Hacker News Reader

>What exactly precipitates articles like this? Reading this headline I went to naturally go check the price of Bitcoin [1] and was expecting some... well something. Instead it's up about 5% on the month, a bit more than 1% on the week.

It was $19000 last year and ~ $6200 today, doesn't that give you any pause?

Sure, but why publish this article now. Bitcoin has been pretty stable (well stable for a crypto currency) for the past few month

It was already $6800 in February. What has changed since than to write about "Crypto’s 80% Plunge" now?

Articles are not just for breaking news.

They are also for reflective pieces covering a longer period of time.

Par for the course price volatility for bitcoin.

Bitcoin doesn’t really count. It’s about all of the Also Ran shitcoins/ICO scams that bitcoin spawned.

this is a fair argument for why you should never read daily news, and instead only read news that's a historical summary of the top N most important things from a trailing M year period.

Did you read the article? You didn't even have to get that far into it:

"Wednesday’s losses were led by Ether, the second-largest virtual currency. It fell 6 percent to $171.15 at 7:50 a.m. in New York, extending this month’s retreat to 40 percent. Bitcoin was little changed, while the MVIS CryptoCompare index fell 3.8 percent."