Bitcoin Forum

With the decline in coin prices and with the increasing number of ico who failed the crypto world began to be abandoned is this a sign that crypto is being abandoned and investors are starting to not trust ico?

It's definitely a sign to stop trusting ICOs, but Bitcoin adoption and hashrate are growing daily. Crypto isn't being abandoned, only scam ICOs.

Crypto will not go out of our lives. While we are obsessed with ISO, and do not understand that the use of crypto can have a very wide application in the life of every inhabitant of the planet, and in the world economic and financial system.

No, crypto is just getting started. Sure, a lot of shit-coins will be abandoned along the way, but they had it coming. I believe less than 10 percent of the current altcoins are going to survive in a couple of years time.  

There are only so many examples where the blockchain and the associated cryptocurrencies can be used. After the dust settles, the winners will remain, and if you are holding alts, you just have to make sure you are on the winning side. Hint: if you are not sure, stick with bitcoin.

you are confusing the pump and dumps with the "crypto world".

just because shitcoins that were pumped are not being dumped hard it doesn't mean that the cryptocurrencies are being abandoned. it just means the money that came in each of them in order to grow is now exiting because it has grown as much as it could.

crytocurrencies are still going on as before, the good projects are still working and the top 10 are still the same shitcoin pump and dumps that they were before.

The decreasing price of Bitcoin is caused by excessive news related to altcoin being investigated for price manipulation or fraud, this causes concern for investors, but according to some observers this decline will not be long, Bitcoin will rise again in the near future, this which causes some investors to defend Bitcoin and believe that Bitcoin will be the future.

It seems to me that people's opinion will change radically when we all see serious growth, because so far there is nothing to make people sure that the BTC will not collapse. I think that the outcome of this story is too close.

Abadoned means you are not here and even me, so I think crypto still have millions of investors and supporters because even the market and a lot of ICO are not trusted they have flow of the market. Depends on how you think in cryptocurrency and to the ICO.

I do not yet see any direct threats to the disappearance of the crypto currency. I can say on the contrary, its popularity is growing every day! And the fact that we periodically experience losses and setbacks. This is the norm for the crypto-currency world.

The decline in prices is caused by:

- the fact that Bitcoin has no use other than as a store of value based on scarcity.

- that being listed on the futures market makes it easy to short.

- that the exchanges are unsupervised and easy to manipulate through wash trading.

Why do people come to conclusion that bitcoin or other crypto currency is  being abandoned when the price starts to fall? This makes no sense. The price fluctuates, goes up and down which is quite normal. We see the value of dollar or other fiat currency fall but do we say that they are being abandoned? Or do we show them the reasons behind the fall (inflation  and stuffs)? Obviously the latter one.

ICO are having a hard time at the moment. Only 8 out of 100 recent ICO manages 2x or better. A lot of the others got destroyed. In a market like this everyone is tethering and looking at Bitcoin. I am on the optimistic side. Despite the low prices there is a lot of people with a lot of money interested in blockchain. All that manipulation of Bitcoin will eventually come to an end as it is not about money or technology but about politics. The technology is unquestionable and here to stay.

Also check on projects like Nano, Dexon or Decenternet.

P.S. and Consensus AI

Crypto won't be abandoned. Their are many factors that contributed to the decline not just scammy ICO's. Regulations and outright ban is the main reason for this free fall. And as much as there are scam ICO, there are also legit ones born every day. What we might see is smart investing now, people will really scrutinised every project before they pour their cash, so NO, crypto is here to stay.

Yes, but only the number of coins continues to grow, and investors, who in this situation on the market are looking for other ways of income, also inspires Ico. Therefore, I do not think that ICO will be abandoned, but control over them is needed.

I think those who wanted to abandon crypto were those people who has bigger frustrations with bitcoin, because they're weak.  That's their mindset and personal perceptions and we can't control it, but even if there's an ongoing crisis against crypto false media behind us I don't give up on cryptocurrency. It won't be abandoned, and instead of losing hope we must help our community grow and promote this to the entire world.

