Aki4real
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August 28, 2017, 02:18:32 PM |
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Current price is not an accurate reflection of ICN worth imo.
The only thing they need to elaborate on, are the token use-cases. When market returns to normalcy, I see this token touching 8-10$ (by february 2018)
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bagera
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August 28, 2017, 03:18:16 PM |
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I look forward to September and the end of the year. It is unclear whether to buy BLX or not.
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Daparski
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August 28, 2017, 03:44:58 PM |
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I just want to confirm before buying ICONOMI coin in the market, are they paying dividends to holders on every three months.If not means it is going to be the waste one to buy this coin and holding for the long haul.
It's better than dividens... 20% of all money that it's going into platform will be used to buy ICN, so Iconomi will have constantly demand from their platform Do they keep updating the details of what has been brought back? I mean where can I see the buyback of ICN and the tokens being burned after that? Have they any kind of video? or link to show the status? You can see it on the blockchain: https://etherscan.io/address/0x0006157838d5a6b33ab66588a6a693a57c869999
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niksdt101
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August 28, 2017, 07:52:30 PM |
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why the amount to withdraw ICN from the ICONOMI site is 10% of the withdraw amount?? it pretty huge i guess...@team??
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sud
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August 28, 2017, 08:01:22 PM |
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why the amount to withdraw ICN from the ICONOMI site is 10% of the withdraw amount?? it pretty huge i guess...@team??
Do you mean the fee?
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B!gSmoke
Sr. Member
Offline
Activity: 514
Merit: 353
Respect has to be earned, just like money!
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August 28, 2017, 08:58:33 PM |
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Bottom?
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Motivator
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August 28, 2017, 09:03:47 PM |
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Bottom?
We're gonna drop to $2. Clench your ass cheeks, It's gonna be a bumpy ride! We don't want no shit squirting out.
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RayX12
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August 28, 2017, 09:47:40 PM |
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I just want to confirm before buying ICONOMI coin in the market, are they paying dividends to holders on every three months.If not means it is going to be the waste one to buy this coin and holding for the long haul.
It's better than dividens... 20% of all money that it's going into platform will be used to buy ICN, so Iconomi will have constantly demand from their platform Do they keep updating the details of what has been brought back? I mean where can I see the buyback of ICN and the tokens being burned after that? Have they any kind of video? or link to show the status? You can see it on the blockchain: https://etherscan.io/address/0x0006157838d5a6b33ab66588a6a693a57c869999Any chain experts that can decipher what is what?
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Mendeleev
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August 28, 2017, 10:25:43 PM |
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Any chain experts that can decipher what is what? It's a contract where tokens are sent and can never be retrieved. If you look under token balances, you can see every ICN that has been "burned" so far.
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RayX12
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August 28, 2017, 10:48:12 PM |
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Any chain experts that can decipher what is what? It's a contract where tokens are sent and can never be retrieved. If you look under token balances, you can see every ICN that has been "burned" so far. Not so clear to to me. I go to Toke Balance and select Iconomi I get a list of 9 events of aprox 31 days ago? Is this the list of burned tokens? 0xa0521d314b2934d1560440542b1ba34dd61791ea0bc21bcc1fd65337b4240a53 31 days 1 hr ago 0x29d38fdf26d64fa799276e6615759d27db1f1fcd IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xf4d2da6fb11eb2665677cebc68a7aa53702b8654cbadacb8ab7bec033ab2259e 31 days 19 hrs ago 0xbee27cad773653f88c1df1cce1214fd01adf979c IN 0x0006157838d5a6b33ab66588a6a693a57c869999 10 0x621ce8cf05bfe25eeba0f97586ad56e354670ad630b41450342345dcd6e5dc36 31 days 21 hrs ago 0x39fa601b8d52a7901fe35d764fc3ac5d1d148336 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xa11394212e6dc5eda95ee51c0d365e0669bea55c2e55218809c96dc1aaa11b2d 31 days 22 hrs ago 0xe435a9f68ab369619cf883fae6df2ee7e056c216 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42.33333333333 0x2a862d2404af512d518ba24bc7689354e6d1a7a4d2ad53f0431e532ba3563b84 31 days 22 hrs ago 0x748a4d99407605b56372459193bf73c72951d349 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 32 0x2c44e5b56cab4ac53734009a61d8c5233d09ac5be0538fd37bfae9f5835d0b29 31 days 22 hrs ago 0x8c17849d4ffe981c56329d09ceef864f03d4b53f IN 0x0006157838d5a6b33ab66588a6a693a57c869999 0.42 0x55499c9fa05503b6c033d4e970b50f07b3b19eb4bb871b0ab33ba4df69589d2c 31 days 22 hrs ago 0x1612f38c62fb3b8222dbb36852c2134a9f04d54f IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xa69eaea0d267faf85cab31e6e0105ca55793b089022d64fd61b670248c42e19a 31 days 23 hrs ago 0x5e575279bf9f4acf0a130c186861454247394c06 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 134 0x287efe51aea7ae40661dd406005d6fb873f2822ff1e271e4d9309c2a2f6387b0 32 days 6 hrs ago 0x29d38fdf26d64fa799276e6615759d27db1f1fcd IN 0x0006157838d5a6b33ab66588a6a693a57c869999 99305.389758 How many tokens have been burned and when?
