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Author Topic: Why are there so many negative posts about BTC lately?  (Read 1175 times)
virtualdn (OP)
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April 20, 2021, 07:27:37 AM
 #1

Do they come from the Dogecoin supporters?

I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC Cheesy It's not gonna happen.

Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Roll Eyes

1 BTC = 1 BTC
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April 20, 2021, 08:09:01 AM
 #2

People who advertise DOGE are either ignorant or they are trying to cause a stir in the crypto space to entice people to buy DOGE so they have a chance to sell in larger quantities.
BITCOIN's price drop is a value adjustment after months of continuous growth. DOGE has too few people who hold the majority of the total supply. It goes against BITCOIN because the number of wallets containing BITCOIN is distributed more evenly.
To me, a DOGE is just a BOOM that can explode at any moment.

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April 20, 2021, 08:29:25 AM
 #3

Negative news are prepared by whales but news are spread further by retail investors, weak supporters and haters. Haters wait for falls of bitcoin to make their noisy voices. People include the retail investors and weak supporters listen to the voices from haters and believe it is the truth.

Whales are observing how news are spread out and keep smiling when their preparations make sense.  Smiley

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April 20, 2021, 09:12:49 AM
 #4

It has also caught my attention and I've opened a thread in meta about it.

I see it as too much of a coincidence. Maybe it's like you say, people who have shitcoins or haters. In any case, the Bitcoin price trend is going to shut them up in no time.

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April 20, 2021, 09:19:20 AM
 #5

It must be because the sharp and continuous drop in the prices recently after bitcoin reaching another ATH, they think that it is probably the last ATH in this year so they are being fearful as to what is going to happen to future of the market since it is uncertain.
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April 20, 2021, 09:21:34 AM
 #6

Do they come from the Dogecoin supporters?

I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC Cheesy It's not gonna happen.

Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Roll Eyes

I am 99% sure it's completely unrelated to Dogecoin and its supporters.
As said, at soon as there is something that can be exploited for FUD, most usual being the longer corrections, the FUD comes up in full strength.
In my eyes it's some entities (even traders) desperate attempt to buy Bitcoin cheaper (every $ matters) by shaking the weak hands and newbies.
It has happened before, it will happen in the future. In the era of fake news, FUD can be seen somehow similar to guerrilla marketing.

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April 20, 2021, 10:12:02 AM
 #7

It happens because of what Elon Musk is doing, he manipulates the market specifically the Dogecoin so beginners who follow him and trust him will surely get hyped about this altcoin. Dogecoin creates a big hyped in the crypto community as it already rose too high this past few weeks, so I can't blame most of the people who keep on making some negative thoughts about BTC because they see how dogecoin moves but not to the point that Dogecoin can reach Bitcoin that won't ever happen.

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April 20, 2021, 11:03:38 AM
 #8

If they're hoping for it, too bad that it won't happen. That's already too far from their expectation and very ambitious thought about taking over bitcoin.

With those posts negatively about bitcoin, they come out usually to add pressure to the selling orders and make the weak hands panic to push the price down.




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April 20, 2021, 11:13:37 AM
 #9

Do they come from the Dogecoin supporters?

I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC Cheesy It's not gonna happen.

Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Roll Eyes

I don't know where they come from. But it's really a classic thing about Bitcoin. When the price surges, too many people start talking about Bitcoin by lauding it. But when the opposite happens, we immediately start seeing people talking negatively about it. I've really got used to it.  Grin

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April 20, 2021, 11:49:27 AM
 #10

Do they come from the Dogecoin supporters?

I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC Cheesy It's not gonna happen.

Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Roll Eyes

I think there's nothing new about it. because it's an old strategy that purposely created to target the specific crypto by spreading FUD in order to bring down the price of that cryptocurrency and this time it was Bitcoin and it was effectively delivered because Bitcoin price was down lately, By the way, I dont think Dogecoin users or supporters are behind that FUD on Bitcoin because Dogecoin has not many supporters IMO, because it is just a simple meme coin that turns into a pump and dump coin.   
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April 20, 2021, 12:16:27 PM
 #11

The FUD has always existed. The FUD is spreading when someone tries to harm someone, the basic idea is to create uncertainty and confusion about the whole concept of cryptocurrency by using an argument like: "bitcoin is not useful anymore", which of course is not true. The fear will not go away and the old FUDs will only be repeated over and over again.

