Topic: ICONOMI - Live for today. Invest for tomorrow. - page 183. (Read 583532 times)

What are you talking about "selective quotes"? I just don't include your whole post, so that it's not a big wall of text. The links to your original posts are still there. Nothing is taken out of context. It's just a cleaner way to respond to you. Calm down.

I've not said they lied, or "muh dividends" either. And I agree that there might be issues beyond their control which are causing the changes. You're ascribing meaning/intent to my post that simply isn't there.

I also agree people can just get out if they don't like it. That doesn't mean the matter is off the table for discussion.


Then please ask for that to be added to the terminology page. ICNX and ICNP have much more detailed explanations on there. ICN's entry is just like "Err, ICN is an ERC20 token that we gave people at the ICO".

Again, your summation of where the value comes from is currently meaningless. There's an important factor in determining value that you, and others, seem to be misunderstanding - and it seems difficult to communicate to you just what that is. But it is clear that others understand this, which is why questions are asked. It doesn't mean they aren't using their heads. It means they are using their heads. Your defensive stance on this matter does nobody any good.

SIA is a good example of a token that has a clear value, by the way. ICN is (currently) not.

As for the AMA... it is much simpler to complete the first one. The questions are already there, ready to be answered. Additionally, the team are effectively granted extra chance to come up with the answers (i.e. the questions are a month old, so it's easier than answering a brand new question on the day). This works out great for the people who asked the questions last time, and it makes it easier for the team. And it will also look good for the team to say "Hey guys, we've finished answering all of those questions!" and then hold a fresh AMA a month from now. That would make a lot of people happy.

I think Fuders are back.Time to buy more as price drops and make more profit when icn goes to moon but I do not think ICN will ever go back to 30k now

So we are back to selective quotes?

Perhaps the new terminology is being rewritten and due to legal restrictions the team is not allowed to comment on it yet? That makes much more sense to me than "the team lied to us, muuh dividends"
Everyone should make his/her own decisions. If it smells fishy - get out, as simple as that. That's what I'd do anyway.
That goes for both fanboys and trolls.

Where is the value? People could use their head for a chance. Value is a sum of assets under management and future speculations. Currently Iconomi has almost 28M usd worth of assets in ICNP and at least the same amount for daily operation. How much doggie has?
You know what, let's take a legit (IMO) project as an example - SIA. How much money SIA team has? They got 750K usd ~6 months ago, and yet their market cap is higher than Iconomi's.

"Why haven't you answered to questions from the previous AMA" is a legit question to the team. I do believe it's better to write "we cannot comment on that yet" than leave it unanswered.
In any case, I attend to create a reddit post before the AMA that will collect questions for people, mainly for 2 reasons - to let people up/down vote in advance and as a service to those who won't be able to attend (I will repost the questions)

Why would they bother doing another AMA? They'll just run away when tough questions are brought up again.

I still think they should complete the first one, instead of running a whole new one. People will just ask the same questions again anyway.


Nobody is questioning the value of the project itself. It is possible for a project to succeed, while the token that was issued to investors gains no significant value. I do believe Iconomi will come up with a solution to give the token value. What you (and others) must acknowledge is that ICN is no longer what you thought it was going to be. And that's fine. You believe in the project so much that you're willing to hold through all of these changes.

But to scoff at those who simply ask "where is the value now?" is silly. The answer to that question has been changing over time, and currently nobody can actually state this for sure. If Iconomi can't tell us on their own terminology page (https://iconomi.zendesk.com/hc/en-us/articles/115002851065-ICN) then why should anybody listen to the answers given by fanboys around here?


Don't worry - if Jani is ever in legal trouble, he'll just defect to North Korea  

(P.S. - Daparski, that last bit is a joke)

The pessimistic version.... Jani gets 10 years for tax fraud and we all end up in the LISK thread.

One can't predict.It depends on many internal factors like when platform is ready, next quarter profit and consequent buyback and also on external factors like btc price etc.

I realized that these are optimistic expectations? And pessimistic?

6 months from now $5. 1 year, $10. Three years, $180. That's not a conservative guess. That's a realistic guess

To Da Mooooooooonn!

Yea, but they have very little effect on the price. The small fluctuations you see throughout the day are day traders doing, but in the end the price still gravitates around the same point unless there's a major pump or dump which day traders can't cause since they operate with a very small volume.

At least $3 if things go smoothly and as planned. That's a conservative guess.

And how do you think, how much will it cost by the end of the year?

Day traders bring liquidity though

Yes but you can't stop day traders from selling because their greed get better off them and they start selling. Holders will be happy at the end of the day

Iconomi is legit project so buy now and just hold it by end of this year it's not for day-traders. I think it's still very strong from day 1 till now on a very stable floor so it need just a little push to move forward to the moon. So hold and don't sell this token in panic situation.

Absolutely owned!

The utility is for ICN token HODLers to get filthy rich. ICN gets value when ICONOMI platform makes mad profits and buys out the tokens, how is that so hard to understand?


Yep! Gaston Glock's company went from manufacturing curtain rods and knives to making revolutionary state of the art handguns with no prior experience in that field and look at them now!

These things will be cleared soon enough. You think they knew back then how things will roll out in 6-8 months, while being in this untested waters and kept it away from investors? Or perhaps you think that a startup in the crypto sphere that builds a product that does not exist yet, with no legal infrastructure yet should stay stagnant? And follow the original idea and white paper no matter what happens in reality?
Look around you boy. Most successful startups in the old economy had adapted to the environment and changed their business model, focus and even the core product.

What brings doggie value? or 99% of the alts on coinmarketcap? ffs, it's one of the very few projects that has a real use case with huge market potential.

Keep fudding, we will keep accumulating. Let's see who will be where in 12 months

You are frequently on this board so maybe you can answer this question
https://www.reddit.com/r/ICONOMI/comments/6d9ci1/where_the_the_value_of_the_icn_token_derived_from/

What gives ICN value? What is the utility for it? Read some of the comments from this reddit post

So you`re saying crypto markets getting manipulated? If you`re right, we need to call the SEC immediately. These are HUGE news.

I`m shocked! Can someone please hold me!

#inthecrovvd

You too? Nice bro. Welcome!

I remember you from Ico. You had Julian Assange pic in your profile. Then you weren't active here at all and now you come again with a Coindash logo and with these concerns about things that were posted 1-2 months ago..

There should be an AMA very soon. Perhaps you should ask the team directly.