I like that woman, can she marry me if I hold 1 million iconomi?  Haha, just kidding. I can't wait for coin distribution. Have you contacted poloniex the best team?  Please no such jokes. How can we get more ladies into crypto with such comments? We're not commenting anything regarding exchanges. @Iconomi - can you comment on the total amount of people you have hired? What is the number of people being paid, and how long, approximately, you think it will take for the team to "burn" the funds? I am not complaining, just would like to know how long before the platform will have to be profitable enough in order to pay for its own dev and maintenance. I am 100& aware that A and A+ devs and employees in general cost pretty much the same around the globe |
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Has no one ever heard of the Dow Jones, Nasdaq, S&P 500, they are all indexes. It's for people who just want to invest in a broad range of the top assets that make the index, not for individual company speculation. For the index to go up, the things that compromise the index must go up. If they go down, the index goes down; they aren't on opposite sides of the scale, they are on the same side.
They are all indexes that track companies. Buying more shares on that index will not affect or influence the price of the companies stock, where with ICNX it may happen. ICN is another cryptocurrency that is traded on the same market as the "companies" it tracks. Or that can't happen? Dont know, I am just thinking out loud |
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Hi all
I posted this question on telegram group, but got no reply, so I will try here as well.
I thought about that paradox in regards to the index, your thoughts are highly appreciated:
Index goes up, it gets more attractive to investors and they start to buy-in. Since the index is within the same domain as the entities it tracks, it will may have a direct affect. Once certain coin gets dominant, ppl usually sell their other holdings in order to buy. I saw it happens with etc and monero in the last few months. When it happens all other coins move to red.
Since that one actually track those coins, it will have a direct impact on the index itself.
Is this something that can actually happen and act as sort of a mutual negative feedback (like a self balancing)?
If ICNX started to pump and its' underlying assets were dumping, then arbitrage traders would be selling ICNX and buying the underlying assets, in order to bring the prices back into equilibrium. The opposite would also happen. If a coin in the index, like Lisk, pumps up 20x in 2017, then arbitrage traders would be selling Lisk and buying ICNX, until the prices back to equilibrium. Why do you assume that traders will sell when index or coin is pumped AND be buying other asset from within the index with 100% of the profits made? They may just keep the profits and decide to re-buy just 10% of them |
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Hi all
I posted this question on telegram group, but got no reply, so I will try here as well.
I thought about that paradox in regards to the index, your thoughts are highly appreciated:
Index goes up, it gets more attractive to investors and they start to buy-in. Since the index is within the same domain as the entities it tracks, it will may have a direct affect. Once certain coin gets dominant, ppl usually sell their other holdings in order to buy. I saw it happens with etc and monero in the last few months. When it happens all other coins move to red.
Since that one actually track those coins, it will have a direct impact on the index itself.
Is this something that can actually happen and act as sort of a mutual negative feedback (like a self balancing)?
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so what is now the final price of one iconomi? how much it is worth? also does the first who bought have an edge over the last one?
I read a few pages back, they said its about 19k-21ksat though im no sure, because i invested when the bonus was still on Will be 0.002 when we hit on poloniex, we need more patience, and get rid of bounty cheaters first. 200k satoshi is very high of a price, i doubt you can see that unless you are talking about a very low volume with some random peak lol 200k is only 1000%, and this Mark can be reach. But i think this will take a little time lol 1000% is not a joke, it's 10x the current ico price, you need a serious wave of money to do this, unless there are big whales here it will not happen It can hit the 10x (and more) easily when the following will be done: 1. The platform will be operational 2. The funds will show profit, especially above the average profit in similar fiat based funds. ~10% annual, in my opinion 3. Dividends to ICN holders 4. Road map milestones will be met, and the team will remain in touch with its community In my opinion - sometimes around Q2 2017 In that case will be 50x-100x. Only 100m tokens, no more man no coin in this world, ever reached 100x, you are dreaming too much, the best that i've seen was x10 with aurora and blackcoin, where people were becoming rich instantly, so 50-100 is only a dream sadly i think you are the one who dreaming..or drunk..sadly that words came from 'hero member'  black coin from around 300 sat to around 93k sat monero as well. Bitcoin and what about companies that went 100X and more? This thing here represents real value and deals with real funds, and not some idea that may or may not work some day. How many are really using monero or any other coin for their real needs today? |
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Quick update on the weekend and a week after ICONOMI ICO. What we are up to this week? We moved into a new office already with enough space to accommodate all of us. Working conditions: checked. Work actually started even before ICO ended - one of the things to back up this claim is to check ICNX - ICONOMI.index at https://icnx.iconomi.netIt's already being published daily in Slovenian (where we come from) biggest business newspaper. Testing the mainstream market and exposing old economy guys to numbers that are not in red all the time. Thanks for the update. I like it. I believe ICONOMI will be huge, and I am glad to be a part of it. sLOVEnia is not that huge yet. It's not about Slovenia being huge or not. But it is perfect market to test. Small enough not to be too expensive and managable no matter what. Big enough to get good representation. Just like Visa started in Fresno, CA. Is a good read if u search for it in Wiki. Slovenia is in EU and it has borders with Italy and Austria. So it is not a bad place to start, at all. Also, one small tiny not regulated exchange (Bitstamp) is located at the same place. @Iconomi team - thanks for the update, was really good reading it. Can you post some pictures of the new office and the extended team? |
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I believe 1 ICN will be 10-15$ (yepp, a single ICN token)
But it will take 1-2 years
If dash, monero and eth made it, I really don't see a reason why not for fund management that pays weekly dividends
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so what is now the final price of one iconomi? how much it is worth? also does the first who bought have an edge over the last one?
