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Author Topic: [ANN] ICONOMI - Fund Management Platform  (Read 1253578 times)
MoveCrypto
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January 07, 2017, 06:52:47 PM
Last edit: January 07, 2017, 07:07:37 PM by MoveCrypto
 #20761

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

How do we know there's not accounts or bots loaded with lambo money that have been buying in small chunks to avoid setting off a pump like they would if they showed their hand on the buy side?

For example, within the past 6 weeks, these 6 accounts have withdrawn a net total of 1.5M ICN from Kraken, so there may be some hidden lambo buy support:

https://etherscan.io/token/ICONOMI?a=0x2876628d9923596298caa40ebc4dbc5b3af2350f
https://etherscan.io/token/ICONOMI?a=0x79786a6751bd580823b2bbcd0d02803466861ed5
https://etherscan.io/token/ICONOMI?a=0x6fd78c5e9b84a2abb8fdfaed1428726200af5a9d
https://etherscan.io/token/ICONOMI?a=0x9f275a28d338c81a9b1186415bf01ce71d79c68b
https://etherscan.io/token/ICONOMI?a=0xfceedd2936ae58540a2c5e90fa1b6e0df91c07a2
https://etherscan.io/token/ICONOMI?a=0xe911612488419d526ac12f561f9323d71c7ded9b

MoveCrypto for Komodo Notary
https://komodoplatform.com/
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bogdanbm
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January 07, 2017, 06:54:05 PM
 #20762

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


In these times, a single person can double the price if buy or null the price if sell, in both directions everything could go very fast. I hodl becuase I am confident that the direction will be north Smiley In top 100 currencies there only 4-5 that actually deliver a working product, icn is one of them, and with the brightest future my opinion.
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January 07, 2017, 07:08:56 PM
 #20763

is there a pump? price hit 370 for a second

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January 07, 2017, 07:13:53 PM
 #20764

WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!
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January 07, 2017, 07:19:18 PM
 #20765

WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!

exactly. I counted last few buy orders together and sell orders together and numbers were almost the same

LeonardoDaVinci
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January 07, 2017, 07:20:56 PM
 #20766

In response to a question on news by daparski in slack, jaka provided the following response:

jaka [6:35 AM]  
we are working to be ready for next round of early access
[6:35]  
we'll share more in the following few days



https://iconominet.slack.com/messages/general/details/




Roger that....
Reporting to launch station immediately.
Over and out...Khrrrrrrrrrrrrr



My guess is Tuesday or Wednesday of next week since those are the preferred launch days of ICONOMI devs.

ICN hodlers be like:


Are they still gonna do a round of early access testing or will it be a public launch ?

That's what Jaka said...
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January 07, 2017, 07:21:14 PM
 #20767

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

Yup, Same here  Smiley
kobilica
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January 07, 2017, 07:23:10 PM
 #20768

WHALE WARS!!!!

someone is selling 0.00033 and other buying 0.00037!!

exactly. I counted last few buy orders together and sell orders together and numbers were almost the same

maybe it's just two bots
BitPotus
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January 07, 2017, 07:23:24 PM
 #20769

FFS, enough with the same pictures.

get some hot bitch with a lambo or some hot babe on rocket....

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January 07, 2017, 07:28:14 PM
 #20770

FFS, enough with the same pictures.

get some hot bitch with a lambo or some hot babe on rocket....




I like that !!


MOON TIME?? Cheesy

Time to BUY some ICN and HOLD the lines!!
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🌟 æternity🌟 blockchain🌟


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January 07, 2017, 07:33:17 PM
 #20771

i like today price action. Cool


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amrutrk
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January 07, 2017, 07:34:22 PM
 #20772

Looks like ICONOMI will enter top 10 on Market Cap list this weekend.  Smiley

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.

https://i.imgur.com/N6KfUZG.jpg

Buying some more ICN's for long term.
I now have close to 2K ICN's and slowly buying them daily!! :-)

Thanks for the support and talk guys!!

Amrut!
honolulumark
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January 07, 2017, 07:49:30 PM
 #20773


Looks like ICONOMI will enter top 10 on Market Cap list this weekend.  Smiley

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.



Buying some more ICN's for long term.
I now have close to 2K ICN's and slowly buying them daily!! :-)

Thanks for the support and talk guys!!

Amrut!

Welcome aboard.
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Crypto Future here i come


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January 07, 2017, 08:16:49 PM
 #20774

 Grin

To da Moon
XbladeX
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January 07, 2017, 10:49:58 PM
 #20775

Clasic PnD move was on BTC like always uptrend have to be broken by market.
Give it a little time and BTC will continiue move forward.
Iconomi will rise soob becouse many cash soon will be reainvested into alts...
And we have 6000BTC to buy stuff.

Request / 26th September / 2022 APP-06-22-4587
kingcrimson
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January 07, 2017, 11:25:02 PM
 #20776

Clasic PnD move was on BTC like always uptrend have to be broken by market.
Give it a little time and BTC will continiue move forward.
Iconomi will rise soob becouse many cash soon will be reainvested into alts...
And we have 6000BTC to buy stuff.

Yep, with the news and release of the platform we will see about .005
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Some day i too can have a avatar and be like you.


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January 07, 2017, 11:26:19 PM
 #20777

I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

Bitcoin bear will defeat you Bratcoin bulls. Bear bEAR bEAR!
kobilica
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January 08, 2017, 12:03:02 AM
 #20778

I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

it looks like this but I believe they are working hard on the product Smiley. I also believe we will be impressed with finished product.
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January 08, 2017, 12:48:55 AM
 #20779

I have a question, would appreciate if someone could give me a clear answer. If I have icn tokens do I also hold icnx tokens? Are they the same? If not what's the difference?
kobilica
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January 08, 2017, 01:45:07 AM
 #20780

I see this thread the most hot topic here but then neither ICN team has managed to live up the expectations nor they have been able to get listed on any exchange. I think this thread just gets bumped for some hopeful people lol

it looks like this but I believe they are working hard on the product Smiley. I also believe we will be impressed with finished product.


That is what all investors wish to believe, that the Dev are working hard. This thread has the most pumpers. It got so quiet on Dec 28th due to the delay, but it is coming back. What I want to see is action, and things happening. Not hope that the team is working hard, and that they can excuse themselves and cause more delays.


 Tongue

Agree, delay is a bit shitty thing that happened, but look on positive side, you can gather more cheap ICN before it becomes expensive.
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