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Topic: Does Bitcoin price affect ICOs - page 25. (Read 2974 times)

member
Activity: 182
Merit: 13
March 13, 2018, 02:07:22 PM
#29
It will. Specially if they are pricing their coin to BTC only.
Example. My ICO target is 1 million dollars, then suddenly there is a huge drop in the bitcoin price? Now the number of my token per BTC will also change.
How can I get that million dollar if the price keeps on changing that much. I guess they can only estimate it.
But they will be losing a lot if the price keeps on dropping. Instead of a million dollars, they will be getting like 700k for example. That means it didnt really hit my soft cap or hard cap.

Problem is, they cannot sell it with USD directly.
member
Activity: 224
Merit: 10
March 13, 2018, 02:04:22 PM
#28
During Ico i dont think bitcoin price affect ICO, if ethereum price rise then its affect ICO, if ICO over and trading live then btc Game start...  Grin Grin Grin
newbie
Activity: 46
Merit: 0
March 13, 2018, 01:42:12 PM
#27
For me yes. The funding for an ICO depends on the value of the bitcoin. So when the bitcoin is down then so as for the ICO funds. For example, an ICO uses a certain altcoin, when bitcoin is down, the other altcoin is also downl
full member
Activity: 392
Merit: 100
March 13, 2018, 01:21:32 PM
#26
I fully agree with you, I constantly monitor the graphs and see the full interrelation of btc with other alts. I don't know why this is happening yet.         
hero member
Activity: 3080
Merit: 603
March 11, 2018, 05:53:10 PM
#25
For example, bitcoin's price is high and by that time many people invested on ICO. And after a couple of months or weeks before the ICO ends, the price goes down so fast. They are affected in a way that they are depending to the price of bitcoin so instead of computing the whole bitcoin collection in quantity, they are computing it with value so that's really making some ICO's run longer with their collection phase.
hero member
Activity: 1036
Merit: 502
March 11, 2018, 05:49:37 PM
#24
it can affect their prices in two different ways:

1. everyone knows that whenever bitcoin is falling everything else falls harder. so ICO tokens are no exceptions. they can fall hard because of it and never recover.

2. which is the most important one in my opinion is the fact that when bitcoin is rising like last year there are a lot of newbies coming in with a lot of dreams of getting rich overnight while having 0 understanding of the market. and when price drops like these days the same newbies are running away as fast as possible.
these newbies are the main bulk of investors in ICOs and when there are more of them around ICOs can have better days than when there is less of them around and they are running away.

I agree on how the price of bitcoin drops and everything now was unpredictable, but with regards to the ico I think that the opportunity now at low price could attract good investors. Having those newbies weren't a reliable assurance that makes bitcoin price rise even higher, but the most certain situation was more wise investors waited for that low price to buy. If you think that it will affect the ico, then I guess that's far behind all speculated ideas because most of those who used digital currency now preferred a cheaper bitcoin value for their purchases.
legendary
Activity: 2688
Merit: 3983
March 11, 2018, 04:49:34 AM
#23
Because Bitcoin is the first and largest crypto, the success and confidence are transferred to the rest of the currencies. any vibration in this confidence affects the rest of the currencies as follows:

