Bitcoin Forum

i've lost interest, anyone else?

I've generally lost interest too.
Mainly because there are so many, and many of the new ICOs are really obscure and are pretty much 100% scams.
When ICOs first came out, that was really interesting, seeing new ideas flourish and new systems. There was a lot of innovation and potential. Some of the first ICOs today are doing pretty well and the developers are true to their word.
Now... It's like "Oh! Look at this ether based token that does absolutely nothing! Buy now for  a 20% bonus!". After the ICO? The developers disappear. Magic.

yes, me too,
but, with so many ICO at this moment, this make cryptocurrency world become very popular and this is why the marketcap of cryptocurrency always increase ? and all crypto users will got the advantage of this

@MinerLeague. I have the same sentiment. But I reckon it is because the market for ICO tokens is not booming. But if the bulls come back and bring us 10x returns again, the sentiment will change, not only for me but for eveyone including you.

i have a theory that all these erc20 based ICO's raise a bunch of ETH for the devs, who turn around and sell it.  For this reason the market is flooded with an excess of ETH for sale, which is keeping the price down. 

Hopefully as more people realize how important it is to be more selective with ICO's, the supply of ETH will dry up and therefore cause the price of ETH to rise.

August and Sept indeed is a month of crazy ICO. I have done a lot of research on so many ICO and that took up like at least 1 hr per day. Looking at youtube video, going into their telegram and slack channel to get the latest update, allocating my eth etc. Putting in my calender when ico crowdsale date, when is next tier, when is token transferrable, when to register for whitelist.

You should checkout CommerceBlock, it's a privacy centric second layer decentralized banking and finance network over Lightning Network and Sidechains, unlike others, we create off-chain smart contracts, we believe most scaling should be done out of the base layer (btc, eth, etc..), unlike others, we focuses on proven academic research, checkout BIP175, our technology is blockchain agnostic, currently we are focusing on bitcoin and ethereum  where is most demand and liquidity, unlike others, we are customer centric, we have two existing clients already, a US based trade finance company, and a UK based real estate company.

Check out our ANN thread: https://bitcointalk.org/index.php?topic=2190748
Check out our whitepaper: https://www.commerceblock.com/commerceblock-whitepaper.pdf
Check out our website: https://www.commerceblock.com/

Good luck,
Omar

^

It's kind of annoying as fuck too, but every now and then you get a spam comment about a stupid ICO no one has any interest in. Really makes you feel caring even less about ICOs. But yeah, after putting in a lot of money in ICOs already, I think I'm done. No more ICOs please, no more mass spam tokens please, no more mass shit please.

I am beginning to lose interest too. No, it isn't that I think some the ICOs are scams but because it is very difficult getting the coins after one has made a transfer to the company's site. The btc is withheld for days unending.

Why would any sane devs stress would-be investors and have a timeframe when their allotted daily sales would be made and most times the coins are sold out within two minutes. Yes, just two mins and you begin to wonder who and who were able to buy in if not a prearranged schedule by the devs and their teams. This scenario is ongoing right now with hextracoin and glasscoin ICOs. I have been in hextracoin for more than 10 days now trying to get in. Very stressful!

Just like in real life you have to look for the diamonds in the rough. 99% of ICO's are total rubbish and will never go anywhere but i still get excited when i see a great coin with fantastic future potential. It can be tiring scrolling through pages of fake airdrops and pump n dump ICO's but i still believe it is a fantastic way to find a truly valuable coin/token if you look hard enough. Don't lose hope guys the x100 is somewhere out there. Right now i'm looking into Jetcoin which has been around for a long time but is re-inventing itself with some new strategies/ideas.

Slight, I am starting to lost interest on ICO.  If the token listed on coinmarketcap and started showing on exchange, people are starting to dump their tokens.  And a lot are having ICOs you don't know anymore which is legit and scam.

The previous months were difficult on investors since crypto market generally went downward. Now bitcoin is gaining momentum again. I think alts will follow soon including solid ICOs. Just make sure you studied well the ICOs you are planning to invest.

Exchanges, I think.
The biggest aren't listing anymore like they did before.

