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?
While icos are a problem, the biggest problem is the mentality of those that enter in this market thinking they will make millions of dollars in just a few weeks by investing in icos, if they did not had that mentality then it will be impossible for icos to be as successful and there will not be so many of them, however I think that in the next years we are going to see a new kind of investor the kind that will only invest in the best coins and that is not going to waste his time investing in icos, after all the profits that you can get out of bitcoin are still enormous compared to what you can get in the stock market and this process will probably accelerate if the economy of the world begins to show signals of weakness.