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Topic: ICONOMI - Live for today. Invest for tomorrow. - page 79. (Read 583523 times)

sud
sr. member
Activity: 826
Merit: 301
why price not goine up?


cause you are a fucking faggot and the team is suppressing the price just to punish you.

That's harsh Tongue I feel sorry for all those who bought ICN for >$4 and now wondering WTF is going on.
hero member
Activity: 1050
Merit: 604
why price not goine up?


cause you are a fucking faggot and the team is suppressing the price just to punish you.
sr. member
Activity: 1218
Merit: 279
why price not goine up?
full member
Activity: 126
Merit: 100

in Q2 they burned almost 100 000 tokens in Q3 i can expect something same 90-100K so I dont know what should happen that they can burm 10M in 3 years. 100K comparing to all tokens is nothing so dont expect price will grow. even after 5 years those tokens amount what they will burn will not have any influence on price.

10M is possible should there be a good growth (more users and crypto price rising) and steady ICN price.
Q4 buyback/burn should be a lot higher considering the platform is operational now. Let's assume they burn 500k this year. Next years: 1,5M, 3M, 5M --> 10M total
IMO not unrealistic: linear growth for a startup.
Remember that the real marketing, DAAs (creation will consume ICN), fiat gateway etc. still have to come. Hopefully they'll keep working hard over the next years and keep adding value to the company (and reward ICN holders). More info here: https://www.reddit.com/r/ICONOMI/comments/6rkx1l/new_to_iconomi_start_here/

10M still would only be 10% of the total supply, but would probably trigger a nice price increase. I don't expect "moon" gains any longer, but I'm still optimistic that I'll see a nice return within 3 years.
newbie
Activity: 63
Merit: 0
$10000  Roll Eyes

I'll have whatever you're smoking

Eventually with the buyback system, theoretically if it goes on long enough we could see ICN at well over $10,000 per coin. That is the devs master plan. Whoever sellls now has not done their research. What I love aboit Iconomi is that if you were following this coin from the beginning there is lots of info many later investors will not pick up on, thus causing ICN to be one of the most successful crypto projects ever in terms of price rise.
Oh and not to mention they have a working product already pulling in revenue far higher than any others. They have customers and minimimum 20% of the profits are being used to buy amd destroy coins from the total supply. Its incredible and its still early days

10000$ it's a crazy price with no math behind it

if they get to burn 10.000.000 tokens in the next 3 years
and with a capital as big as bitcoin we can speak of something over 500$ per token
and this is an optimistic scenario considering the situation, not the product.

in Q2 they burned almost 100 000 tokens in Q3 i can expect something same 90-100K so I dont know what should happen that they can burm 10M in 3 years. 100K comparing to all tokens is nothing so dont expect price will grow. even after 5 years those tokens amount what they will burn will not have any influence on price.
sr. member
Activity: 560
Merit: 250
You could have just sold at 5.50 and bought back at 1.50 and saved yourself the hassle. Your bitcoin would have also increased in value 2 x during the slide

It looks like ICN didn't spend any $ advertising at devcon3 https://ethereumfoundation.org/devcon3/

And a new crypto index fund enters the field https://www.coindesk.com/angellist-creator-naval-ravikant-backs-sp-style-cryptocurrency-fund/
https://www.bitwiseinvestments.com/fund
They've stated in the past that marketing will only happen after they launch DAAs.

The new fund is probably a good thing. Not really competition for Iconomi imo, will create awareness about crypto and fund-investing. Focussed more on big players:
  • Investor Qualification: Investors must be accredited and US-based.
  • Minimum Investment: $10,000

Devcon are a good oppurtunity for advertising. Even tough IConomi is not fully developed, advertising in current state also will bring more users in future.
newbie
Activity: 19
Merit: 0
1 year, ico prize, great investment
full member
Activity: 126
Merit: 100
You could have just sold at 5.50 and bought back at 1.50 and saved yourself the hassle. Your bitcoin would have also increased in value 2 x during the slide

It looks like ICN didn't spend any $ advertising at devcon3 https://ethereumfoundation.org/devcon3/

And a new crypto index fund enters the field https://www.coindesk.com/angellist-creator-naval-ravikant-backs-sp-style-cryptocurrency-fund/
https://www.bitwiseinvestments.com/fund
They've stated in the past that marketing will only happen after they launch DAAs.