Investors so far see that ICO teams are very difficult to collect even a minimum amount in promising projects. Also, I hope everyone understands that one of the main reasons for this state of ICO is the general fall of the crypto-currency market. The market will go up and the situation will change, including in respect of ICO projects. Meanwhile, we are waiting for the fourth quarter. Many ICOs extend the term of the ICO or transfer it to October and November, expecting a good market growth at this time.

In my own opinion, Cryptocurrency will not be abandoned, but ICOs may loose their trust by investors, except some measures are put in place to keep closer watch on ICO projects.

Surely frustration is the word, when the "investor" realizes that he will not have colossal gains like the BTC in the past, he looks for other "opportunities."
The big problem is the search for crypto as an investment, not as technology.

It is not the way you are thinking. But what is true is the market is declining and the investors are in a wait and see mode. They are not going away from cryptocurrency, but only are seeing the market. As crypto is the future which all know, the market will not crash as speculated by those against it. Facing difficulties means coming back with strong vigor and enthusiasm.

This cannot be, I know there are challenges the Cryptocurency world is currently facing, but crypto will not be abandoned for any reason.

No, it isn't. It needs a long time for crypto to survive and proof the existence. We know that crypto was created only in recent few years, obviously it will suffer many problems. Anything need process, such crypto also needs a process.

Surely a solution will come to solve these kinds of problems. But I don't know what it is. With the technology growing I think a solution will come to eliminate the scams from this industry.

as for me it is yet another dive to the bottom and so i'm waiting patiently when it starts going up. isn't it logical? even crude oil had such times

Most of the peole who have tried to trade forex failed as well, nothing special here. But crypto is way more complicated and manipulated

I don't think that crpytocurrency being abandoned, the system and the technology of this cryptocurrency is keep on growing even better.
That is what it makes this cryptocurrency world will still be exist through time.

It is a bad sign for sure, not just for the ICO but for the whole cryptomarket as a whole. While this majorily affects ICO, the reputation of crypto is going to get dragged down as well.

Please I will not support this assumption or this order that cryptocurrency should be abandoned well cryptocurrency has done such so far and it has shown a huge potential globally and I think cryptocurrency is surely the future and should be up held

Nowadays, many people abandon crypto, because the market is going down very deep, and we can see that the market is now volatile, but if anyone believes in the market and holds them for a long time there will be. rich opportunity

I dont think that crytpcurrency will ever be abandoned. Yes, it is true that the market is not as good as it should have been, but the thought of have it being abandoned is way too impossible to happen. This is just a challenge for all of us. Lets not be affected by it.

It's a results of the bearish trend as those investors are having a break. I think we need regulations to control those ICOs as this could protect the money from the investors. I hope soon we can have a platform that can detect fake projects that will help investors in choosing good projects.

The bearish trend should be considered as the main reason but these days so many people have been doing a lot of research and i will try to tell you about the reliable ico site called icodrop which has been giving the result about how smart the investor is. You must need to do a lot of research before try to take anything to be your conclusion.

several steps were put in place to closely monitor the ICO project.
In my own opinion, Cryptocurrency will not be abandoned, but ICOs can lose their trust by investors,

Frankly speaking, many of my friends and acquaintances lost interest in crypto-currencies after a big correction took place and now even when I see bullish sentiments on the market they are hard to change.

I don't think because a falling market will be able to kill crypto. Crypto is a currency and also an asset that can provide benefits. Crypto will not be abandoned because crypto is the future.

surely investors begin to distrust the ICO, so there will only be few investors who will invest in ICOs. and investors will certainly be more cautious in investing in emerging ICO projects.

Cryptocurrencies are stuck in lives of too many people to be abandoned so easily. Of course, there are scammers, there are useless altcoins, there are worthless ICO's, but you know there is always people who believe. And them or maybe even we will not let this happen.

it's not like that, friend about crypto. crypto is global and personally my knowledge is still very lacking about crypto activity. but I see that with the increasing number of ICOs, the better and the investors can see which ICO can bring benefits to them. this means that things like this are very positive in crypto activities.

According to the indices and popularity of crypto currency for today. I'm not sure that something will happen to her. Because while it has a huge demand from investors. Crypto currency does not threaten anything

Crypto is a future of economic development project but actual market is little varied so many scam projects are enter into market so some investors are abandoned in few ICOs. It is not a asset management because we can invest in crypto it is one kind of Share market so few peoples are stay away in crypto investment. But I hope everything will change to opposite so again it will going to peak soon.

