Does Bitcoin price affect ICOs

[Yujesuma]

Indeed it influences due to bitcoin at the base of each altcoin. obviously the execution of ICO relies upon the time ICO is being held, Just envision the situation in which the ICO venture has gathered X subsidizes before they dispatch their undertaking. Here the bitcoin cost is at its most elevated point. So in the event that you consider the cost and reserve X, at that point for all intents and purposes they have a great deal of assets they have. Contingent upon it they may simply set up another guide and advancement.

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[grinyaaa]

I think that the fall of Bitcoin entails the fall of all other coins.
This is a normal thing because Bitcoin takes a leading position in the cryptocurrency market!

[hyriyum]

At the point when the ico propelled a tokensale and the bitcoin cost all of a sudden goes down, it would influence the tokensale. Since when the bitcoin cost goes down, at that point so as alternate coins and altcoins, similar to the ethereum, neo, and so on. In any case that exclusive ethereum coin is expected to contribute, however when the bitcoin cost is down, the estimation of ethereum additionally diminishes, and the pegged assignment for the ethereum is enormous, so as a rule when this happens, the greater part of the ico holding a tokensale will as of now solidify the deal until the point when the cost will stable.

[Xexen4]

this is inevitable situation, bitcoin and ethereum affected all succeed and scammed icos. actually all of cryptocoins affected them. because every new ico, take a small portion of total market. this portion affects others

[Prime20]

Since bitcoin rules the market, I think its price determines the prices of other altcoins in the market but doesn't determine the price of ICOs. Most ICOs are built on ethereum blockchain, as such, ETH would control the price.

[txfidk]

Yes, the price of bitcoin is affecting the ICO. and looking at the situation, projects can be successful or Vice versa

[Txtlkvoe]

I met crypto in 2017, I still can't understand why this is happening . Why does the price of bitcoin affect the prices of altcoins

[pogicute1234]

I think that if the ICO lowers the investor is low in market value, but it is normal because we know today low market value so investors are afraid because their money will be lost.
so they are careful not to invest because the market value is lower than before so people do not invest in them just before they invest.

[TIDOVEE]

From my observation, its like bitcoin price affects the ICOs, I think when bitcoin price is low, it doesn't pay the ICOs too and that why I think many of them deliver their token when the price is favourably high. And since the both are entangled they have influence on each other.

[itsik78]

The cost of the token depends very much on the overall situation on cryptology: if there is a drop in prices, it will affect tokens. Passing bitcoin entails an even greater fall of tokens

[diazen]

Yes, because there is connection between BTC and Altcoins.

[duoduoshigexiaozhu]

Yes, this is inevitable. The price of bitcoin affects the entire cryptocurrency market. The bitcoin is very cheap and the ICO failure rate will be very high. When the bitcoin is expensive, the ICO success rate will be very high.

[wirosableng]

Yes, this is inevitable. The price of bitcoin affects the entire cryptocurrency market. The bitcoin is very cheap and the ICO failure rate will be very high. When the bitcoin is expensive, the ICO success rate will be very high.

For that, the prices for ICO depend on bitcoin. In any case, 80 percent of ICO depend on bitcoin because  Bitcoin is the progenitor of all ICO.

[ngusmin]

I think the price of bitcoin has an effect on ico. When bitcoin goes down, most of the coins also fall. Bitcoin is the main crypto coin and affects other crypto coins.

[Anchor867]

I believe that it also affects the other altcoin and ICO as well because the bitcoin is the backbone of the all coins and they depend on it when the bitcoin is low the other altcoin might affect them as well my friend

[jonas5222000]

Yes i think it was ,because many of those ICO`s now was only depending on the price of bitcoin,so i was feel that if bitcoin price was dumped many altcoin price was dumped too like a market of crypto, this is my only observation.

[george_hured]

Absolute influence of bitcoin not only on the ICO but also on the rest of the forex market is unsubstantiated, so I do not think it's right to say that bitcoin influences the ICO. The impact goes to the whole market as a whole.

[silver23]

yeah Bitcoin is have a big effect ICO time for now.
many ICO is failed and investor is take a loss.
for now, i think is a bad time to invest and i know ICO is have a risk.
for know, i stop invest in ICO, i just hold my asset in BTC and ETH and wait until market is grow up again.

[Vidgenx]

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 it is very logical, when the price of Bitcoin rises, then many Bitcoin holders get profits, some of which will be used to buy Altcoin or ico, and of course it will apply when the situation is the opposite.

[bavian]

Yes, although ICOs are usually bought with Ethereum but ethereum's price is affected by bitcoin. So that Bitcoin price affect ICOs.