Bitcoin Forum

I do not think it is good if too many coins keep coming in a short span of time. Many times people cannot uphold a coin for a long time and it ends up into oblivion. There are some scammers too who pop up at times.

These can be avoided if the introduction of a coin is regularized. However, this is not easy and it comes as a collective responsibility of our crypto community.

When there are way too many coins fighting to occupy space and success it may not be conducive to the digital market. The demand for only one existing coin may be so much that the others will have to be withdrawn from the race because there is equal distrust with all new coins.

When a structure comes into existence and when there is a serious regulation in place then I feel doors will be automatically opened for new coins. There should be a balance and investment should be made after thorough analysis of the ICOs.

of course it is not good but there is nothing can be done about it.
this is a free market which happens to be not-regulated and anybody with little knowledge or some small research can release their own shit and they do do that to make money out of thin air.
and it has turned the cryptocurrency scene into a joke. most people don't ever consider altcoins as a real thing. they simply ignore all of them because you keep seeing all these random useless projects and then see one or two even get big and enter the top 10 coins and fill the news!

I have no problem with the new currencies that are trying to emerge but the problem with zombies who copy and paste codes several times with a few changes to achieve profits, they are trying to profit from deception.
it is tooo many icos all just copy and paste and want to be rich fast.

also big players will join and use them money to pumping Icos for 2-4 months and collects money.

fuck them that is sucks

There is nothing we can do to stop or lessen those projects to come out every now and then because there is no law for this and governments cannot find a way to regulate it. this is why some countries are banning ICO and running an ICO is not that hard. you will just have to make your own shitcoin from ethereum smart contracts and just copy the codes from everywhere and start offering it to people.

A lot of ISO is definitely good. Thanks to this, the crypto-currency market is very competitive. Due to their competitiveness, crypto-currencies are developing, hence capitalization is growing.

competitive market it's always a good thing but in the sea of ICO's now we can hardly find the ones we can actually support.
I mean, at least for me 99% of the ICO are just money grabbing without any support or reliable information behind the project, the 1% of the projects which might be a very good idea or a proper one, get lost within the other crappy ones.
It's like cloud mining, at start it might have worked but people got greedy and did it just to scam people.

Challenges and compitetions are always good for the economy. This is an open and free market, it encourages the creation of ICO. The one who can't uphold may end up in the oblivion, but those who are supported by a large community and being trusted by many will continue to survive. It's great to see so many new proposes on the use case of blockchain.

for me, ico is very profitable because it can get more profit. but it is true today there are many scams in ico, and this is a trading world that must be very much a scam. so it's a regular thing, actually depends on your intelligence if you want to join ico.

There is nothing bad if some good ICO's coming frequently, but if there are lot of ICO's, which are only fake then that will be concerning. And in reality that is happening, more than 80% ICO's are fake and lot of people are getting scammed by those. 

There advantages and disadvantages with this events that continues to happen. ICO's are good but a lot of times it is abused and used on illegal ways like scamming and other stuffs. I agree that it should be regulated but I think it is impossible to do. ;D

I want to say that it's good only because it's giving the cryptocurrency world more and more people and that's giving us hype. Hype is all what we need. ICOs are being hyped on social media a lot and that's making people who are not into cryptocurrencies end up engaging to it.

I have to mention the fact that ICOs coming up more frequently is inevitable. This "frequent" of yours is nothing compared to how much ICOs there will be in the future. On the Internet, things are consumed almost immediately. ICOs are forgotten right after the developers and the early investors have made money from it. They create new ICOs and hope that they would be able to accumulate more funds and be able to sell right away. And since a lot of ICOs are coming, it's not that questionable that there would be a lot of scams going on. Where there's money, there will be scammers.

I agree, there are really a lot of coins coming into the market that turns out to be shitcoins and just for pump and dump and then eventually lost in oblivion and ended up being de-listed by most trading platform.


And some of them turns into scam coins as well. That's why those who are legit are somewhat affected when a coins turn out to be a scam. And its really hard to filtered out which ICO will turn out to be a scam until its too late for all of us.


