Topic: ICONOMI - Live for today. Invest for tomorrow. - page 325. (Read 583526 times)
To all the dumpers.
ICN is going up every minute.I hope it will be $5 before 1 of April.Going to buy some before they perish.If someone wants to sell at 50k,contact me 
Ready to buy even smaller amount.
Ready to buy even smaller amount.
Buying icn right now is considered cheap... to my calculations buying at any point in the future will be an investment with decent returns as the price will gradually catch up with the likes of eth zec dash etc....
Iconomi has a platform what do the others have? Iconomi cannot be mined so there will only ever be what is available now
Iconomi has a platform what do the others have? Iconomi cannot be mined so there will only ever be what is available now
Agreed! ICN will perform like dash most likely. The less Token available the higher the price.
Last chance to fill wallets, guy's.
Don't cry later.
Don't cry later.
i think that many people will woke up soon with that they are to late and FOMO... what a weekend for ICONOMI is comming
DEVs wants JUST in april burn for 60 BTC...
Last chance to fill wallets, guy's.
Don't cry later.
Don't cry later.
buy while others are whining about the change.
buy ICN of those who feel fucked up now there won't be 2nd chance haha...Next stop 2-5$ ?
I know the buy back update is a crucial bit of news but in the grand scheme of things 1,000 ETH it is a drop in the ocean compared to what could be coming for iconomi.
Look at how the value has risen nicely. Think about when even larger buy backs happen. Think about when the platform launches. Think about the potential profit Iconomi can now pump into the value of ICN. Think about when ICN hits the big exchanges. The moon is an understatement for what could happen to the price of ICN throughout 2017.
Im holding like a b!tch.
Look at how the value has risen nicely. Think about when even larger buy backs happen. Think about when the platform launches. Think about the potential profit Iconomi can now pump into the value of ICN. Think about when ICN hits the big exchanges. The moon is an understatement for what could happen to the price of ICN throughout 2017.
Im holding like a b!tch.
https://coinmarketcap.com/assets/iconomi/
HOLY ###!@#!#!#@!!@
ITS $0.69 NOW
AND ITS NOT EVEN having any live platform YET.
And Its not even 1st of April yet where ICONOMI doing the buyback!
$1 is nothing now after they change from dividend paying to buyback programs.
Buyback program just speed up the process of recoup ROI compare to dividends paying
HOLY ###!@#!#!#@!!@
ITS $0.69 NOW
AND ITS NOT EVEN having any live platform YET.
And Its not even 1st of April yet where ICONOMI doing the buyback!
$1 is nothing now after they change from dividend paying to buyback programs.
Buyback program just speed up the process of recoup ROI compare to dividends paying
Next info I want is the platform release. I wish to transfert all my ICN there and buy their credit card
buy while others are whining about the change.
People saying buy now, kobi, it's cheap..
note to me..
note to me..
I think ICONOMI has changed their stance from planned dividend distribution to buyback because of similar upcoming platform like TaaS and melonport.
The two above mentioned projects also intend to work same way like ICONOMI and distribute the dividend among their token holders.
It was a good move by ICONOMI to once again proof they are innovative and witty people.
The two above mentioned projects also intend to work same way like ICONOMI and distribute the dividend among their token holders.
It was a good move by ICONOMI to once again proof they are innovative and witty people.
Video on Reddit and Youtube (Menno Pietersen)
"ICONOMI introduces Repayment Programme, ICN will moon!":
https://www.reddit.com/r/ICONOMI/comments/625m7v/iconomi_introduces_repayment_programme_icn_will/
"ICONOMI introduces Repayment Programme, ICN will moon!":
https://www.reddit.com/r/ICONOMI/comments/625m7v/iconomi_introduces_repayment_programme_icn_will/
Anybody who want dividendes....
Not loking on total ICN holding but % of share.
Not loking on total ICN holding but % of share.
Here are two formulas to people that want to have dividends, you just sell the value you get of the formula and you still are holding the same %share of Iconomi.
a=b*(1-c/d)
a=b - (c *e)/100
a = Sell
b = Holding
c = NewSupply
d = OldSupply
e= %Share You Had Before
Examples:
You have 10,000 ICN now
Total Supply Now is 100,000,000 (https://coinmarketcap.com/assets/iconomi/)
With the burn let's say it went to 98,500,000
So, using the first formula:
a=b*(1-c/d)
a = 10000*(1-98500000/100000000)
a = 150 ICN's
So, Just sell 150 ICN's and there is your dividend without losing your old %share
OR
If you know how many is your %share you are holding now you can use the second formula.
