Author

Topic: ICO bubble (Read 1178 times)

sr. member
Activity: 420
Merit: 250
July 31, 2017, 03:30:27 PM
#37
if you track to world economy you will see that bubble on all commodity.
if you check all stock exchanges graphs you see same things. problem is not ICO, problem is too many money on circulating in the world.
full member
Activity: 140
Merit: 100
July 31, 2017, 03:08:34 PM
#36
I don't think that there is a bubble. Too early.
a-m
newbie
Activity: 46
Merit: 0
July 31, 2017, 08:08:44 AM
#35
The first thing I look at is the team. Even if the concept is good, unless the team members have a track record of successful projects, I won't get all in.
Sometimes I put 40-50 bucks on something.
Only if there are professionals with a history of profitable projects will I put down 500 or more.

legendary
Activity: 1848
Merit: 1000
July 31, 2017, 07:29:18 AM
#34
I think ICOs will be around for a while yet, very few coins / projects were looking for an ICO years ago but with the rise of ETH it seems that it is a very popular way for people to make / scam money.
full member
Activity: 526
Merit: 100
markaccy.io
July 31, 2017, 07:27:04 AM
#33
ICO's a lot lately . There is a possibility the most out of this scam. We need to be very careful .
All want to earn money quickly and easily. ICO is currently like a quick way to raise money then cheat many investors. Or another attempt to steal a running project like Coindash.
Very worried. Be careful they are around us.
sr. member
Activity: 392
Merit: 250
July 31, 2017, 07:25:35 AM
#32
God dam it. I hate readingthe word bubble in cryptos.

We just had a 50% correction yet people  still talk about bubbles....

agree!
i dont understand why crypto is fludded with trolls who dont believe in crypto, just gtfo
newbie
Activity: 46
Merit: 0
July 31, 2017, 07:20:20 AM
#31
ICOs=Startups
the same situation have in the real world, too. there are too many startups getting fund and some projects successing, some projects failing.
so as the same as here like real world. of course some project will fail and some projects will success.

Main difference is that these starts up are being given millions of USD to start with.
member
Activity: 114
Merit: 10
July 30, 2017, 06:04:38 AM
#30
God dam it. I hate readingthe word bubble in cryptos.

We just had a 50% correction yet people  still talk about bubbles....
sr. member
Activity: 588
Merit: 253
July 30, 2017, 05:47:33 AM
#29
ICO's a lot lately . There is a possibility the most out of this scam. We need to be very careful .
full member
Activity: 448
Merit: 100
July 30, 2017, 03:37:52 AM
#28
First you have to know definition of bubble before you called a market bubble, people have lots of money and they can invest in any projects they like, this is not bubble, but just a natural market reaction.
hero member
Activity: 790
Merit: 505
July 29, 2017, 09:39:19 PM
#27
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.



I have been thinking this very thing lately, especially after ziber.io is now confirmed a scam. I cant help but view every new ICO these days as a potential scam. Its as if the HYIP investor scammers have moved to ICO's. Much more money to be made and much faster.

I think the tv show Silican Valley has a lot to answer for  Wink
full member
Activity: 910
Merit: 101
July 29, 2017, 04:55:32 PM
#26
Would be curious to know if someone actually earned something off their ICO investments. ANybody?
sr. member
Activity: 493
Merit: 250
July 29, 2017, 04:39:11 PM
#25
ICOs=Startups
the same situation have in the real world, too. there are too many startups getting fund and some projects successing, some projects failing.
so as the same as here like real world. of course some project will fail and some projects will success.
legendary
Activity: 1876
Merit: 1000
July 29, 2017, 11:17:16 AM
#24
i'm lost at why people give ICOs the time of day in the first place  Huh
hero member
Activity: 2730
Merit: 632
July 29, 2017, 11:13:38 AM
#23
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.



