Do not expect something from ICOs till btc to FLY - page 3.

Primal6666

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

My opinion is that tokens and coins need to leave out of the influence of bitcoin. This is not a serious situation. I think that the problem is, too high a bitcoin price. It is not clear to me how one can talk about decentralization, if the whole market can be managed through the price of bitcoins. There is not so much coins that do not fall under its influence.

darkphoenix2610

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

Agree with this statement they are basing the price of bitcoin as we can see for now lots of ICO delaying the payment of everyone and they will pay before the q3 or after q3 because they choose have a good profit and as you can see many ico was run the dev because they didn't reach their softcap

CaMeRoNy

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I agree with the author, but it is also worth noting that many ICO are just a Scam, and now only a few ICO can be called relatively good, although throughout 2016 and 2017 there was a very different picture.

Dreamchaser21

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Quote from: SimonJones on July 10, 2018, 05:13:03 PM

Some ICOs are still doing well even in the bear market. Lots of people are flipping ICOs now and not holding for the long term so we need to be careful in the ICOs we get into. A recent one would be Quark Chain.

Yes, some of the ICOs right now are still doing good and succeed on that but since the market is highly volatile now investors usually sold their token easily and even bounty hunters and the result is the value of that tokens becomes less. BTC is really a center of this market, now we are in the red market again after we fail to break the resistance I hope it will not touch the support level again.

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

At least i have created more than 5x from the icos in this month. the only way to earn through ico is choosing the promising one. The promising project will get a lot of hype from the investors and it could be so easy to be listed on the big exchange site and that will generate a huge profit for us.

Yokonaumiyaki000

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

Although this is highly probable, not all altcoins solely depend on the price of bitcoin as its base price.

Altcoins adepends on Ethereum as well, and ETH is also following bitcoin, that's why you can say that ICO's (that are made for altcoins) are also just following the Bitcoin wave.

filtyfrank251

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Quote from: SimonJones on July 10, 2018, 05:13:03 PM

Some ICOs are still doing well even in the bear market. Lots of people are flipping ICOs now and not holding for the long term so we need to be careful in the ICOs we get into. A recent one would be Quark Chain.

There are so many ICO projects that have been formed and called for capital in recent years, but the number of successful projects is just a small amount, which makes investors' confidence in ICO projects drop. . I believe that everything for the cryptocurrency market has just started and investors can determine long-term investment in this market.

a2offrb

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What you noticed is in it's deep sense. From my own observation, I can deduce that some ICO's because of this Dip stylishly defer payment of their Bounty Hunters tokens for the fact that the bearish period shall not favor them at such when payments are made and since the trend of Bitcoin is what most of them relied upon. So, where is the enjoyment coming from for any active member in the field be it investors, miners, stakers or hunters? Unless with minimal turn out and this is even just for those that are very skillful in the various field analyzed. Patience is just the key watch word.

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Quote from: SimonJones on July 10, 2018, 05:13:03 PM

Some ICOs are still doing well even in the bear market. Lots of people are flipping ICOs now and not holding for the long term so we need to be careful in the ICOs we get into. A recent one would be Quark Chain.

The only icos that are doing good now are hyped ones or the overly hyped ones. Some icos just create fomo in order to sell out. And the ICO space has undergo a lot of changes in recent times. What most team do is to sell huge portions of the available tokens to vc and remain just a fraction of it for the crowdsale. The small reserve for crowdsale is used to create fomo so there will be some demand post-ico on exchanges

SimonJones

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Some ICOs are still doing well even in the bear market. Lots of people are flipping ICOs now and not holding for the long term so we need to be careful in the ICOs we get into. A recent one would be Quark Chain.

cryptowolfsu

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In the first six months of the Year we already have the same number of ICOs like we had the whole last Year with double
amount of gathered money than last Year ( more than $ 13 billion collected for ICO this Year )
The common is that due to bearish market the price drops under the ICO price when coins enter the market.

danherbias07

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

Have noticed that and Ethereum did not escape it also. It was dragged down by the bear market of bitcoin.
There is no such thing as a stand alone token by now. I think it will just be Tether but that is because it is USD itself.

Other tokens that I have are in blood bath. There are days that I cannot look at it anymore. Maybe I will check it again next month.

real eyes realize

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I also think that, expecting something from an ICO till btc to fly is not reasonable. I think this term is a very bad period for the ICOs, because I think it is must be very hard to find investors for them, while everybody is thinking about buying altcoins at low prices.

brightamo

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It is true that when bitcoins price is bearish it affects ICOs prices when they enlist on exchange. Most ICOs recently are facing a tough time of becoming profitable, and about 90 percent of ICOs after enlisting trades far below the price it was during the ICOs phase.

ehiozuwa

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It seem to be the frequent bane of ICOs that soon after launch the prices dip below ICO price.Although some of it is caused by some bounty hunters offloading their tokens,the more important reason is because the general market is bearish.Only a few ICOs beat their ICO currently.

batang_bitcoin

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying.

They are not struggling financially, they have no real prospect and company to finance so many of them are failing but lucky are those who succeed.

Quote from: teramit on July 10, 2018, 04:11:37 PM

A lot of old Altcoin have seen bottom , new ones even under ico price.

After it was listed on an exchange, they are dump together with the bounty hunters.

Quote from: teramit on July 10, 2018, 04:11:37 PM

When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins.

2016-2017 is the golden age of ICOs but now isn't anymore.

Quote from: teramit on July 10, 2018, 04:11:37 PM

There is likely more than a year for btc to gather strength, same for ICOs.

ICOs are likely to fail while bitcoin is destined to be on the top again.

mummybtc

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

This could be true. This is what I tell people for now one need to cherry pick projects to invest into, for me it is not just the issue of BTC price not doing well but the quality of valueable projects in the space has decreased significantly everyone just want to hit the market with a project that has nothing in particular to add to the space and people started losing trust in the space

Litecoindigger

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Quote from: teramit on July 10, 2018, 04:11:37 PM

Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

Future development of ICOs really depends on this bear market. Actually there are way too much ICOs and lots of them doesn't reach softcap - means the project is cancelled and in best case the investors are refunded - in best case, it could be even worse. Extensions of ICOs can help to reach softcap but extensions have it's disadvantages, too.
I also agree that decreasing ICO prices after ICO are really bad for new projects - future investors won't invest in the ICO if they can buy the tokens after ICO for cheaper prices.

Another problem is, ICO companys often hold the funds in cyripto and due to bad cyripto prices the value compared to USD increased with falling BTC and ETH prices - in reality the investors invested more money, that the company has now to spend for development and affects in negative ways.

All this will dry up ICOs in a harsh way and if we see not soon a bull market again that can reduce trust in ICOs in addition to all the scam ICOs damaged the image already...

I'm with you and hope BTC will increase in value, that's the only possibility to "help" ICOs, especially ongoing and upcoming ones.

mbm_ico

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Most ICO projects do fall a bit after the stock market, but it seems to me that the main reason is the greed of investors who want to get only profit and they do not care about the technology being created.

teramit

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Today we can see a lot of ICO struggling for financing, some of them even canceling or delaying. A lot of old Altcoin have seen bottom , new ones even under ico price.
When we look at the history of ICOs we notice they start collecting money like 2016 they rise till the end of 2017 and falling in 2018 just like the btc. It is obvious they follow btc wave. So do not expect too much things from ICOs, tokens, altcoins. There is likely more than a year for btc to gather strength, same for ICOs.

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