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Author Topic: the icos are the cause of the fall of bitcoin?  (Read 490 times)
winterland
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June 29, 2018, 02:35:03 PM
 #41

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

If that is the case then people are really dumb to think that, no one forces you to invest in icos, in fact in order to do so you need to take several steps, you first need to buy bitcoin and then you need to find icos exist at all, the first time I invested in bitcoin I did not even knew something like icos existed, and then you need to find one to invest and send your money to the developer of the ico, as you can see you need to take several steps before investing in an ico and in every single one of them you can choose to not do it and avoid losing your money that way.
brascopck
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August 03, 2018, 07:10:14 AM
 #42

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?


Nope, i think ICOs are not the reason why the price of bitcoin crashed. ICOs have nothing to do with bitcoin, there are many good ICOs scam on the old days with many ETHs scammed but the price is still stable but all is different if an exchange become a scam or hacked, the bitcoin price will fall for sure, following with other alt price too.
so98nn
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August 03, 2018, 12:28:47 PM
 #43

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?


I agree, and it is so ironical that bitcoin's sky-rocketing increase was the reason that all these ICOs emerged in the first place and now they have become the reason for bitcoin's price fall. ICOs are sprouting up like weeds, and so many of them are scams. Only a few of them have the capacity to sustain the market, and their emergence is in part due to investor ignorance and greed.

This trend needs to stop soon if we want to see a true bull run.
rickadone
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August 03, 2018, 12:36:18 PM
 #44

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?
I doubt it, people did really lost a lot of money to shady scam coins that started out their "funding" through ICO's however comparatively speaking people still have billions of dollars invested in the big coins (aka the top 25 coins) so even if there was a lot of money involved and invested during the ICO craze of gold rush, it was still not as much as the rest of the market to be honest and you can clearly see that market is the one that is down initially which causes all of this.

Yes, losing a lot of money on ICO did cost people to get out but mainly it was the so sudden spike at price that was unsustainable that caused all of this bear market.
wxa7115
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August 03, 2018, 02:33:03 PM
 #45

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

While icos are a problem, the biggest problem is the mentality of those that enter in this market thinking they will make millions of dollars in just a few weeks by investing in icos, if they did not had that mentality then it will be impossible for icos to be as successful and there will not be so many of them, however I think that in the next years we are going to see a new kind of investor the kind that will only invest in the best coins and that is not going to waste his time investing in icos, after all the profits that you can get out of bitcoin are still enormous compared to what you can get in the stock market and this process will probably accelerate if the economy of the world begins to show signals of weakness.
Irvinn
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August 03, 2018, 07:00:30 PM
 #46

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

The situation with the drop in the price and popularity of bitcoin has practically nothing to do with the fraudulent ICO projects. The main reason that bitcoin fell in popularity is that it was deliberately pumped up by December to increase its value, after which it fell sharply in the price of correction and many investors suffered losses. For seven months, bitcoin is only one-third of the cost of its December price. The myth of the constant increase in the price of bitcoin and the constant profit from its retention has collapsed. So what's with the ICO projects?
Abolaji11
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August 03, 2018, 09:03:08 PM
 #47

In my opinion,  bitcoin falling/rising doesn't have anything to do with people being scam on icos. Bitcoin falling is mostly due to whales manipulation, fear from newbies, government threat and so on. So people who got scam on icos should do their research well before investing or they should choose to invest on established top coin that has a very low rate of exit scam.
Oceat
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August 03, 2018, 10:12:48 PM
 #48

every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?

The market only depends on the demand and supply so from my point of view investors are switching from altcoin to Bitcoin because they can no longer get a good profit from those scams ICO everywhere. So if investors will going to switch from altcoin to Bitcoin you'll know what will going to happen to the market of Bitcoin compared to most altcoins.

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Clark05
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August 03, 2018, 10:35:30 PM
 #49

ICO's have big effect to the bitcoin price maybe they are cause of falling because of the scam ICO but it is helpful to increase the price of the bitcoin. Because if their project are base to bitcoin the investor buy bitcoin and they invested to their project.
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