For me, i don't support the ideology that ICOs are killing Bitcoin. Remember, through ICOs most people has got to know about cryptocurrency. Through the awareness creation made by ICOs, the entire crypto space has gone global. ICOs added a new sense of value to the crypto market.
Not really, ICO's, I think is doing the opposite and it is that, ICO is promoting the cryptocurrency market into investors, the bad thing is that, some ICO is scam that makes the reputation of some ICO bad. But doesn't really matter, I hope there would be some regulation for the legitimacy of an ICO before it can be implemented in the market.