[ANN] ICONOMI - Fund Management Platform

[5ato5hi8itcoin]

I think op should lock this thread for few days as this has gone astray lots of pages before.Now people here seems to discuss everything except ICONOMI lol

yeah I think that is a good thing but it might be better that they go and make 100 pages immediately
many things can be shared here considering all the community also needs the latest news in this thread

[ShooterXD]

Yeah, Lock it, then some guys dump your ICN! Lock it

[bitcampaign]

Yeah, Lock it, then some guys dump your ICN! Lock it

I'll buy it when the price drops ICN at a reasonable price of about 5k satoshi

[mtnsaa]

Ethereum is the biggest smart contract platform with the most people working on it. That alone would be reason enough for me to stay there.

There is a decent chance, that the reason why ethereum looks so full of holes is, that it's constantly in the spotlight and a lot of eyes are examining it closely. Take a coin like counterparty, give it a billion dollar market cap and as many people working on it as ethereum and see how many flaws you will find then.

Just because something doesn't look broken, doesn't mean that it isn't. Maybe you just didn't look closely enough.

Completely agreed, this is how you make things work but well there are a lot of speculators, fud and obviously "bad" news that influence the short term price. Long term we all know that Ethereum is something special and could even overtake Bitcoin or make it obsolete. Not Ethereum itself but all its tokens and ecosystem could render some technologies useless. We know Bitcoin is still king but it hasn't made much progress in terms of adoption and popularity, blocks are full, plenty of different camps. Even if it's rallying right now, we all know it's temporary.

The future is full of doubts, we can have Ethereum at $100 and Bitcoin at $2000 and beyond in 2017-18 or nothing at all since crypto projects still can't seem to come up with the killer app for the average user or company. Once that happens (if it happens) then I'm sure we'll all be very wealthy as early adopters of many of these projects.

could even overtake Bitcoin or make it obsolete

Obsolete? You obviously don't understand what bitcoin is about. Ethereum can never replace Bitcoin. It is not designed for store of value, it is definitely not immutable and a network so much dependent on single guy (King Vitalik) is not a healthy one.
Damn, he even DDOSed its own nework during the DAO flow just to slow it down.

And that is before we talked about PoS..

Bitcoin network, as we see it today is just layer0. When services will be built on top, most alt coins will be obsolete, not Bitcoin.

I understand what you are saying and it's definitely a possibility but don't be so close minded. Another possibility can also happen and even these two services/blockchains could rule together (it would be actually much safer than depend on a single one...). For Bitcoin to do what you said it needs to improve and change a lot of things, starting with their core team and vision.

Bitcoin is far from a panacea itself, who created it? Who is still holding 1m BTC? What about the centralized mining and many other power struggles? Ethereum aims to do something completely different and therefore yes, it's less decentralized (it still pretty much is, the hard fork was approved by a majority not by Vitaly himself).

I didn't mean to say that Ethereum will actually make Bitcoin obsolete, it's just a possibility if Bitcoin continues its stubbornness and idealism. Many just see the price and say it's all fine, but there are major problems still not being addressed and the whole thing can also collapse like a house of cards if not properly managed.

[jackiedragon]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

edit: That's one of the reasons we are on this Blockchain, no one has to cry anymore,
maybe some people have to eat a snickers

[DeadBirdzz]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

[BringTheFiat]

http://fortune.com/2016/09/29/robinhood-stock-app-gold-tier/

This gives you a look at how streamlining investing and reducing fees can generate huge cashflow through a relatively new platform.

(In just under 2 years)
To date, Robinhood has processed more than $12 billion in transactions. The company, which has 1 million users whose average age is 30, has raised $66 million in funding.

Iconomi can offer traditional investing on the platform to create revenue and draw more users in and introduce them to the new Iconomi.

[jackiedragon]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

[cebb]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

[jackiedragon]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

No i don't think so, but in the end the market decides.
Don't you think that the market cap of 11 Billion USD is too high for something that lets you wait for hours and days for the confirmation of one transaction and has very limited capabilities for smart contracts like something as Bitcoin?

