[ANN] ICONOMI - Fund Management Platform

[MalReynolds]

Oh we're talking $ value?  Are we back to the old economy now?

To each his own. For me the $ is not my denominator. BTC is.

We're always gonna be using the value of the least volatile currency to compare what's happening between other currencies.  Today, and probably tomorrow, that's the USD.   Eventually BTC may become less volatile that the US Dollar.  But not yet.

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[MrPresident]

The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.

Dude, you are having math issues.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.

1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.

There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?
Don't make me come to Oahu from BI and count abacus coconuts! 

[MalReynolds]

...this will take off before dumpers have a chance to buy back in.

And that's EXACTLY why I'm ignoring mild value swings in ICN price and HODLING.

[honolulumark]

The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.

Dude, you are having math issues.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
get with the program.

1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.

There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?

look guys, I don't see why are we arguing, it's not like I'm gonna sell or something, I'm just trying to get this motherfucker higher.
Cause right now Bitcoin is booming, and you know what are investors thinking? Well ICN didn't follow BTC going up, so what's the point of buying, cause BTC is continuing its moon trip.
BUT, if they see that ICN not only goes up but outperforms BTC then you know what's the first thing they're gonna do? Dump their BTC to buy ICN.

It's not that hard, I hope the ICN team thinks the same way I do, it's not rocket science, just psychology 101.

So, get your shit together, and start pumping. Spare me with all the other BS, I want results.

[MrPresident]

The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.

Dude, you are having math issues.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
get with the program.

1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.

There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?

look guys, I don't see why are we arguing, it's not like I'm gonna sell or something, I'm just trying to get this motherfucker higher.
Cause right now Bitcoin is booming, and you know what are investors thinking? Well ICN didn't follow BTC going up, so what's the point of buying, cause BTC is continuing its moon trip.
BUT, if they see that ICN not only goes up but outperforms BTC then you know what's the first thing they're gonna do? Dump their BTC to buy ICN.

It's not that hard, I hope the ICN team thinks the same way I do, it's not rocket science, just psychology 101.

So, get your shit together, and start pumping. Spare me with all the other BS, I want results.

Well said...     just wanted to be sure you understand that most of us still have "breathing room" there.

[tuvok007]

Where can I pickup my iconomi newsletter bounty reward ??

[MrPresident]

Where can I pickup my iconomi newsletter bounty reward ??

You can't be serious.

[honolulumark]

The investors that bought with btc are down %20, no need to sugarcoat it.
Sure, it's not your fault that Bitcoin boomed, but if you want to have a good face you got to keep that ratio up or even higher, and right now you're failing miserably at it.

Dude, you are having math issues.
Alts are quoted in btc so if btc rises, so do the value of alts providing the same trade ratio.
get with the program.

1 ICN @ .0002 when BTC is 600 = 12 cents.
1 ICN @ .0002 when BTC is 700 = 14 cents.

There's no "sugar coating" there, that's basic math.
Need I go on and deduct bonus periods for you?

look guys, I don't see why are we arguing, it's not like I'm gonna sell or something, I'm just trying to get this motherfucker higher.
Cause right now Bitcoin is booming, and you know what are investors thinking? Well ICN didn't follow BTC going up, so what's the point of buying, cause BTC is continuing its moon trip.
BUT, if they see that ICN not only goes up but outperforms BTC then you know what's the first thing they're gonna do? Dump their BTC to buy ICN.

It's not that hard, I hope the ICN team thinks the same way I do, it's not rocket science, just psychology 101.

So, get your shit together, and start pumping. Spare me with all the other BS, I want results.

Well said...     just wanted to be sure you understand that most of us still have "breathing room" there.

I just hate being in the red, hate it.

[sanchicharro]

Was reading in the Plutus Slack and this post from their rep made me instantly think in a collaboration/merge between ICONOMI and Plutus:



Please tell me that I'm not the only one that thinks that they will make a great duo, better if they are with Kraken

[ShooterXD]

Maybe this dump happen cause people want money to invest in Ark.

But the price still stable!

[mybitcoin101]

bottom line for me is to gain more bitcoin. dont care about $$ unless i was getting out fast.

[Mongwapogi]

Maybe this dump happen cause people want money to invest in Ark.

But the price still stable!

What happens to ICONOMI will also happen to ARK. But I'm not sure if the price is the same with ICN price today when hits it in the exchange.

The wrong moved of the ICN is they don't want to use other exchange like bittrex or polo.

[poloniexwhale]

Maybe this dump happen cause people want money to invest in Ark.

But the price still stable!

