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Topic: Why do some people in crypto still wish the downfall of Bitcoin? - page 11. (Read 2711 times)

sr. member
Activity: 812
Merit: 250
Well I don't know... It all depends on what you mean by fail. I think it has indeed completely failed to be a currency due to its lack of stable value and inability to scale. It also has slow confirmation times which don't lend well to real world commerce. But maybe it hasn't completely failed as a storage of value. At any rate, Bitcoin is only king because it was the first and not because it is the best.
I think they're insecurities are killing them so they just tend to wish bitcoin's fall. Haters will always be there and it's just their way of expressing what they feel. Most of the time those people who hates bitcoin and wishing it to fall are the ones who doesn't got involved there yet. In our part we just have to wish the opposite let's hope what is best for bitcoin.
newbie
Activity: 84
Merit: 0
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?
to make their coin superior they blame btc
newbie
Activity: 84
Merit: 0
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 in the reasons buy it for a low price  can afford to hold for a long terms.
full member
Activity: 686
Merit: 108
There are two major thing that prompt someone to spread FUD in the cryptocommunity especially when you see old cryptocurrency fan doing such thing. The person want the market to fall so that he can buy during the deep or he/she have an idea that he/she it to overshadow bitcoin.
They really want to dump the market so they can enter and have more cryptos. Too bad for us because they are effective on spreading FUD news because weak people easily react on it. Let's just wait for the right time because they cannot stop this market from growing even they wish for so many times.
sr. member
Activity: 700
Merit: 275
Well as far as I am concerned I’m not that person for sure.  Cheesy

The people do come from the background of FOMO where they miss or at least fear that they will miss the opportunity to buy more at less prices and mostly they miss it becaus they don’t courage things at the right time and later on same sort of people go and ask for downfall of bitcoin prices so that they can buy more.

There are rarely genuine cases where people do want to invest heavily but at the terms of prices being very much at the bottom.
member
Activity: 171
Merit: 37
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?



Because they don't want bitcoin to rise and improve. Maybe because they are on the other crytocurrency and they need to take down which crypto is leading like Bitcoin. We can't please everyone to like bitcoin.
Jlv
full member
Activity: 336
Merit: 100
The Future Of Work
Some people in crypto still wish the downfall of bitcoin because they want to obtain more bitcoin and earned huge profit when hold it for a long term.
member
Activity: 336
Merit: 10
We should not drop one another between the crypto currency. It would have a negative impact on the crypto currency market. Public confidence in the crypto currency will also decrease. We should spread the good news, but the good news is real. When we get bad news then we should analyze it and then fix what is the badness of crypto currency. This is to maintain the existence of crypto currency in order to survive forever. The ugliness of one crypto currency will have an impact on other crypto currencies and the kindness of one crypto currency will have an impact on other crypto currencies. Therefore, we should always support each other and unite to make the crypto currency better.
jr. member
Activity: 145
Merit: 1
It can not be denied if we drop each other the crypto currency then the bad impact will we feel. All crypto currencies will feel the impact, especially when we spread negative news about bitcoin, so not only is the belief in bitcoin reduced but the belief in other crypto currencies is also reduced. We should support each other rather than drop each other, when we do positive then we will get a positive reply also indirectly. We should think more about adults and always think twice about the actions that we will take.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
I also think about this.But I can't find the exact result of it.By the way,I discover something of researching about this matter.I think that they want to hold for profit in future and may be they want to hold this for a long time.For this reason,some people in crypto still wish to downfall of Bitcoin.Actually they are not haters of Bitcoin probably.
full member
Activity: 630
Merit: 102
There are two major thing that prompt someone to spread FUD in the cryptocommunity especially when you see old cryptocurrency fan doing such thing. The person want the market to fall so that he can buy during the deep or he/she have an idea that he/she it to overshadow bitcoin.
full member
Activity: 392
Merit: 100
Most of them miss the buying of Bitcoin when it was still cheap and trying to make the opportunity come again so that they can accumulate more btc and some altcoins begore it start picking up again...
member
Activity: 238
Merit: 11
With the downfall of bitcoin, one can buy them at the lowest rate.
That in mind, of course, there will always be people who puts up with their faith on the potential of bitcoin - its value depends on the users themselves so there is still a possibility for it to rise meaning there will be profit.
member
Activity: 345
Merit: 10
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 they are very late in the Crypto market. They have overlooked many opportunities to get rich and they feel unjust. So they want all the rich people from the Crypto market to go bankrupt so they feel more comfortable.
There are many people who are jealous and negative thoughts that always appear around us. So we do not care about them, look at Crypto's potential in the future. Wink
sr. member
Activity: 794
Merit: 272
Well I don't know... It all depends on what you mean by fail. I think it has indeed completely failed to be a currency due to its lack of stable value and inability to scale. It also has slow confirmation times which don't lend well to real world commerce. But maybe it hasn't completely failed as a storage of value. At any rate, Bitcoin is only king because it was the first and not because it is the best.
member
Activity: 434
Merit: 10
That is the most strangest thing of all that keeps happening all over this forum and i get really surprised when i hear stuffs like that. Almost every crypto enthusiasts is hoping that one day bitcoin will be finalle legalized and accepted as legal mode of payment in our daily life activities and her we have another group of people who are also bitcoin haters. Well you can hate but you can not win. Bitcoin is King.
newbie
Activity: 23
Merit: 0
people want gain huge profit in one movement that is why they still wish the downfall of bitcoin.when btc go down they can invest in more,also they know btc will rise up again.that time they can earn more profit.
legendary
Activity: 1596
Merit: 1061
Smile
https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.
Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.
I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"
Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.


