Why do some people in crypto still wish the downfall of Bitcoin?

[thegreatdodoy]

One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

Most people today are hoping for bitcoin to rise to make profitable again but there are also people continue to hope that bitcoin will crash so they can buy more amount of bitcoin in a very cheap price  enough to gain more profit once it rise up again.

[supergorg27]

One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

Yes it's true, by spreading the good news of bitcoin we can help each other to uplift all coins and not only bitcoin, and when all coins now have lower value then let us try to buy more coins and just hold it because I believe in the latter part of the year there would be something good for all of us.

[Ridwan Fauzi]

It's not about good news or bad news, you can see cryptocurrency media already a lot, they will make an information based on facts. All media can not hide the negative things that happen to cryptocurrency, they are neutral if there is good news they will convey as well as bad news they will deliver as well. Cryptocurrency must evolve according to the system, without any artificial engineering that will pump the market temporarily, as I'm sure there is still a lot of potential that everyone has not known about cryptocurrency.

[darkangelosme]

For me just because they don't know what is bitcoin and also they don't know how to make profit from it since the beginning, that's why how they wish that bitcoin will go down even lost forever. Just don't mind them, let them wish as long as they want. And for us who love bitcoin very much we will just continue our bitcoin earnings  .

[XinXan]

it is called FUD and the purpose of it is to try and bring the price down and the reason for it is because they want to buy bitcoin.

the thing is many people know the fact that bitcoin market is still small and can be influenced a lot by the decisions that people make. and sometimes these decisions are based mostly on drama and what they read online. but generally it is from the news they read like the hack news, or some adoption news (as an opposite way which leads to rise) not some random idiot's comment on a forum.
with that mistake they start spreading bullshit about how price is falling so that they can buy more of it.

And don't forget shorting, you can profit from the market downfall if you are shorting. ''it is called FUD and the purpose of it is to try and bring the price down and the reason for it is because they want to buy bitcoin.'' However if that's really the case then you don't have anything to worry about, they would only want to buy bitcoin if the know it's going up again.

[royalparade01]

I think they want bitcoin to fall down for them to be able to buy it at a very low price. They are spreading FUD in order for bitcoin to drop it's price to the lowest price it can ever have. People think they will not be able join the roller coaster ride to top without investing in bitcoin at a very low price. And claiming that their ICO/project will overtake bitcoin is the only way they think that will give them high hopes to be close to bitcoin experience that  skyrocketed from a very cheap price. They also want to experience this that's why they are claiming to overtake bitcoin.

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Yes I agree they wish to downfall of bitcoin because they buy more for lesser prices. They do that in preparation for the future when the bitcoin is in good and higher price .

[elygil2022]

Splendid observation! I noticed that too. Lots of threads on the demise of bitcoin. They probably think of it as a strategy to delay the next bull run. Buying time to raise more funds.

[Jamescur]

Because they speculate on BTC when BTC collapses!
They have no BTC in their hands. When the BTC price collapses, they buy BTC at a low price, and when BTC rises, they sell it!

[Bulljcak]

It is either because they are bitter to bitcoin or they are doing it for strategy that if other people take the bait and the price goes down, they will buy large sums of bitcoin.

Maybe they are investing into other cryptocurrency
and they are experiencing a very low market value.Thats why they wish the downful of bitcoin so that they will get the highest price.

[ayiaye]

because they want more beinvestment dibitcoin with a fairly cheap price. that we know, bitcoin prices are now still quite expensive, and this will continue towards a low. if we invest in a small amount of capital, at the current price, it may be more profitable to invest by waiting for cheaper bitcoin prices.

[CoinstarF]

Because there's a lot of people who are afraid to invest in Bitcoin, because they think that they've missed the train, and altcoin/ICO marketers are playing on this feeling by telling them that their coin is going to distupt Bitcoin or Ethereum. They also use the fact that Bitcoin and other networks had problems with transaction capacity to tell newbies that their coin will be better.

It is just a marketing strategy so that they can attract more investors to invest in their coin. I have seen countless times about people saying that they wish they have invested in bitcoin years ago but they didn't believe in it then that's why they were able to buy at a higher level. If they have been able to buy at a lower price then they would have more profits. Marketers are pointing out the weakness of bitcoin in terms of scalability so that investors would think that their coin would be much valuable than bitcoin.

So, there's nothing personal here, they might not actually want Bitcoin to fail (it would sink the whole market), and they might be actually hodling it themselves, their FUD is just a part of their selling strategy. Keep in mind that almost any coin other than Bitcoin has huge teams of marketers, and they spend more resources on promoting than on development, because most likely they are never going to release and support the full product.

Instead of wishing bitcoin to fall, we just wish that those cryptocurrencies would be recognized and use by people for its actual use and not just speculation purposes so that mass adoption would happen. If those marketers would receive tokens then they might as well use the crypto for its actual use case because I am sure that they are holding a pretty huge amount of it so it would be to their advantage if it would be much valuable in the future.

They are wishing of downfall because they can buy in a lowest price as they  can stock on it as many years they wanted to hold  start in a small amount and sell in a higher price this could be a wildest strategy to become wealthy  if many will buy then the supply is shortened many users will seek on it so goes on higher price no choice.

[rightway00372018]

One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

I think many people are still wishing for a bitcoin to be downfall because may be they want to buy more bitcoin in a very cheap price that they can invest long term just to gain more profit once bitcoin market value will increase.

[Tambu]

They wishes because they want to buy BTC. Some consider it an opportunity. Bad thing is all alts are dependent on btc’s price.

[marlonbatotoy]

I think.. If bitcoin going down.. That's the time to invest.. Because bitcoin is run up to 19k dollars last december so it has a potential to grow up. Now bitcoin is so expensive even it's going down because the convertion of dollar to our different country.. That's why i dont think bitcoin is going to be dead.. Because some investor is just waiting for that time..

[nguyenhoven]

One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

some people probably still want to fill their bags with cheap coins before the price is in hundreds of thousand dollars instead of thousands as it's these day. I'm pretty sure that will happen soon.

[Boldcom]

One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

It’s crab mentality. No matter how hard you try to succeed, there is always someone who wishes you to fall. Not everyone is happy with your success. There really are people will love to pull you down.

[ambisyon]

Probably, the haters of bitcoin are investing more in altcoin and for some, they want btc to still go down further such that they can buy more for a lesser price. Most likely, whales are making the FUD issue to make an impact on bitcoin thus affecting it's price and later once btc goes up, they're making good profit in the end.

[connexus]

Other people do not like bitcoin investments thats why they wish the fownfall of bitcoin amd other crypto currencies. Every downfall of bitcoin other crypto currencies follows. Those people who does’nt like bitcoin thinks that bitcoin is just a scam.

[shimbark123]

It's because they wanted people to invest more in bitcoin in which it can make the price go high. For those hodler who hodl much bitcoin, they'll get a lot of profit out of them.

[Mumbeeptind1963]

For me just because they don't know what is bitcoin and also they don't know how to make profit from it since the beginning, that's why how they wish that bitcoin will go down even lost forever. Just don't mind them, let them wish as long as they want. And for us who love bitcoin very much we will just continue our bitcoin earnings  .

In a brief explanation those people who wished that crypto will still remain in a downfall situation are those who didn't know what could be the real goodness bitcoin in their life that it could bring. And those people also are lacked of knowledge to new upcoming trending investment that was supposedly a very good investment.