[ANN] ICONOMI - Fund Management Platform

[petricag]

https://cryptowat.ch/kraken/icnbtc/4h

peanuts ... 

[Nachbar90]

And you can quote selectively from the original post as much as you like, I still challenge you to prove me wrong about what I wrote:

FAR, FAR away from "anything but words".
Iconomi has a: killer use-case, impeccable timing, clear roadmap, A+ team with tons of relevant experience to execute it, almost ready platform,
~6M usd for development, and another~4.5M usd pre seeded investment fund.
And no competition in the horizon

- killer use-case  --> bla bla bla .... stories
- impeccable timing ---> why is this such a big timing? ICOs there always were .. and will be, altcoins going up and down ... ? what its so special about it ? Aaaaa ... currency issues all over the world ? Then you would invest in BTC ... the rest is stories
- clear roadmap ---> stories ... bla bla bla ... milestones taken out of context like: # ICN listed on major exchanges (normal people thinking about Polo/Trex, they scamed us with some shitty Kraken) # the fund launched this year ( people expecting a big chunk of money invested so dividends would really come up ... they invested 5000 ETH in some ICO ... whaoooo .. that trully something, cann't argue with that. )
- A+ team with tons of relevant experience to execute it --- > tons ? A site with a form asking you to send money via bank so you can buy ETH ? I can quickly buy ETH / BTC with my visa card from alot of other places ... so really ... what relevant experience ?
- almost ready platform, ->>>> stories and some pics.
- ~6M usd for development, and another~4.5M usd pre seeded investment fund. --->>> money that we'll never see back ... the rest is just stories. And let's not forget 5000 ETH invested already ... this team is ... to the mooon ...
- And no competition in the horizon ---> competitors to what ? To take your money ? ) ... oh boy ... there are always ICOs promising you all kind of BS.

Wtf is wrong with you?

[Mediator]

so, im trying to withdraw some btc in kraken and the status is on-hold for 10 minutes now. Is this normal from kraken?

I seem to recall that you need to click a link in an email they send you.

Or make sure you still meet pnarikan limit per day / per month
any verification on account kraken have different withdrawal limit

[KyLins]

Prices began to rise

[ttookk]

Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  

Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.

Instead of bitching about whether or not it is bad for ICN not to be listed on Poloniex, could we please talk about stuff like above? Would love to hear what is planned in that direction.

Oh, and could the Iconomi team link up the BTC to gain Byteballs? I have no clue whether or not to take it seriously, but it looks like free money…

[rapazev]

Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  

Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.

None of their coins are proof stake, and even if it were... i dont think that was the idea of iconomi.
If all this was done simple to stake coins, then i should sell my tokens and make my own nodes.

[Omegasun]

Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  

Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.

None of their coins are proof stake, and even if it were... i dont think that was the idea of iconomi.
If all this was done simple to stake coins, then i should sell my tokens and make my own nodes.

yeah right. ICN devs have a better idea rather on what normal people think. They are the one who created ICN and we have no idea what on their mind, But to make the things simple, Just keep calm and love ICN. We can buy lambo nxt year. Mark my word

[electronicash]

Icn said that exchanges can decide whether exchanges can send dividends to ICN holders, can polo send dividends to ICN holders? They have to probably dicide and prove they will base of their codes.

[ruletheworld]

Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  

Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.

None of their coins are proof stake, and even if it were... i dont think that was the idea of iconomi.
If all this was done simple to stake coins, then i should sell my tokens and make my own nodes.

That's not true at all. Proof of stake doesn't require them to do anything. If they are holding funds passively in a wallet, with the right strategies and limits on liquidations of funds, they can easily use those for regular staking. This way, everyone benefits. The underlying crypto has a strong partner in ICONOMI who wont' try to attack the chain. ICONOMI will get general crypto goodwill. The ICNX holders will get more returns because of the staking that has taken place, and as a result, the ICN holders get higher returns too. I don't see any downside. The only thing is, any liquidations have to be managed properly, which means they might want to have funds in multiple multi-sig wallets instead of one.

[ttookk]

Something to think about.

The ICN index fund holds around 15% DASH.

If ICONOMI decide to run DASH masternodes (1000 DASH per node) this will generate income of about 1.9-2.0 DASH per 7-10 days on average.

Their are a few calcs around that i will dig up and post, however it's about a 9-10% return for running a masternode.

