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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 399. (Read 583535 times)

legendary
Activity: 1040
Merit: 1001
iconomi looks like scam. price keeps going down only. devs are not doing their job. dump to 0!!!  Huh Huh Huh


Look at chronobank, ico price was 0.01 and now in 2 days its 0.005...does it means its scam???
hero member
Activity: 3038
Merit: 617
Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat

Don't forget that there is a 2nd application for an ETF with deadline on March 30th. So even if Bitcoin doesn't get its approval on 11th March, the rally might continue (probably after a small dip) for the 2nd one.

I believe current market volume of Iconomi is too low and easily to be manipulated by whales or fuders. So imo right now the price is irrelevant to the quality of the product. We all saw the Beta video and everybody shared the same opinion: ICN team already did a f**king great job !

So right now the price doesn't bother me too much. (Even though we all prefer green numbers above red numbers Roll Eyes )

I hope that when the platform goes publicly live the ICN team will do some crazy marketing to get this golden product to the right people.
Adding to another major exchange will also help increasing the volume distributing the ICN tokens from Whales to shrimps.


There had been fudders since the start of ICN trying to bring the price below $0.18 but they are yet not successful and had not been so its still a good token. The price of ICN still is above ICO price, so its yet not going to be a less thing for holders if he dumps his right not to moves to btc.
newbie
Activity: 20
Merit: 0
Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat

Don't forget that there is a 2nd application for an ETF with deadline on March 30th. So even if Bitcoin doesn't get its approval on 11th March, the rally might continue (probably after a small dip) for the 2nd one.

I believe current market volume of Iconomi is too low and easily to be manipulated by whales or fuders. So imo right now the price is irrelevant to the quality of the product. We all saw the Beta video and everybody shared the same opinion: ICN team already did a f**king great job !

So right now the price doesn't bother me too much. (Even though we all prefer green numbers above red numbers Roll Eyes )

I hope that when the platform goes publicly live the ICN team will do some crazy marketing to get this golden product to the right people.
Adding to another major exchange will also help increasing the volume distributing the ICN tokens from Whales to shrimps.
sr. member
Activity: 359
Merit: 252
iconomi looks like scam. price keeps going down only. devs are not doing their job. dump to 0!!!  Huh Huh Huh

Price goes down doesn't mean project scam

Don't worry, it will not dump to 0 because if when the platform launched, everything will change

Yea, but these people will never get it. They probably think ICN is just another shitcoin you mine with a GPU.
sr. member
Activity: 588
Merit: 252
Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat
legendary
Activity: 1162
Merit: 1000
Why is the price falling? I am hopeful.

Because bitcoin will go to the moon.
hero member
Activity: 3038
Merit: 617
hahahaha, you caught me. 

In fact, I'm selling everything and going all-in on Chinese "Ethereum/Bitcoin hybrid."  Credible scam accusations and 50% of supply goes to team, sounds legit.

I'm curios to know because I also have some ICN. They did set up buy walls right and so I guess it could be true. Can you share the information where you got the data where 50%  of the supply goes to the team?  I would expect the price to go up when btc stables though.
hero member
Activity: 1568
Merit: 511
iconomi looks like scam. price keeps going down only. devs are not doing their job. dump to 0!!!  Huh Huh Huh

Price goes down doesn't mean project scam

Don't worry, it will not dump to 0 because if when the platform launched, everything will change
hero member
Activity: 798
Merit: 500
are you serious, some big fish is just making money on icn while it's possible - because when ICN will launch platform for everyone it will go only up. cmon guys.
perhaps because bitcoin is currently high price factor that the price of ICN affected by it, I think you are here not to worry and panic may come a time later the price will be stable even ride height. Wink
legendary
Activity: 1302
Merit: 1002
iconomi looks like scam. price keeps going down only. devs are not doing their job. dump to 0!!!  Huh Huh Huh

Nah IMO people are trying to sell ICN and get on ICNX later ^^ becouse you see much more green in ICNX than ICN.
ICN to grow now up need ?
FIAT deposits but now are not avaible so there is currently only  ICN <> BTC <> ICNX <>>> ICNP.

