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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 178. (Read 583532 times)

sr. member
Activity: 392
Merit: 255
The fact that ICNP put 15k ETH into Aragon suggests Iconomi also understands and is affected by the ICO trust/ownership problem.

The fact Iconomi put 15k ETH into Aragon actually prompted me to buy some myself, shortly after it hit Bittrex.

When it comes to investing, I'm trusting their wisdom there.
sr. member
Activity: 359
Merit: 252
I think "early access" is being slowly rolled out to all ICO participants. It probably won't be too long before you receive yours.  I think we're within 1 to 2 months before public launch.  It's a good time to pick up cheap ICNs before launch.  I'm sure it's going at least 0.001 BTC almost immediately upon release.

Early access was promissed to all ICO participants indeed but they seem to have left them for after the beta list guys. More and more ICO people joining means that this beta is getting close to its final stages.


Johnny Cash is rolling in the grave so hard, that the Earth's rotation around the sun is getting twice as fast. Christmas is comming early this year Cheesy
sr. member
Activity: 364
Merit: 250
move that crypto
The solution to the ICO trust/ownership problem is Aragon.  We have to wait 1-2 more years for it to be ready though.

The fact that ICNP put 15k ETH into Aragon suggests Iconomi also understands and is affected by the ICO trust/ownership problem.

♪♪♫ I fell into a circlejerk of fire
I fell in to a circlejerk of fire
steem steem steem and the payments went higher
and I'm porr porr porr, circlejerk of fire, circlejerk of fire ♫♪

https://www.youtube.com/watch?v=GK3asGrbdU0
sr. member
Activity: 392
Merit: 255
2. Mendeleev some time yesterday: "anybody can buy them, or create support levels. This doesn't demonstrate that your ICN token is linked to Iconomi's assets or profits, or why Iconomi's success should increase the value of ICN"

Well, there is a HUGE difference between buy orders and Iconomi buy orders and you know that. Buy orders get filled, they stay in the market and can be dumped the next minute. Buybacks from Iconomi gets burned and are not in the market anymore, forever.
How could you miss that part, Mendeleev? You are not stupid, I'd even say you are very intelligent. An yet you made your arguments based on the wrong assumption.

Welshminer made this point too, and you're right that I overlooked that. It is not a linchpin of my overall argument though. That is to say, my argument is not entirely based upon this one oversight.

I'm going to DM you the rest of my response, because this has taken up enough time on the board, and it'll just annoy people if we continue the large posts back and forth on here. I just thought it was worthwhile clarifying that one point here.
member
Activity: 70
Merit: 10
Just got THE email from Iconomi. I have been granted access to ICNX Smiley And I am in no way a top 10 ICN wallet holder. Heck I am probably not even in the top 100...

Confirmed. I've received Beta access also. FYI, I am one of the original ICO investors, but DID NOT apply for Beta program.

Looks like we're extremely close to official launch of Iconomi Platform... HODL and don't let those FUDDERs steal your ICNs!!  Cheesy





Hmm

I also did not applied, but was part of ICO, I dont see any email. Were you informed on email about testers access or some other way?

I think "early access" is being slowly rolled out to all ICO participants. It probably won't be too long before you receive yours.  I think we're within 1 to 2 months before public launch.  It's a good time to pick up cheap ICNs before launch.  I'm sure it's going at least 0.001 BTC almost immediately upon release.
sr. member
Activity: 504
Merit: 250
This is true, i am in the Fanboy clan of Iconomi and it true my judgement is maybe wrong but i will hold my icn because i believe in the project and i make already 5X my invest and also ICNX is good profit.

But i think your questions is good Smiley

Thank you.

I don't think your judgement is wrong. You are allowed your own opinions, and having support and belief for something is not a bad thing.

I think everybody benefits from a healthy debate on things, and trying to get to the bottom of whatever they might be discussing. People who cry "trolling" and "FUD" don't add anything to the discussion. It's just an emotional outburst. Unless it is legitimately trolling/FUD, which can happen also - and I accept that sometimes it's hard to tell the difference.


LOL Fanboys clan.. I guess I am then in the diehard clan?  Smiley

I agree with my uncle about healthy debate - it is much better than muh dividends/lambos posts

What I don't like about your approach, though, is:
1. You are often using negative proof or evidence of absence as a base for your arguments.
2. You omit small details that make your arguments seen in completely (and usually negative) way towards the project.

