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petricag
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November 10, 2016, 10:16:14 PM |
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About liqui - you can't seriuosly compare it with polo or kraken
I compare them at the level ... they are both exchanges ... that's it  ... nothing more. |
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Wall-Street
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November 10, 2016, 10:20:06 PM |
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Personally I rather NOT see ICN on Bittrex before Poloniex.
If ICN goes to Bittrex first, the pump won't be high enough and won't be sustained as on Poloniex.
There's just not much liquidity on Bittrex.
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5thangel
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November 10, 2016, 10:24:55 PM |
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i am 100% sure that must be a reason why ICN not on Polo or TRex . ICONOMI tim not stupid people.. so just let them do the job  there a few very big investors and they not just dump money on first ico they see... |
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Daparski
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November 10, 2016, 10:28:03 PM |
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The russian translator was pretty much the only active one, and his thread was super active.
Since devs had certain amount of tokens locked for that, he got most of it.
He also did pretty good job, btw
My intent was not to argue about how good was the Russian translation ... there were voices saying it was a lot of spam ... but never the less ... that is not the point. When you manage to raise 10 m $ you can pay 3 BTC to list the coin on Rex so that there are no discussions ... they would be able to gain back that amount by trading 0.5% of their own tokens (I mean ... they have trading experts there to take care of the funds and indexes .. right?). If the fee would've been 100 BTC to list the token on Rex ... I would've understand ... it doesn't worth to pay those money ... but with such a low fee ... For me its a red flag, as I cannot come up with a decent explanation about this. How about that one (just a theory): Listing it on polo now, before a single milestone is met will turn it into another pump and dump coin, like many others Since the. main goal of the project is to connect crypto with fiat investors, such an instability will not be good for the project. From what i see, the team aims for something long, and is not interested in price manipulation conducted on a daily base by whales. That is if they can actually prevent polo from listing it |
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stormia
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November 10, 2016, 10:28:08 PM |
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 Don't be greedy, just sell and move on. Have you ever made money off an ICO? I see you in all these ICO threads and based on your posts and the timing of your posting it seems like you always get impatient and sell low before the coin even has a chance to go up. |
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Daparski
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November 10, 2016, 10:30:27 PM |
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About liqui - you can't seriuosly compare it with polo or kraken
I compare them at the level ... they are both exchanges ... that's it ... nothing more. I ment from regulatory point of view |
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BDdomino
Newbie
 Offline
Activity: 57
Merit: 0
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November 10, 2016, 10:31:21 PM |
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Ok they pay a translator 50 btc "thats a nice home in russia".. i don't care if he was best translator ever that amount was unreasonable when people put real hard earned money in.. the other thing is they got 10 million from us and they have done nothing to help us make money or even protect our investment.. dodging tough questions and making us wait till the 15th to even ask questions "ridiculous" all they have done as far as i can tell so far is post screen shots of a website that anyone can do.. maybe if they had gotten this damn thing on a exchange with decent whale volume people would not be so upset... starting to feel like we all got burned  |
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petricag
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November 10, 2016, 10:37:33 PM |
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Since the. main goal of the project is to connect crypto with fiat investors, such an instability will not be good for the project.
Why such an instability will not be good for the project. What do you mean ? They have 10 m $ to do their job. The "instability" of the value of the ICN is not relevant. Am I wrong? Please detail on this. From what i see, the team aims for something long, and is not interested in price manipulation conducted on a daily base by whales.
Again ... they don't have to care about the value of the token ... they already have the 10 m $ which are not linked to the value of the token. In stead they are actually manipulating the value, by not adding the token to Polo / Rex. Let the free market decide which is the "correct" value. If let's say, I would be an investor in one of the index / funds on the platform ... why would I care about the token value? There is no correlation as the amount raised during the ICO and invested in the platform/fund/index are no stored in ICN token but in fiat / BTC / ETH and LISK ... |
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rapazev
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November 10, 2016, 10:38:14 PM |
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Ok they pay a translator 50 btc "thats a nice home in russia".. i don't care if he was best translator ever that amount was unreasonable when people put real hard earned money in.. the other thing is they got 10 million from us and they have done nothing to help us make money or even protect our investment.. dodging tough questions and making us wait till the 15th to even ask questions "ridiculous" all they have done as far as i can tell so far is post screen shots of a website that anyone can do.. maybe if they had gotten this damn thing on a exchange with decent whale volume people would not be so upset... starting to feel like we all got burned The jealousy is real... dude, they never planned to pay 50btc for one translation. They had an amount to ALL translations, unfortunately, the russian translation got a big piece of the bounty because the others didnt have the same amount of pages.. the same thing could happen to any other bounty. |
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petricag
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November 10, 2016, 10:39:37 PM |
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I ment from regulatory point of view
And I meant that the dev's cannot force an exchange not to list the token ... From the regulatory point of view if Kraken listed it ... I would say any exchange can ! |
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Daparski
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November 10, 2016, 10:58:39 PM |
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Ok they pay a translator 50 btc "thats a nice home in russia".. i don't care if he was best translator ever that amount was unreasonable when people put real hard earned money in.. the other thing is they got 10 million from us and they have done nothing to help us make money or even protect our investment.. dodging tough questions and making us wait till the 15th to even ask questions "ridiculous" all they have done as far as i can tell so far is post screen shots of a website that anyone can do.. maybe if they had gotten this damn thing on a exchange with decent whale volume people would not be so upset... starting to feel like we all got burned Why don't you look at the facts? It will make it so easier, and maybe you will feel less burned. Devs locked 2% of ICN for bounties, and part of that amount was reserved for translation and forum moderation. Since they were very, very little translations, the major one got big part. Besides, how is that any of your concern? Those 50btc were not paid from ico money. What's next? Complaining about the salaries they pay? |
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Daparski
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November 10, 2016, 11:01:15 PM |
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I ment from regulatory point of view
And I meant that the dev's cannot force an exchange not to list the token ... From the regulatory point of view if Kraken listed it ... I would say any exchange can ! So why ppl keep complaining? If it is not up to the devs, it is polo call whether to list it or not. |
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Daparski
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November 10, 2016, 11:03:27 PM |
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Since the. main goal of the project is to connect crypto with fiat investors, such an instability will not be good for the project.