What does this mean?  Another potential income stream to add value to the fund and even out the bumps or help compound.

My mind now turns to the potential for LISK and forging as a possible income stream for the ICN Index.

Fun times  

Umm the ICN index fund isn't live yet, but you have a point. I wonder if the ICONOMI team can give a public statement that all the proof of stake type coins will be staked by ICONOMI and the returns distributed to the index holders/ICN holders. That should be an excellent source of return for ICN investors.

None of their coins are proof stake, and even if it were... i dont think that was the idea of iconomi.
If all this was done simple to stake coins, then i should sell my tokens and make my own nodes.

Well, at least ETH will be at some point in the future. And other Coins may be added to ICNX, in hte future. If they participate in an ICO with the performance fund, they might invest in a coin that is PoS. They could use the Lisk they have to vote for profit sharing Delegates, once Lisk starts community forging. These are all possible scenarios.

I'm not saying they should focus on doing any of the above, since they can't afford to lock up their coins, they need to be movable. Buying DCR tickets, for example, would be a really bad move. But at the same time, if you have the funds anyway and what you are doing isn't detremental for their value, why not? It's obviously not the big money everybody is looking at, but it is something.

(…)

I don't see any downside. The only thing is, any liquidations have to be managed properly, which means they might want to have funds in multiple multi-sig wallets instead of one.

Depending on market cap and Iconomis holdings, them staking could be theoretically detremental to the overall value of a coin, but this is a corner case.

[aDAPPter]

This reminds me of when the weak hands sold ETH under $1 to invest in other shitty ICOs.

This is exactly why you don't see the ICN holders who have been in the game for years freaking out about whatever the price is 16 days after tokens were distributed.

Put your tokens in cold storage, then look to see where project is at in 6 months.

Team has been doing a fantastic job, so I'm not worried about it.

ICONOMI funds are launching before end of 2016... that's like 6 weeks from today.

Pretty sure we will see ICN above $2-$3 in January 2017

Price prediction once ICNX & ICNP are launched this December: $1
Price prediction once 1st Dividends are paid this January: $3 to $5

The way things are moving...your price predictions seem spot on.  

[enhu]

okay. I'm out of money anymore    if I'm just not busy due to my day job i would have wait for price to go down a bit.

[knox203]

will bought a few bitcoin to buy ICN on kraken . and i will hold it until around january 2017

[shinratensei_]

When regular folks start buying ICN with USD & Euros on Iconomi.net this January, price will skyrocket. Supply & Demand 101.

Get those Lambos & Teslas ready.

Even we are no need polo at the time was coming. That will be luring more demand for iconomi totally the old holder of that coin has become big whales.
It could make more sense for me. if Iconomi will be planning if at the next year we will be going to the moon.
I don't make any mistakes for not invest in here.

[smokim87]

This reminds me of when the weak hands sold ETH under $1 to invest in other shitty ICOs.

This is exactly why you don't see the ICN holders who have been in the game for years freaking out about whatever the price is 16 days after tokens were distributed.

Put your tokens in cold storage, then look to see where project is at in 6 months.

Team has been doing a fantastic job, so I'm not worried about it.

ICONOMI funds are launching before end of 2016... that's like 6 weeks from today.

Pretty sure we will see ICN above $2-$3 in January 2017

Price prediction once ICNX & ICNP are launched this December: $1
Price prediction once 1st Dividends are paid this January: $3 to $5

The way things are moving...your price predictions seem spot on.  

moving a little fast no? Thinking were around that Oct-Nov rise that stabilized for a few months before exploding.

[MalReynolds]

We're gonna be at 0.0003X soon.  I love this coin.  Nice, steady increase of 50% in 3-4 days after waiting 6 weeks.  Get ready to break Mach 1 sound barrier.

[honolulumark]

We're gonna be at 0.0003X soon.  I love this coin.  Nice, steady increase of 50% in 3-4 days after waiting 6 weeks.  Get ready to break Mach 1 sound barrier.

I would like to interject for a moment here.... it's not a coin, it's a token.

[longorshort]

Why big pump? Only for golem news? Insane pump. 

[cryptobart]

Why big pump? Only for golem news? Insane pump. 

It's for launching ICNP and it happens to be golem.

[KyLins]

When to start trading on bittrex?