[ANN] ICONOMI - Fund Management Platform - page 613.

5thangel

hero member

Activity: 910

Merit: 508

Quote from: arwin100 on October 27, 2016, 05:45:53 AM

Quote from: 5thangel on October 27, 2016, 05:38:36 AM

Quote from: boestin on October 27, 2016, 05:34:03 AM

looks like people are trying to get some cheap ICN, but its getting less and less Roll Eyes

We cannot really say that this is the good effect or bad since those exchange are not big as poloniex and bittrex, and if those exchange will accept ICN surely the price would soar up high that we can't imagine to be happen but for now lets just watch the fuds to dump their tokens and surely they will be the cry later if this one will get some successfull exposure for public tradings.

i do agree about "hey will cry later" Cheesy

stereotype

legendary

Activity: 1554

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Quote from: bones on October 27, 2016, 05:42:53 AM

Quote from: stereotype on October 27, 2016, 05:27:03 AM

Quote from: XbladeX on October 27, 2016, 05:10:01 AM

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

But a sobering thought, if the fund would of allocated the funds just a week ago. Very in the red.

red in btc terms, flat in $ most likely.
icn is, maidsafe is same, it has sat at same $ rate more or less in rise from 600 to now.
a fund manager who aims to increase btc holdings can do very well with volatility

Yep, point taken....and reflected in my Polo account! Undecided

I'd like to know how the team decide and manage the allocations.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: 5thangel on October 27, 2016, 05:38:36 AM

Quote from: boestin on October 27, 2016, 05:34:03 AM

looks like people are trying to get some cheap ICN, but its getting less and less Roll Eyes

We cannot really say that this is the good effect or bad since those exchange are not big as poloniex and bittrex, and if those exchange will accept ICN surely the price would soar up high that we can't imagine to be happen but for now lets just watch the fuds to dump their tokens and surely they will be the cry later if this one will get some successfull exposure for public tradings.

boestin

legendary

Activity: 1092

Merit: 1000

Breaking news!! Iconomi is closing the Telegram group:

Hello Boestin,

Your request is denied because we are canceling Telegram group in close future. There is no need to be active in Telegram for the needs of ICONOMI. Atleast there won't be an official ICONOMI Telegram group soon.

Kind regards,
Nejc Zupan
Customer support

bones

sr. member

Activity: 248

Merit: 250

Quote from: stereotype on October 27, 2016, 05:27:03 AM

Quote from: XbladeX on October 27, 2016, 05:10:01 AM

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

But a sobering thought, if the fund would of allocated the funds just a week ago. Very in the red.

red in btc terms, flat in $ most likely.
icn is, maidsafe is same, it has sat at same $ rate more or less in rise from 600 to now.
a fund manager who aims to increase btc holdings can do very well with volatility

boestin

legendary

Activity: 1092

Merit: 1000

Quote from: XbladeX on October 27, 2016, 05:35:38 AM

i guess that won't happen till BTC will be dumped mate

Still: 1 ICN stays 1 ICN

5thangel

hero member

Activity: 910

Merit: 508

Quote from: boestin on October 27, 2016, 05:34:03 AM

looks like people are trying to get some cheap ICN, but its getting less and less Roll Eyes

XbladeX

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Activity: 1302

Merit: 1002

Quote from: boestin on October 27, 2016, 05:34:03 AM

i guess that won't happen till BTC will be dumped mate

boestin

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XbladeX

legendary

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Quote from: boestin on October 27, 2016, 05:27:19 AM

All alts are falling,just look at the polo charts. Except Aug, that seems to be doing fine. Maybe Augur needs to be in the fund

Standard BTC up Alts fall ---time--- BTC fall ALTs UPPPP Cheesy

boestin

legendary

Activity: 1092

Merit: 1000

All alts are falling,just look at the polo charts. Except Aug, that seems to be doing fine. Maybe Augur needs to be in the fund

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: XbladeX on October 27, 2016, 05:10:01 AM

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

But a sobering thought, if the fund would of allocated the funds just a week ago. Very in the red.

