Topic: ETH and ICOs - Do you think that the decline of ETH price will affect ICOs? (Read 519 times)
October 16, 2018, 07:26:06 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, 07:22:24 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, 05:06:20 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, 09:48:05 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, 07:55:07 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, 09:40:53 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, 01:35:02 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, 04:46:20 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, 03:59:39 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, 03:30:32 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, 11:32:39 AM
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, 07:53:36 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, 03:39:48 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, 01:07:24 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, 12:15:14 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, 12:13:16 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, 11:49:44 AM
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, 10:42:20 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, 10:06:16 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, 08:21:10 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.
October 07, 2018, 06:21:51 AM
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.
October 07, 2018, 05:57:40 AM
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.
October 07, 2018, 05:17:26 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?
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. October 07, 2018, 04:55:26 AM
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 
October 07, 2018, 04:22:30 AM
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. 
October 07, 2018, 04:15:29 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?
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. 
October 07, 2018, 03:49:20 AM
Yes, as tokens are being traded with ETH too, their values are influenced by the price of ETH. ETH is a little like Bitcoin.
October 07, 2018, 03:33:30 AM
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.
October 07, 2018, 02:39:33 AM
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.
October 06, 2018, 09:20:09 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?
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.
October 06, 2018, 08:56:03 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?
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 06, 2018, 05:50:40 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?
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.
October 06, 2018, 11:30:42 AM
I think that the price of ETH will not affect the ICO. All the more can be used for ICO and other coins.
October 06, 2018, 11:06:24 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?
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. 
October 06, 2018, 07:46:12 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?
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.
October 05, 2018, 11:54:01 PM
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
October 05, 2018, 12:14:41 PM
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. 
October 05, 2018, 11:05:35 AM
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.
October 05, 2018, 10:51:18 AM
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
October 05, 2018, 09:35:05 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?
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. October 05, 2018, 09:04:44 AM
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
October 05, 2018, 07:56:00 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?
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 October 05, 2018, 06:35:15 AM
Of course, the price of ETH is important for the dynamics of ico, but for large top projects this value is not critical.
October 05, 2018, 05:50:25 AM
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.
October 05, 2018, 04:41:25 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?
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 
October 05, 2018, 03:46:00 AM
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.
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.
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?
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.
October 04, 2018, 10:20:30 PM
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.
October 04, 2018, 10:07:01 PM
I don't see any thing 
)) when market down everything down. Bitcoin = 1/3 highest price so eth = 1/4 highest price is too normal
)) when market down everything down. Bitcoin = 1/3 highest price so eth = 1/4 highest price is too normal 
October 04, 2018, 07:32:37 PM
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.,ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.
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.
October 04, 2018, 02:49:26 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?
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.
October 04, 2018, 02:31:18 PM
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.
October 04, 2018, 02:00:49 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?
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. October 04, 2018, 11:08:02 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?
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
October 04, 2018, 10:58:38 AM
Of course almost ICO projects are being affected because of low price of ETH . 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.
. 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.
October 04, 2018, 10:52:33 AM
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.
October 04, 2018, 10:47:25 AM
Of course almost ICO projects are being affected because of low price of ETH . 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.
. 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. October 04, 2018, 10:00:19 AM
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., ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.
October 04, 2018, 09:37:17 AM
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.
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
October 04, 2018, 07:39:19 AM
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.
October 04, 2018, 07:11:07 AM
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.
October 04, 2018, 06:35:53 AM
Yes it wil because the main payment method of ICOs are Ethereum. Otherwise is it also important to know that the funded amounts of projects are also in ETH and that they decide to sell it for FIAT after a period.
October 04, 2018, 06:23:08 AM
I don't think it will influence how many ICOs are conducted using ETH but I'm unsure of how it might change their results. I feel like some people may decide to invest because they see it being a good investment as ETH is at a low price and will likely grow. On the other hand if ETH price increases then it's likely the ETH/ICOTOKEN price will fall and they'll end up losing out on ETH.
October 04, 2018, 06:03:15 AM
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.
ETH's price has big contribution for its ERC20 based tokens and that's why most of those tokens are also experiencing lows.
October 04, 2018, 05:48:51 AM
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.
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.
October 04, 2018, 05:42:18 AM
I think it's been quite the opposite, the massive ETH sell-off from ICO has been affecting the ETH. Remember that most of the ICO hold their funds in ETH, so in order to protect those funds from the beark market which has affected the entire crypto space, ICO needs to conver their funds into BTC or fiat currency.
It does seem like the sell-off has stopped since the ETH has managed to recover above the $200, we'll have to wait and see what happens now, we could see a reversal in market sentiment to try to guess what the next move from ICO's will be. If the pattern stays the same and the ETF price doesn't drop, I don't think it'll keep affecting ICO, at least for the time being.
It does seem like the sell-off has stopped since the ETH has managed to recover above the $200, we'll have to wait and see what happens now, we could see a reversal in market sentiment to try to guess what the next move from ICO's will be. If the pattern stays the same and the ETF price doesn't drop, I don't think it'll keep affecting ICO, at least for the time being.
October 04, 2018, 05:20:50 AM
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.
October 04, 2018, 04:53:49 AM
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.
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.
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?
October 04, 2018, 04:38:03 AM
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.
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.
October 04, 2018, 04:23:03 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?
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