I spent quite a lot of time in that subreddit, and I can say that I loved my time there, that’s till I grew to become a Bitcoin maxi.
Now I see that place for what it truly is; a shitcoin expo.
r cryptocurrency represents the worst of crypto tradition and the sub has no outlined message it needs to place ahead apart from purchase these shitcoins.
Bitcoin posts are restricted to 50 a day, 50!
That subreddit, wether deliberately or in any other case is unhealthy for bitcoin adoption and so good for people who want to keep the established order.
Divide and conquer your enemy.
Good job r cryptocurrency, technique to throw out the infant with the bathtub water.
Edit: Grammatical errors.
Every popular coin has a post limit in r/CC. BTC has the highest limit since it’s most popular. It’s a sub to discuss all things crypto, not just BTC.
I’ve personally gotten a lot of great insight from there. If you’re looking to moon quickly and/or just jumping into things without researching them, then that sub could be a risky place. But everything is really, if that’s someone’s approach.
99.9% of the people there just buy random coins on an exchange they know nothing about but will then read down the marketing powerpoint to defend it in the hopes to pump their bags.
No doubt. Just think about the values that are important here vs there. They just care about trading and get rich quick schemes. Anybody there run a node? Nope. All their shitcoins run on AWS.
Here it is about self-sovereignty and not having to trust anyone.
It’s like WSB after gamestop and SMC. 1% great scammers, 49% aware of the scam but who think they can get in on the pump before the dump, and 50% marks.
Yes, but $FancyCoinName is a great project. What they are trying to do is amazing.
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Don’t forget that reddit actually pays them in “Moons” to post. So you can actually get paid to pump your random shitcoin bags. Pretty cool setup. /s
Put your money where your mouth is and sell your r/cc shitcoin moons for BTC then. I see you have over 3k of them.
AlwaysHasBeen.jpeg
It’s not all garbage IMHO. I think it’s a place for good debate with the “crpyto” crowd. People are trying to find the signal amongst the noise and generally speaking there is a lot of positivity towards Bitcoin over there. Albeit tossed in with a lot of shitcoinery.
Remember, most started out holding a bunch of shitcoins. They’ll find their way eventually.
Sorry you turned maxi. When the only tool you have is a hammer, everything looks like a nail.
I dont think it s bad. It is what it is. I also write on cryptocurrency sub and spread the love for Bitcoin. Also, beside your name they can see how many ++ voted articles you have on the bitcoin sub.
Sure, there s mostly shitcoiners, but arent they allowed to learn?
A year ago in /cc it was ‘btc is slow, old tech, boomer coin’ etc. They didn’t understand the fundamentals, they just wanted to get rich quick on the next big thing. Now in the bear, there is positivity for btc because all the crypto bros have been defeated. Huzzah.
This is my second bear market, and the communities are always so much better during these times. All the trash has taken itself out.
It really exposes itself in a bear market.
I was on the Celsius subreddit telling people it was a SCAM and they need to take self custody… they banned me and everyone who warned them… Shitcoiners are like gambling junkies.
Reddit is terrible for crypto in general IMO
even you are not a Bitcoin Maxi, yes r/cryptocurrency is a sh*thole
To be honest, I have to disagree there. I see the same amount of crap here than there… There are quite some reasonable posts on both subreddits and quite a lot of unreasonable shilling. I’d say that none of the extrems are good. My highest conviction crypto is BTC but it isn’t healthy to become a blind maximalist and disregard all other projects imo
Bitcoin is the only digital commodity. Rest of cryptocurrency is more like a security. BTC only crypto with no pre token launch or defined issuer backing it
Just remember they need bitcoin.
I dont fucking care anymore, I just want to be happy
My post about El Salvador was taken down after 15 min for the 50 posts rule. There’s fucking 3 million people in that sub. Most those guys are poison for BTC
https://www.reddit.com/r/Bitcoin/comments/z1br1e/if_you_think_el_salvador_hurt_its_people_at_all/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button
The name gives it away
It’s not great over there. The hive mind is strong (here as well BTW) but you’re making it sound like r/cryptomoonshot
There are a lot of marketing accounts in there.
I’m a moderator for that sub reddit and if I’m not mistaken we have no limit on bitcoin posts.
You could just not read it you know. It’s not like you’re actually in a room with them.
You’re wrong. R/cryptocurrency is my source of fun. I get to make fun of clueless noobs, and I get fuel for my btc beliefs. It’s great! Troll the rookies!
Offer people free money to post. What could possibly go wrong with that.
At least tief saved some people from Celsius, Voyager and now even FTX.
A lot of stupidity but sometimes helpful
I gamble in shitcoins and roll the profits over to bitcoin ????
Unsubbed from that subreddit a while ago. I also stopped consuming podcasts and media from people who pump alts and don’t encourage self custody. Just lost my patience.
Friend of mine got scammed and tried to ask for genuine help on the subreddit. Posted the name of the website where he got scammed but didn’t post a link.
Aside from all the asshats trying to be funny some douche even reported me because I was the scammer?! Ah yes, seven years or so on Reddit and suddenly I try to scam you.
Long story short, it was terrible, nobody helped my buddy.
AMEN!
It’s penny stocks for the masses!
I usually does opposite of what that sub suggest.
I think there’s room for more than one cryptocurrency. Sure, most of the stuff out there is useless fluff, but different cryptocurrencies target different goals.
I mean, it’s on Reddit which is mostly a shithole so it’s kinda par for the course.
I’m out of that sub years ago, too much shitcoin ????
R crypto is just a moon farm and casino they’re the wsb of the crypto world
It’s also easy to forget that you may actually be arguing/having a talk with actual kids with copy-paste internet mentality, anonimity has its downsides
Yes because all the people there are not who you think they are…. it’s all feds, IRS agents and people who are nefarious trying to sway opinion. Big bankers all kinds of propaganda and bs there’s no real conversation about crypto.
All cryptoknights become a Bitcoin maxi, just takes time. Welcome back to the light side.