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Showing 20 of 20 results by outbox vision
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 10/04/2017, 22:14:27 UTC

You are right.When will ICN holders get benefit from these investment? what is the point of investing with ICN ICO funds when they

ICO participants are up 300% already
What was the ICO price?I think it was 22k and now the price is 37k how is it 300%?I am confused

I think he's talking $ wise, but that's bc of btc price appreciation
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 01/04/2017, 14:23:27 UTC
So right now ICNX is valued at 0.3$ per coin. Is it at that price that we pay to purchase 1 coin ?

yepp, one ICNX token. Price is changing accordingly to the price and weights of the underlying assets
And where can we buy Icnx?is it available on any exchange?

Kraken and Liqui for now

what? ICNX is available on Kraken?

Is this true? So how do you get ICNX tokens - what the total supply in circulation?

No, it's not available on kraken Smiley)) so much bs over here
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 30/03/2017, 11:24:56 UTC

Hello sir,where can I buy this ICONOMI.What is current price and how soon will it be $1?

you can buy it on Kraken or Liqui, i would advice to go on kraken because there's better liquidity. ATM the price is $0.63
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 29/03/2017, 15:31:28 UTC
The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion.  I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.

is clear that you don't understand what is going on, so do me favour and read this article and stop the fud.

https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530fe

I can read...and I can do math.... but you seem to be naiv. Why Fud?? I loved the project.... my ICN's were on Iconomi site since ICO.... but today transferred to Exchange. Now only day trading. No more holding.

With Dividends, I would have to do nothing.... just getting ETH every week. Now I will have to see if price went up, have to sell some, do calculations to maintain % of Iconomi etc. Good for Iconomi, bad for Investors that wanted mainly ETH as dividends. As more as I think about, more I think I gonna sell all my tokens. Take this nice profit from ICO and buy back into ICNX or ICNP.


by all means, do it, sell it all, let me be a fool for buying them Wink

I can see...one more child with 1 ICN...hahhaha.....Ok, will do, gives me over 400% Profit from ICO... more than good to me.... will be happy to buy them back later for 0.000250 again... and then sell them to you again for 0.0006

YEP, i will buy at any price until 1.5 $ so you can rest assured you have at least 1 customer Wink see you in a couple of YEARS, let me be the fool now, i'm happy to do it.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 29/03/2017, 15:18:21 UTC
The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion.  I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.

is clear that you don't understand what is going on, so do me favour and read this article and stop the fud.

https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530fe

I can read...and I can do math.... but you seem to be naiv. Why Fud?? I loved the project.... my ICN's were on Iconomi site since ICO.... but today transferred to Exchange. Now only day trading. No more holding.

With Dividends, I would have to do nothing.... just getting ETH every week. Now I will have to see if price went up, have to sell some, do calculations to maintain % of Iconomi etc. Good for Iconomi, bad for Investors that wanted mainly ETH as dividends. As more as I think about, more I think I gonna sell all my tokens. Take this nice profit from ICO and buy back into ICNX or ICNP.


by all means, do it, sell it all, let me be a fool for buying them Wink
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 29/03/2017, 15:00:10 UTC
The first buyback is only around 85K ICN's...spread over 90 days.... so they go to buy back around 1000 ICN a day.... that's nothing...That will not effect the market price... For me the decision to go the buyback way is 100% against what I expected and what was promised with ICO. We are owner of the platform, and Iconomi decides to change the basics. That's not fair in my opinion.  I want ETH as Dividends... my % of Iconomi would be the same...but I would earn ETH, which in few years is 1000 times more worth than ICN.

is clear that you don't understand what is going on, so do me favour and read this article and stop the fud.

https://medium.com/@theDAOKING/the-iconomi-burn-crypto-buybacks-f9edb30530fe
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 29/03/2017, 00:54:04 UTC
This is assuming the public still want to buy ICN correct? What If no one wants to buy. What incentive does someone have for buying

The same as buying bitcoin or any other coin for that matter or shares that do not pay dividends.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 29/03/2017, 00:44:02 UTC
Can someone help me understand why someone would benefit from holdin ICN now? I understand my "stake"/"portion" of the company will increase but what's the benefit of that? Also, assuming no one is buying how would price increase other than by the devs making "mini pumps" as they buy and burn

If nobody is buying it means by default there's no selling, so each time iconomi would buy, the supply will be diminished and since there's no selling because nobody is buying the same market cap would be divided on less supply, hence higher price / token.

people, understand that this change is the same thing, the only difference would be that they do the "compounding" for us and it works the other way around, instead of buying more shares to receive more dividends, you have less supply which leads to the same effect, in fact this is much better for the small investors.


----

With burning coins, maybe the price of each ICN would get higher (its no guaranty about this), but in order for you to actually use those gains you would need to diminish your amount of ICN and in the end have none. So, if the project its a success you will be able to actually enjoy the gains only by getting out of the project.

No!!!


