Starting to get really funny here, I wonder why half brain Sherlock is ignoring icocountdown scam records and quoting his weak article. Oh wait he did not get paid to dig'em up  I don't know who is paid or not, and actually find that irrelevant. If there are reasonable responses for the concerns raised, all Qtum has to do is post them in the thread. The silence is deafening. |
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I do not think he is a scammer. But in my opinion, he is totally overrated. Perhaps it was a PR thing of Lisk at this time, I do not know But good to know that he is gone. And it is never too late  I don't get how it is good that he is gone. It seems without consequence at best. Are people implying he is lying about his role in Lisk? If what he said is true it is just further evidence that the Lisk team is either incompetent or indifferent. Why did they take him on as an advisor only to ignore all of his recommendations and fail to seek his advice? |
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Nice work Gleb Gamow and everybody else who helped to expose this scam.
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We get it, you sold. Why are here still?
Should I leave now? I like to chat here Oh okay fair enough. I guess when I sell out of a coin I don't see the point in posting in the thread about it but I guess I'm just weird. |
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It`s fun to see the guy with 40k ICN trying to push the price down by putting fake sell walls he is very good at it, price lower and lower. 24k now and I think 20k very soon. Or maybe 15k. That's very big dump. Whale is very powerfull Without fake 40k sell wall:  Just 9BTC to 0,00032 And 540 BTC to 0,00052 We get it, you sold. Why are you still here? Just trying to get other people to sell below you? I'm not surprised people are selling off, it's fine. BTC is going up big time as march 8th approaches. |
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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. That's fair! I'd recommend keeping your eye on the market though, I personally don't think it will go much lower than this unless BTC keeps shooting up even further. |
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Melonport only works with ERC20 tokens, so they are trusting a centralized EU company to hold all the BTC and fiat.
There may be a problem with lack of liquidity and trades will be dependent on blocktime.
The Bittrex and Poloniex line exposes the fudders bullshit. They both listed DAO tokens, which were also ETH-dividend paying tokens, not "usage" tokens.
Admin of Bittrex already confirmed in slack that the only reason they didn't list ICN, is because Iconomi didn't give them the green light.
Melonport added in the "usage" part unnecessarily to make it seem less like a security. MLN is used to pay the trading fees, but someone could just as easily fork the code to the same system where ETH is used to pay the trading fees.
MLN is like Dave & Busters token in that regard. They could allow you to use regular quarters in their arcade if they wanted to, but instead force you to exchange for Dave & Busters tokens.
Yeah and Kraken already lists ICN and is the most discerning of all the US exchanges. |
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I didn't realize "here" is 2 years in the future. Cryptoinsiders amazes me everyday! Also many people would prefer to work with a company with some amount of accountability, but I'm sure you can't comprehend that concept. But go ahead and keep flashing your buzz word "decentralized" around, it is true that that word alone has been enough to hype even shit projects in the past!
Cryptoinsiders I thought you were either going to post here with your real account or stop spamming with your puppet? Why are you hiding behind a puppet?
And yeah the difference between the ICN token and the MLN token is that ICN tokens will pay dividends (also no more will be created so you don't have to worry about inflation) while MLN won't and will be extremely inflationary. Guess which is more appealing dumbass.
"A maximum of 1,250,000 MLN will be created before the final version of the Melon protocol is deployed to the live network. Following the live deployment, a fixed amount of new token will be created periodically and be distributed towards the most widely used Modules of the Melon protocol. This incentivises maintenance and development of the Melon protocol even after its final version is deployed to the live network."
A fixed amount? But how much?
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Cantaloupeisland is not set to release for 2 years haha and have they even said for certain what the inflation rate is going to be yet? And you act like "decentralized" is so much better, but it is a fund management platform where each of the funds is going to be managed by individual entities. Even if the platform isn't centralized, the funds still are. On top of that, the Cantaloupeisland platform itself might be "dencentralized" when it is finally released but the project itself and the funds/code associated with it are still in complete control by the team behind it meaning the same risks and concerns you have with the ICN team apply to them at this point as well.
