How does it all work, wise /biz/nismen?
It has to pump first
>whales accumulate
>they pay pajeet shitcoins to shill
>whales dump on people buying high
>they pay pajeet shitcoins to fud
And the cycle begins again
hype.
thats pretty much it
How does PoW to PoS affect a crypto's price? Assuming new supply ceases to be created the price would rise right?
Big players gain 90% of the profit and just trick Wolf of Wall Street larpers like /biz/ into thinking that putting 1000$ into crypto will buy them a lambo in a few years.
Basically nerds think they can get rich without doing anything, but in reality they are getting tricked and losing their gains, as seen in the past few days as crypto is crashing.
>>3426934
"crashing" lmao, shows that you haven't been following crypto very long.
>>3426997
What are some cryptos that are going PoW to PoS relatively soon?
What are your bets on moon coins?
>>3427065
t. denial
>>3426871
This; literal meme magic.
>>3426807
manipulation