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Topic: ICOs are the cause of recent bitcoin fall. (Read 501 times)

sr. member
Activity: 805
Merit: 250
July 06, 2018, 05:58:47 PM
#78
We cant put blame not them even we knew that many ICO project have ruin the image of crypto due to the fact that some of them are just scam. The huge decline that we have experience lately is due to the decrease of investors and users causing of having a huge decline of market volume. Crypto must build a strong trust between investors to help fast market recovery and for it will last longer.
sr. member
Activity: 588
Merit: 250
Well you can't blame people to try make profit from alt coin, and it had been proven that alt coin could give more profitable and easier to be manipulated, so it got bigger chances to generate more profit, and as investors I will also do the same, because the goal of most people are profit

We can't blame people for making profit, but we can blame them for their reckless behavior. The far majority of the people here are insanely stupid and are not contributing to anything. They aren't here to understand Bitcoin's tech, they are here solely for bounties, air drops, pump and dump coins, etc. These are exactly the type of people that Warren Buffett is making fun of, and is he wrong? If he wasn't acting all bitter most Bitcoin maximalists would even agree with him. Altcoins are shitty. Altcoins are a bubble. ICO's are a bubble. Too many con artists behind projects. This is rat poison....
I also think that altcoins are not helping in getting cryptocurrency into government's acceptance because there are so many altcoin and that it is easy for others to use it in hoarding money through investments.  But altcoins play a good role when it comes to trading and ICOs are where we can get them.
legendary
Activity: 1232
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Well you can't blame people to try make profit from alt coin, and it had been proven that alt coin could give more profitable and easier to be manipulated, so it got bigger chances to generate more profit, and as investors I will also do the same, because the goal of most people are profit

We can't blame people for making profit, but we can blame them for their reckless behavior. The far majority of the people here are insanely stupid and are not contributing to anything. They aren't here to understand Bitcoin's tech, they are here solely for bounties, air drops, pump and dump coins, etc. These are exactly the type of people that Warren Buffett is making fun of, and is he wrong? If he wasn't acting all bitter most Bitcoin maximalists would even agree with him. Altcoins are shitty. Altcoins are a bubble. ICO's are a bubble. Too many con artists behind projects. This is rat poison....
legendary
Activity: 3234
Merit: 1214
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i'm a bit agree with statement "ICO is the cause of falling bitcoin prices"
every day more and more ICO comes up with various concepts
every ICO means making new money
and it will attract the attention of the government, sooner or later the government will ban or restrict ICO
of course every regulation affects the bitcoin price
More and more with varied functionality comes into usage. These ico's were developed over certain platforms and those were interconnected to the leading bitcoin and few other altcoins. When you calculate the contribution of ico to the global cryptocurrency market it is much low. So the impact of ico upon bitcoin will not be that bad.
legendary
Activity: 1386
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price

ICOs are not the main cause of bitcoin price fall through they contribute partially to it. I think the main reason why cryptocurrency price keep depreciating is that many news countries are accepting cryptocurrency and trying to come in fully by bringing the price down so they can get it cheep and before booming it again.

The news does not contribute so much to the decline of the bitcoin price anymore. There are negative news appearing almost every day and its not so new to hear such news. Unless the news would be about something big such as a ban or something, then it may have nothing do with it. Were at a bear trend at the moment so its not so surprising for bitcoin price to go down. We have experienced a corrrection from the ATH we had last 2017 and the price may still go down any time this year.

