ICONOMI - Live for today. Invest for tomorrow.

[ShinyDiscoBalls]

Oh Okay. Im wrong about ICN being at ICNX. But still what purpose is ICN for ICNX?

Previous discussion does not explain the need of having two tokens i.e. ICN and ICNX. Wouldn't one be sufficient? I mean ICN could have acted like what ICNX is supposed to do.  Now the real profit would be given ICNX holders in terms of sharing profit from crypto trades.  Why was the need to have ICN then?

These quotes and others shows that Tim and others at ICONOMI still have some serious communications problems in getting their message across to the public.  These communications problems need to get addressed immediately if not sooner, and should be at or near the top of the priority list.  Are you listening, guys?

There's gaps in my own understanding which I would appreciate somebody correcting.  In particular, what's the difference between DAMP (digital assets management platform) and OFM (open funds management) platform?   Newer and older names for the same thing?  Not clear to me at all, I missed that memo...

Anyway, ICONOMI has three main projects under development at the same time.  First is ICONOMI.performance, which invests directly in new cryptocoin IPOs.  A second is ICONOMI.index, which calculates an average price among a basket of cryptocoins selected by ICONOMI itself, then tracks changes in that price.  Third is the DAMP/OFM platform, which will be a marketplace where anybody can set up and run their own index fund like ICONOMI.index, based on a different personal mix of coins, and then try to attract investors to their fund as a higher-profit effort.  

ICN is a share of ownership in all ICONOMI software and intellectual property, as well as a share of the fees and profits ICONOMI makes from ALL THREE of their main projects, and also from any other efforts they fund in the future (such as cofound.it).  ICNX is a share of just the index-rise profit made from ONLY ONE of these projects.

There will be times where the ICONOMI.index falls, ICNX suffers a loss, but ICONOMI as a whole will make profit on their other projects.  On that day you want to be holding ICN, not ICNX.      

Thanks for this detailed explanation.Will not cofound.it render ICONOMI.performance useless?
I mean why is ICONOMI creating so many identical projects.?

Because if you manage to bluff your way to Millions of USD worth of funding the first time, why not try to do it a second time?

Just throw in a lot of complicated mumbo jumbo and tell the idiot investors on here that it's for the best and score!!!

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[Mendeleev]

Because if you manage to bluff your way to Millions of USD worth of funding the first time, why not try to do it a second time?

Just throw in a lot of complicated mumbo jumbo and tell the idiot investors on here that it's for the best and score!!!

Prediction: This post will be deleted, along with mine for quoting it... despite there being absolutely nothing wrong with your opinion (regardless of whether you're correct or not)

[xtyling]

Iconomi ico investors already made x5 of initial amount invested. You are not making profits now so you blame the team ? You invested late and you want quick profit ?

You should have been investeing long ago at ico time so stop complaining because you want quick profits and you are not getting it now!

[xtyling]

So you are expert in investment fund now ?

The team made a move and I still follow their decision. They gave us 5x ICO profit. So they know what they are doing. Be patient and lets see how it goes

[garciaor2002]

Relax and sell...enjoy!

[Enjorlas]

I think it is safe to assume that Mendeleev and ShinyDiscoBalls are the same user behind the WarrenBuffet and CryptoInsiders attacks. These are known troll accounts people, don't take them seriously, and don't respond to them.

[Mendeleev]

I think it is safe to assume that Mendeleev and ShinyDiscoBalls are the same user behind the WarrenBuffet and CryptoInsiders attacks. These are known troll accounts people, don't take them seriously, and don't respond to them.

I have nothing to do with those people, nor do I have any association with ShinyDiscoBalls.

It's not safe to assume at all. If your logic is that negative posts must all come from the same person, or small group of people, then I could equally say "It's safe to assume that Enjorlas is Daparski" because you both post positive sentiments.

It's bizarre how some people's minds work here. Or don't work.

ShinyDiscoBalls might come across as a troll, but the things he's said are perfectly reasonable perspectives for a person to hold. We don't live in a world where everything is perfect and good, just because we happen to be a fan of it.

People around here initially come across as accepting alternate views, but they quickly double down when they get bored of pretending they can actually engage in a critical discussion.

It's both fascinating and tragic.

[Enjorlas]

Mendeleev or ShinyDiscoBalls are using a style of trolling known as Concern Trolling: a person who disingenuously expresses concern about an issue with the intention of undermining or derailing genuine discussion.

[Mendeleev]

Mendeleev or ShinyDiscoBalls are using a style of trolling known as Concern Trolling: a person who disingenuously expresses concern about an issue with the intention of undermining or derailing genuine discussion.

You clown.

So what have we learned?

Any bearish sentiment
Any scepticism
Any critical thought
Any negativity...

... MUST be concern trolling. That's the ONLY explanation.

So when Daparski was quite rightly asking important questions on Reddit, that was concern trolling too.

When the Slack users were sceptical about Cofound.it and asking questions... that was concern trolling.

You're an idiot.

I haven't even (publicly) mentioned any concerns recently, because it's pointless talking to you people. And anything that really goes against the grain gets deleted and called FUD.

So much easier to dismiss people as trolls though, isn't it?

See: https://en.wikipedia.org/wiki/Useful_idiot

[Daparski]

Mendeleev or ShinyDiscoBalls are using a style of trolling known as Concern Trolling: a person who disingenuously expresses concern about an issue with the intention of undermining or derailing genuine discussion.

You clown.

So what have we learned?

