Post
Topic
Re: [ANN][ICO]🇨 Crypterium - Digital Cryptobank with Credit Token & Open Platform🇨
by
Kommersant
on 21/11/2017, 10:52:47 UTC
Hello! How will the fluctuation of BTC value affect the hard cap? Do you exchange the BTC from ICO straight away for fiat or keep them and sell on the go in the future when the need of money arises?


No one answered this. So let's make a simple math:

300M coins from where 70% is allocated to community so 210M coins for 0.0001 BTC each. Lets assume that there isn't any premiums offered. Hard cap is 47M USD. 210M CRPT/47M USD * 10000 would assume BTC price of 2238 USD per BTC. If premiums are calculated the price would be slightly higher (with average premiun of 10% allocated it would be around 2500 USD/BTC. So now the BTCUSD is roughly 8000 and to reach the hard cap it would mean that under 1/3 of the 210M CRPT could be allocated to meet the hard cap. What if BTC will rise to the MOON and be 10k+ in one month? Will you calculate the monetary value of the moneys recieved by the transaction time value or will you hoard the BTC and look the value at the end of ICO? Are you excahnging the BTC right away to fiat or do you keep them invested in BTC?