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[Megumi143]

This coin should be literally trading at fifty dollars right now ! $50.0

Monanco should have the same market cap as TENX 400million at a 400 million market cap

Monanco's price is in the $50's

[nitrust]

I have been watching this coin and it was over 20 dollars  like 2 days ago. It should be a good time to buy according to the charts

[onceuponatime]

This coin should be literally trading at fifty dollars right now ! $50.0

Monanco should have the same market cap as TENX 400million at a 400 million market cap

Monanco's price is in the $50's

First, NO, Monaco should not have same market cap as TenX because Monaco is better. Monaco will hit $200+ and TenX will still be under $10

Second, please go to bed, stop posting on forum cause you are losing it

Monaco is a wifey material and TenX is a mediocre looking girl. Why? Cause thats the way it is. And it will stay that way. There is nothing "cool" about TenX. 

[benjismarket]

Great project. I use Bitpay's card, but have been looking for another option. Hoping this will have USA support???

[Megumi143]

You literally own a card that pays you for holding there coin in terms of transaction fees at 1%.

So basically, you get paid to do nothing. The more users of the card the more money you make.

The more cash flows you generate from new users the more value your coin has to buyers.

Yes Monanco should be way beyond a fifty dollar coin

[vikingchild]

One of the projects I wish I had invested huge into. 150 MonacoCoins for just 1 Ether, that was a sweet deal! What is that? Less than 2 USD per coin and each coin is now worth over 13 USD? Sweet!

[Kmdr]

Android app works fine. Installed, registered and got the card ordered without any problem.  And bought a few more MCO on the dip 

[stupid_seb]

You literally own a card that pays you for holding there coin in terms of transaction fees at 1%.
So basically, you get paid to do nothing. The more users of the card the more money you make.

The more cash flows you generate from new users the more value your coin has to buyers.
Yes Monanco should be way beyond a fifty dollar coin

People... DO THE MATH please... or you will get burned in this game!!

The Market:
Today: 1M people use cryptos. It will grow like crazy, maybe x2 to x3 soon, but most of the population is not yet there (10 more years needed, maybe less)

Question is how many will use the MCO card ? Let's say... 500,000 people. Using it on a regular basis = spending in average $10,000 per person.

That's HEFTY figures... but let's imagine, maybe in 2-3 years, when BTC will be stable and people will want to use it directly from the wallet to the merchant. (for tax evasion purposes mostly... lol)
Keep in mind: 500,000 MCO cars is something like 20% of the market reached: A serious performance, assuming MCO is not present in ALL the markets and assuming you have competition like CTR, PAY and TKN, each one on their respecitve markets (MCO= SE Asia, CTR = USA, TKN = EURope, PAY = a bit everywhere...)

Yes, 20% %share is HIGH. Not everybody may have a card (country limitations)... or may need it, or want to spend BTC (growing asset)


The REVENUES on this market:
1% of (500,000 x $10,000) each year = $50M revenues per year.

Apply a PER of x5 on the Revenues (Price Earning Ratio).
I don't take the usual x10 because .. hey...it's cryptos!! More like startups, people will expect faster return and the market may not wait for 10 years.

That is $50MM x 5 = $250MM

This is "ballpark" the average Market Cap of a Crypto credit card TODAY (maybe in 5 years it will be $1B... maybe more, but I think that in 5 years, Chase, BankOfAmerica, or even VISA and others will have their own token cards. The market is too big to be left untouched by the banksters)

Now... half full, half empty: choose your camp:

Optimists will see $400MM --> 20M coins for MCO (estimated cruise amount: RTFW = read the f whitepaper) = $20 per coin
Pessimists will see $200M --> $10 per coin


That said, you know how to address this market now:
--> PAY is too expensive (surfes on hype)
--> MCO may show some limited potential after the bloodbath we saw. Buy the dips, sell the bumps.
--> CTR still needs to bloom (post ICO). Wait and see. ICO levels will be destroyed upwards
--> TKN is undervalued by x5, being the only actor tapping on the European market (and in London... a "small" financial place)

[lilRoy07]

MCO is ready to burn again...

[myfranco]

You literally own a card that pays you for holding there coin in terms of transaction fees at 1%.
So basically, you get paid to do nothing. The more users of the card the more money you make.

The more cash flows you generate from new users the more value your coin has to buyers.
Yes Monanco should be way beyond a fifty dollar coin

People... DO THE MATH please... or you will get burned in this game!!

The Market:
Today: 1M people use cryptos. It will grow like crazy, maybe x2 to x3 soon, but most of the population is not yet there (10 more years needed, maybe less)

Question is how many will use the MCO card ? Let's say... 500,000 people. Using it on a regular basis = spending in average $10,000 per person.

That's HEFTY figures... but let's imagine, maybe in 2-3 years, when BTC will be stable and people will want to use it directly from the wallet to the merchant. (for tax evasion purposes mostly... lol)
Keep in mind: 500,000 MCO cars is something like 20% of the market reached: A serious performance, assuming MCO is not present in ALL the markets and assuming you have competition like CTR, PAY and TKN, each one on their respecitve markets (MCO= SE Asia, CTR = USA, TKN = EURope, PAY = a bit everywhere...)

