Does Bitcoin price affect ICOs

[jeromix]

Yes, cheap.bitcoin market price maybe good to a successful ICO project to become more successful because their token will be paired while bitcoin market price is cheap. This will relatively help the team to implement the projects more confidently when bitcoin there is bitcoin market price increase. Most of the ICO's now that are doing crowfunding nowadays will have some hard time when listing due to the current market.

[doycku]

Yes, cheap.bitcoin market price maybe good to a successful ICO project to become more successful because their token will be paired while bitcoin market price is cheap. This will relatively help the team to implement the projects more confidently when bitcoin there is bitcoin market price increase. Most of the ICO's now that are doing crowfunding nowadays will have some hard time when listing due to the current market.

Oddly enough, Bitcoin still has a very strong effect on the entire cryptocurrency market. In addition, very few ico companies are tied to the dollar, although the words are voiced about the inadmissibility of the influence of Bitcoin. In fact, everything happens differently.

[ajdaj]

Yes, cheap.bitcoin market price maybe good to a successful ICO project to become more successful because their token will be paired while bitcoin market price is cheap. This will relatively help the team to implement the projects more confidently when bitcoin there is bitcoin market price increase. Most of the ICO's now that are doing crowfunding nowadays will have some hard time when listing due to the current market.

Oddly enough, Bitcoin still has a very strong effect on the entire cryptocurrency market. In addition, very few ico companies are tied to the dollar, although the words are voiced about the inadmissibility of the influence of Bitcoin. In fact, everything happens differently.

I have already seen that Bitcoin affects the entire cryptocurrency market, which means that its influence was and will be on the pricing of new projects. In any case, if the price of Bitcoin rises now, it will be a green signal for the entire market.

[kisfoxs]

Bitcoin does not directly affect ICO prices, but the impact of price changes that occur on Bitcoin will affect Ethereum. We know all that Alternative coins on average use the Ethereum platform. So that the decline in the price of Bitcoin and Ethereum will have a negative impact on all Altcoin.

[pentol86]

Bitcoin affects ICO both directly and indirectly. Directly because Bitcoin is the king of cryptocurrency and the most seen by investors in measuring markets, it will affect the ICO project's best-selling.
Indirectly because Bitcoin has a large community in the world, then any issue is very influential on ICO growth.

[rysea2]

I think bitcoin greatly affects the ICO because if the price of bitcoin decreases, investors' interest will also decrease because they are afraid of losing the value of their investment. On the other hand when the price of bitcoin decreases, the price of ethereum will also decrease.

[dreico]

if judging by bitcoin price changes, then when he gives the majority of the coins, too, they start doing this, so I conclude that it affects

[trobbert]

Yes, bitcoin price is something what determines fluctuations of all market and I suggest you to keep on track btc prices. When I analyze movement of each altcoin I look at BTC as well!

[James678]

It is harder to collect funds when BTC price is low, because nobody wants to invest. People believe that BTC will grow and they have more believe in it rather than in shady ICO

[cryptothreads]

Yes, bitcoin price is something what determines fluctuations of all market and I suggest you to keep on track btc prices. When I analyze movement of each altcoin I look at BTC as well!

BTC has a great influence on the coins. We should choose when the value of Bitcoin increases for investment because it will bring more profits. Maybe the value of Bitcoin has decreased over the past year but this year everything will be different and Bitcoin will continue to dominate Cryptocurrency again.

[Cheesus]

Of course yes, bitcoin prices affect this whole market. If the BTC falls, you will definitely see this market shedding blood in a frightening way, Look what the market looks like when the BTC falls from 20000$ and now only 4000$

[givary]

Bitcoin has a big influence on the development of ICO. And with the collapse of the crypto market price, the ICO has an impact that has taken place in 2018. The decline in the price of Bitcoin has an impact on all declining Altcoins, especially for Ethereum which also collapses. So that many projects failed and ICO coin prices also declined.

[Laxus215]

All most every altcoin takes rally with the BITCOIN price whether it is uptrend or down trend & most of the ICOs collect their funds in BTC, ETH, LTC, BCH etc. For the project to carry on their Pre-sale, Private sale & Public token sale takes time & listing on exchange takes another minimum of 2 months. For example take total period for Pre-sale to public sale is 3 months & they collected 3M$ in their token sale & they haven't converted their token in USD. If the market turn into bearish mode they will be affected badly as the value of their total collected funds will be reduced in terms of USD vice-versa if the market turns into bull mode they will be in profit. Price of BTC can affect ICOs positively as well as negatively depends on the condition of the market.

[Clearstream]

it is unquestionable. Bitcoin has been leading the encryption market. when bitcoin prices rise, altcoins prices will also rise and ICO prices will rise. therefore, the price of Bitcoin indirectly affects the price of ICO.

[imstillthebest]

It is harder to collect funds when BTC price is low, because nobody wants to invest. People believe that BTC will grow and they have more believe in it rather than in shady ICO

I thought low price attracts people to invest because they can afford it compared to when the value of btc is high enough ?   

People believe that BTC will grow and they have more believe in it rather than in shady ICO

If its true then why do you think that btc price didnt grow ? 

Imo , bitcoin price does not affect ico because an ico uses their own coin and people does not need to buy btc before they can participate on it  .

[romero121]

The term cryptocurrency existed from bitcoin, once after the bitcoin each and every coins and ico's growth were dependent on bitcoin directly or indirectly. In this way there is nothing to surprise to look upon the destruction of the ico's growth which were expected to reach good on scheduled time scale.

[Prosperityforall]

Look, now BTC is cheap and huge investors prefer to invest money in btc avoiding price changes and cheap tokens without value. When BTC is high, whales prefer to invest in ICOs

[sonicwave]

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.

Of course, it will affect, like the entire market, look at how many projects were frozen last year and could not develop further. So here everything is directly proportional, and the tokens at the same time become pure garbage.

[longyenthanh]

The price of Bitcoin connects to the ICO market when the project collects funds in BTC. If funds are collected only in fiat money, the BTC price should not affect such a project.

[tbossmitche]

This is one thing I can say I am relatively sure about. As long as it is in the crypto market then the price of bitcoin will definitely affect it. Price of ICOs generally trend in the direction Bitcoin is going. That is the exact reason why ICOs are not making a lot of money or fetching investors the desired profit. Until the price of Bitcoin hits an upward trend, I don't think that ICOs will do too well. The best thing is to have some tokens that can fetch you a tidy profit when the bull hits. We could all  do with some profit after a while.