OK guys, check my workings for me:
It's often stated that BNK has fallen in value by 90%. BNK was 0.02, now 0.0018, thereore a loss of 90%, simple.
But we didn't buy with euros, we bought with ETH.
In the middle of the ICO 1 ETH bought 84507 BNK (after the unsold token distribution).
Today those 84507 BNK would fetch 0.76 ETH.
Therefore the fall in value is actually 24% not 90%.
Even BTC is down 43% from ATH.
Unless you bought the ETH specifically to buy BNK. In which case you are still down 90%.
A fair point nutildah, but you could work that out in many different ways. eg Anyone who bought their ETH in Venezuelan Bolivars is now up
up several million percent. Which of us knows what will happen in the wild worlds of currency valuations? Other than BTC will rule eventually of course?
And Bankera could be a nice little EU regulated haven for the people to bank their BTC.
Anyway, good to have you along.