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Topic: Does Bitcoin price affect ICOs - page 2. (Read 2957 times)

legendary
Activity: 1218
Merit: 1000
February 14, 2019, 05:11:25 AM
If the value of the bitcoin dump the price of the token in ICO will dump too.
well, most investments are made using bitcoin and ETH, when the price of bitcoin rises, it will affect the funds for the development of an ICO, but if it declines it will also make the funds of an ICO decline. because of that, bitcoin sometimes influences the price of coins from the ICO.
full member
Activity: 420
Merit: 100
February 14, 2019, 03:10:16 AM
I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.
Only when the tokens enter the exchange they are subject to this dependence, in the other case, everyone hopes and sees good prospects. It is this reason that causes many to throw tokens without waiting for profit.
hero member
Activity: 1834
Merit: 523
January 28, 2019, 07:50:48 PM
If the value of the bitcoin dump the price of the token in ICO will dump too.
full member
Activity: 602
Merit: 111
January 28, 2019, 05:52:06 PM
This is one thing I can say I am relatively sure about. As long as it is in the crypto market then the price of bitcoin will definitely affect it. Price of ICOs generally trend in the direction Bitcoin is going. That is the exact reason why ICOs are not making a lot of money or fetching investors the desired profit. Until the price of Bitcoin hits an upward trend, I don't think that ICOs will do too well. The best thing is to have some tokens that can fetch you a tidy profit when the bull hits. We could all  do with some profit after a while.
each and everything has its own way to develop so it will not be supported and depends open anything so it was will not be affected by Bitcoin at anytime.
sr. member
Activity: 994
Merit: 366
Duelbits
January 28, 2019, 05:32:16 PM
Yes, because the ico price was set by the major Cryptocurrency like Bitcoin, Ethereum & Litecoin. If you want a currency does effect from Bitcoin Price you should invest on shitcoin/non ico project.
jr. member
Activity: 213
Merit: 1
January 28, 2019, 04:44:09 PM
This is one thing I can say I am relatively sure about. As long as it is in the crypto market then the price of bitcoin will definitely affect it. Price of ICOs generally trend in the direction Bitcoin is going. That is the exact reason why ICOs are not making a lot of money or fetching investors the desired profit. Until the price of Bitcoin hits an upward trend, I don't think that ICOs will do too well. The best thing is to have some tokens that can fetch you a tidy profit when the bull hits. We could all  do with some profit after a while.
sr. member
Activity: 1221
Merit: 250
January 27, 2019, 10:59:21 AM
The price of Bitcoin connects to the ICO market when the project collects funds in BTC. If funds are collected only in fiat money, the BTC price should not affect such a project.
full member
Activity: 476
Merit: 101
January 27, 2019, 10:51:24 AM
I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.
Of course, it will affect, like the entire market, look at how many projects were frozen last year and could not develop further. So here everything is directly proportional, and the tokens at the same time become pure garbage.
member
Activity: 490
Merit: 14
January 27, 2019, 07:28:40 AM
Look, now BTC is cheap and huge investors prefer to invest money in btc avoiding price changes and cheap tokens without value. When BTC is high, whales prefer to invest in ICOs
legendary
Activity: 3206
Merit: 1213
Enterapp Pre-Sale Live
January 27, 2019, 05:54:10 AM
The term cryptocurrency existed from bitcoin, once after the bitcoin each and every coins and ico's growth were dependent on bitcoin directly or indirectly. In this way there is nothing to surprise to look upon the destruction of the ico's growth which were expected to reach good on scheduled time scale.
full member
Activity: 1638
Merit: 122
January 27, 2019, 05:45:48 AM
It is harder to collect funds when BTC price is low, because nobody wants to invest. People believe that BTC will grow and they have more believe in it rather than in shady ICO

I thought low price attracts people to invest because they can afford it compared to when the value of btc is high enough ?   

Quote
People believe that BTC will grow and they have more believe in it rather than in shady ICO

If its true then why do you think that btc price didnt grow ? 

Imo , bitcoin price does not affect ico because an ico uses their own coin and people does not need to buy btc before they can participate on it  .
jr. member
Activity: 378
Merit: 4
January 27, 2019, 05:27:03 AM
it is unquestionable. Bitcoin has been leading the encryption market. when bitcoin prices rise, altcoins prices will also rise and ICO prices will rise. therefore, the price of Bitcoin indirectly affects the price of ICO.
member
Activity: 244
Merit: 10
January 08, 2019, 04:50:13 AM
All most every altcoin takes rally with the BITCOIN price whether it is uptrend or down trend & most of the ICOs collect their funds in BTC, ETH, LTC, BCH etc. For the project to carry on their Pre-sale, Private sale & Public token sale takes time & listing on exchange takes another minimum of 2 months. For example take total period for Pre-sale to public sale is 3 months & they collected 3M$ in their token sale & they haven't converted their token in USD. If the market turn into bearish mode they will be affected badly as the value of their total collected funds will be reduced in terms of USD vice-versa if the market turns into bull mode they will be in profit. Price of BTC can affect ICOs positively as well as negatively depends on the condition of the market.
jr. member
Activity: 378
Merit: 1
January 07, 2019, 01:47:59 PM
Bitcoin has a big influence on the development of ICO. And with the collapse of the crypto market price, the ICO has an impact that has taken place in 2018. The decline in the price of Bitcoin has an impact on all declining Altcoins, especially for Ethereum which also collapses. So that many projects failed and ICO coin prices also declined.
sr. member
Activity: 692
Merit: 254
terra-credit.com
January 07, 2019, 09:55:19 AM
Of course yes, bitcoin prices affect this whole market. If the BTC falls, you will definitely see this market shedding blood in a frightening way, Look what the market looks like when the BTC falls from 20000$ and now only 4000$
hero member
Activity: 1274
Merit: 500
January 07, 2019, 09:10:53 AM
Yes, bitcoin price is something what determines fluctuations of all market and I suggest you to keep on track btc prices. When I analyze movement of each altcoin I look at BTC as well!
BTC has a great influence on the coins. We should choose when the value of Bitcoin increases for investment because it will bring more profits. Maybe the value of Bitcoin has decreased over the past year but this year everything will be different and Bitcoin will continue to dominate Cryptocurrency again.
member
Activity: 434
Merit: 10
January 07, 2019, 07:53:42 AM
It is harder to collect funds when BTC price is low, because nobody wants to invest. People believe that BTC will grow and they have more believe in it rather than in shady ICO
member
Activity: 462
Merit: 10
January 07, 2019, 05:36:35 AM
Yes, bitcoin price is something what determines fluctuations of all market and I suggest you to keep on track btc prices. When I analyze movement of each altcoin I look at BTC as well!
member
Activity: 448
Merit: 10
January 06, 2019, 06:07:32 AM
if judging by bitcoin price changes, then when he gives the majority of the coins, too, they start doing this, so I conclude that it affects
full member
Activity: 407
Merit: 101
January 06, 2019, 05:58:53 AM
I think bitcoin greatly affects the ICO because if the price of bitcoin decreases, investors' interest will also decrease because they are afraid of losing the value of their investment. On the other hand when the price of bitcoin decreases, the price of ethereum will also decrease.
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