Hi Please send me an invite  |
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Majority of the investors are frightened with current exchanges so when it will hit poloniex and bittrex than price will rise significantly to the moon. At the moment both exchanges just for accumulation so that is right time to buy before the funds get released.
kraken is legit though It will become even more legit once they add fiat/ICN pairs |
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I think it is a bit too early for the debit card, but yo can always ask on the next AMA session, or on reddit.
They will communicate all details before we approach that time anyway.
Now it is time for platform access, ICNX release and then OFM.
damn, I can't wait
Yup, I think I'll ask them during next AMA. As for now you're right, platform and funds release have the highest priority. Looking forward to each new step, I think very interesting months are waiting ahead I promissed not to post that anymore, but I can't, I am just too weak: Warm winter is ahead of us!  |
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So you bought into the ICO to get a debit card?  Well, obviously I didn't buy into the ICO primarily to get a debit card (there are way faster and cheaper alternatives available for that purpose  ); yet, one of the reasons why I decided to buy a certain amount of ICN during the ICO was also due to the fact that I liked the idea of owning the ICONOMI Founders Card, and I was (I still am) more than willing to pay for whatever costs are related to its emission/shipment, as specified in the FAQ. I think it is a bit too early for the debit card, but yo can always ask on the next AMA session, or on reddit. They will communicate all details before we approach that time anyway. Now it is time for platform access, ICNX release and then OFM. damn, I can't wait |
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why the price is going down? because Vitalik keeps sticking forks in it.... common, there was no fork for like, almost a week already |
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Hi everyone. Quoting a reply by Tim from last AMA (link: https://www.reddit.com/r/IAmA/comments/5d2efz/i_am_tim_m_zagar_cofounder_of_iconomi_fund/da1hye5/) "4)Yes, debit cards will be available to all ICONOMI users. The exclusive ICONOMI founders card ( https://twitter.com/thaicrypto/status/781200775754108928) will be available to those who invested more than 5 BTC." Now, this is different from what the FAQ available on ico.iconomi.net states: "As a gesture of appreciation, all ICO participants will have the option to receive an exclusive “ICONOMI Founders’ Club” debit card. The card will be a debit Visa card with an unique design, available free of charge to investors who invested above a certain threshold and with a small fee to cover the shipping costs to all other ICO participants." I am an ICO investor (I did not buy 5BTC worth of ICN during the ICO but I currently own much more than that) and I would like to receive my ICONOMI Founders' Club debit card paying a fee to cover shipping and other costs, when it will be available during 2017. It is actually one of the reasons who led me into investing already during the ICO instead of waiting for the token to be available at the exchanges. Could someone from the team please elaborate on that? So you bought into the ICO to get a debit card? |
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The ICONOMI ICO fundamentals - 2 of 4: Why ICOs fail?We are presenting second article in our ICONOMI ICO fundamentals series. ICONOMI's Daniel Zakrisson is investigating why we have seen several ICOs fail in the recent weeks. Our earlier prediction that ICO as a mechanism does not guarantee a successful crowdfunding, is becoming a self-fulfilling reality. Want to know more? -> https://medium.com/iconominet/why-icos-fail-1f9530a6d135Waves is missing from the analysis. Can anyone guess why? |
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Doesn't "Forging" introduce new Liskas in the ecosystem?
We might have a small initial pamp but more supply could also mean lower prices, no?
But in order to forge a lot of it must stay off of the exchanges so I think even more LISK will leave exchanges in the upcoming days, building up buy walls. Thing is that there are people with tons of coins, they could just sell off while they have another amount saved from forging. There will be so much lisk being sold the market wont handle it, already can't just look at the support. When will icon start selling the lisk, anyone know? Lisk will probably be the last one they will use. General speaking, it will be fiat first, then BTC, ETH and Lisk |
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Looks like it is about 24 hours before forging can start with LSK. https://lisk.io/And why do you post that here? This is Iconomi. Maby cos LSK part of ICONOMI ICNX structure ...  I don't hold a single LSK, but if Lisk goes up, so does our Dividends from ICONOMI.INDEX. So Go Lisk Go ! Dividends from ICNX and any other passive managed fund will not be generated based on that fund performance, but from the total amount of money invested into the fund. So for you and me to get higher dividends from ICNX, the only think needed is a lot of money invested in it. |
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Do you know what is the price of btc in Nigeria?
