06-09-2021, 01:11 AM
Crypto is so volatile and unstable.
<!-- SC_OFF --><div class="md"><p>Probably I'll get 100k downvotes but who gives a fuck.</p> <p>I just simply can't understand how is possible that a single rumor published by some shitty website can trigger so much price drop.<br/> Someone just wrote "Bitcoin is hacked." and boom, -5000$ in value in one day.<br/> If that's how things work, if there are 4 "strong rumors" about how Bitcoin bad is, we can eventually see Bitcoin goes down to 100$ per coin?<br/> That's absolutely insane and stupid. </p> <p>​</p> <p>I understand no one actually understand how prices are formed, but those price drops caused by Elon Musk, Trump, media and others are too bad.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sushibgd"> /u/sushibgd </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nv5kfl/crypto_is_so_volatile_and_unstable/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nv5kfl/crypto_is_so_volatile_and_unstable/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Probably I'll get 100k downvotes but who gives a fuck.</p> <p>I just simply can't understand how is possible that a single rumor published by some shitty website can trigger so much price drop.<br/> Someone just wrote "Bitcoin is hacked." and boom, -5000$ in value in one day.<br/> If that's how things work, if there are 4 "strong rumors" about how Bitcoin bad is, we can eventually see Bitcoin goes down to 100$ per coin?<br/> That's absolutely insane and stupid. </p> <p>​</p> <p>I understand no one actually understand how prices are formed, but those price drops caused by Elon Musk, Trump, media and others are too bad.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sushibgd"> /u/sushibgd </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nv5kfl/crypto_is_so_volatile_and_unstable/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nv5kfl/crypto_is_so_volatile_and_unstable/">[comments]</a></span>Kind Regards R