You keep saying this but I don't see MGO listed in any big exchange yet after all this month. MGO is currently listed in exchanges where most of this free airdrop coins can easily find a home. I know you said something about sec but didn't expand on what aspect of the coin is creating the issue. Also, you guys touted that you will buy back mgo during the ico, well, all we asking is that you take less than 1% of your earning and buy back some of this coins rather than just ignoring what is happening and throwing out a lot of excuse. I do appreciate your constant interaction on the thread and to be fair my fuss is not directed towards you cos I know there is hierarchy in the team but like I mentioned before, the MGO personnel don't constantly wake up with panic and anxiety wondering if the coin has crashed top nil. They already well compensated and even with the growth of BTC price, their compensation has quadrupled. So, it's easier to sit on the high chair and tell investors to deal with it, while they watch their investment squander to nothing. I just invested 2 btc and that's barely worth 1800, I can only imagine how an individual who threw a lot of BTC on this project feels. I know you should never invest more than you can afford to lose but this guys believed in the project, thus the investment and as of the moment, it seem like MGO personnels could care less. Everything that was promised is severely delayed and you guys don't even want to implement the buy back that you promised
We do care. As I've said in the past, getting on a large exchange is not a matter of throwing money at a wall. Not after the SEC ruling. So we could spend millions on lawyers and the process to get listed probably wouldn't be endlessly quicker. These decisions aren't up to us. They are up to an exchange. Buyback is something we stated in the whitepaper, we have never announced not buying back. We are following what we set out to do as closely as possible. But buyback is not something that can be down willy nilly without any strategy and intense discussion. You need to prepare for buybacks from a strategic and legal standpoint. It's not as simple as putting 1 million into the market. It's that simple if we were just investors. But we're the people producing products for mgo and managing it.
I saw this coin droping from over 150ksat...everybody bought back the way down...with many respect but what strategy is needed to buy back or which price? Its obviously a good buy....i thought mgo will be a stable investment but its the other way arround...also promised things in the whitepaper are delayed. I can understand every individual that invested much on this project because of the essence of this..and not simply to flip...u have to understand the investor side...we all believed..but this trust gets lost constantly...just my two cent
