Quote from: bitgolden on February 28, 2019, 01:44:14 PM

Quote from: ifykiki on February 27, 2019, 09:51:12 AM

What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

I don't know what kind of ICO will charge up to $2 for making purchase of tokens, maybe they are doing it so that just small amount of persons will make purchase of the coins thereby driving the price up to 1000% profit. Though the reverse might be the case, how can i buy a coin that is not yet listed on exchange for $2 when i don't know what the worth would be once it hits the exchange, even ethereum was way cheaper.

I have actually see some ICOs in the past that started their Initial Coin offering at a very high price, looking at MAKER, in fact their ICO price was as high as 24 usd looking at their historical data on coin market price and now they are presently on 663 which has even gone low compared to the high price it had around April last year.

So, its not about the price but the project itself. If you see that most ICO dont even enter exchange till after ICO and if we based it on high price before ICO, we might really missed lots of viable projects to invest in.