NULL - page 91. | Bitcointalksearch.org

TheHas

full member

Activity: 616

Merit: 167

Quote from: vipthree on January 22, 2018, 05:26:52 AM

Quote from: Isaaq.Almaguer on January 22, 2018, 03:20:27 AM

Quote from: TheHas on January 21, 2018, 11:48:04 PM

Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?

So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.

I doubt Binance would be responsible for the token lockup. So I'm guessing yes, you have to have exactly 50 MCO in your private wallet, and send them to an address or a smartcontract for lockup. Which means you'll have to pay withdrawal fees from whichever exchange you bought the MCO from. As well as some gas fees for the transaction.

Yeah, Monaco team is developing its own wallet, where you would need to transfer your MCO for lockup. I am sure transactions fees applies.

Hmm I figured that might be the case, but I wouldn't be too sure that Monaco isn't coming up with a workaround or solution, even just for the optics of it.

It would leave a really bad impression on users if they went to an exchange, purchased 50 MCO to get a Ruby Card, sent it to a special MCO wallet, and then get told that they have 49.9 MCO, so can't do lock up or get their card.

Given the nature of their close 'strategic parternship' with Binance, I wouldn't be surprised if they are working on a direct lock up through Binance to avoid transaction fees while also allowing Binance a one up on its competitors.

Binance already provides extra functionality for specific coins - for example providing GAS for all the NEO you hold on the exchange. No one else does that to my knowledge.

I think it would be a mistake for Monaco to make the process overly complex by making it a 50 MCO 'and a bit' token lock up.

Apekool

member

Activity: 126

Merit: 13

The internet > you

Definitely a business opportunity here.

Apekool

member

Activity: 126

Merit: 13

The internet > you

Something that makes me curious;

Quote

0%
Up to 2% Cryptocurrency Cashback

Earn MCO with Monaco card
Earn cashback in MCO on every transaction with Monaco Platinum card
Convert to BTC/ETH or fiat currencies
Spend the cashback you earn with your card

Can I go and start my own coffee shop and accept payments with Monaco? And then the customer would get a 2% cashback payout (discount) in MCO tokens?

So if my neighbor starts a coffee shop as well, and we both get the card and the payment service, then we will become infinitely rich by becoming each other's customer and recurrently buying 50 cups of coffee from each other (getting 1 for free) and bouncing the money, buying 50 cups again (getting 1 for free) and bouncing the money...

fajarkus12

full member

Activity: 350

Merit: 100

Quote from: cryptonitro on January 22, 2018, 08:18:49 AM

Quote from: cryptodunno on January 22, 2018, 06:04:39 AM

has anyone physically received the card in Spore?

good question it is released yet ? or delivery is not yet actual ?

Maybe not yet, because there is no new announcement yet about delivery the card. I think if monaco card will be delivery, the team will announce it in this forum and monaco website. But i guess before Money20/20 in march 2018

cryptonitro

full member

Activity: 348

Merit: 119

Quote from: cryptodunno on January 22, 2018, 06:04:39 AM

has anyone physically received the card in Spore?

good question it is released yet ? or delivery is not yet actual ?

delpiero10

full member

Activity: 270

Merit: 101

Quote from: AngryWhiteWolf on January 22, 2018, 06:06:03 AM

Quote from: vipthree on January 22, 2018, 05:26:52 AM

Yeah, Monaco team is developing its own wallet, where you would need to transfer your MCO for lockup. I am sure transactions fees applies.

Didn't know about that. Should be released very soon then I guess. Is there a link where I can read more?
I really hate to keep my coins needed for the card on the exchange.

so don't keep it on the exchange Roll Eyes

AngryWhiteWolf

full member

Activity: 616

Merit: 100

Quote from: vipthree on January 22, 2018, 05:26:52 AM

Yeah, Monaco team is developing its own wallet, where you would need to transfer your MCO for lockup. I am sure transactions fees applies.

Didn't know about that. Should be released very soon then I guess. Is there a link where I can read more?
I really hate to keep my coins needed for the card on the exchange.

cryptodunno

member

Activity: 308

Merit: 10

has anyone physically received the card in Spore?

vipthree

member

Activity: 85

Merit: 10

Quote from: Isaaq.Almaguer on January 22, 2018, 03:20:27 AM

Quote from: TheHas on January 21, 2018, 11:48:04 PM

Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?

So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.

I doubt Binance would be responsible for the token lockup. So I'm guessing yes, you have to have exactly 50 MCO in your private wallet, and send them to an address or a smartcontract for lockup. Which means you'll have to pay withdrawal fees from whichever exchange you bought the MCO from. As well as some gas fees for the transaction.

Yeah, Monaco team is developing its own wallet, where you would need to transfer your MCO for lockup. I am sure transactions fees applies.

codemanX

full member

Activity: 658

Merit: 129

Quote from: Zabivelli on January 21, 2018, 04:29:01 PM

Quote from: cryptoBPP on January 19, 2018, 08:59:22 AM

Hi guys, quick help please, I am following this lovely coin, would like to buy it, I have 2 questions:
1. Is there a desktop wallet for Linux for this coin?
2. The iOS app will automatically be wallet and comes with the card of choice?

Cheers
Thank you

MCO is an ERC20 coin. So this means you can download any erc20 ether based wallet for Linux to hold this token. Also exchanges are getting more and more secure, you can also buy and just hold it on an exchange.

