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Author Topic: So Iconomi got dumped, who lost money?  (Read 1781 times)
pereira4 (OP)
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February 16, 2017, 12:26:17 PM
 #1

I was considering this coin just like a lot of other potential investors and it was a total flop, the coin has dumped all the way down to high 200's, right now is at high 300's.
What the hell man? Im glad I dodged that bullet, I would have lost half of my bitcoin.
I hope it recovers but I always had my doubts about this thing.
Ayers
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February 16, 2017, 12:35:37 PM
Last edit: February 16, 2017, 04:41:14 PM by Ayers
 #2

What was the initial value of this ico? if it is way below the entry ico price it's possible that it was a big scam and nothing else, they just dumped on investors, with their "instamine" from distribution, if instead it was pumped and then dumped maybe people just lost the interest on it? i remember that the last good ico was lisk and it is the oen that i invested and make a big buck the other look only like clone trying to have the same hype but failed

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February 16, 2017, 01:07:54 PM
 #3

What was the initial value of this ico? if it is way below the entry ico price it's possible that it was a big scam and nothign else, they just dumped on investors, with their "instamine" from distribution, if instead it was pumped and then dumped maybe people just lost the interest on it? i remember that the last good ico was lisk and it is the oen that i invested and make a big buck the other look only like clone trying to have the same hype but failed

21k sats OP wants some cheaper coins thats why he is being a bitter.
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February 16, 2017, 02:03:16 PM
 #4

I was considering this coin just like a lot of other potential investors and it was a total flop, the coin has dumped all the way down to high 200's, right now is at high 300's.
What the hell man? Im glad I dodged that bullet, I would have lost half of my bitcoin.
I hope it recovers but I always had my doubts about this thing.

You seems have no ideas of trading. If you would plan to buy you should have buy offers set at high 200. and you would get cheap ICONONOMI.
You could sell them now and have 15 BTC instead of 10 you had.


You did not dodged anything. You did totally nothing. Nada!   All you did was another flashy title in thread, where you will bla bla more.
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February 16, 2017, 03:59:35 PM
 #5

There has been no real dump of Iconomi during the last 3 months.
The real dump happened on 25-26 October, when the price dropped by 60%+.
Post that, the rise as well as the fall have been benign, in altcoin terms.  Smiley


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maku
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February 16, 2017, 04:05:57 PM
 #6

There has been no real dump of Iconomi during the last 3 months.
The real dump happened on 25-26 October, when the price dropped by 60%+.
Post that, the rise as well as the fall have been benign, in altcoin terms.  Smiley
This. Iconomi has been quite stable. At least, if we consider ultra volatile aspect of ICOs where ever investor is only waiting to dump at the best possible moment.

If you want to know more info about spotting possible dumps and manipulation, here is interesting article: https://www.cryptocoinsnews.com/pump-dump-know-signs-trading-altcoins/

Of course it won't cover everything, and it is aimed to help newbies but it contains pretty useful basic knowledge.
Ayers
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February 16, 2017, 04:42:08 PM
 #7

What was the initial value of this ico? if it is way below the entry ico price it's possible that it was a big scam and nothign else, they just dumped on investors, with their "instamine" from distribution, if instead it was pumped and then dumped maybe people just lost the interest on it? i remember that the last good ico was lisk and it is the oen that i invested and make a big buck the other look only like clone trying to have the same hype but failed

21k sats OP wants some cheaper coins thats why he is being a bitter.

yeah i also believe so, because 21k is not a bad price for the launch, lisk was 40k and wave was the same 20k, they both were pumped and dumped very fast

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February 16, 2017, 04:53:12 PM
 #8

Pumping and dumping is quite usual in crypto. ICN has quite strong support, the current price went back to its normal position. Something similar happened to REP, and now its back to normal position in top 10 in coinmarketcap Wink

.TokenMarket.
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pereira4 (OP)
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February 16, 2017, 05:45:22 PM
 #9

I was considering this coin just like a lot of other potential investors and it was a total flop, the coin has dumped all the way down to high 200's, right now is at high 300's.
What the hell man? Im glad I dodged that bullet, I would have lost half of my bitcoin.
I hope it recovers but I always had my doubts about this thing.

You seems have no ideas of trading. If you would plan to buy you should have buy offers set at high 200. and you would get cheap ICONONOMI.
You could sell them now and have 15 BTC instead of 10 you had.


You did not dodged anything. You did totally nothing. Nada!   All you did was another flashy title in thread, where you will bla bla more.

Yeah, except that was exactly what Iconomi shills were saying in the ICO thread.

"Bro, I cant believe we are still at 4XX, we are going to be at 1k in no time when they release the platform". A ton of people bought at 4XX and now they got fucked, the ones that panic sold at least.

