32 Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: October 24, 2016, 05:44:09 AM
In traditional markets projected P/E can range with ratios of 10-25. Depending on economic conditions and the industry. The economic conditions in crypto have been favorable recently with total market capitalization in
(Jan. 2013 $1.5B)
(Jan 2015 $3.6B)
(Jan. 2016 $7.0B)
(Currently approaching $13.0B)
Example: Projections for Iconomi in its first year net $10M profit that is .10C per ICN if we base share valuation on traditional markets ICN has the potential to reach $1-$2.50 per share. This is crypto and it tends to be much more volatile. ICN has the potential to trade at much higher than standard P/E ratios although as with any crypto it will probably have many peaks and valleys. Prepare for upward trajectory and several pumps and dumps. Ultimately the value will reside in how much money is accumulated in our funds and then how the entire crypto market preforms over the course of the next year