Post
Topic
Board Altcoin Discussion
Re: What will happen to ICO if.......
by
Darkoth89
on 11/04/2019, 14:01:09 UTC
Just as when bitcoin hit $3200, many ICOs struggled and only some managed to stay alive healthy. And there were series of ICO tokensale extension and postponement. Now, BTC going down to $1000 will only make the situation worse and by then, majority of the ICOs will be pronounced dead.

I doubt that BTC will go down to $1000 again. If we will really see that price again, not only ICOs will have problems to raise money. Even a lot of already established crypto projects would probably have to shut down their operations in such a case.