That's why China bans ICO in the first place. It really turns out to be circus out there because many ICO's are popping out with new unique technology to offer. Just a copy-cat of those who have existed before, however, people still invest on them and lost their funds. And China step in and decided that its time to ban and stop them for screwing and milking other people's money.

regulation is meaningless.. it didnt help consumers get saved from the banks in 2007

however consumer protection. in regards to independant review/audits/ critics and escrows are whats needed.. none of this nameless faces making 500 accounts and posting a new ICO each hour

I think for the good side, the growing number of ICOs helps create a healthy competition and further expand growth. But on the other hand, some ICOs are worth shit. But most ICO are good worth it be invested.

New ICOs are coming more and more because now is the era of cryptocurrency, now people know and understand more or less how it is working, so people are willing to get money for the projects and ICOs are the right way now to start your own project, people are investing easily in ICOs.

You mean ICOs should be centralized?

Decentralization is the name of the game. Just always be a keen observer when new ICO comes up and assess whether they'll give a punch ot not.

Besides ICOs helped a lot with the total market cap in reaching new heights.

There are positive and negative sides for these as already mentioned in the above posts. But the bottomline of this is that, if you're an investor, you need to be very careful choosing the projects that you want to invest with as all of them are at your own risk. So it's up to you if you will lose or gain money. It's your responsibility to do your own research, and others. So no one is to blame but yourself at the end if it goes wrong but you will reap your rewards if that project goes big.

The answer is double edged and it will be hard to answer a 100% yes or 100% no. Think deeply and you will understand.

Introducing a system is always a complex and difficult process. For now, I found a way in using platforms that list trustful ICOs. These platforms become intermediaries, also dependent on the ICOs success.
So while there's no solution to the scam-problem, you can find means to cope by yourself.

I think this is to be expected. Since altcoins are still in their infancy, a lot of people want to be the first movers in this market, and a lot of coins are being created at the moment. As the market adjusts, the purposeless coins will be abandoned and only the coins with good technology and usability will prevail. Until then, some people will lose their money investing in bad coins, but I think this cannot be avoided.

I think it is not only good, but it's amazing. The fact that ICOs are coming daily now and even more frequently, sometimes more than one per day, is a sign that crypto is growing and becoming a global industry.

If there weren't any ICOs we would only have Bitcoin which let's be honest... with only Bitcoin crypto wouldn't be where it is today. No way. Altcoins now are a far greater market share than Bitcoin alone and they did it all in just 2017.

Yes i am excited to the upcoming ICOs this year it includes the artificial intelligence and internet of things based projects.

An interesting topic.. the very reason blockchain gained prominence is its decentralized and transparent approach. Bitcoin paved the way for all the cryptocurrency with this tenent and its engraved in the DNA. Having a regulator or a framework will work against this noble cause. Scam and scamsters with regard to ICO, they say as long as there are people ready to be ditched, there will be people who will ditch, simple as that.. it is the role of forum like this to spread the right message and followers have to be aware of the technology, environment and possible fraud, they should play with the risk in mind.
I recently read there were some 1500+ coins/tokens, market capitalization of many billions etc., we are in the event of making a psuedo economy sans share markets and banks, we are just beginning what we should keep in mind is the use case that we need to bring in to integrate various aspects of other economies or think totally out of the box to make this mainstream.
Don't worry about ICOs too many or too less, lets keep the evangelism to spread the right awareness.

In as much its better that there is some form of sanity that needs to be applied, the market is a decentralised one in which one can do anything about but the time factor is dependent on either the developers or the team behind it because its them that would study the market then decide if the market is not too crowded for them to launch. But the moment that has been decided, its now about convincing prospective investors why their project is the best but to think of it, there is never a perfect moment to launch.

I think it's definitely a good thing, it shows, how rapidly cryptocurrency market is developing and growing. Yes, there is a bunch of coins and tokens made with only one purpose - to make the own coin, but many gems have been born as well, and appearance of such coins strongly promotes the cryptocurrency market forward. There are many interesting altcoins created, for example, Ethereum and IOTA. So my answer is "yes", I'm pretty sure, that it's good.

Just because most ICOs fail, it doesn't mean that ICOs should be banned or something or that there are no decent ICOs left.. None of those ICOs would get any profit if people actually spend some time reading what they have to offer, what team is behind the project, take a better look at their smart contracts (if available) and make sure if their goals are even achievable. But people like to complain, don't they?

