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overoneone
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August 22, 2017, 05:48:43 PM
 #2061

That's because you are an idiot and you cannot see the value in things. You completely missed the math. This is the difference between smart person and dumb person. You are a perfect example for this thread.

I tried to have a conversation... you are really helpless dude. Really... you hurt the coin with your posts.
Good luck, stay ignorant and live in your dreams, believing that calling people idiots will make you a smart person.

Look at the answers below now...

Quote
If you want another forecast, please keep in mind a BTC at possibly $10,000 in mid 2018... and then recalculate a Mcap of $600M for MCO with 20M coins
--> 0.0030 BTC per MCO

Aww poor guy needs a friend on the internet? I'm sorry. I'll be nice. hahaha  Cheesy

Lets agree to disagree.

It's not very smart to calculate another 20million coins in. The team is smart they may wait for the market cap to be in the two billion dollar range before selling any coins. Many teams wait years before they sell any or even a small daily amounts because it doesn't have much effect. So you may miss out, thinking like this not a good idea.


Yea, I don't know where he got 20 million coins. He probably just woke up or something.

Max supply is 30M. The question is indeed when and how the team will increase supply. I assumed 2/3 of the supply once the product is rolled out (to help the system run smoother)

Bottom line Even at 10M coins... I still struggle to see how MCO can pass he 0.01 BTC mark in the next months. 1BTC is simply crazy at this stage.
I hold, I just hope you are right, but it looks like a huge stretch to me.


I see what you are calculating.

Look here: https://mona.co/monaco-whitepaper.pdf

Page 9 - How much MCO was issued for ETH.

Do you anywhere see if anyone is selling 10 million MCO? 5 million MCO? 1 million MCO?

If I use your calculations it's not longer 55 million to 100 million for 12 billion. It would be a good half a billion investment to turn Monaco into 120 BILLION DOLLARS.
bigbuch
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August 22, 2017, 05:50:24 PM
 #2062

мoнaкo кaтитcя вниз yжe 00270 дyмaю дoйдeт дo 00200 ceгoдня
overoneone
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August 22, 2017, 05:50:47 PM
 #2063

I am very sorry, patnas, but when MCO is listed? And where? what time?



https://coinmarketcap.com/assets/monaco/#markets

Bittrex
Liqui
Livecoin
Yobit
Gatecoin
VelureBit
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August 22, 2017, 05:52:11 PM
 #2064

I am very sorry, patnas, but when MCO is listed? And where? what time?



https://coinmarketcap.com/assets/monaco/#markets

Bittrex
Liqui
Livecoin
Yobit
Gatecoin


I meant in near future
overoneone
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August 22, 2017, 05:52:36 PM
 #2065

мoнaкo кaтитcя вниз yжe 00270 дyмaю дoйдeт дo 00200 ceгoдня

If it goes there, buy, laugh, and be happy.
overoneone
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August 22, 2017, 05:54:03 PM
 #2066

I am very sorry, patnas, but when MCO is listed? And where? what time?



https://coinmarketcap.com/assets/monaco/#markets

Bittrex
Liqui
Livecoin
Yobit
Gatecoin


I meant in near future
http://www.newsbtc.com/2017/08/16/monaco-mco-token-list-binance-com-chinas-fastest-growing-exchange/
stupid_seb
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August 22, 2017, 06:45:32 PM
Last edit: August 22, 2017, 09:23:41 PM by stupid_seb
 #2067


I see what you are calculating.

Look here: https://mona.co/monaco-whitepaper.pdf

Page 9 - How much MCO was issued for ETH.

Do you anywhere see if anyone is selling 10 million MCO? 5 million MCO? 1 million MCO?

If I use your calculations it's not longer 55 million to 100 million for 12 billion. It would be a good half a billion investment to turn Monaco into 120 BILLION DOLLARS.


Here's my understanding of the token supply. I refer to Whitepaper Section 8 (the example on 8.3 is straigtforward)

During the Token Creation Event, X tokens are created.
After the Token Creation event ends, the following additional MCO are created:
• X MCO for the Reserve
• 83% of X  MCO for the Founders
• 33% of X  MCO for the Talent Pool (future hires)
• 17% of X MCO for the Advisors

In total, 3X MCO are created


almost 10M tokens were created, hence the maximum maximorum total supply will be 30M tokens. It may never be reached.

My 20M assumes That the Founders + Talent + Advisors get their shares (after a vesting periods that are disclosed and will be over in mid-2018).
I took the hypothesis that the Reserve will not be created (quite bold...), see section 8.2.2.
I did not factor some potential token burn. (may be compensated by Reserve?)

