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Author Topic: Why Big Successful ICO Coins Price are sinking?  (Read 2131 times)
tamango
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December 12, 2018, 04:34:38 PM
 #241

There is a general crysis for every crypto coin, including biggest one like Ethereum and Bitcoin, so it's normal that every ICO is suffering, also good projects.
jakagintiri
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December 12, 2018, 04:50:37 PM
 #242

There is a general crysis for every crypto coin, including biggest one like Ethereum and Bitcoin, so it's normal that every ICO is suffering, also good projects.
Yes, that's true, because almost all projects for the time being experience a great deal of concern, this is the impact that occurs because the price follows Bitcoin and Ethereum, so there is no meaning at all for the ICO project. But after Bitcoin recovered, I thought the price would return to the right track.

glerant
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December 12, 2018, 04:55:37 PM
 #243

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

Has any single one of these projects got a fully functional business with good revenues and userbase? Has anybody heard of these projects outside of crypto? Would any of these projects be able to operate on Ethereum if they started needing more than a few Txs/minute? These are the questions you should be asking.
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December 12, 2018, 04:56:59 PM
 #244

There are many reasons for this:
The first is that the whole market is slipping and there are no exceptions.
Secondly the ICOs do not really have any specific applications, most of them are just promises.
And ultimately most of the investors just want to make a profit, few people want to keep the coin long long.

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irenegaming
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December 12, 2018, 04:59:27 PM
 #245

I think that no matter how successful or promising an ICO is, very few will endure this brutal bear market, it is difficult for them to raise enough money, when bitcoin and ethereum are suffering, they usually suffer twice as their prices are affected when you change from their coin to btc/eth as well.

714
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December 12, 2018, 05:03:43 PM
 #246

That is the hard truth in cryptocurrency. Because it is so unstable that prices can be very expensive or cheap depending only on the news around the world. Any slight bad news for crypto and then the prices go rolling down, and there will be no exception even if how good the product is.
And that is the best thing in the electronic money market. In the past, I was afraid when the market went down, but now I think that when the market plummeted, my opportunity has come.

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Aleh777
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December 12, 2018, 10:42:18 PM
 #247

IMO, it is not only the prices of ICO projects’ coins are shrinking. The overall crypto market has been affected. If you believe in the project, it is a good time to buy more of the coin at a low price.
We can't pin point at what really the cause of this downfall. I have seen successful ICOs which the value of it's token remain the same or even surpasses it's ICO price but there are speculations that these were manipulated while most of the token really goes down along with bitcoin.
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December 13, 2018, 05:26:26 AM
 #248

Pumapay have many similarities, and, moreover, the need for ETH and BTC payments are much lower than expected. The team had hoped that the market would rise forever, and they have no plans on hard times.
dedi joni
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December 13, 2018, 05:28:41 AM
 #249

Pumapay have many similarities, and, moreover, the need for ETH and BTC payments are much lower than expected. The team had hoped that the market would rise forever, and they have no plans on hard times.
It is very difficult I think to maintain the price of coins in the market right now. the markets are down nearly collapsed, and it takes great trust investors crypto to build market returns.
nepeso
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December 13, 2018, 05:46:13 AM
 #250

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

Now the crypto market is really experiencing very difficult times. And there is a possibility that almost any project may fail. Now, many investors are panicking and frustrated. But I believe that this situation in the market creates excellent opportunities for profitable investments.
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December 13, 2018, 06:30:29 AM
 #251

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
Small coins are now very difficult to survive, they may disappear completely, but those coins that can survive this time, they can then rise and live safely.
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December 14, 2018, 02:56:54 AM
 #252

In my opinion, the ICO project that managed to raise a lot of funds from investors for now is difficult to see prices approaching ICO prices, I once asked the ICO project CEO who got large funds from ICO, he said that they were following the current poor market capacity, so Their project prices fall and are very cheap when in the exchange market. That is because the price of Bitcoin and Ethereum has decreased in price, and it has an impact on the ICO project.
An ico that gets a huge amount of funds is very unlikely to go up in price, because in order to make huge profits that ico will need go up in price in a significant way and with the market as weak as it is now that is going to be impossible, so you only have two choices keep buying icos and be even more patient and see if that gives you profits or simply invest in other coins that are more likely to give you profits.
kipoel
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December 14, 2018, 03:05:01 AM
 #253

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
I believe that is because every altcoins still following the hype of Bitcoin. So anything that happen to bitcoin will most likely affecting the altcoins.
When that kind of things can't be removed, then it will still applied that way until forever.
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December 14, 2018, 05:07:54 AM
 #254

Although an ICO has succeeded in achieving its objectives and successfully holding its campaign, if the team cannot work consistently and stable, ICO will experience a decline in performance which will result in the abandonment of the ICO process. Coins can sink at the bottom of a chasm if the team does not continue to be active in developing and marketing the technology. Keep track of the tokens that have been obtained, so you can take precautions to protect the value of your tokens.
reza7777
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December 14, 2018, 05:20:28 AM
 #255

it's not because they have reached hardcap, but indeed now market is experiencing crisis that makes all the ico coins when registered in market experiencing price declines not only new ico prices decline some tokens also experience price declines just look at how ethereum prices are now

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December 14, 2018, 05:45:44 AM
 #256

first is market itself, crypto is not favourable like last year, and second factor is ico still not have a working product after long time, and it make investor to losing faith
StatesManG
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December 14, 2018, 05:56:58 AM
 #257

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
Well to me that's not good for this project who raised good sum of money but go ahead to list very low on an exchange.  There are two things to this, one is tha they just did so because of the bear market and is hopping to pump it's price once market is great. The second is, they intentionally do this just to allow the price move up as the market tends to move up and I consider this unfair and tricky

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December 14, 2018, 05:59:24 AM
 #258

Blank project can't keep its token in good price, it failed to delivery good products and/or it has too few users, and it has non economy value. That's main reason of token dump, they'r only success in drawing products in paper and success in make money, they're not successful with real products.
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December 14, 2018, 06:12:39 AM
 #259

I just lost my trust after seeing CBC and HDAC those token price huge dump. This coin are listed on best exchange like CBC listed on bittrex. By release others supply of token price is sink.
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December 14, 2018, 06:19:50 AM
 #260

because they are still new and cannot yet be sure to release their product, a coin is said to be good and useful when the coin can be used to enjoy services or maybe buy related products directly, if it is still under development, of course that makes double risk for investors who come when the project age is still a baby
investors now prefer certainty rather than uncertainty, so the baby project will be abandoned
the solution is, wait until the product is released, the price will rise
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