How are people in the crypto community not smart enough to realize that these price increases (which impact the entire crypto market) are not a result of BTC becoming more valuable, but rather whales pumping and dumping BTC to get richer while everyone reacts to the market emotionally?

In all honesty, it's almost as stupid as people who follow CNBC for financial advice when CNBC has proven to be LITERALLY the worst financial advisor. These people are practically getting used without realizing it.

submitted by /u/1MightBeAPenguin
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source https://www.reddit.com/r/btc/comments/gckrfj/how_are_people_in_the_crypto_community_not_smart/