Firefly Foundation
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October 13, 2017, 02:07:28 AM |
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ICO can be used for a wide range of activities, ranging from corporate finance to charitable fundraising to outright fraud.
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JaredStein
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October 14, 2017, 01:18:27 PM |
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ICOs is one of the worst things that could've happened to Bitcoin, but in a way it's kind of good because you'll have people realize after that Bitcoin is the real safe haven.
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TomUyamot
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October 14, 2017, 01:24:23 PM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
This will push their ICOs to the roof. Those projects conducting their ICOs this October are very lucky because bitcoin is performing really great. The high soaring of bitcoin does not end yet. We still have several days left before the friendly fork is happening. I am seeing a $10,000 bitcoin price within 2017.
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13abyknight
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October 14, 2017, 01:26:40 PM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
This is a really hard period for ICOs and altcoins in general. Holders are dumping everything in their hands just to get enough BTC before the fork and don't expect altcoins to stabilise for a till November as investors are more interested in making profit off the chain split.
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kuyaJ
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October 14, 2017, 02:37:01 PM |
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I didnt heard any case of that kind of things that happen, but in that case there are too many ICO will get banned but we dont want this so too many bitcoin users or ICO member do what they can. ICO is the thing that can help us and too many people do join in ICO because we believe that it can help us more than what we think.
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Lipe490
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October 14, 2017, 03:45:56 PM |
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This fork thing will be temporary negative for ICO's and also Altcoins. We should see a blood bath 25 october because people will sell their positions for BTC and have a piece of Btc Gold. Whoever is planning to launch an ICO by this day won't be selling too much with bitcoin, but those who accepts Eth, Dash, Decred will be fine maybe. I have seen some dev from ICO delaying the launch and the end of their Pre Sale because of this FORK.
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lighpulsar07
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October 14, 2017, 09:22:54 PM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
well this will affect on ico great since they are rely on the target price in dollar they might reach the target amount early than expected but on thr other hand, this might rise problems too due the fact that price is veru high and also, they are saving bitcoins for the hardfork they have struggle to find new token holders.
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rayneh
Sr. Member
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Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
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October 14, 2017, 09:35:56 PM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
well this will affect on ico great since they are rely on the target price in dollar they might reach the target amount early than expected but on thr other hand, this might rise problems too due the fact that price is veru high and also, they are saving bitcoins for the hardfork they have struggle to find new token holders. As you said about great ico there are many ico which is already reached to it's goal now a days people are making good ICO means there main aim and goal is pretty good which can bring a best thing to the world. So like that these cryptocurrencies reach to it's maximum goal.
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Mpamaegbu
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Once a man, twice a child!
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October 16, 2017, 09:45:36 AM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
You raised a valid point, honestly. But I think that apart from the devs expectedly taking that fluctuations into consideration in their estimation, the total units of coins sold should be the major concern. We have always known these ICOs to reveal to the public the total units offered and days sold off should be concluded. I believe the devs focus is on the units of sales more than the total cash raised because they already have that figured out.
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sublime5447
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October 16, 2017, 10:01:52 PM |
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of course this will impact widely, when the price of Bitcoin fell and some of Altcoins also follow because they have a similar market share and may contributing to each other. it happens because the most profitable in this industry is still Bitcoin.
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cotton ball
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October 16, 2017, 10:17:08 PM |
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With the recent forks coming soon, we are starting to see a huge appreciation of BTC...obv everyone is buyng now My question is...wont this affect ICO's? A lot of them recieve btc investments and they could hit they hard cap 20-25% earlier due to the increase of BTC price. Wont this force them to close the ICO, and raise a lot less than eventually planned...if we compare to dollar price.
You raised a valid point, honestly. But I think that apart from the devs expectedly taking that fluctuations into consideration in their estimation, the total units of coins sold should be the major concern. We have always known these ICOs to reveal to the public the total units offered and days sold off should be concluded. I believe the devs focus is on the units of sales more than the total cash raised because they already have that figured out. This is a problem because some ICOs fail for two reasons: less popular than similar ICO projects, and their sales fail because of the bitcoin fluctuation rate. The best solution is to add as many payments used so that their benchmark price is USD. Many ICOs suffer bad luck due to significant increases in bitcoin prices but they can be well covered from stagnant payments of ethereum and litecoins.
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