[ANN] ICONOMI - Fund Management Platform

[bitpotter]

0.00100 coming this weekend  

Without news , i'm thinking not.

Maybe .0005

if up to 100k sat, he was ready to dump!

[smokim87]

0.00100 coming this weekend  

Without news , i'm thinking not.

Maybe .0005

if up to 100k sat, he was ready to dump!

All this if there is the ad, if they postpone again I will win anyway! I just can not waste time! What can happen if they postpone?

Doubt they will postpone, I think they won't announce a release date till they are 100% ready. They seen what happened last time they postponed, lots of angry people, price dump...etc

Honestly if they set a deadline they are going to post pone, that's how crypto works lol.

I do believe they shouldn't set any deadlines, when it's ready just announce it the moment it's released that avoids the trolling, dumping and everything else in between.

[DimiZb]

The announcement of ICONOMI platfrom launch date should be coming any day now.

ICN will most likely repeat ETH re-run from Feb 2016

    Why do you think this? IMO it is highly unlikely. But if it is, congrats guys.

[brenda76]

Will ICONOMI be worth $ 2.00 at the end of February? That would be awesome!

probably not

[shinratensei_]

0.00100 coming this weekend  

Without news , i'm thinking not.

Maybe .0005

if up to 100k sat, he was ready to dump!

All this if there is the ad, if they postpone again I will win anyway! I just can not waste time! What can happen if they postpone?

Doubt they will postpone, I think they won't announce a release date till they are 100% ready. They seen what happened last time they postponed, lots of angry people, price dump...etc

Honestly if they set a deadline they are going to post pone, that's how crypto works lol.

I do believe they shouldn't set any deadlines, when it's ready just announce it the moment it's released that avoids the trolling, dumping and everything else in between.

I should be agreed with this one. If the postponed announcement will appear and I was ready for dump my coin. So if they will be the silent reader. and read how the situation it goes. The postponed ann will make the price decrease again.

[Enjorlas]

Will ICONOMI be worth $ 2.00 at the end of February? That would be awesome!

End of February is roughly 1.5 months give or take. So.....

IF Iconomi gets listed on all top major exchanges and
IF Iconomi OFM platform rolls out smoothly and
IF Iconomi gets big marketing in Finance publications like Forbes and
IF Iconomi index and performance funds do well
THEN the price may briefly flirt with $2.00 by the end of February.

But I wouldn't get my hopes up. $.50 is a much more reasonable and down to earth expectation.

[spendawgs]

What tactics will the team employ to bring regular investors into crypto?

[honolulumark]

IF Iconomi gets listed on all top major exchanges and

To tell you the truth I'm quite happy it's listed on Kraken, gives ICN credibility which is much needed with all the trash coins around, Kraken has about 12 coins/tokens I believe being traded.
They don't list random coins.
Not getting listen on Polo will turn out for the better.

[topesis]

I think we need to be realistic with our expectation, without the launch of platform 0.0005/ICN is good, but the team is not committing themselves again after the last date given was postponed. I will like them to engage with investors more

[xtyling]

Come on, we can be the 10th on Marketcap!

[ether19]

0.00100 coming this weekend  

Without news , i'm thinking not.

Maybe .0005

if up to 100k sat, he was ready to dump!

All this if there is the ad, if they postpone again I will win anyway! I just can not waste time! What can happen if they postpone?

Doubt they will postpone, I think they won't announce a release date till they are 100% ready. They seen what happened last time they postponed, lots of angry people, price dump...etc

Honestly if they set a deadline they are going to post pone, that's how crypto works lol.

I do believe they shouldn't set any deadlines, when it's ready just announce it the moment it's released that avoids the trolling, dumping and everything else in between.

I should be agreed with this one. If the postponed announcement will appear and I was ready for dump my coin. So if they will be the silent reader. and read how the situation it goes. The postponed ann will make the price decrease again.

It is better to post pond and come up with the best version of the platform as you have one opportunity to make a good impression. But at the same time, you will see weak hands leaving when they see things are not moving as they expected it to. This causes the price to drop and it's an opportunity for serious investors and believers in this project to add more "cheap" ICN tokens. Going long is the mantra to making huge returns in cryptos.

[DeadlyEskimo]

With the Iconomi platform coming and the potential for hundred if not thousands of funds, investors we will need a place to consolidate and discuss individual funds, their performance and their management.

bitcointalk.org would be a great place for this, except it's too easy for topics relating to Iconomi funds to be washed away and potentially hard to find.

The site is simple but allows for users to post their funds information, giving other users the ability to search for it. The second addition is a local forum to further discuss any funds and their performance.

iconomifunds.com

Thanks a bunch and I hope the best for all investors!

[smokim87]

I wanted to create a place were people interested in starting or investing in ICN funds could start to coordinate and if need be explain / ANN their fund.

Each profile has a rating system were community members can rate each other, giving your social standing high importance when investors are researching funds.

Iconomifunds.com

Nice site, try making the title bigger. The header seems empty, maybe something similar to ICN's design.

[DeadlyEskimo]

I wanted to create a place were people interested in starting or investing in ICN funds could start to coordinate and if need be explain / ANN their fund.

Each profile has a rating system were community members can rate each other, giving your social standing high importance when investors are researching funds.

Iconomifunds.com

Nice site, try making the title bigger. The header seems empty, maybe something similar to ICN's design.

