> When prices drop 99% that’s when the bubbles burst. lol. Ether dropped 93% in ... | Hacker News

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		dorgo on March 19, 2022 \| parent \| context \| favorite \| on: Crypto is an unproductive bubble > When prices drop 99% that’s when the bubbles burst. lol. Ether dropped 93% in 2018 and is doing just fine today. I think you have to adjust your "bubbles burst" definition for crypto.

Retric on March 20, 2022 [–]

93% retains 7x the value of a 99% drop. Actual companies have recovered from similar drops, it’s however rare.

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