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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 388. (Read 583535 times)

legendary
Activity: 1070
Merit: 1021
Any news on full beta access? Is it safe to buy my icobomi back yet, or is it still going down whilst btc rises?
member
Activity: 103
Merit: 10
at the platform screenshot the ICNX 15 cents
will this will be negative effect on ICN ? it will lower its value by the time or what is the calculations here ?

all what i understand befor about ICNX its just a market not another coin
can anyone clarify ?
sr. member
Activity: 504
Merit: 250
any news for the final release time ? ?  Sad

https://medium.com/iconominet
that's the official news announcement
member
Activity: 103
Merit: 10
any news for the final release time ? ?  Sad
sr. member
Activity: 588
Merit: 250
Crypto is Life!
Big news are following. Can't tell them now, but it's huge! It's amazing. They are great! It's true.

Wow Trump is even into Iconomi  Grin


ICN millionaires ?
full member
Activity: 157
Merit: 100
Article mentioning Iconomi original source link: http://bit.ly/2mbvlk0


Our global financial system moves trillions of dollars a day and serves billions of people. But the system is rife with problems, adding cost through fees and delays, creating friction through redundant and onerous paperwork, and opening up opportunities for fraud and crime. To wit, 45% of financial intermediaries, such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. It’s no small wonder that regulatory costs continue to climb and remain a top concern for bankers. This all adds cost, with consumers ultimately bearing the burden.

It begs the question: Why is our financial system so inefficient? First, because it’s antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. Second, because it’s centralized, which makes it resistant to change and vulnerable to systems failures and attacks. Third, it’s exclusionary, denying billions of people access to basic financial tools. Bankers have largely dodged the sort of creative destruction that, while messy, is critical to economic vitality and progress. But the solution to this innovation logjam has emerged: blockchain.

How Blockchain Works

Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. A vast, globally distributed ledger running on millions of devices, it is capable of recording anything of value. Money, equities, bonds, titles, deeds, contracts, and virtually all other kinds of assets can be moved and stored securely, privately, and from peer to peer, because trust is established not by powerful intermediaries like banks and governments, but by network consensus, cryptography, collaboration, and clever code. For the first time in human history, two or more parties, be they businesses or individuals who may not even know each other, can forge agreements, make transactions, and build value without relying on intermediaries (such as banks, rating agencies, and government bodies such as the U.S. Department of State) to verify their identities, establish trust, or perform the critical business logic — contracting, clearing, settling, and record-keeping tasks that are foundational to all forms of commerce.

Given the promise and peril of such a disruptive technology, many firms in the financial industry, from banks and insurers to audit and professional service firms, are investing in blockchain solutions. What is driving this deluge of money and interest? Most firms cite opportunities to reduce friction and costs. After all, most financial intermediaries themselves rely on a dizzying, complex, and costly array of intermediaries to run their own operations. Santander, a European bank, put the potential savings at $20 billion a year. Capgemini, a consultancy, estimates that consumers could save up to $16 billion in banking and insurance fees each year through blockchain-based applications.

INSIGHT CENTER

Business in the Era of Blockchain
SPONSORED BY ACCENTURE
How technology is transforming transactions.
To be sure, blockchain may enable incumbents such as JPMorgan Chase, Citigroup, and Credit Suisse, all of which are currently investing in the technology, to do more with less, streamline their businesses, and reduce risk in the process. But while an opportunistic viewpoint is advantageous and often necessary, it is rarely sufficient. After all, how do you cut cost from a business or market whose structure has fundamentally changed? Here, blockchain is a real game changer. By reducing transaction costs among all participants in the economy, blockchain supports models of peer-to-peer mass collaboration that could make many of our existing organizational forms redundant.

For example, consider how new business ventures access growth capital. Traditionally, companies target angel investors in the early stages of a new business, and later look to venture capitalists, eventually culminating in an initial public offering (IPO) on a stock exchange. This industry supports a number of intermediaries, such as investment bankers, exchange operators, auditors, lawyers, and crowd-funding platforms (such as Kickstarter and Indiegogo). Blockchain changes the equation by enabling companies of any size to raise money in a peer-to-peer way, through global distributed share offerings. This new funding mechanism is already transforming the blockchain industry. In 2016 blockchain companies raised $400 million from traditional venture investors and nearly $200 million through what we call initial coin offerings (ICO rather than IPO). These ICOs aren’t just new cryptocurrencies masquerading as companies. They represent content and digital rights management platforms (such as SingularDTV), distributed venture funds (such as the the DAO, for decentralized autonomous organization), and even new platforms to make investing in ICOs and managing digital assets easy (such as ICONOMI). There is already a deep pipeline of ICOs this year, such as Cosmos, a unifying technology that will connect every blockchain in the world, which is why it’s been dubbed the “internet of blockchains.” Others are sure to follow suit. In 2017 we expect that blockchain startups will raise more funds through ICO than any other means — a historic inflection point.

