buy orders are raising and sell orders are shrinking
wonder what that could mean
big dump incoming? Dump and Pump will be always with the crypto coins so the same applies to ICONOMI too. I think to not sell them yet because I believe that iconomi has a better potential and I hope to sell at 40k. Thank you... just a friendly advice - if you don't need the money, or you don't do day trading, keep them for a bit longer. If you believe in the project and the team, you will wait until you see the product - OFM I have supported the ICONOMI for a while so it doesn't cost me anything to continue supporting it now too. Nowadays I see that the iconomi price has been increased in the kraken exchange so it is the only one where we can trade. price has increased just because of official announcement on release dates. It will increase more, much more when the milestones will actually be met. That's why I think it is not wise to sell now, unless you are a short sighted day trader I'm not up to date what is happening with ICONOMI so can you inform me with the latest news because the OP seems to not be active as it was. So this thread has been 900 pages and it's hard to ready mostly everything and can you tell me some few big details ? Thank you... Iconomi had announced official release dates for beta and platform access: https://www.reddit.com/r/ICONOMI/comments/5hd6de/its_almost_middecember_whats_the_official_launch/In general, if you want more clean and meaningful conversation and the team response - use reddit or the slack channel https://www.reddit.com/r/ICONOMI/https://iconominet.slack.com/messages/general/ |
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What kind of marketing campaigns will Devs launch to attract people from old economy?
I guess we will need to wait and see. I think that most of the marketing efforts should be made after the product is ready - OFM. Marketing before that is basically just advertising ICNX. |
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there will be no lack of ICNs on kraken, liqui since the TEAM have plenty to sell  ICN token supply: 100 mio Crowdsale: 85 mio Early stage marketing and bounties: 2 mio Advisors: 2 mio Team: 8 mio Reserve for future team: 3 mio most of the bounty whores have sold already. Do you really think that team and advisors will dump first chance they have? |
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You are all pathetic cock munching fags, especially that Petricunt person. He's a real fucking whiny bitch. Someone please stick a dick in his mouth already and make him shut up.
I thought Fidel died... WTF?!  He did, but his spirit lives with us on btt until the mods won't kick his sorry ass |
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buy orders are raising and sell orders are shrinking
wonder what that could mean
big dump incoming? Dump and Pump will be always with the crypto coins so the same applies to ICONOMI too. I think to not sell them yet because I believe that iconomi has a better potential and I hope to sell at 40k. Thank you... just a friendly advice - if you don't need the money, or you don't do day trading, keep them for a bit longer. If you believe in the project and the team, you will wait until you see the product - OFM I have supported the ICONOMI for a while so it doesn't cost me anything to continue supporting it now too. Nowadays I see that the iconomi price has been increased in the kraken exchange so it is the only one where we can trade. price has increased just because of official announcement on release dates. It will increase more, much more when the milestones will actually be met. That's why I think it is not wise to sell now, unless you are a short sighted day trader |
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that 59 BTC sell wall is a joke. I also don't believe it is real
Edit: the wall is actually 30 BTC
28 BTC gets you to 0.000299 and 59 BTC gets you to 0.000300. You haven't eaten thru the wall at 28 BTC; you have just reached the bottom of the wall at that point. yeah, I meant the sell order @300K Ah, I see what you are saying now. Yes, we are probably closer to 0.0003X than 28 BTC in sell orders. I agree. Do you think that this 300K sell order wall is real? It doesn't take much after that for another double up |
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that 59 BTC sell wall is a joke. I also don't believe it is real
Edit: the wall is actually 30 BTC
28 BTC gets you to 0.000299 and 59 BTC gets you to 0.000300. You haven't eaten thru the wall at 28 BTC; you have just reached the bottom of the wall at that point. yeah, I meant the sell order @300K |
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Congrats for 888 page!
