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the Proshhupajut platform
What is that?
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Finally the price had fly up more than $2 there is no stopping this train anymore just when the platform is going to be released. I'm not part of the ICO but I wish to use the platform soon for my portfolio. Congrats to the holders!
Thanks! |
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Hello, i have bought some icn from kraken, and I don't have experience with ethereum. so can someone answer my questions what is the best ethereum wallet ? how to send my icn tokens from Kraken to an ethereum address? thank you for your time and effort  i have a mist account but https://www.myetherwallet.com/ is good holds eth and tokens, you need some eth in it to send tokens. thank you for your help but www.myetherwallet.com is an online wallet and i don't want to use it because many people says : "don't trust an online wallet because the owners of this kind of wallets can steal your tokens" MyEtherWallet doesn't store anything online. It does everything on your own computer. The types of online wallet people warn against are where you have a username and password, but the website controls the access to your funds. With MyEtherWallet, you aren't trusting a website with your funds. They only use the website to provide you with the software which generates your wallet. It is you who will have full control over the wallet it generates. Hope that makes sense. thank you for your explanation now i know that myetherwallet.com is safe As safe as your PC is. Don't forget that |
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What about $QRL? Anybody think that is gonna be a hedge for the August 1st issue - whatever this issue is that I'm apparently ignorant to (can somebody link something about this? Not the platform release that is)
Google 'bitcoin august 1st'... Not trying to do a LMGTFY. It's just probably the best way. It's just more bitcoin scaling, "will it fork?" chatter, related to segwit and the UASF (user activated soft fork) http://www.uasf.coDepending on the outcome, we could see bitcoin surge, and alts crash, or vice versa... or maybe an exodus to Ethereum. Googling is best though, 'cos there's a lot of discussion out there. Nothing much will happen on August the 1st, besides Iconomi goes live. Personally I don't see BTC hard forks. And Roger can go to hell |
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With each passing day, the technical debt of many projects is increasing. Very few, if any, have a working product or service. But that's not even the worst part. When/if they DO come out with a 'working' product or service, you will witness the greatest problem to be slammed down on all of crypto: no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER, people only want fuckyoumoney returns on their 'investment'. This realisation, that the market consists predominantly of investors and not people actually wanting to use the blockchain tech, will send everything tumbling down save for the FEW and RARE serious projects.
Out of interest, which projects do you think are the serious/useful ones? I see you're into Factom. I think your perspective is interesting, so if you were to convince an Iconomi holder to sell, what would you recommend they hold instead? So the focus is on identifying projects that offer a real solution to existing problems. 1. Anything that taps into existing multi-billion/trillion markets, like Factom. Gotta make sure to do your due diligence. Serious team? Serious technology behind it? Any progress? Factom targets various industries, including the mortgage industry (2 trillion market cap in US alone), already in contract negotiations with major institutions. Backed by Tim Draper, etc. Be very careful about projects that try to create new demand. Take the more recent Primalbase for example. Very shocking idea. 2. Privacy. Crypto is creating new millionaires each day. They're gonna want to hide their shit somewhere. Bitcoin is not anonymous, look at all the rising chain-analysis stuff. Monero is good, but a very long-term hodl. Dash & Cloak are shit. These two points are key. Anything else is pure hype and speculation. Ethereum has turned into nothing more than a token creation platform for ICO scams. That's not to say you shouldn't make use of it. Dump some fresh FIAT into ICO scams each month (no more than a couple hundred bucks each) and you'll do well enough until everything goes to shit. Pick the ones that have super cool ''advisors'' and guys with beards on their team. And why you don't see Iconomi fits into the same definition as factom? Fund managing is quite big Iconomi is not as potentially decoupled from crypto as Factom. Factom value is based on protocol use by actual clients (sky is the limit if they capture even a small share in say the mortgage market), Iconomi derives its value from how well crypto is doing and with the growing risk of a bubble collapse, that's not something you want all your money in. Factom is a blockchain-based solution. If btc or ether go south, it will affect the entire crypto sphere, factom included. No way bitcoin and/or ethereum will report some major problem and people outside of crypto will keep using factom for their non-crypto use case. The crypto space is not that mature. It may happen in 5 or more years from now |
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I am selling Iconomi account for 40 ICN
and please Daparski this time dont try to sell your account
I am selling Iconomi account for 39 ICN |
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With each passing day, the technical debt of many projects is increasing. Very few, if any, have a working product or service. But that's not even the worst part. When/if they DO come out with a 'working' product or service, you will witness the greatest problem to be slammed down on all of crypto: no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER, people only want fuckyoumoney returns on their 'investment'. This realisation, that the market consists predominantly of investors and not people actually wanting to use the blockchain tech, will send everything tumbling down save for the FEW and RARE serious projects.
