So guys this is the real problem that no more investors in Cryptocurrency and no more new Capital in!
If That's the Case then btc might drop to Zero.
If that is true, then Bitcoin is nothing more than a pyramid scheme.
I think if we deduce that the number of investors is reducing, I will agree in the investment in ICO because scam is so much in crypto space. Bounties are organized but they exit with investors money and don't even distribute reward promises to people who worked for them, this is one reason people don't like investing in ICO.
But on the other view, I think it should have a positive outlook for bitcoin maybe with time because the people who are not investing in ICO, prefer established coin.