I will just give two examples:

1. The fact that the team is not legally declaring that ICN is/isn't shares of the company after it was written in the whitepaper during the ICO. You simply demand something from them that does not exists, and you know it.
Mendeleev: "The token and the platform aren't the same thing, and there's nothing linking them together"
There is no legal crypto framework whatsoever, and even if the team will announce/write in the website - Yes, ICN represents shares in the company - it has no legal base and won't hold.
It still comes down to the one thing I was telling you over and over again - TRUST. If they want to scam us, they can with a whitepaper and ICN=shares written all over the website or without.
AND it is the same for every other crypto project out there. Please let's not get back to the utility nonsense - the price of the "utility" tokens does not come from the usage, it is mainly driven by trust, usage, and future speculation that the price will go even higher.

2. Mendeleev some time yesterday: "anybody can buy them, or create support levels. This doesn't demonstrate that your ICN token is linked to Iconomi's assets or profits, or why Iconomi's success should increase the value of ICN"
Well, there is a HUGE difference between buy orders and Iconomi buy orders and you know that. Buy orders get filled, they stay in the market and can be dumped the next minute. Buybacks from Iconomi gets burned and are not in the market anymore, forever.
How could you miss that part, Mendeleev? You are not stupid, I'd even say you are very intelligent. An yet you made your arguments based on the wrong assumption.


Reference for the quotes:
https://bitcointalksearch.org/topic/m.19265478




sr. member
Activity: 392
Merit: 255
This is true, i am in the Fanboy clan of Iconomi and it true my judgement is maybe wrong but i will hold my icn because i believe in the project and i make already 5X my invest and also ICNX is good profit.

But i think your questions is good Smiley

Thank you.

I don't think your judgement is wrong. You are allowed your own opinions, and having support and belief for something is not a bad thing.

I think everybody benefits from a healthy debate on things, and trying to get to the bottom of whatever they might be discussing. People who cry "trolling" and "FUD" don't add anything to the discussion. It's just an emotional outburst. Unless it is legitimately trolling/FUD, which can happen also - and I accept that sometimes it's hard to tell the difference.
legendary
Activity: 2730
Merit: 1288
Just got THE email from Iconomi. I have been granted access to ICNX Smiley And I am in no way a top 10 ICN wallet holder. Heck I am probably not even in the top 100...

Confirmed. I've received Beta access also. FYI, I am one of the original ICO investors, but DID NOT apply for Beta program.

Looks like we're extremely close to official launch of Iconomi Platform... HODL and don't let those FUDDERs steal your ICNs!!  Cheesy





Hmm

I also did not applied, but was part of ICO, I dont see any email. Were you informed on email about testers access or some other way?
member
Activity: 88
Merit: 10
Why do people attempt FUD this project so hard?

Is it a simple case of them expecting it to scare people into selling so that they can accumulate more, or is there some other reason?  Huh

It's people discussing genuine issues about their investment.

Any new point that strays from "everything is perfect as it is" gets called trolling, or FUD. It's as simple as that.

Basically, it's FUD/trolling until the fanboys decide it's a valid opinion. The fanboys are slow on the uptake, because they're emotionally attached to the project, which clouds their judgement.

People get upset when you challenge their pre-conceived ideas about something - regardless of whether your concern is genuine or not.

Enjorlas just stated I was "triggered" earlier - which is rich, as people are "triggered" by my posts all the time. And this one will likely be no exception.

To Enjorlas, I offer you a "lol". Enjoy your beta access.

This is true, i am in the Fanboy clan of Iconomi and it true my judgement is maybe wrong but i will hold my icn because i believe in the project and i make already 5X my invest and also ICNX is good profit.

But i think your questions is good Smiley
newbie
Activity: 17
Merit: 0
BTC will bull run again tomorrow (5-8%). I am not saying where is this going for ICN price... Of course, I am just trolling.... but let`s just wait for tomorrow.
sr. member
Activity: 392
Merit: 255
Why do people attempt FUD this project so hard?

Is it a simple case of them expecting it to scare people into selling so that they can accumulate more, or is there some other reason?  Huh

It's people discussing genuine issues about their investment.

Any new point that strays from "everything is perfect as it is" gets called trolling, or FUD. It's as simple as that.

Basically, it's FUD/trolling until the fanboys decide it's a valid opinion. The fanboys are slow on the uptake, because they're emotionally attached to the project, which clouds their judgement.

People get upset when you challenge their pre-conceived ideas about something - regardless of whether your concern is genuine or not.

