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Topic: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today! - page 89. (Read 473123 times)

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Now Suchmoon, don't do what you accused me of doing, picking data points to make your argument look good.  Smiley  I think our disconnect is the relationship between ION and BTC and the USD. I am not sure of your exact date range, so I think August 20 to December 24 is close to what you have depicted here. BTC went through a huge upward price movement as we all know. The price of ION to BTC went down, but the USD value went up. I did not check, but I imagine this happened to a large number of coins.  I took just the two dates, August 20 and December 24, and entered their prices (from https://coinmarketcap.com historical prices) and show that both BTC and ION went up compared to the USD. It is only natural that ION went down compared to BTC due to BTCs huge increase. So to be fair and accurate, I think your chart needs to point out this information don't you?

No, I don't. It's a chart straight from Bittrex. There is nothing wrong with it. Shark is already spamming this thread with various USD-based numbers, look at his screenshots if you prefer.

I think a great number of coins underperformed BTC, doesn't mean they are worthless.

Just because the math gets wonky doesn't mean the math doesn't work out, just harder to prove without putting private specifics on a public forum. I purchased one third of my coins (vague I know) on 2-16-2017 for .05 average cost. Sitting at $3.25 now. Can't see that as being a loss no matter how I try to spin it.

I think the risk is there for any coin, setting a risk factor score would be an interesting idea for a startup?  Kind of like FICO, but we call it KINKY. Krypto INcome Kost Yearnings. What is your KINKY score Mr. ICO?  Smiley

You got it backwards. ION is shit because it's shit, not because its price goes one way or another. ION price underperforms BTC because ION is shit. It may not be worthless but it is quite certainly not worth the associated risks.

You didn't purchase your IONs for USD. You used some sort of crypto-currency, most likely a far more valuable and less risky one, like BTC, ETH, LTC, therefore trading a better risk-reward ratio for a worse one. Maybe your gamble will pay off eventually but given two hard forkups and an abject lack of revenue-generating business since the ICO, you're basically betting on ION being attractive to speculators on Bittrex. When the whole market is going up this might look like it works (if you use USD basis) albeit underperforming said market.

Another way to look at this: even if someone for some inexplicable reason really really likes ION they would have been able to buy twice as many IONs if they just kept their BTC since the ICO time.
newbie
Activity: 60
Merit: 0

You posted the numbers yourself... price-wise ION underperforms even the granddaddy of all coins BTC, not to mention top altcoins, and that's just 2017. Looks far worse if you go back to the ICO.

Math gets wonky when you start including or excluding arbitrary components, like staking or forks, or fudge the cost basis like Shark is doing.

And that's before we even get to assessing the risk of a 100%-premined, 75%-team-owned, centralized, opaque, illiquid coin. I guess "shitcoin" covers all that, just being more specific here.

I think a great number of coins underperformed BTC, doesn't mean they are worthless.

Just because the math gets wonky doesn't mean the math doesn't work out, just harder to prove without putting private specifics on a public forum. I purchased one third of my coins (vague I know) on 2-16-2017 for .05 average cost. Sitting at $3.25 now. Can't see that as being a loss no matter how I try to spin it.

I think the risk is there for any coin, setting a risk factor score would be an interesting idea for a startup?  Kind of like FICO, but we call it KINKY. Krypto INcome Kost Yearnings. What is your KINKY score Mr. ICO?  Smiley
newbie
Activity: 60
Merit: 0
Now Suchmoon, don't do what you accused me of doing, picking data points to make your argument look good.  Smiley  I think our disconnect is the relationship between ION and BTC and the USD. I am not sure of your exact date range, so I think August 20 to December 24 is close to what you have depicted here. BTC went through a huge upward price movement as we all know. The price of ION to BTC went down, but the USD value went up. I did not check, but I imagine this happened to a large number of coins.  I took just the two dates, August 20 and December 24, and entered their prices (from https://coinmarketcap.com historical prices) and show that both BTC and ION went up compared to the USD. It is only natural that ION went down compared to BTC due to BTCs huge increase. So to be fair and accurate, I think your chart needs to point out this information don't you?

