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Topic: Do you think that there is saturation in the market? (Read 270 times)

full member
Activity: 434
Merit: 100
I think any market goes through a series of projects that do not represent anything. thus, people get both experience and worthy projects
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
The market is not easy to be saturated, because now there are so many coin thrives so I think we just hold on and wait for the opportunity, who knows patience will have a great advantage at the beginning invest in this market
jr. member
Activity: 420
Merit: 1
What do you mean by saturation? Saturation of the market with crappy ICO projects or shit coins? Yes, there's a lot of shit, but you can make money on shit. Wink
hero member
Activity: 1092
Merit: 500
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?

Yes it is! actually it was most often happened every time there is a new ico project appeared in this industry of business dude. Though, nowadays lots of ico recently was ended up into scam , then only few are true and transparent to their community and investors which I could say became successful in the end of their project campaign.
legendary
Activity: 1932
Merit: 1273
ICO investments is still yet a good way to fund a project. Even though there are statistics that said 99% of ICO will fail, a smart and experienced investor will find a way to be able to make a good investment. I believe it does not make ICO become obsolete.
member
Activity: 91
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?
I think the market is getting saturated so we do not make much money from investments and bounty campaigns. But this is an important part for the market to develop strongly. We need to have faith and patience to overcome this difficult time.
jr. member
Activity: 182
Merit: 1
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?

But there are some reliable ICOs and have contributed positively to Crypto, this is a good thing, such as warning against the scamm that is adversely ICO that is really positive for cryptocurrency.
legendary
Activity: 2646
Merit: 3911
Politicians make the same promises. Have they made the world better?
Do not trust everything that is said but what done, if the project contains real developers, a limited number of currencies, plans for the future, it may make profits.
Note the risk of something that may and may not realize [1][2].

in short, Don’t invest in ICOs.

[1] ICO Funding Exploded In 2018 But Fell Off A Cliff In July. Here’s Why
[2] The ICO Boom – 2018 Eclipses Previous Years
full member
Activity: 627
Merit: 103
Sorry to admit, I haven't found yet an ICO project that did not claim they are the best currency. Some of ICO owners compare their upcoming coin to Bitcoin and other stable coins. These are a shit coin, no doubt. Who wants to create a hype about their ICO. But at the end of the day, every ICOs are same, they finished token sale, make some exchanges listed and then done! So, Saturation market is a normal matter now.
member
Activity: 1092
Merit: 29
'Free as a bird'
Yes, I'm personally very saturated with current market. Not because "Shit ICO" or "ICO Scam", but because the average concept of ICO Project are same or mainstream, even tend to imitate. We need new concept of the project!
hero member
Activity: 2632
Merit: 833
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?

Of course it has hurt the market already. Just look at how many scam ICO we have so far, almost 80%-90% are just pure scammy and shitty ICO's with no real life usage whatsoever. They just want to suck the money out of gullible investors.

And then we have a legit ICO, however the problem is that this project is just a copy cat of previous ICO's and possibly copy and spun the hell out of it and just add a few flavors.

Project teams need to developed something unique, something that will stand out and have the fundamentals and potentially help a lot of people.
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?
The market is never saturated as you say. There will be some altcoins still doing the bump and dump. Looks like you did not see that. Anyway, if there is saturation, that means the market is going to the moon or to the bottom of the sea.
copper member
Activity: 434
Merit: 4
Yes, I also think that there are too many of them. This may be unfavorable to the market, but from a different point of view there is a lot of competition, a kind of exam for projects. The community will choose which projects will remain and which ones will be forgotten. You need to do your own research and carefully choose which start-ups should be invested. There are very good projects, which, in my opinion, will show strong growth in the future.
member
Activity: 1106
Merit: 11
Crypto in my Blood
I would like to invest in ICOs but I don't like to invest in guaranteed ICOs because It's the truth none of legit ICOs can't give a guarantee. So I am always away from the biggest promised ICOs.
hero member
Activity: 3150
Merit: 937
Unfortunately, that always happen in most ICOs. They look profitable because of those promises and unique ideas with the project. Because of repeated acts by ICOs, most investors are now buying their token only for the sake of bonuses and take the profit once get listed in the market. After that, the price gets dump lower than ICO price and worst case scenario is that the value of their token gets lower and lower. The result, they don't have enough funds to support and continue the project because of the price dump. That might be one of the reason why other countries banned those ICOs.

There's no profit,after the ICO tokens get listed on crypto exchanges.The token prices decrease very fast,because of the big supply and low demand.Look at VIBERATE tokens last year and GRAFT tokens listings last winter.Most of the ICO investors had lost a lot.However,I think that the crypto market is saturated by the
large amount of altcoins,not ICO tokens.
full member
Activity: 506
Merit: 101
1 & 0 😏
Yes, nowadays there are dozens of digital currencies that make good promises for the future. Even today their implementation can make some sectors business much easier. But, being greedy causes scam projects that reduce people's belief in digital money.
full member
Activity: 217
Merit: 100
Yes ICOs are more troublesome things rather than give you good return. I have always lost money on them and then I stick with the legit coins only, ICOs are not a good thing, we should stay away from them.
hero member
Activity: 2632
Merit: 626
Vave.com - Crypto Casino
Ico is a big problem to cryptos and that is causing confusion and fear these days. I think soon, maybe next year or thereabouts, something good will happen for icos to be better. Maybe a kind of regulation will take place.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
Majority of people are gradually lossing faith in ICOs.
Majority of them fail to raise any funds at all, and only fee cross the $100,000 mark.
People are becoming more aware in how to select an ICO. Unlike last year when all ICOs were riding the waves of the bull run, and investors freely staked their money.

In general, I think this is good for cryptocurrencies, and would likely discourage scammers and underqualified developers.
member
Activity: 111
Merit: 10
Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?
indeed a significant decline occurred in mid 2018
where many people began to leave Crypto and did not believe in Crypto
but there are still many who persevere and believe that crypto will truly reach its peak Undecided
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