1250$+
I could buy from US and cashout in Nigerian bank if i had a Nigerian Bank account..
I wouldn't. Why not? Personally, I don't trust banks, and even less a Nigerian one. They can freeze your money in a second |
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Do you know what is the price of btc in Nigeria?
1250$+
I could buy from US and cashout in Nigerian bank if i had a Nigerian Bank account..
I wouldn't. |
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hey ICN you enjoying all them funds? where's the party? re. the ETH or BTC........well, that all depends but honestly BTC until ETH gets their shit sorted (which will be never) so BTC wins. BUT, when the new WBB rebrand+v5 wallet is out....THAT will be a contender. some people are always afraid to get into new things such as ETH. they are comfortable with BTC even when its platform is a dead end. as compare to ETH where theres all possibilities to going mass adoption, platform for programming where the future is. ETH? You mean that shit that needs to FORK every other minute either voluntarily or by accident Is the Future? fuck meeeeeeeeeeeeeee Holy Christmas Ballz! You sir are correct! These ETH zealots don't even get what's happening. ETH is collapsing in on itself like a a burnt out star. Sure BTC has the blocksize debate, but there are so many great things coming alive in the BTC world. 2017 will be the year of BTC. Regardless of who wins ICN should win, and maybe have alternate plans for a different platform just in case.Yeah, I should agree with it. I may think to consider if ICN was becoming safe assets right now, The ETH has made it broke soon, The team need to think about the second plan for that. WTF are you all talking about. Ethereum is doing fine. Hardfork fixes went trough and it's the most developed Blockchain with the best developers behind it. I don't think we need a backup plan!!...or maybe i see someone here that tries to drive the price down to buy more cheap ICN I think that you guys need to stop making a competition between BTC and Eth. I don't see why both chains can't co-exist and address different use-cases. Each chain will have its own set of apps and services that will better fit that chain. Not every service needs relative expensive ultimate immutability backed up by energy platform, like the Bitcoin blockchain offers. Some services may want to trade that for agile and flexible platform. It is still way to early to tell. Bitcoin just starts to develop top/side layers, and Ethereum is still in its unstable beta stage. You know that the Internet is not TCP/IP only, right? We have UDP, TCP-Streaming and other protocols as well. But for fuck's sake, can you stop with that Bitcoin is old, obsolete and the rest of the BS?? I don't think we need a backup plan!! You ALWAYS need a backup plan! What's wrong with you? I posted a similar question here: https://www.reddit.com/r/ICONOMI/comments/5f036r/ethereum_network_stability_as_the_infrastructure/ |
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ICONOMI team isn't much bothered to increase icn price for you. Their aim is to establish Iconomi.
They Iconomi team members cannot sell their icn for 6 months.
Of course ... that is why they are not pushing ICN onto decent exchange ... because they would not profit from this move. Of course they couldn't have said this during ICO ...
I don't understand you. Why do you think ddos attack, hack are usual crypto scenario? There are many companies running without being hacked till now.
This is how things work in crypto ... because of anonymity: you ask for money to do some very special thing. You take the money ... and in the end the big bad hacker fucks your business ... you cry and say sorry guys ... and that's it ... Tell me ... if their idea is so fucking great, why didn't they ask for a loan ? Well ... because is a bit complicated to do funny things when you ask money form the establishment. What can we do in order to control them (as they are actually using our money)? Nothing ... we cannot even force the fuckers to put this on a decent exchange. What do you think you will be able to do to them if tomorrow they will come and tell ... well its all gone .. sorry. Strange, I was sure this cry baby troll is already in the ignore list.. Nevermind, all fixed now |
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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?
