ICONOMI - Live for today. Invest for tomorrow.

[outbox vision]

I am holding! I will sell only if ICN reaches 10$

I don't believe it ever will, but even if why would you sell at all ? If ICN was so high, it would be for a reason, for example because would pay good dividends from fees.


Let's make calculations for ICN to reach 10$, what investment volume would it need.

For pessimistic scenario where total fund performance is 0% or negative, that would require an annual volume of: (https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.i283sh6r2)

(X*0.01)/100M ICN = 10$;
X = (10*100M)/0.01 = 100 KKK$

If investors are expecting 100% ROI after 3 years that would require 33.(3)KKK annual investment volume.
For comparison total cryptocurrency market Cap: $23KKK (https://coinmarketcap.com/)

So investment volume would have to reach ~1.4x what all cryptos all worth right now.

So yeah we will not see this happening any time soon.

There is one fatal miscalculation on your part. You assume markets behave rationally.

It is already irrational original investors paid 0.07$ on average per 1 ICN, so that is 4.2x current price.
For comparison initial btc price in 2010 was 0.08$, but btc has 4x lower number of coins + it is useful.

is there anything rational about the growth dash had ? or etherium for that matter ? i'm sure people said the same about ETH in ico and look at the price today. Do that forget the very niche we are in, it requires shit loads of capital, consider 500-1000 funds on the platform and do the math, when OFM will come things will change. As you may know we can't even invest in a hedge fund today, in order to do that we need to be accredited investors that means we must have 1mil $ to invest and to have made 300k $ / year for 3 years in a row, only then our money can be accepted, OFM is gonna change all that non-sense.

[Daparski]

I am holding! I will sell only if ICN reaches 10$

....

There is one fatal miscalculation on your part. You assume markets behave rationally.

It is already irrational original investors paid 0.07$ on average per 1 ICN, so that is 4.2x current price.
For comparison initial btc price in 2010 was 0.08$, but btc has 4x lower number of coins + it is useful.

ICO price was 012-013 USD

Current price is not irrational, it represents the support and belief that Iconomi will meet the goal they've set.

Like it was written above, going from 15 to 100 USD in a month without any breakthrough (DASH) is irrational and pump.

When Iconomi will deliver a working OFM platform, and people outside crypto will start buying into different funds, we may see a similar pump.
Traditional and conservative investors and fund managers (the same guys that manage way way more money than the entire crypto combined) will not jump on board in the first 2-4 years, regardless of Iconomi success. These folks need to see historical data and analysis before they decide.
But once they decide to hop on (if they do), we're talking about serious amounts of money, 6 figures minimum.

So I agree - you are either a trader or an investor. If you are an investor, the current price means nothing. What should matter is the product, its quality and the general direction and decisions the team makes.

[Daparski]

I am holding! I will sell only if ICN reaches 10$

....

There is one fatal miscalculation on your part. You assume markets behave rationally.

It is already irrational original investors paid 0.07$ on average per 1 ICN, so that is 4.2x current price.
For comparison initial btc price in 2010 was 0.08$, but btc has 4x lower number of coins + it is useful.

ICO price was 012-013 USD

Current price is not irrational, it represents the support and belief that Iconomi will meet the goal they've set.

Like it was written above, going from 15 to 100 USD in a month without any breakthrough (DASH) is irrational and pump.

When Iconomi will deliver a working OFM platform, and people outside crypto will start buying into different funds, we may see a similar pump.
Traditional and conservative investors and fund managers (the same guys that manage way way more money than the entire crypto combined) will not jump on board in the first 2-4 years, regardless of Iconomi success. These folks need to see historical data and analysis before they decide.
But once they decide to hop on (if they do), we're talking about serious amounts of money, 6 figures minimum.

So I agree - you are either a trader or an investor. If you are an investor, the current price means nothing. What should matter is the product, its quality and the general direction and decisions the team makes.

You are right, to be precise: http://www.financemagnates.com/cryptocurrency/trading/169358/
They raised 10.3M$ lets divide it by 87M coins

That gives us: 10.3M$/87M = 0.1149$ to be precise


Current price 0.3$/0.1149$ = 2.61x gain for original holders. Maybe it is not insane gain, but only if ICN is not going to be abandoned and treated as liability by devs.

My point is if they stated that you need  1k or 5k ICN to be allowed to hold INCP than that could made proce go to 10$ easily

You should always divide by 100M when calculating dividends

[Zaducis]

Did the ICONOMI team invest in Melon? There are plans at the expense of the Cosmos or Matchpool.

[Daparski]

Did the ICONOMI team invest in Melon? There are plans at the expense of the Cosmos or Matchpool.

No, they did not invest in Melon. Smart decision

[beyinsi]

what do u think about taas guys? does it work?

[amrutrk]

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/
 

Please people don't promote ICN at all, the last thing we want is to create a pump. The lower the price is, the better it is for us, so we can buy more.

If we know the price is going to be up, it is stupid to inform everybody around about it rather than quietly buy for ourselves. And then I read in the comments that someone missed 0.27$ and it is now 0.29$ ... 

