@Jani, and the rest of the ICONOMI team:
Congratulations on a job well done getting us to the launch pad. Now, to use a traditional astronaut phrase, "Let's light this candle!"
Hey, can you please do a Google spreadsheet showing the "genesis block" to show how much ICN went into each of the 3508 user accounts? Distribution statistics are important to see and consider...
Thx for nice words! Sure. Here is genesis block spreadsheet for 85m ICN tokens. https://docs.google.com/spreadsheets/d/1FztYXiSJy5Ps2xc2nF4D8SHmVEimeFpAzeCfXkptQ00/edit?usp=sharingThanks, EXTREMELY interesting data.... Out of 3508 ICO investors, 25% of all available ICN worth $3.10M total is held by 12 people Out of 3508 ICO investors, 50% of all available ICN worth $6.20M total is held by 68 people Out of 3508 ICO investors, 75% of all available ICN worth $9.30M total is held by 582 people
Out of 3508 ICO investors, 2926 are splitting only 10% of all available ICN worth $1.25M among themselves.This looks to me like the majority of the ICN is being held by deep pocket people as a long term investment. I predict a relatively small proportion of total ICN is going to be on the exchanges. A shortage on the exchanges should mean a higher price. To da moon for ICN! I still think you will have few dips - @5x, 10x for sure. Good opportunity to scoop some more tokens
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What's the current ICO price for ICN in US dollars?
10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say Your calculation is wrong. You're supposed to divide by 85m, not 100m you forgot that we investors were paying for that 15m free ICN so 85m for 10.5m$ + 15m for 0$ gives you average price of 0.01$ for 1 ICN If you can trade free ICN and payed ICN separately then you are right 15% reserved ICNs are not FREE. Look at it more like a penalty - if you entered the ICO in the first week, you paid 0% penalty. 2nd week - 5% penalty, 3th week - 10% and after that 15% penalty The "penalty" represents a certain share of the tokens (from each investor) to be distributed as described in the ICO page - dev, legal, team and the inevitable bountyhores This is another point of view, an interesting point of view. let's say it sounds like : a half glass of water is not half full it'is half empty. this is not ANOTHER point of view, but the only logical point of view. Iconomi team (basically Cashila) are solid, strong team that understand the market. I believe that is the reason there was no "power hour" or 50% 1st day bonus kinda shit, like in other ICOs is because they really did their homework and are here to stay, and not another pump'n dump project My g/f is already jealous of Iconomi and Jani - I keep talking about that 24/7
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Has the team considered using the counterparty (XCP) platform?
you mean instead of ethereum? I was wondering the same
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Two months with ICONOMI — golden ticket to lifeFrom the very beginning I have supported ICONOMI! I worked hard every day and night to describe what is unique about this project to my local community and learned about it more and more every day by myself. I translated 13 articles from ICONOMI blog, tons of messages and all that to support the idea and provide a better information to Russian speaking investors. They usually sent me tons of questions and I readdressed them to Jani. For nearly two months from the start I’ve had hundreds messages from Jani and Sladana that were fulfilled with tons of answers. Also I tried to spread information by my Medium blog, Twitter and on Russian cryptorelated big forum: forum.bits . I like the vision of ICONOMI team and I support their ideas. They are the first who will lead us in better life in crypto world and will connect old economy with the new one.All that hard work is bringing results! I’m really glad to be one of those who founded “Russian ICONOMI community”. And I’m really happy to see such big bounty on my account. This is like a golden ticket to life! I believe you all have the question: Will I dump my tokens? The answer is: NO. I won’t dump any of my ICN tokens. I think that ICONOMI will have a great future and I also prefer to receive dividends than to sell them right away I am from a really poor country. To earn such amount of money here I would need to spend nearly 15 years on my last job . And that is without any costs on life. I want to say to all of you guys: ICONOMI provides opportunity for all! It doesn’t depend which ethnicity, gender, religion, or country you are from. All depends on yourself! Now I really feel what Jani said in the interview: “ ICOs are unleashing the whole world’s creativity. You don’t need to live in San Francisco anymore and investors are no longer asking your age and nationality.” Thanks to ICONOMI for providing such a great chance for improving my life! Iam happy for you, and think you deserve it. I can read russian and looked at your activity - don't let any of those jealous morons tell you otherwise. Jani did a very good decision with it Personal advice - keep them tight for 1-2 years and you are good to go
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What's the current ICO price for ICN in US dollars?
