Why do some people in crypto still wish the downfall of Bitcoin? - page 6.

mickeybuddy27

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Quote from: Legendari on September 18, 2018, 01:08:12 AM

I think these people are offended that they lose money and so take out their anger. Or they just want to buy cheaper)

Mostly want it deeper to buy huge volume at lower cost. Some wished that way for the others to become miserable also after losing profit from investment, it make them feel bad for themselves and want others to feel the same way.
I do not think it will come to much lower price because it many investors take chances for opportunity taking it this time.

indopool

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Maybe they have low knowledge about Bitcoin or they suffer losses due to lack of knowledge in investing. that's why they hope that bitcoin will go down and even disappear forever. Just don't mind them, let them hope as long as they want. And for those of us who really like bitcoin we will only continue our bitcoin income.

xbossJ

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Invest and play

Those Who wish the downfall of $Bitcoin are probably those who missed out on buying it when it was little known and cheap, those who sold all their holdings out of impatience, those who are having a project they want to see become as big as bitcoin overnight and those who probably bought High last December only to now see the price at $6k. Each person in this category feels anger, jealousy, frustration and overall inferior to those who have hit it big from the bitcoin explosive gains. I feel so too sometimes not for $Bitcoin, but for coins I am involved with or was involved with.

virendarnagpal

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Bitcoin along with few good crypto coins will be always leading the market. Some people with vested interests may be spreading fake news and many times they are successful in moving upwards or downwards the market.
Speculators; big whales; people with SCAM ICOs always try to swallow the wealth of innocent investors so they doing such actions in their favor; it is up to us to become intelligent; search on our own and take decision on our own experience not based on the fake news.

Aponkye1

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That's something i also don't understand because we all know bitcoin is the king of cryptocurrencies and it has over 50% dominance over altcoins making other coins rise when bitcoin also rises. I don't understand why they would want bitcoin to fall.

charlemagne_15

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Quote from: Blessed J on June 23, 2018, 04:48:13 PM

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 the people who spread fake rumors and negative news or opinions of them are the haters of the bitcoin. They are the one who wants it to fall down because they don't seem to like it. Because of that fake news scattered around the media and in world, the possible investors are now doubting if they will still engage or join the cryptocurrency world. But remember that although it falling down sometimes, it will soar high again and if bitcoin will end the other cryptocurrency will also fall.

goldSkylark

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I think this is the result of having a mentality that’s stuck on bitcoin as an investment. If one simply treats bitcoin as an asset, and invests so much in it, one will of course have an intense negative reactions if the investment fails. Only those who have an open-minded perspective about crypto will understand its huge potential. If you focus on crypto’s capacity to change our financial structure as a currency, you’ll definitely won’t wish the downfall for any of these coins.

MinSiu

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I think there is just one reason that they want to buy bitcoin at the cheapest price.

terencio

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Bitcoin, the first and the most popular cryptocurrency those Bitcoin haters from the very beginning they did not expect this success that Bitcoin has now. They tried to spread the FUD and to make negative impact in the market. Some had a bad experienced of crypto and get salty about it.

Darker45

legendary

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These people can be categorized further. There are Bitcoin haters actually. They are the ones who entered into the Bitcoin arena just to spread FUDs and ways to create trouble and panic among the supporters. There are also those who just want the prices to go down so that they could accumulate a bigger amount with a discounted price. And then there are those who are ignorant supporters who are really troubled about what's going on despite the very normal rise and fall events, thereby unintentionally discouraging others.

Moiyah

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Based on my analysis, bitcoin will never ever go down to $1k, there is no basis on that. And I do not think ICOs and other projects tend to spread false rumors to make the bitcoin's price a downfall. We all know that other coins are just following bitcoin's situation.

