Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions
Glad to see one more non-bounty hunter
Hey you you said unfortunately this is all true,
as for you do you keep holding?
Yes ,my plan is to hold on til the pump if it ever happens .
It is frustrating with how far behind everything has been. In my phone's notepad, I made my crypto predictions for the upcoming year. For GAME/MGO, I expected a breakout in July. I supposed its still possible, but the idea is all the core features released and people beginning to play Pixel Wars and what have you. I'm certain we will see this eventually, Pixel Wars looked great in Beta. Everything is just moving at a snail's pace.
Even if that all happens, who is going to buy when all the ICO investors are holding for all of eternity because they refuse to sell at a loss? The volume on the current exchanges is pathetic so first of all we'd need to be on bittrex or Binance. After we accomplish the former, the bag holders need to just give up for whatever reason and start dumping so that the new money has a reason to scoop it up and then manipulate the new pump.
When you think about all of this it seems like its just plain ole' fucked like every other ico scam out there
When people are USING the platform, there will be a demand from USERS to purchase the coin. That's how utility tokens work. MGO is twice as dangerous with the buy-back and burn, the more people who use the coin, the quicker the supply dwindles.