@ICO investors got approx 0.004btc/100gIOTA.
I believe you're off by order of magnitude.
Just like IS believe they will Fuck their virgins. Please don't tell me your beliefs. Show me your math.
It was ~130 sats per old IOTA which makes it 130 sats for 2779530 new IOTA.
which makes it ~0.047 BTC / 100Gi
illodin is right. You are way off.
Yes and also this is crypto. We measure in BTC around here, not stinky fiat. Additionaly, it is not honest to flip between BTC and USD to make the disparity appear larger. Use one reference point or the other. Proper measure is 0.047 ICO and 0.6 now = 12.75x
Besides, CK's all but likely a scammer at this point. Using his "sales" prices for these conclusions are meaningless as they do not reflect the real market. They are artificialluy low so he can grift investors more easily.
So at what point do we convert btc to USD from 1 bitcoin being worth $0.01 to it now being $650? Or is the pizza sold back in 2011 still worth 20000 btc to you? (I forgot the exact details). Value is value.
1. Iota has no ongoing development team as of right now.
2. Anyone here could be a scammer. Anyone.