I read a few pages back, they said its about 19k-21ksat though im no sure, because i invested when the bonus was still on Will be 0.002 when we hit on poloniex, we need more patience, and get rid of bounty cheaters first. 200k satoshi is very high of a price, i doubt you can see that unless you are talking about a very low volume with some random peak lol 200k is only 1000%, and this Mark can be reach. But i think this will take a little time lol 1000% is not a joke, it's 10x the current ico price, you need a serious wave of money to do this, unless there are big whales here it will not happen It can hit the 10x (and more) easily when the following will be done: 1. The platform will be operational 2. The funds will show profit, especially above the average profit in similar fiat based funds. ~10% annual, in my opinion 3. Dividends to ICN holders 4. Road map milestones will be met, and the team will remain in touch with its community In my opinion - sometimes around Q2 2017 In that case will be 50x-100x. Only 100m tokens, no more well, yepp. We saw it happens with other altcoins that had little to nothing new to offer. Once dividends are gonna fly into investors the traditional big fiat money will start its way towards the platform - and then we rocket |
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so what is now the final price of one iconomi? how much it is worth? also does the first who bought have an edge over the last one?
I read a few pages back, they said its about 19k-21ksat though im no sure, because i invested when the bonus was still on Will be 0.002 when we hit on poloniex, we need more patience, and get rid of bounty cheaters first. 200k satoshi is very high of a price, i doubt you can see that unless you are talking about a very low volume with some random peak lol 200k is only 1000%, and this Mark can be reach. But i think this will take a little time lol 1000% is not a joke, it's 10x the current ico price, you need a serious wave of money to do this, unless there are big whales here it will not happen It can hit the 10x (and more) easily when the following will be done: 1. The platform will be operational 2. The funds will show profit, especially above the average profit in similar fiat based funds. ~10% annual, in my opinion 3. Dividends to ICN holders 4. Road map milestones will be met, and the team will remain in touch with its community In my opinion - sometimes around Q2 2017 |
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Dev must confirmed when Token (participant of ICO) and rewards of bounties will be distributed, to prevent the member asks the same thing.
I also as a participant of Crowdsale and honestly I don't know how and when a token can be in wihdraw
So, you as as a participant don't think it is a good idea to read the whitepaper and basic announcements, some of them on the first page of that threat, before you put your money somewhere? It really astonish me how the same stupid questions are being posted over and over and over.. Sorry dude, but you are either 7 y/o or an idiot |
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Interested in hearing the answer to this as well. Mr. ICONOMI;
Being the performance.fund has a healthy 8000-approx/Bitcoin start, does that mean that ICN token holders will be immediately getting annual 20% / 56week (.00357%)of that as a portion of the collected the maintenance fee every week?
please correct me here if wrong:
8000 x .2 = 1600btc
1600btc / 100m = 000016 btc worth of ETH per token annually?
.000016 x 100k tokens earn 1.6 btc worth of ETH per annual/56week starting out? (0.02857btc/week)
That's $17.48 a week for doing nothing with my ICN... $978.00/year.... if they never made a dime trading... that's 9% annual return without even compounding or any fund profits at all
Scary part is it just gets better from there.
