Save me from being scammed by people like you who are disseminating harmful and malicious misinformation? Why should anybody give any credence to your words? You are a self proclaimed Iconomi troll.
Further, reasonable investors are looking at it an thinking, what is the real value here, now? They buyback at these small levels does not produce scarcity... what is the upside.
The real value is an asset whose market will have revenue injected into it periodically. No more worrying about whether or not speculative traders decide to buy and raise the price, there is now a guaranteed source of buy pressure.
What would the upside have been of dividends worth fractions of a penny? Of course this initial buyback is at a small level, the dividends we would have received instead would have been laughably small too (1.2x10-4 dollars/ICN based on my calculations for the 1000 ETH), if things go well that will never be the case again in the future. But go ahead and sell now before the platform is released and before the remaining millions of dollars of investments are made into ICNP and the real revenue starts to come in lol.
It's not as though Iconomi is the first to choose buybacks over dividends, for christ sake do some research.
For example:
http://www.investopedia.com/ask/answers/021615/why-doesnt-berkshire-hathaway-pay-dividend.asp "Berkshire Hathaway maintains an aggressive stock buyback policy that puts cash directly into shareholders' pockets."
And let's consider the fact that the Iconomi team holds, what, 13% stake in ICN? So you think they are going to purposely do something that will harm their own profits/revenue from that stake? YEAH, that makes A LOT of sense. We don't even have to trust the Iconomi team as long as we trust that they have their own self-interest in mind. This is why it is important for companies to have a vested interest in their own success.