Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
Jeantheboy
on 07/11/2017, 16:10:59 UTC
I am going thru every posts of you.
Will gt back to you abt it..
Seems like you r still nt answering my questions.
So, u r here for some kinda of charity if not for profit ?
I am here for profit for sure.
I dont need any clarification frm you to say that I am here for profits.
Of course I am here for profits, but I only invest in projects that are genuine and seek to create real value without fucking people over with lies or very bad excuses. It's very easy to make money without supporting shady schemes. So if you actually support scams just to make profits - even though there are ways to make significant profits without supporting such people - it speaks volumes about your character.


"It would become impossible for most people to pick up cards."
What does this mean? Please explain. Otherwise any argument is pointless. Why would most people should be unable to have their cards? Would the company impede the acquisition of the cards because the company is unable to comply with delivering the cards?
Why would there be no reason to hold the tokens after the lock-in period? The statements you made are not trivial. You need to elaborate. How can you know what is going to happen? How can you know about the progress of the company and the services provided by it?

"The only way to work around that is to change the amount of tokens required to reserve cards, which would have a direct influence on the token price and thus be market manipulation which is illegal."
What you are saying is that if the amount of tokens required to reserve cards is modified, then this is market manipulation. Your argument is useless because you are proposing an absurd solution to a problem that you still need to address, which is the worthlessness of the token. Why are you even employing market manipulation and alleged illegality as arguments?
Stay on task, and tell us why the MCO token must be worthless.

People jumped the ship because they didn't like the change made by Monaco regarding the asset contract. Jumping is legitimate. But the elimination of the asset contract cannot possibly mean that the token will have no value. How can you make such deduction? No asset contract means no future token value. Why?
Not sure what your problem is, I've already explained the issue in detail. If the token price goes up it will cost too much to get a card (even if you get it back in 6 months) and most people are not interested in such modalities. The only counteraction to this problem poses a significant risk of market manipulation, which could have very serious legal implications.

Because see above. Locking up tokens doesn't create value without creating problems that will inevitably create market manipulation scenarios which are illegal.

Hey, I have no problem. You've got one. You can't stay quiet. I have only asked for answers which you may be even able to give, but they are subjective. They don't describe the situation in absolute terms. If you think that the company is going to manipulate the price, whatever it may mean, then just stay away from it, sell the tokens you don't believe in, and embrace other initiatives.
If you don't like the rules, then you are not obliged to maintain a position in supporting Monaco. You seem to spend a lot of time in here just to express opinions without considering that the project is evolving and is going to evolve. Things change. Have you ever thought about that, wiseacre millionaire?