ICONOMI - Live for today. Invest for tomorrow.

[EssentialWireless]

So, once again, there HAS to be ways for users to be able to exchange ICN -> BTC -> USD fiat for users who legitimately got their funds such as myself and all of us ICO/IPO investors.  I just find it hard to believe that its impossible for me to convert, say $1,000,000 worth of ICN to my bank account so that I can buy a half a million dollars house in a nice place and live happily ever after, so it would be a great idea to list all possible legal ways for us ICN investors to dispose of our funds so when the right time comes we know what to do and wont feel lost.                       Sounds like champaign problems to me mate, i have the same thing but i only hodl icn and btc (and a small amount of alts (as a collector of rare coins)) the people in the future will fix it by inventing someting like a whale trading club or someting like that. Im not that worried and dont need that much of money (its just sitting there on kraken) dont forget the world is heating up, the oceans are getting acidic and the old system failt to willing to fix that, the old must die for the new to rise to fix this or what ever peace out. Ow yea tokens i think are easyer to replace than cryptos if etherium fails to scale and bitcoin succeeds than i guess iconomi wil just go bitcoin token?

Well for the moment you can exchange ICN for USD on Kraken and then withdraw it to your bank account. If you are verified for Tier 4, you can get half million $ monthly, so you in 2 months you can get your nice house. Just remember to pay your taxes for this

Yes you are right, deposits originating from Kraken might not be seen as negative as the ones coming from Coinbase, and it is something that might work just fine, except that Kraken is not available to me because I am a New Yorker and Kraken closed my account years ago after Bitlicense and I was level 4 verified, now I can login to my Kraken account and it shows Level 0 verified with a message saying they doesn't service New York residents and blah blah blah.  I know I can fix this by moving to New Jersey or Pennsylvania or any other 49 States away from NY but that sucks!  It sucks having to think of abandoning NY just to be able to dispose of my cash, and even a $275,000 profits which is essentially my current ICN worth might not be enough to justify over 7 months of rent paying + utilities and everything else just too big of an overhead that will eat like 30+% of that gain at the end, it's like a huge tax on top of the tax I would have to pay.  There has to be a great way for us New Yorkers to dispose of these profits right here without having our bank accounts closed down.   Any ideas?   Sure if ICN prices goes IP to like $200+ each thn I would be a millionaire and then paying the overhead costs of becoming a New Jersey perma resident wouldn't seem that high afterall and who knows, instead of paying rent I might even buy a house at a nice place in NJ.

[sud]

So, once again, there HAS to be ways for users to be able to exchange ICN -> BTC -> USD fiat for users who legitimately got their funds such as myself and all of us ICO/IPO investors.  I just find it hard to believe that its impossible for me to convert, say $1,000,000 worth of ICN to my bank account so that I can buy a half a million dollars house in a nice place and live happily ever after, so it would be a great idea to list all possible legal ways for us ICN investors to dispose of our funds so when the right time comes we know what to do and wont feel lost.                       Sounds like champaign problems to me mate, i have the same thing but i only hodl icn and btc (and a small amount of alts (as a collector of rare coins)) the people in the future will fix it by inventing someting like a whale trading club or someting like that. Im not that worried and dont need that much of money (its just sitting there on kraken) dont forget the world is heating up, the oceans are getting acidic and the old system failt to willing to fix that, the old must die for the new to rise to fix this or what ever peace out. Ow yea tokens i think are easyer to replace than cryptos if etherium fails to scale and bitcoin succeeds than i guess iconomi wil just go bitcoin token?

