Topic: ICONOMI - Live for today. Invest for tomorrow. - page 70. (Read 583523 times)

Well if it goes back at that price, I would be more than happy to buy back all my ICNs I sold @ $4 each. 

I think we are heading back to $0.2. Those talking about dividends even the revenues $57,000 are very low.

ICN searching for new bottoms, there is still some room to go to 0. So keep up the good work... I mean really, what's the point in holding ICN?

wow, my congratulations. check it)

Dividends or Share profit, same for me !

Need to make the ICN useful !

all I want is to recover my investment!

You can't pay dividends as it would be a security. Personally I would like Icn to be a security and represent a real share of the company.

There is no legal framework towards tokens represent ownership of a company. It's not their fault, stop crying about dividends

In case you guys missed it. I did a quick research on Virtuoso and it's his/her first post in this thread ever. And for sure a negative fuddy one about a topic that's long off the table  ... makes me wonder.   

No, I`m porr 

After reading their recent financial report, i sold all my ICN

STOP THE MASSACRE™

Clarify or maybe create a new strategy?

I think that initially they did not accept US subscribers, so why bother with the SEC, an american roundabout ?

now they have a costly apparatus with more than 30 salaries, and they will lose more and more money if they do not rentabilize it by increasing rapidly the volume of managed funds.

there are "some" investors outside US, and european markets do exist for europe-based companies, why not centering on them?

they had in Q3 new clients, but who did not invest that much.

this is a strong contrast with the present rush on cryptos in america.

So they have an ambigous position without benefit, who is analyzed by price decrease.

Clearly they have to clarify.

I agree that dividends would be great, but that will show a very risky position from the SEC perspective. I think is almost the same situation that Ripple:  Everyone believes in Iconomi, but not in the Token utility.

Wow I cant Believe 1$ Icn dammmmm ( Stop the massacre plz !!!!

I wrote this some time ago and I reapet my opinion:

No REAL use ICN tokens !! So price droping and droping ... Any buybacks not help because if something worth ~0 what difference make if somebody make buyback some if it still ~0 ??
Anybody can use Platform but to use platform NO NEED have ICN tokens !!! Even to have shares in fund (or any existing DAA on platform) ICNX everyone need buy ICNX (now its name BLX) so no need any ICN tokens !!!
So ICN tokens are USELESS ...  When dividends or profits from keeping this tokens? Exaple from ICN Pinta - Team invest in many ICO but we have no profits from this investments. Profits go to buy-backs but everybody DONT CARE about buy-backs so price droping and droping because more numbers coins or some less number coins but uselles the price still will be go to ~0 satoshi.
I have around 10 000 ICN and I not happy with droping price so its not fud just facts. Change buybacks to shared profit maybe in eth to holders wallets.
Last times many ICO's promise share they profits to investors. Not all profits ofc but more than 0 like ICN tokens !!!
And I DONT CARE about USA markets like Kraken. If ICN no have value because no give us profit its dont matter on how many markets they are. Maybe Binance and Liqui and few others is enought even if Kraken delist ICN for payout any dividends.

I dont know if some people here have forgotten the reasons why it was changed from Dividends to Buybacks, is was to not look like a "SECURITY" in the eyes of the SEC.  Personally I think that buybacks are better than dividends, because instead of benefiting only you for your own holdings, it benefits the whole entire community by pumping up the price of ICN.  Also, I see buybacks are better in terms of promoting the increase of ICN's price, if we had dividends there would be no incentive to increase the price of ICN, the price of ICN can drop t 1 cents each or increase to 100 dollars each and you still would get the same exact amount of dividends in proportion to the amount of ICN's you are holding, your dividends would always be dolarized, which means that if one day the price of ethereum were to reach $1,000 USD each you would only be getting a very small fraction of 1 ethereum on each quarter, not fun right?  But with buybacks if the price of Ethereum were to increase to $1,000 chances are the price of ICN would also increase substantially always putting you on fair levels with Ethereum and other coins and tokens on the market, you would be able to afford to exchange for 1, 10 or 100 ETH's easily if the price of each ICN also increases astronomically as the price of ETH also increases astronomically.  

So, going back to Dividens, so in addition to gettind wayyy less ethereum because the price of ethereum increased substantially and the US DOLLAR is being used to calculate how much Ethereum you get, the price of Ethereum can also drop significantly in the future completely negating any $USD values, well not completely negating, but creating a huge loss for you.

This, along with ICN getting labeled a Security would mean that you would not be getting any Ethereum as dividends.  In the best case scenario, you would be forced to create an account with any traditional exchanges like Schwab, Schott, TD Ameritrade, etc where you would either pay like $5 per trade or pay like $99 a month to maintain the account with cheaper trades, or get charged an astronomical amount per shares you wish to buy, OUCH if you have like 50,000 ICN's to "Import" over there, or not pay anything astronomical to import these "shares" over there, but pay something astronomical like $99+ a month just to keep your account open.  So that blockchain token would all of a sudden needs to be converted into a conventional stock in a conventional centralized spreadsheet software in a centralized brokerage of your choice depending on what features you want and how much you wish to pay.

In the middle case scenario, ICONOMI could be forced to dump ICN's and create something else and convert to that something else at 1:1 exchange rate that actually offers a real utility.

In the Worst case scenario, ICONOMI could dump ICN's all together and continue operating without ICN's

EDIT: Or they could say: Screw SEC, we are not an american company, we are not operating in the USA, we are not targeting USA customer and just keep their operations completely offshore and get to keep ICN's with the Dividends and not mind getting de-listed from Kraken, etc...

So, no.  As an American myself who did took part on the ICO of ICN and are "Grandfathered" in meaning that the ICO took place in a period before SEC said anything on the subject, way before the SEC said anything in regards to any "guidelines", etc..., I would like for them to stay with the Buybacks, I dont think it would benefit me at all if they were to get labeled a Security, if ICONOMI decides to keep ICN's and it gets delisted from all american exchanges this would mean that I would be stuck with a whole bunch of ICN's that in the future I would have to literally move offshore just to be able to cash them out.  Ummm not fun.

I totally agree with you, right now we are caught in a nightmare from which it seems we can not wake up. A divident to the ICN token holders could possible change the whole situation.

You don't need to be a TA expert to see where this is going. But to be fair pretty much the entire market except for BTC is not doing well.

I agree, time to stop the massacre...

I agree with you, dividend can make people interested to buy this coin and buy more if the coin price down. More coin and more dividend. People can get passive income although the coin price still down