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AdobeWriter
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March 01, 2017, 10:22:30 PM |
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Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.
I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.
I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history). Yes, that's the most likely explanation. I just offered a less probable alternative to it. |
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cnupo
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March 01, 2017, 10:30:45 PM |
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If ICN holders will get dividends from ICNX, ICNP, OFMP as mentioned on a previous post in this thread, what ICNX holders will earn exactly because until now I can't understand the use of ICNX and how the price for it is calculated as It looks useless except the fact that you could use it on the platform for something that I'm also not really sure of.
Your money you invest will increase when the market raises. It cointains 12 different crypto currencies, and what you invest will be balanced among those currencies at a certain rate, depending on how valuable the algorithm finds them. With the market raising, you profit because the underlying tokens are gaining in value and are worth more. You pay 3% management fee per year, which goes to ICN holders. If you take the current performance, which is about 20% per month (in the beta, it was about 23.4% but let´s take 20 for now!), you will have 117% (20%*12-3% fee) yield per year. If you then decide to sell your ICNX out, you pay an additional exit fee of 0.10% Conclusion: You´ve gained ~117% within one year, without doing anything like reading news on currencies daily, watching charts, deciding to drop your currency in favor of another but you´ve still profited largely!Lol i thought 20X12 = 240, as 2x12 usually was 24 Anyway It is a fairy tale, and very soon all of you will be disappointed |
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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March 01, 2017, 10:41:26 PM |
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***
Lol i thought 20X12 = 240, as 2x12 usually was 24
***
hey  but here should be : ((1+1*20%)+(1+1*20%)*20% )+ ... and mean time you cut 3%... formula is bit complicated. compounded interest rise faster |
Request / 26th September / 2022 APP-06-22-4587
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logictense
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March 01, 2017, 11:02:41 PM |
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Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.
I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.
I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history). Have u seen the volume, u swinging bitch. The only thing that swings is ur ass, and I will tell u more. Someone curls ur legs up, moves ur head down and fastens ur body with ropes after which someone else applies a pressure to ur ass making it swing between walls like a pendulum. |
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Enjorlas
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March 01, 2017, 11:08:29 PM |
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Well that escalated quickly.
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loremipsum
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March 01, 2017, 11:20:40 PM |
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Love how his "big dump" has been "yet to come" since December, while at the same time ICN has pumped several times.
I heard a rumor that some exchanges(maybe even polo) might be behind the organized fud-ing of ICN, since they might lose some of their business to the ICONOMI OFM platform.
I don't think so, I think this group profits by price swings due to hype (they were doing it very well on the old ICONOMI thread) and FUD. They were doing it on other projects as well (I had checked their post history). Have u seen the volume, u swinging bitch. The only thing that swings is ur ass, and I will tell u more. Someone curls ur legs up, moves ur head down and fastens ur body with ropes after which someone else applies a pressure to ur ass making it swing between walls like a pendulum. Wow, the FUD group answers back! So you are still watching this thread! I found some FUD comments on Lisk on your previous posts, I guess its just a coincidence |
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spendawgs
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March 02, 2017, 03:45:33 AM |
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Devs need to remove or rename the old thread. Keeps coming up and its not doing the price any favours just lingering
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Woof woof!!
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MoveCrypto
Sr. Member
Offline
Activity: 364
Merit: 250
move that crypto
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March 02, 2017, 04:52:05 AM
Last edit: March 02, 2017, 05:03:29 AM by MoveCrypto |
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hahahaha, you caught me.
In fact, I'm selling everything and going all-in on Chinese "Ethereum/Bitcoin hybrid." Credible scam accusations and 50% of supply goes to team, sounds legit.
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bircoin
Sr. Member
Offline
Activity: 532
Merit: 251
Presale Starting May 1st
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March 02, 2017, 05:58:07 AM |
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Why is the price falling? I am hopeful.
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trumpc2016
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March 02, 2017, 07:05:51 AM |
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are you serious, some big fish is just making money on icn while it's possible - because when ICN will launch platform for everyone it will go only up. cmon guys.
