Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by Houshalter on Wednesday December 18, 2013 @01:24PM
(#6929424)
In other news the United States Dollar has almost doubled in value in a single day: http://www.coinion.com/2013/12/07/united-states-dollar-almos...
[ Parent
| on HN ]
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by maratd on Wednesday December 18, 2013 @01:39PM
(#6929559)
Ha! The story is of course a jest, but there's no reason why you can't look at it that way. A cup is either half empty or half full.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by jbooth on Wednesday December 18, 2013 @01:46PM
(#6929616)
There are as many reasons as there are other things in the world besides bitcoin why you can't look at it that way.
$/yuan, $/euro, $/big mac, $/potted plants, $/dinner at applebees...
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by Houshalter on Wednesday December 18, 2013 @08:35PM
(#6932334)
No, it's just that those things also doubled in value.
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by jbooth on Thursday December 19, 2013 @10:00AM
(#6934966)
Touche, sir
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by batbomb on Wednesday December 18, 2013 @01:40PM
(#6929571)
> A cup is either half empty or two cups.
Fixed
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by azmenthe on Wednesday December 18, 2013 @02:03PM
(#6929741)
That's not really true per se. That's the chart of USD/BTC so the inverse of BTC/USD which has dropped significantly in the past few days so of course the inverse has shown an increase.
For a more accurate picture of the dollar I track the UUP ETF which pegs it's value to the dollars exchange rate over a basket of currencies. (Which btw has been on a steady downtrend in the past 6 months, definitely not doubling everyday)
[1]: http://www.invescopowershares.com/products/overview.aspx?tic...
Re:Bitcoin drops 50% overnight as China’s Biggest BTC exchan...
by adamnemecek on Wednesday December 18, 2013 @02:15PM
(#6929850)
You did read the url right? It's satire.