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Topic: Do you support the idea that ICO's are killing the crypto market? (Read 846 times)

full member
Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
Why can ICO kill Cryptocurrency? I know that ICO is a risky venture and ETH is an example of success. I think ICO is one of the factors that helped Crypto attract investors and make Crypto progress, I do not believe it could kill Crypto.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
Yes, because the fraud projects are killing this industry. The new wave of investors arrives and wants to make profit, they are entering any scam projects, are losing funds yelling that the whole industry is a scam and quitting.
copper member
Activity: 266
Merit: 0
No, i do not think that the ico are to blame, that the market has collapsed. This is certainly due to other factors. I am not an expert in this area, but that is my opinion.
full member
Activity: 899
Merit: 101
I'm not in support of the fact that ICOs are killing cryptos. I think the ICOs have made lots of individuals aware of cryptocurrency and blockchain technology in general. It has brought more awareness, and it tends to make cryptocurrency known globally.
new ICOs have positive and negative impact to market.some good ico make cryptocurrency community or participants growth alot, and it will make market capitalization rise.but the negative impact was major coins become risky to dump.to much people hold shitcoin.
member
Activity: 434
Merit: 11
i am pretty sure that most investors and traders are pointing their fingers to those ICO and blaming these guys on this repeated market correction. There are over 2000 altcoin existing nowadays and thousand of scam ICO are now being recorded. Do you think that we need more altcoins? We already have plenty of them so i believe that raising an ICO should be stopped and start helping other project, not compete with them where in the end, they will also be worthless.
jr. member
Activity: 230
Merit: 2
XCRYPT
I'm not in support of the fact that ICOs are killing cryptos. I think the ICOs have made lots of individuals aware of cryptocurrency and blockchain technology in general. It has brought more awareness, and it tends to make cryptocurrency known globally.
hero member
Activity: 2716
Merit: 904
I think crypto is getting stronger because of the ICOs that continue to grow but it has also a negative side to the existing coins in the market because we can't focus and keep switching of which coins is better.
hero member
Activity: 1458
Merit: 509
For me, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.

No, the ICO's are part of the Creative Destruction in the crypto space. Innovations will come forth and test of time will determine if they will survive.
So far, the only survivor after 10 years is Bitcoin. Let's see if other coins and projects will still be around after 10 years.

The they is about the product. When they can create such a useful product and then it will be so easy for this project to survive and follow bitcoin in the future. Bitcoin is not a security and then the ico must no become a security to still exist in the cryptocurrency. They need to create a utility token or coin.
jr. member
Activity: 375
Merit: 3
It would be a good idea, if there is no new ICO, we will only focus on existence coins, investors will use money to invest in existence coins and make crypto price increase, if investor invest in new ICO, no new money invested to existence coins will make existence coins dump.
full member
Activity: 588
Merit: 107
For me, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.

No, the ICO's are part of the Creative Destruction in the crypto space. Innovations will come forth and test of time will determine if they will survive.
So far, the only survivor after 10 years is Bitcoin. Let's see if other coins and projects will still be around after 10 years.
hero member
Activity: 2520
Merit: 952
You can exclude good ones, the ones who are really building something worthwhile for the space and need funds for that.

After ICO flood, one thing I noticed is, listing fees for exchanges gone rooftop.
sr. member
Activity: 728
Merit: 250
ICO does not kill the market. ICO thus making the market comes alive with many new coins with new dishes. without any ICO so monotonous will only market the coin it-it certainly makes investors alone and bored. This is the role of the ICO that could create a new atmosphere for could make the market into fresh.
member
Activity: 336
Merit: 10
“Crypto Depository Receipts”
If the ICOs are scam or a total failure then it will kill the crypto market as some people which is some are potential investors will stay away on this investment and will suggest the others to avoid investing too but if the ICOs is a success then it will make to attract more people to join crypto currency.
sr. member
Activity: 1274
Merit: 263
What ever what is really true on that. But the only need to do is how to recover again cryptomarket from falling the value. But maybe the ICO who are scam once they collected btc or ethereum from the investor they will convert or exchange it to fiat with worth millions of dollars that can cause dumping too.
full member
Activity: 532
Merit: 100
nope. the one that killing crypto are the scammer. scammers don't care what will happen in crypto what they care is how they can scam other people. ICO is a way for a individual or group to funds their project that they see it as helpful in the society but there are other ICO that are shit.
copper member
Activity: 90
Merit: 0
I thinks ita the other way round.  Eth and btc are the ones killing ico most icos are based on this blockchain and dip in this bith COIN have direct influence on the performance of icos durring and after their main sale events
copper member
Activity: 196
Merit: 0
For me, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.

Not really, ICO's, I think is doing the opposite and it is that, ICO is promoting the cryptocurrency market into investors, the bad thing is that, some ICO is scam that makes the reputation of some ICO bad. But doesn't really matter, I hope there would be some regulation for the legitimacy of an ICO before it can be implemented in the market.
sr. member
Activity: 1680
Merit: 259
For me, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.

ICO is only new idea with good concept but always using crypto as pair to built their performance. Crypto market is always grow with their pattern and technology, so even there's no ICO, crypto will live. ICO fill empty space in crypto market, so market is the leader and market can kill ICO.
member
Activity: 728
Merit: 14
i think scam icos are not good for the market, but it is not their fault alone that the prices have fallen. there are certainly many other reasons for that. the ico market was certainly good to keep crypto known and as soon as a new form of ico prevails, then maybe a good time for crypto starts again.
copper member
Activity: 119
Merit: 1
I don't support this idea . This point view is superficial and erroneous. ICOs have a very positive impact on the development of the crypto industry, all the negatives come from scammers who pretend to be honest projects , but disappear with money after the end of the ICO. It is they who create a bad reputation for a crypto and kill the market.
I agree with your opinion, the decline in the market is currently caused by the actions of scammers, I hope that in the future more regulations on ICO will be tightened to reduce the space for scammers.
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