Remember the contract address? 888 has special meaning in the Chinese numerology
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Why doesn't Kraken have ICN/USD & ICN/EUR pairs?
good question. I guess they will add it after platform is active If they're just waiting on volume to be significant, ICN volume is already the largest on Kraken after BTC & ETH. LTC, REP, ZEC, DAO all have less volume than ICN, yet they all have USD & EUR pairs... what gives? we don't know. I asked the same question few weeks ago. Maybe they have an agreement with Iconomi not to pair ICN with fiat? If such agreement is even possible. Cashila will be the fiat to crypto gateway used as entry point, so maybe there is something there. I can't think of any other reason. Kraken obviously have incentive to add the fiat/icn pair |
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ICONOMI MOON....!!!!!!!!!!!!!!!
Could be. Only a 13% rise in current ICN prices will put us at 0.0003X territory.  that 59 BTC sell wall is a joke. I also don't believe it is real Edit: the wall is actually 30 BTC |
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buy orders are raising and sell orders are shrinking
wonder what that could mean
big dump incoming? Dump and Pump will be always with the crypto coins so the same applies to ICONOMI too. I think to not sell them yet because I believe that iconomi has a better potential and I hope to sell at 40k. Thank you... just a friendly advice - if you don't need the money, or you don't do day trading, keep them for a bit longer. If you believe in the project and the team, you will wait until you see the product - OFM |
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Why doesn't Kraken have ICN/USD & ICN/EUR pairs?
good question. I guess they will add it after platform is active |
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He just needs a hug...  maybe he sold earlier and as a big day trader and/or investor/supporter he hoped to buy at the dip, but since it ain coming he got a little frustrated. poor troll.. |
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those giffs are really anoying and it is like the utter spam post or uber troll post which contribute nothing to ICONOMI tread
its like 7 year old kids having fun.
Do you have something intellectual to contribute? I will be glad to hear. Since it is quite quiet here, we allow ourself to softly kill some random cry baby troll. Nothing wrong with that |
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$1 is coming soon, but in the mean time, ICN holders will have a great surprise this Christmas   looks like fidel has serious daddy issues |
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DAPARSKI IS A FUCKING FAGGOT
If you knew who I am...
you would call me "dad" |
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Hey Jani, I am curious about your opinion on lower Timing the ICO is very important, and it’s more art than science. Launching an ICO in the present climate can be challenging: bitcoin is riding high, and many people are buying and holding; ethereum has had its problems over the last few months and as a result investor sentiment (not technology sentiment) is low. Great timing requires you to be very sensitive to external sentiment or to work with someone who is. Do you maybe (as a ICONOMI or individual) think that there is also a problem with low liquidity due to most of the funds stuck in some sort of investments (like ICOs or something else) and there is not enough "free cash" that is searching for new projects? Because for example Wings ICO took off very promising but after first day hype it did not manage to get a lot of funds on the daily basis. So its eather not enough "free floating money" there or just reasons mentioned above in the quote? Opinion whether its a good project or not is put outside in my question. What do you mean low liquidity? You know that there is ~4.5M usd in Iconomi.PERFORMACE fund, and that is before the second round, which will take place sometimes in 2017? I don't see any liquidity problem in the fund since it will take time until those 4.5M+ usd are invested. I am sure that by the time Iconomi will invest the last available funds, the first investments will be at least partially sold and the profits will be available for future investments. This is basic fund management. Maybe I was not clear enough. I meant low liquidity on crypto market. It looks like there is not enough fresh money coming into crypto world. This is what ICONOMI is aiming for. Bring fresh money into crypto world. I told my father about ICONOMI and he wants to put some money in it, too. So I don't worry about low liquidity. Once OFM platform is released we will see a lot of fresh money coming in. Additional there will be an affiliate program and this should bring us even more fresh money out of old economics. Very cool that your father is willing to invest! I told a couple of friends aswell, they are considering it  I'm sure OFM wil be a nice boost for the market! Yep, and he isn't that kind of high-risk investor. Yeah a lot of my friends are considering as well but I think they will come to "late" for the first spike. buy orders are raising and sell orders are shrinking
wonder what that could mean
Moon?  Moon is the first station of Iconomi journey. I personally am more interested in the solar system and behind |
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buy orders are raising and sell orders are shrinking
wonder what that could mean
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Finnaly few pages of very useful comments I agree. Perhaps we will have our first trolls-free day
I was about to say that! But I'm always a bit cautious about calling trolls out loud. Mostly they hear you and then are triggered. So sh! and just enjoy the silence and peace here. I enjoy both the silence and knocking them down |
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the answers are clear in the FAQ and WhitePaper So what does the FAQ and whitepaper say is the answer to my scenario I outlined to Jani below? I never found a clear answer there. "Finally, at some time in 1Q 2017 you will make your first dividend payment to the original ICO participants who funded the ICNP original $4.6M. Say for example you invested $500K of ICNP money in the ICO of a new coin. In the week after launch, that coin doubles in price so your $500K investment is now worth $1M, giving an ICNP profit of $500K total. 20% of that $500K or $100K is the amount of profit to be distributed among the original ICO participants.
