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Author Topic: Is ETH price drop great for ICO?  (Read 201 times)
timemoneyapp (OP)
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September 12, 2018, 11:38:48 AM
 #1

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?
hase0278
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September 12, 2018, 11:54:22 AM
 #2

our token will be independent of ETH price swings in long run.
Do you agree?
Your tokens might not depend on ETH price movements now, but I don't agree that your platform would be independent of the ETH price swings in the long run. It is clearly stated in your website that:
Quote from: https://tmoney.io/
TMONEY is based on Ethereum protocol and it will be used for all transactions in Time Money platform
How will your tokens be independent of the ETH price if you will depend on Ethereum's protocol(smart contracts) to process transactions? If you really want a token independent from ETH price, start by building your own blockchain protocol and block explorer.
localcrypto
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September 12, 2018, 12:05:15 PM
 #3

it is an opportunity for most of the ico admins to buy etherum at low price i will see this as opportunity rather than threat 
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September 12, 2018, 12:08:45 PM
 #4

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?
Well it think the down of eth is caused by many people start to stop investing in ICO and many ICO dump the ETH. I believe ETH down will give a bad impact to ICO cause they might not reach the softcap and also the number of money that they fund is likely reduce following the eth price that are drop so significantly

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iqlimasyadiqa
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September 12, 2018, 12:14:01 PM
 #5

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?
Market conditions are currently in a bad condition. we all know that most people feel scared when they invest. especially when they invest in a project that has an etherum platform. the decline in etherum prices gives investors a very high sense of pessimism. this is normal because everyone will want to avoid all risks. all of us here are waiting and hoping that the etherum price will improve and re-create the digital currency market and especially the altcoin will experience positive changes.
Boss95rnd
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September 12, 2018, 12:20:00 PM
 #6

Sure! Now it is an amazing opportunity to participate in every ICO you like. Because the most ICOs are selling their tokens for Ethereum and not for USD. So if an ICO is ongoing, you can buy their tokens 2 times cheaper, than a few weeks ago.

argus312
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September 12, 2018, 12:36:55 PM
 #7

Etherium dumps usually scam projects ... How will your token be independent of the price fluctuations Eth!
Kevin77
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September 12, 2018, 12:42:39 PM
 #8

Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.
Depends on the ICO to be honest. Just because you can pay more eth with less dollars to invest doesn't mean the ICO will be good and the tokens will worthy anything. You can still select a horrible coin and it can go to shit and price could drop insanely, just because eth dropped this doesn't change. But if you want a good news most ICO's are dropping their entry barrier and their fund goals because the market is low and eth is getting low and people are investing less which means they need to drop so they can get proper investment. You can invest 1 eth and get a bigger portion of the pie compared to what it used to be.

Etherium dumps usually scam projects ... How will your token be independent of the price fluctuations Eth!
I have noticed this many times. When markets are not with new blood, mostly no pumping are happening also most people stop their projects abruptly and absconded too. A healthier market always boost all other things within its environments in most cases and exceptions too applicable.
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September 12, 2018, 12:55:49 PM
 #9

This would be a matter for ICOs. As there are many things to be considered. For ongoing ICOs, it also depends on the way they set value for their token.

But price decrease devalues the Ethereum and along with the total Ethereum ecosystem.

timemoneyapp (OP)
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September 12, 2018, 05:36:39 PM
 #10

Talking about independence in long run. We will continue to use ETH blockchain, but we see value of our token in long run be attached to our user worktime. Example 1 TMONEY token will represent 1 minute of user work time. In long run it should be convertible directly to fiat currency.
CryptoPairFTX
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September 15, 2018, 07:47:13 AM
 #11

it is better chance to participate in ICO you like. Because the ICOs are selling their tokens for Ethereum. it will make something good in future. i am also take this opportunity.
Emence
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September 15, 2018, 02:49:47 PM
 #12

it is a very good opportunity to participate in ICO you like. Because the most ICOs are selling their tokens for Ethereum. i will take this opportunity i believe that it will make more profit in future.
hi-blessings
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September 15, 2018, 07:41:31 PM
 #13

The price drop of Ethereum should be an opportunity to the Crypto enthusiast for bagging more and sell high when price moon again. It should easily do 20%and above.
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September 15, 2018, 07:55:26 PM
 #14

It does not matter what is the value of eth for icos because investors analyse each ico with various angles and factors and only invest if they think that the project is upto the mark, also im personally seeing eth going back to 500 to 600 levels in couple of weeks.

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rightway00372018
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September 15, 2018, 08:01:36 PM
 #15

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?

I think people don't want to lost their ETH in exchange to other tokens because they believed that ethereum is still with great potential to rise in the near future.
Schevascheva
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September 15, 2018, 08:06:12 PM
 #16

The prices for the coin of the etherium have dropped significantly and this is no reason to worry and this is a great chance to buy a coin so this coin will give a huge plus in the future and its price perfectly suits any
rosezionjohn
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September 15, 2018, 08:12:58 PM
 #17

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?

Your headline "Is ETH price drop great for ICO?" and your content are two different things.
If you are going to promote an ICO, please create an official ANN and not post it here.
Disculinair
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September 15, 2018, 08:18:19 PM
 #18

Most of the ICO projects tokens are intimately related to ethereum somehow, after all, they belong to the same platform, so that makes them loose value too.
Lighthouze
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September 15, 2018, 08:24:25 PM
 #19

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?

Market conditions are not in their favorable state. A lot of people will have a hard time making any investment decisions at this time as a lot of ICOs haven't done well at the exchanges in recent past. There might be a lot of swing lows for ETH before it bounces back though

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September 15, 2018, 10:40:32 PM
 #20

I am running ICO https://tmoney.io we currently offer ETH owners to invest in our token TMONEY. Currently token price against dollar is super low (from 0.07 per token to 0.04 per token) Think it is great chance for those who have ETH to invest their money in our token, as our token will be independent of ETH price swings in long run.

Do you agree? Why people don`t invest their ETH?

Actually, everyone wants to invest in the long term, but they also need detailed clarity about the assets they invest - the investment is not in vain. I think the road map must be thought through carefully, so that what is done does not shift from what was planned.

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