[ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions - page 113.

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: Chiraag001 on October 28, 2017, 07:08:24 PM

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.

Chiraag001

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.

Phroneo

newbie

Activity: 34

Merit: 0

The esports betting app should release very soon and it will actually use mgo. I'm not aware of other projects with something like that.

Will have to wait longer for wagering but for that will be positive.

Kencha77

sr. member

Activity: 574

Merit: 251

Quote from: MaGNeT on October 28, 2017, 03:55:36 PM

Quote from: DXB2017 on October 28, 2017, 03:39:56 PM

Quote from: MaGNeT on October 28, 2017, 10:50:58 AM

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.

Yeah good point! They have big money but advertise they promise in white paper they do nothing!

There's no reason to spend funds on advertising / promotions right now. Would be a waste of resources, nothing to show for yet.
What do you expect? An advertisement with a link to... eh... nothing?

Give it another 2 or 3 months, I've seen some good stuff is coming.

it's actually better to start advertising after there's a product already. Finding Partnerships is also the right thing to do if the product is not yet finished

AlloM

full member

Activity: 798

Merit: 102

I think it's better to load my wallet with few more tokens price is at the bottom so after few months it will be back to over 100k. I still have good hope from this project.

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: DXB2017 on October 28, 2017, 03:39:56 PM

Quote from: MaGNeT on October 28, 2017, 10:50:58 AM

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.

Yeah good point! They have big money but advertise they promise in white paper they do nothing!

There's no reason to spend funds on advertising / promotions right now. Would be a waste of resources, nothing to show for yet.
What do you expect? An advertisement with a link to... eh... nothing?

Give it another 2 or 3 months, I've seen some good stuff is coming.

DXB2017

sr. member

Activity: 434

Merit: 250

Quote from: MaGNeT on October 28, 2017, 10:50:58 AM

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.

Yeah good point! They have big money but advertise they promise in white paper they do nothing!

Diamond_Darrell

full member

Activity: 1106

Merit: 103

♦♣♥♠

Quote from: KryptoKai on October 27, 2017, 06:42:35 PM

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 ??

jianxinss

sr. member

Activity: 304

Merit: 250

This will increase the game player's ability to purchase and sell games and in-game items

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

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.

casty3000

full member

Activity: 532

Merit: 100

Now that the usual situation is below the prices of ico. The important thing is ; How will the team react to this situation and intervene? Hope is worth what investors expect

penoze

legendary

Activity: 1235

Merit: 1003

https://minepi.com/cryptomeneer

Quote from: dodgrad on October 28, 2017, 10:18:46 AM

Quote from: DXB2017 on October 27, 2017, 11:17:07 PM

Quote from: Chiraag001 on October 27, 2017, 06:47:24 PM

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

Yeah true! With mgo we all lost! This token will never hit ico price to get money back! Now its just a wuestion how much you wanna lost! 90% or more or les!

what is the current price of ico after now btc rate? Is the project still being developed? Expectations were very much where was the mistake made? Undecided

MGO is traded far below ICO BTC price, it is now traded around 6500sat and the ICO BTC price was ~0.0003btc. There is still development of MGO with a release of an mobile app coming closer. Expectations are still very high but good development takes time,

There was recent a partnership announced with UNITY.
Think you can find more details if you're checking the last few pages.

dodgrad

hero member

Activity: 1067

Merit: 501

Quote from: DXB2017 on October 27, 2017, 11:17:07 PM

Quote from: Chiraag001 on October 27, 2017, 06:47:24 PM

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

Yeah true! With mgo we all lost! This token will never hit ico price to get money back! Now its just a wuestion how much you wanna lost! 90% or more or les!

what is the current price of ico after now btc rate? Is the project still being developed? Expectations were very much where was the mistake made? Undecided

jtalk

legendary

Activity: 1610

Merit: 1004

I will carry on from where the discussion stopped in last post by saying not only this project but also those came out in market this summer should let them freely work till next year same time. If other projects have delivered and this is only which didn't then I can understand your comments. There is not a single which delivered so keep going on with these for other few months. It has potential,developers and resources need time now.

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: anahata on October 27, 2017, 11:29:17 PM

Quote from: DXB2017 on October 27, 2017, 11:17:07 PM

Quote from: Chiraag001 on October 27, 2017, 06:47:24 PM

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

Yeah true! With mgo we all lost! This token will never hit ico price to get money back! Now its just a wuestion how much you wanna lost! 90% or more or les!

I used up all my GAME to but into MGO. Should have kept those, no idea if MGO will go up any time sooner. Better to hodl now, no point in selling this low.

You can say that again. If i sold now, i won't be able to sleep or bear myself and by holding i can't sleep or bear myself LOL. The platform is great, just forget about this coin and come back in a yr, if it's giving you to headache to stay up to date.

anahata

sr. member

Activity: 523

Merit: 300

Quote from: DXB2017 on October 27, 2017, 11:17:07 PM

Quote from: Chiraag001 on October 27, 2017, 06:47:24 PM

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

Yeah true! With mgo we all lost! This token will never hit ico price to get money back! Now its just a wuestion how much you wanna lost! 90% or more or les!

I used up all my GAME to but into MGO. Should have kept those, no idea if MGO will go up any time sooner. Better to hodl now, no point in selling this low.

DXB2017

sr. member

Activity: 434

Merit: 250

Quote from: Chiraag001 on October 27, 2017, 06:47:24 PM

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

Yeah true! With mgo we all lost! This token will never hit ico price to get money back! Now its just a wuestion how much you wanna lost! 90% or more or les!

Chiraag001

full member

Activity: 264

Merit: 100

One person I know bought MobileGo pump when it first came onto exchange. She put in 1 BTC that bought 1059.71 mobile go. now worth 406USD = 0.07 btc

She told me you dont lose if you do not sell

Cheesy

KryptoKai

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

12inchMom

full member

Activity: 322

Merit: 100

I am Joe Blow, the lover man! You should pay me.

Quote from: oaks05 on October 26, 2017, 09:47:24 PM

Quote from: Chiraag001 on October 26, 2017, 09:23:46 PM

Quote from: Jack Kuveke on October 26, 2017, 08:41:23 PM

Quote from: 12inchMom on October 26, 2017, 08:29:14 PM

By the way, why can't we just swap this coin to ERC-20. make life easier on everyone. If we had gotten into Bittrex as intended, life would probably be great in MGO sphere right about now.

As we've explained in the past, Bittrex upgraded to ERC223. So moving to ERC20 (which would mean redistributing all tokens to all holders, which I assure you would not make anyone's life easier) makes no sense. What has delayed us are the recent SEC regulations and the increased difficulty to list on US exchanges. We're working with our legal team, speaking with bittrex as frequently as possible, to figure out what we can do to expedite exchange listing. Although we have no public ETA.

Is the buy-back angle the problem here?

most likely but its important to alot of people who own this coin long term that the buyback stays. But ya id like to hear if this is the main concern from trex side

hey jack could you plz tell us if this is the current issue with bittrex?

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