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I was looking at ETH and as far as I understand, this coin is mainly successful because of the ICO's nowadays.

ICO's are booming and it looks like it never ends. But what if all ideas are gone and the amount of new coins which use/ need ETH are decreasing. Would this have much effect on the price?

Maybe someone can correct me if I am wrong?



 

Correct. Currently, ICO is the main reason people buy Ethereum and keep the price flying. What happens when people are getting enough of ICO? ETH price would go significantly lower, I would say. Remember what happen to ETH price when China banning ICOs? Yeah, that's proving that ICO has much influence on ETH price. I think the same would happen when ICOs bubble is over unless there is a new trend hype involving ETH, just like what ICO is right now.

This is speculative and no one can give you a definite answer.

For now ETH's only usecase is indeed hosting ICO's, but as the project further develops, they might add new things which keep them valuable.

Better mining systems, better scalability, and even if all those ICO's are over, the projects are still hosted in ETH's environment ( ERC20 Tokens ).

So unless all these projects die out, ETH is still going to have value, since it keeps these projects running. ( Their tokens, not the product necessarily).

And if these projects succeed on their platform,  the ETH "platform" will get more usecases, say for example golem succeeds into making this decentralized megacomputer, you'd still need eth -> golem to use it.


I suspect that if ETH fails, alot more crypto's are going to fail. Surely it's market price / cap will go down and up, but i don't see them being replaced anytime soon yet.

It's true ETH is mainly used for ICOs nowadays, but that's not the only reason price is quite high. There are lots of people who believe in Ethreum platform and ETH is getting a quite good amount of investments for long term. Also, you assume ICOs will end quite soon. I don't think so, maybe in the future ERC-20 tokens will be less than now and all the stupid/useless project will tend to disappear. But ICOs and pre-sales will continue to be on the market.

Currently ICOs are definitely the #1 reason on why ETH is being used, besides using it for trading. The thing is, as long as people are willing to offer up ETH to ICOs, then I don't think ICOs are going anywhere. They're making good money even without a working product. But yea, if ICOs were to stop, ETH will definitely go lower in price, unless there's some huge ETH update that makes it very useful or something along those lines.

A lot of projects are only using ethereum to raise funds for their project, and this is because it is so easy to use and develop a new contract. And ethereum contracts seems more professional, that is why it is so used by the community to create new icos.
And probably more than 40% of the total marketcap of ETH is because of ico's, and all the money that ethereum based ico's are raising right now.

Today there are about 120 ICOs going funding. Most of them - scam. But there will be more and more.

That's one of the reason why etheruem stays on the number two spot of the market and increase it's price for the same time but let us not forget that it is not the ICO alone that make's it alive and healthy, using a blockchain to replace internet third parties that keeps track of complex financial usage, Investors and ethereum Enthusiast make it also alive that have a %100 support to its great potential to the crypto market and blockchain technology.

I expect more use cases from Ethereum after the Constantinople and Byzantium updates. Not a bad idea to hold Eth through those, don't expect a downward movement this year

well ethereum and many other similar ones are platforms for smart contract. and nowadays the market for these ICOs is pretty hot and they keep being created. the ideas will never end though. idea is something that never ends. there will always be a new thing to be created.
and since the ICOs that currently come out are mostly jokes rather than real ideas, there will always still be room to improve.

as for price 2 things will change in the future.
first the huge number of useless ICOs will cease to be created and there will only be the good ones remaining.
then there will be more competition. as i said ETH is not the only platform. bitcoin will soon have RSK which enables smart contracts for it. with that the market will be distributed among all these.

result will be big price dumps in those coins that were rising only because of all these ICOs.

Ethereum's project and roadmap is much wider and complex than just ICOs. This is just the start of something great, keep reading about it! Ethwaterloo is about to end in a few hours, i think we are gonna see some nice projects come up.

ETH is created and maintained by the  Smart Contract, which allows projects to easily create their coin, which means that every project will have to depend on ETH, in the future the price of ETH will grow more than it is now. I think next year the price of ETH will increase to $ 700-1000. ETH is a long-term project, so long-term investment in ETH is the right choice

Indeed! Eth is successful because some ICO's use Etherium to host their project. The demand for eth just keeps getting higher and higher as more ICO's are om trend right now.

Nope, about the icos that just like a bonus because a lot of people are feeling convenience to use the ethereum caused by the network is ease for use. But that will give any impact to the price. Ico's booming make people are buying ether more and more.

