$MTL

MTL has had no updates in a long time. Dev team purposefully doesn't release many updates, so weak hands usually drop the coin. MTL is at the lowest point it has been in about a month.

A news update is coming within the next hour or two.

Full disclosure, this is my biggest long term hold. Read into it though and I think you will see why. Last chance to buy before the rise. I wouldn't even be posting this here but I already liquidated what I could and converted to MTL within the past couple of days.

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not buying your bags sorry user

MTL is good, but these retards hate long term coins, they like shitty pumps&dumps never heard before coins, buying them ATH...Just let them do it...

> Dev team purposefully doesn't release many updates

I dont want to dmor, please shill to me

Yep, many people here just wana chase highs. Not point promoting good coins to people who will panic sell at the first dip

OP, thank you for the info. Can I ask how you know they're going to make an announcement? Reliable source like slack?

Seems risky to buy without knowing some more details

this

Not purchasing until we see solid evidence of potential gains in the next hours

You guys are sleeping, this is going to be synthetic cash. Merchants and individuals will be able to use a Metal account and pay with their phone/future card and receive MTL as a bonus.

Look up the wallet. Beta soon.

Looks good!

Now that TenX and Monaco are both looking like scams, MTL, OMG and maybe Dash are the only coins left competing against one-another. I would honestly be surprised if MTL doesn't pass 30 by end of year.

there are forces behind metal right now that are accumulating

it's going to be 20 dollars by october, and 40 dollars by january

just made a thread on whats the difference between metalpay and my chase debit and credit cards also chase quick pay and venmo

The supply is super low

the marijuana thing is the only reason i like it at this point because i believe in the marijuana industry but can someone in the slack please tell me or ask what they are doing about marketing teams and promotion strategy, whos part of that development aspect? how many people? how do i know the weed shops will start using this shit instead of keeping that atm on sight and collecting a transaction fee

you control your own money, privacy, asset appreciation, rewards, etc

It's only risky if you consider the chance of not getting IMMEDIATELY rich risky.

CEO used to work in the marijuana industry and already has 140 merchants signed up for immediate rollout after successful beta testing, and they will because of how PoPP works its free cash and solved their issue of too much cash a win win
Marketing begins in October theyve been hiring a lot this month and will be announcing the new team members soon
Also hes quite close with Richard Branson and has hinted about an upcoming announcement to do with that coming October

I own a fuckload of Metal for good reason it truly has a very bright future, watch some interviews with the CEO Marshall or his ama on Reddit this project really is in good hands

i can pretty much do all of this already, l get miles and rewards , i can get my own money out (physical or digital) privacy is pretty good, im not doing anything illegal so that really doesnt concern me, i can trade listed nasdaq

what do you think mtl price will be mid october and when do you expect it to hit 20, sauce of 140 merchant signed up? my buddy who actually has a farm in cali is the one who told me about mtl, hes been in from the start

As long as BTC doesnt get BTFO i can easily see it hitting $20-$25 He's on the slack every day and has basically said October will be a big month with plenty of announcements and news, public alpha opens soon and if all goes well beta shortly after that it will go huge as soon as thats released and people get a look
Source is from the cryptocopia ama transcript which is on the Metalpay slack somewhere if you Google it, really worth a read

>1

>and receive MTL as a bonus.
You realize this aspect of Metal is an unsustainable ponzi scheme, correct?

> Dev team purposefully doesn't release many updates, so weak hands usually drop the coin.

wouldnt it implode
who will be paying for all rewards earned
i remember him saying the percent mtl you get back is relative to the value of the metal coin at tht time iirc

This

Theres a weekly limit

They posted on Twitter that there is a Dev update coming, I still believe mtl will be very big

so there's a weekly cap on an unsustainable ponzi scheme

You're not getting the point, dumbass. The bonus is to incentivize participating merchants to adopt the platform. Both the merchant and the customer receive 5% MTL for each transaction. The more widespread and adopted the platform is, the more MTL will succeed. It IS unsustainable by design, this rewards early bird adopters.

Thanks OP, you were telling the truth here! Nice price spike too :P

blog.metalpay.com/metal-dev-update-1/

Go MTL!!!! MOOOOOOOOOOOOOOOOON

This is it, MOON!

youtube.com/watch?v=HvvzosGbWbE

>Dev team purposefully doesn't release many updates, so weak hands usually drop the coin
They purposely reduce their projects funding to increase our gains? wow

"The MyEtherWallet option allows you import a keystore file and basically use your MyEtherWallet inside the Metal application." easy adoption easy gainz

I just bought more MTL

>ponzi scheme
then flight points at an airline are a ponzi scheme too

Nakamoto tried to incentivise coin distribution by making it minable, but once there were critical mass, the algorithm made it too hard to produce coins on a normal PC. Now, ironically, bitcoin wealth is centralized.

Metal tried to incentivise coin distribution by having coins minted upon use of the wallet.

It's not more or less of a ponzi scheme than bitcoin is

Who's this sex demon?

The inflation must be insane if everyone get +5% at every transaction.

It's "up to" 5%. It's not open source I think, but it must go down and I'm interested to see how they'll try to manage abuse (people will surely try to geberate multiple wallet and send themselves money back and forth). What I know is that 19mill metal are out, 21mtl are to be minted by the wallet but I'm not sure how many are reserved for devs and investors.

just looked it up

13 million MTL starting pool (now at 19)
26 to be minted (now at 21)
16 for the operation/project
4 for them/employees

Sell me on metal.

Be careful with MTL

WolfofPoloniex is starting to shill it

Whoops didn't see this thread here. Just made a post about the TA on MTL

The best place to stay up to date is the slack.
Last i heard (earlier this week) they were still looking into hiring a social media operator / marketer type.

thats exactly what they need, after i buy in im going to ask if i can promote the denver area

What? No. no.

Literally last chance to ever get MTL at this price

thats what it looks like