Quote from: tomkat on November 28, 2016, 03:35:23 PM

Quote from: Daparski on November 28, 2016, 03:20:49 PM

Quote from: tomkat on November 28, 2016, 03:10:37 PM

Quote from: Daparski on November 28, 2016, 02:51:24 PM

Quote from: tomkat on November 28, 2016, 02:45:20 PM

Quote from: Daparski on November 28, 2016, 02:14:23 PM

Quote from: tomkat on November 28, 2016, 02:05:50 PM

Quote from: someonesomeone on November 28, 2016, 01:49:32 PM

The most interesting part is that Iconomi keeps growing its funds due to the BTC rise and next week when LSK pumps it will go even higher. Fun times ahead on all fronts here

It would be interesting if they promised to pay dividends in USD.
Otherwise it all depends on BTC/ETH price, and the prices of other cryptos they (will) own.

No it doesn't. You can convert your ETH dividends to any currency, crypto or fiat immediately.
I don't see any problem here.

Yes, I can do it, but Iconomi must buy ETH to pay dividends.
If they have 1 BTC now and ETH is for 0.012 then they can buy 83.33(3) ETH, but if ETH will be 0.013 in a month then with the same 1 BTC they will have 76,92 ETH.
If that 1 BTC worth of ETH was used to pay dividends then with lower ETH prices ICN holders would receive more ETH.

uuh, what?
Dividends are distributed from realized profits. If they already made profit, why would they buy eth?
At the time those profits were made, their net worth in ETH was X. So each ICN will receive X/100M

For instance: ICN bought Golem.
If they sold it now on Liqui, they would receive BTC, so in order to pay dividends they would need to buy ETH, right?

They have almost 200K eth, they have fiat.. I am not sure why this even matters? You need to get X eth as dividend, you get it. How they get it is their decision.
Paying dividends in fiat? Grin

Are you serious?

BTW - I doubt Iconomi will use Liqui to sell Golem

I never said they will use Liqui - read that sentence again please.

Also, I never meant they pay dividends in fiat - just said that BTC rise would matter IF they promised to pay in USD. Obviously 200k ETH can be used for dividens (for the start), but they will need more ETH. You seam to be missing long term perspective. It doesn't really matter what they have now, but in long run they will need to track many exchange rates from/to many cryptos. Profitability of their operations will depend on the performance of their holdings, and countless exchange rates.

Donno why I get myself into these meaningless conversations..

You never said Liqui, you never said dividends in USD.. Not sure what you said. BTC rise would matter is too general, it's like saying nothing.
I don't think they will pay dividends from ICO money, it would make no sense. Dividends will probably be paid from realized profits. If you don't want to be exposed to any price changes, you can convert them to your favorite toilet paper money.

Really didn't get what this conversation is about.