As there a a lot of start ups there will be a lot of ICO to fund whose start ups. it is very easy to gather funds like this

It will be better to meet new ICO rarely but they should be more effective reliable and responsible. I still don’t know what instrument should be created for verifying these projects. Such tools are exist yet but they are not truly productive.

In my opinion that no good because too many ICO make many investor confused to choose it and which ICO should be jump it. Now there are ahundreed ICO in amonth and some of them has bad quality project so that can disadvantageous investor. Now we need maksimum quality of the project and not quantity.

There aren't a lot of ICOs at the start of this year, which is kind of expected. The creation of ICOs depend on the people or groups that make them, different coins have different and specific uses for different platforms, you can not tell which will rise or which will die short after they are released. Some coins survive because of the innovation that their campaign offers, others are just trying to make profit.

I think the current ICO project is too many, so it needs some regulation to restrict the ICO market, and the ICO market is full of the taste of speculation.

to see how much profit we will get is the heart of our seriousness in analyzing an altcoin.

I do not see how that is not good. Sure, in terms of the market getting super saturated, one may be worried. However, this brings in room for competition and there is enough space for every developers or company to come up with theirs, work hard and get the coin staying relevant just like we  have in the outside world. It is only left in the hands of the investors to select an ICO base on their own findings and believe in the team, that the project or coin in the end will do well because at the end, a lot of them will end up packing their bags out of the community and that is for sure.

with the coming of ico continuously, i still consider it good because in the era of crypto technology is increasingly sophisticated is very good for investment despite having a very high risk but provides many advantages. before investing in ico make sure that ico will not be a scam, learn the whitepaper or concept.

I think it is both bad and good. It is good as this increases competition in the crypto space, forcing developers to deliver better products in order to compete. On the other hand, it is bad as there is a higher chance that members of the crypto community get scammed.

it's not good, because if ico often comes and release will undoubtedly disrupt the token sales movement. and the concentration of investors for investment in one ico with large quantities should be split into some ico. finally an ico can not get the maximum target and only get the minimum target.

This is life whenever people learn of an opportunity and see the reward, some people would try to get some profits as quickly as possible while others would create something worthwhile

For now the Crypto market is in this phase; it is just a matter of time before people will learn the hard lesson and startups promote coins using best practices

I think it's a good thing as an person who understands ICO's. It allows me to pick and choose as I please. I understand though it can be very off putting for people who are new to this.

I also see it as a sort of competition, that will only increase the level of ICO's

ICOs are the most effective way to promote and distribute coins and tokens to the public and the same time earning revenue at ICO sales. Yes, ICOs keep on coming because there's no regulations on launching ICOs in the market. Team dedication and project effectiveness are the few aspects that could compete with newer currencies this year.

Without ICO, a coin company couldn't survive the circulation and this time is different from Bitcoin's struggles last 2009 so the toughness of competition is really the hardest part on promoting a coin so therefore each coin company should come up with the most reliable project that could help them bring their coin advancement. Good social Community also more effective way to attract investors as well.

why not? it is market. Here comes what is popular

ICO before was a good thing, because they were legitimate. Having good project and a promising team. After a huge succese with the past ICOs, a lot of people created a team to launch their own ICO projects with the hopes of success, while others took advantage and turned it to a scam. Theres nothing wrong with a lot of ICO's coming as long as its a legit project. The only thing that makes it worse is the ICO scams.

yes, you are right in your point no.1 but I believe if we do our due diligence we can get hold of those hidden gems which do get their value and retain too in the long run if they have a genuine idea and project behind it.
but yes there has to be some regulation sort of things to control the huge influx of icos.

Emergence of a large number of ICO causes the huge competition among teams, but also generates a large number of swindlers who want to be enriched on it, the mechanism for ICO regulation is necessary.

In decentralized platform they will not comes with the any big regulations bro so it will all operates independently in the crypto currency market bro. ICO is the one of the biggest investment which is keep on coming from the different person so work out independently and choose best ICO to get the more profit with the help of the potential ICO.
So i believe ICO are the healthy option to invest on the crypto platform.

Personally I don't see it as an issue as it means I have more choice and it forces competition.

The market will adjust itself accordingly, it is still trying to work itself out and the users are growing daily.