Bitcoin price rockets to $35K as ETF excitement grows
cointelegraph.com
The price of Bitcoin has broken the $35,000 mark following a fresh wave of excitement over the potential approval of a spot Bitcoin ETF in the future.

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.

  • Pulsar@lemmy.worldOP
    31·
    1 year ago

    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.

    • over_clox@lemmy.world
      13·
      1 year ago

      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@lemmy.worldEnglish
        41·
        1 year ago

        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@lemmy.world
          12·
          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.