Topic: [ANN] ICONOMI - Fund Management Platform - page 494. (Read 1253951 times)

The fiat investor will invest in the index if they trust the company is good at managing the index or because they like the platform ... that has nothing to do with the value of the ICN token. The token it was a way of gathering money for development/fund/index ... and now is just a way to spread the dividends. The owners can trade that as they wish at the price they wish. If I believe the value of the token will be 10 USD ... I will just not sell at 1 USD ...  
If the price goes to 1$ that means there are people that are willing to pay 1$ for an ICN. Why? Why the f**k does anyone care ? Is their decision/risk/money. Maybe they think / hope that when the platform is ready the price will jump to 10-15 USD ... and 1 USD is a good entry point. Why not let the market decide the price. No risk for the devs and for the gathered money.

And please .... let's not start again with the bounty BS ... that was not the point of me bringing it up. Its really not relevant at this point. It was just an example to justify my opinion that the token not being listed on Polo / Rex is not because of fees that needs to be payed.

Too late for me here, and the pile of BS you wrote is too big.
I will respond tomorrow, if noone else had by then
Take it easy investor, iconomi is not a short term project

What do you think?

Give it sometimes, the ico just ended, they made some plan that is only one - two months away, clearly they are working behind the scenes.

Consider giving them some times to start delay things and missing "deadlines" before burning witches.

When ICN starts to act like Waves for instance, then you can yell.

Good luck with your investment. Luck is part of your nickname, right?

For example i bet if they had given polo 50 btc it would of been listed day one.. no questions asked.. they are not listening to us as investors period.. wether the coin bubbles and crashes on polo is irrelevant thats the case with all crypto including btc just part of the cycle.. the thing is this things on life support right now being on kraken with little to no support and with fear doubt and uncertainty building it will be more difficult for this thing to ever get off the ground any slight rise will cause rush of sellers just wanting to gtfo

Lets say it gets on polo and price goes up to ~$1. That price represents nothing but speculation for now.
It is like a buble. Why would a fiat investor put money, or invest money in index managed by a company like that?
Add to that that this is crypto, and most potential fiat investor don't even know what that means.

Just a thought in this late hour

No my point is they could of managed the bounties better by putting caps on translations... The russian translator was probably having conversations with himself their were over 5000+ people talking in the russian thread if i remember correctly but only 3000+ people invested in iconomi.. so obvisiously something doesn't add up there... they were happy to give away free icn of course from bounty that could of gone to something else.. I was a founder too btw and as a founder i think we should have a say in how funds are spent to some extent especially since these guys don't seem to know the crypto world very well so far.. or they do and thats why this thing is starting to "stink" more by the day like a huge scam they either did intentionally or didn't research got in over their heads in which case tai zen is right and they are violating sec laws.. which is the only reason i see for no polo or bittrex add.. maybe kraken made mistake and soon delist who knows.. if this is how they think investing works good luck with their performance funds haha.. they are not going to get the fiat world buying icn the fiat world is barely interested in btc.. to any hedge fund manager this would be a pink sheet penny stock not worthy of investing btw so don't expect wall street coming any time soon !!

I have no problem with the Bratushka (with love from BG) who took 50 BTC, For me, as a future investor, is weird to give someone money who pays 50 BTC for a translation..But now I read that there was a bounty before, so I understand the situation.
Still learning about ICN and still wondering how much to invest. For now the price is good for buying but I will probably wait little longer.

I see some people are worried for a pump/dump on Polo but if the tokens are good they will have a good price after while, no matter initial pumps/dumps

If they have an NDA with Poloniex, why can't they just ask Polo to list ICN already?
It's much more complicated to list anything on Kraken, and ICN was listed there already, so they're aren't any legal obstacles.
I don't agree with delaying the launch on Poloniex, it does not sit well with most investors.
They should let the free market price the token, rather than try to control the market.

Agreement involves two parties at least. Assuming legal is not an obstacle, why would polo not want to list iconomi?
Do they see them as future competitors?
If not, it has to be something we don't see

Because I have no better explanation. And its not about preventing ... is about having an agreement ... its totally different thing.

Why do you assume that they prevent polo from listing it?

So why ppl keep complaining? If it is not up to the devs, it is polo call whether to list it or not.

Why don't you look at the facts? It will make it so easier, and maybe you will feel less burned.
Devs locked 2% of ICN for bounties, and part of that amount was reserved for translation and forum moderation.
Since they were very, very little translations, the major one got big part.
Besides, how is that any of your concern? Those 50btc were not paid from ico money.
What's next?
Complaining about the salaries they pay?

And I meant that the dev's cannot force an exchange not to list the token ...
From the regulatory point of view if Kraken listed it ... I would say any exchange can !

The jealousy is real...

dude, they never planned to pay 50btc for one translation. They had an amount to ALL translations, unfortunately, the russian translation got a big piece of the bounty because the others didnt have the same amount of pages..
the same thing could happen to any other bounty.

Why such an instability will not be good for the project. What do you mean ? They have 10 m $ to do their job. The "instability" of the value of the ICN is not relevant. Am I wrong? Please detail on this.


Again ... they don't have to care about the value of the token ... they already have the 10 m $ which are not linked to the value of the token. In stead they are actually manipulating the value, by not adding the token to Polo / Rex. Let the free market decide which is the "correct" value.

If let's say, I would be an investor in one of the index / funds on the platform ... why would I care about the token value? There is no correlation as the amount raised during the ICO and invested in the platform/fund/index are no stored in ICN token but in fiat / BTC / ETH and LISK ...

Ok they pay a translator 50 btc "thats a nice home in russia".. i don't care if he was best translator ever that amount was unreasonable when people put real hard earned money in.. the other thing is they got 10 million from us and they have done nothing to help us make money or even protect our investment.. dodging tough questions and making us wait till the 15th to even ask questions "ridiculous" all they have done as far as i can tell so far is post screen shots of a website that anyone can do.. maybe if they had gotten this damn thing on a exchange with decent whale volume people would not be so upset... starting to feel like we all got burned