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Topic: [ANN] ICONOMI - Fund Management Platform - page 104. (Read 1253942 times)

hero member
Activity: 933
Merit: 500
Wow, Golem already doubled its marketcap and ICN doubled their investment Smiley
member
Activity: 74
Merit: 10
0.0005 is just 140BTC away  Wink
full member
Activity: 168
Merit: 100
ICONOMI enthousiast
Nice buy wall, go ICN go!  Smiley
hero member
Activity: 1876
Merit: 512
Please explain me where are you trading this coin?
https://mercatox.com/

I have also find on Yobit excange also ICN but im not sure is this is same coin?
https://yobit.net/en/trade/ICN/BTC

 I  Cannot find it in OP and i dont have time to read 1000 pages,

Thanks!

Don't be fooled, the ICN on Yobit is not ICONOMI tokens, you can onlt trade ICONOMI (ICN) on Kraken and Liqui.io for now
hero member
Activity: 788
Merit: 1000
All these people asking questions, I love it. We are all learning. The platform is only weeks if not days away. We have a new pro American president this morning, things are looking up.
legendary
Activity: 3178
Merit: 1054
The Platform is Almost Complete!


great news! fasten your seatbelts! 
its a good thing i bought some at 41k.. its going to be a hell of a year for us. 2017 will be very abundant for ICN holders. which can be more profitable owning ICN or ICNX?
full member
Activity: 157
Merit: 100
The Platform is Almost Complete!
sr. member
Activity: 532
Merit: 253
I wish the volume was high enough for kraken to do margin on ICN that would seriously make me retire...


No stress, everyone who holds more than 10,000 ICO will be able to retire in 2018...

That would be nice.

For ICNX is it going to be tradable like any other token? Therefore will be pumping and dumping or do you litterally buy it and see profit coming back? I cant get a clear understanding of this.

ICNX doesn't have dividends, it simply tracks the value of the basket of cryptocurrencies it is backed by.

If you deposit capital into index fund on Iconomi platform, then new ICNX tokens are created and you can withdraw them.

If you deposit ICNX tokens to the index fund on platform, then the ICNX tokens are destroyed and you can withdraw capital.

This means the supply of ICNX (an ERC20 token on ethereum) will grow/shrink as people deposit/withdraw capital from index array.

How are dividens payed out then? I read that holding Icn wouldn't pay out. I'm also a little confused with icnx :/

YOu will get divdents as long as you hold private key. So you will need to move your icn to wallet or Liqui or maybe devs will make Iconomi wallets for us
member
Activity: 84
Merit: 10
The sell side has never been this THIN, and the buy side has never been this STRONG.

ICN will most likely break out above 0.00050 barrier when Alts rally this weekend.

Buckle up!
.0005 will be the new floor this weekend.



Lets's do this guys

0.00050 this weekend


ICN is gonna have a great weekend  Grin

The size of the Buy support certainly indicate a big rally coming soon.

0.00050 this weekend

0.00100 at Iconomi launch

hero member
Activity: 910
Merit: 508
Please explain me where are you trading this coin?
https://mercatox.com/

I have also find on Yobit excange also ICN but im not sure is this is same coin?
https://yobit.net/en/trade/ICN/BTC

 I  Cannot find it in OP and i dont have time to read 1000 pages,

Thanks!

https://coinmarketcap.com/assets/iconomi/#markets
hero member
Activity: 588
Merit: 541
Iconomi will rise even more.
hero member
Activity: 560
Merit: 500
Please explain me where are you trading this coin?
https://mercatox.com/

I have also find on Yobit excange also ICN but im not sure is this is same coin?
https://yobit.net/en/trade/ICN/BTC

 I  Cannot find it in OP and i dont have time to read 1000 pages,

Thanks!
member
Activity: 84
Merit: 10


Enough info?  Cool This was just posted in slack.

$1 ICN here we come!



Ohmygawddddddddddd

Lets do this

Peerplay, starting at $2-3, peaked at $39 - 40

Can iconomi do that too?


