MrPresident
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November 01, 2016, 09:15:47 PM Last edit: November 01, 2016, 09:56:10 PM by MrPresident |
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Do you mean that Iconomi will be OFM and an exchange at the same time?
Well, yes... technically; Iconomi.net is already an exchange.. Eros-ETH. ...and offering a debit card will do the same thing... ETH/ICN/ICNX/ICNP to debit swipe or atm would be an exchange... The addition of Euro framework would compliment Kraken, while the addition of American framework would strengthen Iconomi.net... or at the very least "partners" of some kind. and yes the platform is asset management fully exchange-based entry and exit into and out of the managed funds using crypto's, Euros, and hopefully USD in the near future besides just within Kraken. It wouldn't be a "management platform" if you couldn't "Manage" the assets, right? hehe and nobody else will be listing the ICNX or ICNP... that will be exclusive to the platform. It would be all fairly standard to add other trading pairs like ETH-ICN, BTC-ICN, BTC-ETH and other pairs; all of which will help drive the ICN token value up from much of the fees being distributed in dividends. This is what makes the gathering of ICN tokens a must for me. I love the thought of owning a portion of an asset management platform! Success means a LIFETIME of Dividends.Also, most people don't realize what happens when you compound your APR and total dividends on a weekly basis, which is what my plans are ofc. edit: I'm not saying it will happen, but If Iconomi should join forces with Kraken, they would instantly become a serious entity to reckon with in the crypto-world. An SEC filing also isn't out of the question. There's a first time for everything. Notice too that Gemini is trading Bitcoin on Wall-Street. Once Gemini finally gets their guidance/framework from the CFTC for Futures trading, there will be several more lining up on that train, you can count on that. An entirely new market is about emerge on Wall-Street and they know it, so they are being cautious.
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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ShooterXD
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November 01, 2016, 09:22:11 PM |
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Done Retweeted! But i dont want sell my ICN, only buying
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p4xil
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November 01, 2016, 09:44:31 PM |
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YOU paid 0.1331 USD per ICN because YOU paid in Bitcoin. ICN was purchased using numerous currencies : BTC, ETH, LSK, USD, EUR. These were all converted to USD for the final calculations by ICONOMI. According to the article you quoted:
"TOTAL AMOUNT RAISED (official number): 10,682,516.42 USD"That amount of USD bought 85M tokens. The AVERAGE price per ICN over ALL FIVE CURRENCIES COLLECTED is 10,682,516.42 / 85,000,000 = 0.125676663 = 0.1257 USD per ICN. THAT'S where I got the price 0.1257 USD per ICN. Everyone who bought in with BTC and/or FIAT paid ~0.1331 USD per ICN. So we have to consider THIS number and not the average number to calculate the % of ICN value fluctuation.
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Nothing! Nothing! Nothing! Selling Nothing for only 1.99 ICN
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Daparski
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November 01, 2016, 09:46:37 PM |
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Do you mean that Iconomi will be OFM and an exchange at the same time?
Well, yes... technically; Iconomi.net is already an exchange.. Eros-ETH. ...and offering a debit card will do the same thing... ETH/ICN/ICNX/ICNP to debit swipe or atm would be an exchange... The addition of Euro framework would compliment Kraken, while the addition of American framework would strengthen Iconomi.net... or at the very least "partners" of some kind. and yes the platform is asset management fully exchange-based entry and exit into and out of the managed funds using crypto's, Euros, and hopefully USD in the near future besides just within Kraken. It wouldn't be a "management platform" if you couldn't "Manage" the assets, right? hehe and nobody else will be listing the ICNX or ICNP... that will be exclusive to the platform. It would be all fairly standard to add other trading pairs like ETH-ICN, BTC-ICN, BTC-ETH and other pairs; all of which will help drive the ICN token value up from much of the fees being distributed in dividends. This is what makes the gathering of ICN tokens a must for me. I love the thought of owning a portion of an asset management platform! Success means a LIFETIME of Dividends.Also, most people don't realize what happens when you compound your APR and total dividends on a weekly basis, which is what my plans are ofc. The way I understand it is that Iconomi, as a platform, has to be able to execute exchange orders - but it is done in the backend, and not provided as a service. Buying or trading btc or any other cryptos is not the core business of Iconomi.