are you joking ? .... ) ... you wanted to say 0.01 ETH / 1000 ICN maybe ? at 1 ETH / 1000 ICN you would get ROI in a few weeks ... which is not happening anywhere in crypto. I actually think its reasonable to get 1 eth per 1k ICN. thats how much it may just be. I even think for a month so if you have about 10K ICN, you get 10 ETH per month. That will make people buy more ICN in the end, this is how ICN can have high demands. People may either dump or buy more. That's an awesome Crystal Ball you got there. Can you ask it when 1 ICN will be equal to 1 lambo please? Thank you. You didn't read what i wrote, did you? so you think its really huge to earn 1ETH per 1000 ICN. But then maybe its enough for you to receive 1ETH per 10K ICN is also a good rate. you still can buy a lambo, just save your earnings till it reach millions for a lambo. Its not that hard to save anyway. 1ETH per 1000 ICN means $0.01 per ICN (assuming eth=$10) That means Iconomi weekly profits need to be 1M usd. We have a very long way to get there |
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I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits.
Why not pay from ICO money? From 10 mil $ you pay 1-2 mil $ dividends for some time, price is increasing because of the and because hopefully they will add it to Polo in the end, because hopefully they are not retards, then the token gets pump to 5x they sell their share => a lot of profit ... and after a couple of months they just disappear with the usual crypto scenario: big bad wolf (sorry ... hacker), ddos attack ... they get the ICO money + some extra profit, those that sell at 5x also make a nice profit ... and then the bag holder will remain with some useless tokens to brag about and dream on lambos and the moon. Jeesss ... you are such a child .. is like you are new to crypto. Why not paying dividends from ICO money... hmmm, do you even know what dividend means? hint: it is a payment to company shareholders from the company profits. |
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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. So you should open your own fund for people to invest into it. You will make money, get more dividends as ICN holder. You see how powerful this is going to be? |
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...
Donno why I get myself into these meaningless conversations..
You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.
Really didn't get what this conversation is about.
It's because you're not precise, mixing things up, and constantly changing the scope of the conversation. Let's not continue to avoid more mess. However, it's interesting how do you calculate that your investment is profitable? Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit? at 1700, I don't think he gained that much, it depends to how much ICN he had. trading isn't that simple that you can sell the whole quantity you got a the same time. 24k has its sell wall so he should have set it there as well to gain. Now you see :-) I said "you bought a coin" and electronicash replied "it depends to how much ICN he had" - so he has changed the scope, and we're going nowhere again :-) Like I said - meaningless |
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The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here It would be interesting if they promised to pay dividends in USD. Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own. No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately. I don't see any problem here. Yes, I can do it, but Iconomi must buy ETH to pay dividends. If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH. If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH. uuh, what? Dividends are distributed from realized profits. If they already made profit, why would they buy eth? At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M For instance: ICN bought Golem. If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right? They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision. Paying dividends in fiat?  Are you serious? BTW - I doubt Iconomi will use Liqui to sell Golem I never said they will use Liqui - read that sentence again please. Also, I never meant they pay dividends in fiat - just said that BTC rise would matter IF they promised to pay in USD. Obviously 200k ETH can be used for dividens (for the start), but they will need more ETH. You seam to be missing long term perspective. It doesn't really matter what they have now, but in long run they will need to track many exchange rates from/to many cryptos. Profitability of their operations will depend on the performance of their holdings, and countless exchange rates. Donno why I get myself into these meaningless conversations.. You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing. I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money. Really didn't get what this conversation is about. |
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The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here It would be interesting if they promised to pay dividends in USD. Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own. No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately. I don't see any problem here. Yes, I can do it, but Iconomi must buy ETH to pay dividends. If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH. If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH. uuh, what? Dividends are distributed from realized profits. If they already made profit, why would they buy eth? At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M For instance: ICN bought Golem. If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right? They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision. Paying dividends in fiat? Are you serious? BTW - I doubt Iconomi will use Liqui to sell Golem |
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