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Last scraped
Edited on 01/08/2025, 15:02:29 UTC
Is this a common occurrence for cryptocurrencies?
Bitcoin= sound money

Yes, it's common for any currency or asset that is essentially tradeabletradable in a free market, no central authority to approve anything, which operates 24 hours a day, 7 days a week, irreversible (can't later change your mind on a purchase or sale), can be traded in small fractions, immediate transfer to new owner, and tradeabletradable from anywhere in the world using your digital device. If you could trade with gold, real estate, etc. in the same way as bitcoins as described, their prices would be equally volatile.
Version 1
Scraped on 01/08/2025, 14:37:40 UTC
Is this a common occurrence for cryptocurrencies?
Bitcoin= sound money

Yes, it's common for any currency or asset that is essentially tradeable in a free market, no central authority to approve anything, which operates 24 hours a day, 7 days a week, irreversible (can't later change your mind on a purchase or sale), and tradeable from anywhere in the world using your digital device. If you could trade with gold, real estate, etc. in the same way as bitcoins, theytheir prices would be equally volatile.
Original archived Re: Why does the price of Bitcoin often experience drastic overnight drops?
Scraped on 01/08/2025, 14:33:01 UTC
Is this a common occurrence for cryptocurrencies?
Bitcoin= sound money

Yes, it's common for any currency or asset that is essentially in a free market, no central authority to approve anything, which operates 24 hours a day, 7 days a week, and tradeable from anywhere in the world using your digital device. If you could trade with gold, real estate, etc. in the same way as bitcoins, they would be equally volatile.