Re: Nexium - NxC Info

THis is how its computed:

BTC price during ICO : $ 630.00
ETH Price during ICO : $ 10.837
Initial 5M offer : 700 NXC/ETH
Final 5M offer : 425 NXC/ETH

@Initial
10.837/700 = 0.01548142 USD/NXC
0.01548142/630= 0.00002457 BTC/NXC

@Final
10.837/425 = 0.02549882 USD/NXC
0.02549882/630 = 0.00004047 BTC/NXC

Look at where it is now. You know what they say when Coins fell Below ICO price. I dont have to spell it out.
http://beyond-the-void.net/index.php/nexium-price/

ETH is cheaper than ICO phase, ETH was 0.013+ BTC during the ico, so I consider to calculate based on BTC price, aka IVO price is: 0.000015-0.0002 BTC

Hi everyone, those calculations are wrong. Somebody posted the right ones here and we thank them for that and for defending our project despite the heated tone of the post Grin

:
https://bitcointalk.org/index.php?topic=1624343.new;topicseen#new

Something we can only agree with is: our coin's value is tied to the success of the game. We are full time on developing a great game that hopefully (and with work of course) will draw a big community of players, and then the Nexium can gain momentum. The beta for backers is not so far away, only February, and the open beta for the end of march/beginning of April.

If you have questions, there is our slack: http://beyond-the-void.signup.team/

The last thing I want to say is: we are not pro traders. We are a passionate team developing a video game. We do our best to ensure that everybody is happy with the ICO and with the project in general, but we have no control on what's traded on Poloniex or other exchanges, and over the price.

That's not how investments are computed. You established your base figure on the date of investment and its value on that investment date. If you compute it base on the present value, you must also factor the time value of money accumulated from the date the investment is made to present. As such, it needs at least 27% more to my original computation, thus, makes investment on nexium worst. There are always bad investment, We know that. And at the moment, given this, the investment made on nexium is really on the worse side. Very bad for the initial investor. You should protect your business, that's the cardinal rule.

Ps. That some one who made a computation you say is "right" should rethink to himself, is he fooling himself or baiting others to invest more. His thinking and arguments are flawed. You are twisting computation to justify and make it look less ugly. I say he needs to go back to highschool and study economics 101.

Listen to me wise man:

First, I dropped out from economics university career last year with 19 years old and 90% A marks. I think you can imagine why. Cool

Second, I've been making a shit ton of money by investing/trading alts last 2 years and a half, and will keep doing so in the future. I'm starting a hedge fund next year and I'll be the lead manager, with 21 YEARS OLD

Third, you can make the computation you want, I don't fucking care about "how it's done" in your Oxford university. I care about REAL FACTS, and this is the SIMPLE REALITY from a $ perspective investor:

@Initial
10.837/700 = 0.01548142 USD/NXC

@Final
8.50/575 = 0.014782 USD/NXC (Yeah, the guy was also lying in the final days ETH value)

NOW

0.00001700 BTC* 820 BTC/$ = 0.01394 USD/NXC

So wise man, you can complicate the calculations whatever you want. Reality is that ICO was aproxximately at 0.015 USD/NXC and now it's trading between 0.13-0.15 USD/NXC . And you don't need a 120.000 $ master in Harvard to know that. Grin

Also, if you invest here is to make a 500-1000% returns in the future when the product is ready. It doesn't make any sense to be calculating every % point like it was an S&P 500 point. Have in mind that liquidity in these markets in generally poor, and much more in these BTC growing days.

This is venture capital man, I think you're in the wrong site. Get back on your suit and keep working for your nasty multimillionaire bosses Grin