Yeah Ok roger just fireworks hey
 I ran for California state assembly in 2000


Memory Dealer
https://bitcointalksearch.org/user/memorydealers-10310
    
Re: [ANN] Bitcoin Foundation
28-09-2012, 04:52:02

In reality,  I ran for California state assembly in 2000 as a Libertarian / Voluntarist.
I said enough to upset the feds so much that I became the only person in the USA to be prosecuted for selling a legal product
that was also being sold by hundreds of other companies across the USA including http://www.cabelas.com/
http://www.justice.gov/criminal/cybercrime/press-releases/2002/verPlea.htm
There is no freedom of speech.
This is why the world needs Bitcoin, and this is why I support bitcoinfoundation.org


Here is why I think BCH is Bitcoin: https://www.youtube.com/watch?v=vufeM92bfJw

I gave clear and consise reasons why I think that is the case.  Feel free to refute them with logic and evidence.

Yeah Ok

Not that the most decentralized blockchain is the real bitcoin

The one that holds all the illegal transactions from Silk Road

the one that can incriminate some very very big people

Leave the real blockchain alone, gotta catch the criminals (do not protect them)




He wants to hide the truth, the real blockchain
watch the market move see if this news hits home


crims around the world keep putting their foot in it
so many arrests, resignations, suicides, they are panicking, something big coming for them all

so weird a world we live in now, the good winning

jr. member
Activity: 196
Merit: 1
Express Gratitude With Merit
I think the majority of those people who want the downfall of Bitcoin are those who want to buy it for as much cheap as it can be. That can be either the newcomers of the market or experienced traders. Both types of people know how Bitcoin developed over the years. Before going to the moon, the price of Bitcoin went down crucially, even lower than the price of the previous year. And only after that, it started growing very fast and reach new heights. A lot of Bitcoin enthusiasts explain this year's huge downfall with this trend of cryptocurrencies. Everybody believes that the current fall is the preparation for a new huge growth. That is why a lot of people want Bitcoin to fall as much as it possible to make bigger income.
jr. member
Activity: 126
Merit: 1
so that they can invest
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