[ANN] ICONOMI - Fund Management Platform - page 195.

ecawyna

sr. member

Activity: 294

Merit: 250

🌟 æternity🌟 blockchain🌟

Quote from: DIX on December 27, 2016, 10:51:30 PM

Quote from: electronicash on December 27, 2016, 10:46:40 PM

Quote from: ecawyna on December 27, 2016, 10:35:07 PM

And we are back to 0.0003 level even btc pump. Interesting...

yes its back. yesterday i wanted to get out and buy back when it hit below 25k but changed my mind because the rest had already dumped. so i just hold. seeing how it jump back to 30k in a single day is pretty interesting. none of the coins i've followed before has done this.

If BTC reaches more than 1500 $ iconomi will go lower

if that happen everything will go lower...

DIX

newbie

Activity: 56

Merit: 0

Quote from: electronicash on December 27, 2016, 10:46:40 PM

Quote from: ecawyna on December 27, 2016, 10:35:07 PM

And we are back to 0.0003 level even btc pump. Interesting...

yes its back. yesterday i wanted to get out and buy back when it hit below 25k but changed my mind because the rest had already dumped. so i just hold. seeing how it jump back to 30k in a single day is pretty interesting. none of the coins i've followed before has done this.

If BTC reaches more than 1500 $ iconomi will go lower

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: ecawyna on December 27, 2016, 10:35:07 PM

And we are back to 0.0003 level even btc pump. Interesting...

yes its back. yesterday i wanted to get out and buy back when it hit below 25k but changed my mind because the rest had already dumped. so i just hold. seeing how it jump back to 30k in a single day is pretty interesting. none of the coins i've followed before has done this.

DIX

newbie

Activity: 56

Merit: 0

Quote from: kobilica on December 27, 2016, 09:53:55 PM

Man can't wait for dividends to start coming in Grin

.

What dividends will they give?

ecawyna

sr. member

Activity: 294

Merit: 250

🌟 æternity🌟 blockchain🌟

And we are back to 0.0003 level even btc pump. Interesting...

kobilica

sr. member

Activity: 280

Merit: 300

Man can't wait for dividends to start coming in Grin

.

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: ?? on ??

Quote from: MoveCrypto on December 27, 2016, 08:35:12 PM

Quote from: ?? on ??

INCX is growing nicely due to BTC and XMR growth. Holding over the 1400 mark @ 1459.

INCX grows even when some alts are down Cool

ICNX
1,459.19 7.89 (0.54%)
Last update: Wed, 28 Dec 2016 00:49:05 +0000

https://ico.iconomi.net/

There's a good post for discussion on reddit.

Any opinions on giving BTC an exemption from rebalancing? This would mean if BTC keeps doing one of its classic massive growths where it goes higher than anyone expected, it might end up becoming 30% to 60% of index

As it is right now, every month if the value of the BTC in the array grows past 15% of the total value of the array, then BTC is sold and the other altcoins in the fund are bought in order to lower the BTC % and raise the % of the altcoins.

https://www.reddit.com/r/ICONOMI/comments/5kku8q/agree_or_disagree_btc_should_be_exempt_from/

Selling an upward trending BTC every month during rebalancing, in order to buy downward trending alts would not be a good way to make profit for people putting money into index array.

Do you think Bitcoin will continue upward trend and altcoins will continue downward trend? I guess that's the most important question when it comes to index fund weighting strategy.

I think BTC will rise some more and that alts with solid fundamentals will generally float up with BTC.

As for the weighting of the INCX index for BTC, would be tempting to increase on a bull run but i suspect the team will stick with the formula. Of course they could be running a few models of BTC growth (and rapid decline) through some simulation and are having a red hot think about it. Wink

EDIT: reminds me that over 6k BTC was collected during the ICO. I would have to look up what the price of BTC was during the ICO, to say the least it's gone up in value since.....

BTC is up 29% this month, and the index 8.8%

If people expect this trend to continue, then it makes sense to just hold BTC, and maybe put a little bit into index in order to diversify into altcoins.

I'm bullish on ICN too, so for me index array would be more attractive if it included ICN. It fits all the criteria.

I don't know if team reads all the posts here, so you can post on reddit if you have any good thoughts about this.

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: ?? on ??

INCX is growing nicely due to BTC and XMR growth. Holding over the 1400 mark @ 1459.

INCX grows even when some alts are down Cool

ICNX
1,459.19 7.89 (0.54%)
Last update: Wed, 28 Dec 2016 00:49:05 +0000

https://ico.iconomi.net/

There's a good post for discussion on reddit.

