Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on October 13, 2018, 08:03:08 PM
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Why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
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I think ICO is circulating this will not be able to kill BTC,ICO is only as a bridge and also as one of the solution to economic problems and maybe also this ICO for technology financing that wants to be developed by a group that has a very useful concept project big,so this ICO can actually make bitcoin more expensive because more people will know cryptocurrency.
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In this case, this is reflected more on Ethereum than on Bitcoin, because most of the projects are made on the Ethereum platform and basically the investment is received in this coin, and not in Bitcoin!
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In my opinion not. more and more crypto currency variants are getting better for users and the development of digital currencies in the world. We can have various options for investment or trade or mining. We can choose the best cyrpto currency from all that is on the crypto market. This will make crypto currency competition even tighter, and currencies that have good management systems and trust levels will be chosen by crypto users.
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This year is not the year of ICOs. This is where ICOs totally affected either by scammers, the down market, or both. Most ICOs were not able to reach the soft cap leading to halt of the ICOs. But, I don't think that this scenario is affecting bitcoin. It is a bit independent of ICOs of not performing well.
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All other crypto are coming after bitcoin and other coins are using for a projects but all of them are virtual currencies may the ICO are good and successful but it is not trusted as bitcoin is trusted and the present situation of bitcoin is good because it is stablie form and i like that bitcoin value is stable.
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I think ico is circulating this will not be able to kill bitcoin, ico is only as a bridge and also as one of the solutions to economic problems and maybe also this ico for technology financing that wants to be developed by a group that has a very useful concept project big, so this ico can actually make bitcoin more expensive because more people will know crytptocurrency.
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I think we need to have some rules to control this madness market. Otherwise those scams ICO will continue to destroy this weak market and Bitcoin too. Because everything is still newborns so it’s really easy to collapse
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Why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
Yes I think it is true. Crypto ICO's killing bitcoin. Because many investor prefer invest in ICO than bitcoin. ICO is more profitable.
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i think the crypto ICO make an affect to the ETH more than BTC, and the price BTC go down largely cause by Shark, they can control the market and pump or reduce the price of bitcoin. So the price of bitcoin go down or up i think do not relate more in ICO
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In a real thing that kills bitcoin is just bad news circulating everywhere ... and when bitcoin goes down the altcoin will down too because they think that the decline in bitcoin will have an impact on the altcoin price. Then does ico kill bitcoin ?? I don't think so, it's precisely that making bitcoin has more fantastic prices. The one killed by ICO is ethereum and even the ico project has chosen to exchange eth for bitcoin. Then will Ethhereun rise again? I don't know and I can only hope for ethereum to rise again
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If there is a coin that ICO's are killing, that would be ethereum and not bitcoin. Most of the funds collected by both legit and scam ICOs were Eths
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If there is a coin that ICO's are killing, that would be ethereum and not bitcoin. Most of the funds collected by both legit and scam ICOs were Eths
Has a weak overhead on ICO.If an someone wants to offer ICOs, the regulation should require them to ensure the ICO meets certain criteria.
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No other can be able to kill bitcoin unless it is permitted by its own core system. Despite of the ICOs in crypto using other platforms bitcoin won't be shaken and not intimidated as it is the most powerful and potential coin in crypto world of coins and opportunities.
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Why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.
I think It is true mate. Many investor prefer to invest in ICO than bitcoin. Because ICOs are more profitable to invest.
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ICO is just Like IPO. ICO is the way of coming new coins and tokens after successfully completion of token sale. If ICOs are stopped, no new good coins and tokens will come, crypto will not develop. It is not a good way to stop ICO. The market is facing lack of confidence and trust now. When it will occur, market will become stable.
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I think ICO is circulating this will not be able to kill BTC,ICO is only as a bridge and also as one of the solution to economic problems and maybe also this ICO for technology financing that wants to be developed by a group that has a very useful concept project big,so this ICO can actually make bitcoin more expensive because more people will know cryptocurrency.
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Yes, launching of so many ICO project may harm existing other coins because most of the investor are diverting their investment into a new project due to its very cheap price compare to existing coins in the market.
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I don't think that they are killing Bitcoin,they are making Bitcoin more valuable.Also there's so many ICO became scam bit that's not Bitcoin's fault.That's people's fault.
ICO are developing Bitcoin.
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I understand your point of view but, remember, behind every initiative there is a commercial scope. So nothing of new.
Furthermore be calm because bitcoin dumped to pass on fiat dont influence its global price considering circulating amount.
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Bitcoin does not depend on the ico and bitcoin is too strong to get killed by the ico. The ico just following bitcoin and no matter where bitcoin moves, the ico still behind bitcoin. And now, the ico is trying to survive in this situation, and I don't think that the ico can increase their price in the short time because the ico needs to adjust their price with ethereum. Besides that, there is many scam ico project that will cause the ethereum to get down for more, and it's not good for ethereum itself.
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it's really true of everything you say, and in my opinion it can indeed make a decrease in the price of bitcoin in trading, and it's actually very bad, but I think there is also a positive impact on bitcoin.
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Investor like to invest in ICO, because it give more profit, after get more profit investor back to bitcoin for keep safe them asset.
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ICO's are dead by now. The bear market of 2018 has burst the ICO bubble and now most ICO's cannot gather the necessary funds unless they are really good projects with a solid team. Even these projects are finding it difficult to gather money. The reason why BTC went down as much as it did this year is because of the hard fork of BTC cash. But now that it has settled down and is stabilizing, the market is going green again. So no, ICOs are not killing Bitcoin because ICO's are practically dead at this point in time, unless your project is solid.
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indeed many people think that ico kills bitcoin, but in my opinion that is not true because all have their own roles, and that is also very profitable.