I understand how you feel. The truth of the matter however is that its only the start.

Still there are 80% of people who know nothing about ICO's or cryptocurrency.

It reminds me of the Internet in the late 1990's and early 2000's.

The most struggling part of the investors is when bounty dumpers throw there coins and suddenly the value fell down and getting a hard stretch before it pump again and many investors lose there money for this things. But if the project coin they held is good and they will put there trust in then they must not be worry for there coin since it will surely pump on some other time and it is been proven by different ICO altcoins onhere.

I somekinda agree with you. It is not crystal clear but it feels like current icos don't wanna invest into their tokens. They are staying with ethereum to guarentee investments or basically selling out to btc.
I also lost my interest for icos, I am lot more selective now.

It's understandable that a lot of people lose interest, when many ICOs are simple copies of former ones, or pure scams.

But from the other side, as those companies are already funded, which should make the infrastructure backbone for future blockchain projects, maybe it's time for real life projects, which actually help people's lives while using blockchain.

Our company, TE-FOOD International has 6000+ business customers, we are an established business with a lot of traction and decent revenues, as we operate the largest livestock and fresh food traceability system in Southeast Asia. We are in no way a scam, and we are no copy of former ICOs.

Beside this, we are working to improve food safety in emerging countries, and literally save lives (600,000 people die each year because of foodborn diseases, mostly in developing countries).

Our ICO is planned for November. Capital raise is not needed to develop the system from scratch, as it is ready and working, but to grow and enter new markets.

So I think there are still interesting new ways to utilize blockchain technology, and build legitimate businesses.

I missed the first few and saw returns of 10X etc. Then i watched them like a hawk and got into a few but now I mainly ignore all of them even though i am probably missing a few good ones. ICo fatigue for sure

Hi, offcourse yes  Im tired of all bullshit, too many scam, I miss the amazing project that evryboy is craving for

Have you seen ours? https://www.viberate.io/en/ (https://www.viberate.io/en/)

Yup.. sick of hearing the word.
It was nice here before you all showed up flogging them.
You all ruined crypto.

The return we can get by investing in few good ICO is still way higher than what we can make by trading alts in both short to long term.
10 fold return is quite hard with normal altcoin trading but it is possible with ICO.

The market is definitely getting flooded and you have to be watchful of presales that dilute the expected market price.

Yes I feel the same there are like 30 icos per fay it is insane ico bubble is too strong I cannot handle it sometimes, all those ppl give money to scam icos without future. Then those icos dump the eth and there we go eth is frozen on 300$ forever.

I wouldn't say lost interest but yeah the sheer volume is over whelming! Just got to keep positive and seek out the innovators.

Existing Crypto projects used to run ICOs for some funding. Now people think of ways to create ICO's to make a fortune. You can clearly see ICO's where people are trying to fit tokens in to the business model in order to try and generate millions, this is the majority of ICOs. And most people are buying ICOs to flip, so they look for hype rather than product/concept. This results in the majority of ICO's now trading below ICO price. By the new year I don't think ICO's will collect even half the money they have been doing in the last few months.

I don't have ICO fatigue, because I have a rule: one month - one projects. I find only one that i interesting, start my research, if everything fine - I'm invest in, if nor choose another one. I don't want to have all money in the world, so i give time to myself and don't waste it to try and read abt all ICO that we have. In novembre i choose - Confideal

I agree with you but knowing the right ones is the problem. Anyone can easily get scammed by Smart scammers

Back in previous years i do really have much interest on seeing new ICO been launched but this year comes to a point on having the same feeling that you do feel too which i do lost already the interest since i can see popping out everytime almost everyday as far as i observe which i can see altcoin section is already populated. To much risky to invest on because its hard to identify already which is not scam.

Out with the old, in with the new.

But seriously, the relentless barrage of ICO advertising makes my brain tired. There's enough money in trading and investing in projects or products that have been around the block. Litecoin, Monero, Ethereum...

Not to mention the majority of ICOs trade below their ICO price within a couple of days (sometimes hours) from when they hit exchanges.