Thats why I suspect most of the fud accounts are in fact one person. They always appeared in the same time frame.
But well, fudders will fud and whales will whale...
This is very unfortunate situation trolls are so active into this thread and trying their best to keep the price down as much as they can but future will decide what will happen to this project. I think hold this token and forget about the price for some times than surely it will be worth for it.
while I agree for the most part I don't think it's just trolls keeping prices down...
it's mostly the fact (and I've definitely said this somewhere early in this thread) that the scene has blown up so big, so quickly. So I mean the amount of newb 'pleb' mofos coming in is what allowed bitcoin to hit 7.6k and what allowed all these ICOs to start breaking the record for biggest one after another. That's cool and all but it's worsened what was before a barely-bubble and now you see most of the money gained in ICOs coming from people with a get rich mindset, when for most of us who won big or yugely it took a minimum of a year, but more like 2+. MGO wasn't 'worth' 2.50 when it held that value for a bit, it's just everyone whos buying it is hoping the rest are behind it as well, when in fact the biggest driver of upward momentum is real utility being developed in the project.
MGO is probably worth about the price it's at just because of the whole GameCredit system already being in place, but it just sucks to see everything become so risky today. For a couple of months there you almost couldn't lose by investing into an ICO and selling shortly after for a quick 4x...was fun but I knew what was driving it and it didn't feel so good for the long term.
Obviously MGO will probably end up back above those prices but so many people are investing with institutional mindsets and even if you know your value will return, every day that it sits there is a day it could've been in a well performing project.
I still hold MGO and other tokens that aren't doing so well, but you know that the hand that gives also takes away...and the people who are making these ICOs so huge money wise are the same people who don't really believe in the projects they just think 'ohhh a novel project, that'll give us a for sure 3x'
