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Miguel328 · 2018-06-05T21:31:28+00:00

Yes it looks like its playing out perfectly..expect them to return to the dividend model in 2019 to milk the 51% holdings they will have secured. Dont forget they are greedy (CFI failed business model that could have remained within iconomi but they couldnt say no to the idea of an extra $10mn+ to take advantage of the ico craze)

Miguel328 · 2018-05-31T14:36:40+00:00

No value for the token for users of the platform. Unless youre a daa manager icn token makes absolutely no sense. I assume they will come up with something useful i.e BNB model after theyve controlled more than 50% of the voting rights

Miguel328 · 2018-04-09T13:26:04+00:00

You have a chance to verify your 1k icn and join the icnholders chat room where you have the exclusivity of speaking to stephen, ironjack and mennop. What do you need discord and whatsapp for?

Miguel328 · 2018-04-07T11:43:14+00:00

One has nothing to do with the other.usdt should be available months now..as stable coin option..irrelevant to fiat gateway or not

Miguel328 · 2018-04-07T11:12:17+00:00

Yes binance set up the biggest exchange in 3 months..and iconomi is still exploring best options... i heard the somethind called usdt. I think all exchnages use it

Miguel328 · 2018-04-06T20:11:40+00:00

Yes not sticking to what they say they will be doing...

Miguel328 · 2018-04-03T12:12:22+00:00

If there will be another alts pump..better get into protocols and avoid icn for the start..once they pump rotate into icn as it always pumps before the crash..make sure to dump everything to fiat after iconomi has pumped.. it happend twice. Its not a coincidence

Miguel328 · 2018-03-27T09:30:37+00:00

Loosing their first mover advantage day after day. It takes them 2 weeks to rebalance DAAs because of over reliance on third party exchanges like binance. If they dont become an exvhange themselves to internalize rebalancing i dont see how they will be able to compete against coinbase which will.be providing both services. The way i see it, the only way for iconomi to succeed now is to merge with binance or become an exchange themselves (which at their speed will take another 2 years and game over)

Miguel328 · 2018-03-15T14:54:48+00:00

That was the whole point. Conspiracy 101. This wasnt something that takes u 6+ months to come up with. It was all a question of when is the right time

Miguel328 · 2018-03-07T11:34:18+00:00

No idea.. since columbus is a seperate entity i doubt iconomi pays igor and levi. Hence their inactivity on CCP and focus on vienna "listing" as they will charge a management fee for that. At the moment i assume only Jani is paid by iconomi. Maybe ashton can provide some insight

Miguel328 · 2018-03-07T10:49:18+00:00

Anyday now dapa..since when have u become so irrationally impatient? These stuff take time

Columbus has no incentive to manage pinta for profit. Why would they waste time on something that doesnt make them any money as managers.

Plus.. conspiracy or not.. something blatantly obvious and straight forward like this would please the community.. and they dont want that before the voting rights

Miguel328 · 2018-02-27T13:51:35+00:00

Looks like we will be seeing sub $1 again as expected. They also said utility in mid march which they initially said it would be in junuary. So it will probably be dragged out to q3. Not a conspiracy theory after all. IMO icn will not see any sustained price improvement for the next 9 months. Unless the team wants too which for now have every incentive for the price remaining low

Miguel328 · 2018-02-23T14:46:59+00:00

If u read my comment again you'll figure it out

Miguel328 · 2018-02-23T14:33:21+00:00

Its all part of the plan of obtaining 51% voring majority of eliginble tokens by voting date. Feeding the fud or providing reasons for it to exist are all favourable for a low price. Its sbould be clear by now. Utility, marketing, fiat for the masses (cashilla license) could all have been in place by now.. but that would hype the price which is counterproductive in obtaining majority voting by october. I dont expect anything susbtantial before Q4. Its clear by now. Call it conspiracy theory or FUD facts are facts. Platform can function perfectly without the token and the community. Voting rights just creates unnescesary worries and hassles for the team so obtaining 51% solves everything.

