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Author Topic: When ICO rush will stop?  (Read 1218 times)
piloder
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November 10, 2017, 08:59:54 AM
 #41

Its more like decentralized crowdfunding and crowdfunding will never stop but rush over ICO specially people being fooled by scam projects must be stopped. There are still many ICOs without any legal registration and no any beta products. Only a plain whitepaper + big promises of profit sharing is being enough to attract millions of dollar which will soon stop when people will realize that not all ICOs will be successful.
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November 10, 2017, 10:51:33 AM
 #42

Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
When do think will this rush stop and why? Huh

I think that we can already see a decrease in the amount of ICOs.
And not only that, we can see a decrease in the amount that ICOs are trying to draft.

The first ICOs market cap was very crazy and they tried to draft 100M$ and more, because there are more ICOs now, the competition is much bigger and it makes it harder for an ICO to start with 9 numbers market cap, so they are setting a lower cap which makes the growth potential bigger.
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November 10, 2017, 11:12:48 AM
 #43


I think that we can already see a decrease in the amount of ICOs.
And not only that, we can see a decrease in the amount that ICOs are trying to draft.

The first ICOs market cap was very crazy and they tried to draft 100M$ and more, because there are more ICOs now, the competition is much bigger and it makes it harder for an ICO to start with 9 numbers market cap, so they are setting a lower cap which makes the growth potential bigger.



Quote
I think that we can already see a decrease in the amount of ICOs.

lol, i cant see that ico's are decreasing rather its still increasing day by day. ever single day i can see that theres been always a new ico that has  been born and some  are just popping like a mushroom.though most of them are just shady and seems to be scam , so i guess its  better if someone can invent a kind of registration method or some kind of system to be able to track who is legit or not.
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November 10, 2017, 11:18:42 AM
 #44

i think the ico will still continue if the dev see there is opportunity to them to create something different to crypto currency worlds and they can give benefits for their investor and customer. if there is nothing that they can do then i think they will not release ico again and they will find a new way to create new coins. but if the dev really wants to make his projects can survive for a long time then the dev need to be focuses with the project and make sure that the project can work properly and gets success.

bribed
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November 10, 2017, 11:44:15 AM
 #45

most of them are just shady and seems to be scam , so i guess its  better if someone can invent a kind of registration method or some kind of system to be able to track who is legit or not.

That is also my thinking. The market is totally overloaded at the moment and nobody, even the freakiest cryptonerd, can monitor all thats going on and seperate the scams from the legit ones. So a system with whitelisting/blacklisting for ICO's would be great, or maybe a general site where people could post redflags of suspicious ICO's would be a start. If you start a thread here, it will most likely not get seen by many people. So a website that is only dedicated to that would be great!
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November 10, 2017, 01:37:22 PM
 #46

ICO rush will stop soon. I think forkcoins are going to be the next ICO. I mean look what just happened with Bitcoin Gold. There was this huge rush and huge marketing campaign and all these people were talking about it, but nothing is coming of it because the devs probably just used it to pump and dump the price. What did people think was going to happen? They're all scams.

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November 10, 2017, 01:44:00 PM
 #47

ICO rush will stop soon. I think forkcoins are going to be the next ICO. I mean look what just happened with Bitcoin Gold. There was this huge rush and huge marketing campaign and all these people were talking about it, but nothing is coming of it because the devs probably just used it to pump and dump the price. What did people think was going to happen? They're all scams.
That's not fair, ico rush won't end in a short or long. This will continue, because we're in the early days of blockchain technology into usage. Based upon the same more and more projects with blockchain as the base keeps entering the marketplace with vision set to be reached after years. So, growth through ico keeps the cryptocurrency community grow.
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November 10, 2017, 04:26:03 PM
 #48

It never stop. ICO is the effective way to mobilize capital. They won't stop. Maybe their ideas can repeat. But it is no problem. The important is that who do better?
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November 10, 2017, 04:56:01 PM
 #49

perhaps it is very unprobable for ICOs to stop completely, but we'll see less of them as the already existing tokenized projects fail to deliver.
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November 11, 2017, 12:56:17 PM
 #50

I think ICO rush won't stop unless people are cautious in investing in ICO.
Because it is not that hard to create a fake whitepaper and team.
There are lots of Scam ICO's who got million of dollars from Crowdsale.
For that reason people are not noticing the real and good ico.
And few Government's are also trying to regulate ICO.
tangbori
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November 11, 2017, 05:27:51 PM
 #51

Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
When do think will this rush stop and why? Huh

ICO rush can't stop now just go in there and get promising altcoins so we can get rich.
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November 11, 2017, 11:52:50 PM
 #52

I think ICO rush won't stop unless people are cautious in investing in ICO.
Because it is not that hard to create a fake whitepaper and team.
There are lots of Scam ICO's who got million of dollars from Crowdsale.
For that reason people are not noticing the real and good ico.
And few Government's are also trying to regulate ICO.