There is no doubt that ICOs will evolve and morph. We may even see companies built for helping setting up ICOs. Some new standards may appear. But I have no doubt that the ICOs are here is to stay. We will see an acceleration over time and one day it will become the standard to start a digital business.
Once this powerful new paradigm evolves a bit more, we may have finally created the global answer to Silicon Valley -  only this time on the internet.
 

Ethereum isn't all about ICOs. Yes icos really helped ethereum to gain more transaction and even higher prices. But remember what made Ethereum create these icos. Smart contracts! So it will live above this legacy.

this is actually one of the biggest fears among ETH investors.

we all know that the ICOs played a key role in the current Ether price. and this makes the price very dangerous. which is why many believe Ethereum is still in a big bubble that needs to burst first.
and it is not just about "running out of ideas" issue. we have all seen that recently many different countries started banning ICOs and announcing them as "illegal". this can eventually put an end to Ethereum too.

If you really think that ETH success is only because of ICO, I think you should read a bit about this coin...
ETH fame is due to something called "smart contract" that has never been made before in a coin, allowing you to link a service/project to your coin, with rules.
This coin became famous for that. Then , there were a lot of ICO around that, and it increased the fame.

Don't mix all the things please...

I don't think that the world will run out of ICOs soon :)

Yes it's true and ICO's are one of the major reasons why ETH sits atop next to BITCOIN. Since only few ICO's are asking your bitcoin address rather than asking your ETH address whenever you join any campaigns from a bounty means a significant push to ETH's market value.

Well ICOs will never stop anyways.

Ethereum's smart contract system is always and will mostly be always used ICOs of upcoming projects.
They just created a system that makes it so easy for anyone to start crowd sale funding.

Yes that might be a huge factor in its price as people who are interested in ICOs keep buying and holding/investing eth. And as long as there are new projects, it will continue to have value.


It's impossible. Ideas never run out. Everyday the human brain comes out with new ideas in every margin of life. Not sure ? Compare our world today with 10 years ago.
What if it's in the field of technology which have endless opportunities ! Not gonna happen anytime soon.

Plus if we just take the crypto world into consideration, we still need a lot of development to integrate it into every aspect of our life. We need shpos, hospitals, schools, universities, pharmacies that accept btc. 

So clearly ETH it's a long-term project.

It is not correct in my opinion as ICOs flood start from some time but ETH has its own strength and its "smart Contract" option and ICOs take interest in it and comes in the market through ERC20 tokens which are ETH wallet compatible. ETH is the number 2 coin in overall crypto market after BTC not due to ICOs but its own power.

Technically, It has lots of importance, but the idea of ethereum platform quite old so can be replicated. Ethereum is a model that can be easily replicated. Like NEO, by result Meteverse is better than ETH.

I donor agree completely because even waves giving ability to create smartcontracts even more functionality than ether leasing and own dex decentralised exchange and can able to create new tokens in 1 waves in few minutes even it couldn’t reach value like ethereum. Ethereum backed by big whales like Microsoft and others now it is the only competitor for bitcoin in crypto world.

Even if it is why would they end?

Yes, what you say is very reasonable. With the recent rise of the ICO on the blockchain Ethereum, traders and investors have mixed views on the impact of this fundraising method on mathematical prediction. Many argue that these tokens will promote demand for their base currency, is Ethereum. Almost all ICOs are stored on the Ethereum blockchain because of the simple fact: With the ERC20 standard, this blockchain provides seamless and easy tokens release through an intelligent contract. I think this may be the reason many people hoard ETH and invest in it and promote it. This is just my opinion.

That's correct speculation about ETH and ICO relation but one thing is sure that ICO will never go down. As many countries are now accepting it in legal way its getting even better for ICO and they are KYC verified. This means people will never stop investing as there money is more secured as compared to previous ways of investing.

If in any worst case, all the ICO are gone then ETH still rule the world because other alts will be traded against it for its higher prices and keeping the balance of market cap the same as it is now. But that's just what I think, and things could be worst. ETH ~ 0

Yes you are actually right, ICO's usually use the Ethereums blockchain because it is much faster than that of bitcoin. And that is also the reason why people are buying more Ethereum coin too.

and what about hardfork anyone knows when it will be?

Nobody can correct cause we are unable to foresee the future, which brings us to the fact that we don't know for sure and probably cannot know. So at this very point we just can presume that ETHERIUM will decrease due to a lack of good projects and reluctantly of new investors- the problem, however lies in correct usage of those as many would clearly and correctly argue that it's hardly possible and unlikely to happen