Re:Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone
by dehrmann on Sunday May 02, 2021 @07:16PM
(#27019958)
> The days of 80% drops are over.
I suppose the NASDAQ only lost 75% from Feb 2000 to Sept 2002. Granted, it got back to its 2000 peak 15 years later. My point is that even normal companies traded publicly, held by institutional investors, with government oversight, see large drops after an asset bubble. I see no reason why bitcoin ETFs establish a floor price.
I suppose the NASDAQ only lost 75% from Feb 2000 to Sept 2002. Granted, it got back to its 2000 peak 15 years later. My point is that even normal companies traded publicly, held by institutional investors, with government oversight, see large drops after an asset bubble. I see no reason why bitcoin ETFs establish a floor price.