Morning everyone! Did MCO go back to 0.0014 approx. (140k) sats and then sell off for profit taking...?
That's excellent! But I'm still waiting for an outrageous Monaco price. Why is LUN hitting 500k sats plus price and not MCO?
I said it yesterday 2 pages ago I say again today. 500k / 0.005 sats minimum for Monaco. That's half a Litecoin at Least.
Just a Litecoin being worth more than a Monaco coin is an insult to MCO branding snob factor.
You compare this basic ERC20 token with mineable litecoin legend. This is so weird.
Yes of course! You see we live in a world and universe where everything and anything can and does happen.
MCO branding, blockchain simplicity, and bank/fiat convertible plastic card you can put in your wallet or purse is likely enough to make the coin usable.
LTC is a legend in crypto space but the sheer fact that MCO is marketed around the richest place on Earth is probably enough to result in a crazy MCO price precedent. It's just the way this crazy world works.
I actually think the developers got the balance right between scarcity and supply.
In terms of mainstream marketing and images to appeal to the new rich and online business entrepreneurs around the world, MCO has a lot more marketing potential than grey Litecoin.
Does Litecoin have it's own version of a spending plastic fiat conversion card? If it doesn't already it is very likely LTC will due to its tech-focused development community.
But I still don't see LTC advertising commercial imagery coming close to the glitz, glam and fashion potential of MCO if it develops a premium price and gathers enough public traction for the Monaco developers to further develop the business model.
MCO doesn't have to be a technological industry leader or coding platform like Ethereum (ETH) or Chinese NEO. It just has to be exchangeable and tradeable against them with practical use and investment by the public using crypto / digital currencies.
At some point the test for most cryptos out there is you have to be able to buy stuff with it in the real world.
If Monaco (MCO) ever reaches the top 50, 25, or 10 crypto currencies it will because its business will be based on scarcity of supply, yet still having practical fiat spending usability, business partnership or acceptance with real world business/lifestyle brands, and being marketed to the public and press as the most Glamorous and Fashionable of all the emerging crypto currencies. Digital currencies.