Post
Topic
Board Marketplace
Re: Main reason behind crypto currencies red market in 2018
by
rickadone
on 04/09/2018, 12:40:40 UTC
2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
2018 has not yet ended though, but the number of ICOs that popped out successfully this year was really huge and I can really say it might be the year that brought about some difference for ICOs.

Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.

Okay but lets compare how much money was "poured" in ICOs in 2018 so far. What were the ICOs that got the largest amount of funding and compare that to the ICOs that got the largest amount of funding from 2017.

With that said, there may be more scams this year than 2017.

Marcel666 and Whosdaddy can you show the data of how much money was invested in ICOs for 2017? Lets compare it when 2018 is over.

The problem with some people here is they like to talk but cant provide the needed answers to the real questions.
Absolutely true Smiley. I am not surprised since it is a market filled with high level of speculation anyway.

I am not really sure what they want to be comparing, but the thing is last year being a bullish year brought about a lot of greed into the market with so many people wanting to get rich overnight, new investors with no knowledge of how to effectively partake in ICOs popping in and a lot of scammers using this as an advantage.

These days, it was hard to see a scam ICO that would not end up being known before even attempting to scam any investor. As far as I am concerned, investors were more gullible last year than this year.