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lonesomestranger
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November 14, 2017, 07:52:25 PM
 #5881

Just wait 1-3 months and you will see what does it means locked up coins. Demand will be much higher than supply and we will get to the point of almost no coins for sale. This will be wild. Top 10 coin for sure.

I think the same! It's a great and a smart thing they did with locking the coins, and if they succeed to clean the stains from last months, MCO will be big Smiley
In my opinion it will not reach Top 10, there are other projects who will rise too. But of course it would be nice, if this happens come back and blame me please Cheesy

Well, I'm aware about that, I have some other projects on my top list, but this "coins locking" seems so original, and it might succeed Smiley

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fajarkus12
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November 14, 2017, 09:52:37 PM
 #5882

Just wait 1-3 months and you will see what does it means locked up coins. Demand will be much higher than supply and we will get to the point of almost no coins for sale. This will be wild. Top 10 coin for sure.

I think the same! It's a great and a smart thing they did with locking the coins, and if they succeed to clean the stains from last months, MCO will be big Smiley
In my opinion it will not reach Top 10, there are other projects who will rise too. But of course it would be nice, if this happens come back and blame me please Cheesy

Well, I'm aware about that, I have some other projects on my top list, but this "coins locking" seems so original, and it might succeed Smiley
Moreover if monaco team can announce more big news that can make investors happy maybe this coin can be top 10 coin in coinmarketcap. Seem it wil not easy but opportunity still exist
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November 15, 2017, 12:52:57 AM
 #5883

Just wait 1-3 months and you will see what does it means locked up coins. Demand will be much higher than supply and we will get to the point of almost no coins for sale. This will be wild. Top 10 coin for sure.

I think the same! It's a great and a smart thing they did with locking the coins, and if they succeed to clean the stains from last months, MCO will be big Smiley
In my opinion it will not reach Top 10, there are other projects who will rise too. But of course it would be nice, if this happens come back and blame me please Cheesy

Well, I'm aware about that, I have some other projects on my top list, but this "coins locking" seems so original, and it might succeed Smiley

It will only succeed if the value provided by the card means more people will want to buy 50-500 MCO tokens, even if the price increases to, say, $10usd per token. 1-1.5 per cent cash back might not be enough in some countries to get that kind of uptake. There is a risk that the initial rush from the 'crypto' people will not lead to more mainstream or wide spread adoption. Hopefully further marketing will make a difference but there is no guarantees!

I think a revised version of the asset contract, whenever that is announced, will help with uptake, as it helps given more inherent value (even if it is only marginal) to MCO.

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November 15, 2017, 02:00:41 AM
 #5884


https://mobileidworld.com/gemalto-visa-cards-cryptocurrency-011142/

Gemalto Provides Metal Visa Cards for Cryptocurrency Platform Provider Monaco


A Switzerland-based cryptocurrency exchange platform, Monaco, has contracted Gemalto to provide its physical Visa cards.

Gemalto Provides Metal Visa Cards for Cryptocurrency Platform Provider MonacoGemalto has developed metal payment cards for Monaco in a range of colors including dark blue, red, rose, light grey, and dark grey. The cards are available to users of Monaco’s app, and offer cashback rewards in supported cryptocurrencies. Explaining the move in a statement, Gemalto SVP of Banking & Payment Asia Michael Au said that financial services firms around the world are investing more in “card body innovations”, adding, “Metal cards are strongly associated with top-of-the-line, high value services.”

Monaco, meanwhile, highlighted both the aesthetic quality of the cards and the “high-end security components” used in them. Such features are likely important to Monaco users, given the need for strong digital security in the nascent field of cryptocurrency.

News of the Monaco deal comes soon after Gemalto’s announcement of SafeNet Data Protection On Demand, a cloud-based enterprise security platform.
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November 15, 2017, 08:17:48 AM
 #5885

With this volume of monaco cards on production, this is far so exciting. That is why movement on the monaco coin is as if something will explode. We will might, hopefully be surprised that it was already rising. And with that volume being bought on bittrex, is that 46,000 coins been bought. Oh wow, they are really investing on this coin. It's just a matter of days, before the rise.