Well for the moment you can exchange ICN for USD on Kraken and then withdraw it to your bank account. If you are verified for Tier 4, you can get half million $ monthly, so you in 2 months you can get your nice house. Just remember to pay your taxes for this

Yes you are right, deposits originating from Kraken might not be seen as negative as the ones coming from Coinbase, and it is something that might work just fine, except that Kraken is not available to me because I am a New Yorker and Kraken closed my account years ago after Bitlicense and I was level 4 verified, now I can login to my Kraken account and it shows Level 0 verified with a message saying they doesn't service New York residents and blah blah blah.  I know I can fix this by moving to New Jersey or Pennsylvania or any other 49 States away from NY but that sucks!  It sucks having to think of abandoning NY just to be able to dispose of my cash, and even a $275,000 profits which is essentially my current ICN worth might not be enough to justify over 7 months of rent paying + utilities and everything else just too big of an overhead that will eat like 30+% of that gain at the end, it's like a huge tax on top of the tax I would have to pay.  There has to be a great way for us New Yorkers to dispose of these profits right here without having our bank accounts closed down.   Any ideas?   Sure if ICN prices goes IP to like $200+ each thn I would be a millionaire and then paying the overhead costs of becoming a New Jersey perma resident wouldn't seem that high afterall and who knows, instead of paying rent I might even buy a house at a nice place in NJ.

Oops that sucks... What about other exchanges? It has to be some way to get that cash out in NYC god damnit!!!

[lofegs]

3 years from now: when you're still hodling ICN but you regret cashing-out so much for less than $50

Missed those kind of photos 

[MoveCrypto]

So, once again, there HAS to be ways for users to be able to exchange ICN -> BTC -> USD fiat for users who legitimately got their funds such as myself and all of us ICO/IPO investors.  I just find it hard to believe that its impossible for me to convert, say $1,000,000 worth of ICN to my bank account so that I can buy a half a million dollars house in a nice place and live happily ever after, so it would be a great idea to list all possible legal ways for us ICN investors to dispose of our funds so when the right time comes we know what to do and wont feel lost.                       Sounds like champaign problems to me mate, i have the same thing but i only hodl icn and btc (and a small amount of alts (as a collector of rare coins)) the people in the future will fix it by inventing someting like a whale trading club or someting like that. Im not that worried and dont need that much of money (its just sitting there on kraken) dont forget the world is heating up, the oceans are getting acidic and the old system failt to willing to fix that, the old must die for the new to rise to fix this or what ever peace out. Ow yea tokens i think are easyer to replace than cryptos if etherium fails to scale and bitcoin succeeds than i guess iconomi wil just go bitcoin token?

Well for the moment you can exchange ICN for USD on Kraken and then withdraw it to your bank account. If you are verified for Tier 4, you can get half million $ monthly, so you in 2 months you can get your nice house. Just remember to pay your taxes for this

Yes you are right, deposits originating from Kraken might not be seen as negative as the ones coming from Coinbase, and it is something that might work just fine, except that Kraken is not available to me because I am a New Yorker and Kraken closed my account years ago after Bitlicense and I was level 4 verified, now I can login to my Kraken account and it shows Level 0 verified with a message saying they doesn't service New York residents and blah blah blah.  I know I can fix this by moving to New Jersey or Pennsylvania or any other 49 States away from NY but that sucks!  It sucks having to think of abandoning NY just to be able to dispose of my cash, and even a $275,000 profits which is essentially my current ICN worth might not be enough to justify over 7 months of rent paying + utilities and everything else just too big of an overhead that will eat like 30+% of that gain at the end, it's like a huge tax on top of the tax I would have to pay.  There has to be a great way for us New Yorkers to dispose of these profits right here without having our bank accounts closed down.   Any ideas?   Sure if ICN prices goes IP to like $200+ each thn I would be a millionaire and then paying the overhead costs of becoming a New Jersey perma resident wouldn't seem that high afterall and who knows, instead of paying rent I might even buy a house at a nice place in NJ.

Damn!  I hope to have the same problem someday if my portfolio ever grows to become worth as much as yours.

My only advice would be: don't invest more of your precious crypto into fiat than you can afford to lose.

[RayX12]

Is the buy back quantity and times public information?  If so where? 

