Does Bitcoin price affect ICOs

[petrolefr]

Of course, the price depends on BTC directly. You could see it just from December 2017 till now when the whole market followed BTC movements. Ethereum is usually used for ICO's, and there is nothing that the investor can do if the price of Ethereum goes down.

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[nezzard]

I think that it influences in some way. Probably, developers are guided by the price of bitcoin in order not to make their tokens too cheap or expensive.

[mike0829]

Bitcoin as a whole is a very influential coin no matter how you look at it. Yes, more and more ICO are based on Ethereum, but still Bitcoin is very commonly used in our today`s world of crypto, so no wonder that the price of has such big influence on the new projects.

[ngacengan]

yes of course when bitcoin price goes down then the capital you have to buy and become a participant from ico is also very different, when your cheap bitcoin investing in ico you can profit while if bitcoin your expensive investment in ico when the price goes up it could be horrible risk loss very high.

[Lacettivod]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

I don't think bitcoin will affect the price of ICO held tokens. At least there's no direct connection between them.
Of course, if the whole market goes down, it will affect the ICO. But to say that it all depends on the price of the Bat I would not.

[Devawnm367]

It very well could if the create a goal and the price drops to half, then they need to have twice as much Ethereum to reach either the soft cap or hard cap!!! If ethereums price drops it makes it harder for them to spend they must wait and hold it!!@

[Anton1105]

Of course, bitcoin affects ICOs, since most ICOs collect investments in bitcoin, or in ethereum. In addition, the change in the rate of the cryptocurrency influences the investment attractiveness, that is, the desire of investors to buy the crypto currency and invest it in a certain project.

[bitcointemon]

i don't really understand about that but after i see if bitcoin is down then altcoin price also goes down and maybe this also happened at performance when ico make people lose a lot of money when ico investment

[ljubitelmedvedej]

Yes, because when bitcoin rises so does ETH and vice versa. Most ICOs take ETH so it has a knock on effect. Also if the dip is very big, people might change their behaviours in regards to investing into ICOs

[newegggo]

When the market is bearish and bitcoin price is low, people are less willing to participate in ICOs.
During the past months, lots of ICOs didn't even reach soft cap.

[KroFly]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Only on the tokens that appear on the stock exchange, ie when there is an independent coin. On the very idea of Ico or fundraising or development of bitcoin does not affect in any way. Bitcoin as a dollar which constantly changes its course in relation to other coins.

[visionary]

I do not know how the volatility of the Bitcoin price can affect ICO projects. In general, it affects the prices of altcoins

[bibitao26]

I see bitcoin prices and other uaNG digital eyes are now at a lower level, it will really have an impact on running ico, I also do not know what else to think about if this happens continuously

[Aliem Nur]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Only on the tokens that appear on the stock exchange, ie when there is an independent coin. On the very idea of Ico or fundraising or development of bitcoin does not affect in any way. Bitcoin as a dollar which constantly changes its course in relation to other coins.

to my knowledge it is like that, considering bitcoin is the reference price for all the coins so influential when the coins have entered the market exchange, and that's what I know.

[Nikolas_the_Wonderworker]

Undoubtedly, there is a strong influence of bitcoins on the market of altokamins and ICO. When the bitcoat price falls, then many investors take a wait-and-see strategy and do not want to invest in the ICC and the crypto currency. Ideally - when the output of an ISO project goes with the growth of bitcoin.

[lmoe23]

yes it has big influence of the price of other ICO's

[captin crunch]

I think that general situation on the market has some influence on ICOs, but not only on ICOs but also on other cryptos. But we should understand that there are some good projects which worth to invest and we should support them, for the development of the crypto industry. I am looking for the new ICOs at www.icoguide.com and can recommend it to you as well.

[Sanu Simon]

Whether it is an ico or an altcoin, each and everything related to the cryptocurrency industry is dependent upon the bitcoin. Going through the coinmarketcap itself we can understand it in a much clear manner how the price of bitcoin has impacted over the ico's and the altcoins.

[zhulina]

On April 12, everyone was sure that we would reach 6000 before the turn, and many wanted to buy there. People even sold their Bitcoins in order to buy cheaper. But they were.

Now everyone is again firmly confident in 6000. Already gathered shorts  and pulled the bucket.

[tannerchum]

I do not know much but what I have realized is that if Bitcoin value goes down, almost all other coins and tokens also go down. So I will say ICO performance depends on the time the ICO is being held.

Yes their are time that the value or the price of bitcoin is going down because of flactuations aside from that ICO is very affected because of the value. It also depends of the ICO that reflects the value. Even though it is down many bitcoiner wanted to perform an ICO.