People see this as a good thing that there are different cryptos popping everyday, as this means "acceptance". What I believe is that it is getting people confused! Moreover, this fuels to bitcoin negative propaganda as any sort of scam carried out by them leads to bashing of bitcoin.People don't really understand the difference. What are your thoughts?
Actually, it would really be good if the intention was right from the start. It only becomes a problem because most of the ICOs and projects which conducts crowdsale are only in it for the money. Good thing some of the many icos that spawned last year have died now.
ico who did not really mean it really worsened the name bitcoin or cryptocurrency, because investors who were ultimately harmed. but indeed we must be realistic to look at the future