Post
Topic
Board Tokens (Altcoins)
Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions
by
Kencha77
on 30/06/2017, 18:12:48 UTC
Bittrex has delisted MGO from their website !!!!!!!!!!!!!

https://bittrex.com/Market/Index?MarketName=BTC-MGO

This ICO is CATASTROPHIC, the prices will undoubtedly collapse even lower than the initial ico price....

OK I need this kind nativity and stupidity to stay away from this thread.

You weren't able to trade MGO for two weeks when it was "listed". In fact bittrex probably could have delisted it right after the wallet wouldn't work and only put it up after it was successfully able to trade. This means NOTHING. It is something that should have probably happened a lot sooner to cut down on the confusion and repetitive questions.

Now we will be announcing several exchanges in the near future. If you seriously have no faith in the project because it didn't list on exchange, go ahead and sell. But that's what 90% of all IOTA investors did after the ICO raised less than a million dollars and didn't hit an exchange for over a year. The guys who believed in the project kept their coins and saw profits most of you will never see. This was all due to patience and investing in a coin because of the development and project. LISTING ON AN EXCHANGE QUICKLY DOES NOT DEFINE THE WORTH OF A COIN AND PROFIT POTENTIAL.

Now of course it is great to have mobilego traded on more exchanges from the start, but it doesn't mean anything mid-long term.



What you don't understand is that a LOT of people were waiting for Bittrex to open the MGO/BTC  market place.

Stop trying to convince yourself, the price is already dropping (-11% today) and will continue in the next days when all people who were holding MGO will dump it when they will understand that (for the moment) Bittrex and other big exchange will not introduce MGO.

So maybe the MGO price will be highter in the next months BUT in shortime the price is falling day afters days and will continue. Normal people will dump their MGO now and will re-bought it when the price will stabilize.

    Hold it right there. People complaining when the prizes of their coins drops and they think that the lack of exchanges is the reason for this? This is the kind of mentality which gives cancer to the cryptocurrency universe.
You people should think about the actual usage of the coin and not for trading purposes. Those who have invested in a coin should wait till the coin will be in used where it is supposed to to expect a profit. That is why it's called "investing". Invest to a product(coin) that has a potential to grow. When the coin grows, that's the time you can have a ROI (Return of Investment). WHY DID YOU INVEST INTO SOMETHING THAT YOU DON'T BELIEVE TO IN THE FIRST PLACE? IF YOU SAY YOU'VE INVESTED TO EARN PROFIT IN A MONTH/DAY (even knowing that the coin will not have an actual use in those time), THEN THAT MEANS YOU DON'T KNOW HOW/WHEN TO INVEST.