Quote from: housebtc on November 20, 2016, 04:20:06 PM

Quote from: Daparski on November 20, 2016, 03:46:40 PM

Quote from: rapazev on November 20, 2016, 03:19:12 PM

if bitcoin start to consolidate at this price 720~ we might see a good spike in icn price. ICN is an "altcoin" too(token, i know) and with that, bitcoin pump have a big influence in icn price.
other coins/tokens are melting and ICN still at good price(a quick dump under ico but now it's up again) and holding. imagine what will happen when bitcoin settles.

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imagine what will happen when bitcoin settles

I think ICN price will be driven by the product quality (Iconomi platform and Iconomi indexes - ICNP and ICNX) much, much more than bitcoin price or speculations.
Currently, as the product is not ready yet, the speculations are playing a major role in ICN price. That will change once people will start using the platform and invest into the funds.

Good product-->large user base--> more funds managed on the platform-->higher dividends
And then based on the fundamental law of accumulation by Adam Smith, profits go back to production:
-->more platform features-->even larger user base--> even more funds managed on the platform-->even higher dividends-->...

Daparski, please I will like to know if you are working for ICONOMI in any capacity, you always seems to have answers to every issue raised concerning ICONOMI platform but your assumption of law of accumulation coming to play will be interesting to watch out for.

No, I don't work for Iconomi. I am not on a payroll, I was never paid or asked by them for my posts or anything else I do.

Since I really like the concept of Iconomi project, and I think that the timing for such a platform is right on spot, I did my due diligence thoroughly.
I can say that the more I look how the project is managed - the team (especially the team), communication with the community, new members that were hired, and pretty much everything around it, I am even more positive about the outcome.

Like MoveCrypto said - it is the only project out there that is not trying to invent, or build a complicated concept, and only then to hopefully build the demand and the market around it.

Iconomi will be a KILLER simply because:
a. There is a REAL demand and a REAL market out there. Iconomi are not inventing anything new, neither they focus on a niche, such as privacy.
b. The team is A+ and has proven to successfully work together and build a working product(s). They literally have a working, fully compliant fiat to crypto gateway.
c. Time to market is very short, the project is very well funded.
d. Timing - blockchain-based products and technologies will be all around in 2017. Giant tech firms such as Microsoft (blockchain-as-a-service in Azure), IBM (https://www.ibm.com/blockchain/ and IoT), Thomson Reuters and many others are already at the door.
e. No real competition in the horizon.
f. The team is A+

Like I said, I am 100% "people first" approach (as oppose to "business first").