This was just posted from Jani in slack. Edit: Quarterly report will come 100% this month. Time to go to the moon
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Woohooo. Thanks for sharing. It gives us understanding on what ICNX is all about. Really love it. Can't wait for it to be delivered publicly. Now ICN goes on more upward!! Yes it is a good video that gives insights about ICNX platform.How did you got 5k plus icnx?. You bought them or you exchanger them for ICN?. ICN is $0.60 now while ICNX is $0.3.Why would I go for ICNX for ICN? Dunno. Not my video.
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Wow, FUDsters these days are really desperate.
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Wait what? Polo confirmed???
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Yes it will probably take time for such high profits to become a reality. When you start a business in your neighborhood you don't usually have 1000 regular customers on the opening day.
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Well I guess they can start paying out dividends from the beta platform, but they will be measly pennies, since not a lot of money are rolling there. And what will happen is this - people will start coming over crying "Are those the long awaited dividends, some lousy fractions of cents" and someone's going to explain to them that it's just beta, not much money involved, but they won't be satisfied cause they've come here to rage, not to get explanation, then more will come and ask the same thing of course, nobody will ever bother to read the previous posts or inform themselves in any way. Just go on some forum and rage.
The dude above me I'm not sure, I guess he wants to hear the latest news. Just go on Reddit or read the previous pages in this thread, or go to ICONOMI's medium and read it all firsthand.
Btw, the last few pages are surprisingly adequate. It's been a while since there was such a coherent discussion in the ICONOMI thread.
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Come on man 1st dividends will be weak as HELL... closed beta is for few people maybe 100-300... with deposits limit like 1-2 BTC (orrect me if i am wrong ) ICNX have fee 3% annual so 1 week of 600BTC in investment fund = 9BTC // 9BTC/56(weeks) = 0,16BTC for all ICN same time... Cost of sending is rising with ETH costs and will be high. 0,00042 ETHx2000 wallets = 0,84ETH=0,126BTC,
So after that week we can send people 0.01BTC in ETH to all ICN from ICNX today.
Dividends will rise with platform rise 1st if have to be open for all. 2nd most important platform have to be open for Fiat investors new money. Then we will talk about dividends. Great points.
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We need a good news to increase the price of ICN it can have a positive effect on pricing.
We don't need news for temporary pumps and dumps. We need dividends and for that we need everything else completed. So basically what we need is for the devs to work, work, work!
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BTW, I have feeling that behind this dump is the same people or 1 guy who were spreading FUD. Because he said it will happen.
Nah, he was always talking about a dump bellow ICO price.
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While in the short run it might lower ICN and other alt coins price, I think the ETH and BTC rally is good for all of us in the crypto world. Imagine how much publicity and fresh money will cryptocurrencies receive if BTC hits 2000$.
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It's just these fucking whales who are playing with ICN since one month now. Go fuck them. No sense than ICN go down like that after the up of the beta launch and the soon release date of plateforme
Do I see it right that the current price is determined by only 1% of alle available ICN's? Which might explain the big volatility of ICN? Current 24h volume is 325k USD. With an average price of 0.325 USD this means that 325.000 / 0.325 = 1 mio ICN that are being traded, which is 1,15% of all currently available ICN's. The vast majority (98%) is hodling their ICN like real investors because they see the true value behind ICN. The whales that are moving the price of ICN up and down by trading that 1% are probably holding a lot more tokens than they dump on the markets. Everybody knows that the real price of ICN will be seen in the future when platform starts making profits and attracts customers and dividends start being paid out. In the meantime however it's understandable for traders to try to profit from the price volatility, it's natural. To tell you all the truth I am amazed that ICN is being traded as high as it is now, because the price is based entirely on people's belief that the project will succeed, there is literally nothing else giving the token real value at the moment. That's amazing and shows how much confidence everyone has in ICONOMI.
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Price goes down doesn't mean project scam Don't worry, it will not dump to 0 because if when the platform launched, everything will change Yea, but these people will never get it. They probably think ICN is just another shitcoin you mine with a GPU.
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Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.
I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.
I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history). Yes, that's the most likely explanation. I just offered a less probable alternative to it.
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Of course they will dump. There's going to be lots more pumps and dumps before platform starts working, before dividend payouts and all.
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Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.
I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.
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All in all great day.
ICONOMI kept their beta release promise, proving to all the kids they are legit and not scammers.
We got a good glimpse at the beta.
Price got pumped, which is always pleasing to see, even if you have no intention to sell.
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Ignore him. He is just mad, cause nothing of what he said ever came true
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Is it this live stream that is causing this enormous dump? It is actually hilarious that investors are so fickle.
Jesus tap dancing Christ.
Indeed. What a bunch of kids Nah, I don't think it's related to the stream. Pump and Dumpers probably been waiting all day for the price to reach 0.40-0.42$ again to sell.
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