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it's not in their interest to do that... the lower the value of ICN, the more they can burn, so that the value of BLX,ONE and what else can go up...
And what about those who participated in the Iсo and who have only icn? they're screwed! Yep, we are screwed... They are deleting my post... Yep, my post about me having a feeling that Iconomi Team buying back their Team tokens at expensive price with profits from Index was deleted as well. Their tokens were locked for 6 month, right? Why exactly after that period prices were at all-time-high? They don't answer my questions about BCH as well... are not transparent about buyback..etc...and this latest news, was again more about Columbus than anything else. I made a huge profit with Iconomi...thanks for that, but I want to see for what price they bought back tokens, and at the same time, at what price they sold their own Team Tokens. Why questions like that get deleted? |
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but this never happened... or did you see a portion of Bitcoin Cash added to BLX? I'm not...
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I still didn't get an answer what happened with Bitcoin Cash in BLX. it was clearly said we will get it in the index. No response here, and they do not respond on my e-mail requests. For me it looks like they had an exit strategy from the beginning. It's now Columbus Capital and not really Iconomi anymore.
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Interesting project. Already part of signature campaign.
Are you really based in the Crypto Valley of Zug, or as many Crypto Companies have only a PO Box there?
I wish you success. Good luck.
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN. is clear that you don't understand what is going on, so do me favour and read this article and stop the fud. https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530feI can read...and I can do math.... but you seem to be naiv. Why Fud?? I loved the project.... my ICN's were on Iconomi site since ICO.... but today transferred to Exchange. Now only day trading. No more holding. With Dividends, I would have to do nothing.... just getting ETH every week. Now I will have to see if price went up, have to sell some, do calculations to maintain % of Iconomi etc. Good for Iconomi, bad for Investors that wanted mainly ETH as dividends. As more as I think about, more I think I gonna sell all my tokens. Take this nice profit from ICO and buy back into ICNX or ICNP. by all means, do it, sell it all, let me be a fool for buying them  I can see...one more child with 1 ICN...hahhaha.....Ok, will do, gives me over 400% Profit from ICO... more than good to me.... will be happy to buy them back later for 0.000250 again... and then sell them to you again for 0.0006 Wow, so you confess that your entire motive is to sell ICN at 60k+ satoshi then FUD campaign about "muh dividends!" to try to buy back cheaper for profit. Absolutely not..? My goal was to have as much ICN as possible to get passive income in ETH. I had until today untouched ICN on Iconomi and planned to hold long time. Besided I daytraded on Kraken to get more ICN. This is now not possible anymore to get passive income from Iconomi... I will have to actively check and sell, calculate my % of Iconomi etc...this was not what I bought ICN for. I wonder if somebody is not an absolut fan of Iconomi here, he's considered a FUDer... come on... |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.
Nothing like that was "promised" during the ICO. They presented a roadmap and fundamentals. Fundamentals haven't changed. You are not owner of the platform, you don't get to decide how the service operator decides to implement its plans. You only have shares in the revenue. What was changed was the way they distribute profits, and for that no one promised a vote. You are talking about dividends in the form of eth, like you would receive 10 eth every week. If you want to go long on eth, you can buy from the market. Come on... as the main Moderator you should be aware of what they promised. (by the way your FAQ link in your footer doesn't work anymore) and in the AMA Tim responded to me that there will be dividends... so don't tell me that was not promised. Such answers make me even more skeptic. From the whitepaper: "Being a crowdfunded project, a majority of 85 % will be owned by the crowdfunding participants in the form of ICONOMI tokens (“ICN”), while" "ICN tokens represent ownership of the ICONOMI platform, allowing their holders to receive dividends and vote on ICONOMI related issues." |
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Order placed.... so go and buy it... see ya on the moon ...  |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.