BitBanksy

sr. member

Activity: 350

Merit: 250

Quote from: MrPresident on October 27, 2016, 03:50:30 AM

IMO people are totally insane to be selling Iconimi shares before the ofm platform or any managed funds have matured.
Selling for pennies what will pay dividends for a lifetime = fucking stupid
Where else can you get a debit card with direct access to managed fund securities? NOWHERE
P.T. Barnum had it right: "There's a sucker born every minute"

Two things are infinite: the universe and the bounty hunters' stupidity...

ShooterXD

hero member

Activity: 924

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

Quote from: XbladeX on October 27, 2016, 05:10:01 AM

Quote from: Admiral_Bit on October 27, 2016, 05:03:18 AM

...
It just seems, that the crypto market has not yet adapted to the economical logic iconomi is actually build upon.
...

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

You can sell your tokens and wait for a big dump to try rebuy it, or just hold for a long term.
You do what you want.

ShooterXD

hero member

Activity: 924

Merit: 501

CryptoTalk.Org - Get Paid for every Post!

Yeah guys, ICONOMI is a shit.

Now, dump your coins into my buy orders.

Wink

Nachbar90

full member

Activity: 238

Merit: 100

Quote from: XbladeX on October 27, 2016, 05:10:01 AM

Quote from: Admiral_Bit on October 27, 2016, 05:03:18 AM

...
It just seems, that the crypto market has not yet adapted to the economical logic iconomi is actually build upon.
...

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

Thats the point

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: Admiral_Bit on October 27, 2016, 05:03:18 AM

...
It just seems, that the crypto market has not yet adapted to the economical logic iconomi is actually build upon.
...

Because there is no active funds right now so is hard to talk about any economy arround we need 6-12 month to kick in.
BTC rising people cashout alts into BTC waiting for BTC pump then after pump alt coins will skyrocket again.
If ICONOMI funds will be active on time they will get 4x-5x return in few months - price of ICONOMI will jump 3x-20x.

DeadBirdzz

sr. member

Activity: 336

Merit: 252

Quote from: Admiral_Bit on October 27, 2016, 05:03:18 AM

The current situation is highly interesting. From a economical point of view, the price of iconomi tokens should not hedge against the price increase of its primary underlying asset (bitcoin via iconomi index fund). Yet the price reaction mimics the common altcoin / bitcoin entanglement.

I would have expected a linear increase along the btc price.

It just seems, that the crypto market has not yet adapted to the economical logic iconomi is actually build upon.

This is quite good for us iconomi investors, since the common believe is that the influance of cryptocurrencies will rise within the next years.

To make it short:
Buy now, iconomi prices will eventually start to correlate with the defined business model.

Shhhh, don't try to explain anything to them.

They will call you a troll.....

OmegaStarScream

staff

Activity: 3500

Merit: 6152

I'm not sure why everyone is panicking , you guys should relax. The fact that ICONOMI didn't announce that they "wont" add other exchanges means that they will soon add them + keep in mind that OP is connecting these days (and not saying much) and see his last post : https://bitcointalksearch.org/topic/m.16679871 (which means Bittrex is probably coming very soon). I guess when they signed some contract or something that prevent them from saying anything until the exchange Itself announce it.

Admiral_Bit

sr. member

Activity: 448

Merit: 252

The current situation is highly interesting. From a economical point of view, the price of iconomi tokens should not hedge against the price increase of its primary underlying asset (bitcoin via iconomi index fund). Yet the price reaction mimics the common altcoin / bitcoin entanglement.

I would have expected a linear increase along the btc price.

It just seems, that the crypto market has not yet adapted to the economical logic iconomi is actually build upon.

This is quite good for us iconomi investors, since the common believe is that the influance of cryptocurrencies will rise within the next years.

To make it short:
Buy now, iconomi prices will eventually start to correlate with the defined business model.

Topic: [ANN] ICONOMI - Fund Management Platform - page 613. (Read 1253971 times)