Topic: ICONOMI - Live for today. Invest for tomorrow. - page 151. (Read 583532 times)

What is the best investment to do right now ? ICN or ICNX ?

It's not about survival of Bitcoin. Bitcoin will survive after fork. But I'm not sure if its price will go up or down.

I will sell some at 100$ not 50

"Not selling ICN before $50" and ICNX front-running opportunities discussed in the "Crypto Investing 101 - How to Win" episode of the Crypto Times:

https://youtu.be/OqnIzhD4Aas

Yea, just about a week to July's AMA and the Q2 report. I hope they announce the beginning of another buyback. With these events closing in on ICN's calendar we probably won't see the price drop much lower than it currently is, so I guess that's going to be the last correction before the big jump that will likely come prior to the platform release.

ICNX access received today! Finally getting to us smaller investors.

Really looking forward to the Q2 report to see how many burned

I was able to deposit my ICN but haven't access to the icnx buy and sell.

You can buy/sell ICNX only after phone verification. If you are US citizen you won't be able since it is not offered to Americans.

Q2 is about to finish but this is looking very professional and that is reflect on current price trend. I think it will continue to rise and at the end of this year it will pass $10 easily. Let's see what that report will bring and how much had been burnt.

Icn is my best investment so far.I am expecting price to go at $10 in August when platform is open also the doubt over bitcoin future will attract more people to diversify their investment and what could be better than ICONOMI?

 The financial report for Q2 will contain all the details of buybacks made within Q2 and it will come soon.

Same for me everythink work perfectly and i buy again icnx today

I want ask if anyone knows the exact amount of ICN tokens that the team has bought and burnt so far from the profit accrued so far. The price seems to be on upward trend  now

You were able to file ICT 2 months ago, while you just have access to the platform ?? Strange ....
For my part no worries nor bug on the platform, it works very well.
It has been 2 months since I have access to it and multiple operations.

Yea, few hours ago I also couldn't use it properly. But now it's OK.
You deposited to a platform you didn't have access to yet?

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

It was done to comply with U.S.A. security laws. 

Buybacks are equal to dividends under some assumptions. There are some financial papers that address this question. Congrats to Iconomi team for understanding it and saving some transaction costs.

What is your reasoning for only 1 more year?  I know when ICNX opens up to the masses it will attract >$1 billion AUM.  Just look at the top 8 currencies, all over $1B.  That is such a small sliver of the entire market ICNX will attract - I'm trying to be conservative with my numbers.  That means $7.5M worth of ICN burned every quarter, $82k per day.  Once U.S.A. security laws open up the market you will see institutional investors dive in with both feet and this would be a necessity in their portfolio...that is when you'll see ridiculous growth.  If U.S.A security laws don't bode well for ICN then you will still see >$1B AUM, meaning a $15 ICN price based on what the current crypto market cap is about $110B.  1% of that should be doable within a year.  $30 million burned (if AUM reach $1B) which will be about 10% of the current ICONOMI market cap, which is 6,880,000 ICN burned. 

So assuming the market cap of ICN stays at $380M and there is 87M ICN (which there is less I can probably assume), that gives you your current price at $4.36.  Every 1M ICN burned is $0.05 on the price, meaning 6.88M ICN burned is $0.34 on the price...(***assuming the market cap does not change!).  So once you factor $10M from ICNP, $30M ICNX, ???exchange, ???DAA, you are looking at $0.50 a quarter assuming the market cap does not change - which is impossible.  Once you factor market cap hitting $1B in a year, a conservative 15M ICN burned, you can expect a price of $14 ICN. 

That is 100% realistic.  If you factor in FOMO and crypto taking off then those numbers are very VERY conservative.  Long-term is greater than 1 year, not 1 year.  This is a strong hold...understand the entire crypto market barely cracks the top 50 of the S&P 500.

People who have plan to hold this coin for long term will be winner so that I'm agreed with you. This project potentially has chance to grow more rapidly in long term I also have plan to keep going on with this for 1 more year.