[ANN] ICONOMI - Fund Management Platform

[tomkat]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

[TrueAnon]

So ICn to 100k min. before end of 2016?

[tomkat]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yup, 1BTC worth of ETH is still 1BTC no matter the ETH price.

See above

[5thangel]

So ICn to 100k min. before end of 2016?

No

[Daparski]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

[irixo10]

I do not enter the purchase order at 0.00000150, it must happen these days

[DeadBirdzz]

I do not enter the purchase order at 0.00000150, it must happen these days

WOT M8?

[tomkat]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

[kalpit]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

Well, it depends person to person. Some person may prefer to keep the dividends in Ethereum, some may like to convert it immediately to Bitcoin or Fiat.

Also,  they won't make profits just in Bitcoin. They would be making profits in Ethereum, Bitcoin, and other alt coins. Investing in ico would give them alt coins which would be converted to Ethereum directly.

And my friend, in world of crypto currencies such things are common. Many alt coins are very volatile. Bitcoin too is volatile.

It could also happen the reverse way. Eth / btc rate could also go down .

It you don't want to take such risks convert crypto to fiat immediately.


If they would pay in USD, they would also invite Many legal restrictions.

[Daparski]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision.
Paying dividends in fiat?  Are you serious?


BTW - I doubt Iconomi will use Liqui to sell Golem  

[tomkat]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision.
Paying dividends in fiat?  Are you serious?


BTW - I doubt Iconomi will use Liqui to sell Golem  

I never said they will use Liqui - read that sentence again please.

Also, I never meant they pay dividends in fiat - just said that BTC rise would matter IF they promised to pay in USD. Obviously 200k ETH can be used for dividens (for the start), but they will need more ETH. You seam to be missing long term perspective. It doesn't really matter what they have now, but in long run they will need to track many exchange rates from/to many cryptos. Profitability of their operations will depend on the performance of their holdings, and countless exchange rates.

[TrueAnon]

So ICn to 100k min. before end of 2016?

No

ORLY?!
 

I think all ETH whales should get off ETH death train now and they need to jump ship to ICN!  Imagine that BTC into ICN a better project.....amazing.  The whalebots that pumped ETH woudl then get moving on ICN and it'd flyyyyyyyyyyyyyyyyy, eth deeeeed

[tomkat]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

Well, it depends person to person. Some person may prefer to keep the dividends in Ethereum, some may like to convert it immediately to Bitcoin or Fiat.

Also,  they won't make profits just in Bitcoin. They would be making profits in Ethereum, Bitcoin, and other alt coins. Investing in ico would give them alt coins which would be converted to Ethereum directly.

And my friend, in world of crypto currencies such things are common. Many alt coins are very volatile. Bitcoin too is volatile.

It could also happen the reverse way. Eth / btc rate could also go down .

It you don't want to take such risks convert crypto to fiat immediately.


If they would pay in USD, they would also invite Many legal restrictions.

I haven't suggested they should pay in USD - read carefully please.

[kalpit]

So ICn to 100k min. before end of 2016?

No

ORLY?!
 

I think all ETH whales should get off ETH death train now and they need to jump ship to ICN!  Imagine that BTC into ICN a better project.....amazing.  The whalebots that pumped ETH woudl then get moving on ICN and it'd flyyyyyyyyyyyyyyyyy, eth deeeeed

Ethereum is meant for storing and making transactions of your money. You definitely cannot use ICN in place of crypto currency like Bitcoin or Ethereum. They are more widely accepted. You wouldn't see many accepting a share in company in place of payment.
All I mean is icn is not an alternative to Ethereum. They have different purposes.

Remember, ICN  is currently compartment of Ethereum train. If Ethereum train crashes, it would have adverse effects on icn also.

[favdesu]

And somebody knows how to do the math of 5000 Icn?
How much it would be that in dividends??

Did you even take 1 min and read the latest posts? WE do not know yet!

make sure to read at least the FAQ and the 2 AMA on reddit... helps a lot and saves us all time

[Daparski]

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision.
Paying dividends in fiat?  Are you serious?


BTW - I doubt Iconomi will use Liqui to sell Golem  

I never said they will use Liqui - read that sentence again please.

Also, I never meant they pay dividends in fiat - just said that BTC rise would matter IF they promised to pay in USD. Obviously 200k ETH can be used for dividens (for the start), but they will need more ETH. You seam to be missing long term perspective. It doesn't really matter what they have now, but in long run they will need to track many exchange rates from/to many cryptos. Profitability of their operations will depend on the performance of their holdings, and countless exchange rates.

Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.

[Motivator]

Nice to see how stable Iconomi is with its current price. Time to purchase more! I can't wait for the future of this project.

[tomkat]

...
Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.

It's because you're not precise, mixing things up, and constantly changing the scope of the conversation.
Let's not continue to avoid more mess.

However, it's interesting how do you calculate that your investment is profitable?
Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit?

[electronicash]

...
Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.

It's because you're not precise, mixing things up, and constantly changing the scope of the conversation.
Let's not continue to avoid more mess.

However, it's interesting how do you calculate that your investment is profitable?
Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit?

at 1700, I don't think he gained that much, it depends to how much ICN he had.  trading isn't that simple that you can sell the whole quantity you got a the same time.  24k has its sell wall so he should have set it there as well to gain.

[tomkat]

...
Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.

It's because you're not precise, mixing things up, and constantly changing the scope of the conversation.
Let's not continue to avoid more mess.

However, it's interesting how do you calculate that your investment is profitable?
Example: you bought a coin for 1500 sat and sold for 1700. Did you make profit?

at 1700, I don't think he gained that much, it depends to how much ICN he had.  trading isn't that simple that you can sell the whole quantity you got a the same time.  24k has its sell wall so he should have set it there as well to gain.

Now you see :-)
I said  "you bought a coin" and electronicash replied "it depends to how much ICN he had" - so he has changed the scope, and we're going nowhere again :-)