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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 24, 2016, 07:56:45 AM
Officially launching in Dec 2016

https://twitter.com/iconominet/status/800988469048868864


Have some Cody Wilson, to kill the time till launch

https://www.youtube.com/watch?v=xa87kudAVFs

Or this guy from youtube talking about ICONOMI

https://www.youtube.com/watch?v=GFUlUXzNnSw

Good news!
This is a good news, will received dividens for holders icn. Its time to buy some ICN again.  Cheesy

I have not seen it is very good news, of course we also want to see ICN really added to other trading sites like poloniex


Poloniex will most likely add ICN once the ICNX & ICNP funds platform is released this December.
ICN won't be under 100k sat for much long...  Smiley
Once Devs announce official launch date, those sell walls will be bulldozed over in a jiffy... Someone is gonna lose his ICN so cheap.



I hope Poloniex do, the dividends distribution will be weekly I guess, I still have my ICN tokens on ICONOMI website, is there need for me to move my tokens to Ethereum wallet or I will be able to receive the it on their website also
You don't have to move, just keep it on the iconomi site and it will pay the dividends.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 23, 2016, 06:16:10 PM
Has there been any estimates on how the dividend payment is calculated?

I've already written this about ICN dividends:

https://www.reddit.com/r/ICONOMI/comments/5bi5em/what_defines_success_for_icnp/?st=ivdx8vk1&sh=07c6dbb9

As the article above discusses,  ICNP needs to go from its initial $4.6M to 2.7X during 2017 for a 15% annual dividend and 3.7X during 2017 for a 25% annual dividend.  Hitting 3.7X would make ICN a better dividend asset than any stock on NASDAQ and make ICONOMI a rock-star crypto on Wall Street.  

So let's look at the rock-star crypto 3.7X case.  $4.6M X 3.7 = $17M.    Profit is $17M - $4.6M = $12.4M.    Dividends to be distributed during 2017 would be 20% of that profit or $12.4M*0.20 = $2.5M.  These dividends would be distributed over 100M ICN tokens so each ICN token would receive $2.5M / 100M = 0.025 USD = 2.5 cents per ICN token over ALL of 2017.  If there was a constant weekly distribution of dividends over the 52 weeks in 2017, then the weekly distribution for each ICN would be 0.025 USD / 52 = 0.0005 USD per week or one-twentieth of a penny per week per ICN.  

So to equal the very best dividend stock on NASDAQ, ICONOMI must provide dividends per individual ICN token of $0.0005 USD per week or 0.025 USD total during all of 2017.

This analysis ignores other income streams besides ICNP.  This also ignores buying still more ICN weekly with your dividends for a compounding effect.

Getting back to the quote at the top of this post, EVERYBODY would be very satisfied with $0.10 weekly dividend per individual ICN.  This would mean ICONOMI would be paying out out $0.10 * 52 = $5.20 during 2017 on each ICO $0.1257 ICN token.  They would need $5.20 * 100M = $520M in cash to distribute as dividends to meet this 0.10USD per week per ICN target.  If this half-billion dollar dividend pool came from 20% of ICNP total profits, then the ICNP profits need to be $520M/0.2 = $2.6 billion.  With a B.  Growing the ICNP from its current $4.6M to $2.6046B is a multiplier of 566X, in a direct comparison of the 3.7X multiplier above that would make ICONOMI a NASDAQ rock star.

Hope is a good thing for the human mind to have.  Math is a better thing for the human mind to have.

Now, is ICN a panic sell if they can't hit a ridiculous 566X profit multiplier and turn ICNP into a multi-billion dollar fund in under 12 months to feed everybody's totally unrealistic dreams of $0.10 weekly profits per ICN?  Not at all.

ICN IS NOT A PANIC SELL WHEN YOU SUDDENLY REALIZE THE TRUTH ABOUT IT.   IT IS A DEFINITE BUY.

ICONOMI is not aimed at crypto children that don't know enough math to realize when their dreams are ridiculous.  ICONOMI is aimed at traditional fiat investors that currently have WAY WAY WAY more money to invest than the entire total in crypto right now.  And those traditional fiat investors are all crazy starved for income yield since the central banks have collapsed interest rates to zero over the past eight years.  

IF ICONOMI CAN HIT A 3.7X MULTIPLIER FOR ICNP TO BECOME BETTER THAN ANY OTHER NASDAQ DIVIDEND INVESTMENT, TRADITIONAL INVESTORS WILL POUR HUGE AMOUNTS INTO BUYING UP ICN TOKENS TO SECURE THAT DIVIDEND LEVEL FOR THEMSELVES.

Traditional fiat investors do not live in the crypto dream fantasy world of hoping for 566X multipliers on crypto-ICO performance funds.  They live in the real world where they will pour HUGE sums of money into purchasing any investment that can give them a 25% annual return on their money.  

