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301  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 07:30:54 PM
And everyone applauding the buyback idea let me share some of my experience with buybacks:

OBITS

They buyback and burn every month from generated revenue.

Start Nov '15: $0.14 per OBIT
March, 28 '17: $0.08 per OBIT

after 1 1/2 years of buyback & burn.

Your argument is that one buyback program failed in the past, therefore all buyback programs will fail is a weak argument. There are dozens of different variables to consider as well.
302  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 06:31:17 PM
Buybacks are a bad move compared to dividends..

Why on earth would you think so?
303  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 05:46:57 PM
Or in other words, buy now if you like making money
304  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 05:39:07 PM
This potentially frees up the regulation issue for U.S. investors. I am anxious to know if U.S. can now buy ICNX from the platform.
305  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 04:58:14 PM
Normaly, I despise FOMO posts, but in this case.. yes. put your fucking space helmets on.
306  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 04:54:13 PM
There will no longer be dividends, instead Iconomi will buy back ICN on the open market and burn them at a constant rate. If I was HODLING before, I am HODLING double now

That means at least 1000*50 = 50000$ / 0.5 (ICN price) = 100,000 coins will be burned right ?

In the second quarter, from what I understand yes. Jani just said on Slack that Q2 2017 will be the last time that 100,000,000 ICN exist. However it is unclear if dividends will still be happening or not.
307  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 04:48:21 PM
Iconomi will buy back ICN on the open market and burn them at a constant rate. If I was HODLING before, I am HODLING double now
308  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 28, 2017, 04:37:57 PM
Holy hell. This is a bomb shell. Stay tuned.
309  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 27, 2017, 09:59:32 PM
Quote
So lets say that index fund consists only of btc and eth...what would the price for 1 icnx be? I still cant wrap my head around that one

It would be whatever you set it to be. Let's say you bought your theoretical fund for $1 and BTC and ETH go up 100%. You would now have $2 worth of your fund.
310  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 27, 2017, 08:37:32 PM
Here is the article that mentions Iconomi:

http://www.cnbc.com/2017/03/27/bitcoin-wobbles-as-traders-turn-to-other-cryptocurrencies-amid-uncertain-future.html

Whether or not the fork happens is hard to tell, but it may harm bitcoin's brand, according to Jani Valjavec, co-founder of ICONOMI, a digital asset management platform for cryptocurrencies. Valjavec argues the brand is the main thing behind bitcoin's value.

"It has wide acceptance now, real world use cases, it can be a great store of value, and it is currently trusted by the community. Our understanding is that a hard fork, instigated by two parties with very competing interests, will primarily weaken the brand," he told CNBC via email.
311  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 27, 2017, 06:45:40 PM
Why is included in the calculation 87 000 000 ICN Huh? https://coinmarketcap.com

The developers kept 13,000,000 for themselves spread amongst them. They can't be used until a certain date though, which effectively makes the total supply 87,000,000. When they are unlocked the market cap will either drop to accomadate 13,000,000 new coins, or it will rise up and price stays the same.

jani explained that when he sent email to coinmarketcap they missread it and after that they were ignoring emails about fixing that problem.

Ahh thanks I didn't know that. I made a mistake in my post though, I meant to say that EITHER the price will stay the same and the market cap will rise, OR the market cap will stay the same and the price will lower.
312  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 27, 2017, 06:23:04 PM
Why is included in the calculation 87 000 000 ICN Huh? https://coinmarketcap.com

The developers kept 13,000,000 for themselves spread amongst them. They can't be used until a certain date though, which effectively makes the total supply 87,000,000. When they are unlocked the market cap will either drop to accomadate 13,000,000 new coins, or it will rise up and price stays the same.
313  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 26, 2017, 04:39:28 PM
I take a different stance than some in the ICN community in that I WANT ICN listen on big exchanges not because of pumps, but because the increased liquidity would help minimize the impact of a single player affecting the price. A few days ago Mal sold some of his ICN to buy a car and crashed the price like 20%. The price recovered but it took all night.
314  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 24, 2017, 04:14:14 AM
Is it going to be possible to buy ICN through the platform in addition to ICNX?

I don't think so. New ICN cannot be created, unlike ICNX.
315  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 23, 2017, 07:15:27 PM
FYI: Fidel007 and PikachuYou are almost certainly the same troll. Look at their post history and you will see they have the same mannerisms, writing style, they often even attack (https://bitcointalk.org/index.php?topic=952619.msg17927287#msg17927287 , https://bitcointalk.org/index.php?topic=952619.msg17936533#msg17936533) or hype (https://bitcointalk.org/index.php?topic=1649695.msg18302005#msg18302005 , https://bitcointalk.org/index.php?topic=1649695.msg18279420#msg18279420) the same coins simultaneously.

Recked. Daparski, take note. Nice detective work.

Name and shame these bastards.
316  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 22, 2017, 06:43:40 PM
Firstly, that buy order was around $300,000. Not a million.
Secondly, it was fake to begin with.
317  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 21, 2017, 09:21:26 PM
There is no delay, public access was never planned for Q1. Stop spreading false rumors.
318  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 21, 2017, 04:16:44 PM
Project HODL has just tweeted out that they have become beta testers and owners of ICNX.

http://hodl.org
319  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 21, 2017, 03:34:08 PM
We broke through resistance on strong volume. .00030 is the new support. .00040 is the new resistece.
320  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: March 21, 2017, 05:17:01 AM
So what do you reckon the announcement will be? They make ICNX trading available for all ICO investors perhaps?
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