I love the optimism about pricing here...just read how one of the top 10 long-term bond ETFs has north of $1T AUM. That is just one category of bonds (let alone short-term, government, treasuries...or equity growth, value, large-cap, mid-cap, blends, etc.)...meaning it may not even crack the top 100 ETFs with their AUM.
Assuming ICNX can get close to the top 100 ETFs (in comparison to the old economy) we are looking at $1T under management. 3% annual is used to burn tokens. That is about $82 million a day! A freaking day! Total market liquidity is not even $1 million on kraken exchange. So just on burning ONE of their products you are looking at 82x the amount of market activity compared to what is currently happening. One product... without even talking about ICNP, DAA, exchanges, etc. That is insane. Why would anybody think about selling at $5 or $10. If you truly believe in Crypto, then ICONOMI is a no-brainer long-term hold.
Let's start being investors instead of day traders. Go day trade on eBoost or some other crap. I use to be against ICONOMI bc of their PR, but they have come full circle. They care about producing a solid product and you see them at the big conferences speaking with the big boys behind the curtains. They aren't afraid to be in front of everybody. Once the U.S.A. can get their security laws in line with Crypto, this shit will fly off the charts. You will be looking at the $500+ range if that happens ($1 million daily liquidy, 82x that on ICNX alone if $1T AUM, meaning 100x price change minimum).
January 1st 2018 $10-20
January 1st 2019 $100-$250
January 1st 2020 $500+
BTW, anybody think Ardor is the next ETH? Or does somebody have another long-term hold??