This is one of the reason why Bitcoin and Ethereum price not growing as expected - page 2.

13abyknight

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Quote from: coin-investor on August 17, 2019, 08:45:40 AM

If there are no new ICO and IEO in the market I think the price of Bitcoin and Ethereum will stabilize and increase.
What's your thought am I right or wrong?

The average cryptocurrency investor can be expected to have highest amount of investment in Bitcoin/Ethereum. What comes after this is the diversification in his/her portfolio which is accounted by the plethora of altcoins which is almost always a risky step to take. Indeed new ICOs and IEOs attract investors on a big scale and surely the people investing in them do understand about the possible risks that come with it, and only then proceed.

coin-investor

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Quote from: bigcash2011 on August 17, 2019, 09:12:01 AM

This may not be the reason for dumping because if we see the other side icos also create demand for btc and eth because everyone that will participate will have to buy and deposit btc and eth so that creates demand and i do not see serious projects sell all their btc and eth holdings quickly rather they exchange them as required.

If you compare good projects to scam projects, scam projects are outnumbering good projects and they always do exit scam after getting their fund, dumping their Eth and Bitcoin for Fiat.

Quote

But isn´t it good for the whole ecosystem? It helps the adoption because startups creating diffrent blockchain solutions and help the whole industry to grow.
Like apps on Android - more apps make Android more useful.

But some of the projects and concepts are just copy of past and existing projects, just take a look at the recent ICO's that uses an exchange model as their projects, so many of these ICO's are having a hard time launching their exchange, because they do not have something new and unique to offer, so they can't generate enough support.

bigcash2011

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This may not be the reason for dumping because if we see the other side icos also create demand for btc and eth because everyone that will participate will have to buy and deposit btc and eth so that creates demand and i do not see serious projects sell all their btc and eth holdings quickly rather they exchange them as required.

silverleafy

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Quote from: coin-investor on August 17, 2019, 08:45:40 AM

One of the reasons that Bitcoin and Ethereum's prices are not growing is the so many ICO and IEO in the market,we all know that Bitcoin and Ethereum are two of the coins being used to purchase their coin, the developers of these ICO and IEO after getting funded are quick to sell their coin, pushing the price of the market to go down.

If there are no new ICO and IEO in the market I think the price of Bitcoin and Ethereum will stabilize and increase.
What's your thought am I right or wrong?

But isn´t it good for the whole ecosystem? It helps the adoption because startups creating diffrent blockchain solutions and help the whole industry to grow.
Like apps on Android - more apps make Android more useful.

coin-investor

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Activity: 2856

Merit: 578

Leading Crypto Sports Betting & Casino Platform

One of the reasons that Bitcoin and Ethereum's prices are not growing is the so many ICO and IEO in the market,we all know that Bitcoin and Ethereum are two of the coins being used to purchase their coin, the developers of these ICO and IEO after getting funded are quick to sell their coin, pushing the price of the market to go down.

If there are no new ICO and IEO in the market I think the price of Bitcoin and Ethereum will stabilize and increase.
What's your thought am I right or wrong?

Topic: This is one of the reason why Bitcoin and Ethereum price not growing as expected - page 2. (Read 224 times)