New Coins with huge ICO price

[bitkanu]

The coin I'm talking about is coincasso https://coincasso.io

I don't know even know if the project is worth the price so I'm just going to join the bounty campaign just in case

I never heard that before and it looks a bit fishy to me after seeing it right now dude. that will become the next shitty coin, lack of demand and its crowdsale raised little penny from the market and that's it.

[Cashi]

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

What do you mean with high token price? It always boils down on how is the total supply of a coin. There can be a high price per coin, but when total supply is low it can be justified. Bitcoin has also only a few coins and price is very high.

[Zooplus]

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

What do you mean with high token price? It always boils down on how is the total supply of a coin. There can be a high price per coin, but when total supply is low it can be justified. Bitcoin has also only a few coins and price is very high.

True, it's always based on the total supply, which means if the the supply is high coins has a low value or vise versa.
What newbie would notice most of the time is only the price, they would not look at the total supply, and that's why high supply coins are so attractive to them as they think they were able to buy it cheap.

XRP for example, it's billions in supply.

[ringgo96]

Right now it is very rare that there are ico that can make the price high enough even to be able to arrive at the price of ico alone many fail because the bonus is quite large when a private sale or pre-sale makes it difficult to get up

[mersal]

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

the trust of new upcoming ICO will not be prepared by lots of people because they are still in trouble with the ICO investment so if you are thinking about people will accept it takes time but you not talk with you still waiting to get the prophet also.

[HatakeKakashi]

I did not trust this now for the ICO but maybe I will love it again because mosyly ICO is scam and not gives to you high profit compared to the last few years. We cannot know what ICO is good to invest and not even the huge price ICO we cannot determine that if that is legit or scam. Only we can know it once the ICO end and if the token release to the market or maybe not and that's time the time can find your answer.

[Fumzy]

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

ICOs like this may have very good vision, great plans but when investors and hunters get their tokens, they dump them seriously. They might not necessarily be scam

[Muzika]

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

with the price of 2.74$ for me is doubtful, it is too high compare on the other ICO that ranges a dollar of less and with the basis for the success of the ICO is not on the price so you better look for the other investment you can put some investment there but dont expect that the price will reach that high after listing.

[guoyu78]

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

Well, it is not about the price but the project itself and the capital involved or required to run such project.

Sometimes it could be that the particular crypto currency is limited in supply while the demand is already high before the ICO, thereby making the ICO price high already.

The most important aspect you should not overlook before investing in an ICO is to look through their whitepaper first, this could help you determine if the project is viable with strong team base before investing in it and not just by price.

[zhekinsp]

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 don't invest on any new projects,the prices are nothing but predicted by the team so if their intention is scam then this can let them to set high prices.

I am not sure about what project your are talking about,if you can name it then people may find it for you it is worth or not to.

[HODL2090]

ICOs should determine their token sale price based on the utility of the token or the type of equity of offers, if it's a security token.
As a prospective investor, you should analyse the token economics and product to determine if the token sale price is worth the actual utility of the tokens.

Most projects are not subject to any regulatory laws, it's up to you to protect your own investments

[Whosdaddy]

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 don't know what kind of ICO will charge up to $2 for making purchase of tokens, maybe they are doing it so that just small amount of persons will make purchase of the coins thereby driving the price up to 1000% profit. Though the reverse might be the case, how can i buy a coin that is not yet listed on exchange for $2 when i don't know what the worth would be once it hits the exchange, even ethereum was way cheaper.

I have actually see some ICOs in the past that started their Initial Coin offering at a very high price, looking at MAKER, in fact their ICO price was as high as 24 usd looking at their historical data on coin market price and now they are presently on 663 which has even gone low compared to the high price it had around April last year.

So, it’s not about the price but the project itself. If you see that most ICO don’t even enter exchange till after ICO and if we based it on high price before ICO, we might really missed lots of viable projects to invest in.

[ajqjjj]

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 don't invest on any new projects,the prices are nothing but predicted by the team so if their intention is scam then this can let them to set high prices.

I am not sure about what project your are talking about,if you can name it then people may find it for you it is worth or not to.

Nowadays many peoples are thinking the good return in token investment. But reality few projects only succeed in crypto platform so most are moving to downward and some scam projects also possible in this market. If you they have good crypto knowledge ICO participation is right move but beginners are never trying move this way.

[Hannahanto]

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

Before investing in an ICO, thorough study on the ICO is really appreciated. Either the ICO price is much higher or cheaper, the product should speak out louder. Hence, checkout their product's details, how the product is accepted and have demands in the market, how amount of offers they provide the the customers, the advertisements, amount invested and the strength of the team members and their profiles, how long they into the market and if they have infrastructure in hand. If you are confident on they growth after studying the above, yes you can very well invest even if the ICO price is huge.

[forexandcryptoauditor]

I have also seen that some ICOs are keeping tokens price very high. Few I have seen token price of $1 per token. Really don't understand on what basis they decided such huge price of tokens.
I do not invest in such projects generally.

[prasad87]

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 would price matter, only market cap does? What if they only produced only 3 tokens, $2.74 would be pretty cheap, don't you think?

[G2z_Riya]

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 would price matter, only market cap does? What if they only produced only 3 tokens, $2.74 would be pretty cheap, don't you think?

Have some sense, is there any project till date that have produced only three tokens. It isn't the market cap, initially the price matters big. Upon the value of the token there will be changes in the marketcap growth. Nowhere the marketcap grows all of the sudden.

[oriontab]

The price is only a reflection of how much is needed by the team to develop the project. This is invariably reflected in the token supply dynamics.What should be more of interest is the project viability and team handling it.

[HanaTenun]

The price is only a reflection of how much is needed by the team to develop the project. This is invariably reflected in the token supply dynamics.What should be more of interest is the project viability and team handling it.

it's not just a matter of funds needed by the team. they have really considered the feasibility of the price and suitability of the available supply. Team feasibility must be considered and the ability to manage the supply of available tokens will affect the price of tokens in the market.

[Psynthax]

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 don't invest on any new projects,the prices are nothing but predicted by the team so if their intention is scam then this can let them to set high prices.

I am not sure about what project your are talking about,if you can name it then people may find it for you it is worth or not to.

Nowadays many peoples are thinking the good return in token investment. But reality few projects only succeed in crypto platform so most are moving to downward and some scam projects also possible in this market. If you they have good crypto knowledge ICO participation is right move but beginners are never trying move this way.

We have a new way that will prevent the scam ico. It much better to follow the ico which will be launched through use the trusted exchange site's launch pad. You must remember if this will become an interesting thing in the future consider ICO must have passed a lot of requirements to be listed on it.