https://i.snag.gy/AUVCqH.jpg
hero member
Activity: 1344
Merit: 500
almost time for stage 3 of ION Rocket to FREE fall onto ION Community... if ION price remains above $3.50 Mark
hero member
Activity: 1344
Merit: 500
hero member
Activity: 1344
Merit: 500
ION Rocket cruising above THREE Dollars Mark


https://ionomy.com/dashboard
hero member
Activity: 1344
Merit: 500
ION Rocket cruising above THREE Dollars Mark
hero member
Activity: 1344
Merit: 500
hero member
Activity: 1344
Merit: 500
ION Rocket cruising at THREE Dollars! Houston, are we clear for stage 3 separation? stage 3 will free fall to  earth when fuel is used UP!!!

legendary
Activity: 3654
Merit: 8909
https://bpip.org
My investment records are sealed for ION cost basis (2017)... come back and ask me the question next year when IRS approves legislation and guideline on how to treat crypto coins. I also got "free" IONs from underneath the table when cleaning the Ionomy LTD Whale's lounge after the Secret meetings. I hide those away in the Shark Cave for a rainy day usage...

Quitting time.. I think I will take your recommendation and have a strong mixed drink to kill the pain of the lies  Huh

Yeah right... This was back in 2015-2016. You should have paid your taxes on those already and the guidelines are quite clear. Somehow the IRS is not preventing you from bragging about your "free" IONs though.

Stop lying if you don't like the pain.
hero member
Activity: 1344
Merit: 500

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

I think that's the Huey that runs Ionomy LTD. it's a matter of fact that he does... He offered the swap deals for all investors of the crypto community. I don't think he recommended the swap was a scam... Did suchmoon utilize any of these awesome ION investment offers?


He propped up XPY, which is a proven scam. Your evasive maneuver is quite lame. How about those $220 IONs? Not quite as free as you were making it sound.
Which IONs are you asking me for? I also receive "free" IONs for winning ION Community challenges or Ionomy Studio games...

Drunk again? I'm not asking for your IONs, you can keep that shit. I'm asking to clarify the actual cost basis of your IONs, which you lied about profusely. According to this post, it's ~ 0.016 BTC per ION, not zero:

https://archive.fo/hyF8N#selection-9982.0-10057.42

Quote
I bought my 100 XPY when it went to .00201



My investment records are sealed for ION cost basis (2017)... come back and ask me the question next year when IRS approves legislation and guideline on how to treat crypto coins. I also got "free" IONs from underneath the table when cleaning the Ionomy LTD Whale's lounge after the Secret meetings. I hide those away in the Shark Cave for a rainy day usage...

Quitting time.. I think I will take your recommendation and have a strong mixed drink to kill the pain of the lies  Huh

legendary
Activity: 3654
Merit: 8909
https://bpip.org

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

I think that's the Huey that runs Ionomy LTD. it's a matter of fact that he does... He offered the swap deals for all investors of the crypto community. I don't think he recommended the swap was a scam... Did suchmoon utilize any of these awesome ION investment offers?


He propped up XPY, which is a proven scam. Your evasive maneuver is quite lame. How about those $220 IONs? Not quite as free as you were making it sound.
Which IONs are you asking me for? I also receive "free" IONs for winning ION Community challenages or Ionomy Studio games...

Drunk again? I'm not asking for your IONs, you can keep that shit. I'm asking to clarify the actual cost basis of your IONs, which you lied about profusely. According to this post, it's ~ 0.016 BTC per ION, not zero:

https://archive.fo/hyF8N#selection-9982.0-10057.42

Quote
I bought my 100 XPY when it went to .00201

hero member
Activity: 1344
Merit: 500

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

I think that's the Huey that runs Ionomy LTD. it's a matter of fact that he does... He offered the swap deals for all investors of the crypto community. I don't think he recommended the swap was a scam... Did suchmoon utilize any of these awesome ION investment offers?


He propped up XPY, which is a proven scam. Your evasive maneuver is quite lame. How about those $220 IONs? Not quite as free as you were making it sound.
Which IONs are you asking me for? I also receive "free" IONs for winning ION Community challenages or Ionomy Studio games...
legendary
Activity: 3654
Merit: 8909
https://bpip.org

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

I think that's the Huey that runs Ionomy LTD. it's a matter of fact that he does... He offered the swap deals for all investors of the crypto community. I don't think he recommended the swap was a scam... Did suchmoon utilize any of these  investment deals?


