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Topic: NULL - page 320. (Read 456106 times)

hero member
Activity: 1078
Merit: 502
August 30, 2017, 06:11:13 PM
I did not expect that Monaco will become quite successful for investors. At first, the forecasts were pessimistic, but time put everything in its place.
member
Activity: 105
Merit: 10
I Love Bitcoin
August 30, 2017, 06:08:29 PM
I think all will be ok
I bought initial tokens on ico and im happy with price.
I did some trading sold and rebought and all went ok ...
Even if they dont release vise tomorow i think app should be out and they will deliver what they promissed Smiley
So just sit back and watch the show in next few days
newbie
Activity: 14
Merit: 0
August 30, 2017, 06:05:44 PM
Who exactly is behind this "Official Monaco community"?
https://t.me/Monacocommunity

Some asshole that is spreading fake news. Everyone should leave that channel. That monaco card that they keep posting is a FAKE picture and spreading such things only hurts MCO.
I actually checked out that channel it it only represents facts and news collected on the web ..
It's actually pretty informative.

https://t.me/Monacocommunity

Yeah some stuff is good but they claim to be the "Official Monaco community" and yet they posted this image at least twice:
https://pbs.twimg.com/media/DIa1SV0UIAE4Vk3.jpg
That image is clearly fake. If they where Monaco officials, they would never post such
I don't think it's an official community ... but they have interesting stuff..
The picture apparently is real.. there is other evidence supporting that they will have a visa logo..
But we just wait and see.. we can continue this conversation tomorrow I guess when everyone find out 100%
From the official twitter page

1) Look at that picture again, the card numbers are not flat, Monaco will be a debit card and not credit card right?
2) That red logo on black background? Do you really believe they would release something that horrendous looking?
3) The card looks worn
4) Look closely at the expiration date, it says it EXPIRED in 2013.
5) If they released a real image of a card, they would NOT blur it out like that. They would instead use a demo card with fake numbers but 100% clear picture like everyone does.
6) The background design does not have the Monaco design.

Perhaps you are talking about that other picture?
https://i.imgur.com/itAoQLt.jpg

This picture I believe is something that they have created to be ready to update the page as soon as visa approves. I think that is 100% real.
newbie
Activity: 13
Merit: 0
August 30, 2017, 05:59:28 PM
just think why in the hell myetherwallet put mco tokens for fast transactions , mco have less circulating coins , you have to be blind. this is a mco forum if you like tenx go there we dont care your opinions  Shocked Shocked
newbie
Activity: 14
Merit: 0
August 30, 2017, 05:53:42 PM
Gotta admit I'm not a trader and only hold a few mco so the price drop is a concern was hoping an still am that this coin would set me on the right path in the cryptocurrency world. All I'm hearing is bad things about mco an not experienced enough to know what's fud an what's fact I guess tomorrow will tell but if it's good news il be holding for the long term if not then il have to hold an hope it regains some in the future to minimise my losses
What did you buy at?

You shouldn't worry too much. Getting approved by visa is nothing strange really, though it is a long process. Several cards have visa approval and there is no reason why Monaco wouldn't get it.
Moving forward to when they DO release their visa card, their product is VERY similar to TenX for example, and there is no reason why they shouldn't stabilize and grow in value. The reason why you see such big fluctuations is because of the marketcap, volume and released amount of coins and the hype. Lots of people are day trading with MCO because of it. but when the card is out it will go up a lot more. Stay cool mate, don't stress.
hero member
Activity: 1085
Merit: 500
August 30, 2017, 05:47:55 PM
Hold 1-3 days and see $30+
newbie
Activity: 48
Merit: 0
August 30, 2017, 05:44:46 PM
Gotta admit I'm not a trader and only hold a few mco so the price drop is a concern was hoping an still am that this coin would set me on the right path in the cryptocurrency world. All I'm hearing is bad things about mco an not experienced enough to know what's fud an what's fact I guess tomorrow will tell but if it's good news il be holding for the long term if not then il have to hold an hope it regains some in the future to minimise my losses
newbie
Activity: 14
Merit: 0
August 30, 2017, 05:39:55 PM
Who exactly is behind this "Official Monaco community"?
https://t.me/Monacocommunity

Some asshole that is spreading fake news. Everyone should leave that channel. That monaco card that they keep posting is a FAKE picture and spreading such things only hurts MCO.
I actually checked out that channel it it only represents facts and news collected on the web ..
It's actually pretty informative.

