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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 418. (Read 583536 times)

member
Activity: 82
Merit: 10
I understand the impatience of some people during those price dumps without new information, but keep in mind that the token price has nothing to do with the real value of the company, as everyone with "a bit" money can crash it down and pump it up again without changing the fundamentals of the project! 


ICONOMI´s mills grind slowly Wink



Like I said any price that ICN has at the moment is totally irrelevant. This is not a shitcoin that you pump on polo trollbox. This token will hold value once ICONOMI team releases good products, for example the OFM platform. The quality of the products ICONOMI will release will make or break the price of ICN tokens.

Good product = lots of users = lots of fees = lots of dividends for ICN token holders = demand for ICN token increaces = price increases. Bad product = no users = price goes into the ground. So stop obsessing with the moment price of ICN as it means nothing, because nothing has yet been released.

words to remember when the hand gets weak :-)
sr. member
Activity: 359
Merit: 252
Day by day my patience is getting tested as the month end comes on...

What do you expect will happen at the end of the month?

A group of  beta testers will get access to ICNX but that's about it as far as I know. It's not like it's going to pump the price 3$ in 1 day. Don't get so hyped up about dates. You can see things are speeding up, communication with the team is getting more frequent and progress is being made, so I'd be surprised if it takes much longer to release OFM, but I don't think anything much will happen in the coming 4 days.

Just be patient. It's only been a couple of months since ICN started. Mellonport for example are 2 years before they will release anything(and that's if they don't get delays) so imagine what kind of patience those guys must have. I really don't think we will have to wait till the end of the year to see big things from ICONOMI, maybe not even till the end of the first half of the year, but 4 days is a bit too much to expect sth huge will happen.
sr. member
Activity: 518
Merit: 250
I think this should remain well-developed and stable
newbie
Activity: 10
Merit: 0
What if nothing happened by the end of next month, and everything gets delayed again?
sr. member
Activity: 448
Merit: 250
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
I think I will take it down.
legendary
Activity: 1040
Merit: 1001
Day by day my patience is getting tested as the month end comes on...
sr. member
Activity: 359
Merit: 252
I understand the impatience of some people during those price dumps without new information, but keep in mind that the token price has nothing to do with the real value of the company, as everyone with "a bit" money can crash it down and pump it up again without changing the fundamentals of the project! 


ICONOMI´s mills grind slowly Wink



Like I said any price that ICN has at the moment is totally irrelevant. This is not a shitcoin that you pump on polo trollbox. This token will hold value once ICONOMI team releases good products, for example the OFM platform. The quality of the products ICONOMI will release will make or break the price of ICN tokens.

Good product = lots of users = lots of fees = lots of dividends for ICN token holders = demand for ICN token increaces = price increases. Bad product = no users = price goes into the ground. So stop obsessing with the moment price of ICN as it means nothing, because nothing has yet been released.
full member
Activity: 238
Merit: 100
If you look at the bigger picture - accepting fiat, issuing their own Visa Card etc then it´s somehow clear that their process of founding might be slower and more complex then founding a Ltd.

They need to have some kind of a banking license, figure out the right taxing conditions and in they have to take similar steps like for a hedge fund.

Look at this Quora post https://www.quora.com/How-long-does-a-brand-new-UK-hedge-fund-startup-normally-take-from-inception-to-fund-launch

"It varies - however, you should be banking on at least 6 months if everything is very straightforward and you need nothing unusual from your counter parties (which is hardly ever the case)" - This timeframe goes for the UK of course and there might be countries, where the founding process is a bit quicker


Mona El Isa from Melonport has also mentioned that timeframe for hedgefund as we know them (this of course includes development time, what is her reason for starting this project)

https://medium.com/@mona.elisa83/what-are-the-problems-facing-the-hedge-fund-industry-today-and-how-can-smart-contracts-on-the-7d1fbc25d04e#.3am1g1pga

"Setting up a hedge fund can take 9–12 months, and involves a very high initial start up and running cost which can eventually lead to fund failures."


By the way: Iconomi is now in the 5th month, almost finished with core development


I understand the impatience of some people during those price dumps without new information, but keep in mind that the token price has nothing to do with the real value of the company, as everyone with "a bit" money can crash it down and pump it up again without changing the fundamentals of the project! 


ICONOMI´s mills grind slowly Wink

hero member
Activity: 1064
Merit: 589
0.00023500  Sad
when will it end??

when the start of beta testing?
where news?

the end of february is started of beta testing
4 days left we can take a part of testing. Please be more patient.
sr. member
Activity: 280
Merit: 250
Be optimistic on ICONOMI, I am always ICONOMI support, because of many reasons:

1. ICONOMI has a real financial company backed, so it is the serious and reliable team behind this project.
2. ICONOMI has earned much profit from Golem and Byteball tokens, it will distribute to us.
3. It is cheap now, buy more, and wait for 40k again.

