It is the panic selling that always bring the price of an assets down. Many traders are losing money because they always sell their coins out of panic. That is why when ever you sell your coins you are contributing to the fall in pricing. If you want the price to keep on growing then limit your rate of selling.
The free market doesn't work on the goodwill of people or people looking out for the "common good". It is ok if the price falls. Stronger hands will prevail and buy up the cheap coins. The process repeats. Bitcoin is volatile, but each volatility cycle makes it stronger. To intervene isn't the right philosophy. |
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You don't seem to understand the very basics of finance, so seems pointless to try and educate you. Perhaps you should do some reading and get back if you want to have a civil discussion. It is clear that you're just looking for a pump for ICN with your comments on 100x the price, without any baseline or fair value considerations. At this stage, it is pointless to continue this discussion with you. By comparing ICN to ETH you are comparing apples and oranges... ETH launched in 2015 and is far more down the roadmap line then ICN. Give ICN another year and then we can talk again. As for $0.01 being a win for you, that is your decision. I invest into projects with an at least x100 ROI expectation. I already gained that much on a few other projects and ICN will soon be among them. Do you think that ETH will do x100? I don't think so. But it seems that our investment styles differ by a lot so you do yours and I will do mine, but talking BS about how many promises they broken while breaking one is just BS. And if you are unhappy with ICN why not sell it and move to ETH? You will be better of there for sure  So they just launched their first regulated fund with the second one close behind it. In the next 10 days they will announce the biggest burning of tokens in the history of ICN with the combined burned tokens amount probably exceeding 1% of the total supply. They are on the verge of accepting fiat payments and scaling things to the next level. They are implementing ICN fees for DAA creation in a month, ICN fees for DAA rebalancing (both of these fees meaning more burnt tokens in the future). And you would kill the company now when the work of the past year and a half is comming to fruition? If that isn't shortsighted then I don't know what is And I haven't even mentioned the huge unrealized profits from their ICO investments... Even in this crappy market when prices are down I would bet that the 20% of profits would result in $10M+ in profits for buybacks with that number growing heavily in the next bull run. So why would any reasonable investor cash out now and earn maybe another 50% profit when a few months from now you will probably have 500%+ profit? Is it possible? No idea, but I would vote against that because they are actually progressing nicely although at a slower pace that I had hoped for. As for the price being what it is, that is market determined. It will grow as they start marketing more heavily and give ICN more utility or if it stays low, they will just burn more ICN tokens which will ensure a bigger growth down the line. They haven't changed anything but dividends to buybacks.
The 24 month moratorium hasn't passed yet so there was no vote yet...
They stated in a previous AMA that ICN token holders would be entitled to the money from all the Iconomi owned assets if it would come to a stop.
EDIT: Am I unhappy with their speed of development and ICN utility? For sure, but I still think that they are building up the foundations to make ICN holders very rich in the future and I am willing to wait.
If this is true, I'd like to propose a token holder vote to dissolve the company, and return all the assets that the company holds to the ICN tokenholders, before the team goes about enriching themselves from the company coffers. Do you think this would be possible? There's a reason ICN is trading below the liquidation value of assets held by this company. Sure, the price is market determined, but it they are trading under book value, and the ICN holders own the company and its assets according to their fundraising documents, then it's an easy win for the ICN tokenholders. You're getting a dollar for 30 cents, why would you say no? If you think the team can deliver still, then they are free to do another ICO with modified terms, and perhaps keep their promises the next time to that set of investors. Maybe it is time for some elementary finance lessons. Can you find me one company in the S&P500 that trades below liquidation value? I'll wait. There's a reason why this doesn't happen. The future promise for returns means nothing. There are equivalent opportunities in any market. If you put in $1 and can get even $1.01 out immediately, that's a win because the opportunity cost of the $1 is the rest of the market. In this case, for example, ETH would be a natural alternative. Now tell me again how much ICN has historically outperformed ETH, and how it will continue to do so? In the end, my example to liquidate was hypothetical - obviously, there is no ICN voting mechanism. They just made a bunch of promises in the whitepaper to raise as much money as possible, and then never followed through on most promises. What makes you think the near future would be any different? If the company literally created a trust with all the ICO money and did absolutely nothing, you'd probably see the price of ICN to be 900% more than it is today. What does that tell you? |
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I am opposed to the fact that a large number of coins are concentrated in one place. This lays a mine of delayed action under the entire market. We have seen for 4 months of this year how it works. Whales can easily reduce and increase the price. I'm not against volatility but the big players can increase the price decline period and it will be bad for everyone. I would like more if 200k bitcoins bought 200k people.
