Topic: The bear market, a fix to greedy ICO's (Read 336 times)
Absolutely agree.
You are correct it's not as easy to raise funds when the market is in its present phase and this helps to eliminate a lot of projects that are trying to make quick cash grabs or con investors out of their money
When the market does improve hopefully there will be better quality projects and less risks for investors
I still believe we have not gotten to that stage yet where we get to see some ICOs being out of the market as we will still get to see a huge bloodbath in the future and this is the time the altcoin market will get to bleed hugely and those coins and tokens without product will really get affected in a very huge way. When the market does improve hopefully there will be better quality projects and less risks for investors
The problem with a lot of people is just that they keep wanting to get rich overnight, but forgetting that things do not work that way. The main idea and what the whales are always taking advantage of is to get the greedy and weak hands to be out of the market, which is what I believe we have seen so far.
It is a shame that many worthy projects are not able to collect the necessary sum for further development. As a rule, the main reason is the bitter experience of investors who have been deceived by a lot of scams.
We haven't seen a real wave of ICO fixing. Believe me, most of ICOs are patient enough and they are waiting for bull run, but the longer down trend is, the more money they need and close to New year they will start fixing again. By the way why do you call them greedy? They need money for development, that's it
Even now, projects are able to raise such funds, in my opinion, people have become more cautious to invest, so they are waiting for serious projects!
Well, that is usually always the thing that gets to happen in the long run as the market keeps getting more matured. We get to see people tending to realize what they should be doing and what they should not be doing, and then as a result of that, the whole hype tend to die down gradually and people start getting wise.Nonetheless, we also have to understand that not everybody will as some are always gullible enough to stay in their own world of ignorance than learning on how to always do things right, so in a way there will always be the greedy gullible ones.
A lot would have wondered if the ICO market is dead, the truth is that the market is still alive but the bear market may not allow for raising of hundreds of Millions of Dollars just like we had throughout 2017 and 2018 where even a lot of greedy projects where overvalued.
With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
But in essence isn't it good to have a strong valuation even if it turns you overvalued it since initially as an ICO you must show strength to your investors? Its only what follows after that that determines if you under/over valued your project. With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
Bears have been on the market for too long, which generally indicates that the market should seriously prepare to lose investors who have worked in the market for so long before, the current market situation does not like investors in general.
At the moment there is no meaningful progress in the coin, I get information that someone controls the coin at the exchange market.
A group of people want coins that he can compete in the crypto world, so they hold large coin coins. maybe this information can't be trusted, but if you look at the market, it seems that someone controls the price of coins. Hopefully, by the end of this year, coins will increase as at the end of the previous year.
A group of people want coins that he can compete in the crypto world, so they hold large coin coins. maybe this information can't be trusted, but if you look at the market, it seems that someone controls the price of coins. Hopefully, by the end of this year, coins will increase as at the end of the previous year.
There are still ICO getting funds more than a million which I think is more than enough to make the project successful. Right now, ETH seem to be worth holding than investing to an ICO but there are projects like EOSEX which asking for EOS instead. The team seem to have a good marketing that tokens are getting sold, to be fair the project is real good though exchange project had flood the ICOs already.
At the moment there is no meaningful progress in the coin, I get information that someone controls the coin at the exchange market.
A group of people want coins that he can compete in the crypto world, so they hold large coin coins. maybe this information can't be trusted, but if you look at the market, it seems that someone controls the price of coins. Hopefully, by the end of this year, coins will increase as at the end of the previous year.
A group of people want coins that he can compete in the crypto world, so they hold large coin coins. maybe this information can't be trusted, but if you look at the market, it seems that someone controls the price of coins. Hopefully, by the end of this year, coins will increase as at the end of the previous year.
Indeed, this year is a challenge for investors to be more careful in choosing projects. There is still a lot of learning to get involved in future projects.
It should be noted in bear market analysis, slow movements but can provide little profit and stay afloat.
It should be noted in bear market analysis, slow movements but can provide little profit and stay afloat.
It is a good way also to filter out the good and the scam Ico. For me, I found out if the ico was great, when they don't really care about the current condition of the market. Because they aim on the project's deadline and really no cares for the money they got on the investor.
If today's investment is quite a lot of poor quality projects, it is difficult to succeed from the investment, so in my opinion, electronic money is the most risky market, they can hardly win the advantage. from this market.
the term "bear market" is a wrong thing to use for altcoins, specially for ICOs because this is not a bear market really. instead this is a "dumping period" which is the other side of the manipulation market of altcoins which was pump.
as for ICOs we consider them "near dead" because of the increased awareness among people in this market who no longer trust them and no longer want to gamble their money not just because they are dumping.
as for ICOs we consider them "near dead" because of the increased awareness among people in this market who no longer trust them and no longer want to gamble their money not just because they are dumping.
You are right, the icos are on the verge of death, and people are less and less willing to invest in them, because past experience has proven that 99% of the investment's icos can't make you profitable and will eventually fail.
the term "bear market" is a wrong thing to use for altcoins, specially for ICOs because this is not a bear market really. instead this is a "dumping period" which is the other side of the manipulation market of altcoins which was pump.
as for ICOs we consider them "near dead" because of the increased awareness among people in this market who no longer trust them and no longer want to gamble their money not just because they are dumping.
as for ICOs we consider them "near dead" because of the increased awareness among people in this market who no longer trust them and no longer want to gamble their money not just because they are dumping.
Even now, projects are able to raise such funds, in my opinion, people have become more cautious to invest, so they are waiting for serious projects!
This bear market is an opportunity to test some dev and how many of them are truly working for the purpose of developing a project that will benefit the cimmunity and not just enrich themself.
A lot would have wondered if the ICO market is dead, the truth is that the market is still alive but the bear market may not allow for raising of hundreds of Millions of Dollars just like we had throughout 2017 and 2018 where even a lot of greedy projects where overvalued.
With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
I believe that in 2018 ICOs have raised more than double what they did in 2017 so.... I still see countless scammy projects raising millions if not tens of millions so I don't really agree. I do think that there are less clueless investors but there are still plenty of scam projects and they're a bit more sophisticated now so a little harder to pick out.
IOTA raised less than 1 million and all was happy and they started to work and how much it cost now) and look on the most ICO in this year they raised 10-20 millions and now they cost 3-4 millions)
A lot would have wondered if the ICO market is dead, the truth is that the market is still alive but the bear market may not allow for raising of hundreds of Millions of Dollars just like we had throughout 2017 and 2018 where even a lot of greedy projects where overvalued.
With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
With the bear market, it is time to know real projects, projects may no longer raise hundreds of Millions as they usually overvalue their token and eventually find nd it hard to achieve softcap and hardcap becomes an endless wait.
The reality now is that ICO projects may not be able to raise such huge sum anymore. It is now time to wade off greedy projects, only real and genuine projects will survive by starting low and prooving themselves overtime.
I believe that in 2018 ICOs have raised more than double what they did in 2017 so.... I still see countless scammy projects raising millions if not tens of millions so I don't really agree. I do think that there are less clueless investors but there are still plenty of scam projects and they're a bit more sophisticated now so a little harder to pick out.
You are correct it's not as easy to raise funds when the market is in its present phase and this helps to eliminate a lot of projects that are trying to make quick cash grabs or con investors out of their money
When the market does improve hopefully there will be better quality projects and less risks for investors
When the market does improve hopefully there will be better quality projects and less risks for investors
Due to the large drop in the cryptocurrency market this year, many projects have lost their investors, this includes both good and fraudulent projects, so I do not think that the situation with the ICO is getting better because of the bear market, since there are still a lot of scammers.
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