Re: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today!
Your so funny the ICO price was $.2 to $.25 which based on today's BTC price is 14k to 18k sats. The dump to 31k sats was a drop to $.45.
Your saying at the time of the ICO an ION was priced at 45-55K sats which today equates to $.65/$.79 you know this is complete RUBBISH
Your saying at the time of the ICO an ION was priced at 45-55K sats which today equates to $.65/$.79 you know this is complete RUBBISH
You can't have it both ways. Well, maybe YOU can, being a deluded paycoiner and all. You can stop reading here lest you pop a vein due to uber-complex math below.
At the time of the ICO the price was 45-55k sat because BTC was at ~$450. Only the aforementioned deluded paycoiner would use TODAY'S exchange rate for a transaction conducted A YEAR AGO. That is indeed rubbish.
In other words, if a bagholder just kept their bitcoins from a year ago they'd still have have the same amount of bitcoins today.
If a bagholder purchased IONs with those bitcoins a year ago they'd have fewer bitcoins today, or perhaps a similar amount if they somehow managed to utilize PNG, masternodes, and other widgets to double the amount of IONs. However cashing out those IONs would be a problem considering the abysmal volume.
However if you prefer to do USD math - the bagholder who kept their bitcoins would have 3x more USD and no problems cashing out, whereas the bagholder who bought ION would have perhaps 1.5-3x more USD (depending on PNG use) and again - the liquidity problem.
Neither USD nor BTC math is favorable to ION in any way.
Again you know why I used DASH as an example i
iNo, I don't, but judging by your response you don't either.