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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March 02, 2017, 07:20:44 AM |
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Nah IMO people are trying to sell ICN and get on ICNX later ^^ becouse you see much more green in ICNX than ICN. ICN to grow now up need ? FIAT deposits but now are not avaible so there is currently only ICN <> BTC <> ICNX <>>> ICNP. If you have strong hands i can give u a tip : - once big holder of fiat will move into ICNX people will realize that was mistake to sell ICN becouse no one was thinking about that scenario before ^^ ( almost none  ) to be fair all we see that ICONOMI is moving forward when you look at other high funded projects Waves Lisk SingularDTV DixDao ICONOMI is one of best teams - is delivering. Creating good platform properly codded is not case for 1-month so delays are acceptable till they deliver. |
Request / 26th September / 2022 APP-06-22-4587
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rafajunior99
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March 02, 2017, 07:23:31 AM |
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are you serious, some big fish is just making money on icn while it's possible - because when ICN will launch platform for everyone it will go only up. cmon guys.
perhaps because bitcoin is currently high price factor that the price of ICN affected by it, I think you are here not to worry and panic may come a time later the price will be stable even ride height.  |
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puremage111
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March 02, 2017, 07:29:40 AM |
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Price goes down doesn't mean project scam Don't worry, it will not dump to 0 because if when the platform launched, everything will change |
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bittraffic
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March 02, 2017, 07:47:58 AM |
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hahahaha, you caught me.
In fact, I'm selling everything and going all-in on Chinese "Ethereum/Bitcoin hybrid." Credible scam accusations and 50% of supply goes to team, sounds legit.
I'm curios to know because I also have some ICN. They did set up buy walls right and so I guess it could be true. Can you share the information where you got the data where 50% of the supply goes to the team? I would expect the price to go up when btc stables though. |
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operabit
Legendary
Offline
Activity: 1162
Merit: 1000
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March 02, 2017, 08:12:54 AM |
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Why is the price falling? I am hopeful.
Because bitcoin will go to the moon. |
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housebtc
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March 02, 2017, 08:45:24 AM |
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Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat
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AdobeWriter
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March 02, 2017, 09:05:39 AM |
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Price goes down doesn't mean project scam Don't worry, it will not dump to 0 because if when the platform launched, everything will change Yea, but these people will never get it. They probably think ICN is just another shitcoin you mine with a GPU. |
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DugiOtok
Newbie
Offline
Activity: 20
Merit: 0
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March 02, 2017, 09:06:20 AM |
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Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat
Don't forget that there is a 2nd application for an ETF with deadline on March 30th. So even if Bitcoin doesn't get its approval on 11th March, the rally might continue (probably after a small dip) for the 2nd one. I believe current market volume of Iconomi is too low and easily to be manipulated by whales or fuders. So imo right now the price is irrelevant to the quality of the product. We all saw the Beta video and everybody shared the same opinion: ICN team already did a f**king great job ! So right now the price doesn't bother me too much. (Even though we all prefer green numbers above red numbers  ) I hope that when the platform goes publicly live the ICN team will do some crazy marketing to get this golden product to the right people. Adding to another major exchange will also help increasing the volume distributing the ICN tokens from Whales to shrimps. |
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bittraffic
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March 02, 2017, 09:28:01 AM |
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Only few projects are immune to Bitcoin rally, when the uncertainty and speculation around Bitcoin ETF ends on March 11, I will expect the Altcoins market to find their feet. But if Bitcoin ETF is approved I think we will be picking up cheap ICN tokens at below 20ksat
Don't forget that there is a 2nd application for an ETF with deadline on March 30th. So even if Bitcoin doesn't get its approval on 11th March, the rally might continue (probably after a small dip) for the 2nd one. I believe current market volume of Iconomi is too low and easily to be manipulated by whales or fuders. So imo right now the price is irrelevant to the quality of the product. We all saw the Beta video and everybody shared the same opinion: ICN team already did a f**king great job ! So right now the price doesn't bother me too much. (Even though we all prefer green numbers above red numbers ) I hope that when the platform goes publicly live the ICN team will do some crazy marketing to get this golden product to the right people. Adding to another major exchange will also help increasing the volume distributing the ICN tokens from Whales to shrimps. There had been fudders since the start of ICN trying to bring the price below $0.18 but they are yet not successful and had not been so its still a good token. The price of ICN still is above ICO price, so its yet not going to be a less thing for holders if he dumps his right not to moves to btc. |
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