Why Miner corps, bonds and other assets are THE WORST INVESTMENT YOU CAN MAKE.

[Bitcoin Oz]

Saying that investing in bonds, etc. is the "worst" investment is an exaggeration. If you compare mining bonds to USD-based investments, they look very good. Even though their values in BTC have dropped by half, their values in USD have still gone up. Add in the dividends and you are doing well.

Again: USD-based accounting is completely irrelevant. We are discussing BTC investments here. You're basically arguing that since the Zimbabwe dollar went from 1k per USD to 1bn per USD this means that some used car you bought made you a lot of money during the time it was slowly rusting in your front alley.

Coming from a porn website operator, your ideas are very welcome!

If a porn business was listed I would probably buy a few shares 

[ciuciu]

Saying that investing in bonds, etc. is the "worst" investment is an exaggeration. If you compare mining bonds to USD-based investments, they look very good. Even though their values in BTC have dropped by half, their values in USD have still gone up. Add in the dividends and you are doing well.

Again: USD-based accounting is completely irrelevant. We are discussing BTC investments here. You're basically arguing that since the Zimbabwe dollar went from 1k per USD to 1bn per USD this means that some used car you bought made you a lot of money during the time it was slowly rusting in your front alley.

Coming from a porn website operator, your ideas are very welcome!

If a porn business was listed I would probably buy a few shares  

You gave him the winning idea . Mircea will get rich, if his "BTC Exchange" doesn't work out.

[cuz0882]

Saying that investing in bonds, etc. is the "worst" investment is an exaggeration. If you compare mining bonds to USD-based investments, they look very good. Even though their values in BTC have dropped by half, their values in USD have still gone up. Add in the dividends and you are doing well.

Again: USD-based accounting is completely irrelevant. We are discussing BTC investments here. You're basically arguing that since the Zimbabwe dollar went from 1k per USD to 1bn per USD this means that some used car you bought made you a lot of money during the time it was slowly rusting in your front alley.

All I said was the value of the equipment doesn't change because the btc price does. Dollars are just a easy way to measure something value. It doesn't matter if you measure equipments value in dirt, sand dollars or gold. It's going to be worth the same amount of whatever when the price of btc goes up. A bond worth x mh is worth whatever it costs to generate and maintain x mh. I never said anything about value not depreciating when new equipment comes out. When new equipment comes out, old equipment will be cheaper obviously. That is when the value lowers, its not when the btc price changes.

[BitcoinINV]

giving 20 sand dollars for a 5830 Live or dead sand dollars you pick!

[odolvlobo]

Saying that investing in bonds, etc. is the "worst" investment is an exaggeration. If you compare mining bonds to USD-based investments, they look very good. Even though their values in BTC have dropped by half, their values in USD have still gone up. Add in the dividends and you are doing well.

Again: USD-based accounting is completely irrelevant. We are discussing BTC investments here. You're basically arguing that since the Zimbabwe dollar went from 1k per USD to 1bn per USD this means that some used car you bought made you a lot of money during the time it was slowly rusting in your front alley.

Well, 99% of the transactions I make are in USD, so it is relevant in the end. I prefer to stay in one currency or another, but I can't ignore the exchange rate if I have to exchange.

Also, I think you made a mistake with your Zimbabwe dollar analogy. Simply replace "Zimbabwe dollar" with "bitcoin". The car is worth the same in USD, but is now worth billions in bitcoins/Zimbabwe dollars. In your example, which is more relevant, USD or bitcoin/Zimbabwe dollar?