He propped up XPY, which is a proven scam. Your evasive maneuver is quite lame. How about those $220 IONs? Not quite as free as you were making it sound.
hero member
Activity: 1344
Merit: 500

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

I think that's the Huey that runs Ionomy LTD. it's a matter of fact that he does... He offered the swap deals for all investors of the crypto community. I don't think he recommended the swap was a scam... Did suchmoon utilize any of these  awesome ION investment offers?
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Your right suchmoon, I forgot to add that I built my initial Shark Nodes from XPY to ION swap opportunity offered by Huey. I was swapping the XPY for IONs at less than 2 cents apiece. Therfore the cost basis was around 14.5 cents per ION. This was a wonderful opportunity to exit the Paycon adventure. I store these IONs in Ionomy LTD stakers and double my daily profit by applying Electrons to them daily!!! This revenue stream provides me free IONs daily for as long as Ionomy LTD is in business.

That would be the same Huey who told you to buy XPY and XPYBits before he told you to swap to ION? Who propped up the dead scam for a year?

As for 2 cents a piece... you're lying now, or you lied here:

https://archive.fo/hyF8N#selection-9982.0-10057.42

I was just trying to be funny, but I do employ number one myself at times. Not on purpose, but I do love beer.

Like we discussed earlier, not sure how you prove anything, but creative accounting aside, I've had a very positive experience from my investment. Don't really want to give details in a public space. If I was from the outside looking in, trying to vet an investment, the ION math is pretty much public knowledge. I have in the past, with quite a few investment thoughts, pretended to invest on a spreadsheet and then compared actual performance over a certain time span to judge if I wanted to enter an investment. Other than liquidity, and entry timing of ION, (oh and being a shitcoin Smiley )what part of the math doesn't work out in your analysis? I hope you realize by now that I am not out to pick a fight, but if we only listen to people that agree with us, we may lose important perspectives.

You posted the numbers yourself... price-wise ION underperforms even the granddaddy of all coins BTC, not to mention top altcoins, and that's just 2017. Looks far worse if you go back to the ICO.

Math gets wonky when you start including or excluding arbitrary components, like staking or forks, or fudge the cost basis like Shark is doing.

And that's before we even get to assessing the risk of a 100%-premined, 75%-team-owned, centralized, opaque, illiquid coin. I guess "shitcoin" covers all that, just being more specific here.
newbie
Activity: 60
Merit: 0
Rabbit hole is borderline? Roll Eyes

Do you have a style guide for DaZuru-approved forum posting? So that I could post derogatory things about it.

Why Yes! Happy to share. http://www.ninja-creative.com/8-wacky-writing-styles-to-entertain-your-readers/  Fire away!  Smiley

Not sure how that could apply, this ain't a blog or a news site, more like the sewer of the intertubes. Although Shark seems to be employing #1 in an impressively convincing way.

Crap I would be hard pressed to follow my trail of BTC since 2012. My first successful BTC receive was from a faucet for .006 on October 1, 2012. Funny to think it is worth $84 today. Cracks me up. I would hit those faucets like clockwork. I had fun learning. I keep better records since around 2016, so I can judge my choices. Good and bad choices made. Smiley  Not as bad as ordering two pizzas.

Again, not the point. Shark, korvas, and some other braggarts here have been trying to paint ION as a great investment, while it's clear to anyone with 3rd grade math skills that it doesn't add up unless you apply some very creative accounting.
I was just trying to be funny, but I do employ number one myself at times. Not on purpose, but I do love beer.

Like we discussed earlier, not sure how you prove anything, but creative accounting aside, I've had a very positive experience from my investment. Don't really want to give details in a public space. If I was from the outside looking in, trying to vet an investment, the ION math is pretty much public knowledge. I have in the past, with quite a few investment thoughts, pretended to invest on a spreadsheet and then compared actual performance over a certain time span to judge if I wanted to enter an investment. Other than liquidity, and entry timing of ION, (oh and being a shitcoin Smiley )what part of the math doesn't work out in your analysis? I hope you realize by now that I am not out to pick a fight, but if we only listen to people that agree with us, we may lose important perspectives.
hero member
Activity: 1344
Merit: 500
Shark always brags about ION gains as if he got it at the ICO price or some other arbitrarily low cost. Therefore the question - what's the real cost basis? I'm not asking how much he owns. E.g I mentioned DCR - if I tell you my average cost basis is $0.374, that doesn't tell you how rich I am or any other personally-sensitive info. And yes, anybody can lie... so the question is mostly rhetorical anyway. He didn't get it at the ICO price, that's the point.


