Bitcoin Forum

With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now
My question is...wont this affect ICO's?
A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.

I believe many people that run ICOs calculate the exchange rate at the time of purchase, so if you have a $1,000 cap on your ICO and somebody sends in $100 worth of Bitcoin, then the price of Bitcoin doubles, the amount counted towards the cap stays the same even though the Bitcoin was worth more. Some of these places might be selling their coins as soon as they receive them, who knows.

In my opinion the answer is yes. I think these days most of people prefer to have more bitcoin instead of any other coin. It is obvious from charts. Whenever Bitcoin is more stable, ICOs can get more fund and now the situation is quite the opposite.

More and more ICO's also accept payments in different coins now...where in tha past they would only accept ETH. Bitcoin is added among most of the ICO's as a method of payment now.

It will have a major effect on its prices of course. The last time Bitcoin had a price rally all of the Altcoins and I mean all of it had go down to, during that week only Bitcoin was up and all Altcoins are down. Because all altcoins are sharing the same market with Bitcoin and they all have the same traders, it just happen to be that Bitcoin is the most profitable at that time that is why traders are selling their positions on all of their altcoins to buy Bitcoin.

A good point though, I think it is very important for the ICO's to take this fact granted but in my own idea most of the ICO's have a minimum target for their crowd sale and once they reach it they are okay with it and the next investments that will enter their funds will raise the price of the token that they are representing.

Most of the ICO has a fix price in their token with each cryptocurrency that will be use in investing into it so I think the price of dollars is not necessary in most cases.

I think bitcoin's price increase has no effect on ICOs. Because, in fact, ICOs give the initial value for each currency. and that value is calculated at the bitcoin rate (XXX altcoin = 1 BTC). That value has been defaulted and will not change until it is officially traded on the exchange.

Bitcoin and ICO are different regions. None of the ICO coins has been created with the ethereum based smart contract altcoins. Initial coin offering will give initial cost of the coin with the additional percentage with the amount paid in btc or ETH for the token sale.
In exchange you may get the more value with the traders to initiate the trade whenever you selling bitcoins. Buying won't give good price in exchange.

It does really affects ICO but they dont really bother at all because if the cap would be reach on the sudden price increase on bitcoin then they would really still consider it and for sure those ICO owners would really be wary on the risk and possible of sudden price decrease on bitcoin specially on this upcoming event but not all ico do recieve bitcoin but there are still some alts but seeing on the ratio most are on BTC form.Ive seen on the some ICO theres really a bump on the cap since bitcoin did rise.

Most of the ICO will just sell whatever they will get before or just after their crowdfunding campaign will end to remain in safe side. So price volatility will not cause any loss to them and they calculate their hard cap in fiat rather than in crypto (BTC/ETH).

I guess only a little bit if it affects ICO for bitcoin because some ICO have other coin payments instead of just bitcoins so it seems that it does not really matter

I think it affects, for example in the signature campaign where I participated they collected funds using ETH and paid campaign participants with BTC and when btc increased in value they had difficulties paying in btc and so they switched to fiat payments , so I think it has some effect. Now many ICOs are meaningless and will be another altcoin that will make people lose money.

see some alticoin how they have fallen in the last 4 weeks how many people must have lost money.

SC (siacoin) has been the great disappointment of the year of 700 satoshi for less than 100 satoshi.

I think investing in ICO will be much more profitable than investing in BitCoin, but many ICOs scam and fail, be careful.

My answer is yes it will have some major effect on its prices too. And this, you can clearly see everything in the bitcoin Naked chart as they have some kind of inversely proportional relationship with ICO's. Yes you are right that bitcoin is more stable than any other coin and that's the reason that more & more ico's are having BTC as their mode of payment for now, previously they used to have Ethereum and Litecoin too. And i dont think that this move will make them to closes their ICO. Let us start making note for future and see where can we see any ICO to close their coin.

