I'm disappointed MCO. After App release I think increase price, but not happen! I sold 300 MCO.
App does not exactly do what Monaco Project does.
App accepts invitations not creates accounts to fund cards to spend crypto.
The team mentioned it's a long term project it would take up to 6 months to deliver while people create hype about this project so early that's why all are disappointed after the release of this app. I hope it would take few more time but in the end will deliver.
Will this project happen? I have no doubts. But putting MCO into 6 months hold will not actually be a 6 month hold unless we calculate it here, like I did in my previous post. They release all 31 million in circulation. Sell it off to noobs and idiots, and crash the market by not having a single MCO coin in Bittrex. Price will go up like crazy, and only person who will make money is Monaco CEO and staff. After 6 months let say they release the funds and market crashes again.
Most-likely MCO in Hold will be still in circulation or they read previous post and do a hold. Either way it will have an irregular spike that no one will be able to explain until they read last two posts.
If all 9 million or 31 million is used for 6 month hold. MCO will have a fake spike of 1 MCO to 1 BTC. I'm not shitting on the project but selling 999 black cards for 45 million MCO coins is impossible. Selling the rest of the cards at that value of deposit is also impossible.
Order Free blue card and order any other color and benefits you want after 6 months of the day they allow to deposit MCO for Cards. Which I'm assuming will be a week or a month before they ship the cards. ?
Now comes the product of rewards. How is the team going to issue Cash Back with MCO if all MCO is in Hold for 6 months for cards during card use while those 6 months are still pending? Does not make sense.
