Does Bitcoin price affect ICOs

[Blas]

The whole crypto world is connected with Bitcoin. Bitcoin is now directly reflecting on ICO, but investors are comparing everything with Bitcoin and try to judge from Bitcoins price.

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[cryptopussies]

Somehow yes because the mindset of these ICO investors if the market is failing it is so risky to invest to these ICOs that is why less people are risking their money with the ICOs when the market is so bearish,i dont really think there will be a good explanation why,but that is how these investors thinks,they are sticking with the USDT that is why they wont invest to these ICOs.

[tenakha]

If whole market is down and alts follow the bitcoin this market circle means hot money leaves bitcoin and going to alts. Same scenario for ICOs: If market is red and someone wanna to invest with fiat it is profitable for him. But only few percent of investors are converting fiat to cryptos in order to participate in ICO.

[JustBetweenUs]

When the price of Bitcoin increase holders become reacher and they want to invest more. Then the number of participants in ICOs is growing and projects gather more money

people don't get rich in a bull run either unless they cash out, but during these times people feel they are getting a lot richer and therefore take greater risks. We see the opposite happening now. As people fear they are getting poor again they are less prone to take risks.

[i40u]

Many altcoins are still closely linked to bitcoin, as it only dictates the fall and growth of investments in the market. That's the problem.

[RAAAMA]

Many altcoins are still closely linked to bitcoin, as it only dictates the fall and growth of investments in the market. That's the problem.

I think yes, bitcoin price is affecting ICO's. Bitcoin is like gold reserve in our current monetary system. Bitcoin serves like that in some way.  So if bitcoin price is low, most of the ICO's are also low and if bitcoin is high, then Alts will be high as well. 

[catapult]

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.

Every movement of the bitcoin price influences the all altcoin prices, nearly no exceptions. And I don't like that situation. I really hope to see many altcoins which have really big power and are not influenced by bitcoin's price anymore.

[X-avier]

I hope that soon we will lose dependence on the base currency of the crypto-currency called bitcoin! And it will happen as soon as people start using tokens of projects not only for speculative purposes! So in many ways everything depends on us regular users! This is my personal opinion.

[Sahyadri]

It definitely does. Bitcoin being the dominant cryptocurrency in the whole crypto marketcap, affects the price of almost all the coins directly or indirectly. Since, almost all the coins have btc pair, altcoin prices tend to follow btc. Also, eth being the major driving force of ICO is also affected largely by btc price fluctuation

[mrSprinkles]

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.

You can not say that Bitcoin directly affects the ICO! Bitcoin influences the crypto currency market, which negatively affects the desire of investors to invest in projects. I recommend a good project to study https://goo.gl/ENu9CL

[aalborg]

I think that the key factor of successful ICO project is demand of it’s product or survive. Let’s deep into investor mind! Almost every experienced investor or even newbie start with BTC investments. And when BTC fall, they lose their savings. So, their wish to invest in risky projects begin less and less... As a result, ICO project cannot collect enough amount of money for soft and hard cap.

[askmecrypto]

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.

To be real, BTC price affects the entire market in a way or other and ICO are not left behind.
I remember, how BTC downtrend affected seriously good ICO projects to raise there soft / hard cap (a good example is UTRUST).

When the BTC is over a downtrend, we usually see the entire marketcapital over a downtrend, masses are scared to invest there money in crypto, and hence it affects the ICOs as well.

[ksiazek7]

A down market effects the ICO's for sure.  With bitcoin affecting alt coin prices some to a major extent others to a lesser extent (my opinion anyways) it certainly effects the end ICO price as they often set a hardcap at like 6000 ETH for example.

[JustBetweenUs]

The prices only reflect the current sentiment in the market, during a downtrend like now the overwhelming majority is driven rather by fear than euphoria, therefore people are more cauteous which results in ICOs taking much longer to reach their cap, even good projects like Narrative. And once they hit exchanges they don't flip 3-5x anymore either.

[Niobeh]

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.

For me it can really affect an ICo because this is the one reason that they extended their ICO end.Because they knows the value of their token will goes low also.

[newegggo]

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.

It does affect the performance of ICO.
As we can see, when the market is bullish, ICOs are more likely to see out and perform well when listed on exchanges.

[Freezingel]

Bitcoin price movements will affect all alts so of course ico tokens are going to be affected. When bitcoin crashed then all alts will be affect because they have btc pairing on exchanges. When bitcoin is bullish then crypto as whole will be full of optimism and that will drive a lot of coins price up.

[efey399]

king of crypto currencies btc. btc is affecting the price of everything. but maybe the ico price may be independent of the btc price. I think it does not.

[KTChampions]

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.

If the bitcoin price falls, and the price of the project's tokens is set in bitcoins, then investors should invest in ICO to fix their profits. But when the price of bitcoin grows, the whole market grows and this adds optimism to investors.

[burakdat]

Yes, and for me this is only a guess because i do not really know about the relationship between bitcoin and altcoin and for that i guess the price of bitcoin will affect also with the bitcoin price. Take a closer look when the bitcoin market price is high those altcoin market price is too low or there are indicators like most of them got red. But if the bitcoin market price is low then altcoin market price also is too high in regards to the ratio and proportion of altcoin to bitcoin. If you are going to trade altcoin to bitcoin the best way is to trade bitcoin when the market price is low. The value of altcoin is great at that time and you may get bigger value of your altcoin to bitcoin.