In recent times, some new ICO companies have been kidding about Bitcoin on Twitter, Facebook for their ICO promotion. I think this promotion way is very negative for Bitcoin. They showed that Bitcoin will be destroyed and their token will become number one. They have presented it in such a way that the price of Bitcoin will not rise anymore. I think this type of promotion is very negative in the market.
they will not win against bitcoin, because of the way their promotion is wrong then people will not be sympathetic to their ico company. people are so fond of bitcoin that people are working hard to get it, even though bitcoin prices are slightly below and that will not affect them. so they will just waste their time and effort by promoting them that way.