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Because it is a mostly speculative investment. Also because we deep down all know a flu like virus shouldn’t be tanking the global economy, but it is, and we si
by runawaybottle 7y ago
Because it is a mostly speculative investment. Also because we deep down all know a flu like virus shouldn’t be tanking the global economy, but it is, and we simple don’t know how to measure irrational fear. It’s inertia at this point, we’ll snap out of it when we all suddenly realize ‘ah, ok, so Cruises? Remember those? I’d like to go on one of those again, weird how we thought those companies would go bankrupt, guess we all got a little weird there for a bit’.
There’s no rhyme or reason to this, Bitcoin is in flux just like everything else.