ICONOMI - Live for today. Invest for tomorrow.

[siassjerry]

Money improving site for newbies like us.Hoping the best for ICONOMI.

[lisasteca]

just need to be patient i m sure iconomi is great project

[Daparski]

Burn Baby BURN!

When is next buyback? I hope price stays low till buyback so that they can buy much more.We need limited supply for price to go up

Buybacks are ongoing.. They send them to the burn address once a quarter

[Daparski]

Yup, everything should be up and running by the end of this year and the fiat gateway probably in the start of 2018.

Has there been any official announcement concerning the when the  DAA managers portion of the platform will be completed and fully functional ?

 From my memory I want to say that it was by the end of the year

They are going too slow. So much time has passed and ICONOMI is losing their advantage. They have to setup the fiat gateway.

No they are not. They are placing strong fundamentals and are working the way everybody else in this sphere should - work and not hype. One year of development and the company already has a working product and a solid business model that already works.

It takes time to build back-end trading engine, logic, to develop and fine tune algorithms.. And tons of other things that you have no clue about..
As for fiat gateway - the barrier is not technical, but a legal one. Everyone that will want to implement a similar solution will have the same problems.

Stop being so impatient and enjoy the ride. Or trade the dips.
We are making history, in few years crypto will be all around and you will be the coolest dad in your kid kindergarden

[Crypto_Jay_99]

Yup, everything should be up and running by the end of this year and the fiat gateway probably in the start of 2018.

Has there been any official announcement concerning the when the  DAA managers portion of the platform will be completed and fully functional ?

 From my memory I want to say that it was by the end of the year

They are going too slow. So much time has passed and ICONOMI is losing their advantage. They have to setup the fiat gateway.

No they are not. They are placing strong fundamentals and are working the way everybody else in this sphere should - work and not hype. One year of development and the company already has a working product and a solid business model that already works.

It takes time to build back-end trading engine, logic, to develop and fine tune algorithms.. And tons of other things that you have no clue about..
As for fiat gateway - the barrier is not technical, but a legal one. Everyone that will want to implement a similar solution will have the same problems.

Stop being so impatient and enjoy the ride. Or trade the dips.
We are making history, in few years crypto will be all around and you will be the coolest dad in your kid kindergarden

Exactly. Building a great product takes time. And especially in this space, one error/bug could have a HUGE impact.
BLX is up and running and will be their cash cow for years to come. But don't forget that it also took them quite some time to set up everything.

[loremipsum]

Yup, everything should be up and running by the end of this year and the fiat gateway probably in the start of 2018.

Has there been any official announcement concerning the when the  DAA managers portion of the platform will be completed and fully functional ?

 From my memory I want to say that it was by the end of the year

They are going too slow. So much time has passed and ICONOMI is losing their advantage. They have to setup the fiat gateway.

No they are not. They are placing strong fundamentals and are working the way everybody else in this sphere should - work and not hype. One year of development and the company already has a working product and a solid business model that already works.

It takes time to build back-end trading engine, logic, to develop and fine tune algorithms.. And tons of other things that you have no clue about..
As for fiat gateway - the barrier is not technical, but a legal one. Everyone that will want to implement a similar solution will have the same problems.

Stop being so impatient and enjoy the ride. Or trade the dips.
We are making history, in few years crypto will be all around and you will be the coolest dad in your kid kindergarden

I have a clue, that's why I said about the fiat gateway. It is a legal and not a technical problem of course, that's why I think the fiat gateway should be a priority, even with the platform as is. Maybe the legal framework in Slovenia is prohibitive for this, maybe they should set it up elsewhere, I don't know as there hasn't been any info on this topic. Have they said anything?

[Daparski]

Yup, everything should be up and running by the end of this year and the fiat gateway probably in the start of 2018.

Has there been any official announcement concerning the when the  DAA managers portion of the platform will be completed and fully functional ?

 From my memory I want to say that it was by the end of the year

They are going too slow. So much time has passed and ICONOMI is losing their advantage. They have to setup the fiat gateway.

No they are not. They are placing strong fundamentals and are working the way everybody else in this sphere should - work and not hype. One year of development and the company already has a working product and a solid business model that already works.

It takes time to build back-end trading engine, logic, to develop and fine tune algorithms.. And tons of other things that you have no clue about..
As for fiat gateway - the barrier is not technical, but a legal one. Everyone that will want to implement a similar solution will have the same problems.

Stop being so impatient and enjoy the ride. Or trade the dips.
We are making history, in few years crypto will be all around and you will be the coolest dad in your kid kindergarden

I have a clue, that's why I said about the fiat gateway. It is a legal and not a technical problem of course, that's why I think the fiat gateway should be a priority, even with the platform as is. Maybe the legal framework in Slovenia is prohibitive for this, maybe they should set it up elsewhere, I don't know as there hasn't been any info on this topic. Have they said anything?

yes:

Q: Is fiat coming this year?
A: Hi lokvent, and thanks for your question. There are a lot of legal hurdles involved with incorporating a fiat gateway into the platform, but we are progressing nicely with our banking partners. As we mentioned in a previous answer and in the July AMA, these are currently the three upcoming major milestones: make it possible for users to create and test their own DAAs; make the platform and DAAs available to everyone; fiat gateway for direct entry with fiat money. Quality is always our top priority, and we hold all of our products to the highest standard. As we are focused on launching a great DAA platform in 2017, the public release of the fiat gateway may happen in 2018.

https://www.reddit.com/r/ICONOMI/comments/6zt5pg/iconomi_september_2017_reddit_ama/

[Crypto_Jay_99]

FIAT gateway will be huge. Imo probably a bigger step than adding other DAAs (even though technically that will be harder to implement).

