He is right!
Where is big big advertise!?
They haven't finished development of the Store, eSports app and general architecture. But they are progressing according to updates by Jack. It would be a disaster to market now. It would actually be very unwise, and IMO, a clear sign of a pump&dump scam if they started doing a big marketing push right now to pump the coin. The fact they are busy developing, answering questions and not shallow hyping makes this project legit. I've learned that IOTA was similar with long periods of no updates, infighting, scam fears etc. We have monthly updates and this upcoming India conference. Just because the crazy crypto market doesn't value MGO (or GAME) like they do others like Ripple doesn't mean there's something wrong.
I have confidence in this project. The main suggestion I have is to get rid of that toxic moderator. I honestly think the price would be higher if not for him. Otherwise, I know that they are busy working on the eSports app, Game store and setting things up behind the scenes. Many things they haven't been able to share due to NDAs and to keep competitors in the dark. This is all going to pay off in the future. Hopefully they get to reveal a lot this week. That would calm a lot of the FUD.
What a very detailed information you shared here buddy, I hope those who panic will read this so they will buy back MGO tokens again.
It's like a sleeping giant that people failed to recognize it's potential, once big updates will be release, mark my word price will skyrocket, if people were able to bring the price up with some speculation only, how much more if that already happen.
I wish I knew more detailed information but I'm sure we can all wait until the 10th. Jack said that there will be a long and detailed newsletter alongside the conference. He cares about the investors and project but he is limited by what he can share. He has bosses, contracts and legalities to contend with.
What's your worry?
That it's a scam? They wouldn't have bothered doing all they they've been doing if it was. They'd definitely be trying to pump it or wouldn't even be here answering questions.
That they are behind schedule? Seems that they might be around 1 quarter behind schedule but that is insignificant and hardly an issue with most recent updates being pretty spot on with dates.
Annoyed by Bittrex? Yes, The decision to go with the ERC223 token and Bittrex not supporting it yet sucks. Many new tokens continue to be ERC20. It will be supported eventually of course, certainly this year. But there's little he can do without burning money equivalent to 1/4 of a SuperBwl ad which frankly isn't worth it. And in the end, it will be a good thing to have the extra features.
I get the concerns. I'm not happy to see prices go this low. But if you scratch beneath the superficial, there is great promise in this project. It is doing something very new. It isn't just Dropbox, Gambling or Youtube "Now with Crypto!" It's going to be a game store with wagering, tournamments and an item exchange.