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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 394. (Read 583535 times)

hero member
Activity: 689
Merit: 507
has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?

what?
 Huh

If you mean ICNP, so no. They won't share their exit strategy.
As for announcements - they will always be made after. They announce in which ICO they invested after ICO has ended, and the same will probably apply for selling.
Not sure they need to announce what and how much they sold

Yes, the exit strategy was the question, thanks for your understanding.
I suppose I need to dig more in the forum and in other ressources, because I am surprised people massively invest without having a better understanding of the exit strategy and philosophy, only based on the trust that the team will do a good job (this is crypto !).
member
Activity: 103
Merit: 10

I read this thread every day, joined their slack, which is by far the most active that i got into.


that is 100% true, other slacks write as much in one day as we discuss maybe in 1 hour.



Despite being new and having seen the price spike up and down several times all I do i hodl and buy more whenever i can.
stop the fud Smiley

^that^


1 million per year or per what  ?
i only hold icn on kraken im not ico
how will i get paid from that !
sr. member
Activity: 588
Merit: 252
Yes it will probably take time for such high profits to become a reality. When you start a business in your neighborhood you don't usually have 1000 regular customers on the opening day.

That is the mistake people made about investment, they want to invest today and make profit on their investment tomorrow. I don't blame them though because we all know that more than 90% of these project will die out soon.
legendary
Activity: 867
Merit: 1000
****
Dividends. 3% annual management fee as well as .1% entry/exit fee is taken from all ICNX activity and distributed to ICN holders. Likewise, the ICNP will distribute 20% of its realized profits to ICN holders. And then later in 2017, the open fund management system will start paying dividends as well.

The dividends will be for every $1,000,000 that gets distributed, each ICN token will entitle you to $.01. So 100 ICN tokens equal $1 per million.

I would add to that if they have good products and  people will use it widely.
It can build haavy volumes...

Do you want get some share from Poloniex fees today Cheesy ?

http://coinmarketcap.com/exchanges/volume/24-hour/

Poloniex about 100m$ volume daily = ~300 000 $ day from fees
...
Korbit (1st i have heard) 10m$ volume daily = 30 000 $ from fees

Polo needed 3 years of hard work be where is now.
Can ICONOMI be poloniex for funds - yes it can.
If iconomi were polo you would get: 200 000$ daily from fees buy/sell fees ~ 30 000$ for management daily
lets say in good scenario this is like 250 000$ day so 0.0025 per ICN ~ 2.5$ per 1000 ICN DAILY / 70$/1000ICN month. and 840$ year
1000ICN today is ~400$.

BLACK side of that  deal is you need to wait for good developmment:D...
When you value stock they pay about 5% share so ICONOMI value should fly 20x
but this is theory crafting for patient people.

PS: My caluation does not included 6 000BTC in ICNP Cheesy - that was main reason i put here bigger amount of BTC ^^


Nice post, thank you for the explanation
I can understand now about that and I hope also many of people can understand it.
sr. member
Activity: 359
Merit: 252
Yes it will probably take time for such high profits to become a reality. When you start a business in your neighborhood you don't usually have 1000 regular customers on the opening day.
legendary
Activity: 1302
Merit: 1002
****
Dividends. 3% annual management fee as well as .1% entry/exit fee is taken from all ICNX activity and distributed to ICN holders. Likewise, the ICNP will distribute 20% of its realized profits to ICN holders. And then later in 2017, the open fund management system will start paying dividends as well.

The dividends will be for every $1,000,000 that gets distributed, each ICN token will entitle you to $.01. So 100 ICN tokens equal $1 per million.

I would add to that if they have good products and  people will use it widely.
It can build haavy volumes...

Do you want get some share from Poloniex fees today Cheesy ?

http://coinmarketcap.com/exchanges/volume/24-hour/

Poloniex about 100m$ volume daily = ~300 000 $ day from fees
...
Korbit (1st i have heard) 10m$ volume daily = 30 000 $ from fees

Polo needed 3 years of hard work be where is now.
Can ICONOMI be poloniex for funds - yes it can.
If iconomi were polo you would get: 200 000$ daily from fees buy/sell fees ~ 30 000$ for management daily
lets say in good scenario this is like 250 000$ day so 0.0025 per ICN ~ 2.5$ per 1000 ICN DAILY / 70$/1000ICN month. and 840$ year
1000ICN today is ~400$.

BLACK side of that  deal is you need to wait for good developmment:D...
When you value stock they pay about 5% share so ICONOMI value should fly 20x
but this is theory crafting for patient people.

PS: My caluation does not included 6 000BTC in ICNP Cheesy - that was main reason i put here bigger amount of BTC ^^
sr. member
Activity: 532
Merit: 253

I read this thread every day, joined their slack, which is by far the most active that i got into.


that is 100% true, other slacks write as much in one day as we discuss maybe in 1 hour.



Despite being new and having seen the price spike up and down several times all I do i hodl and buy more whenever i can.
stop the fud Smiley

^that^
hero member
Activity: 788
Merit: 1000
have a question about the platform
now icn traded at many markets like kraken and liqui and price is stable in 30 to 40 cents
what will be the difference  at this new platform that makes its price to be higher ? what is the special thing ?

