Topic: Does Bitcoin price affect ICOs - page 23. (Read 2957 times)
Bitcoin price fluctuations affects almost everything crypto related, at least for now. For ICOs, when people are investing the invest using crytpo currencies Bitcoin, ETH, DODGE, etc. And if you check the charts of of bitcoin, over the last 3 months, when the prices of bitcoin falls, the others also fall, and vice versa. Now during an ICO when people are investing it means the value will also fluctuate, people can then decide to invest more or less at that particular given point or price. don't forget most investors have to convert from fiat money to crypto money to invest, so when the exchange rate favors them, they will probably invest more, when it doesn't they would either hold off from investing or invest very little - protecting their exposure.
I'd like to say that in crypto everything is related to bitcoin: If it falls, then all crypto fall, tokens are also subject to this trend, because if investors leave bitcoin, then they leave other crypto-currencies and tokens. When people are not very well versed in the crypto world, Bitcoin is the master of digital money. As soon as Bitcoin's rate falls, people's trust about it going down, and transfer their funds into other coins or projects.
I think yes, almost all ICO price converts to ETH price then ETH converted to Bitcoin and vice versa. except for miners or trader hold ICO, that also can make influence a fluctuation.
Ofcourse it can affect the ICO when comes on pricing if the coins in market will exchange on btc the price will also goes down. It happened at all when btc goes down the market trading wil also lessen the price
I do not know why. But I have been watching the price of this market for a long time and I see once the BTC goes down, almost the entire market goes down with it. I think people sell their tokens to buy BTC when it drops, I think so,
Ofcourse it can affect the ICO when comes on pricing if the coins in market will exchange on btc the price will also goes down. It happened at all when btc goes down the market trading wil also lessen the price
Yes, and for me this is only a guess because i do not really know about the relationship between bitcoin and altcoin and for that i guess the price of bitcoin will affect also with the bitcoin price. Take a closer look when the bitcoin market price is high those altcoin market price is too low or there are indicators like most of them got red. But if the bitcoin market price is low then altcoin market price also is too high in regards to the ratio and proportion of altcoin to bitcoin. If you are going to trade altcoin to bitcoin the best way is to trade bitcoin when the market price is low. The value of altcoin is great at that time and you may get bigger value of your altcoin to bitcoin.
i agree because i also notice that everytime bitcoin increases , the value of altcoins were also decreasing , so i guess there is probably a solid connection between the two. however this view is only based on my experience because i myself dont also have a proper knowledge regarding on altcoins. however in the case of ico's , i dont think they are related to each other because an ico is totally different from an existing altcoins.
i think btc and eth is basic all of ico invesment, they can investing some fund from there. so if btc go down it make lower price too if use calculated with usd.
beside that if btc down this moment is good to investing prospectively ico
beside that if btc down this moment is good to investing prospectively ico
Yes of course, because bitcoin still the main or number one and the most common coin in cryptocurrency, and bitcoin will thread other coin if bitcoin up and down, so please support our first crypto and the famous one to help people know more and easily now about cryptocurrency
Of course, the price depends on BTC directly, because if the market is all red and the ICO has released its token and it starts to bargain then the price adjusts to the market and accordingly falls or grows
Yes, and for me this is only a guess because i do not really know about the relationship between bitcoin and altcoin and for that i guess the price of bitcoin will affect also with the bitcoin price. Take a closer look when the bitcoin market price is high those altcoin market price is too low or there are indicators like most of them got red. But if the bitcoin market price is low then altcoin market price also is too high in regards to the ratio and proportion of altcoin to bitcoin. If you are going to trade altcoin to bitcoin the best way is to trade bitcoin when the market price is low. The value of altcoin is great at that time and you may get bigger value of your altcoin to bitcoin.
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.
If the bitcoin price falls, and the price of the project's tokens is set in bitcoins, then investors should invest in ICO to fix their profits. But when the price of bitcoin grows, the whole market grows and this adds optimism to investors.
king of crypto currencies btc. btc is affecting the price of everything. but maybe the ico price may be independent of the btc price. I think it does not.
Bitcoin price movements will affect all alts so of course ico tokens are going to be affected. When bitcoin crashed then all alts will be affect because they have btc pairing on exchanges. When bitcoin is bullish then crypto as whole will be full of optimism and that will drive a lot of coins price up.
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.
It does affect the performance of ICO.As we can see, when the market is bullish, ICOs are more likely to see out and perform well when listed on exchanges.
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.
For me it can really affect an ICo because this is the one reason that they extended their ICO end.Because they knows the value of their token will goes low also.
The prices only reflect the current sentiment in the market, during a downtrend like now the overwhelming majority is driven rather by fear than euphoria, therefore people are more cauteous which results in ICOs taking much longer to reach their cap, even good projects like Narrative. And once they hit exchanges they don't flip 3-5x anymore either.
A down market effects the ICO's for sure. With bitcoin affecting alt coin prices some to a major extent others to a lesser extent (my opinion anyways) it certainly effects the end ICO price as they often set a hardcap at like 6000 ETH for example.
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.
To be real, BTC price affects the entire market in a way or other and ICO are not left behind.
I remember, how BTC downtrend affected seriously good ICO projects to raise there soft / hard cap (a good example is UTRUST).
When the BTC is over a downtrend, we usually see the entire marketcapital over a downtrend, masses are scared to invest there money in crypto, and hence it affects the ICOs as well.
I think that the key factor of successful ICO project is demand of it’s product or survive. Let’s deep into investor mind! Almost every experienced investor or even newbie start with BTC investments. And when BTC fall, they lose their savings. So, their wish to invest in risky projects begin less and less... As a result, ICO project cannot collect enough amount of money for soft and hard cap.
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.
You can not say that Bitcoin directly affects the ICO! Bitcoin influences the crypto currency market, which negatively affects the desire of investors to invest in projects. I recommend a good project to study https://goo.gl/ENu9CL
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