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Are you saying that a YoY decline of 30% in the NASDAQ index is comparable to a 30% employee haircut? I don't think that's how it works.
by woodruffw 4y ago
Are you saying that a YoY decline of 30% in the NASDAQ index is comparable to a 30% employee haircut? I don't think that's how it works.
- programmarchy 4y agoNo, by “also” I was referring to cryptocurrency markets not the 30%.
- woodruffw 4y agoSorry for the confusion. I agree that macro trends are having an effect; I think some of the other threads have a good amount of elaboration on the interaction between the macro economic climate and the crypto downturn (and particularly, why crypto's unique vulnerability to downturns makes it funny to place blame on the broader market).