The community is only 13 days old. Frequently I see post on all from either the mod or new accounts all ranting about bch or related sites and they’re all super excited to tell you about it. I mean look at the pinned post and replies for goodness sake.
All new accounts. All just loving bch so much and super excited to tell you about it. A lot of the posts have strikingly similar formats too. Like bold sub-title paragraph of text and repeat. Reeks of botting/astroturfing. Just me or nah? Im going to post again regarding lemmy being cool with bots auto posting links to off site frequently, but that’s a rant for another day.
Some of those might even be real. Telling the difference between a bot and an altcoin fanatic is the hardest turing test.
Am I the only one that fucking hates anyone who asks “am I the only one”?
Idiotic way to start a question and always just ends my give a shit for whatever was being asked. Its up there with people saying “umm” or “like” too much to where I stop listening.
No. You aren’t the only one for anything. Everyone has thought of and noticed everything. You just aren’t seeing [insert anything] talked about enough in your tight little echo chamber algorithm.
Try “who else has noticed…” or “I found this interesting…”
I love the idea of cryptocurrency, Bitcoin is a genius innovation. Bitcoin cash on the other hand is garbage. It’s a case of people who simply need to move the fuck on… It’s a dead fork, there’s nothing there. The real Bitcoin is over this way and there’s absolutely no reason to be holding onto that shit.
It’s a dead fork, there’s nothing there.
Damn I hadn’t checked in a long time. Only 18th among cryptocurrencies by market cap now.
Well, it got a huge initial user base for free, as every Bitcoin account technically was also holding Bitcoin Cash account, as long as they never accept the next protocol update. But having a huge starting advantage does not change the fact that it’s simply an abandoned fork which people are clutching to for no reason besides the possibility of being the biggest fish in the dumbest pond.
But by doing that, they add significant confusion to the market, they erode trust in Bitcoin and crypto in general, frankly, it’s a scam.
I thought that was just a scam bot community in general just because I don’t trust cryptocurrency communities in general, so I guess so.
Edit:
Looked at the images and most of the usernames in the first image look like they’re randomly generated rather than organic usernames, which to me screams bot accounts.
Literally every crypto community on every platform is 99% bots.
There’s been a couple of replies saying this. The point of the post was to make sure and raise awareness. Appreciate the input either way.
Obviously it is. Just block it. I guess most if not all current lemmy users are smart enough to not invest into crypto.
Edit: to seriously invest into crypto
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I guess most if not all current lemmy users are smart enough to not invest into crypto.
I mean, I’ll admit, I have a couple hundred bucks I threw at some alt coins that has fluctuated in value quite a bit… but its as more of a “fuck it” experiment instead of “The Next Coming of Econonomic JesusThat Will Make You Unfathomably Rich” like these fuckheads prattle about.
Yes I have like $50 I think but it’s honestly just gambling. I’m prepared to lose that money.
Yup, I got about $100 there because I played with mining eth a couple of winters ago. (Kept my room nice and warm). Literally just a “let’s see how this works” sort of experiment.
That is the best suggestion but it fixes the problem for only me. Lemmy seems to be getting more and more users so the amount who lack the knowledge to avoid such communities will grow.
Report to the instance admins then. The only ones that can do something against those communities.
That’s the problem, ol mate is hosting on his own instance for that very reason I suspect. Though I could be misunderstanding Lemmy’s naming/backend scheme.
On our end we’re monitoring the situation, if it ends up being spam that overwhelms the All feed and AI-generated slop we may just defederate from this instance.
Could you notify me or the defense matrix on your decision?
Of course.
Legend, I’ll inbox ours as well to loop them in.
That makes it harder, but your instances admins can still defederate that specific instance then.
@surprised_pikachu@feddit.org what’s your opinion?
https://feddit.org/c/bitcoincash@realbitcoin.cash ist die besprochene Gemeinde, also auf der Instanz realbitcoin.cash.
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Seems like self-promotion of a possible pump and pump to me.
EDIT: defederated
Effiziente Admins😘
Cheers, I’ll be sure to complain to ours as well. Edit: Done, thanks again for the suggestions.
