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Author Topic: Too many ICOs?  (Read 9152 times)
shamzblueworld
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September 29, 2017, 04:55:32 PM
 #1

Do you feel lately there have been too many ICOs that have entered in the market?
How do you perceive this? Does it portray that crypto is getting popular everyday now?
Or does it mean that its just a trending business nowadays and people who are founding/investing on these ICOs are just using these to make billions themselves with the sole purpose of profit and not enough invention is being offered?
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September 29, 2017, 05:05:50 PM
 #2

It is normal, because ICOs are new trend. Also people who did hyips in the past are now making ICO.
It is the fastest way to make money.

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September 29, 2017, 05:17:57 PM
 #3


i also notice that icos are trending now
first because of the benefit of acquiring cheap price and 2nd meeting the community
but there are also disadvantage for scam icos are everywhere and usually the coin dumps lower that the ico price
everything is a risk i guess

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September 29, 2017, 05:22:10 PM
 #4

You need just to choose best companies to participate in bounty or to buy tokens.
Anyway now we making history and this is very great!!!

Soon etherium will cost 1000$ because of so much ICO Smiley

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September 29, 2017, 05:33:38 PM
 #5

Its normal for many new ICO to pop up because its a great way to fund a ceratin project or business and their had been lots of investor getting interested on it.

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September 29, 2017, 05:45:01 PM
 #6

too many ICOs, too many scams, so reading the whitepaper is so important

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September 29, 2017, 05:49:26 PM
 #7

It's sad to see Korea ban ICO as well , luckily they not ban bitcoin !

ICO usually make quick money but it's just like gamble since they are play with speculation project and have potential for being scam but not all project did this !
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September 29, 2017, 05:57:00 PM
 #8

I agree that there are more than enough ICOs out there. Some of them are really good projects that will bring something different to the cryptoworld and unfortunately most of the rest are scams. I don't think this is strange because when there is money it's always crowded there. If people don't fall in to their traps they will eventually fade away.


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September 29, 2017, 05:59:08 PM
 #9

When there are people throwing money at ICOs there will be a lot of them. As people get smarter and do a lot of research before giving money to an ICO then they will slow down.

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September 29, 2017, 06:02:25 PM
 #10

Yes,too many icos in the market that full with scam.
Eventually,just a few of them will succeed.

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September 29, 2017, 06:03:59 PM
 #11

Let them pour money into these dreams and talk scam icos.

People have to learn the hard way. Some will get to unload at a profit but the majority of long term holders will be burned hard. Very few of these projects will produce anything of real world use before the dev funding runs dry and they devs run to start another ico.

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September 29, 2017, 06:17:35 PM
 #12

There is way too many ICOs these days and it's due to the success of many ICO projects.  People want to cash in on the game while they can and I don't blame them.  Cryptocurrency is a serious business and can be very successful.  Only invest in projects you believe in and avoid the rest.  If you invest in every ICO out there, you'll probably end up losing money. 



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September 29, 2017, 06:26:52 PM
 #13

Many means freedom of choice, and this is all about decentralization, to bring opportunities for all without discrimination. If someone prefer the old IPO model, it still exists, and it is not for all !

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September 29, 2017, 06:43:42 PM
 #14

Yes, way to many its insane! 90% won't keep up I would say, only here to make money!

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September 29, 2017, 06:49:59 PM
 #15

Do you feel lately there have been too many ICOs that have entered in the market?
How do you perceive this? Does it portray that crypto is getting popular everyday now?
Or does it mean that its just a trending business nowadays and people who are founding/investing on these ICOs are just using these to make billions themselves with the sole purpose of profit and not enough invention is being offered?


Yes I can clearly see there are lots of ICOs out there, but I can also see that many are for good for sure....I mean I believe they're raising funds in order to develop their idea/project/platform
I'm actually in the same boat (or to be more precise will be soon)....We're working at my current employer (that is a well-established company) to launch an ICO soon for a brilliant blockchain-based platform that will serve several verticals/Lines of Business   

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September 29, 2017, 07:02:52 PM
 #16

Do you feel lately there have been too many ICOs that have entered in the market?
How do you perceive this? Does it portray that crypto is getting popular everyday now?
Or does it mean that its just a trending business nowadays and people who are founding/investing on these ICOs are just using these to make billions themselves with the sole purpose of profit and not enough invention is being offered?


   I have the same feeling, and I thought that it is cause I am new here. I am thinking is that real, some new ICO`s are gathering a lot of money, millions and for some ICO`s
much more, is that possible that all of them have so many supporters? Is that why bitcoin price is going down, cause people were more interested in this ICO`s and investing
in them?
   Too many ICO`s can be explained with bitcoin popularity, now more people believe that crypto currencies are the future and that is all cause of bitcoin, now everyone wish
to make something like bitcoin and many of this tries will fail, question is which one. We should be wise when we choose in which ICO`s we will invest our money, I choose
some already but now I am making a break cause I do not know where to look, my twitter and facebook pages are full with new ICO`s.

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September 29, 2017, 07:06:35 PM
 #17

I usually don't like to invest in ICOs which don't have anything new to offer but few of the ICO where I have invested before have done pretty well because they were offering some real life solutions which other can't.

Its quite hard these days to find out potential ICO/project to invest into but a deep research on every ICO can help you to determine profitable ICO.

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September 29, 2017, 07:10:24 PM
 #18

The majority of the ICOs are redundant project of a concepts which often are already strongly established in the market. Only a few show some degree of innovation and novelty. I keep trusting ICOs less and less.
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September 29, 2017, 07:10:31 PM
 #19

the existing crypto technology can't really support most of the decentralized apps, so many of these projects may only be used several years later if everything goes as planned. i think there will be a lot of investors losing tons of money.

                                                                               
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anasso
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September 29, 2017, 07:23:40 PM
 #20

too many ICOs, too many scams, so reading the whitepaper is so important

not only the whitepaper!

every investor must see team developers, road maps, and they reply's to critics

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