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kvt123

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Quote from: JollyGood on July 06, 2017, 05:13:06 PM

Quote from: kvt123 on July 06, 2017, 05:08:48 PM

Breakout to the upside...could be an exciting day tomorrow...gla

Now at $1.94 and #115 on CoinMarketCap

I still do not see this card having much potential..

So of the $21 million raised how much (if any) of that went in to the pockets of the project team?

Don't invest then JG, nobody is forcing you to like MCO. There are 800+ other coins to choose from..I'm sure there must be one that ticks all your boxes...good luck with whatever you decide.

JollyGood

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Quote from: kvt123 on July 06, 2017, 05:08:48 PM

Breakout to the upside...could be an exciting day tomorrow...gla

Now at $1.94 and #115 on CoinMarketCap

I still do not see this card having much potential..

So of the $21 million raised how much (if any) of that went in to the pockets of the project team?

kvt123

newbie

Activity: 22

Merit: 0

Breakout to the upside...could be an exciting day tomorrow...gla

kvt123

newbie

Activity: 22

Merit: 0

Quote from: EdgarJohn on July 06, 2017, 02:20:27 PM

I like this quote from Warren Buffet.

Quote

If you sell out in a panic when stock markets have plunged by 50%, you’ll lose money — certainly on your recent purchases. But if you hold through the downs of the market — ideally buying more shares when prices are low — you should make money in the long run.

And another one to remember.

Quote

You only lose money when you press the sell button.

I believe in this project and will be holding in the long run. Looking forward to see where Monaco will be in one year. I remember investing in Ether in January and people where spreading fud about it. Good things take time.

Nice to read the thoughts of some calmer and more rational posters after the hysteria of the fudsters. Took a nice chunk of MCO @ 1.83 and keeping some powder dry just in case..

abilger

jr. member

Activity: 58

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how many coins will be out there totally? i couldn't see it

EdgarJohn

sr. member

Activity: 326

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I like this quote from Warren Buffet.

Quote

If you sell out in a panic when stock markets have plunged by 50%, you’ll lose money — certainly on your recent purchases. But if you hold through the downs of the market — ideally buying more shares when prices are low — you should make money in the long run.

And another one to remember.

Quote

You only lose money when you press the sell button.

I believe in this project and will be holding in the long run. Looking forward to see where Monaco will be in one year. I remember investing in Ether in January and people where spreading fud about it. Good things take time.

JollyGood

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Quote from: emuLOAD on July 06, 2017, 01:20:50 PM

This is investing 101.

Aside from it being far too early to call it doom (cutting losses at 50-60% is not exactly doom either, even if that were to have to happen now), investing is a gamble on risks, and you can never truly lose if you use a little bit of smarts.

Sure, you can bomb an investment or three, but only stupidity can bankrupt you.

If, however, you do use some smarts, there is plenty that can be done to reduce risk even lower. Think about the pendulum MCO had the first few hours (more than 24h mind you). With some effort it was almost childishly easy to earn some extra money without ever even touching your initial investment (thus offsetting the initial cost of the investment).

in the end it's the overall that counts. each step can either be a winner or a loser, but it's the overall game that counts.

just be smart and don't run on emotion, run on convenience and risk mitigation.

Nice way of putting things... true. In the end in most cases the long run counts more than short term as far as investors are concerned but with ICOs the project team always make a killing

apoky

newbie

Activity: 3

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Funny that the most active guys here are HitTheLow and JollyGood, trying to spread FUD, while investors keep quiet sticking to planned roadmap in the whitepaper. Maybe too little work at TenX, they have to kill their time here.

Ais08

hero member

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Quote from: JollyGood on July 06, 2017, 01:01:07 PM

Quote from: HitTheLow on July 06, 2017, 12:31:26 PM

mmm.. I remember it was 1 ETH for 100 MCO at the end

They are worth $1.83 now, so that 100 MCO for 1 ETH would be just $183 and you would be at a huge loss...

As much as that loss, it seems that with many to the delay of distribution the more losing a lot of money ..

emuLOAD

sr. member

Activity: 328

Merit: 252

This is investing 101.

Aside from it being far too early to call it doom (cutting losses at 50-60% is not exactly doom either, even if that were to have to happen now), investing is a gamble on risks, and you can never truly lose if you use a little bit of smarts.

Sure, you can bomb an investment or three, but only stupidity can bankrupt you.

If, however, you do use some smarts, there is plenty that can be done to reduce risk even lower. Think about the pendulum MCO had the first few hours (more than 24h mind you). With some effort it was almost childishly easy to earn some extra money without ever even touching your initial investment (thus offsetting the initial cost of the investment).

in the end it's the overall that counts. each step can either be a winner or a loser, but it's the overall game that counts.

just be smart and don't run on emotion, run on convenience and risk mitigation.

JollyGood

legendary

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Quote from: HitTheLow on July 06, 2017, 12:31:26 PM

mmm.. I remember it was 1 ETH for 100 MCO at the end

They are worth $1.83 now, so that 100 MCO for 1 ETH would be just $183 and you would be at a huge loss...

