Yesterday I got email from ICONOMI team about WeTrust ICO,I am sure everyone subscribed to there newsletter must have received it.
Are they planning to invest in WeTrust?
The same here, I got email from ICONOMI too maybe, the dev interested in to invest in wetrust. ICO evaluation is done by Daniel and his team. But the decision to invest or not to invest in an ICO is in Jani's hands. They don't even know if Iconomi invested in some ICO until it's publicly announced. This information was given by Jan (@yan) on slack. |
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you sure its for 3 years ?
i think that price will reach everyday, we know because TIME will be rare token with supply right now
If you study it in an unbiased way, Reasons for pump- 1. Low market Cap 2. Angel investment which wouldn't be selling TIME anytime soon. 3. Bounties being distributed later. Reason for Dump- 1. We are months away from Dividends. If there's a FUD attack, price can decrease significantly. (As it's currently happening with Iconomi). 2. Some big ICOs are coming soon. 3. Famous platforms Golem and Iconomi are launching this year. |
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This coin price wise is a scam .
100 TIME for 1 btc .
hahahah selling AIR .
NICE SCAM DEVS , I will buy your scam at 5000 sat
10x soon! Cry baby  We cannot correctly predict its price for now. Because price would be completely based on speculation. So the more exchanges that lists TIME more will be popularity and there would be a rise in price. When first dividends are paid in Q3, then the price would be dependent mainly on Dividends . I think it would be safe to say that it would hit 10x in 3 years. |
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It's just a beta test guys. Don't get your hopes up for anything major. However I am anxiously waiting to see what it's like.
Do we know how many beta testers there will be? It would be nice if you could post screenshots of the platform here and let us know how it is  I missed the early registration and Im not part of the beta testers group I am in the beta testers group. I'll post here some screenshots and my experience. Also, I'd put my cryptocurrency in ICNX. Let's wait. |
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Sorry, when we receive pm or mail whit link for registration and we can receive bountry?
Thanks
We have lots of time for bounty distribution. Bounty distribution will take place after 25 March.Maybe links would be PMed after 25 February. |
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I have some questions on how does ICNX work.
Would cryptocurrencies be bought each time a new ICNX is created?
For example, if composition of ICNX is 50% BTC and 50% ETH (just assumption)
If I buy $1 worth of ICNX, would .5$ of both btc and eth be bought by Index fund immediately?
Wouldn't it mean lots of wastage in fees?
Real ICNX has 12 cryptocurrencies. For each purchase of each cryptocurrency they have to pay gas and fees of exchange.
Yes, when you buy ICNX from Iconomi platform, buy orders are executed on your behalf and the ICNX tokens are created. I'm sure they have a way better fees plan than the average trader. In addition, there is a 0.1% entry/exit fee, so basically it will cover all fees paid by Iconomi. Keep in mind that people will also buy ICNX from exchanges, and in that case no fees will be paid by Iconomi. I got your point. But, entry fee is just 0.1%. If Index Fund buys each of the crypto, they have to pay fees of exchange which would be around 0.1% (would be more for some cryptocurrencies) and also transaction fees/gas. I can see three solutions to this problem- 1. Minimum purchase amount of ICNX would be higher (maybe greater than $10). 2. They make their own exchange. 3. They sell ICNX monthly/weekly. To club all the purchases and minimise the fees. All exchange fees are percentages, so they scale proportionally to the amount invested so it doesn't matter whether purchases are large or small... 1% of 10000 is 100 1% of 10 a thousand times is also 100... Or maybe I'm missing what you are getting at. ETH gas is a fixed amount instead of a percentage of the transaction so that is the only thing I can think of that would set a minimum buy limit, but the price of gas is super cheap. If Iconomi used Poloniex for purchasing assets for index fund for example. It would cost them more than 0.1% fees to purchase (if daily trade volume is less than 24000 Bitcoin). Gas fees are low. But when compared to a $1 purchase, they cannot be neglected. |
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I have some questions on how does ICNX work.
Would cryptocurrencies be bought each time a new ICNX is created?
For example, if composition of ICNX is 50% BTC and 50% ETH (just assumption)
If I buy $1 worth of ICNX, would .5$ of both btc and eth be bought by Index fund immediately?
Wouldn't it mean lots of wastage in fees?
Real ICNX has 12 cryptocurrencies. For each purchase of each cryptocurrency they have to pay gas and fees of exchange.
Yes, when you buy ICNX from Iconomi platform, buy orders are executed on your behalf and the ICNX tokens are created. I'm sure they have a way better fees plan than the average trader. In addition, there is a 0.1% entry/exit fee, so basically it will cover all fees paid by Iconomi. Keep in mind that people will also buy ICNX from exchanges, and in that case no fees will be paid by Iconomi. I got your point. But, entry fee is just 0.1%. If Index Fund buys each of the crypto, they have to pay fees of exchange which would be around 0.1% (would be more for some cryptocurrencies) and also transaction fees/gas. I can see three solutions to this problem- 1. Minimum purchase amount of ICNX would be higher (maybe greater than $10). 2. They make their own exchange. 3. They sell ICNX monthly/weekly. To club all the purchases and minimise the fees. |
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I have some questions on how does ICNX work.
Would cryptocurrencies be bought each time a new ICNX is created?
For example, if composition of ICNX is 50% BTC and 50% ETH (just assumption)
If I buy $1 worth of ICNX, would .5$ of both btc and eth be bought by Index fund immediately?
Wouldn't it mean lots of wastage in fees?