[jackiedragon]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

No i don't think so, but in the end the market decides.
Don't you think that the market cap of 11 Billion USD is too high for something that lets you wait for hours and days for the confirmation of one transaction and very limited capabilities for smart contracts for something as Bitcoin?

11B marketcap for bitcoin is to small IMO. It serves its purpose as a store of value and interborder transfers. No one really uses bitcoin to buy coffe. Thats why coinbase is changing their model from supporting merchants with bitcoin transaction to being crypto traders.

And above all bitoin is not broken at all like ethereum. It is working as normal. true there is some spam going on at the moment but it is due to gridlock between large block supporters and small block supporters. 1 MB will be raised one way or other and the spam attacks will get costlier and costlier. even with current spam attack those who want to use bitcoin can use bitcoin with slightly higher fees.

On the other hand ethereum has no real world use case outside of crypto sphere. No one really need smart contracts on a turing complete platform and really it is trying to find a solution for a problem that does not exist. and what is interesting is that the solutions ethereum is finding are not good at all.  Ethereum platform will never be bugfree because it is turing complete. there will always be a cat and mouse game to find bugs and fix bugs as the system evolve and no one will trust such a system for creating important smart contracts.

They said homestead is a production ready stable version which is far from the truth. It will simply die just like all other hyped alt coins have died slowly. It will just take a bit longer.

Ehm but you know ICONOMI is a Fund Management Platform, based on smart contracts that are running on exactly this Ethereum Blockchain you are talking about?!

[cebb]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

No i don't think so, but in the end the market decides.
Don't you think that the market cap of 11 Billion USD is too high for something that lets you wait for hours and days for the confirmation of one transaction and very limited capabilities for smart contracts for something as Bitcoin?

11B marketcap for bitcoin is to small IMO. It serves its purpose as a store of value and interborder transfers. No one really uses bitcoin to buy coffe. Thats why coinbase is changing their model from supporting merchants with bitcoin transaction to being crypto traders.

And above all bitoin is not broken at all like ethereum. It is working as normal. true there is some spam going on at the moment but it is due to gridlock between large block supporters and small block supporters. 1 MB will be raised one way or other and the spam attacks will get costlier and costlier. even with current spam attack those who want to use bitcoin can use bitcoin with slightly higher fees.

On the other hand ethereum has no real world use case outside of crypto sphere. No one really need smart contracts on a turing complete platform and really it is trying to find a solution for a problem that does not exist. and what is interesting is that the solutions ethereum is finding are not good at all.  Ethereum platform will never be bugfree because it is turing complete. there will always be a cat and mouse game to find bugs and fix bugs as the system evolve and no one will trust such a system for creating important smart contracts.

They said homestead is a production ready stable version which is far from the truth. It will simply die just like all other hyped alt coins have died slowly. It will just take a bit longer.

Ehm but you know ICONOMI is a Fund Management Platform, based on smart contracts that are running on exactly this Ethereum Blockchain you are talking about?!

Don't get me wrong, i want ethereum to rise because it is bellwether for other alts (and I am invested in a lot of altcoins). In fact it was ethereum that revived the altcoin pump.

[shinratensei_]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

Fork will always happen in a row, No one cares when and where.
But this was making a lot of FUD feel depressed about spreading bad word of ETH.

[Ullukapatha]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

No i don't think so, but in the end the market decides.
Don't you think that the market cap of 11 Billion USD is too high for something that lets you wait for hours and days for the confirmation of one transaction and very limited capabilities for smart contracts for something as Bitcoin?

11B marketcap for bitcoin is to small IMO. It serves its purpose as a store of value and interborder transfers. No one really uses bitcoin to buy coffe. Thats why coinbase is changing their model from supporting merchants with bitcoin transaction to being crypto traders.

And above all bitoin is not broken at all like ethereum. It is working as normal. true there is some spam going on at the moment but it is due to gridlock between large block supporters and small block supporters. 1 MB will be raised one way or other and the spam attacks will get costlier and costlier. even with current spam attack those who want to use bitcoin can use bitcoin with slightly higher fees.

On the other hand ethereum has no real world use case outside of crypto sphere. No one really need smart contracts on a turing complete platform and really it is trying to find a solution for a problem that does not exist. and what is interesting is that the solutions ethereum is finding are not good at all.  Ethereum platform will never be bugfree because it is turing complete. there will always be a cat and mouse game to find bugs and fix bugs as the system evolve and no one will trust such a system for creating important smart contracts.

