Quote from: pokachou on March 30, 2018, 09:14:07 AM

Quote from: pinionless on March 29, 2018, 05:11:26 PM

Quote from: pokachou on March 29, 2018, 03:25:39 PM

Pairing the price of MIO to fiat protects those that invest with fiat currency but it doesnt protect those that invest directly in ETH/BTC. Did you think about that? A lot of people invest directly using eth/btc. This way they are protected. With your solution (the one used by IRM), you get the exacte same use case for people investing in BTC/ETH everyday as the price changes.
Its not a simple choice to make since both way can have issues. And you should know the risks of investing in crypto with that high volatility.

When they are buying equipment in FIAT the smart thing is to set the token price in FIAT. Like all other mining companys did.
Sadly Miner One is not run by intelligent people.

Even worse is that instead of fixing the problem they pretend everything is ok.
Now, me and other people that got in early are looking at 1,5 years+(even if price of ETH goes up) to get ROI when new investors will it in 8 months.

For a long time you were only able to buy stuff on bitmain with cryptos (BCH mainly). Sure now you can buy with USD but thats not always the case. And I feel your pain being an early investor, but think the other way around. Say they did index MIO on fiat. You buy it today with ETH or BTC and then the price of BTC/ETH goes up. Its the exact same use case. Early investors get less money. Even in fiat this does exists at a smaller lever. If they index on USD and I buy in euro, depending on the value of EUR/USD I dont get the same amount on different days.

Thank you, Pokachou. Please also remember that healthy discounts were offered to early investors, so the MIO Tokens obtained at the start of the crowdsale were significantly discounted. Complaining about exchange rate fluctuations that no one can control is not very productive. We tied the price of MIO to ETH because we are using smart contracts to manage MIO Tokens. As for the funds raised, not all of them are in ETH.