[ANN] ICONOMI - Fund Management Platform

[MoveCrypto]

Oh well... ICN will just keep rising until the rescheduled launch date in early 2017  

Exactly... the price will just keep rising since the launch anticipation will only keep getting bigger & bigger  

ICN is back up again in the 30k's  

Sorry for the dumpers who dumped in the 20k's  

there is no buy support to hold 30K price, maybe when iconomi announces revised date for platform launch. the point is with cancellation of launch, there is effectively NO NEWS. so all the price hike doesn't make much sense.

This guy who dumped 360k has at least 110 BTC in his Kraken account waiting to buy back in now.

https://etherscan.io/token/ICONOMI?a=0x170c8e0ec988ff96e19ec1553b289d21b2024f6c

He's probably a clever trader, so I bet he buys in small chunks instead of risking starting a rally by putting up one big buy wall.

I love the free market, so I must say I prefer crypto market instead of traditional markets with regulators trying to prevent "insider trading".  It's literally impossible to regulate a market to the point where every participant trades with the exact same information.

Imagine a big shareholder decides to hold his shares and not make any trades at all because he has inside information that the price will likely pump in a few months.  That could also be considered insider trading, but it's impossible to prove because the guy didn't make any trades.  That's why I think trying to prevent "insider trading" and sending martha stewart to jail are often pointless exercises.

[usorin]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

Simple way of finding out if it was insider trading...check the time stamps when the big dump happened and when the ICN team posted the announcement on their blog...if it's after the announcement then it's not insider trading just someone that acted fast, if it was before then that proves it was insider trading.

The postpone announcement was made about 4 hrs ago. The dump begun 2 days ago ( on Dec 26 someone dumped around 140k ICN then 200k ICN)  and so on..) Those people knew it about postpone date.. Thaaaa

[andreibi]

So glad I sold in profit 

What's happening now (hourly)

Meh, support broken. Back to 28 - 30k. Whales have spoken, hype over. Rally will resume next year after some painful correction.

WTF

Shorts got fucked. PINBAR in the daily chart.



I thought that red candle will follow though. Oh well, sold in profit....What was the ICO price again?  0.00020660BTC? Decent 80% profit.

[kobilica]

Someone doesn't means same person, there are many traders in ICN just looking to make a profit.

[usorin]

Insider trading is the only reason there is money to be made in crypto.....if there is no insider trading then it ain't crypto.

You are right  but not when you are playing with investors money... Investors has the right to know  at the same time about infos. All or no one!!!

[btcdevil]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

I agree with you because without knowing no one will try to sell off, if everyone comes to know about it then the market would have crashed below 15k price, so i think this crash is temporary or someone want to trade and sold it on high and now waiting to buy back in low. What ever it has crashed due to this postpone of index market on 28th

[kobilica]

Whatever, i am HODLing.

[usorin]

If that was the first time you've seen someone make a big trade on info that is not yet public, then welcome to the crypto markets.

Common man !! If you know the release date  and price can go up ( 100% ) why you should to dump your stake ? Always I supposed that crypto people have some level of  intelligence !! I was wrong !

[MoveCrypto]

If that was the first time you've seen someone make a big trade on info that is not yet public, then welcome to the crypto markets.

Common man !! If you know the release date  and price can go up ( 100% ) why you should to dump your stake ? Always I supposed that crypto people have some level of  intelligence !! I was wrong !

I agree that the 360k seller probably knew about the delay before the rest of market.

Crypto is one of the most free markets there is, so how would you prevent such trades from happening?

[kobilica]

Make big scary buy walls that are 33% lower than actual price?

[pind919]

Can some one check from where the 360K transaction was made from ?  If it was Slovenia then it was obvious that its from (insider) ICONOMI information...

They knew 2 days ago that there will not be any ICNX platform ready for 28th...


PR team needs to take some actions (but i am afraid the order came from headmasters (TIM &JANI) to cancel and restore the date on somewhere in 1st Q of 2017 LOL) that can be 1-4 months !!!!

 That explains why so many 50K sell walls were created !!!?!??!

SOmebody make easy money not fair to play like this with investors!!

[usorin]

If that was the first time you've seen someone make a big trade on info that is not yet public, then welcome to the crypto markets.

Common man !! If you know the release date  and price can go up ( 100% ) why you should to dump your stake ? Always I supposed that crypto people have some level of  intelligence !! I was wrong !

I agree that the 360k seller probably knew about the delay before the rest of market.

Crypto is one of the most free markets there is, so how would you prevent such trades from happening?

I don't understand your statement

1) You admit that there was some leaks information
2) In this case  where is that free market? Free market  it supposed to be  fair for all of us.. thaaa

Nobody should know such information before others. It's unfair, wrong and bad!

[pind919]

WE are diving to the 19 place in charts!!!


I wanna BET that in 5 hours we will be at 18th place!!


13   Iconomi Iconomi   $22,942,509   $0.263707   87,000,000 ICN *   $395,422   -15.90%

[MonsterV]

Exchanger as Liqui.io bring ICN prices fell to 22k while I looked at the price of ICN in kraken still on 28k
Thoroughly enjoyable moment but unfortunately the volume of transactions is very low there

[MoveCrypto]

If that was the first time you've seen someone make a big trade on info that is not yet public, then welcome to the crypto markets.

Common man !! If you know the release date  and price can go up ( 100% ) why you should to dump your stake ? Always I supposed that crypto people have some level of  intelligence !! I was wrong !

I agree that the 360k seller probably knew about the delay before the rest of market.

Crypto is one of the most free markets there is, so how would you prevent such trades from happening?

I don't understand your statement

1) You admit that there was some leaks information
2) In this case  where is that free market? Free market  it supposed to be  fair for all of us.. thaaa

Nobody should know such information before others. It's unfair, wrong and bad!

Trying to regulate a market so that it is "fair for all of us" would actually be a socialist market.

A free market like crypto is one in which prices are determined by unrestricted competition.

[StarofBTC]

If that was the first time you've seen someone make a big trade on info that is not yet public, then welcome to the crypto markets.

Common man !! If you know the release date  and price can go up ( 100% ) why you should to dump your stake ? Always I supposed that crypto people have some level of  intelligence !! I was wrong !

I agree that the 360k seller probably knew about the delay before the rest of market.

Crypto is one of the most free markets there is, so how would you prevent such trades from happening?

no one can prevent these sellings.. if someone want to sell his ICN it is his own call to do that. bitcoin price is increasing so much so it is a normal and expected thing that people will sell their ICN now.. lots of people don't care few satoshi of ICN funds.. the current profit is even bigger than that.

[pind919]

can some one check how many big walls (50K + ICNS) were sold on both Liqui and Kraken  from 25.-27. and we can see who knew the info!!!

[kobilica]

I guess it's shaking off weak hands season again 

[kobilica]

It's just temporary low.. there is almost no sell pressure.

[virasog]

Insider trading is the only reason there is money to be made in crypto.....if there is no insider trading then it ain't crypto.

You got a point mate. But this is a free market with no regulations and nobody to prevent such activities like insider trading. There are pump groups who have connections with developers of many altcoins and they pump them up.

The best way is to go with the tide and try to profit from it.