Most ICO's dont have any code, just an IDEA. This is not good enaught.
Idea Coming Outs are great
I Cheat Others
fits better
Topic: what is the future of the crazy ICO market? - page 2. (Read 16800 times)
Idea Coming Outs are great
I Cheat Others
fits better
I too think ICO's will crash, eventually there will be no one willing to invest in them.
The keyword here is eventually, this is not going to end anytime soon, there are some projects that are worth your time, but most of them are coins that are probably going to disappear in a single year, people will realize this and will stop to throw money at ICOs.
About 500m already went into ICOs this year. At this rate, another 500 will go into it. Thats a billion!
Is this too much? Well, that depends...
Depends on what sort of funding we are talking about:
1- Seed funding (concept ready)
2- First round/Start-up funding (product demo ready)
3- Second stage (product sold, customers exist, competition faced)
4- Third stage (expansion and maturity, scaling fund)
If this is 1 billion into type 1; it is way too much!
If this is 1 billion into type 2; this is OK
If this is 1 billion into type 3; nothing to talk about
For comparison, although data is not very reliable, US VC statistics show about 500m seed funding and 2bln first round rounding per year.
Is this too much? Well, that depends...
Depends on what sort of funding we are talking about:
1- Seed funding (concept ready)
2- First round/Start-up funding (product demo ready)
3- Second stage (product sold, customers exist, competition faced)
4- Third stage (expansion and maturity, scaling fund)
If this is 1 billion into type 1; it is way too much!
If this is 1 billion into type 2; this is OK
If this is 1 billion into type 3; nothing to talk about
For comparison, although data is not very reliable, US VC statistics show about 500m seed funding and 2bln first round rounding per year.
I still don't know the effect of ICO because Its my first time to invest my time thru signature campaigns in an ICO now also the ICO has Succeeded and they collected more than 1000+ BTC. Still no idea how to use them in the future.
It depends on ico's objective ,if its for short period or long period of time in usage or in usefullness. Some ico were too interesting that we get attracted to it since it can benefit us long terms like those insurance , funds,banks and especially real estate. It will just depend on what we yhink we need the most that sometime the market adapts.
If you stated things real then your life luckiest . I came across lots of ICO recent 2 to 3 months most of them proved scam or useless so again you need lots of research before investing ICO
The ICO project will only be as good as where it's deployed. Lately, Ethereum has showed signs of the possibility of having a worse scalablity issue than Bitcoin. If Ethereum's model fails, that would be totally bad for the likes of Gnosis, Augur and the rest.
I hope some of those ICO's used Ethereum only for fund raising purposes because that's all it's good for due to the high number of newbies looking for the next big thing.
I hope some of those ICO's used Ethereum only for fund raising purposes because that's all it's good for due to the high number of newbies looking for the next big thing.
I still don't know the effect of ICO because Its my first time to invest my time thru signature campaigns in an ICO now also the ICO has Succeeded and they collected more than 1000+ BTC. Still no idea how to use them in the future.
ICO is in fact the introduction of new created coin or any other project which is going to be properly launch I think ICO have a great effect and is a great way of introduction the project in your area. Therefore we can see that a lot of ICO are introducing in bitcoin talk form. ICO in fact play important role making the project more successful.
In my opinion it depends on the project.
Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
yes some time ICO become successful because of the interest of the people, they study about the success of the project and then decided to invest their money in such project Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
Lately it's been really crazy. These ICO's have been making a killing and there hasn't been too many that actually had a product ready for market....even Augur hasn't hit market yet and it's been a few years. The best thing to do with these ICO's is catch them after the distribution of the tokens and collect the FUD dumps....the FUD dumps are inevitable.
In my opinion it depends on the project.
Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
yes some time ICO become successful because of the interest of the people, they study about the success of the project and then decided to invest their money in such project Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
In my opinion it depends on the project.
Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
Nowadays lot of ICO appeared and some of them raised lot of money that they don't currently need.
We should find and invest in those with real product and clear vision. I prefer if low-marketcap too.
Only few of those over-valued companies will survive, the others simply not.
I still don't know the effect of ICO because Its my first time to invest my time thru signature campaigns in an ICO now also the ICO has Succeeded and they collected more than 1000+ BTC. Still no idea how to use them in the future.
It depends on ico's objective ,if its for short period or long period of time in usage or in usefullness. Some ico were too interesting that we get attracted to it since it can benefit us long terms like those insurance , funds,banks and especially real estate. It will just depend on what we yhink we need the most that sometime the market adapts.
I still don't know the effect of ICO because Its my first time to invest my time thru signature campaigns in an ICO now also the ICO has Succeeded and they collected more than 1000+ BTC. Still no idea how to use them in the future.
