Author Topic: Ever MTC will end the ICO process?  (Read 1025 times)

bkapthang

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Ever MTC will end the ICO process?
« on: May 30, 2018, 12:01:38 pm »
Hi everybody.
I have some questions asked that. MTC's ICO is free. But it is too long if the daily limit is 20 million MTC. If so, it takes at least 1 year to finish the ICO process. This will make all investors frustrated. It will slow down the development of the MTC. My idea is to end the ICO soon and give out the best products. Please comment on this topic.
Thanks very much.

abhijoysarkar

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Ever MTC will end the ICO process?
« Reply #1 on: May 30, 2018, 12:18:32 pm »
In a way, Bitcoin ICO is still not over. All coins will take till 2022 to mine and, therefore, to be distributed. Ethereum ICO is still not over as coins will continue to be mined forever (or at least till Vitalik decides that hard cap has been reached). Since MTC supply is already premined, Bruce's vision was to get MTC into as many hands as possible and not as quickly as possible.

Investing in a seed round in a startup comes with a given expectation that returns can be realised at least 5-6 years later (if everything goes well). Why should crypto investing be any different? It's not a get rich quick scheme but a carefully planned project that solves a problem and will need time for gaining wider adoption.

Have patience mate. We are all in this together.


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ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #2 on: May 30, 2018, 12:31:10 pm »
In a way, Bitcoin ICO is still not over. All coins will take till 2022 to mine and, therefore, to be distributed. Ethereum ICO is still not over as coins will continue to be mined forever (or at least till Vitalik decides that hard cap has been reached). Since MTC supply is already premined, Bruce's vision was to get MTC into as many hands as possible and not as quickly as possible.

Investing in a seed round in a startup comes with a given expectation that returns can be realised at least 5-6 years later (if everything goes well). Why should crypto investing be any different? It's not a get rich quick scheme but a carefully planned project that solves a problem and will need time for gaining wider adoption.

Have patience mate. We are all in this together.


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I agree strongly.

Good things are worth the wait. It makes no sense to supply too much at a short and it might result in massive dump too.

Just wait and see. I am fine with the current pace in fact is a little too fast now. Did you see the price @bkapthang

bkapthang

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Re: Ever MTC will end the ICO process?
« Reply #3 on: May 30, 2018, 12:47:37 pm »
I understood the problem. thanks for the answer.
I wonder that. Can the F1cx be able to integrate 1500 coins, active stocks and commodities to be traded by MTC. Does it make strong stimulus for investors?

bkapthang

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Re: Ever MTC will end the ICO process?
« Reply #4 on: May 30, 2018, 12:49:58 pm »
f1cx can rise to the number 1-2 floor world. with Binance only took seven months to become the top 3 in the world. that's a terrible development.

ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #5 on: May 30, 2018, 12:53:51 pm »
I understood the problem. thanks for the answer.
I wonder that. Can the F1cx be able to integrate 1500 coins, active stocks and commodities to be traded by MTC. Does it make strong stimulus for investors?

Bruce is a genius so let him deal with the IT stuff :)
Be patience and wait and see! Even when Bitcoin is so costly, there are still investors and Bitcoin has NO ecosystem at the moment.

Think MTC as Bitcoin with Ecosystem =)

ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #6 on: May 30, 2018, 12:54:36 pm »
f1cx can rise to the number 1-2 floor world. with Binance only took seven months to become the top 3 in the world. that's a terrible development.

Yes it can. Binance is smart and they got huge client base real fast hence right now they are able to use less fees for volume :)

But of course we can do a better job for sure!

DMG_The_Penguin

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Re: Ever MTC will end the ICO process?
« Reply #7 on: May 30, 2018, 01:21:13 pm »
I understood the problem. thanks for the answer.
I wonder that. Can the F1cx be able to integrate 1500 coins, active stocks and commodities to be traded by MTC. Does it make strong stimulus for investors?
it will be a different platform, F1cx stays as it is for now.
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abhijoysarkar

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Re: Ever MTC will end the ICO process?
« Reply #8 on: May 30, 2018, 01:22:29 pm »
I understood the problem. thanks for the answer.
I wonder that. Can the F1cx be able to integrate 1500 coins, active stocks and commodities to be traded by MTC. Does it make strong stimulus for investors?
The 1500 coin integration will actually not be with F1cx but with the new options trading platform that Bruce is working on. I don't think he said that F1cx will be affected by this. The options trading platform that is going to be released will allow you to trade crypto currency options (call option - option to buy in future at a pre-fixed price, put option - option to sell in future at a pre-fixed price) of various crypto coins/tokens. Later he plans to introduce options for commodities (for example oil, sugar etc.) and marketable securities (for example shares of apple, tesla etc.) as well. All of this can be bought and sold with MTC.

There hasn't been an options platform built on crypto as big as this. So if it offers even 50% of what Bruce aims it to be, that would be a gamechanger.


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abhijoysarkar

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Re: Ever MTC will end the ICO process?
« Reply #9 on: May 30, 2018, 01:25:25 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


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ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #10 on: May 30, 2018, 02:19:31 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


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DMG_The_Penguin

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Re: Ever MTC will end the ICO process?
« Reply #11 on: May 30, 2018, 02:20:44 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


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Bruce Lee - Legendary Kungfu Master
Bruce Wayne - Batman

All are heroes!

difference is one is fairy-tale.
« Last Edit: May 30, 2018, 02:23:49 pm by DMG_The_Penguin »
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ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #12 on: May 30, 2018, 02:23:04 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


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difference is one is fairy-tale.

Bruce Lee - Legendary Kungfu Master
Bruce Wayne - Batman

All are heroes!

But both are good people!

abhijoysarkar

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Re: Ever MTC will end the ICO process?
« Reply #13 on: May 30, 2018, 03:41:08 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


Sent from my iPhone using Tapatalk

difference is one is fairy-tale.

Bruce Lee - Legendary Kungfu Master
Bruce Wayne - Batman

All are heroes!

But both are good people!

...Bruce Springsteen, Bruce Willis - so many legendary Bruces
Marinecoin - Earn rewards, trade options and futures on crypto/stock/gold/commodity
https://www.youtube.com/watch?v=AL1GA3uGDLI&feature=youtu.be
Fast Txn (>5x wrt BTC), Low Fees, AI maintained blockchain, No Miner Hegemony

ayuluv

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Re: Ever MTC will end the ICO process?
« Reply #14 on: May 30, 2018, 04:01:22 pm »

Bruce is a genius so let him deal with the IT stuff :)
The MTC coin should say "In Bruce We Trust"


Sent from my iPhone using Tapatalk

difference is one is fairy-tale.

Bruce Lee - Legendary Kungfu Master
Bruce Wayne - Batman

All are heroes!

But both are good people!

...Bruce Springsteen, Bruce Willis - so many legendary Bruces

Bruce = Legendary!

 

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