That may be ICN tokens very soon, if ICONOMI can turn $4.6M into $17M during 2017 by investing ICNP funds into startup crypto efforts.

And you certainly should not panic about putting your money into something that could quite easily give you 25% or more return on your investment annually.

I am HODLING.

There's also this:

Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each.   This implies a market cap of "only" $400M.

Also, as a mined coin, Ethereum has inflation of 18M ETH per year.  As an unmined token, ICN has 0% inflation forever.   This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.

True... 0% Inflation is another reason why ICN MarketCap will eventually surpass ETH MarketCap.
Another reason why ICONOMI is going to the moon:
ICN total supply of 100million IS FINAL, NEVER GOES UP. 0% Inflation.
ICN Dividends are paid in ETH, not ICN.
Dividends are NOT like Lisk Proof-of-Stake or ETH proof-of-work systems where new coins are added DAILY to Lisk & ETH total supply.
ICN won't suffer from daily dumping by Mining Farms on the Exchanges like ETH & Lisk.






Excellent Mr. Mal!
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: November 16, 2016, 04:43:55 AM
Tutorial: How to store your Stratis wallet in an uncrackable encrypted file container like a boss

If you have read Stratis weekly 3 you know how to safely store your wallet (read it here: http://stratisplatform.com/2016/11/02/how-to-securely-hold-strat-stratis-weekly-3/)

This is an easy to use basic guide for an extra layer of encryption that can't be cracked by even the best government agencies. For those who want to be extra careful with leaving backups laying around in plain sight, or if you are afraid of losing it while you take a backup with you I suggest you use the open source encryption tool called VeraCrypt (get it here https://veracrypt.codeplex.com)
After installation open the program and click the "Create Volume" button, then create an encrypted file container by pressing "Next".
A Standard VeraCrypt file is very good for creating an uncrackable file so click "Next" again.

Then select the location and filename you want to store it before copying it to various physical or digital places. You can basically use any file format you want for this. As a random suggestion you can name the file "haha.mp3"
Why name it as an .mp3 file? Because nobody will ever expect it to have your precious Stratis coins inside (or other digital gold)

It is strongly adviced to use 3-cascades algorithm like "(AES(Twofish(Serpent))" and as hash algorithm SHA-512 for MAXIMUM security and encryption.
Press "Next" when done. A filesize of 10 MB is more than enough to store multiple cryptocoins inside. Even 1 MB is enough for a backup of the Stratis wallet. Click "Next"

Read the guide in the program for a good password. Now select your password and double type it as confirmation. Click "Next"
Move your mouse as randomly possible within the program to generate an increased cryptographic strength of the encryption key until the red bar turns full into the color green until the end. Press "Format"

Encryption will begin and you will get a message in screen that it was created successful.

How to load the encrypted file container (and store your file in it)
Go back to the VeraCrypt program and select a drive letter. Select the encrypted file "haha.mp3" in this case and click "Mount"

Type your password and select "OK"
It will load the encrypted file container and now you can access the selected drive letter on your computer. Copy your Stratis wallet.dat inside it and after that click "Dismount"

Congratulations! You now have a maximum encrypted wallet as backup that you can store anywhere AND take with you. In case you lose the copy you don't have to worry about it.
And as always make multiple backups and do not forget any password Wink


Thanks for the sharing, really helpful!
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 16, 2016, 04:33:47 AM
Why big pump? Only for golem news? Insane pump.  Shocked
It's for launching ICNP and it happens to be golem.
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: November 12, 2016, 12:24:43 AM
professional team, look forward to the launch in the next week! Grin
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: November 09, 2016, 08:36:02 PM

Thanks, this is like a Wednesday routine, fun reading   Grin
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 08, 2016, 08:21:59 PM
I heard rumors that ICONOMI will be on a polo this week?

IT nonsense.  Polo told that they add next year After release.just wait some weeks and icn price crashes under 10k.than you can buy

when did polo said that?
i think the fact that poloniex still didnt added ICN is enough to conclude that they will never add it... it's like waves, months after launch and they still have hope to see poloniex list it.

Nah... the iconomi team said that icn will be added to a big exchange very 'soon' and there is (at the moment) a NDA, so the only thing we should do is wait.

you guys really think that whining about polo here will help listing ICN?
I wonder what will be the next topic to bitch about after polo..

I sure hope that the main discussion will move to reddit once the platform will be on.. Can't even imagine the amount of BS that will be thrown here when people actually have access to the platform..

I agree, the key to success is to develop a solid platform and that will be the life changing finance. Not some short term P&D scheme
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 08, 2016, 01:12:22 AM
Sorry if this was earlier in this thread but in regards to antcoin in the assets tab in my wallet, I downloaded the web wallet for chrome, latest version, created a user, it synced to 100% and I imported my private key, my antshares showed up, all good but when do the antcoins show up in the assets in my web wallet? or is this a windows wallet only thing? Any help?


