To determine wether it is cheaper on Kraken (atm 1.20 Dollars - it was 2.20 few hours ago) or on EOS.io through ICO first day distribution we have to do some simple math.
200 Mio EOS token are distributed yet.
700 Mio EOS token will be distributed the next 350 days (each day 2 Mio.)
Today is the first contribution day for 2 Mio EOS token. There are like 11 hours left and the current contribution is 5421 ETH (see https://eos.io/ ). I saw a ongoing stable contribution rate which means the contribution after the full 23 hours will be
5421*(23/(23-11))=10.390,25 ETH for the first contribution rate.
The distribution formular is as follows:
The Price will be therefore for this distributed batch:
10.390,25/2.000.000*271=1,40 $
--> whereas 271 is the current price of one ethereum.
Believing in my formula you should buy below and sell above. Obviously i am not a financial advisor and i can be wrong. But i think this is a nice way to determine the real short term value of the token. The trading behaviour an Kraken is crazy
GOOD LUCK Community!!! :)