Thanks for the feedback, I was trying to keep it simple. I will take a look.

[gomados]

I wanted to create a place were people interested in starting or investing in ICN funds could start to coordinate and if need be explain / ANN their fund.

Each profile has a rating system were community members can rate each other, giving your social standing high importance when investors are researching funds.

Iconomifunds.com

Very cool....

[pind919]

Come on, we can be the 10th on Marketcap!

Top 10 ? That's all ?!
Their previous project alone (Cashila.com) is already big enough to be in top 10 on Market cap list.
Once ICONOMI platform launches, the world is about to find out that this team wasn't playing around.
A team with their caliber & expertise, didn't start ICONOMI until they knew very well it was going to be MUCH MUCH much bigger than Cashila.
The world is about to find out why ICONOMI is worth well over a Billion dollars, so make room for ICN in TOP 3 on Market cap list.

ps. Before anyone says ICN can't surpass ETH's $900m MarketCap, remember that ETH to ICN, is just like Apache servers ($23b marketcap) to Facebook ($368 marketcap)

+1

+100

[fdgara]

Since everyone here likes to speculate on price, here is my analysis on what we can achieve this year. I like to use existing data in order to project future outcomes. So in this post, I will compare it to ETH since this has come up quiet a lot recently.

Although, we are comparing ICN (token that runs on Ethereum) vs ETH which is the gas that powers the Ethereum blockchain, they both have almost the same available supply. ICN is 87m and ETH 87.8m. So far the early charts for ETH are looking very similar to ICN. Because they have the same available supply, we can assume with a high degree of confidence that if and this is a BIG IF, but if ICN manages to increase the volume (which is indirect measure of demand), then we should see the same price action.

To put it simply, price is a product of supply and demand. Therefore, if supply is same for ETH and ICN, demand (volume is strong indicator for demand) will determine the price over the next 12 months.

Lets look at volume for ICN.... Right now, we have hit $0.5 million in 24 hours approximately 3 times in the last month. In order to repeat the same bull rally that we saw with ETH, we will need to start with minimum $1m in volume everyday. This is certainly achievable after the platform announcement.

In the next couple of months after announcement, I expect strong PR campaign by the team across cryptocurrency channels and mainstream media. They have already been listed on reputable publications like forbes, International Business times etc... In addition to that, we can expect to go 'viral' on YouTube and Facebook if there is a referral/affiliate program. (I.e. for every person you refer and deposits more than $100, you get a commission from that).

At that point, the quality of the product and service provided by Iconomi will determine whether people will invest into the platform and ICN. In order to see prices of $5+, we need peak 24 hour volume to reach $30-$50m at some stage this year. I know we are a long way from that right now, but do not underestimate the power of FOMO in Cryptocurrency. Believe me, The FOMO in these markets is REAL!

It is important to note however, it is expected that majority of ICN token holders will hold their tokens in their own private wallet to accumulate dividends, with a high percentage of them (I will be one of them) reinvesting dividends into buying more ICN. Coupled with the fact that there is no inflation and no mining, we can assume with high degree of confidence that the price of ICN will be a lot less negatively suppressed than ETH.

This means A) we can reach the same prices that ETH had with less volume/demand or B) If we achieve the same volume/demand that ETH had, then we should expect higher prices for ICN due to the 2 points mentioned above.

For the sake of being objective and not sounding deluded, ETH has a much bigger advantage over ICN due to the fact it is listed on multiple exchanges. It will be very difficult for ICN to achieve the same volume we had with ETH on only Kraken... So hopefully, we will see ICN pop up on more exchanges soon. Yes, Kraken is good enough for now. It has enough security and liquidity for most ICN holders. However, I don't think it will be enough to achieve the kind of volume that we are hoping for by itself. The reason is arbitrage. People make a lot of money from buying and selling across multiple exchanges during periods of high volatility. This increases volume and is really important factor in terms of how markets work.

What are other exchanges waiting for? I think that's a topic for another post.... However, I'm optimistic that even if major exchanges like polo do not list ICN because they see OFM platform as a rival, we will see several smaller exchanges list ICN. There are several well know exchanges that are struggling for volume such as Coinsquare, Bittrex, Yobit, Yunbi, Gemini etc... Those are all exchanges outside of top 10 in volume and will benefit massively by adding ICN. I think it's realistic that ICN will be on minimum 6 more exchanges in 2017.



TL;DR keep an eye on 24hour volume over the next couple of months. This should be a strong indicator (not the only indicator) but very strong indicator on whether or not we will see the same price for ICN as we saw for ETH 2016.

[favdesu]

the price is going in the right direction, I just hope they come up with a usable product in the near future

[jacaf01]

the price is going in the right direction, I just hope they come up with a usable product in the near future

I agree with you, the price has been moving in the right direction and is giving potential investors second look at the project, don't forget that the project is well capitalised over $17 million, this huge funding will allow them to develop a solid platform

[n691309]

I think we need to be realistic with our expectation, without the launch of platform 0.0005/ICN is good, but the team is not committing themselves again after the last date given was postponed. I will like them to engage with investors more

The 50k target is already reached on liqui, there were some orders at 0.0005 and this can be a good news for iconomi and probably this weekend the price will be pumped and we hope that this will reach at 100k per 1 ICN.