https://t.me/Monacocommunity

Yeah some stuff is good but they claim to be the "Official Monaco community" and yet they posted this image at least twice:
https://pbs.twimg.com/media/DIa1SV0UIAE4Vk3.jpg
That image is clearly fake. If they where Monaco officials, they would never post such things.
sr. member
Activity: 339
Merit: 250
August 30, 2017, 05:27:55 PM
even with all this confusion there is still resistance around $17
looks good to me.
I can confirm that Kris DID say that Visa is not YET approved, ie it's currently being processed.
but he also said they are investigating the leaked image - so he confirmed the image is real.
it's on the slack channel.
app to be launched today.
I'm not worried, holding onto my MCO no matter what.

jr. member
Activity: 55
Merit: 10
August 30, 2017, 05:25:44 PM
It's funny to me how tenx people are spreading so much fud about mco just because mco is making moves.
sr. member
Activity: 339
Merit: 250
August 30, 2017, 05:15:14 PM
I'd love to see some more giant blue and red text from a 'distorts'
telling us what everyone already knew.
😴😴😴 Roll Eyes
newbie
Activity: 37
Merit: 0
August 30, 2017, 04:52:22 PM
What are your predictions guys? Cheesy I bet $100 after launch!


Btw, you can get this baby just for $200k @ mobile.de!


Maybe we should have sold yesterday though and bought more at $20 ....

My prediction is will rise to $40 before the launch and anywhere to $50 to $60 right after.

Then $125 in the short term 2 to 3 weeks after launch $245 within 6 months.

Monaco is bottoming out right now it's almost completely bottomed.

Now is probably the best time to buy back in. Because when it bottoms everyone who sold will buy back in

pushing it higher then before.








i can't tell if this is a joke or not...
newbie
Activity: 14
Merit: 0
August 30, 2017, 04:42:37 PM
Who exactly is behind this "Official Monaco community"?
https://t.me/Monacocommunity

Some asshole that is spreading fake news. Everyone should leave that channel. That monaco card that they keep posting is a FAKE picture and spreading such things only hurts MCO.
newbie
Activity: 2
Merit: 0
August 30, 2017, 04:33:48 PM


MCO was dumped by the whales, they don't have VISA support, no working card, and TenX PAY just rolled out IOS support along with solving distribution problems with wavecrest. TenX PAY will be rolling out cards to USA Q4. Get on TenX while you can they actually create products instead of tweeting about them.


I just did, thank you kind sir.
https://media.tenor.com/images/82da7f233486b28b23035b89943fe7da/tenor.gif

What I should do if I don't like brand "TenX"?   Shocked Huh


They already have already changed confirmed but da many times
https://t.me/Monacocommunity

newbie
Activity: 14
Merit: 0
August 30, 2017, 04:31:34 PM
If you like a brand you should like it for how useful it serves the customer, not because it looks flashy on a photo shopped advertisement. TenX delivered, Monaco did not, FACTS.

Please take your negativity and false statements somewhere else please. You write like if you were 13 years old, nobody is taking you serious.

What exactly did Monaco NOT deliver? They have said that they will release their app tomorrow, and since tomorrow have not happened yet, you have no argument there.  They also said that they have a deal with visa but the layout is not yet approved and they wont give a card launch date until the papers are done. Everything else is mere speculations.

I personally like both TenX and Monaco and I'll probably get both cards, but I see better investment opportunities in Monaco so I'm holding on to my MCO's.

Please stop the mudslinging
newbie
Activity: 28
Merit: 0
August 30, 2017, 03:39:51 PM
man i participated ico and sold at loss, well this happens :/ good for those who kept their faith mco going strong Smiley


"I have a theory of a possible scenario... FYI, I have a huge chunk of PAY. Recently in a blog, Xapos (hope I spelled correctly) issued a blog statement that cards issued outside of Europe will be denied service due to Visa's new policy. I noticed on TenX webpage that Xapos is grouped with Wire. And Monaco signed an agreement with Wirecard to use its services. Our enthusiastic leader Julian updated us that we will be switching from Wavecrest to a new global issuer and we as TenX supporters will receive a new card. He also mentioned, others didn't have a Plan B instated for any troubles down the road.
Monaco could have problems right now and of course they are not as transparent as TenX. Monaco is being hyped by a few members in the cryptospace. More so than the company itself. Old statements twisted as new fact... this could blow up in people's faces. Julian is correct to say "let's see if they can deliver on their promises". Let's see the execution. Smoke and mirrors are great in the moment, who will win out in the long run?"