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Mendeleev
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August 28, 2017, 10:59:11 PM |
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Not so clear to to me. I go to Toke Balance and select Iconomi
I get a list of 9 events of aprox 31 days ago? Is this the list of burned tokens?
...
Yes, that's right. On that page, each of those transactions is a number of tokens being burned, and how many days ago. So you see they all happened around 32 days ago. The total is at the top left: Token Balance: 99,650.14309133333 ICN
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Topknotbam
Legendary
Offline
Activity: 1938
Merit: 1014
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August 28, 2017, 11:24:39 PM |
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Any chain experts that can decipher what is what? It's a contract where tokens are sent and can never be retrieved. If you look under token balances, you can see every ICN that has been "burned" so far. Not so clear to to me. I go to Toke Balance and select Iconomi I get a list of 9 events of aprox 31 days ago? Is this the list of burned tokens? 0xa0521d314b2934d1560440542b1ba34dd61791ea0bc21bcc1fd65337b4240a53 31 days 1 hr ago 0x29d38fdf26d64fa799276e6615759d27db1f1fcd IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xf4d2da6fb11eb2665677cebc68a7aa53702b8654cbadacb8ab7bec033ab2259e 31 days 19 hrs ago 0xbee27cad773653f88c1df1cce1214fd01adf979c IN 0x0006157838d5a6b33ab66588a6a693a57c869999 10 0x621ce8cf05bfe25eeba0f97586ad56e354670ad630b41450342345dcd6e5dc36 31 days 21 hrs ago 0x39fa601b8d52a7901fe35d764fc3ac5d1d148336 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xa11394212e6dc5eda95ee51c0d365e0669bea55c2e55218809c96dc1aaa11b2d 31 days 22 hrs ago 0xe435a9f68ab369619cf883fae6df2ee7e056c216 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42.33333333333 0x2a862d2404af512d518ba24bc7689354e6d1a7a4d2ad53f0431e532ba3563b84 31 days 22 hrs ago 0x748a4d99407605b56372459193bf73c72951d349 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 32 0x2c44e5b56cab4ac53734009a61d8c5233d09ac5be0538fd37bfae9f5835d0b29 31 days 22 hrs ago 0x8c17849d4ffe981c56329d09ceef864f03d4b53f IN 0x0006157838d5a6b33ab66588a6a693a57c869999 0.42 0x55499c9fa05503b6c033d4e970b50f07b3b19eb4bb871b0ab33ba4df69589d2c 31 days 22 hrs ago 0x1612f38c62fb3b8222dbb36852c2134a9f04d54f IN 0x0006157838d5a6b33ab66588a6a693a57c869999 42 0xa69eaea0d267faf85cab31e6e0105ca55793b089022d64fd61b670248c42e19a 31 days 23 hrs ago 0x5e575279bf9f4acf0a130c186861454247394c06 IN 0x0006157838d5a6b33ab66588a6a693a57c869999 134 0x287efe51aea7ae40661dd406005d6fb873f2822ff1e271e4d9309c2a2f6387b0 32 days 6 hrs ago 0x29d38fdf26d64fa799276e6615759d27db1f1fcd IN 0x0006157838d5a6b33ab66588a6a693a57c869999 99305.389758How many tokens have been burned and when? these are officially burnt tokens.(iconomi) https://medium.com/iconominet/iconomi-financial-report-q2-2017-dced466c67e8REPAYMENT PROGRAMME In Q2 we concluded the repayment programme by buying and burning 99,305 ICN tokens using 1.000 ETH.
