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Topic: And 2014's Worst Currency Was...Bitcoin (Bloomberg) 12/23/14 (Read 1602 times)

legendary
Activity: 1540
Merit: 1000
Holy shit these people are morons, aren't they supposed to genuinely have better things to do with their time?
legendary
Activity: 2674
Merit: 2965
Terminated.
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.
sr. member
Activity: 462
Merit: 250
I can draw your avatar!
Compared to what? The russian Roeble?
newbie
Activity: 18
Merit: 0
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.
newbie
Activity: 42
Merit: 0
Lol the tittle sound like a troll, but  true 2014 wasnt a good year for BTC
full member
Activity: 532
Merit: 100
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!
newbie
Activity: 56
Merit: 0
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  Undecided
legendary
Activity: 1106
Merit: 1000
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.
legendary
Activity: 2674
Merit: 2965
Terminated.
2012: 9 USD
2013: 97 USD
2014: 390 USD
Yeah, sure ... bitcoin is dead ...  Grin i like the one-day view of the modern journalist  Roll Eyes

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 Smiley
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.
legendary
Activity: 1582
Merit: 1196
Reputation first.
2012: 9 USD
2013: 97 USD
2014: 390 USD


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

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 Smiley
hero member
Activity: 635
Merit: 500
BlasterKVs the king of xbox modding
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
legendary
Activity: 1512
Merit: 1011
2012: 9 USD
2013: 97 USD
2014: 390 USD


Yeah, sure ... bitcoin is dead ...  Grin i like the one-day view of the modern journalist  Roll Eyes
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Looking at the chart, the worst currencies are from the countries that "banned" Bitcoin.
legendary
Activity: 1246
Merit: 1004
Meanwhile, 2014's best performing currency has apparently been the Somali shilling.
Q7
sr. member
Activity: 448
Merit: 250
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
hero member
Activity: 525
Merit: 500
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.
legendary
Activity: 2674
Merit: 2965
Terminated.
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.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Once this writer entered this into the article, my brain completely shut it off:

Quote
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.
1K
member
Activity: 64
Merit: 10

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

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.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Once this writer entered this into the article, my brain completely shut it off:

Quote
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.
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