Right. I don't think it's media or something or the scammy icos that're being reported. At this point and at this movement, some big guys are probably playing with the market to their advantage.
Price manipulation is always been present in any market we do engage on and those ICO,governmentregulation, media are just factors of this very speculative market. ICO's arent just the only reason to be blamed of recent bitcoins fall. We should consider about hack exchangers, Mt Gox bitcoins sell off and other related stuffs will definitely put an impact to the price.
As a trader, you can utilize such movement if you do know how to look up into the fundamentals.
full member
Activity: 546
Merit: 102
i'm a bit agree with statement "ICO is the cause of falling bitcoin prices"
every day more and more ICO comes up with various concepts
every ICO means making new money
and it will attract the attention of the government, sooner or later the government will ban or restrict ICO
of course every regulation affects the bitcoin price
legendary
Activity: 1666
Merit: 1001
Well you can't blame people to try make profit from alt coin, and it had been proven that alt coin could give more profitable and easier to be manipulated, so it got bigger chances to generate more profit, and as investors I will also do the same, because the goal of most people are profit
hero member
Activity: 1361
Merit: 506
No.ICOs could not be the reason for price fall in bitcoin.Not all bitcoin investors are ICO investors.There are newbie investors who don't have any patience and they just from one coin to another in seeing even a slight fall in price and they are responsible for the instability in bitcoin price.Now many investors are even scared to invest in ICOs since many of them fail at last leaving very low priced and useless coins in their hands.
newbie
Activity: 143
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Absolutely right, since most of the funds that tied to bitcoins are the same or almost use for funding ICOs. Instead of the money coming into the market pushing bitcoin prices up, it end in offline for ICOs projects.
full member
Activity: 378
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

I do not think that ico's are the reason why bitcoins are failing today, there are several people who are spreading the fud in different countries like negative speculations which can decrease the number of investors of bitcoins.
full member
Activity: 462
Merit: 102
Your right,, that diversifying investment to alternative cryptocurrency may cause unintentional decrease of demand for bitcoin that resulted to price reductions.. We are all guilty of it,, but that’s what an investment strategy and natures..

Don’t worry about it because soon enough the demand of bitcoin from new investors will increasingly change as the dates and ber months is approaching (September to December)..
member
Activity: 179
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
Probably from other point of view we can say that ico's causing people to lose their trust because they fail. And people could think that cryptocurrencies are failing instead of some particular Project does.
member
Activity: 106
Merit: 10
no, ico is not making bitcoin prices fall, it is ico will be able to make the price of bitcoin and other cryptocurrency increase price because the price happened and there is in place of pure exchange from buyer and seller.
hero member
Activity: 1246
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price

ICOs are not the main cause of bitcoin price fall through they contribute partially to it. I think the main reason why cryptocurrency price keep depreciating is that many news countries are accepting cryptocurrency and trying to come in fully by bringing the price down so they can get it cheep and before booming it again.

The news does not contribute so much to the decline of the bitcoin price anymore. There are negative news appearing almost every day and its not so new to hear such news. Unless the news would be about something big such as a ban or something, then it may have nothing do with it. Were at a bear trend at the moment so its not so surprising for bitcoin price to go down. We have experienced a corrrection from the ATH we had last 2017 and the price may still go down any time this year.

Right. I don't think it's media or something or the scammy icos that're being reported. At this point and at this movement, some big guys are probably playing with the market to their advantage.
full member
Activity: 686
Merit: 146
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price

ICOs are not the main cause of bitcoin price fall through they contribute partially to it. I think the main reason why cryptocurrency price keep depreciating is that many news countries are accepting cryptocurrency and trying to come in fully by bringing the price down so they can get it cheep and before booming it again.

The news does not contribute so much to the decline of the bitcoin price anymore. There are negative news appearing almost every day and its not so new to hear such news. Unless the news would be about something big such as a ban or something, then it may have nothing do with it. Were at a bear trend at the moment so its not so surprising for bitcoin price to go down. We have experienced a corrrection from the ATH we had last 2017 and the price may still go down any time this year.
sr. member
Activity: 420
Merit: 252
Recently the market has experienced many dumps and so many big guys have opened a short position in futures which may be the most important factor of the fall. When btc falls than it is followed from the entire market.
jr. member
Activity: 504
Merit: 5
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price

