0.0026
Where some expected 0.005...
Weak hands are pulling the trigger today?
This will inevitably occur in the future as the MCO market is at the center of large trading floors and the market will be pumped from investors and whales, so the price tag of 0.005 BTC is sure to happen.
I agree with you on this point. But future is a broad term. It could be 2 days or 2 years...
Agreed as well.
And actually it is 7 days: What matters now it the timeline for the product release. (we could even see a spike at 0.007 during the 1st move up.)
TenX is already up and running on Android, Centra, the outsider (some people call it a scam) has big plans: it's a lot of competition for MCO.
MCO has an advantage bc it should target the Southeast Asia market, where Centra is US+Europe and TenX a bit everywhere.
I did not say China... I believe Chinese do not know about MCO (they pay with WeChat anyway..), which could explain the dip yesterday on Binance: It's up to MCO to promote their tech in mainland China if they want to have traction there.
Little piece of advice for some here: you may have read a ton of BS about MCO reaching 1BTC etc... Do your own research, and make your own calculations.
Interesting points. Did you sell your MCO today? Can you tell us?
Nope. HODL so far.
I had already reinforced at 0.0027 long time ago, playing a dip. (again I announced it on the forum, I even missed a train forecasting a dip and the coin raised... to dip 2 days later only.)
If you read some of my posts above, you will see that, my
personal forecast for MCO/BTC is :
- very long tern: no clue. It can be a multi-billion business, or nothing...
- long term: 0.003 to 0.005 (20M tokens and a BTC north of $6k)
--> simple maths where MCO is around $500 to $700M market cap.
- mid term: 0.005 maybe 0.007 (again depending on the price of BTC), maybe a spike at 0.01 BTC per MCO on the hype-ramp after product release.
--> Binance listing is a good point here, it will increase liquidity and help the coin move up faster.
- short term: oscillating between 0.0027 and 0.0032
--> I did a couple good trades within this range, but as we move closer to the product release the more dangerous it becomes, and standard trading indicators do not mean a thing anymore.
I may be completely wrong of course, but so far such analyses went pretty good on other coins.
Happy to discuss and disagree :-)
My goal is to generate BTC with MCO, not USD. Therefore my trades only goal is to increase the total amount of BTC in my wallet: I only invest in coins I believe will raise faster than BTC (not a lot of them...)
--> BTC price raise is the party pooper here, but hopefully some
high quality people here will buy my MCO sell-order at 0.095 MCO/BTC. ;-)