And like I said before, I saw this coming because bitcoin is too strong and everyone dumps their alts for BTC.
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February 16, 2017, 06:05:40 PM
 #10

I was considering this coin just like a lot of other potential investors and it was a total flop, the coin has dumped all the way down to high 200's, right now is at high 300's.
What the hell man? Im glad I dodged that bullet, I would have lost half of my bitcoin.
I hope it recovers but I always had my doubts about this thing.

You seems have no ideas of trading. If you would plan to buy you should have buy offers set at high 200. and you would get cheap ICONONOMI.
You could sell them now and have 15 BTC instead of 10 you had.


You did not dodged anything. You did totally nothing. Nada!   All you did was another flashy title in thread, where you will bla bla more.

Yeah, except that was exactly what Iconomi shills were saying in the ICO thread.

"Bro, I cant believe we are still at 4XX, we are going to be at 1k in no time when they release the platform". A ton of people bought at 4XX and now they got fucked, the ones that panic sold at least.

And like I said before, I saw this coming because bitcoin is too strong and everyone dumps their alts for BTC.

People never learn though, alts get pumped and dumped in cycles. A coin that is alive and being developed will get lots of pumps and dumps, people that sold in the low 30s after buying in the high 40s will re-buy once this spikes again. Noobs love buying high and selling low lol...
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February 16, 2017, 06:06:23 PM
 #11

because bitcoin is too strong and everyone dumps their alts for BTC.
Why didn't you think of that in the first place ? lol
In my humble opinion,if you don't trust the coins you're investing money in,you should be out of the game.On a side note,bitcoin is unbeatable.
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February 16, 2017, 06:44:23 PM
 #12

Hi @pereira4 ,

I was considering this coin just like a lot of other potential investors and it was a total flop, the coin has dumped all the way down to high 200's, right now is at high 300's.
What the hell man? Im glad I dodged that bullet, I would have lost half of my bitcoin.
I hope it recovers but I always had my doubts about this thing.

what made you considering it a good "investment" ?

 Wink PanneKopp

... please make an educated guess !
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February 16, 2017, 06:55:54 PM
 #13

No coin keeps going up and up and up.. It is simply always going to happen as people are going to take a profit at some point.

I don't mind this acutally, helps increase the distribution.
pereira4 (OP)
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February 16, 2017, 07:00:25 PM
 #14

because bitcoin is too strong and everyone dumps their alts for BTC.
Why didn't you think of that in the first place ? lol
In my humble opinion,if you don't trust the coins you're investing money in,you should be out of the game.On a side note,bitcoin is unbeatable.

That is what I thought, which and like I said before, is what made me not buy into the Iconomi hype, not at least until it dumps accordingly, because I don't believe this coin is magically going to grow as BTC grows. Most if not all alts, go red when BTC grows, and BTC is growing real nice and steady. PBOC crap is futile, and we are now looking at the ETF approval. If he ETF gets approved, we are looking at possible $2000+ prices, so you can imagine what will happen to the altcoin holders.
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February 16, 2017, 07:44:16 PM
 #15

I invested in ICN right at the very beginning. I'm a bit disappointed the price dropped so spectacularly but I'm still way ahead on my initial investment and I believe ICN will come back once the Iconomi team launches a product. The important things to remember are... they didn't vanish once the crowdsale was over, and digital asset arrays are still a good idea. I'm confident the Iconomi team is still working and that ICN will regain it's lost market cap in time and eventually set new all time highs (which will subsequently crash, cuz its crypto and its volatile), I didn't sell, and it's still a good investment.
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February 16, 2017, 07:54:21 PM
 #16

Its time to buy and not to cry about it .

regards

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February 16, 2017, 07:57:30 PM
 #17

As "traders", you guys should know ICN never reached 200's... You should start learning to count zeros. it's a good first step in trading.
plus, 0.618 fib held up well, so this "astronomical" dump still pretty "normal" since the price were going up almost without retracement since 20k.

if you're not a trader, and it's just holding for the future, there's nothing to be afraid, at least not right now.
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February 16, 2017, 08:03:30 PM
 #18

The developers are sincere and no one will lose their bitcoins in iconomi. Keep trading with that coin you will get a good profit.
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February 16, 2017, 09:57:05 PM
 #19

Why buy İCN ? They do the same thing as you ; invest in İCOs. And you get a smaller cut of the profit. Stupid project...
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February 16, 2017, 10:33:01 PM
 #20

Why buy İCN ? They do the same thing as you ; invest in İCOs. And you get a smaller cut of the profit. Stupid project...

why you write buy iconomi coin is stupid
in ico sellin ICN price average 20k satoshi, and before dump ICN price incraese until reach 50k satoshi so many people can profit 2.5x is big profit, so why you write stupid
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