Literally every crypto community on every platform is 99% bots.
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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.
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.
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.
Indeed. The top is scheduled for mid-2025
It's going to be glorious.
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
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.
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.
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
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.
Anything involving crypto is an invitation to scammers.
It does look fishy.
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
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.
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
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.