Quote from: amktt on November 01, 2017, 09:25:09 AM

Quote from: Jeantheboy on November 01, 2017, 08:58:56 AM

Quote from: trumpc2016 on November 01, 2017, 08:33:04 AM

Quote from: trumpc2016 on November 01, 2017, 08:26:37 AM

Quote from: trumpc2016 on November 01, 2017, 08:23:33 AM

Please dump more! Cheesy

I see that people do not have brain to do basic calculations about that asset contract shit. I thought that it's worthless before they said to remove it. But my motivation was exactly that people will freeze their mcos. So I see only positive thing here!!!

Here is some math guys!

Total: 31,587,682 tokens

For example, in 1 year time they will reach 500,000 customers. Every customer on average spends like 20'000 usd per year or less. Merchants pay 3% for all parties involved in transaction. So it's $600 usd paid by merchants from $20k spent by 1 customer.

Monaco gets 1.5% from these $600 = $9 !!!

So in BEST case scenario, they will have $4,500,000 in fees in 1 year. Asset contract promised 1% from this sum to be held.

In result we have only $45,000, fucking $45k per 1 year split by 31,587,682 tokens. How this fucking can drive price of mco up? Huh

? You are dumb people or what, or just want manipulate market and use this as excuse!!!!? Huh

Total price of mco by earnings per year held in asset contract: 0.00142460596 USD

How the fuck this can drive price? Huh

Monaco team knows what they are doing. HOLD! For those who do not get what I wrote, then leave, this is not for you kids.

P.S. I didn't counted consumers who stop using services. This would bring asset contract 1% even lower.

Hey Trumpc2016, thanks for the insight. Having doubts on the significance of the asset contract conferring real value to the project is absolutely legitimate. I myself was sometimes quite skeptical about the asset contract and its serious mechanism, so I have never conferred a lot of importance to it. However, math may sometimes not be that easy to grasp because it may have a subjective character, even though at first sight math is always taken to be something indisputable. It is not indisputable. It may well be subject to personal evaluations.
Please try just not to be too arrogant. You should only improve the grammar so that your message is more understandable.

PLEASE EVERYBODY HOLD MCO, OR I WILL BUY THEM!

no need to beg to anyone for buying mco token, MONACO team knows what is they doing this is just the beginning of Monaco project journey.
for those who is not buying now might have to buy 3x todays price ($7). I believe in Monaco team they are simply professional

Thank you for your post and believing in us. We will keep delivering our value to the users.