ICOs are not the main cause of bitcoin price fall through they contribute partially to it. I think the main reason why cryptocurrency price keep depreciating is that many news countries are accepting cryptocurrency and trying to come in fully by bringing the price down so they can get it cheep and before booming it again.
newbie
Activity: 70
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There are many factors that contribute to the decline of bitcoin. ICO may have a little effect on the fall of bitcoin.
member
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I think Altcoins in general gave a lot of the newbies who entered the market during the last bull run bc they got rekt.
newbie
Activity: 70
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A lot of ICO is scam, it could be one of such causes, invest in ICO`s purpose is to collect more btc and at some point you buy btc again when you sell those coins from Ico`s, so the reason may not be ICO`s but there is no liquidity in the market
member
Activity: 294
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
That is not the reason that bitcoin prices have dropped recently. As far as I know, the biggest exchanges of Korean is Coinrail and Bithumb were attacked by hackers, so the price of bitcoin dropped dramatically
member
Activity: 266
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
And I do not think like you. The only reason that bitcoin prices have dropped recently is that of whales. Because the whales can control the bitcoin price. They are reducing bitcoin prices and they will buy more bitcoins at a lower price
member
Activity: 224
Merit: 10
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

I think ICO is also true to make the price of bitcoin down. Because investors split up to invest in these ICOs, not only in bitcoin they invest. It's probably not just that that keeps the bitcoin price down.
member
Activity: 261
Merit: 10
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
maybe you're right. Because I also noticed that there are a lot of ICO projects being created every day. and all investors will sell bitcoin and invest in these projects to make a profit
full member
Activity: 442
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I do not think that there are many ICO projects that are the main cause of the bitcoin discount. I think the bitcoin price is down because whales are selling it at low prices. Currently bitcoin is still the best virtual currency. Investors will not sell it to buy high-risk virtual currency
newbie
Activity: 238
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You may be right. But I am not fully agree with you. The one of reason I think is profit making at big level. When a thing or share has rapid growth then profit making is natural.
full member
Activity: 518
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ICOs are just one of the reasons why Bitcoin price might be falling. Just the sell pressure from ICOs won't be enough to cause so much drop in prices. The Mt Gox trustee selling huge amounts of Bitcoin on exchanges was also one of the bigger reasons which might have caused markets to crash. Similarly there are many such factors in play which might be causing the price to drop.
jr. member
Activity: 504
Merit: 5
You are  right because people prefer to invest in ICOs instead of bitcoin since they believe that the success of the project will favour them more than that of bitcoin in the nearest future. As a result the people who invest and trade bitcoin keep depreciating and those having the bitcoin are discouraged with the recent price fall which leads them to keep dumping and that leads to huge market crash that's why I think ICOs are affecting BTC.
jr. member
Activity: 462
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
Of course, the appearance of a huge number of new coins attracts people and they begin to invest in those coins that they think will be popular in the future or are already popular. I agree that this affects the number of bought bitcoins and other cryptocurrencies.
full member
Activity: 294
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If we have only BTC and some other alts with real tech(or own blockchain),such as Eth,Stellar and some others, we`d see more healthy market,crypto`d progress faster and faster than at this moment.
Reason?Copypaste scam projects with one aim - make fast easy profit without long term thinking
member
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Nope, that is not true. I don't see any relation between ICO and bitcoin price and if there is still any, the impact is so minimun that is not worth mentioning.
Probably people would like to explain and rationalize the price dump by any mean so they think of the most unbeliveable reasons.
jr. member
Activity: 294
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Cannot agree, on the contrary ICOs are new blood and we need them in crypto industry. But we should learn how to avoid scams and how to choose good projects. here is some useful information on the topic: https://icoguide.com/en/blog/choosing-an-ico-common-pitfalls-of-scam-icos

