Quote from: puthupanth on November 20, 2016, 06:37:48 PM

Quote from: Daparski on November 20, 2016, 06:08:20 PM

Quote from: MalReynolds on November 20, 2016, 05:52:28 PM

Quote from: Daparski on November 20, 2016, 05:01:03 PM

Quote from: puthupanth on November 20, 2016, 03:54:12 PM

what was ETH ico price?

$0.1257, $605 BTC price. Don't know about ether, I invested in BTC.

ETH launched mid-2015 for $0.30 with $290 BTC price. Today ETH has dropped to around $9.60, so it is at 32X the launch price.

Currently ICN is at $0.1712 or up 35% from its launch price.

I guess I answered to different question. Didn't see it was about Eth ICO
thanks for correcting

aaahh,, so even if we equal a 30x increase in a year its a $5 value per token. I think the fact we will be paid dividends in eth, the price on eth will rocket too and people like me will just buy more icn with the eth. Now that will really send the price up. Grin

damn i knew i should have thrown another 30 btc in.

Actually, to get to Ethereum's current level of success ICN must only go to 0.1257 * 32 = $4.02 each. This implies a market cap of "only" $400M.

Also, as a mined coin, Ethereum has inflation of 18M ETH per year. As an unmined token, ICN has 0% inflation forever. This is a permanent advantage that ICN has over ETH in being priced as a crypto asset.