ICONOMI - Live for today. Invest for tomorrow.

[ajhodge7]

I love the optimism about pricing here...just read how one of the top 10 long-term bond ETFs has north of $1T AUM.  That is just one category of bonds (let alone short-term, government, treasuries...or equity growth, value, large-cap, mid-cap, blends, etc.)...meaning it may not even crack the top 100 ETFs with their AUM. 

Assuming ICNX can get close to the top 100 ETFs (in comparison to the old economy) we are looking at $1T under management.  3% annual is used to burn tokens.  That is about $82 million a day!  A freaking day!  Total market liquidity is not even $1 million on kraken exchange.  So just on burning ONE of their products you are looking at 82x the amount of market activity compared to what is currently happening.  One product... without even talking about ICNP, DAA, exchanges, etc.  That is insane.  Why would anybody think about selling at $5 or $10.  If you truly believe in Crypto, then ICONOMI is a no-brainer long-term hold. 

Let's start being investors instead of day traders.  Go day trade on eBoost or some other crap.  I use to be against ICONOMI bc of their PR, but they have come full circle.  They care about producing a solid product and you see them at the big conferences speaking with the big boys behind the curtains.  They aren't afraid to be in front of everybody.  Once the U.S.A. can get their security laws in line with Crypto, this shit will fly off the charts.  You will be looking at the $500+ range if that happens ($1 million daily liquidy, 82x that on ICNX alone if $1T AUM, meaning 100x price change minimum).

January 1st 2018 $10-20
January 1st 2019 $100-$250
January 1st 2020 $500+ 

BTW, anybody think Ardor is the next ETH?  Or does somebody have another long-term hold??

[clixcoin]

I love the optimism about pricing here...just read how one of the top 10 long-term bond ETFs has north of $1T AUM.  That is just one category of bonds (let alone short-term, government, treasuries...or equity growth, value, large-cap, mid-cap, blends, etc.)...meaning it may not even crack the top 100 ETFs with their AUM. 

Assuming ICNX can get close to the top 100 ETFs (in comparison to the old economy) we are looking at $1T under management.  3% annual is used to burn tokens.  That is about $82 million a day!  A freaking day!  Total market liquidity is not even $1 million on kraken exchange.  So just on burning ONE of their products you are looking at 82x the amount of market activity compared to what is currently happening.  One product... without even talking about ICNP, DAA, exchanges, etc.  That is insane.  Why would anybody think about selling at $5 or $10.  If you truly believe in Crypto, then ICONOMI is a no-brainer long-term hold. 

Let's start being investors instead of day traders.  Go day trade on eBoost or some other crap.  I use to be against ICONOMI bc of their PR, but they have come full circle.  They care about producing a solid product and you see them at the big conferences speaking with the big boys behind the curtains.  They aren't afraid to be in front of everybody.  Once the U.S.A. can get their security laws in line with Crypto, this shit will fly off the charts.  You will be looking at the $500+ range if that happens ($1 million daily liquidy, 82x that on ICNX alone if $1T AUM, meaning 100x price change minimum).

January 1st 2018 $10-20
January 1st 2019 $100-$250
January 1st 2020 $500+ 

BTW, anybody think Ardor is the next ETH?  Or does somebody have another long-term hold??

People who have plan to hold this coin for long term will be winner so that I'm agreed with you. This project potentially has chance to grow more rapidly in long term I also have plan to keep going on with this for 1 more year.

[ajhodge7]

I love the optimism about pricing here...just read how one of the top 10 long-term bond ETFs has north of $1T AUM.  That is just one category of bonds (let alone short-term, government, treasuries...or equity growth, value, large-cap, mid-cap, blends, etc.)...meaning it may not even crack the top 100 ETFs with their AUM. 

Assuming ICNX can get close to the top 100 ETFs (in comparison to the old economy) we are looking at $1T under management.  3% annual is used to burn tokens.  That is about $82 million a day!  A freaking day!  Total market liquidity is not even $1 million on kraken exchange.  So just on burning ONE of their products you are looking at 82x the amount of market activity compared to what is currently happening.  One product... without even talking about ICNP, DAA, exchanges, etc.  That is insane.  Why would anybody think about selling at $5 or $10.  If you truly believe in Crypto, then ICONOMI is a no-brainer long-term hold. 

Let's start being investors instead of day traders.  Go day trade on eBoost or some other crap.  I use to be against ICONOMI bc of their PR, but they have come full circle.  They care about producing a solid product and you see them at the big conferences speaking with the big boys behind the curtains.  They aren't afraid to be in front of everybody.  Once the U.S.A. can get their security laws in line with Crypto, this shit will fly off the charts.  You will be looking at the $500+ range if that happens ($1 million daily liquidy, 82x that on ICNX alone if $1T AUM, meaning 100x price change minimum).

January 1st 2018 $10-20
January 1st 2019 $100-$250
January 1st 2020 $500+ 

BTW, anybody think Ardor is the next ETH?  Or does somebody have another long-term hold??

People who have plan to hold this coin for long term will be winner so that I'm agreed with you. This project potentially has chance to grow more rapidly in long term I also have plan to keep going on with this for 1 more year.

What is your reasoning for only 1 more year?  I know when ICNX opens up to the masses it will attract >$1 billion AUM.  Just look at the top 8 currencies, all over $1B.  That is such a small sliver of the entire market ICNX will attract - I'm trying to be conservative with my numbers.  That means $7.5M worth of ICN burned every quarter, $82k per day.  Once U.S.A. security laws open up the market you will see institutional investors dive in with both feet and this would be a necessity in their portfolio...that is when you'll see ridiculous growth.  If U.S.A security laws don't bode well for ICN then you will still see >$1B AUM, meaning a $15 ICN price based on what the current crypto market cap is about $110B.  1% of that should be doable within a year.  $30 million burned (if AUM reach $1B) which will be about 10% of the current ICONOMI market cap, which is 6,880,000 ICN burned. 

