Post
Topic
Board Speculation
Re: ICOs are the cause of recent bitcoin fall.
by
nickwen
on 27/06/2018, 18:02:23 UTC
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
maybe you're right. Because I also noticed that there are a lot of ICO projects being created every day. and all investors will sell bitcoin and invest in these projects to make a profit