Something that makes me curious;


Can I go and start my own coffee shop and accept payments with Monaco? And then the customer would get a 2% cashback payout (discount) in MCO tokens?

So if my neighbor starts a coffee shop as well, and we both get the card and the payment service, then we will become infinitely rich by becoming each other's customer and recurrently buying 50 cups of coffee from each other (getting 1 for free) and bouncing the money, buying 50 cups again (getting 1 for free) and bouncing the money...

Well, more tokens out frm the dev account means the circulation of the tokens will increase and this will decrease the tokens' price given if the market cap is still the same.
Actually, They got a valid reason of doing it
- To offer it in the new exchanges as not many existing users of Bittrex and Binance would willing to create an account with other small exchanges and transfer the tokens there for trading
But they seems to be going off the track by transferring it to Bittrex and Binance recently .
They shouldn't ever do so as they promised it was meant for new exchanges' liquidation purpose.
If you noticed, they will cleverly draw out everytime they make announcement abt the new exchanges.
For last 2 time, they d earned a fortune but nt this time .
People r being more aware now given the price of token nvr went up so much.
And for every token that they transfer , they should actually come up with a reason why they do so as every single token sales will reduce our personal token value.
Up to now, every token price has reduced value to abt 25% after almost 2M tokens frm the dev was added to the market .
Considering my holdings in MCO, thats equivalent of a Trackhawk 2018 ( World most powerful SUV ) .
Now, u know why I am pissed off ?

I am nt advising anybody to dump their coins
Just dont purchase above 0.001 ~ 0.0011
Thats when they will sell off theirs slowly.
I did notice huge sell order abt 25k tokens comes up once a while and dissappear at abt 0.00108 .

Another 300k tokens were transferred out few moments ago
https://etherscan.io/tx/0xce39bf835a0c1a8c71f86d896575d894073102fb7ef761c0d429127ee708f71c

Yea, on the other hand some people (including me) were trying to join the train a bit late and bought in around $22... and than waited for a month and sold for $6 to join some other project... I guess everyone has to learn from his own mistakes