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An updated whitepaper would solve all of this. Can we agree on that?
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Dap you know we love you  |
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What if....Iconomi the company buys ALL of the ICN off of Kraken and will not allow other exchanges to list the coin for this reason.
The reason for this is to attempt to own a majority share of the company before they de-list the coin on Kraken and turn ICN into actual shares
of the company. This was one of my possibility speculations. That way we base the value of ICN on the performance/profits of the company. If they
advertised this scenario to the ICN holders...then the listing ICN prices would be ridiculously high based on the knowledge of an imminent once and
for all buy-back. If ICN was to be made a utility token then buybacks would hurt the company and cause a scaling issue. The only way buybacks will
work is if ICN becomes a private share and eventually a public share of the company which would increase the company's value. Sorry for the sloppy
typing, I have to take a leak really bad. Thoughts?
I think your end scenario is the most favourable for anyone who holds onto their ICN, and it's one that I'd find the most impressive. Although, if ICN moved to the stock market, things might get a bit more complicated for smaller investors. As they've already mentioned making ICN a usage token, it seems unlikely that this will happen. And Iconomi believes in a "tokenised economy", so it would conflict with that message. True...but as you evolve you may have to shed some skin. They may have to do what they have to do. |
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ICN does not represent the underlying assets hence the creation of ICNX.
ICN cannot represent ownership of the platform because the platform no longer pays dividends.
Buying back ICN does nothing as of now because ICN does not have a clear value. Decrease the tokens to increase the value of what? Not dividends.
ICN can be used to participate in the ICNP performance fund but to my knowledge you had to have been an ICO participant. ICNP is invite only (Correct
me if I'm wrong).
ICN can't represent gas for the platform if buybacks are in place or you would have scaling issues. (Running out of gas due to increased demand)
The only way I see ICN having true value for ICN holders is to go back to the original plan minus the dividend payout and get listed on a stock
exchange.
Just throwing out some thoughts. Please feel free to chime in, agree, or disagree. I'm always willing to learn from your comments.
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Someone asked what the price of ICN was going to be so let me give you an idea.
The ICNP is currently valued at $27.5 million. That equates to $5.5 million in buybacks if Iconomi just breaks even on all investments made.
Let me spell it out for you. There aren't $5.5 million worth of ICN on exchanges to buy right now.
Mendeleev and any other concern troll who tries to tell you that an asset whose demand will soon outstrip supply doesn't have a value can get fucked.
What if....Iconomi the company buys ALL of the ICN off of Kraken and will not allow other exchanges to list the coin for this reason. The reason for this is to attempt to own a majority share of the company before they de-list the coin on Kraken and turn ICN into actual shares of the company. This was one of my possibility speculations. That way we base the value of ICN on the performance/profits of the company. If they advertised this scenario to the ICN holders...then the listing ICN prices would be ridiculously high based on the knowledge of an imminent once and for all buy-back. If ICN was to be made a utility token then buybacks would hurt the company and cause a scaling issue. The only way buybacks will work is if ICN becomes a private share and eventually a public share of the company which would increase the company's value. Sorry for the sloppy typing, I have to take a leak really bad. Thoughts? |
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The end of Q2 will reveal a lot.
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Hmmm...should FUDing have 2 D's?  |
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Dude really? How the hell are you a securities lawyer but you have a small amount invested for speculation purposes?
You just contradicted everything that you supposedly warned us about. I'm not hating on your opinion but you are clearly FUDing.
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Damn I'm glad I held. I've learned my lessons about trading based on emotion back in my noob days. You gotta have balls if you wanna get paid.  |
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Dear Supporters and Entrepreneurs,
Cofound.it's crowdsale is all about developing the best process for future projects. We have developed incentives for exceptional startups and great projects and worked on delivering extra value to large investors. But it is the engaged project supporters who are at the core of the Cofound.it ecosystem. We knew that a new instrument was needed for the crowdsale process.
We had intensive discussions about this with the team and advisors and received amazing suggestions from our community. We're excited to introduce Cofound.it Priority Pass - a great way to reward engaged supporters.
It is not unusual for good projects to reach their sale limits fast. That is why Cofound.it Priority Pass will grant engaged supporters early access to the crowdsale. They will be able to take part several days before the public launch, placing them at the front of the queue. If you are reading this email, this includes you!
Cofound.it Priority Pass will also be available to all ICONOMI investors and experts interested in joining our network. We’ll publish more details soon.
We believe that this and future benefits will help build a strong community of project supporters. It will also give projects easier access to funds - a feature exclusively available to projects launching on the Cofound.it platform.
Implementing Cofound.it Priority Pass requires some changes to our crowdsale infrastructure. We’re pushing the crowdsale date back two weeks, to 7th June, starting at 5 PM CET / 11 AM EST. This new schedule means that we will be able to launch the first Cofound.it projects before that. We know their quality will best showcase the future of Cofound.it.
The Cofound.it project page is now also available in Chinese, and you can help us find the best spots for future Cofound.it Hubs (and get a chance to earn 10 ETH while doing it!). We will also host a live Q&A via YouTube Live, to be held on May 24th at 4PM CET. You can send in your questions ahead of time here. And you are of course always welcome to come chat with us on our Slack.
