ICONOMI - Live for today. Invest for tomorrow.

[honolulumark]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

[1715234193]

1715234193

[1715234193]

1715234193

[Enjorlas]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

Where did you read that Q1 was a deadline for public release?

[honolulumark]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

Where did you read that Q1 was a deadline for public release?

It's end of Q1, they better come up with something.
They better be.

[BitBanksy]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

Where did you read that Q1 was a deadline for public release?

https://medium.com/iconominet/iconomi-index-fund-and-open-fund-management-platform-outline-will-be-released-on-28-december-ff9b428dccbe#.q9wqdbj5e Quotes:

Early access to ICONOMI.index fund will be given to the first public testers on 21 December, 2016

ICONOMI Open Fund Management Platform outline will visually come to life on 28 December, 2016

We would like to inform all interested fund managers that the ICONOMI Open Fund Management Platform will be ready earlier than planned.

Therefore, we are inviting them to start using the platform now in order to familiarise themselves with all the functions and to get up to speed with its development.

[CatWhisperer]

I'm trying to understand something about Iconomi,
What is the relationship between ICNX and the ICN traded on Bittrex? is it the same thing? if not, what does ICN give you ? does it have any relationship to the portfolio mentioned in the link below?

https://medium.com/iconominet/iconomi-cryptocurrencies-index-icnx-31-january-2017-rebalancing-cb2b63c8a197#.uvxqqp8kp

[Mendeleev]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

Where did you read that Q1 was a deadline for public release?

It's end of Q1, they better come up with something.
They better be.

No more winking gifs?

You used to be so optimistic 

[honolulumark]

Just reached $0.27

What the FUCK!?

I'm tired of seeing red, 11 days remaining till their deadline.

Where did you read that Q1 was a deadline for public release?

It's end of Q1, they better come up with something.
They better be.

No more winking gifs?

You used to be so optimistic 

I'm a helpless optimist, but I'm also a realist, and right now  I WANT TO SEE RESULTS!

[MysterE]

I will say there is a lack of concern as our money is in the pot not theirs.

Two scenarios :

They are slowly collecting up the weak tokens as the project is going well
and they expect a nice rise when the platform is finally released.

or

Another crypto 'make the devs rich' has successfully been implemented.

Half full, I think it is the former as if it was the later, I would have expected
a lot more promotion going on.

As crypto has only doubled my investment over the last couple of years,
I'm no expert but it was better than sticking it in the saving account

That's if the coins I hold don't crash, oh my god, what happened to BTC....

 

[MysterE]

Well if you count I lost 90% back in 2013 and now I'm double then
it looks like I've done better than double trading since the loss.

[misterbones]

Is ICN even legal in US ? If no how does melon and other similar projects deal with this problem ?

ICN is legal for everybody. Currently US citizens cannot buy Iconomi products on the platform (such as ICNX )

How anybody can expect for price to go up, if they can't even legally buy it, it bothers me greatly, although I think it is great because tokens are cheaper to buy for others who can xF

Please guys correct me if I am wrong.
I am taking this as reference: https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.cgjdntshe

  Worst Case:
0.85M$ earnings per 100M ICN == 0.0085$ per year per ICN return, If the current price is 0.3$, that makes amortization equal to 35 Years -> that is how long we will have to wait to get our money back (assuming no one would want to buy our tokens)

  Average Case:
63.75M$ per 100M ICN == 0.6375$ per year per ICN, full amortization -> ~6 Months

Average case seems little to optimistic for me.
That would explain a lot what investors are thinking, probably betting to see full 2x return from what they put into this after lets say 3 years, so maybe:

  Realistic scenario is:
10M$ per 100M ICN == 0.1$ is the fair price and that is what everybody is aiming at although as I strongly believe in this project, I think 0.2$ is not so bad to buy again from initial price level as I can wait 6 years to see sensible returns.

What might put ICN price above 0.1$ is that, if there would be some kind of PoS system, where you need to own let's say ~XX ICN to be able to own ICNX. I think you need to own some unknown amount of ICN to be able to buy ICNP for sure, but how much that I don't know, and can't find the exact number, can anybody help ?

would be watching this

[Nargil]

I am quite concerned with the lack of ability of ICN team to promote their product. I am one of top 100 holders, but not exactly too happy with the progress so far.

