Topic: FUD, Tulips, and Neilsons a great investor made 50% in a year (Read 731 times)

odolvlobo

legendary

Activity: 4522

Merit: 3426

Quote

... is also mindful of its shortcomings including the volatility that has seen the value of the units rise from $US12 to more than $US1000 in the space of 12 months.

It is absurd that someone would claim that a 1000% rise in value of an investment is a shortcoming. It is only a shortcoming if you were left at the gate.

I can only guess that he (and others like him) knows the true value of Bitcoin and is trying to talk down the price so he can get in at a lower price.

jubalix

legendary

Activity: 2632

Merit: 1023

http://www.smh.com.au/business/markets/bitcoin-will-be-felled-by-regulation-kerr-neilson-20140110-30ljr.html

Its amazing how wrong these so called stat investors are..managed to mention tulip in the first few sentences.

anyway his fund platinum made 50% return in a year bitcoin made 10000%.

*they really* don't get currency competition or choose not to.

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Topic: FUD, Tulips, and Neilsons a *great* investor made 50% in a year (Read 731 times)

Topic: FUD, Tulips, and Neilsons a great investor made 50% in a year (Read 731 times)