I'd probably buy more considering they just burned another 742,000 thousand ICN tokens. So with every year they'll burn 2.5 million ICN tokens approximately. So 10 years from now, they'll be down to 75 million ICN tokens if my math is right and it remains at its current burn rate (more or less). 20 years from now, they'll be down to 50 million ICN tokens, and then their BTC value just keeps going up and up.
Sounds like a good deal long term or no? We have to think about it really long term. If you can wait 20, 30 years, this could be worth quite a bit for each ICN token.
Now, that's the rosy scenario. What is the worst case scenario?
Where do you get that number?
They only burnt around 212000 tokens. This is the burn address:
https://etherscan.io/address/0x0006157838d5a6b33ab66588a6a693a57c869999#tokentxnsImo, this is the bottom for ICN. Q3 report was underwhelming, but remember that this was before they launched the DAAs (happened at the start of Q4). I expect a much better Q4 report, plus there is a lot of good stuff in the pipeline (declaration of iCN usage, full platform release, fiat gateway...).
After the last fork (BCash) price tripled as well. Hopefully we'll have a similar scenario.
I would be surprised if the price isn't 2 or 3x the current price within the next 6 months. Bought some extra ICN yesterday.
But DYOR.
ooohhh, I really messed up here, and that's all I'll say is that. let me scrub that post.