ICO still will continue because we believe that ICOs are truly revolutionary and will continue to evolve and will become an amazing vehicle for developers, entrepreneurs and investors who are looking to innovate and change the world by just showing their concept aka a whitepaper. It's our decision how to choose the best ICO, we have to be very careful and always check the background of the team creating the ICO.
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November 12, 2017, 01:14:58 AM
 #53

Regulators already came down on ICOs without much avail, so I don't see much changing on that front.

The ICO rush will stop once people stop throwing their money at overvalued projects of questionable viability which I don't think will stop anytime soon. The market definitely has cooled down a bit, but it seems to be rather easy to just pump out worthless vaporware ICOs, so this "business model" could stay profitable for quite a while still.
I concur. When the investors had become smart enough to be picky in choosing what projects worth throwing their money. Since some are having their hopes up that it would multiply their BTC a hundred times or more then they tend to throw their money to whatever project that is which, basically, the concept had been made by other projects also.

Sure it will continue for awhile but when the investors became smart enough then repeating convepts of projects like this would slow down and so as ICOs since it needs brain power to craft a unique concept.
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November 12, 2017, 03:02:08 PM
 #54

Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
When do think will this rush stop and why? Huh
No one can really say but as we start seeing more regulation of ICOs, we will start seeing some reduction in them and we will only get to see those who are serious and not just ready to do away with people's cash. However, it is a new era and I must say the rush is still going to be very much consistent for a while. So many ICOs are gradually coming up every day and I am surprised that investors are not getting tired. Grin
keiser9000
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November 13, 2017, 08:26:24 AM
 #55

To understand when the ICO rush would stop, we need to understand who exactly is the one who really wants it.


Governments  seem don't care enough, or no resources for them to stop it.
Who else?
Kevin77
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November 14, 2017, 06:38:54 PM
 #56

Certainly so. ICO projects that come quickly and leave no impression on investors will have to stop quickly. There are currently too many ICO projects but not much success. Investors are more cautious with the ICO.
Most investors are getting smarter each day and that is a good thing. The reason why we are having so many ICOs now is because there are still some naïve investors who just drop cash for any project they see. A time will come when people will only start investing in projects with value  and discarding unreasonable projects and with that we will hardly be seeing any scam ICO in the community or worthless ones.
hisuka
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November 14, 2017, 06:51:52 PM
 #57

To understand when the ICO rush would stop, we need to understand who exactly is the one who really wants it.


Governments  seem don't care enough, or no resources for them to stop it.
Who else?
Everyday there are many ICO's that are new so in this case we couldnt say when it will stop. Maybe I guess it will rush stop those without plan to develop their project. They just wanted to hype the investors so they can earn money.
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November 16, 2017, 06:47:06 PM
 #58

Its more like decentralized crowdfunding and crowdfunding will never stop but rush over ICO specially people being fooled by scam projects must be stopped. There are still many ICOs without any legal registration and no any beta products. Only a plain whitepaper + big promises of profit sharing is being enough to attract millions of dollar which will soon stop when people will realize that not all ICOs will be successful.

True words. It will take some time until people realize that many ICO's wont achieve what they are promising. It will be in fact as with all other startups: 9 out of 10 will fail. In fact, with ICO's its likely that even more will fail, because they dont even have a MVP, in many ICO's people are investing in a vague idea, described with big words in the "whitepapers". Many wont be able to deliver anything due to a lack of skills. Just by throwing a lot of money at someone doesnt mean that this person or team can suddenly achieve everything. On plus there are these huge money grabs that are hurting the whole space, how can we throw hundreds! of millions at projects without anything to show? There is a reason for VC funding rounds, its to protect investors, and for the good of the startups as well. But crypto space has to learn this the hard way.
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November 16, 2017, 06:57:45 PM
 #59

I do not see ICO stopping so soon as there are so many project that are involved. Rather I believe that project proponent will go deep to work on their projects that will surely impact on the needs of humanity. It may slow down but will continue.
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November 16, 2017, 07:02:41 PM
 #60

If there are investors willing to pour out their cash to a ICO, then there will be no stopping them. Mind you, there are really good ICO out there very unique project. So they won't also be stop. Yes, it may slow down, but we all know people are always thinking of a good project to come up and introduce to the market.

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