Topic: What’s happening to today’s ICOs - page 2. (Read 522 times)
ICO's are not profitable nowadays at all. because off this bearish market nobody wants to collect and hold new coins. that is why mostly it is better to buy them whenever they are listed. Ofcourse there are a few strong icos that investors could make good profit such as credits and tomo.
I think the market for ICO's is still there and will continue to grow over the next year, One ICO that has really set an example in the space is the Effect.AI ICO. It has alot of hype around it, but apart from the hype it has alot of real innovation behind it as well. I am basing my deciison on that. The mechanical turk will be a great benefit in teh space to collect AI data and incentivize users at the same time. looking forward to this project, check it out if your interested. The ICO begins on the 24th of March, just 3 days away.
It's true that ICO's are facing hard time to cash-out the funds.
But according to their WP, most of the ICO's need to cash small amounts on some periods. Like to cover development cost, marketing, etc. They don't need to cash 10K ETH at once. Also, I think it's wrong constantly to look after USD value. Crypto projects are selling crypto tokens for crypto coins.
But according to their WP, most of the ICO's need to cash small amounts on some periods. Like to cover development cost, marketing, etc. They don't need to cash 10K ETH at once. Also, I think it's wrong constantly to look after USD value. Crypto projects are selling crypto tokens for crypto coins.
I'm staying away from literally every ICO. Too many scams and most ICOs get lazy after they get their money and don't work hard enough on development. I would stick to fair distribution projects or proven cryptos.
for me because of the volatility of crypto currencies, i tried converting 20% of my profit from previous investment to fiat to be sure that if ever the prices go down i still have something in my pocket to use in my daily needs. same as using this 20% to reinvest if ever the prices goes in a dip.
there are too many scams which just aim to collect money and do nothing, and the whole market is falling these days which lead to new coin price lower than ico price after listing on exchanges, so few people participate in ico now
Immediately after the ico they should exchange their ethereum for usd as a way to reduce risk because ethereum is really not a store of value.
Yes you are right icos are facing hogh volatility issues, couple months back icos like envion raised big amount of funds but eth was trading at all time high of $1400, i hope they cashed out on daily basis otherwise they must be 70% down from ico funds due to big eth correction after their ico.
I agree with all of you, goverments need to do something about ICO's.. Nearly %80 of new ICO's goes on the bad way and everyone loosing their Money.. I think it's a big problem and it will get bigger..
Mostly ICO's now are scam.. On their first launch you cannot see that they are scammers or fraud, but when the ICO near to end thats the time they will disppear!
The more scams ICO projects are and we can not find potential projects. I was a signature campaign person and I was scammed a lot. Current status is still no improvement. I am really worried about the ICO and I hope that in the future they will offer better and fairer solutions to fraudulent investors.
In my personal opinion, scam ICO projects are becoming more and more popular in the crypto market. Those who do signature campaigns like us are experiencing a lot of disadvantages. It seems that the ICO is increasingly being exploited and is going down. The future of the ICO and we are really very blind. We can not do anything to help the bounty community. We need solutions from ICO founders.
The market is still immature and volumes are significantly low comparing to traditional financial markets. Crypto currency area has still time to develop. It doesn't happen magically from today to tomorrow. I mostly agree with the article and add that, we should be patient. It will grow in time.
Certainly will, I'm sure most of the people around crypto knows how to deal with waiting game, investment yet using also the service as paymentscurrency will be adopted after more countries accept the existence of this chain, we will keep seeing the volatility market and I guess until the time
everything was settled and adoptions cater each project inside the market, then possibility that every quality ico will succeed.
The market is still immature and volumes are significantly low comparing to traditional financial markets. Crypto currency area has still time to develop. It doesn't happen magically from today to tomorrow. I mostly agree with the article and add that, we should be patient. It will grow in time.
Just check out the solid ICOs (forget about the obvious scams, these are expected in such decentralised techs) with a great team, promising and solid tech.
For example Multiversum, which will add sharding to the traditional blockchain to increase fault tolerance among other benefits.
To me, ETH is the chain with the best investors, team and tech, even with the scaling issues. But this year you will see that other coin ICOs will come out as well challenging this position, making the ICO ecosystem even richer.
For example Multiversum, which will add sharding to the traditional blockchain to increase fault tolerance among other benefits.
To me, ETH is the chain with the best investors, team and tech, even with the scaling issues. But this year you will see that other coin ICOs will come out as well challenging this position, making the ICO ecosystem even richer.
It was abundantly clear that scammers were taking advantage of the hot market and newbie investors and pedling off their rubbish projects as the next best thing. This caused big changes in the real world (KYC, etc.) making it harder for genuine projects and generally more expensive and less rewarding.
This is the stage that we would need to work out and embrace the reality. Many of the developers has abandoned the projects and they are now using the investors money to enjoyed life with their families. I think it is good government should regulate this in other for us to really have value for our investment.
I agree with you, there are too many scam ICO and I hope that in the near future regulators are going to do something about it. I see many ICO with lots of money and they do nothing, no development and no exchange listing
This is the stage that we would need to work out and embrace the reality. Many of the developers has abandoned the projects and they are now using the investors money to enjoyed life with their families. I think it is good government should regulate this in other for us to really have value for our investment.
Yes you are right today some coin of an ICO is only worth a can day but when they reach their selling point and have big output then the price is now worth as a house, at the same week the price can become worth of a pancake, that's why traders have the best position and nice job to keep the coins value every moment to look for best time to buy and sell your coins, I think you can do this for your two kids future.
This is a very dangerous game you are thinking about. Never depend or even think about depending anyone’s future in crypto at least not yet. The governments couldnt accept the cact that everyone could be rich.. this year we’ll experience heavy regulations towards every edge of our world. So just watch put and hold the money you are happy losing
Yes you are right today some coin of an ICO is only worth a can day but when they reach their selling point and have big output then the price is now worth as a house, at the same week the price can become worth of a pancake, that's why traders have the best position and nice job to keep the coins value every moment to look for best time to buy and sell your coins, I think you can do this for your two kids future.
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