ICONOMI - Live for today. Invest for tomorrow. - page 14.

ChinkyEyes

sr. member

Activity: 687

Merit: 301

Quote from: BitPotus on September 27, 2018, 08:51:29 AM

Quote from: sud on September 27, 2018, 08:13:37 AM

@BitPotus

LOL. TBH I have to say I'm not suprised, but I was hoping they will keep their promises till now... I wonder if the conversion to this new eICN tokens will be 1:1.

Quote

Starting on November 1, 2018, eligible ICN token holders can choose either to opt into becoming shareholders of a new joint-stock company that will be tokenized with eICN tokens, or to exchange their ICN tokens for ETH

Anyway, I sold out my ICN a while ago and don't plant to be part of this unfortunate project anymore.

to be fair, all the people among us who got in at ICO made a minimum of x10 at least off their investment.

So I guess we can't be too greedy.

But we never got that fucking hopium mETH style pamp.

I remember some of us were dreaming of $100 per ICN....

Kiss

We had a good run, too bad the dreams are dead.
Not been here since ICO, but I bought some ICN in december 2016-january-2017.
I am guessing most people here who have sticked around for so long, have big bags. I do not own a lot of ICN and made enough profits with it while trading it during the pumps.

So I am just going to take a leap of faith with the eICNs. Just to see how they will develop and how things will work from now on.

sud

sr. member

Activity: 826

Merit: 301

@oljo

Liqui delisting is just coincidence IMO, they are removing lots of coins besides ICN, I don't believe they knew about this earlier. Who you think want to get control? Most users will sell probably their tokens on exchanges or to ICONOMI, so they should get most eICN anyway.

BTW since now price is below 0.0019 ETH, you think people will try to get more tokens and sell them to ICONOMI with profit?

BitPotus

hero member

Activity: 1050

Merit: 604

Quote from: stormia on September 27, 2018, 02:35:59 PM

Good job fucking over all your US investors. I hope legal action is sought for losses. I would love to take part in a class-action. If any lawyer is reading this, get in touch.

should have sold a long time ago mate.

madoff was right all along.

should have listened to him.

¯\_(ツ)_/¯

estenity

hero member

Activity: 1923

Merit: 538

Quote from: stormia on September 27, 2018, 02:35:59 PM

Good job fucking over all your US investors. I hope legal action is sought for losses. I would love to take part in a class-action. If any lawyer is reading this, get in touch.

not only the us investors !
even if a class action is easier there?

oljo

newbie

Activity: 40

Merit: 0

This seems too easy... no notable persuasive hodl narrative directed towards the eICN

vote , liquidate, Lichtenstein

This is someone about to get control ... no fomo is a tell

Eligible was typed way too many time as well ..

Buy more ...

And how many are still being burned ?

Anyone read liqui will delisted ICN ...announced 7 days ago

What did they know?

Buy hodl more ... cause this someone who wants vote control...

has been gaming this token

stormia

hero member

Activity: 868

Merit: 1000

Good job fucking over all your US investors. I hope legal action is sought for losses. I would love to take part in a class-action. If any lawyer is reading this, get in touch.

estenity

hero member

Activity: 1923

Merit: 538

Quote from: BitPotus on September 27, 2018, 08:51:29 AM

Quote from: sud on September 27, 2018, 08:13:37 AM

@BitPotus

LOL. TBH I have to say I'm not suprised, but I was hoping they will keep their promises till now... I wonder if the conversion to this new eICN tokens will be 1:1.

Quote

Starting on November 1, 2018, eligible ICN token holders can choose either to opt into becoming shareholders of a new joint-stock company that will be tokenized with eICN tokens, or to exchange their ICN tokens for ETH

Anyway, I sold out my ICN a while ago and don't plant to be part of this unfortunate project anymore.

to be fair, all the people among us who got in at ICO made a minimum of x10 at least off their investment.

So I guess we can't be too greedy.

But we never got that fucking hopium mETH style pamp.

I remember some of us were dreaming of $100 per ICN....

Kiss

ICO price was 22,000 satoshis per ICN, so the exchange rate of 0.0019 ETH is very defavorable for ICN holders at the current rate of 6,500 usd per btc and 220 usd per ETH.

yes this project has been unfortunate for subscribers, but lucrative for organizers.

the minimal exit should be at par with 0.00022 (BTC plus BCH).

BitPotus

hero member

Activity: 1050

Merit: 604

Quote from: sud on September 27, 2018, 08:13:37 AM

@BitPotus

LOL. TBH I have to say I'm not suprised, but I was hoping they will keep their promises till now... I wonder if the conversion to this new eICN tokens will be 1:1.

Quote

Starting on November 1, 2018, eligible ICN token holders can choose either to opt into becoming shareholders of a new joint-stock company that will be tokenized with eICN tokens, or to exchange their ICN tokens for ETH

Anyway, I sold out my ICN a while ago and don't plant to be part of this unfortunate project anymore.

to be fair, all the people among us who got in at ICO made a minimum of x10 at least off their investment.

