Topic: Ethereum price killing a lot of new ICO tokens (Read 582 times)
It is also a natural rule for new coins to be raised based on ETH. It is a big challenge for our entire market now that ETH has fallen sharply.
Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
It is because every ICO price follows with ethereum price and if ethereum is not reached more than $500, then the ICO price will not increase. Many investors losing hope from the ICO and they don't want to speculate with the ICO, and they feel good if they can invest in ethereum only than in the ICO. The ICO itself become a scam and run away with the investor's money, and this makes the investor losing their trust to the project too.
ethereum really give hard knocks for the ICO. even the most experienced of the extension because of the value that they are targeting is becoming increasingly fall caused by the influence of the value of the ethereum too. This being is one reason that this year is a time of less well for most of the ICO and their certainly this can be continued when the value of the ethereum not stable or rising.
You're right, not only in the new ICO, but this also affects the ICO who have already run their projects. well, this really has an effect. but I think the price of ETH will be higher again. 
ethereum really give hard knocks for the ICO. even the most experienced of the extension because of the value that they are targeting is becoming increasingly fall caused by the influence of the value of the ethereum too. This being is one reason that this year is a time of less well for most of the ICO and their certainly this can be continued when the value of the ethereum not stable or rising.
Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
But I don't think so. ICO helps ETH price increase quickly and it also makes ETH price fall down very quickly. ETH depends on the ICO but there are too many ICO scams and they sell all ETH after the ICO, and it has caused the ETH to fall down as it is now. And now the ICO has been abandoned and it is difficult for the price of ETH to rise again
Or maybe it's completely different. In fact, this a lot of new ico killing the price of ethereum. No one knows the exact number of sold eth which was compiled by these projects.
I don't think so, strong projects have nothing to fear, but they do not go to bir and afraid to lose money, but this in turn inhibits their development, as the market is more likely that investors perceive a project.
This is a bad time for new ICO alerts when listing trading floors. Price is always lower than Preico or ICO. Perhaps it was the influence of ETH pricing and some users dumped the tokens as they were listed.
Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
The value of ETH, attached and dependent on the development projects on its foundation. But look around ... a lot of projects are built sloppy and irresponsible. There are a lot of brushes with scams and fake ones. They inherited the features on this platform. It does not really promote the goal and responsibility of developing according to the utility or product. Do not blame ETH. Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
That is truth and that is why we need ethereum to survive more than any other coins because about 90% of tokens depends on it . I could still remember some projects that during icos ethereum is above $800 and the just being listed in exchange. 
Its true, because of one reason that some ICO nowadays depends in the ethereum platform. So basically if ethereum value goes down just like what happening now new tokens and ICO are suffering.
Yes, the ethereum went down a lot from ath as many other coins too. You cant expect the crypto booming in a bear market and it is wrong to blame for it the ETH. So, i don't think that ethereum price is killing a lot of icos, more likely the whole ico popularity is gone down in general.
Last year, there were a lot of ICO projects in the market. Many people put their money into ICO. Because this year is a bear market. Many people have lost their funds. Financing new ICO projects is very difficult now. Besides, the price on the exchange will not rise.
This may partly affect the creation of new platforms, but in greater complexity everything depends directly on the project itself, that is, if the project cannot fully realize itself, then no platform will save this project because if the project cannot provide a product, then what will happen to him when entering the stock exchange
But it seems to me that everything is the opposite, because it was the high prices that could very badly worsen the situation with the ICO, because in the end they collected very little ETH and now after the price fell, many projects simply fell in price and are not being developed.
I do not think that all responsibility should be placed on the ethereum, because there are too many factors that influence this situation. It is impossible to perceive this question unequivocally.
You can look at this problem from a completely different angle. In order for any startup to collect about $ 2,000,000, it needs to receive only 10,000 eth from investors. But if in half a year the price of ethereum increases by 3 times, then it will be no longer 2,000,000 but 6,000,000.
precisely I think otherwise. many new ico killing ethereum.
ico scam and not succeeded in causing a lot of dumping ethereum
we haven't talked about hacking yet.
ico scam and not succeeded in causing a lot of dumping ethereum
we haven't talked about hacking yet.
Because most of these projects are garbage. They were made for quick money making and soon such projects will die. They were never going to do any development in their projects. You look at this statistics. In 90% of Altcoins, the code is 80% copied from other projects. Therefore, they lose in price immediately after the ICO. Read this article.
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
I think we are looking at a selection of good and not so good projects and tokens.
Surely only the best projects and tokens will survive and most tokens will become worthless.
But that is just my personal opinion.
Surely only the best projects and tokens will survive and most tokens will become worthless.
But that is just my personal opinion.
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