Bitcoin Forum

Is it me only or anyone else thinks this news are awesome?

First, Kevin O‘Leary announces he is working on a deal to offer hotel shares through ICO. Then, Lympo announces they will be distributing company shares to their token holders.

What do you think guys? Does this mean we are entering a new - assets backed - cryptocurrency stage? I am a bit skeptical as I am yet to understand how it will affect the crypto industry and tokenomics. Will we see more stringent measures or to the contrary – regulators will back down as more and more ICO will have some real assets behind them.

What are your opinions?
 

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Sources to the news:
https://www.cnbc.com/2018/03/19/kevin-oleary-new-york-city-hotel-hopes-to-launch-400-million-dollar-coin-offering.html
https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm

Woaha! That is great turn of events and huge announcements. Do you know when hotel ICO is happening? Would be interested to get some shares.

Atari, Kodak and other corporate giants are artificially boosting their stock prices as high as 240% by announcing ridiculous crypto or blockchain projects that will probably never see the light of day. Its nice to see blockchain and bitcoin have that much brand name recognition to where big and established private sector industries can gain massive equity value via alleged association.

But the long term net effect is likely to be many of these recent announcements which are claiming blockchain / ICO affiliation are overvalued and will produce an enormous bubble as these assets are overvalued.

It is also ironic to note the ridiculous amount of value ordinary and mundane projects like hotels can gain by claiming to be backed by bitcoin's value and brand name recognition.

A hotel backed by bitcoin appears to be a safer and better investment by a hotel backed by fiat currency which is interesting.  :)

This will definitely hit a new stage, for sure. Tbh it's really kind of a unique deal right now in the crypto area.
A growing number of people in the crypto space believe that a coin which gives an additional value to the token holders in terms of the company’s ownership is key to its success in the future.

The situation of the market at the moment is just something I say unpredictable, because so many exit scams have been carried out since the beginning of this year, the market was completely rummaged and thrown on the heap. Okay, you have to say that you can't directly predict such a market either, but certain directions can already be drawn. People are insecure and you can tell.

ICO: Asset-based coins will eventually replace small cap stocks, says "Shark Tank's" Kevin O'Leary. He explains why he is "very excited" about initial coin offerings through "smart contracts." Source: https://www.youtube.com/watch?v=IcT4-ddkgqc&feature=youtu.be
Just to get on my previous speaker, it really is a huge deal.

That is what frightens me a bit as well - you just slap crypto, blockchain or bitcoin on anything and it is an instant +1000% value increase. I think John Oliver had some very good point in his last episode and even gave an example with a drink or whatever.
However, if done right I have a feeling that it can be huge and not to sound too optimistic - help lower inequality. I mean if by investing into company tokens I get shares and dividends - it is more income for me. And seeing all those small investments in ICOs - it just shows to me that not super rich are trying to hit a jackpot but the rest 99% of people.
So if more and more start companies give out share, we might see in a long future a better world for everybody (ok ok i got carried away a bit :)

Better world for those people who do have the capability to invest on but for those who haven't any money to spend on then they would really still placed in the bottom.Not to fully discriminate but this is the reality.If we do like to improve our lives then we should take the risk and reading out these things on where you can already buy shares into some companies by means of crypto then it would be a huge step forward.

The G20 did not prohibit the cryptocurrency market, which meant that the market would be recognized in most countries around the world. The cryptocurrency market is gaining more and more interest from traditional financial markets and the community, the day the world uses crypto will not be too far away.

That's it, there have been rumors about regulations - which is in my opinion a really big thing, but not exactly confirmations about them. In retrospect, it was said that the whole industry of crypto currencies is far too small to debate about it. This will definitely lead to a new upswing in the crypto world. I really agree with your last point.
Stabilization must find its way onto the market. There cannot always be excessive hype, price increases of over 1000% and pump & dumps.
It's getting more support and interest, let's see where we're going.

Hotel ico is going to be one of the big breaks for cryptocurrency. It is going to facilitate the payment of resort bills, accommodation and hotel services and travels.  Trippki is working on that soon.

https://steemit.com/ico/@cryptodreamers/trippki-ico-decentralized-expedia-priceline-airbnb

https://steemit.com/ico/@cryptodreamers/trippki-ico-decentralized-expedia-priceline-airbnb

Bad reputation for ICOs and Many of the frauds that occur because of it, will make it less effective in the future.
So I think the beginning of the end for this kind of fraud/Scam.
In general, it is better to use bitcoin for payment rather than currency with no future.

