Quote from: bryant.coleman on July 20, 2021, 01:31:53 PM

Quote from: zahidmoon on July 20, 2021, 11:11:32 AM

thanks for this info. that's why ICP token price is so much high. but right now its falling because of the whole market is falling apart and even eth and bitcoin is in blood bath.
i am very positive about ICP token and its developments and hope that in future it will be a success but there are huge competitors.

ICP overpriced its initial offering. A few weeks ago, the market cap was as high as $75 billion, before the prices crashed in a matter of hours. This may be a good project, but I don't understand going for such a high valuation. The Ethereum ICO had an initial soft-cap of just $18 million. And these guys are going for almost 4,000 times of that amount. And for ICP, I don't think that the prices have bottomed out yet. The cryptocurrency market as a whole is looking bearish and for overpriced coins such as ICP, the future outlook is quite bleak.

Not a terrible project. ICP actually has enormous potential, but it was priced too high and its Coinbase listing was turned into a rug pull by the developers. People now hate ICP because of Dfinity's greed and mismanagement.

That's why we built a new community after being dumped on by ICP insiders. After experiencing significant deception, immense frustration, and a lack of communication from Dfinity, we created a new community called ICPR.

We are a community-driven project founded by people who were once part of the Dfinity community from inception and they are now part of an amalgamation of volunteers working for ICPR. With this, it is clear that the Internet Computer token may still have better and more transparent days. Join us as we fight for a truly decentralized ICP https://np.reddit.com/r/icpReboot/