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Author Topic: Calculating Token Value to Fiat Post-ICO  (Read 171 times)
BitCaptcha (OP)
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October 16, 2017, 12:28:09 AM
 #1

Hey guys.... just one thing I'm a little unclear on. Let's say I invest in Electroneum for example and I get 50,000 tokens. If the value eventually hits $1, would I be $50,000 richer? I've seen people say if it goes up even a few cents you'd be a millionaire. Im just a little confused on how the token's value becomes a certain fiat value?

Sorry if this is obvious, I'm just trying to be clear on all this.

Thanks!
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October 16, 2017, 12:36:39 AM
 #2

Not too sure if I know where you're going to.
But yes if you have 50000 tokens and the price would reach 1 usd per token, which would be around 0.0001759btc per token (at the time of writing), you would be 50k richer.

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October 16, 2017, 12:46:57 AM
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Hmmm ok thank you.. I think someone said if it went up 100x, but I was thinking in fractions. I guess they meant $100 per token but I swear I read it as if it went $1 youd be a millionaire, (unless of course they had millions of tokens). Which confused me............


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