Because the whales of the universe still need to have the experts invest for them. their own time would be too precious.
My worst investment for the latest 6 months. Let's see if ICN can recover till the end of the year.
Me too, I got in about 6 months ago. I dumped half after it doubled to take out my initial investment. The rest I will just let it ride. It's like free money so even if it goes bust I am not out anything.
ICN just has piss poor management and their communication sucks. The future will be bright once everything is rolling.. assuming that regular investment portfolios are still prohibited from investing in crypto. If Fidelity can start investing directly into crypto their won't be much need for ICN. Why would anyone learn crypto and jump through the hoops and verification if they can invest directly within their 401k?
don't be too us-centric as there is a whole world...
anyway we were told that ICN does not want american clients.
The USA is not welcoming towards crypto, why try to get American clients for ICNX and the DAA right now when it is legally not possible? That would be a long and drawn out battle with no guarantee of success, it makes sense for them to dedicate their resources towards the European markets where they will not meet nearly the same amount of resistance. Iconomi trying to get their index funds though in the USA when the Winklevoss twins can't even get a BTC ETF through would be idiotic. After a BTC ETF (hopefully eventually) gets through in the USA, that would signal the doors are opening here.
I don't know how you read my statement and came away thinking that ICN should focus on getting US customers. Reread it if you must. My point was that when people can directly invest through regular brokers there won't be much of a need for ICN.
Columbus Capital LTD will be a minnow in a lake of big investment groups. Have you tried googling it ? When I tried my hits where for places in the US, Australia and articles referencing the partnership with Iconomi. Columbuscapital.com is on the second page of 2 pages of results