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Author Topic: Postponing ICO, a sign of negative market?  (Read 786 times)
Fourgh (OP)
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August 22, 2018, 12:46:39 PM
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Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?

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August 22, 2018, 12:55:36 PM
 #2

Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?

Why are you surprised? Now they transfer or postpone every second ICO. This is due to the fact that in a severely fallen market, people do not want to invest, since the cost of Ethereum and bitcoin is very small.


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Cryptoguru274
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August 22, 2018, 01:08:06 PM
 #3

Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?

Managers of ICO projects may decide to postponed their cryptocurrency projects because of certain major underlying key factors which include lack of financial resources, however the present down trend in the crypto might be one of the pending factors, the implication is that managers might decide to refund investors funds and fix another date for the ICO.

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August 22, 2018, 06:30:24 PM
 #4

Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?
It depends, sometimes it can be a bad sign and sometimes it can be that just the paperwork is delayed and they need to wait for it, but as many people here in the forum we are noticing that many icos are failing because of the market, many do not want to invest in icos because they do not want to have to wait for a few years before seeing profits and the developers feeling this are delaying their projects waiting for the conditions of the market improve in the next months.
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August 22, 2018, 08:28:56 PM
 #5

many ICO are now putting off entering the market, for me it is an indicator that such ICO are unpromising.
BertoloyBTC
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August 22, 2018, 08:32:05 PM
 #6

Maybe thats the reason behind ,postponing the ICOs ,because the market marks very negative price value, other ICOs who are already launched keel on extending, and others announced they stop the ICO and will continue later, this are happenning in many ICOs now , the reason maybe this market fall down which is worst.
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September 13, 2018, 12:23:49 PM
 #7

It's just like some ICO projects I know, they have extended the ICO's time for not calling for enough funds to run, so should be sympathetic to them. Because the Altcoin market is going down, and many investors have turned their backs on Altcoin. That is sad news for ICO projects.
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September 13, 2018, 03:10:47 PM
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I suppose this is a smart decision. Because the price is low, the ICO will not be beneficial to the project. Good market up, many investors will join more and the ICO release will definitely make it easier
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September 13, 2018, 03:18:07 PM
 #9

at this time in my opinion it is a very reasonable action if many ico postpone their sales because right now the market is experiencing a major crisis that has an impact on ico a project

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September 13, 2018, 03:21:00 PM
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I suppose this is a smart decision. Because the price is low, the ICO will not be beneficial to the project. Good market up, many investors will join more and the ICO release will definitely make it easier
actually by extending ico also has a negative impact on the project. although the reason for the crypto market is being bad and that can be understood by investors but it makes little doubt because the project will not run in accordance with the design that was made and analyzed by previous investors.
ssuman86
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September 13, 2018, 03:21:50 PM
 #11

You can say when market is going down many ICO postpone their ICO one of them is bethereum also. They postpone their ICO because of when market going to down then sentiment also goes to negative and that will effect their collections.
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September 13, 2018, 03:22:13 PM
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Not necessarily.  It could be due to market instability sometimes, or maybe they were unable to meet up their road map.  I've heard of a number of ICOs that were postponed,  Modern chain for example did and only recently fixed a  new date,  but whatever the reason,  if the project has a good development team,  it is probably to ensure they provide better service.
zeze18
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September 13, 2018, 03:24:39 PM
 #13

Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?

Many ICOs are postponed due to market condition.
Because yesterday or before, Many investors spamming on ICO because ETH price was so low.
ityandsyn
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September 13, 2018, 03:34:23 PM
 #14

Just recently PROFEDE has decided to postpone it's ICO.
https://profede.com/#problem
What are it's implecations? Do you have a similar experience with this one?

Why are you surprised? Now they transfer or postpone every second ICO. This is due to the fact that in a severely fallen market, people do not want to invest, since the cost of Ethereum and bitcoin is very small.

      ICO were going to postpone or extending their campaign because of lack of investors , maybe the reason of this issues is the price declining of all cryptocurrencies. Some investors are prefer to buy existing altcoin which is running in the market rather than to buy in ICO .
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September 13, 2018, 03:45:43 PM
 #15

Many ICOs has been murdered by the market conditions but you should stay away from the ICO project doesn't jump in the listing side after the main sale has been over.
Please wait for sometime, if you invested on any project or participated in the campaign which ICO waiting to list. Before this year ends many new ICO we can see in exchange site.
tiurminator
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September 13, 2018, 05:07:58 PM
 #16

Yeah, I think that is a good decision for the project.  It will be useless and only spending time and money to continue the project without a good respond from the market.  Of course bounty hunters didn't like this if the campaign already started because they will not get the reward.  I've join bounty like this, after a few weeks of hardworking they suspended the project.
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September 13, 2018, 05:19:21 PM
 #17

Oh, I participated in many bounty, which was postponed, extended, canceled. It began in January 2018. Now this is a usual occurrence.

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October 20, 2018, 03:51:50 AM
 #18

The market is now falling so don't be surprised by everything that happens.
The logic is that if you buy a token at a price of 400 and then go down to 300 it might be better for you to HODL than STOPLOSS.
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October 20, 2018, 07:15:41 AM
 #19

Absolutely yes. I think icos cancel their campaings because of the market conditions. They know that they cant sell enough tokens. So they will wait for a while.
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October 20, 2018, 07:47:19 AM
 #20

This is not absolute, but in many cases it is true. The image of an ICO team is very important. If this happens in the early days, it may lead to the failure of ICO. But there are also a small number of requirements for technical upgrades but this is rare.

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