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MrPresident
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November 01, 2016, 09:59:52 PM |
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Do you mean that Iconomi will be OFM and an exchange at the same time?
Well, yes... technically; Iconomi.net is already an exchange.. Eros-ETH. ...and offering a debit card will do the same thing... ETH/ICN/ICNX/ICNP to debit swipe or atm would be an exchange... The addition of Euro framework would compliment Kraken, while the addition of American framework would strengthen Iconomi.net... or at the very least "partners" of some kind. and yes the platform is asset management fully exchange-based entry and exit into and out of the managed funds using crypto's, Euros, and hopefully USD in the near future besides just within Kraken. It wouldn't be a "management platform" if you couldn't "Manage" the assets, right? hehe and nobody else will be listing the ICNX or ICNP... that will be exclusive to the platform. It would be all fairly standard to add other trading pairs like ETH-ICN, BTC-ICN, BTC-ETH and other pairs; all of which will help drive the ICN token value up from much of the fees being distributed in dividends. This is what makes the gathering of ICN tokens a must for me. I love the thought of owning a portion of an asset management platform! Success means a LIFETIME of Dividends.Also, most people don't realize what happens when you compound your APR and total dividends on a weekly basis, which is what my plans are ofc. The way I understand it is that Iconomi, as a platform, has to be able to execute exchange orders - but it is done in the backend, and not provided as a service. Buying or trading btc or any other cryptos is not the core business of Iconomi. What do you think they will be doing with the indices? Exactly that! ... Buying, trading btc and other cryptos! That is exactly what the core of Iconomi is! ...and Iconomi.net is already "an exchange." Fiat to ETH ...CASHILA What makes this even more interesting is that inside my Mist wallet, I can purchase ETH through Coinbase at the clik of a button... What you wanna bet they add ICN to that within the next 6 months? This is the opensource age of co-opetition hehe... Exchanges love to collect dem fees, and if they can hold some tokens for weekly dividends, well... hmmm
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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btvGainer
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November 01, 2016, 10:09:33 PM |
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They just had an update... and a sneak preview of the platform, and beta testing signups!!! https://medium.com/iconominet/sneak-preview-of-work-in-progress-58362a73ce21#.z79z1vht0Sign up for early access to help beta test the OFM platform here: if you have any alpha or beta testing experience and can properly file a git it would help dev all the faster. https://[Suspicious link removed]/forms/YkJCd1URIDlG8KHs1 ..."No updates on progress" is just totally wrong. The new platform looks amazing! Looking forward to see that $12 ICN Why just $ 12? If Zcash hit several BTC worthless, why Iconomi the $20 is impossible? Because there were less than 5000 ZEC and more than 85 million ICN Do you think ZEC price was high just because of less quantity?If ICN were also only 5000 would it also be sold for 1000 btc each?I dont think that was the reason of ZEC high price
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XbladeX
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November 01, 2016, 10:29:14 PM |
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...
In ICN are also whales don't worry ^^ this project need their funds making work and providing dividends. There will be multiple occasions to pump ICN. I happy now that alts are falling even ICN because after btc correction alts will skyrocket and then ICN performance will too. While they will load pockets with fresh cheap in BTC coins into performance found. Who knows maybe again in December will be major pump ^^ then ICN will fly away like mad.
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Request / 26th September / 2022 APP-06-22-4587
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arransiv
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November 01, 2016, 10:42:46 PM |
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Done Retweeted! But i dont want sell my ICN, only buying I think Poloniex will wait until January to add the ICN... To the guys saying $12-$20... what the f? If it hits $1-$2 will be great.
