Bitcoin Forum

Given the recent drop in ether we're considering postponing our tokensale.

Is this a good idea?

If so, how long do people think this drop will be, temporary short term or longer, or permanent?

I'm currently thinking a positive ETF decision may have a large impact, or is this just wishful thinking?

Please feel free to answer with whatever time frames or ideas you have.

I think you need to wait until the end of September. summer is vacation time not the time for serious investment.
I expect in October to see more interest in crypto again. I mean, more non-crypto people.

if I hold the token myself, bro, because I'm sure next month there will be a significant increase, because I read about it there will also be an increase at the end of this year so I hold the tokens and visible improvements starting from the beginning of September
Hopefully that happens must be positive thinking  ;)

As pointed out already, summer is vacation time for many and not time for serious business or investments. From the month of October, we expect to see major movements and some institutional money moving into crypto. I'd advise you delay and hodl some more. With the ETF approval in the offing, there could be a major bull run up until the end of the year. Let's stay positive.

Interesting, our presale is currently running as a 'soft launch' but luckily I have included code in the smart contract to allow pause and restart which automatically adjusts the timeline of the sale phases - looks like we might be using it :)

I know for some marketing suggestions(from experts) like: marketing + August = weak effect

Most of the ICOs (https://coincodex.com/ico-calendar/) have been delaying. Currently, it's not a good time to launch an ICO, better to wait. But you need to be ready to launch when the time is right because there are a lot of ICOs waiting for that and the funds required to launch an ICO will triple.

The dumps in the market is surely not permanent and recovery will again be seen and we just have to wait for it. I do personally think that delaying the tokensale would be a good idea in order to somewhat avoid the dumps in the market. So to make it short, it is for the project itself and investors as well as bounty hunters should be more patient because it is for the betterment of everyone.

Most people would choose to start the ico in september or october since these are not the right date, on the other hand, it may be good to start creating the community.

Everyone is delaying the token sales looking for the right market, but I think that if ICO is solid you can create the hype at any time of the year and in any cycle.

To delay your ico caused by ETF is such a bad decision. Rather than accepting only ethereum and why can you just try to accept bitcoin at the same time? Bitcoin was providing a better liquidity than ethereum and its market is more stable compared with altcoin right now. Try to accept bitcoin and it will better than put all yours in ethereum.

I think the current market conditions will last longer, maybe until the end of the year. So you can hold your token until that time. But, hopefully there will be an increase as soon as possible because waiting too long becomes boring.

For me the true test of the viability of a coin should be in a bearish market condition like we're currently experiencing. Rather than delay listing, they should just go ahead and let the market decide how good the project is

You have taken the right decision by delaying the tokensale period. I think ETF is just a wishful think, nothing else. ETF will reject cryptocurrency like before they did! So, Ethereum price stay at dump! So, if ETH price will not grow then you should wait for that. At this current situation, Investors are likeyly stopped inveating because of low price of ethereum

Bitcoin provides better liquidity than ethereum and the market is more stable than current altcoins. Try to accept bitcoin and it will be better than putting all your possessions on ethereum.

I do not think it will increase in the near future

We're mitigating the low ether price somewhat because we're not altering our exchange rate.

This means that you're still getting the same amount of tokens for your ether regardless of market conditions.

If you're interested check out https://signup.mewcoin.io

While I agree with this sentiment, I think perhaps the problem is the psychology of a bear market means that many casual or inexperienced buyers will not be getting involved which must have an impact on the final success of the tokensale.

Better wait for the market to recover...
When will recovery happen? No one knows...
Delaying an ICO would be the best move for now as no one would want to part with their fiat and invest in crypto at the moment.

No need postponing it . Continue with the sales.

The decreasement of ETH is just being in general trend of whole market. In the next time, if ETF fund is approved, the market will have a big hit and there are lots of capitals flow to market

After hearing the news of market. lot want to delay our tokens sale. because if the market down as change the weather like that it would be become with boom price in the future. l think so.

31 September is new apointment for SEC. I believe things could be changed after this day. But both way.. might get in worste. So.. just wait and we will see what going to happen. But I really hope for positive news

Although it's completely yours and the team's decision whether you want to launch the ICO now or not but I would like to ask you as to why do you want to delay the ICO ? What are the impacts that will occur if you don't postpone your ICO ? Have you not considered the fact that you will be getting more amount of ETH since it's price is low and when the price goes high it is you who will be benefited as the total amount of value in $ will tremendously increase. Let me know your thoughts on this.

I mean whether you reach the hard or the soft cap, whether Eth is worth 200 or $2000.
You are still going to own the same amount of ethereum. Its just if its a legit project you may have to wait for a price rise in coins so you can actually afford every thing explained in the roadmap!!!

31st of September? are you sure about *that* date...

Our project is quoted in ETH at a fixed rate of 1:500000 so the amount of ETH doesn't matter, however people are getting a better price for tokens from us if they buy now :)