Why So Many ICOs — What Does It All Mean?

[ledu_ico]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

[Chan8]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Not surr what this post is about. But we are starting to see a bare market for ico now. Seems to be a cash grab for alot of these ico projects. I think people are starting to realize this, after the fomo effect.
So alot of people has lost coins or in the negative and some folks had made or will be making alot from the icos theyve invested in.
Theres a few projects out there thats very promising.
Me, i hate icos. Causes my eth to drop in price lol.

[asdalani]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

$7,000 for a single Bitcoin is one of the reasons why many altcoins will fail, there will be people that know that the altcoins that they have aren't needed.

[salterious]

It means that whoever is running these ICOs has gotten extremely greedy in 2017. If you were trying to raise 10 million last year it would been good luck with that but now 10 million is a dirty sock on the roadside. As long

as the valuations get tame and are more reasonable then ICOs should exist but being this greedy is pure trash. For this reason I currently dislike ICOs a lot.

[dumplingsandsushi]

Basically, it means that the ICO market is in a bubble, and will burst.
In fact, I believe it is already bursting.
How many of these ICOs are actually successful?
How many people put money into an ico an lose money or not get what they were promised?
How many of these people will do an ico again?

Right now, ICOs get a lot of money off of those new to crypto with dreams of becoming a quick millionare.
Hmmmmm...where are all those millionares that earned it through an ICO?

Also, it is common knowledge now that you can anticipate the prices to crash below the ICO price after it hits exchanges.

So, basically, just cause there's a lot doesn't mean its good.
In fact, it is quite the opposite.

[BogdanGFTP]

It's mean that crypto is in bubble, but nobody knows when it will be crashed.

[Hermes Mercury]

In my opinion there are two visions:

Negative view: A means of making money on top of others, scam, spam, flods, take advantage of the volatile market, suck as much as possible


Positive vision: Now is the time to realize dreams, take the paper and put into practice, things that a few years ago was not possible.

[TwSeventh]

ICOs mean Initial Coin Offering,
what does that mean ? they're selling their coin to get money from it and increase the financial for the project.
why so many of them in here ?
because they can collect a lot of money without doing too much money and it's very easy.
most of them created it just to get money from it,
only a few of them delivered what they're aiming for.
just look at our ICOs right now,everyday we can see another project and offering an ICOs.
from 1000 Projects,only 5 that have a good preparation and seriousness.

[Guddini]

The answer is obvious, because it is profitable, the money that ICO collects, many even dream of such amounts can not, it's like the development for real projects and fraud for those who want to deceive us

[KingScorpio]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

urban societies with high population simply have very diverse economies, if you then observe them in the internet, which is the main communication hub,

then you simply will get a lot of ICOs

if the economy isnt capable to lend and invest diversly enough which i doubt the current financial system can,

then enterpreneurial creativity gets limited, and the society gets more communist style standardised,

i hope that helped you

regards

[suncokreten]

There are many ICO's going on these days, which of course has positive and negative sides.

Some people take advantage of current situation to finally realise their long term dreams/ideas and actually create some added value, while some people see ICO's as a money grab (unfortunately more and more people do so).

Looking forward to seeing ICO's being regulated, but until then, carefully pick the ICO's you will invest in. Noone needs $45m to write a 15 line code.

[X - Mas]

this is ICO bubble,,
people are trying to become a part from this revolutionary,
because they miss the bitcoin train,,

[xaviervilla]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

I agree with you. The thing is, the price dropped amd continued to drop. This is just a correction of the price of things back then.

Now, the reason about this is greed. Amd to scam peope. While others really have a great concept and can really do help better the crypto currency world as a whole. But most of th are just freaking scam projects! And i have become victim to this  many times before. Good thing i learned because ofy experience. I wont let people asc me ever agan.

[PPleaseman]

Hello. A lot of people hav e a lot of great ideas and there is money to be made (with almost no regulation or laws). Its like the Wild West.

Cheers

[disconnectme]

It is very easy thing to do now, because it is a very easy means of raising money, once you can write a good marketable whitepaper and add one or two well know advisory team to your team, people will give you their money. To be sincere it is now a big concern because that means the rate of failure will be very high

[whofeelsitknowsit]

Not surr what this post is about. But we are starting to see a bare market for ico now. Seems to be a cash grab for alot of these ico projects. I think people are starting to realize this, after the fomo effect.
So alot of people has lost coins or in the negative and some folks had made or will be making alot from the icos theyve invested in.
Theres a few projects out there thats very promising.
Me, i hate icos. Causes my eth to drop in price lol.

Bear market

[indrakusumaindra]

thats mean the cryptocurrency became more biggert than before. many more business using the blockchain technology and make their own coin as a modern stakes. its help the business a lot.

[hastag_80]

The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

In my own opinions why so many ICO project,because its promote each and everyone there own altcoins to the world of digital currency,by means of blogs,twitter,campaign or any other kinds of ideas to promoting there own coins as a modern stakes .ICO is so helpful they give us job especially we  the beginner  in bitcoin to  have a profit  and earning so that we can use it for the 2nd level of being traders of bitcoins and altcoins.

[Raegorl]

People saw ICOs as an easy way to make bank and retire... I'm glad that the crypto market finally caught up on this and the funding for shady and suspicious projects has gone down by a lot (and people profitting from flipping the coins instantly on the market as well).

[shield132]

Everyone loves easy money and some people are addicted in searching of it's way but however it doesn't exist or you have to be luckiest one. Some ICO's were succesful in past, people has seen that it was easy and great way for profit, so what others wanted? To create ICO and attract people, some of them just scam, some of them gives promises and then fail but finally people are looking something powerful for easy profit, that's all.