They said homestead is a production ready stable version which is far from the truth. It will simply die just like all other hyped alt coins have died slowly. It will just take a bit longer.

Ehm but you know ICONOMI is a Fund Management Platform, based on smart contracts that are running on exactly this Ethereum Blockchain you are talking about?!

Bitcoin has been around since 2009. Ethereum has been there for only 2 years. Rome wasn't built in a day! give some time to Ethereum to get fix problems. Any one knows where can I find the list of people working for Ethereum foundation?

[5thangel]

Yeah, Lock it, then some guys dump your ICN! Lock it

I'll buy it when the price drops ICN at a reasonable price of about 5k satoshi

you can't be serious Smoking makes you feel good in the short term 

[szafa]

Next station wrzosow.

[cryptosack]

Just out of curiosity, does anyone remember how many ICN's you received for 1 bitcoin during the ICO? Just wanted to speculate what I've missed out on, lol.

remebering right it was ~4900ICN/1BTC

[jackiedragon]

And it's fixed:

https://blog.ethereum.org/2016/11/25/security-alert-11242016-consensus-bug-geth-v1-4-19-v1-5-2/

yup, until they find something else wrong with it.......only a matter of time........Prediction Bet Anyone?

So what? Sure there will be bumps in the road in the future. Problems will be found and fixed again.
That's the process of evolving.
You don't learn how to walk without falling, it's more important if you stand up after you fell.
Or like Richard Branson said: "You don't learn to walk by following rules, you learn by doing and by falling over."

That is all true but don't you think that the market cap of 1 Billion USD is too high for something as experimental as ETH?

No i don't think so, but in the end the market decides.
Don't you think that the market cap of 11 Billion USD is too high for something that lets you wait for hours and days for the confirmation of one transaction and very limited capabilities for smart contracts for something as Bitcoin?

11B marketcap for bitcoin is to small IMO. It serves its purpose as a store of value and interborder transfers. No one really uses bitcoin to buy coffe. Thats why coinbase is changing their model from supporting merchants with bitcoin transaction to being crypto traders.

And above all bitoin is not broken at all like ethereum. It is working as normal. true there is some spam going on at the moment but it is due to gridlock between large block supporters and small block supporters. 1 MB will be raised one way or other and the spam attacks will get costlier and costlier. even with current spam attack those who want to use bitcoin can use bitcoin with slightly higher fees.

On the other hand ethereum has no real world use case outside of crypto sphere. No one really need smart contracts on a turing complete platform and really it is trying to find a solution for a problem that does not exist. and what is interesting is that the solutions ethereum is finding are not good at all.  Ethereum platform will never be bugfree because it is turing complete. there will always be a cat and mouse game to find bugs and fix bugs as the system evolve and no one will trust such a system for creating important smart contracts.

They said homestead is a production ready stable version which is far from the truth. It will simply die just like all other hyped alt coins have died slowly. It will just take a bit longer.

Ehm but you know ICONOMI is a Fund Management Platform, based on smart contracts that are running on exactly this Ethereum Blockchain you are talking about?!

Bitcoin has been around since 2009. Ethereum has been there for only 2 years. Rome wasn't built in a day! give some time to Ethereum to get fix problems. Any one knows where can I find the list of people working for Ethereum foundation?

Sure https://ethereum.org/foundation

[petricag]

I like the mature and professional approach Iconomi has decided to take in terms of exchanges.

And what is that mature and professional approach? Preventing investor to make a profit from a decent exchange?
True ... they've had the best approach ... 100% efficiency.

[5thangel]

I like the mature and professional approach Iconomi has decided to take in terms of exchanges.

And what is that mature and professional approach? Preventing investor to make a profit from a decent exchange?
True ... they've had the best approach ... 100% efficiency.

lol you sound like pump and dump cry baby  if you invest in project then you must trust the tim and respect they decisions . Nobody forced you to buy icn  you can sell it now with profit and go to zcash or other pump and dump coins . For every decision tim makes must be a reason