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Topic: The bear market, a fix to greedy ICO's (Read 319 times)

jr. member
Activity: 224
Merit: 1
November 15, 2018, 08:47:07 AM
#39
Absolutely agree.
sr. member
Activity: 1652
Merit: 299
November 15, 2018, 07:07:23 AM
#38
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.

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.
full member
Activity: 434
Merit: 100
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November 15, 2018, 06:27:36 AM
#37
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.
sr. member
Activity: 672
Merit: 251
November 15, 2018, 06:10:09 AM
#36
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
full member
Activity: 448
Merit: 102
November 15, 2018, 06:02:26 AM
#35
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.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
November 12, 2018, 12:13:18 PM
#34
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.
full member
Activity: 616
Merit: 100
November 12, 2018, 12:07:14 PM
#33
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.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
November 12, 2018, 12:03:55 PM
#32
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.

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.
full member
Activity: 414
Merit: 100
November 12, 2018, 10:56:09 AM
#31
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.
member
Activity: 462
Merit: 10
November 12, 2018, 10:44:01 AM
#30
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.
jr. member
Activity: 322
Merit: 1
November 12, 2018, 10:19:33 AM
#29
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.
member
Activity: 392
Merit: 10
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November 12, 2018, 04:58:43 AM
#28
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.
member
Activity: 360
Merit: 12
November 12, 2018, 04:39:58 AM
#27
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.

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.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
November 12, 2018, 04:19:23 AM
#26
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.
jr. member
Activity: 378
Merit: 1
November 12, 2018, 04:10:52 AM
#25
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!
member
Activity: 280
Merit: 11
November 12, 2018, 04:02:39 AM
#24
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.
full member
Activity: 644
Merit: 100
November 12, 2018, 03:44:17 AM
#23
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. 

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)
full member
Activity: 415
Merit: 100
November 10, 2018, 05:44:25 AM
#22
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. 

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.
hero member
Activity: 1344
Merit: 502
November 10, 2018, 05:42:04 AM
#21
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
member
Activity: 336
Merit: 10
November 08, 2018, 03:24:07 PM
#20
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.
full member
Activity: 753
Merit: 100
November 08, 2018, 03:03:49 PM
#19
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. 
I also thought about it, and perhaps at the moment the market for ICO projects is indeed changing and some project developers, as well as fraudsters, will understand that collecting huge amounts is not as easy  as it was before.
full member
Activity: 518
Merit: 105
November 08, 2018, 03:00:08 PM
#18
Open the coinmarket and look at the number of tokens and coins, there are already 2090 of them. You don’t think it’s time to finish typing ISO, aren't there enough projects in different areas of our life. I think it's time to implement projects and introduce them into our lives. But I am sure that the new bull market will give a new impetus to ISO and by the end of 2019 we will see more than 3,500 coins and tokens.
full member
Activity: 360
Merit: 100
November 08, 2018, 02:57:38 PM
#17
Yes, you have evaluated the market situation very real. ICO projects almost always exaggerate the value of each token of the project. These are just virtual numbers when they are linked on a trading platform. This price is very low. Therefore, to avoid such projects, you should carefully understand the information about the project. I evaluate the actual projects very high although the value of the cards is very low but it is realistic and has great potential for future development.
sr. member
Activity: 1442
Merit: 265
November 08, 2018, 02:49:24 PM
#16
I know icos have slowed down and also struggling due to bearish market to raise good funds but i think this is not the ideal situation if you look from the perspective of overall crypto market abd community, we do need good growth both of volume and value for bright future of crypto market, im not saying we want straight up market continuously, dips and corrections are always healthy but i think a corrective phase lasting for months can hurt the market badly especially new people can be discouraged and are foreced to exit the market out of disappointment and panic, so it will be good if volume stays in the market and keeps growing.
sr. member
Activity: 798
Merit: 263
November 08, 2018, 01:41:13 PM
#15
Bear market corrections do flush out excessive speculation and greed in the market for both new ICOs and existing projects. It prepares the base for next bull run.
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
November 08, 2018, 01:38:20 PM
#14
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.  

