Topic: [ANN] ICONOMI - Fund Management Platform - page 522. (Read 1253953 times)
Where can I pickup my iconomi newsletter bounty reward ??
The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
get with the program.
1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.
There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?
look guys, I don't see why are we arguing, it's not like I'm gonna sell or something, I'm just trying to get this motherfucker higher.
Cause right now Bitcoin is booming, and you know what are investors thinking? Well ICN didn't follow BTC going up, so what's the point of buying, cause BTC is continuing its moon trip.
BUT, if they see that ICN not only goes up but outperforms BTC then you know what's the first thing they're gonna do? Dump their BTC to buy ICN.
It's not that hard, I hope the ICN team thinks the same way I do, it's not rocket science, just psychology 101.
So, get your shit together, and start pumping. Spare me with all the other BS, I want results.
just wanted to be sure you understand that most of us still have "breathing room" there. 
The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
get with the program.
1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.
There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?
look guys, I don't see why are we arguing, it's not like I'm gonna sell or something, I'm just trying to get this motherfucker higher.
Cause right now Bitcoin is booming, and you know what are investors thinking? Well ICN didn't follow BTC going up, so what's the point of buying, cause BTC is continuing its moon trip.
BUT, if they see that ICN not only goes up but outperforms BTC then you know what's the first thing they're gonna do? Dump their BTC to buy ICN.
It's not that hard, I hope the ICN team thinks the same way I do, it's not rocket science, just psychology 101.
So, get your shit together, and start pumping. Spare me with all the other BS, I want results.
...this will take off before dumpers have a chance to buy back in.
And that's EXACTLY why I'm ignoring mild value swings in ICN price and HODLING.
The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.
There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?
Don't make me come to Oahu from BI and count abacus coconuts!
Oh we're talking $ value? Are we back to the old economy now?
To each his own. For me the $ is not my denominator. BTC is.
We're always gonna be using the value of the least volatile currency to compare what's happening between other currencies. Today, and probably tomorrow, that's the USD. Eventually BTC may become less volatile that the US Dollar. But not yet.
Price is ~0.007$ bellow ico price and they fuck investors?
Really?
Really?
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
People put LSK into the ICN ico at 0.00039 BTC/LSK
If they would have held onto the LSK until now, they would be down -27% BTC
If they sell ICN now at -21% BTC below ico, in order to invest into Komodo ico, then they're actually getting a better deal than if they would have held the LSK the whole time.
ETH investors are in the same boat. If they would have held onto their ETH, they would be down -26% BTC right now
1/3 of money raised was in LSK or ETH
Hold strong for a few months, and you will see a BTC profit. Tokens have only been released for 10 days and there's not great liquidity. More exchanges, chinese exchanges, new developments, and this will take off before dumpers have a chance to buy back in.
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
That's 20% down since ICO.
You bought at 20k sat when BTC was at 605 USD/BTC, so 0.00020*605 = 0.121 USD per ICN.
Now you've got 16k sat with BTC is at 706 USD/BTC, so 0.00016*706 = 0.113 USD per ICN.
0.113/0.121 = 0.933 which means ICN currently has 93.3% of its ICO value.
ICN is not even down 7% from its ICO value. Stop saying the situation is 3 times worse than it really is.
Math. It's one of humanity's greatest achievements. Use it.
To each his own. For me the $ is not my denominator. BTC is.
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
That's 20% down since ICO.
You bought at 20k sat when BTC was at 605 USD/BTC, so 0.00020*605 = 0.121 USD per ICN.
Now you've got 16k sat with BTC is at 706 USD/BTC, so 0.00016*706 = 0.113 USD per ICN.
0.113/0.121 = 0.933 which means ICN currently has 93.3% of its ICO value.
ICN is not even down 7% from its ICO value. Stop saying the situation is 3 times worse than it really is.
Math. It's one of humanity's greatest achievements. Use it.
Price is ~0.007$ bellow ico price and they fuck investors?
Really?
Really?
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
Oh we're talking $ value? Cause what I believe was the motto in the iconomi site was "say goodbye to the old economy" . Are we back to the old economy now?
The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.
Price is ~0.007$ bellow ico price and they fuck investors?
Really?
Really?
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
So that isn't a measure of dollar value but smoke & mirrors talk
we have yet to go below the average ico price.
I'm fairly certain MalReynolds spelled it out for peeps a few times...
Price is ~0.007$ bellow ico price and they fuck investors?
Really?
Really?
Bought at 20k sat, now it's trading at 16k sat.
That's 20% down since ICO.
My plan is to diversify my funds on Iconomi OFM platform as follow:
30% to Iconomi.Performance fund
30% to Fund Manager with 1st highest earning
20% to Fund Manager with 2nd highest earning
10% to Fund Manager with 3rd highest earning
10% to Iconomi.Index fund
30% to Iconomi.Performance fund
30% to Fund Manager with 1st highest earning
20% to Fund Manager with 2nd highest earning
10% to Fund Manager with 3rd highest earning
10% to Iconomi.Index fund
Price is ~0.007$ bellow ico price and they fuck investors?
Really?
Really?
. Yes but for that we would need 20% weakly profit which is somewhat unlikely.
Also, you need to divade the profit by 100 mil, not 85 mil, as there are 100 mil tokens. Iconomi team will get dividends from that 13 mil tokens they still own.
But I laso think, when performance fund shows profit, there will be a lot more money to consider than those $4,6 mil
So what is the profit in this. If i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment. How do we evaluate the progress of this project?
As I posted back on page #638....
Let's talk about ICONOMI dividends.
First, some facts. The ICONOMI ICO ended on Sept 29. On that day, Bitcoin was worth 605 USD / BTC. ICONOMI closed their ICO with $10,682,516 in crowdfunding. So they got 10,682,516 / 605 = 17,657 BTC equivalent. That investment paid for 85,000,000 ICN tokens. So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each.
The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund. ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M.
There are also supposed to be numerous other dividend income streams from fees, etc. We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP.
Here's the key question: What dividends must ICNP yield to be considered a success?
My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange. The top dividend yield of any NASDAQ stock is 23% from OXLC. Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%. If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed...
So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?"
Well, that's just straight algebra.
(0.2) * (2017 ICNP Profit) = (0.23) * $10.68M
2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M
So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M.
That's a 3.7X multiplier.
BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.
Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.
(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!)
so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.
From what I understand, your $1000 investment gives you 8333 ICN
If we get 20% profit on the $4.6 million, that's $920K
920k*0.2/85mi = 0.002164705$ / icn
So for your $1000 investment, you get $18 on WEEKLY dividends from just iconomi.index
iconomi.performance is the fund that invests in ICOs and lucrative trading opportunities that could yield 300% or 500% returns, that's supposed to pay out much more than iconomi.index
AND you also have dividends from Open Fund Management platform, think of it as dividends from owning a share of eToro.com platform.
So that's 3 weekly income streams from your Iconomi investment.
Yes but for that we would need 20% weakly profit which is somewhat unlikely.
Also, you need to divade the profit by 100 mil, not 85 mil, as there are 100 mil tokens. Iconomi team will get dividends from that 13 mil tokens they still own.
But I laso think, when performance fund shows profit, there will be a lot more money to consider than those $4,6 mil
well if the team is smart enough they'll choose to forfeit their profits for the first months to make a good impression and pump the dividends.
It's still trading below ico, so I hope they have focused on pumping the value for starters, that's what I would do if I wanted to stay afloat and expand.
Because right now you're fucking your investors, and I don't see how can you attract new ones when you've already fucked your original investors.
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