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This is true but all that it proves is that Bitcoin is incredibly volatile.

It seems like the pro-crypto arguments end up being circular sometimes (not from the same person but the community).

If the market is good, it's a great investment.

If the market is bad, buy the dip!

If it's unstable, remember all thos people who made money?

If it's stable, well it's a currency after all.

There are so many people who view crypto differently there's always someone there to sing it's praises. I'll still have no idea what crypto is supposed to be aside from a vehicle for fraud.



> I'll still have no idea what crypto is supposed to be

It's anonymous payment!

Great for

- avoiding sanctions

- selling drugs

- receiving blackmail payments

Those are huge markets that are completely untapped by legacy payment processors!

If that doesn't sound like a great investment opportunity!




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