All that the rest of the list are the users. Details here - https://www.reddit.com/r/ICONOMI/comments/6pzrg6/99305_icn_was_sent_to_the_burn_contract/
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eliess
Newbie
Offline
Activity: 26
Merit: 0
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August 28, 2017, 11:46:24 PM |
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It's better than dividens... 20% of all money that it's going into platform will be used to buy ICN, so Iconomi will have constantly demand from their platform After burning all the "ICN" tokens except yours. imagine that you are the only person who have the last icn token in the world, and the platform is obliged to buy it from you(it will provide 20% ( may be millions of dollars) from its net earning.) to complete the task of burning . logically you will be a very very very rich person. so the patience is the only key that open this treasure.
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fudster
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August 29, 2017, 01:50:22 AM |
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It's better than dividens... 20% of all money that it's going into platform will be used to buy ICN, so Iconomi will have constantly demand from their platform After burning all the "ICN" tokens except yours. imagine that you are the only person who have the last icn token in the world, and the platform is obliged to buy it from you(it will provide 20% ( may be millions of dollars) from its net earning.) to complete the task of burning . logically you will be a very very very rich person. so the patience is the only key that open this treasure. But why would they buy ICN when there is no use having it? There is no specific use of the token which could make it valuable, its not like ETH that you need every time you want to send an ERC token. ICN is just nothing but a coin. You can expect a demand for it.
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Deborah
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August 29, 2017, 01:52:31 AM |
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The current price is not an accurate reflection of the ICN. The only thing that needs to be explained is the token use case. The market returns to normal
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LaBlanj
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August 29, 2017, 02:07:08 AM |
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The current price is not an accurate reflection of the ICN. The only thing that needs to be explained is the token use case. The market returns to normal
thats right. iconomi team is professional imo and they will do something about the point, i ll hodl ICNs
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Crypto_Jay_99
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August 29, 2017, 08:16:49 AM |
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I'm wondering if the buyback will really affect ICN prices... I'd rather see them distributing 5 or 10% of their profits to ICN holders as a dividend. They could use the money to buy extra coins, put that into BLX and distribute BLX tokens to the ICN holder. Those could then choose to sell BLX or HODL and let it grow... This would be a much more reliable income stream for the initial investors. The ICN price would be supported as well (nice dividends). Seems like they don't have anybody working atm on sales or marketing: https://www.iconomi.net/about. This probably explains why the coin is sinking... Probably a good idea to hire ASAP... I think they are probably still negotiating with different stakeholders (mainly the "fund manager" candidates) on the use of the ICN token. The platform seems to be stable, their index (BLX) is performing well... So the company seems to have a nice head start on the competition. I'm still optimistic about ICN. Let's hope that once they start their true marketing campaign, the coin will take off. Remember that the current team also reserved a pretty high % of ICN tokens for themselves. So in the long term they'll profit from higher ICN prices as well. October 2018 they'll receive all ICNs: https://iconomi.zendesk.com/hc/en-us/articles/115002851065-ICN-token. Up till then, it's probably in their own interest to keep prices low (cheaper for the company to buy back), and the devs might even buy in more themselves... Verdict: HODL
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GRR
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August 29, 2017, 09:39:45 AM |
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So I think about investing heavily. What uses do tokens have and when will the downward spiral bottom out?
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PikachuYou
Full Member
Offline
Activity: 238
Merit: 100
Me is Cute
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August 29, 2017, 09:44:22 AM |
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So I think about investing heavily. What uses do tokens have and when will the downward spiral bottom out?
You thinking about "investing heavily" and you're asking for advice from a bunch of trolls? Let me consult my crystal ball.... The downward spiral will end exactly when you stop being a fucking moron.....
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