Any opinions on giving BTC an exemption from rebalancing? This would mean if BTC keeps doing one of its classic massive growths where it goes higher than anyone expected, it might end up becoming 30% to 60% of the total value of the index

As it is right now, every month if the value of the BTC in the array has grown past 15% of the total value of the array, then BTC is sold and the other altcoins in the array are bought in order to lower the BTC % and raise the % of the altcoins.

https://www.reddit.com/r/ICONOMI/comments/5kku8q/agree_or_disagree_btc_should_be_exempt_from/

Selling an upward trending BTC every month during rebalancing, in order to buy downward trending alts would not be a good way to make profit for people putting money into index array.

Do you think Bitcoin will continue upward trend and other altcoins in array will continue downward trend? I guess that's the most important question when it comes to index fund weighting strategy.

If people think BTC will continue to give better returns than the index, then they will just hold their BTC instead of putting it into the index.

https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-21-december-2016-rebalancing-transformation-into-iconomi-8e31e48493ab#.e82nsmx0i

Maybe a better trader than me has some input they could post on reddit.

freebutcaged

hero member

Activity: 588

Merit: 541

Now again icn went back below $0.28 while monero is trying to aim for orbit and from there to the moon.
I'd wait for more icn dumping and suggest no one buys any amount until it goes down under $0.20.
Just be the good people like you always are and let us buy more cheap with the money that we don't have because the one supposed to pay us were too lazy

.

cyrixcer

hero member

Activity: 524

Merit: 500

Quote from: MoveCrypto on December 27, 2016, 07:07:17 PM

Quote from: cyrixcer on December 27, 2016, 06:37:10 PM

Quote from: derinderinderinderin on December 27, 2016, 05:38:10 PM

Quote from: MoveCrypto on December 27, 2016, 05:29:49 PM

Examining the 360k dump on the Kraken chart.

220k dumped at 2016-12-26 13:05:00 @ median price 0.0003435 = 75.57 BTC

140k dumped in chunks starting around 2016-12-27 10:08:00 @ 0.00032 = 44.8 BTC

So he dumped his 360k for about 120 BTC = average price 0.000334

I suspect he made about a 55k ICN profit if he was able to buy back in around 0.00029. I didn't see any obvious signs of him buying back in on chart of orderbook, so if he did, it was in 10k-50k chunks.

Price drop was due to this one trader, there's no other significant volume spikes on the chart.

Conclusion: ICN holders still holding strong. RIP to the noobs if they panic sold. RIP to the whale if he hasn't bought back in, he will look like crying Jordan soon.

Nice analysis. Also explains why we're already back up at 0.0003

I don't think it is nice analysis, why you consider they are same person, why you consider he will rebuy?

https://etherscan.io/token/ICONOMI?a=0x0618b4b48a5a3cd9739e2fddff332f242dc1811e

260k deposited to Kraken at 26 Dec 01:18:29

https://dwq4do82y8xi7.cloudfront.net/widgetembed/?symbol=KRAKEN%3AICNXBT&interval=D&symboledit=1&toolbarbg=f1f3f6&hideideas=1&studies=&theme=White&style=1&timezone=exchange

Then if you look 12 hours later on Kraken chart (click on "1" in the top left so you can see minute-by-minute), you see 220k dumped at 26 Dec 13:05:00

100k deposited to Kraken from same address at 26 Dec 19:12:57

Then if you look 12 hours later on Kraken chart, you see 100k+ dumped starting around 27 Dec 10:08:00

Looks to me like a guy transferring coins to Kraken, going to sleep or work for 12 hours while deposit is confirming, then dumping.

Nice detective catching, dude. So we can cheap from him, if we don't get rid of these greedy whales, we can't go up.

condoras

legendary

Activity: 3038

Merit: 1104

This is what I do. I drink and I know things.

Quote from: ?? on ??

Quote from: trumpc2016 on December 27, 2016, 05:49:35 PM

Haha he is trying to get coins back Cheesy

He will pump it more up later after realizing that he is missing the train Grin

He won't get his coins back cheaply, some of us have been buying Grin

I am with those my friend, i wish ican buy more that i already have... Wink

And for sure i will not give them cheaply... Cheesy

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: cyrixcer on December 27, 2016, 06:37:10 PM

Quote from: derinderinderinderin on December 27, 2016, 05:38:10 PM

Quote from: MoveCrypto on December 27, 2016, 05:29:49 PM

Examining the 360k dump on the Kraken chart.

220k dumped at 2016-12-26 13:05:00 @ median price 0.0003435 = 75.57 BTC

140k dumped in chunks starting around 2016-12-27 10:08:00 @ 0.00032 = 44.8 BTC

So he dumped his 360k for about 120 BTC = average price 0.000334

I suspect he made about a 55k ICN profit if he was able to buy back in around 0.00029. I didn't see any obvious signs of him buying back in on chart of orderbook, so if he did, it was in 10k-50k chunks.

