greyworld (OP)
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August 30, 2017, 04:44:57 AM |
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The price will crater on the 31st. Buy it back after it does, it'll probably recover a lot of value. But it's being inflated right now by bots and a dumptruck of money, so that when the devs can sell their coins on the 31st they'll get more for them.
For me its now a good time to buy back because i saw yesterday that monaco has already reach its peak price. Maybe on september the price will bounce back and to continue its peak i know it will grow more when they finally release their own card. Best of luck to you, really. I am worried about buying in too much because the growth we saw over the last two days was basically the result of an MCO bot shovelling tons of money into the process. If you look at the volume now though, and the growth/retraction pattern... that bot has been shut off. Now the only thing holding the price up is bagholders. And if they decide to leave in mass soon, very bad things will happen to the MCO price.
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dewanaga
Copper Member
Sr. Member
Offline
Activity: 504
Merit: 251
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August 30, 2017, 04:46:40 AM |
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The price will crater on the 31st. Buy it back after it does, it'll probably recover a lot of value. But it's being inflated right now by bots and a dumptruck of money, so that when the devs can sell their coins on the 31st they'll get more for them.
For me its now a good time to buy back because i saw yesterday that monaco has already reach its peak price. Maybe on september the price will bounce back and to continue its peak i know it will grow more when they finally release their own card. I agree with you, but I think this is a risky option to buy, if indeed the monaco handed cards will actually go to the moon
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lilRoy07
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August 30, 2017, 04:49:19 AM |
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The price will crater on the 31st. Buy it back after it does, it'll probably recover a lot of value. But it's being inflated right now by bots and a dumptruck of money, so that when the devs can sell their coins on the 31st they'll get more for them.
For me its now a good time to buy back because i saw yesterday that monaco has already reach its peak price. Maybe on september the price will bounce back and to continue its peak i know it will grow more when they finally release their own card. Best of luck to you, really. I am worried about buying in too much because the growth we saw over the last two days was basically the result of an MCO bot shovelling tons of money into the process. If you look at the volume now though, and the growth/retraction pattern... that bot has been shut off. Now the only thing holding the price up is bagholders. And if they decide to leave in mass soon, very bad things will happen to the MCO price. You gamble you either lose or win. Im not here to breakeven. I have a few thousand dollars worth of coins (i can leave now 7-10k up), but im not going too. This is peoples ticket to dream. Call me stupid, call me dumb.. but I see what you are saying, and partially agree. But that being said this still has no known ceiling. If the cards legit, this is gonna make me one pretty rich man..
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trinhdinhthang20007
Member
Offline
Activity: 266
Merit: 10
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August 30, 2017, 04:50:15 AM |
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As far as I can see, the amount of MCO sold is relatively high, the price has reached 10x, a dream figure but probably will increase but not much and in late September or October will be the sharp drop of the MCO .
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greyworld (OP)
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August 30, 2017, 04:53:43 AM |
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If the cards legit, this is gonna make me one pretty rich man..
I hope this works out great for you and that I'm 110% wrong in all my paranoid thoughts about it. Good luck! TO THE MOON!
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Saidmod
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August 30, 2017, 05:00:52 AM |
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The price will crater on the 31st. Buy it back after it does, it'll probably recover a lot of value. But it's being inflated right now by bots and a dumptruck of money, so that when the devs can sell their coins on the 31st they'll get more for them.
For me its now a good time to buy back because i saw yesterday that monaco has already reach its peak price. Maybe on september the price will bounce back and to continue its peak i know it will grow more when they finally release their own card. Best of luck to you, really. I am worried about buying in too much because the growth we saw over the last two days was basically the result of an MCO bot shovelling tons of money into the process. If you look at the volume now though, and the growth/retraction pattern... that bot has been shut off. Now the only thing holding the price up is bagholders. And if they decide to leave in mass soon, very bad things will happen to the MCO price. Thanks. I don't have any worries because i believe on monaco projects whatever the price now i just leave it and wait for long term. I know that is a kind of price hype but definitely a good sign that the market is active and more over the team behind on it are in progress working in their projects.
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greyworld (OP)
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August 30, 2017, 07:58:36 AM |
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Thanks. I don't have any worries because i believe on monaco projects whatever the price now i just leave it and wait for long term. I know that is a kind of price hype but definitely a good sign that the market is active and more over the team behind on it are in progress working in their projects.
Yes I think you have a good plan, long term these little market fluctuations won't mean much.
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greyworld (OP)
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August 31, 2017, 03:42:00 PM |
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MCO way down and still falling. Everyone who listened: Congratulations, buy back in in the dips and watch it climb. Everyone who didn't, my sincerest condolences, I did not want to be right about this.
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wurth
Sr. Member
Offline
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
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August 31, 2017, 07:00:44 PM |
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MCO way down and still falling. Everyone who listened: Congratulations, buy back in in the dips and watch it climb. Everyone who didn't, my sincerest condolences, I did not want to be right about this.
