every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?
I agree, and it is so ironical that bitcoin's sky-rocketing increase was the reason that all these ICOs emerged in the first place and now they have become the reason for bitcoin's price fall. ICOs are sprouting up like weeds, and so many of them are scams. Only a few of them have the capacity to sustain the market, and their emergence is in part due to investor ignorance and greed.
This trend needs to stop soon if we want to see a true bull run.