Out of interest, which projects do you think are the serious/useful ones? I see you're into Factom. I think your perspective is interesting, so if you were to convince an Iconomi holder to sell, what would you recommend they hold instead? So the focus is on identifying projects that offer a real solution to existing problems. 1. Anything that taps into existing multi-billion/trillion markets, like Factom. Gotta make sure to do your due diligence. Serious team? Serious technology behind it? Any progress? Factom targets various industries, including the mortgage industry (2 trillion market cap in US alone), already in contract negotiations with major institutions. Backed by Tim Draper, etc. Be very careful about projects that try to create new demand. Take the more recent Primalbase for example. Very shocking idea. 2. Privacy. Crypto is creating new millionaires each day. They're gonna want to hide their shit somewhere. Bitcoin is not anonymous, look at all the rising chain-analysis stuff. Monero is good, but a very long-term hodl. Dash & Cloak are shit. These two points are key. Anything else is pure hype and speculation. Ethereum has turned into nothing more than a token creation platform for ICO scams. That's not to say you shouldn't make use of it. Dump some fresh FIAT into ICO scams each month (no more than a couple hundred bucks each) and you'll do well enough until everything goes to shit. Pick the ones that have super cool ''advisors'' and guys with beards on their team. And why you don't see Iconomi fits into the same definition as factom? Fund managing is quite big |
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Out of the performance fund, right? yep, ICNP investment |
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Quote me in two to three months. ICN platform failure will signal the start of the entire ICO bubble crash.
What kind of failure, ICN worth a lot more than the ICO price mate. With each passing day, the technical debt of many projects is increasing. Very few, if any, have a working product or service. But that's not even the worst part. When/if they DO come out with a 'working' product or service, you will witness the greatest problem to be slammed down on all of crypto: no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER, people only want fuckyoumoney returns on their 'investment'. This realisation, that the market consists predominantly of investors and not people actually wanting to use the blockchain tech, will send everything tumbling down save for the FEW and RARE serious projects. Your signature is a prime example of the issue, one I predicted in early 2016 and this year being the culmination before the inevitable crash. Slap together a 'whitepaper', throw around terms like 'disrupt', 'immutability' and 'powered by blockchain technology', add some 'advisors' (like Max fucking Kordek or some obscure Russians) and voila, rake in the cash of noob investors, never release a viable product or attract a serious target audience and run away when the bubble bursts. Where most of the current ICOs are using a lot of buzzwords and probably won't deliver anything useful besides a tough lesson to their investors, you are missing both the big picture and got it all wrong about Iconimi. With each passing day, the technical debt of many projects is increasing. Have you even bothered to check the book value of Iconomi? They have tens of millions worth of usd for operational costs, which should be enough for more than 5 years. That is mainly thanks to them not dumping their btc, eth, and lisk for $ fter the ICO like noobs, aka melonport, bcap, and taas. They cashed out a small portion of BTC that is enough for 2 years operational costs. no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER LOL, that's even more absurd. ETFs, mutual funds, index funds, hedge funds - not a real use case here. Definitely not a lot of money in it as well, right? About the rest - Who are you to say what waves, golem or any other crypto startup will or will not deliver and how it will be used by people? If you don't believe in crypto what are you doing here? Go back to your moldy, corrupted and broken fiat system and kindly wait for your transaction to be cleared in 5 business days |
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In my opinion, we are at the very beginning at the very beginning of the beginning.
It can very quickly rise in the months to come.
Personally I keep buying as much as I can.
I can see the ICN at $ 15/20 by the end of the year.
But this is only for me.
If strong hands like you keep buying and holding, it will eventually push the price further up and your target $15/20 can be achieved. The problem is that ICN with 80 million circulation is spread widely among people and many of them are week hands who sell at smallest pump. No worry will happen as with ETH, with time everything will smooth, and strong hands will recover more beautiful than weak hands who will have lost money. EDIT : Everything is a matter of time and balance yep, I agree. It took 2+ years for ethereum to take off. Building strong foundations take time. I think the more people sell now, the better it is for the long term. Tokens need to exchange hands and if someone that bought at $0.25 sells at $2.00 for profit - there is nothing wrong with that. Choosing 2-3 solid projects and hold is a better approach than flipping, at least to me. |
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As an amusing side note (regardless of which is right or wrong) if Iconomi's original plan was to buy straight from the market, I bet you would have said "Hey guys! Maybe Iconomi should just place support bids instead! What do you guys think?"  And I'd be right to. I don't mind the assertion that I would always think outside the box It's not like I disagree with every single move Iconomi makes. But there are people who will blindly follow, without considering alternatives, as well you know! Anyway, on this particular issue, I'm still undecided. I imagine it has occured to Iconomi already, and they probably reached similar conclusions to what you said above. Enjorlas likes the idea though! Now I feel bad for telling him he's a useless moonkid with nothing of any value to say  What do you think of his comment? But one thing is for sure, if Iconomi doesn't start market buying with their profits, they will quickly have $millions worth of assets backed up sitting in buy orders on exchanges. For example, there is only around $1,000,000 worth of ICN for sell on Kraken at any given day, but the ICNP is already sitting on a potential $9 million worth of buybacks if they break even on all sold investments. If they don't use some to market buy and move the price, nobody would ever sell.
there is the rule of max 20% of daily volume ( I think it was 20%) for buybacks. So in theory they could get into a "problem" where they have too much profits to burn. As we saw until now, the team is not afraid to adjust and move accordingly to the landscape instead of remain stagnant. As we saw in the last months, some liked the new approaches and some liked less. But we can all agree that they are proactive and have a healthy portion of out the box thinking. Also, I really don't see Jani or anyone from the team sitting and placing buy orders all day. They probably have build a bot for that |
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Instead of investing in many ico one should buy icn but they do not give share in ico tokens.