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sussex
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November 01, 2016, 10:49:20 PM |
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Do you think ZEC price was high just because of less quantity?If ICN were also only 5000 would it also be sold for 1000 btc each?I dont think that was the reason of ZEC high price
The price hit it's insane heights on ZEC because of morons not doing the maths, the low supply of coins was a huge contributor to this. At the start, there was less than one coin available and idiots were fighting over this, not realising that in an hour the supply would increase twenty fold. ZEC is still in this position because the coins mined increases the supply by a massive amount every day - there are still less than 3000 coins available and this will increase by something like 10 - 15% over the next 24 hours. So, long story short, the combination of idiotic investors and a tiny supply created the huge price. I'm still laughing my tits off...
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cryptobart
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November 01, 2016, 10:54:58 PM |
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Do you think ZEC price was high just because of less quantity?If ICN were also only 5000 would it also be sold for 1000 btc each?I dont think that was the reason of ZEC high price
The price hit it's insane heights on ZEC because of morons not doing the maths, the low supply of coins was a huge contributor to this. At the start, there was less than one coin available and idiots were fighting over this, not realising that in an hour the supply would increase twenty fold. ZEC is still in this position because the coins mined increases the supply by a massive amount every day - there are still less than 3000 coins available and this will increase by something like 10 - 15% over the next 24 hours. So, long story short, the combination of idiotic investors and a tiny supply created the huge price. I'm still laughing my tits off... IMO those who bought ZEC with 3000+ BTC wanted to sell 4000+ or 5000+, it's just a trading game. Unfortunately someone has to lose.
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sussex
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November 01, 2016, 10:58:06 PM |
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IMO those who bought ZEC with 3000+ BTC wanted to sell 4000+ or 5000+, it's just a trading game. Unfortunately someone has to lose.
Of course, but if they had bothered to get a calculator out they would have seen that this was never going to happen.
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cannabanana
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November 01, 2016, 10:59:48 PM |
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IMO those who bought ZEC with 3000+ BTC wanted to sell 4000+ or 5000+, it's just a trading game. Unfortunately someone has to lose.
Of course, but if they had bothered to get a calculator out they would have seen that this was never going to happen. just a simple, wtf, aint no way this shit is worth 3000btc...... got me to the same conclusion. $2,183,280.00 per ZEC? No thank you.
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sussex
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November 01, 2016, 11:07:11 PM |
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just a simple, wtf, aint no way this shit is worth 3000btc...... got me to the same conclusion. $2,183,280.00 per ZEC? No thank you.
Agreed. In the case of ZEC a calculator wasn't really necessary, just a tiny bit of intelligence would tell you that it was a joke.
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The Runbit
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HiveNet - Distributed Cloud Computing
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November 01, 2016, 11:12:54 PM |
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Anyone know whats link the iconomi index? Thanks.
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Adelajda
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November 01, 2016, 11:21:55 PM |
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what is this index and thanks for the guide to transfer my coins to kraken. it was smooth and a fee of 1 Iconomi to transfer the coins.
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MalReynolds
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November 01, 2016, 11:44:45 PM Last edit: November 02, 2016, 02:47:26 AM by MalReynolds |
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Everyone who bought in with BTC and/or FIAT paid ~0.1331 USD per ICN. So we have to consider THIS number and not the average number to calculate the % of ICN value fluctuation. [/quote] You calculate it the way you choose with whatever subset of currencies you want. I'll use the official ICONOMI total amount raised number and stick with 0.1257 USD per ICN as the official ICO final price.
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bitarri
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November 02, 2016, 01:04:59 AM |
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The new platform looks amazing! Looking forward to see that $12 ICN Indeed, very good things brewing for Iconomi... and I agree... $12 ICN is a definite possibility within the coming months. It wouldn't surprise me to see Kraken join teams and merge with Iconomi. It is the age of acquisitions and mergers. Kraken sure could use a better platform, and Iconomi would benefit from the Kraken framework and volume. and a shitload of dough to develop it in hand would be great for both teams..... maybe even just simple site and asset management integration even. It wouldn't surprise me to see Kraken join teams and merge with Iconomi. Do you mean that Iconomi will be OFM and an exchange at the same time? ICONOMI is revealing itself as a much bigger monster than we thought... This is what I gather from the shared info & sneak preview:
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Wall-Street
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November 02, 2016, 01:15:53 AM |
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+100000 Smart money is quietly buying.
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