bitcoinlimit on Nostr: In the near future, numerous penny stocks will likely purchase Bitcoin as a strategy ...
In the near future, numerous penny stocks will likely purchase Bitcoin as a strategy to pump and dump their shares. This practice could inevitably harm retail investors, who might end up blaming Bitcoin itself. Acquiring the first 100 Bitcoins with $10 million doesn’t equate to building a legitimate Bitcoin treasury, instead it may be an attempt to exploit Bitcoin’s reputation for personal gain. I’m unsure what actions Bitcoiners should take or how much Bitcoin would prove their sincerity, but we’re facing the potential for serious damage here.
Published at
2024-12-27 00:04:59Event JSON
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"content": "In the near future, numerous penny stocks will likely purchase Bitcoin as a strategy to pump and dump their shares. This practice could inevitably harm retail investors, who might end up blaming Bitcoin itself. Acquiring the first 100 Bitcoins with $10 million doesn’t equate to building a legitimate Bitcoin treasury, instead it may be an attempt to exploit Bitcoin’s reputation for personal gain. I’m unsure what actions Bitcoiners should take or how much Bitcoin would prove their sincerity, but we’re facing the potential for serious damage here.",
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