• Apathy@lemmy.world
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    7 days ago

    How many people lost fortunes in the 2000 crash? What about the 2008 crash?

    Market go up, market go down. Bitcoin go up, Bitcoin go down. You don’t have to believe in it, it’ll happen.

      • I_Has_A_Hat@lemmy.world
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        7 days ago

        Ah yes, because Bitcoin and all crypto are totally the same thing. If people want to lose money on shit coins, they’re free to do so. They can regret not keeping it in just Bitcoin later.

      • Apathy@lemmy.world
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        7 days ago

        The website referenced is talking about hacks and exploits which the companies should be held accountable for and will in most cases reimburse those that have taken the loss unless stated otherwise and in that case it’s idiots taking the losses because you should not be investing yourself with something you’re not educated on. I’ve been around crypto for a while now and acting like exploits for the stock market never existed is wild. Relative to life, the Bitcoin market has been around for a shorter period of time and will continue to be around because its inception is that unique. Also I’m not stating the whole crypto economy is wonderful; just bitcoin.