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Topic: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 112. (Read 406984 times)

sr. member
Activity: 574
Merit: 251
If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but
here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss.
Almost all coins from ICOs when starts to be traded gives immediate profit to the investors if they sell their coins.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
We are all doing that if we only know the future, the thing is we have trust this project and it was great at the start since it pump hard but
here we are now, we have to face the reality and it's still not the end of our investment because we are not going to sell for a loss.
sr. member
Activity: 392
Merit: 253
Open and Transparent Science Powered By Blockchain
If you buy at ICO and hold till now, it is really a bloodbath. However, if you buy at ICO and flip it right away, you get 4X return.
hero member
Activity: 3052
Merit: 606
Actually, when you look at this from a neutral point of view, $0,37 isn't bad for a token that's still under development and only 6 months after the ICO.

What happened is: the ICO was a big success and surpassed the expectations of the fund it raised.

For short term, this is bad... if you invested in the ICO, you lost (not to mention BTC went up 5x)...

But in the long term, the team has over 100$ million Dollar to spend on development and promotion.
Many teams in the crypto scene can only dream of such an amount of funds.

So for me, it's a no-brainer: I kept my ICO MGO's and bought many more at these low prices and sitting on a ton of them.
You really explain it well, I am convince that it's good to buy now because your analysis is right, they have enough funds to promote the project while the value of MGO now is still below the ICO price. This is a great opportunity for us, actually I do hold it as I have some in the past but reading your comment makes me want to buy more.
full member
Activity: 264
Merit: 100
Actually, when you look at this from a neutral point of view, $0,37 isn't bad for a token that's still under development and only 6 months after the ICO.

What happened is: the ICO was a big success and surpassed the expectations of the fund it raised.

For short term, this is bad... if you invested in the ICO, you lost (not to mention BTC went up 5x)...

But in the long term, the team has over 100$ million Dollar to spend on development and promotion.
Many teams in the crypto scene can only dream of such an amount of funds.

So for me, it's a no-brainer: I kept my ICO MGO's and bought many more at these low prices and sitting on a ton of them.

I know this won't happen and am technically reaching for hopium that's way out of  reach, but if i made $100 million from an ICO, i won't hesitate to reinvest 5 -10 million to help keep my project buoyant. Without the ICO investors, there won't be MGO. I personally don't mind waiting but i can understand how someone could be pissed off by the situation. The MGO team is already well compensated. They don't wake up with anxiety wondering if the price has finally crashed to nil. So to tell an investor to chuck it and deal is understandable but as someone viewing it from all angles, i can also understand the qualms been presented.


Agreed - if you look at all the comments I have made in this thread I asked why they could not do a few buybacks. I like how the guy says we sold Eth at the top and still have their waves Cheesy. Just wait next year when waves gets its pump. They sitting on hundreds of millions. 10 mill funds now could buy back 25m+ tokens lol
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
Actually, when you look at this from a neutral point of view, $0,37 isn't bad for a token that's still under development and only 6 months after the ICO.

What happened is: the ICO was a big success and surpassed the expectations of the fund it raised.

For short term, this is bad... if you invested in the ICO, you lost (not to mention BTC went up 5x)...

But in the long term, the team has over 100$ million Dollar to spend on development and promotion.
Many teams in the crypto scene can only dream of such an amount of funds.

So for me, it's a no-brainer: I kept my ICO MGO's and bought many more at these low prices and sitting on a ton of them.

I know this won't happen and am technically reaching for hopium that's way out of  reach, but if i made $100 million from an ICO, i won't hesitate to reinvest 5 -10 million to help keep my project buoyant. Without the ICO investors, there won't be MGO. I personally don't mind waiting but i can understand how someone could be pissed off by the situation. The MGO team is already well compensated. They don't wake up with anxiety wondering if the price has finally crashed to nil. So to tell an investor to chuck it and deal is understandable but as someone viewing it from all angles, i can also understand the qualms been presented.
full member
Activity: 264
Merit: 100
Bittrex is erc23 compatible and have been for a while, its not a issue with that anymore, the whole sec ruling has delayed any listing of mgo on the exchange

They have added other coins like DNT.
I actually think the buyback's is a problem here and that is why Bittrex might not be able to list MobileGO.
Although not confirmed

Darcrus was delisted off Bittrex and they do buybacks
10% of net profits of any work of Sigwo Technologies will be used to buy back and burn Darcrus from the market.
hero member
Activity: 770
Merit: 501
Bittrex is erc23 compatible and have been for a while, its not a issue with that anymore, the whole sec ruling has delayed any listing of mgo on the exchange
full member
Activity: 394
Merit: 100
Forget bittrex, it's not going to happen. Can MGO get to Binance? It is a good exchange and the trade volume is continuously growing
You're straight from the language took off the question))) Why all rested in Bitrex. That there are no other stock exchanges with normal volumes ??

Everyday someone is asking about trex. It is not the only good exchange, better to focus on another one than just rely on waves dex and liqui. Binance is good and growing, why not try to add MGO there?
It is not the only good exchange but if want to become the top coin, it will must be traded here. Your opinion try to add MGO at Binance is necessary when bittrex is not compatible with ERC23.
legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
Forget bittrex, it's not going to happen. Can MGO get to Binance? It is a good exchange and the trade volume is continuously growing
You're straight from the language took off the question))) Why all rested in Bitrex. That there are no other stock exchanges with normal volumes ??

