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Author Topic: New Coins with huge ICO price  (Read 1037 times)
ifykiki (OP)
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February 27, 2019, 09:51:12 AM
 #1

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

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February 27, 2019, 10:23:09 AM
 #2

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

You can not say if the project is real or if it is a scam, looking only at a price.
Developers tend to think that a lower price and a larger total supply is easier to sell and later, after completing the ICO, to raise the price on the market in an easier way.But the price really does not matter much and it all depends on the project itself and its developers.

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February 27, 2019, 11:03:20 AM
 #3

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
I will never try to take an ico which put a big price for each token, it's not worth. You should remember how good that ico can be determined through the development progress and the demand for such ico and it's not from the price.
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February 27, 2019, 12:41:38 PM
 #4

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
Why not shared here the specific ICO you have stumbled so we can check it ourself to tell you what is our views on the said project?
For me scammers will scam you even if the price of ICO is cheaper or if higher because they are planned to victimizing and not to bring profit.
Just make sure that you checked their whitepaper and roadmap,and most specialists the legitimacy of each Team Members so the chance of being scammed is lessen
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February 27, 2019, 09:30:30 PM
 #5

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
Increase prices don't attract expert investors no matter how good whitepaper you offer to investors. I am not a big fan of huge prices but small marketcap with lower circulation can change my opinion depending on the project.
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February 27, 2019, 09:48:34 PM
 #6

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

Just looking at the price is not a good measure to understand if a project is a scam or not. However, when the price is unnecessarily high, I usually stay away, since the market is still bearish and a dump at the listing it's more likely.
eagleman
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February 27, 2019, 10:33:49 PM
 #7

What's that project that you are stumbling to invest right now?
I'm not interested anymore with those tokens that are coming in to the market. It's totally crowded and most of the new tokens doesn't have anything to offer but just the same thing as the old crypto's are offering.

It sound cheap at their ICO price but you may not know if that price will go lower after it's listed on exchanges.
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February 27, 2019, 10:49:34 PM
 #8

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
I will never try to take an ico which put a big price for each token, it's not worth. You should remember how good that ico can be determined through the development progress and the demand for such ico and it's not from the price.
I agree, price isn't the factor why after the ico will gain much price to go further for its development. The adoption of the ico products is the most important in order for the people to have confidence in holding it for long journey. It doesn't matter how long, but most importantly you knew how the roadmap works until you decided to dump what you need for finances.
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February 28, 2019, 02:04:16 AM
 #9

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
ICO price is not an issue because that depends on the total supply.
Just know more about the team if they can deliver, and if you trust them then you should invest on their project.
We have a lot of project in the past that even has an ICO price of over $100 and yet they are still in the market now.

Just take a look at Primalbase Token (PBT), price now is even below ICO price.

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February 28, 2019, 05:18:12 AM
 #10

it all depends on what project will be developed, if indeed the project requires expensive token prices, why not?
because there are also projects with expensive ICO prices that are successful at ICO and success in the market
Jinbi $7 ICO Price and see in market now the Price is $11 https://coinmarketcap.com/currencies/jinbi-token/

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February 28, 2019, 06:48:37 AM
 #11

That is depend on so many factor. The price also been assigned based on total supply, token allocations, and many more parameters. For me, I prefer low price ICO than expensive since I cant afford yo buy in bulk for high price ICO plus in terms of trading it easier to buy a cheaper tokens than expensive right. Not all trader are rich that can buy millions of tokens. So better to pick the low price ICOs.
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February 28, 2019, 08:45:46 AM
 #12

Do you mean ICOs with a high hardcap? In my opinion, the cap doesn't matter hugely - what matters is demand relative to supply. Any coin that reaches only a tiny fraction of hardcap looks weak. If an ICO sells $1.8m and hardcap was $2m, then it looks good, almost sold out - but an ICO that sells $1.8m against a hardcap of $50m looks like a complete failure.
Equally too big a gap between softcap (the minimum they need to start the project) and hardcap raises concerns. If they only need $1m to start the project, but set a hardcap of $50m, you have to ask if there is any reason for this other than greed.

Because of this it is incumbent on the team to set  realistic soft and hard caps.






Saint1990
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February 28, 2019, 09:39:21 AM
 #13

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
You can not conclude the legitimacy of ICOs based on its token price and one more thing higher price of coins doesn't mean that their token sale will take longer time. Now a days ICOs with very small token price are also facing problems to raise the funds take example of azbit their token price is only 0.00012$ but they are struggling to raise the funds. Take consideration of other things also such as do they have working product, how they are working on community development, what target market they are trying to disrupt, team members and advisors this points also matter.

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February 28, 2019, 10:19:34 AM
 #14

It is either a good project or is it just being hyped to attract investors, ICO these days were so hard to trust especially the dev and the team because they were the one who will initiate the scam attempt. But if it is a project with a potential that could benefit investors and the community and will have a small marketcap then it must be the right price for their project.

Some other factor is that what if they don't have enough funds to continue the project that's why they have to increase the price to use the money of the investors? It is too risky in both sides between investors and the team.

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February 28, 2019, 10:27:25 AM
 #15

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

Even cheap ICO price coins turn out to be a scam, so I guess ICO price is not really a basis whether a project is a scam or not. However, it still depends if the price is really too far from reality, then most likely it is a scam. We all know that ICO since 2017 had failed a lot, which contributed to the price fall of ethereum. The market had also killed ICO, that is why some coins had taken their time on developing and some failed and died due to lack of budget.

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February 28, 2019, 10:40:45 AM
 #16

With the ICO pricing we cannot conclude the legitimacy of the project. There are projects that have got increased ico price, but the same have private investors. This makes the project successful in the market. So, the pricing doesn't let one predict the worthiness of the project. Even with low ico price coins more scams happening around.

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February 28, 2019, 11:50:37 AM
 #17

ICO with big prices(bigger than 100 mill) IMHO wouldn't go to zero, or go much lower ICO price. But they already have great capitalization and can't go much more higher than 200-300% from ICO.

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February 28, 2019, 12:00:22 PM
 #18

Price of ico that has a high value in my opinion it will never be big success we see now the low price ico coins are still confused in raising funds especially those who have high/expensive value
everyone will think 10 times for investing there

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February 28, 2019, 12:11:39 PM
 #19

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
I really don't understand what your intention is. But I think the price of ICO will not matter, important is their supply.
You don't even say which project it is and I can't check it for you. Please update your article so that people can make their thoughts easier. Wink

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February 28, 2019, 12:36:22 PM
 #20

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with current ICO price of $2.74 and they intend on increasing it in the future

You can not define whether a project is good or not, or even a scam by their ICO price. It does not matter how high is the price if Investors determine an ICO has good vision, has awesome whitepaper then the investor will buy it. The same as does not matter how cheap is the price if the project is trash, I don't think any investors will be interested in the ICO.
So, if you want to ask opinion about a certain ICO, you can't just provide the price, at least give the name of your Crypto. Other than that, $2.74 is pretty expensive for an ICO, but if they have low minimum purchase, I will still buy it, only if the project is really good.

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