Waka Flocka Flame did what?

By DAVID Z. MORRIS

Bitcoin had a wild week, dropping as much as 40% from record highs, before climbing back a good bit by this afternoon.

In most markets, that kind of chaos would be nerve-shattering. But for Bitcoin investors and observers with even a few months of experience, it’s par for the course – and an opportunity to offer some some cutting Twitter commentary.

Here are a few of the funniest and most insightful responses to this week’s big dump.

The Memes

For those taking it all in stride, the big drop was best captured by gallows humor.

Neeraj K. Agrawal
@NeerajKA
Bitcoiners on Dec 16, 2017 vs. Bitcoiners on Dec 22, 2017
11:08 AM – Dec 22, 2017

WhalePanda
@WhalePanda
#Bitcoin bears be like
6:14 AM – Dec 22, 2017

The Context

More substantively, commentators emphasized that the big correction still left Bitcoin in pretty good shape for the year.

zerohedge
@zerohedge
BTC crashes to levels not seen in 2 weeks
12:37 PM – Dec 22, 2017

Robert Reid
@robertreidmd
Bitcoin has “crashed” 30% SIX TIMES in 2017. Each “crash” has been followed by an increase of: 76%, 237%, 183%, 165%, 152%. Bitcoin takes 7 steps forward, 2 steps back, 7 steps forward, 2 steps back. Every 2 steps back is heralded as the end of #bitcoin. Relax!
6:09 AM – Dec 22, 2017

Given that pattern, boosters weren’t shy about calling the price dip a buying opportunity.

Bobby Lee
@bobbyclee
Special #Christmas sale for #Bitcoin, this weekend only!

Hope it’s a bargain!

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