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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 63. (Read 583523 times)

newbie
Activity: 8
Merit: 0
If only 1 millions are burnt, it will make a huge demand supply gap

They burned 750k in Q3, ICN price went down 60%. Not sure what kind of effect you think 1M burnt would have?

ICONOMI has now locked their Reddit channel.
legendary
Activity: 854
Merit: 1000
Strange that ICN price is tanking further.
November AMA is not really convincing, but I didn't really expect anything to be honest.
Probably there will be a bit of a delay in releasing the platform. I hope to have some good news by jan/feb next year...

Strange? Have you seen the Q3 numbers? With Q3 rate it will take 222 years to burn all the ICN tokens but only a few years to use all ICO money for operational expenses and only if they will not use more ICO money to fund their pet project and not loose more money due their technical incompetence. They have already spent $57M ICO money to launch their private companies Columbus Capital and Cofound.it from which ICN investors have nothing, no fees, nothing. You basically gave your money so they can play with it and you are getting no return. They've also lost all Eth, $36M due to Parity bug, so from $120M ICO money they have less than $30M left.

After a year they have shown no real income, all promised features are still just a promise and they are increasingly hostile to their investors. Today their CIO lost his nerve:
Quote
Actually I’m not patient anymore. This community feels like backstabbing all the time (with few bright exceptions), searching for slightest details to s**t on. Might really have been last monthly AMA because of how things are going.

In a year, they will channel out ICO money for their bonuses and new pet projects and the $120M ICO money will be gone and ICN with it.
If I cn is down, there would be more buyback and nobody wants all icn to be burnt.If only 1 millions are burnt, it will make a huge demand supply gap
sr. member
Activity: 897
Merit: 284
Good to see icn is back to green. It is just a matter of time before we go to moon with icn.Do not pay attention to fud and keep holding
sud
sr. member
Activity: 826
Merit: 301
Well, I've bought some ICN sub $1 just to even my bag amount. I still hope we will see the price back on track. We shall see.
legendary
Activity: 1245
Merit: 1027
Their ceo is absolutely right .....

and the results they have obtained over the last year are all very good.

The last phase of misinformation is on the way ......

The moon is at the end of the tunnel.

newbie
Activity: 8
Merit: 0
Strange that ICN price is tanking further.
November AMA is not really convincing, but I didn't really expect anything to be honest.
Probably there will be a bit of a delay in releasing the platform. I hope to have some good news by jan/feb next year...

Strange? Have you seen the Q3 numbers? With Q3 rate it will take 222 years to burn all the ICN tokens but only a few years to use all ICO money for operational expenses and only if they will not use more ICO money to fund their pet project and not loose more money due their technical incompetence. They have already spent $57M ICO money to launch their private companies Columbus Capital and Cofound.it from which ICN investors have nothing, no fees, nothing. You basically gave your money so they can play with it and you are getting no return. They've also lost all Eth, $36M due to Parity bug, so from $120M ICO money they have less than $30M left.

After a year they have shown no real income, all promised features are still just a promise and they are increasingly hostile to their investors. Today their CIO lost his nerve:
Quote
Actually I’m not patient anymore. This community feels like backstabbing all the time (with few bright exceptions), searching for slightest details to s**t on. Might really have been last monthly AMA because of how things are going.

In a year, they will channel out ICO money for their bonuses and new pet projects and the $120M ICO money will be gone and ICN with it.
sr. member
Activity: 350
Merit: 250
ICN needs more time.I think we must hold it for 5 years atleast to see its real value
member
Activity: 392
Merit: 10
But for copy a DAA Managers in Iconomi it's necessary use ICN coins ?
sud
sr. member
Activity: 826
Merit: 301
I dont understand why you cant invest ICN token on platform... On the other hand why do somebody want to invest in index if he can just copy their portfolio for free Cheesy ?

It's not free, cause it takes time and lots of work to get 20 or more bags of different coins. Buying index of all those on one platform is convenient.
sr. member
Activity: 390
Merit: 250
into the clusterfuck
... why do somebody want to invest in index if he can just copy their portfolio for free Cheesy ?

Are you sure it's that cheap and easy to buy and manage several different tokens?

You're actually questioning the whole concept of an index. You should learn about the advantages of such constructs.
member
Activity: 116
Merit: 10
I dont understand why you cant invest ICN token on platform... On the other hand why do somebody want to invest in index if he can just copy their portfolio for free Cheesy ?
full member
Activity: 126
Merit: 100
Strange that ICN price is tanking further.
November AMA is not really convincing, but I didn't really expect anything to be honest.
Probably there will be a bit of a delay in releasing the platform. I hope to have some good news by jan/feb next year...

hero member
Activity: 1923
Merit: 538
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

ask questions !!

