ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying. В этой статье мы объясним, что такое ICON, как он пытается соединить мир, и выскажем свое мнение о проекте. Как всегда советует Bitcoin-News. Продолжительность.
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Learn how to buy Litecoin with PayPal instantly. Before I get started on the focus of this article, I should first issue a quick warning: cryptocurrency price predictions should be treated with caution! Ultimately, the market decides the value of each currency. If lots of people buy it, it will be worth a lot. Presumably, the price will continue to soar until it reaches some yet-to-be-titled planet out in the deepest depths of the universe…. From the downright wild, we move onto a slightly more reasonable ICX price prediction.
WalletInvestor is quite more down-to-earth on ICX price predictions. Needless to say, this seems much more reasonable. That said, WalletInvestor does like to include some graphs to illustrate their point. LINE is currently the largest social media platform in Japan. Its messaging app has over million users every month.
Since declaring himself as running for presidential office and launching his own cryptocurrency, John McAfee seems to have calmed down making price calls for now. In the absence of the internet security guru, there seems to be an expert-shaped hole.
However, the takeaway message would just be me repeating that facts, partnerships, and developments speak louder than numbers pulled out of thin air. There are also plenty of YouTube videos on the subject. However, these suffer the same issues as price prediction websites. Most of the creators will hold the coins they are pumping themselves and be hoping to create excitement around a project.
Such videos should not be used as investment advice. Look at projects that have been successful. Try to identify what made them make the gains that made people rich. Decide for yourself if you think the world needs such a project. This is a much better way to make an investment rather than rely on some unnamed author writing a piece with lots of large percentage gains quoted but little to back them up.
Some websites offering ICX price predictions will say that they have used technical analysis to make their calls. However, the problem with this is that technical analysis is a discipline that involves careful and constant analysis of charts. What was a bullish chart optimistic can very quickly become a bearish one pessimistic and vice versa? Technical analysis can be used very effectively to day trade short-term trading, buying low and selling high.
However, in a market that runs around the clock, seven days a week, the following charts will involve a huge commitment. For longer-term investment purposes , the best indicator is fundamental analysis. Fundamental analysis involves looking at the problem a project claims to be able to solve. You must then question whether the market demands such a fix and how well-placed the company or team is to deliver on their promises.
Unfortunately, in the absence of legitimate experts making ICX price predictions, these websites will have to do! This website uses a few different reasonings behind the numbers it gives for to Likewise, there is no reason to believe that adoption will follow that of the internet or Google. Use any data on CoinCheckup for informational purposes. Information should not be considered investment advice.
A writer at a website called TradingBeasts has come up with some numbers of their own. Like the earlier price predictions that I presented, these are lacking any kind of fundamental or technical analysis. With goals as big as the ones ICON has for the future, the team obviously has a tough road ahead.
On their website, they list their goals for It appears that they are hoping to have their project entirely completed by the end of The ICON website lists a few different sections that they will focus on. These are securities, insurance, banks, universities, and hospitals. Each section has the goals for the next year listed. Securities ICON is hoping to have its technology used in the clearing and settlements industry in Following this, in , ICON hopes to be used in the trading sector too.
Insurance ICON claim to already have their loopchain technology being used by many top-level insurance firms. During , they say their service will become available to the public. This will include the formation of key partnerships in the industry. This will be followed by developing relationships with unnamed partners. These will be used by students to make payments and transfers while at school. Hospitals ICON also aims to improve healthcare. This will involve the development of a digital signature system that is based on the blockchain.
According to the website, this will be groundbreaking for medical information management. It will also involve the launch of a data-sharing platform for healthcare information. It all sounds very impressive and the graphics on the website page dedicated to the roadmap are very visually appealing. That said, if they can deliver on their promises, ICON will have successfully integrated with some of the biggest sectors of modern life.
If the native token is used throughout all these industries, it will certainly be in high demand and the price should increase accordingly. Of course, none of this is certain. Even if the team does manage to deliver the goals they set out to, they might be beaten by a more efficient, better-designed system.
There are also other stumbling blocks that could hinder the adoption of ICON too. Technological problems and regulatory issues are just two areas that could see ICX drop in value despite completing their roadmap. ICON might not even exist by the end of Alternately, it could be worth many times even the wildest predictions of the most optimistic predictors.
The price eventually reached almost double that prediction! Above all, remember to treat all price predictions with caution and always do plenty of research for yourself. Fundamental analysis of investments is king!
Learn what is the best time to buy Bitcoins, and when to sell Bitcoin, too! Learn about the the most secure vaults in the world, and how you can acquire one of such vaults yourself! Learn how to convert Bitcoin to cash on Binance P2P, and start exchanging today! During that time, there will be losers and there will be winners. There are many things that can go right for a platform like ICON. It does stand a chance of becoming the backbone of a completely digitized and decentralized future.
It could become absolutely necessary and each ICX token could be worth many hundreds or thousands of dollars. Firstly, there could be another technology about to be developed that absolutely destroys any value that the ICON network might have had. Look at Betamax and VHS, for example. In the s and 90s, the Betamax platform was arguably better. Did it win out in the home video wars? It became quite clear that the only way to make it into the top 22 was to hide the truth from the ICON community and we were not prepared to do this.
