Bitcoin Forum
November 16, 2024, 08:55:46 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How far below the ICO buy in price can a coin could possibly go?  (Read 211 times)
Bullitz (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
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
Hero Member
*****
Offline Offline

Activity: 994
Merit: 507


View Profile
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
Full Member
***
Offline Offline

Activity: 135
Merit: 100



View Profile
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
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 638


View Profile WWW
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)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
November 23, 2017, 12:57:00 AM
 #5

Thanks guys, much appreciated!
odolvlobo
Legendary
*
Offline Offline

Activity: 4508
Merit: 3417



View Profile
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.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
Makak4R
Full Member
***
Offline Offline

Activity: 266
Merit: 111



View Profile
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
Sr. Member
****
Offline Offline

Activity: 267
Merit: 255


View Profile
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
Member
**
Offline Offline

Activity: 98
Merit: 12


View Profile
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.

Pokercoin.net – The Future of Poker! Welcome to the 1st cryptocurrency which is created for pokerplayers!
Join Now and Start Playing Online Poker on the first platform accepting Pokercoin!
 || Website || Poker || Bounty || Twitter || Facebook ||
mela65
Sr. Member
****
Offline Offline

Activity: 1246
Merit: 348

Best Crypto / Online Casino Writing Services


View Profile
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
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!