[ANN] ICONOMI - Fund Management Platform

[Sm00kew]

and it's lowest price so far 

Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt.

Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader.

Marketcap is more important indicator.

[jacaf01]

The price is being sustained by the expectation of launching the fund, right? What will happen if there's another postponement? Will the price return to 22k-25k satoshis? Or would it be below 20k? If this happens, good shopping can be done! Anyway we will hope for the fund to be released within a few days as was mentioned! 

ICONOMI team has not come out with any official date when the platform will be launched, I think they don't want to commit themselves and lose investors trust. Once the platform is ready the price will move up.

[Ris88]

I think they will launch just in couple days after new announcement and there will not be time to get more of ICN, actually this is best time to buy as much as possible.

Really a wise decision for you, a good solution to take huge profits, with the solutions you provide, please you go take as much time as possible before losing ..

[B!gSmoke]

Is it my impression or is the situation becoming favorable for ICONOMI? Good since that announce the launch of the fund, this fall of Bitcoin can lead many investors to ICONOMI! The connection with fiat will help a lot! We will have 2, 3 days of many expectations!

I agree with you here.

But where I can't agree with you is this: "Kaizoku Ou Ni Ore Wa Naru"! I have to say "damare" and I will "buttobase" you! And then Kaizoku Ou Ni Ore Wa Naru!   

[kobilica]

and it's lowest price so far 

Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt.

Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader.

Marketcap is more important indicator.

Agree. Marketcap is calculated all value in $, correct?

[B!gSmoke]

and it's lowest price so far  

Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt.

Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader.

Marketcap is more important indicator.

Sorry, but where is the market cap a more important indicator? Market cap on Coinmarketcap is shown in $ and is calculated by: "amount of tokens / price in $" ---> 87,000,000 / 0.309604 $ = 26,935,548 $.

So if BTC goes down, the market cap will decrease due to bitcoin loses value in correlation to the USD. So could you please explain to me what you are trying to say? I don't get it.

[Sm00kew]

and it's lowest price so far  

Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt.

Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader.

Marketcap is more important indicator.

Sorry, but where is the market cap a more important indicator? Market cap on Coinmarketcap is shown in $ and is calculated by: "amount of tokens / price in $" ---> 87,000,000 / 0.309604 $ = 26,935,548 $.

So if BTC goes down, the market cap will decrease due to bitcoin loses value in correlation to the USD. So could you please explain to me what you are trying to say? I don't get it.

He said that ICN price is lowest compared to other coins on ticker on EthTrader. ICN price is irrelevant to compare it with other coins. You should compare whole marketcap.  What if there would be 10 times less icns. Then price of one icn would be 10 times higher. And that's why comparing prices of coins is useless.
If btc goes down then icn/btc ratio will go up (well it should go, but people then exit positions). That's why we really need icn/usd pair on kraken because btc's ups and downs f*** icn/usd price.

[Wolf-Dagger]

14 days since it was pulled. Must've been a pup of epic proportions. No AMA's happening - how many choreographed AMA actually happened? Like 2 or 3 max. No proper updates in days either. This is disappointing and the whole thing is starting to linger and give off a whiff of shite. Project has had negged out and is living on borrowed time. They need to get a move on and deliver yesterday but the perceived lack of urgency is frustrating. No big exchanges, no USA, not launched on time. This ship hasn't just sailed, it's got one eyed Willy as skipper and Chunk on the ropes. Thing is kaput, big time. In advance of the abuse I'll get for speaking against holy Iconomi  - fuck you too you motherfucking whore.

[bitcampaign]

I think they will launch just in couple days after new announcement and there will not be time to get more of ICN, actually this is best time to buy as much as possible.

how to be able to buy as much as possible, I think they need to add another new trading site for ICN

[kobilica]

By the way, everything is red in crypto space today.

[pinkman12345]

By the way, everything is red in crypto space today.

A sign that people truly are scared of Chinese threats and don't trust to hedge in any other Cryptocurrency either..

[MoveCrypto]

Everything is red if portfolio is valued in toiletpaper-fiat.

The drop in BTC price is a good thing for people who want to accumulate more BTC.

[Dynamic Index]

Can someone explain ICONOMI to me?  I understand it's kinda like a hedge fund for crypto but what does the coin (ICN) have to do with it?

[GJRSLO]

I asked Kraken a while ago to start a ICN/EUR or ICN/USD so it would be less depending on the BTC

Lets all ask them.....

[operabit]

Everything is red if portfolio is valued in toiletpaper-fiat.

The drop in BTC price is a good thing for people who want to accumulate more BTC.

BTC down, altcoins is back!

[B!gSmoke]

and it's lowest price so far  

Nope, not Satoshi wise. We are still at .00038 satoshis and testing still the resistance of .0004 sats to break ath. We are down compared to USD because BTC dumped but this will soon adapt.

Sorry, I mean lowest price compared to other coins on ticker on reddit EthTrader.

Marketcap is more important indicator.

Sorry, but where is the market cap a more important indicator? Market cap on Coinmarketcap is shown in $ and is calculated by: "amount of tokens / price in $" ---> 87,000,000 / 0.309604 $ = 26,935,548 $.

So if BTC goes down, the market cap will decrease due to bitcoin loses value in correlation to the USD. So could you please explain to me what you are trying to say? I don't get it.

He said that ICN price is lowest compared to other coins on ticker on EthTrader. ICN price is irrelevant to compare it with other coins. You should compare whole marketcap.  What if there would be 10 times less icns. Then price of one icn would be 10 times higher. And that's why comparing prices of coins is useless.
If btc goes down then icn/btc ratio will go up (well it should go, but people then exit positions). That's why we really need icn/usd pair on kraken because btc's ups and downs f*** icn/usd price.

Yes that's right. I had a missunderstanding there.

Can someone explain ICONOMI to me?  I understand it's kinda like a hedge fund for crypto but what does the coin (ICN) have to do with it?

Did you read FAQs? If yes then you can read more here: https://medium.com/iconominet

After reading this your questions should be answered. If not come back and I will help you as good as I can.

[kobilica]

ICNUSD and ICNEUR (And other crypto fiat pairs) will be awailable, don't worry. ICONOMI seeks money from old fiat economy after all right?

[gbdesai]

ICNUSD and ICNEUR (And other crypto fiat pairs) will be awailable, don't worry. ICONOMI seeks money from old fiat economy after all right?

Only sort of.  ICN is not what they're trying to drive fiat into.  They want fiat pumping into the funds themselves - ICNX, Iconomi Performance, and other OFM created funds.  This has nothing to do with people buying ICN.

[dukeneptun]

Will it be able to hit $0.40 by the end of January?

Lets not stop there, let's shoot for $40

[Dynamic Index]

Can someone explain ICONOMI to me?  I understand it's kinda like a hedge fund for crypto but what does the coin (ICN) have to do with it?

Did you read FAQs? If yes then you can read more here: https://medium.com/iconominet

After reading this your questions should be answered. If not come back and I will help you as good as I can.

So I read all the facts carefully and I believe I understand is mostly now.  The ICN coins is shares in the ICONOMI product its self.  So when dividends are paid out (in Ethereum) it's being paid based on how the funds are doing.  Buying the ICN coin is different then buying into the ICONOMI.PERFORMANCE which is a diversified fund that is in it's self not a crypto but an actual share that will be traded on real exchanges?  So by buying ICN now I am buying into the possibility ICONOMI will succeed?

And later once ICONOMI.PERFORMANCE launches would it be more profitable to hold my ICN coin or to invest in the fund it's self?

How is my understanding?