IConnect has been reluctant to join in the P-REP cartel practises see censorship below and this indicates they are a truly an independent team. It would be an injustice for an entire content to be excluded from the ICON network. Why have we been so critical of Rhizome?
Details of their team and proposal are available on the ICON website. There is a clear conflict of interest and when a team becomes a P-REP candidate they should give up their right to moderate on social media platforms like Reddit, Twitter and Telegram. Technology exists to validate a moderators ID without exposing it to the wider internet community.
It ensures existing and potential investors of blockchain tokens are able to establish fact from fiction. We use Steemit and ironically the ICON blockchain to ensure the data that we painstakingly collate is available for all to see. We also own several Unstoppable Domains like cryptonewsarticles. Those of you that follow us on Twitter or Telegram may already know how to spot a failing ICO but we were asked to add the details here and in the general Cryptocurrency sub Reddit.
Some ICOs were outright scams, others were simply ill-conceived and others are years away from providing a return for their investors. Have you spotted the ICO you invested in from the red flags above? Please add your comments about the ICO you invested in or the altcoin you bought that you think might be failing.
If the Founders of the associated tokens read your comments they will have the opportunity to prove without any doubt that they are not a failing ICO. We have spent hundreds of hours over the last few months reviewing P-REP candidates. As per our earlier articles the blockchain ecosystem is riddled with bad actors and this article will highlight the P-REPs you need to avoid. As per the needlessly complex IISS 2. We believe they are reluctant as it will highlight the inflationary effect of IISS 2.
At present the ICON blockchain shows just 7, to 39, transactions per day. Within minutes the post was removed by moderators standing as P-Rep candidates. This is an archived screenshot of the original article with a reference to an insider that Brian Li was working with to shill ICX.
Screenshot of article revised by Brian Li and as recorded on Steemit today. Significant differences and the unacceptable shilling has changed to marketing. Ask yourself are these really the kind of people we want controlling the ICON network? The before and after screenshots are recorded on the ICON blockchain as a permanent record of how some unfortunate investors were duped into buying ICX at grossly inflated prices.
Here is the list of P-REP candidates that do not deserve your vote based on our painstaking research. If you would like copies of the data that we hold or feel your team was unfairly included in this list please use our Contact form or add your comment below this post.
Remember this is a dynamic list and P-REPs will be added and removed as they change their policies. In addition further disclosures are included in the comments section below this article. Readers should familiarise themselves with our earlier articles about ICON which we posted in the months prior to producing this list. Please be sure to review the list on a regular basis and stake you ICX accordingly. Whichever teams you select for ICX staking we advise covering a large number as it keeps the teams on their toes and reduces your potential losses from token burn penalties.
If you are reading this post via the homepage rather than the direct URL click Comments for feedback and latest updates. The blockchain ecosystem is awash with scams and bad actors. ICO exit scams, hackers, pump and dump schemes and shilling by heavy bag holders etc.
If you are ever given advice about crypto ensure you know the context of the advice. Ask how many coins they hold and the evidence to back up their claims. I learnt much of the basics of blockchain from fellow, dual nationality British and Greek, blockchain evangelist Andreas Antonopoulos.
It sickens me to be told by a P-Rep candidate that I should play the game and join the scammers. The same P-Rep candidate and Telegram group moderator also wrote to me to say I should rejoin their groups under an alias. The date for the challenge was set to run from 3rd June to 31st July. The 1 million tokens were to be distributed as follows:. They were also hoping to attract more developers as ICON is not known to have broad appeal to developers.
Rules of the Challenge were quite clear that each team of developers could only apply once. This is to ensure tokens are allocated fairly amongst many developers rather than just a few. Each team would be allowed to process up to 20, transactions per day and receive ICX tokens per day reimbursed weekly as a reward.
I expected developers from around the world to be racing to enter the challenge before the maximum of entrants was reached. How wrong was I. I tried to contact Ricky Dodds via Twitter and Reddit to ask why next to nobody was interested in the challenge. My email reply to him is shown below. A perfectly civil and simple request for ICON to adhere to the rules of their challenge. I continued to watch as more and more fake teams were added to the challenge. Rewards for processing transactions are processed on a weekly basis with the first payment made to BLOC8 on the 11th June.
As tokens are transferred via the blockchain I could see that all the fake teams had also received tokens. Probably , tokens in the first week to fake teams. I contacted ICON over and over again but little or no response. On the 18th June, the day the token rewards were due to be distributed for week 2 all teams received an email to say they would be paid a day late.
Finally I thought ICON had seen sense and were removing the fake teams before they distributed tokens to the legitimate teams. I was wrong again, on the 19th June ICON distributed around , tokens to the fake teams, so now about , tokens in all. Below is a tiny extract from my chat with Spl3en, which was published online without my permission. After this image was published online Spl3en beat a hasty track over to the forum where it had been posted.
They were hoping that someone would pick up the code and run with it but so far nobody has shown an interest in it. Could the ICON project handle another embarrassment?
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