The issue with dividends is that tax authorities tax dividend companies in a different way, when you mention dividends it only brings problems. Also this blocks many doors for example the US exchanges because of SEC shit. Also for the holders is better not to be paid dividends because when you declare your taxes and you if you receive dividends you get a higher tax. I think moving away from the dividends thing only brings good things to ICONOMI, first the US market, second less troubles with taxation for both the ICONOMI company and for the holders. See you in Polo soon :-) Everybody with a bit of knowledge of taxes was aware of that. I knew when I entered the ICO that Dividens are taxable. I have no problems to pay tax on my dividends as I would do with normal stocks. Come on guys... it's logic that Dividends are seen as Income and therefore taxable. And Iconomi knew that for sure... for me this is getting a bit strange. issuing an ICO with promises, that they knew they cannot handle it... and if they didn't know it....the team sucks! Sorry to say...this is not fud...I'm just disappointed. You must have already made some profit. Simply sell and move onto something else. I know it is annoying for those that prefer dividends but it's done. It makes business and financial sense. There a lots that would disagree with your opinion but you can't please everyone. Just like with this bitcoin fork debate.... some people will be disappointing by the final choices going forward. I believe the buy back was a necessary change to bring value to ICN an allow Iconomi to bring their product to market much faster. Just because you want dividends doesn't mean the whole project should suffer from it. Think about all of the negatives that have come to light since first coming up with the idea of paying dividends. I agree with you... it's probably the right way to handle a lot of problems they would have with Dividens system. It makes sense business and financial wise. But they knew it before. And this is what disappoints me. The promises made, that they knew it won't happen. However....will sell ...may regret later...but honestly I don't think the buyback will raise the price. I think I will be able soon to buy back much cheaper. |
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ShinyDiscoBalls posts in this thread are definitely the most enjoying thing there is out there
Yep, very constructive... respectful..  |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN. is clear that you don't understand what is going on, so do me favour and read this article and stop the fud. https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530feI can read...and I can do math.... but you seem to be naiv. Why Fud?? I loved the project.... my ICN's were on Iconomi site since ICO.... but today transferred to Exchange. Now only day trading. No more holding. With Dividends, I would have to do nothing.... just getting ETH every week. Now I will have to see if price went up, have to sell some, do calculations to maintain % of Iconomi etc. Good for Iconomi, bad for Investors that wanted mainly ETH as dividends. As more as I think about, more I think I gonna sell all my tokens. Take this nice profit from ICO and buy back into ICNX or ICNP. by all means, do it, sell it all, let me be a fool for buying them I can see...one more child with 1 ICN...hahhaha.....Ok, will do, gives me over 400% Profit from ICO... more than good to me.... will be happy to buy them back later for 0.000250 again... and then sell them to you again for 0.0006 |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.
The issue with dividends is that tax authorities tax dividend companies in a different way, when you mention dividends it only brings problems. Also this blocks many doors for example the US exchanges because of SEC shit. Also for the holders is better not to be paid dividends because when you declare your taxes and you if you receive dividends you get a higher tax. I think moving away from the dividends thing only brings good things to ICONOMI, first the US market, second less troubles with taxation for both the ICONOMI company and for the holders. See you in Polo soon :-) Everybody with a bit of knowledge of taxes was aware of that. I knew when I entered the ICO that Dividens are taxable. I have no problems to pay tax on my dividends as I would do with normal stocks. Come on guys... it's logic that Dividends are seen as Income and therefore taxable. And Iconomi knew that for sure... for me this is getting a bit strange. issuing an ICO with promises, that they knew they cannot handle it... and if they didn't know it....the team sucks! Sorry to say...this is not fud...I'm just disappointed. |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN. is clear that you don't understand what is going on, so do me favour and read this article and stop the fud. https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530feI can read...and I can do math.... but you seem to be naiv. Why Fud?? I loved the project.... my ICN's were on Iconomi site since ICO.... but today transferred to Exchange. Now only day trading. No more holding. With Dividends, I would have to do nothing.... just getting ETH every week. Now I will have to see if price went up, have to sell some, do calculations to maintain % of Iconomi etc. Good for Iconomi, bad for Investors that wanted mainly ETH as dividends. As more as I think about, more I think I gonna sell all my tokens. Take this nice profit from ICO and buy back into ICNX or ICNP. |
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The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion. I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.
