quanggiang101 (OP)
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September 29, 2018, 11:21:19 AM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
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pinoyrichkids
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September 29, 2018, 11:31:26 AM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
In my own views, i observe that the proliferation of many token ICO's and then fail, resulting to the decrease of value of ethereum, this might be because investors are skeptical in terms of trust and confidence about the ICO project. I hope ethereum community, could do something about this, i am worried maybe the ICO industry are just a way of making money for scammers out there. |
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Red-Apple
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September 29, 2018, 11:31:30 AM |
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indirectly yes.
what failure of ICO tokens does is that it makes people trust ICOs less and less. and when they trust them less they will not bother investing in them and as a result we won't see that many ICOs and not many big successful ones raising millions.
what this indirect effect means is that less people will buy ETH to invest in ICOs and since there is no more demand for ETH, its price will fall.
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Jamesdila1
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September 29, 2018, 11:43:31 AM |
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yes its a negative thing for etherium if the icos are failing. also there are too many other new blockchain platforms. so i think in future those platforms also get more icos. so as a result of that ETH will not get much icos as they are spreading among those different platfoms. so eth will still go up and we cannot expect huge bull runs for eth.
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ansi
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September 29, 2018, 05:08:05 PM |
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Ethereum depends mainly on ICOs because it's the Main, or at least the most, used crypto to buy during ICOs.
So once the demand on buying ICOs is reduced or become too less like in this bear market fro months now, Ethereum can't go any higher from a price perspective.
This is plain simple based on a Supply & Demand market.
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cacucacok91
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September 29, 2018, 05:09:20 PM |
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I do not think that the price depends on how many projects will not be successful. This is not the cause of the fall of the ether and also it will not be the cause of its growth which I expect soon
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bobo012
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September 29, 2018, 05:34:09 PM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
Well, ico craze has definitely pumped up the ethereum price, because people were buying it to invest in all those ico projects. Now there is little demand to invest in ico projects because many didnt fulfill their promises. I still think ethereum has a bright future, if ico was its only purpose then we dont need it. |
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Tipstar
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September 29, 2018, 05:36:53 PM |
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It should not have been the case but somehow they are related now.
ETH got it's price due to it's use in buying and transferring tokens on the popular Ethereum Platform.
It got to it's height when ICOs were new and instant hit but with a lot of scams an low price changes, people are moving away from ICOs and Ethereum on the whole.
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ruli stylon
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September 29, 2018, 05:43:39 PM |
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It could be that the ethereum price which has decreased in price up to now is caused by the number of ICOs that failed, but not all because the ICO failed. There may be many factors other causing the price decline on Ethereum.
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clasico
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September 29, 2018, 05:49:09 PM |
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Don't think so. Ethereum ecosystems has running very well. And ethereum daps is usable & famous in blockchain or daps platform. More ICO project fail will not effect for Ethereum price will be lower
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rdewilde
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September 29, 2018, 05:57:29 PM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
ICO fail to affect only a small part the price of ETH. If many ICOs are successful then The demand for ETH will be higher. However, there are too many scam projects and fail for investors making investors unwilling to participate, and the main reason for the fallen of the ETH is that the ICO has sold all the ETH they have and develops their projects. |
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South Park
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September 29, 2018, 06:00:04 PM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
I really think that this is one of the main reasons of why ethereum has been so affected by the bear market, it's true that all the coins have been affected by it but ethereum has been hit the hardest and this is because ethereum has a big reliance on being used as a way to invest in icos and if most icos begin to fail very rapidly as is the case right now, then the demand for ethereum goes down and the price suffers because of it. |
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joletartare
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September 29, 2018, 06:06:17 PM |
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I'm not so sure that link between failed icos and low value of ether is real.
Ether is low for the reason that markets are bear ... while many Icos fail just because a high percentage of them aren't linked to robust projects with products ready to sell.
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Desmozgenes
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September 29, 2018, 06:08:42 PM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
I dont think that ETH price is determined by failed ICOs,If anything successful and big ICos like EOS dumped huge amounts of ETH on the market,and same thing all the other good ICos projects did,and there were many in the last 9 months.But once BTC goes up,and with casper and sharding,ETH will go up,bnack tp previous prices. |
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kokrokok
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September 29, 2018, 06:13:07 PM |
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in my opinion the decline in ethereum prices is not because of too many ico failures, but because many ico scams sell ethereum they get (run away) and sell at very cheap prices
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Ucoz
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September 29, 2018, 06:23:09 PM |
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Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
The reason why the Ethereum price falls is that people stopped investing in ICO, and projects that received investments in Ethereum started selling it, but in general, yes, people do not invest because they stopped believing in ICO, we need new examples of ultra-good investments to kick start new wave of investments. |
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