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Hustling the Trades

wingz

Published: 26 Oct 2018 › Updated: 26 Oct 2018Hustling the Trades

Hustling the Trades

Idea:

Iconomi are transitioning from the wild west of crypto to a regulated security.

They released a blog post stating a price they would pay for the ICN token, for those that did not want to make the jump....and a date that they would fulfil orders at this price.

'We will pay 0.0019 in ETH for any ICN you hold after the date of November'

Execution:

Well... Sheeeeit! You are guaranteeing my ICN will be worth 0.0019 in ETH in November. Interesting....

Let me take a look at the prices...

Hmm it's at 0.0016 right now, so I can buy now and then sell in November for an almost 20% gain in ETH... Fantastic!

Reality:

The price has been ranging from 16 to 18.5 ish several times. Free money is being printed.

So.. Hustle the trade :p

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