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A comment on Bitcoin value tumbles almost 50% since record November. Parent comment

Re:Bitcoin value tumbles almost 50% since record November by ravingraven on Monday January 24, 2022 @12:03PM (#30060449)
Nonesense. The Lira has been massively losing value since 2008 while Bitcoin has been massively gaining value for years, the only Turks that are not eating because of Bitcoin are the ones who bought it the past few months.
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Re:Bitcoin value tumbles almost 50% since record November by dudeinjapan on Monday January 24, 2022 @12:14PM (#30060619)
And the ones who bought BTC in 2009, well... man thats a lot of doner.
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Re:Bitcoin value tumbles almost 50% since record November by sgt101 on Monday January 24, 2022 @12:17PM (#30060666)
Odd, I see a 38% gain for the Lira this year. Do you see something different? Also poor people tend to try to avoid inflation on a time scale of months, they can't hodl because they need to get their kids their dinner.
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Re:Bitcoin value tumbles almost 50% since record November by hickimsedenolan on Monday January 24, 2022 @12:47PM (#30061130)
USD/TRY was 9.60 in October 24th, 2021, and 13.50 now. That's almost a 30% drop. It was also 18 at some point in November.
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Re:Bitcoin value tumbles almost 50% since record November by sgt101 on Monday January 24, 2022 @12:59PM (#30061293)
BTC/TRY was 591572 24/10/2021 and it's 481599 now - 19% drop over that period.
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Re:Bitcoin value tumbles almost 50% since record November by hickimsedenolan on Monday January 24, 2022 @01:06PM (#30061422)
That's correct, but it should be noted that Lira's drop is solely caused by the government's mismanagement.
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