That's just the nature of these markets though. Wealth will never be distributed in such an equitable manner. It is also not right to think that anyone with a lot of Bitcoin would be out there trying to manipulate the markets (think the Winklevoss twins for example). |
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IMHO, there are no other crypto projects out there with a comprehensive set of features to use, when in use, introducing the true economic value to the token strart.
Why would someone buy a token to earn more money than pay it?
Yes but a lot of the other blockchain platform tokens, Cardano, WANChain, NEO, Zilliqa, EOS etc are currently doing a better job at telling their story and getting the wider public visibility than Stratis at the moment, even though I believe stratis has a better product and framework the visibility is not as good as some of the above mentioned. One can have a better product but if it is not out there and adopted and used it doent mean much. A case in point is VHS vs Betamax. I believe that when Stratis do land its products it will be superior. I just hope that it is in time before another product is first to market and adopted. A lot of people are eagerly awaiting Stratis product launches. Absolutely agree with you hence why they also need to do a better job at making the stratis platform more visible to the crypto community Well, they did have the two conferences back to back in Delhi and London. Lets hope that it reached the targeted audiences as planned. From the recordings and feedback it seems that things went well. There's probably very little overlap between the crypto community and these conferences. if the goal is to reach the crypto community, I can't help but think that there are far better ways to do so. |
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I'm not sure there's really a surge in demand from institutional investors. We're hearing about them all now, for sure, but read deeper and you realise that they already entered the market a while ago - last year most likely, through their hedge fund managers and associated funds. They're probably the ones who largely made Bitcoin the crazy "investment asset" that it was end of last year. They probably also shorted it all to lock in profits, causing the recent slump. And they're probably making public their "new" investments to time their dip buys nicely for more profit.
Think about it. These are guys who pay other guys to tell them what's on the horizon. They'd have heard of Bitcoin long before its 4k mark, and they're not the kind to buy now when everyone else has had their fill.
It's not as straightforward though. What you describe may be true for family offices, for example, but isn't true for institutional investors like say pension funds. They have very strict mandates on what they are allowed to invest in, and opening up a new asset class with questionable custody solutions is definitely not an easy sell. |
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Well, well, well, Lunyr price is picking up. Insider information or just because the altcoin gamblers, er, traders are coming back to trade the coming altcoin season?  Good luck, Gentlemen. Too small a change to attribute these reasons. Let's get to the top-100 and then we'll see |
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Not sure what you mean, but I don't think the Masternode is on production at all. Don't think there is even a final word on how many Stratis needs to be locked up to run a Masternode either.
More coins locked up to operate masternodes, more chances for Stratis price to take off due to the fact that less coins circulated in the market. That is basic effect of demand-and-supply principle. Wait for it. Mate, I think you're a year behind on things! Everyone knows that, which is why people are awaiting the masternode release before things like the ICO platform. The parent comment seemed to suggest we have a masternode in production now, which I pointed out isn't true. But they are going to implement a masternode system into Stratis? If so that's pretty big news...to me atleast, but I havent been keeping up on stratis. By your comment you make it seem like they have coming a transition to a codebase that will allow for smart contracts as well....doesn't this seem a bit behind considering all the other token economy platforms that have already come out in the last year and stratis has been around for much longer? The Masternode has been on the roadmap for a long time now, but has been removed from the roadmap for a production release (someone correct me if I am wrong, but I think they removed production masternode release from their roadmap). Stratis doesn't have Turing complete smart contracts. |
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So they just launched their first regulated fund with the second one close behind it. In the next 10 days they will announce the biggest burning of tokens in the history of ICN with the combined burned tokens amount probably exceeding 1% of the total supply. They are on the verge of accepting fiat payments and scaling things to the next level. They are implementing ICN fees for DAA creation in a month, ICN fees for DAA rebalancing (both of these fees meaning more burnt tokens in the future). And you would kill the company now when the work of the past year and a half is comming to fruition? If that isn't shortsighted then I don't know what is And I haven't even mentioned the huge unrealized profits from their ICO investments... Even in this crappy market when prices are down I would bet that the 20% of profits would result in $10M+ in profits for buybacks with that number growing heavily in the next bull run. So why would any reasonable investor cash out now and earn maybe another 50% profit when a few months from now you will probably have 500%+ profit? Is it possible? No idea, but I would vote against that because they are actually progressing nicely although at a slower pace that I had hoped for. As for the price being what it is, that is market determined. It will grow as they start marketing more heavily and give ICN more utility or if it stays low, they will just burn more ICN tokens which will ensure a bigger growth down the line. They haven't changed anything but dividends to buybacks.
