There was analysis done on price of tokens, and they are about 10x overpriced now. That's why people sold. Only in best case scenario are you going to get your money back in years. Eth curve is irrelevant, you can always cherry pick 1 out of 10000000 and say you're here. That's what all other ones thought too, and most of them failed. Eth will fail as well.
There was analysis done on price of tokens,
Wanna share a link?
That Smith and Crown analysis he refers to was deeply flawed, mainly for 3 reasons:
1) They did the analysis in the middle of the ico, meaning it could have been purposely a fud piece in order to slow the dilution of their investment
2) They did not factor in value of OFM platform and it's userbase into their analysis at all
3) Even in their optimistic scenario, they assumed a P/E ratio of 25
Tokens/coins in altcoin market are usually having P/E ratio closer to infinity, because the E (earnings) is close to 0 with most other options