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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 559403 times)
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Enjorlas
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April 07, 2017, 04:36:47 AM
 #3341

Mendeleev, I know you are a troll but at least troll in a coherent manner so we can properly communicate with you.

Buybacks:
- Defer capital gain taxes until the asset is sold
- Add liquidity to ICN rather than to ETH
- Remove legal implications that dividends might cause
- Add buy walls to the order book providing price support
- Eliminate the possibility of sending ETH to lost/unused/exchange addresses

Dividends:
- ETH gas fees would be slightly cheaper than maker/taker fees on exchanges
- Dividends are a more commonly known model of profit distribution which would generate more hype from new traders
- The dividend model was promised early on to ICONOMI investors

Yes, I saw you post this non-argument a few pages ago.

As I say, I'll wait for the team to officially respond to the concerns that have been posted by myself, and by others.

If they can prove to us that our arguments don't hold up, then I will happily eat crow.

People like you, and MoveCrpyto, are adding nothing but fanboy nonsense, because you can't construct a decent counter-argument, and are fuelled purely by an emotional attachment to a project that is currently under immense scrutiny - and you have no idea how to deal with it.

I hope these may be able to help:
http://www.wikihow.com/Have-a-Good-Argument
http://study.com/academy/lesson/what-is-logic-definition-examples-quiz.html
https://en.wikipedia.org/wiki/Philosophy

And if you really feel up to it possibly:
http://www.butte.edu/departments/cas/tipsheets/thinking/reasoning.html

Sorry, but you keep referring to what you are saying as an argument and I don't know what the fuck you are talking about.

This may be the most helpful:
http://www.jimpryor.net/teaching/vocab/argument.html

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April 07, 2017, 04:42:51 AM
 #3342

Again, personal attacks because I pointed out that your dividends vs. buyback argument is baseless for one simple reason:

The same amount of profit gets distributed to ICN holders either way.  It's the profit itself that gives ICN value, not the distribution mechanism.

I believe I have correctly assessed that you are incapable of addressing the points that have been made.

If you wish to take that personally, so be it.

I already addressed them but you go around in circles and put the focus on me to try to distract from this simple fact:

It's the profit itself that gives ICN tokens value, not the distribution mechanism.

And I explained why that won't work the way you seem to think it will.

Profit via dividends = obvious token of value
Theoretical profit via buyback when we potentially hold no rights/perks = a whole lot of variables/concerns which you can't address

Again, please pass this on to the team. I've saved the page, in case anybody deletes any part of the discussion.

It's been an interesting discussion, though, and I hope to see an official word which will clear up the things we've discussed here.
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April 07, 2017, 04:43:35 AM
 #3343

Sorry, but you keep referring to what you are saying as an argument and I don't know what the fuck you are talking about.

Sounds more like a YOU problem, to me.

Perhaps you're just not very bright?
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April 07, 2017, 04:52:44 AM
 #3344

Again, personal attacks because I pointed out that your dividends vs. buyback argument is baseless for one simple reason:

The same amount of profit gets distributed to ICN holders either way.  It's the profit itself that gives ICN value, not the distribution mechanism.

I believe I have correctly assessed that you are incapable of addressing the points that have been made.

If you wish to take that personally, so be it.

I already addressed them but you go around in circles and put the focus on me to try to distract from this simple fact:

It's the profit itself that gives ICN tokens value, not the distribution mechanism.

And I explained why that won't work the way you seem to think it will.

Profit via buybacks = obvious token of value
Theoretical profit via dividends when we potentially hold no rights/perks = a whole lot of variables/concerns which you can't address

Again, please pass this on to the team. I've saved the page, in case anybody deletes any part of the discussion.

It's been an interesting discussion, though, and I hope to see an official word which will clear up the things we've discussed here.

It's the same amount of profit distributed either way.  The biggest difference is a psychological/marketing change that could effect the price of the tokens themselves.

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April 07, 2017, 04:55:48 AM
 #3345

Iconomi is getting listed on Shapeshift soon.

Seems to be a good move as soon as it added to most of the good exchange, it will has a good price rising

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April 07, 2017, 04:58:16 AM
 #3346

It's the same amount of profit distributed either way.  The biggest difference is a psychological/marketing change that could effect the price of the tokens themselves.

Oh look, you switched the words again. How clever.

Again, I look forward to an official response from the team.

I can't wait.
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April 07, 2017, 05:18:10 AM
 #3347

Shapeshift integration on platform confirmed

https://www.reddit.com/r/ICONOMI/comments/63wer7/icn_on_shapeshift/dfxusc3/
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April 07, 2017, 05:23:25 AM
Last edit: April 07, 2017, 05:40:31 AM by stormia
 #3348

Again, personal attacks because I pointed out that your dividends vs. buyback argument is baseless for one simple reason:

The same amount of profit gets distributed to ICN holders either way.  It's the profit itself that gives ICN value, not the distribution mechanism.

I believe I have correctly assessed that you are incapable of addressing the points that have been made.

If you wish to take that personally, so be it.

I already addressed them but you go around in circles and put the focus on me to try to distract from this simple fact:

It's the profit itself that gives ICN tokens value, not the distribution mechanism.

And I explained why that won't work the way you seem to think it will.

Profit via dividends = obvious token of value
Theoretical profit via buyback when we potentially hold no rights/perks = a whole lot of variables/concerns which you can't address

Again, please pass this on to the team. I've saved the page, in case anybody deletes any part of the discussion.