So assuming the market cap of ICN stays at $380M and there is 87M ICN (which there is less I can probably assume), that gives you your current price at $4.36.  Every 1M ICN burned is $0.05 on the price, meaning 6.88M ICN burned is $0.34 on the price...(***assuming the market cap does not change!).  So once you factor $10M from ICNP, $30M ICNX, ???exchange, ???DAA, you are looking at $0.50 a quarter assuming the market cap does not change - which is impossible.  Once you factor market cap hitting $1B in a year, a conservative 15M ICN burned, you can expect a price of $14 ICN. 

That is 100% realistic.  If you factor in FOMO and crypto taking off then those numbers are very VERY conservative.  Long-term is greater than 1 year, not 1 year.  This is a strong hold...understand the entire crypto market barely cracks the top 50 of the S&P 500.

[cchub]

The decision they made to change from dividends to buyback program is probably the best decision they have ever made. Let's hope the platform launch before 1st august as It's still unclear whether bitcoin is going to survive after that date or not and that could have a bad effect on the platform.

Whatever happens on 1st August for the BTC, in my opinion it can only be beneficial for the platform and Iconomi.

I have no worries about it, but just curiosity !!!

Buybacks are equal to dividends under some assumptions. There are some financial papers that address this question. Congrats to Iconomi team for understanding it and saving some transaction costs.

[ajhodge7]

The decision they made to change from dividends to buyback program is probably the best decision they have ever made. Let's hope the platform launch before 1st august as It's still unclear whether bitcoin is going to survive after that date or not and that could have a bad effect on the platform.

Whatever happens on 1st August for the BTC, in my opinion it can only be beneficial for the platform and Iconomi.

I have no worries about it, but just curiosity !!!

Buybacks are equal to dividends under some assumptions. There are some financial papers that address this question. Congrats to Iconomi team for understanding it and saving some transaction costs.

It was done to comply with U.S.A. security laws. 

[Rankhor]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

[Jiddu]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

Yea, few hours ago I also couldn't use it properly. But now it's OK.
You deposited to a platform you didn't have access to yet?

[Hypolite]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

You were able to file ICT 2 months ago, while you just have access to the platform ?? Strange ....
For my part no worries nor bug on the platform, it works very well.
It has been 2 months since I have access to it and multiple operations.

[disconnectme]

I want ask if anyone knows the exact amount of ICN tokens that the team has bought and burnt so far from the profit accrued so far. The price seems to be on upward trend  now

[denking]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

You were able to file ICT 2 months ago, while you just have access to the platform ?? Strange ....
For my part no worries nor bug on the platform, it works very well.
It has been 2 months since I have access to it and multiple operations.

Same for me everythink work perfectly and i buy again icnx today

[inimitable777]

I want ask if anyone knows the exact amount of ICN tokens that the team has bought and burnt so far from the profit accrued so far. The price seems to be on upward trend  now

 The financial report for Q2 will contain all the details of buybacks made within Q2 and it will come soon.

[zahra4577]

Icn is my best investment so far.I am expecting price to go at $10 in August when platform is open also the doubt over bitcoin future will attract more people to diversify their investment and what could be better than ICONOMI?

[addicto]

I want ask if anyone knows the exact amount of ICN tokens that the team has bought and burnt so far from the profit accrued so far. The price seems to be on upward trend  now

 The financial report for Q2 will contain all the details of buybacks made within Q2 and it will come soon.

Q2 is about to finish but this is looking very professional and that is reflect on current price trend. I think it will continue to rise and at the end of this year it will pass $10 easily. Let's see what that report will bring and how much had been burnt.

[Daparski]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

You can buy/sell ICNX only after phone verification. If you are US citizen you won't be able since it is not offered to Americans.

[Rankhor]

I've just been granted early (full) access to iconomi.net yesterday, but the platform seems buggy, I cannot buy nor sell icnx and I don't see the icn I've deposited 2 months ago!
Anyone with the same issues?

You were able to file ICT 2 months ago, while you just have access to the platform ?? Strange ....
For my part no worries nor bug on the platform, it works very well.
It has been 2 months since I have access to it and multiple operations.

Same for me everythink work perfectly and i buy again icnx today

I was able to deposit my ICN but haven't access to the icnx buy and sell.

[spendawgs]

ICNX access received today! Finally getting to us smaller investors.

Really looking forward to the Q2 report to see how many burned

[AdobeWriter]

Yea, just about a week to July's AMA and the Q2 report. I hope they announce the beginning of another buyback. With these events closing in on ICN's calendar we probably won't see the price drop much lower than it currently is, so I guess that's going to be the last correction before the big jump that will likely come prior to the platform release.

[The Crypto Baron]

"Not selling ICN before $50" and ICNX front-running opportunities discussed in the "Crypto Investing 101 - How to Win" episode of the Crypto Times:

https://youtu.be/OqnIzhD4Aas

[denking]

"Not selling ICN before $50" and ICNX front-running opportunities discussed in the "Crypto Investing 101 - How to Win" episode of the Crypto Times:

https://youtu.be/OqnIzhD4Aas

I will sell some at 100$ not 50

[kalpit]

The decision they made to change from dividends to buyback program is probably the best decision they have ever made. Let's hope the platform launch before 1st august as It's still unclear whether bitcoin is going to survive after that date or not and that could have a bad effect on the platform.

It's not about survival of Bitcoin. Bitcoin will survive after fork. But I'm not sure if its price will go up or down.