Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.
I just don't get it.
Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!
Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!
This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?
I think we need to stop giving the panicking people attention and focus more on positive sides.
We don't know the reason why they often said that things. Maybe you have a point in that matter, it is their tactics anyway, for believing bitcoin will drop at the price below 800$, of course if that happens they will buy more bitcoins, when things is done accordingly they will wait for the price high.
i think the reason is very simple, some people want bitcoin price to come to a low level and they come able to purchase it in a low price. for this reason they are spreading such kind of news in the market so that people start panic selling. but in fact people are now becoming more mature and most of theme are not ready to sell thier bitcoin in panic selling. we have good example of bitfinex when the hacking news spread in the marker and some people start panic selling but at 500 USD level the market god a farm support and then it start raising again gradually.
The reason why these people are spreading is because they have experienced something unusual and negative on bitoins and possibly due to selfish reason. So I made some list on the probable cause why people kept saying bitcoin is dead, as follows;
1. Negative profit
They are not successful in bitcoin investment, instead of making profits they lost their capital possibly due to hackers, scams and the volatility of bitcoin
2. Slow transaction speed
People are tired of the slow transactions speed thats why they thought that this problem may cause bitcoins death
3. Plan to destroy bitcoin
Developers of other cryptocurrency wanted to destroy bitcoin so their coins will be the number one currency online.
Feel free to add on this list... This is my observation why they said bitcoin is dead.