Sep 4, 2018 · 1 min read
Perhaps I’m missing something, but your Apple analogy seems to assume that the relationship between token price (value) appreciation and investor distributions/dividends are mutually exclusive, when in fact investor distribution expectations should significantly impact the price. In basic finance theory, the value of a stock price (analogous to a token price in the example here) would change based on the expected growth rate of those distributions, which seems to debunk the ceiling price concept.