Hacker News new | ask | show | jobs
by rualca 1832 days ago
> Yeah, and it went all the way up to 60k+ in about the same time.

No, not really. In fact, today it's still lingering around 32k.

Regardless, it seems you inadvertedly tried to make the case that indeed Bitcoin is highly volatile and does not work at all as a store of value.

1 comments

It’s over 40k, so either you don’t have access to real time data or you are trying to paint a picture that you prefer to believe. You can’t expect zero volatility in a new money while its being adopted. It’s the only fixed supply money in a world that’s printing paper like crazy, where do you think that trends trends to?