Post
Topic
Board Speculation (Altcoins)
Re: SportyCo token (SPF) - Price speculation and discussion
by
jevee
on 22/05/2018, 10:37:55 UTC
Reading about different ICO's I can see many of them are failing now. I think the whole ICO-mania is settling down. I am really interested in how things will turn out. Do you think ICO crowdfunding as it is will still be legal in 3-5 years time?

I think there are two different solutions for "ICO-mania".
1. People will stop throwing their money at every ICO they see. This is probably long, hard way as people are too naive and there will always be a new person who will invest in new "spectacular" ICO. In general, if crypto community will mature ICO's will automatically be harder to succeed. We know we are responsible for our own funds in crypto, so DYOR.
2. Governments will regulate crypto/ICO space. This is probably going to happen but it's really hard for them. And we never know when this will happen if it ever will.

I think 2nd option will occur. People will never learn on their own. Centralization is still necessary (for now).

I just found this price graph on Etherscan where ICO price is marked. SPF/USD and SPF/ETH graphs are available. https://etherscan.io/token/0x85089389c14bd9c77fc2b8f0c3d1dc3363bf06ef#tokenChart

Nice, very interesting. We never went under ICO price in dollar terms. But it seems like there is a resistance at ETH ICO price. Does someone have a similar graph, with ICO price in BTC marked?

In which pair are you guys tracking profits/loses? (SPF/ETH, SPF/BTC or SPF/USD)
I mostly compare my gains and loses in BTC pairs.