Enjorlas just stated I was "triggered" earlier - which is rich, as people are "triggered" by my posts all the time. And this one will likely be no exception.

To Enjorlas, I offer you a "lol". Enjoy your beta access.
member
Activity: 88
Merit: 10
Time to buy more again we got golden chance to buy more at low price. This happening due to network error soon price will get recover and we can make easy profit to buy at low price. ICN is still very strong coin and it has very bright future.

True, i buy all i can yesterday at 0.98 Cheesy
legendary
Activity: 1526
Merit: 1003
Time to buy more again we got golden chance to buy more at low price. This happening due to network error soon price will get recover and we can make easy profit to buy at low price. ICN is still very strong coin and it has very bright future.
full member
Activity: 186
Merit: 100
Why do people attempt FUD this project so hard?

Is it a simple case of them expecting it to scare people into selling so that they can accumulate more, or is there some other reason?  Huh

The reason is that people are getting fed up. There are SO many companies with a technical debt. And by technical debt I mean the valuation being too high (usually tens of millions) for what is currently technically available. This goes for 95% of crypto projects. ICO's launching left and right and all they have to show for it is a lousy, non-math whitepaper, and promises.

This shit basically started with LSK in 2016, which I called out at the time, but people don't learn. Greed is running rampant in crypto, but eventually these debts will have to be paid.
member
Activity: 106
Merit: 10
Why do people attempt FUD this project so hard?

Is it a simple case of them expecting it to scare people into selling so that they can accumulate more, or is there some other reason?  Huh
hero member
Activity: 788
Merit: 1000
2. Mendeleev was angry with me, because I foiled his plan of accumulating ICN on the cheap around 430 ~ 450 range.  Grin Cheesy Cheesy  After my gentle reminder of what's coming up in June, I seriously doubt anyone would sell their ICN cheap now.  Smiley

I'm not angry with you. I just don't think it's wise to create hype - which is what you try to do. And you were talking about the beginning of June as if it's the end of Q2 - which it isn't.

I will issue a retraction to one thing though:

Quote
3. Announcement of expansion of Beta program (we should see at least hundreds of Beta testers added -- which lead to a drastic increase in net profit that will be used in 2nd buyback).

I said you pulled this out your ass. That was wrong. This point is likely accurate, as each month we have been receiving announcements of how many new beta testers were added.

I have no issue with you mentioning positive things - but you're a hype merchant. You know exactly what you're doing.

I don't want any cheap ICN. In fact, if I believe a coin/token will blow up, I tend to buy straight from the market - and I would do the same for ICN if I wanted to buy. I honestly don't have the patience to mess about with my own bids, especially when bots outbid me anyway. I'm too impulsive. If I do put a lower bid on something, I end up losing patience and removing it before the day is up. Yes, that makes me a poor trader - but if I'm going to hold something long term, it doesn't matter.

And also, I've been around since the ICO. Don't you think I'd be done stocking up by now? I've had months of lower prices to do this. Why would I wait until the price has more than doubled, and then set about trying to lower it? It doesn't make sense. If I was smart enough to achieve this, I'd have been smart enough to buy more when it was lower in the first place.

Silly goose.



Sounds like you triggered our community concern troll Calvinstm. Thumbs up from me.

In other news.....

I got beta access today.

sr. member
Activity: 588
Merit: 250
Crypto is Life!

Buying more for me isn't on my list of plans, $1 is already high enough but I have hold my ICN for months so I guess I'm not late investing to this token.  I confident ICN will have better use inthe platform so its price will be shooting stars.

Stop buying now means that you think the price wont go further up ? Look at ICN marketcap and look at the service they are trying to offer. Do you realise its potential ? Well if not, then dont buy further BUT for me ICN will reach $5+ by end of 2017
legendary
Activity: 2492
Merit: 1018

Buying more for me isn't on my list of plans, $1 is already high enough but I have hold my ICN for months so I guess I'm not late investing to this token.  I confident ICN will have better use inthe platform so its price will be shooting stars.
sr. member
Activity: 392
Merit: 255
So is this another fake project that will never see any actual use and just lives off announcements and moar announcements?

It is real, and people are able to log in and use the platform already.

They also don't make regular announcements, so I wouldn't say they live off "announcements and moar announcements".
sr. member
Activity: 588
Merit: 250
Crypto is Life!
I have 3.59 BTC, going to buy more ICN on Kraken!!

The holders will soon say the line, "I told you!, You should have invested more!"
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