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You can read more from here ------> https://medium.com/swlh/the-future-of-the-ico-market-3eb4da481fce (https://medium.com/swlh/the-future-of-the-ico-market-3eb4da481fce)

It is the beginning of  new crypt o era because  the growth of crypt o currency is  unpredictably expanding day by day and getting popular in the financial market. The expected market capital of crypt o currency is 1 trillion and the corresponding proportionate daily transaction volume also visible .By using the crypt o currency the investors are experiencing a mode of very easy and smooth
transaction with a speedy result. So its popularity is widening and more people are attracted to it. It can consider crypto is the currency for the new era.

If you have observed several upcoming projects and existing projecting that are operating with blockchain technology and using cryptocurrency for transaction, you do not need anyone to tell you that this is the beginning of new crypto era.

Crypto enthusiasts are replaced by digital whales. Lately, many comments from them, attempts to ban advertising on their platforms and so on. It's unclear what goals they pursue, but in themselves their interest already speaks for themselves

We have already entered an era where crypto currency is a big deal. It has started years before and continued to prosper until now. So it is really a big help that crypto currency exist. ICO has been widely patronized by investors and was an alternative to earn Bitcoin or ethereum and other crypto.

Yep. Don't want Illuminati sh**t here but the more I follow news and market the more I tend to believe that somebody (digital whales??) is manipulating it :/ I really hope cryptos are strong enough to survive this.
And those bans are unweighted. Instead of making some rules and selection requirements to differentiate between good ICOs and scams they just ban everything all together...looks like it is time for new search engines and social media channels:)

I have mixed feeling regarding all this big companies venture capital coming into the crypto space. It is good for the overall growth of tge market as the big players are getting in now. But i do feel this could hamper the crypto space too as these big guys will manipulate the market to a great extent for their own benefit.

All people use cryptocurrencies for their own purposes. I don't see anything wrong with that. It seems to me that the prosecution whales in their problems became a trend this year. Perhaps in humans says greed. They can never accept the fact that someone has a lot of money.

If you think crypto market isn't manipulated now then it's time to wake up :)

Honestly if I admit I'm already tired of something to follow and understand every little thing!
At this time, I understand one thing! Crypto should grow and all)

Noce advertising lol,this is the new way of promoting tokens .does not need signature or social media campaigns..but if this is going to be reality i guess this will help a big par for the recovery were waiting for..this kind of deals is what we need make our market grow again,more prospective investors or partners are welcome .goodluck to this one hope would go better in future

Many speculation in this year crypto will grow and many people's do transactions using crypto. Last year is just a beginning. This year the price will increase more than last year, even last this month the price drop down much. But positive thinking is the price will rise and shine again.

Hm, there are already more than sufficient people who are trying hard to push the crypto currencies further however there are double than that who are actually trying to take it down. This technological advancement actually has turned into Cold War where people want the crypto currency badly but there are also regulatory bodies who are trying to avoid them at the same time.


This has already happened but we are not giving it the scope which it should have been getting until now. What is wrong ? The wrong thing that happened is we started using the crypto currencies as way of earning money but not as currency!! That makes huge difference between the tech that was created for something but ended up with something else.  :P

I hope you are right, but I am starting to worry. Too much FUD imho.
Everyone said it will pick up after Chinese new year - it didn't, then most said April will be starting point - so fat it hasn't. Now I hear Q3 or by the end of this year. But I'm starting to doubt :)
It seems like people start dumping once price goes up 20% or so, and then it goes down again. Oh well, maybe gradual increase will be for the best. Dont want moon by the end of this year, but would be happy to see BTC hovering well above 10k USD this year, and adding another 2-3k the next.
Also, hope there is less FUD and governments start embracing blockchain and cryptos instead of banning everything.

Maybe it is, maybe it isn't. The current situation isn't so good, and it will recover. Everyone wants to buy Bitcoin, of course, but you can earn more 5x from investing in new ICOs than Bitcoin. So, Bitcoin's price is 7k and its probability of reaching 14k is even less than the possibility of reaching any tokens to 0.04$ from 0.004$. So, you should invest in Bitcoin for get any token you can make a profit.

It was only possible in past but not now, and the reason is that the increasing number of bitcoin users, in fact as soon as time pass bitcoin users are increasing which is making bitcoin more stronger. Therefore i do not think that it has now become so easy to manipulate the bitcoin price so easily. Bitcoin is now becoming more stronger. The increasing number of bitcoin users are making bitcoin more reliable and stronger.

I agree with this conversation:
"In many cases, the token holder has no say in the company's key decisions and, most importantly, not accept transparency. In addition, the market is very unstable and many tokens lose their value due to the volatility of the main crypto currency, "Jonušė said.

indeed this is a good new era for the crypto world when some large company stocks will include crypto as their deal. but true, the unstable crypto price in the market, becomes a major obstacle.