Thanks
Did anyone else too get this email? It's a good news for all Iconomi investors that we'll get beta access on Cofound.it . probably many will get beta access on cofounder before beta access on Iconomi I'm in just for the Priority Pass. That's a game changer. |
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We wish to remind all EthBuy users to withdraw/transfer their remaining account balances by 31 May 2017! As stated in our email announcement of 7 March 2017 we are preparing for the public launch of the ICONOMI Digital Assets Management platform and we have commenced the migration of the ethbuy.iconomi.net trading platform to the new ICONOMI platform. Users who currently hold assets (EUR or ETH) on the ethbuy trading platform (ethbuy.iconomi.net) are still able to: • Buy, sell and withdraw ETH and • Withdraw EUR to any bank account within the SEPA area. PLEASE NOTE: Withdrawals of EUR and ETH will be possible until 31 May 2017. We have made it convenient for you to access your account and withdraw your funds here. After 31 May 2017 users with remaining EUR balances will be able to withdraw their funds through Customer support only! All the remaining ETH balances and user accounts with ETH balances after this date will be migrated to the new ICONOMI platform. If you have any questions or concerns in response to this email, please contact ICONOMI support at support@iconomi.net. The ICONOMI Team Man Smoke...we r soooo close to launch. I damn near feel like it will launch within the next few weeks. Maybe sooner. |
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I was all excited and stuff when I read the title (I am an old miner) and then realized it's a pre-sale token  Don't worry, if you do not get a chance to become part of pre-sale on May 19th, you can always participate in the ICO just 2 weeks later  WTT Token Offering: START June 2, 2017 at 12:00 PM PDT END July 31, 2017 12:00 PM PDT Pre-sale May 19th? Is there a link for this buy op? Thanks. |
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Mal...congrats man. Great fucking news.  |
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Congrats to all new Millionaires. Way to Hold. I know someone is full of regret for selling too soon. No more cheap ICN.
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I heard about Bitcoin when it was $160. Bought Bitcoins at $400. Told the people in my world at $700 (One guy bought coins). Told friends again at $1200. Now it's going to be at least $2000 soon. It's all about cold storage for me now. It's getting to Moonish for me to sell or trade Bitcoin directly.
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It's funny. I try to educate friends of mine about why they should invest in Crypto and they laugh, and they doubt, and....they lose.
They wont listen until it's too late. By that time I'll be rich already. It's a shame.
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Interesting. According to their General Terms and Conditions since they migrated your account to iconomi.net, United States residence aren't allow to use the website or the platform, so if you login to withdraw your ICN you're breaking their T&C. “Website” shall mean www.iconomi.net. 8. ELIGIBILITY 8.1 The Platform, the Website and DAAs are not offered for use to natural and legal persons, having their habitual residence or their seat of incorporation in the following countries: i) the United States of America, i) Saint Vincent and the Grenadines (“Restricted Areas”). https://www.iconomi.net/terms-of-useI referred to this as the shit that was stepped in. There were a lot of US investors. The team has to find a way to include those investors. I noticed that Token Card went as far as creating a checklist just to let the States know that they were not allowed to invest. They learned from Iconomi's mistake. |
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I meant the end of Q2. I'm not afraid to admit I'm wrong if that's the case...and yes...as far as I'm concerned we are all here to get rich.
I'm proud of the fact that someone else is not a sheep and looks at things from an action stand point. I'm looking at the choices that are being made
and asking myself why. Always ask why. And yes...my quote game sucks but you get the point.
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Sorry if I missed it, but can someone paste the e-mail that got sent to initial investors?
I sadly wasn't one of them. So do all ICO investors now have beta access? Is it known when later investors will get access, or won't this be till the official release of the platform?
www.iconomi.net |
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What's this I hear about cofound.it buying out Cashila with 20% of their tokens?
Do we still believe this venture was a brand new idea, and Yan & Dan just wanted to go their own way? (Despite Tim registering the domain in October, of course)
20% is a pretty big share in cofound.it. Even bigger than the >13% the team have in Iconomi (which also holds an additional 10% of cofound.it)
The plot thickens!
Just saw the cofoundit post and I see where you got your info. My question is, who gets these 20% that is the payment for Cashilla? Jani and Tim? Iconomi? I doubt that it will go to Iconomi... Iconomi already have 10%. I suspect Tim and Jani. So the team would control at least 21.3% of Cofound.it. This amount will increase as ICN is burned (unless they burn their own) As ICN holders don't seem to have any control of anything, I'd argue that the team will now control 30% of cofound.it tokens. That's a pretty big slice of the pie. (Unless they buy their own)..... Reading between the lines huh...that's one piece of the possibility puzzle. A major piece. Like I said...I'll lay it out in Q2 what my thoughts were whether I was right or wrong. It's like a game of chess...and I'm so good at chess. The Iconomi team is smart. Do what you do team to succeed but don't get sloppy. Hide your moves. You can't be so silent but predictable at the same time. Iconomi just may make us all rich one day...just don't fuck it up with a weak move. Good job guys...and congrats on Cashila and Cofound.it you greedy sponges. Lock it all down. You have to have big balls...and this team has some big ones. I'm glad I invested. |
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