ICOs, not Bitcoin, are the bubble - page 2.

MIT2K

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Quote from: scottmichaels on November 22, 2017, 09:12:59 PM

It really does take research before investing in an ICO.. some companies are there for a quick buck while others are really trying to raise capital and create a currency to grow their business.

Very true, for every 10 there are 1-3 great companies which will bring value.

Hanablue

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ICOs are ofcourse bubble but not the bitcoin. 99% ICOs are just for scamming people.

Ayiranorea

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Quote from: cosmoo on November 26, 2017, 08:19:52 AM

Quote from: lazygin001 on November 23, 2017, 12:10:51 AM

Worthless ICOs will disappear as soon as it is no longer profitable, and then the next wave comes. It is like a cycle. No need to worry.

I agree. Most of ICO's developers just trying to make money. And it will never stop.

ICO developers try to make a good earning. Same doesn't affect the growth of bitcoin in any form. These are the platforms that are gonna serve the future when majority of the population learn about the technology based growth happening around the world.

lasry

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Quote from: xiaohang07 on November 26, 2017, 10:41:46 AM

When everybody says bitcoin is not a bubble, it is.

Though if compared to bitcoin , ICO is the bubble one, better not to invest in ICO's cause it is way too risky. In contrast, we all can see the volatile nature of ICO's which makes it a lot more dangerous. As matter of fact, China declared ICO as illegal and banned the practice of creating some more digital currency due to heavy risk and large number of scams.

xiaohang07

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When everybody says bitcoin is not a bubble, it is.

aoihs00

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Quote from: HeRetiK on November 21, 2017, 07:44:53 AM

Of course they are.

Question being, how much of Bitcoin's growth was caused by the ICO hype? I personally think that Bitcoin is largely decoupled from the ICO market. However as always there may be relations at play that will be only obvious in hindsight.

Indeed thats true fact. I have always told many of my friend also that ICO are actually the way to get more money into the bitcoin market.

We always buy the tokens and coins and stakes through the Ethereum currency but why it does not pump hard to higher market? Because whenever the tokens are listed in the exchanger we only look for BTC/Token pair and not the ether. This is clear cut proof for the bitcoin incriminate due to ICO investment that we see now a days.

However, the facts and the reality could be different. Many of the great investors are actually present to fluctuate the market of bitcoin and we can not possibly pin point what really matter. May be everything altogether or may be not.

cosmoo

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Quote from: lazygin001 on November 23, 2017, 12:10:51 AM

Worthless ICOs will disappear as soon as it is no longer profitable, and then the next wave comes. It is like a cycle. No need to worry.

I agree. Most of ICO's developers just trying to make money. And it will never stop.

lazygin001

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Worthless ICOs will disappear as soon as it is no longer profitable, and then the next wave comes. It is like a cycle. No need to worry.

pushups44

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Lots of ICOs are questionable. It's up to investors to determine the wheat from the chaff. Before investing in a cryprocurrency or token, it's important to look up the team members and their track records. It's also critical to determine if their idea is viable and what connections, if any, they have in the blockchain or other industry space.

hatshepsut93

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Scamming is not the only problem of ICO's, because essentially they are startups and startups have very high rate of failure in general, although it's not 90% like many people believe - on average it is closer to 60%, but during the dotcom bubble it was 80%. Scams contribute to a a big portion of ICO's failure rate, but without them it will still be very high, because blockchain can't be easily applied to everything and improve it - blockchain has it's own downside like being far less efficient or requiring strong decentralization and mining to actually enable its security. Plus, there's still very few working blockchain apps - Bitcoin is quite simple and still it took many years to polish it, Ethereum's smart contracts are still buggy and lead to big losses of funds sometimes, so actually implementing blockchain for some complicated project would require some very talented people.

InBTC4years

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Cryptocurrency is driven more by speculation than anything else. So, the speculators believe the price of Bitcoin will rise, if they did not, they would sell, but instead they keep buying.

So, now you know how to read the sentiment of the market. Watch the price.

yojodojo21

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At present the rise in the value of Bitcoin is not the bubble: it’s the ICOs.

This is the Actual Reality, We Know That Bitcoin's value is keeping on it's unstoppable Growth, and Those ICO's are Ruining The way. Many Investors Waste Their Bitcoin if They have Invested in an Scam ICO's, So Such A Waste of Time And A very Loss. And The Problem is many ICO's Are Supported, That is Why Most of ICO's are Freely to Run the Project, and The Effect is the Banning of ICO's in Some Countries so Bitcoin Get's Affected.

Saifher

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I feel like most people are already starting to get smarter regarding ICO scams and shady projects. Of course this only happened after a lost of money was lost, but better now than a few years down the road when the crypto market cap is going to be much bigger.

The bubble is already decreasing in size!

cherrymobile

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Quote from: rockyshala on November 21, 2017, 07:23:26 AM

If token issuance looks like a claim on the future value of an enterprise, that is true. The problem is, among the scams that have emerged from what can be called the “token-layer” of the crypto hierarchy, investing in unproven applications (“ideas”) is the most prevalent.

Read more: https://cryptodaily.co.uk/2017/11/icos-not-bitcoin-bubble/

They are same bubble but only ico will going to pop and bitcoin price is going to rise unti it become a strong cryptocurrency i can say that this is our future money becaise this bitcoin gives a hope to all people.

iluvpie60

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Quote from: rockyshala on November 21, 2017, 07:23:26 AM

If token issuance looks like a claim on the future value of an enterprise, that is true. The problem is, among the scams that have emerged from what can be called the “token-layer” of the crypto hierarchy, investing in unproven applications (“ideas”) is the most prevalent.

Read more: https://cryptodaily.co.uk/2017/11/icos-not-bitcoin-bubble/

Bitcoin is in a bubble of value right now. But that doesn't mean it will go up by more or down by more and stay there.

It could easily go back down to a few thousand per BTC. Usually at an all time high BTC goes back down by about 10% then slowly climbs some more. For me, I can see BTC being worth 2k or 3k because that number seems to make more sense for right now. I don't understand why it is almost 3x higher than that right now. But if people all say it is then it is.

slyfox

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Quote from: rockyshala on November 21, 2017, 07:23:26 AM

If token issuance looks like a claim on the future value of an enterprise, that is true. The problem is, among the scams that have emerged from what can be called the “token-layer” of the crypto hierarchy, investing in unproven applications (“ideas”) is the most prevalent.

Read more: https://cryptodaily.co.uk/2017/11/icos-not-bitcoin-bubble/

I think there is a big probability this is correct, but what is this going to mean for the ico market and those that invest in it, icos already are having problems raising money since no one wants to give their bitcoin away, this added with new regulations and the number of scams is going to kill the ico market.

scottmichaels

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It really does take research before investing in an ICO.. some companies are there for a quick buck while others are really trying to raise capital and create a currency to grow their business.

madcoin

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My idea, we shouldn't think so negatively about the Ico's. Ico aren't just collecting money. The main thing is the project and the moving of an innovative idea to the real world. When we invest in Ico, we invest in a new idea and the project that will realize that idea. Of course, It isn't easy to choose an İco that will be worthwhile.

MIT2K

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But im sure Ethereum is due a good crash from all the naff icos out there

MIT2K

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Some ICOs though will go on to be very successful - i dont believe they are all scams or a waste of time, there will be value that will be pulled from a number - Ethereum will also have its day as whilst its done great this year in 10 years with companies having been built on it with time to grow it will be worth alot more

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