So I guess we can't be too greedy.

But we never got that fucking hopium mETH style pamp.

I remember some of us were dreaming of $100 per ICN....

Kiss

sud

sr. member

Activity: 826

Merit: 301

@BitPotus

LOL. TBH I have to say I'm not suprised, but I was hoping they will keep their promises till now... I wonder if the conversion to this new eICN tokens will be 1:1.

Quote

Starting on November 1, 2018, eligible ICN token holders can choose either to opt into becoming shareholders of a new joint-stock company that will be tokenized with eICN tokens, or to exchange their ICN tokens for ETH

Anyway, I sold out my ICN a while ago and don't plan to be part of this unfortunate project anymore.

BitPotus

hero member

Activity: 1050

Merit: 604

https://medium.com/iconominet/a-new-chapter-for-iconomi-transformation-of-corporate-governance-and-issuance-of-equity-tokens-dc603df2272b

What about ICN utility?
The utility functions of the ICN token will be discontinued on December 31, 2018.
Consequently, wherever the ICN token was used to pay for additional services for DAA managers, ETH or fiat currencies will be used instead.

either you become share holders or you sell your ICN for ETH.

Token holders will be able to sell their ICN tokens on exchanges. If trading on exchanges stops, ICONOMI will take over and buy ICN tokens from token holders in exchange for ETH at an exchange rate set at 0.0019 ETH for 1 ICN

rekt boys.

no pump for you.

ChinkyEyes

sr. member

Activity: 687

Merit: 301

Quote from: btcyoda on September 22, 2018, 12:47:53 AM

Quote from: ChinkyEyes on September 21, 2018, 07:34:38 AM

I have been wondering for a while what would a BTC ETF mean for Iconomi? (not talking price speculation)
Let's say for the sake of argument the SEC will approve an ETF. Are there any opportunities or possibilities for Iconomi? Or will Iconomi become redundant?

BREAKING DOWN 'Exchange-Traded Fund (ETF)'
An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. The actual investment vehicle structure (such as a corporation or investment trust) will vary by country, and within one country there can be multiple structures that co-exist. Shareholders do not directly own or have any direct claim to the underlying investments in the fund; rather they indirectly own these assets.

ETF shareholders are entitled to a proportion of the profits, such as earned interest or dividends paid, and they may get a residual value in case the fund is liquidated. The ownership of the fund can easily be bought, sold or transferred in much the same way as shares of stock, since ETF shares are traded on public stock exchanges.

https://www.investopedia.com/terms/e/etf.asp

In this case, people who are holding the Bitcoin will also get the portion of dividends for accepting Bitcoin ETF. I am literally confused about this ETF model which makes me confused about how they are going to share profit for holders?

No the fund holds the bitcoin and the ETF shareholders receive a proportion of the profits. The shareholders will own bitcoin indirectly. Basically almost the same as Iconomi with their assets managers. The assets manager acts as a fund and holds the crypto and you own it indirectly.

btcyoda

member

Activity: 644

Merit: 10

Quote from: ChinkyEyes on September 21, 2018, 07:34:38 AM

I have been wondering for a while what would a BTC ETF mean for Iconomi? (not talking price speculation)
Let's say for the sake of argument the SEC will approve an ETF. Are there any opportunities or possibilities for Iconomi? Or will Iconomi become redundant?

BREAKING DOWN 'Exchange-Traded Fund (ETF)'
An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. The actual investment vehicle structure (such as a corporation or investment trust) will vary by country, and within one country there can be multiple structures that co-exist. Shareholders do not directly own or have any direct claim to the underlying investments in the fund; rather they indirectly own these assets.

ETF shareholders are entitled to a proportion of the profits, such as earned interest or dividends paid, and they may get a residual value in case the fund is liquidated. The ownership of the fund can easily be bought, sold or transferred in much the same way as shares of stock, since ETF shares are traded on public stock exchanges.

https://www.investopedia.com/terms/e/etf.asp

In this case, people who are holding the Bitcoin will also get the portion of dividends for accepting Bitcoin ETF. I am literally confused about this ETF model which makes me confused about how they are going to share profit for holders?

niksdt101

hero member

Activity: 803

Merit: 501

i'm not blindly defending ICN , but hey the market is still in a corrective path and it will take some time for recovery and ICN will come up.

BitPotus

hero member

Activity: 1050

Merit: 604

Quote from: ChinkyEyes on September 21, 2018, 07:34:38 AM

I have been wondering for a while what would a BTC ETF mean for Iconomi? (not talking price speculation)
Let's say for the sake of argument the SEC will approve an ETF. Are there any opportunities or possibilities for Iconomi? Or will Iconomi become redundant?

BREAKING DOWN 'Exchange-Traded Fund (ETF)'
An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. The actual investment vehicle structure (such as a corporation or investment trust) will vary by country, and within one country there can be multiple structures that co-exist. Shareholders do not directly own or have any direct claim to the underlying investments in the fund; rather they indirectly own these assets.

