Post
Topic
Board Altcoin Discussion
Re: New ICO's coming up
by
styca
on 09/06/2017, 17:05:04 UTC
Are there any particular ICO's that you can see climbing up to atleast top 50 in the distant future

The problem here is that ICO hype is insane at the moment. They're hitting top 50 by the time ICO closes. Aragon and BAT for example. I'm not saying these are bad investments - I have some Aragon myself and see it as a great prospect. The problem is the general ICO environment itself.

For upcoming ICOs, Bancor looks like a great prospect. Again though, the ICO itself... it's uncapped for the first hour. Given that BAT hit cap in 24 seconds, propelling it into the top 30 coins... what will an uncapped 60 minute ICO do? There's a very real risk that it will hit $1 billion and be an instant top 10, and then fall dramatically as soon as it hits the market. I think Bancor is a really good project, and I want to get involved, but I'm conflicted about whether or not the ICO is the right time to do it.