Topic: ICONOMI - Live for today. Invest for tomorrow. - page 140. (Read 583532 times)

Good team and fantastic project Iconomi is. Sad I did not participate in their ICO.

while I think a bit expensive with the decline of -20% will be an interesting price. the profit comes to the patient.

Buybacks coming....buy now!

I'm trying to find my entry point, but something to me suggests that we can be even lower to the point of -60 where I started and then it will be necessary to take.

I always read here. I actually checked reddit just before, and noticed you made the same point as I did, around 8 hours before me (about end users not needing ICN)

Great fools think alike!

The bleeding has been fun. 10-15 billion up and down every week. It'll be interesting to see if Iconomi have timed their launch just right.

LOL, how you pop up here when everything is bleeding.
So you're back from reddit for now?

Man, the game you play..

I've pondered on this too, but the same case could be made for many tokens with a fixed/capped supply. The supply reduction only speeds up this process. Even inflationary tokens will do this, as their values are currently still increasing in $ value (well, they were until recently )

If I wanted 1 bitcoin for my computer last year, you might have paid it. If I asked for 1 bitcoin for it now, you'd laugh at me (plus the computer would be more dated, but let's ignore that!)

You might be right that it won't work. I'm not sure. This was never part of the original plan (at least not as we know it), so it does seem like it's been "thrown together" on a platform that was never built with this buyback/utility system in mind.

I suppose we'll have to wait and see just what this utility is, before making a final judgement. It could be that you need a large amount of ICN in lock-up, in order to run a DAA (like a masternode type thing). Jani has also said that those with a lot of ICN will be able to join the ICO investing service (where you can have your funds sent with theirs, when an ICO is likely to sell out fast)

As far as I understand it, the consumer-facing aspect of Iconomi is to buy into DAAs - not to create them. I expect anybody creating them will already be familiar with crypto, and ICN's usage will make enough sense to them. I don't imagine an end user will ever need to buy/use ICN for anything, so its fluctuating value won't be a concern there. The end user will never have to worry about ICN - they'll be buying ICNX, or whatever.

Just some thoughts.

(Hi Daparski)

Lets just hope this BTC hardfork business goes through quickly and smoothly. The sooner this is forgotten, the sooner we can get back to steady rise for all the crypto economy.

A new Wannacry type worldwide virus attack might help bringing the media spotlight back on us and thus increasing the flow of new money. This will all benefit ICN, considering the wide range of cryptos managed by the fund.

also waiting for august. everyone talks bad for cypto world in august , but i guess ICN is going to moon!!!

This is exactly why buy backs don't work. Who cares if ICN is valued at 10$ and the cost of using it is reduced. The whole utility factor.

If all the ICN in the world spare 1 is burned they just reduce the rate to .00000001 ICN for transaction fees. Don't get me wrong, I still hold hundreds and want it to appreciate but I still fail to see why this should rise given the fact that the shares don't represent ownership or airdrops. Airdrops happen on the bitshares dex is you hold obits or several other tokens. It's totally possible to do it if the shares aren't on an exchange which decreases liquidity and increases value

Dear ICONOMI supporters,

Welcome to our June 2017 update. We are proud to announce that all ICO participants have been given early access to the ICONOMI platform and that we are eager to show you everything else that we have in store. Please enjoy an overview of the past month.


ICONOMI ICNX DAA Rules Update
We have enhanced how the ICNX is managed. At the moment, ICONOMI is managing $2.9M worth of assets represented by the ICNX DAA. The ICNX value and structure are published and updated in real time.

Cofound.it became an independent project
Cofound.it is a distributed global platform that connects exceptional startups, experts and supporters worldwide. It’s goal to is to become a platform where hundreds of thousands of the best startups go to expand their potential and find investment. A platform where millions of experts with proven track records offer their expertise, and a platform where tens of millions of investors go to find the best projects to support without worrying about their legitimacy.

Cofound.it started as a part of ICONOMI but is now a separate entity with a successful ICO behind it. Being a separate company enables the Cofound.it team to completely focus on their mission - to become a distributed VC ecosystem for the distributed future. 10% of Cofound.it tokens (50M CFI) is owned by ICONOMI, where the Cofound.it project was born and has evolved. On top of that, ICONOMI supports storage of CFI tokens directly on our platform.

We’ve changed the platform fees
Since our ICO, the value of ICN has appreciated to the level where we are now reducing the ICN transaction fee. Instead of 1 ICN per withdrawal, the fee for ICN withdrawals will be 0.1 ICN per transaction.

We have also changed the ETH, BTC and CFI withdrawal fees - for details, please see here.

We are focusing on security
Remember, it is important to stay vigilant in order to keep up with the best practices of keeping your assets safe. The ICONOMI platform already provides you with several security measures and with this post you’ll gain important information about the security measures YOU can take to keep your account protected.

What’s in store for July 2017?
Have any questions, requests or comments? We will be happy to answer them on July 12th, when we’ll host our next Reddit AMA session.
Following July’s Reddit AMA session is our Q2 Financial Report that we’ll publish by the end of this month.
ICONOMI co-founders will be attending the Bitcoin & Digital Currency Investors conference, Coin Agenda, which will take place in Barcelona between 16th and 18th July.

Stay tuned as we add more events throughout the month and make sure to follow us on Facebook and Twitter!


Thank you for your ongoing support,
The ICONOMI team

I also hope icn goes to moon after August.There next investment would be propy.It is also a very promising project related to real estate industry

On July 12th will be next Reddit AMA session.
And by the end of July  Q2 Financial Report will be published.
After Q2 report ICN price should definitely start to move

Seems like we are going to Moon in a couple days or week. August and September will be crazy!

In this situation you have to buy using fiat obviously. Now is a good time to buy everything tbh.

Not sure it always keeps the same ratio. I think eth goes down less than ICN and other erc-20
eth starts to be less volatile than before

Yea, but the "shitty" thing is it only falls when everything else falls too. Meaning when I see cheaper ICN I'm like "Oh ICN has gone cheap, time to buy some, lets see how many I can buy". Then I do some calculations and it turns out I can always buy about as many ICN as I could have bought before the current mass sell off, cause my ETH for example has also gone cheaper

ICONOMI you can !!!! I'm really think that we can reach 10/20$ Or more this year !!!

the price is not very low, it was 70% for the week, and then almost -30% I would like some more lower -50 or else these guys I will tear off three skins.

Voila voila .....
https://www.iconomi.net/dashboard/#/INDEX