HitTheLow

full member

Activity: 590

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HIT the low and HOLD till moon

Quote from: MalReynolds on July 06, 2017, 12:30:02 PM

ICO varied between 150 and 120 MCO per ETH during its 4 weeks.

mmm.. I remember it was 1 ETH for 100 MCO at the end

MalReynolds

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ICO varied between 150 and 120 MCO per ETH during its 4 weeks.

HitTheLow

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HIT the low and HOLD till moon

Quote from: JollyGood on July 06, 2017, 12:03:15 PM

Quote from: HitTheLow on July 06, 2017, 12:01:32 PM

Quote from: trumpc2016 on July 06, 2017, 11:02:35 AM

FUD here is real Cheesy

You guys suck! Please go cry elsewhere. Biggest investor invested 5005 ETH, do you understand that he is not stupid and it was one of the best decisions!

You will see this going to $100 this year, you can make tons of FUD, it only helps to create buzz!

LOLLLL if you invested 5005 ETH you've already lost 2500 ETH with this pre-launch on Bittrex Grin

Good investment!

I think was better don't invest in pre-sale and buy after in the exchange?

Did you think that was a good price for an ICO in pre-sale? When I saw how many MCO I could receive for 1 ETH I immediatly understand that was sooo expensive, it was easy to predict a big crash.

Anyway who bought at the pre-sale is in loss now and A LOT.

You can still hold, you are still a dreamer.

At the time of the ICO what was the ratio of ETH to MCO? How many MCO would you have received for one ETH?

When I was thinking about investing

1 ETH = 100 MCO :lol:

and 1 ETH was 400$

JollyGood

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Quote from: HitTheLow on July 06, 2017, 12:01:32 PM

Quote from: trumpc2016 on July 06, 2017, 11:02:35 AM

FUD here is real Cheesy

You guys suck! Please go cry elsewhere. Biggest investor invested 5005 ETH, do you understand that he is not stupid and it was one of the best decisions!

You will see this going to $100 this year, you can make tons of FUD, it only helps to create buzz!

LOLLLL if you invested 5005 ETH you've already lost 2500 ETH with this pre-launch on Bittrex Grin

Good investment!

I think was better don't invest in pre-sale and buy after in the exchange?

Did you think that was a good price for an ICO in pre-sale? When I saw how many MCO I could receive for 1 ETH I immediatly understand that was sooo expensive, it was easy to predict a big crash.

Anyway who bought at the pre-sale is in loss now and A LOT.

You can still hold, you are still a dreamer.

At the time of the ICO what was the ratio of ETH to MCO? How many MCO would you have received for one ETH?

HitTheLow

full member

Activity: 590

Merit: 100

HIT the low and HOLD till moon

Quote from: trumpc2016 on July 06, 2017, 11:02:35 AM

FUD here is real Cheesy

You guys suck! Please go cry elsewhere. Biggest investor invested 5005 ETH, do you understand that he is not stupid and it was one of the best decisions!

You will see this going to $100 this year, you can make tons of FUD, it only helps to create buzz!

LOLLLL if you invested 5005 ETH you've already lost 2500 ETH with this pre-launch on Bittrex Grin

Good investment!

I think was better don't invest in pre-sale and buy after in the exchange?

Did you think that was a good price for an ICO in pre-sale? When I saw how many MCO I could receive for 1 ETH I immediatly understand that was sooo expensive, it was easy to predict a big crash.

Anyway who bought at the pre-sale is in loss now and A LOT.

You can still hold, you are still a dreamer.

JollyGood

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Is it true that someone invested 5005ETH in to the Monaco Card, which was valued around $1.5million?

For that much he could have started their own Monaco-esque card... the only ones to benefit so far are the team behind the project. The investor of 5005ETH should have kept his ETH and that would have been a better investment than Monaco VISA card! I guess that investor is crying now !!!

Does anyone know how much was premined before the ICO? How many coins exactly did the project team keep for themselves in the ICO? Even if it was 10% that equates to $2.1million in their pockets for doing not much and investing next to nothing themselves !

trumpc2016

sr. member

Activity: 695

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FUD here is real Cheesy

You guys suck! Please go cry elsewhere. Biggest investor invested 5005 ETH, do you understand that he is not stupid and it was one of the best decisions!

You will see this going to $100 this year, you can make tons of FUD, it only helps to create buzz!

JollyGood

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Quote from: SimmonenY on July 06, 2017, 08:31:25 AM

But not behind all ICOs stand greedy managers. Some of 'em are pretty promising with clear roadmaps and believable conditions. But in this case, I think I've read it on twitter, that CEO doesn't quite understand crypto and I guess it reflected on the overall management. But hey, maybe they'll make it to the end)

Does anyone know how much was premined before the ICO? How many coins exactly did the project team have before going live?

MalReynolds

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Such impatience is an amazing sight to see. At least give these guys 90 days until October 1. If you weren't willing to do that, why did you invest in the ICO? Just for a flip? This project can be so much more....

I still think Monaco will ultimately win big over TenX. As somebody said, Monaco are fintech guys trying to do crypto, TenX are crypto guys trying to do fintech. I'll back the fintech guys. Also, I think Kris is a businessman and Julian is an opportunist.

Plus, the potential ROI is so much higher with Monaco than TenX because of the low starting marketcap that extra risk is justified.

I'm hodling.

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