Because if the ICO is on ETH blockchain and it is a good ICO of course it will push ETH price higher thus making the ICO less worth against the Ethereum.
I think that is the logic here. :)
RE: ICOs- Are They Worth it?
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ICOs- Are They Worth it?
It's true that if we horde ETH and don't take chances on development projects Eth won't be worth anything in the long run! Of course if we mindlessly invest in bad projects that might also devalue Ethereum.
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