will too many ico kill the ico market

k@suy

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Quote from: kamina87 on September 19, 2017, 12:43:54 AM

I think this is nothing to worry about because good projects are not afraid of being affected by fraud, and good projects have a large enough community to develop the project.

I don't think also but with too many ICO, people has many projects to choose from. With stiff competition, the best innovation and has the cutting edge solution to problems will always stand out.

kamina87

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I think this is nothing to worry about because good projects are not afraid of being affected by fraud, and good projects have a large enough community to develop the project.

Ehrhc

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Quote from: SamboNZ on September 19, 2017, 12:25:55 AM

Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

I dont care, its competition the more the merrier everybody is free to make their tokens cos its decentralized no one is stopping to create an ICO coin

Do you think there are enough companies on stock exchanges? NO.
Do you think there are enough startups on VC rounds? No.

So chill ..Relax..Enjoy the decentralization, eventually smart good one will fruit! and rest will vanish.

SamboNZ

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Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

I dont care, its competition the more the merrier everybody is free to make their tokens cos its decentralized no one is stopping to create an ICO coin

xuan87

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Yes it can, it can weaken the coin because the investors is splitting the money to choose different coin to invest, and in the end we got a lot of weak coin waiting to be forgotten, but this is decentralized world, nothing can be done to handle this problems and this is not really good for alt coins reputation

JeffBrad12

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Even if there's thousand ico appear and we still have the same market cap, it'll be fine, these ICO will compete to each other to attract investors while the cap will not gone, it'll spread over but as a result some of ICO may don't have investors or average invested money into an ICO will signficantly dropped. it'll not kill the market but just more decentralize the capital.

Flor1982

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Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

It will help ICO to come alive even more because it will become more popular and we will have lots of ICO to choose from but still you need to research for better one so that you could earn big for sure and avoid scammer that will make you at negative trust mark because not all ICO is healty.

virasisog

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Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

ICO is the new trend now and so that other company instead pf funding their own they use and relate cryptocurrency even they have a lack of knowledge in handling it that some of the ICO have a bad results.
There are still good ICO that have a real motive of reaching the future by means of a project and using a crpyto currency and you can read it by their whitepapers.

Hallmader

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Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

Actually, it won't kill the market. If ICO is becoming a every effective tool in crowdsourcing then you must expect projects to use it as well. You know what kills ICOs? Scams! It does not matter if there are so many ICOs for as long as they are all legitimate and credible projects. That is good because people will be able to have many options for their investment. Scams should not be allowed to use ICO. They paint the ICO dirty!

trecore4

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It won't really kill the market but it might just burn the fire within people that ICO is dumb and risky business to invest into. Few months to a year ago people use to see ICO as bright investment where all the genuine market were in place and people were investing big money into it but they surely gotten back the price tag they always wished for.

Now is the time when there are scam people who are creating fake ICO and making dollars out of it and run away. That way it is building negative trust amongst the people and now people are feared to invest in it. This affect the upcoming good ICO and in this regard the advertising and marketing cost is increased way to high to price that ICO is ideal one.

shinratensei_

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Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

That will kill each other, but there are some projects will be existed due to the good roadmap and the achivement by the developers of token itself, i remember a lot of the token that already in the top 50 - 100 coinmarketcap gets throw away to the over top 100 coinmarketcap that just like a bullet to shoot others.

EtherBattleDev

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There is a fine line between healthy competition and generalization of the market. While currently I believe the ICO scene is at a good spot, during the next few months more and more people will pick up on the ICO craze and start launching scamcoins and shitcoins, eventually outweighing the actually good coins and thus getting a bad reputation out for the ICO scene in general. Bad media attention will bring the ICO craze to a halt although I believe we are about half a year off before that happens.

JanpriX

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Buy The F*cking Dip

Quote from: shivansps on September 18, 2017, 06:53:01 PM

I see everyday a new ICO pops up out of nowhere and every one of them want to collest millions of dollars.Will not that kill the market and good and genuine icos will also have to suffer?

That, in my opinion, will not kill the ICO market.

What you said is true. ICOs nowadays are popping out like mushrooms everywhere and their main purpose is obvious, that is to raise money to "support" their "projects". But that alone will not kill the ICO market because even though we have shitty ICOs every now and then, we can't ignore the fact that there are also genuine ICOs that became successful because of the technology that their project has. Developers must should be encouraged more to provide their pristine ideas in different coins so that the cryptomarket that we currently have will grow more. As long as the true projects strive more, the ICO market will stay indefinitely.

Pearls Before Swine

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Don't know if it'll kill the market a a whole, but it gives any one ICO a microscopic
chance of making it. Knuckleheads are so busy chasing the next hottest ICO that
they barely have a chance to catch their breath in between bouts of losing their
jockey straps. Too many coins is going to mean a flooded market where only a
few actually make it, which is exactly what happens when too many businesses
crowd a market. Bitcoin is one, ETH is one...the rest, who knows.

bongiu

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I agree with most of the comments here. Not all of ICOs become succesful, it depends on the team, the project and the ICO itself. ICOs with poorly written whitepapers, for example, do not get to be traded on big exchanges like Bittrex or Poloniex where the biggest traffic is.

Affchain

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ICOs will not kill the market. Plain and simple. The successful ICOs are becoming a huge part of the market. How many stocks and tradeable companies are there? How many start-ups have come and gone over the last 30 years? If you can answer these questions then you will know that ICOs are just an addition to the markets. Don't let the naysayers convince you. They only say nay because they don't want to share with anybody. Not to mention any names *coughJamiecoughDimoncough*.

bitcoinbox

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So far so good

In a business context, competition is normaly a good thing. People say too many ICO but what means too many? 10 ico/week or 1000/week?
The good ones will stay, all the others will die. In the end it is pretty much self regulated.

DigeNarrator

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Its like the real world startup market... 90% of the startups die.
nothing is strange about it and it wont kill the ICO's .. =]

QFT

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Good thing there are good and bad ICO's, I think ICO's kind of have a bad name already.
But there's still good projects out there, you just have to decide wisely and do your own research.

Vladv26

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I dont think too many ico can kill the market. Because not all the ico's that appears are successful. More than 90% of them fail. Only a very few of them remain on the market after a couple of months. It is a hard to create a great ico now because you have to come with a new idea that can help people to live a better life. I see most of the ico's are copied.

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