The new fund is probably a good thing. Not really competition for Iconomi imo, will create awareness about crypto and fund-investing. Focussed more on big players:
  • Investor Qualification: Investors must be accredited and US-based.
  • Minimum Investment: $10,000
sr. member
Activity: 882
Merit: 429
Yes happy birthday... It seems that things are going to take more time than we thought from the beginning. I would like to know what the team is doing.
sr. member
Activity: 532
Merit: 253
yea Happy Birthday!
ICN is one of the best Projects in Crypto and the Price is just sick right now. $ Price looks like a bottom.

Happy birthday with a bit of a delay
sr. member
Activity: 322
Merit: 250
no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.

price is not low because people are selling.  price is low because traders are selling/buying.  in low liquidity environments you will see the price continually drop.  it is very normal in a market.  think logically.  if i have 1000 ICN and sell now...i can get say 1050 icn in the next small bump back up...then sell it again...then buy again to get 1100 icn...eventually when the market pumps i'll either be on the icn of the trade or the btc.  either way, i made a lot without having to invest any additional capital. 

everybody, you can try this experiment yourself...in just about any crypto market.  please don't be so naive.

You could have just sold at 5.50 and bought back at 1.50 and saved yourself the hassle. Your bitcoin would have also increased in value 2 x during the slide

It looks like ICN didn't spend any $ advertising at devcon3 https://ethereumfoundation.org/devcon3/

And a new crypto index fund enters the field https://www.coindesk.com/angellist-creator-naval-ravikant-backs-sp-style-cryptocurrency-fund/
https://www.bitwiseinvestments.com/fund
newbie
Activity: 52
Merit: 0
no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.

price is not low because people are selling.  price is low because traders are selling/buying.  in low liquidity environments you will see the price continually drop.  it is very normal in a market.  think logically.  if i have 1000 ICN and sell now...i can get say 1050 icn in the next small bump back up...then sell it again...then buy again to get 1100 icn...eventually when the market pumps i'll either be on the icn of the trade or the btc.  either way, i made a lot without having to invest any additional capital. 

everybody, you can try this experiment yourself...in just about any crypto market.  please don't be so naive.
full member
Activity: 126
Merit: 100
no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.
newbie
Activity: 52
Merit: 0
everybody asks why the price keeps going down, which I just don't understand.  If you wanted to accumulate a larger position without spending anymore, how would you do it?  In a market where liquidity is low, you can expect price to only go steadily lower as those trying to accumulate play the market in that way. 

The only way price jumps is through new buyers when the only players are hodlers, accumulators, and those that "cut their losses" (cutting losses onto the accumulators).

Why is this so hard to understand in crypto???

The user interfaces are becoming much more consumer friendly and it will eventually reach a tipping point.  Once that happens you will see real growth in the market.  Most of the growth now is just big investors playing bitcoin.
sr. member
Activity: 381
Merit: 250
Nearly back at ICO price in terms of BTC. Fuck.
member
Activity: 103
Merit: 10
no one of the 50 team members know why price is dumping in non reason way ?
sr. member
Activity: 294
Merit: 251
How many projects does ICN invest right now? I want to know the list, thanks

Where can I find this list?
sr. member
Activity: 381
Merit: 250
Those saying you'd be happy to see only $10 by 2018? You might aswell just sell and hold your BTC then, cause by that time the current price of what ICN is now in terms of satoshi will probably be higher than a poxy $10.
hero member
Activity: 671
Merit: 505
Oddly enough the ICN shit is still alive. I'll be happy to see it at $100 in an year or two but highly doubt it. The list of currencies looks good which means that it's the poor / scammy management that brings the price more and more down. We'll see.
member
Activity: 135
Merit: 12
Call me Mr. Hans
$10000  Roll Eyes

I'll have whatever you're smoking

Eventually with the buyback system, theoretically if it goes on long enough we could see ICN at well over $10,000 per coin. That is the devs master plan. Whoever sellls now has not done their research. What I love aboit Iconomi is that if you were following this coin from the beginning there is lots of info many later investors will not pick up on, thus causing ICN to be one of the most successful crypto projects ever in terms of price rise.
Oh and not to mention they have a working product already pulling in revenue far higher than any others. They have customers and minimimum 20% of the profits are being used to buy amd destroy coins from the total supply. Its incredible and its still early days

10000$ it's a crazy price with no math behind it

if they get to burn 10.000.000 tokens in the next 3 years
and with a capital as big as bitcoin we can speak of something over 500$ per token
and this is an optimistic scenario considering the situation, not the product.
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