ICONOMI burning coins INCREASES YOUR PROPORTIONAL SHARE in the ICN tokens that are left.  If you then choose to go and sell just enough coins at the theoretical slightly-higher price to PUT ONLY THE TRANSMITTED PROFIT IN YOUR POCKET, then the coins you have left represent the SAME PROPORTIONAL SHARE IN THE ICONOMI PROJECT that you had before the burn / profit distribution.  

IF you correctly limit your personal ICN token sales after a burn / profit transmission, THEN you maintain a constant proportional level of ownership in overall ICN tokens PLUS you put profit from the ICONOMI project in your pocket.  

BURNING PROFIT ICN NEVER FORCES ANYBODY OUT OF THE ICONOMI PROJECT.

THE KEY METRIC IS NOT HOW MANY TOKENS YOU HOLD - IT IS MAINTAINING A CONSTANT PROPORTIONAL OWNERSHIP IN THE PROJECT.


this message has to be posted on every page until is clear for everybody
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 28/03/2017, 23:19:38 UTC
With burning coins, maybe the price of each ICN would get higher (its no guaranty about this), but in order for you to actually use those gains you would need to diminish your amount of ICN and in the end have none. So, if the project its a success you will be able to actually enjoy the gains only by getting out of the project.

No!!!


ICONOMI burning coins INCREASES YOUR PROPORTIONAL SHARE in the ICN tokens that are left.  If you then choose to go and sell just enough coins at the theoretical slightly-higher price to PUT ONLY THE TRANSMITTED PROFIT IN YOUR POCKET, then the coins you have left represent the SAME PROPORTIONAL SHARE IN THE ICONOMI PROJECT that you had before the burn / profit distribution.  

IF you correctly limit your personal ICN token sales after a burn / profit transmission, THEN you maintain a constant proportional level of ownership in overall ICN tokens PLUS you put profit from the ICONOMI project in your pocket.  

BURNING PROFIT ICN NEVER FORCES ANYBODY OUT OF THE ICONOMI PROJECT.

THE KEY METRIC IS NOT HOW MANY TOKENS YOU HOLD - IT IS MAINTAINING A CONSTANT PROPORTIONAL OWNERSHIP IN THE PROJECT.


I'm sharing this message because i consider it being the perfect explanation.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 26/03/2017, 23:02:52 UTC
Does anyone have access to the plattform, who has not registered for beta-group?

Not yet. Still on beta release. Next is public which is soon

yes and no ; we are still on beta but next are ICO investors based on the amount they've invested, after that list is completed public will follow.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 26/03/2017, 11:10:58 UTC
This is like one of the shittiest assets ever

can't even pump properly.

 Roll Eyes

this is a asset for real investors, value investors which understand the long therm game, go buy your P&D's on polo. and btw mate, the new definition of a asset is something that pays you after you own it, not just something that you simply own and does nothing, aka all your P&D's.

in other words, this is not the shittiest asset, is the ONLY asset currently on the market.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 22/03/2017, 14:30:39 UTC
there should be a chart for icn/usd not btc

anyone have any idea why the price pump to 47 cents then drop ?

i've shared my humble opinion on that, click on the link above.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 22/03/2017, 13:51:14 UTC
I've posted an update on TV for everybody who want to hear my opinion, i may turn out to be completely wrong, time will tell.

https://www.tradingview.com/chart/ICNXBT/BP9baRLZ-For-those-who-have-eyes-to-see-and-ears-to-hear-SHORT-term/

let me know in the comments what you think, i'm curious and very responsive.

Good that you mentioned you are Nostradamus. Most of the time, the market dynamics that drive price up is the good news. I could remember last year when Ether was in bear run, some people were coming out with some technical chart that proofs to be wrong. A good update is enough to pump the price to ATH

But i said i'm not Nostradamus, the fact that you say otherwise proves my fundamental point, people read between the lines or not at all.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 22/03/2017, 12:40:43 UTC
I've posted an update on TV for everybody who want to hear my opinion, i may turn out to be completely wrong, time will tell.

https://www.tradingview.com/chart/ICNXBT/BP9baRLZ-For-those-who-have-eyes-to-see-and-ears-to-hear-SHORT-term/

let me know in the comments what you think, i'm curious and very responsive.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 19/03/2017, 18:42:06 UTC
I am holding! I will sell only if ICN reaches 10$

I don't believe it ever will, but even if why would you sell at all ? If ICN was so high, it would be for a reason, for example because would pay good dividends from fees.


Let's make calculations for ICN to reach 10$, what investment volume would it need.

For pessimistic scenario where total fund performance is 0% or negative, that would require an annual volume of: (https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.i283sh6r2)

(X*0.01)/100M ICN = 10$;
X = (10*100M)/0.01 = 100 KKK$

If investors are expecting 100% ROI after 3 years that would require 33.(3)KKK annual investment volume.
For comparison total cryptocurrency market Cap: $23KKK (https://coinmarketcap.com/)

So investment volume would have to reach ~1.4x what all cryptos all worth right now.

