ICONOMI - Live for today. Invest for tomorrow. - page 358.

outbox vision

newbie

Activity: 23

Merit: 0

Quote from: ?? on ??

Quote from: Enjorlas on March 19, 2017, 02:07:54 PM

Quote from: ?? on ??

Quote from: xtyling on March 19, 2017, 12:57:44 PM

I am holding! I will sell only if ICN reaches 10$

I don't believe it ever will, but even if why would you sell at all ? If ICN was so high, it would be for a reason, for example because would pay good dividends from fees.

Let's make calculations for ICN to reach 10$, what investment volume would it need.

For pessimistic scenario where total fund performance is 0% or negative, that would require an annual volume of: (https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.i283sh6r2)

(X*0.01)/100M ICN = 10$;
X = (10*100M)/0.01 = 100 KKK$

If investors are expecting 100% ROI after 3 years that would require 33.(3)KKK annual investment volume.
For comparison total cryptocurrency market Cap: $23KKK (https://coinmarketcap.com/)

So investment volume would have to reach ~1.4x what all cryptos all worth right now.

So yeah we will not see this happening any time soon.

There is one fatal miscalculation on your part. You assume markets behave rationally.

It is already irrational original investors paid 0.07$ on average per 1 ICN, so that is 4.2x current price.
For comparison initial btc price in 2010 was 0.08$, but btc has 4x lower number of coins + it is useful.

is there anything rational about the growth dash had ? or etherium for that matter ? i'm sure people said the same about ETH in ico and look at the price today. Do that forget the very niche we are in, it requires shit loads of capital, consider 500-1000 funds on the platform and do the math, when OFM will come things will change. As you may know we can't even invest in a hedge fund today, in order to do that we need to be accredited investors that means we must have 1mil $ to invest and to have made 300k $ / year for 3 years in a row, only then our money can be accepted, OFM is gonna change all that non-sense.

outbox vision

newbie

Activity: 23

Merit: 0

Quote from: Enjorlas on March 19, 2017, 11:32:01 AM

Quote from: u2boy on March 19, 2017, 07:39:35 AM

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

That's actually a cool article you posted. It sums up the current state of affairs:

Despite the fact that that ICN -0.15% got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away.

Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN -0.15% is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN -0.15% , ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management )

This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN -0.15% would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY.

thank you for supporting the idea, as i've been reading this thread from the page 1 i couldn't help but notice that we have too many traders looking at ICN as a trade, waiting for that pump to sell, i guess they're playing the game and i can't blame them for that, but i can blame them for lying to themselves or creating false expectations and then complaining about them, i get the sense that ppl are waiting for a full icnx launch when in fact we may get a limited launch, that being people who invested in ICO will be invited based on the size of the amount they invested, after they are in, then everybody else will follow.

I'm a investor, nothing can move my bag until my target is reached and that's super long term but i guess if this happens weak hands will be shaken, we may even see another fud campaign. All i'm asking you ppl is to do your research and understand the fundamental difference between a investment and a trade, to my point of view traders are going to have this year but 2018 will belong to the investors and that's the side you want to be, when the OFM platform will come, it's gonna be a game changer, at that point everybody will do their homework on Iconomi and money will come flowing from all directions.

Enjorlas

hero member

Activity: 788

Merit: 1000

Quote from: ?? on ??

Quote from: xtyling on March 19, 2017, 12:57:44 PM

I am holding! I will sell only if ICN reaches 10$

I don't believe it ever will, but even if why would you sell at all ? If ICN was so high, it would be for a reason, for example because would pay good dividends from fees.

Let's make calculations for ICN to reach 10$, what investment volume would it need.

For pessimistic scenario where total fund performance is 0% or negative, that would require an annual volume of: (https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.i283sh6r2)

(X*0.01)/100M ICN = 10$;
X = (10*100M)/0.01 = 100 KKK$

If investors are expecting 100% ROI after 3 years that would require 33.(3)KKK annual investment volume.
For comparison total cryptocurrency market Cap: $23KKK (https://coinmarketcap.com/)

So investment volume would have to reach ~1.4x what all cryptos all worth right now.

So yeah we will not see this happening any time soon.

There is one fatal miscalculation on your part. You assume markets behave rationaly.

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

I am holding! I will sell only if ICN reaches 10$

kalpit

sr. member

Activity: 560

Merit: 250

Quote from: ?? on ??

Quote from: u2boy on March 19, 2017, 07:39:35 AM

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

Please people don't promote ICN at all, the last thing we want is to create a pump. The lower the price is, the better it is for us, so we can buy more.

If we know the price is going to be up, it is stupid to inform everybody around about it rather than quietly buy for ourselves. And then I read in the comments that someone missed 0.27$ and it is now 0.29$ ... Angry

Most of the people know that the price would easily double with time. But nobody knows when. 1 week later or 1 month later.
Some of the people might be just dumping to get more ICN at a lower price.

I have filled my bags to maximum capacity. I wont buy more. So , I would like the ICONOMI to be known everywhere and create a FOMO to increase the price.
Still, I wouldnt sell ICN even if it goes $0.5 - $1. Higher price of ICN just makes me feel good.

Enjorlas

hero member

Activity: 788

Merit: 1000

Quote from: u2boy on March 19, 2017, 07:39:35 AM

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

That's actually a cool article you posted. It sums up the current state of affairs:

Despite the fact that that ICN -0.15% got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away.

Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN -0.15% is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN -0.15% , ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management )

This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN -0.15% would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY.

Enjorlas

hero member

Activity: 788

Merit: 1000

Quote from: CatWhisperer on March 19, 2017, 02:41:05 AM

Quote from: CatWhisperer on March 18, 2017, 01:07:05 PM

I'm trying to understand something about Iconomi,
What is the relationship between ICNX and the ICN traded on Bittrex? is it the same thing? if not, what does ICN give you ? does it have any relationship to the portfolio mentioned in the link below?

https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-31-january-2017-rebalancing-cb2b63c8a197#.uvxqqp8kp

Answers?

ICN = shares in all Iconomi funds. Entitle you to a percentage of profits which are generated from platform fees.
ICNx = Iconomi index fund. An index representing growth in reputable Crypto currencies
ICNp = Iconomi performance fund. An actively managed fund focusing on performance.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

*still waaiiitinggg*

bitpotter

sr. member

Activity: 1451

Merit: 258

Quote from: misterbones on March 19, 2017, 09:03:39 AM

in the business of buying or selling a commodity

Good bye lambooo Cheesy

misterbones

full member

Activity: 182

Merit: 100

Trader*Investor

in the business of buying or selling a commodity

puremage111

hero member

Activity: 1568

Merit: 511

Quote from: ?? on ??

Quote from: u2boy on March 19, 2017, 07:39:35 AM

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

Please people don't promote ICN at all, the last thing we want is to create a pump. The lower the price is, the better it is for us, so we can buy more.

Angry

If we know the price is going to be up, it is stupid to inform everybody around about it rather than quietly buy for ourselves.

I hope i have the $$ to purchase when the price goes lower but sadly i don't have XD

Anyhow, its good to share good coins with the community!

amintek15

sr. member

Activity: 770

Merit: 251

Quote from: u2boy on March 19, 2017, 07:39:35 AM

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

I can't wait the platform launch so I can move my ICN from kraken to their web wallet and wait for dividents Shocked

u2boy

newbie

Activity: 19

Merit: 0

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/

taipei

full member

Activity: 171

Merit: 100

Don't cry girls ... Calm ..... everything comes.

The orders of lambos have been delayed a bit, but I've called Italy, they're still reserved. There will be for all.

Cool

nejchi31

newbie

Activity: 19

Merit: 0

Quote from: mammusu on March 19, 2017, 04:07:00 AM

Quote from: nejchi31 on March 19, 2017, 03:23:51 AM

Nobody says that official launch of the platform will be executed at the end of march. Iconomi devs will within a month gradually granting access for beta testing. IMO I dont expect platform release at the end of the month, but they should get there Q2 2017

the end of march Q2 2017 is done? if the platform still not release yet. it will be a bad news for the iconomi community and holders.

Lol, Q2 represents time period between april and june

so relax, sit down and watch master piece to be developed propertly

rgornik

sr. member

Activity: 532

Merit: 253

Quote from: pumz on March 19, 2017, 03:28:00 AM

Is that true iconomi will invest into upcoming ico of matchpool a friend of told me about this?

https://bitcointalksearch.org/topic/matchpool-bounty-thread-only-1752471

they are not commenting on that until ICO is over

biggzi

hero member

Activity: 543

Merit: 502

I'm holding my icn. I have faith in the ability of the team and the potential of the product... that we all know will come to market way before any competitors can produce anything tangible.

BUT I feel people pains about lack of updates or promotion from the team. During the ICO omg the iconomi team were on here every few minutes promoting the ICO. Pushing people to invest. Your whiling to work that hard to get people's money but when it comes to pretty small requests of the people who gave you the money we hear pretty much nothing.

I understand the team has to prioritise the development side of things but they have time to fly around the world giving talking on running ICOs?! How the hell is that a priority I don't understand? But we'll done as you obviously have great skills at promoting and running ICOs. Just don't get the iconomi team involved in giving advise on how to keep ICO investors happy and contempt.

As I said though I have faith Wink

Hypolite

legendary

Activity: 1245

Merit: 1027

Quote from: mammusu on March 19, 2017, 04:07:00 AM

Quote from: nejchi31 on March 19, 2017, 03:23:51 AM

Nobody says that official launch of the platform will be executed at the end of march. Iconomi devs will within a month gradually granting access for beta testing. IMO I dont expect platform release at the end of the month, but they should get there Q2 2017

the end of march Q2 2017 is done? if the platform still not release yet. it will be a bad news for the iconomi community and holders.

It will not be bad news for me.
I leave the dev time to do their job well without pressing them. STRONG HOLD

mammusu

hero member

Activity: 1330

Merit: 502

Leading Crypto Sports Betting & Casino Platform

Quote from: nejchi31 on March 19, 2017, 03:23:51 AM

Nobody says that official launch of the platform will be executed at the end of march. Iconomi devs will within a month gradually granting access for beta testing. IMO I dont expect platform release at the end of the month, but they should get there Q2 2017

the end of march Q2 2017 is done? if the platform still not release yet. it will be a bad news for the iconomi community and holders.

pumz

sr. member

Activity: 826

Merit: 250

Is that true iconomi will invest into upcoming ico of matchpool a friend of told me about this?

https://bitcointalksearch.org/topic/matchpool-bounty-thread-only-1752471

Topic: ICONOMI - Live for today. Invest for tomorrow. - page 358. (Read 583526 times)