Real ICNX has 12 cryptocurrencies. For each purchase of each cryptocurrency they have to pay gas and fees of exchange.
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@CryptoInsider
Okay. We all got that Iconomi is breaking SEC law.
There's no need to remind us daily about it and post same things daily.
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I have a question dividends get paid to ICN token holders as long as its in a wallet you control correct
Yes and u should at least have 52 ICN to qualify. ICNs in ICO account will also receive dividends where did you get this info...52 ICN??? Minimum is 42 ICN not 52 ICN. This information was given in the second AMA on reddit. |
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Okay it's not a problem for me, so, Whether you would publish all the data from the Newsletter bounty ?? So that everyone can see the emails that have been registered in the Newsletter bounty Chronobank .. Hm, this should be illegal I think I'm not in charge of bounties, but it seems BCT account names will be fair enough if any. That's not illegal. Just would impact privacy of users. It would be good to publish salted hashes of email addresses. |
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@CryptoInsider
It has been stated in Terms of Use on Iconomi Website that you are responsible for local laws of your country.
Advertising in US wasn't illegal. They had used as networks like Adsense which showed ads to US people.
And, being not registered to offer investment in US doesn't make it Scam. And , IMO, no action would be taken on Iconomi by US until they are proved to be scam (which they aren't).
I would advise you to open your own moderated thread of Iconomi only for fudders.
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THE HECK?! The old spreadsheet cannot be opened? I joined the campaign December 13, 2017 I joined the campaign.
I want to advertise this chronobank ICO.
And upon checking my post history I manage to got and reached 50+ posts, 59 specifically and then I got rejected? Try to check it again ahmed and whole chronobank team. I can't even have an access for the older spreadsheet. I've passed this along to Ahmed. Is no different spreadsheet btw, it's the same one that's been from the start. Please take action on my case chronobank team, if you are going to check my post history I've reached higher than 50+ post since the date I've join on December 13,2016 which qualifies me with the bounty. I don't know if there is something with the spreadsheet but I'm pretty sure that I must be included to those accepted for the bounty. You have completed 50 posts. But it was your mistake. You entered wrong start post number in Google form. I have excel sheet of 15 February. (When it wasn't finalised). |
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Congratulations chronobank on completing the ICO. When will be counted when the 20 most active participants in the bounty? It promised 50 TIME everyone.  Not 50 Time token to everyone but 50 Time token will be distributed among 20 most active signature participants during the campaign. I guess by active they mean highest number of posts. Can someone translate it. Google translate gives- "20 posters will receive 50TIME ", is it correct? It wasn't mentioned about this bounty on English BTT. Are active members counted on BTT ? Or including Slack? Because I was more active on slack than BTT. If 50 TIME are being given to each, it would be a big bounty. |
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Your predictions are a fail cos you dont even know what you are talking about cos bounty hunters would get their rewards around march or april lmao.
How far is March ?Light Years ahead ? I hope you know what light years are ...I could care less about the rewards. He he . you yourself don't know what light year means. Light year is a unit of distance not time. congratz to dev for this coin, now it's time to wait the relase and start to trade  ( hoping x10  ) I think the final ICO price was much less than the 0.01 btc but the good thing is it has limited supply. Will unsold tokens be burnt? There are no unsold TIME. The number of TIME were not fix. |
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Question - How does one get picked for Beta Access?
+ is it 1st come 1st served?
+ larger coin holders get 1st dibs?
+ special request only?
Maybe someone can confirm better, but I think it's only for some ICONOMI's ICO investors... No. The people who had filled the Google form for beta access in December will get access. |
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Would we be able to store TIME on ICO website of Chronobank? (Like Iconomi)
And if your answer is 'yes' then, please distribute dividends to the TIME on Chronobank we did automatically. (Since there is zero chance of dividends getting lost)
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Now we wait for it to drop DROP on exchanges. Lets start guessing the All time low right now? .00002500  I give free domain to the closet guesser. lol Haha. Your guess is very low. It could be around 0.008 btc. But, tell me, are you trying to fool us? All time low means lowest price in lifetime of Chronobank. Which means you will give free domain when Chronobank shuts down. (Nearly impossible). |
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Very exiting, goddamnit got no extra btc to put in here, I know I"m gonna be very sorry soon. Fuck damnit I wanna get in but am poor as fuck right now  You can buy TIME once added to the exchanger just waiting for the moment I'm sure it will not take a long time, the team will soon Preparing TIME market Same here, I don't have any extra BTC to buy again this coin. I'll just have to wait for the reward of signature bounty and will hold it dearly hoping for its price to fly. LOL My almost all cryptocurrency are in form of Iconomi. I don't want to sell Iconomi at low price. Will try to get some when it's listed on exchanges. |
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Would be interesting to see if Iconomi Performance fund invests in Melonport.
Melonport is a future competitor of Iconomi. It would only have OFM which Iconomi is also supposed to have
No way they're gonna invest there, few reasons imo: 1. ICO structure is bad, not to say scummy 2. Time to market is extremely long - 2 years of development 3. Product - first, it will support only ethereum based tokens. Also it will have both centralized and decentralized aspects - which in my opinion increases the chance of hack and/or abuse 4. Team 5. Why would they invest in a company that aims to do part of what they will do? Iconomi can do it better and faster Melon port will become active in late 2017 or early 2018. They had also invested in Golem which too had long term plan. Team- I didn't know Iconomi team before they launched Iconomi. But big thing is that Melon port has partnership with Parity. |
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