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A 20% drop is reported immediately a 20% increase is not. The various Tokens see such increases and decreases all the time.
by dna_polymerase 9y ago
A 20% drop is reported immediately a 20% increase is not. The various Tokens see such increases and decreases all the time.
- swarnie_ 9y agoMaybe, maybe not. When bitcoin is off by 38% in 30 days and 17% in 7 days its clearly a sustained trend worth talking about.
- piracyde25 9y agoTypical. 1% drop, people go crazy. +90000% gains, nobody cares. It's just us humans like to see and talk about negative things rather than positive ones.
- Cthulhu_ 9y agoPeople care though - there's subreddits that hype about breaking another limit. It's just that the media doesn't talk about it that much. And yet they have.
- oneeyedpigeon 9y agoAlso, have they not realised how volatile that price is right now? In the time it takes to put out such an article, a 20% increase could easily have occurred. Or the original 20% drop might now be a 40% one.
- mr_toad 9y agoReporting a continuation of a trend won’t get many page views. It’d be like a story about world population.