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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253578 times)
Anna_nicole_smith
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January 07, 2017, 03:58:33 PM
 #20741

The platform will be release this week ?
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January 07, 2017, 03:59:45 PM
 #20742

ICN rising and holding value really nicely - it did great during that BTC crazy run upwards.
I make some profit to, and wait the 350K down to the moon!! Grin
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January 07, 2017, 04:17:50 PM
 #20743



Mhmmm ... Something changed here, but I can't see what it is  Roll Eyes

Ah, maybe its the 236,010.000 buy wall at .000308 Cheesy

ICN investors are going to build a great wall, and nobody builds walls better than us, believe me.  We will build a great, great wall on Kraken, and we will fud to make noobs dump into that wall. Mark my words.

No, no...Trump said that wall will build Mexicans.  Grin Grin Grin Wink
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January 07, 2017, 04:20:32 PM
 #20744



Mhmmm ... Something changed here, but I can't see what it is  Roll Eyes

Ah, maybe its the 236,010.000 buy wall at .000308 Cheesy

ICN investors are going to build a great wall, and nobody builds walls better than us, believe me.  We will build a great, great wall on Kraken, and we will fud to make noobs dump into that wall. Mark my words.

No, no...Trump said that wall will build Mexicans.  Grin Grin Grin Wink

all walls will be conquered


To da Moon
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January 07, 2017, 04:38:35 PM
 #20745

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.


Don't we all like it when Mal does these calculations?
 Smiley

Yup, it was spot on! Thanks for that Mal.

Usually company shares are valued based on 6% dividends return. The fact we haven't included ICNX, ICNP and only used conservative figures based on ONE exchange (volume from all exchanges combined in last 24 hours is close to $300m). So even on very conservative calculations price is extremely undervalued. We haven't even started to speculate on how much money will come in from OUTSIDE of crypto  Cool
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January 07, 2017, 04:43:51 PM
 #20746

If that sell wall is broken, we may see a nice climb to 0.00100 this weekend.

0.00100 this weekend.

0.00500 after ICONOMI Platform launch.

0.01 after OFM Platform launch.

When this 100k floor is coming we are waiting for this but it taking too long time. I'm still holding my tokens even already it's 2x than my actual buy price but I have believe sooner will reach to 100k.

Will someone please sell me 10k ICN for 0.000338 my buy order is on kraken

Someone sells me 228K ICN at 32100. My order is also in kraken.

Dafuq you're Talking about? That's my order  Grin
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January 07, 2017, 04:51:20 PM
 #20747

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.


Don't we all like it when Mal does these calculations?
 Smiley

Yup, it was spot on! Thanks for that Mal.

Usually company shares are valued based on 6% dividends return. The fact we haven't included ICNX, ICNP and only used conservative figures based on ONE exchange (volume from all exchanges combined in last 24 hours is close to $300m). So even on very conservative calculations price is extremely undervalued. We haven't even started to speculate on how much money will come in from OUTSIDE of crypto  Cool

I was about to say that. Iconomi doesn't aim at those who already are in crypto, they aim for these outside of it - the old economy! There is so much more money than our 16.8 Billion. I hope their affiliate program will be on point so everyone has a good reason to drag in a lot of new people. I already dragged my mother, father and some close friends in!  Grin
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January 07, 2017, 05:04:11 PM
 #20748

ICN rising and holding value really nicely - it did great during that BTC crazy run upwards.
I make some profit to, and wait the 350K down to the moon!! Grin


It will come just hold and wait, ICN has yet a lot to show.
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January 07, 2017, 05:17:01 PM
 #20749

that wall is gone  Huh


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Raizou
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January 07, 2017, 05:21:57 PM
 #20750

It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?!  Cool
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January 07, 2017, 05:30:34 PM
 #20751

It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?!  Cool

ICN is a weird one, it was dumped under ico price, but it recovered very soon, with tiny investment on golem, it pumped to 40k sat, but golem is bad investment, under ico too.
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January 07, 2017, 05:46:37 PM
 #20752

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.


Don't we all like it when Mal does these calculations?
 Smiley

I don't like maths nor calculations, except when Mal does them  Cheesy

"Panic Selling is not an Investment Strategy"
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January 07, 2017, 05:59:47 PM
 #20753

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.



I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good.

Math is not the problem, reaching the point of success is what's challenging Smiley

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January 07, 2017, 06:04:27 PM
 #20754

Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...

Do I hear someone off in the distance asking for a math calculation to be done?  Wait just a moment....why, yes....yes I do !!!!

So Polo has $24M per day in trading volume.  That's roughly 30*24M = $720M in trading volume per month.

Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017.  At that point,  OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month.  Hey, that sounds like a reasonable goal....

Poloniex fees are detailed at https://poloniex.com/fees/.  If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking  0.002 * 72M =  $145K per month in OFM fees, or around $1.75M per year.  As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform.   Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year.  These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token.  

So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.  

IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES.  THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.

BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE.  THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS.  THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS.


I AM HODLING.



I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good.

Math is not the problem, reaching the point of success is what's challenging Smiley

But with having already one article about Iconomi in the Forbes magazine, I think they have good relationships and their marketing team will do a great job

JOIN OFFICIAL ICONOMI SLACK FOR INSTANT NEWS FROM THE TEAM - http://iconominet.herokuapp.com
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January 07, 2017, 06:08:55 PM
 #20755

Big buy wall is down and sell wall is just at 37k now

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January 07, 2017, 06:29:38 PM
 #20756

No more walls till 40k now Smiley

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January 07, 2017, 06:30:36 PM
 #20757

No more walls till 40k now Smiley
Time to Lambos =)
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January 07, 2017, 06:36:21 PM
 #20758

No more walls till 40k now Smiley
Time to Lambos =)

No, please, no more lambo-posting.
Post some gifs instead.
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January 07, 2017, 06:37:44 PM
 #20759

No more walls till 40k now Smiley
Time to Lambos =)

There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo

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January 07, 2017, 06:49:36 PM
 #20760


By this time approximately, last year, the escalation of Eth began.  Grin Grin Grin
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