why the price came down to 25k, is there any news?
No, the price has dropped on zero news. This is either the exit of one whale, or as I suspect, the manipulation of a price wall on Kraken. There has been a bot continuously putting up and taking down the same ~10btc sell wall about once a minute on Kraken. Progressively moving the wall lower and lower as the day has gone on. |
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May I volunteer my services to be a second moderator of this thread? I am practically always on and I grow weary of reporting these troll's posts to forum moderators who do nothing about them.
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I still have ICN but i sold 60% of my stash at 36k satoshi. I dont think its a scam, but definitely things dont go the way it was planned for the team and investors. Its easy to say hold and blame the whales or the rise of BTC of Fud but its not so simple. Price wont go down almost 40% just for fun. I hope things starting to turn around, i will watch close the team for updates, the best thing we can do is ask and keep the pressure on them, they have to produce and deliver.
What isn't going the way that the team planned? For Christ's sake, the platform release was always intended for the first quarter of 2017, and beta is currently scheduled for the end of February. I am holding. |
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CryptoInsiders wants to buy cheap ICN  Yes he does. He knows its fundamental value. |
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In case you are new to this thread, the user CryptoInsiders is a troll attempting to spread misinformation. We have moderators but they can't be logged in 24/7.
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Fucking whales, I'm out. It's dangerous games, price LOWER and LOWER EVERYDAY (like Lisk). I can't look at it.
Once people close out their BTC positions, the ICN buy-back in early March will be epic. Only 100 BTC for sale under 41k satoshi right now. Sorry, but I don't believe in that. And 100 BTC is a lot. My depo decreases every day. This reminds me fucking Lisk and Waves. So I'm out and at least have a small profit. Good luck 100 BTC is a tiny amount when you consider the fact that just 2 whales pulled 300 BTC off the buy side of orderbook to use for trading BTC this week. When traders close out BTC positions with profit and ICNX launches, the ICN buy-back will be epic. 2 minutes ago eaten buy wall on 0.00026 - 50k icn. But nobody can eat sell wall - 40k icn. Nobody. All day. I'm very happy that sold for 0.00028 It doesn't matter. They would just immediately put up another 40k sell wall. Their intent is to suppress the price. |
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That sell wall is very overextended. This is probably the organized fuders last desperate attempt to push the price down before the platform beta begins.
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Platform is going to launch this quarter. It's not emotional attachment brother. It's called sound fundamentals.
Only ICNX/BTC trading is launching this quarter. OFM platform is not launching until later this year. Correct. So that means even more good fundamentals to look forward to. |
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Platform is going to launch this quarter. It's not emotional attachment brother. It's called sound fundamentals.
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I am not worried about the price in the slightest. I know what I have here. In the words of the actual Warren Buffet, "Price is what you pay, value is what you get."
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Iconomi will be working out deals (if they haven't already) with exchanges to get special deals. I am sure many exchanges would love to compete for Iconomi's buy volume and would offer them discounts.
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What are we seeing reported on coinmarketcap? ICONOMI is listed as:
$32,194,785 $0.370055 87,000,000 ICN * $158,317 9.34%
I thought this was an index of a number of other cryptocurrencies, but none of the other cryptocurrencies are up 9.34% in the last 24 hours. Are ICNs something different?
Yes. The ICN token is a representation of ownership over the profits of Iconomi. One of the way profits will be made is through the ICNX (Iconomi index) token which is what you are referring to. It is a basket of 12 or so well known crypto currencies. The ICNX token has not yet been made available. So the price of the ICN token today is just speculation on future profits. |
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200,000 is a very respectable amount for a new exchange. Also, I am assuming Liquid only owns one address.
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This is Liqui's adress: 0xea133a07880b99ceb7a973e64dd3ac18f7a20888
They have 203,000 ICN.
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How much ICN holdings must one have to be considered a "Whale"?  look here for token distribution: https://etherscan.io/token/ICONOMI#balancesfirst 2 addresses are Iconomi and Kraken. I'd say anything in the top 30 is a whale/big fish Does anyone know which adress belongs to Liqui? |
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Question. 100% of all ICN represent ownership of 100% of all profits From the Iconomi platform. Wallets less than 42 ICN will not receive any profits however. But the profits do not disappear. So where do they go?
Say I break down all of the ICN that I own into hundreds of wallets each containing 41 ICN. I will not receive any dividends, but where do those dividends end up?
I am a whale by the way, and am HODLING.
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I have a question dividends get paid to ICN token holders as long as its in a wallet you control correct
Yes and u should at least have 52 ICN to qualify. ICNs in ICO account will also receive dividends And to add to that, Liqui has stated that ICN holders on their exchange will receive dividends. Kraken has not yet stated the same but they probably will. Otherwise they will find a bunch of ICN yanked off of their exchange when dividends start paying. |
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Damn, they will launch platform for everyone soon! I will make my array for sure! This will go into financial history as many of people will become multi millionaires just like after Bitcoin.
When will the ICONOMI.index platform be launched or available? Website says early 2017. But still cannot register. Beta has not started yet. It will start towards the end of February which is about a week away. I assume the platform will be launched after the kinks are worked out from the beta testing. |
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