The 24 month moratorium hasn't passed yet so there was no vote yet...
They stated in a previous AMA that ICN token holders would be entitled to the money from all the Iconomi owned assets if it would come to a stop.
EDIT: Am I unhappy with their speed of development and ICN utility? For sure, but I still think that they are building up the foundations to make ICN holders very rich in the future and I am willing to wait.
If this is true, I'd like to propose a token holder vote to dissolve the company, and return all the assets that the company holds to the ICN tokenholders, before the team goes about enriching themselves from the company coffers. Do you think this would be possible? There's a reason ICN is trading below the liquidation value of assets held by this company. Sure, the price is market determined, but it they are trading under book value, and the ICN holders own the company and its assets according to their fundraising documents, then it's an easy win for the ICN tokenholders. You're getting a dollar for 30 cents, why would you say no? If you think the team can deliver still, then they are free to do another ICO with modified terms, and perhaps keep their promises the next time to that set of investors. Maybe it is time for some elementary finance lessons. Can you find me one company in the S&P500 that trades below liquidation value? I'll wait. There's a reason why this doesn't happen. The future promise for returns means nothing. There are equivalent opportunities in any market. If you put in $1 and can get even $1.01 out immediately, that's a win because the opportunity cost of the $1 is the rest of the market. In this case, for example, ETH would be a natural alternative. Now tell me again how much ICN has historically outperformed ETH, and how it will continue to do so? In the end, my example to liquidate was hypothetical - obviously, there is no ICN voting mechanism. They just made a bunch of promises in the whitepaper to raise as much money as possible, and then never followed through on most promises. What makes you think the near future would be any different? If the company literally created a trust with all the ICO money and did absolutely nothing, you'd probably see the price of ICN to be 900% more than it is today. What does that tell you? |
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Oooooh, if dumb money continue dumping Lunyr, looks like we will have discount shopping until Mid-May and then boom back to 0.00247btc at least. Sell the bottoms, guize.
I was able to buy a lot of tokens lun two weeks ago at the very bottom. I am sure that the project will return its positions on capitalization. As for the team and the project itself, I have no doubt. Who knows, the project lunyr in the future will move to the EOS platform? What's the advantage in moving to a platform that isn't even live yet and controlled by a group notorious for their highly questionable motivations and reputation in the crypto community? |
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Stratis becoming a platinum sponsor on olympia london block chain conferences..its good time to hold and see the result soon.
Don't think sponsoring conferences helps that much. |
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Don't let the dominance index fool you. Any given altcoin has a low probability of survival relative to Bitcoin, but because new ones keep getting added, it seems like Bitcoin is losing its shine. Very few coins outperform Bitcoin over the longer term.
That being said, competition is good. If other cryptos can provide better features (like say privacy), it is good for the market as a whole.
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ICN is one of the most successful ico in the world but after I noticed there is no price increase this year. Do Developers plan something that will surprise investors ICN  Read the posts above. The problem isn't with creating the platform, but with that value being seen by the ICN holders. |
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Not sure what you mean, but I don't think the Masternode is on production at all. Don't think there is even a final word on how many Stratis needs to be locked up to run a Masternode either.
More coins locked up to operate masternodes, more chances for Stratis price to take off due to the fact that less coins circulated in the market. That is basic effect of demand-and-supply principle. Wait for it. Mate, I think you're a year behind on things! Everyone knows that, which is why people are awaiting the masternode release before things like the ICO platform. The parent comment seemed to suggest we have a masternode in production now, which I pointed out isn't true. |
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Is there any news on the masternodes yet, I remember seeing reports of a beta launch for Breeze wallet, but since then I've seen nothing. Are the Masternodes for mixing BTC up and running now?
Can't wait to mix some STRATIS & Bitcoins!
I think it's just a basic GUI wallet at this point "renamed Stratis Core"... But it is beautifully designed = simple and elegant with very fast confirmations and ready for prime time Not sure what you mean, but I don't think the Masternode is on production at all. Don't think there is even a final word on how many Stratis needs to be locked up to run a Masternode either. |
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Is it possible? No idea, but I would vote against that because they are actually progressing nicely although at a slower pace that I had hoped for. As for the price being what it is, that is market determined. It will grow as they start marketing more heavily and give ICN more utility or if it stays low, they will just burn more ICN tokens which will ensure a bigger growth down the line. They haven't changed anything but dividends to buybacks.
