Every year for the past few years I hear radio ads that say the "experts" say gold is going to rise 30-50% and more and COULD go higher... then it doesn't. Gold has gone down steadily, even though the "EXPERTS" give the same speech every year about how "Don't worry, this time for sure it'll go up! Really!".
The idea of BTC rising above $300 is utter nonsense, it will not happen. The only people even making such ridiculous claims are the ones who need it to go that high to make any sort of profit at all because they foolishly bought ASICS without stopping to think and research properly.
You really have to listen to these radio ads and anyone speculating anything. They are full of important buzz words like "could, might, can, history has shown, etc".
And it is also utter foolishness that the ASIC manufacturers are SELLING their ASICS, because if they thought they could make a better profit by mining with them, they'd be doing it! Every time you send an ASIC manufacturer or reseller money for an ASIC, they laugh at you and collect money! You may eventually get an ASIC, but it is too late now.
Your time frame is WAY too short.
I've been in gold only a little over a decade, and let me tell you, the jumps have been PHENOMENAL. Sure, the last few years have actually seen a dip, but long term, it IS only going to go up. Trying to treat it like a get-rich-quick pump-and-dump stock will only burn you. Yes, there are companies selling gold. But what I see *everywhere* I drive, and in the newspaper, to the masses, is new businesses whose sole business it is to BUY gold from you. That's what the masses are doing... selling their gold, their "extra jewelry." Governments openly admit to manipulating the price, do you really think they try to manipulate it up? (If you do, you might want to revisit what happened when Germany recently demanded their gold from the U.S. Fed.)
Same thing with Bitcoin. It is a revolutionary new technology, unlike anything mankind has ever had. It's unique properties, and the fact that people will eventually want what Bitcoin offers, are what will have the bitcoin price crashing through $300/btc in due time. $100 is a steal, yes, even after the meteoric rise from <$1. And this is despite the fact that, while awareness is growing, it's STILL only a fraction of a fraction of people that actually own bitcoins. When bitcoins come to be owned by just the next wave of early adopters, the price will be high enough that we'll look back and include $100 as part of the "glory days" of cheap bitcoins.
EDIT: Spelling
