Quote from: Enjorlas on December 16, 2016, 05:52:21 PM

Quote from: LeonardoDaVinci on December 16, 2016, 05:41:27 PM

Quote from: mtnsaa on December 16, 2016, 05:12:07 PM

Quote from: jackiedragon on December 16, 2016, 04:12:46 PM

Quote from: Raxitto on December 16, 2016, 08:31:29 AM

Quote from: 435613422 on December 16, 2016, 04:08:48 AM

This don't make sense to me. Why the dividends are not paid back as ICN? If it was to be paid in ICN, then ICN price will rise instead of ETH, right?

Shocked

even being a noob.... stop and think...

when Microsoft or other corporations pay dividends, to their stock holders, is always monthly/quartal/annually in dollars....
they will never pay the dividens in more stocks...
so why ICN should do that??

Like i wrote ... the dividends will be paid in ETH because the smart contract for the distribution is only paying in ETH, because ICN is an Ethereum based Token!

And I think the ICONOMI team mentioned there will be an option where you can automatically let your ETH dividends been sold at the ETH/ICN price at that time. So you will automatically will receive ICN if you wich!

How can ICN pay dividends in ICN if there's no inflation? The trolling here is out of control.

I think it would be a good idea for Iconomi to integrate a conversion utility built right into the platform (like shapeshift but also offering fiat) and charge fees for every transaction. A lot of people would want to convert that ETH into BTC or other currencies right away and this would be very profitable to do if they choose to do it onsite.

Exactly, ICN is fixed at 100m coins FOREVER. Where do you expect them to get more ICN for Dividends?
That's why Dividends will be paid with ETH.
Plus ICN operates on ETH blockchain, which is perfect for Dividends payments in ETH.

They could get them the same place they get ETH; the open market. I'm not saying they should but why are people saying this is impossible?

I am pretty sure that in the future we will be able to exchange ICN, ICNX, ICNP and ETH on the Iconomi platform. I think the team behind Iconomi stated that they might offer an option to automatically sell your ETH dividends for ICN for the current market price on their website.