Zcash fell quick from top 5 volumes on Poloniex. So much BTC on Poloniex right now after last week's Alts sell-off. Perfect storm is brewing for ICONOMI to go above 0.00100  zcash is gonna be one of the 2 biggest flops that crypto had ever seen |
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The situation at Kraken screams FULL HODL to me.
Cruurently at Kraken, it would only take the purchase of 1M ICN for 430BTC = $280K (1 / 40 of ICO expenditures) to put the price of the other 99M ICN at 0.0008, which would be 4X the ICO price.
My quote above was from yesterday. The situation has since changed for the better. The "1M ICN / 430 BTC / $280K to reach 4X ICO price" is now "766K ICN / 283 BTC / $193K to reach 4X ICO price". Investors are buying up ICN at ICO prices, and they are doing it so slowly and quietly that nobody is even noticing that it is happening. The purchase of only 0.75% of all ICN right now would put ICN at 4X ICO price! This token price is on a hair-trigger. If you want to accumulate, you buy S..L..O..W..L..Y. You people that are used to the roller coaster swings at Polo have no idea of the different kind of exchange users you are dealing with on Kraken.  The number of BTC in sales required to get to a 4X multiplier on the original ICN continues to decline....  Just wait til we hit Polo. You seem like a very smart and reasonable man. Why would you want to sell as low as 4x?  |
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ICN price will up very soon on kraKEN.. people are now buying ICN  Rally is coming.  Thats great.. I believe ICN will be Up again to the moon  how on earth do you read those stats on kraken. it's a pain in the ass  The entire process from the moment you login until you place buy order on Kraken reminds me of something obsolete like the teletext.. Maybe it's me, maybe it is not designed for a super-trader, but they really need to do something about their UI/UX And if you need to look at the price charts from a mobile device, it gets 100 times worse. Come on, Kraken is not that bad... Their order system may not be as easy as poloniex or bittrex, but their systems are robust and it is one of the most trustworthy exchanges out there. They also charge very low fees, which is also a major plus for me, especially when I want to move euros out of the exchange. That doesn't oppose what I said - they have a very good reputation and back-end, but the front-end implementation is poor, not to say sucks. |
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Go request from Poloniex to add ICN !
Why don't you stop with that BS already? |
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ICN price will up very soon on kraKEN.. people are now buying ICN Rally is coming. Thats great.. I believe ICN will be Up again to the moon how on earth do you read those stats on kraken. it's a pain in the ass The entire process from the moment you login until you place buy order on Kraken reminds me of something obsolete like the teletext.. Maybe it's me, maybe it is not designed for a super-trader, but they really need to do something about their UI/UX And if you need to look at the price charts from a mobile device, it gets 100 times worse. Just open two screens and switch no problem otherwise you are right..... I did just that. I still think that a SF-based major exchange can and should do better than that |
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ICN price will up very soon on kraKEN.. people are now buying ICN Rally is coming. Thats great.. I believe ICN will be Up again to the moon how on earth do you read those stats on kraken. it's a pain in the ass The entire process from the moment you login until you place buy order on Kraken reminds me of something obsolete like the teletext.. Maybe it's me, maybe it is not designed for a super-trader, but they really need to do something about their UI/UX And if you need to look at the price charts from a mobile device, it gets 100 times worse. |
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I don't know about you guys, but I Love my big bag of ICN now and fuck those trolls  I hate my bag. Too small  but better than nothing haha +15% to my portfolio thank you all weak hands  |
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Rule number 1 in crypto, never let emotions dictate your decisions. Do your research about the coin or token, and then put a padlock on your nutsack.
Anyone that understands crypto will know the way ICN has withheld its position and the idea behind the token will realize this is uncharted territory and will be hugely successful if done right. The names and entities involved in this project are not your average joes. Anyone that falls for the FUD will definitely regret it. by the end of the year you will see a $3 token and think WTF happened. The key point is this is a platform that will bring "NEW2 fiat into play and thats whats needed in the crypto world. Don't forget you own a share of the company.
Good luck guys!!!
I think most cry-babies posts are from kids ~18 y/o that have little to no understanding about investments, day trading and are lacking the general ability to think mid to long term. |
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What criteria are being used to determine "immediate rebalancing"? Since the index fund doesn't trade yet, it is ok to do this kinds of actions, but rebalancing without warning is a strict no-no once the actual index launches. Otherwise people will quickly lose trust in the index. I hope the ICONOMI team realizes this. The market should always get a heads up on when and how rebalancing takes place. Look up how stocks get added to S&P500 as a reference. Wow man keep calm and just read this blog https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-27-october-2016-triggered-rebalancing-fa561d5ba298and this https://icnx.iconomi.netRebalancing
Index rebalancing is performed at each end of month or more regularly if ICONOMI deems it necessary. Between rebalancing periods, index constituents’ weights move proportionally to their price movements. If the weight of a specific currency surpasses 20%, the index is rebalanced immediately. ICONOMI appoints a committee that determines the composition of the index at each rebalancing. The committee members propose the addition of new members to the index as well as their weightings and the potential removal of certain members. The final decision is taken with a vote. Additions and deletions of new or old members to the index will be explained to the public as they occur. Hahaha, no way in hell would I want "the market" to know wtf our next play is, that would be a very bad idea omfg. The key to making a profit hinges on making moves before others do, not after. lol Do you think Berkshire & Hathaway tells investors their plays before they happen? They're not on top from sharing their plans, that much is certain. imho our index is already too transparent. At the very least the bot algo should be kept top tippy top secret. With that said, there is definitely a large amount of trust involved with securities investing. I use the word investing, because one doesn't normally trade securities, the "trading" is done on your behalf. You are trusting the fund managers to actively manage the assets in such a way it makes a profit. If you don't trust them, don't invest. I invested for several reasons, and will continue to invest for the same reasons. 1. ICONOMI launched with a proven successful track record and framework established in Cashila, and payment portals already in place. 2. ICONOMI will be paying dividends to shareholders. 3. ICONOMI will be issuing debit cards that connect you to your managed assets(100% new in the industry) 4. The team is larger and has more track-able credentials than any prior ico I've ever seen. 5. The team came highly recommended by people I trust. #1 being Max Kordek. 6. HQ has answered every single email I've sent. (dozens) 7. ICONOMI have done other "firsts" in ico's like buying bounty tokens and tracking spammers. 8. There is no complicated blockchain software to develop. 9. They have an already obviously operative OFM Platform ready to beta test, yet have over 7m usd in funds to develop it. 10. The ICNP is pre-funded with about 5m usd worth of BTC 11. If you can't see the Unicorn shitting rainbows across the sky for ICN by now, you should just go to Kraken and sell me your tokens. Here Here 12. They made several good decisions, including delaying launch until Ethereum network fork was done and the network stabilized, they dealt with Liqui in a firm and appropriate way, they dealt with bounty obsessed people with tact and lastly their team formation is highly organised in term of responsibility and investor care. 13. The timing for a platform like that is impeccable. Blockchain based projects are gonna be the next big thing in 2017. I believe OFM will be ready just in time for that |
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The first scamcoin shitcoin that kraken added on its exchange , awesome.