Sure, platform is not launched for the public, that's fine and I am eagerly waiting for that. But the lack of any kind of promo is terrible. If the team cannot promote the platform when it's 2 - 3 weeks (allegedly) from launch, I don't have high hopes about the promo after the launch. The final product may be amazing, but unless it attracts people, then it's fairly pointless.

Promo is simply lacking, but I will wait with the decision until the platform is released and maybe a few weeks after that.

So far, I am not happy. The lack of ability to create high expectations from the product is simply essential.

[Daparski]

I am quite concerned with the lack of ability of ICN team to promote their product. I am one of top 100 holders, but not exactly too happy with the progress so far.

Sure, platform is not launched for the public, that's fine and I am eagerly waiting for that. But the lack of any kind of promo is terrible. If the team cannot promote the platform when it's 2 - 3 weeks (allegedly) from launch, I don't have high hopes about the promo after the launch. The final product may be amazing, but unless it attracts people, then it's fairly pointless.

Promo is simply lacking, but I will wait with the decision until the platform is released and maybe a few weeks after that.

So far, I am not happy. The lack of ability to create high expectations from the product is simply essential.

I will try to translate:
I want the price to be pumped, just like it is for other alts in the last month

[Enjorlas]

That's a close translation Daparski. But I popped it into google translate and this is what I got: "I am upset that Iconomi didn't pump like everything else so I will blame it on the developers"

[honolulumark]

I am quite concerned with the lack of ability of ICN team to promote their product. I am one of top 100 holders, but not exactly too happy with the progress so far.

Sure, platform is not launched for the public, that's fine and I am eagerly waiting for that. But the lack of any kind of promo is terrible. If the team cannot promote the platform when it's 2 - 3 weeks (allegedly) from launch, I don't have high hopes about the promo after the launch. The final product may be amazing, but unless it attracts people, then it's fairly pointless.

Promo is simply lacking, but I will wait with the decision until the platform is released and maybe a few weeks after that.

So far, I am not happy. The lack of ability to create high expectations from the product is simply essential.

True dat, they have 11 days left to prove themselves.

I know it's a Hail Mary , but hope they can get their shit together and fix this shit.

[Daparski]

I am quite concerned with the lack of ability of ICN team to promote their product. I am one of top 100 holders, but not exactly too happy with the progress so far.

Sure, platform is not launched for the public, that's fine and I am eagerly waiting for that. But the lack of any kind of promo is terrible. If the team cannot promote the platform when it's 2 - 3 weeks (allegedly) from launch, I don't have high hopes about the promo after the launch. The final product may be amazing, but unless it attracts people, then it's fairly pointless.

Promo is simply lacking, but I will wait with the decision until the platform is released and maybe a few weeks after that.

So far, I am not happy. The lack of ability to create high expectations from the product is simply essential.

True dat, they have 11 days left to prove themselves.

I know it's a Hail Mary , but hope they can get their shit together and fix this shit.

What are you so upset about? Price or product?

[honolulumark]

I am quite concerned with the lack of ability of ICN team to promote their product. I am one of top 100 holders, but not exactly too happy with the progress so far.

Sure, platform is not launched for the public, that's fine and I am eagerly waiting for that. But the lack of any kind of promo is terrible. If the team cannot promote the platform when it's 2 - 3 weeks (allegedly) from launch, I don't have high hopes about the promo after the launch. The final product may be amazing, but unless it attracts people, then it's fairly pointless.

Promo is simply lacking, but I will wait with the decision until the platform is released and maybe a few weeks after that.

So far, I am not happy. The lack of ability to create high expectations from the product is simply essential.

True dat, they have 11 days left to prove themselves.

I know it's a Hail Mary , but hope they can get their shit together and fix this shit.

What are you so upset about? Price or product?

Yeah, what else? Everything boomed while this is bleeding.
What else would I be upset about?

[XbladeX]

***
I know it's a Hail Mary , but hope they can get their shit together and fix this shit.

We will see , i just want access to beta to see stuff on my own, but i don't see any invitation so far so i guess that Q1 dream is just dream .
I won't put here statement Q1 and "dead or alive" because in mails have not seen any info that they will start in Q1.
In mail there was no info about platform start.