A lot of regular people flocking to crypto are not technical at all and simply want to be able to do a deposit to buy BLX and not worry about it afterwards.

[Sm00kew]

https://medium.com/iconominet/iconomis-first-anniversary-celebrating-one-year-in-business-e719cf0748bb

[jhannlenris]

Eventually with the buyback system, theoretically if it goes on long enough we could see ICN at well over $10,000 per coin. That is the devs master plan. Whoever sellls now has not done their research. What I love aboit Iconomi is that if you were following this coin from the beginning there is lots of info many later investors will not pick up on, thus causing ICN to be one of the most successful crypto projects ever in terms of price rise.
Oh and not to mention they have a working product already pulling in revenue far higher than any others. They have customers and minimimum 20% of the profits are being used to buy amd destroy coins from the total supply. Its incredible and its still early days

[cryptocris]

The problem that I see to this currency, that can only be acquired an Exchange (Kraken) this limits a lot. I will wait for a while and if the situation does not change, I will sell.

[s8ndo]

$10000  

I'll have whatever you're smoking

Eventually with the buyback system, theoretically if it goes on long enough we could see ICN at well over $10,000 per coin. That is the devs master plan. Whoever sellls now has not done their research. What I love aboit Iconomi is that if you were following this coin from the beginning there is lots of info many later investors will not pick up on, thus causing ICN to be one of the most successful crypto projects ever in terms of price rise.
Oh and not to mention they have a working product already pulling in revenue far higher than any others. They have customers and minimimum 20% of the profits are being used to buy amd destroy coins from the total supply. Its incredible and its still early days

[Red_Sanford]

FIAT gateway will be huge. Imo probably a bigger step than adding other DAAs (even though technically that will be harder to implement).

A lot of regular people flocking to crypto are not technical at all and simply want to be able to do a deposit to buy BLX and not worry about it afterwards.

I really don't understand the issue. Waves has implemented fiat gateways.

Why don't they get the DAA's up and running and then add the gateways. Look at the volume of 1broker, they do the same thing, allowing people to follow traders. It is not like this is all ground breaking tech. It has all been done already.

ICN holders are way too patient

[Daparski]

FIAT gateway will be huge. Imo probably a bigger step than adding other DAAs (even though technically that will be harder to implement).

A lot of regular people flocking to crypto are not technical at all and simply want to be able to do a deposit to buy BLX and not worry about it afterwards.

I really don't understand the issue. Waves has implemented fiat gateways.

Why don't they get the DAA's up and running and then add the gateways. Look at the volume of 1broker, they do the same thing, allowing people to follow traders. It is not like this is all ground breaking tech. It has all been done already.

ICN holders are way too patient

Have you tried to implement a FIAT gateway into your own company that is managing other's crypto funds? Everybody is so smart, has all answers and the best adviser/high level architect
Until it's time to actually build something..

[loremipsum]

FIAT gateway will be huge. Imo probably a bigger step than adding other DAAs (even though technically that will be harder to implement).

A lot of regular people flocking to crypto are not technical at all and simply want to be able to do a deposit to buy BLX and not worry about it afterwards.

I really don't understand the issue. Waves has implemented fiat gateways.

Why don't they get the DAA's up and running and then add the gateways. Look at the volume of 1broker, they do the same thing, allowing people to follow traders. It is not like this is all ground breaking tech. It has all been done already.

ICN holders are way too patient

KOMODO has done it as well. I would like to know what steps they are taking towards implementing the fiat gateway, have there been talks with any banks? They haven't said anything specific.

[Daparski]

FIAT gateway will be huge. Imo probably a bigger step than adding other DAAs (even though technically that will be harder to implement).

A lot of regular people flocking to crypto are not technical at all and simply want to be able to do a deposit to buy BLX and not worry about it afterwards.

I really don't understand the issue. Waves has implemented fiat gateways.

Why don't they get the DAA's up and running and then add the gateways. Look at the volume of 1broker, they do the same thing, allowing people to follow traders. It is not like this is all ground breaking tech. It has all been done already.

ICN holders are way too patient

KOMODO has done it as well. I would like to know what steps they are taking towards implementing the fiat gateway, have there been talks with any banks? They haven't said anything specific.

They have. Check last AMA on reddit. They don't comment here.

[Crypto_Jay_99]

$10000  

I'll have whatever you're smoking

Lol. Somebody's been snorting that moon powder.

I'll be VERY happy with 10$ by October 2018 and I feel that's a realistic number. Don't forget that the token is backed by the CCP fund underneath. As buybacks increase, the number of tokens will decrease so price will go up as well.
Current low prices means more buybacks and work in favor of token HODLers.

I'm curious how much ICN they'll burn this time (probably 1 Oct, right?): https://etherscan.io/address/0x0006157838d5a6b33ab66588a6a693a57c869999#tokentxns

[RayX12]

Happy B day from a stupid hodler:

[-Manuell-]

yea Happy Birthday!
ICN is one of the best Projects in Crypto and the Price is just sick right now. $ Price looks like a bottom.

[dragonares]

How many projects does ICN invest right now? I want to know the list, thanks