According to our sources in Slovenia, ICONOMI team & their inner circle of investors in Slovenia are accumulating ICN ahead of the launch announcement.
Given the capped supply of ICN at 100m tokens, they had to come up with a solution to give investors in their inner circle a low enty in ICN.
So they went on radio silence for past 30 days on purpose so the price dips down a little, so investors in their inner circle find a low entry in ICN.
We advise you to hold tight to your hard earned ICN and await the imminent launch announcement.
hmmm... this could be why they took down the Youtube video of a conference in Slovenia where Tim was speaking front of some investors. I highly doubt they would do a closed doors & unannounced conference. Show video proof of that conference or it didn't happen. It was a representation at Faculty of economics, nothing important. |
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Strange that ICONOMI has not yet prepared their platform and there is no official date to it launch.
The good thing is ICN price has still not fallen which means people are waiting for the platform to see how market would react to it.
It seems ICONOMI team is deliberately delaying it to create more hype.
sell before it's too late  |
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The Slovenian Securities Market Agency is not happy about Iconomi. They released a statment that they do not have the proper licence and are not regulated and that they fall under the category of alternative investment fund. Link (In Slovene): http://www.a-tvp.si/Default.aspx?id=151&key=595Jani's quote from slack: That article is basically a warning that what we are doing is not under their supervision. General warning. We had those for Bitcoin in the past as well. It's more or less to cover agencies ass in case we would do something not cool (which we won't) and then people would start pointing fingers in all direction and agencie can say "yeah yeah..we published some notice" |
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So the price will hit 25$ and nobody buy ICN before the launch ?
someone can explain me why ?
People were bashing ETH when it was 0.60$ and then hit 21$. It is neverending story. Absolutely there will be FOMO but to know how big, we will have to wait and see  |
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Two quick questions:
1) How many tokens there are going to be? Only ICN? because it's very cofusing with the ICN index, ICN performance and all of that. I think they should stick to only 1 token otherwise its too much of a mess to manage.
2) How do you store ICN locally? Do I need to download the Omni Core blockchain? how big is it?
I don't trust Kraken or any exchange long term so I want to keep them on my own locally.
Ive never used ETH or any token from ETH so I dont know how it works to store locally the proper way.
ICN tokens are on ethereum blockchain. You can use mist wallet or myethereumwallet. First just send 0.1 ICN so you can be sure you did it right. |
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any ideas when we will finally be able to test trading platform? Now is like 3 week late. How late should it be to be called really late?
Have patience, obviously they don't feel comfortable setting deadlines like last time. Remember what happened to the price? If they haven't given us any updates until the end of the month then we can start worrying. Give it some time man. They should not care about the price but only the product. It is nothing wrong with a delay. But when the day come you need to provide new date. Not next day or next week, but before it happen. Now is almost a month latter and there is still no date. I know we will see the product soon I never doubt in it, but I just dont understand the lack of understanding how to solve timeline dellays. i bet they are having Troubles with Slovenian Goverment regarding Taxses!!! http://www.cryptocoinupdates.com/tag/slovenia/According to Slovenias Corporate Income Tax Act, any income generated more than the course of a year are included in the annual revenue statement, but the Ministry stressed that the existing legislative framework includes no provisions applicable to organizations involved in bitcoin trading.
There is a fair amount of ambiguity here, as the ministry cites two corporate revenue laws, so figuring out the tax base could be problematic. The statement concludes that the therapy of bitcoins in the accounting procedure varies on a case-to-case basis. This article was from 2013. I doubt they havenīt checked the basics before starting the company If you are regulated in one of EU countries you are in all of them. |
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Anyone who is trading icn/btc pair on kraken please send them request for icn/usd and icn/eur market. With a little push from community we could achieve this.
Ability to trade fiat pairs will on other markets, which undoubtedly will add ICN. I think it will be Polo and Bitfinex. Poloniex don't offer fiat trading, only tether which is not real fiat. |
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Anyone who is trading icn/btc pair on kraken please send them request for icn/usd and icn/eur market. With a little push from community we could achieve this.
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and it's lowest price so far Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt. Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader. Marketcap is more important indicator. Sorry, but where is the market cap a more important indicator? Market cap on Coinmarketcap is shown in $ and is calculated by: "amount of tokens / price in $" ---> 87,000,000 / 0.309604 $ = 26,935,548 $. So if BTC goes down, the market cap will decrease due to bitcoin loses value in correlation to the USD. So could you please explain to me what you are trying to say? I don't get it. He said that ICN price is lowest compared to other coins on ticker on EthTrader. ICN price is irrelevant to compare it with other coins. You should compare whole marketcap. What if there would be 10 times less icns. Then price of one icn would be 10 times higher. And that's why comparing prices of coins is useless. If btc goes down then icn/btc ratio will go up (well it should go, but people then exit positions). That's why we really need icn/usd pair on kraken because btc's ups and downs f*** icn/usd price. |
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and it's lowest price so far Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt. Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader. Marketcap is more important indicator. |
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finally here, there appears a plan... So it's gonna take a while the platform is ready? The price is going down. They are talking about deploying smart contracts to ethereum platform not about their platform. |
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looks like both buyers and sellers waiting for news to come out |
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let him dump. Coins need to change hands in order for price to move higher. |
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I did a transaction from MyEtherWallet to Kraken with Gas: 52179
Gas Price: 0.000000041 Ether The gas price was preset, so I thought it's a good value, but then I saw it's only 0.000000041 Ether. My transaction already has 100 block confirmations on Etherscan. How long will it take approx.? chech https://etherscan.io/token/ICONOMI . If your coins moved to kraken there is only a matter of time when they will approve the transaction. |
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And new ATH  |
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