Quote source:https://www.reddit.com/r/TenX/comments/6wc8kw/what_if_mco_doesnt_meet_expectations_wirecard/

TenX Founder verifying info https://youtu.be/J8gNu69AXo0?t=41s

member
Activity: 97
Merit: 11
August 30, 2017, 03:26:34 PM
man i participated ico and sold at loss, well this happens :/ good for those who kept their faith mco going strong Smiley
legendary
Activity: 938
Merit: 1000
August 30, 2017, 02:28:19 PM
Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.

But anyway, what role will MCO token play in Monaco ecosystem?

All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract.  MCO tokens are ownership shares of that smart contract's assets.  You can burn your tokens at any time to claim your share of that smart contract.  See Section 1.4 of the whitepaper.

https://mona.co/monaco-whitepaper.pdf


"1.4. MCO Asset Contract
MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card
funded with
ETH/BTC, as well as exchange transactions between
ETH/BTC and fiat currencies. Over time MCO will be
backed by a portfolio of the most popular ERC20
tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).




So basically, you make money by holding your Monaco coins !

I wonder what the possibilities are as far as users (1 million 2 million.)

How many transactions per day would they generate.

I wonder how much 1 Monaco could be worth based on the fees generated through users ?

So will be able to generate income from fees generated tommorow once the app launches.

Why wonder...use math!

Say there's 1 million Monaco card users.  Say they spend $3600 per year or around $10 per day.  That's $3.6 Billion per year.  1% of that goes to the MCO Assets smart contract as usage fees, or around $36 million.   There's roughly 34M Monaco MCO tokens.  So, bottom line....

Every million Monaco card users spending $10 per day will put a little more than a dollar per year in your pocket for every MCO token you hold.
member
Activity: 63
Merit: 10
August 30, 2017, 02:05:19 PM
Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.

But anyway, what role will MCO token play in Monaco ecosystem?

All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract.  MCO tokens are ownership shares of that smart contract's assets.  You can burn your tokens at any time to claim your share of that smart contract.  See Section 1.4 of the whitepaper.

https://mona.co/monaco-whitepaper.pdf


"1.4. MCO Asset Contract
MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card
funded with
ETH/BTC, as well as exchange transactions between
ETH/BTC and fiat currencies. Over time MCO will be
backed by a portfolio of the most popular ERC20
tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).




So basically, you make money by holding your Monaco coins !

I wonder what the possibilities are as far as users (1 million 2 million.)

How many transactions per day would they generate.

I wonder how much 1 Monaco could be worth based on the fees generated through users ?

So will be able to generate income from fees generated tommorow once the app launches.
You can only claim once per token. when you cash it in the mco token gets burned
full member
Activity: 192
Merit: 100
HigH coin Symbol HIGH coingecko or stocks.exchange
August 30, 2017, 01:54:58 PM
Can anybody explain what will be the role of MCO coin when the system is launched? Will it pay dividends or whatever? I haven't found anything in their whitepaper.

But anyway, what role will MCO token play in Monaco ecosystem?

All of the "1% transaction fees" gathered by the Monaco project are stored in a smart contract.  MCO tokens are ownership shares of that smart contract's assets.  You can burn your tokens at any time to claim your share of that smart contract.  See Section 1.4 of the whitepaper.

https://mona.co/monaco-whitepaper.pdf


"1.4. MCO Asset Contract
MCO Asset Contract accrues a 1% licensing fee on
transactions using the Monaco Card
funded with
ETH/BTC, as well as exchange transactions between
ETH/BTC and fiat currencies. Over time MCO will be
backed by a portfolio of the most popular ERC20
tokens. MCO holders will be able to access the
portfolio through a mechanism called “REDEEM &
BURN” (see 1.6).




So basically, you make money by holding your Monaco coins !

I wonder what the possibilities are as far as users (1 million 2 million.)

How many transactions per day would they generate.

I wonder how much 1 Monaco could be worth based on the fees generated through users ?

So will be able to generate income from fees generated tommorow once the app launches.
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