ICONOMI team after ICO
Team is more active on reddit, where ethereum crowd hangs out and it's possible to downvote trolls
The situation at Kraken screams FULL HODL to me.
Currently at Kraken, it would only take the purchase of 1M ICN for 430BTC = $280K (1 / 40 of ICO expenditures) to put the price of the other 99M ICN at 0.0008, which would be 4X the ICO price.
My quote above was from yesterday. The situation has since changed for the better.
The "1M ICN / 430 BTC / $280K to reach 4X ICO price" is now "766K ICN / 283 BTC / $193K to reach 4X ICO price".
Investors are buying up ICN at ICO prices, and they are doing it so slowly and quietly that nobody is even noticing that it is happening.
The purchase of only 0.75% of all ICN right now would put ICN at 4X ICO price! This token price is on a hair-trigger. If you want to accumulate, you buy S..L..O..W..L..Y.
You people that are used to the roller coaster swings at Polo have no idea of the different kind of exchange users you are dealing with on Kraken.
That's a good point, Kraken traders are not known to panic buy or pump altcoins as often as other exchanges. They are more likely to patiently set buy orders and wait.
32% of ICN supply went to ETH and LSK ico participants
If these ETH and LSK participants would have held instead of going into ICN, they would be at -20% and -30% BTC or -11% and -23% USD
Most altcoins took a hit with the recent BTC rise.
ICN idea and team are still very strong
