What is the impact of ICOs on the market? - page 4.

acheampong64

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Quote from: Futurm on July 22, 2018, 07:31:09 AM

Then ICO will consume a lot of market capital.
Then the whole market is short of funds. If there is no law to restrict ICO, then the bear market will continue.

I don't think so. Do you know that one main reason apart from the price of Bitcoin reaching ATH that made many people join crypto was through ICOs. Many people saw crypto from bounty hunters (ICOs), YouTube videos (ICOs), meet ups (ICOs), and so much more. The ICOs introduced more capital into the market but those with bad mind who scammed people scared many others always.

dreadfullICO

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Good projects help to develop market, to make trading much more profitable. and scams have negative influence, as because of them a lot of people loose trust in the crypto.

hewbrowden

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

Of course this is a good sign for the market, because the more different projects, the more interested people in cryptocurrency.However, this also means that the market is increasing the number of scams and rubbish.

Pasadoble

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

Yes it is very important, the market needs new projects, it is the way for its development.

CryptoBry

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

I have a dilemma looking at the many projects of varied kinds being introduced into the market using the popular ICO platform...and mixed with these many projects are also scams and soon-to-fail copycats projects which are being put up just for the sake of siphoning some money into the pockets of the developers or scammers. The time is coming when investors will not anymore be interested many ICOs due to fear that they can be victimized by another scam. Unfortunately we as the community is not doing substantial about it. The suggestion by Buterin to use the DAICO platform seems to be not catching up fire or big interest obviously because it can restrict many scams from floating on the market. On the other hand, I also believe that the more the merrier though this can really mean that many will eventually just die their natural death or not finding the necessary traction on the market. While most ICOs are claiming to be revolutionary, I think that it is ICO as the platform that needs this revolution the most.

louie69

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i believe that the more ICO in the crypto market means that the more healthier environment in the crypto world. However, I am seeing that only the strong crypto's will survive in the coming decades and most likely there will be crypto's that I think may no longer continue since the competition of crypto's is very tight in the cryptomarket.

blu.storm

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i am in favour of the ico even if they consume so much market capital and maybe the half of them fails but more are ico s more is variety of choice,then more opportunity to invest in a winning one, one which will succeed

ParallelSquid

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

In some way they are good and bad. The bad thing is that these ICO's are sometimes fake and just want to take advantages of the investors especially the new ones good thing there's site like menlo.one the would help eradicate the fake projects out there. On the other hand, this ICO boom is giving us opportunity to mainstream the cryptocurrency or the blockchain technology to the people.

Ericgreen

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

The impact will be purely based on how success those ICOs will be. Because based on the outcome of the project, it will impact in the crypto space. There will be no matter how many ICOs are being announced every day. Because they will come and they will go without attracting any major amount of people here. Only projects which are making more people to turn into it will be having big impacts.

JeffBrad12

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Quote from: jojohamasa on July 21, 2018, 03:53:13 PM

Every day we see dozens of new ICOs enter the market
Do you think this is useful for the market and to what degree? Roll Eyes

It's useful, consider there was a lot of them are working on the new field and then they can give the more demand to the cryptocurrency. The ico has become the global trend right now. Ethereum, ripple, and almost 98% from the altcoins are started from ico. We know that the bankers are creating a partnership with ripple, EEA of ethereum has owned more than 150 members from the worldwide companies.,

Siblack

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i think with more and more of the emerging ico it will lead to two things, the world of cryptocurrency that will be developed and the threat that scam ico is also getting bigger. it all can happen if we are not careful in using it. but if we can follow it well then I think with the many ico that appear like this will bring many advantages.

RNGfight

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I think we should choose ICO project carefully, because the risk of ICO is really great.
However, many ICO projects are unreliable, so they do not implement open source code.

Miles123

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It is the opportunity for everyone to choose a good ico so that you can get a higher profit in the future. We can be sure that they are still some people who are not greedy on their own money or who don't steal the money of others.

kirstiemorton23

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All incoming ICOS is an opportunity for us to invest, as long as ICO does not deceive investors. I think we should be careful in choosing ICO to not be fooled and not lose money, I agree that ICO is limited and regulated, but I do not agree ICO abolished.

Starlaaa87

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How can it be useful? Just another piece of garbage. Which accumulates and accumulates. Even I have a lot of garbage tokens on my wallet. What then to speak about all ICO? They just need to collect money. On the cost of the token, almost no one then need not worry.

Flyne d Coin Digger

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People complain when new ICO token did not reach the market exchange...
People also complain if the project token reached the exchange..
People I think you have something wrong in your cognitive thinking..
When token reach the market the token is now open for public for them to trade this token either to buy for holding or use it or sell their token to have money.... It one of its nature..

Hanebel

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The funds that should be shared by the good old projects are now being shared also with the new shit ICOs. Well I'm not saying all new ICOs are shit but most of them are and each day I see a lot of people whining for being scammed.

melander81

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To be honest, I do not see that much improvement in the market with the growing number of ICOs. Majority is just money grabs that tend to give false promises. We are still in a wild west scenario that unless someone or a group steps in to regulate these ICOs, the market will always be stagnant. However, there is still a future for the current leaders as they are already well established.

Alibagong

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Indeed many ico emerging this increasingly widespread to search the market, the market itself will certainly be many and varied. Each ico has a developer to get the market for its tokens to be redeemed, and the market itself requires funds for its management, so the more ico it is, the more markets that provide exchange places with various funds.

AmericanBit

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Quote from: captin crunch on July 23, 2018, 03:11:49 AM

I think that ICO is new blood of the crypto market, and they are necessary for its further development. Market will not be able to develop without new projects. But of course I am not speaking about scams. So we should support good projects, hope listing platforms will understand the issue and will not provide paid rates to the projects, in order to avoid not proper investment. In this regard I like www.icoguide.com very much, as it is not paid and rates are trustworthy for me.

Totally agree, ICOs are very important for the market, it could not survive only with existing coins, especially when a lot of them are not stable. It is vital to support good promising ideas.

Topic: What is the impact of ICOs on the market? - page 4. (Read 341 times)