/biz/ - Business & Finance

>>30419752
The longer you hang around here, the more you start to realize the cycle of people who come to biz.

When a good crypto comes out, you'll see it shilled to no end along with the actual pnd scam coins.
Next, said good crypto will take on a life of it's own with high quality memes and threads as people invest and explore its possibilities.

Then, you'll see the crypto have an initial pump. Maybe like 10x-20x. This pump will bring the attention to a max.

After the initial pump, you'll start seeing the FUD come up. Sometimes it's valid weaknesses being pointed out, but mostly it's people trying to bring the price down because they missed out on the initial pump.

The next part of the cycle is the pump that makes the initial holders very wealthy. They hold on to the crypto but they start becoming less vocal about it because why would you if you've already made it.
At this point, these cryptos have multi billion dollar market caps and are beyond the point where anything said on /biz/ can affect them.
So you'll see less and less said about them and even big movement in price doesn't really do much to stir up a conversation at this point.

The people who bought BTC or ETH when they were still new have so much money that they don't need to be glued to /biz/ every day in hopes of finding a way to make it.
They may come on every once in a while to gloat, but that's it.

LINK is just one big pump shy of joining the other big coins in that it would take someone seling their home to buy even half a make it stack.

TL:DR Excitement about BTC isn't as high anymore because it's in the big leagues, and the people who have a lot of BTC don't post here anymore because they've already made it.