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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 550844 times)
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BitPotus
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July 31, 2017, 09:16:42 AM
 #6741

slowly raise . As to where I can look will rise .




 Roll Eyes
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July 31, 2017, 09:18:24 AM
 #6742

Nobody wants to have security tokens! I agree with @J3p0, they'll try to make it an utility token... or was it just that from the beginning?


didn't Jani say that ICN will be used within the platform?

So that will make it a utility token then?

Btw FUCK THE SEC... Roll Eyes

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.

But was the change before or after the ICO took place?

This change happened after the ICO took place.
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July 31, 2017, 09:21:52 AM
 #6743

Nobody wants to have security tokens! I agree with @J3p0, they'll try to make it an utility token... or was it just that from the beginning?


didn't Jani say that ICN will be used within the platform?

So that will make it a utility token then?

Btw FUCK THE SEC... Roll Eyes

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.

But was the change before or after the ICO took place?

This change happened after the ICO took place.

Do you think this may have a complication? Due to ICN stating there will be the dividends payout in the whitepaper before and during the ICO, then changing it after they've realised it would be considered a security. Because a portion of investors buying in during the ICO would of most likely been just for the dividends. Maybe I'm just overthinking, guess we'll just have to wait and see from the official team.
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July 31, 2017, 09:41:17 AM
 #6744

Guys! They updated CMC and seems like burned over 100k ICN: https://coinmarketcap.com/assets/iconomi/#markets

Yes it will launch tomorrow!

Still not a guarantee that they will released it. They need to be here and tell a word about it else this is going to be a trap. You will end up losing it you suddenly buy thousands before the real market stables tomorrow.  Selling soon.

Most probably they are ready but delay till 1st of August on purpose. If they are not, it will take another month(s). We'll know in 36 hours.
B!gSmoke
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July 31, 2017, 09:41:24 AM
Last edit: July 31, 2017, 11:40:00 AM by B!gSmoke
 #6745

Nobody wants to have security tokens! I agree with @J3p0, they'll try to make it an utility token... or was it just that from the beginning?


didn't Jani say that ICN will be used within the platform?

So that will make it a utility token then?

Btw FUCK THE SEC... Roll Eyes

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.


But was the change before or after the ICO took place?

This change happened after the ICO took place.

Do you think this may have a complication? Due to ICN stating there will be the dividends payout in the whitepaper before and during the ICO, then changing it after they've realised it would be considered a security. Because a portion of investors buying in during the ICO would of most likely been just for the dividends. Maybe I'm just overthinking, guess we'll just have to wait and see from the official team.

No, not anymore because this happened already months ago.

I'm an ICO investor myself and as they published the news about switching from dividends to buybacks, sure everyone was like "HELL No, we got promised dividends!". That's a normal reaction from people and totally understandable. After a few days and as the dust had settled people started to realize that buybacks aren't that bad and therefore a lot of people held onto their ICN. Sure you also had those people who sold their ICN because of the news but that's what you call "shaking the weak hands out".

Afterall IMO it's not about dividends or buybacks anymore because dividends are the past and buybacks are the future!

The only thing what people now want to know is - will we successfully launch on August the 1st or not!
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July 31, 2017, 09:59:23 AM
 #6746



Soon. Very soon.  Cheesy
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July 31, 2017, 10:06:18 AM
 #6747

Nobody wants to have security tokens! I agree with @J3p0, they'll try to make it an utility token... or was it just that from the beginning?


didn't Jani say that ICN will be used within the platform?

So that will make it a utility token then?

Btw FUCK THE SEC... Roll Eyes

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.


But was the change before or after the ICO took place?

This change happened after the ICO took place.

Do you think this may have a complication? Due to ICN stating there will be the dividends payout in the whitepaper before and during the ICO, then changing it after they've realised it would be considered a security. Because a portion of investors buying in during the ICO would of most likely been just for the dividends. Maybe I'm just overthinking, guess we'll just have to wait and see from the official team.

No, not anymore because this happened already months ago.

I'm an ICO investor myself and as they published the news about switching from dividends to buybacks, sure everyone was like "HELL No, we got promised dividends!". That's a normal reaction from people and totally understandable. After a few days and as the dust had settled people started to realize that buybacks aren't that bad and therefore a lot of people hold onto their ICN. Sure you also had those people who sold their ICN because of the news but that's what you call "shaking the weak hands out".

Afterall IMO it's not about dividends or buybacks anymore because dividends are the past and buybacks are the future!

The only thing what people now want to know is - will we successfully launch on August the 1st or not!

https://m.youtube.com/watch?v=rKvshXcsT-M
someonesomeone
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July 31, 2017, 10:16:31 AM
 #6748

Awesome! This time next year I hope to see that number below 97M. That would be an awesome achievement IMO.

Guys! They updated CMC and seems like burned over 100k ICN: https://coinmarketcap.com/assets/iconomi/#markets

Yes it will launch tomorrow!
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July 31, 2017, 11:01:53 AM
 #6749

ICN is one of those few tokens that is doing well despite low market.It is the best rewarding token for ICO investors.
B!gSmoke
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July 31, 2017, 11:35:36 AM
 #6750

ICN is one of those few tokens that is doing well despite low market.It is the best rewarding token for ICO investors.




