Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SMBR] Sembro Token ITO (Bittrex)
by
tuto
on 19/10/2014, 19:31:02 UTC
Christ people, seriously why all the crying?

If you was an early investor (like me) you probably put all you could into the coin, NO ONE knew from the start how many coins they would get or how much BTC would be invested, it was basically a blind buy, you could put in .1 and it might only have a total of 25 BTC invested or you could put in .1 and it could have 250 BTC invested, the timer really is irrelevant if 1) You put in as much as you were willing to anyway, or 2) You got in "late" on the timer which was simply incorrectly set. Either way, it really doesn't matter, the more BTC in, the more "value" the coin should hold and having it run longer simply means that the Devs get more BTC to work with, which as they have already said is going straight into further developments and the coins are spread out over more investors, meaning hopefully less manipulation by one or two larger investors...


Edit; My Point;

The amount of BTC you invested into SMBR is irrelevant if you invested as much as you were willing to in the first place, and if not, you still have time to go an invest some more.
The end result is the same, you may receive less coins because of other people investing more BTC, but  those less coins will have been at a higher SAT cost in the long run;


Assume the following Investments and Total BTC for ITO;

.1 BTC invested, Assume ITO ended at 25 BTC

.1 / 25 * 2.5m = 10,000 SMBR
.1 BTC / 10,000 = 1000 SAT each
Its still .1 BTC invested and your coins cost you 1k SAT each.


Now Assume you invested the same amount but ITO takes more in total:

.1 BTC invested, Assume ITO ends at 250 BTC

.1 / 250 *2.5m = 1000 SMBR
.1 / 1000 = .0001 SAT each

As above, its still .1 invested, and your coins cost you 10k SAT each instead.