Quote from: miningguru on December 28, 2019, 02:57:32 AM

Quote from: tiptopgemdotcom on December 27, 2019, 11:27:05 PM

Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.

Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices.

It's often despite delivering product they are still failing. It's just the matter of whether a project is deemed useful in the eyes of people or not. Same situation with many startups nowadays, good idea but just solving the problems that are nonexistent to begin with. Also to note, price of alts heavily relies of Bitcoin and it seems that bitcoin dominance is still increasing therefore don't expect too much from a project that barely significant to the market.