CoinDash will give you share in ico tokens which they would invest in.
woot? Do you even know: 1. What you even said? 2. What Coindash is about? |
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Yes. Buybacks means constant buy support in the market.
Wonder what would my uncle say about this
Moi? Let's put other arguments aside, and focus on a more constructive discussion... The buy back orders are apparently only going to be placed below the last price - which I'm not entirely sure on... For example, I came across this 'APX ventures', who are using a buyback system too, but their approach is different: 70% will go towards market buys on exchange
20% will go towards buy support @ 10% below market price.
10% will go towards the APX Liquidity Fund (ALF) which will held as BTC off-exchange, available for anyone to access if they wish to convert their APX for BTC without disrupting the market.
All APX acquired through this process will be verifiably burned.
Source: https://drive.google.com/file/d/0ByqyVzIU5PtFLXp2UGZPcUFYd1U/viewThe liquidity fund idea is interesting, but I'm mainly drawn towards the fact that they will offer market buys, as well as buy support. I'd be interested in people's thoughts on this approach - is it better or worse? Has this been discussed on the slack at all, or with the team? No, it hasn't been discussed in slack. Personally I don't love the idea of market buy - it creates artificial price pump. I like the idea of placing buy orders bellow the highest market price much more. Liquidity fund as OTC as a service? Actually it sounds interesting |
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Yyyes! $2 at kraken! this is just the start and would fly eventually just as we expect. platform isn't yet available to everyone, how much more can it go when its accessible for the public. is the role of ICN in the platform already known?
http://imgur.com/aDMe8MWMay help FEES - Operating Costs= Buybacks of ICN Thought i read somewhere that the buyback is only temporary EDIT. jumped on slack and asked, so buyback is permanent at 20% as stated in last AMA You still mixed it up a little bit ICN token holders benefit from several revenue streams including 20% of ICNP realized gains, a 3% yearly ICNX management fee (deducted every 6 hours from underlying assets) and 0.1% entry/exit fee. Fees will also be collected from all future Digital Asset Arrays (DAA) created on the ICONOMI platform. That is a great concept, but how would token holders benefit technically? By ICN buyback and price increase? Yes. Buybacks means constant buy support in the market. Wonder what would my uncle say about this |
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Yyyes! $2 at kraken! this is just the start and would fly eventually just as we expect. platform isn't yet available to everyone, how much more can it go when its accessible for the public. is the role of ICN in the platform already known?
http://imgur.com/aDMe8MWMay help FEES - Operating Costs= Buybacks of ICN Thought i read somewhere that the buyback is only temporary EDIT. jumped on slack and asked, so buyback is permanent at 20% as stated in last AMA You still mixed it up a little bit ICN token holders benefit from several revenue streams including 20% of ICNP realized gains, a 3% yearly ICNX management fee (deducted every 6 hours from underlying assets) and 0.1% entry/exit fee. Fees will also be collected from all future Digital Asset Arrays (DAA) created on the ICONOMI platform. |
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B-b-but no communications
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From yesterday im trying to withdraw my ICN from jaxx and/or from myetherwallet but getting this error each time " Warning! Error encountered during contract execution [Out of gas]"
1. I do have ETH in my wallet
What could be the problem?
Thanks
do you have ether in the same ICN address? |
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If someone (no names mentioned) sent ICN to Kraken but put in the ETH address rather than the ICN address,
is there any hope of recovery ?
Put in a support request to Kraken, no response yet.
try their reddit or twitter. Hope it will help and be resolved fast |
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Hi. I read about this coin in other forum. Good to know iconomi is doing great now. Wish I can have coins like this.
hmm, you can. It's a free market |
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Take your buybacks and shut the fuck up about this "utility" buzzword bull shit. ICNP is already up to $42 million which is enough in buybacks to buy the ICN on Kraken sell side 5 times over.
And yeah, that's JUST for ICNP.
Is $ appreciation of the uninvested BTC, ETH, and LSK that Iconomi has been holding since ICO counting towards buybacks? No, only realized profits from invested assets go towards buybacks. From the ICNP, around 1/3 of total assets are currently invested. Will write it one more time (anyway have some time to kill in the train): ICNP will kick in big time next year, when most of the seed money investments will be sold. Once ICNp gets into the cycle of steady profits realization, it will burn 1m USD every month. ICNP is a sleeping beast, those who hold and wait patiently will be rich AF in 12-18 months |
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