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Crypto is so volatile and unstable.

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by COINS NEWS 136 Views

Probably I'll get 100k downvotes but who gives a fuck.

I just simply can't understand how is possible that a single rumor published by some shitty website can trigger so much price drop.
Someone just wrote "Bitcoin is hacked." and boom, -5000$ in value in one day.
If that's how things work, if there are 4 "strong rumors" about how Bitcoin bad is, we can eventually see Bitcoin goes down to 100$ per coin?
That's absolutely insane and stupid.

I understand no one actually understand how prices are formed, but those price drops caused by Elon Musk, Trump, media and others are too bad.

submitted by /u/sushibgd
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