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.
Of course such a promotion is very negative, but that's competition in business. But it will not affect people who already trust bitcoin, because in fact to this day more and more bitcoin enthusiasts and bitcoin investors.