Quote from: Mendeleev on April 05, 2017, 01:17:53 AM

Quote from: snkns on April 04, 2017, 11:57:31 PM

The team is so shady lately, I have absolute faith that they will launch the platform, or some major news, between now and first vesting. Pump will come this month.

The lack of communication is astounding. Just a week of solid silence after a dishonest blog post.

I'm just catching up with your posts (and others) here:

https://www.reddit.com/r/ICONOMI/comments/63cvyt/can_someone_prove_mathematically_that_buybacks/

... and I recommend this thread to others. Some very good points being made here, and in a couple of other threads.

And to Move_Crpyto, the calculations you keep repeating only represent a theoretical outcome that won't necessarily play out in reality. They are sound calculations within their own framework, but ultimately worthless as a comparison, or a model of prediction, because there's too many other factors to consider. Sorry, my friend. It would be nice if things were so simple, though.

Snkns, Yaksbeard, and others are doing an excellent job of explaining various problems they see and, in my opinion, these arguments have yet to be refuted properly. They're bringing a lot of sense into a space where people aren't thinking about things in enough depth. It's refreshing to see more valid criticism being posted. Keep it up!

There was a lot of confusion from people who incorrectly thought the repayment plan was a fundamental change to the business model or that ICN no longer represented a share of the profits from Iconomi platform.

My calculations are valuable in providing a clear example of how buyback & burn vs. dividends are two different methods of distributing the same amount of profit.

The primary difference between the two profit-sharing methods is a psychological/marketing one. That and buyback & burn provides liquidity to the ICN orderbook instead of the ETH/BTC orderbook. Buyback & burn may also provide an incentive for people to cheer for dumps in order to burn a larger amount of supply at a lower price.

snkns and yaksbeard bring up some valid points as they play devil's advocate. One motive for a lot of people choosing to express their concerns so adamantly at this time could be to create uncertainty in an attempt to get buy orders filled before the flood of good news: product releases, marketing campaign, increased transparency.