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Author Topic: How far below the ICO buy in price can a coin could possibly go?  (Read 203 times)
Bullitz (OP)
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November 22, 2017, 03:04:46 AM
 #1

Hi,

I'm new to ICO's.  I have a question about how far below the ICO buy in price can a coin could possibly go?

In theory:
People invest in an ICO at $0.01.  It comes out on the exchange at $0.03.  Many people are going to sell for a quick profit which will reduce the value/price of the coin.  Obviously, they will not sell for less than what they paid, $0.01 (or very few, would).  Therefore, theoretically (if there were no miners selling coins they mined for "free"), the price shouldn't drop much below $0.01. 

Am I missing something?  Is it possible in the rapid post ICO dump, that the price could go far below the ICO buy in price (i.e. $0.005 or less)?

dillpicklechips
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November 22, 2017, 03:31:07 AM
Last edit: November 22, 2017, 07:37:29 AM by dillpicklechips
 #2

It depends on the market. Basically it falls to the basic economic principle, supply and demand. There are coins who are oversupplied hence it would be hard, when it reaches exchangers, to maintain or be above the ICO price. Another, even if the coins supply is low but the demand is also low then most likely the price will go below the ICO price.

As an investor, you should know yourself if the ICO price is justifiable by checking the supply and how great the project is which will lead to a demand of those coins.
Chamone
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November 22, 2017, 03:40:34 AM
 #3

The price can go well below the ICO price initially as there will be people offloading coins they didn't pay anything for - advisors, bounty hunters etc.
HabBear
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November 22, 2017, 03:46:31 AM
 #4

$0.00.

The lowest the price can go is $0.00.

Most ICOs are rubbish, which one are you specifically considering? Seriously, most are ponzi schemes and should be avoided. How do you get into this one? Do you have to give them Bitcoin for the promise of some fantastic return?

Theories aren't always reality. People will sell at all prices if they believe that waiting a minute longer will give them less value to cash in.
Bullitz (OP)
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November 23, 2017, 12:57:00 AM
 #5

Thanks guys, much appreciated!
odolvlobo
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November 23, 2017, 04:40:05 AM
 #6

I'm new to ICO's.  I have a question about how far below the ICO buy in price can a coin could possibly go?

It could go to 0. If nobody wants to buy it, it's value is 0. It could even be negative if for some odd reason you might want to pay someone to take your coins.

...  Obviously, they will not sell for less than what they paid, $0.01 (or very few, would). ...
That is a fallacy. People sell at a loss all the time.

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Makak4R
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November 23, 2017, 04:44:39 AM
 #7

it is really hard to tell! after some ICOs price is skyrocketing
after other - dumping like a hell
so very, very project and developer question I guess
take for example - ETN, it is dumping heavily!
romani245
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November 23, 2017, 05:01:02 AM
 #8

Hi,

I'm new to ICO's.  I have a question about how far below the ICO buy in price can a coin could possibly go?

It can go to zero. It can get to the point where there are no bids on the order book. The token could be delisted from exchanges (or never listed in the first place). At that point, it's basically worthless, since you can't exchange it for anything of value.

You bagholding some tokens? Smiley
MiningDoc
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November 23, 2017, 06:43:32 AM
 #9

Hi,

I'm new to ICO's.  I have a question about how far below the ICO buy in price can a coin could possibly go?

In theory:
People invest in an ICO at $0.01.  It comes out on the exchange at $0.03.  Many people are going to sell for a quick profit which will reduce the value/price of the coin.  Obviously, they will not sell for less than what they paid, $0.01 (or very few, would).  Therefore, theoretically (if there were no miners selling coins they mined for "free"), the price shouldn't drop much below $0.01. 

Am I missing something?  Is it possible in the rapid post ICO dump, that the price could go far below the ICO buy in price (i.e. $0.005 or less)?



I theory, how about to 0.  Why invest in another shit coin ico.  It's a money grab 99% of the time.  If you are not lucky enough to sell out early, then you will be left holding the bag.

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November 23, 2017, 07:25:47 AM
 #10

In practically, some of ico's don't have enough power for listing on big exchanges so they make wait their investors long time. After listing on a major exchange, lots of the investors sell theirs so it effects the price in negative way. Another thing is, after ico finish, it can be a bad news about developers, for example one of them quit from project. These issue effect too
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