People are speculating that once MCO goes live on Binance, the price will start to drop bcos of dump shit.
But little did they knew that Binance is the 1st ever China Exchange that will accept MCO's trading.
Plus it is being listed there due to numerous request from the China users.
PRC people can't easily invest their money on the foreign exchanges .
Thus, they will only focus on their own country's exchange due to withdrawal & deposit issue.
No doubt that this will shoot up the price to at least 0.01 by 24th August.
Demand > Supply
Total win !!
For 2 days now , the MCO market on bittrex.com its keept down by 1 bot selling and buying very low , he actualy makes 80-90 % of the transactions
http://imgur.com/a/rNitLI think it will stay like this until 23 when it will be listed on binance.com
PS: bittrrex.com doesnt have any rules for this kind of "things" because this bot its loosing alot of money just to keep the MCO low ?
1st. That does not look like a bot.
2nd. Most-likely not a single bot. At least 100 of them.
3rd. I'm running a bot on Monaco as well.
Put few high sell orders, market will go down. Put few high buy orders, market will go up. You don't even have to buy or sell. Just put them into the order book.
Fill those orders yourself and Market starts going sideways. Take 0.50% loss to make 10% 20% 30%.