Hi all,

Some of you, especially MCO holders, may have read my other MCO threads calling it a scam and predicting the collapse of it's price on Aug 31st.

I wanted to put a new thread out there before I delete or substantially edit those old ones.

I've had a chance to hang out on the MCO's slack lately, and I've had a lot of my questions and concerns answered directly by the Monaco team.  

Now I read my earlier threads and they seem like FUD.  Perhaps eerily prophetic FUD in one case but still... unfounded paranoia.  It's very possible that bots and whales were manipulating the value of MCO in the run up, but it's pretty unlikely that MCO had anything to do with it.  The only possible motivation for them to do so would be selling off their tokens, which they didn't do, and have stated very clearly they won't do (at least not any time soon).

As for the scam accusation in regards to potential residual income from MCO profit sharing, some of that came from confusion on my part about how it's structured.  A big component of it is that as people 'cash out', their token gets 'burned'.  So less left in circulation, and the remaining ones cash out for higher values.  That changes the math significantly.

I've invited the MCO team over to respond directly to my earlier posts to see if they can clarify better exactly what did / didn't / will / won't happen, hopefully we'll hear from them soon.

Now actually looks like a good entry point for picking up some MCO, or averaging down your buy-in if you're already underwater.  As news in the next month comes out clarifying some of the uncertainty that has hung overhead so far, it looks poised for strong gains.

If you have specific questions or concerns about MCO please leave them below and I will do my best to get them answered.