Re:Bitcoin just passed $4,000
by caiob on Sunday August 13, 2017 @12:31AM
(#15001491)
Honest question: Why should I care?
[ Parent
| on HN ]
Re:Bitcoin just passed $4,000
by heheocoenev on Sunday August 13, 2017 @12:35AM
(#15001507)
Because something is happening. Large trades from Korean exchanges are driving very high prices worldwide. It means people are fearful of the existing financial system and are pouring their savings into "cryptocurrency".
more like, people want to double their spare money/likes to read news where they see how much "they won" by gambling on cripto.. not their savings
Interesting trend. Def a gamble though.
Re:Bitcoin just passed $4,000
by colordrops on Sunday August 13, 2017 @12:32AM
(#15001498)
There are posts here about business valuations all the time. Would you make the same comment for those?
I can't of any one single business where the day-to-day news fluctuates between "Oh no! It's worth nothing!" and "NEW RECORD HIGH". Basically, BTC fluctuating wildly because of [current event] is not new s it's just a normal and expected function of the "currency".
If Google went from being worth nothing to being worth double it's current value every 48 hours then I'd probably get sick of hearing about that too.
Business valuations are different than currency exchange rates IMO. What's wrong with my comment? Is asking about something I don't understand wrong?
Currency exchange rates affect businesses as well. It affects buying power between countries and can give companies in one country an advantage over companies in another country.
Not knowing everything there is to know about Bitcoin is verbotten on HN. So is having a differing opinion apparently, as I re-discover every few weeks.
Do you care about everything on HN? Other people care.
I didn't say I don't care. I'm asking to be educated, unfortunately instead I'm being downvoted.
Your phrasing is perceived as passive aggressive. If you wanted to be educated a better phrasing could be: "what makes this event important?", or "can anyone explain why is this on the front page?"
The phrase "why should I care?" Is most often used simply to say you don't care, kinda like a rhetorical question
And I thought prefixing it with "Honest question:" would convey tone. Thanks for the lingo tips, next time I'll type more eloquently.
you care enough to post this, could just ignore it.