I think the bear market mainly punished greedy ICO projects which kept their money in ETH instead of converting them straight to USD, gambling on the price to keep going up but ending with 50/90% less funds than they collected.
full member
Activity: 826
Merit: 105
November 08, 2018, 11:46:07 AM
#13
I don't think the downtrend would fix anything,
it just limit scams at a stable level, cause people are very aware of scams and over all, they had just lost all their money at the bear market though.
member
Activity: 298
Merit: 10
November 08, 2018, 11:26:21 AM
#12
You're right. ICO will not die. It is just that the way and speed of raising funds are not as fast as before. People's sense of participation in ICO changed. People are not becoming so blind. Now is the time to choose valuable investments.

hero member
Activity: 868
Merit: 500
November 08, 2018, 11:09:21 AM
#11
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. 

This become a real concern to me, developers started becoming greedy and offering less value for money, when I entered the space most projects raised between $1 to $7million, project like Stratis raised less than a million Dollar and is more successful than the $20, $30 million or more projects in the space.

I think people need to protect themselves now and projectasking for ridiculous amount must be called out
member
Activity: 684
Merit: 10
November 08, 2018, 11:00:26 AM
#10
The crisis always clears the market from garbage, I think for the crypto world it will only benefit.
jr. member
Activity: 126
Merit: 1
November 08, 2018, 10:41:50 AM
#9
I think we get overwhelmed by the market sometimes, but it should not let us make hasty decisions.
As long as we were earning good from the projects, it was fair to invest but suddenly they look greedy.
Well, they have always been like that, its our research that brings in the faith. So keep doing thorough research and you will see some ICO's still good.
hero member
Activity: 2282
Merit: 505
November 08, 2018, 10:39:34 AM
#8
They don't more than 1 million for the first steps. First ICO raised very few money but most of them created products and made a great profit for investors. Now I see lots of strange projects collecting hundreds of millions for nothing, just some clever words. This must change. And as I said before, they all must be security for such price.
Just like EOS and any other crap platforms. But the trend of crypto gives a lot of impact too. i would not try to deny about the fact that crypto is really volatile and anything will always have relationship with the speculation. A lot of icos in the past have become the major platform just like ethereum and ripple.
full member
Activity: 644
Merit: 100
November 08, 2018, 10:30:41 AM
#7
They don't more than 1 million for the first steps. First ICO raised very few money but most of them created products and made a great profit for investors. Now I see lots of strange projects collecting hundreds of millions for nothing, just some clever words. This must change. And as I said before, they all must be security for such price.
member
Activity: 168
Merit: 24
November 08, 2018, 09:40:27 AM
#6
Now the reality is that many projects ICO are only concerned with their  profit for Dev. When their project have reached hardcap they don't care about the price and future of the project. Many project say that they reach hardcap but their token doesn't have value or doesn't have listing at any exchanger. Maybe we can hope when the market is bullrun and we can earn some profit again when join some ICO
member
Activity: 322
Merit: 20
November 08, 2018, 09:40:03 AM
#5
I tend to thnik that corrections in the market occur for a good reason. You can´t sustain indefinite exponential growth, that is just insane. It is unrelated to ICO, you cannot have it in anything.
full member
Activity: 406
Merit: 100
November 08, 2018, 09:20:49 AM
#4
Yep, it's true. At the moment, everywhen you can see any ICO project said that they raised about $100mln you guys should stay away from it. LOL. Just because I can ensure 100% that it's just a scam project. There is no project can rise that much money at this time while bear still doesn't wanna sleep and bull doesn't wake.
copper member
Activity: 280
Merit: 1
November 08, 2018, 09:17:54 AM
#3
It is no longer business as usual for some greedy developers, the bear market has already set them packing, it is only those interested in developing real projects and willing to noture them grow over time will remain. The last year bull market saw a lot of ICO's taking millions of dollars in token sale and majority were not having useful projects. Currently any project will to launch now should be ready to accommodate the low capital raiss and push it through to a reasonable level
full member
Activity: 560
Merit: 119
November 07, 2018, 09:54:28 AM
#2
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. 
Last year when almost all ICOs, altcoins were profitable it was a nice year, everybody was earning, so where was the problem, why we cant continue in this trend? I see many many promising ICOs and altcoins and they are so checp now. Nobody wants to earn?
newbie
Activity: 131
Merit: 0
November 07, 2018, 09:49:19 AM
#1
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. 
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