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Suddenly we are at $33k. 🥂 (cointelegraph.com)

submitted 1 year ago* (last edited 1 year ago) by Pulsar to c/[email protected]

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Is this a real bull run that will take us over $50k or just another pump and dump.

People I know I'm creating low effort posts, but I can't find any active Bitcoin community in Lemmy to follow and I refuse to go back to Reddit. So we need to f*** start somewhere.

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[–] Pulsar 2 points 1 year ago (2 children)

Thank you for the grammar lesson, english is not my first language.

In reality I don't trust 99% of the cryptocurrencies or crypto projects since most of them are scams. But I do believe that Bitcoin will be a viable store of value and that Etherum innovation will be of utility at some point in the future.

[–] wazoobonkerbrain 0 points 1 year ago

Ethereum is the biggest scam of them all.

[–] over_clox -2 points 1 year ago (1 children)

We already have digital currency for the longest time, credit and debit cards. And those have been scammed almost as long as they've existed.

What makes crypto immune to it in any way, when there's literally a website logging all the crypto scams for everyone to read?

[–] wazoobonkerbrain 3 points 1 year ago (1 children)

The bitcoin protocol has never been hacked. Every bitcoin scam ever reported involved people entrusting their bitcoins to a third party. If you keep your keys safe, your bitcoin cannot be taken from you.

[–] over_clox -2 points 1 year ago

Exactly. You do realize quite a many scams are run via one form or another of 'social engineering' right? Bitcoin never needs to be hacked to hack into simple folk's brains.