[EssentialWireless]

So, once again, there HAS to be ways for users to be able to exchange ICN -> BTC -> USD fiat for users who legitimately got their funds such as myself and all of us ICO/IPO investors.  I just find it hard to believe that its impossible for me to convert, say $1,000,000 worth of ICN to my bank account so that I can buy a half a million dollars house in a nice place and live happily ever after, so it would be a great idea to list all possible legal ways for us ICN investors to dispose of our funds so when the right time comes we know what to do and wont feel lost.                       Sounds like champaign problems to me mate, i have the same thing but i only hodl icn and btc (and a small amount of alts (as a collector of rare coins)) the people in the future will fix it by inventing someting like a whale trading club or someting like that. Im not that worried and dont need that much of money (its just sitting there on kraken) dont forget the world is heating up, the oceans are getting acidic and the old system failt to willing to fix that, the old must die for the new to rise to fix this or what ever peace out. Ow yea tokens i think are easyer to replace than cryptos if etherium fails to scale and bitcoin succeeds than i guess iconomi wil just go bitcoin token?

Well for the moment you can exchange ICN for USD on Kraken and then withdraw it to your bank account. If you are verified for Tier 4, you can get half million $ monthly, so you in 2 months you can get your nice house. Just remember to pay your taxes for this

Yes you are right, deposits originating from Kraken might not be seen as negative as the ones coming from Coinbase, and it is something that might work just fine, except that Kraken is not available to me because I am a New Yorker and Kraken closed my account years ago after Bitlicense and I was level 4 verified, now I can login to my Kraken account and it shows Level 0 verified with a message saying they doesn't service New York residents and blah blah blah.  I know I can fix this by moving to New Jersey or Pennsylvania or any other 49 States away from NY but that sucks!  It sucks having to think of abandoning NY just to be able to dispose of my cash, and even a $275,000 profits which is essentially my current ICN worth might not be enough to justify over 7 months of rent paying + utilities and everything else just too big of an overhead that will eat like 30+% of that gain at the end, it's like a huge tax on top of the tax I would have to pay.  There has to be a great way for us New Yorkers to dispose of these profits right here without having our bank accounts closed down.   Any ideas?   Sure if ICN prices goes IP to like $200+ each thn I would be a millionaire and then paying the overhead costs of becoming a New Jersey perma resident wouldn't seem that high afterall and who knows, instead of paying rent I might even buy a house at a nice place in NJ.

Oops that sucks... What about other exchanges? It has to be some way to get that cash out in NYC god damnit!!!

To the best of my knowledge the following exchange is available to me and all New Yorkers:

Bitstamp
Ripple Gateways well some of them I supposed
Of course Coinbase
I think Gemini
Can't think of anything else.

Out of all these, I think but am not too sure that Bitstamp supports bank transfers withdrawals, don't know if that option is available to New Yorkers but all I know is I can trade there and they have a BitLicense.  Now, Bitstamp is located offshore and if the bill passes in Congress then further restrictions might take place.

So at the moment I can only think of
Bitstamp anCoinbase as the only two exchanges that services New Yorkers and that allows bank withdrawals.

[Enjorlas]

Let's do some math. Think about Iconomi a year or two from now.

Say the ICNX grows to $1 billion in managed funds. And also say the ICNP grows to $200 million in managed funds. These are not far fetched estimates.

That right there is $70 million in buybacks per year.

And that doesn't factor in the entry/exit fees, the Cofound.it revenue, or DAMP fees which will be massive.

Let's just say i am hodling.

[Daparski]

My only advice would be: don't invest more of your precious crypto into fiat than you can afford to lose.

That should be pinned all around!
Very well said, my friend

[spendawgs]

My only advice would be: don't invest more of your precious crypto into fiat than you can afford to lose.

That should be pinned all around!
Very well said, my friend

Indeed, Move certainly knows his shiznit!

[jpoker272727]

My only advice would be: don't invest more of your precious crypto into fiat than you can afford to lose.