I think we still have years ahead of us before we see true mass adoption of crypto. People are getting aware of it's existence but this is just a beginning.

That's true. And also while crypto is so volatile and growth so fast, the majority is not willing to use it for everyday purchases as they see crypto as rather a store of value.

if the one says it is true then it is good news for crypto currancy, this will be a good start, so will many people are interested to invest in crypto currancy

The stockholding at Lympo is really a neat idea, I think that is a really nice touch to a company. If only more people would do that  ;D ;D

For me, if there is good things that will develop the total operations of cryptocurrency, I would rather agree and support it, as long as it is for the good of cryptocurrency business. Hopefully that all good things behind crypto business would have a direct approval and implementation, so that all of us are enjoy.

it is good if many people invest into cryptos, but their investment goal is to make a profit, and what needs to be realized is cryptocurrency is a digital currency

off course, by seeing the bitcoin and another crptho, I think it 's the time of new crypto era. will see. there will  any cryptho in the word soon.

I've seen some projects, connected with booking hotels
But new era will come with new technologies, with the REALLY NEW type of blockchain, for example
And it'll we so soon

For sure we need something globaly to change in our world and i think crypto is what we need ! Soon everybody will use that.

So they are riding the crypto currency hype and I am loving it. I love watching him on shark tank as he is the most mean and savage one. With this concept and with his name I am sure his ICO will be successful. He also has the money to hire people who have competence to make his project good. I hope this ICO is open to the public, I will be one of the investor.

Well they are not aware of the profit behind the volatile price of the bitcoin, for me the best currency right now is the bitcoin only as no currency has the guts to stand at the front of bitcoin as much it is getting high in price and being popular day by day. So I think majority of people are now trusting bitcoin and they are willing to invest after the recent pump in bitcoin price, so hold your bitcoin don’t sell it at the low price, as bitcoin is the future currency for sure.

This announcement of news will be great and also has a great impact in the value of the bitcoin and the other cryptocurrency coins. having an Hotel shares through ico is not easy if this succeed for sure the price of bitcoin will increase and reputation of btc will regain again.

There are a lot of crypto whales who really have a huge impact on crypto space, this is true. The last weeks and months have been anything but rosy for the crypto market. Falling prices and bad news have hit hard on the mood in the crypto-ecosystem - FUD (Fear, Uncertainty and Doubt) made big waves. Some reports quickly gave the impression that the crypto-economy was at an end. However, the confidence that is currently being created in the sustainability of the market can prove to be much more valuable in the long term.
So the point of distributing company shares to their token holders is a new and great way to improve the Blockchain and crypto currency stage. I'm currently curious about the whole thing.

Hi,

I think it isn' a new era... But things are changing, indeed.

The first signal for me was the change in the viewpoint shared by mass media. From a geeky-shadow-illegal thing, bitcoin has become "the new asset to become a billionaire". Of course, the vision shared remains wrong, but at least it has become positive!

Then, there are many famous people talking about it. And I understand why the endorsement of something as crypto can be important for many people to dare investing. Though, I don't think that we need the approval of Bill Gates or Marc Zuckerberg to develop our community!

Last point: nobody really knows how things will evolve. It is hard (or maybe impossible) to say if crypto will be used one day for daily needs.. So, maybe not a new era yet, but at least a tangible evolution!

Crypto era will for sure come that's am sure of because you know most of the people are noticing one thing that government is banning but no one is really paying attention to the news that they are banning because they want to introduce their own crypto.
Thus every country wanna do that get a centralized crypto in the market backed by the fiat now.. I do think that after 5-7 years just like fiat there will be crypto in every country used on a daily basis .

I believe we need one or two projects to work worldwide in RL situations, be it payments, data management, health management, connected autonomous cars. Whatever. People will start trusting in BC technology and I would think will begin taking interest in cryptos in general. Also, it would really help if any mega-corporation signs a partnership deal with a solid crypto project. For now, it is on enthusiast and fast cash trading level. Rarely I meet people who buy coins because they really believe in a project. Usually, it's "it will moon next month; then I dump"  :(

Absolutely pleasing to read. Imagine using crypto as your hotel bills. This is quite interesting and really unique. I hope we are entering a new and better era. And I really do hope that marketplace would consider this (what is written in the news). Because this is a huge deal and helpful deed.

New era? Nah. I don't think so. Though, the hotel management and usage through blockchain technology is an awesome idea, but that's if the developers will be doing it without the trait of greedy urges. It's just hard to believe that lately, ICOs are being developed to solve problems. Money is now the main reason why ICOs are being created.  It's only a few developers that are truly dedicated, others aim are for popularity and fame.

