So im super new to Crypto (2 weeks) and also just startet "gambling" at Poloniex!
-Think is sad that It seems mostly like speculation in most of the altcoins there.
So looking at something like this, I really like it. I like the idea, the look, the teem and the investors baking it up.
I was just about to put some BTC into the ICO, but then i realised that thou i liked everything about the "product" and I believe in the idea, Im to new to really understand the investment I was about to make.
I have been trying to compare to NEXIUM (Beyond the Void) ICO. But I dont think im capable of doing the math
Both coins having 100.000.000 coins in theire ICO
But If I should give it a shot:
The ICO price ranged from 700 NxC/ETH to 575NxC/ETH. So lets say somewhere in the middle 625NxC/ETH
1 ETH = 0.01113698 BTC (today)
0.01113698/6251NxC
1NxC = 0,000017819168 BTC
When listet on Poloniex 1 NxC was (As far as i understand candeles) = 0.00002000 and today 0.00004816 (With High/Low 0.00025/0.00002)
Sooo not to bad
But if I buy the cheapest silver packet at the AUGMENTORS ICO, its 0.134 BTC for 2000 DTB making the price of a DTB = 0,000067
Making it almost 4 times a expensive as a NxC
I dont know if this calculation can even be done in this way at all ore if im totally lost here.
Again TOTAL Newbie here
Sorry if im randing!
Cheers