MCO - Monaco Token price finds bottom ~ $5
It has been a rough couple of days on cryptocurrency markets (likely triggered by China fears, and perhaps comments by JP Morgan CEO against Bitcoin). Also some profit taking could be at play.
Today seems to mark a shift in this short term trend. The China issue will sort itself out, and no doubt in the end, some regulation to protect consumers is a good thing for the industry as a whole. "Buyer beware" implies knowledge and understanding, and if we want more people to participate in the decentralized space, we will need to have non technical individuals participating.
MCO coin also crashed (more than others) but seems to have found some stability. No news from them, but the mobile App indicates around 12,000 users are preregistered for cards. Timeline still September 2017 for "Card Program Approval" (milestone #12 within the App's roadmap page).
Two more weeks left in the month, so we'll see!
Bought it yesterday making it the biggest part of my portfolio (almost 65%) and HODLing. Monaco is simply the project that had given me the single best first impressions. I believe Dash and NEO can do better. But Monaco and WTC are the kings of undervalued coins.
Waiting for All Time Highs. The project is doing well, so shoot up already!
the cards are pretty cool too...hope they get visa or mc approval soon
I've seen high end even invite only cards that looks worse than the lowest tier card from Monaco. I also believe they have the right vision. Vision and people is the most important part of a buisness. That's why I'm a massive fan of Dash and its ripoff PIVX.
Monaco also had the best Into period. They sold their vision simple and elegant. No hype. No DECENTRALIZED!!! bandwagon. They just want to go mainstream and they focus on the more crypto friendly regions. It's a perfect plan.
I also have high hopes for WTC. Check it out if you haven't already.
Thank you so much for the insight as always @luup