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November 15, 2017, 10:37:14 AM
 #5886

I think a revised version of the asset contract, whenever that is announced, will help with uptake, as it helps given more inherent value (even if it is only marginal) to MCO.
Absolutely, and I still hope they will bring back the asset contract in any form.

As an example, DCORP and Spectre.io are splitting their Token to be conform with SEC. Both of them will have one Utility Token, and one for Dividends. The Utility Token will have other advantages to compensate not paying dividends.

At DCORP mostly the Utility Token will be listed on the bigger exchanges who don't list Dividend Tokens, but every Tokenholder will be able to convert between Utility/Dividend anytime with a small fee. How great is that, something similar could be the solution for MCO. I can't expect how much the MCO price will rise if they announce something like that.

At Spectre.io the ICO Investors have to choose between Utility and Dividend Token some days after the ICO.
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November 15, 2017, 11:39:13 AM
 #5887

With this volume of monaco cards on production, this is far so exciting. That is why movement on the monaco coin is as if something will explode. We will might, hopefully be surprised that it was already rising. And with that volume being bought on bittrex, is that 46,000 coins been bought. Oh wow, they are really investing on this coin. It's just a matter of days, before the rise.
I have assumption that this coin price can rise when all people received their card, because they will give positive feedback to monaco card, and it can make more people interested to order monaco card
sebr1ng
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November 15, 2017, 12:02:26 PM
 #5888

I think so too - we need some good news atm...
delpiero10
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November 15, 2017, 01:52:45 PM
 #5889

good reading about Monaco on reddit: https://www.reddit.com/r/MonacoCard/comments/7d1hbr/a_serious_look_into_monaco_card/
rajravind
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November 15, 2017, 02:32:02 PM
 #5890

What's the reason of the current pump? Did any good news come out today?
Just the usual fluctuations... It's been the same movements for the past week or so.
I agree with you, this only usual fluctuation and other coin also rise today, because before all altcoins price has down deep. So this is time for altcoin to rise again, and surely after the price rise sooner or later it will down again

I think it is more related to most other altcoins going up. It could also have something to do with increased attention from the Singapore rollout, or the commitment to revisit something similar to the 1 per cent asset contract, but we'll see.

If it breaks out above about $8 it will be back to roughly where it was before the whole smart contract scrapping/visa joint announcement.

I'm hoping it can pop back down for a bit so I can get some at a better price!

Well
There is some possibility for it to go down to 0.00085 right after the announcement .
So, stay tuned

I told you it will go down to 0.00085
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November 15, 2017, 03:39:18 PM
 #5891


Great post!  Cheesy

theMiro
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November 15, 2017, 04:40:28 PM
 #5892

I just realised that my locked-in period finished just before peak and I could sell for $20+ a coin. Undecided i'm a  Gumb Duy.

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BTCMILLIONAIRE
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November 15, 2017, 04:43:51 PM
 #5893

I just realised that my locked-in period finished just before peak and I could sell for $20+ a coin. Undecided i'm a  Gumb Duy.
People not understanding the lock-in period is what caused the pump as well as the quick dump straight afterwards. They realized that they still didn't have to lock in yet. Tongue

Let's see if there'll be any news regarding the asset contract in the Q4K tomorrow.
btc2mars
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November 15, 2017, 08:37:55 PM
 #5894

My bet is... there will be another promise of asset contract!

Then the price will pump!

Then after a while, they will take it away againa

Hahahah!!

One wave after one wave, there will still be people falling for this big mother trap

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November 15, 2017, 08:44:57 PM
 #5895

My bet is... there will be another promise of asset contract!

Then the price will pump!

Then after a while, they will take it away againa

Hahahah!!

