Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
iopq@lemmy.world 2 days agoWhat are you talking about? It crashed, then crashed again, then crashed again. How is that stable?
Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
iopq@lemmy.world 2 days agoWhat are you talking about? It crashed, then crashed again, then crashed again. How is that stable?
Lumisal@lemmy.world 2 days ago
You mean all crashes then? The 3 that have happened in over ONE HUNDRED YEARS?
You can’t be fucking serious to compare that fluctuation with Bitcoin’s
iopq@lemmy.world 1 day ago
It crashed ten times since 1975
Lumisal@lemmy.world 1 day ago
No, it didn’t
…wikipedia.org/…/Historical_exchange_rates_of_Arg…
You can even see through exchange rates that it’s otherwise been relatively stable too:
Image
iopq@lemmy.world 8 hours ago
You see in 1948 where it’s 4.5 and jumps to 9 a year later? That’s a 50% crash in a year
Next year it’s 15. In 1952 it’s already 28. In 1956 it’s 40, up from 28 a year earlier. Crashed again in 58, 62, 64, 72, 74, 75, 77, 78, 79, 81, 82, 84, 86, 88, 89, 90, 02, 03, 13, 15, 18, 19, 20, 22, 23
My previous 10 times comment was taking consecutive years as a single crash