Topic: [ANN][ICN] iCoin - On Swisscex, C-Cex, Bittrex exchange - page 36. (Read 162098 times)

Hey guys, sorry I've been absent the past couple days. I was out of state this past weekend, and aside from that I've been polishing up the script (merely a formality) for my next call with the organizer of Crypto Currency Convention. Completion of Powerpoint and speech in it's entirety as well as marketing tools soon to follow. In short, we will be well prepared for the event.

Upon reading the past couple pages, there has been some great discussion in regards to the current price of iCoin. Honestly, it threw me off guard as well. Login one day, 3000 satoshi, the next 700! However, I really think this is no more than a couple multipools and people who are not advocates, merely day traders getting impatient. We're in it for the long haul, and it's very cool to know that iCoin has not even seen a legitimate climb in price yet. Not one! #Groundfloor #BubbleWrap With the name, design, longevity, and marketplace potential (taking into consideration our fiat/ICN exchange, future merchant developments, etc...) do you really think it likely that iCoin is on it's way out? I would beg to differ

Thanks for everybody's support as always. Working hard on our end, but always seeking help in expansion and promotion PM me if you're interested in performing any tasks to grow iCoin in exchange for some bounty, always willing to get the community involved and reward those who care about iCoin most.

Cheers - Ridg

Can you PM me? If you make this calculations, than you can predict growth of some alts...

About iCoin I think there's a big room for growth. But at that moment, it's likely that we see a growth from 1000 to 3000 than from 1000 to 10000 satoshi. Because there's no reason for them who bought at 1000 now, not to sell at 5000. They will still get good profit from iCoin.

Well at current price it requires 100x3 minutes, so 100x20 (per hour) = 2000, @ 24 hours a day so 48000 coin/day. at 1000 satoshi you need only 0.44BTC to keep the price of 1000 satoshi. If you look at EAC:

30seconds = ~10,000 (its actually variable, and a bit more but to simplify calculations ill use 10,000)
120 blocks/hr = 1,200,000 /hr
24 hrs = 28,000,000/day more new coins. Currently 15 satoshi would net 4.2btc/day.

This, combined with the massive amount of alts being created and placed on all exchanges everywhere means all alt-coins are fighting for the same pool of btc/ltc to keep their prices stable as all coins have more volume hitting the markets.  At least thats a big factor of price declines in my opinion.  Just a few months ago the list was at least 80% smaller to spread that btc/ltc investments.  It will be nice when more ways (fiat mainly) bring price stability to some of the alts.

Hard to say, because right now I'm starting to think that the "problem" of iCoin is exactly the same as earthcoin's, the block reward is still at the highest number, and will be for a very long time. So there are constantly more coins mined than there possibly can be buyers. In 3 months there will be double the coins than today. Will there be double the people throwing BTC into iCoin? I doubt it. The big investments have already been made. That's why I see the exchange price going way below 100, so I'm probably waiting either the block reward halving or the price going to around 50 to buy more. Unless of course, the critical mass is reached and more people find their way into cryptos and iCoin that can eat all the mined coins and more.

Ok, but I was asking only about these prices. Will you buy more 150K if price will drop to 400 satoshi?

I've been buying at these prices a bit, and have ~150K now. But it will probably go all the way down to 80 satoshi, at which point I think I'm going to buy 1-2 MILLION.  

How many coins do you need to buy up to 2650.. 3077. which even at 2650 is only 0.0815 BTC. So low yes, but hardly in rough shape.

edit: mind you this on on cryptorush, polonex and others arent to crazy either, a few thousand

Well, every coin value is really low right now.
I don't think it is anything related to iCoin.

I dont think prices will go up until April to be honest, but I'm not worries about current trading prices as I'm confident they will be up long term

Alright Some great news, our web designer has already sorted out the Merchant page.

http://geticoin.com/merchants/

I would like to introduce iCoinians to our first Dutch Merchant. So anyone looking for web designers in the Netherlands, these guys are top class, they only accept bitcoin and iCoin.

http://www.biteweb.nl/

Thanks to the community for your patience just remember iCoin is very low profile at the moment, only after 9th April will we be exposed to the world, don't stress about current
trading prices.

Most of our buyers have btc stuck on coinmarket.io still, there is a glimmer of hope now that we might get our btc back.

99% of the coins have gone down in price besides the latest pump and dump ones but we really got hit hard because of coinmarket as some of our buyers are nervous about exchanges.

Incase you missed it, our Android wallet is now on the play store. We will also be adding our merchant page to the website within the next 24 hours.

https://play.google.com/store/apps/details?id=com.toodroid.androidwallet.icn

Bigridg7 is hard at work preparing for the Crypto Currency Convention and we are in talks with a party to look at setting up a iCoin/Fiat exchange , we realize we need to run independently of bitcoin because there just isn't enough to cater for trade and consumers.

The iCoin/Fiat exchange will take time to implement.

I'm interested in... How do you think, will price go to 300-400 satoshi next week?? It looks like multipools are pointed on iCoin.

I am buying up on cryptorush picked some up for 800sat yesterday woop

Yes, this "hopefully" is really one word that can explain, why I'm holding iCoin now.

I know that if it will grow to 3000 satoshi again, i will sell... How do you think, this convention will really influence the price?

I personally expect it to bounce back pretty soon.
Especially once we get more attention after the cryptocurrency convention (hopefully)

Hah...

iCoin is in free fall...

It falled from 3000 to 700 satoshi. Bad news for me and for those who invested at 3000...

And iCoin is on 140th place on CoinMarketCap...

Enjoy your bonus iCoins!
You can always check out our official faucet on http://faucet.impy.me/ to get small amounts of icoins every hour!

EDIT: Just noticed our faucet reached 5555+ payouts! Thank you guys for supporting this coin!

Thank you BigRidge7 for the bonus icoins

Hey NR,

You can PM your suggestions to TeamICoiN or Viperbass who handles the dev projects.

Thanks
iCoin Support.