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Author Topic: ICO market cooling down?  (Read 122 times)
Kryptogenie (OP)
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November 29, 2017, 09:14:11 AM
Last edit: November 29, 2017, 10:15:52 AM by Kryptogenie
 #1

Why the ICO market is cooling down while Bitcoin is rising as never before?
In past few months the amount raised by ICOs have decreased as per reports. Do you think it is going to lose investors interest?

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Beerwizzard
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November 29, 2017, 09:21:54 AM
 #2

It is not realy cooling atm. The ICO marke is still growing but now there is less hype about it. Mostly because people are already getting used to is  (and it is not taking so mutch media space) and at the same time there is less breakthrough projects doing ICO now while everyone else is jut trying to gather some free money.
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November 29, 2017, 09:30:08 AM
 #3

I don't know what news or data you're referring to, might be helpful if you shared it first? From my own perception, you're right and wrong, depending on which view you use.

ICOs are cooling down because they are raising less money: I think this is true. We saw the crazy flow of investment into projects like Bancor earlier in the year, and EOS even pulling in millions in the first days of launching. But as more ICOs show their failure to move on in a good way, look at Tezos, for example, you see even 3 or 4 million dollars now considered a success.

ICOs are not cooling down because so many are launching now. Every day I see a new announcement, and there are even marketing companies and more filling in the business. So there are many new services offering ways to help ICOs, from writing whitepapers to managing bounty campaigns.

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aalfadhala
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November 29, 2017, 09:33:09 AM
 #4

i guess with bitcoin making new highs everyday, people are not that much focused on ICOs

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pigheadbig
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November 29, 2017, 09:46:08 AM
 #5

i guess with bitcoin making new highs everyday, people are not that much focused on ICOs

I agree with your opinion, the price of ETH grows up with more than 40%, that means the tokens are more expensive and the caps are higher.
Capeshifter
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November 29, 2017, 10:03:30 AM
 #6

the ICO market is anything than cooling down, how did you even come to that conclusion and what data are you talking about. As far as I can tell the number of ICO's being launched on a daily basis has multiplied within the last months and we only see these numbers increasing. I remember a while ago, not too long maybe six-seven months ago, we were scrolling TRYING to find an actual ICO, there used to be like one every week.. max.. and what has happened after these six months? Witht the total market cap of all crypto's going to 300 billion? We're seeing almost ten projects launching a day and most people can't really keep up with it. It's just too much of a hasle to even open all the websites.. that's how many projects there are out there.. not even mentioning that you are supposed to go through all the whitepapers as well.
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