Everyday someone is asking about trex. It is not the only good exchange, better to focus on another one than just rely on waves dex and liqui. Binance is good and growing, why not try to add MGO there?

There are enough exchanges, but don't know if they are all erc23 compatible.

Here in this link you can see a nice overview of exchanges with the last 24 hours trading volume:

https://coinmarketcap.com/exchanges/volume/24-hour/all/

full member
Activity: 630
Merit: 100
Forget bittrex, it's not going to happen. Can MGO get to Binance? It is a good exchange and the trade volume is continuously growing
You're straight from the language took off the question))) Why all rested in Bitrex. That there are no other stock exchanges with normal volumes ??

Everyday someone is asking about trex. It is not the only good exchange, better to focus on another one than just rely on waves dex and liqui. Binance is good and growing, why not try to add MGO there?
sr. member
Activity: 434
Merit: 250
Worldcoinindex is something similar like coinmarketcap.
There are almost every coin or token listed and you can see different kind of information like what the market cap is, websiteinfo, where to trade etc.
It's really usefull


Btw guys all new investors come first to coinmsrketcsp and worldcoinindex! Both site are best! They have few milion unique visits a day! So this 2 places are real good!
Next for advertise is
Coindesk
Cointelegraph
Newbtc
Etherscan


legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
Worldcoinindex is something similar like coinmarketcap.
There are almost every coin or token listed and you can see different kind of information like what the market cap is, websiteinfo, where to trade etc.
It's really usefull
member
Activity: 147
Merit: 10
Come on mgo team please start some advertise on coinmatketcap and worldcoinindex!
What is a worldcoinindex?
full member
Activity: 394
Merit: 100
Come on mgo team please start some advertise on coinmatketcap and worldcoinindex!

Maybe it's not good time for that or not heir choice. They're doing some good marketing on related events.
Mobilego is going on the path of gamecredits. The slow and steady growth plan is terrific, it's time to scale but fewer people believe it is a good time to buy some MGOs.
legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
Come on mgo team please start some advertise on coinmatketcap and worldcoinindex!

Is that the place for attracting egamers?
Thats more advertising for traders/investors.

Advertising is needed when there are useable products.
hero member
Activity: 966
Merit: 500
Come on mgo team please start some advertise on coinmatketcap and worldcoinindex!

Maybe it's not good time for that or not heir choice. They're doing some good marketing on related events.
sr. member
Activity: 434
Merit: 250
Come on mgo team please start some advertise on coinmatketcap and worldcoinindex!
full member
Activity: 264
Merit: 100
Yes. The problem is in this ICO bubble start ups were given a lot of money with essentially no product - development time is needed. To further compound this problem is both Bitcoin and Ethereum have had a major boom. So the opportunity cost of holding tokens such as Mobilego, Bancor, Stox, Monetha, Sonm has been large. Its caused people to sell off tokens at a loss to try and recoup money back.

With the market being very bearish right now I can quite easily still see more downside for mobilego - but it is probably not worth selling now.




The last part of your post is decisive. It is probably not worth selling. Selling now is nothing but a big gamble to me. Mobilego has a concept in place and I am positive they will deliver on that. Better just forget about your tokens for some time and wait for serious development progress. Buying and selling back and forth between BTC/ETH and tokens like Mobilego can also lead to serious losses.
Now of course the whole market jumps up and down, in such moments in the market it is best to sit quietly already purchased coins and do not twitch. I agree with you, it is easy to lose and just did not get the profits.

I agree - hold position. And maybe for new investors it could be a great time to buy in here. Especially now with partnerships on board and several months into development.
I do feel for the ICO investors though as it is a tough pill to swallow. They need to look in terms of Dollar value and not Bitcoin value. I dont think anyone could have predicted such a bullish run for BTC that is probably going to continue.
I dont think I will ever put money into a high profile ICO as it is a surefire way to lose money now. Small ones with a cap + good concept may be ok.
I mean all the teams above seem to be working but its hard to give yourself a 100m+ valuation of the bat where its still going to take a good while of development to get said project out.
I hope lessons are being learnt from future project teams.
sr. member
Activity: 672
Merit: 250
Yes. The problem is in this ICO bubble start ups were given a lot of money with essentially no product - development time is needed. To further compound this problem is both Bitcoin and Ethereum have had a major boom. So the opportunity cost of holding tokens such as Mobilego, Bancor, Stox, Monetha, Sonm has been large. Its caused people to sell off tokens at a loss to try and recoup money back.

With the market being very bearish right now I can quite easily still see more downside for mobilego - but it is probably not worth selling now.




The last part of your post is decisive. It is probably not worth selling. Selling now is nothing but a big gamble to me. Mobilego has a concept in place and I am positive they will deliver on that. Better just forget about your tokens for some time and wait for serious development progress. Buying and selling back and forth between BTC/ETH and tokens like Mobilego can also lead to serious losses.
Now of course the whole market jumps up and down, in such moments in the market it is best to sit quietly already purchased coins and do not twitch. I agree with you, it is easy to lose and just did not get the profits.
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