58 sats \ 4 replies \ @ken 7 Oct 2022 \ on: Rugged and doxxed. A link to the file, containing Celsius customer names, etc bitcoin
Looking at the quantities people lost - if this document doesn't get you to move your coins to cold storage, nothing will.
These people were looking for yield.
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it was the first thing i did when i got into bitcoin. just holding it makes no sense. you want to make it work and make more bitcoin. this desire is what scammers exploit
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holding it makes all the sense :)
Society today for some reason is obsessed with "productivity". Can't hold something that's not doing anything!!1!
When you are holding money that doesn't dilute, you are gaining value as the world is increasing in productivity (or diluting their version of money).
And to be frank - Bitcoin is doing something. Its network effect is growing, so that is another price appreciator.
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Many noobs want to "catch up" with the people who came into Bitcoin earlier and start looking for yield and trading shitcoins just to get burned. When we tell them "Not your keys, Not your Bitcoin" and that trading shitcoins doesn't work (because of the majority of us have already tried), they laugh at us or tell us that we don't want them to success.
The truth is, we want them to success (success gets shared) and that's why we're trying to steer them away from the scams. Some listen, some don't.
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