Pages:
Author

Topic: ETH and ICOs - Do you think that the decline of ETH price will affect ICOs? - page 3. (Read 519 times)

hero member
Activity: 1876
Merit: 512
It has already, most people have been greatly burnt by investing in some of this ICOs at ridiculous valuation and has talking its toes on the market which resulted into dumping on Ether on the market. It would take time before the price start picking up again maybe Q1 of 2019
hero member
Activity: 1302
Merit: 503
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?
 for me in my own opinion probably ICO is definitely affected if eth continue decreasing constantly even though the progress of project keep growing. because mostly the price and rates of token from any ICO project are base on ETH. but just my view , correct me if I'm wrong.  Lmao
- Exactly, you have not said wrong, the value of eth will directly affect the phase in ico because as we see, when the price of eth becomes red, the market will fall into the same state, red will appear constantly, everyone will always be in a holding position and waiting, investors can not continue to invest in ico. They know this stage is very dangerous when projects can hug their money and run away at any time, and when the ico does not have investors, it's mandatory to prolong the project, even reduce the price then lose value when listed on the exchange
newbie
Activity: 3
Merit: 0
Of course, the price of ETH is important for the dynamics of ico, but for large top projects this value is not critical.
full member
Activity: 518
Merit: 100

The decline of ETH price may affect ICOs, but most of you could be sleeping easy if you basically checked two things.
One is a project with a good team that is dedicated and competent to implement the promised ideas. Two is a coin with an innovative purpose and a promising future. With those two, you can definitely be positive that what you have there is a good coin to invest in.
With that, go check out the coin that is in my sig Mevu.
sr. member
Activity: 2016
Merit: 283
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?
 for me in my own opinion probably ICO is definitely affected if eth continue decreasing constantly even though the progress of project keep growing. because mostly the price and rates of token from any ICO project are base on ETH. but just my view , correct me if I'm wrong.  Lmao
legendary
Activity: 1652
Merit: 1057
I believe it will not affect an ongoing ICO project as long as the project is genuine with very high potential to hit in the market.
Sometimes, it's how the team promotes their project. There are times that crap projects with very articulate marketing team can acquire huge amount of money, while an innovative one with poor marketing can't even get an audience from the community.
So long that a project is authentic in their goals and has very strong team, I think the eth price is not that significant. Maybe, you can buy more tokens now with the current value.  Cheesy


Promotion indeed plays a big role to the overall success of an ICO. So, in your case, if you come across a great project and you have the funds to invest, you wouldn't consider putting off your investment even if ETH appears to fall below 200USD again?
In fact, the success of an ICO based on promotion, still has a lot to do with the product availability and how readily the product is perceived to be something valuable to the community. Ethereum price really does not have anything to with whether a project becomes successful in their ICO or even in the long run.

Actually, due to the market not being a favorable one, we have seen a lot of ICOs trying to wait for a better time to launch their ICO and we have seen some postponing until further notice, while some are waiting for the right moment before they get launched in an exchange.

For a bear market, it surely affects a whole lot, but that does not mean the future of a project with a product is still not intact if the product ends up becoming very useful.
jr. member
Activity: 126
Merit: 1
Yes and No. yes Ethreuem’s value will greatly affect the value of the ICO’s build around it. And to that these ICO trend may vary as to how Ethereum will performthis year. No, because if a project is awesome though it may rely to ETH i still has that factor to succeed.
full member
Activity: 515
Merit: 101
I don't see any thing Smiley)) when market down everything down. Bitcoin = 1/3 highest price so eth = 1/4 highest price is too normal
hero member
Activity: 3038
Merit: 634
Price do matter for projects that has great quality. They are affected with the current dip but the project will keep on following its program and plans but as part of smart contract, they are affected with what ETH is experiencing.

ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.
In fact that they are getting a huge impact when there was a big bearish trend that was affecting the whole assets in the cryptocurrency. I never seen any correlation between the price of ethereum and these ethereum assets. remember there are some of them can defend their price even in the bearish trend.,
You haven't seen the correlation of ETH and ERC20 tokens? DEX's like IDEX are ERC20 token paired with ETH so it do solely affects and making a connection to both sides if the market on the other side swings, it will make a wave to the other side as well.

