Short term predictions?
0.0020, then losing 0.0001 to 0.0005 per week if "no visa".
Once "Visa": bull run to 0.0005, maybe x2 more (hard to say, markets are
stupid...)
Ultimately, a slow attrition, because people will realize that VISA doesn't change the game that much... and that even with 300,000 credit cards, MCO value based on PER (Price per earning ratio) will remain limite. Especially in this shitty the Chinese context.
Note: Maths are done above in the thread (1% revenue on 10,000 USD spend per year on 300,000 credit cards = $30MM usd. That taken on 10y for the PER is $300MM. BEST CASE SCENARIO. Recalculate with MCO tokens release: the extra $10MM WILL be released as people have to hold for they cards, meaning that the total supply will be north of 20MM tokens )Black scenario: no visa for MCO... but actually other visa or mastercard solutions in the ecosystem: an actual bank or credit card actor, already established, creates an actual credit card tied to a BTC account and an actual bak account. It's a huge step back for the idea of a decentralized unbanked world, but a massive customer adoption cycle start.
I personally see a US bank partnering with Coinbase in a near future: 2019 maybe. (Fidelity investment is already partnering with them, the door is open).
In this scenario, MCO valuation drops to $20MM. (note: if HSBC creates this card: all Asian based cards are uper screwed, that is the ultra dark shit storm scenario)
That's my 50cents. At least I put figures on the table.
Happy to discuss with the bulls on this one.
Please bring data with you. It's an interesting business case we have here.
