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821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 04:48:49 PM
Where is this ICN trading at?   If they invested in wings... I want some ICN! 

So how does this work? Does the ICN team decide when and what to sell or is it a colaborative decision based on investors?

Sometimes, it's best to hold or HODL coins for massive returns instead of dumping at the end of a crowdsale.

Is there a minimum holding time?  I would assume since its a "Fund Management" that it would give these new coins atleast 1-2years before considering a sell-out

ICN is currently on Kraken and Liqui.
Iconomi decides where and how much to invest from the performance fund (pre-seeded with approximately 4.5M usd) - they are the fund managers. 20% of the profits will be distributed back to ICN holders as dividends. The team does not announce where and how much was invested before the relevant ICO is closed.

Quote
I would assume since its a "Fund Management" that it would give these new coins atleast 1-2years before considering a sell-out
It is your decision, I can tell you that many of the token holders are here for mid-long run - see etherscan. 67.5% are still on Iconomi (cold storage) and few of the biggest whales are either holding or hodling
Personally, I think that this project has a fair chance to become huge, so I am in no rush to sell anytime soon (your 1-2 years estimation is pretty much as mine).
822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 02:27:22 PM
And the mini buble of today is bursting, it will go back to 0.000240 - 0.000250 mark by the end of the day.

Edit: Sold at 275, bought at 240, nice Cheesy

thank you dear dumper for filling up my last order @0.000234
823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 01:25:44 PM
Kraken, are you okey?
Kraken is kranken
824  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 01:24:45 PM
Has the team stated when the first part of their platform will be ready?

No. Just that it will come 2017. There is no date for that so far. The index and the performance funds are started already as announced.

No. The performance fund is active with its first funding in Golem project. No direct way to invest into it for now.
The index - ICNX is not active yet, but is expected to become available for the public to invest into already this year.

Index fund is working from months. Although it is just like a model until now. Final touches are being made to it. It shows us the expected returns we would have got if we invested in index fund.

Maybe they have also invested some performance fund money in Wings Huh

Quote

Index fund is working from months

Sorry, will have to say No again.
Index fund is actively tracking its underlying assets for months and "working" in a sense of re-balancing.
As long as it is not open for investors to buy into the index, it is not really working.
ICNX is a service, and as such, it is not open for use yet.
825  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 01:11:53 PM
A nice rise right now, nearing 27k, sell wall at 27.5 though

https://cryptowat.ch/kraken/icnbtc/15m



I hoped to scoop some more ICN at 0.000234 BTC
Guess won't be able to
826  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 21, 2016, 01:10:40 PM
Has the team stated when the first part of their platform will be ready?

No. Just that it will come 2017. There is no date for that so far. The index and the performance funds are started already as announced.

No. The performance fund is active with its first funding in Golem project. No direct way to invest into it for now.
The index - ICNX is not active yet, but is expected to become available for the public to invest into already this year.
827  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 06:08:20 PM
what was ETH ico price?
<ICN launched at> $0.1257, $605 BTC price. Don't know about ether, I invested in BTC.

ETH launched mid-2015 for $0.30 with $290 BTC price.  Today ETH has dropped to around $9.60, so it is at 32X the launch price.

Currently ICN is at $0.1712 or up 35% from its launch price. 

I guess I answered to different question. Didn't see it was about Eth ICO
thanks for correcting
828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 05:40:01 PM
ICN just jumped a spot on LISK.  

I think these two will swap places a few times unless there is a bull run on ICN

No 16 now.

http://coinmarketcap.com/#USD



i really want to see first past waves then augur and then XMR. beating xmr will be icing in the cake. if we reach $5 mark we will be 3rd highest market cap... and to be honest I am in it for the long run and really do believe this will surpass the current eth value and top $10 but then eth will be in the $15 to $20 range too.

I am just wondering has there been any articles on iconomi anywhere?

I think we can do with some pubilicity.


oh BTW some one fucking slice through that 37k sell wall 0.000245 ITS FUCKING IRRITATING ME!!!!

I also think Iconomi will take #3 spot behind Ethereum, and it may push the Ethereum market cap higher by being the "killer app".

All the other Ethereum apps seem very hypothetical.  Creating groundbreaking new tech then hoping a demand comes after the tech is built.

ICN is the only one that is filling an obvious pre-existing demand for professional crypto fund management.


Hope that iconomi could really take the #3 spot of ETH Tho


People can invest with fiat
PR team sits on Wallstreet and is builds some connections

If the funds get 200+ Million, then ICN price of 10$ is no problem at all

$10 price is roughly almost 80x ICO price ($0.1257) and approximately 55x from current $ price. For that you need a market cap of ~835M usd


Well, for 10$ you actually need a market cap of 1 Billion, because we have 100 Million ICN. But if people pay in 200+ Million $ into the funds, it makes ICN more valuable (dividends). The more value the funds have, the more value ICN will have.