10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say Your calculation is wrong. You're supposed to divide by 85m, not 100m you forgot that we investors were paying for that 15m free ICN so 85m for 10.5m$ + 15m for 0$ gives you average price of 0.01$ for 1 ICN If you can trade free ICN and payed ICN separately then you are right 15% reserved ICNs are not FREE. Look at it more like a penalty - if you entered the ICO in the first week, you paid 0% penalty. 2nd week - 5% penalty, 3th week - 10% and after that 15% penalty The "penalty" represents a certain share of the tokens (from each investor) to be distributed as described in the ICO page - dev, legal, team and the inevitable bountyhores
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Am I the only one satisfied with 2x-4x ICO price in first week?
x4 is for weak hands
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steem weight goes down - this is GOOD for the index. I wish there would be a way not to include it in the index
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Here's a thought:
Okay, assuming some catastrophic economic meltdown happens with the debt-based Fiats, we all know that crypto's will be a huge thing. About the time fiats go sliding down fast, the value of crypto's begin to skyrocket against USD, EUR, and even CNY. There are many reasons why even gold backed fiat including BRICS nations will slide against cryptos at one time... Given that, The world will take a serious look at public blockchain wealth distribution, and start fueling the REAL frenzy; phase 2, global adoption. Corporation and banking blockchain alliances have already formed. They know they are in trouble, and in a rush to even understand and implement the technology, forming private chains. They don't want open public ledger because they can't create $ from thin air! (like they do when giving home loans in usa) PoW, PoS... the main part being "Proof of", which in their books is a loan you owe them back with interest when they never had the $ in the first place. They can't milk you for tx fees, overdrafts, or deny you funds, or delay transfers for days letting clearing houses get a cut. They lose control, period. It scares the piss out of them, which is why alliances have formed to use the tech to at least lower costs internally between banks, again middleman screwed. Even the major clearing house itself (CHIPS) is looking at the possibility of harnessing btc to speed up legacy systems. None of this is going to save then when the value of the fiat they create is worthless. WallStreet will be scrambling for shelter... Gold sure, but being that blockchain is just ramping up, we stand a very good chance of a HUGE influx of money whenever global fiat economies begin to crumble. Then crypto-investing will become a popular thing. It's still new. Were not even at 1% global usage yet. Big things are coming. There are endless blockchain apps to develop. This is the first day of the rest of your life... The good part. You are about to make a shitload of money. All you have to do is hold on, it will be a bumpy, wild ride. Personal advice: Never convert 100% to fiat, it may bite you in the ass. Good luck all!
Like it was said - dumpers will sell - it is in their nature. I personally don't care. 100% agree that if you hold it for ~2 years it will be worth more than a shitload of money. Few thoughts on what you wrote: Banks issuing their own private blockchain will help them (low internal infrastructure costs), and not the customers. Behind "Banks" there are people from old world that care for themselves only. They won't change, and thus we will replace the technology first and then we will replace them. It will take ~10-15 years. Private blockchain between few banks - well, not sure it can succeed. The main problem is what will be the consensus of that blockchain - all banks have different interests, and a trust issues. It just misses the all power behind the technology. Everything else - I think you are correct. People will realize that they were fcked by banks, fin institutes and states and will start glimpsing at cryptos, BTC, and public blockchain-based solutions. We know that all it takes is a glimpse. Combine that with good, reliable, and easy to use platform for investments that generates way, way more profit than the old shitty industry,.. that is when big money comes in and price goes up from 5x to 10x and then keeps doubling itself every few months. If ethereum was up to 20$ while still in beta, I don't see why we won't hit x100-150 in few years so yes - hold your tokens tight and prepare for some bumps on the way to early retirement. I haven't seen anything remotely close to Iconomi since bitcoin. I am talking about the idea, the timing, value proposition, time to market, and MOST important - the team A big A+ and a hug - THANK YOU ICONOMI TEAM
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who ready for moon here $60m market cap in first two days it hits polo. $60m marketcap is a little too conservative for this coin and the team behind it. $300m to $500m marketcap is more like it. yeah, this is cool - you made my day there's no product, just nothing except ICO funds and you really think market is gonna pay x30-x50 within first 2 days ? what's the value behind $500M market cap? Id say for that at least 6 months ... but who knows hehe 10 bucks doesn't sound unreasonable, in which case I'd make a cool mil Mr.P, guess not much sleep days ahead of us 10$ is very much reasonable after 6-12 months of operational platform. It can go to 20$ in less than 2 years. The only thing than can fuck things up is hacking the platform. Besides that - we should be retired in 2-3 years
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So if I keep my ICN on the platform, will I be able to move them from the platform and send them to an exchange as soon as they list ICN?
Anyone? you should be able, after ICN will be listed on exchanges. I wouldn't be in a hurry to sell ICN tokens so fast - you will regret in few months
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My iconomi account(not the ico one), is suspended. Any one have the same problem?
the account was empty of course.
