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RE: Overvaluation and cryptocurrencies
I do not trust ICOs they are shit and scam. There may be some which are good but majority is a shit. Taking money before starting a project and there is no regulation so it is bound to crash sooner or later. By the way great comparison of the companies with cryptocurrency as there is no regulation of cryptocurrencies there won't be any model to evaluate the worth of cryptocurrency in near future. Cryptocurrency has no intrinsic value the only value it has is the market adoption and usage of technology.
Thanks. I thought it would be interesting to see cryptocurrency in comparison with real world money making companies. I know we cannot compare it, but , imho, some cryptocurrencies (especially, centered on dividends and profits) can and should be compared with listed companies on stock exchanges. This way we can see how under/overvalued crypto is.