Interesting. I have been trying to compare BTS with Etrade. Using the 5 cent price for BTS; 3.2 million BTS is $160,000 of revenue per month or (times 12) about 1.92 million per year. Lets call it $2 million. eTrade has revenue of 2.3 billion a year and is worth 12.7 billion market cap. About 5.3 time revenue. If you call it 6 times revenues. If BitShares is worth 6 times annual revenue ($2Million) then it is worth 12 million in market cap. Currently the market cap is 134 million. The BTS price has been all over the map from less than a penny $0.004 to $0.40. We can now guess a fair price for BTS; lets say 10 cents. That makes the BTS worth 24 million; or BTS is $.20; BTS is worth $48 million. That said BTS is one of the few cryptocurrencies that actually has a working product and positive revenues. It is in a wildly growing industry and posed to completely revolutionize finance. In the early dot com days no one wanted to be profitable because then people would start doing ratios on the companies and they would look overvalued. It is interesting also that most of Etrade Revenue comes from margin Interest and most of Bitshares revenue comes from asset creation. Trading is almost free on Bitshares! This is one alt coin that I think is undervalued long term. And with revenues like this it can survive long term.
RE: Fees Collected on the BitShares blockchain through September 2017