MCO/ USD .Price likely to descend to $1.66steemCreated with Sketch.

in #crypto6 years ago

 This is a possible scenario especially if the crypto.com team fails to  deliver (again!!) VISA cards to US residents. I can't help but feel  disappointed (and downright disgusted) with their efforts. The team is  notorious for making investors think that cards are on the verge of  shipping when in fact they never actually ship. It's true that some  select individuals (early adopters) have received their VISA cards along  with some in Singapore. But, you have to wonder what road blocks they  have encountered which they are keen on keeping close to their chest.  Many long-term investors are sick of hearing empty promises. What specifically  is preventing the team from delivering cards to US residents? Why did  they collect US addresses months ago (without proof of residency) and  still no cards? If the team has over 100 members then why do they fail  to deliver? They seem rather incompetent. Best case scenario, they are  inexperienced. Or, they are too ambitious and so they cannot obtain  lofty goals. Or, perhaps they are too divided and unfocused venturing  off into payment processing and CRO token?  
 

Why is there no healthy growth on the chart? Every move is a pump in  dump. The token cannot hold its value. We need to start seeing healthy,  organic movements on the chart. It's always a very high wick.  MCO    has only known bearishness. The app is cool (along with the perks) but  it is all meaningless without the cards! The team needs to wake the  **** up and start delivering a real-world product to thousands of users.  Over 150,000 people have reserved a card but no tangible results except  by an exclusive few. I am not impressed with their efforts. Do better.  Stop saying we are so close to issuing cards. Cut the bull****. Set  concrete    dates and deliver. The team fails to hold themselves accountable for  their efforts. No one cares about Q and A sessions with vague,  meaningless responses. Deliver the cards soon or RIP when every single  investor bounces because the team can't keep their word.  
 

Crypto.com is very persuasive and keen on luring you in to their trap.  Sure, I'm a long-term holder and believe that this team will eventually  get their **** together and actually deliver a tangible product. But,  until they do, I am super  bearish  even if  Bitcoin   and major alt coins go to the moon.  MCO    will go to the grave unless they start to give the people what they  said they would give them. My confidence in the team approaches zero as  time goes to infinity because they promise cards soon but their  definition of soon is absolutely arbitrarily long. If they say something  will be done in days, then expect months if not years. Crypto.com is  not the dream team. My review of this project will not change without  irrefutable, quantifiable, and tangible proof.
 

Many feel this way. If you don't believe me, go to Reddit and find the  most dissatisfied participants that I have seen in the entire crypto  space.     
 

Who knows, maybe the crypto.com team will stumble across this post and  take it as constructive criticism. I won't hold my breath since they  have grown so complacent. The team may very well be ultra-compliant with  regulators (which is good!) but they absolutely suck at disseminating  information with truthfulness, integrity, transparency, and clarity.  They have only known vagueness. They give you the illusion that all is  well. Meanwhile, skeletons are lurking in their closet. How about you  give the people the truth for once? No one is interested in the facade.  Communicate the road blocks. Be specific. Be frequent with updates that  actually matter. Your silence pisses me off. But what pisses me off more  than silence is unfounded confidence and excitement of a product that  doesn't actually exist. Stop lying. A card in the hand of a few does not  have equality with a card in the hand of millions.
 

You want global mass adoption of a non-existent product. Deliver the  product incrementally wherever it is legal. You don't need to do it all  at once. Mass adoption will come eventually if you continue to add  jurisdictions that become crypto-friendly. Deliver the cards state by  state if necessary. Stop waiting around. You will lose your faithful  supporters if you do.       


 I have been using the Crypto.com Wallet & Card App to buy, sell,  track and send crypto. It comes together with a no-annual-fee metal MCO  Visa Card and some great perks like cashback  and airport lounge access. To get you started, I am sending you a  sign-up bonus of $20,00 USD. Download the app and sign up, it's super  easy. Use my referral link https://platinum.crypto.com/r/1nq4s5d0r6  with my referral code: 1nq4s5d0r6 to claim your bonus. This limited  offer is on a first come first serve basis, make sure you sign up before  the others!

Cheers! 

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