Topic: ETH and ICOs - Do you think that the decline of ETH price will affect ICOs? (Read 503 times)
October 16, 2018, 08:26:06 AM
I do not think that the fall in the price of Ethereum can affect the ICO, on the contrary, it is more profitable to buy and invest.
October 16, 2018, 08:22:24 AM
Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
The decline in ETh prices will not affect the ICO, just the opposite. The ICO that really makes ether prices fall, because we know that ico will release tokens that use smart contracts from ether and most of the token holders will immediately sell them and make ether prices fall deeper due to panic from token holders.The decline in the market generally was just basically due to the fact that the whole market was oversold and the whales saw it as a chance to get out more weak hands from the market which usually is the greedy people that join FOMO.
October 16, 2018, 06:06:20 AM
Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
The decline in ETh prices will not affect the ICO, just the opposite. The ICO that really makes ether prices fall, because we know that ico will release tokens that use smart contracts from ether and most of the token holders will immediately sell them and make ether prices fall deeper due to panic from token holders.The decline in the market generally was just basically due to the fact that the whole market was oversold and the whales saw it as a chance to get out more weak hands from the market which usually is the greedy people that join FOMO.
October 14, 2018, 10:48:05 AM
Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
It won't give effect to the price or the success or failure of an ICO if the price of ETH decreases. And maybe if the project has the potential and many investors want to invest in it then many projects will be visited by many investors. They can buy a large amount of ETH and invest it in the project and of course spend quite a bit of money because the ETH prices are decreasing. However, I only dare to bet if the ETH price decreases then they will focus on investing in the ETH for short term investment, and forget about the ICO project. October 14, 2018, 08:55:07 AM
I actually thinks the same way and that hitting on my mind lately. There could be a possibility that one of the main reason why ICO are now having hard time reaching their hardcap is because of the price declination of ETH since ICOs are ERC20 based tokens. Honestly, I also don't wanted to just invest 1 ethereum to an ICO because what comes on my mind is that ETH once reached above $1000 so I better hold it instead of investing to an ICO where their price keeps declining after getting listed to the market. I am pretty sure that most investors feels the same as I feel.
October 13, 2018, 10:40:53 AM
It depends on the project they are selling. Maybe there's a reason why some projects do maintain their ICO's alive. They really wanted to take it seriously. ICO's nowadays can't even reach soft cap. So I think in the long run if bull market will stabilize we will see different scenarios.
October 12, 2018, 02:35:02 AM
Investors have collected a lot of ETH, and begin to sell it in large quantities. This leads to a drop in the price of Ethereum.
Now is a very difficult time, but another year will pass and people will start using cryptocurrencies in everyday life.
Yes, certainly, ico projects are now using ETH as the main currency for buying and selling tokens and they use cash to fund the project, but there are too many projects selling ETH. So they sell at a low price which in turn leads to a drop in ETH prices. Now is a very difficult time, but another year will pass and people will start using cryptocurrencies in everyday life.
October 11, 2018, 05:46:20 PM
Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
The decline in ETh prices will not affect the ICO, just the opposite. The ICO that really makes ether prices fall, because we know that ico will release tokens that use smart contracts from ether and most of the token holders will immediately sell them and make ether prices fall deeper due to panic from token holders. October 11, 2018, 04:59:39 PM
Investors have collected a lot of ETH, and begin to sell it in large quantities. This leads to a drop in the price of Ethereum.
Now is a very difficult time, but another year will pass and people will start using cryptocurrencies in everyday life.
Now is a very difficult time, but another year will pass and people will start using cryptocurrencies in everyday life.
October 11, 2018, 04:30:32 PM
The value of an ICOs tokens directly influenced by ETH especially for ICOs launched on the Ethereum Network. So, as ETH declines in price, it affects other ERC20 tokens. This is evident in my ETH wallets where the value of tokens I hodl keep depreciating as ETH plummets
We still have to take into account the fact that almost the entire cryptocurrency market depends on the price of Bitcoin. Thus, the price of ethereum is dependent on Bitcoin too. 
October 11, 2018, 12:32:39 PM
We've hit the bottom last month, according to some analysts
https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Do you agree that what really propelled bitcoin's run are the massive ERCO 20 based ICOs last year? This means that Bitcoin's rise has been indirectly fueled by ETH?
That is completely false, what made the price of bitcoin to go up was that the developers were dedicated to activate segwit, if the price did not skyrocket any sooner was because there was a very strong opposition coming from the miners and then as soon as the developers achieved their goal the price began skyrocketing like we hadn't seen before. https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Do you agree that what really propelled bitcoin's run are the massive ERCO 20 based ICOs last year? This means that Bitcoin's rise has been indirectly fueled by ETH?
October 09, 2018, 08:53:36 PM
We've hit the bottom last month, according to some analysts
https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Do you agree that what really propelled bitcoin's run are the massive ERCO 20 based ICOs last year? This means that Bitcoin's rise has been indirectly fueled by ETH?
https://www.ccn.com/analyst-ethereum-sell-off-in-august-shows-crypto-has-hit-a-bottom-in-2018/
Do you agree that what really propelled bitcoin's run are the massive ERCO 20 based ICOs last year? This means that Bitcoin's rise has been indirectly fueled by ETH?
