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Topic: Bitcoin and ICO's - page 2. (Read 605 times)

newbie
Activity: 51
Merit: 0
October 12, 2017, 01:49:41 PM
#11
I guess only a little bit if it affects ICO for bitcoin because some ICO have other coin payments instead of just bitcoins so it seems that it does not really matter
legendary
Activity: 966
Merit: 1006
October 12, 2017, 01:48:26 PM
#10
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.
Most of the ICO will just sell whatever they will get before or just after their crowdfunding campaign will end to remain in safe side. So price volatility will not cause any loss to them and they calculate their hard cap in fiat rather than in crypto (BTC/ETH).

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
October 12, 2017, 01:38:48 PM
#9
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.
It does really affects ICO but they dont really bother at all because if the cap would be reach on the sudden price increase on bitcoin then they would really still consider it and for sure those ICO owners would really be wary on the risk and possible of sudden price decrease on bitcoin specially on this upcoming event but not all ico do recieve bitcoin but there are still some alts but seeing on the ratio most are on BTC form.Ive seen on the some ICO theres really a bump on the cap since bitcoin did rise.
sr. member
Activity: 826
Merit: 263
October 12, 2017, 01:29:13 PM
#8
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.

I think bitcoin's price increase has no effect on ICOs. Because, in fact, ICOs give the initial value for each currency. and that value is calculated at the bitcoin rate (XXX altcoin = 1 BTC). That value has been defaulted and will not change until it is officially traded on the exchange.

Bitcoin and ICO are different regions. None of the ICO coins has been created with the ethereum based smart contract altcoins. Initial coin offering will give initial cost of the coin with the additional percentage with the amount paid in btc or ETH for the token sale.
In exchange you may get the more value with the traders to initiate the trade whenever you selling bitcoins. Buying won't give good price in exchange.
sr. member
Activity: 560
Merit: 256
October 12, 2017, 01:20:26 PM
#7
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.

I think bitcoin's price increase has no effect on ICOs. Because, in fact, ICOs give the initial value for each currency. and that value is calculated at the bitcoin rate (XXX altcoin = 1 BTC). That value has been defaulted and will not change until it is officially traded on the exchange.
sr. member
Activity: 378
Merit: 250
October 12, 2017, 01:13:23 PM
#6
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.

A good point though, I think it is very important for the ICO's to take this fact granted but in my own idea most of the ICO's have a minimum target for their crowd sale and once they reach it they are okay with it and the next investments that will enter their funds will raise the price of the token that they are representing.

Most of the ICO has a fix price in their token with each cryptocurrency that will be use in investing into it so I think the price of dollars is not necessary in most cases.
hero member
Activity: 1806
Merit: 672
October 12, 2017, 12:05:07 PM
#5
It will have a major effect on its prices of course. The last time Bitcoin had a price rally all of the Altcoins and I mean all of it had go down to, during that week only Bitcoin was up and all Altcoins are down. Because all altcoins are sharing the same market with Bitcoin and they all have the same traders, it just happen to be that Bitcoin is the most profitable at that time that is why traders are selling their positions on all of their altcoins to buy Bitcoin.
full member
Activity: 812
Merit: 124
October 12, 2017, 12:02:30 PM
#4
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.
More and more ICO's also accept payments in different coins now...where in tha past they would only accept ETH. Bitcoin is added among most of the ICO's as a method of payment now.
full member
Activity: 658
Merit: 108
October 12, 2017, 12:00:26 PM
#3
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.
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
October 12, 2017, 11:42:30 AM
#2
I believe many people that run ICOs calculate the exchange rate at the time of purchase, so if you have a $1,000 cap on your ICO and somebody sends in $100 worth of Bitcoin, then the price of Bitcoin doubles, the amount counted towards the cap stays the same even though the Bitcoin was worth more. Some of these places might be selling their coins as soon as they receive them, who knows.
full member
Activity: 812
Merit: 124
October 12, 2017, 11:36:09 AM
#1
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.
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