With Iconomi only being on kraken right now it can be easy to miss but this crypto is one you must keep an eye on.
It always feels like they can absolutely explode into the stratosphere at any given moment.
1st round of buy backs, ICN went from $0.20 cents us to about $2 then retraced back to about $1.50
Here are 5 reasons why you should be stacking Iconomi RIGHT NOW!
- Beautiful platform. very user friendly. its only open to a handful of ico participants right now, all ico participants will have full access by the end of the month. I for one appreciate this approach. Before you launch a platform of this magnitude, please
make sure its secure and it works.
I lost CRAZY money on poloniex last month when there site was crashing, the stop limit triggers didn't fire and they gave the lame excuse of "sorry guys, we got a lot of new users". Great for you, freaking horrible for me and my investments on your site. sorry for the rant.
Anyways, battle test your platform first please, i work hard for my money. Way to go Iconomi.
Sexy chart right!
- Value. Iconomi is a sleeping giant amongst crypto investors especially those new to bitcoin and alt coins. Those of us that have been trading and researching this industry for a while should be familiar with ICN and are watching but you must go deep to uncover this gem.
ICN is slowing taking a leg up to around the 2.50 per coin area right now and they manage to swim upstream even when etherum is rising. One of the most undervalued tokens on the market today and i am familiar with almost every token out there.
- All ico participants will have access this month and the full public launch is Aug 1st. Exciting. tokens are about to soar and continue to rise. The team is really doing a great job with Iconomi.
- Second round buy backs next month. Q2 report should be released in July. Yes, they are pumping more profits back into the ICN economy which will make the price go up.
If they follow the same pattern as previous, the Q2 report well be release and buy backs will begin almost immediately. So the supply of ICN is going to be much smaller, depending on how many were burned during Q1 and the pump will be bigger due to some insane profits and returns.
- #1 If all that was not enough. Iconomi is the ONLY company in the crypto currency space that owns assets. Please understand how big this is. Im sure more company's will adopt this module in the future because it just makes sense.
There assets currently holds a value around 53 million USD. Here is a snap shot of the DAA ( digital asset array)
That means if ICN went belly up, those assets would be sold on the open market and then that revenue would be divided between each ICN holder. ICN explains it here,
That is the part that soo incredible, are you starting to get it now? To break it down in simple terms, your ICN tokens are actually worth a lot more right now because of the assets and collateral that backs them. Talk about value, ICN is the best buy on the market today. Its like a secret, a few guys know but most people dont get it, and new investors have probably never herd of ICN before.
No hype and FOMO spammers all over the net, ICN is focused and making sure there platform is works and is safe and secure for investors around the world. This is a Yes on every level for me.
It should be noted that all of this has happened without being available in the USA. Although being based out of San Francisco, Iconomi withdrew from US markets and change there profit sharing module to the buy back and burn module from pressure or fear of US securities regulations. Q2 reports will reflect how man ICN tokens have been burned so far as well as how much more then will be buying during this quarter. Q1 they purchased 1000 ETH worth of ICN which at the time was worth aprox. 250k. I expect this number to increase because of the byteball investment that generated extremely high returns.
This one is moving up to my best investment of the summer. I have no idea how high this will go once the US is available for trade. Its impossible to speculate cause of soo many factors and Iconomi will get support and approval from the US GOV. before any company outside the US is approved to conduct business here, maybe thats why they has a more slow and steady approach. ICN has all the making of something Huge that is happening right now. and once again another cyrpto is on the front page of yahoo and everybody wants to get in.
Good thing your in already!
Upvote - Resteem and Follow Please.
The crypto space is larger enough to create a bunch of crypto millions and at least a few
BITCOIN BILLIONAIRES
Nice post. I am watching iconomi as well. More exchanges, aug 1st release, buybacks more successful ico investments all could help icn. On the negative side an sec attack on the ico model and defining icn as a security.
They can get a securities license for the sec and move on. The U.S market is the not only the largest but also the fastest growing at the current moment. Similar to Etrade which would mean we as consumers would have a more difficult time investing on their platform but we would adjust.
Right now, CET 19:18, 19.06.2017 ICN goes to the moon :)
Iconomi seems to be one of the most promising crypto projects ever! You´ll barely find any real value in the crypto project space, but they have it, and they have a lot!
Yes. It does not take a full day to recognise sunshine. They will continue to rise and once they secure the US market, ICN is going to have massive multiple explosions to unimaginable prices.
What is the best way to acquire some ICN ?
On www.kraken.com or www.liqui.io . Later it will be possible to purchase it directly from www.iconomi.net with fiat money
thanks
Shapeshift also has ICN.
I think Kraken has the highest volume. Plus i like Kraken cause they have USD and fiat currency markets and you can buy bitcoin with a credit card for verified users just like Coinbase
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