And I seriously hope it will pop very soon. There are just too many of them. I think they are using ICOs as milking cows for them to pocket more and more money while leaving those who were easily beguiled with tears in their eyes and regrets. ICO is a great mechanism actually but it needs some regulations. There is non-stop ICOs right now. It is not healthy to the crypto environment anymore.
True, going back on the past i do see ICO which do pop out on a very rare rate on which investors are still striving to go in because there are only few iCOs out there which it can easily be filled up the certain hard capped and reach it in no time but now it seems they do already make it as the main hype on making money which Icos are now everywhere,launching for a couple of weeks or even days which would really make hesitations and confusions for potential investor on which project they would choose. Hard to identify which is legit or not and which do have potential or just a total trash.
legendary
Activity: 2730
Merit: 1288
July 29, 2017, 10:59:14 AM
#22
Well ICO regulations are coming to the US more soon than later
You can't really regulate ICOs. A few people will be put off, but more than enough US citizens simply won't give a damn and invest anyways. Regulation never stopped the flow of money and it never will.

Countries that will give most freedom will gain most on long term.  Companies will just avoid countries like USA. That will be huge loss fro them. For country are not that impotent investors that companies itself. They pay taxes. And if those companies will not be welcomed in USA will pay taxes elsewhere.  It is simple. Countries that realized this already will gain most.
legendary
Activity: 1218
Merit: 1001
July 29, 2017, 05:22:53 AM
#21
i agree with you on this subject. but I know that quality projects will always win. so not all ico are called bubble. those who want to make money should follow quality projects.
sr. member
Activity: 663
Merit: 250
July 29, 2017, 03:19:28 AM
#20
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.



And I seriously hope it will pop very soon. There are just too many of them. I think they are using ICOs as milking cows for them to pocket more and more money while leaving those who were easily beguiled with tears in their eyes and regrets. ICO is a great mechanism actually but it needs some regulations. There is non-stop ICOs right now. It is not healthy to the crypto environment anymore.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
July 29, 2017, 02:48:17 AM
#19
I agree with you, there will be no bitcoin bubble but ico bubble and it is so obvious that most ico projects will fail in the future leaving many broken people behind of them.
member
Activity: 94
Merit: 10
July 29, 2017, 02:41:58 AM
#18
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.


the US gov will be going after non-compliant ICOs, exchanges that list them, and people who buy and sell them soon. they already put out a warning. the clock is ticking...
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
July 29, 2017, 02:07:24 AM
#17
Things that are easy to see also are not all ICO events are really successful and even some who get big losses from their own events such as losing their investors money hacked from the hands of evil, which allows ICO will continue to grow will certainly also boost the value of ETH
sr. member
Activity: 2226
Merit: 347
July 29, 2017, 01:24:59 AM
#16
I don't think so, mate. As much as we want bubble to pop, it's not happening anytime soon. ICO has been going on forever and they'll continue as long as there is money to be made.
True,its cant really be stopped since those developers or people would really launch and ICO since they do know that they can able to make money on that things which we can able to see now that ICO are popping out anywhere on the market which any coin do have this kind of projected plans and yes most of them do really fail and i can only count on my fingers on those successful projects.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
July 29, 2017, 12:36:25 AM
#15
The blockchain sector attracted good developers and in the same time attracted greedy people. Investors must take their responsability when they invest, some ICOs resulted in huge profit like Golem, Stratis, and some resulted in scam, price dump....

So, we need have rules when creating ICO project. And SEC have been helps investor do that, next time will have more changes about market ICO, I believe the future of ICO.
member
Activity: 229
Merit: 10
July 28, 2017, 11:28:07 PM
#14
Well ICO regulations are coming to the US more soon than later
You can't really regulate ICOs. A few people will be put off, but more than enough US citizens simply won't give a damn and invest anyways. Regulation never stopped the flow of money and it never will.
member
Activity: 84
Merit: 10
July 28, 2017, 11:13:00 PM
#13
Well ICO regulations are coming to the US more soon than later
hero member
Activity: 924
Merit: 500
July 28, 2017, 11:06:30 PM
#12
The blockchain sector attracted good developers and in the same time attracted greedy people. Investors must take their responsability when they invest, some ICOs resulted in huge profit like Golem, Stratis, and some resulted in scam, price dump....
full member
Activity: 154
Merit: 100
July 28, 2017, 10:29:27 PM
#11
In my opinion I think it is normal to see many icos, after all we are only at the beginning.
full member
Activity: 168
Merit: 100
July 28, 2017, 06:51:07 PM
#10
The bubble has already popped to an extent, I see most ICO fail to raise their intended funding levels which will lead projects to be more conversative about how much they ask going forward.