Yes, 20% %share is HIGH. Not everybody may have a card (country limitations)... or may need it, or want to spend BTC (growing asset)


The REVENUES on this market:
1% of (500,000 x $10,000) each year = $50M revenues per year.

Apply a PER of x5 on the Revenues (Price Earning Ratio).
I don't take the usual x10 because .. hey...it's cryptos!! More like startups, people will expect faster return and the market may not wait for 10 years.

That is $50MM x 5 = $250MM

This is "ballpark" the average Market Cap of a Crypto credit card TODAY (maybe in 5 years it will be $1B... maybe more, but I think that in 5 years, Chase, BankOfAmerica, or even VISA and others will have their own token cards. The market is too big to be left untouched by the banksters)

Now... half full, half empty: choose your camp:

Optimists will see $400MM --> 20M coins for MCO (estimated cruise amount: RTFW = read the f whitepaper) = $20 per coin
Pessimists will see $200M --> $10 per coin


That said, you know how to address this market now:
--> PAY is too expensive (surfes on hype)
--> MCO may show some limited potential after the bloodbath we saw. Buy the dips, sell the bumps.
--> CTR still needs to bloom (post ICO). Wait and see. ICO levels will be destroyed upwards
--> TKN is undervalued by x5, being the only actor tapping on the European market (and in London... a "small" financial place)

Maybe when the card is very popular, it will reach 10M user cap. Maybe it will be worldwide use. Think about big corporates too. It's very hard to limit the use with 400M market cap. To me, it makes billions in 1-2 years. Everybody knows crypto now and it will explode like cell phones. Majority will start to use it.

[stupid_seb]

Maybe when the card is very popular, it will reach 10M user cap. Maybe it will be worldwide use. Think about big corporates too. It's very hard to limit the use with 400M market cap. To me, it makes billions in 1-2 years. Everybody knows crypto now and it will explode like cell phones. Majority will start to use it.

100% agree.

The only questions are:
1- WHEN? when will most people start using cards to spend cryptos ? (BTC will have to be more stable, not growing 100% every 3 months!)
2- and: Are you willing to put your money NOW and "risk" the entry of other competitors etc ?

It's a pure risk/rewards decision. I gave the "middle lane".

[Ac_V]

Today you can not plan your profits for years to come. There will be new ISO, which will close these cards. For today, this ISO blew up only 1000 asses, due to poor management and poor information. Tomorrow it can blow up 1000 asses cardholders. Who flew to the Moon yesterday? Burning ass flew to the Earth.)

[lilRoy07]

Today you can not plan your profits for years to come. There will be new ISO, which will close these cards. For today, this ISO blew up only 1000 asses, due to poor management and poor information. Tomorrow it can blow up 1000 asses cardholders. Who flew to the Moon yesterday? Burning ass flew to the Earth.)

Quality post; troll.

MCO releases this visa card, many will stand by it..

[Bossthirteen]

MOnaco continuing to dump I think the whales are done with it now

[Ac_V]

Today you can not plan your profits for years to come. There will be new ISO, which will close these cards. For today, this ISO blew up only 1000 asses, due to poor management and poor information. Tomorrow it can blow up 1000 asses cardholders. Who flew to the Moon yesterday? Burning ass flew to the Earth.)

Quality post; troll.

MCO releases this visa card, many will stand by it..

You first become acquainted with the information. Many people order cards, only use them will be only the Asian market.
And don't talk about the Visa.That's enough!

[buddynuno]

MOnaco continuing to dump I think the whales are done with it now

You guys keep forgetting the number #2 rule. Buy on the rumor! Sell on the news!
The number #1 is: Don't invest more than you cannot afford to lose.

[thelema93]

Mco price will stay like this or drop some more until all the weak hands get shaken out.
In september when the visa cards roll out, they'll all be crying.

[lilRoy07]

im flipping it as it spirals, gaining 1-3% Monaco per time...

Soon ill own 30% of this rubbish fkn coin.

[stupid_seb]

MOnaco continuing to dump I think the whales are done with it now

You guys keep forgetting the number #2 rule. Buy on the rumor! Sell on the news!
The number #1 is: Don't invest more than you cannot afford to lose.

I'd say: #2 rule of cryptos is : "Buy the FUD, sell the hype"

[myfranco]

Maybe when the card is very popular, it will reach 10M user cap. Maybe it will be worldwide use. Think about big corporates too. It's very hard to limit the use with 400M market cap. To me, it makes billions in 1-2 years. Everybody knows crypto now and it will explode like cell phones. Majority will start to use it.

100% agree.

The only questions are:
1- WHEN? when will most people start using cards to spend cryptos ? (BTC will have to be more stable, not growing 100% every 3 months!)
2- and: Are you willing to put your money NOW and "risk" the entry of other competitors etc ?

It's a pure risk/rewards decision. I gave the "middle lane".

You know what? I live in Istanbul and those who are asking me how to setup an .exe file, are now asking me how to buy Bitcoins etc. It's growing more than we can imagine. There were only 7 coins in 2013, 88B Market cap just last month. Which doubled already. It's growing too fast now. It's like cell phones, it only took a cpuple of years to be integrated. That's my opinion ofc. I respect yours.