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281  Alternate cryptocurrencies / Speculation (Altcoins) / Re: PIVX hodlers, when will you dump? on: April 13, 2017, 06:39:36 PM
PIVX definitely won't get to a $15 price range without new updates and posts from the dev. I would want to see how these people posting that it'll reach that height get their information.

...Well, obviously.  And see above in red for "that information".

Further, they are developing new updates constantly and recently hired on 3 more devs... new wallet just helped start this surge a few days ago, in fact.  Zerocoin implementation is the next really BIG internal development beyond speculated big exchange adoption.
282  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 13, 2017, 06:32:47 PM
Quote
IloveBTCtomuch wasn't even a subtle FUD Dash troll

Please quote one piece that is FUD ? I asking difficult questions yes, and I have a strong opinion About both DASH and PIVX, That does not make me a troll

You on the other hand attacking me personally does make you a troll Wink

I think u are having tantrum or being jealous of dash holders that managed to double their money within one month while ur pivx asscoin is just a piece of goshen. Ur irritation stems from ur teenage years when ur life was especially hard. U missed out on dash because u were out as ur body received punches from a street bandit which is the exact reason why u werent online when I was calling u out on ur last statement about dash.

LMAO you forgot to switch to your other account before posting  Cheesy

Nice try
283  Economy / Economics / Analyzing the potential size of the crypto market on: April 13, 2017, 06:14:48 PM
The Crypto Times v 0.05– How big is the Crypto Market?

https://youtu.be/05CX2bN79Fw

Potential crypto market size analysis starts at 1:30
284  Alternate cryptocurrencies / Speculation (Altcoins) / Re: PIVX hodlers, when will you dump? on: April 13, 2017, 05:48:06 PM
Not before $15

Stop dreaming. Lets be realistic for once

The following questions should be answered first:

1. What is the market adoption of PIVX?

You can literally watch Slack membership, MN adoption and distribution, community involvement, etc. all sky rocketing before your eyes

2. On what exchangers is PIVX being traded?

Exactly.  When it hits more/bigger exchanges it opens itself to a much higher influx of money

3. What does PIVX bring new to the crypto space?

A hell of a lot more than DASH, who hit 750m in market cap, which is where PIVX parity would be at $15, not including the massive influx of $ happening daily into the crypto space


Answered in red.  Pretty indisputable  Cool
285  Alternate cryptocurrencies / Speculation (Altcoins) / Re: PIVX hodlers, when will you dump? on: April 13, 2017, 05:34:14 PM
Not before $15
286  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 13, 2017, 05:32:29 PM
PIVX trip to moon discussed in new episode of the Crypto Times: https://youtu.be/05CX2bN79Fw

nice show, nice diving too Smiley

Thanks, really wanted to cover how hugely undervalued the entire space is to show how there's enough seats at the table for everyone and how stupid fighting over table scraps through FUDing is.

Speaking of stupid FUDers:

Please quote one piece that is FUD ? I asking difficult questions yes, and I have a strong opinion About both DASH and PIVX, That does not make me a troll

You on the other hand attacking me personally does make you a troll Wink

Bye!
287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 13, 2017, 04:57:48 PM
IloveBTCtomuch wasn't even a subtle FUD Dash troll
288  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 13, 2017, 03:40:01 PM
ICN dividends vs coin burn discussed in new episode of the Crypto Times: https://youtu.be/05CX2bN79Fw
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 13, 2017, 03:33:16 PM
PIVX trip to moon discussed in new episode of the Crypto Times: https://youtu.be/05CX2bN79Fw
290  Alternate cryptocurrencies / Altcoin Discussion / The Crypto Times v 0.05– How big is the Crypto Market?, PIVX and the Moon, ICN on: April 13, 2017, 03:09:39 PM
The Crypto Times v 0.05– How big is the Crypto Market?, PIVX and the Moon, and ICN

https://youtu.be/05CX2bN79Fw

As always, post if you'd like to see something covered.
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 13, 2017, 12:38:27 PM
Why does patrick lack legs?

And arms
292  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 12, 2017, 07:34:43 PM
Quote
You are operating under the assumption that ICN represents ownership of anything. One of the concerns is that the token 'ICN' is now completely divorced from the platform, and serves purely as a stake in the company's success, with its value driven by nothing but speculation. Under this sort of set-up, the value of the token is not necessarily driven by the success of the platform.

