bitcoin and the ICO

[Yaunfitda]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

Yeah, it could probably have a impact on the price of bitcoin because investors are now shifting their funds to some ICO and would rather take the risk there (which doesn't make any sense at all) than put their money on bitcoin ecosystem.

It depends if these are new money going into crypto to buy ICOs or people using their existing ETH or BTC to buy into ICOS... Then new legit projects will benefit crypto as whole

Obviously, there's no money flowing to the bitcoin ecosystem, but you will see a lot of ICO's hitting their softcap in a matter of days which led me to conclude that people are liquidating their bitcoin and join ICO project.

[elwiswoodie]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

from where can you conclude that ICO is affecting the price of Bitcoin?
I think that is not a problem for bitcoin, it will be the entrance for the crypto community to be able to connect with other friends
ICO uses its own coins, and is different from bitcoin

[sham100899]

I don't think that ICOs has a major impact in the price of bitcoin. tokens from ICOs are called bitcoin alternatives, but for me bitcoin has a larger impact on altcoins as we can see if bitcoin goes down all altcoins price will also go down.

[astrid.uchiha24]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

Well actually ICOs can really affect bitcoin's price on a very positive way, like they can boost bitcoin's popularity as long as these ICOs are conducted very well and legit at its end, depending on a situation but i believe if the governments can reduce the number of fraud cases involving ICOs i think cryptocurrency will get the trust of the people once again.

[Reatim]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

I don't think that it can affect the price of bitcoin. Its much riskier to put your money in ICO rather than bitcoin. So as a investors, I will still stick to bitcoin and have most of my money on it than ICO that can turn into a scam at the end. What really hurt bitcoin is the attacks from governments and regulations around the world. Plus some ICO doesn't really give that much returns as well as least say investing on bitcoin. So with that said, ICO doesn't have significant effect on the price of bitcoin.

[Indrawan77]

I don't think it can hurt bitcoin, but somehow it affecting the bitcoin a little bit, when a good ICO coming out. the investors will diversify their investment and causing less demand in bitcoin, but in the end after they get the profit with ICO, the investors will back to bitcoin, bitcoin itself got a huge support and big transaction volume so, even with some investors diversify their investment, bitcoin will still stand strong

[mikahmax]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

Aws I've know, new ICO's didn't affect bitcoins value because they are not the same. What I mean is, yes maybe they are related to each other but they are different tokens nor coins. New ICO and new tokens or coins is their way to implement and intruduce to other the new coin.

[boss1dg]

Why ICOs will hurt bitcoin , even i think More good projects are must have for any market to attract more people and make large market . bcoz those project will do partnership with big brands on basis of their tech and it will help crypto market also bcoz more people will be interested in it .
only concern for people who are afraid from ICO is bitcoin dominance getting reduced and profitability also reduced , earlier they could gain x10 in a year but now bcoz of more project dominance reduced so profitability is lowered than past . but in no manner this market dip is related to ICOs .

[mrcash02]

Considering people use AltCoins from these many ICOs that are launched all the time to speculate and make faster profit than with Bitcoin, I think they are hurting BTC price a bit, yes. During the ICOs the funds are gathered via BTC, but after the ICO people will hold the AltCoins, decreasing Bitcoin demand, hurting its price. With so many AltCoins options there will be less demand for Bitcoin, that is clear and immutable in a decentralized world.

[@rt27]

I don't have any idea if there are icos that regarding bitcoin because as far as I know it was done already. What the normal icos in the market now about altcoins. That is what we can see

[Tylev]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

In my opinion, it's even foolish to say that carrying out ICO projects can somehow harm the bitcoin because in the process of this the ICO team takes bitcoins, which can then be exchanged for fiat and, thus, it helps to lower the bitcoin rate. Is the use of bitcoin as a means of payment not the main function of bitcoin? Artificial increase in the price of bitcoin, that is, deliberate actions aimed at raising it, are much more dangerous than using bitcoin for its intended purpose. Increasing the price of bitcoin inevitably leads to his death.

[tung06081989]

there are so many ICO day by day but the BTC is so strong with whole market,BTC is leader of crypto market now,maybe many next year there are many coin grow up and share effect of BTC with crypto market,now i beleive it is eth

[bitvalak]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

ICO will not affect the bitcoin price, but bitcoin prices will affect the price of the ICO project. Because if the bitcoin price drops, it is certain that ICO will be quiet because people are panicking with the decline in bitcoin prices.

[libert19]

I believe these ico's do affect price to some extent. Like when ico companies sell funds to liquidize (usually these funds are in millions).

[etron]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

I do not think so and in my opinion the emergence of new ico can strengthen the value of bitcoin because when bitcoin is decreasing we can be flesh in other altcoin like: BTC / ETH, BtC / BCH and other coins.

[ZeXXX]

I think it will affect to bitcoin price because some investors will interest to join ICO eventhough not all of them, and bitcoin users little bit fewer cause of that ICO, but the ICO is not really need to be worried because people rarely interest on ICO, the thing that should be worried are the exist altcoins.

[vonnyaries]

yes ICO right now is the popular one, because the developer can use ICO as media for make their idea come true, and of course its not makes the bitcoin price is down, otherwise it will make the bitcoin price is going up, why? because it will makes the people that want to invest in that ICO buy bitcoin for the payment media

[Dr.Osh]

I think it is normal to see many bitcoins invested in each ICO project, because ICO always receives bitcoin as its investment tool, and it is targeted for crypto users. well, it is a normal thing, even this is a habit that started since the ICO was there.

[dutchkay]

ICO are realliy affecting the market price in a big way. Rather than putting money in an already established coins out there people are investing in ICO and these affect the market prices. Most of these ICO are scams which keep taking millions away from investors. These have turn to pump and dump and investors are always looking for new ones to put money, then dump it and move to the next one.

[nguyet91btc]

the huge amounts of new ICOS that arise every month could be hurting the price of bitcoin? you who think about the ICO?

I suppose there are many ICO projects that will increase the value of btc because when these projects listed markets, the alt / btc pairs trade more than eth / btc.