So mid 2018, I believe our baseline is
a/ 20M tokens circulating ("hodled" or not)
b/ BTC higher than $4,000 today (I assumed $10k for the exercice, you do the math with another figure).

only (b) is questionnable, and therefore raises one question only: how fast will MCO increase in value vs. BTC ? (same question for EVERY coin btw).

We may also ask how MCO can have a sustainable growth (putting $100M to make $12B is, imho, not sustainable as traders will sell their positions and take the valuation down at the same time the order book moves...)

KG7
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August 22, 2017, 06:50:46 PM
 #2068

i think this coin is going to flip on 23 aug!!!
overoneone
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August 22, 2017, 06:59:47 PM
 #2069

i think this coin is going to flip on 23 aug!!!

What do you mean by flip?
MalReynolds
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August 22, 2017, 07:14:32 PM
 #2070

I am very sorry, patnas, but when MCO is listed? And where? what time?

MCO will go live on Binance Chinese market exchange at 4PM UTC / Noon US Eastern time on May 23 - roughly 20 hours 45 minutes from when I am writing this.
overoneone
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August 22, 2017, 07:29:50 PM
 #2071

Time to sleep and try my luck by placing buy order at 0.0022 btc / mco

See you and good night

Good Luck. hahaha
overoneone
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August 22, 2017, 07:30:59 PM
 #2072

I am very sorry, patnas, but when MCO is listed? And where? what time?

MCO will go live on Binance Chinese market exchange at 4PM UTC / Noon US Eastern time on May 23 - roughly 20 hours 45 minutes from when I am writing this.

What are your thoughts Richard Castle?
MalReynolds
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August 22, 2017, 07:32:41 PM
 #2073

I am very sorry, patnas, but when MCO is listed? And where? what time?

MCO will go live on Binance Chinese market exchange at 4PM UTC / Noon US Eastern time on May 23 - roughly 20 hours 45 minutes from when I am writing this.

What are your thoughts Richard Castle?

I'm gonna be rich.  But maybe not quite enough to buy a townhouse on the Upper West Side....yet.

Ano
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August 22, 2017, 07:35:19 PM
 #2074

MCO is getting more attention this will my best investment of the year as like this market is growing. I hope soon price will go to new floor because it deserve to be around 0.01 BTC when this app will get released.
overoneone
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August 22, 2017, 08:00:31 PM
 #2075

I am very sorry, patnas, but when MCO is listed? And where? what time?

MCO will go live on Binance Chinese market exchange at 4PM UTC / Noon US Eastern time on May 23 - roughly 20 hours 45 minutes from when I am writing this.

What are your thoughts Richard Castle?

I'm gonna be rich.  But maybe not quite enough to buy a townhouse on the Upper West Side....yet.



hahaha. Too bad they took down Streaming of Castle. Will order all seasons from Amazon in 5 minutes.
overoneone
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August 22, 2017, 08:01:41 PM
 #2076

MCO is getting more attention this will my best investment of the year as like this market is growing. I hope soon price will go to new floor because it deserve to be around 0.01 BTC when this app will get released.

At what price did you get in?
DynamQ
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August 22, 2017, 08:12:46 PM
 #2077

MCO is getting more attention this will my best investment of the year as like this market is growing. I hope soon price will go to new floor because it deserve to be around 0.01 BTC when this app will get released.
Very optimistic forecast! I do not think that we will see such a price so quickly, But everything can be
KG7
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August 22, 2017, 08:15:30 PM
 #2078

i think this coin is going to flip on 23 aug!!!

What do you mean by flip?


its going to skyrocket, it will be on the chinese trading market.
TagWatch
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August 22, 2017, 08:18:26 PM
 #2079

i think this coin is going to flip on 23 aug!!!

What do you mean by flip?


its going to skyrocket, it will be on the chinese trading market.

it is allready skyrocket for monaco even not yet entering chinese market, what so special about entering chinese market
they can pump up to 100000000000% price ?
dishku
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August 22, 2017, 08:27:19 PM
 #2080

i think this coin is going to flip on 23 aug!!!

What do you mean by flip?


its going to skyrocket, it will be on the chinese trading market.

it is allready skyrocket for monaco even not yet entering chinese market, what so special about entering chinese market
they can pump up to 100000000000% price ?

Look over NEO and STRATIS the best example of Chinese and how price move to the sky. Monaco has a real use case so it has very high chance to become more valuable once it will working prototype so stay tuned and keep hope so high.
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