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why people can not realize this is a FUD?because people do not want other people invest into Qtum? if you do not want invest, just go away. i think Qtum already get enough investor in china right now. from what i hear in Chinese community, even some big Venture Capital may invest too. Also technically speaking, Qtum is one of the best innovations in the last 1 year in crypto world. why you trust some anoymity people on the Internet, rather than someone go the the EDCON and made a good speech to a lot of developers? have you ever think why people create these FUD, just before the ICO ? Also from what i know, patrick is a great guy in china, he wrote a lot of technical articles and translated some good technical books too. that's what i know. and i do trust him and trust his company. he is also the CTO of BitSE, one of the best blockchain company in the world, who control 2.5% of bitcoin network and 8% of zcash network (mining). and also patrick helped to develop one of the best blockchain products, vechain. which has more than 10 big clients all over the world. why you trust some people you never met before on the internet? Also any investment has risk. even hold bitcoin has risk too. Do your own homework and find the good project and become a real investor. Right... there is undeniable evidence that Patrick Dai, one of the co-founders of this project, previously stole funds from another project. But yeah, we should totally take your anecdotal opinion of Dai over that. Even before the history of Dai came to light, this project had some shady aspects to its fundamentals. The token distribution is ridiculous. After the ICO 49% of the coins would be controlled by the small group of people comprising the team + angel investors, in addition to all the BTC they would get from selling off the other 51%. And that 51% that is being sold to the public is being sold predominately through exchanges nobody on here had ever heard of before this project. Exchanges which very easily could also be controlled by members of the team+angel investors. On top of this, the coin is PoS but there is no mention of the PoS inflation rate in either of the whitepapers. A PoS coin with a small group in control of 49% of the supply LOL, so they would also be generating 49% of the the coins generated through PoS. Not to mention all they would have to do is somehow get their hands on another 2% of the supply (through buying into their own ICO, for example) to be able to abuse the network. |
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Confirmed scam  How the hell did the team of people behind this not realize people would find out who Patrick Dai is and remember what he did in the past? What you think if you change your first name from Steven to Patrick that is enough to hide your real identity? Did you even use your real picture? Are you guys dumb as shit or what? |
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I have some questions on how does ICNX work.
Would cryptocurrencies be bought each time a new ICNX is created?
For example, if composition of ICNX is 50% BTC and 50% ETH (just assumption)
If I buy $1 worth of ICNX, would .5$ of both btc and eth be bought by Index fund immediately?
Wouldn't it mean lots of wastage in fees?
Real ICNX has 12 cryptocurrencies. For each purchase of each cryptocurrency they have to pay gas and fees of exchange.
Yes, when you buy ICNX from Iconomi platform, buy orders are executed on your behalf and the ICNX tokens are created. I'm sure they have a way better fees plan than the average trader. In addition, there is a 0.1% entry/exit fee, so basically it will cover all fees paid by Iconomi. Keep in mind that people will also buy ICNX from exchanges, and in that case no fees will be paid by Iconomi. I got your point. But, entry fee is just 0.1%. If Index Fund buys each of the crypto, they have to pay fees of exchange which would be around 0.1% (would be more for some cryptocurrencies) and also transaction fees/gas. I can see three solutions to this problem- 1. Minimum purchase amount of ICNX would be higher (maybe greater than $10). 2. They make their own exchange. 3. They sell ICNX monthly/weekly. To club all the purchases and minimise the fees. All exchange fees are percentages, so they scale proportionally to the amount invested so it doesn't matter whether purchases are large or small... 1% of 10000 is 100 1% of 10 a thousand times is also 100... Or maybe I'm missing what you are getting at. ETH gas is a fixed amount instead of a percentage of the transaction so that is the only thing I can think of that would set a minimum buy limit, but the price of gas is super cheap. |
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Cryptoinsiders why don't you come and post with your real account? If what you are doing is truly altruistic and you really think you are on to something then you would want to have such good deeds associated with your main account, it would be great for your reputation!
On the otherhand, the fact that you are only posting from alternative accounts greatly supports peoples' suspicions that you are just a troll/shill.
Put up or shutup.
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Lol he posts the same exact message again this guy has actually lost his mind.
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Cryptoinsiders also thinks it is idiotic to get payed for the posting you are going to do anyways lol. Oh no a sig bounty, how dare you collect free money that is sooo dumb!
I"m so insulted...
A million times better and more respectable than being a paid troll/shill like you are. You don't even post using your real/main account because you are just a tool. If you actually stood behind what you are saying for altruistic reasons you wouldn't be hiding like the coward you are.
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ICN tokens do not provide voting power...
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Every morning cryptoinsider wakes up to the news that ICN is still here and still well above ICO price even though he predicted it would dump down to nothing months ago, solidifying everybody's opinion that he is a complete idiot.
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Kraken has no intention of delisting ICN and that was even proven by a chat with their support who were surprised(to say the least) when they heard such rumors exist.
SEC won't come knocking on anything cause first they don't care and second nothing illegal has been done. US investors bought ICN tokens and they will be able to profit from dividends when they become available and sell their ICN at a higher price if they hold their bags long enough, so I see nothing wrong here either. Why would they want out from an easy money making opportunity like this? This makes no sense. Start making sense please! You've just been repeating the same debunked BS over and over for the past 3 weeks. You're even copy-pasting the same sentences.
Like I said, their behavior is the definition of insanity. They are either being payed to do it- or profiting off of it somehow- or they are literally nuts and think something has magically changed in the last 15 minutes since they last posted the exact same "concerns". |
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So I guess the US is the only non-third-world country according to cryptoinsiders. Shines some additional light on his stupidity. Did you know the US isn't even classified as a full democracy anymore?
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Mal you can post your questions without quoting the troll. Also going through that list of entities the SEC has taken action against, I can't find a single one that is not US based. Did I miss something?
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