One side is being speculative and you're right on that.
But one side of exchange is more liquidity. Which every tokens need.
Yep was talking about liquidity, which in my humble opinion will be low even if you list it on every exchange. Maybe a partnership with Bancor would be a good idea. If you don't know what Bancor is about, check it https://medium.com/wespostdotcom/bancor-bnt-a-solution-in-cryptocurrency-liquidity-e15b130e6000
I agree most part but still believe that more exchanges are needed.
Maybe decentralized ones at first. Like you said Bancor, maybe RadarRelay and other ones.
This reminds me TaaS actually. They're paying dividends, not need so much liqudity or markets. But when you need to buy/sell it would be definitely good to do it without so much fluctuation.