Dividends. 3% annual management fee as well as .1% entry/exit fee is taken from all ICNX activity and distributed to ICN holders. Likewise, the ICNP will distribute 20% of its realized profits to ICN holders. And then later in 2017, the open fund management system will start paying dividends as well.

The dividends will be for every $1,000,000 that gets distributed, each ICN token will entitle you to $.01. So 100 ICN tokens equal $1 per million.
member
Activity: 103
Merit: 10
have a question about the platform
now icn traded at many markets like kraken and liqui and price is stable in 30 to 40 cents
what will be the difference  at this new platform that makes its price to be higher ? what is the special thing ?
legendary
Activity: 867
Merit: 1000
has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?

What do you mean Mate?
buy or sell is available at kraken now you can buy more of ICN there
and hold it for long run to get a dividends and a lot of profit.
sr. member
Activity: 504
Merit: 250
has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?

what?
 Huh

If you mean ICNP, so no. They won't share their exit strategy.
As for announcements - they will always be made after. They announce in which ICO they invested after ICO has ended, and the same will probably apply for selling.
Not sure they need to announce what and how much they sold
sr. member
Activity: 504
Merit: 250
has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?

what?
 Huh
hero member
Activity: 689
Merit: 507
has Iconomy already wrote when or why they will sell a coin in the future ? on which rationnals ? X10 earnings for example ?
sr. member
Activity: 305
Merit: 250

People with British bank accounts and are verified on Kraken
can still deposit/withdraw cash even though the Kraken sterling
method is suspended.

You need to check your Bank allows Sepa transactions, mine
converts Sterling/Euro using their current exchange rate. They
also charge 9 pounds for withdrawals, nothing for deposits.
You will need to use the Kraken Euro deposit details.

On Kraken you need to setup an entry on Euro funding withdrawals
with your bank details. Kraken will charge you 0.09 euros per
withdrawal.

I have successfully transferred Euros to my UK bank from
Kraken, I have not tried transferring the other way round but
I see no reason for it not to work.

If anyone has sent funds into Kraken this way, it would be nice
to know.


newbie
Activity: 19
Merit: 0
When can I get my access to beta ? I want to buy ICNX before everyone ^^

https://medium.com/iconominet/iconomi-platform-development-completes-major-milestone-2db285876380#.fvx2zvhmd :
"... Beta access to the ICNX trading platform will be rolled out gradually while we monitor the status of the platform.
Users that applied for the beta testing program will be added first, then investors based on the amount invested in the ICO, and then everybody else. ..."
sr. member
Activity: 770
Merit: 251
When can I get my access to beta ? I want to buy ICNX before everyone ^^
legendary
Activity: 1302
Merit: 1002
*** prices like this are good opportunity for people to get into the ICONOMI platform, ***

i think that many people who jumped from ship ^^ is waiting till what BTC brings ETF and wait to rebuy more ICNs...
usually for me is to late for party that is why i will stay with good project ^^
hero member
Activity: 630
Merit: 500
Keep the faith - good times are ahead. Price has dropped, but it will bounce back. The value at the moment is not far from where you would expect anyway. Besides there are some dark forces at hand trying to derail us. We must stay strong, keep positive and hold like fuck

This is what I do, I add more to my position especially in a project where I believed in when the price is down, prices like this are good opportunity for people to get into the ICONOMI platform, I could remember when Bitcoin price went to $800 due to the PBOC visit to Chinese exchanges, we all know that is history now
sr. member
Activity: 504
Merit: 250
Well I guess they can start paying out dividends from the beta platform, but they will be measly pennies, since not a lot of money are rolling there. And what will happen is this - people will start coming over crying "Are those the long awaited dividends, some lousy fractions of cents" and someone's going to explain to them that it's just beta, not much money involved, but they won't be satisfied cause they've come here to rage, not to get explanation, then more will come and ask the same thing of course, nobody will ever bother to read the previous posts or inform themselves in any way. Just go on some forum and rage.

The dude above me I'm not sure, I guess he wants to hear the latest news. Just go on Reddit or read the previous pages in this thread, or go to ICONOMI's medium and read it all firsthand.

Btw, the last few pages are surprisingly adequate. It's been a while since there was such a coherent discussion in the ICONOMI thread.

agree! We need to keep the trolls and FUDers away and the rest will work out just fine.

A friendly reminder to all of us - post from cryptoinsiders group and other trolls - just hit 'Ignore' and move on.
If you still want to reply to their post DO NOT quote the original post as your post will be deleted as well.
sr. member
Activity: 359
Merit: 252
Well I guess they can start paying out dividends from the beta platform, but they will be measly pennies, since not a lot of money are rolling there. And what will happen is this - people will start coming over crying "Are those the long awaited dividends, some lousy fractions of cents" and someone's going to explain to them that it's just beta, not much money involved, but they won't be satisfied cause they've come here to rage, not to get explanation, then more will come and ask the same thing of course, nobody will ever bother to read the previous posts or inform themselves in any way. Just go on some forum and rage.

The dude above me I'm not sure, I guess he wants to hear the latest news. Just go on Reddit or read the previous pages in this thread, or go to ICONOMI's medium and read it all firsthand.

Btw, the last few pages are surprisingly adequate. It's been a while since there was such a coherent discussion in the ICONOMI thread.
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