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Author Topic: Numerousity of ICOs and Coins: A Blessing or Curse?  (Read 78 times)
Opurum
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October 04, 2017, 04:40:59 AM
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Just thinking... the exponential growth in  ICOs recently is a trend that could have diminshing effects on the value of tokenized investments. I so think based on the following assumptions: 1. Investment fund is scarce resource 2. Every potential investor is rational with resources 3. More ICOs = more investment alternatives for would be investors in the market, which also implies increased substitution for existing coins. Based on the assumptions above, the likely scenerio in a multiplicty of ICOs would be that fewer investor funds would chase more supply of  ICO products in the market and naturally push down the demand for already existing coins. And of course, lower demand translates to lower token prices.

What do you think, guys?

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October 06, 2017, 06:30:26 PM
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But also more and more people knowing about bitcoin and altcoins. So money just pour in cryptocurrency world. And actually nobody can't control it Smiley
So the Genie was let out of the bottle!
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