Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MoveCrypto
on 21/10/2016, 20:25:11 UTC

INC can reach the 5$ or even 10$ within several months. At the moment I think the price will be around 1$ or 2$ and capital market of 100 million for 1$ or 200 million for 2$. This is just speculation!!!


$5-10 per share is 20-50x approximately. I don't see how you can reach it within few months - the platform won't be fully operational.
If we do reach that price, it will be more speculations than a price based on real value and real market cap.
I guess it will swing around for few months before it will start to climb steady

You'll be amazed how fast ICN Market Cap can rise once Fiat investments start flowing in.

Winklevoss Bitcoin ETF is almost ready. Institutional investors anticipated it for years, so they can invest in Bitcoin without exposure to BTC volatility. That's expected to take BTC price to next level.

ICONOMI Performance & Index funds are already here. They will bring FIAT investments to crypto world like we've never seen before.

People who are reluctant to invest in Crypto crowdsales for lack of technical knowledge, or time or fear of being scammed, can finally invest safely in ICONOMI Performance & Index funds so they don't miss out on next big projects.

I won't be surprised if ICN reaches $10 in first few days.


Quote
You'll be amazed how fast ICN Market Cap can rise once Fiat investments start flowing in.
True, but it can't happen before the platform will be fully operational and have the legal part covered. And that will take ~6 months from now, maybe even more for the legal part

If they can build a regulated business like Cashila & and app like ICONOMI, they certainly have the technical & legal know-how to build a fully regulated Open Fund Management Platform.

They just have to add Open Fund Management functionality to existing ICONOMI app to allow fund managers to create their own funds & for investors to follow their trades... but the trading ICONOMI platform is already on iOS app store, you can download it today.

This is why I'll be buying some more ICN at launch before it sky rockets...



Good Post Wink

Open Fund Management (OFM) Platform will be huge.  

Social trading sites have become very popular.  One of the biggest is etoro.com

http://www.coindesk.com/etoro-launches-bitcoin-trading-3-million-users/

http://www.financemagnates.com/cryptocurrency/exchange/etoro-reports-spike-in-bitcoin-trading-amid-higher-volatility/


There are already 10k to 60k users on etoro actively trading bitcoin.  These are all users who would be interested in using Iconomi's OFM platform.  Potentially tens of thousands of users using this platform for a real purpose.

Let's make a list of cryptos which have thousands of people using the crypto for more than just speculation:

- Bitcoin
- Ethereum

Go ahead and rush to sell your ICN when it launches on exchange, or when the first dividends come in, then cry when OFM platform launches in 2017 and you see the value of having a real user-base reflected in the ICN price.