There are too many ICOs - page 3. | Bitcointalksearch.org

skorupi17

sr. member

Activity: 490

Merit: 256

Quote from: davidcox on April 11, 2018, 05:42:24 PM

There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.

ICOs will not stop, well not yet. We might see ICOs for the following years but it will be lessen because government will definitely regulate ICOs due to the increasing number of scam ICOs. I've read an article before that states the massive ICOs will be the cause of collapse in Ethereum's network. It might be true but I haven't think about how will it cause collapse.

Tearz

sr. member

Activity: 627

Merit: 250

The Pope Of Dope

Is it so terrible for you personally dude? As for me it doesn't really matter. It will stop in next several years imho and we will be regret about this times with many ICO's and many oppurtunty to raise easy money. So you should catch the moment now.

EricJones

newbie

Activity: 156

Merit: 0

True. The worst part of it all is that there are now so many scams that there is no easy way to tell which of these icos are scams and which ones are legit. We need some kind of regulation on the amount of icos to be put in the market and there should be some rules that they need to pass through before they can release coins, this is what will help reduce the volume of icos.

BlasterS

full member

Activity: 420

Merit: 100

Yes, they are too many ICOs, and it is not a shocking news nowadays
because it is a normal scenario in this business and industry because they are compete to each other but not all of them are real.

harbin55

sr. member

Activity: 615

Merit: 258

Yup, there are a too many ICOs in cryptocurency
because there’s a lot of a coin or investments that spread out in this business and industry but not all of them is reliable to be trust because some of them are scam.

OmarGsPools

sr. member

Activity: 392

Merit: 250

Yes, i agree with that, there are too many ICOs and its are still coming. Unfortunately new money entry is limited in the market, so many ICOs initially fail at the token sales phase. However, according to the free market everyone is free to offer their ideas to the market and ultimately the decision of the investors is important in terms of the permanence of the project.

strauberyg

newbie

Activity: 111

Merit: 0

i think no body can stop it, token market just started growing. There are too many ICO and some of them failed and finally many investor loss their money, in my opinion now need regulation to protect investor from fraud, with regulation also possible to increase the demand of the token, because will be more people believe they put their money in to right place. Regulation also make good fundamental for others crypto so the total marketcap can be increase to more than 1$ Billion.

Wyne

full member

Activity: 531

Merit: 102

Quote from: davidcox on April 11, 2018, 05:42:24 PM

There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.

Yes, you are right, that is the reason why many ICO fail while other became scam project. Each ICO has its own unique project proposal that offers their possible role in the advancement of technology but identifying which is good and which has not become a great challenge to many investors. It also brings doubt and confusion to investors whether ICO is a good choice to invest with.

This concern must be properly addressed so sprouting of new ICO every day will be reduced and those ICO with great potential to succeed will be allowed to launch. It will be only possible to happen if there will be rule and quality control to be passed prior to launching and introducing in the market.

saffira

full member

Activity: 700

Merit: 100

This leads to confusion on which to invest. After a month or two, they will announce pause, or soft cap failed. It is hard to choose the legit one. Extra care is necessary and be aware of scams.

bohtrung3

newbie

Activity: 122

Merit: 0

for now there are so many ICOs, but honestly I think we will only see this number increase in the next few years as more companies are trying to incorporate Blockchain into their business for now, because blockhain will be superior to if it is managed with good and we need activists in this regard.

19Nov16

sr. member

Activity: 1722

Merit: 252

There are currently hundreds of ICOs that compete to achieve softcap or hardcap, with a very tight competition of course this makes many projects fail to achieve softcap, for the investor side of course to be an advantage because of the many options.

goatpo

newbie

Activity: 29

Merit: 0

Indeed, many of them are scams and a lot of them will disappear in few years.

adekogbe

member

Activity: 854

Merit: 21

The bulk amount of ICOs getting launched daily and raising funds for mostly crappy projects is too much. This is one of the reasons why regulators are pushing for some form of regular which is going to make the crypto space safer for the investigation.
Something should be done about it.

PolyAlpha

newbie

Activity: 28

Merit: 0

Quote from: davidcox on April 11, 2018, 05:42:24 PM

There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.

Indeed that's true. But it's not like they can be stopped easily. We can just sort through them and see which we want to invest in. Wink

sam53

sr. member

Activity: 434

Merit: 250

There is a need for a management mechanism for ICO projects as there are currently many potential non-ICO projects and even some fraudulent ICO projects to capitalize on investors later fled. I hope in 2019 the rate of ICO released daily will decrease and instead of the potential crypto will be delisted from the exchange floors.

mazdafunsun

full member

Activity: 490

Merit: 123

Quote from: davidcox on April 11, 2018, 05:42:24 PM

There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to stop.

why?
Market does not care how many ICOs are there.
Investors will decide to invest or not to invest, there are hundreads of icos which doed not reasch soft cap.

AoniOn

jr. member

Activity: 121

Merit: 3

Quote from: Nimbusrf on June 29, 2018, 06:39:19 PM

I think that the more ICO enters the market the better. so we can earn more money.

money does not become more if investors do not come. therefore, for each wave of ICO, a wave of investors should be accounted for, otherwise we are only lowering the price tag.

Rumhocker

member

Activity: 170

Merit: 10

I think that there are a lot of them at the moment, but there are only a few of them to choose and that is making me crazy

Nimbusrf

newbie

Activity: 210

Merit: 0

I think that the more ICO enters the market the better. so we can earn more money.

tanaka collin

newbie

Activity: 131

Merit: 0

that's right, now the market price is falling and so many ico that emerging. it should be balanced with the knowledge of the investors to choose legit ico , because if they wrong in select in then they can get scam ico and it would be very detrimental. then before joining in the cryptocurrency world we really need to understand the cryptocurrency well.

Topic: There are too many ICOs - page 3. (Read 1348 times)