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Author Topic: Too many ICOs?  (Read 3660 times)
Warren Buffert
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October 05, 2017, 06:42:02 PM
 #141

Definitely too many to count, there are probably some nice projects which are denied funding because of the amount of other ico's being done.

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October 05, 2017, 07:32:38 PM
 #142

Yeah I agree it's so hard to find trustworthy ICO's that will actually make it to the soft cap now.


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October 05, 2017, 08:05:02 PM
 #143

There are too many ICO's going on but RPX is best among them
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October 05, 2017, 08:26:13 PM
 #144

It's exactly the same with any new technology, few people create it, more people adopt it, then everyone else jumps on it! It happened with websites on the internet itself; who remembers the crazy old websites that appeared in the early 00's? There are still lots of them popping up today, however the bigger, better websites (such as interesting blogs, news, streaming and social websites) retain their popularity for their great concepts, support and following. That's how ICO's will evolve too. Many will come, many will go. Only the strongest and most well-thought-out will prevail.

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October 05, 2017, 08:35:04 PM
 #145

Indeed there are too many useless ICOs, they are scam to fool investors, try to avoid them.
With the amount of scams that are out in the cryptospace, it's kind of easy to make money before the scam happens. That is how we make money from trading...


True. But risk what you just can afford to lose.
A lot of monitoring will be used just so you could know when is the right time.
You will be like a cctv of one ICO that you know will be dumped after the trend happens.
But still I would love to support those who are true and reliable with a better service like what I am supporting now.
If you are an investor you would really do such thing on which you would really act up as a CCTV monitoring all the possible things to happen and at the same time you would be a researcher on the newest update on a certain project which would you see that it can really affect into its price.

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bitroxis
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October 05, 2017, 08:43:42 PM
 #146

Well, I think the abundance of ICOs - so, of ideas - is a good things. Since there is no "authority" regulating them, this "market" will eventually self-regulate, and the good projects will grow and prosper.

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October 05, 2017, 08:56:43 PM
 #147

Quick and easy way to make money, also a quick and easy way to lose money.
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October 05, 2017, 09:02:18 PM
 #148

I agree with you, there are many ICO now and I think its a good thing that there are many of them out there.
Though most of them might be opening this ICO because of the gain and not for inventory purpose.
If there is a few of them, there will be high self regulatory and it won't be well circulated.

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October 05, 2017, 09:15:04 PM
 #149

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, now it seems like everyone who are not too lazy are creating an ICO. Yesterday I heard about Banana coin, the ICO of banana producer.
I think producers and firms found a good way to skip all those bank's credits for their activity. Meanwhile that is making crypto currencies more known and popular.
This year could be called the year of ICO in crypto world.

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October 05, 2017, 09:27:56 PM
 #150

In my Inbox now more than 200 emails in the last month with new ICO startups. I record the indicators (Alexa, twitter, telegram users, slacks users) and a week later I check again. Where I see the increase in indicators (messages, followers, announcements), I start to look more closely.

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October 05, 2017, 10:16:08 PM
 #151

Now we can see that the amount of ICO increases. And it will grow in the future, I think, because it's a really good way to raise money rather fast. And the blockchain tecknology is the tecknology of the future.

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October 05, 2017, 11:21:05 PM
 #152

I think ICOs are the biggest trends of the btc era and it is normal to see big rises of the new enterprises like that. I can not guess the percentage of the successes, but I think it is really important invest carefully.

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October 05, 2017, 11:29:28 PM
 #153

Yes, there are WAY too many ICOs.

That's why you need to narrow the list.

It's not enough anymore to have only a single page website, video and white paper.

They need to prove that they can write code.

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October 05, 2017, 11:32:43 PM
 #154

use trustworthy review sites to find better icos

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October 05, 2017, 11:40:08 PM
 #155

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?

Probably but this is an open market and everyone has the right to create their own project but we reserve the right to invest in any of those projects besides I think the reason for the proliferation of such projects has to do with the fact that a lot more money is riding in crypto at the moment.

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October 06, 2017, 02:07:57 PM
 #156

Quick and easy way to make money, also a quick and easy way to lose money.
definitely agree  Wink
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October 06, 2017, 02:41:32 PM
 #157

I do believe that the market is getting saturated, but it will eventually even itself out.
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October 06, 2017, 03:02:13 PM
 #158

I do believe that the market is getting saturated, but it will eventually even itself out.
I agree. Though I'd clarify that IMO market saturation will arrive when the crypto stops fast growth, so there will be less of the get-rich-fast appeal attracting the extra high number of investors. Regulation may limit ICOs too.
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October 06, 2017, 03:22:10 PM
 #159

i think now, too many new ico, its make many project over and make manager hurts.
payment bounty to slow distribution and have much risk, but it also make bounty hunters very antuciate to follow much bounty.

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October 06, 2017, 04:50:08 PM
 #160

Definitely too many to count, there are probably some nice projects which are denied funding because of the amount of other ico's being done.
Although there is just too many ICO's out there, people will still need them if someone would want to begin a 100 percent legit project that needed the money. It's kind of hard to state if an ICO is good or not.

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