October 07, 2018, 04:39:48 PM
The value of an ICOs tokens directly influenced by ETH especially for ICOs launched on the Ethereum Network. So, as ETH declines in price, it affects other ERC20 tokens. This is evident in my ETH wallets where the value of tokens I hodl keep depreciating as ETH plummets
October 07, 2018, 02:07:24 PM
Great discussion! Thank you everyone for sharing what you think.
Here are a couple of take aways based on your opinions:
1. Price psychology plays a big factor whether or not investors participate in an ICO. Since the price of ETH is close to the year's low, some (not all) investors prefer to wait on the sidelines and this affects all projects IN GENERAL. As a result, some projects extend the ICO period to reach required caps and others move their ICO at a later date.
2. The price of ETH should not matter as long as the project is of great quality although there maybe a possibility that ICO period maybe extended due to the overall market sentiment (psychology as mentioned above). Unlike last year, great projects get sold out even before the ICO period ends.
Other points of discussion:
Based on trends for the past years, do you think ETH will gain even at least half of what it lost before the year ends? When do you think is the best time for high-quality projects to do their ICO period?
It is very difficult to predict the future, however I think that a small recovery for ethereum could be possible during the next months, the price has been going down consistently since June of this year, however I'm beginning to see some signs that ethereum could recover and touch the price of 500 before the end of this year or at the beginning of the next year, however you need to be very careful about predictions that you hear on the Internet, that is just what I think but I could be completely wrong. Here are a couple of take aways based on your opinions:
1. Price psychology plays a big factor whether or not investors participate in an ICO. Since the price of ETH is close to the year's low, some (not all) investors prefer to wait on the sidelines and this affects all projects IN GENERAL. As a result, some projects extend the ICO period to reach required caps and others move their ICO at a later date.
2. The price of ETH should not matter as long as the project is of great quality although there maybe a possibility that ICO period maybe extended due to the overall market sentiment (psychology as mentioned above). Unlike last year, great projects get sold out even before the ICO period ends.
Other points of discussion:
Based on trends for the past years, do you think ETH will gain even at least half of what it lost before the year ends? When do you think is the best time for high-quality projects to do their ICO period?
October 07, 2018, 01:15:14 PM
Surely it will affect the ICO sales because most of the people will be afraid to invest on any new project when the market kept falling for long time and also the project team will be highly affected due to the price because they can't make enough funds to execute their plans about that project and also it will affect the token listing period for the exchanges.
October 07, 2018, 01:13:16 PM
It will be beneficial for the ICOs obviously which have quality and they will easily raise their softcap and Hardcap. In future price of the ether can again jump to its ATH price and ICOs can make huge profits on the collected amount from their token contribution. But on the exchange only ICOs which have real vision and MVP available with good partnership will survive. Rest we know what happens with ICOs when launch on the exchange the price of their token generally goes down by 80% to 90% because of some presale investors who fear and sale quickly.
October 07, 2018, 12:49:44 PM
Good day! A lot of ICOs has stopped or postponed their ICOs already due to the decline of Ethereum value. They are at a loss and in doubt to be able to reach soft cap. But there are some ICOs who has team members that works at their ends to be able to provide investors the tokens that is worth investing. If a project is confident to keep their ICO going despite this market crash is a thumbs up for me.
It's the opposite, I think. The impact of the massive ICO cashout or sell-off causes the Ethereum to crash. Well, as we know, almost all ICOs (Initial Coin Offerings) that were launched feature ERC20 tokens. Lots of investors who purchased tokens from ICO sales are worried about the crypto market situation, as a result, they sell their tokens too early so this has caused a lot of pressure on the market.
October 07, 2018, 11:42:20 AM
ICO's especially used erc 20 token as platform always affect with ethereum price, those relationship affect each other, ETH can fall on dip when many project try to liquid into fiat.
October 07, 2018, 11:06:16 AM
Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
ETH value should not affect ERC projects if the project has a real application. But speculative tokens can easily fall in price. Here it is necessary to be careful.
October 07, 2018, 09:21:10 AM
it is all a two way hype. if ETH is hyped up (as it was in 2017) there is more scammers who will choose ETH platform for their ICO creation so the price of it goes up and if that hype goes away then there will be less ICOs on it and the price will fall.
also as the ICOs are hype up more (again like 2017) there will be a lot more of them every day as we saw last year so the more they are created the more fake demand for ETH is created and the more pump it gets but when that hype goes away and there is no new ICOs or the numbers fall drastically so does the ETH price fall hard.
also as the ICOs are hype up more (again like 2017) there will be a lot more of them every day as we saw last year so the more they are created the more fake demand for ETH is created and the more pump it gets but when that hype goes away and there is no new ICOs or the numbers fall drastically so does the ETH price fall hard.
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