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Bitcoin isn't a market or national currency. Bitcoin in more like a highly volatile equity or commodity. If the price of a volatile stock jumped from $21 to $30
by fny 9y ago
Bitcoin isn't a market or national currency. Bitcoin in more like a highly volatile equity or commodity. If the price of a volatile stock jumped from $21 to $30 in a week, and then cooled off to $24 two weeks later, no one would call it a crash.
Just add to zeros to all those number, and that's exactly what happened to Bitcoin.