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Topic: [ANN][ICN] iCoin - On Swisscex, C-Cex, Bittrex exchange - page 70. (Read 162098 times)

full member
Activity: 154
Merit: 100
Possible I'm wrong. Could you explain how it works?

if all the coins were mined then it would be correct. But it's basically how many coins have been mined to date.

Bitcoin for example right this second has 12 million+ bitcoins in circulation. but a total of 21 million will be mined in the future. You work out the total by the amount of coins currently in existence. not how many there are going to be. unless they have all already been mined.

 icoin i think will have 17.5 million in the first year in circulation, so any estimation of price should be using that number as a basis of value....Althou that number could be slightly wrong. i read it from a fellow Icoiner and didn't check the accuracy.

But it will take 900 years to have the total number of coins in circulation




I understand now that there will be only 17.5 million first year. But even an 1.75 million market cap (=0.1$/ICN) seems hard to reach. There are so many new coins sharing the same (not very large) market and most of them have only 5-6 digit numbers ( http://coinmarketcap.com/ ). For example, what has iCoin more than Vertcoin (which was the most succesful coin in recent times) to gain a larger market cap?

flo_k, iCoin has already had various trades execute at higher than .10 USD upon the launching of our most recent exchanges. Currently, the value is almost .04 USD and that's without proper messaging, marketing, user interface, website, etc... iCoin is not listed on any major exchange yet, nor any popular comparison sites like CoinMarketCap or CoinWarz. We are very much in the infancy stages, only being 40 days old. You also have to take into consideration our strategy is longevity, not pump n dump, and the fact that Bitcoin has taken a recent nosedive subtly brings down the value per iCoin as well. It's also unfair to compare iCoin to "traditional" alternative currencies as our marketing strategy will rely heavily on introducing new users outside of the core cryptocurrency community, whom many of which will likely not even know what "digital currency, scrypt, Litecoin, or mining is Smiley

There are many factors that weigh in iCoin's favor, and the iCoin team looks forward to enacting all these plans into fruition. Look forward to having you on board. Looking forward to a continued engaging discussion and to the future as a whole - Ridg
member
Activity: 70
Merit: 10
Possible I'm wrong. Could you explain how it works?

if all the coins were mined then it would be correct. But it's basically how many coins have been mined to date.

Bitcoin for example right this second has 12 million+ bitcoins in circulation. but a total of 21 million will be mined in the future. You work out the total by the amount of coins currently in existence. not how many there are going to be. unless they have all already been mined.

 icoin i think will have 17.5 million in the first year in circulation, so any estimation of price should be using that number as a basis of value....Althou that number could be slightly wrong. i read it from a fellow Icoiner and didn't check the accuracy.

But it will take 900 years to have the total number of coins in circulation




I understand now that there will be only 17.5 million first year. But even an 1.75 million market cap (=0.1$/ICN) seems hard to reach. There are so many new coins sharing the same (not very large) market and most of them have only 5-6 digit numbers ( http://coinmarketcap.com/ ). For example, what has iCoin more than Vertcoin (which was the most succesful coin in recent times) to gain a larger market cap?
full member
Activity: 224
Merit: 100
RTFM ;D
just 2 hours to go....

i'm so excited  Cheesy
hero member
Activity: 924
Merit: 1000
Possible I'm wrong. Could you explain how it works?

if all the coins were mined then it would be correct. But it's basically how many coins have been mined to date.

Bitcoin for example right this second has 12 million+ bitcoins in circulation. but a total of 21 million will be mined in the future. You work out the total by the amount of coins currently in existence. not how many there are going to be. unless they have all already been mined.

 icoin i think will have 17.5 million in the first year in circulation, so any estimation of price should be using that number as a basis of value....Althou that number could be slightly wrong. i read it from a fellow Icoiner and didn't check the accuracy.

