Post
Topic
Board Announcements (Altcoins)
Re: BREAKING NEWS! WWW.GAMEBET.GG Launches GameBet Coin (GBT) Sale on now!!
by
DailyModo
on 08/04/2016, 04:08:09 UTC
See The math at the top ^  you say 200 btc would put us in the 30% bracket..    you still claim this is a typo?

I assume you're talking about this,
Quote
Hello, This question has been asked many times before using many different numbers. We'll try to answer this hopefully for the last time. Yes. If you put in 2 BTC (~$800) and our sale ends at 200 BTC raised, thats 1% of the 20,000,000 GBT which is 200,000 GBT.
So if the 200 BTC would be raised that puts us in the 30% bracket, so 1% of 30% is 0.3%.
$20,000 * 0.3% = $60

We apologize for the numbers here as I was in a chat with John and I had asked him what bracket 200 BTC (which is the value the user I'm quoting in that section states) would put us in and he said 30%. I have asked him to clarify and we have both realized this is an error because he was thinking in terms of CAD ($550 CAD/BTC) not USD/BTC (~$420 USD/BTC). Thank you for pointing it out, mix ups and confusions like these can happen time to time.