Do you think ICOs are killing Bitcoin?

[Domithra]

ICOs contribute to achieving the bigger goal of the entire crypto industry through the utilization of the Blockchain. All cryptocurrencies complement each other as they send a message across to the world of the imminent digital currency order.

[pelana vreo]

I think ico also increases the price of bitcoin, every project that sells their tokens or coins uses bitcoin and ethereum for the payment system, the more ico projects will increase the price of bitcoin.

[Jaguar]

I won't agree on that because as far as I know bitcoin is the leading token in the market that every ICO must submit to its dominion. Every altcoins are subject to bitcoin volatile system.

[rightway]

Yes i agree, The coming of many ICOs project might be one of the reason why the narket price of bitcoin is slowly decreasing because some of the investors are pulling out their investment and diverted into new cheap coins which they think with big potential to rise in the near future.

[BlockBuster9]

It is absolutely impossible for an ICO project to be able to defeat Bitcoin, we see a comparison, Ethereum is the most successful ICO coin, but Ethereum now only ranks 2nd after Bitcoin. So I think there is no ICO project that will kill Bitcoin.

[Rivaldi Kunkun]

I think the ICO will not do it. the different line still looks like the King of the ICO is the ETH, and still a bitcoin holder control of other coins. of course this already describes the strength and position of the bitcoin in cryptocurrency.

[lopart]

. As long as dozens of icos are being launched everyday with millions being raise from each and dumped afterwards crypto market will keep going down.Think about ico's in a way that you are paying tons of cash upfront to someone claiming to sell you a super car without a single guarantee then after you pay the money they won't have a single reason to bother continuing the job.

[felixesteban]

On the contrary, I think bitcoin has the power to kill all other projects. Some people say they're worried about a large number of ICOs, but I think it's unnecessary. Projects that are good manage to survive in some way.

[ZionRTZ]

Scam ICOs maybe are the ones "killing" not bitcoin but the whole cryptocurrency market. Legit ICOs on the other hand helps increase the popularity of crypto.

[spark]

The ICO is not killing bitcoin because the ICO cannot compare with bitcoin. But the ICO can make bitcoin name especially cryptocurrency name become bad because there is a lot of people getting scam from the ICO, so it will make them doesn't want to invest in any ICO. But I still believe that there will be many people still have a big hope to get profit from the ICO especially in the future.

[kevinjulio]

ICO is not enough potential to do so, although the coins result from ICO also so interested, but not denied it still has an influence of the bitcoin himself.

[jasaw]

There is a legitimate fear of your grandparents being swindled by a slick salesman out of their retirement, but the current regulations are blunt, arbitrary, and ineffective.

[sieemma]

Yes because people are selling their bitcoins to part take in these ICOs making the price of bitcoin to fall. By the way, it isn't bad to participate in ICOs though but the effect on bitcoin is too bad.

[Mut-coin]

I think the ICO will not do it. the different line still looks like the King of the ICO is the ETH, and still a bitcoin holder control of other coins. of course this already describes the strength and position of the bitcoin in cryptocurrency.

[densuj]

In my personal opinions ICOs are not killing the bitcoin, ICOs projects helps bitcoin to be used as money to participate in the ICOs projects because mostly ICOs projects accepts bitcoin and another cryptocurrencies as payment method on their ICOs projects, so i don't find reason that ICOs projects can kill bitcoin because between ICOs and bitcoin is something different in purpose and the visions. ICOs is new way innovations in instrument of investment related with cryptocurrencies.