The 24 month moratorium hasn't passed yet so there was no vote yet...
They stated in a previous AMA that ICN token holders would be entitled to the money from all the Iconomi owned assets if it would come to a stop.
EDIT: Am I unhappy with their speed of development and ICN utility? For sure, but I still think that they are building up the foundations to make ICN holders very rich in the future and I am willing to wait.
If this is true, I'd like to propose a token holder vote to dissolve the company, and return all the assets that the company holds to the ICN tokenholders, before the team goes about enriching themselves from the company coffers. Do you think this would be possible? There's a reason ICN is trading below the liquidation value of assets held by this company. Sure, the price is market determined, but it they are trading under book value, and the ICN holders own the company and its assets according to their fundraising documents, then it's an easy win for the ICN tokenholders. You're getting a dollar for 30 cents, why would you say no? If you think the team can deliver still, then they are free to do another ICO with modified terms, and perhaps keep their promises the next time to that set of investors. |
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Good stuff, appreciate putting this together! |
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Moving the ICO date on gluon is a great strategy on the part of the developers . Since the market was just in a bear season when the initial date was announced. Now that market is recovering, it is the most appropriate time to launch.
I hope it was a seasonal issue and now we will go up a lot. Thinking about another huge wave makes me feel excited. The last one was just like drugs  Just a friendly advice - I know it can be addicting, but don't hold your breath. Crypto doesn't move like that. It may easily be a couple of years before you see a spike up again like the last time, if at all. Go through the coins during the last pump - very few survived and saw another spike in price during the next bull market. In order to give returns, it must first survive. Stratis is a good project if they are able to deliver on their original roadmap. Nothing is a given in crypto. |
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They haven't changed anything but dividends to buybacks.
The 24 month moratorium hasn't passed yet so there was no vote yet...
They stated in a previous AMA that ICN token holders would be entitled to the money from all the Iconomi owned assets if it would come to a stop.
EDIT: Am I unhappy with their speed of development and ICN utility? For sure, but I still think that they are building up the foundations to make ICN holders very rich in the future and I am willing to wait.
If this is true, I'd like to propose a token holder vote to dissolve the company, and return all the assets that the company holds to the ICN tokenholders, before the team goes about enriching themselves from the company coffers. Do you think this would be possible? There's a reason ICN is trading below the liquidation value of assets held by this company. |
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Hı I heard everyone who holds NEM in wallet received PXSXEM token for free is that true Thanks
Where did you get that information? Is this related to the recent pump of NEM? I had some NEM in my Poloniex account, will I also get the airdrop token? Or I have to withdraw to my wallet? You had some XEM in your Poloniex account ? Then you´re fucked, like me, waiting for months ! I don´t even know, if there´s actually people there. You know, real people, who you can touch and somettzing. Poloniex got bought out by Circle and they're already touting their improved customer service. Perhaps try opening/updating your ticket again? |
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It was nice to see NEM get back into the 30s again (cents). I wouldn't mind it staying low or even dropping when I happen to have some cash to buy more, but otherwise, I'd like to see it back in the one to two dollar range.
Well, fortunately or unfortunately, the market doesn't care about whether you have some cash or not. The best thing to do is stick with a list of actions in different market conditions. e.g. you might say invest below 30c, and then if the price falls below that, just invest into it. Trying to time the markets based on personal financial situation is futile - it is only a worthy endeavor to manage risk, but hopefully you'd have already taken that into consideration. Ah yes, the indifferent market--I know it well. I have a coin that is in the process of being listed on an exchange so that's what I'm holding out for. I figure once I can sell it I'll buy half XEM and half DNotes with the proceeds. And I'm aware that the timing won't necessarily be ideal, but that's OK. Some of us have to take into account the rest of our life and figure out how to make the crypto part still work. I've got it covered That's fair, and crypto should definitely be looked at in the broader context of wealth (the rest of your portfolio - stocks, bonds, cash) and life (stage of life, age, employment,etc.) One good thing about NEM is that as a proof of stake coin, you can actually make some NEM from helping the network. It's not a great deal, but definitely helps, especially given the fixed supply from the beginning. |
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