Biz fucked it up PT 2

>>2731205
>damages the reputation of crypto to people unfamiliar to it
Yea I think the amount of vaporware and straight up scams did that for itself.

>>2731209
Didnt stop people before, shitcoins just died as entry 700 on coinmarketcap. . Now that FUD is more rampant, the decline is played up majorly. Say a top 10 coin is a SCAM SCAM SCAM where they are printing coins and cashing out, you better believe people are getting freaked out.

>>2731224
>Say a top 10 coin is a SCAM SCAM SCAM where they are printing coins and cashing out, you better believe people are getting freaked out.
This shit literally happens though. Don't be so naive.

A lot of money came in, after that, the growth went stale, people who made money pulled out, there's nothing surprising about that.
The people who held shitcoins deserve it, they were all about real world usage when it's still hard to even use something like bitcoin. Having so many shit tokens worth millions has to catch up.

And /biz/ is irrelevant in this whole thing. https://trends.google.com/trends/explore?q=bitcoin crypto is now know to every investor so the gold rush is over.

Crypto will still become way bigger but it will grow slowly and it will start to look increasingly more like other financial assets

>>2731205
Trying to buy cheap coins?? Not in this market buddy. Cashed out a while ago. Now I just spread FUD for fun :)

>>2731231
Well, several are not scams. Yet I see the popular consensus that it is a russian/chinese/jewish/pajeet SCAM, when the coins actually work as intended and there is information of the ICO and roadmaps being executed. Really disheartening to see. People don't realize that if there is a good way to destroy crypto, its to see how hard we can destroy a piece of legitimate software's reputation.

>>2731259
You dont know the market cap some of these projects could reach, why risk scaring people away permanently, when you could foster growth and have people trust crypto much more and be willing to inject more money in?

>>2731292

>>2731359

>you just scare people away you stupid fucking nigger and nobody comes in to buy your fucking coins ever again. You can get the same fucking effect by just convincing massive amounts of people to buy and grow the market cap as opposed to trying to "make the shares cheap".