I guess kraken loves ethereum's token.
that's right and people like it and will keep it for good. just like how wavesters patiently waits for the fukllnodes, i guess the rest of the ICN investors will also wait for the ICONOMI.index and ICONOMI.performance. it's a shitcoin dude, we will never use it... 99% of the people are here only to make a good profit 3x 4x (btc). So yo are the the one that represents 99%.. was looking for you for quite a while Where have you been during occupy wall street? |
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I still don't really understand how this coin works. Like lets say you buy the coin how do you then invest in the investment funds, are those additional coins or tokens ? Can someone explain and if they are will they be compatible with the wallet or do they need to be stored elsewhere or are they just doing a sort of IOU type thing with the investment index funds?
as what I've understood. ICONOMI is a platform where coins/currencies are being traded as well. ICNX and ICNP can be used for trading where it could amplify your earnings and at the same time your loss as well. Good question.. I posted it on reddit ( https://www.reddit.com/r/ICONOMI/comments/5a4ys7/question_from_brob12321_bitcointalk/) And I answered on reddit - why don't you guys start by reading FAQs, then white papers, and then ask questions. It can be a really good idea try it |
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Edit: Just got a respond from Jani on reddit: "Most likely with the launch of ICONOMI.index and ICONOMI.performance funds or right after. ICONOMI.index and ICONOMI.performance is our no.1 priority right now and we're on a really really short deadlines at the moment - we need to, and we will launch before year ends." |
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why would any one hold funds in an address that they don't hold the private keys for?? for me it works like that: Holding your own priv keys comes with certain amount of knowledge, responsibility, and RISK - that is the main trade off with trusting someone else (Iconomi). If I wouldn't trust them, I wouldn't invest. I personally don't like the risk of loosing/maintaining keystore backups and strong unique passwords that if forgotten lock you out for good. I don't like the idea that ether wallet doesn't have 2FA. And I don't like thinking about all that when I am long on Iconomi. I'd prefer to have a "vault" option and that is exactly what Iconomi provides - an offline, vault-like storage service. If funds will be stolen/hacked from Iconomi, your tokens will be worthless anyway, whether you have control over the priv key or not. |
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I hold a majority of my tokens on the iconomi site (since I never transferred them out). Since ICN has gone live, i have purchased more tokens on kraken. I kind of wish Iconomi's interface let you deposit ICN back to their site. Would be awesome if they allowed that.......HINT, HINT, HINT.
same request here: https://www.reddit.com/r/ICONOMI/comments/59vklj/receive_address_deposits_at_iconomi_platform/I wish it could be done sooner than later. Edit: Just got a respond from Jani on reddit: "Most likely with the launch of ICONOMI.index and ICONOMI.performance funds or right after. ICONOMI.index and ICONOMI.performance is our no.1 priority right now and we're on a really really short deadlines at the moment - we need to, and we will launch before year ends." |
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I don't think other altcoins crashing that hard is neccesarily due to the inflationary nature of the coins. It is more because of self fulfilling prophecies where people are overselling because they think the coins can't rise in value together with bitcoin.
The prices will correct, expect a lot of green in the next days. Good time to buy most alts now, unless bitcoin shoots higher even more.
looks like bitcoin won't stop before $750 |
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so I just opened a kraken account and went through level 1 verification... took about 1 hour, but I'm now able to buy ICN for bitcoin. it's okay I guess for the time being
That was fast ...some people waiting weeks to get verified level one yeah but honestly, trading is a pain in the ass. it's super complicated and unlike any other user friendly exchange I used so far... I didn't know they are so over regulated. Sad |
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On Kraken there is only 35.000 in volume left below the ICO price. Everything else is higher in price
I suggest we all should wait till bitcoin price stop raising.Investors are investing their money in bitcoin as they expect more price rise and therefore don't want to put their money anywhere else.ICN is a long term investment.Next year March will be ICN's month and it will be in huge demand with price $10-$15 Why March? I guess March is the estimated time for OFM to go live |
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Cashila as payment processor at Decent ICO: http://imgur.com/a/gPNOpNot to FUD or anything, but just a glimpse at Decent platform implementation so far and comparing it to Iconomi.. Donno.. |
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how about price, when update? You expect Iconomi team to publish official post about price prediction? No, you can't be that dumb. |
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