This is not the case, and this sentiment is usually caused by a long-term bear market. But you must know that bitcoin cash has a strong strength, maybe they see the future market rather than the current market. The failure of cryptocurrency this year does not mean that the future will fail. The market may once again shock you.
Some can be comparing the current state and even the near-future of cryptocurrency with what happened in the DotCom meltdown. Sure it was a big chaos but later on it gave way for the current players like Google, Facebook, Twitter and similar big name market leaders. I am expecting that soon we can see the same forces here in the world of cryptocurrency that may force weak projects and platforms to go down the river and only the best, strongest, agile, creative enough can survive. Investors will definitely lost money in that process so we better watch out.
I fully agree with you, we are going to men separated from boys, I have said this before that people need to realised that not all these projects would regain their ICO prices again but those that do will run up big time and leave the rest to ashes. We have started seeing that most of these projects are just dreams and won't materialised, some not because of the idea but because they mismanaged the ICO fund and no one would bail them out