How much money did you lose? I didn't loose a single satoshi. The ico account was never banned, only the iconomi one was. I'm warried because one of their dev has told me today that someone is registering with my identity, these are his words on slak: jaka [4:22 PM] @videodrome I checked with our legal department. Your account was blocked, as we were unable to verify authenticy of your ID documents. Until we hear back from authorities I cannot help you further. jaka [4:23 PM] sorry, but I was told that the same document/photo was already received a number of times, each time with a different name. jaka [5:43 PM] look - if you are a real person, give me some time, i'll connect you with our legal guy, he will help you with details so that you can go to the police. I think we already started process with authorities on our side as well. BUT we are 24 h away from ICO genesis, so things are a bit hectic... lots of work. And they also ban me from telegram with this words: "they disappear when they invite them on skype" so unprofessional please remove these guys from assistance. remove these guys from assistance. hmpf... 2 things: 1. Jani is the co-founder. How do you suggest removing him? 2. Calling Jani unprofessional makes you look silly and this all discussion somehow pointless. It also increases the chances that you are a little bounty crybaby. I will give it a try anyway: He banned you from telegram group because that is not the place to complain about that. As you said - you already got answer on slack channel, including that you WILL BE CONTACTED by the legal guy. Why do you need to keep trolling about that?
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I have Jaxx and I think its one of the best cold storage wallets. Will be good it accepting ICONOMI. But a thing is missing for Jaxx: GitHub account/repo. People please say to me: is Jaxx and MyEtherWallet.com trustable? [/quote]
What is so cold storage about Jaxx? I don't use it, but it seems as any other online HD wallet. No?
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Well, now some people loose money in IOU and now they will come here to FUD ICONOMI.
Just wait and see. And this same guys dont understand about IOU have nothing with the real ICN tokens
IOU is compete crap cuz it does not represent any real value/speculation of the market Add to that that you basically have thin air and a promise from few guys that they will deliver you real tokens when they will be distributed. In my native language we have a say: Suckers don't die, they are just being replaced
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Okay tomorrow will be the distribution of the tokens/bounties to there ETH Wallet.
My question is what website I can trade my ICN to BTC? Polo & Bitrex or what? And when will be available?
I guess by trade you mean sell them immediately.. It starts on Gox in few hours, you better hurry up and register there
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Hi @Iconomi team
few questions regarding platform security:
1. Did you have external expert/company auditing the platform from security point of view? Have any penetration tests been made?
2. Who is the company CSO?
3. Will ICN tokens be held in an offline storage, just like the funds? That is for people who choose to keep their tokens on the platform. Will it be multisig as well?
4. Do you plan on any type of funds insurance?
I think clarifying the above questions will make non technical and non crypto investors much more confidant. It will also help attract new investors
thanks a lot, you are doing AMAZING job. Keep up with setting new standards for all other projects outthere
PS' and may all bounty crybabies won't break your spirit
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First of all, it's only you (and your multiple accounts like playerbtc) in this whole thread who is bit*hing about everything. What exactly is your problem? You said Iconomi didn't tell their investors about the verification part, I proved you wrong. You didn't get the bounty? Complain on the form. Do you really think you'll get any bounty now? I am sick of guys like you. I come here to see updates and only see "my bounty" "his bounty" "no bounty". OMFG (F = Friendly), why don't you keep your bullsh*t to that new thread you created? And the Twitter posts... $5 can get 100s of such tweets so that won't do anything. I come here to see updates and only see "my bounty" "his bounty" "no bountyYou are not the only one.. Bounty cry babies will shut up as soonas they dump their tokens on the market - and will cry later on again for not keeping them Untill then - try telegram channel or reddit. I do believe we will be over with those babies within 2 weeks
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I'm so relieved and happy right now I almost picked up the phone to send a team of Nordic & Swedish hookers over to HQ; but suddenly realized there's ladies there, and I hate Chip-n-Dales so a big THANK_YOU will have to suffice. (plus we want launch on time ) hehe what do you mean "relieved"? that's why "and happy right now"? Are you sure you haven't picked that phone, after all, MR. P?
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Time for a tim to give us some news,it's been quite for few days accept bounties Anyone expecting icn hit bitrex in first place? time for 5thangel to start reading posts before posting like a noob
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About 40% of my investment was made with Ether.
The delay in issuance is now causing my projected ICN share to drop quite a bit.
The "dollar value" of investments should be calculated as of the close of the ICO, or as of the promised issuance date. There's no reason why my ICN share should continue to fluctuate, now 10 days after ICO close, based on market price of Ether.
I assumed, at worst, 10 days of risk on Ether price for ICO. I did not agree to some interminable amount of risk.
Posted From bitcointalk.org Android App
Final calculations of all currencies (fiat and crypto) were posted a month ago: https://medium.com/iconominet/token-share-calculation-affd1c96c482#.wa2gylyo5So the Last 72hr of ICO ? If I am correct, ICO is already closed, so the price will not be based on the 9th 10th 11th Oct ? Yepp. Last 72 hours of ICO
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