[ANN] ICONOMI - Fund Management Platform

[zahra4577]

Friends please tell me what should be the good strategy,should I sell my ICN immediately if I get good price or should I hold it?

[ShooterXD]

We can expect a pump like etc when launched on poloniex.

A big pump!

[ParmaBTC]

Well played! This is one of the smartest move I ever seen from ICO. It's like one stone for three birds!
- Increasing trust to investors.
- Reducing sale pressure from bounty hunters.
- Building hype for the market.

Can't wait for the launch!

The main thing to avoid unnecessary incident at the launch The rush can hurt the project

Perfect
You have understood what is happening in Iconomi  boileir room . I feel the same sensations , about iconomi moves.


Btw
Many are claiming higher price then  offered by iconomi.
Remember if someone want to sell higher there could be some one who wants to buy
PM if you want to sell higher with escrow insurance.
Thanks

[MrPresident]

We can expect a pump like etc when launched on poloniex.

A big pump!

Yes, all the cool smart kids will be buying ICN 

[BlockEye]

We can expect a pump like etc when launched on poloniex.

A big pump!

Please stop advertising now for big pump of ICN. You are just ruining now iconomi move to remove bounty dumpers that will hurt market price. Just shut up for now and just wait for exchange.

[gbdesai]

http://www.coindesk.com/cryptocurrency-index-funds-simulations-surprising-results/

He's using top marketcaps and an unchanging index over years, which doesn't reflect the nature of a managed index or it's trading strategies.
also... You do realize that ad was paid to be posted in the "opinion" section?

Exactly.
Comparing a managed index like ICONOMI.index to an unmanaged index history of random coins from that link, is like comparing Apples to Oranges.

Yea no doubt... Funny thing too, this description... "Willy Woo is a New Zealander with 15 years experience founding multiple startups. He's also an angel investor, traded derivatives during the 2008 world financial crisis and, since 2013, has been fascinated and excited about cryptocurrency." Yet he pays to publish an obvoiusly misleading article bashing crypto-index funds... seems fishy.
The guy is supposed to be some kind of crypto financial king yet posts something you would expect from a total newb.

That's where you're wrong. I have got a chance to know Willy Woo and he's the real deal. There was no money exchanged for the article.he posted it to his own blog (which is also not pay) and Coindesk asked for it after Tuur and several other big time people in crypto tweeted about it.

If you bad half a brain you'd see this is one of the first truly thought out pieces on the subject. Ive invested a lot into Iconomi and believe in the platform, but the index and first white paper are BS. There is no way the index the way they designed it will perform. Steem? Really?

Iconomi should stick to building a platform that works.

Finally, stop thinking everything is a conspiracy against your way of thinking, that's just short-sighted. We're all just trying to crack the code and make some money here. If Willy ever does figure out an Algo and rebalancing formula that works, I'm going to be the first person in line to sign up, he's that good.

[DomainMagnate]

We can expect a pump like etc when launched on poloniex.

A big pump!

Please stop advertising now for big pump of ICN. You are just ruining now iconomi move to remove bounty dumpers that will hurt market price. Just shut up for now and just wait for exchange.

I dont thing bounty dumpers can influence price as there was only %2 reserved for bounty

[kingcrimson]

http://www.coindesk.com/cryptocurrency-index-funds-simulations-surprising-results/

He's using top marketcaps and an unchanging index over years, which doesn't reflect the nature of a managed index or it's trading strategies.
also... You do realize that ad was paid to be posted in the "opinion" section?

Exactly.
Comparing a managed index like ICONOMI.index to an unmanaged index history of random coins from that link, is like comparing Apples to Oranges.

Yea no doubt... Funny thing too, this description... "Willy Woo is a New Zealander with 15 years experience founding multiple startups. He's also an angel investor, traded derivatives during the 2008 world financial crisis and, since 2013, has been fascinated and excited about cryptocurrency." Yet he pays to publish an obvoiusly misleading article bashing crypto-index funds... seems fishy.
The guy is supposed to be some kind of crypto financial king yet posts something you would expect from a total newb.

That's where you're wrong. I have got a chance to know Willy Woo and he's the real deal. There was no money exchanged for the article.he posted it to his own blog (which is also not pay) and Coindesk asked for it after Tuur and several other big time people in crypto tweeted about it.