  • Bitcoin is used as an intermediate currency when purchasing any ICOs so any change in Bitcoin will affect the rest.
  • The easiest way to cash out is to convert ICO tokens into Bitcoin and so to any real currency.
  • Macro factor (Market direction): The standard at Bitcoin is very high which affects the mood of the market.
full member
Activity: 665
Merit: 114
#SWGT PRE-SALE IS LIVE
March 11, 2018, 04:47:35 AM
#22
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 really has a big effect on ICOs, imagine if a particular ICO is done and successfully finished but the price of bitcoin suddenly rises, then the price of altcoin produced on ICO will probably dump, since it is also base on the price of bitcoin during token sale.
full member
Activity: 504
Merit: 101
March 11, 2018, 04:03:56 AM
#21
When the price of Bitcoin increase holders become reacher and they want to invest more. Then the number of participants in ICOs is growing and projects gather more money
full member
Activity: 448
Merit: 232
March 11, 2018, 03:52:37 AM
#20
In our world, everything is interconnected, in the world of crypto currency everything is tied to bitcoin quite strongly. If bitcoin falls, then all crypto-currencies fall, tokens are also subject to this trend, because if investors leave bitcoin, then they leave other crypto-currencies and tokens. I think the main reason for Bitcoin's impact on new projects is the perception of Bitcoin as the main crypto currency by people. In the human mind, especially if people are not very well versed in the crypto-currency sphere, Bitcoin is the embodiment of digital money. As soon as Bitcoin's rate falls, human confidence on it also falls, which means that such distrust is transferred to other coins. Bitcoin acts as a litmus index. The jumps in its price are reflected in the public perception and are transferred to the altcoins and ICOs.
newbie
Activity: 280
Merit: 0
March 11, 2018, 03:43:45 AM
#19
I don't know much about this but I think bitcoin price fluctuations will directly affect ICOs, so to say, the bitcoin value increases, the icos value will increase with and vice versa.
Every step of the way involves the risk, you should carefully study your plan before making a decision.
full member
Activity: 406
Merit: 101
March 11, 2018, 03:23:42 AM
#18
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.
Then the price for tokens ico just as well as for other coins simply falls. Another factor is the influence of investors who do not want to invest heavily in the fall, realizing that this may not be of any benefit to them.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
March 11, 2018, 03:18:10 AM
#17
I think the price of the bitcoin will indirectly affect the entire cryptocurrency market, and ICO belongs to cryptocurrency market, so the bitcoin has great influence to the ICO market price fluctuations.
copper member
Activity: 462
Merit: 100
March 11, 2018, 03:15:57 AM
#16
When in 2017 the bitcoin rate surely grew, many altcoins gained weight too. Also ICO were more profitable, even in comparison with 2018.
Yes if viewed all this is highly influential
However, if the price bitcoin down this would then affect funds ICO then get kurangan so that it makes ICO roadmaps and development to stop as ICO this causes prices down.
jr. member
Activity: 588
Merit: 1
March 11, 2018, 03:01:37 AM
#15
When in 2017 the bitcoin rate surely grew, many altcoins gained weight too. Also ICO were more profitable, even in comparison with 2018.
member
Activity: 532
Merit: 11
March 11, 2018, 03:56:22 AM
#14
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.


Just add some opinions only!
Very affect on ICOs, because most ICOs use Ethereum platform. unless Ethereum becomes top coin no.1.
copper member
Activity: 648
Merit: 159
March 11, 2018, 03:35:20 AM
#13
Mostly affect, even most crowfunding using ethereum but when bitcoin price drop other coin  will follow, and that price dropping can cause many thing.
sr. member
Activity: 1036
Merit: 273
March 11, 2018, 03:49:46 AM
#13
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.

I think it affects the ICO projects heavily. Just imagine scenario where ICO projects have raised X funds before they launched their project. Here the price of bitcoin was at its highest point. So if you consider that price and X funds then practically they had lots of funds in their possession. Depending on that they might just regulate the roadmaps and new development.

However, in the next scene if the price of bitcoin drops badly then ICO funds will get reduced as well thus making the ICO roadmaps and development to halt as ICO will be loosing their funds as soon as the prices drop. This can affect it severely I guess.

Im with this guy but I will share my positive research and knowledge about it. So, when bitcoin market value increase it will affect an ICO because of the value but I would say not its mentain price. Infact I also have an ICO investment first I am not bragging I am sharing and informing you this. As of when you invest they will give 25% increase of your investments just when bitcoin value decreases just find the right ICO to invest with and I guarantee that you will earn it investing in it.
full member
Activity: 252
Merit: 102
March 11, 2018, 03:32:36 AM
#12
I think so because they still connected with bitcoin after all. With bitcoin falling people will be down and will withdraw their funds because all their money is converted to bitcoin.
newbie
Activity: 154
Merit: 0
March 11, 2018, 03:26:42 AM
#11
I dont know too much about that but in a common sense it can be effect ico. becuase when ico company fund raised and token sale into main market major currency can play a big role so no doubt about that
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