But it will take 900 years to have the total number of coins in circulation


member
Activity: 70
Merit: 10
Possible I'm wrong. Could you explain how it works?
hero member
Activity: 924
Merit: 1000

And i hope to see iCoin worth around 10$ per coin in the near future. Smiley
[/quote]

That means 5 billion market cap. No way!
0.1$ per coin (=50 million market cap) would be extraordinary, but still very hard to believe. For this it has to fight with Doge on the same market - that of enthusiasts and newcomers (attracted through social networks) - on which Doge is already far away and seems unshakable.  And worse, similar coins (with the same target) appear, now, every day - for example, look at DigiByte and Reddcoin, both very well marketed (maybe better than iCoin).
Yes, you have a very good name, but you must do much more to convince people. Let's see this evening's surprize Smiley


[/quote]

that's not how market cap works
sr. member
Activity: 249
Merit: 250
ICN/BTC, ICN/DOGE Markets added on https://coins2themoon.com/


Any reviews? looks sketchy
newbie
Activity: 24
Merit: 0
full member
Activity: 154
Merit: 100


And i hope to see iCoin worth around 10$ per coin in the near future. Smiley
Quote
That means 5 billion market cap. No way!
0.1$ per coin (=50 million market cap) would be extraordinary, but still very hard to believe. For this it has to fight with Doge on the same market - that of enthusiasts and newcomers (attracted through social networks) - on which Doge is already far away and seems unshakable.  And worse, similar coins (with the same target) appear, now, every day - for example, look at DigiByte and Reddcoin, both very well marketed (maybe better than iCoin).
Yes, you have a very good name, but you must do much more to convince people. Let's see this evening's surprize Smiley



Hey Flo,

Currently iCoin has a 900 year mining life, it's build for longevity, there will be around 50 million iCoin in 40 years, double bitcoin, however as will be explained in our update we believe
mICN would become that standard in a few years from now. So effectively in 40 years time at $10 a coin that would only be $500 million market cap.

We definitely aiming a lot higher then that and a lot sooner.
member
Activity: 70
Merit: 10

[/quote]
And i hope to see iCoin worth around 10$ per coin in the near future. Smiley
[/quote]

That means 5 billion market cap. No way!
0.1$ per coin (=50 million market cap) would be extraordinary, but still very hard to believe. For this it has to fight with Doge on the same market - that of enthusiasts and newcomers (attracted through social networks) - on which Doge is already far away and seems unshakable.  And worse, similar coins (with the same target) appear, now, every day - for example, look at DigiByte and Reddcoin, both very well marketed (maybe better than iCoin).
Yes, you have a very good name, but you must do much more to convince people. Let's see this evening's surprize Smiley

hero member
Activity: 1022
Merit: 1000
Not that I'm excited or anything but it's only 8 hours and 40 mins to the annoucement Smiley
legendary
Activity: 988
Merit: 1000
Really shocked the price has stayed above 4000 on coinmarket.io with the extra flood of coins from the mining promotion.

This while bitcoin price has dropped along with every other currency besides Dogecoin.



People sold many of iCoins at 3200 or something around it on Cryptorush.in when promotion ended. I bought some at this moment, now can buy only for 4900. And something interesting, is that only 48000 iCoins produced daily, but buy orders are on 140000 iCoins or more, it's like 3 days of full mining.

It's not wonderful that nobody sells. I for sure know that devs will not sell premine at that moment in any cases. I personally made some work for community and awarded 3500 iCoins, i know that they promote coin and want it to succeed. And i hope to see iCoin worth around 10$ per coin in the near future. Smiley

There is a chance for a price explosion on this coin that we have never seen before, if the devs are releasing a couple new pretty banners, the price is not going to do much.

It really depends what happens tonight and what is being released. No one knows...
full member
Activity: 224
Merit: 100
MineCrew
Really shocked the price has stayed above 4000 on coinmarket.io with the extra flood of coins from the mining promotion.

This while bitcoin price has dropped along with every other currency besides Dogecoin.



