Quote from: maildir on February 17, 2017, 10:22:59 AM

Quote from: Chronobank_Community on February 17, 2017, 09:01:43 AM

Quote from: unsoindovo on February 17, 2017, 08:25:31 AM

Quote from: TheKB on February 17, 2017, 07:56:54 AM

so that translates to roughly 1 Btc = ~132 TIME or 1 TIME = 0.0076 btc. looking forward to exchanges to grab them even lower from initial dumps!

5412btcs/710,112.8108TIMEs=0.0076 BTC/TIME

if so.. the price is lower then ICO!!!
damn!!!

Couple of issues with this.

1. The actual amount that will be available on exchanges is not 710,112.8108 TIME.
2. The 12% is not going to be available.
3. Bounty payments will not be available. (until 2 weeks after investors get their distribution.)
4. The actual number physically able to be deposited on exchanges will be more like 618,990.
5. The VC firm has no intention to sell it's stake of that remainder anytime soon.

Good thing here is that bounty distribution is after investor distribution,So there wont be much initial dump from the bounty hunters

And already lot of exchanges are ready to list TIME token

There will also be 143k from that 618k tokens locked for a long period cause ALX invested 1 millions dollars by buying TIME tokens and I don't think they will sell early.