I hate to inform you suchmoon but the IONs I am releasing back into the wild have a real cost of free. Therefore my average cost basis is $0.0 and the traded price is pure profit. That's what's so nice about ION being a POS coin and receiving FREE IONs from my Shark Nodes and Staking wallet. I also receive "free" ION coins from my Ionomy LTD stakers and my cost basis is again $0.0. My initial supply of IONs to build my fleet of Shark Nodes were earned from ownership of Atoms rewarded with with FREE IONs. Some of my IONs were purchased at ICO prices. I also added more Shark Nodes when the price of ION dipped to ten cents. The profit from trading the free IONs has given me the chance to clear the loses from previous crypto investments... ION has been a very good investment for me thanks to being an early adopter of the Ionomy Vision!!!

Just as expected, loads of cow manure and no mention of the bitcoins you sank into Paycoin and xpy.io PNGs Smiley


Your right suchmoon, I forgot to add that I built my initial Shark Nodes from XPY to ION swap opportunity offered by Huey. I was swapping the XPY for IONs at less than 2 cents apiece. Therfore the cost basis was around 14.5 cents per ION. This was a wonderful opportunity to exit the Paycon adventure. I store these IONs in Ionomy LTD stakers and double my daily profit by applying Electrons to them daily!!! This revenue stream provides me free IONs daily for as long as Ionomy LTD is in business.

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Rabbit hole is borderline? Roll Eyes

Do you have a style guide for DaZuru-approved forum posting? So that I could post derogatory things about it.

Why Yes! Happy to share. http://www.ninja-creative.com/8-wacky-writing-styles-to-entertain-your-readers/  Fire away!  Smiley

Not sure how that could apply, this ain't a blog or a news site, more like the sewer of the intertubes. Although Shark seems to be employing #1 in an impressively convincing way.

Crap I would be hard pressed to follow my trail of BTC since 2012. My first successful BTC receive was from a faucet for .006 on October 1, 2012. Funny to think it is worth $84 today. Cracks me up. I would hit those faucets like clockwork. I had fun learning. I keep better records since around 2016, so I can judge my choices. Good and bad choices made. Smiley  Not as bad as ordering two pizzas.

Again, not the point. Shark, korvas, and some other braggarts here have been trying to paint ION as a great investment, while it's clear to anyone with 3rd grade math skills that it doesn't add up unless you apply some very creative accounting.
newbie
Activity: 60
Merit: 0
Shark always brags about ION gains as if he got it at the ICO price or some other arbitrarily low cost. Therefore the question - what's the real cost basis? I'm not asking how much he owns. E.g I mentioned DCR - if I tell you my average cost basis is $0.374, that doesn't tell you how rich I am or any other personally-sensitive info. And yes, anybody can lie... so the question is mostly rhetorical anyway. He didn't get it at the ICO price, that's the point.


I hate to inform you suchmoon but the IONs I am releasing back into the wild have a real cost of free. Therefore my average cost basis is $0.0 and the traded price is pure profit. That's what's so nice about ION being a POS coin and receiving FREE IONs from my Shark Nodes and Staking wallet. I also receive "free" ION coins from my Ionomy LTD stakers and my cost basis is again $0.0. My initial supply of IONs to build my fleet of Shark Nodes were earned from ownership of Atoms rewarded with with FREE IONs. Some of my IONs were purchased at ICO prices. I also added more Shark Nodes when the price of ION dipped to ten cents. The profit from trading the free IONs has given me the chance to clear the loses from previous crypto investments... ION has been a very good investment for me thanks to being an early adopter of the Ionomy Vision!!!

Just as expected, loads of cow manure and no mention of the bitcoins you sank into Paycoin and xpy.io PNGs Smiley

You never disappoint Sharkie, in the way a non-housebroken dog never disappoints.

Crap I would be hard pressed to follow my trail of BTC since 2012. My first successful BTC receive was from a faucet for .006 on October 1, 2012. Funny to think it is worth $84 today. Cracks me up. I would hit those faucets like clockwork. I had fun learning. I keep better records since around 2016, so I can judge my choices. Good and bad choices made. Smiley  Not as bad as ordering two pizzas.
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