Incumbents are taking notice. The New York–based venture capital firm Union Square Ventures (USV) broadened its investment strategy so that it could buy ICOs directly. Menlo Park venture capital firm Andreessen Horowitz joined USV in investing in Polychain Capital, a hedge fund that only buys tokens. Blockchain Capital, one of the industry’s largest investors, recently announced that it would be raising money for its new fund by issuing tokens by ICO, a first for the industry. And, of course, companies such as Goldman Sachs, NASDAQ, Inc., and Intercontinental Exchange, the American holding company that owns the New York Stock Exchange, which dominate the IPO and listing business, have been among the largest investors in blockchain ventures.

As with any radically new business model, ICOs have risks. There is little to no regulatory oversight. Due diligence and disclosures can be scant, and some companies that have issued ICOs have gone bust. Caveat emptor is the watchword, and many of the early backers are more punters than funders. But the genie has been unleashed from the bottle. Done right, ICOs can not only improve the efficiency of raising money, lowering the cost of capital for entrepreneurs and investors, but also democratize participation in global capital markets.

If the world of venture capital can change radically in one year, what else can we transform? Blockchain could upend a number of complex intermediate functions in the industry: identity and reputation, moving value (payments and remittances), storing value (savings), lending and borrowing (credit), trading value (marketplaces like stock exchanges), insurance and risk management, and audit and tax functions.

Is this the end of banking as we know it? That depends on how incumbents react. Blockchain is not an existential threat to those who embrace the new technology paradigm and disrupt from within. The question is, who in the financial services industry will lead the revolution? Throughout history, leaders of old paradigms have struggled to embrace the new. Why didn’t AT&T launch Skype, or Visa create Paypal? CNN could have built Twitter, since it is all about the sound bite. GM or Hertz could have launched Uber; Marriott could have invented Airbnb. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. As with prior paradigm shifts, blockchain will create winners and losers. Personally, we would like the inevitable collision to transform the old money machine into a prosperity platform for all.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
If you are strong believer and you understand the concept then you wont care so much about US citizen FUD. If you do your Due Dilligence you will understand that they are working on it and that actually Iconomi is not the only project having problem with that. Same concerns are raised in Edgeless or Chronobank ICOs and others. And still that did not stop US investors to buy-in into projects they believe will be very profitable

I dislike the word "believer" here.

Rather, if you are a strong researcher who has analyzed the team, the fundamentals, the concept, and the market potential, you won't care so much about the FUD.
newbie
Activity: 80
Merit: 0
Sorry dudes im out of control i smoked some weed its ok now.
hero member
Activity: 788
Merit: 1000
Iconomi has not had any delays. There was that one time back in December when they felt they could release beta access earlier than intended, but upon receiving alpha feedback they resorted to their previous deadline which was Q1 2017. Other than that they have been well on schedule. I think some people are just upset at the price (which is still well above ICO price), so they try to point the blame at Iconomi.

Relax guys. Fundamentals are sound.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
Should Iconomi sell there bitcoins before bubble bursts? Keep 10% buy palladium. Use some bitcoins to pay hackers to test the products/platform for what ever. Elan Musk and Trump means no war Russia, cheap palladium for Musks car batterys but wait the oil controlled Fed wanna raise intrest rates now so Russia keeps palladium as precious metal as a Fed mania hedge so buy now before the west is cut off. Bitcoin no Segwit/HF (miners dont care they can switch crypto coins by the press of a button) so no scalable future so the ETF is going to be used to short bitcoin by the billions of dollars. Dutch tulip disaster all over again= 1 tulip bol~1 dutch house + 1 bitcoin~1 ounce gold. The tulips had a virus (the virus made them got different colars~altcoins) bitcoin is a virus hacking our lives.