You can look at coinmarketcap and this will give you the right answer to your question, all the altcoins are in red numbers right now, and most of them who recently came from an ico are in more than 10% of losses in the last 24 hours.
A lot of altcoins are going down because people are moving their funds to bitcoin to prepare for the fork, and of course, to take profit from this recently increase.
so it does not surprise me, altcoins are not going to be forever, bitcoin maybe.

This is because they have seen with what has happened in August's hard fork, this free coin is what they are looking for, and this is also the reason why they prefer to collect bitcoin. but I think, after a hard fork passed, altcoin prices will experience instability, therefore prepare funds to buy altcoin

Yes it seems that many investors are choosing bitcoin ,, now many ico whose sales don't reach hardcap ,, I hope this does not affect ico continuously ,,And investors again glance at ICO ,,

No it does not. If a project's ICO is accepting Bitcoins, then they are very lucky on the contrary since the value in US dollar of their gathered bitcoin is very big. Imagine, a single Bitcoin is increasing in US dollar value in the hundreds. That is a huge additional contribution to their project funding. They must be very thankful of the price increase of Bitcoin right now.

I think yes and no. When people dump bitcoins, they can buy other altcoins and vice versa. Some ICO's now only accept ETH or only BTC.
Unikoingold for example only accepts ETH, so they are taking their stand and it's good for ETH itself.

It is always negative correlation, it is the only direct ICO responsible for rise in Bitcoin market price .   Reason all the Altcoins are in direct competition of Bitcoin.   Best related example is Bitcoin and ethrem 

ICO can be used for a wide range of activities, ranging from corporate finance to charitable fundraising to outright fraud.

ICOs is one of the worst things that could've happened to Bitcoin, but in a way it's kind of good because you'll have people realize after that Bitcoin is the real safe haven.

This will push their ICOs to the roof. Those projects conducting their ICOs this October are very lucky because bitcoin is performing really great. The high soaring of bitcoin does not end yet. We still have several days left before the friendly fork is happening. I am seeing a $10,000 bitcoin price within 2017.

This is a really hard period for ICOs and altcoins in general. Holders are dumping everything in their hands just to get enough BTC before the fork and don't expect altcoins to stabilise for a till November as investors are more interested in making profit off the chain split.

I didnt heard any case of that kind of things that happen, but in that case there are too many ICO will get banned but we dont want this so too many bitcoin users or ICO member do what they can.  ICO is the thing that can help us and too many people do join in ICO because we believe that it can help us more than what we think.

This fork thing will be temporary negative for ICO's and also Altcoins. We should see a blood bath 25 october because people will sell their positions for BTC and have a piece of Btc Gold. Whoever is planning to launch an ICO by this day won't be selling too much with bitcoin, but those who accepts Eth, Dash, Decred will be fine maybe. I have seen some dev from ICO delaying the launch and the end of their Pre Sale because of this FORK.

well this will affect on ico great since they are rely on the target price in dollar they might reach the target amount early than expected but on thr other hand,  this might rise problems too due the fact that price is veru high and also, they are saving bitcoins for the hardfork they have struggle to find new token holders.

As you said about great ico there are many ico which is already reached to it's goal now a days people are making good ICO means there main aim and goal is pretty good which can bring a best thing to the world. So like that these cryptocurrencies reach to it's maximum goal.

You raised a valid point, honestly. But I think that apart from the devs expectedly taking that fluctuations into consideration in their estimation, the total units of coins sold should be the major concern. We have always known these ICOs to reveal to the public the total units offered and days sold off should be concluded. I believe the devs focus is on the units of sales more than the total cash raised because they already have that figured out.

of course this will impact widely, when the price of Bitcoin fell and some of Altcoins also follow  because they have a similar market share and may contributing to each other. it happens because the most profitable in this industry is still Bitcoin.

This is a problem because some ICOs fail for two reasons: less popular than similar ICO projects, and their sales fail because of the bitcoin fluctuation rate. The best solution is to add as many payments used so that their benchmark price is USD. Many ICOs suffer bad luck due to significant increases in bitcoin prices but they can be well covered from stagnant payments of ethereum and litecoins.