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.
I know what your saying
What you don't factor in and choose to gloss over is the fact that ION is a POS coin. If you had over 20K ION you could have hosted a masternode or if you had less you could have staked it on ionomy. Factor this into the equation then add the rise in BTC it just compounds your overall profit especially if you decided to jump in during the ICO. Lets fast forward to today don't have a picture of a dog but I have a breakdown of what a node gets you today
And the beauty is ION so undervalued when you consider DASH is $90
And you can realize said profit with ION without crashing the price? Right.
What you are saying is that if I had 25,000 coins I could cash all of them in at $0.45. How can the market absorb all those coins and stay at $0.45? I'd bet anything it couldn't even come close. Paycoiner logic at its finest. Whatever price the coin is at they think all their coins are worth that, silly paycoiners.
Yep correct I suggest this is done in the next 10 days. You taking the piss is a bit rich considering at the beginning of April your valuation of ION was $.27
Do someone else a favour and stick everything you own on Bittrex for $.45
