ICONOMI - Live for today. Invest for tomorrow.

[BIONT]

Will Fiat be implemented in the platform? Without Fiat it doesn't really make sense to me. If I buy with Bitcoin...then whole market raises... nice...but when market crashes, I have to sell against BTC or ETH, which normally are the main drivers of a crash. Fiat needs to be implemented to attract the targeted customers. It was said in the ICO that Iconomi wants to make it easy to enter crypto space for newbies... but it actually isn't at the moment. New Crypto Investors should be able to transfer fiat to the platform and then buy the Index. Now still need to buy it for example on Coinbase, transfer to the platform, buy BLX... sell BLX to BTC or ETH, transfer back to Coinbase and sell for Fiat. Too complicated and a hurdle to get more BLX users.

Another thing is what happened with Bitcoin Cash in BLX? They held a lot of BTC in BLX at fork and received BCC for that. It never was added to the index. It clearly belongs to BLX holders, and was communicated Medium post.

"ICNX holders will receive potential bitcoin-based tokens in proportion to the full bitcoin token balance in the ICNX structure."

https://medium.com/iconominet/official-statement-on-the-upcoming-bitcoin-hard-fork-6d1acd7f5fa9I wrote several emails to Iconomi without a good response about that.

So why was it never added to ICNX (or now BLX). I wrote several e-mails to Iconomi about that, without a real answer.

Cheers

[Daparski]

Will Fiat be implemented in the platform? Without Fiat it doesn't really make sense to me. If I buy with Bitcoin...then whole market raises... nice...but when market crashes, I have to sell against BTC or ETH, which normally are the main drivers of a crash. Fiat needs to be implemented to attract the targeted customers. It was said in the ICO that Iconomi wants to make it easy to enter crypto space for newbies... but it actually isn't at the moment. New Crypto Investors should be able to transfer fiat to the platform and then buy the Index. Now still need to buy it for example on Coinbase, transfer to the platform, buy BLX... sell BLX to BTC or ETH, transfer back to Coinbase and sell for Fiat. Too complicated and a hurdle to get more BLX users.

Another thing is what happened with Bitcoin Cash in BLX? They held a lot of BTC in BLX at fork and received BCC for that. It never was added to the index. It clearly belongs to BLX holders, and was communicated Medium post.

"ICNX holders will receive potential bitcoin-based tokens in proportion to the full bitcoin token balance in the ICNX structure."

https://medium.com/iconominet/official-statement-on-the-upcoming-bitcoin-hard-fork-6d1acd7f5fa9I wrote several emails to Iconomi without a good response about that.

So why was it never added to ICNX (or now BLX). I wrote several e-mails to Iconomi about that, without a real answer.

Cheers

Fiat gateway will be implemented after platform full release. Both are scheduled for this year

[BIONT]

Will Fiat be implemented in the platform? Without Fiat it doesn't really make sense to me. If I buy with Bitcoin...then whole market raises... nice...but when market crashes, I have to sell against BTC or ETH, which normally are the main drivers of a crash. Fiat needs to be implemented to attract the targeted customers. It was said in the ICO that Iconomi wants to make it easy to enter crypto space for newbies... but it actually isn't at the moment. New Crypto Investors should be able to transfer fiat to the platform and then buy the Index. Now still need to buy it for example on Coinbase, transfer to the platform, buy BLX... sell BLX to BTC or ETH, transfer back to Coinbase and sell for Fiat. Too complicated and a hurdle to get more BLX users.

Another thing is what happened with Bitcoin Cash in BLX? They held a lot of BTC in BLX at fork and received BCC for that. It never was added to the index. It clearly belongs to BLX holders, and was communicated Medium post.

"ICNX holders will receive potential bitcoin-based tokens in proportion to the full bitcoin token balance in the ICNX structure."

https://medium.com/iconominet/official-statement-on-the-upcoming-bitcoin-hard-fork-6d1acd7f5fa9I wrote several emails to Iconomi without a good response about that.

So why was it never added to ICNX (or now BLX). I wrote several e-mails to Iconomi about that, without a real answer.

Cheers

Fiat gateway will be implemented after platform full release. Both are scheduled for this year

That's nice... but what about our portion of BCC? As promised in medium post?

[Mendeleev]

Each day, I go to find ICN on Coinmarketcap... and I'm like "where the fuck's it gone now? ... oh, there it is... down another 5 places"

You look like a man who is trading on the predictable movements of ICN, and profiting, while holders suffer.

Go on, Smokes, admit it!

If you suffer being a hoddler, why don't you trade?

Translation: "You are correct, Mendeleev. I admit to my nefarious ways."

[Blog_crypto_trading]

Was posted on their slack regarding Bitcoin Cash

The Bitcoin hard fork on August 1 resulted in two distinct digital assets: Bitcoin and Bitcoin Cash. Any address holding Bitcoin at the time of the fork automatically received an equivalent amount of Bitcoin Cash. As of today, all user accounts with Bitcoin in the ICONOMI platform have been credited Bitcoin Cash, reflecting the balance held on August 1. However, ICONOMI will not be supporting Bitcoin Cash for any features of the ICONOMI platform. We therefore recommend withdrawing your Bitcoin Cash as soon as possible.

