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Topic: Why MONACO is booming ? should I buy now (Read 1321 times)

full member
Activity: 224
Merit: 100
August 28, 2017, 12:34:47 AM
#23
I think it's because some great news about monaco and they do some good advertising to promote monaco token and also get Cooperation with some company
sr. member
Activity: 1344
Merit: 459
August 27, 2017, 06:54:41 AM
#22
I just sell monaco at 90k sats, I am dissapointed, dont know that monaco will huge pump
hero member
Activity: 1470
Merit: 655
August 27, 2017, 06:51:52 AM
#21
whenever an altcoin rises like this, meaning super fast and out of nowhere, instead of coming here to ask "should i buy now" you have to buy it as soon as you see it happening.

but the important step is to dump it in a very short time. these altcoins are getting pumped and a pump like this (huge and out of nowhere) never lasts long.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
August 27, 2017, 06:48:45 AM
#20
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???
I bought and sold Monaco yesterday for $60 profit.  Grin should have held on to it. Grin
I just sold my Monaco early,  I never thought it will have a huge pump. Im surprise this coins has a huge pump, if will buy today I think its still a profitable coin.
The FUD after listed new exchange has make many trader like you sell their coin, so that is reason make the price of Monaco falldown in past days. But whales and big boy want that situation, they want buy a huge amount Monaco before pump it to the moon.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
August 27, 2017, 06:39:45 AM
#19
I really don't know why monaco is booming as well. It is not charming coin at all and they got into already existed sector. I guess its just hype.
hero member
Activity: 854
Merit: 502
CTO & Spokesman
August 27, 2017, 06:24:40 AM
#18
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???
Why more  people thinking like that if you see the coin in pump there are more people want to buy and follow the hype .but more of them use that method for trading lost in instead of making profit.
full member
Activity: 168
Merit: 100
August 27, 2017, 06:13:06 AM
#17
Aug 31 they launch.

When they launch, they're allowed to sell their coins.  Previously, the terms of their ICO prevented them from doing so.

So they want the price as high as they can pump it up when that time comes.

Then they will dump, hard.  Better get out before then.

But at the same time... who knows, maybe it will be huge.  Seems like an already overly crowded market but they have some interesting unique angles.  Seems like they're trying to be the Paypal of BTC/ETH, but with a credit line rolled in too.  Maybe it'll skyrocket.

At this point the MCO I have I got for free so I'm holding it regardless, but I expect it to take a hard dive on the 31st.
sr. member
Activity: 490
Merit: 250
August 27, 2017, 06:00:52 AM
#16
However the name is nice, and although I must recognize it's not fair many coins succeed or not just because of a good or bad name.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
August 27, 2017, 05:30:48 AM
#15
I believe that Monaco isn't really providing that of a unique service. It's infrastructure is fairly centralized and highly depended on institutions and centrally governed technologies. The bubble could pop at any moment. Good for the early adopters though, that's immersive profit over essentially nothing.
member
Activity: 72
Merit: 12
August 27, 2017, 05:25:26 AM
#14
I really like the idea of the project, but price is too high now atm indeed. I recall that I really liked the project at ICO too, but there were some red flags.
sr. member
Activity: 686
Merit: 257
August 27, 2017, 03:19:57 AM
#13
The pump is due to app release on 31 Aug, expecting a dump after the news.
legendary
Activity: 1708
Merit: 1048
August 27, 2017, 01:37:43 AM
#12
don't buy now
wait for dump
it will dump in next 2 days
newbie
Activity: 18
Merit: 0
August 27, 2017, 01:36:50 AM
#11
If you are not active in crypto for 2-3 days...It can cost you a huge. That's what happened to me in this case. have missed 3-4 trains in 2-3 days time ..
sr. member
Activity: 1162
Merit: 260
August 27, 2017, 01:22:51 AM
#10
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???
I do not know why, perhaps because of those who put forward the concept of the crypto currency card first. #cmiiw
The first the monaco token already added into the binance exchange that gives  a lot of hype for the price of the monaco token. the second is the more people are realizing the project of the monaco has the bright future. Or already added in the next exchange site. that was what already thought by me.
sr. member
Activity: 475
Merit: 500
August 27, 2017, 12:20:02 AM
#9
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???
I do not know why, perhaps because of those who put forward the concept of the crypto currency card first. #cmiiw
full member
Activity: 168
Merit: 100
August 27, 2017, 12:16:32 AM
#8
I think the bears are about to go on killing spree and kick this sucker down to 350k or so until it builds back up tomorrow.  I've been buying in the dips and selling at the peaks all day, so far so good.  This things about as pumped as it's gonna get for a minute.
sr. member
Activity: 348
Merit: 252
August 27, 2017, 12:08:48 AM
#7
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???

To be honest, I do not know the reason for it, however, I know for sure this will happen. Monaco is a co-op representing a real business, and their field is really useful in the virtual currency market, so it's become popular.
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
August 26, 2017, 10:51:43 PM
#6
I was holding a few Monacos and i sold them yesterday, i missed some profits but i am happy with the money i earned from that trade.
But i dont know why it has pumped so hard, the only explanation that i found is that this coin was too hyped by the chinese market.
so you all know how this works, pump and dump, that is how it has been since we have a cryptomarket
hero member
Activity: 1582
Merit: 523
August 26, 2017, 10:33:33 PM
#5
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???
I bought and sold Monaco yesterday for $60 profit.  Grin should have held on to it. Grin
I just sold my Monaco early,  I never thought it will have a huge pump. Im surprise this coins has a huge pump, if will buy today I think its still a profitable coin.
member
Activity: 88
Merit: 11
August 26, 2017, 04:50:22 PM
#4
is there any reason or news behind of this huge pump from 0.8 beginning of august to 15$???

As far as I know it's just another altcoins, although one that has reached a decent level of success in a sea of altcoins.  Sometimes they just go up or down for no real reason, people buying or selling large amounts.
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