AliMan

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Vave.com - Crypto Casino

Quote from: cfif123 on September 18, 2018, 01:29:11 AM

Quote from: Legendari on September 18, 2018, 01:08:12 AM

I think these people are offended that they lose money and so take out their anger. Or they just want to buy cheaper)

the problem is that it causes loss because of panic and the wrong person. whereas if you want to wait patiently until the price of bitcoin rises again, certainly avoid losses or losses. so in this situation don't blame bitcoin for losing all of your money

Maybe because they want to buy Bitcoin in low price, so that they wish the downfall of this coin. And I think it only happen when the market is dumping, they can buy lower price Bitcoin but if the market is falling surely the other cryptocurrency will also fall their price. But unfortunately Bitcoin right now is gradually rising, so I suggest to those people who waiting for the downfall of bitcoin is to wait because right now is the time for the rising of the cryptocurrency.

cfif123

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Quote from: Legendari on September 18, 2018, 01:08:12 AM

I think these people are offended that they lose money and so take out their anger. Or they just want to buy cheaper)

the problem is that it causes loss because of panic and the wrong person. whereas if you want to wait patiently until the price of bitcoin rises again, certainly avoid losses or losses. so in this situation don't blame bitcoin for losing all of your money

Legendari

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I think these people are offended that they lose money and so take out their anger. Or they just want to buy cheaper)

Marlo0619

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🚀🚀 ATHERO.IO 🚀🚀

Because I think they have been scammed and maybe some are not profiting in bitcoin. Some people are just haters of cryptocurrencies and never will use it because they said it is just a waste of money and a waste of time. Those are just some of the people who wants bitcoin dead.

tee-rex

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Quote from: TRONTON on September 17, 2018, 03:25:19 PM

Quote from: A.H.Rassel on September 13, 2018, 01:52:55 PM

There are various people who are looking for the fall on Bitcoin. Because they want to buy bitcoin at a safe price and want to earn profit from it. Those people that still wish the downfall of bitcoin, they understand that Bitcoin will go to the moon once more.

I even expect it because it feels it's too late to collect bitcoin on a regular basis, if cheap prices will be very affordable, I see various articles and popular sources about the enormous potential of bitcoin, this is very painful for holders who are still connected with the cost of living, but in general, it will be very good if bitcoin goes down this year, at least giving the opportunity for many people to get involved more actively collecting it.

If the past is any example in these matters, people are more inclined to start buying bitcoin when it starts rising, not the other way around. In this manner, if bitcoin starts to crash, for example, down to below $5000, there won't be a lot of support apart from a few wealthy individuals buying cheap bitcoins. The majority won't be participating in this sell-off on the buyers' side. This is how the mob psychology works. And it is likely one of the reasons most people lose in the long run. They sell when they should buy, and buy when they should sell.

TRONTON

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Quote from: A.H.Rassel on September 13, 2018, 01:52:55 PM

There are various people who are looking for the fall on Bitcoin. Because they want to buy bitcoin at a safe price and want to earn profit from it. Those people that still wish the downfall of bitcoin, they understand that Bitcoin will go to the moon once more.

I even expect it because it feels it's too late to collect bitcoin on a regular basis, if cheap prices will be very affordable, I see various articles and popular sources about the enormous potential of bitcoin, this is very painful for holders who are still connected with the cost of living, but in general, it will be very good if bitcoin goes down this year, at least giving the opportunity for many people to get involved more actively collecting it.

tee-rex

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Quote from: Blessed J on June 23, 2018, 04:48:13 PM

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 this is the workings of ego which are expressed through hate toward bitcoin. We all consider ourselves as special, and it is the expectation, not the exception. When people invest massively in some altcoin, they are associating themselves with this coin as it is the way to justify their choice, especially if there is nothing else to dance on. They start to think it is special, the best of the breed, so to speak. Obviously they are unconsciously putting it above any other coin, but as bitcoin is at the top, the easiest and most practical way of doing that is to degrade and defame it.

This is not what true investors do or should do, they shouldn't marry their investment, but this is how things are in the cryptoworld. And even your own post confirms just that - "we should accept that bitcoin is the KING". From an investor's point of view, you shouldn't accept bitcoin as a king or a clown as these notions should be beyond your investing lexicon or vocabulary, and I don't mean literally here. You shouldn't think in these terms and notions at all.

In simple terms, don't make it too personal.

avoxosuccesful

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Real talk tho. but there's a saying that when the purpose of a thing is not known, abuse is inevitable. many people who even invest in bitcoin and crypto precisely really dont believe that they'lld make something outta of it. some got in because they'v got friends who understand the vision of bitcoin and maybe they dont want to be left out so they had to invest a lil. truth is bitcoin ain't going no were see the big picture.

Kulgan8989

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And why do you need bitcoin? there are already a bunch of other wonderful projects. You yourself know the answer perfectly

Topic: Why do some people in crypto still wish the downfall of Bitcoin? - page 6. (Read 2711 times)