WHERE DO YOU GET THIS $100K TO DISTRIBUTE AS ETH DIVIDENDS?
Specifically, do you sell 10% of your holdings in the new coin at the end of the first week and hold on to the other 90%? Or do you get the money for dividend distribution from some other source? And if this, WHAT other source?"Mal, this answer is simple, I apologize if it was not addressed before. But first, let me again say that the fees for ICNX or ICNP have not yet been confirmed, so this is just hypothetical ... If ICNP would have 20/2 fee structure, then 20% of all REALISED PROFITS would go from ICNP to ICONOMI as fees. But "realised profits" means that ICNP has to CLOSE its position in that "new coin" first. Only if ICNP liquidates whole $1M investment, then $100k (20% of 500k profit) go as fees to ICONOMI. And this can later be distributed as dividends to ICN token holders. And since vast majority of ICNP's investments will be done in digital currency, so will be later liquidations... For example ICNP recently invested 5000 ETH in Golem, and I expect when this position will close, ICNP will do sell it for ETH... Clear? best, Jaka Jaka, I thank you for this answer, it helps me understand a lot. You have been talking about weekly dividends so I thought you were going to evaluate profit for each ICNP coin position on a week-by-week basis and distribute dividends accordingly. Instead, ICNP may go for months or even years before liquidating its position in a given coin, calculating the profit ONE TIME based on that close-out sale, and THEN distributing profit dividends on the position. So there could be many weeks where no ICNP dividend is distributed because no closures of ICNP coin positions occur during that week. And so in weeks where there are no ICNP position closures, any profits / dividends would come only from ICNX or other fees. Correct? If this is correct, it is a big deal. Unrealized profits can grow larger and larger on ICNP investments until those investments are finally cashed out and distributed as dividends, pushing the "fundamentals" price of ICN up week after week as investment profits accumulate before cashout and distribution.
Deferred ICNP dividends should immediately show up as a rise in ICN price. Roughly speaking, future increases in ICN price should always be at least 20% of ICNP pre-cashout profits - more, maybe much more, if speculative frenzy kicks in. As the ICNP Fund grows in size, ICN price could take off like a rocket.
HODL !Mal, that is correct. There is also a reason why this is the only way. If we would do it as you (mis)understood before, then in a case of ICNP dropping in value (imagine that an ICO into which ICNP had invested, would announce that they have been hacked and all assets stolen) we would have to ask shareholders to "return" parts of already paid dividends to cover loss... Which is of course impossible. Finnaly few pages of very useful comments ok, if I properly understand this, we can at all time know how much that fund is worth (assuming that the current value of investments will be known), so the price of ICN's will probabbly be designed from the value and the potential value of these investments - expected dividends? yes, but only before OFM. Once people will start creating their own funds, the dividends stream will be higher. So expect either good, better, or even better news in 2017 Edit: Finnaly few pages of very useful comments I agree. Perhaps we will have our first trolls-free day |
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