Quote from: amacar2 on January 07, 2017, 05:00:06 PM

Quote from: coingirl87 on January 07, 2017, 08:24:20 AM

I invested more than 30 BTC in that project....now people can only invest 15 BTC in BTCD and have the same Amount of KMD...thats very frustrating :-(

I have not invested that big but still i am thinking investing with bitcoin was huge mistake. I should have bought BTCD and wait for swap. I have also calculated like you and get almost similar difference in cost for 1000 KMD almost half.

in case you missed out some good info i will bring back to you :

Quote from: jl777 on December 20, 2016, 04:07:01 PM

Quote from: kaicrypzen on December 20, 2016, 03:39:26 PM

Quote from: KomodoPlatform on December 20, 2016, 02:20:31 PM

Quote from: milonite on December 20, 2016, 12:25:10 PM

Quote from: KomodoPlatform on December 20, 2016, 11:32:18 AM

Quote from: milonite on December 20, 2016, 10:34:34 AM

The exchange rate 1BTCD=50KMD will be the same for all the period of the swap (1 year) ?

Basically yes, but the exchange rate will decrease slightly every day to account the 5% APR bitcoindark has. With this we ensure there won't be more BTCD than there are KMD reserved for the swap.

So apparently there isnt any difference partecipating the ICO (as i done) and buying now BTCD and wait the swap?

Yes, with both ways you get the same KMD coins.

Euh, this answer is rather confusing ... The fact is, an investor who invested 1 BTC at any stage of the ICO will get less KMD than someone who bought 1 BTC worth of BTCD throughout the ICO (BTCD price ranged from 0.0035x to 0.0048x on Polo). On Polo, right now, if you want to buy 1 BTC worth of BTCD, you'll get it for between 0.0038 and 0.00406. With the current rate that is a better investment (BTC-wise) than having invested 1 BTC in the Komodo ICO (even with the 35% bonus).

Let's have an example:
Right now, on Polo there is a sell order of 200 BTCD fo 0.00406 each, that is 0.812 BTC.
With the rates from the second post:

Quote from: KomodoPlatform on September 01, 2016, 07:00:01 PM

The following exchange rates were calculated after the ICO:

1 BTC = 7746,521995 KMD
1 BTCD = 50,42041779 KMD

- Investing directly in the ICO will get you 0.812*7746.521995 = 6290.17585994 KMD (the 35% bonus will get you 8491.73741091)
- Buying BTCD from that sell order and then swapping it (before the rate decreases) will get you 200*50.42041779 = 10084.083558 KMD

Unless I missed something ...

It is a liquidity issue. for small amounts, you are correct.
however, try to buy 500 BTC worth of BTCD and see where the price ends up. probably 4x current price levels and certainly not any better price at all.

there is about 50 BTC of BTCD below the 0% bonus price. That is approx 2% of ICO volumes, so to equate the BTCD converted price as a substitute of ICO investment ignores the lack of liquidity.

That being said 50 BTC is a significant amount for any single person, who can get an effective bonus in the open market.