absolutely right, ICOs are great if you can do the proper research, which majority of this community simply can't and doesn't want to do. Let's just wait for the industry to mature
member
Activity: 448
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I think that ICO's had a very minimal impact with respect to the current btc bear market where it took a very long time to make the correction. Diversion of investments instead of going to btc, it was directly invested to the ICO's but this is just very minimal. The current drop could have been due to whale investor's manipulation, FUD and negativity news from the social media outlets affecting the growth in the market because btc is volatile in nature.
member
Activity: 155
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Don't know what had caused the recent crash. But I think not ICOs as all but scam ICOs is the reason of the whole market fall. I also think that the main reasons for the fall of bitcoin are manipulation on the futures market. I think we need a new wave of btc investors to overcome this balance point between btc buyers and sellers.
hero member
Activity: 1022
Merit: 503
We see bitcoin kissing the floor because of all manipulation and hacking incident plus the fact that icos are getting shitty everytime that's why investors are staying away to bitcoin and as well as alts. And decreasing the market cap is totally saddening to everyone and we actually need right now is a big news that will hype the market.
full member
Activity: 177
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It is your decision to sell your bitcoin to invest in ICO. You have to make sure that the ICO is legit and will be able to succeed in the market and get listed in an exchange otherwise your effort would have been wasted. Most of the ICO has been labelled as scam.
maybe it is true that a portion of bitcoins fall is due to dumping their bitcoin in exchange of investing in ICO, but only a portion of it. i don't think that would lead to big impact in the market's price, besides ICOs are already existing since then, and it doesn't really affect that much before.
full member
Activity: 476
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It is your decision to sell your bitcoin to invest in ICO. You have to make sure that the ICO is legit and will be able to succeed in the market and get listed in an exchange otherwise your effort would have been wasted. Most of the ICO has been labelled as scam.
newbie
Activity: 197
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Cannot agree, on the contrary ICOs are new blood and we need them in crypto industry. But we should learn how to avoid scams and how to choose good projects. here is some useful information on the topic: https://icoguide.com/en/blog/choosing-an-ico-common-pitfalls-of-scam-icos
newbie
Activity: 98
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Way too many ico's coming out too regularly flooding the market 90% rubbish with no value or real life use at all I do believe it would be hurting btc people dumping in hope of catching the next btc.
newbie
Activity: 120
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A lot of ICO is a fraud, but these projects have also entered the exchange, which will certainly lead to a loss of money for a lot of people, and a large number of people's profits are lost by a large number of people.
legendary
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

I disagree.

If the money is coming from fiat, then the sequence goes fiat -> bitcoin -> ICO.

That sequence should increase the price of bitcoin against fiat.

I think the real issue is that ICOs have been waning ever since the SEC cracked down on them. And because there are fewer ICOs bitcoin (and ether's) price has dropped relative to fiat.
full member
Activity: 1064
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 How?  And why some of alt is decreasing as well on this situation. ? By the way i don't believe pal that is reason behind why bitcoin fall, maybe you're wondering why other alt token from ICO is increasing while bitcoin is falling , actually base on my research the reason behind why some alt from ICO is increasing,  it is because some of holders from bitcoin always jump to ICO investment instead of keep holding on bitcoin  to recover their losses , which is the common reason as well why bitcoin constantly decreasing because of that manner. 
sr. member
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
Yes it is possible, Because even if I have a good and potential ICO Coins I will sell my hold of bitcoins immediately to buy good potential altcoins. But I also have a look at why the price of bitcoins is falling and it is the groups or big investors who manipulate the price of bitcoin.
newbie
Activity: 134
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I think the price of Bitcoin rose dramatically last year because of a large amount of money flowing into ico. The reason for this year's drop in bitcoin price is because most of ico become scams. Investors lose confidence and no new money enters.
legendary
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Your statement is correct for a different reason. Almost 80% of these ICOs fail or they are a scam. So most new investors gets burnt or lose money on ICOs and then they stop buying Crypto currencies and bitcoins. I would rather say that it is the scam ICOs that are the cause for the Bitcoin price that are falling.

