Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card

NEW CHINA ICO LAWS = NO EFFECT ON MONACO !!!

MCO : FULL SPEED AHEAD !!!

Key posts made over on the Monaco Slack channel:
https://i.imgur.com/GgSM4Fn.jpg
https://i.imgur.com/ei8sATv.jpg

Thanks for posting that. That's definitely good for everyone here. I retract all previous statements. If what this is saying is true, it doesn't look good for PAY and OMG.

There is a very good chance that MCO will become the frontrunner in the crypto to fiat card space...when this news sinks in, I have no doubt that MCO will find it's rightful place in the top 10 of cryptocurrencies. This is a fantastic day for MCO and legitimate cryptocurrencies...gla
Feel sorry for those that panic sold before this announcement..

I'm working on my post to the TenX thread. It's taking a long time because I am laughing so hard.

https://en.wikipedia.org/wiki/Schadenfreude

I went to the ICOAge website and they have a post in Chinese that can't be translated. This guy seems to know what it says:

https://www.reddit.com/r/nem/comments/6xum8n/icoage_suspended_icos_must_now_go_through/

Since TenX isn't located in China, I don't know how they can be force to return funds, and they might be able to operate outside China. It looks like a lot of high profile ICOs were out of ICOAge. Take a look:

https://www.icoage.com/?p=search&flag=3

NO

https://www.icoage.com/?p=search&flag=3

Including names such as TenX, OmiseGO, Civic, bancor

https://bitcointalk.org/index.php?topic=1953612.msg21509225#msg21509225

I guess I'm gonna have to do a post like that for every coin on the list you linked to....

I did laugh a little bit, but I don't think most of those projects are in China, which probably means they aren't going to do anything. TenX is in Singapore. I think the biggest aspect of this ruling is that tokens will no longer be traded for RMB, which has been a big source of demand for them. This ruling is going to deal a serious blow to the whole token market.