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hero member
Activity: 1358
Merit: 834
November 06, 2017, 08:22:03 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement.  
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.

Still think this has any legs ?  Saw a recent pump.  Seems like hitting 2X would be pretty doable if not more over time.  
Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me.

Doesn't matter anyway bcos the MCO still be converted into fiat before being used as a legal tender.
The way u r posting is like saying MCO token is useless.
Perhaps you should go thru their twitter again on the uses of the MCO tokens other than to reserve the cards.
Once the company started to lock in the tokens, then, the price will surge slowly which will happen soon.
Ur hatred towards the company decision on abandoning their initial plan ain't gonna influence anybody's decision, homie.
It doesn't matter if the tokens get locked up. Once the period is over there's no reason to hold them.
And even if there was, and the token price surged, it would become impossible for most people to pick up cards.

The only way to work around that is to change the amount of tokens required to reserve cards, which would have a direct influence on the token price and thus be market manipulation which is illegal.

And yes, I'm aware that greedy clowns like you won't care about whatever it is that MonaCo does as long as you can make some profits in the short term. That's precisely what I've pointed out in my posts before. Nonetheless, any serious investor has jumped ship, as you can clearly see in the token price.
But keep shilling for dishonest and lazy tactics for some spare change. Seems like you need it, so good luck with that.

P.S. There is no "other use of MCO tokens" right now. So you're either a clueless shill or a blatant liar. Pretty much what I've predicted already in either variant.
sr. member
Activity: 2226
Merit: 344
November 06, 2017, 08:08:17 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.

Still think this has any legs ?  Saw a recent pump.  Seems like hitting 2X would be pretty doable if not more over time. 
Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me.

Doesn't matter anyway bcos the MCO still be converted into fiat before being used as a legal tender.
The way u r posting is like saying MCO token is useless.
Perhaps you should go thru their twitter again on the uses of the MCO tokens other than to reserve the cards.
Once the company started to lock in the tokens, then, the price will surge slowly which will happen soon.
Ur hatred towards the company decision on abandoning their initial plan ain't gonna influence anybody's decision, homie.

yes maybe right like that, we can order MCO card with token MCO
I still do not know the usefulness of MCO card there
do I make a payment or save money?
full member
Activity: 252
Merit: 100
November 06, 2017, 07:41:14 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.

Still think this has any legs ?  Saw a recent pump.  Seems like hitting 2X would be pretty doable if not more over time. 
Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me.

Doesn't matter anyway bcos the MCO still be converted into fiat before being used as a legal tender.
The way u r posting is like saying MCO token is useless.
Perhaps you should go thru their twitter again on the uses of the MCO tokens other than to reserve the cards.
Once the company started to lock in the tokens, then, the price will surge slowly which will happen soon.
Ur hatred towards the company decision on abandoning their initial plan ain't gonna influence anybody's decision, homie.
hero member
Activity: 1358
Merit: 834
November 06, 2017, 06:11:33 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.

Still think this has any legs ?  Saw a recent pump.  Seems like hitting 2X would be pretty doable if not more over time. 
Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me.
full member
Activity: 238
Merit: 100
November 06, 2017, 06:08:59 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.

Still think this has any legs ?  Saw a recent pump.  Seems like hitting 2X would be pretty doable if not more over time. 
hero member
Activity: 1358
Merit: 834
November 06, 2017, 06:00:12 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.
full member
Activity: 238
Merit: 100
November 06, 2017, 05:59:09 PM
Have had a very small amount of these I bought a while ago.  I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now.  Isnt that a pretty big deal to have a card you can use anywhere?  I would think price would really surge after such an announcement. 
sr. member
Activity: 687
Merit: 301
November 06, 2017, 03:28:21 PM
it looks like this year the price will be hard to reach $ 10, looks when it will be achieved then there is a big dump like that happened the last few days.

The reason for price dropping, in my opinion,, is that everybody who bought at those ATH prices is waiting on the corner for a little pump, to reduce their loss by selling a little high! Is hard to gain trust for MCO, after the storm they brought upon its users!

Yeah I think the same, with the recent pump I was waiting a bit to long to sell mine. Personally I am not expecting any huge price spike above the ath.
full member
Activity: 770
Merit: 112
November 06, 2017, 03:25:23 PM
it looks like this year the price will be hard to reach $ 10, looks when it will be achieved then there is a big dump like that happened the last few days.

The reason for price dropping, in my opinion,, is that everybody who bought at those ATH prices is waiting on the corner for a little pump, to reduce their loss by selling a little high! Is hard to gain trust for MCO, after the storm they brought upon their users!
hero member
Activity: 1358
Merit: 834
November 06, 2017, 12:58:43 PM
How can affect the price News in November, when they will be? Personally, I do not really think and hope the price increase in the near future. It may increase the price but do not think that this will be a strong growth at this time.


The price will increase but not at this time as you said. They just now announced visa approval so it will need more time to see the affect. Maybe if people already receive their card, we can see the affect that this coin price can growing rapidly
How can the price increase when they removed the asset contract? Every serious investor who invested any substantial amount of money joined because of dividends and they just removed it. Until this is addressed in a proper way there is no reason to buy back.
newbie
Activity: 5
Merit: 2
November 06, 2017, 12:52:26 PM
it looks like this year the price will be hard to reach $ 10, looks when it will be achieved then there is a big dump like that happened the last few days.
full member
Activity: 201
Merit: 100
November 06, 2017, 09:39:57 AM
If Kris decided to bring back Smart contract, or propose wit better idea, the price could easily shoot to USD500M market cap at least.
I think so too, it depends what Kris delivers, I'm still hoping for good news. For now the bottom is reached (maybe nearly reached) now and it will go up after Segwit2x.

