BTS does invalidate the existence of many ICOs. It's one of the best blockchain products out there and it'll be one of the few cryptos that would not only survive but also lead like Microsoft or Google. I can see it go to $100 in 5 years or so. But $342 is way too much for me. It'll take a lot of time and/or dollar loosing value which is very possible due to moves from China and Russia. If there is a non-dollar dominated system, lots of countries will jump ship. With assassinations and puppet governments around the globe and messing with lots of internal affairs of countries, USSA has lots of enemies. On the other hand China/Russia has no such track record. There is no guarantee they won't walk that path. But Past track record and not having too much global dominance of China/Russia will make them seem less hostile for nations all over the world.

BTS could become the largest exchange in existence for some time until it get toppled by a better product. Too bad exchanges aren't too friendly. If we could get Binance on board. that'll be great.