Quote from: warisgoingdown on May 25, 2017, 12:30:31 PM

i see so many speculators here. i hope they are a minority among the people who really believe in the long term future of this project

Lol I hope so but doubt it. People aren't throwing 50m into a project out of the idea of hodling for a year 😂

Not in this market. I really like the idea of MGO but part of the reason it went so high I suspect is simply the fixed supply coupled with the insane market. It's not necessarily because 8000 people thought it had real utility....even if they did think that it was useful, they're buying in hopes that the utility drives the price up then...for them to hodl and use as they wish. In the end it's all speculation but I bet 50%+ are in it for fairly short term (less than a year).

Quote from: secousa on May 25, 2017, 04:21:58 AM

Quote from: ParryMcD on May 25, 2017, 04:15:51 AM

Hey guys, I'm having a bit of a problem calculating the number of MobileGo tokens, not sure what I'm doing wrong here. One of the earlier posts mentioned that you should divide the total amount you invest by 0.71 and that will give you a rough estimate on how many tokens you should be receiving.

Well, I bought a few tokens yesterday when the BTC price was arond $2400. I bought 0.5 BTC for $1200 and then bought MobileGo tokens with that BTC amount.

So does it mean that I should be getting 1200 / 0.71 = 1690 MobileGo tokens ? I don't think that's correct, but I don't know where I'm going wrong. Any pointers ?

That's the right way to calculate it. I don't remember if it was 0.71 or 0.76 per token, but whichever the case, its the USD value of your investment (in this case, 2400 * 0.5 = 1200) divided by the price per token. 1690.14 if the token price was 0.71.

According to final numbers it should be 76.

53/70=76. So if you invested at the very end with btc for 0 discounts then you'd be paying the .76 and $1200/$0.76=1578