Ok..here is a question for you:  What is the issue and truth about ICONOMI being in violation of 6 rules that could completely whipe the project off the map?? I have been holdiing it snce july and t is my wost performng token of about 50.  Now that would not be suuch a problem without this news, but to strengthen my fears there is also the rumor the ICN team has split up to another Hedge fund moving the capital there.

All in all the news around this company is way more then to say shady and the team is reluctant to clear the smoke (what makes for more red flags).

For ICONOMI to get back on track is first to invest in the getting the trust back of its investors in the company by making a lot of media statements onn youtube and all social media and getting these roumors out of the air. EVEN if they are true it would be better to be upfront about it so we can continue with a clean sled and build from there.

Looking forward to replies.

cannot answer to this, as i am only an investor;
i have reduced my stake by half, things being unclear.
legendary
Activity: 854
Merit: 1000
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

ask questions !!

Ok..here is a question for you:  What is the issue and truth about ICONOMI being in violation of 6 rules that could completely whipe the project off the map?? I have been holdiing it snce july and t is my wost performng token of about 50.  Now that would not be suuch a problem without this news, but to strengthen my fears there is also the rumor the ICN team has split up to another Hedge fund moving the capital there.

All in all the news around this company is way more then to say shady and the team is reluctant to clear the smoke (what makes for more red flags).

For ICONOMI to get back on track is first to invest in the getting the trust back of its investors in the company by making a lot of media statements onn youtube and all social media and getting these roumors out of the air. EVEN if they are true it would be better to be upfront about it so we can continue with a clean sled and build from there.

Looking forward to replies.

Good luck getting a straight answer from this team !

I am like this guy
So SAD, time to flush the toilet.

thanks you fucking useless management!

Just come back once in a while to kick the dog. Glad I sold half of my stack but still disappointed to watch this dump
When I see ICN down,I get happy to think that now there would be more buyback and more coins would be burnt.Less ICN would mean more price.Look at iconomi newsletter they have made good profit
sr. member
Activity: 910
Merit: 263
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

in fact, for many projects now on the market drawdown of 70-90%. Bitcoin does what.
sr. member
Activity: 322
Merit: 250
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

ask questions !!

Ok..here is a question for you:  What is the issue and truth about ICONOMI being in violation of 6 rules that could completely whipe the project off the map?? I have been holdiing it snce july and t is my wost performng token of about 50.  Now that would not be suuch a problem without this news, but to strengthen my fears there is also the rumor the ICN team has split up to another Hedge fund moving the capital there.

All in all the news around this company is way more then to say shady and the team is reluctant to clear the smoke (what makes for more red flags).

For ICONOMI to get back on track is first to invest in the getting the trust back of its investors in the company by making a lot of media statements onn youtube and all social media and getting these roumors out of the air. EVEN if they are true it would be better to be upfront about it so we can continue with a clean sled and build from there.

Looking forward to replies.

Good luck getting a straight answer from this team !

I am like this guy
So SAD, time to flush the toilet.

thanks you fucking useless management!

Just come back once in a while to kick the dog. Glad I sold half of my stack but still disappointed to watch this dump
newbie
Activity: 48
Merit: 0
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

ask questions !!

Ok..here is a question for you:  What is the issue and truth about ICONOMI being in violation of 6 rules that could completely whipe the project off the map?? I have been holdiing it snce july and t is my wost performng token of about 50.  Now that would not be suuch a problem without this news, but to strengthen my fears there is also the rumor the ICN team has split up to another Hedge fund moving the capital there.

All in all the news around this company is way more then to say shady and the team is reluctant to clear the smoke (what makes for more red flags).

For ICONOMI to get back on track is first to invest in the getting the trust back of its investors in the company by making a lot of media statements onn youtube and all social media and getting these roumors out of the air. EVEN if they are true it would be better to be upfront about it so we can continue with a clean sled and build from there.

Looking forward to replies.
hero member
Activity: 1923
Merit: 538
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad

ask questions !!
full member
Activity: 560
Merit: 113
ICN was great in the beginning, I made some nice gains and still have full confidence in the platform itself.

However my remaining ICN are now 90% down and it is frustrating to see no light at the end of this tunnel  Sad
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