I think you have to keep in mind, that crypto value is never purely based on the ROI of it is underlying architecture. Look at BTC, the coin is at 808$ and it does nothing but to belong to someone. Iconomi can do both, it is not only a token which gives you dividents it is also a storage of value in its own way. You dont need to distribute billions of dividends per year. It is the trust in the token which will drive its value. And of course its future prospects...
100$ per ICN is easily archivable without billions of dividends..
Mostly agreed. Markets are irrational. But still, a 10B marketcap!?
you are missing something you wrote:
5 years
is a looooong time. Everything can happen
Yeah, that's right. In both ways. In crypto, most people would want their ROI in, well, probably less than a year.
But 5 years to get back your stock-buying money from dividends only is an 'old-economy' investor's wet dream.
Anyways, it doesn't mean you have to wait the 5 years, just that, IMO, it seems like a proper way of valuing an asset.
people dont like math, they dont like to be reasonable.
they like to dream and and think the impossible is true...
and if you are reasonable, well, then its "GTFO FUD"
Well I might GTFO then, because although I believe ICN is defo mewning in 2017, my expectations are too reasonable around here.