Author

Topic: [ANN] ICONOMI - Fund Management Platform - page 291. (Read 1253961 times)

legendary
Activity: 1442
Merit: 1001
December 16, 2016, 05:12:20 PM
The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

Pump and Pump perhaps more than 30k satoshi Now before 28 des looking for the right time to collect ICN tokens
I wish there was a dump this week  Cheesy
newbie
Activity: 34
Merit: 0
December 16, 2016, 04:52:46 PM
Anybody remember the address of the ICN token for the ethereum wallet? Updated my wallet and my tokens are not listed anymore Undecided

0x888666CA69E0f178DED6D75b5726Cee99A87D698

Thanks babe
hero member
Activity: 952
Merit: 500
December 16, 2016, 04:48:56 PM
Anybody remember the address of the ICN token for the ethereum wallet? Updated my wallet and my tokens are not listed anymore Undecided

0x888666CA69E0f178DED6D75b5726Cee99A87D698
newbie
Activity: 34
Merit: 0
December 16, 2016, 04:30:03 PM
Anybody remember the address of the ICN token for the ethereum wallet? Updated my wallet and my tokens are not listed anymore Undecided
sr. member
Activity: 695
Merit: 255
December 16, 2016, 03:41:23 PM
We will see ICN growing only in 2017. because it should gain users first and users should like product. After that it can grow, before it's high risk project to invest in.

Remember invest only if you can loose it. Also before investment, do proper research and try understand purpose of project and market size!
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 16, 2016, 03:23:56 PM
How to spot a great ICO (and leave a bad one alone).


https://medium.com/@Knowledger/how-to-spot-a-great-ico-and-leave-a-bad-one-alone-4665581e6a6d#.qzoxbeoih

...................
Lowest tier. No product. These projects lack anything users can touch or test. The company (or just a team if there’s no legal entity) presents only the project pitch and promise. Most of such projects — if not all — have GitHub accounts with some code; but, you would need a few full-time analysts to do even surface-level due diligence.

Middle tier. Second/third/etc product. Example: Iconomi. The ICO result was also impressive: over ten million USD raised. Neither the Iconomi fund — the face product for the ICO — nor any clear full-scale technical description exists. Founders do not try to hide, though. They have Cashila — a great and well accepted product that has been around for a couple of years making many bitcoiners’ lives easier. The existence and usefulness of the team’s previous product seems to be enough of a promise for Iconomi investors.

Highest tier. Functioning product. Rarely, does a project fall into this category by offering a usable iteration of their product during the ICO. Example: Ethereum, Swish.
......................................

sr. member
Activity: 364
Merit: 250
move that crypto
December 16, 2016, 03:02:17 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

hope you realize that it is completely irrelevant if ETH goes up, down under my pants or whatever for ICN to succeed.

I do. Only thing that shouldn't happen is if ETH completely dies, that would be a slight problem I guess.

Ethereum network is 50MW and has more full nodes than Bitcoin network does.  Seems to be doing very well for now.

I don't know how the Serenity update with the switch to Casper proof-of-stake will play out.  Good thing about it is the inflation rate is supposed to be cut down substantially.  Not sure what will happen with all that GPU hashrate having to switch to other coins though.
full member
Activity: 182
Merit: 100
December 16, 2016, 02:59:51 PM
In my opinion I think Iconomi is good project and we should give them time .Iconomi will be 25 dollar each but not now I think in 2018,so buy and hold and then you will going profit a lot.
sr. member
Activity: 284
Merit: 250
Crypto Future here i come
December 16, 2016, 02:41:31 PM
This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 Shocked Shocked Shocked Shocked
even being a noob.... stop and think... Smiley
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

That's what I meant. I read ICONOMI will also build a platform where you can buy and sell ICN for ETH. No direct dividends in ICN.
member
Activity: 71
Merit: 10
December 16, 2016, 02:39:46 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

hope you realize that it is completely irrelevant if ETH goes up, down under my pants or whatever for ICN to succeed.

I do. Only thing that shouldn't happen is if ETH completely dies, that would be a slight problem I guess.
full member
Activity: 210
Merit: 100
December 16, 2016, 02:38:46 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

If ETH dies, and that's a biiiiiiiiiiiiiiiiiiiiiiiiiiiiig "if", ICN can easily move to the Next Best Blockchain.
There are many options: Lisk, Waves, CounterParty, etc... or some totally new Blockchain in 2017
legendary
Activity: 1764
Merit: 1000
December 16, 2016, 02:37:32 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.

hope you realize that it is completely irrelevant if ETH goes up, down under my pants or whatever for ICN to succeed.
member
Activity: 71
Merit: 10
December 16, 2016, 02:32:34 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).

Eth will be fine. Once ETH goes back up and rises, ICN will rise as well since dividends will be paid in ETH.
full member
Activity: 210
Merit: 100
December 16, 2016, 02:21:18 PM
the only thing that worries me about ICN is the fact that ICN is a ETH asset and ETH isnt going well...
i imagine what would happen in one year if ETH dies(price is dropping quickly).
hero member
Activity: 3038
Merit: 617
December 16, 2016, 02:13:06 PM
Less than 40BTC to break 30k sat again.
I see a nice rally coming up this weekend, ICN will cross that 30k sat for good this time  Grin



They really bought 18K ICN in total at 27k satoshis. God for you. Now you have created your opportunity to see how it can rise up. its never going 25k down again.
full member
Activity: 196
Merit: 100
December 16, 2016, 01:40:33 PM
Less than 40BTC to break 30k sat again.
I see a nice rally coming up this weekend, ICN will cross that 30k sat for good this time  Grin

full member
Activity: 210
Merit: 100
December 16, 2016, 01:26:11 PM
The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

ICN will reach 100k Satoshi on or soon after Dec 28th.

People will look back and cry why they didn't buy under 50k satoshi.
full member
Activity: 196
Merit: 100
December 16, 2016, 01:23:18 PM
The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.

We will see ICN on Poloniex after Dec 28th. Trolls will shit blood then.
We will see the same re-run of ETH from last January
full member
Activity: 168
Merit: 100
ICONOMI enthousiast
December 16, 2016, 01:16:02 PM
The price is going up and down like a rollercoaster. I wonder what's gonna happen after the 28th, feels good.
member
Activity: 71
Merit: 10
December 16, 2016, 12:55:56 PM
This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

 Shocked Shocked Shocked Shocked
even being a noob.... stop and think... Smiley
when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ...  the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team  mentioned there will be an option where you can automatically  let your  ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

Exactly, ICN is fixed at 100m coins FOREVER. Where do you expect them to get more ICN for Dividends?
That's why Dividends will be paid with ETH.
Plus ICN operates on ETH blockchain, which is perfect for Dividends payments in ETH.



They could get them the same place they get ETH; the open market. I'm not saying they should but why are people saying this is impossible?

I am pretty sure that in the future we will be able to exchange ICN, ICNX, ICNP and ETH on the Iconomi platform. I think the team behind Iconomi stated that they might offer an option to automatically sell your ETH dividends for ICN for the current market price on their website.
Jump to: