Why So Many ICOs — What Does It All Mean? - page 6.

xaviervilla

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Quote from: ledu_ico on November 10, 2017, 02:12:41 PM

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

I agree with you. The thing is, the price dropped amd continued to drop. This is just a correction of the price of things back then.

Now, the reason about this is greed. Amd to scam peope. While others really have a great concept and can really do help better the crypto currency world as a whole. But most of th are just freaking scam projects! And i have become victim to this many times before. Good thing i learned because ofy experience. I wont let people asc me ever agan.

X - Mas

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this is ICO bubble,,
people are trying to become a part from this revolutionary,
because they miss the bitcoin train,,

suncokreten

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There are many ICO's going on these days, which of course has positive and negative sides.

Some people take advantage of current situation to finally realise their long term dreams/ideas and actually create some added value, while some people see ICO's as a money grab (unfortunately more and more people do so).

Looking forward to seeing ICO's being regulated, but until then, carefully pick the ICO's you will invest in. Noone needs $45m to write a 15 line code.

KingScorpio

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Quote from: ledu_ico on November 10, 2017, 02:12:41 PM

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

urban societies with high population simply have very diverse economies, if you then observe them in the internet, which is the main communication hub,

then you simply will get a lot of ICOs

if the economy isnt capable to lend and invest diversly enough which i doubt the current financial system can,

then enterpreneurial creativity gets limited, and the society gets more communist style standardised,

i hope that helped you

regards

Guddini

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The answer is obvious, because it is profitable, the money that IСO collects, many even dream of such amounts can not, it's like the development for real projects and fraud for those who want to deceive us

TwSeventh

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ICOs mean Initial Coin Offering,
what does that mean ? they're selling their coin to get money from it and increase the financial for the project.
why so many of them in here ?
because they can collect a lot of money without doing too much money and it's very easy.
most of them created it just to get money from it,
only a few of them delivered what they're aiming for.
just look at our ICOs right now,everyday we can see another project and offering an ICOs.
from 1000 Projects,only 5 that have a good preparation and seriousness.

Hermes Mercury

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In my opinion there are two visions:

Negative view: A means of making money on top of others, scam, spam, flods, take advantage of the volatile market, suck as much as possible

Positive vision: Now is the time to realize dreams, take the paper and put into practice, things that a few years ago was not possible.

BogdanGFTP

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It's mean that crypto is in bubble, but nobody knows when it will be crashed.

dumplingsandsushi

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Basically, it means that the ICO market is in a bubble, and will burst.
In fact, I believe it is already bursting.
How many of these ICOs are actually successful?
How many people put money into an ico an lose money or not get what they were promised?
How many of these people will do an ico again?

Right now, ICOs get a lot of money off of those new to crypto with dreams of becoming a quick millionare.
Hmmmmm...where are all those millionares that earned it through an ICO?

Also, it is common knowledge now that you can anticipate the prices to crash below the ICO price after it hits exchanges.

So, basically, just cause there's a lot doesn't mean its good.
In fact, it is quite the opposite.

salterious

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The revolutionary Export system/One-click Export

It means that whoever is running these ICOs has gotten extremely greedy in 2017. If you were trying to raise 10 million last year it would been good luck with that but now 10 million is a dirty sock on the roadside. As long

as the valuations get tame and are more reasonable then ICOs should exist but being this greedy is pure trash. For this reason I currently dislike ICOs a lot.

asdalani

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CryptoTalk.Org - Get Paid for every Post!

Quote from: ledu_ico on November 10, 2017, 02:12:41 PM

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

$7,000 for a single Bitcoin is one of the reasons why many altcoins will fail, there will be people that know that the altcoins that they have aren't needed.

Chan8

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Quote from: ledu_ico on November 10, 2017, 02:12:41 PM

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Not surr what this post is about. But we are starting to see a bare market for ico now. Seems to be a cash grab for alot of these ico projects. I think people are starting to realize this, after the fomo effect.
So alot of people has lost coins or in the negative and some folks had made or will be making alot from the icos theyve invested in.
Theres a few projects out there thats very promising.
Me, i hate icos. Causes my eth to drop in price lol.

ledu_ico

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Education-Ecosystem

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Topic: Why So Many ICOs — What Does It All Mean? - page 6. (Read 1474 times)