I totally get where all the hate comes from, and no one with half a mind didn't understand the risk when buying ICO shares, but I still expect those looking for a crash to 100 sats are going to be seriously disappointed.
I know I for one saved a decent chunk of my BTC to scoop up another 2M or so on the off chance that does occur, but seriously a little perspective on the "huge" market valuation:
I've worked at a company that paid close to half this amount for a custom piece of software that did nothing but manage fleet logistics... and those were 1990 dollars not 2014 dollars...
A decent location fast-food franchise will cost more.
Businesses are commonly valued at 10X earnings... so in this case earnings of any more than 80K/year would represent the valuation (I'm pretty sure that less than the
weekly sales in BTC on Overstock currently).
...and a final bit of 'food for thought' regarding price (not disparaging people holding these, just saying)...
PND (Pandacoin) has a higher cap.
FC2 (FuelCoin) & FTC (Feathercoin) have twice the market-cap currently.
STR (Stellar) is close to 10X more 'valuable' apparently.
I'll put a little wall up at 100 when trading starts just in case anyone wants to 'donate' to my personal benefit... but I seriously don't expect those orders to ever get filled.
