Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ICONOMI - Digital Assets Management Platform
by
Enjorlas
on 19/03/2017, 18:07:54 UTC
I am holding! I will sell only if ICN reaches 10$

I don't believe it ever will, but even if why would you sell at all ? If ICN was so high, it would be for a reason, for example because would pay good dividends from fees.


Let's make calculations for ICN to reach 10$, what investment volume would it need.

For pessimistic scenario where total fund performance is 0% or negative, that would require an annual volume of: (https://medium.com/@FutureIsNow/iconomi-profits-estimation-5dba0fa96b6c#.i283sh6r2)

(X*0.01)/100M ICN = 10$;
X = (10*100M)/0.01 = 100 KKK$

If investors are expecting 100% ROI after 3 years that would require 33.(3)KKK annual investment volume.
For comparison total cryptocurrency market Cap: $23KKK (https://coinmarketcap.com/)

So investment volume would have to reach ~1.4x what all cryptos all worth right now.

So yeah we will not see this happening any time soon.


There is one fatal miscalculation on your part. You assume markets behave rationaly.