Quote from: vhong on April 01, 2017, 02:29:13 AM

Quote from: juanp11 on April 01, 2017, 02:11:33 AM

So the dividend is no longer a thing now?

Yes, it was such a great move on the part of ICONOMI team. The result is very positive on the price of ICN.

I am not sure that is great at all. The change seems like a betrayal of what made the ICO on this one good...

If ICN is finally listed on Polo, god help us all, now. There will be massive swings, down, probably, with whales trying to force more ICN off the market... or they will do it on Kraken. I am just speculating, of course, but if you think about whale behavior, a down week or two could result in a lot more ICN being removed from the supply, from the buyback, which might be good if you can hold on long enough.

Additionally, how long will the buyback last for? Are we talking a year or for a few quarters? Honestly, this buyback round might remove 84k ICN, which a drop in the bucket... assuming the price does not boom or bust over the next quarter. They did not even mention a target of ICN to buyback, unless I missed it, did I? A 1000 ETH does not matter to me since it does not tell us what the targert supply is....

Ah time will tell, I guess, but is sort of a disappointment since I had been holding versus trading this one... and buying on the dips...