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Author Topic: Why do some people in crypto still wish the downfall of Bitcoin?  (Read 2644 times)
Mcdacillo
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July 07, 2018, 02:10:15 PM
 #161

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?

In my own opinion, there are two reason why bitcoin users are still hoping and still want to make bitcoin fall. The first reason that comes to my mind is that, of course if bitcoin falls. It is easily for the people to buy bitcoin and later on if it will raise again its price then they will sell it. The second reason that I think why bitcoin users is still hoping for price fall is because they believe that after a fall there will be a greatest comeback of bitcoin.

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ylnar123
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July 07, 2018, 02:14:36 PM
 #162

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?

That is what we call greed. Sometimes new cryptos think that they have the guts to take down the pioneer of the cryptocurrency but it has proven wrong. To think that they are trying to bring down Bitcoin is the fact that greediness will lead to no good in all aspects.

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July 07, 2018, 03:00:44 PM
 #163

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?

Maybe, because it is a free market and everyone does what he sees appropriate for his own sake? Also, why should we accept that bitcoin is the king? Again, it is up to everyone to decide on their own. Are you heavily invested in bitcoin and want to dump your coins on someone else? When people talk about "uniting", in most cases they are in fact pursuing their own selfish interests. Having selfish interests is okay as everyone and his grandma has them, but it is not okay to be a hypocrite. If you are left holding the bag, bite the bullet mate. There's no free lunch for everyone (and his dog).
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July 07, 2018, 03:10:36 PM
 #164

Maybe because they have their own coin in competition so that they have would always want to gain attention for more profit or maybe they wanted to invest and they wanted to have the bottom price for greater profit.

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July 07, 2018, 03:10:54 PM
 #165

I do not understand people who wish it.
I think they envy that we hold bitcoin and make huge profit.
Bitcoin is #1

The reason that you give is also very reasonable, although bitcoin has made a profit for many people but it also took away the property of many people, it is people who panic selling and trade bitcoin with low understanding and no plan, jealousy is a sure thing when others are happy to make money while they are constantly losing. They just wish bitcoin would soon collapse to laugh at people like us, in addition, some people may be government, bitcoin has an impact on the economy and cause social imbalance, and the government can not do anything, too much trouble has come, they just want it to disappear right away

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July 09, 2018, 04:13:09 PM
 #166

Some people want to buy bitcoin at the lower price because of they are late for coming in cryptocurrency market so they wish the downfall of bitcoin for buying more bitcoin and altcoins.
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July 09, 2018, 04:25:03 PM
 #167

Just be patient. All there will be. This is not the right moment to cross each other. True that you say better to support each other. And indeed this is the strategy of each investor.
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July 09, 2018, 04:32:06 PM
 #168

Those people want low price to buy cheap Bitcoins but actualy after buying they want the price to rise high quickly so that they can earn fast profit. But in reality things are not functioning that way and Bitcoin price is moving according to the wishes. On the other hand some can't afford to buy Bitcoins at high price.
Still I beleive that every price dump is good opportunity to get more coins as an investment for the future. Sooner or later it will pay out.

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July 09, 2018, 04:40:24 PM
 #169



yes, there are many factors that cause it to happen. as you say, some developers do it just to boost its crypt value. the rest spread FUD to lower the bitcoin price and then buy it. this is the world of crypto full of intrigue and so there is always market manipulation.

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July 09, 2018, 05:04:50 PM
 #170

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?
sometime they believe if bitcoin rush too fast it will bounce higher and that is that they want, and the other side, some people wait for a dip because they want to buy coins in cheap price, i think both of it have affect for price

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July 09, 2018, 05:32:57 PM
 #171

Sometimes we can not blame them maybe they have their own reason why but it's really hurt, maybe they have less money and they want to buy more for long term.
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July 09, 2018, 09:18:53 PM
 #172

Sometimes we can not blame them maybe they have their own reason why but it's really hurt, maybe they have less money and they want to buy more for long term.
It is not the problem of the single person but a lot of people are here who want to buy bitcoin I high amount but they don’t have enough money for it so they are trying to make the price down with lower the value, I told all my friends to invest in bitcoin a few months ago but some of them did not buy because the price was not so high but after this new trend now they want to see bitcoin 6k again which is  not possible because bitcoin has started to rise now.
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July 09, 2018, 09:30:56 PM
 #173

there may be 2 reasons for it, the first one is that investors can earn money even when btc falls by making short positions on it and the second one the whales everytime wishes the lowest price possible to make their investing and pump the coin.

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July 09, 2018, 10:00:15 PM
 #174

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 most of that bad vibes are coming from those that either have lost so much that it's really hard for them to stand up and regain what they lost; those that are up until now skeptics and doubters that even though they don't have ample knowledge are easy to judge the market and its assets and have branded it as an auto-failure; or those that have tried for a couple of times but failed on the onset because of lack of knowledge. And therefore, instead of trying to get to know the system better, they just try to input bad luck and vibes to it because they have experienced such difficulties that most people did, but then since they are not serious, they chose not to get back up.

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July 09, 2018, 10:01:44 PM
 #175

There just afraid of what it could become, I don't really think they want it to go bad for BTC unless it becomes a thing they are gonna need in there lives down the road.
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July 09, 2018, 10:34:51 PM
 #176

I can't quite get the rationale behind them wishing Bitcoin to fall even tho to them is a marketing strategy but I believe once bitcoin falls all other crypto based project will follow suit.
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July 10, 2018, 11:36:13 AM
 #177

Sometimes we can not blame them maybe they have their own reason why but it's really hurt, maybe they have less money and they want to buy more for long term.
It is not the problem of the single person but a lot of people are here who want to buy bitcoin I high amount but they don’t have enough money for it so they are trying to make the price down with lower the value, I told all my friends to invest in bitcoin a few months ago but some of them did not buy because the price was not so high but after this new trend now they want to see bitcoin 6k again which is  not possible because bitcoin has started to rise now.
Yes that can be the main reason that they want the bitcoin price to dump because they want to buy bitcoin with a low price and it can only be possible if the price is dumps, but i think that bitcoin price was trading too much low for a long time and therefore i do not think that bitcoin price will dump any more but now the bitcoin price is expected to continue increasing for a long long time.
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July 11, 2018, 12:47:54 AM
 #178

Some investors in the crypto want a drop in Bitcoin price, they want to buy more Bitcoin at a cheaper price and want to be rich on the rise. So, they don't care price of Bitcoin about the damage that the Bitcoin will give to the market.
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July 12, 2018, 01:29:39 PM
 #179

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 because they want to buy as much bitcoin as possible and hold for long periods of time so that they will multiply many times. Because i dont have much capital so i can not buy bitcoin so much. I just buy some of bitcoin.

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July 12, 2018, 07:46:58 PM
 #180

I think that some people do not understand how their carelessly expressed opinion can affect the price of bitcoin. One told his friend his bad predictions, a friend passed on to someone else and a chain of bad news went. And people get panic.
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