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RotiWokeman
Aug 31, 2017 4:40 PM

Things aren't looking good for this questionable project 

Description

I've found that many people bought into Monaco during the run-up, but upon researching this company, there are a lot of red flags.

-ICO came out of nowhere in the midst of a huge marketing campaign.
-TenX already has a viable product and this looks like more of a copy.
-The logo looks a lot like an already existing logo of another project
-The company's mention of being involved with Visa has since been removed from their websites
-The technical analysis is telling me to expect a bounce at best beyond this point

I mainly sourced this from Bitcointalk forums:

bitcointalk.org/index.php?topic=1921793.40

I got burned on this one, took a pretty big loss for not covering after the run-up. A foolish decision.

Trade closed manually

Comments
mightytrader
I'm in Gnosis now. Gonna stay put.
mightytrader
Same here but just bough back in around 24
mightytrader
@mightytrader, and sold at 26... ;)
RotiWokeman
@mightytrader, you sir are a legend.
RotiWokeman
@mightytrader, best of luck to you. You're sort of holding my bag now.
mightytrader
@stoneba, No.. I got the hell out. That coin scares way too much. It started going down. I scalped a little but too risky.
RotiWokeman
@mightytrader, at least you'll be able to buy new britches for crapping yourself on the way out xD
mightytrader
@stoneba, What are britches? Tried googling it, Idk though!
RotiWokeman
@mightytrader, haha it means underwear.
mightytrader
@stoneba, lol! Ah, now I understand. xD
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