You could say this is the capital to mature the crypto market and find improvement when things start to get better in today's most experienced companies, this is a positive trend to promote to the whole world / people who were once crypto unacceptable in society, more investors will be interested to take advantage of the opportunities that occur they must read the current situation there will be a tremendous rise and keep pumping, hopefully no things can jeopardize cryptocurrency.

this is a positive news story for cryptocurrency, from which initially illegal has now become a new asset for ICO. and this possibility is the beginning of a new era of cryptocurreny to be able to promote to all people or companies in order to attract even more interested investors.
because it is so incredible, hopefully it can continue to grow so that cryptocurrency can be accepted throughout the country.

What happens to the company shares if crypto happens to eventually fail? 😁😂 Will those who bought the tokens continue to have their shares transformed to others forms or what? I think they will just end up losing everything lol. But I’m not praying that such happens.And if you don’t mind, in what areas are you expecting the change to occur, cause I don’t also see how that will be transforming the cryptocurrency world, there are have been many that has done things that are far much better than this, but noting happened.

Who told you that bitcoin will fail?and if bitcoin falls totally i think all those who holds this coin wilL sell all of their stocks,because as long as theres someones holding the coin,this will remain valuable ..

But before bitcoin dies,all the altcoin will die first and that only mean one thing,its the end of cryptoworld

I think yes ,this is the beginning of the crypto era in the digital world , we can not deny that bitcoin is so popular in the coin market and many are joining in investing those cryptos because we see that it will give good benefits to the people joining this activities of cryptos and bitcoin.

In my opinion, I think that this really is the beginning of the new crypto era(although it has started long ago, I pretty much think that this year will be the determiner in my opinion). And the news you are saying are just one of the greatest and biggest that are yet to come within this year. But regarding the regulators, I don't think that they will be backing down. Because clearly, the non crypto people will not make money out of the cypto world without regulation. Not to mention their best over used alibis like bitcoins can be used for crime and can make someone lose a lot etc., which has some touch of truths in it to be honest but come on, we ain't that dumb to not see what they are really doing. So yeah, I think regulation is the only way to go if we want mass adoption.

It is impossible for bitcoin to die that easily because when its price go down,  people are likely to invest in it. To easily lose hope in bitcoin when the price dumps is like never even believing in it since the beginning.  Volatility of the coins is understandable but failing to understand it is not.  The volatility of the coins is what makes it riskier so not understanding it will always lead to failure.

I doubt if this should be called the new beginning when the recovery is just starting. If ever this is the  start,  the price seems low to be the start.  Just saying.

Many giants are coming into the crypto, also the new reports are now very bright for huge crypto rise, I can bet the year of 2018 will bring new heights to the crypto world. 8)

We all know this fact that it has not been so long for this world to know about nay of the crypto currency and that still, there is a huge number of people who have absolutely zero idea regarding bitcoin and the rest of the crypto currency but we can hope that all these crypto coins will surely earn a very good name in the international market and that they will solve the economic issues in a better way.

We are staying at a very beginning of the absolutely new, promising and interesting era.

That is the change I envisage too! As almost all companies are now being tokenized; taking leverage of the blockchain technology to put their business on the new level for the future and also creating avenue for everyone globally to participate in it. I agree it is a new era and it is the change of adoption needed.

Atari, Kodak and other corporate mammoths are misleadingly boosting their stock costs as high as 240% by declaring absurd crypto or blockchain ventures that will most likely never observe the light of day. It's pleasant to see blockchain and bitcoin have that much brand name acknowledgment to where huge and built up private division businesses can increase monstrous value esteem by means of charged affiliation.

In any case, the long haul net impact is probably going to be a considerable lot of these ongoing declarations which are asserting blockchain/ICO alliance are exaggerated and will deliver a tremendous rise as these advantages are exaggerated.

It is likewise amusing to take note of the silly measure of significant worth common and unremarkable undertakings like inns can pick up by professing to be sponsored by bitcoin's esteem and brand name acknowledgment.

An inn sponsored by bitcoin seems, by all accounts, to be a more secure and better speculation by a lodging supported by fiat cash which is fascinating.

This will hit another stage, without a doubt. Tbh it's extremely sort of a one of a kind arrangement right now in the crypto zone.

A developing number of individuals in the crypto space trust that a coin which gives an extra incentive to the token holders as far as the organization's possession is vital to its accomplishment later on.

The circumstance of the market right now is simply something I say erratic in light of the fact that such a significant number of leave tricks have been done since the start of this current year, the market was totally scrounged and tossed on the stack. Affirm, you need to state that you can't straightforwardly anticipate such a market either, however certain bearings would already be able to be drawn. Individuals are uncertain and you can tell.

 Im very much agree we that since they are discovered this kind of business transanction too many are interested especially those people have enough knowledge how to earned with it.It will happened soon