For the rest of my life, anytime someone asks me for investment advice, I'm just going to quote this paragraph right here, word-for-word.
sr. member
Activity: 532
Merit: 253
If you are strong believer and you understand the concept then you wont care so much about US citizen FUD. If you do your Due Dilligence you will understand that they are working on it and that actually Iconomi is not the only project having problem with that. Same concerns are raised in Edgeless or Chronobank ICOs and others. And still that did not stop US investors to buy-in into projects they believe will be very profitable
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
still awesome project and anything under 30k is a steal for this coin, you're an idiot if you think whales aren't playing the chart / walls and accumulating now.  when btc drops, ICN will be one of the first to rocket back up.  Cool

I think your point is flawed here, what % drop in Bitcoin are you looking for, for ICN tokens to increase in price, I think what will drive ICN price up is not Bitcoin ETF being rejected, The US citizen FUD has impacted the price more than BTC rally
full member
Activity: 123
Merit: 100
Fasten your seat belts guys! This ETF is driving me nuts. Don't be surprised to see more slumps in terms of ICN/BTC this month. As long as we have growth interms of ICN/USD, I don't care. HODL Strong !!!!!!!!
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
still awesome project and anything under 30k is a steal for this coin, you're an idiot if you think whales aren't playing the chart / walls and accumulating now.  when btc drops, ICN will be one of the first to rocket back up.  Cool
legendary
Activity: 1302
Merit: 1002
***
I've read a lot of warnings about US citizens and small dividends in first N years, so I'm wondering if the price will ever recover.
***

I will upside question Smiley How much dividends will pay you Bitcoin/Ethereum/ for keeping it in your pocket ?
US citizens warning is every where now like warning like "Hot coffe on McDonalds coffee cup" but americans buys coffee and they will ICN Wink like they buy BTC.

Next thing is that you will never know when they will run buybacks from %of income.
1st they will do that then they will write about it how they fucked up dumpers if they would really want to do it they will do it. Nija kick is best.

About Lisk hmm Lisk is now mirror of Crypti, no platform so far and Lisk in concept phase Cheesy after year.

Same time ICONOMI has shown beta of platform(after 3 months) and they are looking for good ICOs.
So comparing work done by ICONOMI vs work of Lisk DEVs I would dare to say that is insult today!
They don’t jump every shit ICO around this is also good they choose best projects.
If you invest into shitcoin you end like shitcoin.

Once they finalize their platform and news will go over internet Cheesy you be angry not being at this train.
Go buy Dash Wink now or ETH.

***

The price will come down due to BTC ATH but not to 15k sat...not  anymore

Depends on bets if ETFs fails or postpone there is big chance that once BTC crash ICN price will rocket ^^

***
Imagine if ICONOMI will reach some fiat capital agreements with some alternative ETFs what will happen to ICN price?
No one bets this and avoid that "+" saying with ICONOMI.
Man once some big investor will flow mony here...
50% index 50% ICN haha you will be out of train in no time.
but you have time they have to prove themselves as reliable ad secure as Poloniex did.
legendary
Activity: 1040
Merit: 1001
Do you think is a good idea to pick up some tokens at 0.00015 btc during this dump?
I've read a lot of warnings about US citizens and small dividends in first N years, so I'm wondering if the price will ever recover.

So far Iconomi looks very similar to Lisk (and they are also friends with Kordek lol), a lot of promises, but price constantly falling. Sad

The price will come down due to BTC ATH but not to 15k sat...not  anymore
full member
Activity: 329
Merit: 147
Do you think is a good idea to pick up some tokens at 0.00015 btc during this dump?
I've read a lot of warnings about US citizens and small dividends in first N years, so I'm wondering if the price will ever recover.

So far Iconomi looks very similar to Lisk (and they are also friends with Kordek lol), a lot of promises, but price constantly falling. Sad
hero member
Activity: 868
Merit: 500
Will there be review on the Matchpool project? I would like to hear authoritative opinion from ICONOMI team.

It is not ICONOMI that review project, Daniel is the one and the post and opinion is independent of ICONOMI team veiw on a project this has been clarified before, if you want Daniel to review and evaluate Matchpool project you can email him, I did that when I need his opinion on Inchain ICO
sr. member
Activity: 361
Merit: 250
Will there be review on the Matchpool project? I would like to hear authoritative opinion from ICONOMI team.
sr. member
Activity: 532
Merit: 253
I've been reading a little bit into this project,but I feel like I'm missing something. Why can't someone else collect money like ICN did in its ICO and invest money into crypto to pay dividends?

I received an email that ICNx has been released for beta users but I couldn't find any link about this.

For this first quarter of this year it was planned to start with dividends but we haven't heard for this for a long time now.

Those that are posting pictures and gifs are just trolling so don't consider those helpful.

Overall after a high price of Iconomi maybe it's a good time to (re)invest in iconomi as the price is near to the ICO price.

You will get access with time because they will give more users access but you will have to wait. They are doing development and controling step by step
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