One wave after one wave, there will still be people falling for this big mother trap

Nope, if they promised this time, they won't remove it bcos that would severely damage the investors' trust on them.
lonesomestranger
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November 15, 2017, 10:24:45 PM
 #5896

My bet is... there will be another promise of asset contract!

Then the price will pump!

Then after a while, they will take it away againa

Hahahah!!

One wave after one wave, there will still be people falling for this big mother trap

Nope, if they promised this time, they won't remove it bcos that would severely damage the investors' trust on them.

Yep, I think the same, is their last chance to repair some of the damage they did in the last months Smiley

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November 15, 2017, 10:37:07 PM
 #5897

My bet is... there will be another promise of asset contract!

Then the price will pump!

Then after a while, they will take it away againa

Hahahah!!

One wave after one wave, there will still be people falling for this big mother trap

Nope, if they promised this time, they won't remove it bcos that would severely damage the investors' trust on them.

Yep, I think the same, is their last chance to repair some of the damage they did in the last months Smiley

You guys should all be a bit more thankful and patient though. I bet a lot of you commenting were the same people doubting that Monaco has Visa in the first place.
I don't mean anyone in specific, just in general.
So far they have kept their word all the way every time. Don't forget that removing the asset contract was a strategic move to not be delisted in the future.

Monaco takes no short cuts and focus on compliance.
If you remember that's another reason why they didn't go via China for their ICO even though they could have raised a lot more money taking that short cut. Good move in hindsight. Same as asset contract.

Monaco could also have done a TenX move and gone via a third party like Wavecrest and take short cuts in terms of territory. But they chose not to. You can see the consequences TenX had to suffer for opting for the faster route making them much slower in the end.
Do you see a pattern?

edit: typo
avpwarrior
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November 16, 2017, 12:22:58 AM
 #5898

My bet is... there will be another promise of asset contract!

Then the price will pump!

Then after a while, they will take it away againa

Hahahah!!

One wave after one wave, there will still be people falling for this big mother trap

Nope, if they promised this time, they won't remove it bcos that would severely damage the investors' trust on them.

Yep, I think the same, is their last chance to repair some of the damage they did in the last months Smiley

You guys should all be a bit more thankful and patient though. I bet a lot of you commenting were the same people doubting that Monaco has Visa in the first place.
I don't mean anyone in specific, just in general.
So far they have kept their word all the way every time. Don't forget that removing the asset contract was a strategic move to not be delisted in the future.

Monaco takes no short cuts and focus on compliance.
If you remember that's another reason why they didn't go via China for their ICO even though they could have raised a lot more money taking that short cut. Good move in hindsight. Same as asset contract.

Monaco could also have done a TenX move and gone via a third party like Wavecrest and take short cuts in terms of territory. But they chose not to. You can see the consequences TenX had to suffer for opting for the faster route making them much slower in the end.
Do you see a pattern?

edit: typo

So, do you guys think Monaco is good for long or short terms?
mig6r
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November 16, 2017, 01:17:49 AM
 #5899

With this volume of monaco cards on production, this is far so exciting. That is why movement on the monaco coin is as if something will explode. We will might, hopefully be surprised that it was already rising. And with that volume being bought on bittrex, is that 46,000 coins been bought. Oh wow, they are really investing on this coin. It's just a matter of days, before the rise.
I have assumption that this coin price can rise when all people received their card, because they will give positive feedback to monaco card, and it can make more people interested to order monaco card

That's not an assumption, that's a given. Right now everyone is just waiting for the team to stick to their promises. Until then there is a lot of justified doubt in the market and the price won't go up except when someone with deep pockets decides to pump it no matter what. But I doubt that will happen because it's hard to create momentum for a coin where there is so much doubt.

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November 16, 2017, 02:12:20 AM
 #5900

Hey guys! I already reserved my Ruby Steel. I just want to ask about the $500,000 travel insurance. How does it work? How long will it last? Is there a contract? I'm just newbie when it comes to fintech. I hope somebody will answer my question. Thanks in advance!
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