Competition is far higher than it was for web2.0 it was a natural progression. But also if we build cool shit then users are simply going to share it. Focus on building cool shit people want to use instead of wasting all of this time trying to farm web2.0 such a time waste and resource waste.
Price action and building awesome stuff people want to use is where the growth will be.
I agree with all this other than price action. That doesnt foster growth but pumps. Sure some join for a bit but they are only after the next leg higher to make money. The first sign of a bear, they run.
Cool shit building...that should be our motto.