How is that different than previous profits distribution way, aka dividends, or from any other company in the world?

How is ICN completely divorced from the platform? Currently it's backed up by Iconomi assets - ICO money, ICNP and ICNX funds. the rest is speculation for future success.
How is that different than any other stock out there? If the company products/services are used by a lot of people, and the company has a solid business model - this will drive tits stock price up.
Same with Iconomi

It was backed up by the assets when dividends were going to be paid from the profits realised, and when people were more convinced they actually owned something. That gave the token value in the form of a 'passive income'.

I have explained this before. The connection is purely psychological now (not my words... the words of people who favour buybacks)

I might be wrong. I've said that too. But I am explaining the reasons behind people's concerns, and why more information is required from the team.

There's a number of ways of looking at it, and not all of them are positive. This is why people are asking questions, and want answers.

People like you have just been replying with "best case" responses, which aren't backed by any concrete information. Again, as I've stated before, you should be encouraging the team to respond to the concerns people have raised - not attempting to respond to them yourself. There's no point, because people don't want YOUR answers. They want the team to answer.

It's just irritating when somebody talks about these things, and the only response they get is a random user giving some silly calculation based on reduced supply, or some other baseless theory about why this system will work.

You all seem to think you're the experts with all of the answers, and people with questions aren't "enlightened" enough to understand the methods of the wise and powerful gods of Iconomi  Roll Eyes

Incredibly false.

ICN will be able to deliver hard financial statements (Balance sheet, income statement, statement of cash flows, etc) and will be far more value driven and less psychological than just about any other crypto available.

Hell, a year from now you'll be able to analyze it by EPS (earnings per share... or earnings per coin would be more apt, I suppose), like any fundamental, financially viable, value based investment.
293  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 12, 2017, 06:57:12 PM
You are operating under the assumption that ICN represents ownership of anything. One of the concerns is that the token 'ICN' is now completely divorced from the platform, and serves purely as a stake in the company's success, with its value driven by nothing but speculation. Under this sort of set-up, the value of the token is not necessarily driven by the success of the platform.

You might say "Yes, the whitepaper said it represents ownership", but you'd have said the same about dividends at one time. What else might have changed?

At this stage, we don't really know either way. That's why people have raised concerns, and want answers.

There are other concerns too. The above is just a small portion of what people have been asking. And they want answers from the team - not just from other users/investors like you or I.

That is EXACTLY what I want.

IDGAF about the platform, tbh.  I care about ICN and its unique opportunity to capture the huge influx of money heading to the crypto space (in a few years, the crypto market cap will be measured in the TRILLIONS, not billions).

My career is with major financial firms in the US.  ICN represents the opportunity to own a chunk of the future Merrill Lynch/JP Morgan... and you're fucking right I'm snapping up all I can get my paws on.

In 2008, after a huge financial collapse, Bank of America paid $50 billion for a hugely discounted Merrill Lynch... ICN valued at $35 million in a historically ripe growth market?  

Sign.

Me.

The.

Fuck.

Up.

(disclaimer: also hugely bullish on BTC, ETH, PIVX, NEM)
294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 12, 2017, 06:50:58 PM
i'm fine with 8$ too  Cool

How are the guys (and gals) feeling about zerocoin progress?

i guess this need some time and better do it right  than rush out.
i'm hoping on summer/fall but you never know in case of development

tbh. i think ZP is far more important than polo and i really don't care about polo too much
all we will get from polo add. is a temp bump nothing more.

on the other hand it is allways good to be on all major xchanges ...
but price should raise cuz of development, marketing and stuff, thats the way to go or at least how i like it.

cheers

I firmly agree.  Even more... with PIVX's success, Polo is inevitable, so who cares.  

Will be a nice price bump, sure, but I'm more focused on implementing new developments and establishing superior fundamentals.

That being said, would be willing to ho myself out if Coinbase picked it up  Cheesy
295  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 12, 2017, 06:47:32 PM
Thanks for the explanation.  To me (in my noob opinion), this changes the supposed value of the token. 

By eliminating ETH dividends and using a ICN buyback method, the sole value of the token is related to the buyback.

The concept of ETH dividends made sense to me, as I'm trying to increase my ETH stash.  If my ICN are working for me and making me ETH, I see value in holding the tokens.