I think this dump is still from bounty hunters, they have 2 million bounty iconomi tokens, a few dumped above 20k sat, which was rough ico price. And some others are dumping below ico price because their tokens are free(or earned from daily forum posting, tweeting, fb posting) Also some weak hands dumped with losses, I wait for their chips at 10k or lower. And then Enjoy big profits next year.

[MoveCrypto]

https://www.reddit.com/r/ICONOMI/comments/5a7dzb/legal_update/

[tomboi]

waiting iconomi listed in bittrex or poloniex

[ShooterXD]

https://www.reddit.com/r/ICONOMI/comments/5a7dzb/legal_update/

Nice to see the things moving. We must wait until early 2017 to see solid results.

[electronicash]

Maybe this dump happen cause people want money to invest in Ark.

But the price still stable!

Most probably yes, their ICO starts today.
ARK TEC will last for 4 weeks and during that 4 weeks, a development on ICONOMI platform will be released and these guys will probably regret seeing the price can be a lot higher when they decide to buy back.

[ClaraLuV]

So what is the profit in this.  If i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment.  How do we evaluate the progress of this project?

As I posted back on page #638....

Let's talk about ICONOMI dividends.

First, some facts.  The ICONOMI ICO ended on Sept 29.  On that day, Bitcoin was worth 605 USD / BTC.   ICONOMI closed their ICO with $10,682,516 in crowdfunding.  So they got 10,682,516 / 605 = 17,657 BTC equivalent.  That investment paid for 85,000,000 ICN tokens.  So each token at end of ICO was worth 17657/85M = 0.0002077 BTC each or 0.0002077*605 = 0.1257 USD each.

The deal was that the first 10K BTC would go into ICONOMI development and the remainder (7,657 BTC equivalent = $4.62M) would go into the ICN.Performance (ICNP) fund.  ICO participants would then split as dividends 20% of profits from this initial ICNP investment of $4.62M.

There are also supposed to be numerous other dividend income streams from fees, etc.  We're gonna ignore them for now, and talk here only about ICN dividend profits just from ICNP.

Here's the key question: What dividends must ICNP yield to be considered a success?  

My answer: ICNP will be a HUGE success if it yields annual dividends greater than those produced by the top dividend stocks on the American NASDAQ exchange.  The top dividend yield of any NASDAQ stock is 23% from OXLC.  Note that the top-yielding Credit Suisse stock of SLVO yields 14.65%.  If ICONOMI can deliver better yields than the best that Credit Suisse has to offer, ICONOMI will be doing VERY good indeed...



So the "success" question above becomes "what does ICNP have to do so that 20% of its 2017 profits equals 23% of its total ICN token ICO value of $10.68M?"

Well, that's just straight algebra.

(0.2) * (2017 ICNP Profit) = (0.23) * $10.68M

2017 ICNP Profit = ((0.23)/(0.20)) * $10.68M = $12.3M

So for annual ICN dividends to equal the best that NASDAQ stocks have to offer, during 2017 Jani and Co. must turn the ICNP original $4.6M into $4.6M+ $12.3M = $16.9M.

That's a 3.7X multiplier.

BOTTOM LINE: If you believe Jani and Co. can take $4.6M and multiply its value by 3.7X during 2017 in the Cryptocurrencies market, then you need to head over to Kraken and buy ICN, because hitting that target will make ICNP a better dividend producer than any stock on NASDAQ.  

Note that ICONOMI dividends will outperform the best NASDAQ Credit Suisse dividend stock by "only" hitting a 2.7X multiplier for ICNP in 2017.

(And if YOU think YOU can run a crypto fund that will hit 3.7X or even 2.7X during 2017, then YOU need to get your fund on the ICONOMI platform!)

Thank you for your elaborate answer ,but my other doubt is i am holding all my ICN in kraken ,so when ever they issue dividends will i be eligible to receive those in my account or i should store all of my ICN in their website. i am having this doubt since i am a noob i do not know how things work in the digital world

thanks for your reply cheers

[MrPresident]

Maybe this dump happen cause people want money to invest in Ark.

But the price still stable!

Most probably yes, their ICO starts today.
ARK TEC will last for 4 weeks and during that 4 weeks, a development on ICONOMI platform will be released and these guys will probably regret seeing the price can be a lot higher when they decide to buy back.

peeps buying lisk for the 120% bonus period in ARK ICO (first 24 hours)
starts in 15 hours. All crypto's dropping but lisk. 

[MoveCrypto]

MOON - that's where this is going with so much ICO money.

I agree, Iconomi working smart every day to get us ready for the moon journey:

ICMP is quietly active. We talked or met with at least 10 upcoming ICO (most are not even pre announced as of today) and we're checking every single ICO that pops up for opportunity to invest. However, the way ICOs are done will have to change - more on that soon.