 

Exactly, pls don't promote it on other forums/blogs as of now.
Let the Fuddlers sell it and we'll buy it.
If we 100 guys together start accumulating whatever we can on a daily or weekly basis some coins, slowly but surely, Fuddlers will start feeling the pinch of not doing these FUDS ;-)

Don't throw away your ICN's guys, it's precious, I have 3000 ICN's now and if 100 guys like me in here buy 3000 coins each for lifetime, then it's 300K Coins poof out of the market!! and thats a lot believe me guys.. Keep buying and my message to fuddlers, bring those coins on you guys, I'm ready to buy it :-)

Amrut!

[puremage111]

You are right, to be precise: http://www.financemagnates.com/cryptocurrency/trading/169358/
They raised 10.3M$ lets divide it by 87M coins

That gives us: 10.3M$/87M = 0.1149$ to be precise


Current price 0.3$/0.1149$ = 2.61x gain for original holders. Maybe it is not insane gain, but only if ICN is not going to be abandoned and treated as liability by devs.

My point is if they stated that you need  1k or 5k ICN to be allowed to hold INCP than that could made price go to 10$ easily, but otherwise I don't see it. Only PoS we have right now is that you need to own 42 ICN to receive any dividends from it.

Based on the bold point, ICN is not really an insane gain compare to most other Ico. And followed by what the poster mentioned if ICN is treated as liability by devs and is not going to abandoned, we can expect the price to rise up but to reach $10 for one iconomi, it takes time

[xtyling]

You are right, to be precise: http://www.financemagnates.com/cryptocurrency/trading/169358/
They raised 10.3M$ lets divide it by 87M coins

That gives us: 10.3M$/87M = 0.1149$ to be precise


Current price 0.3$/0.1149$ = 2.61x gain for original holders. Maybe it is not insane gain, but only if ICN is not going to be abandoned and treated as liability by devs.

My point is if they stated that you need  1k or 5k ICN to be allowed to hold INCP than that could made price go to 10$ easily, but otherwise I don't see it. Only PoS we have right now is that you need to own 42 ICN to receive any dividends from it.

Based on the bold point, ICN is not really an insane gain compare to most other Ico. And followed by what the poster mentioned if ICN is treated as liability by devs and is not going to abandoned, we can expect the price to rise up but to reach $10 for one iconomi, it takes time

A feasible price estimate is
$1-2 in next 6 months
$3-4 in next 2 years
$10+in next 3 years

Still I can wait for that! 😂

[Mi]

Nice Video.

iconomi explained - The first digital Index funds await...

https://m.youtube.com/watch?v=i9DiHtANSwE

[dragonchopper9]

You are right, to be precise: http://www.financemagnates.com/cryptocurrency/trading/169358/
They raised 10.3M$ lets divide it by 87M coins

That gives us: 10.3M$/87M = 0.1149$ to be precise


Current price 0.3$/0.1149$ = 2.61x gain for original holders. Maybe it is not insane gain, but only if ICN is not going to be abandoned and treated as liability by devs.

My point is if they stated that you need  1k or 5k ICN to be allowed to hold INCP than that could made price go to 10$ easily, but otherwise I don't see it. Only PoS we have right now is that you need to own 42 ICN to receive any dividends from it.

Based on the bold point, ICN is not really an insane gain compare to most other Ico. And followed by what the poster mentioned if ICN is treated as liability by devs and is not going to abandoned, we can expect the price to rise up but to reach $10 for one iconomi, it takes time

A feasible price estimate is
$1-2 in next 6 months
$3-4 in next 2 years
$10+in next 3 years

Still I can wait for that! 😂

It looks real. I do not think that it will be difficult to fulfill these goals.

[CityStreet]

Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/
 

That's actually a cool article you posted. It sums up the current state of affairs:

Despite the fact that that ICN -0.15% got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away.

Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN -0.15% is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN -0.15% , ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management )

This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN -0.15% would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY.

Of course what is written is correct and fair. True.
The project will gain broader interest of investment and retail community when it will start generating REVENUES for stakeholders.
Period. When REVENUES will gradually rise, everything else will come along as things evolve (OPM, dividends ... ).

That's it.

[tommy163]

what do u think about taas guys? does it work?

TaaS is different from Iconomi, they are not the same project, I think Iconomi is better, but TaaS may raise much money too, but not better than Iconomi.

[Angel Di]

Who can tell whether the coin outlet is planned for Poloniex exchange?

[p4xil]

ICONOMI update in 2 days. Buy ICN while still cheap.

[fennyllywof-7700]

When Polo?

[MoveCrypto]

ICONOMI update in 2 days. Buy ICN while still cheap.

[kointrend]

Hello 3!

[Mendeleev]

ICONOMI update in 2 days. Buy ICN while still cheap.

I think this shows it is unlikely the platform will be open to the general public in Q1.

I'm not complaining, but we're still on controlled release with only 11 days to go. So hopefully people will stop this Q1 hype!

People will dump on 31st. People who want to outsmart them will dump on the 30th. Either way, this Q1 rumour will cause a dump now, in my opinion.

My advice is: don't be disappointed if there's no release soon. HODL!   (unless you need to buy a car, of course)

[loremipsum]

ICONOMI update in 2 days. Buy ICN while still cheap.

I have even bigger news, you can invest in ICNP already ! 100 ICN == 1 ICNP
From what I understand there might be only 1 000 000 ICNP in existence.

Where does this information come from? Who is stijn36? If this is true, this is HUGE!