Does Bitcoin price affect ICOs

[Planetsin]

I do not think that bitcoin can affect the success of the project . These are two different things that are not interconnected

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[Bronenosec]

I was also looking for an answer to this question, no but unfortunately I never found it ... surprisingly but this is so ..

[trade2winnn]

Unambiguously, more precisely not so, after the ISO price is very much dependent on bitcoin, as if there is growth, then ISO can not be omitted in the price and it will still give growth,and can on the contrary just fly away in minus X5 and more, as now almost all ISO fly away,and there is nothing you can not do(

[Emilyp]

Yes, it does because ICOs will have to raise more money when the price of bitcoin is down in order to meet their target.

[Zebrodok]

When Bitcoin falls, all mainstream currencies in the market will fall, and many ICOs will invest in Bitcoin and Ethereum, so there will definitely be a certain degree of ICO impact.

you're right , I also think that bitcoin affects the price of other coins

[chenjkai]

BTC is the basis of every altcoin, so when it's dumping, ICOs will also be in slump. BTC also goes back to normal fast, so it's a risk in today's market. Also some ICOs pay bounty hunters directly the same way as BTC, so it also affects the bounty programs of altcoins.

[Best Coin8]

Bitcoin has a direct effect on the entire scope of crypto currency. Bitcoin is the main asset on which the whole market rests. Due to the low price of bitcoin, now all projects receive little investment.

[Valpekh]

In my sentiments YES , on the grounds that everything begins with BTC let say Ethereum was utilized by most ICO's then BTC drop same as ETH then additionally tokens under ETH will likewise dump the cost . I saw that when I saw the market is all red and afterward following couple of days advertise is all green so I think when BTC is red all are red or some may increment yet most surely understood crypto will be red .

[Boloton]

Bitcoin has a direct effect on the entire scope of crypto currency. Bitcoin is the main asset on which the whole market rests. Due to the low price of bitcoin, now all projects receive little investment.

Agreed.  Because bitcoin is almost a basis for storage, exchange and other operations. Also, all beginners who come to the cryptocurrency, first get acquainted with bitcoin.

[mustafayigittt]

bitcoin can directly affect them as it forms the basis of other subcoins. ico periods included. bitcoin is the locomotive coin of digital currencies.

[Bytem3]

Most cryptocurrencies are traded only against Bitcoin (not against fiat). As long as that's the case Bitcoin price will affect prices of other cryptocurrencies. There are some currencies that are not as much affected by the Bitcoin price movement such as Binance Coin (since they have a lot of trading pairs on Binance), very often when BTC price goes down BNB price goes up.

[qidai9]

Yes.
All the altcoins are falling when Bitcoin falls, which is the most obvious change. Most of ico's growth has also risen with the rise in bitcoin.

[Accts4u2]

As long as it is in the crypto market then the price of bitcoin will definitely affect it. All of the prices of the altcoins follow the price of bitcoin, that is why ICOs are not making a lot of money now because the price of bitcoin is down so people are reluctant about putting money into new projects. ICOs are not left out on being affected by the price of bitcoin.

[Nexjr14]

I think the price of Bitcoin only gives little impact to the price of ICO, the biggest impact is on the development team. Every ICO must have a team of developers, they are the determinants for the future of ICO. If their team does not work right, then the price will not skyrocket.

[Adebits]

Bitcoin is the king of cryptocurrencies. The price of Bitcoin affect the price of altcoins and ICOs whenever they get listed. The influence Bitcoin even goes beyond determining price, it affect the number of ICO investor

[hewbrowden]

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.

Bitcoin affects all ICOs so that with an equal amount of cryptocurrency investment at different courses, new ICO projects will receive less real money.

[regexlove]

I think so, but not much. Typically, developers are roughly calculating how much money is needed to create a project and other small things. Then the amount divided by the number of tokens)

[mastersay]

Yes, because when bitcoin price falls, some of the investors buy more bitcoin at its lowest price, and can usually get x2 bitcoin for the same amount. And also when the ico sets its pegged price in btc in high, and btc price came to its low, the ico itself will suffer in grave loss.

[chicken Campus]

I think, if I completely agree with you, I always monitor the graph and see full BTC interactions with other Alts and if bitcoin goes down for ICO funds.
For example, ICO uses a certain altcoin, when bitcoin is down, another altcoin is also down.

[Omtamvan]

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 think not because Bitcoin only affects Altcoin price and thus if Bitcoin price affects ICO what happened with ICO because I know ICO no problem what so what I am not sure if BTC influence ICO because ICO itself is not many people like because of many scams