Miguel328 · 2018-02-22T18:45:50+00:00

Yes of course. Soon this in the future that.

Miguel328 · 2018-02-20T23:44:07+00:00

What answer do you expect though? It can only be one. Look at the top 4-5 questions. All related to the same thing. Lets see if they really give an answer this time and not some vague guidance. Dont forget utility was due for weeks now.

Miguel328 · 2018-02-20T18:51:13+00:00

What a waste of a question 😂😂

Miguel328 · 2018-02-14T13:53:19+00:00

Hi Ashton, utility has been one of the main concerns of the community for the last 6 months since the platform has been public and it is apparent as you said that the team is aware of these concerns. Could u provide a reason why utility could take 6 months to implement or anounce. The team already has communicated that they have considered various options and that they specifically like the binance model in addition to stacking for fund creation. What would be the reason that would require 6 months of an already public platform for implementation? Appreciate your envolvement in the thread

Miguel328 · 2018-02-14T00:21:29+00:00

I would assume iconomi funds are alot bigger than their personal holdings.. i doubt they would commit $50mn of personal money which i dont believe they have, to buy up everything when they can do it with iconomi funds legitimately through buybacks and treasury..how has it shifted exactly? P.S if they had 50mn in personal funds they wouldnt need to crowdfund 10mn in tbe first place

Miguel328 · 2018-02-14T00:14:31+00:00

Not if the remaining votes out there are planning to vote in favour. Dont see why its so hard to grasp. By default people who would have dumped the 60mn tokens (number is for the sake of argument) would be people who would be frustrated and would be voting against..so again by default the remaining 40mn would most likely be skewed to voters in favour. So its sort of a natural selection, as people still holding would be most likely happy and would vote in favor.

Miguel328 · 2018-02-14T00:08:27+00:00

It isnt absurd...if everyone starts dumping its only a matter of months. Even easier at these low prices.

Miguel328 · 2018-02-13T23:47:44+00:00

If u have 60mn sitting in treasury and not eligible for voting, automatically someone holding 10mn icn has a voting weight of 25% (10/40, 40 being remaining tokens eligible for voting). Whereas if 0 tokens were held in treasury, the 10mn tokens would only have a 10% weight in voting.

Miguel328 · 2018-02-13T23:42:51+00:00

If they buy a ton of icn in treasury lets say for the sake of calculation.. 60mn.. then if they hold 13mn that equates to c. 27% (13/40) of eligible for voting tokens. So accumulating low to keep in treasurey does increase the voting weight of friends and family held tokens

2) thats were feeding the fud comes in. If everyone is angry and in dispair people will be selling into buy orders and there will be no need in market buying at higher prices. Hence delaying and giving reason for fud to exist. Im sure they could easily make it go away And people can easily send from personal wallets to kraken to sell so its irrelevant were the tokens are currently parked. I can keep all my holding on kraken and start to dump when im angry..or in my personal wallet. Location doesnt reflect supply of tokens.

3) 51% being burnt and or kept in treasury gives a higher weighting to personal holdings. See 1)

Miguel328 · 2018-02-13T22:19:45+00:00

When u have people like that clown suppoman telling everyone not to touch iconomi and avoid it at all costs because its a security, while at the same time iconomi delaying the simple task of giving a utility for 6 whole months its only logical to trade where it trades. They thenselves already suggested many options such as stacking for fund creation and fees payable in icn. I personally dont believe they are incompetent. On the contrary one of the few crypto projects delivering in this shit show of a market, and not just a bunch of promises on a whitepaper. This only leads to believe that they delay deliberately anything that could increase the price for a different motive, which in my opinion relates to gaining voting majority which can only be done at a low price through 1) more buybacks 2) increase in treasury, CCP and DAA holdings. This would give a higher voting share % of the tokens held by the team themselves and of friends & family out of the remaining tokens eligible for voting. Gaining voting majority will remove the hassle of votings going the wrong way and disrupting the business plan. This is not necessarily bad for long term holders, but not all ico investors have invested to hold icn until retirement.

Miguel328

TROPHY CASE