People say it's much saver to keep your tokens in your private wallet, but that can get hacked also. Exchanges keep updating their security, so you can also keep them there.

If you every going to hold dividend tokens, better to keep in private wallet as you want your dividend of course.

I absolutely disagree with your opinion! To say "exchanges are getting more and more secure" is just naive, there is always a possible risk it could be hackend, sometimes attacks are coming from employees who can bypass various security mechanisms.

Just if you THINK that exchanges keep updating thru security, HOW could you KNOW this for all of them?!
Binance, the biggest exchange at the moment, is just 6 months old! Do you really think there couldn't be a security gap?

It's so simple to prevent getting hacked with a private wallet, just buy a Ledger Nano S for 69 bucks and you have a REALLY secure solution.

Keeping coins on the exchanges and thinking it is secure ... sorry that's just stupid.

Isaaq.Almaguer

full member

Activity: 224

Merit: 100

Quote from: TheHas on January 21, 2018, 11:48:04 PM

Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?

So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.

I doubt Binance would be responsible for the token lockup. So I'm guessing yes, you have to have exactly 50 MCO in your private wallet, and send them to an address or a smartcontract for lockup. Which means you'll have to pay withdrawal fees from whichever exchange you bought the MCO from. As well as some gas fees for the transaction.

delpiero10

full member

Activity: 270

Merit: 101

Quote from: TheHas on January 21, 2018, 11:48:04 PM

Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?

So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.

They didn't disclose any details about partnership with Binance so you should expect withdraw fee cause you will have to send tokens to your wallet

TheHas

full member

Activity: 616

Merit: 167

Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?

So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.

divest.ted

newbie

Activity: 98

Merit: 0

Trollers are back it seems. Monaco was and still is the most undervalued company in Crypto. The project serves real world purpose. I won't bother to compare it to other card programs because it would be insulting to Monaco. Buying in now and you won't be sorry.

fajarkus12

full member

Activity: 350

Merit: 100

Quote from: FollowSynergy on January 21, 2018, 03:31:11 PM

Could you tell me, what project is the most promised on your opinion in 2018: Monaco, TenX or Centra? It is very convenient to buy thing using prepaid cryptocurrency debit card, but those newly introduced restrictions from Visa really messed me up even more, which one to choose?

If you want to invest in debit card project i suggest to you to invest in monaco, because monaco has low circulating supply than other competitors. So i think with low circulating supply MCO more worth for investment

Arrowin

newbie

Activity: 12

Merit: 0

So as my last comment was deleted I just wanna say...The verification problem is not solved. App still doesnt work. We have a lot of reports and no one fokin comment form devs. So fok you devs, and fok the person who deleted my comment when I just wanted to ask a help and get some explanition. I saw a lot of projects. And guess what...all the fokin scam projects are the same - weak devs coloboration, soft problems (if they just have a problems with a android app...cmon men...they just aughhh). All the same. Comon you bitches, delete this comment. I will report every day anyway!

Zabivelli

full member

Activity: 392

Merit: 100

Quote from: rajravind on January 19, 2018, 09:44:31 PM

Given that Kris has already promised that MCO will have a live product before March, I have decided to increase my holdings in MCO. Right now, it accounts for almost 60% of my entire crypto worth. Previously was ard 35%.
Highest percentage ever in my personal holdings.
Forthe next upcoming bull run, Crypto Debit & Cannabis related coins will have its turn.
Given the fact that MCO is the only valid contender now in the crypto debit.
Its cap won't take long to reach $1B.

Well kris said many things and dates that they didn't met. Seeing the history of Monaco, as ICO participant, I wouldn't put all my hopes on kris words or premises.

Even when they promise a date and don't do as they announce, kris doesn't want to apologize or acts like they never made that date or promise.

Didn't kris say the card roll out would be before end of freaking 2017? Looool people forget so easily, than they said ooh well we will release cards as soon as possible, now it's before Asia 20/20.

What a fokin joke from the team and kris. Also Ruby card is getting stripped more and more..would it still be worth to lock down 50 mco for a freaking card with nothing else than a 1% cash back? Fok this team.

Zabivelli

full member

Activity: 392

Merit: 100

Quote from: cryptoBPP on January 19, 2018, 08:59:22 AM

Hi guys, quick help please, I am following this lovely coin, would like to buy it, I have 2 questions:
1. Is there a desktop wallet for Linux for this coin?
2. The iOS app will automatically be wallet and comes with the card of choice?

Cheers
Thank you

MCO is an ERC20 coin. So this means you can download any erc20 ether based wallet for Linux to hold this token. Also exchanges are getting more and more secure, you can also buy and just hold it on an exchange.

People say it's much saver to keep your tokens in your private wallet, but that can get hacked also. Exchanges keep updating thru security, so you can also keep them there.

If you every going to hold dividend tokens, better to keep in private wallet as you want your dividend of course.

Digital Drug Lord

member

Activity: 294

Merit: 12

Quote from: FollowSynergy on January 21, 2018, 03:31:11 PM

Could you tell me, what project is the most promised on your opinion in 2018: Monaco, TenX or Centra? It is very convenient to buy thing using prepaid cryptocurrency debit card, but those newly introduced restrictions from Visa really messed me up even more, which one to choose?

None they are all scams

Did you see any press releases that they will work with visA?

emuLOAD

sr. member

Activity: 328

Merit: 252

Visa did not introduce any "new restrictions" afaik.

Topic: NULL - page 91. (Read 456104 times)