Post
Topic
Board Altcoin Discussion
Re: Are investors got tired of ICOs?
by
kryptqnick
on 27/05/2018, 08:10:01 UTC
It seems that investors got tired of ICOs in the last months. Do you believe that ICO hype will come back soon?
It's not the investors that are tired of the ICO's,it's the government.In the last few months, SEC has cracked down a lot of illegal ICO's which operated without any licensing.
Well, I think it is also the general situation with cryptocurrencies and the ICOs themselves that are bothering investors. Right now the market is about 15% down after a period of acceptable stability. This means that now even investments in top cryptocurrencies seem rather suspicious, because the hope for the better future is almost lost. As for ICOs, it is a rather big deal that most of them end up scamming people directly (by simply taking the invested money) and indirectly (if the price on the exchanges is 10x+ less than expected).