[ANN] ICONOMI - Fund Management Platform

[smokim87]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

[memii]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

Nobody can make them stop dumping that is real story about any altcoin project. The main reason is price of bitcoin is going higher and higher so this could make the people to get profit by dumping their tokens. Surely they will cry later.

[bitarri]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

The fact that they haven't dumped earlier; when they could have dumped; shows that the platform is impressive but just needed minor additional tweaks that ICONOMI team can fix by early 2017.

[Mendeleev]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

It's difficult to avoid "insider trading" in crypto. Too many people get to know things in advance.

You can't really look at it in the same way as with the stock market, either, from a legal standpoint.

I would say if anybody has an ethical issue with unfair trading, then crypto is not the best place for them.

No offence intended to you, though.

Even if somebody on the inner circle doesn't use info to their advantage, there's nothing to stop them tipping off friends etc. instead.

[TheKB]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

It's difficult to avoid "insider trading" in crypto. Too many people get to know things in advance.

You can't really look at it in the same way as with the stock market, either, from a legal standpoint.

I would say if anybody has an ethical issue with unfair trading, then crypto is not the best place for them.

No offence intended to you, though.

Even if somebody on the inner circle doesn't use info to their advantage, there's nothing to stop them tipping off friends etc. instead.

Ethics is what separate a MAN from Scum

[Admiral_Bit]

Well fuck it; iconomi is going to be great anyway; still this didnt need to happen. They should hire a new PR assistant...

[BlockChainr]

Agreed with the need of a new PR person. I've called for this many times in the past...

After today's dip, the price will certainly recover & keep rising in anticipation of the rescheduled launch.

[usorin]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

[rgornik]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

If you use wrong "common sense" then it can establish a Truth that is not real truth. I like things being confirmed, not speculated

[garciaor2002]

This rocket needs some refueling 

[smokim87]

Well fuck it; iconomi is going to be great anyway; still this didnt need to happen. They should hire a new PR assistant...

First rule in crypto...never set deadlines or release dates. I've never seen any alt meet their deadlines and that just causes disappointment and sell offs. Not sure but people never learn it seems, unless it's on purpose. Not accusing anyone here...

[smokim87]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

Simple way of finding out if it was insider trading...check the time stamps when the big dump happened and when the ICN team posted the announcement on their blog...if it's after the announcement then it's not insider trading just someone that acted fast, if it was before then that proves it was insider trading.

[usorin]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

If you use wrong "common sense" then it can establish a Truth that is not real truth. I like things being confirmed, not speculated

Confirmed by who? Who is so stupid to confirm  those things?  Common man ..Grow up!( no offense! )

[tmp2]

Hoping the Iconomi team would shed some light some the alpha testers.

I mean if their ICN holders and knew they were postponing what's stopping them from dumping before hand? That's insider trading, hoping some clarification on that from the team.

It's difficult to avoid "insider trading" in crypto. Too many people get to know things in advance.

You can't really look at it in the same way as with the stock market, either, from a legal standpoint.

I would say if anybody has an ethical issue with unfair trading, then crypto is not the best place for them.

No offence intended to you, though.

Even if somebody on the inner circle doesn't use info to their advantage, there's nothing to stop them tipping off friends etc. instead.

Ethics is what separate a MAN from Scum

The thing is , you can never know how things would impact the market.
On the other hand the price could go up due to this delay and not down.
Its all about how strong you believe in a project and how far you are willing to go or sacrafice.

[Pap0u]

Insider trading is the only reason there is money to be made in crypto.....if there is no insider trading then it ain't crypto.

[MoveCrypto]

Oh well... ICN will just keep rising until the rescheduled launch date in early 2017  

Exactly... the price will just keep rising since the launch anticipation will only keep getting bigger & bigger  

ICN is back up again in the 30k's  

Sorry for the dumpers who dumped in the 20k's  

there is no buy support to hold 30K price, maybe when iconomi announces revised date for platform launch. the point is with cancellation of launch, there is effectively NO NEWS. so all the price hike doesn't make much sense.

This guy who dumped 360k has at least 110 BTC in his Kraken account waiting to buy back in now.

https://etherscan.io/token/ICONOMI?a=0x170c8e0ec988ff96e19ec1553b289d21b2024f6c

He's probably a clever trader, so I bet he buys in small chunks instead of risking starting a rally by putting up one big buy wall.

I love the free market, so I must say I prefer crypto market instead of traditional markets with regulators trying to prevent "insider trading".  It's literally impossible to regulate a market to the point where every participant trades with the exact same information.

Imagine a big shareholder decides to hold his shares and not make any trades at all because he has inside information that the price will likely pump in a few months.  That could also be considered insider trading, but it's impossible to prove because the guy didn't make any trades.  That's why I think trying to prevent "insider trading" and sending martha stewart to jail are often pointless exercises.

[usorin]

I am glad they do not want to rush it. Btw that guy who dumped 250k yesterday and 100k today and still have cca 300k ICN knew it very well

Shouldn't that be worrying ?

yep they know when to dump... insider informations...maybe the iconomi crew dumped some for new year presents

Now everything make sense. Good observation! For sure it was an "insider information" !

Do you have any official news about that?

What  "official news" do you want? LOL !! look at the market. Some "people" dumped  several hundred thousand of ICN before the ICNX release date ) (which supposed to be 28 Dec)
Now use  your common sense! If you know  the release date ( which means "price growing" ) no one will sell such a huge amount .. Those people  knew  about  the postpone, they got the information from inside! Unfortunately those actions are unfair for all of us,  ICN investors.
 I don't like those kind of actions ( it reminds me of blog posting, when friends of Iconomi team  got the maximum stake even if those articles were much worse than others )

Simple way of finding out if it was insider trading...check the time stamps when the big dump happened and when the ICN team posted the announcement on their blog...if it's after the announcement then it's not insider trading just someone that acted fast, if it was before then that proves it was insider trading.

The postpone announcement was made about 4 hrs ago. The dump begun 2 days ago ( on Dec 26 someone dumped around 140k ICN then 200k ICN)  and so on..) Those people knew it about postpone date.. Thaaaa

[andreibi]

So glad I sold in profit 

What's happening now (hourly)

Meh, support broken. Back to 28 - 30k. Whales have spoken, hype over. Rally will resume next year after some painful correction.

WTF

Shorts got fucked. PINBAR in the daily chart.



I thought that red candle will follow though. Oh well, sold in profit....What was the ICO price again?  0.00020660BTC? Decent 80% profit.

[kobilica]

Someone doesn't means same person, there are many traders in ICN just looking to make a profit.

[usorin]

Insider trading is the only reason there is money to be made in crypto.....if there is no insider trading then it ain't crypto.

You are right  but not when you are playing with investors money... Investors has the right to know  at the same time about infos. All or no one!!!