"200+ Million $ into the funds..."
I have the feeling that when it happens you and me (and many more) will be financial independent.

$200 million fund is a great call, if/when that happens even someone holding 1000 ICN tokens will be rejoicing

Iconomi Won't be operating in the US so forget the Wall Street buddy!

As long as government gets insights and can tax on it I see no problem there
I see problem in here. Government can decide to put high taxes on crypto because is unregulated and that can kill it

I don't.
Crypto and bitcoin services, such as exchanges, are already regulated and compliant. Iconomi will be no different.
One thing that will have to change is that people will need to accept that crypto will not be the wild wild west for long. It cannot be, neither it should.
So just like one pays taxes on profits from stocks and other "traditional" investments, it will be the same with crypto profits.
If you think you will make a pile of money and wont pay taxes - keep dreaming, or keep hiding.
829  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 05:28:21 PM
if bitcoin start to consolidate at this price 720~ we might see a good spike in icn price. ICN is an "altcoin" too(token, i know) and with that, bitcoin pump have a big influence in icn price.
other coins/tokens are melting and ICN still at good price(a quick dump under ico but now it's up again) and holding. imagine what will happen when bitcoin settles.

Quote
imagine what will happen when bitcoin settles

I think ICN price will be driven by the product quality (Iconomi platform and Iconomi indexes - ICNP and ICNX) much, much more than bitcoin price or speculations.
Currently, as the product is not ready yet, the speculations are playing a major role in ICN price. That will change once people will start using the platform and invest into the funds.

Good product-->large user base--> more funds managed on the platform-->higher dividends
And then based on the fundamental  law of accumulation by Adam Smith, profits go back to production:
-->more platform features-->even larger user base--> even more funds managed on the platform-->even higher dividends-->...

Daparski, please I will like to know if you are working for ICONOMI in any capacity, you always seems to have answers to every issue raised concerning ICONOMI platform but your assumption of law of accumulation coming to play will be interesting to watch out for.

No, I don't work for Iconomi. I am not on a payroll, I was never paid or asked by them for my posts or anything else I do.
Smiley

Since I really like the concept of Iconomi project, and I think that the timing for such a platform is right on spot, I did my due diligence thoroughly.
I can say that the more I look how the project is managed - the team (especially the team), communication with the community, new members that were hired, and pretty much everything around it, I am even more positive about the outcome.

Like MoveCrypto said - it is the only project out there that is not trying to invent, or build a complicated concept, and only then to hopefully build the demand and the market around it.

Iconomi will be a KILLER simply because:
a. There is a REAL demand and a REAL market out there. Iconomi are not inventing anything new, neither they focus on a niche, such as privacy.
b. The team is A+ and has proven to successfully work together and build a working product(s). They literally have a working, fully compliant fiat to crypto gateway.
c. Time to market is very short, the project is very well funded.
d. Timing - blockchain-based products and technologies will be all around in 2017. Giant tech firms such as Microsoft (blockchain-as-a-service in Azure), IBM (https://www.ibm.com/blockchain/ and IoT), Thomson Reuters and many others are already at the door.
e. No real competition in the horizon.
f. The team is A+

Like I said, I am 100% "people first" approach (as oppose to "business first").

830  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 05:01:03 PM
if bitcoin start to consolidate at this price 720~ we might see a good spike in icn price. ICN is an "altcoin" too(token, i know) and with that, bitcoin pump have a big influence in icn price.
other coins/tokens are melting and ICN still at good price(a quick dump under ico but now it's up again) and holding. imagine what will happen when bitcoin settles.

Quote
imagine what will happen when bitcoin settles

I think ICN price will be driven by the product quality (Iconomi platform and Iconomi indexes - ICNP and ICNX) much, much more than bitcoin price or speculations.
Currently, as the product is not ready yet, the speculations are playing a major role in ICN price. That will change once people will start using the platform and invest into the funds.

Good product-->large user base--> more funds managed on the platform-->higher dividends
And then based on the fundamental  law of accumulation by Adam Smith, profits go back to production:
-->more platform features-->even larger user base--> even more funds managed on the platform-->even higher dividends-->...

Bravo,,, I like the way you explained that.

what was ETH ico price?

$0.1257, $605 BTC price. Don't know about ether, I invested in BTC.
831  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 03:46:40 PM
if bitcoin start to consolidate at this price 720~ we might see a good spike in icn price. ICN is an "altcoin" too(token, i know) and with that, bitcoin pump have a big influence in icn price.
other coins/tokens are melting and ICN still at good price(a quick dump under ico but now it's up again) and holding. imagine what will happen when bitcoin settles.

