Will ICOs get more investment now that Bitcoin is surging?

juicejoyce

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Quote from: Hesaplar on November 29, 2017, 07:12:19 PM

No, people who sell Bitcoin for profit switch to fiat money, not altcoins and ICO's. The market is so volatile right now and that kind of moments are the worst for ICO's. Nobody want to lock their money to an ICO.

Not really, as you can see, a lot of btc holders are selling their btc and the price is falling from more than $11000 to $9000. I think it is not a good time to make ICO project.

Hesaplar

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No, people who sell Bitcoin for profit switch to fiat money, not altcoins and ICO's. The market is so volatile right now and that kind of moments are the worst for ICO's. Nobody want to lock their money to an ICO.

chukaday

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Bitcoin surging shouldn't be the determining factor of whether ICOs get investment. The quality of the ICOs should be the reason and thing you look for when trying to decide to get in or not. At least this is what I do and I find it funny actually how many people overlook this factor. Yeah you might have some more money but because you have more money doesn't mean you should be careless with it, I just don't get the reasoning for this Huh

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bbcolex

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There is no such thing as perfect timing in crypto world, everything is volatile. Today it's surging it can drop with in 2 hours or less. Just invest in a project that it's promising and you think would generate you high returns, cause the reality is we don't really know the exact time when bitcoin stabilizes the uncertainty is real, and too many flocking to bitcoin these days so the demand is high.

FiiNALiZE

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Quote from: Steven-o on November 29, 2017, 05:36:24 PM

I'm preparing my social based altcoin ICO. I'm doing my due diligence with my team to make sure that our plan to approach the market is solid. Do you think it's a good time to ICO with Bitcoin flying so high?

That's a good question, there's still a lot of people throwing Ethereum in ICO's so the volume in Bitcoin shouldn't change either.

_Dawid_

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It doesn't work like that. When bitcoin is surging alts and ICOs lost beacause people transfers their money and buy bitcoin. When bitcoin is dumping then people take profit and invest in ico/alts. And it is usually the same case, but lately when bitcoin is only growing does not work well.

tamango

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Everyone is focused on bitcoin pump now... I think if you can it's better to postpone ICO in 2018.... now it's not a good period for ICOs.....

crypto_world

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it seems to me that now it is very dangerous to invest in ICO. Attention of all people is now occupied by bitcoin. It seems to me, the best time for ICO, when bitcoin is stable

Fundalini

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People wouldn't want to invest right now on altcoins let alone ICOs as most of them want to hitch a ride at bitcoin bull run. This in turn even out things imo as ICOs have literally made a huge craze this year and besides, this will be a good time for accumulating cheap altcoins right now in prep for a new cycle.

sophiasophia22

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With all the doom and gloom from a few weeks back about Bitcoin, with the Chinese government banning ICOs and shutting down bitcoin exchanges and even Jaimie Dimon was in on the act verbally trashing the cryptocurrency, one would have thought Bitcoin and cryptocurrencies were dead. So, BTC is quite stable

Steven-o

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Quote from: illyiller on November 29, 2017, 05:45:19 PM

Quote from: Steven-o on November 29, 2017, 05:36:24 PM

I'm preparing my social based altcoin ICO. I'm doing my due diligence with my team to make sure that our plan to approach the market is solid. Do you think it's a good time to ICO with Bitcoin flying so high?

I think a better time to raise money would be after Bitcoin's blow off top has occurred and we are entering a long term correction / consolidation phase. The ideal market for altcoins is a long sideways or weak uptrend in BTC. Consider the run-up during the first half of 2017.

After the ETF rejection in March, BTC dumped 30-35%. At the same time, ETH more than doubled in price. It was after this that the ICO bubble really took off.

I'm looking for a similar set of conditions: mid term correction in BTC, new bull market for alts. That's the best time to run an ICO. At this point, the ICO market is definitely still in "cool down" mode. I guess the upside of that is that there are currently not that many offerings = less competition from other ICOs.

I like the idea that ICOs are in cool down phase. I think the benefit to having an ICO at this time is that you can stand out if your idea is solid and you have a long term goal. I don't believe an ICO needs 300 million to develop most technology. I would in the tech field and that's just nuts. I wonder how hard it would be to capture $300,000 in a BTC bull market for a great idea, previous tech portfolio and solid team.

feelideb

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Investment in ICO is very much on going. Many people are investing in ICO including your humble self! People are not talking about how much raised but the potential and working product of ICO!

woas4

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I dont think so. The last ICOs have proven to many people that it isnt so simple as just buying and flipping it the second the market opens. Money is becoming smarter in the cryptospace, so there is more research and strategy required to do well.

mineworker

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Quote from: cryptohunter on November 29, 2017, 05:44:11 PM

no unless people like losing out on bitcoin for dreams and talk whitepapers stuffed full of bullshit by marketeers with no skillset to implement them

ICOs are the new shit coin of 2014/2015 followed by forking bitcoin just because.

Whats going to be next...

boltz

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For sure good ICO's will get attention at this price of bitcoin. There are so many ICO's trying to prove they have a good and solid project. However , I do like 2 ICO's , TokenPay and Gizer , both with big potential , because privacy is always a thing and esports is getting bigger and bigger every day.

illyiller

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Quote from: Steven-o on November 29, 2017, 05:36:24 PM

I'm preparing my social based altcoin ICO. I'm doing my due diligence with my team to make sure that our plan to approach the market is solid. Do you think it's a good time to ICO with Bitcoin flying so high?

I think a better time to raise money would be after Bitcoin's blow off top has occurred and we are entering a long term correction / consolidation phase. The ideal market for altcoins is a long sideways or weak uptrend in BTC. Consider the run-up during the first half of 2017.

After the ETF rejection in March, BTC dumped 30-35%. At the same time, ETH more than doubled in price. It was after this that the ICO bubble really took off.

I'm looking for a similar set of conditions: mid term correction in BTC, new bull market for alts. That's the best time to run an ICO. At this point, the ICO market is definitely still in "cool down" mode. I guess the upside of that is that there are currently not that many offerings = less competition from other ICOs.

cryptohunter

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no unless people like losing out on bitcoin for dreams and talk whitepapers stuffed full of bullshit by marketeers with no skillset to implement them

tristan1960

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Quote from: Fatunad on November 29, 2017, 05:42:09 PM

Quote from: tsaroz on November 29, 2017, 05:39:40 PM

It's not a good time for an ICO. As, the price is highly unstable and rising, people would want to hold and buy rather than invest in something.
I've seen many ICO's already postponing their issue date.

Agree into this one which is actually true because people now are focusing mainly on bitcoin specially on this surging prices which they wont really tend to see another altcoins in the market but i would say when the hype is already over better to secure out positions on launching ICO because in times of profit taking people will really switch back to altcoin investment. Not a sure thing but its a possible one and i have seen these scenarios for how many times.

They will never get more investment than bitcoin. ICO has a small group of comunity interested in new project. But bitcoin is more general compared with them.

Fatunad

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Quote from: tsaroz on November 29, 2017, 05:39:40 PM

It's not a good time for an ICO. As, the price is highly unstable and rising, people would want to hold and buy rather than invest in something.
I've seen many ICO's already postponing their issue date.

Agree into this one which is actually true because people now are focusing mainly on bitcoin specially on this surging prices which they wont really tend to see another altcoins in the market but i would say when the hype is already over better to secure out positions on launching ICO because in times of profit taking people will really switch back to altcoin investment. Not a sure thing but its a possible one and i have seen these scenarios for how many times.

tsaroz

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It's not a good time for an ICO. As, the price is highly unstable and rising, people would want to hold and buy rather than invest in something.
I've seen many ICO's already postponing their issue date.

Topic: Will ICOs get more investment now that Bitcoin is surging? (Read 276 times)