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Guys, the ICN price is not important, the important thing is to accumulate ICN for dividends. 1ICN can get 1 cent return per week.
Whats your calculation behind this? Or do you just post random numbers? 1 Cent each coin will be nothing. Just use your maths and you will see it is minimum 1 cent and can reach easyili 10cent each coin each week You need $1mil of profit per week to get 1 cent dividends per week. This wont happen tomorrow. But it can happen with both funds+platform (if the platform can attract masses). It can also go beyond that if the crypto startups gain trust from the non crypto masses. You need $1Mio of fees...not profit.. you think as an ICN holder you get profit from those investing in Performance Fund? The Uber makes millions / day with its fees. Do you think Iconomi will not be able to profit from this too? Get Popcorn, guys! This also makes minhoes / day. Yes sure I do...but I'm aware it's coming from fees only... and this for sure never will be 0.1 USD per token.. you think they gain 540 Mio USD in fees? |
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Guys, the ICN price is not important, the important thing is to accumulate ICN for dividends. 1ICN can get 1 cent return per week.
Whats your calculation behind this? Or do you just post random numbers? 1 Cent each coin will be nothing. Just use your maths and you will see it is minimum 1 cent and can reach easyili 10cent each coin each week You need $1mil of profit per week to get 1 cent dividends per week. This wont happen tomorrow. But it can happen with both funds+platform (if the platform can attract masses). It can also go beyond that if the crypto startups gain trust from the non crypto masses. You need $1Mio of fees...not profit.. you think as an ICN holder you get profit from those investing in Performance Fund? |
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How you guys are dreaming . The team might be good, but they are not god. How the hell should they make out of 10 Mio invested in ICO, 540 Million Dollar just for dividends payment...I know you can make a lot of money with crypto...but keep your feet on the ground guys. This is what I expect from Iconomi Investment. ICN Dividends = around 15% a year ICNX = around 30% profit a year ICNP = between 100-300% profit a year ICN's on hold...not tradable for me :-) you dont understand the fund? You can pay the fund with fiat. And for the real market 540mil is nothing. Just wait and see. Some years ago friends of me laughed me out where i bought Facebook during the Price dib for around 75k dollar... Now the most of them dont speak with me  WeildueinTräumer bist: I think you don't understand some basic math....however, good idea from your friends... will start the same, not talk to you or your posts anymore. |
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How you guys are dreaming . The team might be good, but they are not god. How the hell should they make out of 10 Mio invested in ICO, 540 Million Dollar just for dividends payment...I know you can make a lot of money with crypto...but keep your feet on the ground guys. This is what I expect from Iconomi Investment. ICN Dividends = around 15% a year ICNX = around 30% profit a year ICNP = between 100-300% profit a year ICN's on hold...not tradable for me :-) |
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Guys, the ICN price is not important, the important thing is to accumulate ICN for dividends. 1ICN can get 1 cent return per week.
Whats your calculation behind this? Or do you just post random numbers? 1 Cent each coin will be nothing. Just use your maths and you will see it is minimum 1 cent and can reach easyili 10cent each coin each week I wonder where you went to math classes? But it's you again...weil du nicht rechnen kannst. If this would be true, I would get dividends of about 44'000 USD each year with 1 KEUR investment. And if this would be the case, one ICN would be at least at the price of BTC. Dream on.... never will happen. Or with 100'000'000 ICN's available, they would pay 520 Million USD in dividends each year...no way this will even be near... if you get 0.0025 Dollar per token each week, it would be around 100% profit each year, what would be more than great. However, I don't expect more than about 0.0004 Dollar dividends each week per token. Which would be about 15% dividends a year. That's realistic. |
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November has only 30 days  |
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^^^^ seems my post above was placed inside the quote.
"Thanks for posting that. I will definitely need to have a few btc set aside for when the performance fund is offered to ICO participants."
that is if they will not reach the limit. there are lots of investors waiting to get into it, wanting to be a big player. If I have the btc, i'd be the first even if not invited. but just in case, its a good thing to have btc ready. I will have FIAT ready... the idea behind is to get more FIAT into cryptoland.. |
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