Yea because if its even close; then add new/launch Performance Fund participants, so if they collect 10k btc in the performance fund the numbers above would be 2.2x(18k btc instead of 8 ), etc. but if we compound those numbers, then it gets serious. Then there's still the index fund... I'm not even sure what else goes toward icn dividends but that already is adding up well. Investing into performance fund will be done through invitation only (at least at the beginning) - meaning addition money that will flow into that fund will have to come from ICN holders - either as additional buy-in or dilution of ICN tokens. At least that how I understand it. I think it will be huge success (both funds) and once the open funds platform will be launched we will see the true power of the platform. Until then it is not more than speculations/hopes/hype Keep your tokens tight and don't sell them before the platform is fully operational. The team is solid, I think they will deliver a great product (no reason to think otherwise so far). We will see some serious FIAT money flows into the platform somewhere Q2 2017, and then ROI will rocket. I seriously think that 10x is good just for short and should be liquid at most just to cover the original investment. Me personally, well I am not sure that I'm gonna even do that when we hit 10x IF it will manage tons of money in different funds (that is, if the platform will do what it was designed to do) |
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When will it hit on the exchangers?
when you stop asking the same stupid questions. Just take 1 minute to read previous posts/twitter/whie paper/facebook/telegram before asking like a 10 y/o boy |
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Also confirming that Eth wallet 0.8.4 is syncing faster than expected..
not sure it is related to the version. I am on 0.82 (Win10, 64bit) and I had problems in the last few weeks. It looks much better now and I think it is because the network was under DDOS attacks all the time will try the new 0.84 version though |
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When is the coin expected to hit the exchanges?
Sometime next year  (It was written like 100 times, so read the forum thread) I hope all those bounties dudes will get their free ICN, sell them and shut the fck about it already You know it takes equal time to read the posts or white paper and to post the same bullshit questions 10 times a day |
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Just what is the plan here that we are all going to implement in only 9 days? ...compound dividends into more ICN for some time, then.... Hookers, Blow & Lambos. But really, in all seriousness, I want to make sure I have full access to my dividends, and no monkey business; I downloaded Mist as soon as it was determined ICN was an ETH token and would be issuing dividends in ETH, it just makes sense. AND... I have too much invested to not care about the ETH ecosystem.  I'm probably the only ETH node in Hawaii Sounds a good idea.Investors be given choice to get bonus ICN instead of ETH bonus not, it does not sound a good idea. Have you even read the whitepaper, or understood what ICN token is actually? It is a share of the platform (company) and all ICN tokens were distributed during the ICO, meaning nomore ICN soup for you Dividends are paid in money and not in company shares Hope it makes it more clear now |
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Mist and other local wallet not synchronised i try.
My Mist won't sync anymore, not even the newest version. I think I'll ditch this wallet and start using MEW. try executing geth.exe --fast first I think the network still has some DDOS issues |
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So do we have to download the Ethereum block chain? I don't have enough hard drive space left.
not enough hard drive? Are you from the 90's? post BC address for donation, I am sure ppl around the globe will help you get a mighty 128GB SATA disk No mocking, chill out! well, didn't mean to. But you kinda invited it.. You had money to invest in ICO, but can't spare few GB to actually hold the tokens. Don't mean it bad. You can keep on the platform in the worse case |
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So do we have to download the Ethereum block chain? I don't have enough hard drive space left.
not enough hard drive? Are you from the 90's? post BC address for donation, I am sure ppl around the globe will help you get a mighty 128GB SATA disk |
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This was most likely asked and answered, but there si way to much to read.
So
Since Crowdfunding exceeds 10000 btc the rest will go into ICONOMI Cryptocurrencies Index.
I see i only got ICN. So we will not directly get ICNX, but ICN will have a share in ICNX?
On the excess above 10000 BTC which is roughly 7160BTC we kick start the ICNP (performance). How it will work out is relatively simple. The ICONOMI team invest in different Crypto startups (ICOs etc) with the excess 7160BTC capital. When they make a profit we get 100% of the ROI as ICN investors instead of the 20% performance fund fee. So...I understand that, in addition to ICN tokens, ICO investors will also now get weekly dividends from ICNP...but...who actually owns the first 7160 BTC worth of ICNP tokens - ICONOMI or the ICO investors? Who has the ability to send one of these initial ICNP tokens to Polo and sell it for a personal profit (and thus forgo any future dividend payments)? I think it will be calculated based on the relative amount of ICNs that each one holds - that includes the 15% ICN tokens that are distributed among dev team, escrow, advisors, etc. ICN token represent % of the profit that Iconomi platform makes, and as long as there is "platform" money to burn on operational costs (salaries, development, maintenance, etc), ALL profits will be distributed between ICN holders. The ideal scenario will be that at the time those 10,000 BC are burned (or spend if u like it), the platform will have enough traffic to sustain the operational costs and some more for weekly dividends. |
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Lot of people want money, but some people dont want work for this.
Get a job guys
They already have a job, they are professional Bounty Beggars. I only wish they received bounty chocolate bars instead of actual ICN tokens..... I wished they will receive their bounties already and shut up about. |
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