People sold many of iCoins at 3200 or something around it on Cryptorush.in when promotion ended. I bought some at this moment, now can buy only for 4900. And something interesting, is that only 48000 iCoins produced daily, but buy orders are on 140000 iCoins or more, it's like 3 days of full mining.

It's not wonderful that nobody sells. I for sure know that devs will not sell premine at that moment in any cases. I personally made some work for community and awarded 3500 iCoins, i know that they promote coin and want it to succeed. And i hope to see iCoin worth around 10$ per coin in the near future. Smiley
member
Activity: 112
Merit: 10
Really shocked the price has stayed above 4000 on coinmarket.io with the extra flood of coins from the mining promotion.

This while bitcoin price has dropped along with every other currency besides Dogecoin.

full member
Activity: 210
Merit: 100
What are the next steps you guys have planned for promotion?

I know that the new website is almost online, but how do you plan on really getting it out there? Are you working on creative competitions and viral marketing strategies?

Do you have a one month plan? a six month plan? What can we expect to see and when can we expect to see it?



The plan is never ending, but we can't do it alone, it will be up to the community to set the stage alight... we just bringing the oil and lighter to the party.

You will see our on our new website how you can get involved in improving iCoin.

full member
Activity: 210
Merit: 100
The icoin dice game is not working, it should be fixed or removed from the front page

Thanks jogo, we have contacted the dice owner, if he doesn't get back to us before the launch we will have it removed.
sr. member
Activity: 249
Merit: 250
The icoin dice game is not working, it should be fixed or removed from the front page
newbie
Activity: 48
Merit: 0
What are the next steps you guys have planned for promotion?

I know that the new website is almost online, but how do you plan on really getting it out there? Are you working on creative competitions and viral marketing strategies?

Do you have a one month plan? a six month plan? What can we expect to see and when can we expect to see it?

legendary
Activity: 2646
Merit: 2793
Shitcoin Minimalist
Just reading the comments above. I can't stress enough, thank you everybody for your support of iCoin so far!! As we all know, cryptocurrencies (successful ones) require community support, and we're certainly trying our hardest to EARN that as we speak. iCoin is the people's currency and all this small little initial team can do is accurately set the stage for a successful future, and let the snowball build. I'm so excited to see what happens in months to come!  Smiley

Myself and the other members of the iCoin Team have been working diligently the past 48 hours to wrap up final copywriting and design work for the website, among other items Wink All I'm going to say is that the reason  I was initially attracted to iCoin, and ultimately joined it's team was because I fell in love with the name, the design work, and the longevity. I'm telling you - the name and the longevity are definitely still there... more than ever, but when it comes to this new website layout and design (and more) I now truly believe we have a global competitor here. We understand that unlatching a currency like Bitcoin and Litecoin is rather unrealistic at this point, and would require a perfect series of events to fall into place, but personally we will be unsatisfied with anything less than 3rd in market cap (for the time being) and our mission is to emerge into a globally recognized dominant player. We're about to unleash iCoin 2.0, look forward to collaborating with everyone tomorrow!



Set your sights high! Frankly, I don't think the Litecoin devs have done anything exciting since the coin's inception. They seem to be satisfied just resting on their laurels. That #2 spot is still up for grabs as far as I'm concerned. Recently, even Doge has had the Litecoin devs sweating, and iCoin has a lot more potential than that.
legendary
Activity: 2646
Merit: 2793
Shitcoin Minimalist
Interesting trades occurring on the exchanges, was expecting ICN prices to dip with the mining promotion.

This is by far the best coin to mine and dump atm.

Every other coin on coinmarket.io has gone down hugely in value.

Lots of mixed emotions within the iCoin team, that's all I can say. We hope the changes will be well received by the community.

Why mixed emotions? I got the impression you were fully positive about the stuff you were doing.  Huh

We are definitely positive Smiley but as humans we don't know if what we think is great for iCoin will be what the community sees too.


You could always bounce ideas off the community, even if it has to be done privately.
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