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Author Topic: Crypto ICO's are killing Bitcoin.  (Read 6319 times)
nikola22
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October 30, 2018, 11:13:42 PM
 #401

In my opinion,at this time Bitcoin will kill the ICOS campaign. By the fall of the crypto and bitcoin market, ICOS campaigns will fail to mobilize investors.

most ICOs kill themselves because they just want to get money but don't hurry to develop the projects they promised to investors.

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coinsycrip09
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October 31, 2018, 01:27:06 AM
 #402

I agree if that can kill bitcoin, ico is cheap and can make a bigger profit. and investment in ico can also be more profitable than investing in bitcoin. that's why bitcoin will die, because more investors are investing in ico than investing in bitcoin.
i don't think like that,
because even though the ico project looks very cheap and investors get a lot of benefits from the ico project (if lucky) but i think investors just want to take a moment's profit from the ico project.

mostly after getting the benefits of the ico project, they returned to buying bitcoin. and as long as i know cryptocurrency, many ico projects cannot last more than 3 months. so it won't be possible for the ico project to kill bitcoin.
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October 31, 2018, 01:32:34 AM
 #403

in my opinion not. more and more crypto currency variants are getting better for users and the development of digital currencies in the world. we can have various options for investment or trade or mining. we can choose the best cyrpto currency from all that is on the crypto market. this will make crypto currency competition even tighter, and currencies that have good management systems and trust levels will be chosen by crypto users.
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October 31, 2018, 02:05:19 AM
 #404

Well, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.

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October 31, 2018, 02:09:33 AM
 #405

I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.

So in Short - ICO's are killing Bitcoin and CryptoMarkets.


Yeah, I agree. More than 95% ICOs are bullshit projects offering shit coins. Almost altcoins are going to die soon. These kills bitcoins, ether and cryptos market as well.
aryaadikariyansyahsuwarto
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October 31, 2018, 02:19:07 AM
 #406

in other words, every coin issued by ICO, it can divert investors from bitcoin to the new coin, and in my opinion it could kill bitcoin. But do you forget that after the investor buys the coin then they exchange it for bitcoin again, that is a benefit for bitcoin, because with any coin later it will become bitcoin too.

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BlackRacerX
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October 31, 2018, 02:43:30 AM
 #407

I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.

So in Short - ICO's are killing Bitcoin and CryptoMarkets.


I think ICOs actually help bitcoins to pump up in price and keep the circulation healthy by promoting competition within and between bitcoin owners and alt coin investors respectively. It promotes comparisson between the two factions and therefore allows movement in the market.

MrCrank
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October 31, 2018, 03:14:25 AM
 #408

I never understood why cryptotraders and exchanges support ICO's, my reasoning is this: An ICO gets funded, then they do what, they SELL the BTC they raised for fiat and push the price dive on BTC, thus taking all those BTC out of the trade environment, anyone thinking that an ICO would reinvest into the exchange is naive. This hurts everyone, even the exchanges. You might say "Well the exchanges get fee's on ico" well that is true, but they are losing all future potential fee's on those coins, if they had continued trade on the market.

So in Short - ICO's are killing Bitcoin and CryptoMarkets.


ICO's can't kill Bitcoin although this affected to price and market
because many ICO's are scam now.
Pattart
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October 31, 2018, 03:30:49 AM
 #409

Well, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.
Yeah I also disagree with that statement, because ico has a big role in the development of cryptocurrency, how does the promotion carried out by many ico make many outsiders know and be aware of crypto, even though many ico are scams it doesn't mean it kills bitcoin? we only need a new system to protect investors
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November 01, 2018, 02:19:58 PM
 #410

maybe it's not the bad ICO but the post ICO process, management and actions end up being less smooth or arguably failed. there is no ICO that is said to be successful, and it makes people think negatively and views that the ICO is a useless thing and even a scam, but I'm sure it won't kill crypto or bitcoin, that thought is too far
very much agree with what you say, ico will not kill bitcoin, ico can we learn, not all ico scam and don't think ico is bad but from ico we can generate big income.
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