But if Kris not decided to bring back smart contract, mco price maybe still can increase after segwit2x but not maximal. I hope Kris soon can find the best way to solved about this problem
lets hope Monaco team do their best for AC replacement, I hear there will be news in this Wednesday so stay tune everyone  Smiley
-iam a believe  Wink
newbie
Activity: 28
Merit: 0
November 06, 2017, 09:31:53 AM
How can affect the price News in November, when they will be? Personally, I do not really think and hope the price increase in the near future. It may increase the price but do not think that this will be a strong growth at this time.


The price will increase but not at this time as you said. They just now announced visa approval so it will need more time to see the affect. Maybe if people already receive their card, we can see the affect that this coin price can growing rapidly

I reckon so.
full member
Activity: 350
Merit: 100
November 06, 2017, 09:26:41 AM
How can affect the price News in November, when they will be? Personally, I do not really think and hope the price increase in the near future. It may increase the price but do not think that this will be a strong growth at this time.


The price will increase but not at this time as you said. They just now announced visa approval so it will need more time to see the affect. Maybe if people already receive their card, we can see the affect that this coin price can growing rapidly
sr. member
Activity: 415
Merit: 287
November 06, 2017, 09:20:22 AM
How can affect the price News in November, when they will be? Personally, I do not really think and hope the price increase in the near future. It may increase the price but do not think that this will be a strong growth at this time.
sr. member
Activity: 668
Merit: 257
November 06, 2017, 09:02:41 AM
Better get your MCOs now before the next buy wave! Many people will want to get those 50 MCO cards locked!!!

right now card is only 18.000, means

900.000 token only. Compare to 9.900.000 suply, it is only 10%. And with no asset contract, there is no reason to hold your mco token. Wink

18,000 only when they still not announce yet about visa. Now they have announced about visa approval so sooner or later the number will increase, because people will not worry to order monaco card

Is the VISA deal now confirmed or not? And why doesn't VISA itself step forward and let the public know about finalization of the deal or ongoing negotiations?

Maybe they just do not even know who is Chris ?))) Mastercard develops its own crypto currency. Perhaps the Visa will develop its own crypto currency. Why should they support a competitor?  The chance to get Visa support was very small and many people said that, but they were not heard.

This goes exactly into the direction of what I was saying. And again, why is there not a single word from some VISA representative who talks about potential partnerships or anything. As far as I can tell there is literally zero proof so far for those negotiations. Is that correct?
full member
Activity: 350
Merit: 100
November 06, 2017, 08:23:00 AM
If Kris decided to bring back Smart contract, or propose wit better idea, the price could easily shoot to USD500M market cap at least.
I think so too, it depends what Kris delivers, I'm still hoping for good news. For now the bottom is reached (maybe nearly reached) now and it will go up after Segwit2x.

But if Kris not decided to bring back smart contract, mco price maybe still can increase after segwit2x but not maximal. I hope Kris soon can find the best way to solved about this problem
member
Activity: 85
Merit: 10
November 06, 2017, 08:11:30 AM
When does Kris plan to broadcast Q&A part 2?
full member
Activity: 658
Merit: 129
November 06, 2017, 06:04:07 AM
If Kris decided to bring back Smart contract, or propose wit better idea, the price could easily shoot to USD500M market cap at least.
I think so too, it depends what Kris delivers, I'm still hoping for good news. For now the bottom is reached (maybe nearly reached) now and it will go up after Segwit2x.
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
November 06, 2017, 01:22:09 AM

I'm 100% with you on this one and I've been just as upset when I heard the announcement. But I'm still willing to wait and see if they are going to address this anytime soon. Kris already stated that they are looking for a replacement of the asset contract that doesn't conflict with laws. Doesn't make it any better than they even tried to get rid off it without offering even an "ongoing attempt" at a replacement in the first place though....

The solution is very simple, and Kris knows it, instead of putting the 1% in the asset contract, just buy MCO tokens with them and burn them, that reduces supply and puts exactly the save added value to each token. It's a simple solution that doesn't make it a security at all, and is employed by many ICOs. The decision to scrap the asset contract was simply to increase the profits of Monaco company itself without considering MCO holders. It is not a coincidence that they announced the scrapping of the asset contract exactly at the same time as the VISA deal, hoping it will just fly under the radar.


But that's the danger of investing in an ICO, they are not legally obliged to offer any value to MCO holders. the token can go to 1 cent and the Monaco can still be successful and bring a lot of money to the devs, but nothing to the token holders, that applies to any ICO.
The amount of tokens is not high and they need them for global expansion,imagine hundred thousands custumers will lock each 50 mco up in certain time period,circulating amount will deeply fall down and the mco price will launch so high that becomes unattractive for next folks standing in line waiting to order their cards.This is one of the marketing problems.The mco price has to be not too expensive,not too many people now are ready to freeze thousand $$$ for 6 months even for the best world cryptocard. Otherwise they need to correct mco lockup amount with the current exchange price to make it stable.But Mco team must find the way to reward mco token holders.if asset contract is not possible may be some bonuses,privelleges Im sure they'll find the way to make us happy  Wink

We don't need any special bonuses. If Monaco will succeed MCO value will reflect that success. Period. Kris choice to burn contract asset thing was the best thing it could do to assure Monaco legality all over the world.
No it wasn't. It was either a lazy or a shady move, one of the both. There's always a workaround as can be seen with other crypto card projects that distribute fees to investors like promised. The fact that they have started backpedaling on this already shows that there are options even for them. They just didn't want to work for it because it meant billions of extra profits for the company.

I do agree with you, this developers are just looking for easy route, people may criticise Taas team but they have shown they can do with this security token concern and are paying dividends at the right time.
If they like let them remove more from their contract to sooth their own personal greed, it is not a lie that what they sold in their ICO was a security
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