Again, personal attacks because I pointed out that your dividends vs. buyback argument is baseless for one simple reason:
The same amount of profit gets distributed to ICN holders either way. It's the profit itself that gives ICN value, not the distribution mechanism.
I believe I have correctly assessed that you are incapable of addressing the points that have been made.
If you wish to take that personally, so be it.
I already addressed them but you go around in circles and put the focus on me to try to distract from this simple fact:
It's the profit itself that gives ICN tokens value, not the distribution mechanism.
Uncle Mendeleev works hard, but seems like circling around.
ICN value will always be based on usage of the platform services. Currently these services are ICNP 10M USD going into ICOs, ICNX, and the DAMP later on this year.
That's the
value. The more value Iconomi has, the more profits it will generate.
The price is a combination of the value, future expectations and speculations.
Most "arguments" that add to that are just a noise. If the product is not good, people will not use it. If people won't use the product, the company will be worthless.
That goes for every company, whether it has shares, stocks, apptokens, pays dividends or does periodical buybacks.
Take Facebook, Skype, Twitter or any other successful company as an example. Most of them don't even pay dividends, Skype was loosing money for a long time before acquired by MS.
Why would Microsoft pay a lot of money to buy a company that is in the red? One single reason - its userbase.
The same fundamental reason applies for every company and service provider - if the service you are building will be used by people, you, as a company will succeed.