Author

Topic: [ANN] ICONOMI - Fund Management Platform - page 196. (Read 1253941 times)

legendary
Activity: 977
Merit: 1011
December 27, 2016, 05:57:32 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
Nup, he is on profit already. He knew about of delay so " the ball was in his hands" we just looked like stupid. He made nice profit. I didn't sold mine but for sure I'll dump next time when I see some suspect ( and I have enough ICN )
newbie
Activity: 36
Merit: 0
December 27, 2016, 05:52:23 PM
With 5k icn someone can become rich ?
Serious question
sr. member
Activity: 280
Merit: 300
December 27, 2016, 05:51:59 PM
Slovenia is not chinatown, on what drugs are you?
member
Activity: 180
Merit: 20
December 27, 2016, 05:49:59 PM
Damn. Good crash. What a buying opportunity! 

I wouldn't worry at all.  The price is being spring loaded. 


Who loads it with the springs ?, because iconomi and not NXT, NXT is already working
NXT cap 6 $million
ICONOMI cap 21.8 $ million

NXT is a giant shouldering the sky and can only be compared with noble cryptos. Not to bitch around but its shame that a flimsy ethereum token outperforms elite crypto created in chinatown.
legendary
Activity: 977
Merit: 1011
December 27, 2016, 05:49:40 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.
Maybe he put small buy orders ( this tactic  is to prevent price to go up quickly- big orders can create buy support ) I think he bought back already, and don't forget that price was 0.000235 0.0005 for few hours...
sr. member
Activity: 695
Merit: 255
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
full member
Activity: 140
Merit: 100
December 27, 2016, 05:47:02 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.

easy  50K ICN if you have insider info!!!

BUT smart move from ICONOMI!! Imagine if they told everyone (early beta testers) which they send email/invitation for OMF platform that they will not be able to deliver working OMF on time..

there would be a massive DUMP with ICNs and generally destroy the ICN to lower price like 0.18$ and would be hard to recover after big dump..
sr. member
Activity: 364
Merit: 250
move that crypto
December 27, 2016, 05:43:58 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.

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

He didn't really trigger much panic selling like he probably hoped.  If these buy orders are him trying to buy back in, then I don't think anyone's going to dump into them and the whale might look like crying Jordan soon:

119,555.153   ฿0.000262
103,745.450   ฿0.000250
member
Activity: 71
Merit: 10
December 27, 2016, 05:38:10 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
member
Activity: 127
Merit: 10
December 27, 2016, 05:36:16 PM
Yeah...i just bought some more.
sr. member
Activity: 364
Merit: 250
move that crypto
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.
member
Activity: 70
Merit: 10
December 27, 2016, 05:23:17 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.
With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.
Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.
Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!
So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!
I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!
.....very good thought

ICN is not a simple pump coin.
On the contrary,
its a very welldone Project.
AS IT SHOULD BE!
SO, LET IT BE

+3

This is why I am still holding:

Quote
Our timeline is ambitious — our journey started in Q1 2016, when we first began offering Ether and learning what clients are missing. In Q3 2016 we will finalise the required infrastructure and in Q4 2016 we will introduce the first two ICONOMI investment funds. With these new financial instruments we believe we can attract 200 million USD before the end of 2017.

https://medium.com/iconominet/the-decentralised-economy-needs-new-financial-instruments-iconomi-the-first-fund-management-ea505ef6f36e#.ajgdnngvt

Ok, lets do very simple maths:

With an average 3% management fee for the "Digital Asset Arrays". Let's suppose that 1% goes to ICONOMI and 2% goes to the fund manager.

Its clear that the 1% of 200 million USD could mean aprox. 2 million USD of gross earnings.

With these numbers with:

0.5 USD / token        mkt cap 50.000.000                   PER = 25
1   USD / token        mkt cap 100.000.000                  PER = 50
5   USD / token       mkt cap 500.000.000                   PER = 250

10 USD / token        mkt cap 1.000.000.000                PER = 500

As long as ICONOMI is a new high/fast growing bussiness:  50 < PER < 250 ; my guess is that if the 200 USD million in funds objective of the devs is reached, by the end of 2017 each token should be between 1 and 5$; 3 to 15 times todays token price!.

