>People crippling the fundamental usecase of a chain for short term speculation is bullish
This post right here.
This is the same sort of giggaretard thinking that resulted in the dot com bubble, the housing market collapse, and pretty much every other speculative crisis in the last 200 years.
>BUT MUH NUMBER GO UP!!!!
And what about when it STOPS going up?
Then number goes down.
It goes down until there's fuck all left and anyone that bought after 5 years prior to the burst is completely in the red.
If you can't even use the chain for it's intended usecase, it's completely fucking worthless, and if it's completely fucking worthless, the only value it has is speculative gambling, which only lasts until the next big speculative thing comes out.