Also, when the ban on Crypto currency advertisements started, the price took a nose dive and most ICOs are linked to ERC tokens and Crypto currencies that are again linked to Bitcoin.  Angry
sr. member
Activity: 1960
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
This is another failed theory on the reason for the fall of bitcoin. How do you compare the two different things to start with? Bitcoin goes up, altcoins also go up. The same also happens when the price is down. Now how is it that you believe that the shift of attention to altcoins has made bitcoin to collapse. Except you believe that it also makes altcoins fall too
jr. member
Activity: 148
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I think no because as i many ico was only depending on the price of bitcoin if they release their project in public ,and also the cause of falling bitcoin price are the investors of it and also the news about it either its good or bad its always reflected to the price of bitcoin.
legendary
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall.
your title can be correct but not this part.
it is actually a little different. as ICO tokens are getting  dumped and also a lot of the big shitcoin such as Ethereum are getting dumped, the money exits (flees) the market and it mostly does it through bitcoin. meaning they dump ICO tokens and shitcoins for bitcoin and then they sell bitcoin to get their fiat out. that can cause bitcoin price fall.

Quote
If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
first of all only an idiot thinks an ICO can be a great coin because they are not even coins! they are tokens reliant on another platform!
secondly when you invest in an ICO you don't "sell" your bitcoin for them. you simply invest bitcoin in that shitcoin. that  doesn't affect bitcoin price at all.
sr. member
Activity: 1470
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

oh boy i am telling this since aoens, bitcoin is losing for many reasons, its not alone anymore more that gets investor support,

and its not really designed to help the people in the long term,

bitcoin is designed like ramcoin that cannot be touched by the banking cartels.

https://www.cryptoproductivity.com/single-post/2018/04/10/bitcoin-just-temporary-ram-coin
full member
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that is a small part of the cause of bitcoin falling, I see today that investors are more interested in ICO investment than investing in bitcoin, thus making bitcoin difficult to rise.

but I think that bitcoin is still become the standard altcoin price in the crypto world. so although many investors are investing in altcoin, the altcoin will not go up and high, because bitcoin still has not recovered.
member
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If they can profit more in investing to new tokens why not invest to new ICO. Its not illegal anyway so people will jump into ICOs like the telegram ICO. There are lots of potential ICO which is why they did invest to them. No one is forcing anyone to stick to BTC or to ETH.

You are right, everyone can freely choose where they want to invest. Also I do not agree that icos cause of the recent bitcoin fail because as we can see all alts decreases too and new icos don't have assurance of becoming successful.
member
Activity: 294
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Well that is somehow right for the successful ICOs since these altcoins are being created with special features that will attract people to their side. People may invest to them as their reserve when worst comes to bitcoin
legendary
Activity: 2492
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If they can profit more in investing to new tokens why not invest to new ICO. Its not illegal anyway so people will jump into ICOs like the telegram ICO. There are lots of potential ICO which is why they did invest to them. No one is forcing anyone to stick to BTC or to ETH.
full member
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
I may say is not, ICO's doesn't make bitcoin price causes into falling and there is no connection with buying tokens from them. The most common reasons of its huge decline are FUD's creation and market manipulation by whales. It happens that some investors(whales) sell their coins in cheap price that affect the entire market.
jr. member
Activity: 293
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In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

If in my opinion it's not because of ICO token coin, it can not be the base of bitcoin down.
so far bitcoin to down due to many bad issues that spread, resulting in everyone selling panic and eliminating some bitcoin users. everyone is looking the bitcoin movement lately and waiting to enter the market at the right time.
if there is a good breakthrough from bitcoin so that it can attract people to re-use bitcoin then I'm sure bitcoin will rise back to the moon.
hero member
Activity: 1148
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Yeah, because the volume goes to altcoins. Causing the price of Bitcoin to decline. That's why when altcoins are dumping, Bitcoin is rising.
But what happen right now is different. It's massive sell out which caused by nonstop FUD that caused the panic sell. And the futures expiration fueled the sell out. ICOs are not the reason why it keeps falling right now. But it can affect the price of Bitcoin. There so many factors that could be a cause of fall of Bitcoin. Not just ICOs. There are manipulators(whales), hacking and FUDs.

