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As an aside, it's interesting that Bitcoin can lose 10% of its value in a single day, and the media/bloggers will use language like "slight decrease" or "faded
by warent 9y ago
As an aside, it's interesting that Bitcoin can lose 10% of its value in a single day, and the media/bloggers will use language like "slight decrease" or "faded value" to downplay how serious that amount really is. (Bonus points for "The price is stabilizing" when it dips)
If it were possible to short bitcoin, we'd be hearing a very different choir (Edit: I was mistaken, it is possible)
- stri8ed 9y agoIt is possible to short Bitcoin on many exchanges.
- lawn 9y agoYou need to see it in the context. All cryptocurrencies are extremely volatile and they routinely go up and down 10%. You simply can't compare the volatility to the stock market where similar numbers would make blood flow on the streets. Here it's almost business as usual.