Sorry to say that but your math is very wrong..
YEA ?
20/90,993.49 BTC = 0,00021979 sat
selling under ~22 000 is loss for investor without bonus
Here is the wrong point of view:
"10,682,516 / 100 000 000 = 0.01068 $ per 1 ICN / penny stock i would say"
85mio ICN for sale not 100mio...
"you forgot that we investors were paying for that 15m free ICN so
85m for 10.5m$ + 15m for 0$
gives you average price of 0.01$ for 1 ICN
If you can trade free ICN and payed ICN separately then you are right"
What represent 15mio? well : Bounties: 2 mio ICN , Advisors: 2 mio ICN , team: 8mio ICN, future team 3mio ICN
If you want to calculate the bonuses: First week 15% for ~ 2000 BTC=1,2mio USD => 180k USD (15% bonus) and so on....
hmmm......
(20 BTC/90993.49 ICN)*$635.17 = $0.1396077895242836 per ICN
or am I wrong?
Should be correct, the amount shud be +- 10%
Previously it was calculated as 1x - 12k satoshi if not mistaken :O