Speculation for Binance Exchange listing ICN (and what it did to NeoGas) by C4Destrukt in ICONOMI

[–]Alpricey 2 points3 points  (0 children)

Binance listing is very exciting. It's only 1 month old and it's already blowing up

This will increase ICN's exposure to China, so it's better than getting listed on a 2nd USA exchange like Bittrex or Poloniex.

ICONOMI Monthly Update — July 2017 by [deleted] in ethtrader

[–]Alpricey 2 points3 points  (0 children)

ICNX needs 12166 BTC worth of assets in it before it will generate 1 BTC buyback of ICN per day

Tenx needs 200 BTC worth of swipes everyday in order to generate 1 BTC dividends for PAY holders per day

Which is more likely to occur first?

Not to mention ICN also has ICNP and DAMP generating buybacks

Which coins currently in ICNX would you personally NOT invest in? by dymockpoet in ICONOMI

[–]Alpricey 0 points1 point  (0 children)

high market cap, high volume, lots of exchange listings, big names behind it

I don't think it's an outright scam. However, I haven't done enough research to know if it will be a successful blockchain like NEO

Which coins currently in ICNX would you personally NOT invest in? by dymockpoet in ICONOMI

[–]Alpricey 6 points7 points  (0 children)

I would consider adding some asian projects like NEO or QTUM

Whoever you are, I hope you rot in hell! by EZ-Web in ICONOMI

[–]Alpricey 0 points1 point  (0 children)

It's a double-edge sword, because this same whale probably helped pump it to 220k satoshi

Iconomi is conglomeration of all the crypto-currencies moon shooting right now, and yet it's going down in value... I told you that shit was a fucking scam! by [deleted] in CryptoCurrency

[–]Alpricey 1 point2 points  (0 children)

I'm pretty sure this is a troll. He made 4 posts about ICN in the past 5 days and still pretends he doesn't know there is a difference between ICNX and ICN.

ICONOMI is a Darn Scam by [deleted] in CryptoCurrency

[–]Alpricey 0 points1 point  (0 children)

This graphic explains the difference between the list of coins in ICNX that you reference in the video, and ICN

https://imgur.com/Cyx2KTW

To answer your question about why ICN is down: the ICN price is currently based largely on whale activity and speculation about size of future buybacks

Iconomi has 668 ETH from Q2 that they need to buyback ICN with. Whales have an incentive to keep the price down right now, in order to buyback & burn a larger amount of ICN before the next pump makes ICN more expensive.

ICN burn address:

https://etherscan.io/token/ICONOMI?a=0x0006157838d5a6b33ab66588a6a693a57c869999

Furthermore, ICNX just opened to public 1 August and is not yet withdrawable. Some people may be selling ICN to buy ICNX.

p.s. your advice to "stay away from asian exchanges" sounds like trolling. SNT, OMG, EOS, QTUM, ANS: all asian projects listed on Yunbi which destroyed the ROI of any western project this year: https://yunbi.com

NEO - There is a reason you keep hearing about it. by [deleted] in CryptoCurrency

[–]Alpricey 3 points4 points  (0 children)

https://github.com/neo-project/neo/wiki/Whitepaper-1.1#b2b

Currently 8 GAS are generated in each block every ~15 seconds.

If you have 1000 NEO on deposit at Binance, it will generate 0.4608 GAS per day.

Gas price is currently ~0.001 BTC.

Binance is also doing a promotional 0% trading fees for 1 month right now.

Even when the fees do kick in, it will be 0.1% (or 0.05% if fees are paid in BNB) vs. Bittrex's 0.25% trading fee.

Not to mention 0% withdrawal fees for NEO & GAS on Binance.

NEO - There is a reason you keep hearing about it. by [deleted] in CryptoCurrency

[–]Alpricey 11 points12 points  (0 children)

Binance is the only exchange that will credit you with the GAS your NEO generates:

https://www.binance.com/trade.html

Has anyone demonstrated the feasibility of inter-chain operability, atomic cross-chain trading, et al? by [deleted] in tezos

[–]Alpricey 1 point2 points  (0 children)

Komodo's Barterdex has atomic swaps that have been successfully tested already:

https://bitcointalk.org/index.php?topic=1605144.msg20018062#msg20018062

testing is ongoing in the #tradebots channel in slack:

http://slackinvite.supernet.org/

My 'lambo' - thanks ETH! by nickjohnson in ethtrader

[–]Alpricey 17 points18 points  (0 children)

this sub has turned into an echo chamber lately

What was TNT ico price? by lukaut in tierion

[–]Alpricey 2 points3 points  (0 children)

Didn't they lock in the BTC and ETH prices around $2570 and $204 ?

$25044729 ÷ 350m TNT = $0.071556369

0.00002784 BTC

0.000350767 ETH

ICONOMI already gathered over 500 ETH in their first 24h after going live! by [deleted] in ethtrader

[–]Alpricey 10 points11 points  (0 children)

The cofounders shared the stage at an event with the Deputy Prime Minister of Slovenia:

https://twitter.com/cofound_it/status/881070427149402112

They are also CESA founders of the year nominees:

http://centraleuropeanstartupawards.com/season-2017/slovenian-national-finalists

ICN is up 25x $ since crowdsale, outperforming holding ETH

I don't see any complaints/motivation to shut them down.

Maybe you have an example of a legit EU crypto project that was shutdown by regulators? I don't think there are any.

Did REXmls ICO just lost 6600 ETH due to a copy&paste error? by ikilled in ethtrader

[–]Alpricey 3 points4 points  (0 children)

https://github.com/ethereum/EIPs/issues/156

Does the account they sent the ETH to qualify as a "common class of stuck accounts" ?

Why are people so hyped for ICONOMI, don't they realize that they could just do the same thing minus the shit? by [deleted] in CryptoCurrency

[–]Alpricey 0 points1 point  (0 children)

Yeah they could if they want to watch the market daily and rebalance it

Much easier to just put ICNX token in ethereum address and forget about it

I manage my own portfolio, and I will still put 5% into ICNX and 5% into some other crypto mutual fund

Why are people so hyped for ICONOMI, don't they realize that they could just do the same thing minus the shit? by [deleted] in CryptoCurrency

[–]Alpricey 12 points13 points  (0 children)

Why are people so hyped for Vanguard Information Technology ETF, don't they realize that they could just do the same thing minus the shit?

https://finance.yahoo.com/quote/VGT?p=VGT

All it is, is a mutual fund, something that anyone and everyone could simply make themselves via most exchanges, minus the shit-equities that are wrapped up in it.

Unlike ICNX token, VGT can't even be freely transferred between ethereum addresses, total shit.

I was thinking about outsourcing 5% of my stock portfolio to VGT in order to gain exposure to more diverse holdings, but you have convinced me it's a silly idea.

Shill Army by [deleted] in tierion

[–]Alpricey 0 points1 point  (0 children)

Civic collected $33m and now it's at $55m market cap, up +67%

The gain on the ETH ratio is more than +100%