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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 551200 times)
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Daparski
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September 29, 2017, 12:00:51 PM
 #7621

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..
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loremipsum
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September 29, 2017, 12:39:21 PM
 #7622

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
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September 29, 2017, 12:46:34 PM
 #7623

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
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September 29, 2017, 01:13:32 PM
 #7624

$10000  Roll Eyes

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
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September 29, 2017, 01:28:22 PM
 #7625

Happy B day from a stupid hodler:

-Manuell-
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September 29, 2017, 01:50:23 PM
 #7626

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
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September 29, 2017, 11:20:14 PM
 #7627

How many projects does ICN invest right now? I want to know the list, thanks
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September 30, 2017, 06:56:17 AM
 #7628

How many projects does ICN invest right now? I want to know the list, thanks
You can see it here
https://www.iconomi.net/dashboard/#/INDEX
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September 30, 2017, 07:27:31 AM
 #7629

$10000  Roll Eyes

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

10000$ it's a crazy price with no math behind it

if they get to burn 10.000.000 tokens in the next 3 years
and with a capital as big as bitcoin we can speak of something over 500$ per token
and this is an optimistic scenario considering the situation, not the product.
X1235
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September 30, 2017, 11:23:33 AM
 #7630

Oddly enough the ICN shit is still alive. I'll be happy to see it at $100 in an year or two but highly doubt it. The list of currencies looks good which means that it's the poor / scammy management that brings the price more and more down. We'll see.
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October 02, 2017, 11:19:58 AM
 #7631

Those saying you'd be happy to see only $10 by 2018? You might aswell just sell and hold your BTC then, cause by that time the current price of what ICN is now in terms of satoshi will probably be higher than a poxy $10.
eneyardi
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October 02, 2017, 11:44:49 AM
 #7632

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

Where can I find this list?
BioMoh
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October 02, 2017, 02:23:12 PM
 #7633

no one of the 50 team members know why price is dumping in non reason way ?
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October 02, 2017, 03:12:00 PM
 #7634

Nearly back at ICO price in terms of BTC. Fuck.
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October 02, 2017, 03:51:35 PM
 #7635

everybody asks why the price keeps going down, which I just don't understand.  If you wanted to accumulate a larger position without spending anymore, how would you do it?  In a market where liquidity is low, you can expect price to only go steadily lower as those trying to accumulate play the market in that way. 

The only way price jumps is through new buyers when the only players are hodlers, accumulators, and those that "cut their losses" (cutting losses onto the accumulators).

Why is this so hard to understand in crypto???

The user interfaces are becoming much more consumer friendly and it will eventually reach a tipping point.  Once that happens you will see real growth in the market.  Most of the growth now is just big investors playing bitcoin.
Crypto_Jay_99
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October 02, 2017, 03:57:49 PM
 #7636

no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.
ajhodge7
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October 02, 2017, 04:24:20 PM
 #7637

no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.

price is not low because people are selling.  price is low because traders are selling/buying.  in low liquidity environments you will see the price continually drop.  it is very normal in a market.  think logically.  if i have 1000 ICN and sell now...i can get say 1050 icn in the next small bump back up...then sell it again...then buy again to get 1100 icn...eventually when the market pumps i'll either be on the icn of the trade or the btc.  either way, i made a lot without having to invest any additional capital. 

everybody, you can try this experiment yourself...in just about any crypto market.  please don't be so naive.
Red_Sanford
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October 03, 2017, 02:05:42 AM
 #7638

no one of the 50 team members know why price is dumping in non reason way ?

Price is low because people are selling. People are selling because in crypto there is zero patience and everyone wants crazy returns right away.
They're not manipulating, they're actually very open about what they're doing, currently they have zero interest in pumping the price (like most other companies are doing). Probably they're still fine-tuning the platform, fixing bugs, implementing features, working out legal issues.

Real marketing will start once they have the DAAs up and running. Currently we have low prices, which sucks to see (trust me, I die a little everytime I check it) but due to the buybacks this is very good for the Company and long-term ICN holders.

price is not low because people are selling.  price is low because traders are selling/buying.  in low liquidity environments you will see the price continually drop.  it is very normal in a market.  think logically.  if i have 1000 ICN and sell now...i can get say 1050 icn in the next small bump back up...then sell it again...then buy again to get 1100 icn...eventually when the market pumps i'll either be on the icn of the trade or the btc.  either way, i made a lot without having to invest any additional capital. 

everybody, you can try this experiment yourself...in just about any crypto market.  please don't be so naive.

You could have just sold at 5.50 and bought back at 1.50 and saved yourself the hassle. Your bitcoin would have also increased in value 2 x during the slide

It looks like ICN didn't spend any $ advertising at devcon3 https://ethereumfoundation.org/devcon3/

And a new crypto index fund enters the field https://www.coindesk.com/angellist-creator-naval-ravikant-backs-sp-style-cryptocurrency-fund/
https://www.bitwiseinvestments.com/fund

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rgornik
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October 03, 2017, 09:02:24 AM
 #7639

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.

Happy birthday with a bit of a delay

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October 03, 2017, 09:08:32 AM
 #7640

Yes happy birthday... It seems that things are going to take more time than we thought from the beginning. I would like to know what the team is doing.
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