Bitcoin Forum

https://i.imgur.com/DL52FI0.jpg

Draw your own conclusions.

My wife just told me she read articles indicating this was the worst investment one could make in 2014.  Where is the faith in science?

I thought that article was an April Fools joke? I had the distinct impression it was sarcastic or cynical... I could be wrong though.

Article is here (http://qz.com/193931/bitcoin-looks-like-the-worst-investment-in-the-world-this-year/) by the way.

Glad I bought some at this low price. Hoping that chart follows what it indicates! :)

That shows a strong chance it will be very quiet for ~6 weeks.

My conclusion: OP frustrated with pause in mission to the moon.

I also read that somewhere.. I think it is the worst currency investment of 2014.
The runner-up was the Argentinian Peso
But considering its volatility, its kinda have only two options : being the best investment or the worst. It still might end up 2014 by being the best Investment :)

Or just that now's the time to buy before the next major rise.

The article stated it was the worst investment of 2014. Starting from Jan thats hardly surprising with the huge percentage drop in price. Most holders don't care and the doomsdayers will be panic buying back in as it shoots up.

And Goldman Sachs stated that Bitcoin was the best performing for 2013 on a risk adjusted return basis.


http://www.zerohedge.com/news/2014-03-12/bitcoin-was-2013s-best-risk-adjusted-performer


Even beating the S+P 500

You need to look at the performance over a longer term basis.

There are people who put a lot of time and effort to propagate information that bitcoin is going to fall. I guess this people want to buy it low, sell high. 

Wives make great contrarian indicators.

Also this belongs in the speculation sub-forum.

Hey look I can draw random lines and triangles too:

https://i.imgur.com/lNQAEeO.png

I find following your wife's investment instructions to be the correct way to go.  If she's right she gets to bask in the glow of being the astute investor.  If she's wrong you earn points for listening to her and not arguing.  Either way it's a win win.

isn't that what you are doing all the time? And haven't you made a thread mit nearly the same chart like this OP?

I think people widly underestimate what the 21 million cap does, once it gets rolling one does not simply inflate BTC to the trillions.

More and more people want BTC everyday..
Billionares are playing games to steal from weakhands.. don't be a weak hand..
Fractional reserves fail, see MT gox, this is a good thing, fractional banking is stealing your wealth daily.

HODL!

When I first drew a chart like this, I thought I was making a joke. However, then as more months went by and bitcoin never recovered into another rally and instead kept having more drops, on lower and lower volume, with the 1W EMAs turning down, it became apparent to me that this chart might actually be a possibility.

You are here.
I am here, where are you?

1) If BTC goes up soon, you need to be buying now.
2) If BTC goes to under $200 the chance to make BIG $$$ will be amazing.
Either way buying some now is a great idea, since prices are way down.

People need to used to the fact that there is movement of price. Still people who invested one year ago make great deal.