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April 20, 2021, 12:48:28 PM
 #12

It goes both ways, there are DOGE haters as well as BTC haters. You know, birds of the same feather flock together.

While BTC one is common, it doesn't have some valid points though for DOGE too. The supply is theoretically unlimited, so pumping the price does raise some concerns.

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April 20, 2021, 01:19:50 PM
 #13

Where have you been lately? I haven't seen seen a lot of negative posts about BTC lately. There are a few as there always are but I have not noticed that there are more of them now. In fact, I have seen many positive news lately. China is now considering Bitcoin as an investment alternative. Time Magazine accepts Bitcoin as payment. And fresh from the oven, Venmo's 77 million users can now buy and sell Bitcoin. It is a matter of which news is significant to you.

I don't think the fall in Bitcoin's price is due to Dogecoin's supporters.

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April 20, 2021, 02:33:09 PM
 #14

I think that is common to see in here, when bitcoin price on bull run there are some people who shill about it, but when it down for a moment, then some other people will say negative about it. It is only to create panic sell, or maybe they still on short bitcoin trading so if bitcoin dumped they can get profit with it.

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April 20, 2021, 04:01:11 PM
 #15

Do they come from the Dogecoin supporters?

I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC Cheesy It's not gonna happen.

Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!  Roll Eyes

Dogecoin will not be able to take over Bitcoin, because the price of bitcoin is already very expensive and bitcoin already has more supporters than Dogecoin, in my opinion it is impossible if Dogecoin can take over bitcoin. the negative news that appears at this time is only to drop the price of bitcoin to take advantage by buying it at a low price, I am sure after that the price of bitcoin will go up again and will reach $ 100k.
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April 20, 2021, 04:29:31 PM
 #16

I have seen bitcoin crash started due to an electrical blackout in a bitcoin mining farm in China, resulting in an instant drop of 30% in hash rate. Consequently, investors started cashing out the investments, at least for now. As we know, this market works in *domino effect*: the consequences of an initial event are immeasurable and can increase to unthinkable proportions.
But of course Doge isn't going to replace bitcoin. People are just making fun of it, because that is the purpose of Dogecoin after all.

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April 20, 2021, 04:41:36 PM
 #17

There are way too many for it to be just regular Joes trying to negatively affect the price. It's probably a spam coming for large whales in an attempt to further dump the BTC price. Corporations need this so they can buy up lots of BTC before the actual high of this halving.
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April 20, 2021, 04:51:32 PM
 #18

Negative news are prepared by whales but news are spread further by retail investors, weak supporters and haters. Haters wait for falls of bitcoin to make their noisy voices. People include the retail investors and weak supporters listen to the voices from haters and believe it is the truth.

Whales are observing how news are spread out and keep smiling when their preparations make sense.  Smiley

They are trying to make bitcoin fall again to much lower price and basically its much easier for them to invest and profit more. One more factor is the act of Elon Musk lately. It gives a big factor in the changes in price of bitcoin. Maybe its only the start for Elon and buy more bitcoins for his next projects and definitely  advertise the use of it. Well that is definitely give more hype to others to have crypto in them.
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April 20, 2021, 05:26:58 PM
 #19

This happens every time there's a correction. Part of it is legitimate newbies who feel scared and hopeless and need to rationalize their decision to exit Bitcoin market, perhaps even at a loss. Another part is trolls and Bitcoin haters who spread negativity about Bitcoin as a hobby. And the last group is hired shills who work for traders/market manipulators who want to see Bitcoin dive deeper so they can buy more coins before the market starts growing again.

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April 20, 2021, 05:37:55 PM
 #20

i think its about the time . the person or someone who plays the price of market doge. they will stop itself because if it continues like this I really believe Doge miners will be very happy because it is much more profitable than mining bitcoin. "just for this moment" and that person who plays the price will also stop itself!  and all those who are tempted by the price of Doge coin right know will regret if they are still expecting too much. its just about the time .
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