Quote
imagine what will happen when bitcoin settles

I think ICN price will be driven by the product quality (Iconomi platform and Iconomi indexes - ICNP and ICNX) much, much more than bitcoin price or speculations.
Currently, as the product is not ready yet, the speculations are playing a major role in ICN price. That will change once people will start using the platform and invest into the funds.

Good product-->large user base--> more funds managed on the platform-->higher dividends
And then based on the fundamental  law of accumulation by Adam Smith, profits go back to production:
-->more platform features-->even larger user base--> even more funds managed on the platform-->even higher dividends-->...
832  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 03:06:36 PM
ICN just jumped a spot on LISK.  

I think these two will swap places a few times unless there is a bull run on ICN

No 16 now.

http://coinmarketcap.com/#USD



i really want to see first past waves then augur and then XMR. beating xmr will be icing in the cake. if we reach $5 mark we will be 3rd highest market cap... and to be honest I am in it for the long run and really do believe this will surpass the current eth value and top $10 but then eth will be in the $15 to $20 range too.

I am just wondering has there been any articles on iconomi anywhere?

I think we can do with some pubilicity.


oh BTW some one fucking slice through that 37k sell wall 0.000245 ITS FUCKING IRRITATING ME!!!!

I also think Iconomi will take #3 spot behind Ethereum, and it may push the Ethereum market cap higher by being the "killer app".

All the other Ethereum apps seem very hypothetical.  Creating groundbreaking new tech then hoping a demand comes after the tech is built.

ICN is the only one that is filling an obvious pre-existing demand for professional crypto fund management.


Hope that iconomi could really take the #3 spot of ETH Tho


People can invest with fiat
PR team sits on Wallstreet and is builds some connections

If the funds get 200+ Million, then ICN price of 10$ is no problem at all

$10 price is roughly almost 80x ICO price ($0.1257) and approximately 55x from current $ price. For that you need a market cap of ~835M usd


Well, for 10$ you actually need a market cap of 1 Billion, because we have 100 Million ICN. But if people pay in 200+ Million $ into the funds, it makes ICN more valuable (dividends). The more value the funds have, the more value ICN will have.

"200+ Million $ into the funds..."
I have the feeling that when it happens you and me (and many more) will be financial independent.

$200 million fund is a great call, if/when that happens even someone holding 1000 ICN tokens will be rejoicing

Iconomi Won't be operating in the US so forget the Wall Street buddy!

just like bitcoin exchanges won't operate in the US..
Can you share a screenshot of that crystal ball of yours?
833  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 12:25:16 PM
ICN just jumped a spot on LISK.  

I think these two will swap places a few times unless there is a bull run on ICN

No 16 now.

http://coinmarketcap.com/#USD



i really want to see first past waves then augur and then XMR. beating xmr will be icing in the cake. if we reach $5 mark we will be 3rd highest market cap... and to be honest I am in it for the long run and really do believe this will surpass the current eth value and top $10 but then eth will be in the $15 to $20 range too.

I am just wondering has there been any articles on iconomi anywhere?

I think we can do with some pubilicity.


oh BTW some one fucking slice through that 37k sell wall 0.000245 ITS FUCKING IRRITATING ME!!!!

I also think Iconomi will take #3 spot behind Ethereum, and it may push the Ethereum market cap higher by being the "killer app".

All the other Ethereum apps seem very hypothetical.  Creating groundbreaking new tech then hoping a demand comes after the tech is built.

ICN is the only one that is filling an obvious pre-existing demand for professional crypto fund management.


Hope that iconomi could really take the #3 spot of ETH Tho


People can invest with fiat
PR team sits on Wallstreet and is builds some connections

If the funds get 200+ Million, then ICN price of 10$ is no problem at all

$10 price is roughly almost 80x ICO price ($0.1257) and approximately 55x from current $ price. For that you need a market cap of ~835M usd


Well, for 10$ you actually need a market cap of 1 Billion, because we have 100 Million ICN. But if people pay in 200+ Million $ into the funds, it makes ICN more valuable (dividends). The more value the funds have, the more value ICN will have.

"200+ Million $ into the funds..."
I have the feeling that when it happens you and me (and many more) will be financial independent.
834  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 11:17:57 AM
ICN just jumped a spot on LISK.  

I think these two will swap places a few times unless there is a bull run on ICN

No 16 now.

http://coinmarketcap.com/#USD



i really want to see first past waves then augur and then XMR. beating xmr will be icing in the cake. if we reach $5 mark we will be 3rd highest market cap... and to be honest I am in it for the long run and really do believe this will surpass the current eth value and top $10 but then eth will be in the $15 to $20 range too.

