Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
BTCMILLIONAIRE
on 07/11/2017, 15:43:49 UTC
Every single person in here is in it to make money just like any stock whether you love the company or not. I can admit I am a bit of a alt coin junkie with 80 different types now. 

So what do you think the best and worst case scenario is with this one? Or most likely scenario ?  Seems like they have some solid development despite screwing people on the dividends.
In the short term, all the greedy and clueless people will end up pumping the token for sure.

Perhaps even in the medium term.

In the long run there'll be serious problems if the asset contract and the token locking mechanism aren't properly addressed due to a lack of inherent value of the tokens and potentially illegal market manipulation by changing the required amount of tokens for card reservation (which will directly impact the token price).

If you only care about short term profits and don't care about shady excuses like "sharing profits is pointless anyways" or risks regarding legal compliance (price manipulation) feel free to stay. You'll make some money.

But there are projects that create value without these types of charades.