ICNX for sure will be great for short -mid term investment, yes you will make good money with ICNX but the company will use their profits (20% i think) buy ICN tokens and burn them... so the limit supply with time will reduce and reduce and the value will increase and increase.... i'm holding my ICN for the loooong run.... i really believe the token will rise as long as the crypto world is alive.....
RE: Ripple XRP to the moon ICN iconomi to Mars
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Ripple XRP to the moon ICN iconomi to Mars
Yeah, I'm pretty sure it's 20% as well, but I still don't get how scarcity is enough to drive the price of ICN up when there isn't any use for the tokens. There's no demand for the tokens except that they will be worth more as the supply becomes more scarce. I'd be concerned that it's simply a scheme for the Iconomi employees that are holding to pump the tokens so they can cash out big a year from now. At least most other tokens serve a purpose with the platform they represent.
Don't get me wrong, I wish you the best for it, I just don't personally get it.
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I think also the ICN price is somehow connected with ICNX or ICNP as well. On August 1st they launch the platform anf price of ICN will double easily... don't know if you have noticed but it is already much higher and increasing steadily..... it really is an interesting token.... the concept behind I like a lot.... the platform will connect the noncrypto world to the crypto freaking world... actually I just sold most of my ripple and lumens and went all in on ICN... don't know why I have soooo much faith in it..... thanks for the good wishes.... good luck with your investment
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