From investor view is better that they run platform later and well tested, than month earlier and got hacked in next few weeks.
If you can't wait then sell now with profit and buy Tits  

****

Yeah, what else? Everything boomed while this is bleeding.
What else would I be upset about?

What you expect from ICO, like any ICO to shine it need time to deliver. ICONOMI is not delivered product it will be delivered in 2017.
ICONOMI haven't felt to much below ICO during BTC pumps if you are ICO investor you have all time chance to exit with profit like 2x in fiat.

ICN is not booming like Dash/ETH ? Hmm maybe because is not established on market for 3 years ?
If you go for product in deliver y status is hard to see another outcome like delayed price rise.
Once it will be working price will rise slowly. It will take months to move with it.
If you don't have patience dump ICN and go for Tits

[Nargil]

That's a close translation Daparski. But I popped it into google translate and this is what I got: "I am upset that Iconomi didn't pump like everything else so I will blame it on the developers"

Stop being militant defenders. Honestly, it's annoying. As I said, I am one of the top 100 holders, so you are not on the right address. And no idea who else to blame? Weather? Trump? My cats?

I don't want ICN to be pumped and become shit coin. However, we are 2 weeks before the release of platform and no promo has been done at all, no big investors buying, just some day trading going on on Kraken and a bit on Liqui. The platform will be useless, if nobody will even know about it. Meanwhile, there has been multiple new direct competitors of ICN, who already got more promo than ICN in its entire existence. So yes, I am concerned and I believe rightly so.

Release of the platform itself won't change anything. There has to be some promo. And by that I do not mean ICN to be added to Polo. That would be terrible at this point and Devs know that.

[XbladeX]

***we are 2 weeks before the release of platform and no promo has been done at all, no big investors buying, just some day trading going on on Kraken and a bit on Liqui. The platform will be useless, if nobody will even know about it. Meanwhile, there has been multiple new direct competitors of ICN, who already got more promo than ICN in its entire existence. ***

Where you get that in 2weeks they will start ?

About what promo you are talking about ?
(about competitor being faster i can say you that my exchanges were hacked bitcurex, cryptsy, mtgox, .exco.in, altcurex )
And for real stuff like that we will deliver faster is for me double edge argument,
in orther to do something you can do it:
A) fast (less time trade for security)
B) cheap (long time and low security)
C) good (long time and higher seciurity)

If you want run platform to manage big money which option you choose as CEO ?

PS:There is old triange Time<>Cost<>Quality / ICONOMI is going for high quality score, better price in future.

[Daparski]

That's a close translation Daparski. But I popped it into google translate and this is what I got: "I am upset that Iconomi didn't pump like everything else so I will blame it on the developers"

Stop being militant defenders. Honestly, it's annoying. As I said, I am one of the top 100 holders, so you are not on the right address. And no idea who else to blame? Weather? Trump? My cats?

I don't want ICN to be pumped and become shit coin. However, we are 2 weeks before the release of platform and no promo has been done at all, no big investors buying, just some day trading going on on Kraken and a bit on Liqui. The platform will be useless, if nobody will even know about it. Meanwhile, there has been multiple new direct competitors of ICN, who already got more promo than ICN in its entire existence. So yes, I am concerned and I believe rightly so.

Release of the platform itself won't change anything. There has to be some promo. And by that I do not mean ICN to be added to Polo. That would be terrible at this point and Devs know that.

Competitors have been pumped like the latest and greatest shitcoins on polo (potcoin, pascal). There is no one in the near future (1 year ahead) that will come with a basic functional platform.

So if you are worried price wise - say it out loud. For PR you need to have a working product.

You realize that it is the first platform, product (ICNX) and token of its kind ever, right?
And that platform needs to handle and secure funds and real money. It needs to show stats in near real time, to handle and execute buy/sell orders across multiply exchanges, to manage identities, few wallets and other things.

It was under development for less than 6 months.

I am not a militant defender at all. I agree that it's better to take another month or two and to release a well tested, secured and stable platform than something half baked.