If you bad half a brain you'd see this is one of the first truly thought out pieces on the subject.

No his article is shiite. Only follows the top 10. Conveniently ignores the 20-30-40X gains leading up to it. If he reported on the actual gains, it would be no contest, alts outperform bitcoin exponentially.

[MrPresident]

http://www.coindesk.com/cryptocurrency-index-funds-simulations-surprising-results/

He's using top marketcaps and an unchanging index over years, which doesn't reflect the nature of a managed index or it's trading strategies.
also... You do realize that ad was paid to be posted in the "opinion" section?

Exactly.
Comparing a managed index like ICONOMI.index to an unmanaged index history of random coins from that link, is like comparing Apples to Oranges.

Yea no doubt... Funny thing too, this description... "Willy Woo is a New Zealander with 15 years experience founding multiple startups. He's also an angel investor, traded derivatives during the 2008 world financial crisis and, since 2013, has been fascinated and excited about cryptocurrency." Yet he pays to publish an obvoiusly misleading article bashing crypto-index funds... seems fishy.
The guy is supposed to be some kind of crypto financial king yet posts something you would expect from a total newb.

That's where you're wrong. I have got a chance to know Willy Woo and he's the real deal. There was no money exchanged for the article.he posted it to his own blog (which is also not pay) and Coindesk asked for it after Tuur and several other big time people in crypto tweeted about it.
If you bad half a brain you'd see this is one of the first truly thought out pieces on the subject.

No his article is shiite. Only follows the top 10. Conveniently ignores the 20-30-40X gains leading up to it. If he reported on the actual gains, it would be no contest, alts outperform bitcoin exponentially.

well yea point in case: his fund example wasn't managed at all, which makes his argument invalid.
He's also comparing marketcap averages to trading strategies; which are a different animal.
So maybe Woo was hittin' the saki hard that night or what?

[MrPresident]

For those who missed it:

New email:

"   Get bitcoins for your bounty ICN tokens
We are offering you the opportunity to sell your ICN tokens before they are issued. You will immediately have bitcoins sent to your address.

Although the ICONOMI ICO has closed, several investors still want to invest in the ICONOMI. You can sell your bounty tokens to them at a fixed ICO price now and have the chance to get bitcoins today without any fees.

How?

1. Login to the ICONOMI ICO website
2. Select "Sell bounty ICN" from the dropdown and provide your Bitcoin address.
3. You will see the exchange rate and your total amount of BTC displayed.
4. Once you confirm it, bitcoins will be sent to your account.

Best wishes,
The ICONOMI team"

How can I BUY in that new sale feature?

Some big buyers contacted us. Right now we should have enough buyers for half of bounties ICN. If you're interested for amounts over 20 BTC contact me.

Great move, ICONOMI.  Everybody wins here.

Can I buy with 5 BTC?

I don't know, you'll have to ask ICONOMI.  Maybe if you find some others wanting ICN (for a combined total of 20 BTC) and do a "group buy"?  Not sure that's allowed, but it's a thought.

Thanks for the suggestions that can help me.
I've sent 2 messages with no success. But I think the team is busy doing the better for us.

I don't really read PM here. User interface is too confusing and I have no track at all.

Mail me: jani at iconomi dot net

I'll send you multisig BTC address to send BTC and will put you in queue.

Buy side is full... so for sellers at this point only it seems. sigh.
This is an instant sell of your bounty tokens for btc  at 5000 icn per bitcoin.

[MoveCrypto]

http://www.coindesk.com/cryptocurrency-index-funds-simulations-surprising-results/

He's using top marketcaps and an unchanging index over years, which doesn't reflect the nature of a managed index or it's trading strategies.
also... You do realize that ad was paid to be posted in the "opinion" section?

Exactly.
Comparing a managed index like ICONOMI.index to an unmanaged index history of random coins from that link, is like comparing Apples to Oranges.

Yea no doubt... Funny thing too, this description... "Willy Woo is a New Zealander with 15 years experience founding multiple startups. He's also an angel investor, traded derivatives during the 2008 world financial crisis and, since 2013, has been fascinated and excited about cryptocurrency." Yet he pays to publish an obvoiusly misleading article bashing crypto-index funds... seems fishy.
The guy is supposed to be some kind of crypto financial king yet posts something you would expect from a total newb.