ETF shareholders are entitled to a proportion of the profits, such as earned interest or dividends paid, and they may get a residual value in case the fund is liquidated. The ownership of the fund can easily be bought, sold or transferred in much the same way as shares of stock, since ETF shares are traded on public stock exchanges.

https://www.investopedia.com/terms/e/etf.asp

In case you didn't get the memo, ICONOMI's been redundant ever since they reneged on their promise to pay dividends.

It's just a shitcoin that's good for pamps and damps.

And it's not had a decent pamp in ages, so it's even failing at that.....

Roll Eyes

ChinkyEyes

sr. member

Activity: 687

Merit: 301

I have been wondering for a while what would a BTC ETF mean for Iconomi? (not talking price speculation)
Let's say for the sake of argument the SEC will approve an ETF. Are there any opportunities or possibilities for Iconomi? Or will Iconomi become redundant?

BREAKING DOWN 'Exchange-Traded Fund (ETF)'
An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. The actual investment vehicle structure (such as a corporation or investment trust) will vary by country, and within one country there can be multiple structures that co-exist. Shareholders do not directly own or have any direct claim to the underlying investments in the fund; rather they indirectly own these assets.

ETF shareholders are entitled to a proportion of the profits, such as earned interest or dividends paid, and they may get a residual value in case the fund is liquidated. The ownership of the fund can easily be bought, sold or transferred in much the same way as shares of stock, since ETF shares are traded on public stock exchanges.

https://www.investopedia.com/terms/e/etf.asp

BitPotus

hero member

Activity: 1050

Merit: 604

Quote from: muleroaa on September 18, 2018, 05:57:00 PM

Quote from: BitPotus on September 14, 2018, 06:30:17 AM

https://blog.cofound.it/closing-cofound-it-as-crowdfunding-market-disappears-and-presenting-good-practice-for-icos-796db5e001b8

Cofound.it just closed shop.

ICN will probably be next....

R.E.K.T

Doesn't this just mean that now more attention can be focused on Iconomi, or does the Cofound.it team have nothing to do with Iconomi anymore?

If you believed the spiel, Cofound.it was always a separate entity....

To be honest, am surprised that ICN hasn't traded down to 1 cent yet.

Guess Jani has infinite patience and is prepared to torture all the ICN zombies for as long as it takes.

I'd be buying at 1 cent though.

Grin

muleroaa

hero member

Activity: 924

Merit: 526

GIF by SOCIFI

Quote from: BitPotus on September 14, 2018, 06:30:17 AM

https://blog.cofound.it/closing-cofound-it-as-crowdfunding-market-disappears-and-presenting-good-practice-for-icos-796db5e001b8

Cofound.it just closed shop.

ICN will probably be next....

R.E.K.T

Doesn't this just mean that now more attention can be focused on Iconomi, or does the Cofound.it team have nothing to do with Iconomi anymore?

estenity

hero member

Activity: 1923

Merit: 538

Quote from: AndreyRocker on September 17, 2018, 01:04:12 PM

Quote from: sud on September 14, 2018, 01:20:09 PM

@BitPotus

Damn, that is something new in crypto - closing the project and doing refunds. What exactly are they giving back to token holders? And trading will stop today without any warning? Sounds drastic....

I don't think something like that could happen with Iconomi tho, cause thay have working platform which is generating income.

Unexpected decision to close cofound. But the ICONOMI will remain, because they really work, they have assets, and constant profit. So we don't have to worry.

they have also a major shrinking price (1), dividends suppressed (2), and ICN token without real utility (3).

(1 may be a consequence of 2 and 3)
$0,370372 USD (-1,29%)
0,00005881 BTC (1,76%)
0,00180756 ETH (5,98%)

AndreyRocker

member

Activity: 420

Merit: 25

Quote from: sud on September 14, 2018, 01:20:09 PM

@BitPotus

Damn, that is something new in crypto - closing the project and doing refunds. What exactly are they giving back to token holders? And trading will stop today without any warning? Sounds drastic....

I don't think something like that could happen with Iconomi tho, cause thay have working platform which is generating income.

Unexpected decision to close cofound. But the ICONOMI will remain, because they really work, they have assets, and constant profit. So we don't have to worry.

estenity

hero member

Activity: 1923

Merit: 538

Quote from: therhslv on September 16, 2018, 11:40:37 AM

Quote from: sud on September 14, 2018, 01:20:09 PM

@BitPotus

Damn, that is something new in crypto - closing the project and doing refunds. What exactly are they giving back to token holders? And trading will stop today without any warning? Sounds drastic....

I don't think something like that could happen with Iconomi tho, cause thay have working platform which is generating income.

I think they will pay out the Tokens they collected from ICO's on their platform to CFI token holders , but not really quite sure . Hopefully it will not affect Iconomi project . As long ICONOMI gaining profits then it should not happen .

maybe ICN should do the same thing, and reimburse us, as they have become a pure financial company.

Topic: ICONOMI - Live for today. Invest for tomorrow. - page 14. (Read 583532 times)