Mist of these tokens are very well dependent to ethereum, while ETH has been dependent to bitcoin. Sometimes there's no correlation but most often it do correlate. Also that's a fact that some of them can stand with this bear and is surviving.
hero member
Activity: 1638
Merit: 518
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?

basically it very affect ,
for the proof,
u can see , most ico now try to extend their ico for waiting a good price of eth.
even they paused their sale,
but if u asking about great quality , of course price is no matter.
but where the great quality on this year ?
most of them going to the deep.
jr. member
Activity: 297
Merit: 1
I think it will be affected in a way specially with ICOs that use ETH as their main crypto for buying their tokens, also it is also indirectly affected as each crypto is dependent in the price of ETH and BTC. As you can see usually if the prices of either of the two top crypto is good the altcoins is soon to follow.
sr. member
Activity: 882
Merit: 269
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?
Definately, the low in price of ethereum is going to affect icos projects.  Many projects are currently abandoned because of this and it will actually take great investment for some of them to come back to life.  I don't think we are going to have a new tokens that are not going to lose in the market because of the dumped of ethereum.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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?

Icp won't be affected by the lower value of ethereum because this is happening since the second month of this 2018 for that meaning market is stable ,and talking about ico?theres nothing to be affected because it is dying for the reason all of them are scammers.and you can only count in fingers the legitimate
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
Of course almost ICO projects are being affected because of low price of ETH Smiley. Almost ICO projects are trying to delay their ICO till the end of this year cause they're waiting till price of ETH rise back. LOL. But with really good ICO projects, ETH price is not a reallly important problem and they still could reach to hardcap very quickly.

The only thing that makes a sense from your comment was this;
Quote
Of course almost ICO projects are being affected because of low price of ETH
Peoples are starting to forget the basic and their place right now,do you think anything related to ICO and ETH will stay strong if ETH goes down to around $1 or even $0 ?
Do not forget that most ICO was created based on ERC20,and that was a ETH smart contract.If peoples are losing their faith on ETH,that also means peoples are losing their faith into any ICO or everything related to ETH.
Of course,because of that the price will be declined sharply.It is pretty simple,but lately peoples are dreaming a lot about lambo and other shit.
that was why nobody can figure this simple thing out.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
I think we have too many ICO so it will effect to ETH price. when people buy ETH to invest into ICO make ETH price go up then ICO owner dump their ETH make ETH price fall down.
sr. member
Activity: 854
Merit: 253
l0tt0.com
Of course almost ICO projects are being affected because of low price of ETH Smiley. Almost ICO projects are trying to delay their ICO till the end of this year cause they're waiting till price of ETH rise back. LOL. But with really good ICO projects, ETH price is not a reallly important problem and they still could reach to hardcap very quickly.
hero member
Activity: 2282
Merit: 505
Price do matter for projects that has great quality. They are affected with the current dip but the project will keep on following its program and plans but as part of smart contract, they are affected with what ETH is experiencing.

ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.
In fact that they are getting a huge impact when there was a big bearish trend that was affecting the whole assets in the cryptocurrency. I never seen any correlation between the price of ethereum and these ethereum assets. remember there are some of them can defend their price even in the bearish trend.,
newbie
Activity: 29
Merit: 0
Actually, ICOs and DApps should be happy about this. Think about gas prices for starters, when ETH was at $1.3k, can you imagine how expensive it would have been to use a DApp for 1 user if he did it 10 times a day? And do you think people are more or less willing to invest ETH into ICOs when ETH was so expensive to buy? Now you can buy $2300 worth of ETH and invest 10 ETH and get bonuses. And people stocking up on ETH now means more investors ready to invest later on.

That anyway is the side issue. ETH price is today what it is mostly because of all the useless ICOs and DAPPs being put out for over 1 year. All hype and price, no value. This is literally the price to pay.


Good point. That's certainly another way to look at it.

and yes, it is noticeable that ICOs are kind of deteriorating in terms of quality. I hope it doesn't mean that we're running out ideas and legit use cases
full member
Activity: 504
Merit: 102
see special erc20 tokens that have entered the top 100 coins, they have great and reliable products, so prices are not affected by ethereum decline. indeed for ico there is a little impact and some ico have difficulty reaching their target. cheap ethereum prices make investors unwilling to issue their assets, because ico average is set at a dollar price, not eth.
full member
Activity: 1736
Merit: 121
It is possible to affect icos because they are going to be getting lesser amount of etheruem for same unit of tokens. Such time is benefiting to the investors more. No wonder some icos are taking time to start up now while some are on pause.
Pages:
Jump to: