will the worlds society now be flooded eternaly with icos? - page 3.

The_Dark_Knight

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

That is not what is going to happen, you must understand that right now we are at the earliest stages of cryptocurrencies this means that many of the projects that are currently in existence are going to disappear, this happened as well with the dot com bubble, but once the market reaches a greater degree of maturity very few coins are going to survive and after that anyone that wants to create a project to compete against existing ones will have to invest a significant amount of time and money so there will be no more useless coins in the future.

Osamede

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

The proliferation of icos keep me wondering too,too many of them,some are just out to colllect money from the public without offering a uniques service or solving any problem or bringing innovation..i hate seeing thigs like ;cheaper transactin fees,faster transfers'..theere are about 950 icos currently on,coin market cap has about 1580 listed

Coin-1

legendary

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I think that an ICO is the best way to increase capitalization of the start up projects. Some teams cannot take out a loan in banks, therefore they use a crowdsale instruments. I guess that yes, the ICO count will be increased year by year, and the total capitalization of the entire crypto exchange market will bloat. Take a look at the crypto currency list. Some Ethereum tokens (for example, EOS, TRON, etc) reached hard cap during ICO are already in the top of CoinMarketCap! ICO campaigns is not bad at all. Let the best of them flood the world society.

pitiflin

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Simple reply would be that:
We won't be flooded. ICOs will exist,they will be strictly regulated. If that doesn't help,most likely countries would start banning them one by one.

Tankdestroyer

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

bad for the people as a whole like bitcoin?

Are you saying here that bitcoin is bad for the people? I think not since it grants them full control over their money(because of decentralization).

Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies?

Society will not get flooded by cryptos, since most are destined to be used only as an alternative means to pay. Banks won't lose their cartels either and people will still continue to use their services in the future, even if there is a decentralized way to store money.

gambitcoin53

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Yes i think so, since the trend nowadays are ICOs, it is easier for big ico to diversify projects just to get a share on the total market cap. And since these ico are not regulated by the govt. We will certainly will be seeing more initial projects, somehow thanks for some social media outfit that ban ads on ico.

And i think many ico are popping out on the internet are caused by banks and some govt trying to sabotage the hype on cryptos, in short they will create ico that are worthless and end up being a scam just to make people distrust crypto's, sort of a demolition job on bitcoin.

yesyes18

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

Well, I would say we're entering the new future, and that will be a complete digital world which wouldn't be without support from block chain and cryptocurrencies.

Notcalculator

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Cynooza on April 29, 2018, 07:29:59 AM

I believe the ICOs market will eventually reach its equillibrium. It just requiers some time to develop internal institution of reputation which will work on elimination of scammers.

I completely agree. Right now they're slowly drowning themselves in their own noise. The more that emerges the more reputation they will lose. Although it's hard to tell when that equilibrium will be reached. Especially since the concept of crypto is still pretty new to a lot of people. The slow adoption of crypto is a reflection of how slow we are progressing to equilibrium.

Bumblecoin

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

I just hope this will not happen. We must be careful in choosing ICOs to support. There are ICOs that promotes the growth of crypto currencies as for the common good. So before supporting an ICO make sure you know all about it, its goal and most of all if we can gain profit from it.

kaya11

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SOL.BIOKRIPT.COM

Lets be very careful associating with ICOs that are have no solid backgrounds. We can end the cycle of continues ICO pump to dump and other coins that have no value at all, just disengaged or never put investments on them at all.

Theb

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This would be inevitable. Even though the crypto market will mature in terms of the people being knowledgeable in crypto trading they would still take advantage of this worthless ICOs in order to make profit. Things such as hyping and blind investing would still be practice in the future in order to make profit and I don't see anything can stop it from happening.

The stock exchange is a good example on how things wouldn't change even if the market participants became knowledgeable. A lot of them are still hyping, spreading news, believing on a worthless company in order to make profit. Not to mention that newbies in trading won't disappear from the market as some of them just follow what other peoples are saying without doing their own research.

hulla

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Of course. The whole cryptocurrency community will be flooded with ICO cause ICOs are the best way for investors vto make huge profit aside of bitcoin and the crypto scammer are using that opportunity to steal from people. Besides, was the main thing that attract the regulators to crypto curreny and people need to be more careful and know more about project with the team involve.

Try MMOCoin.

AbyssLagiaz

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I'm pretty sure not. The quantity of innovation in the cryptocurrency is still a lot but I don't think that projects will flood in because of these due to innovations that could also take place in that project. I don't that all the successful projects will just stay in their comfort zone and I'm pretty sure they will cover up most of the holes that needs to be covered and all the expansion that could be made to make their projects even more worth investing at.

Cynooza

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I believe the ICOs market will eventually reach its equillibrium. It just requiers some time to develop internal institution of reputation which will work on elimination of scammers.

uozer

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PRiVCY

I don't think societal flooded ICOs can ever be withered because they integrates a lot of positivities in the Crypto worlds despite their short comings where series of Bull Shit coins are introduced, because Cryptos are continuously promoted through this medium. However the issue of Banks depletion or depreciation is at least at the moment an understatement since many or major societies uses them and are not ready yet in some ramification to give in to Bitcoin, probably in the long term future.

BitHodler

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At the end of the day, with decentralized exchange platforms becoming more of a thing, everyone can have its ICO be hosted through these platforms without any government body forming an obstacle.

I personally consider that to be an effect of what we call the free market. I don't see any problems in an oversupply of ICOs and currencies, because we can ignore them if we so wish.

It's as always the noobies who are after these niche products and not so much everyone else. The last few years have been an example of what has to come, and as everyone can see, it's all quantity over quality.

Noobs love it, and as long as that is the case, there is demand for rubbish coins and tokens.

candolbitcoin214

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Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

Actually it is happening now that the cryto industry is beeing flooded now with so many altcoins. Mostly of these are just hoax or a gate ways to scam or hack unsuspecting new investors. It is always safier to indulge in the popular and proven tested through time cryptocurrencies such as Bitcoin, etherem and litecoin are the proven and tested crypto investments. Those are no5 legit will soon fade aways.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: KingScorpio on April 28, 2018, 09:38:38 PM

will we now since banks are losing their cartells, end up with a society that is constantly beeing flooded by cryptocurrencies, and more "propaganda coins" that arent worth anything but are even bad for the people as a whole like bitcoin?

regards

People now are getting more educated in this line of field,and time passed by they are becoming more matured and wont be victimized by this scamrs "ICOs" that has no plans but to take investors money and run with this,so if this continues icos will be lessen and sooner will gone,if all of us learn how to know the legits and scams,then choosing the investment materials were to put is easy and will only bring success not depressing

horrifiedx1

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i think ico fame will spread widely after today many banks are planning to use blockchain, so after this cryptocurrency will be familiar among the public.
especially if the government supports this, then i think its progress will be faster

loicuagio1979

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I don't think so. For any new industries, the booming always occurs to a certain of time. When it is matured enough, the market shall filters itself and chooses the best ones to remain. It's called natural filtering regulation. As we can see at the present, there are some new ICOs given birth to the market day by day and we sometimes have a feeling of being flooded with. However, i think that the Mr market will eliminate most of scam and unsuitable ico. Well, there will be, of course, a lot of investors loose their money for fraud ico but it's completely normal for the healthy crypto market in the future

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