jackiedragon
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Activity: 284
Merit: 250
Crypto Future here i come
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January 07, 2017, 04:20:32 PM |
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all walls will be conquered
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To da Moon
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fdgara
Newbie
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Activity: 45
Merit: 0
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January 07, 2017, 04:38:35 PM |
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Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...
Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!! So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month. Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal.... Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token. So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.
IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.
BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS. I AM HODLING.Don't we all like it when Mal does these calculations? Yup, it was spot on! Thanks for that Mal. Usually company shares are valued based on 6% dividends return. The fact we haven't included ICNX, ICNP and only used conservative figures based on ONE exchange (volume from all exchanges combined in last 24 hours is close to $300m). So even on very conservative calculations price is extremely undervalued. We haven't even started to speculate on how much money will come in from OUTSIDE of crypto
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B!gSmoke
Sr. Member
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Activity: 514
Merit: 353
Respect has to be earned, just like money!
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January 07, 2017, 04:43:51 PM |
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If that sell wall is broken, we may see a nice climb to 0.00100 this weekend.
0.00100 this weekend. 0.00500 after ICONOMI Platform launch. 0.01 after OFM Platform launch. When this 100k floor is coming we are waiting for this but it taking too long time. I'm still holding my tokens even already it's 2x than my actual buy price but I have believe sooner will reach to 100k. Will someone please sell me 10k ICN for 0.000338 my buy order is on kraken Someone sells me 228K ICN at 32100. My order is also in kraken. Dafuq you're Talking about? That's my order
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B!gSmoke
Sr. Member
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Activity: 514
Merit: 353
Respect has to be earned, just like money!
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January 07, 2017, 04:51:20 PM |
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Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...
Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!! So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month. Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal.... Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token. So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.
IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.
BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS. I AM HODLING.Don't we all like it when Mal does these calculations? Yup, it was spot on! Thanks for that Mal. Usually company shares are valued based on 6% dividends return. The fact we haven't included ICNX, ICNP and only used conservative figures based on ONE exchange (volume from all exchanges combined in last 24 hours is close to $300m). So even on very conservative calculations price is extremely undervalued. We haven't even started to speculate on how much money will come in from OUTSIDE of crypto I was about to say that. Iconomi doesn't aim at those who already are in crypto, they aim for these outside of it - the old economy! There is so much more money than our 16.8 Billion. I hope their affiliate program will be on point so everyone has a good reason to drag in a lot of new people. I already dragged my mother, father and some close friends in!
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Bitsyo
Member
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Activity: 68
Merit: 10
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January 07, 2017, 05:04:11 PM |
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ICN rising and holding value really nicely - it did great during that BTC crazy run upwards.
I make some profit to, and wait the 350K down to the moon!! It will come just hold and wait, ICN has yet a lot to show.
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ecawyna
Sr. Member
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Activity: 294
Merit: 250
🌟 æternity🌟 blockchain🌟
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January 07, 2017, 05:17:01 PM |
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that wall is gone
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Raizou
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January 07, 2017, 05:21:57 PM |
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It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?!
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DimiZb
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January 07, 2017, 05:30:34 PM |
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It's amazing how Iconomi was one of the best things after Bitcoin! The expectation is huge, the correct would be to stay calm and not think big or already start to plan what to do with the money?! ICN is a weird one, it was dumped under ico price, but it recovered very soon, with tiny investment on golem, it pumped to 40k sat, but golem is bad investment, under ico too.
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ArpFlush
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January 07, 2017, 05:46:37 PM |
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Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...
Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!! So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month. Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal.... Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token. So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.
IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.
BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS. I AM HODLING.Don't we all like it when Mal does these calculations? I don't like maths nor calculations, except when Mal does them
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"Panic Selling is not an Investment Strategy"
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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January 07, 2017, 05:59:47 PM |
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Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...
Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!! So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month. Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal.... Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token. So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.
IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.
BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS. I AM HODLING.I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good. Math is not the problem, reaching the point of success is what's challenging
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Nachbar90
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January 07, 2017, 06:04:27 PM |
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Poloniex has had 27,500 btc volume ($24 million) trading volume in the last 24 HOURS! Imagine how much trading volume they have in 1 year and how much profit they make from fees! I will be happy with just 10% of that trading volume on OFM in the first year...