At some point they will regret that they have dropped out of crypto. The times in which prices fall are hard, but it is worth keeping up. I've been through times like this several times and now I'm glad I stayed with crypto. I can recommend this to all other people in such a situation. So far prices have risen again and again and I see no reason why this shouldn't happen in the future. It's hard to say when it will be, but it will happen. So do not give up, prove patient and continue. It will certainly pay off.  ;)

For me, I can see this situation as the survival of the fittest. Those ICOs with concrete foundation and good products/platforms can withstand this situation. Those with weak hands will abandon the ICOs that is on their worst situation. Only the true investors who knows how this market works will stay and witness the rise of the selected good ICOs.

maybe you are right in some aspects such as the loss of investor confidence that has begun to disappear and diminish, but on the other hand, there will be many new investors who will see other potential for crypto currencies, and many predict myself including, that blockchain technology will very useful in the future. with that, crypto's future will still be as bright as the sky after it rains

Crypto will be the future of currency as FIAT is getting troubles.
The world is in debt now. very country is really in trouble with their FIAT.
crypto will be the solution for this.

I must be frank with you that you are wrong to say that cryptocurrency should be abandoned. Well cryptocurrency has done much more good than harm since it inception and it is gradually spreading globally I think it should not be abandoned

Well if you Think about the increase and decreasing price in crypto world. with that mind set you'll get confused. all of the coins were pumped including shitcoins and not are not being dumped and its not a sign that the cryptocurrency will get abandon but for the Scam ICO's Yes.  The meaning is that the money the gives them to grow is done because they hit the limit how can they reach what the price of their coin.

Investors do not trust ICO projects, because lately there are a lot of scammers. Simply investors need to more carefully choose a project for investment.

the ICO craze earlier was kinda a way for lots of doomed/useless projects to gather a ton of money with very little work! The "fundamentals" are still the same, there's plenty of great crypto projects available to cover most areas in every field (industrial, banking, payments, and so many more).

It's, if anything, a good thing to see that finally the blown up marketcap has gone out from all these random garbage projects that never will get anywhere. Now we can start over! and rebuild!  ::)

Look at bitcoin's historical ups and downs and you can see you shouldn't be that worried.
Maybe people are abandoning investing in ico's, sounds good to me.

It is true, there is a lot of scam on the market, but still many good projects collect soft cap pretty easy, which means there is enough pool of proficient ico investors.

The fact that some projects are being abandoned and not worked on any more doesn't mean that it happens with all projects. Crypto won't be abandoned you don't have to worry about that.

the fall of the price of coins is not a start of abandoning the cryptocurrency
it is a good point where to start and buy more coins.
Fall is just a fall, we will rise and have the bull run.

In this present, there have many "sh*t coin" in this market. They cause great damage to uninformed investor. In the future, they will be eliminated and only a few coin exist and have less real. Then the crypto market is really stable and has its own place.

There are people who leave Crypto, but not all, only part of the proof is that you and I are still here, those who leave Crypto are those who enter the world of cryptocurancy without knowledge and only follow trends so that when the market falls they leave with their losses. so it's very important about crypto risk awareness before going into the crypto market to create a strong community and build a stable market.

As a matter of fact, the market is really crowded with a lot of tokens that can never go a step further. However, this does not mean that ICO projects no longer attract investors. In my opinion, there are still many good projects that deserve our trust in them.

Investors are more cautious nowadays as it is very risky investing in ICOs as many of them not deliver with their projects and some of them disappear with the collected funds. Regulations on ICO market should solve this situation in the future and gain more trust for investors.

Crypto being abandoned due to the increasing number of failed ICOs? I wouldn't end up with that conclusion, the crypto market isn't only rotating to these ICOs. Can't you see the stable way of it by having those coins that are established enough and has a good volume in the market? Don't just look at those failed ICOs as they will be terminated in the market very soon.

maybe a lot of people are not trusting the ICOs anymore but abandoning crypto, nope! crypto will still be there in the future but only the deserving ones will survive. the pumpndump coins, tokens will bite the dust. they have no reason to exist in this cryptocommunity.