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Topic: the icos are the cause of the fall of bitcoin? (Read 567 times)

sr. member
Activity: 1274
Merit: 263
ICO's have big effect to the bitcoin price maybe they are cause of falling because of the scam ICO but it is helpful to increase the price of the bitcoin. Because if their project are base to bitcoin the investor buy bitcoin and they invested to their project.
sr. member
Activity: 2506
Merit: 368
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

The market only depends on the demand and supply so from my point of view investors are switching from altcoin to Bitcoin because they can no longer get a good profit from those scams ICO everywhere. So if investors will going to switch from altcoin to Bitcoin you'll know what will going to happen to the market of Bitcoin compared to most altcoins.
jr. member
Activity: 352
Merit: 1
In my opinion,  bitcoin falling/rising doesn't have anything to do with people being scam on icos. Bitcoin falling is mostly due to whales manipulation, fear from newbies, government threat and so on. So people who got scam on icos should do their research well before investing or they should choose to invest on established top coin that has a very low rate of exit scam.
full member
Activity: 966
Merit: 104
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

The situation with the drop in the price and popularity of bitcoin has practically nothing to do with the fraudulent ICO projects. The main reason that bitcoin fell in popularity is that it was deliberately pumped up by December to increase its value, after which it fell sharply in the price of correction and many investors suffered losses. For seven months, bitcoin is only one-third of the cost of its December price. The myth of the constant increase in the price of bitcoin and the constant profit from its retention has collapsed. So what's with the ICO projects?
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

While icos are a problem, the biggest problem is the mentality of those that enter in this market thinking they will make millions of dollars in just a few weeks by investing in icos, if they did not had that mentality then it will be impossible for icos to be as successful and there will not be so many of them, however I think that in the next years we are going to see a new kind of investor the kind that will only invest in the best coins and that is not going to waste his time investing in icos, after all the profits that you can get out of bitcoin are still enormous compared to what you can get in the stock market and this process will probably accelerate if the economy of the world begins to show signals of weakness.
legendary
Activity: 1176
Merit: 1024
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?
I doubt it, people did really lost a lot of money to shady scam coins that started out their "funding" through ICO's however comparatively speaking people still have billions of dollars invested in the big coins (aka the top 25 coins) so even if there was a lot of money involved and invested during the ICO craze of gold rush, it was still not as much as the rest of the market to be honest and you can clearly see that market is the one that is down initially which causes all of this.

Yes, losing a lot of money on ICO did cost people to get out but mainly it was the so sudden spike at price that was unsustainable that caused all of this bear market.
hero member
Activity: 2114
Merit: 603
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?


I agree, and it is so ironical that bitcoin's sky-rocketing increase was the reason that all these ICOs emerged in the first place and now they have become the reason for bitcoin's price fall. ICOs are sprouting up like weeds, and so many of them are scams. Only a few of them have the capacity to sustain the market, and their emergence is in part due to investor ignorance and greed.

This trend needs to stop soon if we want to see a true bull run.
full member
Activity: 392
Merit: 100
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?


Nope, i think ICOs are not the reason why the price of bitcoin crashed. ICOs have nothing to do with bitcoin, there are many good ICOs scam on the old days with many ETHs scammed but the price is still stable but all is different if an exchange become a scam or hacked, the bitcoin price will fall for sure, following with other alt price too.
full member
Activity: 434
Merit: 100
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

If that is the case then people are really dumb to think that, no one forces you to invest in icos, in fact in order to do so you need to take several steps, you first need to buy bitcoin and then you need to find icos exist at all, the first time I invested in bitcoin I did not even knew something like icos existed, and then you need to find one to invest and send your money to the developer of the ico, as you can see you need to take several steps before investing in an ico and in every single one of them you can choose to not do it and avoid losing your money that way.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
altcoin dumps and bubble bursts can contribute to the bitcoin drop but not ICOs because ICOs are mostly receiving ETH and nothing else and when they scam, run away, or simply get dumped people dump them for ETH, some of them don't have any other way of exiting than ETH so if anything they are dumping ETH price not bitcoin's.

but altcoins as I said can cause a bitcoin drop in my experience. as they get dumped hard a lot of money exits the market and they usually run back to fiat and since majority of them don't have a fiat market or the traders are not on an exchange that has  a fiat market (don't confuse USDT with fiat) they have to go through bitcoin.
member
Activity: 308
Merit: 10
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?


I believe that ico's does not do anything with the market price drop but fud is affecting the prices in the market because people prefer to sell their coins more than holding it due to panicking since the market prices are dumping right now.
hero member
Activity: 1190
Merit: 534
Yes, it is true that scams are affecting world's perception towards cryptocurrencies but that has nothing to do with the fall of Bitcoin. It is completely the result of fear of missing out from the new investors having no research and vision for their investments. There is a lack of awareness about the crypto industry and big whales and institutional investors take the benefit of this factor in order to earn high gains from this situation.
hero member
Activity: 686
Merit: 500
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

The fall of ICOs have nothing to do with bitcoin.
full member
Activity: 560
Merit: 100
I think a lot of the factors that make bitcoin go down may be one of them is bitcoin decreased confidence, so people are thinking about investing in cryptocurrency. So if we want to invest first make sure that our money will not be stolen by the program offered.
jr. member
Activity: 150
Merit: 2
8 out of 10 ico are scame? is it your own analysis or there is an authentic documents covering that. I don't think ICOs are the main cause of price of bitcoin fall.
member
Activity: 952
Merit: 41
Well you are right those scam ICOs are the reason why the bitcoin market is going down because most of those ICOs a scam and means of stealing money from the people, instead of investing in any token that does not have any good potential the best to do is to keep you found because you will end up losing at the end and this are the reason why many investors are scared of investing in bitcoin today.
member
Activity: 364
Merit: 13
What is happening in many of ICOs, is not good for cryptocurrencies reputation. But this is not the the reason of bitcoin price fall. I am sure whales are manipulating the market. They increased the price to 20000. That was not healthy. And this dump is also unhealthy. But the reason is not ICOs.
member
Activity: 289
Merit: 10
 I think the only way how unsuccessful ico's can contribute into bitcoin price fall as that they harm people's trust in cryptocurrencies in general, so we need to be more aware of scam.
newbie
Activity: 70
Merit: 0
I do not think that's what makes bitcoin prices go down but because there are two exchanges that successfully hacked by hackers, I think that's what makes the price of bitcoin down this time
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

these greedy person blame the ico for victimizing them but the truth is they are the one who enters investing in ico just with the idea of earning from this and not learning,what i mean is they are here to gain and dont know about the risk,they are only for quickbucks
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