Do I hear someone off in the distance asking for a math calculation to be done? Wait just a moment....why, yes....yes I do !!!! So Polo has $24M per day in trading volume. That's roughly 30*24M = $720M in trading volume per month. Let's assume ICONOMI OFM ramps up to capture 10% of the Polo trading traffic per month at some time in 2017. At that point, OFM would be handling 2750 BTC in trade per day for a total of around 30 * 2.4M = $72M in trades per month. Hey, that sounds like a reasonable goal.... Poloniex fees are detailed at https://poloniex.com/fees/. If ICONOMI charges a competitive 0.20% fee, they would then be earning roughly speaking 0.002 * 72M = $145K per month in OFM fees, or around $1.75M per year. As the official owners of the OFM, holders of ICN tokens receive all fees from the OFM platform. Thus in this example 100M ICN tokens would split $1.75M per year, or around 0.0175 USD per ICN token per year. These tokens are currently for sale at Kraken for around 0.3000 USD per ICN token. So ICN TOKENS PURCHASED ON KRAKEN TODAY OFFER A 0.0175 / 0.3000 = 5.8% ANNUAL RETURN ON INVESTMENT JUST FROM OFM FEES FOR EVERY 10% OF POLONIEX TRADE TRAFFIC CAPTURED DURING 2017.
IF OFM EVER GETS AS BIG AS POLO, ICN TOKEN HOLDERS GET 0.175 USD PER YEAR PER ICN TOKEN JUST FROM OFM FEES. THIS WOULD BE A 58% ANNUAL RETURN AT CURRENT KRAKEN ICN PRICES.
BUYING ICN AT KRAKEN IS LIKE BUYING INTO AN IPO OF POLONIEX OWNERSHIP - AND MUCH, MUCH MORE. THESE CALCULATIONS DO NOT INCLUDE ADDITIONAL PROFITS ACCUMULATED BY ICN TOKENS FROM ICNX AND ICNP FUNDS. THESE ADDITIONAL PROFITS MAY BE EVEN BIGGER THAN OFM PROFITS. I AM HODLING.I'm not sure if 100% fees go to stakeholders, isn't there like 10% to iconomi team? anyways, still looking good. Math is not the problem, reaching the point of success is what's challenging But with having already one article about Iconomi in the Forbes magazine, I think they have good relationships and their marketing team will do a great job
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rgornik
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January 07, 2017, 06:08:55 PM |
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Big buy wall is down and sell wall is just at 37k now
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pinkman12345
Legendary
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Activity: 1070
Merit: 1021
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January 07, 2017, 06:29:38 PM |
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No more walls till 40k now
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jarsmp_37
Newbie
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Activity: 3
Merit: 0
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January 07, 2017, 06:30:36 PM |
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No more walls till 40k now Time to Lambos =)
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honolulumark
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January 07, 2017, 06:36:21 PM |
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No more walls till 40k now Time to Lambos =) No, please, no more lambo-posting. Post some gifs instead.
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pinkman12345
Legendary
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Activity: 1070
Merit: 1021
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January 07, 2017, 06:37:44 PM |
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No more walls till 40k now Time to Lambos =) There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo
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taipei
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January 07, 2017, 06:49:36 PM |
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bogdanbm
Newbie
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Activity: 62
Merit: 0
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January 07, 2017, 06:54:05 PM |
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No more walls till 40k now Time to Lambos =) There isn't enough btc offered in the buys for even 1 lambo lol so I wouldn't get your hopes up too soon. Give it a couple of years.. then slim chance of a lambo In these times, a single person can double the price if buy or null the price if sell, in both directions everything could go very fast. I hodl becuase I am confident that the direction will be north In top 100 currencies there only 4-5 that actually deliver a working product, icn is one of them, and with the brightest future my opinion.
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rgornik
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January 07, 2017, 07:08:56 PM |
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is there a pump? price hit 370 for a second
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