Comment on Everyday AI looks more like the '08 housing bubble

LustyArgonianMana@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

• maus@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  Zoom out past a week? 5-10% swings are not uncommon.

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• Knock_Knock_Lemmy_In@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Crypto had it’s black monday. Algorithms and feedback loops gummed up all the crypto exchanges and liquidity disappeared.

  The crypto tide went out and we all saw who wasn’t wearing any shorts.

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• TomArrr@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Isn’t crypto being massaged by trump atm, so erratic is kinda the new normal? (And, not erratic from trumps view)

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• Alaknar@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

  Wasn’t that just a temporary drop so that some whales could get richer on shorts?

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