Again this is my noob brain talking, plz correct me - it'll prob be helpful for others too

Yes, you're correct.  A more detailed explanation of how it will work in this case:

The market cap is just the Price x # of coins.

So to make this easy with simpler #s, lets say in this example ICN is worth $87 million, at $1 per coin with a supply of 87 mill coins.

Let's say ICN makes $13 million... they can pay that in ETH through a dividend or they can buy $13 million coins to burn.

If they pay in ETH, every coin holder will earn $0.149 ($13 million profit/87 mill total coins) for every coin they own (MINUS TRANSACTION FEES, LABOR COSTS TO PROCESS, ETC)

If they do a buy-back burn, they can buy 13 million coins ($13 million profit/$1 per coin), and destroy them, reducing the # of coins to 74 million.  Now that $87 million market/74 million (the new coin supply)=$1.176 per coin

So not only do you save on fees and costs, but you make more money... you just have to manually sell some ICN to have the same effect as a dividend payment.

Make sense?
296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 12, 2017, 06:33:33 PM
i'm fine with 8$ too  Cool

How are the guys (and gals) feeling about zerocoin progress?
297  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 12, 2017, 06:32:08 PM
I personally like the buyback option but I agree they should have explained the reasons they changed their mind on dividents. Two of the main reasons are transaction fees and the compatibility with major exchanges IMO; they could have explained it better.

But I didn't see any genuine posts regarding these.. What I saw was FUD from newbie accounts!

Dividends also walk a tighter legal rope with different nation's government tax agencies liability.

Less legal exposure, save substantial money in fees, avoid compatibility issues, and all for the same impact on the bottom line... I love the decision.

Agreed with this - the rationale for doing buybacks instead of dividends makes sense from a legal / management perspective.  What that means from a token value perspective - and how that impacts the investors - is something I don't fully understand.  (among many others)

Although I understand some of the WHY - I was offput by the ICONOMI team not addressing the change from dividends to buyback.

That post doesn't address that there was a change in business model at all.  The whole thing was just bizarre to me and doesn't reflect well on ICONOMI.

Then the way the thread is moderated it's really a bad look.

When a stock pays a dividend, the price is reduced by the amount of the dividend when it is paid out (termed the "ex dividend date")

So say you own 100 shares of XYZ at $10 each.  XYZ decides to pay a $1 dividend to owners.  When it pays that amount, the price of XYZ is reduced to $9 per share, but you were paid the $1 dividend.

So under a dividend system, you have $9 and a $1 dividend.  Without paying a dividend, you have a $10 investment.

ICN would function under the same principal... there is no change and as "part owners", ICN owners should applaud the more efficient "burn" decision.
298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: April 12, 2017, 06:18:04 PM
Can we have smaller images on this thread? It's becoming a never ending scrollfest.

how about you go search the news by yourself and scroll 20x more...?
unbelievable you guys sometimes are lazier than a sloth Roll Eyes

ok next time click ctrl+wheel  to zoom out .
or more simply click ignore




I think everyone appreciates the effort... they'd just appreciate it more if you resized it before posting so it's more manageable to see or continue other conversations.
299  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] ICONOMI - Digital Assets Management Platform on: April 12, 2017, 06:12:36 PM
I personally like the buyback option but I agree they should have explained the reasons they changed their mind on dividents. Two of the main reasons are transaction fees and the compatibility with major exchanges IMO; they could have explained it better.

But I didn't see any genuine posts regarding these.. What I saw was FUD from newbie accounts!

Dividends also walk a tighter legal rope with different nation's government tax agencies liability.

Less legal exposure, save substantial money in fees, avoid compatibility issues, and all for the same impact on the bottom line... I love the decision.
300  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL on: April 12, 2017, 06:05:13 PM
Hello, what is the uniqueness of this coin?
And what would be the roadmap or upcoming updates for this coin?
Prediction for price?

https://pivx.org/what-is-pivx/
https://pivx.org/what-is-pivx/roadmap/

don't ask for price prediction allways make your own!!

lets make this coin at least 50 usd per coin, so we can all become millionaire  Cheesy

btw : as side note, if this coin indeed reach such valuation will it reduce the MN requirement to 1000 pivx?

It will do what the community decides as it always has, imo. 

The emphasis on decentralized governance is one of the core competencies/reasons for PIVX's current success to date.

$50 is incredibly ambitious... I like it  Wink
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