The value is in the network of people invested in it and that continue to invest in it. To look at these projects the same way you'd look at a private company or a public company would be to completely miss the point. The point is not to deliver revenue or GAAP numbers. The point is to deliver and continue to support a robust network through a governance model that people believe in and where the incentives are correctly aligned between the token holders and the supporting foundation.
I think that's the reason why so many people have trouble understanding the space. Fundamentally networks are what make humans so powerful. The USA is nothing more than a network of people that agree on a set of shared principles. The growth of a network's value isn't linear. A network that goes from 1 person to 2 people isn't twice as valuable, it's exponentially valuable and we're still in the really early stages of figuring out how to value these new, global networks that are forming rapidly.
So the real answer is that we just don't know, but it seems clear that the old world rules don't quite apply.
I never claimed I was a genius for generating 5x. I think you're putting words in my mouth. I'm not a genius. I just see an opportunity that I think a lot of people are missing. I think it's still very early in the space, and I'm making moves to take advantage of it. I'm willing to be wrong and lose 100% of my investment. I'm diversified into my holdings, I follow the projects and teams closely and in case of regulatory risk I have an exit strategy.
I do think further upside is inevitable just based on the sheer demand hammering the exchanges which carry these altcoins. If anything, the influx of capital waiting to flow in will stabilize the prices further even though it may not strictly generate more upside. It'll at the very least set some more solid floors in place for existing asset prices.