Let's say you hold 0.01% (10,000 ICN now)
Using the second Formula:
a=b - (c *e)/100
a = 10000 - (98500000*0.01)/100
a = 150 ICN's
So, Just sell 150 ICN's and there is your dividend and still holding 0.01% of Iconomi
a=b*(1-c/d)
a=b - (c *e)/100
a = Sell
b = Holding
c = NewSupply
d = OldSupply
e= %Share You Had Before
Examples:
You have 10,000 ICN now
Total Supply Now is 100,000,000 (https://coinmarketcap.com/assets/iconomi/)
With the burn let's say it went to 98,500,000
So, using the first formula:
a=b*(1-c/d)
a = 10000*(1-98500000/100000000)
a = 150 ICN's
So, Just sell 150 ICN's and there is your dividend without losing your old %share
OR
If you know how many is your %share you are holding now you can use the second formula.
Let's say you hold 0.01% (10,000 ICN now)
Using the second Formula:
a=b - (c *e)/100
a = 10000 - (98500000*0.01)/100
a = 150 ICN's
So, Just sell 150 ICN's and there is your dividend and still holding 0.01% of Iconomi
Buying icn right now is considered cheap... to my calculations buying at any point in the future will be an investment with decent returns as the price will gradually catch up with the likes of eth zec dash etc....
Iconomi has a platform what do the others have? Iconomi cannot be mined so there will only ever be what is available now
Iconomi has a platform what do the others have? Iconomi cannot be mined so there will only ever be what is available now
I think the buyback scheme is better than the dividents one. Some people say that its not good that they changed their initial plan (giving dividents). But you have to think that things move too fast in the cryptocurrency space, what could be a good idea last year does not apply now. I think the devs took many factors into consideration, including transaction fees, listing on exchange and perhaps regulation issues as well.
Time will tell if the buyback scheme is better for ICONOMI. For the time being, the market thinks it is, and ICN is at an ATH.
Time will tell if the buyback scheme is better for ICONOMI. For the time being, the market thinks it is, and ICN is at an ATH.
Sorry i haven't read the topic for months, can you explain better what is this buyback scheme? I remember ICONOMI is sharing dividends from the platform...
I think the buyback scheme is better than the dividents one. Some people say that its not good that they changed their initial plan (giving dividents). But you have to think that things move too fast in the cryptocurrency space, what could be a good idea last year does not apply now. I think the devs took many factors into consideration, including transaction fees, listing on exchange and perhaps regulation issues as well.
Time will tell if the buyback scheme is better for ICONOMI. For the time being, the market thinks it is, and ICN is at an ATH.
Time will tell if the buyback scheme is better for ICONOMI. For the time being, the market thinks it is, and ICN is at an ATH.
Great blog post from Sebastian Moonjava:
The Iconomi Burn — Crypto Buybacks
https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530fe
The Iconomi Burn — Crypto Buybacks
https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530fe
Question for the **** people here:
What is the incentive for anyone to buy securities of public-traded companies if they're not expecting to ever receive any dividend or share of profits made by the companies?
This is a 5-grade question by the way.
What is the incentive for anyone to buy securities of public-traded companies if they're not expecting to ever receive any dividend or share of profits made by the companies?
This is a 5-grade question by the way.
I'll let Investopedia answer your question. Since you won't listen to us **** people...
http://www.investopedia.com/articles/02/041702.asp
There are a number of ways in which a company can return wealth to its shareholders. Although stock price appreciation and dividends are the two most common ways of doing this, there are other useful, and often overlooked, ways for companies to share their wealth with investors. In this article, we will look at one of those overlooked methods: share buybacks. We'll go through the mechanics of a share buyback and what it means for investors.
The Meaning of Buybacks
A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. The idea is simple: because a company can't act as its own shareholder, repurchased shares are absorbed by the company, and the number of outstanding shares on the market is reduced. When this happens, the relative ownership stake of each investor increases because there are fewer shares, or claims, on the earnings of the company.
This in turn will also increase the ownership stake of ICN holders but for holders the only way to get profit is to sell ICN.They can liquidate their holding in market buy selling ICN but that way they will lose ICN.
While in dividend system, they will get profit on their holding without losing them.
http://www.investopedia.com/articles/active-trading/073015/dividend-versus-buyback-which-better.asp
What is the difference between holding your profits in ETH then in ICN itself? It´s like you would reinvest all your dividends in ICN. There is no difference between you buying back ICN from your dividens and them decreasing the total supply other then you even get more now because no transaction fees have to be payed weekly
You have to sell on or the other anyway to take profits, but with the buybacks the ICN value will increase much faster and catch up the missing dividends
****
While in dividend system, they will get profit on their holding without losing them.
****
While in dividend system, they will get profit on their holding without losing them.
****
Nah it cost you...
You sent dividend to exchange owner
You send dividend via ETH and it cost more and more...
You sen dividend to dead accounts
so dividends cost you much more...
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