That should be pinned all around!
Very well said, my friend

I sold all my ICNs unfortunately, and that at the price of 60k and when I checked today the price I was surprised.

ICN has been increased a lot since last time I checked the price, but I was very afraid that I would lose the money and waste the months that I waited for the ideal price to come which I sold at 2x which I was very satisfied but price jumped to 8x now.

[rangedriver]

38.2% right on the nose.

[c789]

38.2% right on the nose.

Did you predict this or something? You've made a few really, really good calls before...just wondering.

[rangedriver]

38.2% right on the nose.

Did you predict this or something? You've made a few really, really good calls before...just wondering.

Not so much a prediction... just an observation regarding retraction.

If the boundary holds (and it should do) then the current bull run is likely to continue upward for quite some time.

[p4xil]

get out while you can! ... fill my buy orders @ 0.001 please

[DRaGoN RaNTaRo]

I sold all my ICNs unfortunately, and that at the price of 60k and when I checked today the price I was surprised.

ICN has been increased a lot since last time I checked the price

This is a case with most of the individuals here,most of the early investors might have sold the coin when we had a decent profit from the price we invested and that was the case with me too,i sold some coins around 0.0003 btc and purchased once again and then sold off everything on reaching 0.00045 btc and after that i did not have the confidence to enter once again and the train left the station.

[estenity]

I sold all my ICNs unfortunately, and that at the price of 60k and when I checked today the price I was surprised.

ICN has been increased a lot since last time I checked the price

This is a case with most of the individuals here,most of the early investors might have sold the coin when we had a decent profit from the price we invested and that was the case with me too,i sold some coins around 0.0003 btc and purchased once again and then sold off everything on reaching 0.00045 btc and after that i did not have the confidence to enter once again and the train left the station.

rather bumpy ride here, even without any news, but often with fud
so i am not surprised...

[jpoker272727]

I sold all my ICNs unfortunately, and that at the price of 60k and when I checked today the price I was surprised.

ICN has been increased a lot since last time I checked the price

This is a case with most of the individuals here,most of the early investors might have sold the coin when we had a decent profit from the price we invested and that was the case with me too,i sold some coins around 0.0003 btc and purchased once again and then sold off everything on reaching 0.00045 btc and after that i did not have the confidence to enter once again and the train left the station.

I was afraid of the huge loss because at that time ICN was really unstable and I was a bit tired waiting for the price to go up.

At the other side there were no news from the ICN team any progress or anything else that could make the early investors stay a little bit longer.

The price currently is really high and I think is just a pump rather the real value of ICN.

[sud]

I sold all my ICNs unfortunately, and that at the price of 60k and when I checked today the price I was surprised.

ICN has been increased a lot since last time I checked the price

This is a case with most of the individuals here,most of the early investors might have sold the coin when we had a decent profit from the price we invested and that was the case with me too,i sold some coins around 0.0003 btc and purchased once again and then sold off everything on reaching 0.00045 btc and after that i did not have the confidence to enter once again and the train left the station.

I was buying and selling earlier few times with all the fud and lack of communication from devs. Then I entered on your selling point (0.00044) and didn't look back. It's just life of crypto trader, sometimes you win, sometimes you loose.

The price currently is really high and I think is just a pump rather the real value of ICN.

The real value of ICN will be much higher once the platform will go public.

[welshminer]

The price currently is really high and I think is just a pump rather the real value of ICN.

With all those great projects Iconomi invested in... if at least some of them deliver a working product, ICNP alone can have a billion market cap.

“If you wait by the river long enough, the bodies of your enemies will float by.”

― Sun Tzu

[btcunbranded]

The price currently is really high and I think is just a pump rather the real value of ICN.

With all those great projects Iconomi invested in... if at least some of them deliver a working product, ICNP alone can have a billion market cap.

“If you wait by the river long enough, the bodies of your enemies will float by.”

― Sun Tzu

Not forgetting ICNX value, this IS going to be Huge!!!