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Topic: ETH and ICOs - Do you think that the decline of ETH price will affect ICOs? - page 2. (Read 503 times)

member
Activity: 308
Merit: 11
Indeed, eth and ico are working well together, but many of the ico are scams, so the eth value goes down. But if ico is successful, eth values will be better and have an increased community.
sr. member
Activity: 882
Merit: 297
I dont think that their will not be any effect to the NEW and OLD ico which runs on good project. As this ICO are just created on ETH platform but they are traded in BTC price mostly, so i think until the project is good it should not affect it.
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
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?
I think the ETH price has a great impact on current ICO projects because if the ETH value increases, people will be more interested in ICO projects and vice versa. I believe this is a good time for people to invest in ETH as I am sure the value of ETH will increase in Q4 2018 and that ICO projects will receive additional investment funds if that happens.
sr. member
Activity: 840
Merit: 250
Yes, as tokens are being traded with ETH too, their values are influenced by the price of ETH. ETH is a little like Bitcoin.
it seems like it could be because ethereum is a coin that holds many ICOs in transactions and exchanges between ICO and ethereum tokens, so with a decrease in ethereum prices it could be that ICOs follow along too
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Yes, as tokens are being traded with ETH too, their values are influenced by the price of ETH. ETH is a little like Bitcoin.
Yes, and aside from that the collected amount while the ICO are up and running can be affected when the decline happen, as we knew that developers are basing their actual fundings with dollar or if any fiat currency they've belong, all expenses and needed funds are base from that, if the decline happen when the team is still working with crypto, even they've got a good road plans it can be delayed, it's really up to the team how to manage the project to still go forward even in a slow pace.
full member
Activity: 448
Merit: 100
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?
Already affected, and not only the ether, other projects also suffer and lose investment capital. Sometimes it reaches 80%, but this does not mean that the project is fraudulent, it just went bankrupt. So investing in projects now is also not encouraging.
full member
Activity: 798
Merit: 103
Yes, as tokens are being traded with ETH too, their values are influenced by the price of ETH. ETH is a little like Bitcoin.
member
Activity: 308
Merit: 10
Buy, sell and store real cryptocurrencies
Yes, it is possible that the ICO is trading on an ETH coin. All tokens are ETH and once the ETH falls, the value of the coin drops. But there are some coin still very well developed.
sr. member
Activity: 1008
Merit: 355


Yes, it can affect in many ways but I am more concerned on the effects of many bad and scams projects to Ethereum. People are losing interest with ICO projects because majority are downright scams and many of those who are not are finding it hard to reach any cryptocurrency exchange and many of those who finally reached the exchanges are not experiencing the kind of value that investors are expecting...many are therefor disappointed. Soon am sure there should be changes with the ICO platform otherwise if the same thing can go on then am expecting it to die a natural death in 2 or 3 years. When investors are losing money only insane people will expect that more growth can be possible.
sr. member
Activity: 616
Merit: 252
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?

Price matters when it comes to investing. It would depend still on the price of the token if it would fluctuate base on ETH price or if the number of tokens is base on ETH no matter what the price it is. If it is fixed then it would be better for investors to invest at this price compared to when the price goes up because it would mean that they were able to buy the tokens at a cheaper amount. If it fluctuates then it doesn't matter what price of the ETH is because price per token has fixed dollar value. Nevertheless, the mood of the market is not that good now that's why only rarely that ICOs would be able to reach hardcap.
newbie
Activity: 29
Merit: 0
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?



hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
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?
I do not think this is a matter of believing, you just need to look at ethereum and at the market of all the icos that are released under its platform and you will see that both of them are very affected by the circumstances in the market and both of them are affecting each other negatively, this is why the price ethereum doesn't seem to move and you should not expect that for some time.

Correct since as we can see majority tokens under the eth networks has been down and many people already lose some bucks and you can also see on ICO space that there are so many of ICO implementor failed and lose some profit for their project since its the reason either their eth collected value decrease contributes it or either they didn't collected enough fund. And maybe we cannot expect a sudden changes at this point since maybe this stable/red days of crypto especailly with eth will continue.
jr. member
Activity: 238
Merit: 1
I think that the price of ETH will not affect the ICO. All the more can be used for ICO and other coins.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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?
I do not think this is a matter of believing, you just need to look at ethereum and at the market of all the icos that are released under its platform and you will see that both of them are very affected by the circumstances in the market and both of them are affecting each other negatively, this is why the price ethereum doesn't seem to move and you should not expect that for some time.
hero member
Activity: 980
Merit: 523
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?
What affects the general market is just not basically ETH movement, it is the fact that it is a bear market and every single market as a whole is touched. An ongoing ICO project will not be affected and moreover, this is usually the time when a lot of investors always want to accumulate ETH anyway for the long run, so that when the time comes in the long run to invest in ICOs and when the market generally increases in value, it would be easy to get to see the chances of being able to invest more.

A lot of the ICOs are doing badly lately because the general market condition is not favorable for growth, but has nothing to do with Ethereum price.
full member
Activity: 539
Merit: 100
BIB Exchange
I dont think so. ICO projects just use ERC20 platform. It is not relative with ETH price. You should focus on the quality of project and product. Do not take care ETH price too much
full member
Activity: 476
Merit: 105
i heard ETH fall because of ICO's, thats some developer sell all ETH that they collect in sale to do more about project, i think now ICO's affect on ETH price,,so many ICO scam and not have real product or program
They are accepting different varieties of crypto and fiat for their token sale and the development of the project other than the ETH alone so clearly it is not the root cause of the fall from the devs but can be from the investors and bounty hunters due to their lack of confidence to the project, scam, delays, fraud promises and much more can trigger them to sell all their tokens.
full member
Activity: 476
Merit: 103
The fact that in our time are the place to be too many scam ICO, which basically are the creators of Russia. I hope that all the scammers from Russia will be put in prison.
jr. member
Activity: 185
Merit: 1
i heard ETH fall because of ICO's, thats some developer sell all ETH that they collect in sale to do more about project, i think now ICO's affect on ETH price,,so many ICO scam and not have real product or program
member
Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
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?
Yeah this is the real problem with those ongoing ICOs as they will force to freeze their token sale to make it fair with those who invest at the early stage with higher price of ETH. Although some have not affected but their funds will reduce if the price of ETH will not able to bounce back. In the investors side this is the best opportunity to invest in ICOs as long as they research first the project.
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