That's where you're wrong. I have got a chance to know Willy Woo and he's the real deal. There was no money exchanged for the article.he posted it to his own blog (which is also not pay) and Coindesk asked for it after Tuur and several other big time people in crypto tweeted about it.

If you bad half a brain you'd see this is one of the first truly thought out pieces on the subject.

No his article is shiite. Only follows the top 10. Conveniently ignores the 20-30-40X gains leading up to it. If he reported on the actual gains, it would be no contest, alts outperform bitcoin exponentially.

Willy Woo article on Coindesk is a very interesting read

Conclusions
Bitcoin is really hard to beat with index funds, maybe unbeatable with the present state of altcoins we have. Not only do they underperform bitcoin by a significant amount, but as a combined basket their day-to-day volatility is higher.
I ask myself why we don’t parallel the stock market world, where indexes are very successful and my conclusion is that we are in a world of unvetted shitcoins.

His conclusion is the exact reason why his index simulations performed so poorly compared to bitcoin.  He arbitrarily included the top 10 or 20 altcoins, without doing any vetting to keep obvious losing picks out of the indexes, like Paycoin, Auroracoin, Quark, Bytecoin, Worldcoin

The currency must have an underlying concept which ICONOMI estimates as viable in the long term.

^^^That's the reason why this eligibility factor for inclusion in iconomi.index is so important^^^

Part of my beef with their investor whitepaper is they picked a bull market (since Jan 2016) to demonstrate their glam results

Prior to 2016, the altcoin market was not mature enough for something like iconomi.index.  The first 1.5 or 2 years of Willy Woo simulation was a time when complete scams or copy-paste shitcoins with hardly any team/community could pump up into the top 10 cryptos.  

Those days are in the past.  Nowadays, I count at least 8 projects in the top 20 which have millions $ in the bank for development.  During the first 1/2 to 2/3 of Willy Woo's 3-year simulations, such altcoin projects did not yet exist.

[Videodrome]

Smart move this bounty refund! Probably the first in crypto world!

[mia_houston]

I have recieved a email from ICONOMI team about bounty hunters burn their token for BTC i was wondering how much BTC already claimed which they're sell that them

[mirrorcrax]

The bounty sell is by far, one of the smartest pre-launch strategies I've ever seen. Another proof that ICONOMI means business and learns from other ICOS.  I have a lot of confidence in ICONOMI and going the long way with this truly game changing initiative.

[mirrorcrax]

selling bounty, then wait to buy when people dump their coins at the lowest prices 
ICONOMI to the moon

Stock up on paper tissue as you weep over the bad bad decisions you made.

[bitvalak]

selling bounty, then wait to buy when people dump their coins at the lowest prices 
ICONOMI to the moon

Stock up on paper tissue as you weep over the bad bad decisions you made.

I would only do that in my opinion is subjective, and I won't make excessive speculation cause I'm aware that I am not a big player. But let's look just at launch, cause I'm sure the price will not decline as Lisk. ICN has plus value, which has an index

[mirrorcrax]

selling bounty, then wait to buy when people dump their coins at the lowest prices 
ICONOMI to the moon

Stock up on paper tissue as you weep over the bad bad decisions you made.

I would only do that in my opinion is subjective, and I won't make excessive speculation cause I'm aware that I am not a big player. But let's look just at launch, cause I'm sure the price will not decline as Lisk. ICN has plus value, which has an index

The 'bad decision' I was referring to is selling bounty ICN

[ShooterXD]

Maybe now is time to buy a cheap icn in liqui.

Only 0.00024
Very cheap

[indocafe]

I think if there is a demand from those who are late to buy ICO should be willing to pay more for 1 ICN = 0.0006 BTC

it's fair with me

[bitcoinissatan]

I think if there is a demand from those who are late to buy ICO should be willing to pay more for 1 ICN = 0.0006 BTC

it's fair with me

yeah I think also they will think back to sell at a cheap price and I think if the price of 1 ICN = 0.0006 BTC looks pretty fair for bounty hunters and investors deserve to get it at that price