Well, I think that it is a lot easier for the experienced cryptocurrency fans to spot the good opportunities than it is for the new adopters. It's hard to convince others that some of these projects are just straight scams....it's rare enough that a legitimate project finds its legs, but throw in all the scams and the noobs don't have a chance. However, I think we're going to see some innovative markets in the near future. Do your research, place your money well, and you may be able to tell a story like the kid in the OP's article.
This has gone crazy like dot com bubble now.
It is really hard to filter for the 'fair' ICO- premined- scam- free coins that have some real different features than bitcoin. I only encounterd ZCL here but I have not the full overview nor the time for analysing this...
The rest is just the model: Sell to idiots. Few make money.
It is really hard to filter for the 'fair' ICO- premined- scam- free coins that have some real different features than bitcoin. I only encounterd ZCL here but I have not the full overview nor the time for analysing this...
The rest is just the model: Sell to idiots. Few make money.
Some of the ICO right now will just be succeeded in long term and most of them will just create hype and it will be gone as well as the team and development. So it is best to be careful in investing in ICO because they are all mushroom that are keep popping out now and if you are just greedy and all you do is invest and invest without research and proper source of decision then you will just get rekt and lose money.
not really understanding how people cant see how scammy icos are? i guess after a few run off with the money or something else horrible happens maybe people will wake up
To say scammy for a project, the team does not need to run off with the funds. They collect the money but they don't do anything they promised, development road map, prototype etc. ICO market will crash hard soon.
For Icos now were really too fast in developing some projects,its good to have a research first and check teams previous project if it went well or have issues. We can really gained in investing but we need to be smart on choosing.
Some of the ICO right now will just be succeeded in long term and most of them will just create hype and it will be gone as well as the team and development. So it is best to be careful in investing in ICO because they are all mushroom that are keep popping out now and if you are just greedy and all you do is invest and invest without research and proper source of decision then you will just get rekt and lose money.
not really understanding how people cant see how scammy icos are? i guess after a few run off with the money or something else horrible happens maybe people will wake up
To say scammy for a project, the team does not need to run off with the funds. They collect the money but they don't do anything they promised, development road map, prototype etc. ICO market will crash hard soon.
Some of the ICO right now will just be succeeded in long term and most of them will just create hype and it will be gone as well as the team and development. So it is best to be careful in investing in ICO because they are all mushroom that are keep popping out now and if you are just greedy and all you do is invest and invest without research and proper source of decision then you will just get rekt and lose money.
not really understanding how people cant see how scammy icos are? i guess after a few run off with the money or something else horrible happens maybe people will wake up
Some of the ICO right now will just be succeeded in long term and most of them will just create hype and it will be gone as well as the team and development. So it is best to be careful in investing in ICO because they are all mushroom that are keep popping out now and if you are just greedy and all you do is invest and invest without research and proper source of decision then you will just get rekt and lose money.
I too think ICO's will crash, eventually there will be no one willing to invest in them.
instead of just making a node and telling people the possibilities and then letting it wonder free in an open decentralised manner.. the ICO concept is very much different
unlike bitcoin, which never began as a ICO, nor organised by a 'company' who made promises(contracts) to hand X premined coins you customers Y over a term...
i see ICO's becoming regulated just like 'shares' are.
ICO's will be hit by bureaucracy of the 'founders' home country. all because of how organised and centralised the concept of ICO is.
that said. most ICO's are just crap coins, so treat them like penny share trading if your gonna risk it.
best advice is. only waste amounts you are willing to lose.
EG if you normally spend $20 on a evening take-out/fast food, which naturally/literally ends up in the toilet 6 hours later.. make urself a sandwich instead and use that $20 on an ICO.. that way you never 'lose' (british pun: never loo's)
unlike bitcoin, which never began as a ICO, nor organised by a 'company' who made promises(contracts) to hand X premined coins you customers Y over a term...
i see ICO's becoming regulated just like 'shares' are.
ICO's will be hit by bureaucracy of the 'founders' home country. all because of how organised and centralised the concept of ICO is.
that said. most ICO's are just crap coins, so treat them like penny share trading if your gonna risk it.
best advice is. only waste amounts you are willing to lose.
EG if you normally spend $20 on a evening take-out/fast food, which naturally/literally ends up in the toilet 6 hours later.. make urself a sandwich instead and use that $20 on an ICO.. that way you never 'lose' (british pun: never loo's)
^^^^I agree with this....not much more to add to it. I have had considerable success throwing down a 20 or 50 spot on ICO's that I thought were promising....ethereum and augur are two of the more successful....but the 20 or 50 is worth the entertainment value alone <--- way better than playing a slot machine or purchasing "loo" sandwich....smile.
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