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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29241986 No.29241986 [Reply] [Original]

I've grown disillusioned with this place.

/biz/ used to be a place that actually cared about project fundamental, mid-to-long term investment in projects and an aversion to smelly pajeet pump and dumps.

Sure, that shit has always been here, but it composed a much smaller percentage of the discussion here, and culturally was a breath of fresh air compared to the Reddit-esque cringe curry stink DIAMOND HAND MOON MISSION APES STRONG SIRS xDDD pump and dump chasing that has infected so much of the crypto (and also stock market) community. Now, the mantra seems to suddenly be 'stick your money in as many pump and dumps as possible and hope you get out on one or two of them before the rug gets pulled'. I see people on here commonly shitting on and making fun of the notion of people 'hodl'ing, as if everyone has the time, energy or patience to sift through hundreds of shitcoins a day, burning in their retinas staring at candles for entry and exit points. Common sense and emotional restraint has totally left the building.

Maybe it is pandemic restlessness, maybe it was an influx of GME redditors, whatever the case, this place has changed. Well guess what, you create the market you ultimately end up with. Are you sick of pump and dump pajeet and chink rug pulls? Stop buzzing them. Stop throwing money at them. Create the crypto ecosystem you want a future out of. All we are doing is ultimately encouraging shady practices in the crypto space and hurting or at least delaying the chances of mass adoption.

I still have money in the game and am part of a few discord groups I'll keep tabs on, but this is the last post I will be making on /biz/. Thank you for the fortune you've earned me, but you're just not the same place you used to be.

>> No.29242075
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29242075

>>29241986
lol do you really expect me to read all that shit by you? Pump and dump is the way of the market, we are merely disciples of the system.

>> No.29242211

>>29241986
>newfags first alt season
HAHAHAHAHAHAHAHA

>> No.29242399

>>29241986
lmao suck a dick

>> No.29242837

>>29242211
>newfag

I've been here since LINK was sub 10 cents. As I said, alt shilling has always been a thing. It is a larger issue of culture, we are being subsumed by cancerous, hivemind, emotion driven herding that is making a very select few people a good fortune while burning tons of others who get wrecked by a market they don't fully understand. The advice and hot takes being handed out here these days is genuinely going to cost most people more money than it will make them.

>>29242075
glad you could open the thread, type a reply, add an image, and fill the captcha tho. see above

>> No.29243023

>>29242837
I mean, besides the /biz/raeli yesterday who gave me 0.07 LTC (thank you anon-kun), I don't find any real value in browsing /biz/ except for the shitposting,
Also if you don't use the audio captcha and renigger the captcha, I'm afraid your NGMI.