1) $FIL has been extremely volatile today -- moving up and down 100's of percents.
Also huge difference between exchanges, and between spot and futures.
Overall it was a pretty eventful launch!
Two notes:
--index
--price bands and failed orders
Conversation
Someone has to mention it:
Down 100% means, you are at 0 and have nothing left.
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Only people that can't read have to mention it. He said 'up and down hundreds of percents'. Not 'up and down 100%'
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Wouldn’t make a difference, as there is no down hundreds of percents.
Nevermind, wasn’t my intention to upset anyone.
Keep up your great content !
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A coin at 14 goes to 28, that's 100% what we call 1x in crypto. Also, when It looses the same amount (100%), it would have lost 1x. Haven said this, Sam is a 200 iq guy. You're better off just listening.
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No offense, but this is wrong on so many levels, I am not entirely sure, if you mean it or just trolling. If it is not the latter, I am willing to correct and explain the issues of your post.
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I agree here the 1x down is not a 100% loss but he said the price has moved hundreds of percents up and down. He did not say one hundred up and one hundred down... He is talking about the volatility.
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If the price goes from 14 to 200, what percentage rise is that
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honestly guys I wasn't thinking that hard about it :P
it was up and down 100's of %'s of where it started and ended
1st, 100% is simply 1x in crypto. We do see 100x swings.
Secondly, I tried to explain this exact thing you tweeted to him, I reckon he was looking to catch you out.... Looks like he isn't aware of your 200 iq reputation.
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I understand, what SBF is trying to say, but I fear you didn’t catch my point, as there are many swings, which people poor in math, don‘t understand.
Example: If you have $100 & a coin goes down -80% & then up +120%, how much do you have from your initial investment?
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