Quote from: slyfox on September 16, 2018, 03:01:33 AM

Quote from: xcajun21 on August 12, 2018, 03:30:24 AM

Quote from: slyfox on August 12, 2018, 02:57:11 AM

Quote from: djcounter on August 01, 2018, 02:03:12 PM

Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.

No, icos grew in price when the market was hot and the market was hot because investors were putting their money in bitcoin and they decided to invest in all kind of speculative coins not understanding why they were doing, if what you said was right icos should be dominating the market now and growing like we have never seen them before, but the opposite is happening with icos barely reaching their soft caps and trading way below their ico price after they are listed in an exchange.

Yes, that is true. I recently read an article about ico. Basically only a handful of icos made it far enough. I recently looked at ico stats and the statistics were not so bright for much of the recent ICO's. In a sense, projects attracted attention to crypto space because it looked innovative, a fintech revolution. Thus, people invested in ICO's but the ICO's teams don't invest in Bitcoin alternatively. So yes, lots of link between two subjects.

This is what is keeping icos down, it seemed that we were seeing some kind of revolution similar to what we saw with the dot com bubble, but now people have realized that it was not the case and many icos were nothing but scams or projects that were released by developers that had no idea what they were doing and now no one wants to invest in icos for the time being.

It is because the price is below $6500 and there is a long way to go to reach to $20000. The current market situation shows no signs for growth in short time, therefore it is hard to tell when will it hit again the previous highest price. the price predictions are too ambiguous that I do no tbelieve in that and mostly they are against the facts. Just wait and see.