I know it all depends on the success of their investments, but lets say they only return 10% in the first year (which is still impressive imo), would that mean 10% of 4.5mill so 450k turned into eth then split by 100million, so each icn see's 0.0045 usd/year? So if i hold 1000icn i see 4.5usd return a year as a dividend?
OMFG ... 4.5 USD year ? That is huge ... to the moon ...
So ... lets do some calculation ...
1000 ICN x 0.00020000 BTC\ICN (ICO price) => 0.2 BTC invested for 1000 ICN
4.5 USD in dividends 1000 ICN year => 4.5 USD 745 USD/BTC => ~ 0.006 BTC 1000 ICN year
So the ROI would be 0.2/0.006 => ... ~ 33.33 years ... this is huge wtf ...
So ... lets discuss further about dividends and where should you keep your ICN in order not to miss the precious dividends.
My prediction is like this: people will post pics with Lambos, and to the moon sheet, price will slowly go up until the dividends are payed because people are retarded and refuses to make simple calculations ... this will be the perfect time to sell ... people will smash their head on the cruel reality and will dump the tokens as fast as they can. So you will be able to re-buy them at ICO price ... or under. Then the next waive of delusional expectation will come.
This dividends BS is just that BS ... the real value is a pump and dump. IT has to be pumped to 5 USD, then people will dump to some stupid delusional guys thinking this will go to the moon. There is the profit. Then those will realized they've been high doing that and will dump also but at an ICO like price ... then normal people will buy back and voila ... profit. And the cycle will resume ... but not with dividends ... probably second cycle will be with the mighty "platform" ... sure ... managing funds. Of course no one really knows in practice how it will be. But is good to be use for another pump and dump.
I have to ask what stops people from demanding more ICN than since the launch?
Is Iconomi success dependent on bitcoin price rising or other work around being done for profit making?
I'd get in big time if really going to get paid some juicy dividends.
What juicy dividends? They invested a peanuts of 5000 ETH ... what kind of profit do you expect from this ?
I think we should focus more on the development of the platform rather than the price.
Most of the posts here is about the price
Really ... ? I am extra focusing ? ZZZZZZZZZZZZzzzzzzzzzzz ZZZZzzzzzzzzzzz ... and mega focusing. And sending positive energy ... What are you talking about?
The dev's have to focus on the development of what ever they are doing ... The investors are focusing on the price ... as high price means profit ... that is the goal.
It is ddos probably, happens to all exchanges.
No no no ... no ddos attack. Is just exasperated people clicking refresh to the page because of their sheety UI
ICONOMI writing contest #1
Because we want to engage and include our community and ICONOMI supporters, weve decided to kick off a new contest to get your digital currency knowledge and writing skills activated. This is for FUN, therefore no ICN bounties! Our jury will however select the best authors (one per token) who will randomly receive one of the following symbolic prizes: an ICONOMI hat, an ICONOMI t-shirt or an ICONOMI badge.We might use your texts (or parts of them) in our upcoming communications, especially on the open fund management platform website. We would like to tap into wisdom of crowds, and put collective intelligence to work and craft that perfect, short and easy to understand description of each cryptoasset, that will benefit our future fund managers as well as our individual and institutional investors. This is your chance to tell everyone what you think of a specific token, what it is, why you love it, why you think it will succeed, why it is different from all the others
To enter this contest, all you need to do is to write a short description of one of the listed 10 digital currencies (app tokens) below. Depending on the success of this mini-contest, next week we can continue with the next 10 tokens (sorted by market cap).
RULES:
1. Executive summary style (100 - 200 word limit. Summarise the main benefits and features to describe the digital currency/app token. Focus on the highlights - think elevator pitch... Try to describe what makes the project stand out/different from others.)
2. Facts only - everything must be 100% accurate and verifiable (sorry, no opinion pieces);
3. Include links to pages from where you obtained the information (Mandatory! Official/reliable sources only. Links do not count towards the word limit)
4. English language only (sorry, but google-translated submissions will be disqualified)
5. Only one submission may be sent per token. You are however allowed to cover many tokens.
6. Deadline for submissions is 25 November 2016 7.00pm UTC.
7. By submitting your text, you agree to transfer all rights for it to ICONOMI (we may use your text or parts of it in our future communications without quoting you as author).
BONUS POINTS:
1. For making it understandable to fiat money/old economy investors, who might not have deep technical knowledge/experience with digital currencies.
EXAMPLE:
https://i.imgur.com/ZzsaonR.pngContest winners will be announced in our BTT thread within days of the end of contest.
Winners will be determined by ICONOMI against the criteria of following the rules, technical knowledge and writing style.
Winners will need to PM us their mailing address to receive prizes.
SUBMIT YOUR ART HERE Yes ... why put the token on a decent exchange so people can work and make a profit. I know ... dev's team will take care of the profits for us. We just need to HOLD and stop asking questions. Or better ... let's have a writing contest ... and maybe sing a happy song ... yeayyyyy ...
