Bitcoin owners are bellyaching about its plunge, but the digital currency's volatility is no more extreme than that of stocks

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OPINION: Bitcoin enthusiasts might want to be careful what they wish for when urging it and other cryptocurrencies be viewed as a full-fledged asset class. Not only can the market’s judgment of an asset be very harsh, it can remain that way for years.

Some bitcoin owners are complaining about the cruel and unfair twists of fate that have led the cryptocurrency to plunge in recent days.

In a five-day period from last weekend to its Wednesday low, as cryptocurrency exchange FTX unraveled, bitcoin BTCUSD fell nearly 30%. And that came on top of the huge loss it had suffered in the previous year.

 

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Lol bellyaching? Bra the people you're talking to aren't bitcoiners

“Bitcoin enthusiasts” is a nice word for cultist scammers.

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