When you look at the potential of ICONOMI, nothing is impossible!


That's right folks. You better believe it. On this historic day.  Smiley



When people in US wake up today, they will:

BUY, BUY, BUY, BUY, BUY, BUY, BUY...




Wow! Great news! Where did Jani post that ?


ICONOMI Slack
hero member
Activity: 952
Merit: 500
I wish the volume was high enough for kraken to do margin on ICN that would seriously make me retire...


No stress, everyone who holds more than 10,000 ICO will be able to retire in 2018...

That would be nice.

For ICNX is it going to be tradable like any other token? Therefore will be pumping and dumping or do you litterally buy it and see profit coming back? I cant get a clear understanding of this.

ICNX doesn't have dividends, it simply tracks the value of the basket of cryptocurrencies it is backed by.

If you deposit capital into index fund on Iconomi platform, then new ICNX tokens are created and you can withdraw them.

If you deposit ICNX tokens to the index fund on platform, then the ICNX tokens are destroyed and you can withdraw capital.

This means the supply of ICNX (an ERC20 token on ethereum) will grow/shrink as people deposit/withdraw capital from index array.

How are dividens payed out then? I read that holding Icn wouldn't pay out. I'm also a little confused with icnx :/
legendary
Activity: 1358
Merit: 1014
What is a backup? You mean write your private key down somewhere?

in myetherwallet - download the wallet and keep it safe.

What is myetherwallet? Isn't this a web wallet?

How do you remove ETH dividends? You have to hold them somewhere? How do you recieve the dividends if you are holding them in Mist or whatever?

This is so damn complicated.

Just tell me:

1) How to LOCALLY safely store the coins (just like wallet.dat in Bitcoin Core stores the coins locally... I don't want paper wallets or anything, I want to be able to make digital copies)

2) How do you receive dividends? Do you have to hold them on Iconomi Platform thing? What's the point ICNX tokens?

full member
Activity: 168
Merit: 100
ICONOMI enthousiast
when you watch dash,monero,ethereum go up 5-10$ USD. why can't ICN do the same? we need it to get on polo though otherwise no one will even know this exists.

Maybe.

Atleast it's not a pump 'n dump like the other 100 coins on poloniex.

Oh and Kraken only lists tokens/coins when they're certain it's gonna mean something to the crypto space.
member
Activity: 127
Merit: 10
The hype is so real: https://twitter.com/Altcoindreams/status/822470972766912512
Someone managed to get a static sneak peak of the platform.
legendary
Activity: 1025
Merit: 1000
when you watch dash,monero,ethereum go up 5-10$ USD. why can't ICN do the same? we need it to get on polo though otherwise no one will even know this exists.
full member
Activity: 168
Merit: 100
ICONOMI enthousiast
Nice volume, shouldn't take to long before we pass $0.40  Smiley
newbie
Activity: 45
Merit: 0
I wish the volume was high enough for kraken to do margin on ICN that would seriously make me retire...


No stress, everyone who holds more than 10,000 ICO will be able to retire in 2018...

That would be nice.

For ICNX is it going to be tradable like any other token? Therefore will be pumping and dumping or do you litterally buy it and see profit coming back? I cant get a clear understanding of this.



In theory, it should work just like an ETF (Exchange Traded Fund). https://www.youtube.com/watch?v=fT7h-TxAUvI


The real benefit though is you don't have to worry about securing 12 different wallets and having to rebalance your positions every few weeks. It is all done for you. I would much rather own ICNX, compared to having 12 different cryptos on exchange that can get stolen or hacked. I also don't have time to manage 12 different wallets and the private keys and keeping track of everything I own.

The cherry on top is each time some one buys or sells ICNX on Iconomi website, 1% fee is charged and paid to ICN holders every week. On top of that, 3% annual fee is charged for account maintenance and is paid to ICN holders as well.

Personally, majority of my bag will be loaded with ICN, but will also have small amount of ICNX to keep me entertained while dividends is rolling in  Smiley
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