[ANN] ICONOMI - Fund Management Platform - page 150.

LeonardoDaVinci

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Activity: 210

Merit: 100

Quote from: Coca-Cola on January 06, 2017, 08:39:40 PM

Quote from: ?? on ??

Quote from: LeonardoDaVinci on January 05, 2017, 05:04:38 AM

Quote from: ?? on ??

In response to a question on news by daparski in slack, jaka provided the following response:

jaka [6:35 AM]
we are working to be ready for next round of early access
[6:35]
we'll share more in the following few days

https://iconominet.slack.com/messages/general/details/

Roger that....
Reporting to launch station immediately.
Over and out...Khrrrrrrrrrrrrr

My guess is Tuesday or Wednesday of next week since those are the preferred launch days of ICONOMI devs.

ICN hodlers be like:

Are they still gonna do a round of early access testing or will it be a public launch ?

That's what Jaka said...

rgornik

sr. member

Activity: 532

Merit: 253

Quote from: gomados on January 07, 2017, 02:13:53 PM

WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!

exactly. I counted last few buy orders together and sell orders together and numbers were almost the same

gomados

member

Activity: 96

Merit: 10

WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!

rgornik

sr. member

Activity: 532

Merit: 253

is there a pump? price hit 370 for a second

bogdanbm

newbie

Activity: 62

Merit: 0

Quote from: pinkman12345 on January 07, 2017, 01:37:44 PM

Quote from: jarsmp_37 on January 07, 2017, 01:30:36 PM

Quote from: pinkman12345 on January 07, 2017, 01:29:38 PM

No more walls till 40k now

Time to Lambos =)

There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo

In these times, a single person can double the price if buy or null the price if sell, in both directions everything could go very fast. I hodl becuase I am confident that the direction will be north

In top 100 currencies there only 4-5 that actually deliver a working product, icn is one of them, and with the brightest future my opinion.

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: pinkman12345 on January 07, 2017, 01:37:44 PM

Quote from: jarsmp_37 on January 07, 2017, 01:30:36 PM

Quote from: pinkman12345 on January 07, 2017, 01:29:38 PM

No more walls till 40k now

Time to Lambos =)

There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo

How do we know there's not accounts or bots loaded with lambo money that have been buying in small chunks to avoid setting off a pump like they would if they showed their hand on the buy side?

For example, within the past 6 weeks, these 6 accounts have withdrawn a net total of 1.5M ICN from Kraken, so there may be some hidden lambo buy support:

https://etherscan.io/token/ICONOMI?a=0x2876628d9923596298caa40ebc4dbc5b3af2350f
https://etherscan.io/token/ICONOMI?a=0x79786a6751bd580823b2bbcd0d02803466861ed5
https://etherscan.io/token/ICONOMI?a=0x6fd78c5e9b84a2abb8fdfaed1428726200af5a9d
https://etherscan.io/token/ICONOMI?a=0x9f275a28d338c81a9b1186415bf01ce71d79c68b
https://etherscan.io/token/ICONOMI?a=0xfceedd2936ae58540a2c5e90fa1b6e0df91c07a2
https://etherscan.io/token/ICONOMI?a=0xe911612488419d526ac12f561f9323d71c7ded9b

taipei

full member

Activity: 171

Merit: 100

By this time approximately, last year, the escalation of Eth began. Grin

pinkman12345

legendary

Activity: 1070

Merit: 1021

Quote from: jarsmp_37 on January 07, 2017, 01:30:36 PM

Quote from: pinkman12345 on January 07, 2017, 01:29:38 PM

No more walls till 40k now

Time to Lambos =)

There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo

honolulumark

hero member

Activity: 798

Merit: 500

Knowledge is power

Quote from: jarsmp_37 on January 07, 2017, 01:30:36 PM

Quote from: pinkman12345 on January 07, 2017, 01:29:38 PM

No more walls till 40k now

Time to Lambos =)

No, please, no more lambo-posting.
Post some gifs instead.

jarsmp_37

newbie

Activity: 3

Merit: 0

Quote from: pinkman12345 on January 07, 2017, 01:29:38 PM

No more walls till 40k now

Time to Lambos =)

pinkman12345

legendary

Activity: 1070

Merit: 1021

No more walls till 40k now

rgornik

sr. member

Activity: 532

Merit: 253

Big buy wall is down and sell wall is just at 37k now

Nachbar90

full member

Activity: 238

Merit: 100

Quote from: favdesu on January 07, 2017, 12:59:47 PM

Quote from: MalReynolds on January 07, 2017, 10:11:08 AM

Quote from: fdgara on January 07, 2017, 09:20:03 AM

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.

I AM HODLING.

I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good.

Math is not the problem, reaching the point of success is what's challenging

But with having already one article about Iconomi in the Forbes magazine, I think they have good relationships and their marketing team will do a great job

favdesu

legendary

Activity: 1764

Merit: 1000

Quote from: MalReynolds on January 07, 2017, 10:11:08 AM

Quote from: fdgara on January 07, 2017, 09:20:03 AM

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.

I AM HODLING.

I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good.

Math is not the problem, reaching the point of success is what's challenging

ArpFlush

hero member

Activity: 623

Merit: 501

Quote from: Daparski on January 07, 2017, 10:40:33 AM

Quote from: MalReynolds on January 07, 2017, 10:11:08 AM

Quote from: fdgara on January 07, 2017, 09:20:03 AM

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.

I AM HODLING.

Don't we all like it when Mal does these calculations?

I don't like maths nor calculations, except when Mal does them Cheesy

DimiZb

sr. member

Activity: 403

Merit: 250

Quote from: Raizou on January 07, 2017, 12:21:57 PM

It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?! Cool

ICN is a weird one, it was dumped under ico price, but it recovered very soon, with tiny investment on golem, it pumped to 40k sat, but golem is bad investment, under ico too.

Raizou

sr. member

Activity: 758

Merit: 250

It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?! Cool

ecawyna

sr. member

Activity: 294

Merit: 250

🌟 æternity🌟 blockchain🌟

that wall is gone Huh

Bitsyo

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Activity: 68

Merit: 10

Quote from: jarsmp_37 on January 07, 2017, 10:59:45 AM

Quote from: Bitsyo on January 07, 2017, 10:38:46 AM

ICN rising and holding value really nicely - it did great during that BTC crazy run upwards.

I make some profit to, and wait the 350K down to the moon!! Grin

It will come just hold and wait, ICN has yet a lot to show.

B!gSmoke

sr. member

Activity: 514

Merit: 353

Respect has to be earned, just like money!

Quote from: fdgara on January 07, 2017, 11:38:35 AM

Quote from: Daparski on January 07, 2017, 10:40:33 AM

Quote from: MalReynolds on January 07, 2017, 10:11:08 AM

Quote from: fdgara on January 07, 2017, 09:20:03 AM

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.

I AM HODLING.

Don't we all like it when Mal does these calculations?

Yup, it was spot on! Thanks for that Mal.

Usually company shares are valued based on 6% dividends return. The fact we haven't included ICNX, ICNP and only used conservative figures based on ONE exchange (volume from all exchanges combined in last 24 hours is close to $300m). So even on very conservative calculations price is extremely undervalued. We haven't even started to speculate on how much money will come in from OUTSIDE of crypto Cool

I was about to say that. Iconomi doesn't aim at those who already are in crypto, they aim for these outside of it - the old economy! There is so much more money than our 16.8 Billion. I hope their affiliate program will be on point so everyone has a good reason to drag in a lot of new people. I already dragged my mother, father and some close friends in! Grin

Topic: [ANN] ICONOMI - Fund Management Platform - page 150. (Read 1253941 times)