MEWN INC!!!!
Mendeleev
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July 31, 2017, 12:07:43 PM
 #6751

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.

It's not up to us, or Iconomi, whether it's a security or not. Your reasoning is incorrect. ICN is still arguably a security.

The fact profits are being used to buy back the token doesn't prevent it from being classed as a security. It's still a method of profit distribution, and ICN holders are still expecting the value of their investment to increase.

It is better to stick with the "we don't really know yet" position, than to claim it definitely is or isn't a security at this stage.

As Bigsmoke is active with his moon talk and conjecture, close to an important date, you can probably expect most of his ICN to be sitting on Kraken right now, waiting to dump on your heads  Grin
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July 31, 2017, 12:26:56 PM
 #6752

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.

It's not up to us, or Iconomi, whether it's a security or not. Your reasoning is incorrect. ICN is still arguably a security.

The fact profits are being used to buy back the token doesn't prevent it from being classed as a security. It's still a method of profit distribution, and ICN holders are still expecting the value of their investment to increase.

It is better to stick with the "we don't really know yet" position, than to claim it definitely is or isn't a security at this stage.

As Bigsmoke is active with his moon talk and conjecture, close to an important date, you can probably expect most of his ICN to be sitting on Kraken right now, waiting to dump on your heads  Grin


For what I´ve heard Iconomi spent shitloads of money on US lawyers to clearify things. That and that fact that still none of the exchanges have reacted with delisting (which may all have good lawyers themselves) makes me believe that the SEC stuff is a non-issue, especially for tokens that were issued and sold prior the SEC report.

If it´s an issue in future anyway, there will be SEC compliant exchanges like https://bravenewcoin.com/news/overstock-announces-cryptosecurity-exchange-and-worlds-first-crypto-bond/

In my opinion it would be very positive and likely that US people could finally participate

JOIN OFFICIAL ICONOMI SLACK FOR INSTANT NEWS FROM THE TEAM - http://iconominet.herokuapp.com
B!gSmoke
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July 31, 2017, 12:44:25 PM
 #6753

As ICONOMI first published their whitepaper they said they will pay dividends in form of ETH to their ICN hodlers, but at a certain point they realized that this will make ICNs a security so they switched to buyback method and Jani said that they will give ICN a utility on their DAMP platform (final product).

This means ICN isn't a security anymore it's a utility token now.

As Bigsmoke is active with his moon talk and conjecture, close to an important date, you can probably expect most of his ICN to be sitting on Kraken right now, waiting to dump on your heads  Grin


All of my 42 ICN are rdy to get unloaded on ya heads!! Learned it all from you, the best! Mendeleev was once my mentor!  Grin Tongue

Pls, advise when dump?
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July 31, 2017, 12:57:50 PM
Last edit: July 31, 2017, 01:11:33 PM by RichardReMark
 #6754

Why dont we change the iconomi logo in pink while were at it :p we got a girl now, economic sex change.
Mendeleev
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July 31, 2017, 01:06:46 PM
 #6755

For what I´ve heard Iconomi spent shitloads of money on US lawyers to clearify things. That and that fact that still none of the exchanges have reacted with delisting (which may all have good lawyers themselves) makes me believe that the SEC stuff is a non-issue, especially for tokens that were issued and sold prior the SEC report.

If it´s an issue in future anyway, there will be SEC compliant exchanges like https://bravenewcoin.com/news/overstock-announces-cryptosecurity-exchange-and-worlds-first-crypto-bond/

In my opinion it would be very positive and likely that US people could finally participate

Yeah, I'm fairly convinced it's a non-issue too. People are talking about it as if it's a terrible thing that we need to avoid at all costs.

It's not something that puts a black mark on ICN (or any other token that might be a security). I think the main issue is that ICOs currently represent a space where a company can potentially sell "securities" worldwide, without the hassle of dealing with the SEC in the US. That doesn't mean the tokens are doomed or anything. Just that future projects need to be careful with regards to the US, or actually fork out the money to register with the SEC (and wait for approval), if they want to enter the US market (which Iconomi already knew, and have prepared for)
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July 31, 2017, 01:11:10 PM
 #6756

All of my 42 ICN are rdy to get unloaded on ya heads!! Learned it all from you, the best! Mendeleev was once my mentor!  Grin Tongue

Pls, advise when dump?


Dont dump lol keep hodl icn $20 by end of week trust me


*sneaks off to dump his stash...*

Buy ChainCoin  Grin
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July 31, 2017, 01:20:27 PM
 #6757

Do you think I will get rich with 332 ICN? I have pre-ordered lambo in two years time. I'm praying.
B!gSmoke
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July 31, 2017, 01:21:17 PM
 #6758

All of my 42 ICN are rdy to get unloaded on ya heads!! Learned it all from you, the best! Mendeleev was once my mentor!  Grin Tongue

Pls, advise when dump?


Dont dump lol keep hodl icn $20 by end of week trust me


*sneaks off to dump his stash...*

Buy ChainCoin  Grin




HOLY SHIAT!



Mendeleev
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July 31, 2017, 01:26:25 PM
 #6759

Thanks Smokie, I forgot the big green text!

My shilling game is weak.
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July 31, 2017, 01:27:33 PM
 #6760

$20 and I will buy lambos in bulk. Cheesy

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