The fact that way more is happening than this troll polluted shithole of forums suggests. If you ONLY read this, you will end up reading a lot of crap and a few useful things here and there.
Of course BC has been pumped and it is still going down - name one Altcoin where this did NOT happen (People do also tend to forget that BTC went from 1200 to 275 USD in a similar time span). But although people keep dumping (likely with massive losses and for reasons many do not understand), development is going on, protocol wise as well as in terms of infrastructure.