Bitcoin and ICO's | Bitcointalksearch.org

cotton ball

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Quote from: Mpamaegbu on October 16, 2017, 04:45:36 AM

Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

You raised a valid point, honestly. But I think that apart from the devs expectedly taking that fluctuations into consideration in their estimation, the total units of coins sold should be the major concern. We have always known these ICOs to reveal to the public the total units offered and days sold off should be concluded. I believe the devs focus is on the units of sales more than the total cash raised because they already have that figured out.

This is a problem because some ICOs fail for two reasons: less popular than similar ICO projects, and their sales fail because of the bitcoin fluctuation rate. The best solution is to add as many payments used so that their benchmark price is USD. Many ICOs suffer bad luck due to significant increases in bitcoin prices but they can be well covered from stagnant payments of ethereum and litecoins.

sublime5447

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of course this will impact widely, when the price of Bitcoin fell and some of Altcoins also follow because they have a similar market share and may contributing to each other. it happens because the most profitable in this industry is still Bitcoin.

Mpamaegbu

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

You raised a valid point, honestly. But I think that apart from the devs expectedly taking that fluctuations into consideration in their estimation, the total units of coins sold should be the major concern. We have always known these ICOs to reveal to the public the total units offered and days sold off should be concluded. I believe the devs focus is on the units of sales more than the total cash raised because they already have that figured out.

rayneh

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Quote from: lighpulsar07 on October 14, 2017, 04:22:54 PM

Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

well this will affect on ico great since they are rely on the target price in dollar they might reach the target amount early than expected but on thr other hand, this might rise problems too due the fact that price is veru high and also, they are saving bitcoins for the hardfork they have struggle to find new token holders.

As you said about great ico there are many ico which is already reached to it's goal now a days people are making good ICO means there main aim and goal is pretty good which can bring a best thing to the world. So like that these cryptocurrencies reach to it's maximum goal.

lighpulsar07

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

well this will affect on ico great since they are rely on the target price in dollar they might reach the target amount early than expected but on thr other hand, this might rise problems too due the fact that price is veru high and also, they are saving bitcoins for the hardfork they have struggle to find new token holders.

Lipe490

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This fork thing will be temporary negative for ICO's and also Altcoins. We should see a blood bath 25 october because people will sell their positions for BTC and have a piece of Btc Gold. Whoever is planning to launch an ICO by this day won't be selling too much with bitcoin, but those who accepts Eth, Dash, Decred will be fine maybe. I have seen some dev from ICO delaying the launch and the end of their Pre Sale because of this FORK.

kuyaJ

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I didnt heard any case of that kind of things that happen, but in that case there are too many ICO will get banned but we dont want this so too many bitcoin users or ICO member do what they can. ICO is the thing that can help us and too many people do join in ICO because we believe that it can help us more than what we think.

13abyknight

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

This is a really hard period for ICOs and altcoins in general. Holders are dumping everything in their hands just to get enough BTC before the fork and don't expect altcoins to stabilise for a till November as investors are more interested in making profit off the chain split.

TomUyamot

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

This will push their ICOs to the roof. Those projects conducting their ICOs this October are very lucky because bitcoin is performing really great. The high soaring of bitcoin does not end yet. We still have several days left before the friendly fork is happening. I am seeing a $10,000 bitcoin price within 2017.

JaredStein

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ICOs is one of the worst things that could've happened to Bitcoin, but in a way it's kind of good because you'll have people realize after that Bitcoin is the real safe haven.

Firefly Foundation

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ICO can be used for a wide range of activities, ranging from corporate finance to charitable fundraising to outright fraud.

satish37

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It is always negative correlation, it is the only direct ICO responsible for rise in Bitcoin market price . Reason all the Altcoins are in direct competition of Bitcoin. Best related example is Bitcoin and ethrem

elite2291

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I think yes and no. When people dump bitcoins, they can buy other altcoins and vice versa. Some ICO's now only accept ETH or only BTC.
Unikoingold for example only accepts ETH, so they are taking their stand and it's good for ETH itself.

Hallmader

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

No it does not. If a project's ICO is accepting Bitcoins, then they are very lucky on the contrary since the value in US dollar of their gathered bitcoin is very big. Imagine, a single Bitcoin is increasing in US dollar value in the hundreds. That is a huge additional contribution to their project funding. They must be very thankful of the price increase of Bitcoin right now.

Irdina

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TheFutbolCoin

Yes it seems that many investors are choosing bitcoin ,, now many ico whose sales don't reach hardcap ,, I hope this does not affect ico continuously ,,And investors again glance at ICO ,,

mostkey

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Quote from: Rozita on October 12, 2017, 12:00:26 PM

In my opinion the answer is yes. I think these days most of people prefer to have more bitcoin instead of any other coin. It is obvious from charts. Whenever Bitcoin is more stable, ICOs can get more fund and now the situation is quite the opposite.

This is because they have seen with what has happened in August's hard fork, this free coin is what they are looking for, and this is also the reason why they prefer to collect bitcoin. but I think, after a hard fork passed, altcoin prices will experience instability, therefore prepare funds to buy altcoin

949miner

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You can look at coinmarketcap and this will give you the right answer to your question, all the altcoins are in red numbers right now, and most of them who recently came from an ico are in more than 10% of losses in the last 24 hours.
A lot of altcoins are going down because people are moving their funds to bitcoin to prepare for the fork, and of course, to take profit from this recently increase.
so it does not surprise me, altcoins are not going to be forever, bitcoin maybe.

crptotrader007

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My answer is yes it will have some major effect on its prices too. And this, you can clearly see everything in the bitcoin Naked chart as they have some kind of inversely proportional relationship with ICO's. Yes you are right that bitcoin is more stable than any other coin and that's the reason that more & more ico's are having BTC as their mode of payment for now, previously they used to have Ethereum and Litecoin too. And i dont think that this move will make them to closes their ICO. Let us start making note for future and see where can we see any ICO to close their coin.

Solomoon

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I think investing in ICO will be much more profitable than investing in BitCoin, but many ICOs scam and fail, be careful.

Slow death

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Quote from: Tszunami98 on October 12, 2017, 11:36:09 AM

My question is...wont this affect ICO's?

I think it affects, for example in the signature campaign where I participated they collected funds using ETH and paid campaign participants with BTC and when btc increased in value they had difficulties paying in btc and so they switched to fiat payments , so I think it has some effect. Now many ICOs are meaningless and will be another altcoin that will make people lose money.

see some alticoin how they have fallen in the last 4 weeks how many people must have lost money.

SC (siacoin) has been the great disappointment of the year of 700 satoshi for less than 100 satoshi.

Topic: Bitcoin and ICO's (Read 605 times)