So yeah we will not see this happening any time soon.


There is one fatal miscalculation on your part. You assume markets behave rationally.

It is already irrational original investors paid 0.07$ on average per 1 ICN, so that is 4.2x current price.
For comparison initial btc price in 2010 was 0.08$, but btc has 4x lower number of coins + it is useful.

is there anything rational about the growth dash had ? or etherium for that matter ? i'm sure people said the same about ETH in ico and look at the price today. Do that forget the very niche we are in, it requires shit loads of capital, consider 500-1000 funds on the platform and do the math, when OFM will come things will change. As you may know we can't even invest in a hedge fund today, in order to do that we need to be accredited investors that means we must have 1mil $ to invest and to have made 300k $ / year for 3 years in a row, only then our money can be accepted, OFM is gonna change all that non-sense.
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Re: [ANN] ICONOMI - Digital Assets Management Platform
by
outbox vision
on 19/03/2017, 18:25:50 UTC
Iconomi - a LONG story that nobody cares to understand
trading idea and price prediction for ICNXBT (KRAKEN:ICNXBT) from trader outboxvision (2017-03-18):
https://www.tradingview.com/chart/ICNXBT/NV5zArPk-Iconomi-a-LONG-story-that-nobody-cares-to-understand/
 Smiley

That's actually a cool article you posted. It sums up the current state of affairs:

Despite the fact that that ICN -0.15% got no pump during this recent bull run on basically all the alt coins out there, the fundamentals have not changed, i'm still holding and i'm gonna do it until 10$ but that's not what most people want because it is at least 2 year away.

Is funny how people are waiting for etf's here and there when they got a fund out of SEC approval right in their faces, ICN -0.15% is not just a coin that sits in the portfolio and does noting, you can see it as shares in the company since your're going to receive weekly dividends ( to get them you have to hold min 42ICN in your ether wallet) ; this project is a bit more complicated at first glance because we talk about ICN -0.15% , ICNx and ICNp which are 3 different things. And later on the OFM platform ( open fund management )


This project is due to news in 2-3 weeks, ICNx is about the launch the beta phase, if people would do their research ICN -0.15% would be at 1.4$ by now but at some point they will, it's inevitable, meanwhile is a screaming BUY.

thank you for supporting the idea, as i've been reading this thread from the page 1 i couldn't help but notice that we have too many traders looking at ICN as a trade, waiting for that pump to sell, i guess they're playing the game and i can't blame them for that, but i can blame them for lying to themselves or creating false expectations and then complaining about them, i get the sense that ppl are waiting for a full icnx launch when in fact we may get a limited launch, that being people who invested in ICO will be invited based on the size of the amount they invested, after they are in, then everybody else will follow.

I'm a investor, nothing can move my bag until my target is reached and that's super long term but i guess if this happens weak hands will be shaken, we may even see another fud campaign. All i'm asking you ppl is to do your research and understand the fundamental difference between a investment and a trade, to my point of view traders are going to have this year but 2018 will belong to the investors and that's the side you want to be, when the OFM platform will come, it's gonna be a game changer, at that point everybody will do their homework on Iconomi and money will come flowing from all directions.

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Re: [ANN] [ICO] TaaS: Token-as-a-Service | Closed-End Fund
by
outbox vision
on 26/02/2017, 02:00:22 UTC
interesting project to watch, i joined the newsletter and slack to keep it close. let's play!
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Re: [ANN] ICONOMI - Fund Management Platform
by
outbox vision
on 14/02/2017, 02:33:24 UTC
What do you guys think about asking the Iconomi Team to lock this official thread, and then redirect everyone to the moderated one that Enjorlas created here: https://bitcointalk.org/index.php?topic=1789046.0  ?

it's a good idea but i'm not sure about the timing as it may fuel the fud even further, since kids will have the opportunity to spread new messages like "devs are running from us and so on" the intention has to come from lots of people, if so, i'm up for it as well.

on a personal note, i think everybody should have at least 1000 ICN and forget about it for about 2-3 years and then create another bag for closer management in and out, i think most people can afford to forget about 3-400$, ask yourself would you be happy with 1k ETH at this moment ? if so, i rest my case.

i feel sorry for new investors coming here and reading all kinds of crap about this project, it comes with the very nature of the space we're in, unregulated, everybody has a voice, is up to you, the new guy to do your research properly and you will be just fine.

PLEASE STOP QUOTING THE TROLLS, ALL YOU DO IS SPREAD THE FUD LIKE A VIRUS
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Re: [ANN] ICONOMI - Fund Management Platform
by
outbox vision
on 14/02/2017, 00:22:24 UTC
@ honolulumark

mate, please don't use the quote that way you spread the fud also on this page, we're trying to get rid of it Smiley))
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Re: [ANN] ICONOMI - Fund Management Platform
by
outbox vision
on 04/02/2017, 18:25:34 UTC
Hey Bagholders, sell ICN, buy VIDZ

fuck off mate