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There will be 2 big pumps in 2017. First one is coming soon. Next couple of weeks an official announcement will read "Iconomi.index released - Accounts open for registration'. They said things will 'flow' after that. So few major announcements will be made between now and March:
1- "Iconomi.index released - Accounts open for registration '$.50-$1'
2- " Fiat deposits now accepted $1+
3- " ICN and ICNX available for trading on following major exchanges" $1-$3
4- "First dividends payout is on the way - move your ICN off exchange to receive dividend" $5 briefly then correction back to $3 once first dividend has been paid.
In March-May, price should be stable around $2-$3. It will go sideways for a couple of months, with a few dumps. A clear cup and handle formation will show on the charts. Then June/July Following announcements:
1- OFM platform released - create your own fund bitches - will pump to ATH and find resistance around $5, this will be the handle part of the cup and handle formation
2- At the same time....Big PR campaign, Forbes, International Business times, even playboy will publish about ICN, start of new rally $5-$7
3 - At the same time... Your visa/mastercard is on the way bitches, no need to cash out into btc or have the tax man knock on your door, now you can buy Lamborghini directly with your ICN - $10+
It's hard to predict what the ATH will be during second rally. $10 is minimum and that is conservative... FOMO doesn't care about logic, and it doesn't care that ICN used to be $.20-$.40. It doesn't care that the price now is too high based on the value the platform is generating or the number of users or the dividends that you receive. FOMO does not give a fuck. It ends when there are no more buyers....Price is irrelevant. It can end at $10 or $100, no one can predict this and it depends how much new money is pumped from old economy.
Anyway... most people here will get excited and sell too early, buy back in, then sell early again etc... The smart people will HOLD and simply buy more ICN during the dumps.
1- "Iconomi.index released - Accounts open for registration '$.50-$1'
2- " Fiat deposits now accepted $1+
3- " ICN and ICNX available for trading on following major exchanges" $1-$3
4- "First dividends payout is on the way - move your ICN off exchange to receive dividend" $5 briefly then correction back to $3 once first dividend has been paid.
In March-May, price should be stable around $2-$3. It will go sideways for a couple of months, with a few dumps. A clear cup and handle formation will show on the charts. Then June/July Following announcements:
1- OFM platform released - create your own fund bitches - will pump to ATH and find resistance around $5, this will be the handle part of the cup and handle formation
2- At the same time....Big PR campaign, Forbes, International Business times, even playboy will publish about ICN, start of new rally $5-$7
3 - At the same time... Your visa/mastercard is on the way bitches, no need to cash out into btc or have the tax man knock on your door, now you can buy Lamborghini directly with your ICN - $10+
It's hard to predict what the ATH will be during second rally. $10 is minimum and that is conservative... FOMO doesn't care about logic, and it doesn't care that ICN used to be $.20-$.40. It doesn't care that the price now is too high based on the value the platform is generating or the number of users or the dividends that you receive. FOMO does not give a fuck. It ends when there are no more buyers....Price is irrelevant. It can end at $10 or $100, no one can predict this and it depends how much new money is pumped from old economy.
Anyway... most people here will get excited and sell too early, buy back in, then sell early again etc... The smart people will HOLD and simply buy more ICN during the dumps.
Gosh this post, the effort put in and the analyzing of ICN!
Price should be or should not be around there, but the events outcome should almost be on what this guy is saying
This was just posted in slack.
