Quote from: clixcoin on June 24, 2017, 05:35:59 PM

Quote from: ajhodge7 on June 24, 2017, 05:23:22 PM

I love the optimism about pricing here...just read how one of the top 10 long-term bond ETFs has north of $1T AUM. That is just one category of bonds (let alone short-term, government, treasuries...or equity growth, value, large-cap, mid-cap, blends, etc.)...meaning it may not even crack the top 100 ETFs with their AUM.

Assuming ICNX can get close to the top 100 ETFs (in comparison to the old economy) we are looking at $1T under management. 3% annual is used to burn tokens. That is about $82 million a day! A freaking day! Total market liquidity is not even $1 million on kraken exchange. So just on burning ONE of their products you are looking at 82x the amount of market activity compared to what is currently happening. One product... without even talking about ICNP, DAA, exchanges, etc. That is insane. Why would anybody think about selling at $5 or $10. If you truly believe in Crypto, then ICONOMI is a no-brainer long-term hold.

Let's start being investors instead of day traders. Go day trade on eBoost or some other crap. I use to be against ICONOMI bc of their PR, but they have come full circle. They care about producing a solid product and you see them at the big conferences speaking with the big boys behind the curtains. They aren't afraid to be in front of everybody. Once the U.S.A. can get their security laws in line with Crypto, this shit will fly off the charts. You will be looking at the $500+ range if that happens ($1 million daily liquidy, 82x that on ICNX alone if $1T AUM, meaning 100x price change minimum).

January 1st 2018 $10-20
January 1st 2019 $100-$250
January 1st 2020 $500+

BTW, anybody think Ardor is the next ETH? Or does somebody have another long-term hold??

People who have plan to hold this coin for long term will be winner so that I'm agreed with you. This project potentially has chance to grow more rapidly in long term I also have plan to keep going on with this for 1 more year.

What is your reasoning for only 1 more year? I know when ICNX opens up to the masses it will attract >$1 billion AUM. Just look at the top 8 currencies, all over $1B. That is such a small sliver of the entire market ICNX will attract - I'm trying to be conservative with my numbers. That means $7.5M worth of ICN burned every quarter, $82k per day. Once U.S.A. security laws open up the market you will see institutional investors dive in with both feet and this would be a necessity in their portfolio...that is when you'll see ridiculous growth. If U.S.A security laws don't bode well for ICN then you will still see >$1B AUM, meaning a $15 ICN price based on what the current crypto market cap is about $110B. 1% of that should be doable within a year. $30 million burned (if AUM reach $1B) which will be about 10% of the current ICONOMI market cap, which is 6,880,000 ICN burned.

So assuming the market cap of ICN stays at $380M and there is 87M ICN (which there is less I can probably assume), that gives you your current price at $4.36. Every 1M ICN burned is $0.05 on the price, meaning 6.88M ICN burned is $0.34 on the price...(***assuming the market cap does not change!). So once you factor $10M from ICNP, $30M ICNX, ???exchange, ???DAA, you are looking at $0.50 a quarter assuming the market cap does not change - which is impossible. Once you factor market cap hitting $1B in a year, a conservative 15M ICN burned, you can expect a price of $14 ICN.

That is 100% realistic. If you factor in FOMO and crypto taking off then those numbers are very VERY conservative. Long-term is greater than 1 year, not 1 year. This is a strong hold...understand the entire crypto market barely cracks the top 50 of the S&P 500.