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Author Topic: ICONOMI - Live for today. Invest for tomorrow.  (Read 550662 times)
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Crypto_Jay_99
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October 03, 2017, 09:15:15 AM
 #7641

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
They've stated in the past that marketing will only happen after they launch DAAs.

The new fund is probably a good thing. Not really competition for Iconomi imo, will create awareness about crypto and fund-investing. Focussed more on big players:
  • Investor Qualification: Investors must be accredited and US-based.
  • Minimum Investment: $10,000
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October 03, 2017, 10:44:09 AM
 #7642

1 year, ico prize, great investment
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October 03, 2017, 11:44:01 AM
 #7643

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
They've stated in the past that marketing will only happen after they launch DAAs.

The new fund is probably a good thing. Not really competition for Iconomi imo, will create awareness about crypto and fund-investing. Focussed more on big players:
  • Investor Qualification: Investors must be accredited and US-based.
  • Minimum Investment: $10,000

Devcon are a good oppurtunity for advertising. Even tough IConomi is not fully developed, advertising in current state also will bring more users in future.

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October 03, 2017, 01:57:05 PM
 #7644

$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.

in Q2 they burned almost 100 000 tokens in Q3 i can expect something same 90-100K so I dont know what should happen that they can burm 10M in 3 years. 100K comparing to all tokens is nothing so dont expect price will grow. even after 5 years those tokens amount what they will burn will not have any influence on price.
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October 03, 2017, 08:05:32 PM
 #7645


in Q2 they burned almost 100 000 tokens in Q3 i can expect something same 90-100K so I dont know what should happen that they can burm 10M in 3 years. 100K comparing to all tokens is nothing so dont expect price will grow. even after 5 years those tokens amount what they will burn will not have any influence on price.

10M is possible should there be a good growth (more users and crypto price rising) and steady ICN price.
Q4 buyback/burn should be a lot higher considering the platform is operational now. Let's assume they burn 500k this year. Next years: 1,5M, 3M, 5M --> 10M total
IMO not unrealistic: linear growth for a startup.
Remember that the real marketing, DAAs (creation will consume ICN), fiat gateway etc. still have to come. Hopefully they'll keep working hard over the next years and keep adding value to the company (and reward ICN holders). More info here: https://www.reddit.com/r/ICONOMI/comments/6rkx1l/new_to_iconomi_start_here/

10M still would only be 10% of the total supply, but would probably trigger a nice price increase. I don't expect "moon" gains any longer, but I'm still optimistic that I'll see a nice return within 3 years.
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October 03, 2017, 09:24:52 PM
 #7646

why price not goine up?

BitPotus
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October 03, 2017, 09:30:40 PM
 #7647

why price not goine up?


cause you are a fucking faggot and the team is suppressing the price just to punish you.
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October 04, 2017, 06:45:09 AM
 #7648

why price not goine up?


cause you are a fucking faggot and the team is suppressing the price just to punish you.

That's harsh Tongue I feel sorry for all those who bought ICN for >$4 and now wondering WTF is going on.

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B!gSmoke
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October 04, 2017, 07:48:18 AM
 #7649

I got a feeling that today could be a good day!  Grin

I AM HODLING!
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October 04, 2017, 09:58:22 AM
 #7650



 Shocked Shocked Shocked
zahra4577
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October 04, 2017, 11:42:48 AM
 #7651

I got a feeling that today could be a good day!  Grin

I AM HODLING!
Why is that so?Is there anything that ICONOMI team going to announce?Please let us in on the secret

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October 04, 2017, 06:01:56 PM
 #7652

http://www.ibtimes.co.uk/iconomi-welcomes-william-mougayar-among-first-series-digital-asset-array-managers-1641902  Cool Cool Cool Cool

❘|❘ ICONOMI  Fund Management Platform
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October 04, 2017, 08:25:30 PM
 #7653

https://medium.com/iconominet/iconomi-welcomes-the-first-series-of-daa-managers-57218ae0f68f

❘|❘ ICONOMI  Fund Management Platform
RayX12
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October 04, 2017, 08:49:33 PM
 #7654

Nice coordinated pump incoming... buy back probably active..
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October 04, 2017, 08:54:25 PM
 #7655

It is very sad that Iconomi is coming to these situations. I hope the price will soon become old.

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October 04, 2017, 08:59:24 PM
 #7656

It is very sad that Iconomi is coming to these situations. I hope the price will soon become old.

I hope the price will soon become HIGH.
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October 04, 2017, 09:16:08 PM
 #7657

Nice coordinated pump incoming... buy back probably active..

Buyback is active every week with the profits, so ICN tokens are removed from the market all the time. But they get stored in a wallet and are burned only every quarter. So the amount of circulation on coinmarketcap.com updates only every quarter eventough tokens are regularly taken out of circulation.

After Q2 there was small amount of profit because only testing platform with limited number of users was operating. In last month AMA they stated they had 16,000 users. With much more users than in Q2 and very low price of ICN token, I think much more tokens will be burned after Q3, than there were after Q2. I hope we see the Q3 report soon.

I think Iconomi is still good long term investment. The cheaper it gets the more tokens will get burned every quarter and sooner or later there will be a "tipping point" where the number of tokens will decrease so much, that the price will start to rise. And the profit should also rise every quarter. DAA manager platform should be ready by the end of the year and after that they'll start a marketing campaign, so we can expect more users joining the platform increasing the profits and accelerate the burning of tokens.
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October 04, 2017, 09:56:32 PM
 #7658

Here are the 12 funds just announced:

https://www.iconomi.net/dashboard/#/

It's up from here....
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October 05, 2017, 06:24:50 AM
 #7659

All the time, but think about it, one good project . I believe that will soon rise .

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October 05, 2017, 06:56:54 AM
 #7660

The price seems to rise gradually, and seems stable. Although it is a small increase it seems that things begin to improve a little.
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