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submitted 3 months ago* (last edited 3 months ago) by smallpatatas@lemm.ee to c/technology@lemmy.world

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35 crypto companies got together to make a change dot org petition called "Bitcoin Deserves an Emoji".

F that

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[–] iopq@lemmy.world 2 points 3 months ago (7 children)

In 1998 the USD fell like 20% vs the yen, currencies don't always stay the same value vs. other currencies

[–] smallpatatas@lemm.ee 2 points 3 months ago (6 children)

Bitcoin regularly loses 85% of its "value" vs USD

85%

This has happened multiple times

[–] iopq@lemmy.world 1 points 3 months ago (1 children)

The swings were bigger when the market cap was smaller, this is usually the case. The market cap of the yen is much bigger still.

[–] smallpatatas@lemm.ee 2 points 3 months ago

Turns out you're right, BTC price only went down 77% from the 2021 peak, my mistake /s

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