No thats the total ico / 10mill coins = 3ksats atm.
So lets say it sits a 3k sats and it hits bittrex anyone selling below 3k, even people that bought it during the first hour of the ICO will be loosing profit?
No. Let me be completely clear. EVERYONE PAYS THE SAME RATE for viacoins regardless of when it was bought. First day or last hour.
The rate of viacoins is set at the close of the sale by calculating totalbtc/10MM. You get a percentage of 10MM according your YOURBTC/TOTALBTC.
EVERYONE IS EQUAL. The only thing that varies is your percentage of coins according to your bid, but the value of EACH COIN is the SAME.
Sorry for the caps, but this is SUPER IMPORTANT to understand correctly.
I think the only one that isnt understanding might be you. We are all saying the same thing....
Total Confirmed: 305.23210734 BTC
Initial Coin Offering: 10000000 VIA
Average price: 0.00003052 per VIA
Which means RIGHT NOW if you were to end the ICO each VIA would be worth 3052 SATS.
So if you invested 1BTC = 32765 VIA