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Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions
by
tyrantis
on 03/11/2017, 07:50:29 UTC
Quote from: Mystic90 on November 03, 2017, 07:43:56 AM
Quote from: Islapdonkey on November 03, 2017, 07:23:48 AM
Quote from: Jack Kuveke on November 02, 2017, 08:13:08 PM
Quote from: Islapdonkey on November 02, 2017, 07:05:55 PM

You keep saying this but I don't see MGO listed in any big exchange yet after all this month. MGO is currently listed in exchanges where most of this free airdrop coins can easily find a home. I know you said something about sec but didn't expand on what aspect of the coin is creating the issue. Also, you guys touted that you will buy back mgo during the ico, well, all we asking is that you take less than 1% of your earning and buy back some of this coins rather than just ignoring what is happening and throwing out a lot of excuse. I do appreciate your constant interaction on the thread and to be fair my fuss is not directed towards you cos I know there is hierarchy in the team but like I mentioned before, the MGO personnel don't constantly wake up with panic and anxiety wondering if the coin has crashed top nil. They already well compensated and even with the growth of BTC price, their compensation has quadrupled. So, it's easier to sit on the high chair and tell investors to deal with it, while they watch their investment squander to nothing. I just invested 2 btc and that's barely worth 1800, I can only imagine how an individual who threw a lot of BTC on this project feels. I know you should never invest more than you can afford to lose but this guys believed in the project, thus the investment and as of the moment, it seem like MGO personnels could care less. Everything that was promised is severely delayed  and you guys don't even want to implement the buy back that you promised

We do care. As I've said in the past, getting on a large exchange is not a matter of throwing money at a wall. Not after the SEC ruling. So we could spend millions on lawyers and the process to get listed probably wouldn't be endlessly quicker. These decisions aren't up to us. They are up to an exchange. Buyback is something we stated in the whitepaper, we have never announced not buying back. We are following what we set out to do as closely as possible. But buyback is not something that can be down willy nilly without any strategy and intense discussion. You need to prepare for buybacks from a strategic and legal standpoint. It's not as simple as putting 1 million into the market. It's that simple if we were just investors. But we're the people producing products for mgo and managing it.

 Jack you are yet to tell us what sec related issue this coin is having that's affecting it's ability to be listed on a big exchange. It can't be about the buy back b/c that will be a catch 22 cos you guys haven't bought anything back and yet absent from a worthy exchange. when you mention that MGO team is following what  you set out to do as closely as possible, does that mean your intentions where to have the current price where 1 BTC investment during the ICO is currently worth $836. Let take time and  digest that. If there was a time to implement the strategy with intense discussion you aforementioned, i can't think of a better time than now. Again 1 BTC investment during the ICO is currently worth $836. The biggest exchange MGO is currently listed in is Cryptopia and i can think of four free airdrop coins that i received that is currently trading on Cryptopia. Again, just to drive the point home I BTC investment in MGO at ICO is currently worth $836.
  
 Any other coin, i would comfortable scream scam, but i am /as well as others are trying hard to keep our confidence in the platform high. but Do you guys finally plan on taking action when our investment is completely worthless cos at this rate i see I BTC investment during ICO been worth $100 before the yr run out. Is the intention to watch the coin become worthless, so you guys can buy the whole thing back for pennies. It's easy to say we care but it seem like the investors have more confidence in your coin. The platform is delayed, actually everything is delayed. The one big hype about buy back that lured in alot of investors is now been askew.

 So we don't get an exchange with good volume and we can't also get the buy back. All we receive is a constant depreciation of the investment and you guys don't think you already late with the strategy/intense discussion as you put it. Again, like i said it's easy to sit on your high chair and tell investors to deal when your compensation is immense, we all know the team members are already well off and all we are asking for is a little handout. I know you guys could careless and this quips  from me and others is technically a waste of time but.............. actually, fuck it. i give up. You guys win. It's not like we can really do anything about it.

MobileGo was def my worst investment of the year. I recently sold with my biggest loss in crypto, especially if you calculate the loss if I had kept the BTC instead of putting BTC into MobileGo. The promotion video I saw on youtube almost made me cry. 50 million in funding and a promo vid that could have been made by my 16y old brother.

MobileGo had been a very expensive lesson for me

i am disappointed to the team.it also is a unforgettable lesson about investing  in my life.i loss lots of thing because of the mgo.