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Topic: Ethereum price killing a lot of new ICO tokens - page 5. (Read 583 times)

jr. member
Activity: 223
Merit: 1
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.
Yes unfortunately it happens today, but it seems to me that the team of the project is not interested what happens by investors tokens, they received an ethereum in the form of investments and they have money for the further development of the project if it was originally planned. And they kept their obligations by paying tokens to investors and placing them on  exchanges. What will happen next they do not care.
legendary
Activity: 2268
Merit: 1041
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Those new tokens shouldn't be afraid of what is going to happen after all there ain't going to happen to their funds if they are not going to list the token. The price is going to be the price no matter what happen, if it decreases by the time it got listed on the exchange, its mostly due to the traders wanting to save their money before price fall further, those sold tokens can be bought by the team is they will and its up to the team still whether they can make it grow later on.
drm
legendary
Activity: 1176
Merit: 1005
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.

They are scared because most of them run useless tokens that shouldn't have any value in the first place.  Roll Eyes
full member
Activity: 504
Merit: 102
all altcoins hit hard and fall at the same time, you are right that some ico are still delaying to be listed in exchange and even some ico are also delaying the ico schedule. I think developers have planned and made the best decisions for their projects.
jr. member
Activity: 182
Merit: 2
They are now in tragic lost, I even saw an ICO when ETH's value was around $400-$500 and they declared that 1 ETH = $800 as per their ICO tokens.

I forgot what's that ICO. I wonder how they are doing right now.

ICOs that are still on their pre-sale are having a tough fight of ETH vs. $ value.

These precarious times in crypto. A project I follow has postponed their ICO and this is largely because they know they'll struggle through raising the required amount.
member
Activity: 392
Merit: 10
The current price of ETH has caused a lot of ico tokens to have to delay the time to enter the exchange!
The project team is afraid that the exchange will cause a crazy fall in prices at this moment!
Maybe ETH slowly recovers to more than $500, and many new cryptocurrencies will enter the exchange!
hero member
Activity: 2884
Merit: 581
Leading Crypto Sports Betting & Casino Platform
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.

My portfolio is 50% down at the moment, but there is still buying support, so the scenario is not that all bleak I read that there will be a lot of updates in the coming weeks and soon the market will recover like they always did in the past, but what's alarming is the long red market period.
sr. member
Activity: 714
Merit: 250
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.
Not all ICOs are afraid of Ethereum prices which are in a downward trend because they accept payments via fiat and Bitcoin.
jr. member
Activity: 238
Merit: 1
It is like BTC's dominance on the cryptomarket and ETH kills tokens as I can see. The solution is not approved for this problem and now we can do nothing only.
hero member
Activity: 1540
Merit: 507
I think that's not about ethereum price, yes indeed many new tokens distributed with ICOs have fallen to near zero, but also some of them perform well against eth. Just look at ZRX/ETH chart, though ZRX has also crashed too much nowadays it still outperform eth.


source: coinmarketcap
Not all of them, remember ZRX has a fully working product and those coins which have not yet created anything can't protect their price to see the investors to dump it. And then i just try to see the fact that the whole of ERC20 tokens are getting big impact caused by the downtrend of ethereum itself.
member
Activity: 98
Merit: 10
due to the strong fall of the etherium - many worthy projects that have collected soft cap eventually have a much lower amount for which they calculated and can not begin to implement their plans. Going to the stock exchange is not a good idea for new coins
jr. member
Activity: 1008
Merit: 1
Yes, I agree with you. The situation is now extremely difficult. But I'm looking now on the market and it's starting to turn green and I think it's for a long time. Therefore, we hope and wait. And then with the altcoins, too, everything will be in order.
hero member
Activity: 1470
Merit: 655
it is not just that, people have stopped falling for the ICO schemes which means nowadays less people are even bothering to invest in ICOs and everyone who had any token have either dumped their tokens or have been thinking about dumping them so they are waiting for a good opportunity to take the most out of the market.
and this dump is also pulling ETH price down as the money is also abandoning ETH.
newbie
Activity: 140
Merit: 0
Definitely that has being the case of most ico will to get their sales on but with ethereum price it's won't allow investor come in.
hero member
Activity: 2632
Merit: 787
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I think, lots of new ico tokens are killing ethereum.

They are dumping ethereum they gathered throught ico.

It's true new ICOs in 2018 have killed ETH and made it so tragic now, dumping and not paying attention to anything.
I hope that after all ICO dumping, ETH is still over 100$ and it will recover quickly

Some of the though's is true since there are so many scam ICO's has been scattering  these days and maybe those scam dev's are one of the reasons why the Ethereum struggling by now, But I'm doubting to see some good changes right now but let see since Q4 is approaching and maybe we can see some good movements of the price since the Bull run has been speculated yet by many people around here to come anytime soon.
newbie
Activity: 54
Merit: 0
Those new ICO are now afraid to trade on exchanges. At the current price of Ethereum, I believe no one dares to venture to get their ICO listed. If someone does this, it will bring a fatal blow to themselves.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
September 13, 2018, 06:28:12 AM
#9
Many did not expect a big drop in ethereum price and it certainly affected various ICO's. A lot of projects are now forced to adjust on this market condition.
full member
Activity: 559
Merit: 102
September 13, 2018, 06:27:09 AM
#8
I think, lots of new ico tokens are killing ethereum.

They are dumping ethereum they gathered throught ico.

It's true new ICOs in 2018 have killed ETH and made it so tragic now, dumping and not paying attention to anything.
I hope that after all ICO dumping, ETH is still over 100$ and it will recover quickly
jr. member
Activity: 62
Merit: 4
September 13, 2018, 06:24:04 AM
#7
The bad market, ETH is constantly falling, some ICOs are developing on the Ethereum, so I think that is the present time and the future will change completely.
full member
Activity: 420
Merit: 101
September 13, 2018, 06:22:09 AM
#6
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.
This has actually effected the upcoming projects, however is also a good opportunity for those who have Fiat currency to enter the cryptocurrency market. Because the low value of Ethereum will enable them to buy more at very low cost.
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