctly, it has been removed from the table?

Monaco released a number of important updates this week. You can find them following these links:
- https://medium.com/@monaco_card/project-update-monaco-mco-token-functionalities-to-be-maintained-no-upgrade-to-support-an-asset-fd558638238f
- https://youtu.be/VjOL8rOC0o0

[fracas]

If after VISA updates and Kris Q&A you are still selling MCO you are really crazy.

[bragee]

I've bought these tokens at ICO price (more or less 1€ each MCO), later on I've split in half my position buying BTCs around €4K.
My MCO relevant profit is currently very good but never thought to buy some more in the path, this is a roller coaster token boys.. Too many FUDs, too many hypes.
I wont sell my remaining asset anyway, not yet.

[mrRen_]

lol, soon you will be able to buy 1000 MCO with 0.01 BTC. Good luck holders

[fracas]

lol, soon you will be able to buy 1000 MCO with 0.01 BTC. Good luck holders

You don't have any, right? So what are you doing in this thread?

[mrRen_]

lol, soon you will be able to buy 1000 MCO with 0.01 BTC. Good luck holders

You don't have any, right? So what are you doing in this thread?

I had them, and it was 26 dollar onse, now its going to zero, cause of false promises from team.

[fracas]

lol, soon you will be able to buy 1000 MCO with 0.01 BTC. Good luck holders

You don't have any, right? So what are you doing in this thread?

I had them, and it was 26 dollar onse, now its going to zero, cause of false promises from team.

Sure, you sold at max, you really Warren Buffet. Now go back to your billions dollars.

[mrRen_]

lol, soon you will be able to buy 1000 MCO with 0.01 BTC. Good luck holders

You don't have any, right? So what are you doing in this thread?

I had them, and it was 26 dollar onse, now its going to zero, cause of false promises from team.

Sure, you sold at max, you really Warren Buffet. Now go back to your billions dollars.

Actually I lost money with this, but you are loosing more, good luck

[bragee]

typical example of useless posts...
arguing in internet is useless.

[Ally@monaco]

Please dump more! I see that people do not have brain to do basic calculations about that asset contract shit. I thought that it's worthless before they said to remove it. But my motivation was exactly that people will freeze their mcos. So I see only positive thing here!!!

Here is some math guys!

Total: 31,587,682 tokens

For example, in 1 year time they will reach 500,000 customers. Every customer on average spends like 20'000 usd per year or less. Merchants pay 3% for all parties involved in transaction. So it's $600 usd paid by merchants from $20k spent by 1 customer.

Monaco gets 1.5% from these $600 = $9 !!!

So in BEST case scenario, they will have $4,500,000 in fees in 1 year. Asset contract promised 1% from this sum to be held.

In result we have only $45,000, fucking $45k per 1 year split by 31,587,682 tokens. How this fucking can drive price of mco up??  You are dumb people or what, or just want manipulate market and use this as excuse!!!!?

Total price of mco by earnings per year held in asset contract: 0.00142460596 USD

How the fuck this can drive price? Monaco team knows what they are doing. HOLD! For those who do not get what I wrote, then leave, this is not for you kids.

P.S. I didn't counted consumers who stop using services. This would bring asset contract 1% even lower.

Hey Trumpc2016, thanks for the insight. Having doubts on the significance of the asset contract conferring real value to the project is absolutely legitimate. I myself was sometimes quite skeptical about the asset contract and its serious mechanism, so I have never conferred a lot of importance to it. However, math may sometimes not be that easy to grasp because it may have a subjective character, even though at first sight math is always taken to be something indisputable. It is not indisputable. It may well be subject to personal evaluations.
Please try just not to be too arrogant. You should only improve the grammar so that your message is more understandable.

PLEASE EVERYBODY HOLD MCO, OR I WILL BUY THEM!

no need to beg to anyone for buying mco token, MONACO team knows what is they doing this is just the beginning of Monaco project journey.
for those who is not buying now might have to buy 3x todays price ($7). I believe in Monaco team they are simply professional

Thank you for your post and believing in us. We will keep delivering our value to the users.

[rajravind]

I sold all and out of this.
Sorry.
The FUDs frm whales plus the increasing price of BTC r just too much to handle.
N will take noted of all the FUDsters and will warn abt them in every topics they are in .
They caused too much damages

[Ally@monaco]

Please dump more! I see that people do not have brain to do basic calculations about that asset contract shit. I thought that it's worthless before they said to remove it. But my motivation was exactly that people will freeze their mcos. So I see only positive thing here!!!

Here is some math guys!

Total: 31,587,682 tokens

For example, in 1 year time they will reach 500,000 customers. Every customer on average spends like 20'000 usd per year or less. Merchants pay 3% for all parties involved in transaction. So it's $600 usd paid by merchants from $20k spent by 1 customer.

Monaco gets 1.5% from these $600 = $9 !!!

So in BEST case scenario, they will have $4,500,000 in fees in 1 year. Asset contract promised 1% from this sum to be held.

In result we have only $45,000, fucking $45k per 1 year split by 31,587,682 tokens. How this fucking can drive price of mco up??  You are dumb people or what, or just want manipulate market and use this as excuse!!!!?

Total price of mco by earnings per year held in asset contract: 0.00142460596 USD

How the fuck this can drive price? Monaco team knows what they are doing. HOLD! For those who do not get what I wrote, then leave, this is not for you kids.

P.S. I didn't counted consumers who stop using services. This would bring asset contract 1% even lower.

Thanks for believing in our team. We are working our best to deliver the best value to our users.

[mrRen_]

I sold all and out of this.
Sorry.
The FUDs frm whales plus the increasing price of BTC r just too much to handle.
N will take noted of all the FUDsters and will warn abt them in every topics they are in .
They caused too much damages

Maybe you should talk to founders of monaco.