I've noticed quite some changes in ICOs and bounties:

- The whole market is flooded with BS projects
- There are way too many ICOs
- Teams are often fake
- Telegram groups of 25k people don't mean a thing
- Hardcaps aren't reached anymore.  Remember a few months ago when some ico's were sold out in minutes?  When does that still happen?  It doesn't... the contrary is happening: icos last for months and months
- Bounties: they sell them by their hardcap number at the price of the last stage.  For example: 4 million USD bounty!  That is IF all 400.000.000 tokens are sold AND you could sell them at the last price of 0.1$ which you never will.
- Bounties/caps are often calculated in eth and for some reason ico-people still think 1 eth is 1000$.  Wake up and smell the news!  1 eth is less than half of that!
- Nobody is buying tokens anymore
- They lie about how many tokens are sold
- Private investors... don't make me laugh.  There are no private investors....  If there were, they would be bragging about which ones which they don't.  ALL lies and more lies.