Of course there will be other sources of income (minor than management fees), but there will be expenses too, so I have considered they will counteract between them..
member
Activity: 71
Merit: 10
December 27, 2016, 05:15:25 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.

With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.

Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.

Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!

So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!

I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!

I believe in potential of iconomi and that is why I was/am still holding ICN token.

Being a software engineer, I also understand the delays in development and missing timelines. Releasing buggy product is dangerous, but we were expecting Beta and it is expected to have bugs in betas ( that is why that is called beta). Postponing beta at last minute (without giving the exact next date ) shows that its not due to bugs but there is some major issue (maybe design/architecture issue  ) in product which they never analyzed earlier in design/development phase and that is red flag here.

I also just feeling bad when I read on this thread that people were able to exit early based on some inside info/tip. But again IF this is true.


In the end it's pure speculation as to why they postponed the beta. The team behind Iconomi have lots of experience in the field and even if there was a major issue with the platform - they will resolve it right now. How is it a red flag? It just shows that they are dedicated to release a stable and working product.
newbie
Activity: 14
Merit: 0
December 27, 2016, 05:11:52 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.

With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.

Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.

Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!

So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!

I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!

I believe in potential of iconomi and that is why I was/am still holding ICN token.

Being a software engineer, I also understand the delays in development and missing timelines. Releasing buggy product is dangerous, but we were expecting Beta and it is expected to have bugs in betas ( that is why that is called beta). Postponing beta at last minute (without giving the exact next date ) shows that its not due to bugs but there is some major issue (maybe design/architecture issue  ) in product which they never analyzed earlier in design/development phase and that is red flag here.

I also just feeling bad when I read on this thread that people were able to exit early based on some inside info/tip. But again IF this is true.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 27, 2016, 04:54:38 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.

With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.

Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.

Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!

So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!

I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!



.....very good thought

ICN is not a simple pump coin.
On the contrary,
its a very welldone Project.

AS IT SHOULD BE!
SO, LET IT BE
sr. member
Activity: 514
Merit: 353
Respect has to be earned, just like money!
December 27, 2016, 04:46:41 PM


Only 16 btc and we are back on track at.000347!

HODL!
sr. member
Activity: 695
Merit: 255
December 27, 2016, 04:45:19 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


Every case is unique, it's your choice, sell if you want Smiley This is not just another copy cat of ethereum or something that has 50/50 potential.

With right execution of this project it will be next big thing in crypto and changing dates due bugs is right decision, this is how big things are created.

Tomorrow it would be disaster, just think of projects with bugs, it's like epic fail. I and my team are creating startup, we are REDOING it 5th time and it's almost year of development/changes. If we would launch 1st version, we would fail like everyone else who does similar project. Everyone wants build platform, no matter in which niche, it's hard always. I learned it by myself.

Success comes with patience and right decisions. Those who never did big projects will not understand that, but ICONOMI is one of those projects which will be success only with right execution!

So smart people will hold and will not let the paranoia dominate their minds. This is gonna be bigger than Ethereum. So do your research, try understand what these people are doing and you will never ever sell again!

I personally did 2 week research before my 5 figure investment. I own 6 figures of coins and will not sell. Team is legit, project is legit, execution is right!
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
December 27, 2016, 04:41:58 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..

I got dubious when a newbie claims to have lots of investment in crypto
sr. member
Activity: 364
Merit: 250
move that crypto
December 27, 2016, 04:39:34 PM
How much you own guys? I have 5 figures.

'bout tree fiddy

member
Activity: 71
Merit: 10
December 27, 2016, 04:37:26 PM
Although I sold half of my ICN few days back and planned to hold remaining. But this episode is real bad deal. This happened with me few time and I think I didn't learn anything Smiley Last month same happened when I didn't sell my waves token and that is below ICO and now ICN ..


ICN is still up more than 2x from ICO value and I imagine they will release the platform & OFM at the same time sometime in January, or February at most. Everything's alright, stop losing your minds over such little things.
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