Post
Topic
Board Tokens (Altcoins)
Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions
by
Questat
on 07/09/2018, 05:30:17 UTC
This is true, there is a lot of talk and communication now with positive news. But when you look at the substance, there is little of it. Still no token swap, still no decent exchanges, still no mgo wagering games, with $53m and 1 year of development it is not unreasonable to expect more than just a blog of supposed updates

I agree there is very little substance, just all talk and no proof of action.
The reality hurts this time because the team really failed to perform based on the majority's rating here, however I think
when the real progress comes it would be a different story, so not selling at this time could give us good return but if they will continue to deliver
poorly, we will not get anything in the long run.

If you had sold when Jack mentioned its a fraud you still would have saved another 50%  Lips sealed


So that means the more days that pass the more the token loses its value, whatever little value of the token remains.

This token started out at around $2.50 at time of launch after the ICO but now it is worth around just $0.10 which means its market capital went from $53 million that the owners declared (while other claimed it was really $103 million) down to just $10 million today.

Even at crypto peak prices in January 2018 when Bitcoin nearly hit $20,000 and other crypto were flying high at record prices, this MobileGO token only went as high as just $1.89 probably because many people clocked on to it being a scam. This project is dead.
Yeah, I did not see it rise more than it's ICO price after it has dump when the bittrex expectation failed, I still remember it.
Now, the price is cheap like shitcoin even though they were able to raise a big amount, it's not what we expected but we can't do anything to change it.