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There are posts here about business valuations all the time. Would you make the same comment for those?

I can't of any one single business where the day-to-day news fluctuates between "Oh no! It's worth nothing!" and "NEW RECORD HIGH". Basically, BTC fluctuating wildly because of [current event] is not new s it's just a normal and expected function of the "currency".

If Google went from being worth nothing to being worth double it's current value every 48 hours then I'd probably get sick of hearing about that too.

Business valuations are different than currency exchange rates IMO. What's wrong with my comment? Is asking about something I don't understand wrong?

Currency exchange rates affect businesses as well. It affects buying power between countries and can give companies in one country an advantage over companies in another country.

Not knowing everything there is to know about Bitcoin is verbotten on HN. So is having a differing opinion apparently, as I re-discover every few weeks.

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