redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 06:54:22 PM |
|
How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. I don't really know, I didn't find (in the website) anything about the minimum N of token that you must hold but most probably you may be right.
|
|
|
|
MrPresident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:00:50 PM |
|
How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. I don't really know, I didn't find (in the website) anything about the minimum N of token that you must hold but most probably you may be right. Thinking of this made me realize another Iconomi first in the industry.... The ability to own less than a whole single share of an asset management company. I realize it's not much or a big deal, but worth a mention.
|
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
|
|
|
|
MrPresident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:05:11 PM |
|
hehe you keep trying to post that without using the preview tab silly!
|
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
|
|
|
Daparski
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:08:16 PM |
|
How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Let's sharpen that pencil.... Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I would vote it to be 10 or more if asked. or they can lower the TX fee to minimum for small ICN wallets
|
|
|
|
puthupanth
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:17:03 PM |
|
will the person holding 10 ICN'S be getting same percentage dividend as the 1 holding 100k?
|
|
|
|
MrPresident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:18:27 PM Last edit: November 06, 2016, 07:32:33 PM by MrPresident |
|
How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Let's sharpen that pencil.... Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I would vote it to be 10 or more if asked. or they can lower the TX fee to minimum for small ICN wallets hmm, thinking on that a tad.... Can you imagine the number payout blocks required to handle this? ICN wallets go 18 decimals? hehe ..doing the math on that... wow. It already took what.... 7 blocks for 3500 accounts? just 1 icn can be divided by 100,000,000,000,000,000 ... by my calcs even allowing .1 icn would be devastating to the cost and block delivery time allow .000000000000000001 or even .01 and the proverbial "shit will hit the fan". It would literally drain gobs of ETH every week and bog the ETH chain for days over a single decimal point.
|
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
|
|
|
Daparski
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:29:23 PM Last edit: November 06, 2016, 07:43:12 PM by Daparski |
|
How much as you want, I don't think there is a minimum N of tokens to hold to be able to receive dividends.
Let's sharpen that pencil.... Logic would dictate a minimum of 1 ICN to get dividends.... think about it... "Jerk x" Splits 1 icn into 5000 ETH addresses, now Iconomi pays gas on 5000tx every week for a single icn token? The only way to avoid that is a 1 token minimum. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I would vote it to be 10 or more if asked. or they can lower the TX fee to minimum for small ICN wallets hmm, thinking on that a tad.... Can you imagine the number payout blocks required to handle this? ICN wallets go 18 decimals? hehe ..doing the math on that... wow. are you nuts? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) paying dividends to 0.x ICN holder address?? I sure as fuck hope and wish to all of us Iconomi to get there, but for the next few years it will be totally useless to have such a dividends resolution. I would say that each ICN address should hold minimum X times more ICNs than a single ICN dividend is worth. Something like x10 perhaps. So if 1 ICN yields $1 worth of dividends, each ICN address should hold minimum $10 worth of ICNs Makes sense?
|
|
|
|
Daparski
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:31:03 PM |
|
will the person holding 10 ICN'S be getting same percentage dividend as the 1 holding 100k?
of course. That's the idea of shares. Dividends calculation will be made per 1 ICN, and then distributed accordingly
|
|
|
|
MrPresident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:32:42 PM |
|
There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt. It's a matter of security and economics. I think allowing less than a whole single ICN token to receive dividends would be both irresponsible, wasteful, and foolish.
|
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
|
|
|
Daparski
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:40:04 PM |
|
There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt. It's a matter of security and economics.
I am sure Iconomi team have thought about that. It doesn't look like too complicated to implement some security fuse, such as minimum amount of tokens per single address
|
|
|
|
MrPresident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:41:23 PM |
|
There's no doubt to me that some jerk will take his 1 ICN and split it into 10k accounts or even 100k accounts in a DOS attempt. It's a matter of security and economics.
I am sure Iconomi teams have thought about that. It doesn't look like too complicated to implement some security fuse, such as minimum amount of tokens per single address Agreed.... Iconomi team are much smarter than that.
|
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
|
|
|
ShooterXD
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 07:59:40 PM |
|
Just get funds profit*0.2/85mi = dividend amount/icn
Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.
|
|
|
|
sunchaser
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 73
Merit: 10
Audaces Fortuna Iuvat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:04:29 PM |
|
If i have say, 10000 icn on iconomi wallet and 5000 icn on myetherwallet, how exactly will work with dividends? I will need to move the 5000 icn on myetherwallet to iconomi wallet?
Thanks
|
E4ROW - A better ICO - ends on 23 May First product released | Finished software | Tokens earning rev now | Dev tokens locked | Proof of functionality
|
|
|
MGM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:04:50 PM |
|
Just get funds profit*0.2/85mi = dividend amount/icn
Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.
I'm a little lost... So if Iconomi.index Profit = $100,000 Dividend amount /icn= $100,000 * 0.2/85mi = 0.00023529411 ETH / icn ? Please correct me if I'm mistaken...
|
|
|
|
ShooterXD
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:07:08 PM |
|
Just get funds profit*0.2/85mi = dividend amount/icn
Now we need wait for a position, but i think all icn holders must receive dividends if dividends amount bigger than gas.
I'm a little lost... So if Iconomi.index Profit = $100,000 Dividend amount /icn= $100,000 * 0.2/85mi = 0.00023529411 ETH / icn ? 0.0002352941$/icn If you hold 10k ICN you get 2.35$
|
|
|
|
ShooterXD
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:10:11 PM |
|
If we think they get 10% profit in 4.6mi $ this turn into 460k $ Then we have 460k*0.2/85mi = 0.001082353$ / icn I think this is possible, and probably will be better
|
|
|
|
MGM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:12:53 PM |
|
If we think they get 10% profit in 4.6mi $ this turn into 460k $ Then we have 460k*0.2/85mi = 0.001082353$ / icn I think this is possible, and probably will be better
Thanks! What about Iconomi.PERFORMANCE Profit? What's the formula to calculate that?
|
|
|
|
ClaraLuV
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 236
Merit: 100
Presale is live!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:17:12 PM |
|
so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.
|
|
|
|
ShooterXD
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2016, 08:19:18 PM |
|
so what is the profit in this,if i invest almost $1000 i would get just $2.35 as dividend which is not at all a good investment ,how do we evaluate the progress of this project.
This is just a example dude. When they give some answer about mal Reynolds questiona we get a north
|
|
|
|
|