hi,
most of alt coins trade with btc pair,so that they can not stand itself.they want to get publicity on them project.if we talk about that, they already get that publicity.be faith in btc cheers!
Topic: Why do some people in crypto still wish the downfall of Bitcoin? - page 18. (Read 2711 times)
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.
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.
People just want their coins to overtake bitcoin meanwhile they don't have any project that will improve the lives of people. Bitcoin came and solved the basic problems people were facing regarding slow transactions, the possibility of double spending, the outrageous charges by the middlemen and so on. Projects whos wish to overtake bitcoin should rather work hard towards the development of their own product. As of now the price of bitcoin affects almost every other crypto.
I think a lot of people feel like they missed out on getting rich with bitcoin and yearn for a redo. A new coin that they can get in on the bottom floor of. It has worked to some extent with other alts. But the important part for survivability in a cryptocoin ecosystem is utility. A coin like ETH can do smart contracts, and so has Superior utility in that regard. But most alts are not useful and very often exist for no other reason than exploiting people. Others are basically script-kitty clones of bitcoin that work okay, but are not really needed.
It could be that new code brings blockchain currency to the next level, or even that a completely different idea about how to do a trustless cash system dominates. Whatever happens I think will not really be changed by peoples likes and dislikes. The winning money has to win people over and work best.
It could be that new code brings blockchain currency to the next level, or even that a completely different idea about how to do a trustless cash system dominates. Whatever happens I think will not really be changed by peoples likes and dislikes. The winning money has to win people over and work best.
Bitcoin since it operation has proven beyond all doubt and i personally know it the mother of all coins and those who wish its downfall in the name of their project have never realized how their so called project is dependent on the bitcoin. In fact bitcoin as the king of crypto i personally hope it will soon increase. There are always people who will never support you in live that does not mean life ends indeed bitcoin is about soaring higher.
Even a lot of these true crypto believers are trying to spread mass panic. They are doing this to obtain more bitcoin or to make profit on short contracts. They know the true future potential of crypto so its likely they are just stockpiling for the next bullrun which should be starting pretty soon.
Yeah some people believe on how Bitcoin value could grow more than what the current value had. That's why they hoping for lower price to set some buy order at the bottom, those people are confident enough heading Bitcoin future .. A little more drop , buy & keep it to get rise later would be the goal for for everyone, spreading false news aren't necessary to make price dropped , that's the nature when market have to go down continuously... The market affected by global issue , not a small issue like that. Why can't we unite and spread good news rather than hate one of our own?
You can't please everyone, simple as that. 
Even a lot of these true crypto believers are trying to spread mass panic. They are doing this to obtain more bitcoin or to make profit on short contracts. They know the true future potential of crypto so its likely they are just stockpiling for the next bullrun which should be starting pretty soon.
I will give my opinion as a user who has felt this moment. there are so many reasons about it . the thing that i believe it was.
1. they may be part of getting big losses when bitcoin keeps going down. And its desire to buyback at lower prices and make it provide invalid information to make the community afraid of news.
2. they have their own view of their assumption.
Do not just believe the information of others because they give their own assumptions. it's better to do your own speculation or follow the current market trend. others may lie to their advantage. but the market trend is always honest.
Without a doubt it is true. because almost all crypto pair with BTC.
so when the btc price goes down it will definitely have an impact on other coin prices as well.
1. they may be part of getting big losses when bitcoin keeps going down. And its desire to buyback at lower prices and make it provide invalid information to make the community afraid of news.
2. they have their own view of their assumption.
Do not just believe the information of others because they give their own assumptions. it's better to do your own speculation or follow the current market trend. others may lie to their advantage. but the market trend is always honest.
This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down.
Without a doubt it is true. because almost all crypto pair with BTC.
so when the btc price goes down it will definitely have an impact on other coin prices as well.
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. 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.
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.
It's merely a marketing and that's how they can get more investors by telling something false about bitcoin. I'll guess that you have read they've said "the next bitcoin"?In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall.
That is given, bitcoin is the king but some people doesn't really like bitcoin. It's like they don't have bitcoin and sold at a very low price so they are putting their hope to a cheap coin.I have read news where people are 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.
It's a FUD and if ever it goes back to that price, they'll start buying that's too much to ask with a high market cap now.Why can't we unite and spread good news rather than hate one of our own?
You can't please everyone, simple as that.
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?
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