DGB is doing well but I can't be in both right now.
damdamm
⋅
@crypto_gunther, No crypto Gunther I did not catch it on $1 :) That was just assumption.. :) I was late for that kind of price. From now it is 25 times up to 200 so that's possible for each worth coin. I hope DGB also :)
crypto_gunther
⋅
@damdamm, Same here. I arrived late as well. Yes, 25 times gain is reasonable for good alt coins. Good luck to both of us during this bull run!
damdamm
⋅
@crypto_gunther, I also can't be in both at one time. I am currently on DGB boat. Are you expecting MCO to go better then DGB ? Or quicker ? What is advantage here :) ? Product ? Marketing ?
crypto_gunther
⋅
@damdamm, I'm not sure if there is an advantage in terms of price gains. Both are fairly explosive and have wicked corrections. I think crypto.com is more important to the crypto space since it solves liquidity and ease of use. MCO team is getting ready to ship VISA cards to Asia which should produce a huge spike in price.
Marketing is superior and the product is better positioned for global adoption in my opinion.
damdamm
⋅
@crypto_gunther, Fair enough. I think you will get bunch of money here. Shipping Visa is one thing and another fact is that people will have to lock significant amount of MCO in order to get it. That will cause additional demand on MCO tokens. However questionable is what MCO Kris will do with price when half of world will be with locked position... You have to remember about this in my opinion. I must watch your MCO ideas to be up to date. Keep up and good luck.
crypto_gunther
⋅
@damdamm, Excellent points! Users not only have to lock tokens to reserve VISA card but they also have to keep them in a locked state if they want the perks on an on going basis. In theory, the price should reach incredible heights since the majority will lock their tokens long-term for two primary reasons:
1. Card incentives
2. Appreciation of asset over the long term
And, once released, if cardholders need fiat to spend today (without spending their crypto) then they can take out a line of credit by using their crypto as collateral. If they use MCO as collateral they will receive a higher credit line (50% more).
The max supply is capped at 31.59 million. This should drive the price violently up once the demand far exceeds the supply available for purchase.
Eventually, you won't need a crytpo exchange if you have the MCO VISA + app. This is a one-stop shop. Meaning, having the MCO VISA + app implies the following:
1. You have access to your money anywhere in the world in your own native currency for spending
2. You can buy and sell crypto on the app which eliminates the need for an exchange (more coins will be added later)
3. You can send money quickly to family and friends anywhere in the world (no fee if you send MCO!)
damdamm
⋅
@crypto_gunther, Great knowledge. Thank you for share. What card is best choice in your opinion ?
crypto_gunther
⋅
@damdamm, Yup, no problem. The black card is of course the best but requires the most at 50,000 tokens. This was designed for high net worth individuals. The best card to choose really comes down to how many MCO you can afford to lock over a long period of time. The higher tiered cards give you the best perks and allow you to hold your MCO long-term. But, not everyone is in a position to lock up a high number of tokens. The ruby red card (50 MCO) is a great starting point. You can always upgrade to higher tier card before cards ship. Have you reserved one yet? If not, you can use my referral link.
And MCO to $200 would be nice deal with average of $1 :)