Topic: NULL - page 167. (Read 456104 times)

Dividends?
No.
Super-speculative.

Visa cares about one thing, money. If they can create a scenario in which they can profit while keeping their name clean, they will most likely go that route. And if it came to public attention that MonaCo baited and switched investors with the asset contract, Visa would simply play oblivious to the fact and get off scot-free.


By the way, with 20000 cards and an average of $1000 transaction volume per year, that would make the dividend of a single token $0.7 per year.

And that's only the amount of cards that was ordered since the ICO. At the same rate there should be more than 100k cards at the end of next year, so each token would give a yearly dividend of more than $3.5 per year. Imagine you bought 10k tokens at $2 for $20,000, then you would be getting $35,000 for your investment every year from 2019.

And this number would grow very quickly as the amounts of cards increase. If cards kept getting ordered at the same rate, in 2020 the same investment would return $70,000 in dividends, and in 2025 the dividend would be $245,000. In 2030 this would be more than $500,000 per year. So in total we'd get a return of at least $2,730,000 at the end of 2030 out of a $20,000 investment with at least $500,000 of extra income per year from that point onward.

And in reality the amount of cards should be going up much faster because of active marketing, which so far MonaCo didn't really do.

I agree with you but still it is a bit weird how the whole process is going. You would expect VISA to be very careful before engaging in contracts with a crypto startup like this one. But who knows maybe they don't even care as much as we would think.

You are right but Asia is quite diverse. There are those tech savvy countries like Singapore etc. But then also countries with very strict monetary policies (e.g. China) so I was a little bit surprised they start out in Asia.

I agree with you, i also see on coinmarketcap that bitcoin cash increase fast about 40% and altcoin price now down a bit. I hope it will not be long so that altcoin price can recover

In order to get black card which is limited edition only to ico investors. This card has tons of benefits. You can check on Monaco site.

You mean to say in order to save the fee at purchase I must hold 50000 MCO which are worth of 50 Bitcoin at current market price ? It had better to pay instead of holding this much of money which is equivalent to $325000. Who can hold this much amount of MCO for six months.

You need to hold 50,000 MCO for 6 months.

It's limit of the card. So you can go -200$ on your account without paying Fee. I think that all banks have policy that you have to pay some % every month of the limit you used. (Everything under 0$)

I'm wondering that 50,000 MCO is required to purchase, it means I need to holding at least 50,000 MCO or I need to spend 50,000 MCO to purchase this Visa card?

Also, I noticed that free ATM withdrawal limit of the basic card is $200 per month. What about more than $200? Fee charged? Or I only can withdraw $200 per month with this type of card?

Visit their site at https://www.mona.co/cards for more info. They also have a downloadable app applicable on IOS and Android. I am thinking of getting one but still observing especially there are some negative feed backs on their company. There are also rival cards like Centra and Tenx.

It is going down. Because the traders are placing their money on USDT, so bitcoin will not pull down the value of their money in terms of $ dollar. Then another is the rise of the other bitcoin, bitcoin cash, if you will take a look at the volume of traders investing on bitcoin cash, its huge. Every body wants to ride on the rise of Bitcoin cash.

I'm sure you are capable of reading charts yourself.

bla bla bla
bullshitting again
show the charts where its pumped much more less then average alt rise and dumped more than others, mr. BILLIONAIRE

We can now actually see that MonaCo was one of the alts that had the weakest pump after SegWit2x was called off, and now it's one of the coins with the biggest dump.

Pretty clear that everybody who actually knows how to invest has lost faith in MCO after the initial announcement of how the asset contract will be canned with no proper replacement.

Even backpedaling on the ridiculous claim that it's mathematically pointless didn't seem to help restore faith much.

Leave it to the shills to keep spamming every channel with the usual empty baseless paroles though.

Need Chinese translation

Welcome to Crypto.... Alts usually trade in a more exaggerated manner than BTC to start with.

When BTC is at ATHs, alts start to dip. Remember most alts are traded using BTC. If you invest in Alts then you're actually Shorting BTC because you assume they will perform better.

When BTC is diving Alts tend to dip again because of the fear of how far BTC will drop, hence bringing the Fiat Alt value down with it.

When BTC is stable and moving at a typical clip while NOT at ATH's is often when Alts will make their move.

So yeah, right now as BTC dives we're going to see most alts dive harder until BTC completes its correctional phase. Volatility is great for trading

What the hell is going on?
Week ago all coins were going down because BTC was going up.
But now all coins are going down because BTC is going down?

Did you say competitors ?
Check TenX limits, Im not even talking about the rates , lol

Today's email:

https://pasteboard.co/GSYTOju.png

Then we can move further and discuss BTC to fiat withdrawals, you do notnrealize how many real Bitcoin millionaires there are and how many of them want to spend their money already and MCO will be an amazing option.

What can we do against mentality. I mean behavior of the market, if we substruct all the nonsens staff, is very easy - demand creating supply. Where is high demand are presented we have high speculations and speculations basically lead to growth in most of the cases. Till this concept will be followed, nothing won't change.
However i absolutly agree with your postion, when market and people who is involved will see situation more deeply, the consequences of huge loses will happening.

In this situation it is not clear why the price of the token may start to grow. Maybe due to the general growth of the market of altcoins. Even to 10 dollars grow will be very difficult. But everyone wants a lot more.