I am just wondering has there been any articles on iconomi anywhere?

I think we can do with some pubilicity.


oh BTW some one fucking slice through that 37k sell wall 0.000245 ITS FUCKING IRRITATING ME!!!!

I also think Iconomi will take #3 spot behind Ethereum, and it may push the Ethereum market cap higher by being the "killer app".

All the other Ethereum apps seem very hypothetical.  Creating groundbreaking new tech then hoping a demand comes after the tech is built.

ICN is the only one that is filling an obvious pre-existing demand for professional crypto fund management.


Hope that iconomi could really take the #3 spot of ETH Tho


People can invest with fiat
PR team sits on Wallstreet and is builds some connections

If the funds get 200+ Million, then ICN price of 10$ is no problem at all

$10 price is roughly almost 80x ICO price ($0.1257) and approximately 55x from current $ price. For that you need a market cap of ~835M usd
835  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 09:31:15 AM
ICN just jumped a spot on LISK. 

I think these two will swap places a few times unless there is a bull run on ICN

No 16 now.

http://coinmarketcap.com/#USD



i really want to see first past waves then augur and then XMR. beating xmr will be icing in the cake. if we reach $5 mark we will be 3rd highest market cap... and to be honest I am in it for the long run and really do believe this will surpass the current eth value and top $10 but then eth will be in the $15 to $20 range too.

I am just wondering has there been any articles on iconomi anywhere?

I think we can do with some publicity.


oh BTW some one fucking slice through that 37k sell wall 0.000245 ITS FUCKING IRRITATING ME!!!!

I think it is too early for that. We need the toolbox called Iconomi to have few tools ready first. Before that it can bring more speculations at best. There is more than enough of that in crypto already.
Once we have the platform ready this year, we can start. The big step forward will be OFM though. A good, easy to use and secure OFM will be HUGE.
836  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 08:37:12 AM
I hope, they invest into WINGS ICO.
Sounds like a good idea and I invested some Btc there, too.
It will be a good time until the end of the year.

most probably they will, wings looks really promising and the crowdfund amount would be almost same like iconomi maybe xd

wings looks like any other worthless ICO. they are far too late for this in my opinion

why do you say that? Too late for good DAO implementation?
837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 20, 2016, 08:20:20 AM
If iconomi is to really suceed, the whole cryptoworld has to stop being speculative pumps and needs to start having some real value. The way i see it only bitcoin as a crypto gold standard an ethereum who has a few dapps are worth something at the moment. We need real businesses in crypto and real life everyday use cases if we are to get really nasty rich. What do you guys think?

There is a big difference between alt coins and app tokens. Iconomi, especially ICNX will invest in app tokens, and not alt coins (which are basically shit coins).
And more specific to your question, @snkns answered it really well on one of my reddit posts, see here:
https://www.reddit.com/r/ICONOMI/comments/5df4ow/icnx_question/
838  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 19, 2016, 08:23:29 PM
Full page Kraken ad in this week's Economist magazine

...

it doesn't look like they mentioned ICONOMI there, its kraken's ad only. but sure though it brings fiat to the crypto. it does look good.
I do hope the rest of the investors who will try checking kraken will also see the opportunity awaits when they give ICN a try.

It will be good for ICN if Kraken add ICN/Euro/Dollar pair

Yeah I wonder when they'll add that.

Kraken will add ICN/USD & ICN/EUR when 20 people request it from their support.
We should start a campaign for this... Who's in?

I'm in

Me too.

https://support.kraken.com/hc/en-us/requests/new

And done!

Request completed. Are you sure they will add when 20 is reached?

Completed is as well  Smiley
839  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 19, 2016, 07:45:07 PM
Full page Kraken ad in this week's Economist magazine



At the moment I saw this it reminded me something that Zagar told a while ago:

Quote from: ICONOMI
[...]
Additionally to that. I was in NYC last week and lawyers there talk 6 digit figures and our PR agency is located right on Wall Street - they for sure are not the cheapest - but are very much needed.

Not implying anything but maybe the Kraken/ICONOMI relationship goes deeper than we thought...

It was Jani, not Tim.   Smiley

How is that related to Kraken, btw?

Regardless, I think that if/when Iconomi will cooperate it will be very good for both sides. Looks like both companies share very close vision.
Definitely a good potential match.
840  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 19, 2016, 12:46:16 PM
Full page Kraken ad in this week's Economist magazine



it doesn't look like they mentioned ICONOMI there, its kraken's ad only. but sure though it brings fiat to the crypto. it does look good.
I do hope the rest of the investors who will try checking kraken will also see the opportunity awaits when they give ICN a try.

It will be good for ICN if Kraken add ICN/Euro/Dollar pair
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