I hate to say it, but many of these people closely connected to ICOs were opportunists. They aren't interested in the crypto market except as an opportunity to tap the clamouring public for their money in exchange for tokens which in many cases have no use at all.
The above was rightfully said, imagine a coin been promised to be 2x the initial value when it finally enters the market, that will surely catch the attention of anybody willing to make quick money but most time, the reverse is the case as the said coin hold no future and ending up with lot of buyers loosing just after the ICO sale.
Personally, all other coin require bitcoin as a medium of exchange thus boosting the value of btc further up, barely a month after sinking to $12+, its already up to $16+ and am sure before the end of this week been Sunday it will move pass the $16 cap and a new threshold will be set.
Alts will surely move up as well and I see this as a best time for those hoping to get involve in the crypto world to look for a coin that's promising listed on most exchangers with still a low price buy and hodl pending the end of this year. Reason for this was a chart I saw online some days back clearly detailing the price of coin as at Jan 2017 and Dec 2017 the increase was just unreal.
With the above am sure this year, we are sure to have a more profitable increase as compared to other years with chart you earlier pulled showing the increase of investors coming into the crypto-world.