You are right though that we have yet to see a lot of projects that don't deliver on their promises but we are still 6-12 months away until that starts to happen simply due to the long roadmaps they all have.
member
Activity: 111
Merit: 10
GeoPin: Blockchain-based interface to the physical
July 28, 2017, 06:46:13 PM
#9
Totally agree!

People have to be more selective and do more due diligence when investing in ICO. Scam ICOs are out there, and it will tarnish the image of all other legit ICOs.
sr. member
Activity: 994
Merit: 391
July 28, 2017, 06:30:10 PM
#8
The situation is not too complex. Invest 10 ICO. 2 of them are totally scam and you lose your total investment. 3 of them can not reach the whitepaper's target you lose big part of your investment. 2 of them are very long term investment you don't lose but you have to wait for profit. 2 of them is good you can make some good profit maybe X3 or X5. 1 of them is like diamond X20-X30 or even more profit.
sr. member
Activity: 1050
Merit: 295
July 28, 2017, 03:15:39 PM
#7
The only thing I like about ICOs is that 1 of a 100 is a very good project and since the devs want their ICO to go well they will make themselves available for you to ask questions and get the grip about the project before investing.
The worst thing in my opinion is how many people will be turned away from crypto because of this one ICO SCAM in which they invested heavily and lost their money
That one ICO always tend to be the proverbial needle in the haystack.
However, there's no denying that ICOs are the hotness right now and some of them have very good ideas
full member
Activity: 630
Merit: 100
July 28, 2017, 01:17:00 PM
#6
well said,  But problem is we don't know which will be falling down, that's why we take stap.
full member
Activity: 252
Merit: 100
July 28, 2017, 12:20:19 PM
#5
The only thing I like about ICOs is that 1 of a 100 is a very good project and since the devs want their ICO to go well they will make themselves available for you to ask questions and get the grip about the project before investing.
The worst thing in my opinion is how many people will be turned away from crypto because of this one ICO SCAM in which they invested heavily and lost their money
newbie
Activity: 46
Merit: 0
July 28, 2017, 11:39:30 AM
#4
I'm sure they can quite happily spend the ico money! That does not justify it!

The amount of money that is going into these new projects has never been so high before.

legendary
Activity: 2730
Merit: 1288
July 28, 2017, 10:24:58 AM
#3
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.



They can always hire few more people and pay them self's high salaries and buy  them good cars to drive to work. It is not that hard to spend ICO money.
hero member
Activity: 1540
Merit: 500
July 28, 2017, 08:06:39 AM
#2
I don't think so, mate. As much as we want bubble to pop, it's not happening anytime soon. ICO has been going on forever and they'll continue as long as there is money to be made.
newbie
Activity: 46
Merit: 0
July 28, 2017, 08:00:08 AM
#1
This year we have seen hundreds of new ICOs flood the market.
White papers & Road Maps for the project are being created. Investors are then pumping in millions of USD for their tokens due to the hype and greed.

Alot of these ICOs are teams of a few developers. How much money do they need to get started? Previously such company's would start of with several thousands worth of investment.
If the company was a good project and had the passion to succeed it would make it. A high percentage would of course fail.

A lot of these ICOs will not deliver on their promises. The road map goals will not be met.

QRL is one recent example. Development goals were not met and one of the developers left the company dumping a lot of coins on Bittrex.

When more and more projects fail to meet goals the bubble will pop.

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