Anyway, people buy ICO tokens to make some profit because Bitcoin alone is making your money sleeping. ICOs can make your capital 10x or even more. But at the end of the day, they will sell it for Bitcoin.
sr. member
Activity: 476
Merit: 250
but when you invest in ICO`s the aim is to collect more btc and at a some point of time you buy the btc again when you sell the coins from Ico`s, so the reason may be not the ICO`s but there is no liquidity in market and no new money enters into it.
legendary
Activity: 1218
Merit: 1007
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
You would be increasing the price in most circumstances, unless there are people who are immediately taking their BTC and selling it for ETH and those people in turn choose to sell the BTC for fiat immediately, the only way there would be a decrease in Bitcoin is if no-one wanted it at all. It's not the fault of the ICO, maybe it's the fault of Bitcoin not being as big as it used to be.
full member
Activity: 952
Merit: 104
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?


Nope nothing connect ico's for bitcoin value dumping in the coimmarketcap but ico's affected due to the dumping of bitcoin price not bitcoin affected because of ico's, look at and lets analyst after the 2017 all time high of bitcoin including altcoins or the whole crypto currency.

Starting January 2018 until now the bitcoin price are in the low value unlike last year bitcoin is on the moon and price too expensive, year 2017 bitcoin at in ath value the dev's continue to make their ico's project even if the price is too expensive and making ico's project are also too expensive because high fees for the promotion expenses paying in btc. 2018 bitoin stay dumping until now the ico's project are gone because have some fuds news about bitcoin goes die in the market and dev's afraid to invest making ico.

hero member
Activity: 1834
Merit: 523
I don't think ICO is one of the reason maybe yes but in different way. If the ICO scam and the founder collected more bitcoin or totall of millions dollars and they sell it they have affect on price. But if the ICO is legit msybe they have good to the price because the people buy bitcoin to purchase coins or tokens.
legendary
Activity: 4410
Merit: 4788
ther are some signs..
EG the BTC peak was mid december. and then the ether peak was mid january. so yea it seems those that sold btc then bought ether.. which is the token most ICO's are tied to.

but what you have to realise is that the initial btc spike to $20k was a fluke...
if you cut away the october/february spike and correction of btc.. and pretend that the december event did not happen. you will see where real value is more observed. and you can then see how things like mining costs increased. and then as people bought what was being sold a new bottom line of value became apparent.

eg
2016: never dropped below $300
2017: never dropped below $900
2018: never dropped below $6000

these are the values that get tested often and found that people refuse to sell their coins below this price.

so yea although alot of speculative funds moved over to ICO's . real value baselines have grown since last year. so its not like bitcoin has lost value. its gained value but lost speculation
copper member
Activity: 193
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Put your money where your mouth is. If you know bitcoin is going down against USD, simply short sell it. Profit.
sr. member
Activity: 840
Merit: 266
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

Not ICOs as all but scam ICOs is the reason of the whole market fall and it might be the reason for the end of crupto currencies overall in the near future . Scam ICOs   is a money going out of crypto world without any cause benefiting the crypto industry, they are simply taking money from the whole crypto marketcap without giving anything in return . Not to mention the bad image crytpocurrency get from it .
sr. member
Activity: 734
Merit: 250
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
No it is not right because the price of bitcoin increases when these ICO come because they advertise more and more people come to crypto. They also do not sell their bitcoin to fiat but these bitcoin only change hands until they are in cryptocurrencies. The price fall because of the obvious regulations which each of us know who were in cryptocurrency from the beginning of the 2018.
full member
Activity: 476
Merit: 102
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

