[ANN][MONA] Monacoin LAUNCHING 2014/01/01 0:00 GMT - page 30.

Calangaman

sr. member

Activity: 602

Merit: 250

Quote from: bribed on November 28, 2017, 09:03:13 AM

Crypto is legal in most countries, but being legal is one thing, acceptance as a means of payment is another thing. If merchants or service providers are forced by law to include crypto as a payment method there is a big difference to crypto just being legal. As far as I know this is only the case with Bitcoin in japan. But maybe you can provide me with some link that proves me wrong.

Crypto is legal tender in Japan. Means it is considered like Japanese yen.

http://www.businessinsider.fr/us/bitcoin-price-spikes-as-japan-recognizes-it-as-a-legal-payment-method-2017-4/

MONA coin is used by an increasing number merchants in Japan

https://coingate.com/accept/mona/monacoin

bribed

full member

Activity: 238

Merit: 100

Quote from: Calangaman on November 28, 2017, 08:09:54 AM

Quote from: bribed on November 28, 2017, 07:46:16 AM

Indeed, fiat exchangability can is a huge factor, that one should not underestimate. As far as I know Bitcoin is a legal means of payment now in Japan, so what do you think, will Mona also be granted that status, as its origininating from Japan? If so, this would be a huge driving factor for it too.

MONA is legal in Japan like all cryptos !!!
Wake up !

Crypto is legal in most countries, but being legal is one thing, acceptance as a means of payment is another thing. If merchants or service providers are forced by law to include crypto as a payment method there is a big difference to crypto just being legal. As far as I know this is only the case with Bitcoin in japan. But maybe you can provide me with some link that proves me wrong.

Calangaman

sr. member

Activity: 602

Merit: 250

Quote from: bribed on November 28, 2017, 07:46:16 AM

Indeed, fiat exchangability can is a huge factor, that one should not underestimate. As far as I know Bitcoin is a legal means of payment now in Japan, so what do you think, will Mona also be granted that status, as its origininating from Japan? If so, this would be a huge driving factor for it too.

MONA is legal in Japan like all cryptos !!!
Wake up !

bribed

full member

Activity: 238

Merit: 100

Quote from: Calangaman on November 28, 2017, 07:36:03 AM

One shouldn't underestimate the exchangeability against Fiat in Japan.

Like everywhere, there are lots of investors in Japan that think they missed the Bitcoin train.

MONA has all attributes to be regarded as a strong candidate for new entrants.

Also, I suspect the other large Asian exchanges will add MONA sooner or later.

Indeed, fiat exchangability can is a huge factor, that one should not underestimate. As far as I know Bitcoin is a legal means of payment now in Japan, so what do you think, will Mona also be granted that status, as its origininating from Japan? If so, this would be a huge driving factor for it too.

kamote291993

member

Activity: 140

Merit: 16

Talking to people in Japan, MONA still remains pretty unknown. The potential is HUGE

Calangaman

sr. member

Activity: 602

Merit: 250

One shouldn't underestimate the exchangeability against Fiat in Japan.

Like everywhere, there are lots of investors in Japan that think they missed the Bitcoin train.

MONA has all attributes to be regarded as a strong candidate for new entrants.

Also, I suspect the other large Asian exchanges will add MONA sooner or later.

bribed

full member

Activity: 238

Merit: 100

Wow, MONA did some real good gains in the last days, not only because of Bitcoin growth, no it shot up real good in sats. Congrats to everyone that was in soon enough. Glad that I found out about this coin!

adriaymati58

hero member

Activity: 812

Merit: 501

Quote from: Gatorelf on November 28, 2017, 06:44:39 AM

Quote from: sinner on November 28, 2017, 05:06:23 AM

why is this coin pumping so hard?

the pump was from .45 to .75 ( pre Tokyo marketing campaign) , accumulation was from 1.00 to 2.50 (during Tokyo retailers campaign), normal investing ( mostly Japanese) $2.50 to $3.50, hard investing ( rest of world) has been from $4.00 to $7.70

this is a long term investment in a store of value backed by a country, next target $12

