YoloFarts
Long

Long and Stronk

KRAKEN:ICNXBT   None
Iconomi (I-C-N) was the only token that didn't appreciate in value along with the whole cryptospace during the BTC , ETH and DASH bull run. While the index token (ICNX that is available for buy/sell on the platform) gained 100% returns in one month and the whole I-C-O funds portfolio and the ICNP (performance fund, currently close to 9million USD worth) doubled in $ value.
Investor update was announced on Slack to be posted in the upcoming days, this aswell as more than 60 people being added for beta-testing on the Iconomi platform with new invites being given out daily/bidaily caused a price jump.
The 0.00021 level was tested multiple times but rejected to go down further albeit the FUD (random nonsense) on the Bitcointalk thread and now has moved to a moderated thread with better discussion.
When watching the initial support-resistance levels and market sells we can see that many of the I-C-O "investors" are not familiar with trading and where easily swade by FUD/FOMO and lured in to sell into whale accumulation orders.
With improvements to the ICNX buy/sell platform and launch aswell as development ongoing for the Fund Management Platform, Iconomi is a good long.
Comment: New article has just sprung up
Comment: https://medium.com/iconominet/iconomi-in...

This means just buy and HODL no ceiling with supply being burnt.

Comments

It's a scam I am pretty sure....
That is why ICN is only 70% of my portfolio now... Not expecting a lot really...
+2 Reply
HAHA you were a bit conservative....
+1 Reply
YoloFarts MennoPietersen
@MennoPietersen, Well this was before the update. All TA is off now ;)
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icn sux
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Still, doesn't seem to be an easy way to buy tokens.
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YoloFarts MoonRally
@MoonRally, yes still very few exchanges, Kraken being rubbish as usual. I would like Poloniex or Bittrex atleast.
Reply
Sasukeevil YoloFarts
@YoloFarts, It will never be listed on Poloniex and Bittrex.
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YoloFarts Sasukeevil
@Sasukeevil, Guess again. Now that the buyback program has been implemented it isn't resembling a security at all.
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Sasukeevil YoloFarts
@YoloFarts, So is it still a profit sharing token?
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Yolo appears to unload his bags :joy:
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