How is a 10 percent drop in BTC price considered a great amount of volatility?
I don't get it
this post was submitted on 12 Oct 2025
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They’re saying some guy in china cashed out trillions because of the trump tariffs
How did it drop 10% when it's up 0.41% today?
I don't get it either
Depends on the time window you look, if the shorter time windows and volatilities get you exited, you are an idiot and should not invest in anything.
BTC has an upward trend over the last 10 years. That's what people should look at IMHO.
Volatility can be measured. There is no way to say BTC is not volatile. Historic charts also will not help predicting the future.
In 1987 the s&p500 fell 20%
Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.
But these are events that got named. BTC loses a chunk of value it's just Tuesday.
Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.
😔
Hot take: crypto is dumb.
Hotter take: you missed out on it 15 years ago. I know I did.
Well, every second you "miss out" on going all-in on the highest leverage possible and win. Afterwards you always know better so don't be sad about it. Back then it was probably even more risky than it is now, so depending on your risk tolerance and investment goals it was probably right to miss it.
Well, thanks, I guess I'll read that comment again when I eat my cold leftovers for supper tonight...
People are dumb. Currency cannot work if it's not used as a currency. Cryptobros "investing" in it are the dumb ones, trading currency as it's stocks or something (not to mention, that stocks are dumb as well). How can it not be volatile?
Blame the first fork. Bitcoin Cash would have had a sticker on every cash register but wall street came in and stanned the lightning network now transaction fees are impossible to use it other than a fancy money gram.
So, stablecoins are not dumb?
What makes them stable? And how has that stability been more stable than tech stocks?
You say that as if you don't think the entirety of capitalism is dumb.
The difference is that first currency is backed by nation state trust.
Crypto is touted as independent of that, except we've seen that's not really the case in recent years. So yea, what's the point then of crypto?
nation state trust
violence
What kind?
There's only one kind of violence: The kind where a party uses power to deprive another party of a current or potential freedom. We tend to conflate violence with physical force, and much of it is that, but it isn't limited to that nor are the means of the nation state.
(To be clear the user above us conflated capitalism with fiat currency, this answer works for both)
Can you give specifics for how that applies in this context?
You can pay and get paid on the internet with it. No ID required. No blocked transactions (if you don’t go through companies, or use the right crypto). Anonymous and confidential payments on the internet that can be withdrawn or used without too many problems, with the coins made for that.
P2P online payments without going through some kind of company is not possible without crypto. There’s just no alternative.
You can accept donations without revealing personal information about yourself…
Do I need to go on?
You don't?
I do think the entirety of capitalism is dumb. Hierarchies that obscure, enable, and aggrandize violence are lame.
That take is lukewarm at best.
for investment, yes. but for autonomy, no. if it wasn't so hard to buy or pay with it tho, that'd be great.
Sadly in this world, you either use your tools or you’re used by your tools.
Easy often rythmes with you being fucked over in some way. Windows and Linux, privacy, open source vs centralized and closed source… you have to learn it, but once you do, there’s just nothing better
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At first cryptos had a true value, as in people wanted it and saw the potential of the coin itself, and not of the price it had, thus raising the prices. Then it changed. Capitalists with their huge capital started playing the market. So instead of the cryptos having a monetary value based on their actual value to society, they got their monetary value from previously monetary values. This means that the value of the cryptos shifted towards how much value it could provide to the people investing in them.
At this point anybody with half a brain should have stopped caring about the actual monetary value of cryptos. Bitcoin was made for one thing and that was to be a decentralized alternative far away from any government. And now you have one government, that only consists of a mere 5% of all humans, that somehow made the market crash? Everybody that doesn't think this is beyond crazy is getting played, hard.
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