I am only trading it now. I won't go long yet. expecting sub $4K by End of August. Either way i am making money so doesn't matter if its going up or down

I am one of the TenX fanboy but i now agree the way Julian always tries to take high moral ground don't work in crypto. This token will never grow unless They shed some of their reservation of 'Pumps' and release some quality FOMO news like IOTA,NXT. i don't understand what's wrong with that and why Julian don't like it. You get 100% pump and retreats by 40% but still gains 60%. i guess that's the only way all coins go up!

Meanwhile, MCO may end up with 2x spike today while Doctor Julian will continue to hate PAY price rise bcoz it may turn into 'pump'...sometimes after listening his 'high moral' empty talks i feel Jesus is born again...

lucky you! Julian keeps on saying 'i won't pump' but what is pump? its a market reaction on positive news/updates...so is he saying he wont give any updates or don't want price to go up ever? price goes up by 100% and goes down by 40% and creates a new support level..even pump is a part of organic growth...i don't understand the shit talk about 'i won't pump'! Is julian expecting 1% fixed growth on daily or weekly basis ?

Monetha deliberately pushing the price south by not even making any comment on development and infact flagging negative perception. I suspect they want someone to pick up very cheap Monetha and that's why helping those strategic investors by suppressing the price. I suspect internal trading as well.

They betrayed their initial backers without any doubt.

I know its painful for ICO investors and i  totally blame Monetha for this spectacular fall. They instantly gave an impression after ICO  - "Ohh God !! we somehow raised $37 million now lets find out how to start work". Monetha was so technically under-prepared but credit to them they still managed to raise loads of money.


i am not sure what Monetha is currently thinking but any more negative publicity from now on will impact their hunt for Big Merchants. If market starts talking all shit about you then guys like FairBank & Eric won't be able to help.
 

wishing thinking....i dont think majority of investors are idiots to sell at anything less than current price....

Atiilaa, i can understand your frustration and i am also critical of the way things went after ICO. But just remember it was never meant to be a quick profit scheme. If you even sell now at at ur buy price and move somewhere else expecting quick profit you will get burned again. Patience is the key.

I would say stick with Monetha till march/april and don't panic. I can easily see 60-70c and market cap of $100 mil which is 4x of ur buy price. Wat else u want?

Yes, i want lot of things to improve. The communication should be all about product with atleast one dev dropping here and providing updates. The strong message should go out in social media that Monetha is developing kickass product which is missing currently.

ICO market is dead. None of the last 20 ICO is trading above buy price except Kyber which is also now going back to ICO price. I will eat my dick on national television if UTrust stays above ICO price...Investing in ICO and hoping for profit before atleast 4 months is thing of the past.

Today's Q&A was good and i liked their honesty but gave me a feeling they are yet to figure out the right mix of tech and solution & that's the reason they are going slow on hiring.

Believe me until people are convinced that development status is healthy and good progress is made new money won't come in.

Just by saying "we are 6 devs and working really hard" won't increase the price even half a cent. They should check how other teams comes out with constant development updates. Most teams have devs on slack/Telegram who provides updates atleast once a week.

If you are telling me that there is nothing to look forward before Q1 2018 then i am really worried. None of the other teams have working product but with constant updates they keep investors interested. And by constant updates i mean development updates, GitHub code (i understand you can't expose everything) , Hackathon's, new ideas bounties and NOT just by saying "we are hiring", "we had a big week & we will move to new office soon".....

you guys raised loads of money throw some on extremely talented & experienced devs rather than Leveraging your past connections. Organize Hackathon events across globe specially in critical markets like Singapore, China, India, ASEAN countries & of course Europe. Won't cost you much but will give you immense exposure and reach.

Also, community is not asking you to reveal the Solution design or Architecture  but the strong message should go out that the product which Monetha is building is of high quality. PR should revolve around the product & development till product is out. Make high qualities shot videos on technological vision without revealing much. Watch how TenX made an excellent video on COMIT without revealing how they are doing it.

Best of Luck Team Monetha.

Monetha is very proud of raising $37 million in 18 minutes and going to speak on it on 25th Oct meetup as well.

They should actually speak on how to raise capital from $0 to $37 mil in 18 minutes and fall from $37 mil to $17 mil in 18 days

Blockchain summit is almost 40 days away. And frankly i don't see how that will impact the price.

If Eric joins the team that will definitely help but i am not getting any positive vibes about it. The day i will find the Investor sentiment about Monetha on social media that they have solid team i will buy more and more.

Good for you. The current price is great. But i am worried about ICO investors who are at 120% loss in fiat and even more in sats. I bought first at 40% below ICO price but even i am at 55% loss on my first buy.

This is abnormal decline and can't just blame fock for it. Substratiam grown from 4c to 13c during the same period.  No investor sell at such heavy loss until confidence level drops substantially

My Monetha position

Tokens : 73,000
Bought at : 3300,2000,1600 sats

I have no reason to create FUD. that's my honest feedback.

Someone tell them good quality microphone and romantic background music only helps if there is solid development work going on. Who knows maybe solid development is going on but market perception is they are still looking for devs with no updates from current development team. Investors wont touch this coin until they believe there is a solid team behind this project.

They are trying to copy communication style of TenX but missing a point that TenX already has its product on apple Store and Google play. Also Developers vLog is 1000 times more effective than useless weekly review.

Enigma & Cindicator has done their ICO after Monetha and they are now coming up with their first release next week. They were working on product and hired devs way before ICO.

Perception is the key in Crypto and i am sorry to say Monetha has become Hero to Zero in under 3 weeks.

This all may sound bit harsh but that's the market sentiment about Monetha currently. And if monetha believes in continuously evolving they should take this feedback in a positive way.

I am least concerned about price but those who are dreaming for Bittrex should do a reality check . Go to Binance and check the volume of Monetha. Its first but from below. Do you really think Bittrex will care for a coin whose 24 hour volume is 10 BTC? SUbstratum has 8x more volume than Monetha.

This is what happens when you launch ICO without any active development.

Other ICO's launched with Monetha are ahead of schedule by full 1 quarter. And here even devs are not yet hired.

Weekly review 17,18,19,20 blah blah blah has no useful information at all as far as development is concerned. They only discuss about Exchanges, Office space, some events but not actual work.

there is no buzz about Monetha at all. Its amazing how it died in just 2 weeks and those hoping bleeding will stop after 25th are in denial.