[Mendeleev]

Was posted on their slack regarding Bitcoin Cash

The Bitcoin hard fork on August 1 resulted in two distinct digital assets: Bitcoin and Bitcoin Cash. Any address holding Bitcoin at the time of the fork automatically received an equivalent amount of Bitcoin Cash. As of today, all user accounts with Bitcoin in the ICONOMI platform have been credited Bitcoin Cash, reflecting the balance held on August 1. However, ICONOMI will not be supporting Bitcoin Cash for any features of the ICONOMI platform. We therefore recommend withdrawing your Bitcoin Cash as soon as possible.

Yeah, but BIONT is asking about the BCH that was promised for ICNX holders at the time. They were meant to receive a proportional amount. Is that still going ahead? Or are they just planning to forget about it and never mention it again? (The Iconomi way to do business)

Also, if they aren't supporting BCH for any features of the platform, why is it included in CCP? ... CCP is a 'feature' of the platform. Surely they should sell it for something else.

[Kalli123]

on the evening of september the first, the price rose to 0.000653 btc.

can anyone please tell me what the reason was?


thx in advance

[dan_raikou]

ICONOMI is a great project, just bought some =)

[estenity]

BCC/BCH issue deserves to be precised.

[XbladeX]

Will Fiat be implemented in the platform? ***

But fian mean KYC I hate that part of ICONOMI . THis is thing that keeps me away from platform.
Sice ICONOMI operates in EU and I am in EU this will cause later problems with taxation probably.
ICONOMI should have some KYC free division in Shanghai or Honkong for only krypto investments.

[X1235]

...

Butthurt?

That's the only way you express discontent? I cannot image the nightmare that your parents called "childhood".

[-Manuell-]

Why do you spread FUD if you want the Price to go up? And why ICN isn't listed on Bittrex?

[dbc23]

Will Fiat be implemented in the platform? ***

But fian mean KYC I hate that part of ICONOMI . THis is thing that keeps me away from platform.
Sice ICONOMI operates in EU and I am in EU this will cause later problems with taxation probably.
ICONOMI should have some KYC free division in Shanghai or Honkong for only krypto investments.

Unless you're laundering dirty money or planning to not pay taxes you legally owe there's really no reason KYC should be a concern.  While I understand and respect the anonymous foundation of crypto, for active traders KYC/AML is just a fact of life.

[bearex]

Seems like everything good is coming from BLX, and ICN became obsolete? I am not sure, but that is what it looks to me right now. I really hope something happens to it though, hopefully the burning of ICN with profits will drive the price up.

[B!gSmoke]

...

Butthurt?

So, you are still butthurt. 

[XbladeX]

Why do you spread FUD if you want the Price to go up? And why ICN isn't listed on Bittrex?

becouse ICONOMI is seciutity according to SEC rules this is profit sharing token so it can not be listed on US based exchanges.
But in reality such tokens are THE BEST value to me all those utility tokens are pice of shiet to me.
ICONOMI have very nice plan and platform. I don't like KYC there that is why I gave up with it.

[cointrader83]

I would be happy if the price would going up in the next weeks. Just like Lisk...

[xtrusion]

2 questions, thanks for help in advance!

1) ICN token:
If I read right, you are a kind of shareholder when you own icn tokens, but that would be very unlikely in cryptoworld.
So what exactly is the use/ value of the coin itself (not of the products, just from the icn token!)?
(Products are clear, when I invest in BLK fund and courses from coins where blk is invested rise, the funds rises of course, but that has not something to do with the ICN token forcing)

2) Security of products/ funds:
As you are not invested directly in for example BTC, DASH, ETH,... but via the fund, what would happen in the theoretical case when ICONOMI Inc. goes bankruptcy suddenly?
You don't have any rights on coin shares, right?

[FNetV1]

Seems like everything good is coming from BLX, and ICN became obsolete? I am not sure, but that is what it looks to me right now. I really hope something happens to it though, hopefully the burning of ICN with profits will drive the price up.

Except that ICONOMI will not be using BLX to "burn", in fact it is not possible to burn BLX tokens since its a dynamically changing total number of circulation of the token based on the performance of the funds and possibly to keep up on sync with the traditional stock exchange market's price.  ICONOMI will only be using ICN for buybacks and this alone gives it a great utility, not counting that ICN will have a utility for DAA, etc. 

Even if whales were to want to sell lots of ICN's for like a dollar each, the fact that ICONOMI will be doing consistent buybacks should guarantee that the price of ICN should go higher in the long run.

So, what I would do is that I would diversify between ICN and BLX, never ignore either one of them because each has its own potentials.

disclaimer: This is not investment advice, this info is provided as-is and I make no guarantees.  Always do your own due diligence before following any determined course of action.

[bagera]

A good project with potential. But I do not like how the platform and authentication is implemented. The price goes all the way down and down. When will he make a reversal at last?