I have the same question, please answer dev.
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 04, 2016, 10:24:12 PM
just to confirm.

ICO Antshares now appearing in the web wallet Smiley

Fully Synced!
Not for me.I am still getting Sync in progress 84%.Donno why is it taking sooo long now almost 3 days but not moving any further.Is there anything I can do or did I missed something?
I assume you are using web wallet, in that case, make sure you are on 1.0.1, otherwise just wait.
also re-login may help.
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 04, 2016, 03:39:15 PM
we are thinking about deploying seed nodes overseas (worldwide) to speed up your sync
Please do that, it's been syncing 3 days, now still 10% to go.
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 04, 2016, 04:47:14 AM
Antshare is struggling on bittrex while everyone else is on price rise frenzy  but i still do believe that antshare will pull that Alibaba contract.
Did anyone solving the 47319 stucking issue?

This is a known issue sorry I did not talk about it earlier.

47319 issue can be solved by upgrading the wallet to the newest version (via our website)

also the reason why we want to download the web wallet is that when the site is down (on our end), you can still run it

What is the point of having it to sync an online wallet? Can you set it not to sync for a while because i just need to move my ANS somewhere and you can let sync it anytime forever after i move it.

Well sync means to try to find all your transaction records block by block, so your balance can be told. this is basic blockchain knowledge I thought.

However we do have plans for spv servers and offer an Electrum-ish experience. takes some time though

Okay, the new one 1.0.1 solve the issue. Thanks.
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 04, 2016, 03:45:29 AM
Antshare is struggling on bittrex while everyone else is on price rise frenzy  but i still do believe that antshare will pull that Alibaba contract.
Did anyone solve the 47319 stucking issue?
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 03, 2016, 01:01:41 AM
Hello.
What is the url to download the webwallet?   I have downloaded, installed, windows wallet, Done everything in the instructions, but still no balance after 3 days.


Hahaha. You don't need to download web wallet. You just need to visit and it is just like myetherwallet if you are familiar with that kind of wallet.

That's what I thought initially, but apparently antshares takes a different approach, you do have to download the blockchain even if you are using a web wallet.

It could be a bug, but for now, it works this way.

Web wallet should have been made more convenient for users not the other way around. Expect more syncing issues in the future if this cannot be resolved.

I agree, hopefully it will be fixed soon
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 02, 2016, 11:32:10 PM
Hello.
What is the url to download the webwallet?   I have downloaded, installed, windows wallet, Done everything in the instructions, but still no balance after 3 days.


Hahaha. You don't need to download web wallet. You just need to visit and it is just like myetherwallet if you are familiar with that kind of wallet.

That's what I thought initially, but apparently antshares takes a different approach, you do have to download the blockchain even if you are using a web wallet.

It could be a bug, but for now, it works this way.
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 02, 2016, 11:30:58 PM
I need a video walkthrough to transfer my ANS to online wallet or some step wise guidance with screenshot for each step please.I have successfully import my account but where is my ANS?



You need to sync wallet first, currently it shows 0%
How can I sync it?What do I have to do it to sync?

Just wait for the blockchain to be downloaded.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 02, 2016, 08:57:46 PM
I need a video walkthrough to transfer my ANS to online wallet or some step wise guidance with screenshot for each step please.I have successfully import my account but where is my ANS?



You need to sync wallet first, currently it shows 0%
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 01, 2016, 11:18:00 PM
Anyone know whats link the iconomi index?
Thanks.

This is the icnx index.
https://icnx.iconomi.net/
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 01, 2016, 10:54:58 PM

Do you think ZEC price was high just because of less quantity?If ICN were also only 5000 would it also be sold for 1000 btc each?I dont think that was the reason of ZEC high price

The price hit it's insane heights on ZEC because of morons not doing the maths, the low supply of coins was a huge contributor to this.

At the start, there was less than one coin available and idiots were fighting over this, not realising that in an hour the supply would increase twenty fold. ZEC is still in this position because the coins mined increases the supply by a massive amount every day - there are still less than 3000 coins available and this will increase by something like 10 - 15% over the next 24 hours.

So, long story short, the combination of idiotic investors and a tiny supply created the huge price. I'm still laughing my tits off...  Grin

IMO those who bought ZEC with 3000+ BTC wanted to sell 4000+ or 5000+, it's just a trading game. Unfortunately someone has to lose.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: October 25, 2016, 08:02:35 PM
Preparing for 8pm PST market launch.. $ANS wallet now open for deposits @BittrexExchange
https://twitter.com/richiela/status/790984665746112512
thanks, just liked.
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: October 25, 2016, 07:24:57 PM
Can anyone tell me the ICO price please.

Thank you.
2nd phase around 30k sat.
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