haha!!! I just realized why some of you are angry! Because Iconomi Just KICKED your butts and took away your ability to negatively manipulated the market!!

LOL

Read my old post:

Quote from: calvinstm on February 24, 2017, 01:05:46 PM

Quote from: spendawgs on February 24, 2017, 12:39:09 PM

I think it's a really GOOD idea. Its smart as fuck! What ideas do you have? Other than your shit username

Thank you for your support, and don't forget that people who trashed this idea might be part of the FUD group.

I'd like to elaborate on my thinking...

What most people fail to realize is that Iconomi is NOT your typical Cryptocurrency. In its core, Iconomi is pretty much a mix of "tech version" of an offshore hedge fund, a venture capital management firm, and a trading platform. As a fund management company, Iconomi's goal is simply to do everything in its power to maximize profit for its investors.

Keeping that in mind, I believe it would be most advantageous for Iconomi to intervene in ICN market -- especially when people with malicious intent purposely try to artificially suppress the price (to a level much lower than the fair valuation) by exploiting lack of regulations in the crypto trades & employing tactics such as a FUD campaign.

Also keep in mind: ICN is a very different Crypto than every other coin out there in the market today. It is bascially a proft-sharing scheme that pays regular dividends to its holder, and the "dividends" are actually profit from the platform itself.

By scooping up cheaply floated ICNs in the market, the ICONOMI team will ensure that 1) More profit can be reinvested into the service (instead of remitting to the bad guys who would pick up at a cheap price). 2) The profit will go to the holders of ICNP which will provide stability to the fund. 3) Less under-priced ICN tokens that can be picked up by the bad guys and used to influence the market in a manipulative way.

That's why I'd like to urge the Iconomi Investment Team to look into the possibility of intervening in the ICN market with the proposed ICN.Performance Fund.

It is true that ICO (or Crypto's version of venture capital) will be a major source of profit. However, don't forget that you can also earn a lot of profit while kicking bad guys' arses at the same time. Grin