It still seems a little bit like a forced pump so I hope what you say will happen, but there is a chance it will start a correction now and it might take a while till it reaches $12

Noe132

newbie

Activity: 2

Merit: 0

Quote from: Gatorelf on November 28, 2017, 06:44:39 AM

Quote from: sinner on November 28, 2017, 05:06:23 AM

why is this coin pumping so hard?

the pump was from .45 to .75 ( pre Tokyo marketing campaign) , accumulation was from 1.00 to 2.50 (during Tokyo retailers campaign), normal investing ( mostly Japanese) $2.50 to $3.50, hard investing ( rest of world) has been from $4.00 to $7.70

this is a long term investment in a store of value backed by a country, next target $12

do you think it is likely to make some correction below 70k satoshis or is it quite difficult for that to happen?

easyrimka

sr. member

Activity: 518

Merit: 261

Quote from: Gatorelf on November 28, 2017, 06:44:39 AM

Quote from: sinner on November 28, 2017, 05:06:23 AM

why is this coin pumping so hard?

the pump was from .45 to .75 ( pre Tokyo marketing campaign) , accumulation was from 1.00 to 2.50 (during Tokyo retailers campaign), normal investing ( mostly Japanese) $2.50 to $3.50, hard investing ( rest of world) has been from $4.00 to $7.70

this is a long term investment in a store of value backed by a country, next target $12

what do you expect in price next year ?

Gatorelf

sr. member

Activity: 845

Merit: 267

Quote from: hunnykaushal on November 28, 2017, 06:39:45 AM

Mona Coin is doing work. Congratulations to be in top 30 crypto.

hit the top ten in mid Oct on that first run to $6, but yeh nice to see it back

Gatorelf

sr. member

Activity: 845

Merit: 267

Quote from: sinner on November 28, 2017, 05:06:23 AM

why is this coin pumping so hard?

the pump was from .45 to .75 ( pre Tokyo marketing campaign) , accumulation was from 1.00 to 2.50 (during Tokyo retailers campaign), normal investing ( mostly Japanese) $2.50 to $3.50, hard investing ( rest of world) has been from $4.00 to $7.70

this is a long term investment in a store of value backed by a country, next target $12

hunnykaushal

full member

Activity: 448

Merit: 137

Mona Coin is doing work. Congratulations to be in top 30 crypto.

Calangaman

sr. member

Activity: 602

Merit: 250

Quote from: Haywhy1 on November 28, 2017, 05:57:02 AM

I've participate in a lot of ico, but this best I've ever participate.

This is no ICO! You get confused with Monaco Coin!

Haywhy1

member

Activity: 168

Merit: 10

I've participate in a lot of ico, but this best I've ever participate.

Calangaman

sr. member

Activity: 602

Merit: 250

Quote from: sinner on November 28, 2017, 05:06:23 AM

why is this coin pumping so hard?

Japan is the only major country that gave digital currencies legal tender => the Japanese people have no constrain to buy/sell cryptos
MONA is the only decentralized altcoin in Japan => fairly distributed and mined
MONA can be bought versus JPY fiat in Japan => easy for new crypto entrants
MONA is accepted by merchants there => there is a growing ecosystem there
MONA has a strong tech => 1.5 MIN blocks and segwit

Potential is still huge in my view.

dontknowwhy

jr. member

Activity: 59

Merit: 10

Ahhh missed the boat again! Tried to release some funds before it shot up! I think it might go down because there’s some stupid rumours being spread about Monacoin and Tokyo olympics which I’m 99% is not true but may have caused the pump

mayuri27

newbie

Activity: 56

Merit: 0

More information about
finance (multi-currency crypto-wallet, with the ability to connect bank cards and other payment services).

sinner

hero member

Activity: 615

Merit: 500

why is this coin pumping so hard?

BTC4QB

full member

Activity: 252

Merit: 100

Aliens are real!

awesome, kimochiiiiiiiiiiiiiiiii ii!! Cheesy

Topic: [ANN][MONA] Monacoin LAUNCHING 2014/01/01 0:00 GMT - page 30. (Read 283688 times)