Even by crypto standards, Bitcoin Cash is dodgy. Its origins were a temporary hiccup in the Bitcoin network which forked the blockchain into two branches. As blockchains are designed to tolerate this, the network quickly decided that one branch was worse than the other, so everything switched to the good branch and Bitcoin continued chugging away and consuming enough power for a small country. However, a few people were cross about this because they had more Bitcoin on the dead branch, so manually configured their wallets and mining hardware to use that branch, and tried encouraging other people to do the same. That didn’t work. They then decided to provide a preconfigured wallet and mining software that would prefer the dead branch but claimed it was its own new cryptocurrency and everyone who had Bitcoin already would get some of the new one for free, and that was enough to get some people to sign up.
To be fair Bitcoin had, and still has, the problem that Bitcoin Cash solved, and it’s a ridiculous problem that shouldn’t exist, created by an artificial limit that was put in place to avoid an attack when Bitcoin was extremely cheap. But because the people behind Bitcoin core were so adamant against it they now can’t turn back and implement the same fix that the people behind Bitcoin Cash were proposing.
Bitcoin died as a currency back in 2017 because of it, it’s still an investment and a proof of concept, but it will never be a currency again.
Probably, but don’t let it distract you from the fact that crypto has boomed, almost on schedule, every 3-4 years over and over again.
Buy in a dip and hold.
That’s not how markets work. You can not predict what they will do next based on what happened before. In general you can not predict a market without insider info and/or manipulating it.
That’s not 100% true. One can make educated guesses based historical patterns. Here are a couple of examples.
For instance, in 2008 when the markets crashed, the travel industry crashed harder and oil stocks tanked. The same happened in 2020 and the oil stock I bought at a 90% discount paid off my student loans a few years ago after the rebound. (Thanks, Permian Resources.)
Another, you can follow the portfolio of a federal legislator like Nancy Pelosi or Ted Cruz, because for them, insider trading is legal and they profit handsomely from it, and when given the opportunity to make it illegal Congress always votes it down.
You’re right that things can never be 100% predicted, but we can make educated choices based on historical info, yes. This is why every mutual fund page you look at gives you the name and tenure of the fund manager.
Yes there are things happening on the markets which you can find causal connections for but market efficiency stops you from benefiting, as the information available is the same for everyone (unless insider info is used). In 2020 you bet on something and were lucky.
Following public portfolios is following public information which is available to the public an therefore also will not work (on average, of course you can be lucky). If this would yield consistent results, everyone would do it and it would stop working.
What you might percieve as an educated guess is more or less a 50/50 bet minus the transaction cost in the best case and a bet with worse odds in any other case. Research has shown that people trading with what they think is educated guessing performs worse than just doing random transactions.
Indeed. The top is scheduled for mid-2025
It’s going to be glorious.
The same people who love crypto love AI. It’s all lazy people looking to make a quick buck by lying to and manipulating others.
This is entitely on brand for Bitcoin Cash from what I remember years ago when the split happened. I wouldn’t go so far as to call it a scam coin, but the community was very sketchy.
The project was basically abandoned. The chain is completely broken. Very centralized and unused
It does look fishy.
Anything involving crypto is an invitation to scammers.
To play devil’s advocate, the instance itself appears to be created around 15 days ago (~3 or 4 Jan 2025), so most local accounts will be less than that age, and no one would sign up on that instance if they weren’t enthused about cryptocurrency.
Chances are it is a solo/small bot operation, but without context I can’t rule out that perhaps a community from somewhere else could have migrated. Either way if it becomes too obnoxious, the instance can be blocked client side or de-federated.
I would assume even if the comm was new if it grew organically, older accounts from other instances would filter in as well.
Most people on the fediverse hate crypto
Federation can make some communities not show their posts properly which would be a reason why there is little outside engagement. See how this comm looks on lemmy.ca: https://lemmy.ca/c/bitcoincash@realbitcoin.cash
Not that I know many that would be interested to begin with.
Fair point I do often forget about federation delays.
I haven’t even heard of that entire instance. Looked and it doesn’t seem like my instance is defederated either
I wonder if the target of these bot communities is not Lemmy users, but rather to be slurped up by AI scrapers in the hope of influencing future models.
Not sure it’s that advanced. Looks like they don’t even reply to each other. But it would be a good idea for them
This probably explains the post I saw last night about Roger Ver. I was wondering how a post about a Bitcoin cash shill hit my All feed.
