Lol calm down. Massive rises in price can sometimes take weeks or even months. We aren't even listed on Poloniex yet. |
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Can a single Fund Manager start multiple funds on OFM?
This is the norm on ZuluTrade & eTORO where a Fund Managers can have a High-Risk fund & a Low-Risk fund, etc...
Of course. Welcome to the new world of liberation. In anarchy you don't ask your political masters for prmission. |
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LOL. that will be the easiest money i ever made(voted for "NO"). to me it's clear that iconomi team isn't worried about getting listed in other exchange. Then put your money where your mouth is. Blockchain transaction or it didn't happen. |
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Bussiness does not need to be profitable to be valuable. Amazon didn't make any profits for almost 20 years and its market cap was growing rapidly the entire time. If Iconomi reinvests all its profits and doesn't pay dividends it just means that they have a plan on how to grow the bussiness. How they are able to bring billions into crypto. If they want to do this they have to spend heavily on advertising IMHO.
I agree. I would be glad if ICONOMI did not pay any Dividends for the first year and just reinvested everything back into the fund. |
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Buy the only crypto coin in the world with the stated goal of delivering profits to your pocket. ICONOMI is the only (correct me if i am wrong) crypto currency that will be paying dividends to its holders very soon. This coin is only a few moths old and already has a $15 million market cap. It is only listed on 2 exchanges currently so the price is a bit suppressed. This coin has the potential to enter the top 3 spot of the crypto world. Do your own research please, but make haste.
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Will ICNP and ICNPX be different tokens than ICN? How does one invest in one fund or another with their ICN tokens? I don't really understand how all this is interconnected as the white paper didn't explain.
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ICONOMI
It is only listed on 2(ish) exchanges and it already has a $15 million market cap. There is no way this thing will stay under a $50 million market cap once it hits big exchanges.
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They may be considered as Like-kind and you won't owe taxes at tax time. The irs has no firm laws in place on how to handle these transactions but most people would write up the trade of theses assets as a like-kind trade. That is the trade won't requires taxes to be paid until you sell them back into usd. The real question is what proof does the the irs have that you made this exchange, the current system is mostly based on the honor system so probably none. Also if you trade bitcoins through an exchange that doesn't have your ID, or through a service like shapeshift they will have no idea you made the trade (unless they decide to investigate those accounts). The less they know the better  Thank you, I didn't know there was such a thing as like kind trades. I will be looking into this. You may have saved me thousands of dollars this year! Also, there is no point hiding from the IRS. If I was ever audited I would be forced to provide documentation for all my transactions anyway. But yes, if I New last year what I know now about tax law and ID on exchanges I would have done things differently. |
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How does this coin work? I mean, it doesnt have wallet? How are dividends expected to be paid? Or is it everything going through ethereum wallet? Can only buy in liqui? And then... where do i withdrawal if no wallet?
Ethereum wallets can hold multiple kinds of tokens. So your one wallet address can receive all the different kinds of tokens based on Ethereum, including ICN or just plain old Ether. |
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There are only a few times in your life when you are 99% sure of a price jump. I have learned by this point to jump at those opportunities. Right now, ICONOMI is that opportunity. I am all in. All my chips are on the table. It is only listed on TWO exchanges and it hasn't even started working yet. There is no way in hell this thing is going to be under a 50 million dollar market cap for long.
Is there any way to see the top 20 biggest ICONOMI wallets?
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Still looking for answers.
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The law states you only owe taxes on 'sold' assets. But say during a tax year, I buy Bitcoin, then trade that Bitcoin for Ethereum, and then trade that Ethereum back into Bitcoin. Do I now have to pay on the gain from that trade even though I haven't sold back into dollars?
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Question. I am having difficulty acquiring several thousand dollars worth of ICN on exchanges. How do you expect investors with millions of dollars to acquire ICN?
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What do you guys reckon the market cap will be a year from now if all goes well?
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ETH is getting majorly REKT. ICONOMI is about to take a dive off a cliff as well.  This expert financial advice brought to you by Fidel007. |
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What is a ball park estimate of the amount of weekly dividends? Say Iconomi is doing decent, would 1 eth per 1000 icn be a reasonable expectation?
Lol no, dividends will take a lot of time but that figure it's just crazy, more like 0.01 ETH per 1000 ICN and that is a very optimistic scenario. This depends on current ETH price of course. We are all speculating, there's no way we could know exactly how it will all pan out but 1 ETH per 1000 ICN at the current prices would need 1 ICN prices to be above $1-2 at least just based on ROI. That is a garbage return. Like 2-3% per year? I can do that in a weekend. |
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What is a ball park estimate of the amount of weekly dividends? Say Iconomi is doing decent, would 1 eth per 1000 icn be a reasonable expectation?
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I've been watching Lisk for a couple months now looking for an entry point. I don't want to try catching this falling knife.
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Poloniex just added Btc/Ardor pair.
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