Price drop was due to this one trader, there's no other significant volume spikes on the chart.

Conclusion: ICN holders still holding strong. RIP to the noobs if they panic sold. RIP to the whale if he hasn't bought back in, he will look like crying Jordan soon.

Nice analysis. Also explains why we're already back up at 0.0003

I don't think it is nice analysis, why you consider they are same person, why you consider he will rebuy?

https://etherscan.io/token/ICONOMI?a=0x0618b4b48a5a3cd9739e2fddff332f242dc1811e

260k deposited to Kraken at 26 Dec 01:18:29

https://dwq4do82y8xi7.cloudfront.net/widgetembed/?symbol=KRAKEN%3AICNXBT&interval=D&symboledit=1&toolbarbg=f1f3f6&hideideas=1&studies=&theme=White&style=1&timezone=exchange

Then if you look 12 hours later on Kraken chart (click on "1" in the top left so you can see minute-by-minute), you see 220k dumped at 26 Dec 13:05:00

100k deposited to Kraken from same address at 26 Dec 19:12:57

Then if you look 12 hours later on Kraken chart, you see 100k+ dumped starting around 27 Dec 10:08:00

Looks to me like a guy transferring coins to Kraken, going to sleep or work for 12 hours while deposit is confirming, then dumping.

pind919

full member

Activity: 140

Merit: 100

yellow card for ICONOMI (false hope with investors).

also yellow card for info on 360K dump..

the good news is the price will recover and we buy cheap ICN again!!

So the best news is the lambo pics are back!!

I am holding + collecting cheap ICN tokens.

BTW MONERO is rising star?
Monero $173,002,834 $12.69 13,635,047 XMR $10,888,000 23.49%

Wompa

newbie

Activity: 5

Merit: 0

Was hoping the price would drop more so I could get more. Hopefully it wil come down between now and when the platform is released.

cyrixcer

hero member

Activity: 524

Merit: 500

Quote from: derinderinderinderin on December 27, 2016, 05:38:10 PM

Quote from: MoveCrypto on December 27, 2016, 05:29:49 PM

Examining the 360k dump on the Kraken chart.

220k dumped at 2016-12-26 13:05:00 @ median price 0.0003435 = 75.57 BTC

140k dumped in chunks starting around 2016-12-27 10:00:00 @ 0.00032 = 44.8 BTC

So he dumped his 360k for 120.37 BTC = average price 0.000334

I suspect he made about a 55k ICN profit if he was able to buy back in around 0.00029

Entire price drop was due to this one trader, there's no other significant volume spikes on the chart besides him selling/buying 360k (50% of daily volume from one guy)

Conclusion: ICN holders still holding strong. RIP to the noobs who panic sold into this whale's buy orders and increased his ICN stack

Nice analysis. Also explains why we're already back up at 0.0003

I don't think it is nice analysis, why you consider they are same person, why you consider he will rebuy?

pind919

full member

Activity: 140

Merit: 100

Daparski you sure you did not dump some ICN two days ago? (like 100K) Cheesy

kobilica

sr. member

Activity: 280

Merit: 300

Ah just bought more, nice price drop:).

Daparski

sr. member

Activity: 504

Merit: 250

Quote from: MoveCrypto on December 27, 2016, 05:29:49 PM

Examining the 360k dump on the Kraken chart.

220k dumped at 2016-12-26 13:05:00 @ median price 0.0003435 = 75.57 BTC

140k dumped in chunks starting around 2016-12-27 10:00:00 @ 0.00032 = 44.8 BTC

So he dumped his 360k for about 120 BTC = average price 0.000334

I suspect he made about a 55k ICN profit if he was able to buy back in around 0.00029. I didn't see any obvious signs of him buying back in on chart of orderbook, so if he did, it was in 10k-50k chunks.

Price drop was due to this one trader, there's no other significant volume spikes on the chart.

Conclusion: ICN holders still holding strong. RIP to the noobs if they panic sold. RIP to the whale if he hasn't bought back in, he will look like crying Jordan soon.

Trolls will be trolling
Babies will be crying
Weak hands will be shaken

gomados

member

Activity: 96

Merit: 10

i bought 24k! between 0.000267 and 0.000298 Grin

MoveCrypto

sr. member

Activity: 364

Merit: 250

move that crypto

Quote from: ?? on ??

Sad to see that there was a troll here during the dump encouraging ICN investors to hang themselves.

Trolling is going to pick up as the price rises and ICN clones and their 'marketing' teams start-up.

Probably part of psyops campaign trying to get noobs to panic sell into buy orders.

Topic: [ANN] ICONOMI - Fund Management Platform - page 195. (Read 1253941 times)