isharci
Newbie
 Offline
Activity: 6
Merit: 0
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June 27, 2017, 03:34:34 AM |
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Buybacks are automated and continuous; they are capped at 20% of daily volume and are set below the market price to add support. The only way that the team could exploit the buyback feature would be for them to do large market sells while front-running bad news. I don't see them doing that any time soon.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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BioMoh
Member
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Activity: 103
Merit: 10
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June 27, 2017, 05:45:21 AM |
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anyone expect how long this correction in price period will last ?
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electronicash
Legendary
Offline
Activity: 3080
Merit: 1049
Eloncoin.org - Mars, here we come!
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June 27, 2017, 07:05:36 AM |
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too bad for those who bough at around $5, you will have to wait for weeks before it could ever move up again. i was read y to dump mine but suddenly thought of my plans to showcase my portfolio soon  besides we all are going to use ICN on the platform August 1 is just a month and the platform will be released. |
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happen or be a part of it"
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cleverhope
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June 27, 2017, 08:49:41 AM |
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anyone expect how long this correction in price period will last ?
Till BTC and ETH will go up again. Such hard situation in crypto last days depends only of BTC and ETH. |
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Daparski
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June 27, 2017, 11:59:12 AM |
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anyone expect how long this correction in price period will last ?
Till BTC and ETH will go up again. Such hard situation in crypto last days depends only of BTC and ETH. Hard situation?? Please zoom out to 3M/6M/1Y view. |
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nor9854
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June 27, 2017, 01:32:31 PM |
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It is always a good time to buy more when price fall because when you have such a good project, price will go up soon.
When it can hit $5 once? there is no reason it won't go there again.
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Daparski
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June 27, 2017, 02:18:23 PM |
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Can anybody explain what Jani meant here?
"Currently ICNP’s assets represents approximately 45% of ICONOMI’s total assets. This value is embedded in the ICN tokens."
Iconomi has assets for daily operations, and assets under management in ICNP. After the ICO, approximately 60% of ICO money was set for platform use (operational costs) and the rest seeded ICNP |
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trumpc2016
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June 27, 2017, 10:59:41 PM |
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Resistance is real. Old economy gonna die.
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beyinsi
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June 27, 2017, 11:07:45 PM |
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too bad for those who bough at around $5, you will have to wait for weeks before it could ever move up again. i was read y to dump mine but suddenly thought of my plans to showcase my portfolio soon besides we all are going to use ICN on the platform August 1 is just a month and the platform will be released. |
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trumpc2016
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June 27, 2017, 11:14:41 PM |
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$20 - and I am ICN millionaire.  |
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Sharma
Legendary
Offline
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
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June 27, 2017, 11:50:34 PM |
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$20 - and I am ICN millionaire. I will br millionaire if it reaches $10  I am holding till it reach $20 though which I hope is not too far |
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The Crypto Baron
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June 27, 2017, 11:55:17 PM |
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When the 13 million remaining ICN are released to the team won't there need to be a more transparent buyback procedure. If the team knows when buybacks will occur this will give them the ability to sell at an opportune time. I trust Tim, Jani, and the Devs will probably hold a majority of their tokens because they believe in the project as much as anyone else. This still creates a situation where if they were to unload a portion the inside information they have could give them an unfair advantage over the market. I also do not think they themselves would intentionally manipulate it but if say you knew you were going to sell % to cash out to bitcoin/eth/fiat and you knew when the next buyback occurred it would give an advantage.
Thoughts?
Disagree. It would be in their best interest to HODL until after buybacks AND to use the buybacks to inflate the price as much as possible. Good for us.  |
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timmyzhl
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June 28, 2017, 04:42:43 AM |
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In the market boom, when the peak and then sell my $ 10,000 coins, rather than the bottom of the time, when the panic
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FNetV1
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June 28, 2017, 06:27:57 AM
Last edit: June 28, 2017, 06:38:49 AM by FNetV1 |
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$20 - and I am ICN millionaire. I will br millionaire if it reaches $10 I am holding till it reach $20 though which I hope is not too far Thats a good idea, that way after uncle sam takes his million dollar off your 2 million earnings in taxes, you would be left with just a little over a million complete for yourself. (Based of a roughly 45% capital gains income tax UNLESS Donald Trump adjusts the highest tax bracket down to a 25% like I heard he wanted to do months ago). I say only exchange to BTC and pay with BTC for the things you want to buy, be it a house, a new Macbook pro, a Lamborghini, or whatever, that way you will be taxed much less and not necessarily at the highest tax bracket if within the year period your "earnings" wasn't enough to trigger onto the next tax bracket. |
~~Ad Space Available! PM: FNetV1 with your offers~~
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korman
Jr. Member
Offline
Activity: 59
Merit: 1
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June 28, 2017, 06:50:08 AM |
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I will also be millionaire with 1ICN = 20$, however I'll HODL past that point, because the potential is much higher  |
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sud
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June 28, 2017, 07:36:55 AM |
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Any info when the quarterly report will be availble?
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Daparski
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June 28, 2017, 08:38:24 AM |
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So, from 1th August everyone would be allowed to build his own funds, is this accurate? No. First public release will allow to buy/sell ICNX, as well as keep BTC,eth, CFI on the platform wallets. Probably we will see a fiat gateway soon as well. The user created DAAs are coming later this year |
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hubballi
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June 28, 2017, 08:56:28 AM |
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So, from 1th August everyone would be allowed to build his own funds, is this accurate? No. First public release will allow to buy/sell ICNX, as well as keep BTC,eth, CFI on the platform wallets. Probably we will see a fiat gateway soon as well. The user created DAAs are coming later this year So if wanted we can purchase from 1 August but through, crypto currency so it is a very good news , that is why the coin price has gone up 24% i was lucky to buy back my sold coins at 130k sat, now it is 170k sat. |
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