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Showing 4 of 4 results by DartanianTheGreat
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
Let me give you guys something to think about. Do the math !!!
There are 9.8M MCO tokens currently in circulation. All the rest (around 21.8M more) are locked up for at least 90 more days.
https://coinmarketcap.com/assets/monaco/
Of the 9.8M MCO in circulation, 4.3M or almost half the total are currently on Bittrex.
https://etherscan.io/token/Monaco?a=0xfbb1b73c4f0bda4f67dca266ce6ef42f520fbb98
So far in just over 48 hours, over 7000 people have preregistered for a Monaco card.
(This is somebody else's registration screen capture - there's a Black card reserved for me
)
https://i.imgur.com/xRUMCUG.jpg
Seems logical that we will get to 8700 preregistrations from the current 7000.
Question - what if they all reserve silver / gold Monaco cards? Well, they'll ALL have to purchase 500 MCO from Bittrex and then freeze that MCO out of circulation for six months.
https://i.imgur.com/5kC1XPE.jpg
How much MCO would that take, to issue 8700 silver / gold MCO cards?
Well, 8700 * 500 = 4.35M MCO.
THAT'S MORE MCO TOKENS THAN ARE CURRENTLY IN THE ENTIRE BITTREX WALLET.
Let that sink in. Roll that thought around your brain until the lightbulb goes off over your head.
8700 SILVER / GOLD MONACO CARD REGISTRATIONS WOULD CREATE A BUY WALL TIDAL WAVE THAT WOULD PURCHASE EVERY SINGLE MCO TOKEN CURRENTLY AT BITTREX.
MY ADVICE:
1. GET 500 MCO ASAP.
2. UPGRADE YOUR MONACO CARD RESERVATION TO SILVER / GOLD.
3. HODL.
http://i.imgur.com/oQ6XV2Y.jpg
There are 9.8M MCO tokens currently in circulation. All the rest (around 21.8M more) are locked up for at least 90 more days.
https://coinmarketcap.com/assets/monaco/
Of the 9.8M MCO in circulation, 4.3M or almost half the total are currently on Bittrex.
https://etherscan.io/token/Monaco?a=0xfbb1b73c4f0bda4f67dca266ce6ef42f520fbb98
So far in just over 48 hours, over 7000 people have preregistered for a Monaco card.
(This is somebody else's registration screen capture - there's a Black card reserved for me
)https://i.imgur.com/xRUMCUG.jpg
Seems logical that we will get to 8700 preregistrations from the current 7000.
Question - what if they all reserve silver / gold Monaco cards? Well, they'll ALL have to purchase 500 MCO from Bittrex and then freeze that MCO out of circulation for six months.
https://i.imgur.com/5kC1XPE.jpg
How much MCO would that take, to issue 8700 silver / gold MCO cards?
Well, 8700 * 500 = 4.35M MCO.
THAT'S MORE MCO TOKENS THAN ARE CURRENTLY IN THE ENTIRE BITTREX WALLET.
Let that sink in. Roll that thought around your brain until the lightbulb goes off over your head.
8700 SILVER / GOLD MONACO CARD REGISTRATIONS WOULD CREATE A BUY WALL TIDAL WAVE THAT WOULD PURCHASE EVERY SINGLE MCO TOKEN CURRENTLY AT BITTREX.
MY ADVICE:
1. GET 500 MCO ASAP.
2. UPGRADE YOUR MONACO CARD RESERVATION TO SILVER / GOLD.
3. HODL.
http://i.imgur.com/oQ6XV2Y.jpg
I've been dying to hear someone make this simple thought for days now. Bravo!
So the thing is, even if people do not choose the 500 hundred as a norm, still some will (eg you end me) and this locks MCO to life. Also, the 70% bulk of the coins is untouched, as can be seen:
https://etherscan.io/token/Monaco#balances
so enough with the kamikazis in here bombing news on the demise of the MCO.
The coin is a d@mn good asset.