If you have strong hands i can give u a tip :
- once big holder of fiat will move into ICNX people will realize that was mistake to sell ICN becouse no one was thinking about that scenario before ^^ (almost none   Tongue )

to be fair all we see that ICONOMI is moving forward when you look at other high funded projects Waves Lisk SingularDTV DixDao
ICONOMI is one of best teams - is delivering. Creating good platform properly codded is not case for 1-month Smiley so delays are acceptable till they deliver.
sr. member
Activity: 695
Merit: 255
are you serious, some big fish is just making money on icn while it's possible - because when ICN will launch platform for everyone it will go only up. cmon guys.
sr. member
Activity: 532
Merit: 251
Presale Starting May 1st
Why is the price falling? I am hopeful.
sr. member
Activity: 364
Merit: 250
move that crypto
hahahaha, you caught me.  

In fact, I'm selling everything and going all-in on Chinese "Ethereum/Bitcoin hybrid."  Credible scam accusations and 50% of supply goes to team, sounds legit.
sr. member
Activity: 448
Merit: 250
Devs need to remove or rename the old thread. Keeps coming up and its not doing the price any favours just lingering
hero member
Activity: 737
Merit: 551
Kraken launched new trade interfaced
https://trade.kraken.com/kraken/icnbtc
Good to see it.
hero member
Activity: 644
Merit: 501
Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.

I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.

I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history).

Have u seen the volume, u swinging bitch. The only thing that swings is ur ass, and I will tell u more. Someone curls ur legs up, moves ur head down and fastens ur body with ropes after which someone else applies a pressure to ur ass making it swing between walls like a pendulum.

Wow, the FUD group answers back! So you are still watching this thread!

I found some FUD comments on Lisk on your previous posts, I guess its just a coincidence Smiley
hero member
Activity: 788
Merit: 1000
Well that escalated quickly.
hero member
Activity: 2147
Merit: 518
Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.

I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.

I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history).

Have u seen the volume, u swinging bitch. The only thing that swings is ur ass, and I will tell u more. Someone curls ur legs up, moves ur head down and fastens ur body with ropes after which someone else applies a pressure to ur ass making it swing between walls like a pendulum.
legendary
Activity: 1302
Merit: 1002
***
Lol i thought 20X12 = 240, as 2x12 usually was 24
***

hey Smiley

but here should be :
((1+1*20%)+(1+1*20%)*20% )+ ... and mean time you cut 3%... formula is bit complicated.
compounded interest rise faster
full member
Activity: 155
Merit: 100
If ICN holders will get dividends from ICNX, ICNP, OFMP as mentioned on a previous post in this thread, what ICNX holders will earn exactly because until now I can't understand the use of ICNX and how the price for it is calculated as It looks useless except the fact that you could use it on the platform for something that I'm also not really sure of.

Your money you invest will increase when the market raises. It cointains 12 different crypto currencies, and what you invest will be balanced among those currencies at a certain rate, depending on how valuable the algorithm finds them.

With the market raising, you profit because the underlying tokens are gaining in value and are worth more. You pay 3% management fee per year, which goes to ICN holders. If you take the current performance, which is about 20% per month (in the beta, it was about 23.4% but let´s take 20 for now!), you will have 117% (20%*12-3% fee) yield per year.

If you then decide to sell your ICNX out, you pay an additional exit fee of 0.10%


Conclusion: You´ve gained ~117% within one year, without doing anything like reading news on currencies daily, watching charts, deciding to drop your currency in favor of another but you´ve still profited largely!

Lol i thought 20X12 = 240, as 2x12 usually was 24

Anyway It is a fairy tale, and very soon all of you will be disappointed
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