Thanks Bill.

I think the secondary markets will ultimately price it, but I wonder if they will be able to keep up with the daily ICO option increasing supply. I might say, "Sure, I'll trade my ETH for EOS as I think EOS will be more valuable long term." But would I pay $200 for EOS right now knowing that every single day for the next 300+ days, people will have to buy up 200 x 2,000,000 ($400M) worth of EOS to support that price?

This is going to be really interesting. I want to figure how how to analyze that contract to determine what the daily contributions are at any given time.