Why such an instability will not be good for the project. What do you mean ? They have 10 m $ to do their job. The "instability" of the value of the ICN is not relevant. Am I wrong? Please detail on this. From what i see, the team aims for something long, and is not interested in price manipulation conducted on a daily base by whales.
Again ... they don't have to care about the value of the token ... they already have the 10 m $ which are not linked to the value of the token. In stead they are actually manipulating the value, by not adding the token to Polo / Rex. Let the free market decide which is the "correct" value. If let's say, I would be an investor in one of the index / funds on the platform ... why would I care about the token value? There is no correlation as the amount raised during the ICO and invested in the platform/fund/index are no stored in ICN token but in fiat / BTC / ETH and LISK ... Why do you assume that they prevent polo from listing it? |
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petricag
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November 10, 2016, 11:07:00 PM |
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Why do you assume that they prevent polo from listing it?
Because I have no better explanation. And its not about preventing ... is about having an agreement ... its totally different thing. |
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Daparski
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November 10, 2016, 11:11:32 PM |
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Why do you assume that they prevent polo from listing it?
Because I have no better explanation. And its not about preventing ... is about having an agreement ... its totally different thing. Agreement involves two parties at least. Assuming legal is not an obstacle, why would polo not want to list iconomi? Do they see them as future competitors? If not, it has to be something we don't see |
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aDAPPter
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November 10, 2016, 11:15:38 PM |
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If they have an NDA with Poloniex, why can't they just ask Polo to list ICN already?
It's much more complicated to list anything on Kraken, and ICN was listed there already, so they're aren't any legal obstacles.
I don't agree with delaying the launch on Poloniex, it does not sit well with most investors.
They should let the free market price the token, rather than try to control the market.
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Kasmetski
Jr. Member
Offline
Activity: 50
Merit: 3
Searchin` perfection!
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November 10, 2016, 11:20:22 PM |
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From some time I'm interested in ICN and still wondering should I make an investment.
I have a question.. Is this for real?
- "So for god sake ... if they afforded to pay some Russian translation 50 BTC "
I saw a comment like this above from other users too? Is this true and what he translated for 50BTC!?!??
The russian translator was pretty much the only active one, and his thread was super active. Since devs had certain amount of tokens locked for that, he got most of it. He also did pretty good job, btw I have no problem with the Bratushka (with love from BG) who took 50 BTC, For me, as a future investor, is weird to give someone money who pays 50 BTC for a translation..But now I read that there was a bounty before, so I understand the situation. Still learning about ICN and still wondering how much to invest. For now the price is good for buying but I will probably wait little longer. I see some people are worried for a pump/dump on Polo but if the tokens are good they will have a good price after while, no matter initial pumps/dumps |
Makefinity - Unleash Your Creativity
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BDdomino
Newbie
Offline
Activity: 57
Merit: 0
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November 10, 2016, 11:20:45 PM |
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No my point is they could of managed the bounties better by putting caps on translations... The russian translator was probably having conversations with himself their were over 5000+ people talking in the russian thread if i remember correctly but only 3000+ people invested in iconomi.. so obvisiously something doesn't add up there... they were happy to give away free icn of course from bounty that could of gone to something else.. I was a founder too btw and as a founder i think we should have a say in how funds are spent to some extent especially since these guys don't seem to know the crypto world very well so far.. or they do and thats why this thing is starting to "stink" more by the day like a huge scam they either did intentionally or didn't research got in over their heads in which case tai zen is right and they are violating sec laws.. which is the only reason i see for no polo or bittrex add.. maybe kraken made mistake and soon delist who knows.. if this is how they think investing works good luck with their performance funds haha.. they are not going to get the fiat world buying icn the fiat world is barely interested in btc.. to any hedge fund manager this would be a pink sheet penny stock not worthy of investing btw so don't expect wall street coming any time soon !!
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Daparski
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November 10, 2016, 11:23:22 PM |
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Since the. main goal of the project is to connect crypto with fiat investors, such an instability will not be good for the project.
Why such an instability will not be good for the project. What do you mean ? They have 10 m $ to do their job. The "instability" of the value of the ICN is not relevant. Am I wrong? Please detail on this. From what i see, the team aims for something long, and is not interested in price manipulation conducted on a daily base by whales.
Again ... they don't have to care about the value of the token ... they already have the 10 m $ which are not linked to the value of the token. In stead they are actually manipulating the value, by not adding the token to Polo / Rex. Let the free market decide which is the "correct" value. If let's say, I would be an investor in one of the index / funds on the platform ... why would I care about the token value? There is no correlation as the amount raised during the ICO and invested in the platform/fund/index are no stored in ICN token but in fiat / BTC / ETH and LISK ... Why such an instability will not be good for the project. Lets say it gets on polo and price goes up to ~$1. That price represents nothing but speculation for now. It is like a buble. Why would a fiat investor put money, or invest money in index managed by a company like that? Add to that that this is crypto, and most potential fiat investor don't even know what that means. Just a thought in this late hour |
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