Maybe that that is one factor for price fall of bitcoin because instead people invest to bitcoin they divert to ICO token which is not too expensive like a bitcoin and also it will give a good return once it is in the market.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
Or, just maybe, the BTC bull run above $10k was total bullshit in the first place...
newbie
Activity: 294
Merit: 0
The causes of bitcoin fall is usual in that,most people see it as to be rising and will never go down after many years of being down.i don not think the rise and fall at interval is caused by ICO but by influenced in the market.
legendary
Activity: 966
Merit: 1042
Maybe partially but I doubt this would have created a bear market in any way. It's more about all of the FUD that comes out at the same time from traditional media and all of the sheep follow the other sheep down the hill.
copper member
Activity: 322
Merit: 8
Maybe. This is a very plausible explanation for why bitcoin price has been slow at picking up. But only very few icos are doing well this period. One of them is spotcoin which sold out its presale earlier than expected
member
Activity: 145
Merit: 10
HalommmmE is my LOVE
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
I don't think that saying is true actually scam ICOs failed to deliver fake promises destroy themself now most of people believe in free airdrop to support any coin startup phase .I think the main reason destroyed bitcoin price is MTGbox exchange locked coins .
hero member
Activity: 3080
Merit: 603
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall.
That's true that instead of being invested to bitcoin, the highlights goes to the ICOs and any other altcoins but that's not going to be the reason of bitcoin's fall. There's other factors that can be believable instead of this and besides the era of ICOs are about to change for the upcoming years and it might end for those projects that doesn't have real company and use.
If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
Only a gullible person will do this.
legendary
Activity: 2436
Merit: 1362
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

What you are referring to is like the crypto market is being diluted and instead of 10 or 100
projects to choose from there seems to be that much being created every week in ICOs which
does divert investment from bitcoin and other established coins to reduce market share.

This is not the sole reason but is probably contributing to bitcoins movement.
full member
Activity: 494
Merit: 120
In BTC we trust!

In simple terms - Yes, if the devs of the new, successful ICO raise a lot of funds (in BTC/ETH) and next they dump it all for fiat money, then the effect on the price would be negative. But it's more complex than this.

Don't know what had caused the recent crash, but I doubt it was related to any ICO, as that would be rather easy to trace.

You are right and it must be much more complex) But it sounds right, that a lot of successful ico's in the 2017 end - 2018 beginning sell their raised btc/eth and have SOME influence on the whole market.

I think we need a new wave of btc investors to overcome this balance point between btc buyers and sellers (ico teams).
legendary
Activity: 2436
Merit: 1561

In simple terms - Yes, if the devs of the new, successful ICO raise a lot of funds (in BTC/ETH) and next they dump it all for fiat money, then the effect on the price would be negative. But it's more complex than this.

Don't know what had caused the recent crash, but I doubt it was related to any ICO, as that would be rather easy to trace.

full member
Activity: 238
Merit: 100
UNCLOAK™ - Cyber Threat Detection Powered by EOS™
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?

Generally, the purchase of new tokens for bitcoin should increase its growth, I think that the main reasons for the fall of bitcoin are manipulation on the futures market and the sale of Mt. Gox’s bitcoins.
full member
Activity: 938
Merit: 137
I do not see any relationship between the purchase of new tokens for bitcoins in ICO projects and the drop in the rate of bitcoin. Here bitcoin passes from one source to another. Are the funds pumped from bitcoin to tokens? And if for the bitcoins would buy different goods - apartments, cars and goods turnover would grow, how would bitcoin behave? Would it also fall in price, because the funds would be pumped from bitcoin to different material values? No, turnover has always contributed to the growth of money.
It is possible that the bitcoine rate has temporarily dropped due to the expiration of the futures, because, as already noted, bitcoin always at this time falls by about 18 percent.
member
Activity: 84
Merit: 10
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
indeed some people choose to buy tokens at ICO which he thinks can make a profit, but I think bitcoin is down because the hackers and crypto market are taken over by irresponsible people, that's what causes bitcoin down.
member
Activity: 350
Merit: 10
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
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