If you buy back with the price of Monaco at now, you need take small profit because the bullish trend of Monaco has ended in yesterday when the price of Monaco reach to @600k satoshi, you should analysic careful before decided buy again.
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mace15
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August 31, 2017, 07:08:21 PM |
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Thanks. I don't have any worries because i believe on monaco projects whatever the price now i just leave it and wait for long term. I know that is a kind of price hype but definitely a good sign that the market is active and more over the team behind on it are in progress working in their projects.
Yes I think you have a good plan, long term these little market fluctuations won't mean much. You can serve it as a long term since there is hype happen for Monaco. Most miss the train with the price pump recently but maybe for a little bit hodling will still give you enough profit.
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BigBadBitBaron
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August 31, 2017, 09:41:15 PM |
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This whole thread looks very suspicious to me.
seems to me that OP is trying to get everyone to dump before 1st Sept so as to profit from bargain basement prices.
As far as VISA card is concerned, whether there is card or no card is absolutely no issue. Anyone and their grandma can launch a visa debit card these days for little or no costs..
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lilRoy07
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August 31, 2017, 09:53:55 PM |
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then wheres the god damn card?
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IT_AEX
Newbie
Offline
Activity: 42
Merit: 0
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August 31, 2017, 10:58:53 PM |
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MCO way down and still falling. Everyone who listened: Congratulations, buy back in in the dips and watch it climb. Everyone who didn't, my sincerest condolences, I did not want to be right about this.
If you buy back with the price of Monaco at now, you need take small profit because the bullish trend of Monaco has ended in yesterday when the price of Monaco reach to @600k satoshi, you should analysic careful before decided buy again. Yeah I'd suggest the same, as long as cards are not delivered prices will continue to fall. I'd not invest right now but as soon as another insight is released.
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greyworld (OP)
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August 31, 2017, 11:15:50 PM |
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This whole thread looks very suspicious to me.
seems to me that OP is trying to get everyone to dump before 1st Sept so as to profit from bargain basement prices.
As far as VISA card is concerned, whether there is card or no card is absolutely no issue. Anyone and their grandma can launch a visa debit card these days for little or no costs..
What's suspicious about it? I said MCO would tank, and it did. Touched 200k for a second today before recovering a bit. That's 300k+ down from when I posted this. Don't shoot the messenger.
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JohnDoe3490
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August 31, 2017, 11:27:43 PM |
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What a call. I wish I saw this thread earlier .Looks like I'll be riding it back up.
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greyworld (OP)
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August 31, 2017, 11:29:37 PM |
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What a call. I wish I saw this thread earlier .Looks like I'll be riding it back up. You and me both, I only sold half. Luckily that helped me buy back in at a very low dip to where I basically recovered most of my losses already, but still... I miss 400k+! It'll be back there soon they just need some good news and Kris needs to get out ahead of the twitter-ati better.
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JohnDoe3490
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August 31, 2017, 11:31:38 PM |
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What a call. I wish I saw this thread earlier .Looks like I'll be riding it back up. You and me both, I only sold half. Luckily that helped me buy back in at a very low dip to where I basically recovered most of my losses already, but still... I miss 400k+! It'll be back there soon they just need some good news and Kris needs to get out ahead of the twitter-ati better. I saw a lot of the dump comes from no Visa logo on that cards and app (even though it was never intended to be so). This is a long-term hold for you?
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greyworld (OP)
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August 31, 2017, 11:36:45 PM |
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I saw a lot of the dump comes from no Visa logo on that cards and app (even though it was never intended to be so). This is a long-term hold for you?
Well it is now, but I was quick-flipping it like a madman on the run up last few days. Made a bunch off that actually. I think a lot of the negative reaction that happened today was because of the app. It wasn't what they promised, more of a placeholder of an app than the real thing. Also, all the Visa logos on their site and marketing materials up and disappeared overnight, and they took their whitepage down and I guess now it's "in the app", which everyone was a bit suspicious about. On a brighter note, Kris said in a tweet that Monaco will not be selling a single MCO token from their personal supply, so that's encouraging. That was a much larger concern for me than the Visa logo or the app.
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BigBoy89
Legendary
Offline
Activity: 1512
Merit: 1011
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August 31, 2017, 11:40:09 PM |
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MCO way down and still falling. Everyone who listened: Congratulations, buy back in in the dips and watch it climb. Everyone who didn't, my sincerest condolences, I did not want to be right about this.
If you buy back with the price of Monaco at now, you need take small profit because the bullish trend of Monaco has ended in yesterday when the price of Monaco reach to @600k satoshi, you should analysic careful before decided buy again. I'm on HOLD mode for MCO. Yes, the price is falling but it's still a lot over the ICO. You could't expect short term bumps like the one in past 4 days to hold on. This is a long term game.
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