Topic: [ANN] ICONOMI - Fund Management Platform - page 169. (Read 1253941 times)

I prefer to add a coin Zcash, other than the coin coin to be added to Coinbase, rather than Ethereum Classic or coin that has not been so good to add to the Coinbase, so I prefer to coin Zcash ..

Brian Armstrong of Coinbase is asking users which coins they should list next:

https://docs.google.com/forms/d/e/1FAIpQLSc2fiKVGs8bBWSzUols16GjetJ0aWx4N1J10SP0NwhG6rdtfg/viewform
 

Please correct me if I am wrong, but why do alot of people keep going on about how ICNX is performing as if it is an active real fund?

I thought it was a mock fund, purely to show how ICNX could perform.

It is not started yet to my knowledge, we dont know what Iconomi are still holding from the ICO.

I understand it is a good guide to how ICNX could perform, but why are some talking about it as though it is live, and those breakdowns of the fund are actually in place?

You never know.

I never experienced it, have problems in withdrawals in kraken, it did not take long to wait for a problem case of withdrawal of funds, may, Iconomi must add the site a good trade, for the withdrawal of large amounts, as well as quantities small, so there is no problem like this ..

If they get results, I don't give a damn who it is.

A 21 years old kid who doesn't even know how to properly wipe his ass wants everyone to put money in his fund. I would not put a dime in an iconomi fund manager like this one. 

It's mean the hot wallets are empty and wait until the hot wallets get filled by the team. It will be taking a day.

It looks like you got something wrong there. Bitcoin is only 15% of ICNX. In total we got 11 different currencies and if just one goes down I think there should be no problem at all, because in the meantime 10 others could go up. That's why they invest in so many different currencies to back each other up if one is struggling.

Found an interesting analysis in https://np.reddit.com/r/Shadowcash/comments/5lhh6m/the_intelligent_investors_guide_to_cryptocurrency/?

ICONOMI (ICN)
In it's simplest form it is an index fund of certain cryptocurrencies i.e. it represents several million dollars worth of USD and Euro that have been converted into a mixture of Bitcoin, Ethereum, Monero, Dash, Maidsafecoin among a few others. The value of this portfolio will fluctuate and it's composition will periodically change depending on whether the coins it represent fail to or achieve certain criteria.
It will also incorporates a fund management platform that is to say in layman's terms, it will be an air B&B of investment advisors and fund managers in cryptocurrency.
Those two points constitute it's value proposition. By nature of the way it works it has an easily identifiable P/E ratio based on the amount used to create the fund ($10.5 million) against the current value of that fund based on it's
If you believe the total marketcap (total valuation) of crptocurrency is going to boom through 2017 and the next few years (and it has massive room to do so given the marketcap and limitations of Gold along with emergent non-speculative usability of certain cryptocurrencies) then ICN is possibly a very good token to buy and simply hold.
The price of ICN is currently $0.33. Based on it's initial valuation of $0.14 per token this would give it an approximate P/E ratio of 2.36. This is falsely assuming the total fiat value of the index has stayed static.
In reality the ICN index has increased 30% in value so as of writing it's true P/E ratio is ($0.33 / (0.14*1.3)) = 1.81.
Compared to other currencies where the intrinsic P/E ratio is infinity this is incredible and represents amazing value for money even when compared against traditional stocks (e.g. GOOG shares as of writing have a P/E ratio of 33).
So for absolute beginners, the risk averse and long term investors, ICN may be the safest and most profitable token to invest in over the long term.
Risks to be aware of are the possibility of regulation restricting or banning the ICN token, a general decline in cryptocurrency marketcap and poor performance in multiple coins composing the ICN index which would bring the value of ICN down significantly.

make sure you confirm email. (check your email and confirm withdraw)

I remember reading right after the ICO that larger withdraws would be manually processed and so could take longer to go through, so if you withdraw is "large" (I don't remember what the threshold is or if it was ever explicitly stated) that could be why. Idk if they have changed that since the ICO release or not, though.

Has anyone had issues withdrawing funds to Kraken? Mine has been stuck as sending for the last 5 hours from iconomi?!

My test transaction worked fine.

Stratis web -

Our site is temporarily down for maintenance. We will be back soon.

Hi, why Litecoin and Maidsafe? There is no future for Litecoin and it took 10 years for Maid to provide Alfa. Also, from my subjective point of view Maid is not driven by capable people. Can you share you perspective?

We much appreciate your knowledge and skills into ICONOMI economy. You know that 8,9 of 10 posts here are empty of value, so please don`t sweat it. Don`t flood us, but please come here from time to time and share your thoughts. Maybe some internal info...

P.S. I bet my A$$ on Stratis. It is already 7x ICO. I am very happy with it. They have top crypto developers in the World and are doing incredible features, just because they can. They need little P.R. and volume.

Nice to see the first fund managers (other than Iconomi) who plan to use the OFM platform.

Digibyte (DGB)
Vertcoin (VTC)
Blackcoin (BLK)
Nexium (NXC)
Florincoin (FLO)
Viacoin (VIA)
Litecoin (LTC)
Dogecoin (DOGE)
Antshares (ANS)
Stratis (STRAT)

Some of these are very small market cap and volume, so I wonder if Iconomi will add them to OFM.  I'm not sure what their strategy/criteria is for adding coins to OFM yet.

Yeah, better talk about the important thing here

I am already on your telegram channel for a while now so don't worry about that....

I just don't want to read about some slanging match about Blue Magic Fund on the ICONOMI thread.

It'd be better if I were reading it on your own thread.

 

If they would be using ICONOMI platform,they are right in posting it here and let ICONOMI investors inform about their plans.
This thread is become a trollbox anyway with lots of lambos pics and speculations

That's true, we need people like Frank PM in iconomi. Keep up the good work, Frank