It's been an interesting discussion, though, and I hope to see an official word which will clear up the things we've discussed here.

How are the profits from dividends any less "theoretical" than profits from the buybacks?

They could suddenly choose not to send out dividends in the same exact fashion they could suddenly choose to not perform the buybacks. The dividends were never going to be fully automated, it's not possible. Neither system is trustless. The same risks apply, in both situations you have to trust the team to do what they say.

If you're concerned about market fluctuations affecting the amount of profit realized (in terms of fiat or BTC) by the individual with buybacks, the same concerns apply to dividends. The ETH market could crash right after they buy up the ETH and send it out as dividends in the same manner the ICN market could crash right when you go to sell the fraction of your ICN holdings needed to realize profit from the burn.
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April 07, 2017, 05:29:05 AM
 #3349



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of
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April 07, 2017, 05:37:08 AM
 #3350



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of

Yes it is confirmed on slack too.

We mooning, get ready and be in for the ship!
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April 07, 2017, 05:58:33 AM
 #3351



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of

Yes it is confirmed on slack too.

We mooning, get ready and be in for the ship!

after Announce from shapeshift than Iconomi will be coming on Bittrex or polo SooN
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April 07, 2017, 06:44:03 AM
 #3352

Nobody gives a damn what you think 435613422 you are a nameless, reputationless, sockpuppet account made for the sole purpose of trolling and shilling. You've been around since 2013 but you have 4 posts amd 3 activity lmao. Take your fake account and fake concern elsewhere or come back with your real account if you want to be treated like a real person with sincere concerns.
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April 07, 2017, 07:34:33 AM
Last edit: April 07, 2017, 09:28:59 AM by Daparski
 #3353

Again, personal attacks because I pointed out that your dividends vs. buyback argument is baseless for one simple reason:

The same amount of profit gets distributed to ICN holders either way.  It's the profit itself that gives ICN value, not the distribution mechanism.

I believe I have correctly assessed that you are incapable of addressing the points that have been made.

If you wish to take that personally, so be it.

I already addressed them but you go around in circles and put the focus on me to try to distract from this simple fact:

It's the profit itself that gives ICN tokens value, not the distribution mechanism.

Uncle Mendeleev works hard, but seems like circling around.
ICN value will always be based on  usage of the platform services. Currently these services are ICNP 10M USD going into ICOs, ICNX, and the DAMP later on this year.
That's the value. The more value Iconomi has, the more profits it will generate.
The price is a combination of the value, future expectations and speculations.

Most "arguments" that add to that are just a noise. If the product is not good, people will not use it. If people won't use the product, the company will be worthless.

That goes for every company, whether it has shares, stocks, apptokens, pays dividends or does periodical buybacks.
Take Facebook, Skype, Twitter or any other successful company as an example. Most of them don't even pay dividends, Skype was loosing money for a long time before acquired by MS.
Why would Microsoft pay a lot of money to buy a company that is in the red? One single reason - its userbase.

The same fundamental reason applies for every company and service provider - if the service you are building will be used by people, you, as a company will succeed.
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April 07, 2017, 07:35:38 AM
 #3354

I can't believe FUD has so much effect. 10% down in 24hrs just from fudding! Are people so easily affected? This is crypto, you should have been prepared for that.
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April 07, 2017, 07:52:04 AM
 #3355

I can't believe FUD has so much effect. 10% down in 24hrs just from fudding! Are people so easily affected? This is crypto, you should have been prepared for that.

correlation =/= causation

81 of the top 100 market cap are red % 24h btc right now.

People sell because they want to take profit, need liquidity, or simply because BTC goes up and they know they can sell then buy back cheaper.

People think their fud drops the price, when really it has no effect except maybe to spread a bad reputation for Iconomi and repel some new investors/users.

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https://komodoplatform.com/
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April 07, 2017, 08:14:55 AM
 #3356



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool


Great to see another major exchange adding support for ICN.  Cheesy
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April 07, 2017, 09:03:56 AM
 #3357



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of
Iconomi moving in the right direction. Very soon we can see fly to the moon Wink
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April 07, 2017, 10:48:20 AM
 #3358



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of

Yes it is confirmed on slack too.

We mooning, get ready and be in for the ship!
What of the benefits of integrating platform with shapeshift?I do not think it will have any positive effect on ICN price.
The real positive effect will happen when platform is open for ICO holders.

.
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April 07, 2017, 10:56:40 AM
 #3359

Uncle Mendeleev works hard, but seems like circling around.

Haha. Cheeky Daparski.

Uncle Mendeleev failed  Sad

I get too excited.

People think their fud drops the price, when really it has no effect except maybe to spread a bad reputation for Iconomi and repel some new investors/users.

I agree that it likely has no effect on the price.
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April 07, 2017, 11:03:51 AM
 #3360



Iconomi Coming To Shapeshift just got a screen shot from shapshift  Cool

http://prntscr.com/etg4of

Yes it is confirmed on slack too.

We mooning, get ready and be in for the ship!
What of the benefits of integrating platform with shapeshift?I do not think it will have any positive effect on ICN price.
The real positive effect will happen when platform is open for ICO holders.

Well, the effect isn't huge but still,its still a positive one.
Now, it allows user to swap their other alt to Iconomi so there's no more needed to register on kraken, kyc verification and deposit only Bitcoin to purchase Smiley

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