And 2014's Worst Currency Was...Bitcoin (Bloomberg) 12/23/14

[God27]

http://www.bloombergview.com/articles/2014-12-23/and-2014s-worst-currency-wasbitcoin

Nice Comment Section....

[1714957665]

1714957665

[1714957665]

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[cbeast]

Nice Comment Section....

BLOOMBERG RESERVES THE RIGHT TO EDIT OR REMOVE COMMENTS BUT IS UNDER NO OBLIGATION TO DO SO, OR TO EXPLAIN INDIVIDUAL MODERATION DECISIONS.

[newIndia]

http://www.bloombergview.com/articles/2014-12-23/and-2014s-worst-currency-wasbitcoin

Nice Comment Section....

Ok... when it was rising they denied it as a currency and when it is falling... it has become a currency !!!

[1Referee]

As investment it might have been the worst investment for those who invested at high.

But how can they say the worst currency is Bitcoin...LOL.

As currency Bitcoin is performing outstanding. A lot new merchants made the choise to accept Bitcoin as payment method.

[God27]

http://www.bloombergview.com/articles/2014-12-23/and-2014s-worst-currency-wasbitcoin

Nice Comment Section....

Ok... when it was rising they denied it as a currency and when it is falling... it has become a currency !!!

True

[Jamie_Boulder]

Worst investment*

And that's because it's not supposed to be an investment.

[Stedsm]

Wait for 2015

[God27]

As investment it might have been the worst investment for those who invested at high.

But how can they say the worst currency is Bitcoin...LOL.

As currency Bitcoin is performing outstanding. A lot new merchants made the choise to accept Bitcoin as payment method.

Yea $333(Currency from the Leader of the free world) for 1 BTC, what is it now... 3 straight years of being the best investment by double of anything else out there(Unless someone here got into Alibaba, facebook, or twitter IPO's). I guess Bloomber expected bitcoin to go up to 10,000K as well...

[Elwar]

Remember the worst currency for 2013?

Ya, they didn't report on that.

[ChuckBuck]

Once this writer entered this into the article, my brain completely shut it off:

Most of Bitcoin's supporters, meanwhile, seem to be hackers whose resources depend upon the Ponzi-scheme nature of the enterprise itself.

Can't take this or any media source seriously, when they don't even do the time or effort to learn about the true properties of this currency.

[1K]

http://www.bloombergview.com/articles/2014-12-23/and-2014s-worst-currency-wasbitcoin

Nice Comment Section....

Ok... when it was rising they denied it as a currency and when it is falling... it has become a currency !!!

Ha, I was going to say the same thing. Funny that. Maybe the opposite will be true next year when bitcoiin goes to the moon and all fiats collapse lol.

[Elwar]

Once this writer entered this into the article, my brain completely shut it off:

Most of Bitcoin's supporters, meanwhile, seem to be hackers whose resources depend upon the Ponzi-scheme nature of the enterprise itself.

Can't this or any media source seriously, when they don't even do the time or effort to learn about the true properties of this currency.

In my almost 2 decades as a computer programmer I have never once delved into the world of hacking. No moral reason, just not something ever I felt like doing.

[Lauda]

People who write articles like this one should be eliminated. They should be more careful.
It is easy to find a hitman on the darknet.

[Rampton]

It's true that bitcoin hasn't done great this year, but they're missing the point. Some of us can see the value past its fiat worth and we must remember that 1btc is still worth 1btc.

[Q7]

I can see the attacking seems to gain a lot of attention. That is what they want in the first place... to gain traffic and readers  i bet bitcoin price goes up again and this time i just want to see what that guy has to say... bring it on 2015

[teukon]

Meanwhile, 2014's best performing currency has apparently been the Somali shilling.

[Elwar]

Looking at the chart, the worst currencies are from the countries that "banned" Bitcoin.

[Meuh6879]

2012: 9 USD
2013: 97 USD
2014: 390 USD


Yeah, sure ... bitcoin is dead ...  i like the one-day view of the modern journalist 

[moko666]

when bitcoin boom then said it is not a currency and now they promoting it as currency
no matter they are still promoting bitcoin and it is good for bitcoin to get promotion

[Gianluca95]

2012: 9 USD
2013: 97 USD
2014: 390 USD


Yeah, sure ... bitcoin is dead ...  i like the one-day view of the modern journalist 

It's not correct what you say. You exclude PUMP between November and Dicember of 2013, price was not 97 USD in 2013.

But, in all case, bitcoin total trend is in positive phase, we will see something of very good in 2015 I guess

[Lauda]

2012: 9 USD
2013: 97 USD
2014: 390 USD
Yeah, sure ... bitcoin is dead ...  i like the one-day view of the modern journalist 

It's not correct what you say. You exclude PUMP between November and Dicember of 2013, price was not 97 USD in 2013.

But, in all case, bitcoin total trend is in positive phase, we will see something of very good in 2015 I guess

Pumps are useless and should never be taken in consideration when looking at the big picture.
It's not like a single man can't pump the price to the moon.

[nextgencoin]

I wish people here would simply dismiss media from the mainstream about Bitcoin or anything economic really. The mains channels are bought and paid for by corporate interests and therefore banks. CNBC literally acts as a voice piece for the FED so why would anyone care what they say?


Sometimes you get people on these shows that get it but normally they are derided. An intelligent discussion on Bitcoin would simply say its highly volatile in Dollar terms because of the relatively small scale Bitcoin is at and people moving in and out therefore produce massive swings in price. BUT the big picture is its only really gone up so far, the recent drop in context of the massive move up is insignificant. End conversation, go home.

[548845]

Somebody with a few bits to spare please tip this idiot Mark Gilbert.

Let's see how he reacts.

I would do it my self but I only have bits 

[axel2078]

People who write articles like this one should be eliminated. They should be more careful.
It is easy to find a hitman on the darknet.

Yep, and the NSA is patiently waiting!

[MS.drawing]

Lol the tittle sound like a troll, but  true 2014 wasnt a good year for BTC

[DingoStar]

In my opinion, the author of this article is rights. The drop of btc price is significant compared to the price at the beginning of 2014 year. But the author does not take into account that bitcoin is a young currency, and at the moment the market is in the process of determining the fair price. At this stage, high volatilely is quite normal.

[neoneros]

Compared to what? The russian Roeble?

[Lauda]

People who write articles like this one should be eliminated. They should be more careful.
It is easy to find a hitman on the darknet.

Yep, and the NSA is patiently waiting!

Well then it is time for Russia and China to take all of that down, and our problem is solved.

[Lethn]

Holy shit these people are morons, aren't they supposed to genuinely have better things to do with their time?