Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable
by
MalReynolds
on 02/07/2017, 15:16:25 UTC
you fucked up by exiting your icn position mr reynolds....

I don't think so.  Currently I'm at around 40% of where I would have been by staying in ICN, but with much better growth potential IMHO.  I'm happy with where I'm at right now.  Sometimes you gotta retreat out of a dead end so you can go farther forward.

We shall see.  

So you are going to sell MCO and buy PAY then?

MCO currently has a circulating volume of 9.45M and a current token value of $2.37 for a market cap of $22.3M.  When PAY comes out, it will have a circulating volume of 84M bought for 200,000 ETH currently at $270 = $54M total.  

I'm looking for a 5x price pop.  Which one do you think is more likely to happen : 9.45M MCO tokens trading up to $111M total value, or 84M PAY tokens trading up to $270M total value, for roughly equivalent products - one of which is not playing in the American and Indian markets?

Token scarcity, lower target market cap price, and wider consumer market heavily favor MCO for a 5X price pop.