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> 1. BTC has cratered 20% in the past couple days. I know, par for the course for crypto, but also a good example of why it doesn't share standard features of r
by naasking 4y ago
> 1. BTC has cratered 20% in the past couple days. I know, par for the course for crypto, but also a good example of why it doesn't share standard features of real currencies.
Currencies tanking is not uncommon either. I'm not sure what you think this proves exactly.
- hn_throwaway_99 4y agoMajor fiat currencies tanking 20% in a matter of hours is extremely uncommon, that's my whole point. In the forex world moving a percent or two in a single day is considered a major, major move. In the land of crypto that's standard lunchtime volatility.