Any bearish sentiment
Any scepticism
Any critical thought
Any negativity...

... MUST be concern trolling. That's the ONLY explanation.

So when Daparski was quite rightly asking important questions on Reddit, that was concern trolling too.

When the Slack users were sceptical about Cofound.it and asking questions... that was concern trolling.

You're an idiot.

I haven't even (publicly) mentioned any concerns recently, because it's pointless talking to you people. And anything that really goes against the grain gets deleted and called FUD.

So much easier to dismiss people as trolls though, isn't it?

See: https://en.wikipedia.org/wiki/Useful_idiot

When I asked questions on Reddit, the questions were constructive and not FUD. Not something that can be said about the FUD attack that started 2 months ago.

I told you once, and I will say it again - you are more than welcome to start a discussion, a debate, write about your concerns, or to criticize.
Just keep the facts straight.

[loremipsum]

I think it is safe to assume that Mendeleev and ShinyDiscoBalls are the same user behind the WarrenBuffet and CryptoInsiders attacks. These are known troll accounts people, don't take them seriously, and don't respond to them.

ShinyDiscoBalls is definitely a troll with similar posts to WarrenBuffet. It becomes clearer if you look at the post history...

[Mendeleev]

When I asked questions on Reddit, the questions were constructive and not FUD. Not something that can be said about the FUD attack that started 2 months ago.

I told you once, and I will say it again - you are more than welcome to start a discussion, a debate, write about your concerns, or to criticize.
Just keep the facts straight.

What you're doing is using your own subjective viewpoint to determine what is and isn't FUD, then deleting based on that criteria. That would be fine, if you were an infallible, truly objective being. But you're not.

If I voice my concerns in the form of questions (leading or otherwise), that means people can give answers based on their own bias/hype/whatever, and my concerns aren't actually addressed. Just swept under the carpet, or justified with nonsense. What you're asking of me is to be a listener, and to not draw my own conclusions, or share my conclusions. The second I do that, and the conclusion is negative, you think it's FUD.

So it's fine for any discussion to lead to a positive conclusion, but you (and others) are not happy if a negative conclusion is reached.

You can deny that all you want, but it is evident in your actions.

This is all academic of course. I've moved my discussion to private messages, and I'm free to post my conclusions elsewhere. I understand that. This thread isn't the place for what I've tried to say.

But... I am not one of those trolls from 2 months ago. I've been more than reasonable.

That is all.

[Mendeleev]

Hey Daparski you fucking twat:

From the ICONOMI slack:


movecrypto [6:27 PM]
shinydiscoballs is going ham on BTT

movecrypto [6:31 PM]
his posts keep getting deleted, but I like his style

movecrypto [6:32 PM]
he basically yells at people and calls them a twat but makes some good points


CONSTRUCTIVE CRITICISM as you said.

You would be better heard without the craziness, but I like your style too.

I think.

[Enjorlas]

[nejchi31]

I dont know why you guys who are panicking for no strong reason and who sold your icn what are you still doing on this forum..just go already

[Xandan]

I dont know why you guys who are panicking for no strong reason and who sold your icn what are you still doing on this forum..just go already

This is just trap of big whales who want to make people panic sell to get more cheap tokens. If anybody not have these tokens than what he is doing into this topic this question is really interesting.

[xtyling]

I vouch myself to be 1 if needed

[ivanst776]

Relax and sell...enjoy!

I wouldn't rush, I just checked the exchange rate of iconomi on the exchanges that it currently listed and I can say that it is around twice as the ICO price which is not bad but I think that we have to wait (I think at least at 100k satoshis)

The price of 50-60k is pretty good as I remember few weeks ago the price was dumped to 20s which is twice or three times greater this time.

Is the Beta phase finished and is the Index available for us? (Even though I invested in the very first days)

[Daparski]

When I asked questions on Reddit, the questions were constructive and not FUD. Not something that can be said about the FUD attack that started 2 months ago.

I told you once, and I will say it again - you are more than welcome to start a discussion, a debate, write about your concerns, or to criticize.
Just keep the facts straight.

What you're doing is using your own subjective viewpoint to determine what is and isn't FUD, then deleting based on that criteria. That would be fine, if you were an infallible, truly objective being. But you're not.

If I voice my concerns in the form of questions (leading or otherwise), that means people can give answers based on their own bias/hype/whatever, and my concerns aren't actually addressed. Just swept under the carpet, or justified with nonsense. What you're asking of me is to be a listener, and to not draw my own conclusions, or share my conclusions. The second I do that, and the conclusion is negative, you think it's FUD.

So it's fine for any discussion to lead to a positive conclusion, but you (and others) are not happy if a negative conclusion is reached.

You can deny that all you want, but it is evident in your actions.

This is all academic of course. I've moved my discussion to private messages, and I'm free to post my conclusions elsewhere. I understand that. This thread isn't the place for what I've tried to say.

But... I am not one of those trolls from 2 months ago. I've been more than reasonable.

That is all.

I don't agree with you. A lot of your posts were pushing the limits, and I was asked from people to delete them, but I didn't.
The last batch of posts (from the weekend) were deleted because they contained FUD. FUD as wrong facts, such as "burning ICN tokens will benefit the devs and not ICN holders" and other similar stuff.

Personally I don't think that you have anything to do with the FUD group from few months ago, thus I invite you to engage in a discussion about the things that bother you about Iconomi.

[bolenath]

Very interesting project.. How, where can I buy some?