You right, ICONOMI has a ~ $600000 in Byteball!
sr. member
Activity: 240
Merit: 250
May I volunteer my services to be a second moderator of this thread? I am practically always on and I grow weary of reporting these troll's posts to forum moderators who do nothing about them.

I hereby nominate Enjorlas, and cordially ask Iconomi to consider adding him to the Iconomi "Anti-Trolls" Mod Squad.

It is true that any one person cannot be here all the time because he needs to sleep & eat too, and darpaski already has all the work cut out for him (thank you, darpaski!)

I think it would be nice to have more than one dedicated member of Iconomi community help patrolling this thread and root out the bad guys (preferably from different time zones).  Smiley

The more, the merrier!  Cheesy

+1

I agree with the above.

Good point, ICN team should focus on development and marketing, not daily moderate the thread because it is wasting time, we can moderate by ourselves, ignore trolls and report them. EASY
hero member
Activity: 695
Merit: 500
May I volunteer my services to be a second moderator of this thread? I am practically always on and I grow weary of reporting these troll's posts to forum moderators who do nothing about them.

I hereby nominate Enjorlas, and cordially ask Iconomi to consider adding him to the Iconomi "Anti-Trolls" Mod Squad.

It is true that any one person cannot be here all the time because he needs to sleep & eat too, and darpaski already has all the work cut out for him (thank you, darpaski!)

I think it would be nice to have more than one dedicated member of Iconomi community help patrolling this thread and root out the bad guys (preferably from different time zones).  Smiley

The more, the merrier!  Cheesy

+1

I agree with the above.
sr. member
Activity: 294
Merit: 250
Be optimistic on ICONOMI, I am always ICONOMI support, because of many reasons:

1. ICONOMI has a real financial company backed, so it is the serious and reliable team behind this project.
2. ICONOMI has earned much profit from Golem and Byteball tokens, it will distribute to us.
3. It is cheap now, buy more, and wait for 40k again.
newbie
Activity: 31
Merit: 0
I have a drastic suggestion for the Iconomi Investment Team (I believe it's headed by Daniel Zakrisson).

It is my understanding that Iconomi.Performance Fund (or ICNP for short) typically only invests in Crypto startup with potentials.

However, as ICN's marketcap falls below its fair valuation, I'd highly advise the Investment Team (and Daniel) to consider initiate a "BuyBack Program."  This will have 3 major advantages:

1. By reducing the payout to 3rd-party investors, Iconomi platform will drastically increase its profit margin.

2. By holding ICN in ICNP fund, the dividend will provide a steady stream of guaranteed income that cannot be found in other Crypto financial products today.

3. If you play it right, the move will drastically reduce any group or individual's ability to manipulate the market.  I do not wish to elaborate here, but a smart guy like Daniel would surely know what I'm getting at.  Wink

All major corporations has "stock buyback" program at one point, so why can't Iconomi have one too when the market cap has fallen below its fair valuation?  Smiley

Please think about it if you haven't already.  Cheesy

That is one of the most stupid things I have ever read.
legendary
Activity: 1302
Merit: 1002
..."BuyBack Program." ...

1) Never show your cards they should just buy in deep. Make dumpers cry rivers Cheesy

Don't worry they will go with such stuff sooner or later when they will release platforms ^^.
sr. member
Activity: 280
Merit: 250
This is the time when you should be a little more folks.

what are you talking about?
hero member
Activity: 802
Merit: 501
This is the time when you should be a little more folks.
sr. member
Activity: 588
Merit: 250
Crypto is Life!
0.00023500  Sad
when will it end??
when the start of beta testing?

Next week or this weekend itself for beta Wink

Price is not making me happy too
sr. member
Activity: 280
Merit: 250
0.00023500  Sad
when will it end??



when the start of beta testing?
where news?
hero member
Activity: 737
Merit: 551
I think those FUDsters already got their cheap stakes, we need to know that. So set more buy support for Iconomi is mercy, let us protect our price from dumping, get more cheap coins.

I agree with you.
this is strategy fudster to get cheap coins on the market, he is coming here to make a panic sell.


it happen with all coins, everytime you can spread the word but , you know what?
FUDsters are always there paid by whales to do dirty job

The fud is job too? I don't know that.
maybe you are right. they are a team to do this job to get an advantage from it.
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