>ICNX not available to buy for americans >It's going

I'm starting to think /biz/ just pretends to like making gains off crypto. ICN(X) is a clear fucking ticket to the moon and everyone here is sitting with their thumbs up their asses.

why the fuck would you buy icnx from an exchange at lets say 20%+ value when you can just buy the coins that are in icnx?

>>3086691

The same reason anyone invests in an index fund: convenience.

>>3086698
maybe youre right....what do you think could be the premium amerifats would be willing to pay to buy icnx?

>>3086719
You do realize that it's cheaper through them if you do attempt to replicate their portfolio? The fees will eat you alive when it comes to rebalancing.

>>3086719

Hard to say, i'd guess at least 5% more per ICNX

Also as >>3086736 said, ICNX bypasses all the fees associated with creating a matching portfolio on your own

What if everything they invest in tanks?

>>3086751
That's like saying the whole market will tank. Which if that happens it won't be just ICNX that tanks, but all the major cryptos out right now.

maybe its just me but when it starts trading people on exchanges could start to go craze and bubble it - it would be debubbled fast by people arbitraging iconomi-bought icnx to exchanges so my guess would be the fun will last for a very whort while until a mega-whale comes in and starts selling for minimum profit

>>3086847

You're right that the bonanza is going to be short, but even if it only lasts an hour anyone could easily 10x their input by repeated arbitrage

>>3086584
that's a very bad plan, but go ahead and try it