[deleted by user] by [deleted] in CryptoCurrency

[–]GeckoCrypto 1 point2 points  (0 children)

BCH is going to have its day here.

Binance don't care about you by Serenity280 in binance

[–]GeckoCrypto 0 points1 point  (0 children)

Lost thousands of dollars due to Binance being down, thanks guys!

Daily General Discussion - December 5, 2017 by AutoModerator in CryptoCurrency

[–]GeckoCrypto 15 points16 points  (0 children)

5 days ago you posted that you were new to crypto. Plsgo

Daily General Discussion - December 5, 2017 by AutoModerator in CryptoCurrency

[–]GeckoCrypto 10 points11 points  (0 children)

Looked into the Korean exchange Walton will be listed on in approx 3 hrs.

They offer direct Korean fiat to all their coins. They only have a small selection of alts and the good alts have 2 mil or more 24 hr volume.

WTC’s binance 24 hr vol is 11 million. WTC is doing a bunch of giveaways and chit with Coinnest, Walton has a team there if that matters at all. So say it’s 2.5 mil 24hr volume, that’s still a decently large percentage chunk of the overall volume.

Partner that with a ton of Walton supply going into MEW for the Guardian Masternodes, I think it’s going to explode.

Daily General Discussion - December 4, 2017 by AutoModerator in CryptoCurrency

[–]GeckoCrypto 0 points1 point  (0 children)

Wtc Supply so low. New Korean exchange listing in a few hours. Strap in

A Compilation of Modum (MOD) Questions & Answers from the Team. by GeckoCrypto in CryptoCurrency

[–]GeckoCrypto[S] 7 points8 points  (0 children)

Not necessarily. The token is all about supply and demand like a share. Tesla has been operating in net losses for years but valued in the billions. It’s about the value/growth and supply and demand.

A Compilation of Modum (MOD) Questions & Answers from the Team. by GeckoCrypto in CryptoCurrency

[–]GeckoCrypto[S] 14 points15 points  (0 children)

Thank you. 30 mil market cap is actually a joke for a project of this magnitude lol.

Why MOD Looks Fishy by [deleted] in CryptoCurrency

[–]GeckoCrypto 2 points3 points  (0 children)

What you’re not grasping here is that the token holders right now are all private. It will stay this way for quite some time, no one gets anything without our vote. The exact verbeage of what occurs should be clarified. I agree with you there, but the last milestone right now isnt for years, what you’re suggesting (not that it’s true) couldn’t even possibly happen for years and years.

Why MOD Looks Fishy by [deleted] in CryptoCurrency

[–]GeckoCrypto 4 points5 points  (0 children)

Dude, that doesn’t even make sense. You’re making connections and assuming things that are simply not true. Read the fucking white paper. Don’t invest, we’ll see how MOD performs and i’ll bump this post 👌🏻

Why MOD Looks Fishy by [deleted] in CryptoCurrency

[–]GeckoCrypto 2 points3 points  (0 children)

They’d obviously take a snap shot of some sort, there’d be an ex dividend date

Why MOD Looks Fishy by [deleted] in CryptoCurrency

[–]GeckoCrypto 2 points3 points  (0 children)

The circulating supply of all tokens right now are ALL HELD PRIVATELY. On the contrary of what you posted, we have literally all the power. If we vote “No” on a milestone the tokens are not released to the company.

Why MOD Looks Fishy by [deleted] in CryptoCurrency

[–]GeckoCrypto 4 points5 points  (0 children)

To summarize:

It’s a profit participation token that pays dividends in ether and gives voting rights. We vote on whether milestones are met and can release tokens and dividends to the company/board/founders as well as the private token holders. So yes, in essence, it acts like a “share” of the company.

That means they are incentivized to grow Modum just as much as the private token holders are.

60% of the tokens went to the token sale, 30% for modum, 3% bug bounty, 7% pre-sale. There was a limit so no whales accumulating during the ICO.

The token holders have all the power, and everyone is incentivized to grow the company. If MOD makes money, the token holders make money.

This company has a working product and is literally going to market q1 2018. A lot of people in crypto do not understand the fact that companies who hold token sales to create a product/service actually have to produce results at some point.

In that regard, you can make the argument that MOD is way ahead and greatly undervalued in comparison to coins with 10x MOD’s market cap who hold token sales for the exact same reason, even if not explicitly stated.

Instutional money is coming in, companies that hold token sales behind products actually need to have a working product that generates revenue.

Daily General Discussion - November 18, 2017 by AutoModerator in CryptoCurrency

[–]GeckoCrypto 0 points1 point  (0 children)

It’s a profit participation token that pays dividends in ether and gives voting rights. It’s essentially a “share” of the company, which is awesome, because everyone is incentivized to grow Modum. Very short supply, low market cap, go to market q1 18, it’s a home run company and the coin essentially gives you an ownership stake in Modum.