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The day is not over yet. I wish I had popcorn.


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12% isn't an unusual day for cryptocurrency.

80% is newsworthy.


I have no idea if this is a frank and earnest assessment or baseless hyperbole, how many times has the price of bitcoin moved >=12% in 24 hours? Has it ever moved 80% in one day?

edit: What I want to run an analysis of the actual data but I did the "next best thing" which is googleing around and reading arbitrary articles, and what I've found is

-22% on 15 January 2015

+28% on a single unspecified day in July 2017

+~25% on 7 December 2017

+~20% on 1st April 2019

I'm sure I've missed some, and there are other, possibly more dramatic spikes and crashes, that happen over longer periods, but this is enough for me to say that a 12% swing in one day is newsworthy, but not frontpage newsworthy


I count 21 occurances with 12%+ rise and 19 with 12%+ drop

Popcorn meaning you enjoy this? Did you have popcorn in 2008 when the economy was freefalling? Popcorn when people are financially harmed in other ways?

You can be a bitter anti-crypto person without _enjoying_ people's pain wtf.


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