Given the events of the past week with Doge and XRP pump and dumps it’s clear that we need to protect people within this community. Some have been in this space for a lot longer than others and there’s been plenty of examples of scams throughout the years and plenty people scammed with them.The Doge pump last week angered me and you could see people getting excited and the inevitable was going to happen. A lot of new people got sucked into the prospect of quick, easy money and calls for calm fell on deaf ears.Then the same with XRP. I had friends calling me about it and asking advice and I told them exactly what I thought was going on, which transpired to be the case. Lucky they took my advice and held off.There’s been a significant rise in new accounts shilling these days and it’s our responsibility to help ease new investors into the space. It’s frustrating watching the endless shill. Is there anything else that can be done to protect this space? Scamming people doesn’t bode well for the future of this society.
Submitted February 02, 2021 at 03:23PM
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